Tech
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Amazon to Pay $2.5 Billion to Settle FTC Allegations of Deceptive Prime Enrollment Practices
The tech giant will pay a $1 billion civil penalty and provide $1.5 billion in refunds back to consumers
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Trump Administration Cozies Back Up to Elon Musk With New AI Tech Deal
The xAI government partnership comes after President Donald Trump and Musk sat with each other at Charlie Kirk’s memorial
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Paramount Plans to Reinvent Itself as a ‘Tech-Forward’ Company. Here’s What That Means
David Ellison will blend the “creative heart of Hollywood” and “innovative spirit of Silicon Valley” through an embrace of Oracle cloud services, AI and more
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
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TikTok Will Generate $178 Billion in US Economic Activity After Oracle Deal, White House Says
The algorithm will be “secured, retrained and operated” in the United States outside of ByteDance’s control, Press Secretary Karoline Leavitt adds of the deal, set to be signed this week
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TikTok Deal Will Include Fox Corp Investment With Lachlan and Rupert Murdoch Involved
The group also reportedly includes Oracle technology chief Larry Ellison and Dell Technologies CEO Michael Dell
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Why YouTube’s New AI Tools Are a Game Changer for Creators
The platform is incorporating new technology into the backend for its next era
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
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TikTok in Final Talks to Be Bought by Oracle, Silver Lake and Andreessen Horowitz
Negotiations are becoming more serious as the Sept. 17 deadline approaches
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LimeWire Acquires Fyre Festival, Promises to Bring the Meme ‘Back to Life’
“Now it’s our chance to show what happens when you pair cultural relevance with real execution,” LimeWire COO Marcus Feistl says
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Disney, NBCU, WBD Sue Chinese AI Firm MiniMax for Copyright Infringement
The three studios say the Shanghai-based company engaged in a “willful and brazen” scheme to bootleg their characters
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YouTube Has Paid Creators Over $100 Billion Over the Past 4 Years
The platform unveiled an AI likeness detection tool for all monetized creators at Made on YouTube
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US-China TikTok Deal Framework ‘Agreed Upon’ Ahead of Ban Deadline, Treasury Secretary Says
“A deal was also reached on a ‘certain’ company that young people in our country very much wanted to save,” President Trump teases
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Penske Media Sues Google for AI ‘Overview’ News Story Summaries Without Publishers’ Consent
The owner of Variety, Billboard and Rolling Stone says the practice also reduces traffic to its websites
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Google, Amazon Under FTC Investigation Over Ad Pricing
The companies’ pricing structure for advertisers has come under federal scrutiny for potentially misleading clients
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Meta’s Dane Glasgow Joins Paramount as Chief Product Officer
The executive will oversee product vision and strategy across digital platforms, immersive storytelling, advertising and AI-powered capabilities
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Elon Musk’s SpaceX to Acquire $17 Billion in EchoStar Spectrum Licenses
Musk’s company previously complained that EchoStar’s spectrum licenses were being “chronically underused,” prompting an FCC investigation
