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6:45 PM ET, September 5, 2025

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 Top News: 
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Bloomberg:
Filing: Anthropic will pay $1.5B to resolve an authors' copyright lawsuit over the company's downloading of millions of pirated books  —  Anthropic PBC will pay at least $1.5 billion plus interest to resolve an authors' copyright lawsuit over the AI company's downloading of millions of pirated books …
Winston Cho / The Hollywood Reporter:
WBD files a copyright suit against Midjourney, accusing the startup of using its content to train AI and letting users generate images of characters like Batman
Alex Weprin / The Hollywood Reporter:
CBS News implements a new policy: “Face the Nation will now only broadcast live or live-to-tape interviews” following complaints from DHS  —  The Sunday public affairs show will now run live or live to tape interviews, after an edit to an interview with the Homeland Security Secretary drew pushback.
Wall Street Journal:
The EU fines Google €2.95B for abusing its dominance in digital ads, and says its preliminary stance is that Google must divest parts of its ad-tech business  —  Bloc's antitrust regulators say search giant may need to divest parts of its business  —  BRUSSELS—The European Union fined …
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Kevin Breuninger / CNBC:
After the EU fined Google €2.95B, Trump threatens a trade probe, saying the Trump administration “will not allow these discriminatory actions to stand”
Josh Dzieza / The Verge:
How Wikipedia became the factual foundation of the web and why it's under attack from Musk, conservative groups, the Trump administration, and other governments  —  WhenWhen armies invade, hurricanes form, or governments fall, a Wikipedia editor will typically update the relevant articles seconds after the news breaks.
Ted Johnson / Deadline:
A federal judge dismisses Newsmax's antitrust lawsuit against Fox News as a “shotgun complaint” and gives Newsmax until September 11 to refile  —  U.S. District Judge Aileen Cannon, in an order issued on Friday, noted that Newsmax alleged violations of the Sherman Act …
Alex Weprin / The Hollywood Reporter:
Hello Sunshine CEO Sarah Harden is stepping down, and Maureen Polo will succeed her; CFO Corey Shepardson has been named COO and will run business operations  —  Polo joined the Reese Witherspoon-founded company in 2022 as head of direct-to-consumer.  —  Hello Sunshine is shaking up its C-suite …
Benjamin Mullin / New York Times:
PBS is cutting 100 positions, or about 15% of its staff, including 34 immediate layoffs, after Congress stripped $500M in annual funding from public media  —  Congress voted this year to strip $500 million in annual funding from public broadcasters, including PBS stations.
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 More News: 
Binaj Gurubacharya / Associated Press:
Nepal says it is blocking most major social media platforms, including Facebook, X, and YouTube, after the companies failed to register with the government
Tripp Mickle / New York Times:
Ads during the Chargers-Chiefs NFL game on YouTube on September 5 will cost ~$30 for every 1,000 viewers, more than double what YouTube usually gets
 Earlier Picks: 
Nellie Andreeva / Deadline:
Memo: Paramount announces a full return-to-office policy starting in January 2026 and offers a “severance opt-in program” for New York and Los Angeles workers
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors
 
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