Tech
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TikTok, Instagram, Facebook and YouTube Are All Starting to Look the Same | PRO Insight
The homogenization of social media will have real consequences, including how the apps make money and compete
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Tech
Available to WrapPRO members
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This Story Was Not Written by a Robot: AI and the Future of News Media
Media outlets from the AP to local news sites are already using AI to cover sports, weather and finance.
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Media
Available to WrapPRO members
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Hollywood Turns the Page on the Metaverse – and Disney Just Got the Memo | Analysis
The entertainment giant shut down its 50-person virtual reality team, but it’s on the trailing end of enthusiasm that’s already fizzled
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Tech
Available to WrapPRO members
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Electronic Arts to Cut 6% of Staff as Video Game Company Drops Multiple Titles Amid Restructuring
CEO Andrew Wilson tells staffers, “We are moving away from projects that do not contribute to our strategy [and] restructuring some of our teams”
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How Hollywood’s Guilds Are Preparing for the Dangers – and Benefits – of AI
“We believe that if done right, AI can expand opportunities rather than take them away,” SAG-AFTRA’s executive director tells TheWrap
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News
Available to WrapPRO members
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Faced With the AI Revolution, the Entertainment Industry Can’t Pull a Napster | PRO Insight
Lawsuits won’t stop change from coming, so it’s better to learn everything we can about new technology
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Tech
Available to WrapPRO members
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Creator of Viral Pope Photo in Puffer Jacket Was Tripping on Mushrooms When Idea for AI Image Came to Him
“I just thought it was funny to see the Pope in a funny jacket,” says Pablo Xavier, who now thinks that AI shouldn’t be used to create images of public figures
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AI and the Rise of the Machines: Is Hollywood About to Be Overrun by Robots?
ChatGPT and the artificial intelligence revolution may — or may not — change everything everywhere all at once about the film and TV industry
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Media
Available to WrapPRO members
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Apple and Amazon Are Betting Big on Movie Theaters – and Netflix Risks Being Left Behind | Analysis
The streamer’s Big Tech rivals are seeing the benefits of wide releases and are increasing their investments in cinematic distribution
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Movies
Available to WrapPRO members
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TikTok’s CEO Isn’t the Boss | PRO Insight
In a hearing before Congress, Shou Zi Chew came off like an underling
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Tech
Available to WrapPRO members
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Apple Joins Tech, Entertainment Rivals Ramping Up Demands for In-Office Work
Twitter, Disney, Warner Bros. Discovery, Amazon and Meta Platforms are among the companies pushing for more bodies at desks
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One of Hollywood’s Top Tech Consultants Calls Out ‘Gendered Feedback’ in the Workplace
Office With a View: Innovation expert Fareeda Ahmed had to get past her own impostor syndrome to emerge as a powerful advisor to studios and other media companies
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Tech
Available to WrapPRO members
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Character.AI Chatbot Startup Draws $1 Billion Valuation After Andreessen Horowitz Funding
The company raised $150 million in a round led by the venture capital firm
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House Committee Rails Against TikTok as CEO Defends App: ‘Algorithm Preys on Vulnerable People’
House Energy and Commerce Committee members grilled Shou Zi Chew, expressing a willingness to ban the app over privacy issues
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Hiring Platform Indeed Lays Off 2,200 Employees Amid Job Postings Drop
CEO Chris Hyams said in a company memo Wednesday that “roughly 15% of our team” will be let go
