Character.ai Enters The Microdrama Race With Characters That Talk Back

Character.ai enters microdrama with c.ai Series, letting viewers chat with characters after episodes and testing whether characters can drive engagement.

France orders Meta back to talks with news publishers over content payments
France orders Meta back to talks with news publishers over content payments

Meta has been told to go back and talk to France’s newspapers about money. On Wednesday, the country’s competition regulator ordered the company to reopen negotiations with news publishers over payment for their content, after an earlier round of talks…

Google, Meta, Spotify and Sony fight Belgium’s creator-pay law at the EU court
Google, Meta, Spotify and Sony fight Belgium’s creator-pay law at the EU court

Google, Meta, Spotify and Sony have taken Belgium to Europe’s top court. They say its copyright law forces platforms to pay creators far beyond what the EU intended. Four of the biggest names in tech asked the EU’s Court of Justice on Tuesday to rein i…

Netflix dabbles in shorter video content with its new set of publisher deals with Variety, others

Netflix is bringing 2- to 20-minute videos to its platform through new partnerships with digital publishers, including Rolling Stone and Variety.

Minions & Monsters wins July 4 box office with a franchise-low $64M debut
Minions & Monsters wins July 4 box office with a franchise-low $64M debut

[tldr]Universal’s Minions & Monsters topped the US July 4 box office with roughly $64m over its first five days, the weakest opening in Despicable Me franchise history and far below the $120m-plus debuts of its two predecessors. The soft start rais…

AI video startup Higgsfield is in talks to raise at a $5bn valuation
AI video startup Higgsfield is in talks to raise at a $5bn valuation

Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seeking $300mn to $500mn, The Information first reported. …

Nearly 400 local newspapers sue OpenAI and Microsoft over copyright
Nearly 400 local newspapers sue OpenAI and Microsoft over copyright

A coalition that owns nearly 400 local US newspapers has sued OpenAI and Microsoft. The publishers call AI training on their reporting a death knell for local journalism. It is the largest copyright case the local press has brought yet. Local newspaper…

Walmart buys Vibe.co for $1.4bn to chase Amazon in ads
Walmart buys Vibe.co for $1.4bn to chase Amazon in ads

Walmart is paying a reported $1.4bn for a connected-TV ad startup worth $410m nine months ago. The price tells you how far retailers will now go to catch Amazon in advertising. Walmart has agreed to buy Vibe.co, a connected-TV advertising platform. Two…

Disney is joining the AI-ad arms race, just as audiences turn on ‘slop’
Disney is joining the AI-ad arms race, just as audiences turn on ‘slop’

Disney is about to start making your ads with AI. The company is preparing to launch a beta version of a tool that generates television ads using AI, a Disney executive told staff at an internal meeting, according to a recording obtained by Business In…

General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.
General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.

A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomber…