Business

Streaming fraud man who pocketed $8m using hundreds of thousands of AI songs streamed billions of times by bots pleads guilty

The man at the center of what’s been described as the first-ever criminal prosecution for AI-assisted streaming fraud in the United States has...

Global recorded music revenues hit $31.7B in 2025, up 6.4% YoY; users of paid music subscriptions reach 837M

Global recorded music revenues reached USD $31.7 billion in 2025. That’s according to the IFPI, the organization that represents the recording industry worldwide.Figures...

Recession odds hit 49% for next 12 months says Moody’s Mark Zandi

With alarming headlines coming out of the Middle East, economists will be wary of sharing forecasts that might unnecessarily spook consumers or investors....

AI was supposed to be the end of consultants. It’s not happening, Capgemini strategy chief says

Hello and welcome to Eye on AI. In this edition…Nvidia sees $1 trillion in AI chip sales by the end of 2027…Meta delays...

Federal judge blocks RFK Jr.’s childhood vaccine cuts, says he likely broke the law

A federal judge in Boston has temporarily blocked federal health officials from cutting the number of vaccines recommended for every child, and says...

Top airline CEOs plead with Congress to restore DHS funding and pay airport workers

The CEOs of the nation’s top airline companies, including American, Delta, Southwest and JetBlue, are imploring Congress to restore funding to the Department...

Burned-out workers are using medical leave as a vacation to escape toxic bosses

If you’re burned out, stuck in a toxic job, and too financially stretched to just quit, TikTok has a suggestion: Take medical leave. Instead...

Trump’s AI czar calls for US to ‘get out’ of war and warns Iran could make Gulf uninhabitable

Venture capitalist David Sacks, who is President Donald Trump’s AI and crypto czar, warned of potentially catastrophic consequences if the U.S.-Israel war on...

Quincy Jones estate sells catalog and ancillary rights to HarbourView

Investment firm HarbourView Equity Partners has acquired “select music and non-music assets” from the Estate of Quincy Jones.HarbourView said that the deal includes...
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