Tech
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Clipping Viral Social Videos Has Become Big Business
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TV
Available to WrapPRO members
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SAG-AFTRA ‘Strongly Supports’ Trump’s AI Policy Framework, Says Members ‘Deserve Protection’
“Our members’ performances, voices and likenesses are not raw material to be used without consent,” a union spokesperson adds
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Epic Games Committed to Disney-Fortnite Partnership Despite Layoffs, Cost Cuts
“The vision is unchanged and we are excited by our progress,” president Adam Sussman tells TheWrap of its plans to build a games and entertainment universe
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Prince Harry and Meghan Markle Applaud Landmark Ruling Against YouTube, Meta: ‘This Is a Reckoning’
“We stand with every parent and young person who refused to be silenced,” the Duke and Duchess of Sussex, vocal online safety advocates, add
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Social Media’s Legal Reckoning Has Begun: ‘We Are in a New World’ | Analysis
Two landmark cases open the door to future claims over social media addiction, experts say, and could spur design changes
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Tech
Available to WrapPRO members
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Jury Orders Meta and YouTube to Pay $6 Million in Landmark Social Media Addiction Trial
The verdict against the tech giants comes one day after a New Mexico jury ordered Meta to pay $375 million in a child safety case
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RIP Sora: An AI Stepchild Neither Disney Nor OpenAI Really Wanted | Analysis
Sora’s short but sordid history as a controversial AI social platform comes to an end as Josh D’Amaro takes over
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Business
Available to WrapPRO members
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Meta Found Liable in New Mexico Social Media Protections Case, Ordered to Pay Up to $375 Million
Meta says it will appeal the ruling, as the company faces another jury test in Los Angeles
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Disney Ends $1 Billion OpenAI Partnership After Sora Shuts Down
The entertainment giant says it will continue to engage with AI platforms to “find new ways to meet fans where they are while responsibly embracing new technologies that respect IP and the rights of creators”
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Epic Games to Lay Off Over 1,000 Employees, Cut $500 Million in Costs as ‘Fortnite’ Faces Engagement Downturn
CEO Tim Sweeney says the move is due to a mix of industry-wide challenges, such as slower growth and weaker spending, as well as struggling to deliver “consistent Fortnite magic with every season”
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Axios CEO Pitches AI ‘Moonshot’ as Company Reshapes Newsroom
The news outlet laid off 11 staffers last week as it moves to automate some tasks
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YouTube Is Making It Easier for Advertisers to Connect to Creators
The AI-powered tool will be directly integrated into the platform’s creator studio, the company announced ahead of its NewFronts presentation
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Tubi Partners With TikTok for Creatorverse Incubator Long-Form Content Development Program
“This partnership allows us to work with successful TikTok creators who are ready to take the next step creatively,” Tubi exec Rich Bloom says
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Democratic Senator Demands Answers on Trump’s $10 Billion TikTok Fee, Fears He Put Investors Before National Security
“The opaque, uncompetitive and ad hoc process surrounding this government-brokered sale, with numerous clear conflicts of interest, has no analogue in modern American history,” Mark Warner writes
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Tim Cook Pushes Back on Criticized Closeness to Trump: ‘I’m Not Political’
“What I do is I interact on policy, not politics,” the Apple CEO adds
