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    NBC’s “Peacock” to join the streaming fray in April

    By SHOOTUpdated:No Comments1806 Views
    This Aug. 21, 2009, file photo shows the NBC logo at its headquarters in New York. Comcast’s NBCUniversal says its upcoming streaming service will be called Peacock, in an homage to NBC’s logo, and will be the home for some of the company’s most popular shows, including “Parks and Recreation,” “The Office” and “30 Rock.” (AP Photo/Bebeto Matthews, File)

    By Tali Arbel, Business Writer

    NEW YORK (AP) --

    Comcast's NBCUniversal said Tuesday that its upcoming streaming service will be called Peacock, in an homage to NBC's logo. It will become the home for some of the company's most popular shows, including "Parks and Recreation" and "The Office."

    That means both will be leaving Netflix, although not for several months after Peacock launches. As Disney, AT&T's WarnerMedia and NBCUniversal prepare to debut their streaming services, they have been taking some of their TV and movie deals away from Netflix, the most popular streaming service. That augurs a future where consumers will have to hunt for their favorite shows and films among lots of different services. WarnerMedia for example on Tuesday also announced that HBO Max, its upcoming streaming service, will have the U.S. rights to "The Big Bang Theory." Netflix on Monday said it's adding Seinfeld.

    Peacock, like HBO Max, is launching in April, after Disney Plus and Apple TV Plus, which come out this November. NBCUniversal on Tuesday did not announce a price. The service will have ads.

    Peacock's lineup will include series like "30 Rock," ''Will & Grace," and "Cheers," although those won't stream exclusively on Peacock, as well as original new movies and shows including reboots of "Battlestar Galactica" and "Saved by the Bell" and a new comedy series from "The Good Place" and "Parks and Rec" creator Mike Schur. NBCUniversal would not say what would be available at Peacock's launch.

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    Tags:ComcastNBCUniversalPeacock



    OpenAI now worth $500 billion, possibly making it the world’s most valuable startup

    Thursday, October 2, 2025
    The OpenAI logo appears on a mobile phone in front of a computer screen with random binary data, March 9, 2023, in Boston. (AP Photo/Michael Dwyer, File)

    OpenAI could now be the world's most valuable startup, ahead of Elon Musk's SpaceX and TikTok's parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker.

    Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company's valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly.

    The investors buying the shares included Thrive Capital, Dragoneer Investment Group and T. Rowe Price, along with Japanese tech giant SoftBank and the United Arab Emirates' MGX, the source said Thursday.

    The valuation reflects high expectations for the future of AI technology and continues OpenAI's remarkable trajectory from its start as a nonprofit research lab in 2015.

    But with the San Francisco-based company not yet turning a profit, it could also amplify concerns about an AI bubble if the generative AI products made by OpenAI and its competitors don't meet the expectations of investors pouring billions of dollars into research and development.

    OpenAI CEO Sam Altman has sought to dismiss those concerns, most recently last week, when he toured a massive data center complex being built to run the company's AI systems in Abilene, Texas.

    "Between the ten years we've already been operating and the many decades ahead of us, there will be booms and busts," Altman said after being asked about a bubble. "People will overinvest and lose money, and underinvest and lose a lot of revenue."

    He added that "we'll make some dumb capital allocations" and there will be short-term ups and downs but that "over the arc that we have to plan over, we are confident that... Read More

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