Business

Crypto’s big ‘Uptober’ ends with a whimper, Bitcoin down 4%

October is usually a time for Bitcoin to mount big gains, so much so that traders have named the month ‘Uptober.’ This year,...

UMG has struck a new YouTube deal that includes ‘guardrails’ around AI… and 3 other things Sir Lucian Grainge said on UMG’s Q3 earnings...

We’ve already reported on a couple of big deals from Universal Music Group in the past 24 hours.First came the company’s licensing deal...

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

The crypto markets fell slightly on Wednesday after Jerome Powell, chair of the Federal Reserve Board, hinted that an October interest rate cut...

UPS CFO on Amazon pullback and driving a growth strategy

Good morning. UPS continues to lean into a strategy positioning it for long-term growth—one that required shrinking its decades-long partnership with Amazon. The package-delivery...

Meet the billionaires spending over six figures to stop Zohran Mamdani from becoming New York’s next mayor, from Michael Bloomberg to Bill Ackman

Part of Zohran Mamdani’s campaign centers around the belief that billionaires shouldn’t exist. Now, those ultra-wealthy earners are aiming to stop the mayoral...

OpenAI, valued at $500bn, reportedly working on generative AI music tool

OpenAI, the $500 billion-valued company behind ChatGPT and the Sora AI video creation tool, is planning to enter the generative AI music space.That’s...

Global stocks rally on US-China trade optimism

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Global markets have rallied on...

The 25th-anniversary story of Accenture’s name, from the professional namer who led the project

It was Tuesday in August when we heard the news: Following years of public acrimony and litigation, arbiter Guillermo Gamba ruled that our...

From YouTube’s $8bn music industry payout to Spotify’s song mashup patent… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...
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