Tech
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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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Google’s AI Summaries Have Chopped Article Clicks Down by Half
Users click on links following an AI summary only 8% of the time, down from 15% of the time when there is no AI recap
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Trump White House Launches AI Website, Shares Plan for ‘Global Dominance’
“Removing red tape and onerous regulation” on AI companies is one way America can stay ahead of China, new AI.Gov site says
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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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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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Musk Debuts New ‘Superhuman’ Grok 4 AI Update, Does Not Mention Antisemitic Meltdown
The launch comes in the wake of Grok spouting antisemitic rhetoric and X CEO Linda Yaccarino’s resignation
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X’s Daily Users Dropped 10% in Linda Yaccarino’s Final Year
Elon Musk’s social media platform has 217 million daily users following a dip between 2024 and ’25, according to Sensor Tower
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Sam Altman Says He’s ‘Politically Homeless’ After Leaving the Democratic Party | Video
After touching down at Sun Valley, the OpenAI boss also shares how he feels about Meta poaching his ChatGPT engineers
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X CEO Linda Yaccarino Resigns After 2 Years Leading Elon Musk’s Platform
Yaccarino says she is “immensely grateful” to Musk for “entrusting me with the responsibility of protecting free speech”
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Elon Musk Blames X’s Antisemitic AI Meltdown on Grok Being ‘Too Eager to Please’
Musk laughed at a post that joked Kanye West was X’s senior AI engineer following Tuesday’s string of antisemitic responses
