Kivo Daily

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[kivodaily]

Warner Bros. Discovery Revenue Dropped in 4th Quarter

Warner Bros. Discovery – Numerous large corporations have released their fourth-quarter revenue reports in recent weeks.

Some have improved, while others have remained the same, and some have suffered major losses.

Warner Bros. Discovery is one of the corporations that reported a huge loss in the fourth quarter.

The news

Warner Bros. Discovery released a statement on Thursday, reporting a large loss of more than $11.1 billion in fourth-quarter sales, falling short of analysts’ expectations.

A lackluster advertising market can be blamed for some of the company’s decline.

Warner Bros. Discovery’s TV networks division shrank by 6% to $5.5 billion, with an emphasis on ad income...Read More

Source: Kivo Daily

[kivodaily]

Meta Subscriptions Services Coming, Twitter 2FA Changes

Subscription service – Users are already upset about another significant change Mark Zuckerberg announced for Facebook and Instagram on Sunday.

According to reports, the CEO of Meta said that the company is testing a premium subscription service that verifies users of Facebook and Instagram.

The stunning story comes after Twitter said it will begin charging users for SMS two-factor authentication.

The news

Zuckerberg stated in his introduction that the subscription service would be called “Meta Verified.”

Customers will pay $11.99 per month so they can use this service.

However, the monthly service costs $14.99 for iOS users.

This week will see the launch of Meta Verified, with Australia and New Zealand getting a peek before other countries...Read More

Source: Kivo Daily

[kivodaily]

Ford Halts Production of Electric Pickup Trucks

Ford — Across a broad spectrum of industries, the United States is home to several large firms that export their goods and services around the world.

Gas-powered automobiles formerly plied the concrete roads until Elon Musk and Tesla introduced a new age of electric vehicles.

With a history spanning more than a century, Ford Motor Company is one of the top American automakers.

The business has prospered despite the economic downturn, frequently returning to the market with a new product.

Ford made the decision to adjust in light of the advent of electric vehicles and unveiled plans for many new models.

The Ford F-150 Lightning pickup truck is one of the most eagerly awaited vehicles.

Unfortunately, a recent problem has forced the business to stop manufacturing for now.

The news

Ford Motor Company stated on Wednesday that it anticipates manufacturing of the F-150 Lightning pickup to stall until the end of the next week.

The business will solve a potential battery problem at around that time after a car’s battery caught fire…Read More

Source: Kivo Daily

[kivodaily]

Google Shares Dropped from Presentation

Google – The race for AI technology has intensified since ChatGPT unveiled OpenAI in late 2022, leaving other tech firms in the dust.

Google in particular is lagging and has been working to catch up.

The company held an event on Wednesday to display Bard, an AI chatbot, to terrible consequences.

As a result, Alphabet, the parent company of Google, saw a decline of more than 7% in share price at the close of trade.

The news

On Tuesday, Microsoft showcased brand-new AI technologies on its Bing search engine.

Due to the event’s success, Google decided to emulate it.

Earlier that day, Google had confirmed the news of its Bard announcement and said that the AI technology will be made available over the coming weeks.

The presentation

Google executives spoke about Bard’s potential on Wednesday at the event.

In a presentation, the pros and cons of AI were discussed.

The company’s well-known language model, LaMDA (Language Model for Dialogue Applications), drives Bard...Read More

Source: Kivo Daily

[kivodaily]

Samsung's Galaxy S23 Series Released, What's New

Galaxy S23: Two brands have dominated the smartphone market despite the fact that numerous businesses in the sector are fighting for the top place.

The past ten years have seen Apple and Samsung square off against one another in a tight race.

Samsung has always had the advantage with a wide range of models, but Apple has regularly maintained consistency in its lineups.

Samsung followed up with an upgrade to its top-tier Galaxy series with the S23 lineup months after Apple released the iPhone 14.

The new phones

The most recent model to join Samsung’s long-running S-series portfolio are the Galaxy S23 phones.

The Samsung Galaxy S23, S23+, and S23 Ultra are the most recent improvements to the lauded S-series portfolio.

For this year’s release, the leaders in Android have made significant hardware and software upgrades.

The tech titans stuck to their strategy, with little to no adjustments to the gadgets, despite the changes…Read More

Source: Kivo Daily

[kivodaily]

MacBook Updated Chips Coming in 2023

MacBook: When Apple disclosed that buyers could choose between the M2 Pro and M2 Max CPUs for the new Macs on Tuesday, it was a momentous revelation.

For the Mac and MacBook, the two CPUs are Apple’s most powerful processors.

The M2 chips

Apple’s next-generation systems on the chips (SoCs), the M2 Pro and M2 Max elevate the performance.

With over 32GB of quick, unified memory, a 12-core CPU, and a 19-core GPU, the Pro expands the M2 architecture.

The M2 Pro features a 38-core GPU to double the unified memory bandwidth and 96GB of unified memory, while the Max expands on those features.

The CPUs include improved proprietary technologies such as a speedier 16-core Neural Engine and Apple’s powerful media engine...Read More

Source: Kivo Daily

[kivodaily]

Tesla Discounted on Selected Vehicles in the US and UK

Every industry has been impacted by the economic crisis, which has forced difficult decisions from major brands.

Tesla is moving in a different route than other companies, which have been laying off employees to decrease expenses.

The developer of electric vehicles is reducing prices in the US and Europe instead.

The news

Tesla is an enterprise that designs and develops electric automobiles, devices for energy storage and solar equipment...Read More

Source: Kivo Daily

[kivodaily]

Stocks of Apple and Tesla Fall in the 4th Quarter

Apple and Tesla are two of the biggest tech entities in the United States, but they are currently dealing with problems with their stocks.

The two companies face significant headwinds in China, which concerns investors.

Apple’s shares fell more than 3% when concerns about the iPhone lineup in the December quarter grew louder.

Meanwhile, Tesla fell by 12% on Tuesday when the company reported that deliveries were below analyst expectations…Read More

Source: Kivo Daily

[kivodaily]

Britain Strengthens Law Restricting Phone Use While Driving

Great Britain will no longer be able to evade punishment for using their phone while driving after a loophole in the law was closed.

A fine of up to £1,000 may be implemented, and the driver may receive six points on their license for scrolling through their handheld device.

The Department for Transport (DfT) says that 17 people have been killed and 114 seriously injured in vehicular accidents involving a driver using a mobile phone...Read More

Source: Kivo Daily

[kivodaily]

Digital Driver’s License Now Accepted in Arizona - Kivo Daily

iPhone users with an Arizona driver’s license or state ID can now upload them to their Apple Wallet. This is the first time a US state has supported digital versions of identification. 

Arizona residents with TSA PreCheck can present their digital driver’s license or state ID using their iPhone or Apple Watch at select Transportation Security Administration checkpoints in Phoenix Sky Harbor International Airport.

Apple announced plans to introduce the feature to Colorado, Hawaii, Mississippi, Ohio, and Puerto Rico...Read More

Source: Kivo Daily

[kivodaily]

Integrating Web3 Gaming into and Web2 Strategies

Integrating web3 content into existing web2 business models is a constant focus for developers. Here are a few key hacks that can be used to complete this integration:

The gaming industry has found a particularly effective way to keep the younger generation glued to their screens. Several companies outside of the gaming industry are capitalizing on the gaming industry’s promotional potential. Businesses can learn from Balenciaga’s success in raising brand awareness by partnering with the widely played video game Fortnite.

With web3’s built-in connection to the industry, it will be possible to implement a seamless strategy for increasing brand recognition. It’ll be quite simple if players aren’t interrupted during their gameplay. However, businesses that want to take advantage of web3’s industrial potential should learn to proceed cautiously...Read More

Source: Kivo Daily

[kivodaily]

Unions at Starbucks Demand Higher Wages - Kivo Daily

The recent union efforts of Starbucks employees prompted the company to increase its wages. In addition to the increase in salary – to take effect on Monday – labor leaders call for extended benefits. According to them, no bargain should be made in this case.

Following its employees’ efforts to organize into a union, Starbucks declared in May that it will raise the wages of its employees. The business has also stated that other benefits like credit card tipping come along with the wage increase. A Seattle-based Starbucks chain, however, stated that it would not extend the benefits since it must first go through a negotiation procedure...Read More

Source: Kivo Daily

[kivodaily]

Avatar 2 Slated for a Record-Breaking Release

This week marks the debut of the Disney film Avatar: The Way of Water and analysts predict record-breaking domestic ticket sales of at least $150 million.

The original Avatar movie could have had a better start. In 2009, its first week’s earnings were barely $77 million. Nevertheless, the movie kept playing in theaters and became more popular over time. Ultimately, it ran for 234 days in US theaters and other countries.

The film made a total of $760 million in the US and an additional $2 billion in foreign sales. Cinema firms predict that until February, Avatar: The Way of Water will only face a few formidable rivals. Therefore, it could follow the same course as its...Read More

Source: All Perfect Stories

[kivodaily]

This week marks the debut of the Disney film Avatar: The Way of Water and analysts predict record-breaking domestic ticket sales of at least $150 million.

[kivodaily]

Sony to Branch Out Into the PC Space with 2 Monitors and 3 Headsets

Sony’s Playstation has been a staple in the gaming industry for decades, often standing out despite the competition in the industry.

While they remain the leaders in gaming, Sony has shifted its focus to adapt to modern trends — particularly in the PC sector.

The company recently revealed that it is launching its own gaming computer monitors and headsets, hoping to make its mark in the PC gaming market and go beyond the PlayStation brand.

The PC gaming lineup is called Inzone and will feature two monitors.

The Inzone M9 monitor is the pricier one of the pair and retails at $900.

Inzone M9 monitors feature a 27-inch display with 4K resolution and a 144Hz refresh rate, justifying its price.

The Inzone M3 is the more budget-friendly of the two, retailing at $530. While it sacrifices screen…Read More

Source — Kivo Daily

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[kivodaily]

Hastings admits Netflix overestimated advertising's value

Reed Hastings, the founder and co-CEO of streaming behemoth Netflix, recognized the significance of advertising in generating money for the firm.

According to Hastings, he wishes the firm provided advertising in its services earlier. However, he stated that he grew too focused on the intense rivalry from other market giants such as Facebook and Google.

For many years, Netflix shunned the concept of commercial bundles. However, the firm went through financial difficulties many months ago. This encouraged management to look for alternative methods to make money.

“I didn’t believe in the ad-supported tactic for us. I was wrong about that. Hulu proved you could do that at scale and offer customers lower prices. So we did switch on that. I wish…Read More

Source — Kivo Daily