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Industry News

Tech

  • Cameo Layoffs Leave Video App With Fewer Than 50 Employees

    This move trims the company’s headcount down to nearly 10% of what it was during its 2022 peak

    By

    Robert Carnevale
    July 18, 2023 @ 1:57 PM
    Tech
    1:57 PM
    Cameo Layoffs Leave Video App With Fewer Than 50 Employees
  • Stability AI CEO Says Most Coders in India Will Lose Jobs Within a Year or Two

    Emad Mostaque predicts artificial intelligence signals the end for those in countries without strong labor laws

    By

    Robert Carnevale
    July 18, 2023 @ 9:16 AM
    Tech
    9:16 AM
    Stability AI CEO Says Most Coders in India Will Lose Jobs Within a Year or Two
  • AI Music Isn’t New – Raymond Scott Invented It 60 Years Ago | PRO Insight

    The famed composer and his Electronium give us clues to how to reconcile technological progress and human creativity

    By

    Peter Csathy
    July 18, 2023 @ 6:58 AM

    Pro Available to WrapPRO members

    Tech
    6:58 AM
    AI Music Isn’t New – Raymond Scott Invented It 60 Years Ago | PRO Insight

    Pro Available to WrapPRO members

  • Xbox Rebrands Its Online Multiplayer Subscription Service as ‘Game Pass Core’

    The new offering will grant gamers immediate access to over 25 titles, with updates to that roster two to three times per year

    By

    Robert Carnevale
    July 17, 2023 @ 1:08 PM
    Tech
    1:08 PM
    Xbox Rebrands Its Online Multiplayer Subscription Service as ‘Game Pass Core’
  • Threads Has Been 8 Years in the Making, but App Was Built in Just 6 Months

    Twitter’s troubled state helped push Meta’s competitor along to launch

    By

    Robert Carnevale
    July 14, 2023 @ 2:29 PM
    Tech
    2:29 PM
    Threads Has Been 8 Years in the Making, but App Was Built in Just 6 Months
  • Advertisers to Zuck: Take Our Money, Put Ads on Threads | PRO Insight

    High-performing advertisements on Facebook and Instagram have marketers ready to throw cash at the Twitter clone – how long can Meta wait?

    By

    Alex Kantrowitz and Douglas Gorman
    July 14, 2023 @ 1:59 PM

    Pro Available to WrapPRO members

    Tech
    1:59 PM
    Advertisers to Zuck: Take Our Money, Put Ads on Threads | PRO Insight

    Pro Available to WrapPRO members

  • Sarah Silverman’s OpenAI Lawsuit May Not Be Strong – but the Implications Are Huge | Analysis

    Copyright holders and tech companies would be wise to keep watch, experts say

    By

    Robert Carnevale
    July 14, 2023 @ 1:08 PM

    Pro Available to WrapPRO members

    Tech
    1:08 PM
    Sarah Silverman’s OpenAI Lawsuit May Not Be Strong – but the Implications Are Huge | Analysis

    Pro Available to WrapPRO members

  • Twitter Creator’s $37,000 Payday Punctuates Platform’s Shared Ad-Revenue Payments

    Popular denizens of the social media app appear surprised by the notices they’ll be receiving thousands of dollars

    By

    Robert Carnevale
    July 13, 2023 @ 3:08 PM
    Tech
    3:08 PM
    Twitter Creator’s $37,000 Payday Punctuates Platform’s Shared Ad-Revenue Payments
  • Twitter Slaps Back at Surge of FTC Enforcement, Asks Court to Nix Musk Deposition

    The site filed suit in a California federal court hours before the FTC chair appeared on Capitol Hill

    By

    Eileen AJ Connelly
    July 13, 2023 @ 9:19 AM
    Tech
    9:19 AM
    Twitter Slaps Back at Surge of FTC Enforcement, Asks Court to Nix Musk Deposition
  • WME Signs Seedphrase, DJ and Owner of ‘Rarest CryptoPunk’ NFT (Exclusive)

    The man behind the mask, Daniel Maegaard, hopes to “create deeper connections across multiple industries” with the talent agency’s reach

    By

    Robert Carnevale
    July 13, 2023 @ 9:00 AM
    Tech
    9:00 AM
    WME Signs Seedphrase, DJ and Owner of ‘Rarest CryptoPunk’ NFT (Exclusive)
  • FTC to Investigate ChatGPT Maker OpenAI Over Consumer Harm

    The commission is examining whether the chatbot’s fake news and data collecting practices are negatively impacting the public

    By

    Robert Carnevale
    July 13, 2023 @ 8:54 AM
    Tech
    8:54 AM
    FTC to Investigate ChatGPT Maker OpenAI Over Consumer Harm
  • FTC Appeals Court’s Order to Allow Microsoft Purchase of Activision Blizzard

    A San Francisco Judge turned down the agency’s request for an emergency injunction against the deal on Tuesday

    By

    Ross A. Lincoln
    July 12, 2023 @ 9:00 PM
    Tech
    9:00 PM
    FTC Appeals Court’s Order to Allow Microsoft Purchase of Activision Blizzard
  • Google Accused in Lawsuit of Stealing Americans’ Information to Fuel AI Initiatives

    The company is accused of undertaking “illegal and invasive data scraping practices”

    By

    Robert Carnevale
    July 12, 2023 @ 3:57 PM
    Tech
    3:57 PM
    Google Accused in Lawsuit of Stealing Americans’ Information to Fuel AI Initiatives
  • Universal Music Exec Calls On Senate to Regulate AI: ‘Ensure Creators Are Respected and Protected’

    A Marvel concept artist and illustrator also testified to the Judiciary Committee

    By

    Tina Daunt
    July 12, 2023 @ 3:05 PM
    Tech
    3:05 PM
    Universal Music Exec Calls On Senate to Regulate AI: ‘Ensure Creators Are Respected and Protected’
  • ‘Mortal Kombat 2′ Producer Teases Stan Lee-Style Cameo for Game Series’ Co-Creator

    Todd Garner and Ed Boon hint at the team-up via cryptic tweets

    By

    Robert Carnevale
    July 12, 2023 @ 2:07 PM
    Tech
    2:07 PM
    ‘Mortal Kombat 2′ Producer Teases Stan Lee-Style Cameo for Game Series’ Co-Creator
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