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AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
Getty Images' photo, video, and illustration licensing business to news outlets, advertisers, and businesses faces a quick death from AI.
Chatbots let users create visual content at a fraction of the cost of licensing, and Getty shares have collapsed since ChatGPT's launch in late 2022, coinciding with a surge in AI news coverage and the growing adoption of chatbots for professional and personal use.
And now, Bloomberg reports that Getty plans to file for a prepackaged Chapter 11 restructuring in the coming...
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Sep 6, 2026 / Kyle Anzalone
Energy Secretary: Nuclear Deal With Iran May Not Happen Under Trump
Energy Secretary Chris Wright said President Donald Trump may not reach a new nuclear agreement with Tehran during his presidency, suggesting the US could instead focus on destroying Iran’s nuclear capabilities. “There may not be a nuclear agreement. It may be simply destroying their capabilities to do it,” Wright told ABC’s This Week on Sunday. […]
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Mar 6, 2026 / Tyler Durden
It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away
It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away
One of Donald Trump's core pre-election promises (along with cracking down on immigration and no more foreign wars) was to boost employment for local-born Americans at the expense of the record employment for foreign-born, mostly illegal, workers. And for a while it worked: four months ago, when discussing the September jobs report, we said that while the broader report was generally mixed, it was "indisputably strong when it comes to one thing: the rotation from foreign...
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Jun 9, 2026 / Tyler Durden
Five Tax Moves To Make Before December 31 That Most People Miss
Five Tax Moves To Make Before December 31 That Most People Miss
Authored by Peter Daisyme via Due,
Every January, I hear the same regret from friends and colleagues: "I wish I had known about that before the year ended." Tax planning has a hard deadline, and most of the best strategies expire on December 31 with no extensions, no exceptions, and no do-overs.
Five Tax Moves to Make Before December 31; Image Credit: Pexels
I used to be one of those people who did not think about taxes until I sat down...
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