Jess Weatherbed

AI tools from companies like Google and OpenAI are replacing traditional web searches, starving news sites of traffic. Similarweb data reported by The Wall Street Journal shows that HuffPost’s organic search traffic fell by just over half in the past three years, and by nearly that much at The Washington Post.

The layoffs on Tuesday impact around 3.5 percent of Paramount’s global workforce, with the company having laid off around 2,000 US employees last year. In an internal memo seen by Deadline, Paramount execs said the cuts were driven by linear TV declines and broader economic concerns as the company focuses its efforts on streaming.

That’s what UK regulator Ofcom is investigating under Online Safety Act rules, alongside complaints about “the potential for illegal content and activity” on the platform. Anyone familiar with the controversial web forum could have this probe wrapped up by lunch, but let’s see how long it takes them.