LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation (Michael Hytha/Bloomberg)

Michael Hytha / Bloomberg:
LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation  —  Los Angeles-based Webtoon said in a filing Friday with the US Securities and Exchange Commission that South Korean internet company Naver …

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The Tribeca Festival and OpenAI plan to feature five short films made using OpenAI's text-to-video tool Sora on June 15 (Brian Welk/IndieWire)

Brian Welk / IndieWire:
The Tribeca Festival and OpenAI plan to feature five short films made using OpenAI's text-to-video tool Sora on June 15  —  “Nanny” director Nikyatu Jusu is among the five filmmakers who created a film for the festival using the tech.  — Post  —  Short films generated by artificial intelligence …

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Filing: Meta agrees to settle a 2022 lawsuit by Texas accusing Meta of using facial recognition tech to collect biometric data of Texans without their consent (Mike Scarcella/Reuters)

Mike Scarcella / Reuters:
Filing: Meta agrees to settle a 2022 lawsuit by Texas accusing Meta of using facial recognition tech to collect biometric data of Texans without their consent  —  Meta's Facebook (META.O) has agreed to settle a lawsuit by the state of Texas that accused the social media giant …

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President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto (Sarah Wynn/The Block)

Sarah Wynn / The Block:
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto  —  - U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …

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Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer:
Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims  —  A threat actor claiming recent Santander and Ticketmaster breaches says they stole data after hacking into an employee's account at cloud storage company Snowflake.

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