Elon Musk Loses OpenAI Lawsuit as Jury Sides With Sam Altman
Elon Musk lost his high-profile legal battle against Sam Altman and OpenAI after a jury rejected claims that the company abandoned its nonprofit mission, ending a three-week trial centered on OpenAIโs restructuring and rapid growth. The court also dismissed Muskโs case against Microsoft. While Muskโs team plans to appeal, the ruling marks a major win for Altman as OpenAI pushes deeper into the AI race. It also comes just days before SpaceX is expected to unveil IPO plans.
A24 Lands ‘Club Kid’ in Heated Cannes Rights Battle
A24 won a heated Cannes bidding war for Club Kid, the breakout comedy from writer-director-star Jordan Firstman. The film, which premiered in the Un Certain Regard section to strong reviews, reportedly landed an eight-figure global rights deal after attracting interest from Netflix, Searchlight, Focus Features, and Mubi. Set in New Yorkโs club scene, Club Kid follows a burned-out party promoter whose life changes when the son he never knew arrives at his doorstep. Cara Delevingne and Diego Calva co-star.
Tracee Ellis Ross Set for Broadway Debut This Summer
Tracee Ellis Ross will make her Broadway debut in Every Brilliant Thing, taking over the one-person role this summer at New Yorkโs Hudson Theatre. She begins July 7 for a run through Aug. 9, following previous leads Daniel Radcliffe and Mariska Hargitay as the production continues its extended Broadway run. The play features audience participation and has earned critical acclaim and award recognition.
John and Patrick McEnroe to Front New Roland-Garros Show on TNT Sports
TNT Sports will expand its Roland-Garros coverage this year with The Mac Zone, a two-hour whip-around show hosted by brothers John and Patrick McEnroe. The first hour will stream live on YouTube, with the full program airing on truTV during the French Openโs opening six days. The move reflects a broader push to blend traditional broadcast with digital platforms, as broadcasters look to reach younger audiences and expand engagement.
X Launches AI Tool Creator Connect to Match Brands With Creators
X is launching Creator Connect, an AI-powered ad product designed to match brands with relevant creators and boost ad spending and creator earnings. Built with xAI technology, the system analyzes campaign goals, trends, and audience data to surface both major and niche creators for partnerships. X says the tool will help brands reach highly specific audiences, including rising creators often overlooked in traditional deals.
‘Michael’ Rakes In $700M Globally, ‘Obsession’ Debuts Strong at Box Office
Michael reclaimed the No. 1 spot at the domestic box office in its fourth weekend, earning $26 million and bringing its global total to over $700 million, cementing its status as one of the biggest musical biopics ever. Meanwhile, Focus Featuresโ horror film Obsession debuted strongly with $16 million and critical acclaim, while overall box office ticket sales remain ahead of last yearโs pace.
Shakira Acquitted of Tax Fraud, Wins $65M Reimbursement in Spain
Spainโs high court has acquitted Shakira of tax fraud, ordering the countryโs treasury to reimburse nearly $65 million after ruling she was not a tax resident in 2011. โAfter more than eight years of enduring brutal public targeting, orchestrated campaigns to destroy my reputation, and sleepless nights that ultimately impacted my health and my familyโs well-being, the National High Court has finally set the record straight,” Shakira said. Spainโs tax agency plans to appeal the decision.
NextEra, Dominion Combine in Massive $67B Energy Deal
NextEra Energy will acquire Dominion Energy in an all-stock deal valued at nearly $67 billion, creating the worldโs largest regulated electric utility. The combined company will play a central role in powering rapidly growing AI data center demand, particularly in northern Virginia, the largest U.S. data center hub. The deal strengthens NextEra’s position in renewables, natural gas, and nuclear energy, while expanding scale in grid infrastructure and high-demand computing power.
Swatch-Audemars Piguet Release Triggers Resale Boom, Store Chaos
Swatchโs collaboration with Audemars Piguet has sparked a resale frenzy, with limited โRoyal Popโ pocket watches flipping for as much as $5,821, about 13 times the retail price. The May 16 launch drew massive global demand, triggering long queues, store disruptions, and safety-related closures in some locations. While Swatch called demand โphenomenal,โ critics questioned the rollout strategy as resellers quickly dominated early purchases.
Shein Buys Everlane in $100M Takeover
Shein has agreed to acquire U.S. direct-to-consumer brand Everlane in a deal worth about $100 million, according to Puck. The acquisition comes as Everlane faced mounting financial strain, including roughly $90 million in liabilities, with shareholders expected to receive no payout. The move is a notable shift for Everlane, a brand built on โradical transparencyโ and sustainability, now being absorbed by one of the worldโs largest fast-fashion platforms.
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