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Warner Bros Discovery will split into two separate publicly traded companies -- one focused on its studios and streaming assets like HBO, DC Studios, and HBO Max, and the other on its declining cable networks including CNN and TNT Sports. The move, which unwinds the 2022 WarnerMedia-Discovery merger, is expected by mid-2026 and is "the latest unraveling of decades of media consolidation that created global conglomerates spanning content creation, distribution and in some cases, telecommunications," reports Reuters. From the report: The new streaming-and-studios company will include Warner Bros, DC Studios and HBO Max - the crown jewels of WBD's entertainment library. The networks unit, which will hold up to a 20% stake in its counterpart, will house CNN, TNT Sports and Bleacher Report. CEO David Zaslav will lead the streaming and studios unit, while CFO Gunnar Wiedenfels will head the networks unit. The separation will be structured as a tax-free transaction and is expected to be completed by mid-2026. "We've continued to analyze how our industry is evolving," Zaslav told investors. "The right path forward became increasingly clear ... to separate global networks and streaming and studios into two independent, publicly traded companies." Most of the company's debt would be held by the global networks company. WBD had gross debt of $38 billion as of March. The company said it secured a $17.5 billion bridge loan from J.P. Morgan that it would use to restructure its debt.

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Annual infomercial spruiks visual change, modest functional enhancements, and a movie

Apple CEO Tim Cook on Monday opened the company's annual developer conference by talking up a forthcoming racing film called “F1”.…

LIVE UPDATES: Follow MailOnline's live coverage of the Love Island 2025 launch show as 12 singletons head to the villa for the latest series of the ITV2 dating show.

Rennie passed away at the age of 65 on Saturday, June 7. During his career refereed over 300 matches between 1997 and 2008 and was once branded the 'fittest' official in world football.

Sean ' Diddy ' Combs's trial for sex trafficking and racketeering entered its fifth week on Monday in New York City.

The man had escaped prior to boarding a commercial flight which was due to depart to India, MailOnline understands.

Worries lawyers overseeing poll may have disqualifying entanglements

The Internet Corporation for Assigned Names and Numbers (ICANN) has called for changes to the roster of officials appointed to oversee the forthcoming election at the African Network Information Centre (AFRINIC), the latest twist in a conflict that stretches back years and has left the African regional internet registry in limbo.…

An anonymous reader quotes a report from TechCrunch: Apple is launching what it calls the Foundation Models framework, which the company says will let developers tap into its AI models in an offline, on-device fashion. Onstage at WWDC 2025 on Monday, Apple VP of software engineering Craig Federighi said that the Foundation Models framework will let apps use on-device AI models created by Apple to drive experiences. These models ship as a part of Apple Intelligence, Apple's family of models that power a number of iOS features and capabilities. "For example, if you're getting ready for an exam, an app like Kahoot can create a personalized quiz from your notes to make studying more engaging," Federighi said. "And because it happens using on-device models, this happens without cloud API costs [] We couldn't be more excited about how developers can build on Apple intelligence to bring you new experiences that are smart, available when you're offline, and that protect your privacy." In a blog post, Apple says that the Foundation Models framework has native support for Swift, Apple's programming language for building apps for its various platforms. The company claims developers can access Apple Intelligence models with as few as three lines of code. Guided generation, tool calling, and more are all built into the Foundation Models framework, according to Apple. Automattic is already using the framework in its Day One journaling app, Apple says, while mapping app AllTrails is tapping the framework to recommend different hiking routes.

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The last effort never went anywhere

AI is here to stay, so representatives Nancy Mace (R-SC) and Shontel Brown (D-OH) have introduced a bill to ensure more US federal government employees are properly trained to use it.…

It's no secret that Kim Kardashian doesn't mind splurging on purchases... So it shouldn't be a surprise that when it comes to her kids, she isn't hesitant to drop a pretty penny.

President Donald Trump said he would support arresting California Gov. Gavin Newsom and called the rioters in Los Angeles 'insurrectionists.'

At WWDC 2025, Apple announced a new dedicated Games app coming to Mac, iPhone, and iPad with features like leaderboards, matchmaking, and integration with Apple Arcade. Engadget's Jessica Conditt describes it as "a revamp of Game Center" that behaves "more like a modern gaming hub, a la Xbox or GOG Galaxy." From the report: You can see what your friends are playing and challenge them to specific feats in certain titles. The library tab will include every game you've ever downloaded from the App Store, allowing you to booth them up right there. On Mac, a Games app overlay makes communication tools, audio controls, Bluetooth connections and live battery levels accessible at any time.

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The Duchess of Sussex, 43, and her husband, 40, recently enjoyed a family trip to the 'Happiest Place On Earth' with their children Archie, seven, and Lilibet, four.

After a five-year hiatus, Cornelis' interconnect returns at 400Gbps, with Ethernet support next

Five years after Intel spun off its Omni-Path interconnect tech into Cornelis Networks, its 400Gbps CN5000 line of switches and NICs is finally ready to do battle with its long-time rival, Nvidia's InfiniBand.…

Meghan Markle is a self-proclaimed feminist and vowed to continue her work for women's advocacy when she joined the Royal Family.

Blake Lively's emotional response to Justin Baldoni's $400million countersuit against her being dismissed has been revealed.

The former Made In Chelsea stars announced they were expecting their first child in a sweet social media post on Tuesday, after tying the knot in a lavish Spanish wedding in 2023.

AB Hernandez, who is a biological male, was met with fresh protests after claiming gold in the high jump and triple jump at the California Interscholastic Federation state finals at the end of May.

A TikTok user known for her budget-saving hacks has shared her incredible trick to keeping the leafy vegetable crisp for months.

China's vice-premier He Lifeng, a big yam, is in London and spent his morning with Rachel Reeves.