Tech
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WME Co-Chairs ‘Optimistic’ for Hollywood’s Future Despite AI, Media Consolidation Fears
“We have real confidence in the power of art. There’s real demand for it – that hasn’t changed,” Christian Muirhead says
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How Snapchat Plans to Turn It Around After a Brutal 88% Stock Drop | Analysis
CEO Evan Spiegel is betting on a streamlined app and new hardware to boost Snap’ s battered business
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Business
Available to WrapPRO members
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TikTok Faces Class Action Lawsuit for ‘Repeatedly’ Violating Children’s Online Privacy Laws
It joins a similar suit from the Justice Department over ByteDance collecting personal information on users under 13
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Instagram Adds Privacy Restrictions for Teen Accounts to Give Parents ‘Peace of Mind’
Users under 18 will automatically have private accounts and cannot receive messages from strangers, as part of a new update
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Amazon CEO Ends Remote Work, Tells Staffers to Return to 5 Days In-Office
“We’ve decided that we’re going to return to being in the office the way we were before the onset of COVID,” Andy Jassy says
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Francis Ford Coppola’s Plans for Amazon’s Alexa to Let ‘Megalopolis’ Viewers Question Adam Driver Were Thwarted by Layoffs
The “Star Wars” actor came up with a solution that will play out at select theaters
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Texas Becomes Latest State to Weigh Guardrails for Generative AI
In the absence of federal legislation, state lawmakers have called on the entertainment industry and others to propose solutions
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AI
Available to WrapPRO members
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The Russia-Funded YouTuber Story Will Only Get Bigger | Commentary
YouTube has removed Tenet Media, a political network allegedly funded by Russia. But who’s next?
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YouTube Adds New Tool to Detect AI-Generated Singing Content
The company is also developing technology that will detect and manage AI-generated content using real people’s faces
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Oprah Winfrey Sets Interview With OpenAI CEO Sam Altman for ABC Special on AI’s Impact
“AI and the Future of Us,” premiering Sept. 12, will also feature interviews with Microsoft co-founder Bill Gates and FBI director Christopher Wray
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Apple, Nvidia in Talks to Invest in ChatGPT Creator OpenAI
The investment comes as generative AI features are set to roll out on Macs and iPhones
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Mark Zuckerberg Regrets Allowing White House to Push COVID Censorship in 2021: ‘Government Pressure Was Wrong’
“We’re ready to push back if something like this happens again,” the Meta CEO writes
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Russian Oligarchs’ Investments in Elon Musk’s X Raise Questions About Potential Putin Connections
Venture capital investor 8VC is drawing criticism for ties to Denis Aven and Jack Moszkowicz, the sons of Russian oligarchs
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Google’s $250 Million Deal for California Newsrooms Should Pilot How to ‘Bolster Local Journalism,’ SPJ Says
The Society of Professional Journalists calls on Wednesday’s news to be a “genuine step forward”
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Sean ‘Diddy’ Combs Invested in Elon Musk’s X Before Abuse and Sex Trafficking Allegations, Court Docs Show
It’s unclear how much Combs invested in X since 2022
