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Industry News

Tech

  • Meta Profit Falls 14% Amid Legal Scrutiny Over Child Safety

    By

    Tess Patton
    July 29, 2026 @ 1:14 PM

    Pro Available to WrapPRO members

    Business
    1:14 PM
    Meta Profit Falls 14% Amid Legal Scrutiny Over Child Safety

    Pro Available to WrapPRO members

  • 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

    By

    JD Knapp
    July 29, 2026 @ 8:34 AM
    Tech
    8:34 AM
    Mark Zuckerberg Is ‘Skeptical’ of Silicon Valley Approach to AI: More Openness, Less Doom
  • 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

    By

    Roger Cheng
    July 29, 2026 @ 6:15 AM

    Pro Available to WrapPRO members

    Tech
    6:15 AM
    Can a Copyright Risk Detector for AI-Created Media Protect Artists and Studios? | Exclusive

    Pro Available to WrapPRO members

  • 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”

    By

    Lucas Manfredi
    July 28, 2026 @ 3:44 PM
    Deals & M&A
    3:44 PM
    Ari Emanuel Urges State AGs to Drop Paramount-Warner Bros. Merger Lawsuit
  • 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

    By

    Lucas Manfredi
    July 28, 2026 @ 9:47 AM
    Tech
    9:47 AM
    HBO Max Gets Into Vertical Video With ‘Shorts’ Feed
  • 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

    By

    A.J. Katz
    July 27, 2026 @ 1:48 PM
    Journalism
    1:48 PM
    BuzzFeed to Lay Off 35% of Workforce After Byron Allen Takeover
  • Reuters Editor Warns AI Poses ‘Existential’ Threat to Journalism

    Alessandra Galloni says publishers must be paid for content used to train artificial intelligence models

    By

    A.J. Katz
    July 24, 2026 @ 7:13 AM
    Journalism
    7:13 AM
    Reuters Editor Warns AI Poses ‘Existential’ Threat to Journalism
  • 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

    By

    Kayla Cobb
    July 23, 2026 @ 10:30 AM
    Industry Trends
    10:30 AM
    Microseries Economy Valued at $150 Billion Outside of China as AI-Generated Shows Take Off
  • 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

    By

    A.J. Katz
    July 23, 2026 @ 6:43 AM
    Tech
    6:43 AM
    Google Fined $1 Billion by EU Over Search, Android Practices
  • 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

    By

    A.J. Katz
    July 22, 2026 @ 3:10 PM
    Tech
    3:10 PM
    Meta Avoids Trial as Teen Drops Social Media Addiction Lawsuit
  • 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”

    By

    Alyssa Ray
    July 21, 2026 @ 9:47 PM
    Movies
    9:47 PM
    Elon Musk Vows to Make ‘Historically Accurate,’ AI-Created ‘Odyssey’ Film by Year’s End
  • 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

    By

    Alyssa Ray
    July 21, 2026 @ 7:04 PM
    Public Policy & Legal
    7:04 PM
    News Corp Countersues Search Engine Brave for AI Copyright Infringement
  • Paramount’s Makan Delrahim Slams State AG Lawsuit: ‘Weaponization of Antitrust Law’

    The media giant’s chief legal officer also reveals a list of possible concessions has already been sent to California’s Rob Bonta

    By

    Lucas Manfredi
    July 20, 2026 @ 9:46 AM
    Deals & M&A
    9:46 AM
    Paramount’s Makan Delrahim Slams State AG Lawsuit: ‘Weaponization of Antitrust Law’
  • Netflix Paid $587 Million in Cash for Ben Affleck’s AI Startup InterPositive

    The figure was disclosed in a regulatory filing by the streamer on Friday

    By

    Lucas Manfredi
    July 17, 2026 @ 2:16 PM
    Deals & M&A
    2:16 PM
    Netflix Paid $587 Million in Cash for Ben Affleck’s AI Startup InterPositive
  • Peter Thiel, Who Secretly Bankrolled Gawker Lawsuit, to Receive Axel Springer Award

    The German publisher defended honoring the billionaire investor, whose secret funding helped bring down Gawker

    By

    A.J. Katz
    July 17, 2026 @ 1:13 PM
    Tech
    1:13 PM
    Peter Thiel, Who Secretly Bankrolled Gawker Lawsuit, to Receive Axel Springer Award
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