ByteDance reportedly pauses global launch of its Seedance 2.0 video generator
The company is reportedly delaying the launch as its engineers and lawyers work to avert further legal issues. Image: Ketut Subiyanto / Pexels Source: TechCrunch
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NBCUni Exec Ben Crompton Named Fremantle’s New Global Head of Entertainment
Crompton, formerly vp of international unscripted programming at NBCUni, previously ran U.S. operations of ‘Dance Monsters’ outfit Lime Pictures. Image: Scott Webb / Pexels Source: Hollywood Reporter
US states sue to stop Trump’s latest global tariffs
Lawsuit is to stop the 10% tariffs that Trump immediately imposed after US Supreme Court struck down previous tariffs. Image: Charles Criscuolo / Pexels Source: Al Jazeera
Goldman Sachs AM Says Non-Payment in Private Credit Remains Low
Goldman Sachs Asset Management LP Global Co-Head of Private Credit James Reynolds said the private credit sector remains resilient, with few borrowers struggling to meet loan payments. Image: Leeloo The First / Pexels Source: Bloomberg
Trump’s New 10% Global Tariffs Take Effect
US President Donald Trump’s new 10% global tariffs have gone into effect, kicking off a White House effort to preserve the president’s trade agenda after the Supreme Court struck down his original sweeping duties. (Source: Bloomberg) Image: Markus Winkler / Unsplash Source: Bloomberg
Trump tariffs live: US Supreme Court rules against sweeping global tariffs
Supreme Court says Trump did not have authority to enact tariffs under law meant for national emergencies. Image: Markus Winkler / Unsplash Source: Al Jazeera
Tech Investor Battery Ventures Raises $3.25 Billion for New Fund
Global investment firm Battery Ventures has raised $3.25 billion to fund new tech deals, including investments in software companies — a bet that the sector won’t be toppled by artificial intelligence-led disruption. Image: Erik Mclean / Pexels Source: Bloomberg
Waymo raises $16B to scale robotaxi fleet internationally
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion. Image: Markus Winkler / Pexels Source: TechCrunch
Bitcoin is under pressure after a brutal week. Here’s why
Cryptocurrency markets fell as global equities and precious metals sold off while bitcoin liquidations exacerbated downside moves. Image: Mariia Shalabaieva / Unsplash Source: CNBC