Top Stories

SEC Provides Binance a Lifeline as It Pursues Fraud Charges

A federal court has approved an agreement between Binance co-founder and CEO Changpeng Zhao and the Securities and Exchange Commission that will allow the embattled cryptocurrency firm to continue operating while fighting an SEC civil fraud lawsuit, the outcome of which may determine the future of the crypto business in the United States. Filed June 5, the Binance charge rocked an industry already reeling from market turmoil and SEC complaints against Coinbase and the founder of FTX. The SEC initially moved to freeze Binance’s U.S. assets, but the company said that would put it out of business here. Read more

YouTube Lowers Monetization Threshold to Attract Creators

YouTube has adjusted the requirements for its Partner Program (YPP), making it easier for creators with smaller followings to earn money. The Google subsidiary has cut in half — to 500 — the minimum number of subscribers required for creators to monetize across paid chat, shopping, tipping, channel memberships and more. Other thresholds have also been lowered, with valid watch hours reduced to 3,000 (from 4,000) and Shorts views cut to 3 million (as opposed to 10 million). The new parameters are initially effective in the U.S., Canada, UK, Taiwan and South Korea. Read more

Peacock Signs Up for Vizio’s WatchFree+ Discovery Feature

Vizio has added a new discovery feature, Content Connections as part of its WatchFree+ service and smart TV interface. NBCUniversal’s Peacock has climbed aboard as the platform’s first Content Connections partner. With Content Connections, users can move seamlessly from Vizio’s FAST environment, WatchFree+, to services available through paid subscription. The Peacock Preview channel will let consumers with Vizio smart TVs have free access for a three-week period to select episodes from more than 16 Peacock series. Content Connections will serve viewers with “intuitive messages” directing them to participating platforms’ streaming apps. Read more

New Tool from Epic Simplifies High-Fidelity Facial Animation

Epic Games is releasing MetaHuman Animator, which lets developers create nuanced facial animation by capturing an actor’s performance using an iPhone or stereo head-mounted camera system and a PC. The system eliminates the need for manual touch-ups, according to Epic, capturing “every subtle expression, look, and emotion” and replicating it onto a digital character for a faster performance capture workflow that allows more creative control. The new feature set uses a 4D solver to combine video and depth data with a MetaHuman representation of the performer. The animation is produced locally using GPU hardware, providing final results in “minutes.” Read more

Sphere Launches Burbank Studio, Immersive Camera System

Sphere Entertainment, James Dolan’s MSG Entertainment spin-off, has opened Sphere Studios in Burbank. The 68,000-square-foot compound will output immersive entertainment for Sphere venues. The flagship Sphere in Las Vegas opens in September with a series of U2 concerts designed to show-off the 580,000 square-foot display that Sphere says is “the world’s highest-resolution LED screen.” The company has filed eight patents, including for the ultra-high resolution Big Sky camera, unveiled this week. Sphere says Big Sky has “the world’s sharpest cinematic lenses,” capable of delivering edge-to-edge images for the 16K x 16K immersive display at Sphere Vegas. Read more

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