Prime Focus-backed DNEG, through its global AI and content technology division, Brahma, has strengthened its position with the acquisition of Metaphysic, resulting in a post-transaction valuation of $1.43 billion for the combined Brahma-Metaphysic entity.While the exact valuation metrics remain undisclosed, DNEG Global CEO Namit Malhotra stated that the valuation of the combined firm was based on the price at which Abu Dhabi-based United...
The good news for cryptocurrency investors arrived just after 8 a.m. on Friday: Coinbase, the largest crypto marketplace in the United States, had reached a deal with U.S. regulators to dismiss a lawsuit that had hung over the industry for years.But within hours, the crypto market descended into a new crisis. At 10:51 a.m., Bybit, another leading crypto exchange, said it had been...
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Meta and X have categorically failed in a recent test to take down hate-speech ads on their platforms, raising serious questions about the harm they cause ahead of tomorrow's election in Germany.
A corporate accountability group called Ekō submitted ten ads to Meta and X that contained...
