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Industry News

Tech

  • Trump Media Loses $238 Million on Only $1.7 Million in Revenue

    By

    A.J. Katz
    August 10, 2026 @ 2:54 PM
    Business
    2:54 PM
    Trump Media Loses $238 Million on Only $1.7 Million in Revenue
  • Meta, TikTok, Google Must Face 3,000+ Addiction Lawsuits

    Appeals court lets thousands of cases over alleged harm to young users move forward

    By

    A.J. Katz
    August 10, 2026 @ 2:22 PM
    Public Policy & Legal
    2:22 PM
    Meta, TikTok, Google Must Face 3,000+ Addiction Lawsuits
  • Mark Zuckerberg Says AI May Shrink Companies — but Won’t Kill Jobs

    The Meta CEO thinks artificial intelligence could generate entirely new professions and businesses faster than automation eliminates existing ones

    By

    A.J. Katz
    August 10, 2026 @ 12:43 PM
    Tech
    12:43 PM
    Mark Zuckerberg Says AI May Shrink Companies — but Won’t Kill Jobs
  • Meta Hit With $567 Million Judgment in New Mexico Child Safety Case

    “Although Meta is not alone in this regard, its social media platforms are a significant contributing factor to the current mental health crisis among New Mexico’s youth,” Judge Bryan Biedscheid writes

    By

    Alyssa Ray
    August 6, 2026 @ 7:37 PM
    Public Policy & Legal
    7:37 PM
    Meta Hit With $567 Million Judgment in New Mexico Child Safety Case
  • TikTok Explains Delay in Removing Perez Hilton’s Self-Harm Livestream

    The celebrity blogger was hospitalized Tuesday evening after several fans alerted authorities to his troubling TikTok live

    By

    Alyssa Ray
    August 5, 2026 @ 7:04 PM
    Tech
    7:04 PM
    TikTok Explains Delay in Removing Perez Hilton’s Self-Harm Livestream
  • Creatorverse: Creators and Platforms Are Grappling With AI Usage in Real Time

    Hank Green’s AI debacle shows how audience acceptance of this tech is fading

    By

    Kayla Cobb
    August 5, 2026 @ 2:00 PM

    Pro Available to WrapPRO members

    Columns
    2:00 PM
    Creatorverse: Creators and Platforms Are Grappling With AI Usage in Real Time

    Pro Available to WrapPRO members

  • Eli Roth Confirms ‘Ice Cream Man’ Contains Generative AI: ‘I Misspoke’

    “AI was used in a very small portion of a few scenes in the film,” the director reveals

    By

    Alex Welch
    August 5, 2026 @ 9:18 AM
    Culture
    9:18 AM
    Eli Roth Confirms ‘Ice Cream Man’ Contains Generative AI: ‘I Misspoke’
  • Electronic Arts Goes Private as $55 Billion Buyout Closes

    The video game publishing giant has ceased trading and will be delisted from the NASDAQ

    By

    Lucas Manfredi
    August 4, 2026 @ 2:54 PM
    Deals & M&A
    2:54 PM
    Electronic Arts Goes Private as $55 Billion Buyout Closes
  • Paramount Shows Streaming Progress as it Tiptoes Around Warner Bros. Merger Lawsuit

    Paramount+ has reached nearly 82 million subscribers as the media giant’s streaming profits climbed 44% to $366 million

    By

    Lucas Manfredi
    August 4, 2026 @ 1:17 PM

    Pro Available to WrapPRO members

    Business
    1:17 PM
    Paramount Shows Streaming Progress as it Tiptoes Around Warner Bros. Merger Lawsuit

    Pro Available to WrapPRO members

  • Paramount-Warner Bros. Merger Antitrust Trial Set for March 2027

    David Ellison will be on the hook for $1.06 billion in ticking fees by the time the 12-day trial starts on March 2

    By

    Lucas Manfredi
    August 4, 2026 @ 12:31 PM
    Deals & M&A
    12:31 PM
    Paramount-Warner Bros. Merger Antitrust Trial Set for March 2027
  • David Ellison Says Paramount-WBD Lawsuit Is About CNN, Shares His Politics

    “I do not aspire to lead these companies to bend their newsrooms to my views,” the executive says in a New York Times op-ed

    By

    Lucas Manfredi
    August 4, 2026 @ 5:43 AM
    Deals & M&A
    5:43 AM
    David Ellison Says Paramount-WBD Lawsuit Is About CNN, Shares His Politics
  • Spotify Shares Sink 5% as Weak Outlook Overshadows Premium Subscriber Milestone

    The music streaming giant reaches a total of 300 million premium subscribers and 777 million monthly active users as of the end of its second quarter

    By

    Lucas Manfredi
    August 4, 2026 @ 4:19 AM

    Pro Available to WrapPRO members

    Business
    4:19 AM
    Spotify Shares Sink 5% as Weak Outlook Overshadows Premium Subscriber Milestone

    Pro Available to WrapPRO members

  • Paramount Seeks November Warner Bros. Merger Trial While State AGs, WGA Ask for April

    The David Ellison-led media giant wants to start as soon as possible, while the states and labor union say they need more time for discovery

    By

    Lucas Manfredi
    July 31, 2026 @ 1:23 PM
    Deals & M&A
    1:23 PM
    Paramount Seeks November Warner Bros. Merger Trial While State AGs, WGA Ask for April
  • Paramount-WBD: Block the Merger Coalition Members Urge UK Culture Secretary to Intervene

    The U.K. Competition and Markets Authority will decide whether to clear the $110 billion deal or launch a more in-depth investigation by Aug. 7

    By

    Lucas Manfredi
    July 31, 2026 @ 8:52 AM
    Deals & M&A
    8:52 AM
    Paramount-WBD: Block the Merger Coalition Members Urge UK Culture Secretary to Intervene
  • Apple Flexes ‘Widow’s Bay’ Emmy Noms as Tim Cook Bids Farewell in Final Earnings Call

    Apple’s services and iPhone sales each saw double-digit growth

    By

    Loree Seitz
    July 30, 2026 @ 1:41 PM

    Pro Available to WrapPRO members

    TV
    1:41 PM
    Apple Flexes ‘Widow’s Bay’ Emmy Noms as Tim Cook Bids Farewell in Final Earnings Call

    Pro Available to WrapPRO members

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