US judge blocks Trump’s shutdown of government-funded news broadcasts

RYIADH: SRMG Media Solutions (SMS) has announced a strategic partnership with Penske Media Corporation (PMC) to expand MENA advertisers' global presence through PMC's prestigious portfolio of internationally recognized brands.

Advertisers in Saudi Arabia and across the Middle East and North Africa can now leverage programmatic campaigns through diverse formats such as video, standard banners, and audience layering. Key sectors include tourism, government departments, investment sectors, and mega projects. Additionally, advertisers can collaborate with PMC's notable publishers for innovative content creation and bespoke campaigns, subject to editorial approval.

This partnership enhances access to crucial global markets, including Asia and Western economies such as Europe and the USA. Advertisers can now integrate their campaigns on high-profile 40+ iconic brands including Variety, Rolling Stone, Billboard, The Hollywood Reporter, WWD, Robb Report, ARTnews and Deadline, and more, enabling connections with over 412 million monthly active users and 150 million social media followers. By tapping into 6 billion video views, this partnership offers unmatched potential for impactful global advertising initiatives.

SMS, a next-generation data-driven media solutions company, delivers advanced analytics-based advertising strategies. Utilizing first-party data, leading-edge AdTech, and AI-driven audience segmentation, SMS crafts personalized campaigns that drive growth and profitability. As the exclusive media partner for SRMG’s esteemed portfolio, SMS oversees brands such as Asharq Al-Awsat, Asharq News, and Akhbaar24, delivering engaging content across diverse platforms with a global footprint of over 170 million users.

Penske Media Corporation (PMC), a leader in media, digital, and publishing sectors, is renowned for its influential brands like Variety and Rolling Stone. Recognized for its premium content in entertainment, fashion, luxury, and pop culture, PMC extends its influence via digital media, print, and top-tier events such as SxSW and the Golden Globe Awards.

Ziad Moussa, Managing Director of SMS, stated, “We are thrilled to partner with PMC, which enhances our capacity to offer cutting-edge advertising solutions for our clients. This collaboration aligns perfectly with our goal of providing unprecedented access to the world’s top platforms.”

A representative from Penske Media Corporation added, “Working with SMS amplifies our capacity to deliver powerful advertising opportunities globally with high-quality content and innovative solutions.”

With its unmatched reach and a commitment to redefining excellence, SMS is poised to transform the media and advertising landscape in the MENA region and beyond. To become part of our journey and learn how SMS can revolutionize your advertising strategy, visit SRMG Media Solutions or contact [email protected].

LONDON: OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar with the matter.
There is an internal prototype focused on ChatGPT’s image generation that has a social feed, the report said.
OpenAI CEO Sam Altman has been privately asking outsiders for feedback about the project, which is still in early stages, according to the Verge. It is unclear whether the company plans to release the social network as a separate application or integrate it into ChatGPT, the report said.
The company did not immediately respond to a Reuters request for comment.
The potential move could escalate tensions between Altman and billionaire Elon Musk — the owner of X and an OpenAI co-founder who left the startup in 2018 before it emerged as a front-runner in the generative artificial intelligence race.
The feud has intensified in recent months. In February, a consortium of investors led by Musk made an unsolicited $97.4 billion bid for the control of OpenAI, only to be rejected by Altman with a swift “no thank you.”
Musk had sued the ChatGPT maker and Altman last year, alleging they had abandoned OpenAI’s original goal of developing AI for the benefit of humanity — not corporate gain.
OpenAI counter-sued Musk earlier this month, accusing him of a pattern of harassment and attempting to derail its shift to a for-profit model. The two parties are set to begin a jury trial in spring next year.
An OpenAI social network could also put the company in direct competition with Facebook-owner Meta, which is reportedly working on a standalone Meta AI service. In February, Altman responded on X over media reports on Meta’s plans, saying “ok fine maybe we’ll do a social app.”
Both Meta and X have access to a massive amount of data — public content posted by users on their social media platforms — that they train their AI models on.