May 23, 2026

Italy busts €300 million streaming piracy ring

ROME, May 22 (Reuters) – Italy’s financial police said on Friday they had busted a sophisticated streaming piracy network that caused roughly €300 million ($348 million) in ‌damages to rights holders such as Sky, DAZN, Netflix, Disney+ and Spotify. The operation targeted previously unseen technology built around an application called CINEMAGOAL, which connected users’ devices to […]

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China’s DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI model

May 23 (Reuters) – Chinese artificial intelligence startup DeepSeek will make permanent a 75% price cut on ‌its flagship V4‑Pro artificial intelligence model, keeping prices at a quarter of their original level, the company said in a statement on Saturday. DeepSeek did not disclose whether the permanent price cut was due to increased ⁠supply of Huawei’s

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