Tech
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Disney to Take $1.5 Billion Stake in ‘Fortnite’ Studio Epic Games, Will Create New Content
The move marks Disney’s most serious investment in gaming to date
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YouTube TV Hits 8 Million Subscribers, CEO Touts Increased Focus on Living Room Viewers
The platform will also prioritize artificial intelligence and continued support for its creators
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Semafor Launches Microsoft-Sponsored AI-Assisted Breaking News Feature
The tech giant is paying an undisclosed but significant sum to the media company as it launches “Signals”
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Snap to Lay Off 10% of Workforce Amid Industry Job Cuts
Cuts at Snapchat’s parent company come after layoffs across at Google, Microsoft and Amazon
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Big Tech Myths And Facts: Vision Pro, Google Culture, Digital Ad Market Edition
Sorting real from rumor as Big Tech jumps to all-time highs, bets on experimental tech, and keeps cutting costs.
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WrapPRO
Available to WrapPRO members
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Taylor Swift and AI ‘Deep Fakes’: The Threat to Artists is Real, What’s the Solution?
George Carlin and President Biden are also hit by AI fakery as it transforms media
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
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At Least 528 News Media Jobs Were Lost in January, Study Finds
The media world in general shed more than 830 jobs in a brutal month for media, tech and finance
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Meta Soundly Tops Q4 Revenues Estimates as Company Doubles-Down on AI Development
The tech company’s net income ballooned 201% to $14 billion from 2022 on strength of advertising gains, restructuring
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News
Available to WrapPRO members
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Mark Zuckerberg Apologizes in Senate Hearing to Families of Victims Harmed Online | Video
The Meta CEO’s move came as he testified after prodding from Republican Josh Hawley
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Amy Klobuchar Rakes Tech CEOs Over Lack of Child Protections: ‘I’m So Tired of This, It’s Been 28 Years’
“For too long we have been seeing the social media companies turn a blind eye,” the senator says
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PayPal Begins Company-Wide Layoff of 2,500 Employees, or 9% of Workforce
The tech company is downsizing under newly appointed CEO Alex Chriss, who joined in September
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I Canceled Amazon Prime And You Probably Can Too
Amazon will ship for free if you don’t have Prime. So, why do 200 million of us need it?
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WrapPRO
Available to WrapPRO members
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Country Star Lainey Wilson to Testify Before House Panel on AI Misuse in Entertainment
A subcommittee led by California Republican Darrell Issa will hold the hearing in Los Angeles next week
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Microsoft to Lay Off 1,900 Activision Blizzard and Xbox Employees 3 Months After Acquisition
Blizzard Entertainment president Mike Ybarra and chief design officer Allen Adham are also leaving the company
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Tim Cook’s Apple Has Been Meta’s Best Friend. Completely By Accident
As Meta takes stock of its revitalized business, it has Apple to thank. Kinda.
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WrapPRO
Available to WrapPRO members