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Major European broadcasters and publishers are urging EU regulators to ensure the upcoming Digital Fairness Act (DFA) focuses on dominant tech platforms rather than traditional media companies. Industry groups including ACT — representing firms such as Disney, Warner Bros. Discovery, RTL and ITV — argue broadcasters already face heavy regulation and that applying the same […]
Meta is reportedly preparing to reverse its $2 billion-plus acquisition of AI startup Manus after Chinese regulators blocked the deal on national security grounds. According to reports, Beijing ordered Meta to fully unwind the acquisition, restore Manus’s Chinese assets, and remove any transferred data or technology. Regulators have reportedly set a preliminary deadline of several […]
OpenAI has reportedly fallen short of internal revenue and user growth goals as it prepares for a potential IPO, according to the Wall Street Journal. The report says ChatGPT user growth slowed late last year, missing a target of 1 billion weekly active users, while revenue also underperformed projections amid stronger competition from Anthropic in […]