China's streaming platform ByteDance has suspended the launch of its AI-powered video-generation tool Seedance 2.0, following strong resistance from rights holders, according to a report from The Information, citing two people with direct knowledge of the situation. ByteDance dropped the tool less than a month ago and it generated thousands of videos using existing characters from movies and animated films, prompting instant reactions from Hollywood studios and streaming platforms arguing that B...

Fintech platform beatBread has appointed Christine Barnum as Head of Financial Operations, Michael Poole as Chief Financial Officer (CFO) and Jameson Toole as Board Advisor on AI and Machine Learning. Each executive will serve as fractional leaders, bringing "deep expertise across music operations, structured finance, and technology."  beatBread said the appointments underscore the platform’s “commitment to pairing industry credibility with financial and technical rigor as the company continues ...

Financing platform Pipeline Advance Co. has acquired the core assets and intellectual property of valuation company Clarty Partners, bringing Clarty’s proprietary valuation technology, royalty ingestion systems, and analytical infrastructure into Pipeline’s system. The deal, the terms of which were not disclosed, excludes “any proprietary client data or confidential information relating to Clarty’s past projects.” Pipeline said the new acquisition will “significantly enhancing its underwriting a...