Tech
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Apple Smashes Wall Street Earnings Estimates as Revenue Hits $109 Billion
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TV
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Amazon Q2 Profit More Than Triples As Anthropic AI Bet Pays Off Big Time
The tech giant’s ad revenue grew 16% to $19.81 billion
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Business
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SiriusXM Launches $5 Sports Pass as It Expands Subscription Strategy
“Every new channel, artist performance, live event and creator collaboration advances our vision for the future of audio,” CEO Jennifer Witz says
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Investors Are Getting Fed Up With Meta’s Pricey AI Bet
The tech company’s stock price fell as much as 12% during the second quarter earnings call even as revenue topped expectations
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Business
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Mark Zuckerberg Is ‘Skeptical’ of Silicon Valley Approach to AI: More Openness, Less Doom
“I think it is literally impossible to have a single benevolent superintelligence that is simultaneously aligned with everyone at once,” the Meta boss says
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Can a Copyright Risk Detector for AI-Created Media Protect Artists and Studios? | Exclusive
Startup CopySight is pushing a credit score-like system that it wants to make an industry standard
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Tech
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Ari Emanuel Urges State AGs to Drop Paramount-Warner Bros. Merger Lawsuit
The WME Group executive chairman says ignoring competition in the streaming market and players like Amazon, A24, Lionsgate, Netflix and YouTube “doesn’t remotely reflect reality”
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HBO Max Gets Into Vertical Video With ‘Shorts’ Feed
The streamer is also rolling out an experimental conversational search experience as it looks to make content discovery easier for users
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BuzzFeed to Lay Off 35% of Workforce After Byron Allen Takeover
Staff reduction marks first restructuring under Allen’s ownership of the digital media company
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Reuters Editor Warns AI Poses ‘Existential’ Threat to Journalism
Alessandra Galloni says publishers must be paid for content used to train artificial intelligence models
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Microseries Economy Valued at $150 Billion Outside of China as AI-Generated Shows Take Off
Holywater Tech and Owl & Co. have released their first-ever report, titled The State of Microdrama 2026
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Google Fined $1 Billion by EU Over Search, Android Practices
“The best products should succeed because they’re better, not because they’re owned by the company running the search engine,” one European regulator explains
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Meta Avoids Trial as Teen Drops Social Media Addiction Lawsuit
A Florida teen withdrew his suit against the social media conglomerate days before a high-profile jury trial
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Elon Musk Vows to Make ‘Historically Accurate,’ AI-Created ‘Odyssey’ Film by Year’s End
The tech mogul also claims the new adaptation will be “true to the art of Homer”
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News Corp Countersues Search Engine Brave for AI Copyright Infringement
“Brave are content crooks and brand brigands. They have shamelessly stolen and then perfidiously profited from that pilfering,” Chief Executive Robert Thomson says
