Tech
-
Disney Shares Rise Over 8% as Josh D’Amaro Touts Disney+ as ‘Digital Centerpiece’ in First Earnings Call
Available to WrapPRO members
Business
Available to WrapPRO members
-
Meta, Mark Zuckerberg Ripped Millions of Copyrighted Works to Train AI, Major Book Publishers Claim in Lawsuit
“If left unchecked, Meta’s conduct threatens the incentives that underpin the creation of original works,” the federal filing reads
-
Substack Faces Exodus Pressure as The Ankler Exit Has Publishers Quietly Seeking Their Own Alternatives
Several major publishers, including the Bulwark, Zeteo and Feed Me, are privately expressing frustration with fees and platform limitations
-
Versant Sells SportsEngine to PlayMetrics
The move comes after the company launched a strategic review of the youth sports technology platform in November
-
$190 Billion Is a ‘Rational Investment’? Why AI Spending Is Skyrocketing | Analysis
While Hollywood frets about spending a few billion dollars on content, Big Tech is dropping jaw-dropping numbers on AI
Available to WrapPRO members
Tech
Available to WrapPRO members
-
Apple Incoming CEO John Ternus Teases ‘Incredible Roadmap’ Ahead of Fall Regime Change
The tech giant beats Wall Street expectations as iPhone sales and services see double-digit growth
Available to WrapPRO members
Business
Available to WrapPRO members
-
Netflix Updates Mobile App With Vertical Video Feed to Watch and Share Clips
The streamer’s new Clips feature will expand to include podcasts, live programming and themed collections at a later date
-
Amazon Braces for AI to ‘Radically Change’ Internal Operations After Laying Off 16,000 Workers
CFO Brian Olsavsky also boasts Prime Video has grown into a “larger and profitable business in its own right”
Available to WrapPRO members
Business
Available to WrapPRO members
-
Meta to Cut 10% of Staff as Company Centers AI Initiatives
The cuts will affect roughly 8,000 workers and will close 6,000 open roles
-
Inside Paramount Skydance’s NYC Upfront: Pluto Refresh, Ellison Promises to ‘Better Serve the Creative Community’ and More
The small gathering of around 100 people included in-person appearances from talent such as Kelly Reilly, Elle Chapman, Cole Hauser, Ronny Chieng, Ms. Pat, Ian Eagle and JJ Watt
-
YouTube Expands AI Likeness Detection Access to Celebs, Talent Agencies
The Alphabet-owned video platform’s tool first launched through a collaboration with CAA clients in December 2024
-
Trump Praises the ‘Almost Incomparable’ Tim Cook as He Steps Down as Apple CEO
“I was very impressed with myself to have the head of Apple calling to ‘kiss my ass,’” the president writes while comparing the exec to the late Steve Jobs
-
‘More Stories, More Inventory’: Inside the Backlash to McClatchy’s AI News Tool | Exclusive
Miami Herald, Sacramento Bee and Kansas City Star unions have filed grievances against the company as TheWrap obtains new details on McClatchy’s “content scaling agent”
Available to WrapPRO members
Journalism
Available to WrapPRO members
-
Tim Cook to Step Down as Apple CEO, Will Become Executive Chairman as John Ternus Takes Over
Ternus, who currently serves as senior vice president of hardware engineering, will take the reins on Sept. 1
-
Doug Liman’s AI Film Hit a Nerve in Hollywood. Does It Deserve the Hate? | Analysis
A knee jerk reaction to fear of AI was triggered, but the reality is more nuanced
Available to WrapPRO members
Movies
Available to WrapPRO members