Putin warns U.S. against “escalation”The Russian president
warned Washington not to assist Ukraine with long-range missiles. “Using Tomahawks without the direct participation of American military personnel is impossible. This would mark a qualitatively new, completely new stage of escalation between Russia and the U.S.,” Putin said at a panel in Sochi, Russia. Washington has agreed to provide Ukraine with intelligence for long-range strikes that could reach deep into Russia and is considering supplying Kyiv with the kit required to do that. Reality check: Putin is the one escalating the conflict in Europe. Munich airport
was shut down this morning due to unauthorized drones in its airspace, and
Putin joked about it in Sochi.
Taylor Swift released her new albumIt’s called The Life of a Showgirl and you can listen to it on Spotify
here.
Social media is in declineBased on a survey of 250,000 users, John Burn-Murdoch, the FT’s data guru,
says: “Across the developed world, adults aged 16 and older spent an average of two hours and 20 minutes per day on social platforms at the end of 2024, down by almost 10 per cent since 2022. Notably, the decline is most pronounced among the erstwhile heaviest users — teens and 20-somethings.”
OpenAI’s new Sora app gets mixed reviewsSam Altman’s AI platform launched a new version of its video creation app. The content on it is entirely AI-generated. The results are technically impressive but there is also a lot of slop and brainrot content, according to
Axios and the
NYT.
UBS has $500 million exposure in First Brands' bankruptcyThe collapse of auto parts company First Brands, which failed to refinance $6 billion in private credit facilities, has left UBS holding half a billion in unsecured debt,
Bloomberg says.
Bari Weiss to be head of CBS NewsBari Weiss will be named editor-in-chief of CBS News,
the New York Post reports. The 41-year-old founder of The Free Press. She will report to Paramount Skydance Chief Executive David Ellison.
Land O’Lakes CEO takes on agriculture deportations with practicalityAs immigration crackdowns take hold of the agriculture industry, Land O’Lakes CEO Beth Ford is trying to help the farmers she represents as chair of the immigration committee for the Business Roundtable. Balancing between farmers’ general support for President Trump and the practicality of her business, Ford
tells Fortune that “hope is not a strategy.”
Canada jumps on American uncertaintyWith the Trump administration
imposing a $100,000 fee on new H-1B visa applications for specialized skills, Canada is seizing the opportunity to attract more international talent and strengthen its tech sector. Industry Minister Mélanie Joly told
Fortune that the steep U.S. fee, combined with inconsistent American policy, is pushing some to seek Canadian stability.
Netflix offers $700,000 for fully remote AI proA new job opening at Netflix
promises up to $700,000 per year for a fully remote generative AI product manager who will “shape and execute the road map for generative AI solutions designed to enhance personal, team, and organizational productivity across Netflix.” The job is part of a wave of high-salary positions aimed at leading AI product strategy and boosting productivity.