3 – Breaking News & Latest Updates 2026
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Emilia David

Emilia David

Former Reporter

Former Reporter

    More From Emilia David

    Emilia David
    Emilia David
    Meta and Google are also pitching AI to Hollywood.

    Bloomberg reports Meta and Google met with major Hollywood studios to license content for their AI video generation platforms. These meetings come after OpenAI reportedly spoke to several Hollywood studios about using its AI video generation model, Sora.

    Meta has been working on its AI video generation model Emu since last year. Meanwhile, Google unveiled Veo during Google I/O this month.

    Emilia David
    Emilia David
    Crypto firm Genesis Global Capital to pay $2 billion to fraud victims.

    New York Attorney General Leticia James announced the state settled with Genesis, which it sued in October 2023, along with the crypto trading firm Gemini, owned by Cameron and Tyler Winklevoss. Genesis, one of the largest lenders to FTX, filed for bankruptcy in January last year.

    James’ office reached a $1.1 billion settlement with Gemini in February.