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A curated list of other prominent stories from this day.
“Abbott Elementary” stars Sheryl Lee Ralph, Janelle James and Luke Tennie discussed the pending Paramount-Warner Bros. merger and the broader decline in Los Angeles production. They warned that industry consolidation has already cost jobs and reduced opportunities.
6:19 PMVariety
NextSlide says its team has joined OpenAI and is now working on ChatGPT.
3:41 PMTechCrunch
A little-known fintech that reached a valuation above $1 billion after partnering with the Trump family’s crypto platform has sold its core business for about $12 million.
7:58 AMBloomberg MarketsSummary
“Abbott Elementary” stars Sheryl Lee Ralph, Janelle James and Luke Tennie discussed the pending Paramount-Warner Bros. merger and the broader decline in Los Angeles production. They warned that industry consolidation has already cost jobs and reduced opportunities.
The merger would add another layer of concentration to an industry already cutting production and
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Further consolidation could reduce both the volume of work and the range of television projects that get made.
Summary
NextSlide says its team has joined OpenAI and is now working on ChatGPT.
OpenAI is bringing presentation-focused talent directly into ChatGPT rather than keeping the capability separate. The
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The acquisition signals that presentation creation is becoming part of ChatGPT's broader productivity strategy.
Summary
A little-known fintech that reached a valuation above $1 billion after partnering with the Trump family’s crypto platform has sold its core business for about $12 million.
The sale marks a sharp reversal from the company’s headline valuation, showing how quickly politically
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The deal exposes the fragility of valuations built on political access and crypto hype rather than proven fundamentals.
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