Warner Bros. has an infamous history of being bought by other companies and then quickly ending up back on the market after its new owners realize how difficult it is to capitalize on a legacy production studio’s assets. Those challenges are part of what doomed WB’s mergers with AOL and AT&T, who bought the studio in attempts to reinvent themselves. But WB’s latest acquisition deal — this time with Netflix for $83 billion — feels like it has the potential to turn out differently because of how much of a major player within the entertainment industry the streamer has become. It also signals just how far Netflix has come: in less than two decades the streamer has gone from tech upstart to subsuming one of the most storied studios in Hollywood.
Technology
Fox News AI Newsletter: Kim Kardashian blames ChatGPT for test failures
Kim Kardashian blamed ChatGPT for making her fail law school tests “all the time.” (James Devaney/Getty Images)
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Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements.
IN TODAY’S NEWSLETTER:
– Kim Kardashian blames ChatGPT for making her fail multiple law school tests repeatedly
– Sheriff’s office tests America’s first self-driving police SUV
– Protecting kids from AI chatbots: What the GUARD Act means
BOT BLUNDER: Kim Kardashian is pointing the finger at ChatGPT after failing several law school exams.
‘SET THE STANDARD’: The Miami-Dade Sheriff’s Office recently announced a bold experiment that could redefine the future of law enforcement. The department introduced the Police Unmanned Ground Vehicle Patrol Partner, or PUG, which it claims is America’s first fully autonomous patrol vehicle.
SCREEN TIME’S UP: A new bipartisan bill introduced by Sens. Josh Hawley, R-Mo., and Richard Blumenthal, D-Conn., would bar minors (under 18) from interacting with certain AI chatbots. It taps into growing alarm about children using “AI companions” and the risks these systems may pose.
Bipartisan lawmakers, including Senators Josh Hawley and Richard Blumenthal, introduced the GUARD Act to protect minors from unregulated AI chatbots. (Kurt “CyberGuy” Knutsson)
EXPLOSIVE GROWTH: Moonfire Ventures founder Mattias Ljungman discusses rapid advancements in A.I., the robotics revolution and Tesla’s future on ‘Mornings with Maria.’
TECH TRIUMPH: Nvidia on Wednesday became the first company in history to reach a $5 trillion market valuation, marking meteoric growth driven by the global artificial intelligence (AI) boom.
Nvidia became the first company in history to reach a $5 trillion market valuation, highlighting its rise from a video game graphics company into a force behind the AI revolution. (Annabelle Chih/Bloomberg via Getty Images)
ROBOTS VS WORKERS: What if Sen. Bernie Sanders is right and Federal Reserve Chair Jerome Powell is wrong? What if the AI revolution causes mass layoffs of American workers, as the Vermont senator warned in a recent Fox News op-ed? And what if Powell is wrong that the softening labor market is due primarily to supply issues — lower immigration and a lower labor participation rate — rather than AI-produced “efficiencies”?
MAN AND MACHINE: OutKick founder Clay Travis explains why he predicts sports will become ‘more popular’ amid the rise of A.I. and discusses his new book on ‘The Bottom Line.’
OFFICE REBOOT: Artificial intelligence is driving a surprising surge in office demand, according to Newmark’s Liz Hart, who says tech firms and startups are expanding their footprints rather than shrinking them in a return-to-office revival.
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Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.
Technology
Apple’s chip chief might be the next exec to leave
Bloomberg’s Mark Gurman is reporting that Johny Srouji, senior vice president of hardware technologies, told Tim Cook he is “seriously considering” leaving Apple for another company in the near future. It was reported in October that Srouji was “evaluating his future at the tech giant.” While nothing is confirmed, it seems the executive is leaning towards not having a future at Cupertino.
If Srouji leaves, he would be just the latest in a string of high-profile shakeups in the company’s C-suite. COO Jeff Williams announced his retirement in July, which led to some shifting of roles. But things have only accelerated in December, with AI chief John Giannandrea stepping down, policy lead Lisa Jackson and general counsel Kate Adams announcing plans to retire, and UI design lead Alan Dye departing for Meta, all in the last few days.
Apple has struggled somewhat to find its footing as the industry further embraces AI. Now Tim Cook is tasked with trying to stem the bleeding, while being subject to rumors of his own departure. Gurman, who is usually reliable, has said those rumors are premature, but it still adds to the uncertainty surrounding what is typically one of the more stable companies in Silicon Valley.
Technology
Scammers target wireless customers in new phone scheme
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A troubling message landed in our inbox, and it reveals a scam that many people have never seen. Before we break it down, here is an email Gary from Palmetto, Florida, sent us:
“This just happened to a friend of mine. It’s the first time I’ve heard of this scam. She bought a new phone from Spectrum. 2 days later, she got a call saying they were from Spectrum and told her that they’d accidentally given her a refurbished phone rather than a new one and asked her to send it back, which he did.
“However, that night she got the feeling that something wasn’t right. She contacted UPS the next day and Spectrum, and verified that it was a scam and fortunately was able to get her phone back. But UPS told her that they actually changed the return address and the address it was going to as soon as it was shipped. She was just darn lucky she got her phone back. But like I say, this is something new. Nobody I’ve talked to has heard of it yet,” it wrote.
This experience shows how quickly scammers evolve. It also highlights how important fast action can be when something feels off.
HOW 3.5B WHATSAPP NUMBERS WERE SCRAPED AND EXPOSED
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Scammers time their calls right after a new phone delivery to make the story feel real. (Cyberguy.com)
How this new phone return scam works
You may avoid this scam when you know the steps criminals use to pull it off. Here is how they operate.
1) Scammers track recent purchases
They start by watching recent phone or carrier purchases through leaked data, phishing or stolen shipment information. Because they know when a phone was delivered, they can time the call with precision.
2) They call with a convincing story
Next, they pretend to represent Spectrum or another carrier. They claim a mix-up happened and say the customer received a refurbished device. Since the call ties directly to a real purchase, the story feels believable.
3) They pressure the victim to ship the phone
After that, they send a prepaid label that looks official. Once the victim ships the phone, they alter the destination through UPS or FedEx tools or hacked accounts. As a result, the device gets rerouted fast.
4) They follow up to reduce doubt
Sometimes they even send a second message or call to confirm receipt. This extra touch delays the moment the victim realizes the package went to a different address.
5) Quick action saved Gary’s friend
Gary’s friend sensed something felt wrong. She contacted UPS and Spectrum right away, which allowed them to intercept the shipment before final delivery.
FAKE AGENT PHONE SCAMS ARE SPREADING FAST ACROSS THE US
Steps to protect yourself from phone return fraud
These simple actions can stop this scam early and keep your new phone safe.
1) Confirm every return request
Always check with your carrier through its official phone number or website chat before you ship a device.
2) Ignore labels sent by callers
Treat any label that appears outside your verified online account as suspicious since scammers use these to reroute packages.
3) Ship only after confirming the address
Use your own shipping and send the phone only after you verify the correct return address with your carrier.
4) Watch for pressure
Scammers use phrases, like “We made a mistake” or “We will credit your account to push quick action.” Slow down and confirm before you do anything.
5) Add a carrier account PIN
Create a PIN and turn on two-factor authentication (2FA) to protect your account from unauthorized access.
Fake return labels look official, which makes victims believe they are sending the phone back to the carrier. (Reuters/Thomas Peter/File Photo)
6) Use a strong antivirus software
Strong antivirus software blocks phishing sites and dangerous links that scammers use to steal account data. It also warns you about scam calls and messages tied to known threats.
The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have strong antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe.
Get my picks for the best 2025 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com.
7) Use a personal data removal service
A data removal service pulls your information off people search sites that expose your address, carrier details and phone number. Lowering that exposure reduces targeted scam calls.
While no service can guarantee the complete removal of your data from the internet, a data removal service is really a smart choice. They aren’t cheap, and neither is your privacy. These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It’s what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you.
THIS IS WHAT YOU ARE DOING WRONG WHEN SCAMMERS CALL
Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting Cyberguy.com.
Get a free scan to find out if your personal information is already out on the web: Cyberguy.com.
8) Check your account for any new orders or changes
Scammers sometimes add fake orders or create return requests inside your carrier account. Reviewing your activity can reveal tampering quickly. Check your carrier account for new orders or changes. Look for return requests, shipping labels or edits you did not make.
9) Turn on shipping alerts for packages
Most carriers and shipping companies let you enable text or email alerts. This makes it harder for scammers to reroute a package without you knowing. Turn on delivery alerts with UPS, FedEx or USPS. Real-time updates help you catch reroutes before your device moves too far.
10) Protect your shipping login
Scammers often use stolen UPS or FedEx credentials to change addresses. Secure your UPS or FedEx accounts with strong passwords. This limits unauthorized access that scammers rely on. Consider using a password manager, which securely stores and generates complex passwords, reducing the risk of password reuse.
Next, see if your email has been exposed in past breaches. Our No. 1 password manager pick includes a built-in breach scanner that checks whether your email address or passwords have appeared in known leaks. If you discover a match, immediately change any reused passwords and secure those accounts with new, unique credentials.
Quick action with UPS or the carrier can stop the scam before the package reaches the wrong hands. (iStock)
Check out the best expert-reviewed password managers of 2025 at Cyberguy.com.
11) Avoid reading label numbers out loud over the phone
Some scammers ask victims to read tracking numbers or label details. They use these codes to hijack shipments. Never share tracking numbers or label details with anyone who calls you. Scammers use those numbers to redirect packages.
12) Report attempted fraud
Your report helps carriers investigate similar attempts. Report any suspicious calls to your carrier’s fraud department. Your story can help protect other customers from the same scheme.
Kurt’s key takeaways
Phone return scams keep spreading because scammers watch for any moment when people feel rushed or distracted. When a new device arrives, most of us feel excited and eager to get it set up, which gives criminals a narrow window to strike. Taking a few simple steps to verify every return request can shut down the entire scheme before it reaches your door. Slow down, check the details and trust your instincts if anything feels off. Your caution can save you from losing a brand-new phone to a convincing lie.
What scam attempts have you or someone you know run into lately that others should know about? Let us know by writing to us at Cyberguy.com.
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Copyright 2025 CyberGuy.com. All rights reserved.
Technology
Welcome to the big leagues, Netflix
Assuming that the deal receives regulatory approval, Netflix will soon own the entirety of Warner Bros.’ (but not Discovery Global’s) assets, which includes HBO / HBO Max, DC Studios, and the legacy studio’s television and film production arms. This would make Netflix the corporate home to many more of the world’s biggest entertainment franchises, like Game of Thrones and Harry Potter, and give the streamer a much larger operational footprint as a proper studio. Discovery Global — which retains ownership of networks including CNN, the Discovery Channel, and TLC — is set to become an independent corporate entity by Q3 in 2026.
This strategic bifurcation and sale of assets was obviously WBD’s desired outcome when the company first announced earlier this year that it planned to split Warner Bros. and Discovery back into two units. Back then, CEO David Zaslav had not yet announced that the company was open to acquisition offers. But you could glean as much from looking at the way that WBD was struggling to turn a profit with its linear cable networks.
Even though WBD managed to pay down a substantial portion of the $55 billion debt it inherited when Discovery bought WarnerMedia, the merged company’s flagging cable TV assets were a major factor in it receiving a significantly downgraded credit score earlier this year. That debt — a holdover from AOL’s disastrous merger with Time Warner — loomed over WBD for the entirety of Zaslav’s tenure as CEO.
A blend of money problems, misguided rebrands, and multiple rounds of layoffs left WBD in a very precarious position that made selling itself off to the highest bidder one of its only viable options to appease shareholders. Those challenges might also be difficult for Netflix to deal with, but this situation feels like it could shake out very differently for a handful of key reasons.
Unlike previous mergers where Warner Bros. was gobbled up by traditional tech giants and telecoms, the new deal is coming at a time when Netflix has long since established itself as a Hollywood power player. In addition to acquiring IP that goes on to become hits, the streamer has built out a robust production infrastructure to spin up wholly original projects of its own. And with many of the platform’s subscriber-generating projects like Stranger Things and Squid Game coming to an end, it’s easy to understand why it wanted to scoop up Warner Bros.’ sizable library of films and series. Netflix doesn’t have the strongest track record of building its own franchises — remember Rebel Moon? — and that’s exactly what it’s getting with WB.
Though Netflix feels like a better acquisition partner compared to Warner Bros.’ previous owners, this is still a consolidation and these kinds of mergers always come with casualties. And it is likely that we will soon start hearing about layoffs as Netflix begins dealing with internal redundancies created by its absorption of Warner Bros.’ employees and operations. But what is much less clear is how the newly merged studio will go about releasing its new projects.
In 2021 during the covid-19 pandemic’s height, WBD’s decision to debut movies on HBO Max as opposed to theaters prompted directors like Christopher Nolan to denounce the company for becoming “the worst streaming service.” Though box office numbers still haven’t returned to pre-pandemic levels, theaters have reopened, and breakout hits like Warner Bros.’ A Minecraft Movie and Superman features have made it clear that there is a demand to see movies on the big screen. Netflix has experimented with very limited theatrical releases that transparently read as plays to qualify its movies for major industry awards. But it has still primarily been a streaming company in the years since it got out of the DVD game.
Unlike MGM, which was on the decline when Amazon bought it, Warner Bros. has had a very strong track record with its recent theatrical releases. Netflix has said that it “expects” to keep putting Warner Bros.’ movies in theaters, but co-CEO Ted Sarandos has signaled that the company is thinking about shortening its theatrical windows in order to “meet the audience where they are quicker.”
“I’d say right now, you should count on everything that is planned on going to the theater through Warner Bros. will continue to go to the theaters through Warner Bros. and Netflix movies will take the same strides they have,” Sarandos said this week in a call with industry analysts.
Netflix has also made abundantly clear that it is open to cutting production costs by using generative AI. The company has not mandated that its collaborators use the technology as part of their production workflows, but it is easy to imagine gen AI becoming a bigger part of the studio now that it has taken on all of the projects Warner Bros. has in development.
The more glaring concern to come out of the new merger is the way that this could impact competition between the major studios and streaming platforms. Netflix has effectively replaced Warner Bros. as one of the Big Five, which will likely change the entertainment industry’s power dynamics. But streaming customers will probably feel these shifts more directly as Netflix and its competitors settle into a new status quo.
Netflix’s prices could go up yet again under the auspice that the service has become more premium with Warner Bros.’ offerings. It’s still not clear how Netflix will handle the HBO / Max brands long term. The company has said that it thinks “HBO and HBO Max also provide a compelling, complementary offering for consumers,” but it would not be surprising to see those brands ultimately going the way of Hulu, which has been turned into a section within Disney Plus.
It has been years since Netflix was a rowdy upstart fighting to be taken seriously. But even though the company has already cemented itself as the world’s biggest TV / movie streamer, this new deal will take it to a different level of prominence. The Netflix / WBD merger will undoubtedly result in changes — some of them bad — that reverberate through the entire entertainment landscape.
But as tumultuous as things will likely feel in the immediate future, it doesn’t seem likely that Netflix will end up trying to sell off Warner Bros. in a couple of years. Acquisitions of this scale aren’t the company’s usual MO, but it has been bullish about wanting Warner Bros. since the studio went on sale. If the deal goes through, Netflix is undoubtedly in the big leagues — now it has to prove it belongs.
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