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Claims about GTA 6 pre-orders are incorrect and “absurd”, analyst firm says, but it’s still had the “strongest pre-order campaign ever recorded”
Analyst firm Newzoo has pushed back on viral social media claims that GTA 6 pre-orders have already exceeded $1bn, calling the figure “absurd” and impossible given typical pre-order patterns some 21 weeks before launch. The clarification matters because it corrects an inflated narrative while still confirming that Rockstar’s forthcoming sandbox game is on track to…
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A24 Is Reportedly Copyright-Striking Backrooms Content It Doesn’t Own
A24 has reportedly been issuing copyright strikes against independent artists and developers who have created content inspired by the “Backrooms”, the eerie liminal-space internet phenomenon that the studio adapted into a film. Because the Backrooms originated as collaborative online folklore rather than a piece of owned intellectual property, many affected creators and observers have questioned…
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South East Water warns over survival as funds dry up
South East Water has warned of “material uncertainty” over its ability to continue as a going concern, saying it only has enough funds to operate until July 2027 without securing new loan facilities. The disclosure comes after a torrid year for the lossmaking supplier, which paid millions in fines and saw both its chair and…
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Trump is selling high-speed access to his market-moving Truth Social posts
Trump Media, the company behind Truth Social, is selling Wall Street faster access to the “most market-moving” posts on the US President’s social media platform. On Thursday, Trump Media announced plans to launch “Truth API,” a licensed real time data feed for businesses that provides “the fastest access to Truth Social’s most influential accounts.” It…
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Netflix Stock Price Targets Tumble, But Wall Street Still Believes in Its Story – for Those With Patience
Netflix’s Q2 2026 earnings prompted a wave of Wall Street analysts to cut their price targets on the streaming giant, reflecting growing uncertainty over engagement momentum even as most retained long-term confidence in the company’s outlook. Shares hit new 52-week lows in pre-market trading on Friday, falling to $66.88, as the results reignited debate about…
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‘Asia will become one of the primary drivers of global touring rather than simply a destination on international routes.’
Music Business Worldwide’s “Trailblazers” series profiles Tommy Jinho Yoon, founder and CEO of Korean promoter International Creative Agency (ICA), who argues that Asia is shifting from being a touring destination to becoming a central driver of the global live music business. He points to growing government backing across Southeast Asia, exemplified by Thailand’s leadership publicly…
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Tesla’s selling a $225 balance bike for toddlers
Tesla has launched a $225 balance bike for toddlers, extending its branded merchandise range beyond cars into children’s products. The pedal-free, motorless bike is designed to be pushed along with the feet and is aimed at getting young children familiar with the Tesla brand from an early age, following a similar approach to its earlier…
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FCC took pricey gifts from Paramount as the company needed approval for deals
Federal Communications Commission officials accepted expensive gifts from Paramount, including gala tickets worth thousands of dollars, at a time when the company needed regulatory approval for major corporate deals. ProPublica’s investigation found that Commissioner Olivia Trusty and Chair Brendan Carr attended the Kennedy Center’s honours gala in December, courtesy of Paramount, despite federal ethics rules…
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id Software Defends Studio Despite Unions’ Unfair Labor Complaints Over Xbox Restructuring
Microsoft’s Xbox layoffs have sparked conflicting narratives about their impact. id Software director Hugo Martin has publicly disputed claims that the Doom and Quake creator has been severely damaged by the cuts, reject