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Netflix beats expectations on profit and subscribers
Netflix beats expectations on profit and subscribers
Technology
by  AFP

Netflix topped expectations Thursday as it reported 9.3 million new subscribers and profits of $2.3 billion in the first three months of the year. Netflix took in $1 billion more in profit in the quarter than it did in the same period a year earlier, according to earnings figures.

Mideast in 'shadow of uncertainty' due to regional conflicts: IMF
Mideast in 'shadow of uncertainty' due to regional conflicts: IMF
Economy
by  AFP

Economies in the Middle East and North Africa face a "shadow of uncertainty" from ongoing tensions in the region, a senior IMF official told AFP on Thursday. In the face of the ongoing conflicts in Gaza and Sudan, and a recent cut to oil supplies by Gulf countries, the IMF has pared back its growth outlook for the Middle East and North Africa (MENA) region once again.

Meta releases beefed-up AI models
Meta releases beefed-up AI models
Technology
by  AFP

Meta on Thursday introduced an improved AI assistant built on new versions of its open source "Llama" large language model for powering the technology. Being open source means that developers outside of Meta are free to customize Llama 3 as they wish and the company may then incorporate those improvements and insights in an updated version.