meta
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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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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 Says AI Will Create, But Never Rate, Community Notes
AI bots “make mistakes” and “hallucinate things,” X’s VP of Product says, so they cannot be allowed to grade fact checks
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Canada Ditches Tech Tax After Trump Threat
Canadian Prime Minister Mark Carney scrapped a digital services tax that aimed to bring in $3 billion from companies like Amazon and Meta after President Trump called it a “blatant attack”
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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