Business

ElevenLabs’ $11B valuation is more than twice the size of Suno’s. It just struck a global AI music deal with UMG.

Universal Music Group has signed a multi-year licensing agreement with ElevenLabs.ElevenLabs will launch a new AI-powered music platform for fans under the deal,...

OpenAI paused its $200 ChatGPT sign-ups as ‘unprecedented’ demand for Astra strains its system

When OpenAI launched Astra last week — a model whose advanced abilities prompted OpenAI president Greg Brockman to call it the start of...

Ryanair’s CEO warns cheap European flights may not last if oil stays above $100 a barrel next year

The days of American backpackers jetting across Europe for $20 per ticket on Ryanair could be ending soon—according to Ryanair.  When the war in...

The Weeknd’s After Hours Til Dawn tour grossed $345m across 2026 Europe and UK leg, drawing over 2.3m fans across 11 countries

The Weeknd has wrapped the 2026 Europe and UK leg of his After Hours Til Dawn Stadium Tour, a 42-date sold-out run that...

Scott Bessent: ‘I am the house now.’ Treasury Secretary dares currency markets to move against him

➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in...

Tencent Music prices USD $1B bond offering, with proceeds earmarked for refinancing and buybacks

Tencent Music Entertainment has priced a USD $1 billion bond offering.TME says it intends to use the net proceeds for “general corporate purposes,...

A $500,000 career, gone at 25: esports’ injury crisis is forcing teams to build sports-medicine staffs

He was 25 years old.Video games have a reputation for keeping people glued to the couch. But for those who compete against the...

Meet the Portland Fire owners: How the Bhathals went from swimwear moguls to WNBA franchise buyers

Alex Bhathal and his sister Lisa Bhathal Merage have some rules they follow ahead of each Portland Fire game they attend. For Alex,...

After two failed arrest bids, Korean police say HYBE Chairman Bang Si-hyuk will be referred to prosecutors this week – without detention

Police in South Korea say they will hand the case against HYBE Chairman Bang Si-hyuk to prosecutors this week.The move would close a...
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