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Spotify partners with record labels to create ‘artist-first’ AI music products

Spotify on Thursday announced a series of deals with major record labels to develop new AI products designed ensure fair compensation and center artists and songwriters in the experience. In partnership with Sony, Universal, Warner, and Merlin, the streamer said it would develop “responsible AI” products that respect copyright, but also allow the artists to … Read more

Private labels and cost discipline in focus as Kroger prepares for Q2 FY25 earnings

The Kroger Co. (NYSE: KR) is poised to publish its second-quarter 2025 earnings this week. The supermarket operator’s sales strategy focuses on attracting price-conscious customers and those who prefer cooking at home. The company’s affordable private-label products help it sustain sales volumes while mitigating the effects of inflation and shifting consumer behavior. Q2 Report on … Read more

NYT reporter defends NYC mayoral hopeful Mamdani against socialist labels

NEWYou can now listen to Fox News articles! New York Times reporter Jeffery C. Mays claimed that the closest New York City Democratic mayoral nominee Zohran Mamdani gets to socialism is his “belief in treating people more equitably” in an article published on Saturday. Mays argued that Mamdani’s opponents have “derogatively” labeled the mayoral hopeful … Read more

Suno snaps up WavTool for its AI music editing tools amid ongoing dispute with music labels

Suno, the AI music company currently in a legal battle with music labels, announced on Thursday the acquisition of WavTool, a browser-based AI digital audio workstation (DAW). This acquisition aims to improve Suno’s editing capabilities for songwriters and producers. WavTool, launched in 2023, offers several tools to musicians, such as stem separation, AI audio generation, … Read more

Michaels is snapping up Joann Fabrics’ intellectual property and fan-favorite labels after the former cult-favorite retail darling’s bankruptcy disaster

Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced on Thursday that it had completed its purchase of Joann’s intellectual property and private label brands — in an acquisition that arrives as the Texas-based arts and crafting chain works to expand its own fabric, sewing … Read more

Trump administration labels Haitian gangs as foreign terrorist organizations

Haiti sees worsening gang violence The UN warns a crisis in Haiti is escalating as gang violence across the country continues to worsen. (Video courtesy of AP, thumb courtesy of Reuters)  The Trump administration on Friday officially designated two of Haiti’s most powerful gang networks, Viv Ansanm and Gran Grif, foreign terrorist organizations (FTOs) and … Read more

Prada made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together

Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment, albeit with diverging fortunes. “The acquisition of Versace marks another step in the evolutionary journey of our Group, adding a new dimension, different and complementary,” Andrea … Read more

FBI identifies North Korea as responsible for $1.5 billion Bybit crypto heist, labels activity “TraderTraitor”

Key Takeaways The FBI has identified North Korea as responsible for the $1.5 billion Bybit crypto heist. TraderTraitor actors are dispersing the stolen digital assets across thousands of blockchain addresses. Share this article The Federal Bureau of Investigation (FBI) announced Wednesday they have found North Korea as the entity they believe was responsible for the … Read more

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