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  • The Morning After: The next CEO of Apple will be hardware exec John Ternus

    Apple’s current SVP of hardware engineering John Ternus will take over as the new CEO when Tim Cook steps down this September. Cook said in a statement: “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company.”

    Following the death of co-founder Steve Jobs, Cook led the charge for Apple’s post-iPhone and iPad era, launching the AirPods, Apple Watch and Vision Pro. He also turned the company into a service provider with the launch of Apple TV, Apple Music and several other subscription services. Cook will transition to a new role as executive chairman of Apple’s Board of Directors.

    Ternus joined Apple in 2001 and became VP of hardware engineering in 2013, later transitioning to a senior executive role in 2021. You might have spotted Ternus being prominently featured at the MacBook Neo launch a few months ago. Expect to see a lot more of him.

    — Mat Smith

    The other big stories this morning


    Who else has seen an Earthset? Apollo 17.

    TMA

    NASA

    We’ve seen a few beautiful moments from the Artemis II crew’s history-making trip around the Moon. Now, Reid Wiseman, the mission’s commander, has something to share. While mission specialist Christina Koch was using a Nikon camera to snap stunning still images of the Earthset, Wiseman used an iPhone 17 Pro Max to film the moment. “I could barely see the Moon through the docking hatch window, but the iPhone was the perfect size to catch the view.”

    This was the first time that human eyes had witnessed an Earthset in 54 years, since the Apollo 17 mission.

    Continue reading.

    And far less embarrassing results.

    This year’s edition of the robot half-marathon hosted more than 100 competitors, with first place going to Honor and its red-clad robot named Lightning. Last year’s event featured many bipedal robots receiving assistance from human operators who ran alongside them, along with some comical mishaps. According to the BBC, around 40 percent of the robots competed autonomously this year, while the rest were remote-controlled.

    Continue reading.

    Almost the perfect floor cleaner for tiny apartments.

    TMA

    Engadget

    The PencilVac is light, mobile and easy to use, making it great for smaller living spaces and quick clean-ups. However, it struggles with thicker carpet and rugs. It could be perfect for a future-forward witch costume next Halloween, though.

    Continue reading.

  • An Altcoin CEO Invited to Trump’s Private Event! Here Are the Dates and Details

    An Altcoin CEO Invited to Trump’s Private Event! Here Are the Dates and Details

    As you know, US President Donald Trump will once again meet with investors of his memecoin, Official Trump ($TRUMP), which shares his name.

    According to previously released details, a total of 297 high-profile $TRUMP token holders were invited to the event. Of these, 29 were also invited to a private VIP reception.

    Related News US President Donald Trump to Host Another Dinner for Trump’s Enthusiasts! Date Announced! But How Many People Will Be Invited?

    In addition, the event to be held at Mar-a-Lago will bring together twenty distinguished speakers from the fields of finance, technology and politics.

    The speakers include figures from the cryptocurrency sector, and it has been reported that one of them will be the CEO of Story Protocol.

    Accordingly, Jason (Seung-yoon) Lee, CEO of the blockchain-based intellectual property protocol Story (IP) Protocol, has been invited to speak at an event to be held at Mar-a-Lago in Florida on April 25th. Lee will be speaking at an event organized for the largest holders of the Trump memecoin.

    It is noteworthy that this event is taking place during a period of increased political cryptocurrency activity ahead of the 2026 midterm elections.

    *This is not investment advice.

  • Bitcoin trades above a make-or-break level ahead of Warsh hearing

    Bitcoin trades above a make-or-break level ahead of Warsh hearing

    Bitcoin is trading with a positive bias above the $75,000 level, which CoinDesk recently highlighted as a critical threshold for bulls to maintain control.

    Still, some observers are urging caution, noting that prices need to hold above that level through Wednesday, when the U.S.–Iran ceasefire is set to end.

    “The ceasefire is set to expire Wednesday evening Washington time, and the market has to price two paths, extension and de-escalation versus renewed escalation and oil stress. That is why even with $BTC strong, the tape can still gap fast. It is headline risk with a timer,” analysts at Marex said in an email to CoinDesk.

    An escalation could take oil prices well above the March high of $119, potentially sending Asian and global equity markets into a tailspin. The question remains whether bitcoin, which held relatively steady around $70,000 during the March conflict, will remain resilient or come under pressure along with the broader market.

    As of the time of writing, no delegation from Iran had departed for the talks in Pakistan. On Monday, President Donald Trump warned of a major escalation in the conflict if the ceasefire ends without a deal.

    Also on analysts’ radar is Kevin Warsh’s nomination hearing for Federal Reserve chair, scheduled for Tuesday. Warsh has a reputation as an “inflation hawk” who opposed interest-rate cuts and quantitative easing following the 2008 crash.

    So what he says during the session could move markets. “His remarks could act as a near-term catalyst, particularly if they reinforce expectations of policy easing,” digital assets trading firm QCP Capital said in a note.

    Speaking of the broader market, major cryptocurrencies such as ether ($ETH), solana (SOL), and $XRP ($XRP) have risen by less than 2% over the past 24 hours, underperforming bitcoin. Smaller tokens such as XLM and TON have risen by more than 5% each. The CoinDesk Memecoin Index is up over 3%.

    Notably, the DeFi Select Index added 2%, which is surprising given the industry-wide fallout from the weekend hack of KelpDAO. That saw the attacker drain rsETH, a liquid restaking token widely used as collateral on several DeFi platforms.

    Decentralized lender Aave has taken the biggest hit, with the total value of crypto assets locked on its platform falling to $16 billion, down nearly $10 billion since before the hack.

    Aave’s native token, AAVE, has declined 18% to $93 since the hack. At the same time, open interest in futures tied to the token hit a record high of 3.59 million tokens. Increased demand for leveraged bets points to potential for more volatility ahead. Stay alert!

    Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”

    What’s trending

    • Strategy overtakes BlackRock IBIT in bitcoin holdings after bear market buying (CoinDesk): Strategy (MSTR) now holds more bitcoin than BlackRock’s iShares Bitcoin Trust (IBIT). The world’s largest publicly traded $BTC holder has 815,061 $BTC while IBIT holds 802,824 $BTC.
    • Ripple wants the $XRP Ledger to be quantum-proof by 2028. Here is its plan. (CoinDesk): Fintech company Ripple released a detailed four-phase roadmap to make the $XRP Ledger, a decentralized, layer-1 blockchain, quantum-resistant, aiming to reach full readiness by 2028.
    • Oil prices recede and stocks gain as investors eye peace talks (The New York Times): Brent crude was about $95 a barrel, down about 1%. West Texas Intermediate crude was around $87 a barrel. Investors and analysts focus on the disruption to shipping in the Strait of Hormuz.
    • Bitcoin is less volatile than South Korea’s stock market right now (CoinDesk): Bitcoin’s 30-day realized volatility, currently 42%, has remained below 50% this month. South Korea’s benchmark Kospi stock index hit 74% last week and is still around 51%.

    Today’s signal

    The chart shows $XRP‘s daily price swings in candlestick format. The white line represents the average price over 100 days and the yellow line represents the prolonged bear market.

    $XRP remains below both the average and the trendline even as market leaders bitcoin and ether ($ETH) have topped these levels on their respective price charts.

    Until the price reclaims both the 100-day average and the downtrend line, momentum remains comparatively weak versus $BTC and $ETH, which have already established firmer bullish structures.

  • Prediction Markets Expect Prolonged Strait of Hormuz Disruption—And Oil Traders Are Betting Big

    Prediction Markets Expect Prolonged Strait of Hormuz Disruption—And Oil Traders Are Betting Big

    In brief

    • Prediction markets show low confidence in a near-term recovery in the oil markets.
    • Despite a ceasefire, shipping disruptions persist in the Strait of Hormuz due to security risks.
    • Traders are increasingly betting on prolonged instability, with markets pricing higher oil prices and only gradual normalization into late May or June.

    The world’s most important oil chokepoint has been effectively shut (with some hiccups here and there) since late February, and traders aren’t expecting it to return to normal anytime soon.

    Traders on the prediction market Polymarket place odds at just 28% that shipping traffic returns to normal to the Strait of Hormuz by April 30—even after Iran and the U.S. declared a ceasefire, and Tehran claimed to reopen the waterway.

    The reason: Ships are still turning back. Video from vessel-tracking firm Kpler shows tankers attempting to exit the strait and reversing course, while the world’s largest shipping association, BIMCO, has advised vessels to avoid the area entirely, citing an uncleared mine threat. The strait is “not declared safe for transit at this point,” BIMCO’s chief security officer told CNBC late last week.

    On paper, the 2026 Strait of Hormuz crisis began on February 28, when the U.S. and Israel launched Operation Epic Fury—coordinated airstrikes targeting Iranian military and nuclear facilities.

    Iran’s IRGC responded by declaring the strait closed to vessels traveling to and from ports of the U.S., Israel, and their allies. Tanker traffic collapsed by more than 90%. Brent crude shot above $100 a barrel for the first time in four years, peaking near $126—the fastest oil price spike associated with any conflict in modern history.

    The ceasefire announced April 8 brought a brief burst of optimism. Brent dropped roughly 12% in a single trading session. But the physical reality on the water didn’t follow the diplomatic headline.

    Iran imposed crypto tolls of about $1 per barrel on passing tankers, with the IRGC reportedly collecting up to $2 million per vessel in Bitcoin, Chinese yuan, and USDT. Then on April 18, Tehran reversed course again, reimposing restrictions and citing a U.S. port blockade. Traffic remains below 5% of pre-war volumes.

    That’s the backdrop for a cluster of prediction market bets that are telling a consistent story: disruption is far from over.

    On Myriad—the prediction platform launched by Decrypt‘s parent company Dastan—the crude oil direction market is pricing a 63.2% chance that Brent pumps to $120, versus 36.8% for a dump to $55.

    It’s worth noting that the odds of Brent oil spiking on Myriad have never been below 50%. There was a brief period of optimism back on April 17 when the odds reached 50.9%, but the panic won out again (as it usually does during a war) and predictors increased their bets on oil going to new highs.

    A separate Myriad market asks whether the average number of ships transiting Hormuz will get back above 15 before May: The odds lean 61.8% “Yes,” but the chart tells a more complicated story—the probability swung wildly from near 90% down to under 40% across a single week in early April before stabilizing.

    Meanwhile, a third Myriad market suggests there is 70.5% chance that President Donald Trump announces the end of military operations against Iran before June. This is not what Trump seems to have in mind, as he just told reporters he “will not be rushed” to end the war—though June is still far enough away that it provides the market some wiggle room.

    Taken together, the markets are sketching a scenario where some normalization comes—but slowly, and not cleanly. On Polymarket, the odds for Hormuz traffic to return to normal by May 31 sit at 61%. Those odds increase to around 70% when the date is moved further to June 30.

    In other words, traders think the reopening of the Strait of Hormuz happens eventually, just not this month, and probably not without more drama along the way.

    The BIMCO warning remains in effect. IMF Portwatch—the resolution source for the Polymarket market—requires a 7-day moving average of at least 60 vessel arrivals for the market to resolve to “Yes.” Current data is nowhere near that threshold, the first date marker, April 30, is just 10 days away.

    The economic stakes are real. Dallas Fed research published in March estimates that a full-quarter Hormuz closure could knock 2.9 percentage points off annualized global GDP growth in Q2 2026 alone. The Strait moves roughly 20% of global oil and a comparable share of liquefied natural gas, with no meaningful alternative route for most of that volume.

    Crypto traders have been navigating the chaos with particular creativity. As Decrypt reported in March, oil-linked perpetual futures on the DeFi platform Hyperliquid processed roughly $991 million in 24-hour volume during peak Hormuz tension—compared to about $75,000 on Coinbase over the same period. Always-on crypto markets have become a real-time pressure gauge for a crisis that doesn’t care about trading hours.

    The prediction market angle itself has drawn scrutiny. Senator Chris Murphy raised alarms in early March after blockchain analytics firm Bubblemaps identified six suspected insider accounts that collectively made $1.2 million betting on U.S. strikes on Iran—with wallets funded and positions opened in the hours before explosions in Tehran.

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  • ‘Secret Agent’ Momentum and Desire to Co-Produce With Africa: 5 Takeaways From the Projeto Paradiso Talent Network National Meeting

    ‘Secret Agent’ Momentum and Desire to Co-Produce With Africa: 5 Takeaways From the Projeto Paradiso Talent Network National Meeting

    One very rarely gets the chance to be in a room with almost two hundred filmmakers from one single country, gathered not to pitch against one another for scarce grants, but to discuss ways of collaborating and understand where their national cinema is headed. This is precisely the offer on the table with the Projeto Paradiso National Talent gathering, which just wrapped a successful third edition, held in the burgeoning film capital of Recife. 

    The biannual gathering celebrates the work of the renowned philanthropic initiative, led by the Olga Rabinovich Institute and supporting the Brazilian film sector through talent development, bursary programs, seminars and mentorship. This year’s meeting took place over April 16-18 and saw curated networking sessions, roundtables, and in-conversation events with Kleber Mendonça Filho, producer Emilie Lesclaux and British-Nigerian filmmaker Akinola Davies Jr. Attendees included Anita Rocha da Silveira (“Medusa”), Nara Normande (“Heartless”), Grace Passô (“Our Secret”), Vitrine Filmes’s Letícia Friedriech and Amazon Studios’ Jaqueline Souza, plus lauded Projeto Paradiso council members Marcelo Gomes (“Dolores”) and Gullane director Debora Ivanov. 

    Variety was present at the event and spoke with several attendees to take the temperature of the national industry following two banner years of international success with the country’s first-ever Oscar for Walter Salles’s “I’m Still Here” and four Oscar nominations for Recife’s very own Mendonça Filho’s “The Secret Agent.” From a strong Northeast momentum to a meagre Cannes presence in 2026, read our five takeaways below: 

    “The Secret Agent,” courtesy of Neon

    Courtesy of Neon

    The Northeast is the moment 

    Despite the Northeast of Brazil having a strong cinema tradition, with exponents from Glauber Rocha to Marcelo Gomes and Guel Arraes, for decades, much of the money-churning industry was concentrated in the Southeast — specifically Rio de Janeiro and São Paulo. Filmmakers from other corners of the country have long voiced frustrations with a lack of access to resources and a certain feeling of segregation regarding available networking initiatives and opportunities. 

    The last three years, however, have further solidified the Northeast as a prime talent exporter and a rich creative hub. While renowned regional filmmakers such as Gabriel Mascaro (“The Blue Trail”), Kleber Mendonça Filho (“The Secret Agent”), and Karim Aïnouz (“Motel Destino”) continued their well-established trajectories with successful titles at major festivals, a burgeoning new generation of filmmakers signalled a much-needed sense of continuation and renewal in the region. Names like Allan Deberton, Rafhael Barbosa, Tiago Melo and Nara Normande have launched festival darlings and have exciting new projects in the pipeline. 

    During the Projeto Paradiso National Talent Meeting, many young filmmakers have voiced their desires to bring untold stories to the big screen and continue to expand a plural idea of Brazilianness through cinema internationally. With more and more film commissions popping up in the Northeast and renewed regional incentives as well as savvy producers with a wealth of co-producing experience, we are about to see many more interesting films coming out of the region. 

    Cannes disappointment = new European opportunities 

    Last year, Kleber Mendonça Filho brought the frevo from Recife to the Cannes Film Festival red carpet for the world premiere of his competition title “The Secret Agent.” Brazil was also the country of honor at the Marché du Film and brought a record-breaking number of industry attendees to the Croisette. With no Brazilian films announced at the festival this year, the feeling of surprise and disappointment was palpable at the gathering whenever the French fete popped up in conversation. So far, Brazil is only present through co-productions (“Elephants in the Fog” in Un Certain Regard, “Six Months in the Pink Building” in Critics’ Week and “La Perra” in Directors’ Fortnight) with no Brazilian directors scheduled to appear at the event in the official selection or sidebars. 

    While the lack of Brazilian titles at Cannes bringing a bitter taste to the start of summer festival season, many producers and directors have emphasized a desire to look beyond the big European triad of Berlin, Cannes and Venice as launching pads. Rotterdam, which has a historic connection to Brazilian cinema, is a long-time darling and favorite, but more and more local talent is shifting their attention to festivals like San Sebastián, Karlovy Vary and Locarno as top choices to launch their films. 

    Courtesy of Juana Carvalho

    Looking beyond Europe 

    Europe still remains the goal for many Brazilian filmmakers when it comes to first sharing their films with audiences, but, more and more, producers are looking outside of Europe and the U.S. when setting up co-productions. Several producers attending the Projeto Paradiso gathering have shown a keen interest in better understanding financing systems in neighboring South American countries, with Chile in particular seen as a strong partner. 

    British-Nigerian Akinola Davies Jr., who attended the gathering for a lengthy in-conversation event and a screening of “My Father’s Shadow” at the imposing Cinema São Luiz, opened a local appetite for collaborations with African countries. Black Brazilian filmmakers spoke at length about the opportunities that lie in working within the diaspora, and how African countries offer not only similar cultures but also a felt kinship when it comes to understanding the post-colonial wounds permeating Brazilian society. Currently, there are very few co-productions set up between Brazil and the African continent, so there are still some logistical and bureaucratic hurdles on the way to making it a more common collaboration, but the desire is very much there in the South American country. 

    Collaboration over competition 

    Towards the end of the weekend, many attendees could be heard saying, “I wish we worked like this in São Paulo/Rio de Janeiro.” This sentiment often punctuated conversations with filmmakers from the Northeast, who have built a thriving industry based on collaboration over competition. While, of course, there is still high competition in the region, makers had to band together in the mid-2000s to figure out how to sustain an industry before incentives, and then again a few years later, once public funds became available and people needed to help one another to understand how to best access what was on the table.  

    Projeto Paradiso has also adopted a similar ethos, structuring their talent network meeting around collaboration and knowledge sharing instead of creating a more traditional market event structured around competitive sections. “We want everyone to feel good,” Projeto Paradiso program director Rachel do Valle told Variety. “What other markets would call a pitching session, we call a connection session. It’s a space for talking, but also for listening. We want it to be enjoyable and fun.”

    Courtesy of Juana Carvalho

    Consistent public funds: key to the future  

    You can’t attend an industry event in Brazil without clusters gathering to talk about the country’s public policies and incentives. While filmmakers acknowledge the historic momentum of their national cinema on the international stage, many have voiced concern that the sense of victory might obscure the very real issues still permeating the industry. Key issues include the long-awaited regulation of streaming services, the need for a centralized national film commission, and, perhaps most pressingly, better-structured funding calendars. 

    “10 years ago, the Ministry of Culture had specific open calls for debut filmmakers with a regional focus; we no longer have that,” said veteran producer João Vieira Jr. of Carnaval Filmes. “We need to have differentiated open calls: for first or second-time directors, established production companies, rural production companies… It is not a privilege, it is an intelligent way of managing public policies that ensures sustainability.” 

    Producer Thais Vidal echoed that thought: “We have a consolidated state fund in Pernambuco, qualified crews and the structure to produce and post-produce in Recife, but we face the same issue that plagues the rest of the country, which is the lack of a fixed national financing calendar. This is needed so we can effectively plan ahead.” 

  • Crypto scammers offer ‘safe passage’ through Hormuz. At least one ship may have been conned.

    Crypto scammers offer ‘safe passage’ through Hormuz. At least one ship may have been conned.

    Shipowners are receiving fraudulent messages asking for crypto payments in exchange for safe passage across the Strait of Hormuz, and at least one may have been taken in, Reuters reported Tuesday.

    Marisks, a Greek maritime risk services company, issued a warning saying several shipping companies had received messages from scammers posing as Iranian authorities and asking for bitcoin or $USDT. The firm said it believed at least one ship fell victim to the scam and was fired upon while trying to pass through the strait over the weekend, Reuters said.

    Shipping traffic through the strait has largely been blocked by Iran since Feb. 28, when the U.S. and Israel initiated a war on the Middle East country. According to Reuters, there are roughly 20,000 oil tankers and other freighters stranded in the Gulf.

    A week ago, U.S. President Donald Trump ordered a naval blockade of the Strait of Hormuz and has since seized one Iranian vessel trying to evade the operation.

    On April 9, Tehran, ⁠which controls the chokepoint, proposed crypto tolls on vessels in exchange for safe transit. Hamid Hosseini, spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, said the crypto fees would likely be charged in bitcoin.

    Marisks issued its alert on Monday. Iran has not made any comment, Reuters added.

    “These specific messages are a scam,” Marisks said, assuring the messages did not come from official Iranian sources.

    “After providing the documents and assessing your eligibility by the Iranian Security Services, we will be able to determine the fee to be ⁠paid in ​cryptocurrency (BTC or $USDT). Only then will your ​vessel be able to transit the strait unimpeded at the pre-agreed time,” said the fraudulent message cited ​by Marisks, according to Reuters.

    The shipping company did not immediately respond to a CoinDesk request for comment.

  • US senator urges delay of CLARITY Act Senate markup until May: Report

    US senator urges delay of CLARITY Act Senate markup until May: Report

    A US senator has reportedly urged Senate Banking Chair Tim Scott to delay the markup for the crypto market structure bill until May, as banking and crypto representatives need more time to resolve disagreements over stablecoin yield provisions.

    US Republican Thom Tillis of North Carolina told reporters Monday that he does not expect the Senate Banking Committee to mark up the legislation, also known as the CLARITY Act, in April and has recommended that Scott schedule it for next month, according to Punchbowl News.

    Tillis, who has been leading discussions between crypto and banking members, reportedly told Scott: “It’s very important to me not to accelerate things, to hear everybody, and give them a rational basis for what we do accept.”

    Continued delays have sparked concern that the CLARITY Act may not pass before the US midterms in November, an event that US Treasury Secretary Scott Bessent said could reverse momentum of the bill.

    Source: Brendan Pedersen

    “I think if the Democrats were to take the House, which is far from my best case, then the prospects of getting a deal done will just fall apart,” Bessent said in March.

    CLARITY Act cannot wait any longer, crypto group says

    It comes the same day crypto advocacy group The Digital Chamber sent a letter to the Senate Banking Committee asking it to move the crypto market structure legislation forward to a Senate markup “as soon as the calendar allows.”

    Related: Bessent ramps up pressure on Congress to pass CLARITY Act

    The banking industry has raised concerns that allowing stablecoin yield could trigger significant deposit outflows from the traditional banking system, particularly at community banks.

    It argues that those banks may not have enough balance-sheet flexibility to absorb such outflows without relying on higher-cost wholesale funding.

    Meanwhile, Coinbase CEO Brian Armstrong and others have pushed for more favorable stablecoin provisions.

    Last month, members of the banking and crypto industries were reportedly close to agreeing on enabling stablecoin rewards tied to crypto activity on third-party crypto platforms, but not for passive balances.

    The Digital Chamber noted that it has now been more than 270 days since the House passed the CLARITY Act with bipartisan support.

    “Clarity cannot wait,” The Digital Chamber’s government affairs director, Taylor Bar,r said, adding: “More than 70 million Americans who have embraced digital assets deserve the regulatory clarity they have waited far too long for.”

    Source: The Digital Chamber

    Other members of the crypto industry have argued that moving the bill forward is more important than holding out for perfect terms.

    Magazine: Will the CLARITY Act be good — or bad — for DeFi?

  • ‘Super Mario Galaxy Movie’ Holds No. 1 at U.K., Ireland Box Office

    ‘Super Mario Galaxy Movie’ Holds No. 1 at U.K., Ireland Box Office

    Universal’s “The Super Mario Galaxy Movie” held the No. 1 spot at the U.K. and Ireland box office for a third weekend, taking £2.6 million ($3.4 million) and lifting its total to £32.9 million ($44.5 million), according to Comscore.

    Project Hail Mary,” distributed by Sony, remained in second place, adding $2.3 million in its fifth frame to reach $41 million.

    Entertainment Film Distributors’ “The Drama” placed third with $1.6 million in its third weekend, pushing its cumulative total to $10.9 million. Warner Bros.’ “Lee Cronin’s The Mummy” was the top new entry in fourth place, debuting with $1.3 million.

    Anime Ltd.’s reissue of “Akira” followed in fifth with $1.2 million, while Entertainment Film Distributors’ “The Magic Faraway Tree” continued its run in sixth place, adding $1.1 million for a $18.1 million total.

    Further down the chart, Miracle Comms’ “Time Hoppers: The Silk Road” debuted in seventh place with $296,000. Trafalgar Releasing’s “BTS World Tour ‘Arirang’ in Goyang: Live Viewing” held eighth with $275,000, while National Theatre’s “All My Sons – NT Live 2026” was in ninth place with $265,000 for a $807,000 cumulative.

    Rounding out the top 10, Bakrania Media’s “Bhooth Bangla” added $253,000 in its second weekend, bringing its total to $299,000.

    Meanwhile, in its fifth weekend, Moviegoers Entertainment’s Bollywood blockbuster “Dhurandhar” The Returns” was at No. 19 with $61,400. With a total of $5.92 million, it has surpassed the $5.91 million earned by “Pathaan” to become the highest grossing Indian film in the territory.

    Looking ahead, Universal will look to maintain its dominance with “Michael,” launching wide across 300 locations, while Kazoo Films counters in the family space with “Hitpig!,” also rolling out broadly. A24 adds drama “Mother Mary,” directed by David Lowery and starring Anne Hathaway and Michaela Coel, opening across 100-plus sites.

    Event cinema remains a key component of the slate, led by Trafalgar Releasing’s “The Magic Flute – ROH, London 2026.” Disney brings “Fight Club” back to cinemas in a 4K restoration, while Dogwoof releases documentary “The Last Spy” and Underground Slate adds “Searching for Satyrus” at the start of the following week.

    The specialty and international market is particularly busy. Mubi releases “Submarino” and “Agon,” while Curzon adds “Primavera.” Vertigo Releasing launches “Exit 8,” and BFI Distribution opens “Rose of Nevada,” starring George MacKay and Callum Turner. Bulldog Film Distribution releases “Ultras,” while Tull Stories debuts “The North,” and Metis Films adds “Surviving Earth.”

    Further titles include Zee Studios International’s “Ginny Weds Sunny 2,” Miracle/Animitas Cine’s “Olivia,” and Miracle Comms’ “London’s Last Wilderness.”

  • Nearly Half of New Streaming Music Is AI-Generated, Says Deezer—But Nobody’s Listening

    Nearly Half of New Streaming Music Is AI-Generated, Says Deezer—But Nobody’s Listening

    In brief

    • AI-generated tracks now represent 44% of all new music uploaded daily to Deezer’s platform, the firm said.
    • The streaming service receives nearly 75,000 AI-generated tracks per day, totaling over 2 million each month.
    • However, AI music accounts for only 1-3% of total streams on the platform—and a majority of the streams are demonetized due to detected fraud.

    French music streaming service Deezer said Monday that AI-generated tracks now represent 44% of all new daily uploads, with the platform receiving nearly 75,000 artificial tracks per day. However, there are few real listeners, with most of the AI music streams being demonetized due to apparent fraud.

    The surge translates to over 2 million AI tracks uploaded monthly, marking the first comprehensive data disclosure from a major streaming platform about artificial content proliferation. Yet despite flooding the platform with uploads, these AI-generated tracks capture minimal listener attention—accounting for just 1-3% of total streams.

    The disconnect between upload volume and consumption appears linked to fraudulent activity. Deezer’s proprietary detection technology has identified 85% of streams from AI-generated tracks as artificial plays, which the company has subsequently demonetized.

    The platform deployed its patent-pending AI music detection tool in January 2025, achieving what the company reports as 99.8% accuracy. By June 2025, Deezer became the first major streaming service to explicitly tag AI-generated content. The technology has already identified over 13.4 million AI tracks across the platform’s catalog from 2025 alone.

    “AI-generated music is now far from a marginal phenomenon, and as daily deliveries keep increasing, we hope the whole music ecosystem will join us in taking action to help safeguard artist’s rights and promote transparency for fans,” said Deezer CEO Alexis Lanternier, in a statement.

    Starting Monday, the platform also stopped storing high-resolution versions of AI-generated tracks, creating another technical distinction between artificial and human-created content.

    Even as platforms grapple with detection, listeners struggle to identify artificial music. A blind study commissioned by Deezer surveyed 9,000 participants across eight countries and found 97% could not distinguish between AI-generated and human-created tracks.

    Despite this inability to detect artificial content by ear, 80% of respondents agreed that fully AI-generated music should carry clear labels for transparency.

    The Paris-based platform’s data disclosure represents the music industry’s most transparent accounting of how generative AI tools have infiltrated streaming services. While competitors have remained largely silent on AI upload volumes, Deezer has positioned itself as the first major service to both tag AI content and share concrete metrics on the phenomenon’s scale.

    The platform’s fraud detection efforts align with broader industry concerns about AI-generated content manipulation. Decrypt previously reported on a man who pleaded guilty in September to using AI music in an $8 million streaming fraud scheme. Federal prosecutors also charged an AI music maker in a separate $10 million fraud case involving artificial streams of bot-generated songs.

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  • Karlovy Vary, the World’s Second Oldest Film Festival, Prepares to Celebrate 80 Years Since First Festival, and Its 60th Edition

    Karlovy Vary, the World’s Second Oldest Film Festival, Prepares to Celebrate 80 Years Since First Festival, and Its 60th Edition

    The Karlovy Vary Intl. Film Festival, the second oldest film festival in the world after Venice, is preparing to celebrate two milestones: 80 years since the first festival, and its 60th edition.

    Among the events planned to commemorate the anniversaries is the exhibition titled “KVIFF 60/80 (1946–2026),” in which the festival looks back on its rich history with an exhibition of photographs focusing on its early years, the atmosphere of its pre-1989 editions, important moments and festival guests.

    Thirty outdoor panels, located along the path between two of the festival’s iconic venues – the Grandhotel Pupp and the Hotel Thermal – will take visitors on a journey through the festival’s history and allow them to witness the changes it has undergone.

    The Out of the Past section will “consist of 20 carefully selected films from previous editions of the festival, which are firmly linked to its history as milestones key to the KVIFF’s identity and reputation,” the festival’s artistic director, Karel Och, said.

    The include Michael Powell and Emeric Pressburger’s “A Matter of Life and Death,” which screened at the festival in 1947, and Ken Loach’s “Kes,” which won the top prize in 1970. Other films include Emilio Fernández’s “Río Escondido” in 1948, and Konrad Wolf’s “Lissy” from 1957.

    The twin-city format of the festival’s first edition will be recalled in the form of a special preview screening of a selected film from this year’s program on July 1 at the historic Municipal Theatre in Mariánské Lázně.

    As a gesture of thanks for playwright, author and Czech president Václav Havel’s long-term support and goodwill, the festival is marking what would have been his 90th birthday with a photographic exhibition at the Hotel Thermal commemorating his visits to the festival and his meetings with various representatives of world cinema.

    For this and future editions, the Karlovy Vary festival is redesigning the area around the entrance to the Hotel Thermal’s Grand Hall with a new architectural design that will allow audiences to “more intensely experience and share in the festival atmosphere during the festival’s opening and closing ceremonies as well as at festival screenings.” Guest arrivals with live commentary will bring the festival action “closer to visitors and add interesting behind-the-scenes observations.” Screenings in the Grand Hall will offer audiences “a natural opportunity for a glamorous red carpet entrance.”

    This year’s edition of the festival will present a gala screening of a digitally restored copy of Věra Chytilová’s tragicomedy “Tainted Horseplay,” which was shot in 1988.

    At the center of this generational portrait of thirty-somethings is a group of friends who engage in regular drinking sessions, the occasional borderline prank, and casual sexual adventures – until, that is, the wild and promiscuous Pepe ends up in the hospital.

    The group of friends subsequently undergo an anonymous blood test, which shows that one of member of their wild gang is HIV positive. This harsh confrontation with reality leads to a radical crisis of friendship.

    Slovak actress Magda Vášáryová will receive the President’s Award at the festival, and in her honor it will screen Juraj Jakubisko’s “Birds, Orphans and Fools,” shot in the turbulent year of 1968. Its three main protagonists – Yorick, Marta, and Andrej – manage to survive in a world full of hopelessness and disillusionment thanks to “foolishness,” light-hearted play, and a philosophy of joy that, in their view, is the only possible path toward happiness.

    Future Frames – Generation NEXT of European Cinema, a program organized by the Karlovy Vary and European Film Promotion, which has been helping talented European directors start their careers in the film industry since 2015, will return once again.

    For the fourth year in a row, the program has been able to expand the opportunities it offers thanks to its partnership with lottery and entertainment company Allwyn, and also by collaborating with U.S. talent agency UTA and Range Media Partners, which provide young filmmakers with expert guidance and the chance to make important contacts.

    Karlovy Vary’s programming team selects 10 film school students and graduates for Future Frames from a pool of candidates nominated by member organizations of European Film Promotion. The participating filmmakers present their short and medium-length films at the festival and take part in a mentoring program that includes training, networking and promotion.

    This year’s Future Frames will take place from July 5 to 8 at the Hotel Thermal, which will once again host the creative and networking space that is the Allwyn Lounge. Here, participants will attend training sessions and individual meetings with representatives from UTA and Range Media Partners, who will provide them with feedback and subsequently select one director for a residency in Los Angeles sponsored by Allwyn. Last year’s winner was German director Simon Schneckenburger.