Federal Communications Commission Chairman Brendan Carr is cracking down on bias against Republicans and President Trump in broadcast TV stations by threatening to enforce the news distortion policy and potentially revoke licenses. However, his predecessors, Jessica Rosenworcel and Ajit Pai, argued that penalizing stations based on news content would violate free speech rights. This move marks a shift from the FCC’s historical trend of reducing involvement in news regulation, with former chairs Alfred Sikes and Tom Wheeler advising Carr to reconsider his stance.
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AI video startup Moonvalley raised a fresh $43M, SEC filing shows
Los Angeles-based startup Moonvalley, specializing in AI tools for video creation, has secured $43 million in new venture capital from 11 undisclosed investors, as per an SEC filing. This funding round follows the recent launch of Moonvalley's AI video-generating model, Marey, marking a significant milestone for the company. Moonvalley had previously raised $70 million in seed funding, demonstrating strong investor interest in their innovative technology. Full Article
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