Tech
-
Sony Net Income Plunges 29% in Q2 to $1.32 Billion, Fueled by Decline in Entertainment, Financial Services
The tech giant, which reported revenues of $18.7 billion, missed Wall Street forecasts for the first time in four quarters
Available to WrapPRO members
Movies
Available to WrapPRO members
-
‘Legend of Zelda’ Live-Action Movie in Development at Nintendo
“Maze Runner” director Wes Ball is attached
-
How President Biden’s AI Executive Order Impacts Media and Entertainment
Biden’s Order Adds Ammunition for Creators in Their Copyright Fights and for Workers in Their Negotiations
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
OpenAI Offers to Cover Legal Fees for Paid Users’ Copyright Lawsuits
This comes just two months after a number of prominent fiction writers joined a class action lawsuit against the ChatGPT company
-
Elon Musk Launches X’s AI Tool Grok, a ‘Rebellious’ Rival to ChatGPT That Answers ‘Spicy’ Questions
Modeled after geek fiction favorite “The Hitchhiker’s Guide to the Galaxy,” the bot aims to “answer questions with a bit of wit”
-
‘Succession’ Star Sarah Snook Says AI is ‘Terrifying,’ Calls for ‘Pretty Stringent’ Protections
The actress hopes SAG-AFTRA negotiations can “set a precedent” for the entertainment industry and beyond
-
OpenAI Is A Lot More Vulnerable Than You Think
All the press, money, and awards in the world won’t prevent OpenAI from having to face the cold reality of competition.
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Meta Launches Paid Facebook, Instagram Subscriptions in Europe
Aiming to comply with European regulations on data privacy, Meta will also see a new revenue stream from paid users
-
Could This AI Loophole Be the Existential Threat to Filmmaking We’ve All Feared? (Commentary)
Writer-director Daniel Adams can’t help but wonder how profit-seeking studios may side-step new union restrictions
-
X Internally Valued at $19 Billion – Less Than Half of What Elon Musk Paid for It
The valuation comes via a leaked employee equity compensation plan from the social media platform
-
Elon Musk Offers Starlink Satellite Internet to Aid Organizations in Gaza
Reports came Friday of all telecommunications and internet being cut in the region during Israel’s continued airstrikes
-
Mark Zuckerberg Is Coming for Sam Altman and OpenAI
A fierce, underrated, and full-contact battle is brewing between the social networking company and the formidable AI upstart.
Available to WrapPRO members
WrapPRO
Available to WrapPRO members
-
Amazon Triples Net Income With $10 Billion in Q3, Driven by Boosts in Advertising
The superstore/tech giant reported $143 billion in revenue, topping both Wall Street’s estimates and the company’s own projections
-
X Lost 15% of Users in First Year of Elon Musk’s Ownership
The social media platform’s monthly active users plummeted globally year-over-year for September
-
Meta CFO Condemns ‘Horrific Violence in the Middle East’ During Earnings Call
The Facebook and Instagram parent company says ad demand could be softened by the Israel-Hamas conflict
