meta
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Eminem Sues Meta for Unauthorized Use of His Music, Damages Could Exceed $1 Million
His Eight Mile Style productions is seeking $150,000 per song per platform for “knowing, rampant” distribution
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LGBTQ Social Media Users’ Safety Is So Bad That GLAAD Changed the Way It Reviews Apps for a ‘More Complete Picture’
All major platforms, which would have earned an F, are now ranked in a numeric system to reflect the removal of online protections
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Disney, Comcast Stocks Rally After US-China Trade Deal
Media and tech stocks are off to a hot start this week following the U.S. and China both reducing their respective tariffs
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Grading Trump’s Economy at 100 Days: Media Business Experts Say the President Is Failing
Markets: The president’s inconsistent tariffs have been “an unmitigated disaster,” one economist tells TheWrap
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Business
Available to WrapPRO members
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Apple’s $95 Billion Sales Quarter Tops Estimates as Tech Giant Warns Tariffs Would Add $900 Million to Costs
The world’s most valuable company reports record revenue of nearly $27 billion for its sector that includes Apple TV+ and Apple Music
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Tech
Available to WrapPRO members
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Mark Zuckerberg: If You Need a Therapist, Try Meta’s AI Bot
The Facebook boss says users are already turning to artificial intelligence for relationship and work advice
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Meta Launches Standalone AI App That Will Learn ‘A Whole Lot About You’ Through Voice Conversations, Meta Glasses
Mark Zuckerberg calls it “the beginning of what’s going to be a long journey” to build a host of new AI-powered devices
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Big Tech’s Bear Market: 3 Things to Watch After $2.7 Trillion in Value Is Erased
Tech giants like Apple and Meta are set to report their first quarter earnings amid slumping stock prices and business uncertainty brought about by President Trump’s tariffs
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Tech
Available to WrapPRO members
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Mark Zuckerberg’s Censorship Rules Were ‘Adjusted Hastily,’ Meta Oversight Board Says
The Oversight Board says Meta should investigate how its new “hateful conduct” policy may adversely impact the rights of LGBTQIA+ people
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Will Google’s ‘Stranglehold’ on Online Ad Tech Spur Its Breakup? | Analysis
Media companies have felt like “sharecroppers on Google’s farm,” but declaring it a monopoly is the easy part – how to divest it is where it gets hard, experts say
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Tech
Available to WrapPRO members
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Zuckerberg Admits Facebook Bought Instagram Because It Had a Better Camera
The Meta chief is being questioned by FTC attorneys for the second straight day in his company’s high-stakes antitrust trial
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Mark Zuckerberg Defends Meta in FTC Monopoly Trial: ‘We Compete Vigorously’ With TikTok, YouTube
The Meta CEO was in a Washington, D.C., court to testify in defense of Meta’s acquisitions of Instagram and WhatsApp
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Stocks Sink After Record Rally as Trump Promises ‘More Great Days Coming’
Warner Bros. Discovery and Roku take big hits a day after posting big gains, with the three major indexes all dropping more than 2.23% in early trading
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2025 Ad-Spend Projection Downgraded as Media Faces ‘Stagnating’ Sales
Traditional media companies like TV and radio channels are expected to see a 1% drop in annual sales to $103 billion, Magna estimates
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Meta Moves to Block Whistleblower From Promoting Memoir Alleging Sexual Harassment
Sarah Wynn-Williams alleges in her book “Careless People” that she was fired after reporting inappropriate behavior by her boss
