Tech
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Could AI Kill Off Hollywood’s Talent Pipeline?
Many top-tier directors and producers came into the business by doing the grunt work that AI may soon handle
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AI
Available to WrapPRO members
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Spotify Surges Past 276 Million Paying Customers, Misses on Second Quarter Sales Estimates
The streaming giant’s stock price in early trading took a hit after falling short of Wall Street’s projections
Available to WrapPRO members
Tech
Available to WrapPRO members
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Sony Sues Tencent for Copyright Infringement, Slams ‘Light of Motiram’ as ‘Slavish Clone’ of PlayStation’s ‘Horizon’
The company claims the China-based developer’s adventure video game is positioned to deliberately confuse buyers into thinking the two franchises are related
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TikTok Will ‘Go Dark’ Soon if China Does Not Strike Deal, Commerce Secretary Says
Howard Lutnick says TikTok’s algorithm must be sold for the popular app to remain active past Sept. 17
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Trump Says It Is ‘Not Do-able’ for AI Companies to Pay for All Copyrighted Content Used in Training Models
“You just can’t do it. China’s not doing it,” the president notes
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YouTube Ad Revenue Up 13% Year-Over-Year in 2nd Quarter of 2025, Hitting $9.8 Billion
Net income for Alphabet was also up 19% owing to Google Search, YouTube ads and subscriptions
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WrapPRO
Available to WrapPRO members
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Oracle in Talks With Paramount-Skydance for $100 Million Cloud Deal | Report
The agreement would see the media giant’s assets such as CBS and MTV hosted on the software giant’s servers, according to Bloomberg
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New Congressional Bill Bans AI Companies From Training on Copyrighted Works or Personal Data Without Consent
The legislation was introduced by Sens. Josh Hawley, a Republican, and Richard Blumenthal, a Democrat
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Execs from Nvidia, Adobe, Flawless Join WrapPRO’s ‘AI in Hollywood’ Virtual Roundtable
The conversation, streaming on July 23, will also include screenwriter and producer Van Robichaux
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Tech Earnings Preview: More AI, Fewer Jobs
Tech giants like Meta and Amazon are spending hundreds of billions on AI — but their headcounts have decreased compared to where they were just a few years ago
Available to WrapPRO members
Tech
Available to WrapPRO members
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CEO of Europe’s Largest Publisher Mandates AI Use in Newsrooms: ‘You Only Have to Explain if You Didn’t’
“The first wave of internet is nothing against these developments,” says Mathias Döpfner, head of Politico and Business Insider parent company Axel Springer
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Google to Invest $25 Billion in AI Data Centers in US
Google says it is spending big on AI a day after Meta CEO Mark Zuckerberg says his company will spend hundreds of billions on data centers
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CAA, Comcast Ventures Join $84 Million Funding Round for AI Firm Moonvalley
The fresh capital will help the company accelerate development of Marey, its professional-grade generative videography platform
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White House Mocks Congressman With AI-Altered Photo on Social Media
The White House X account posted a doctored image of Rep. Jimmy Gomez crying about a crackdown on a California pot farm
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X User Threatens to Sue Elon Musk After Grok AI Devises Plan to Rape Him
The AI chatbot suggested users bring “gloves, flashlight and lube” to break into political commentator Will Stancil’s home
