Universal Music Group and Believe settled a $500 million copyright infringement lawsuit alleging industrial-scale distribution of manipulated audio and unauthorized tracks via TuneCore across major streaming platforms.
ElevenLabs, valued at $11 billion after $500M Series C funding, launched ElevenMusic app combining AI music generation with streaming platform features, offering free and Pro subscription tiers.
Neko Health, founded by Spotify co-founder Daniel Ek, plans to open its first U.S. location in New York City this spring, offering full-body health scans for preventive care.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.