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Business

The Weeknd Strikes $1 Billion Catalog Sale With Lyric

The Weeknd has secured a massive venture with Lyric Capital Group based on his music catalog. Unlike typical cash-out sales, this billion-dollar deal redefines what an artist's body of work can achieve as an active business resource in the modern music industry.

David Vendrell

The Weeknd Strikes $1 Billion Catalog Sale With Lyric

SpaceX Files Mobile-Service Trademark

SpaceX has submitted a trademark application to introduce its own mobile service provider. Leveraging its vast Starlink satellite infrastructure, which already delivers internet globally, the company is poised to challenge existing major carriers.

David Vendrell

SpaceX Files Mobile-Service Trademark

401(k)s Are Turning More People Into Millionaires

A record high number of Americans are now millionaires, fueled by their 401(k) savings. This highlights the benefit of long-term investment in the stock market and the immense effect of compound returns, rewarding those who consistently saved over many decades.

David Vendrell

401(k)s Are Turning More People Into Millionaires

Paramount Goes Directly To Shareholders With WBD Bid

Paramount has launched a hostile acquisition bid, offering an immense sum for Warner Bros. Discovery after the company chose Netflix. With significant funding, Paramount is now appealing directly to WBD's board and shareholders, setting up a public battle for control against the favored streaming giant.

David Vendrell

Paramount Goes Directly To Shareholders With WBD Bid

Netflix To Acquire Warner Bros. Discovery For $82.7 Billion

Warner Bros. Discovery accepted a massive acquisition offer from Netflix for its studio and streaming divisions, setting up the most significant Hollywood consolidation ever. With the streaming giant potentially absorbing the legacy studio and the third-largest streamer, the deal faces severe antitrust scrutiny from regulators.

David Vendrell

Netflix To Acquire Warner Bros. Discovery For $82.7 Billion

Amazon Rolls Out Ultrafast Delivery

Amazon is developing an ultrafast delivery service that promises essential goods at your door in under 30 minutes. After multiple pandemic startups failed, Amazon believes its superior infrastructure will succeed where others could not, testing the rapid delivery model globally to secure a massive consumer base.

David Vendrell

Amazon Rolls Out Ultrafast Delivery

Human Made Goes Public On Tokyo Stock Exchange

The Japanese label Human Made has made history by becoming the first streetwear brand to launch an IPO on the Tokyo Stock Exchange. Originating in US skate/hip-hop culture, the style was pioneered in the 90s by brands like Supreme, but Japan now claims the distinction of hosting the first public offering.

David Vendrell

Human Made Goes Public On Tokyo Stock Exchange

Chatbots Turn Into Personal Shoppers

Tech companies and retailers are rolling out AI shopping agents just in time for the holiday season. These assistants are designed to combat "decision fatigue" by knowing the user well enough to filter endless e-commerce options and surface only the few items they truly desire.

David Vendrell

Chatbots Turn Into Personal Shoppers

Apple’s Succession Race Comes Into Focus

As Tim Cook turns 65, speculation mounts about his potential departure as Apple's CEO. Should he retire, the race to succeed him at the world's most iconic company will be an intense internal competition, analyzed with more obsession than an HBO drama.

David Vendrell

Apple’s Succession Race Comes Into Focus

AI Investment Is Propping Up The Economy

The US economy is currently being sustained by the AI gold rush, which accounted for half of all GDP growth. Unprecedented spending in the AI sector is offsetting stagnation, a softening labor market, and high consumer costs. A collapse in AI could likely trigger a recession.

David Vendrell

AI Investment Is Propping Up The Economy

Comcast, Netflix, And Paramount Submit Their Bids For Warner Bros.

Major players like Comcast, Netflix, and Paramount have submitted bids for Warner Bros. Discovery (WBD) in Hollywood's largest M&A battle since the last WBD deal or the Disney-Fox merger. Unlike previous transactions, success in this showdown will likely be determined by streaming scale.

David Vendrell

Comcast, Netflix, And Paramount Submit Their Bids For Warner Bros.

Dubai’s Woohoo Restaurant Is Powered By An LLM

Woohoo, a new sci-fi restaurant in Dubai by Gastronaut Hospitality, opens with an AI chef. This restaurant is part of the growing AI revolution in hospitality, treading the line between novelty and innovation.

David Vendrell

Dubai’s Woohoo Restaurant Is Powered By An LLM

Jeff Bezos Founds AI Startup Project Prometheus

Jeff Bezos launched Project Prometheus, an AI venture focused on enhancing engineering and production processes. The company joins firms like Nvidia in the race to deploy autonomous, AI-driven robots that can construct, explore, and run crucial experiments across diverse sectors.

David Vendrell

Jeff Bezos Founds AI Startup Project Prometheus

Robinhood delivers cash now

Robinhood and GoPuff have teamed up to offer on-demand cash delivery for a fee. Diversifying its services to become a full-suite financial manager, the brokerage firm aims to boost profits and potentially draw away younger clients from traditional, physical banking institutions.

Luke Perrotta

Robinhood delivers cash now

One data center company may pop the AI bubble

CoreWeave powers the massive AI surge by leasing data centers to major players like Microsoft and OpenAI. However, this boom rests on a shaky foundation of vast borrowing. If AI fails to meet its massive expectations, CoreWeave could be the first critical failure to collapse the entire industry.

Luke Perrotta

One data center company may pop the AI bubble

AI Agents Shake Up Ticketing

AI shopping agents are revolutionizing how people secure seats for major concerts and events, addressing the broken ticketing system. While automation promises to eliminate lengthy queues and endless searching, it also poses a risk of creating entirely new, unanticipated problems.

David Vendrell

AI Agents Shake Up Ticketing

ElevenLabs Debuts “Iconic Voice Marketplace”

ElevenLabs has unveiled a celebrity-voice marketplace to enhance its audio licensing business. While visual AI avatars struggle, superior AI audio is proving easier to perfect. This new platform positions rights holders front and center, potentially creating a major new income source for celebrities and their estates.

David Vendrell

ElevenLabs Debuts “Iconic Voice Marketplace”

Streamers Turn Pausing Into Ad Moments

Streaming platforms are transforming pause ads. By making them dynamic, shoppable, and contextually relevant, platforms aim to increase audience engagement, unlock unlimited advertising potential, and create a massive new revenue source.

David Vendrell

Streamers Turn Pausing Into Ad Moments

Netflix Teams With Calm On Marketing For Train Dreams

To promote the film Train Dreams, Netflix and Calm created the first "Sleep Story" for a new movie. This unconventional approach cleverly infiltrates dreams — a space advertisers have long explored — making the film's meditative vibe stick with consumers as they drift off to sleep.

David Vendrell

Netflix Teams With Calm On Marketing For Train Dreams

Amazon Turns Whole Foods Into A Fulfillment Center

Amazon is innovating its grocery presence by utilizing technology to supply food that isn't visible on shelves. By fusing Amazon Fresh and Whole Foods with its robotics and digital commerce operations, the firm aims to showcase a seamless, rapid delivery system in its new pilot store.

David Vendrell

Amazon Turns Whole Foods Into A Fulfillment Center

Hating On AI Becomes A Marketing Trend

A new cultural schism is fueling marketing: a divide between those who embrace AI and those who fear it. Major companies in fashion, food, and consumer goods are making an anti-AI position the core of their advertising, leveraging public skepticism to make their campaigns highly visible.

David Vendrell

Hating On AI Becomes A Marketing Trend

OpenAI Could IPO At A Trillion Dollars

OpenAI is gearing up for a major public offering soon, aiming for a colossal market value. As the AI competition drives tech companies to spend unprecedented sums, the firm is seeking substantial capital to meet its ambitious targets and ultimately achieve profitability.

David Vendrell

OpenAI Could IPO At A Trillion Dollars

The Great AI Layoffs Are Upon Us

Despite sound financials, major corporations are cutting massive numbers of workers. This widespread job loss isn't due to poor performance but the rapid advancement of AI—which has progressed enough in a short time to displace human roles on a large scale.

David Vendrell

The Great AI Layoffs Are Upon Us

1X Technologies Rolls Out Humanoid Robots For Homes

With pre-orders open for Neo, its home-focused humanoid robot, 1X Technologies is targeting the consumer market. While giants like Tesla and Figure focus on industrial automation, 1X aims to introduce a sophisticated, general-purpose robot into daily domestic life.

David Vendrell

1X Technologies Rolls Out Humanoid Robots For Homes

Nike Debuts “Powered Footwear”

Nike unveiled Project Amplify, a robotic running shoe that optimizes performance. Essentially the first mass-market exoskeleton for athletes, this new era of footwear could trigger a cutting-edge sneaker war among major brands.

David Vendrell

Nike Debuts “Powered Footwear”