Streaming companies are losing the fight against streaming giant Netflix. The number of Netflix subscribers increased to 260 million in Q4 2023. On the other hand, Disney+ and Hulu continue to lose numbers.
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Apple CEO Tim Cook is promising that Apple will "break new ground" on GenAI this year. Cook made the pronouncement during the company's annual shareholders meeting today, which came in the same week the company reportedly scuttled its multibillion-dollar, decade-long plan to build an EV. Apple, unlike many of its Big Tech rivals, has been slow to invest in and ramp up GenAI.