The conventional wisdom is that Microsoft (NASDAQ: MSFT) could be mounting a serious threat to Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) dominance in search. Microsoft integrated OpenAI's ChatGPT chatbot into a new version of the Bing search engine. Google Search still hasn't launched its generative AI product called Bard for widespread use. Read More...
AP Finance
Warner Bros. Discovery sues Paramount over ‘South Park’ deal
Warner Bros. Discovery Inc. is suing Paramount Global, saying its competitor aired new episodes of the popular animated comedy series “South Park” after Warner paid for exclusive rights. Warner says it signed a contract in 2019 paying more than $500 million for the rights to existing and new episodes of the irreverent show, according to a lawsuit filed Friday in New York State Supreme Court. In spite of Warner’s exclusive rights to the show until 2025, the company alleges South Park Digital Studios, which produces the shows and is named as a defendant in the lawsuit, offered two pandemic-themed specials to Paramount, which aired them in September 2020 and March 2021.
