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X Changes Revenue Sharing, Prioritizing Local Engagement

Key Points: X is updating its revenue-sharing rules to favor engagement from a user's home region. The goal is to encourage content relevant to a user's country, neighbors, and language. The change aims to reduce "gaming" the attention of US or Japanese accounts. X will stop sending money overseas for content focused on US politics from non-US accounts. X is changing how it shares revenue...

Meta Boosts Executive Pay with Stock Options to Win AI Race

Key Points: Meta Platforms is increasing compensation for its top executives, including new stock options. This is the first time Meta has offered stock options to its executive team. The move aims to retain talent and boost motivation in the competitive AI landscape. Executives must meet ambitious stock price targets by early 2028 for the options to vest. Meta Platforms is significantly upping the pay...

OpenAI Shuts Down Sora App, Disney Reportedly Pulls $1 Billion Investment

Key Points: OpenAI unexpectedly announced the shutdown of its Sora video generation app. Disney reportedly backed out of a $1 billion deal and investment with OpenAI. Sora faced issues like fizzling user interest and "AI slop" backlash. This move might signal a "mini bubble pop" in the fast-moving AI industry. In a surprising turn of events, OpenAI has suddenly shut down its Sora video generation...