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Gazans in Shock as Israeli Strikes Claim Dozens of Lives

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new video loaded: ‘What Truce Is This?’: Gazans Reel After Israeli Strikes Kill Dozens

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‘What Truce Is This?’: Gazans Reel After Israeli Strikes Kill Dozens

Israel launched deadly attacks on Gaza after accusing Hamas of violating the cease-fire, which Hamas denied. Local health officials in Gaza reported the strikes killed at least 100 people, including 35 children.

“I was just — I just heard about it a little while ago. They took out — they killed an Israeli soldier, so the Israelis hit back, and, and they should hit back. When that happens, they should hit.” Reporter: “Does that jeopardize the cease-fire?” “No — nothing’s going to jeopardize — that’s, you have to understand, Hamas is a very small part of peace in the Middle East, and they have to behave.”

Israel launched deadly attacks on Gaza after accusing Hamas of violating the cease-fire, which Hamas denied. Local health officials in Gaza reported the strikes killed at least 100 people, including 35 children.

By Nader Ibrahim and Saher Alghorra For The New York Times

October 29, 2025

Israel commits to maintaining Gaza ceasefire following airstrikes that resulted in over 100 deaths

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Israel says it will uphold Gaza truce after strikes kill more than 100

Will Trump receive China’s assistance in addressing wartime Russia? | Updates on the Russia-Ukraine conflict

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Kyiv, Ukraine – Both Russia and Ukraine depend on Chinese-made components for drones, jamming systems and the fibre optic cable attached to the drones to make them immune to jamming.

If Beijing wanted to end the Russia-Ukraine war, it could do so promptly and singlehandedly by banning the imports, according to one of the pioneers of drone warfare in Ukraine.

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“Almost each component is made in China,” Andrey Pronin, who runs a drone school in Kyiv, told Al Jazeera. “China could cut off their side – or ours.”

Beijing supplies Moscow with four-fifths of drones, electronic chips and other dual-purpose goods that end up on the front line, keeping the Russian war machine rolling, according to Ukrainian intelligence.

Ukraine is trying to wean off its reliance on Chinese drones amid Beijing’s restriction of exports, but they still account for a staggering 97 percent of components, according to the Foundation for Defense of Democracies, a think tank in Washington, DC.

United States President Donald Trump hopes that Thursday’s summit with his Chinese counterpart Xi Jinping can change that.

“I’d like China to help us out with Russia,” Trump said on October 24, two days after cancelling his talks with Russian President Vladimir Putin and slapping sanctions on two Russian oil companies.

Trump is scheduled to meet with Xi in South Korea’s Seoul on the sidelines of the Asia-Pacific Economic Cooperation summit. Their last meeting was held in 2019, in Japan’s Osaka.

Zelenskyy hopes meeting will ‘help us all’

Beijing, which has claimed it is officially neutral regarding the war, denies direct involvement in the Russia-Ukraine conflict. But it plays a role as Moscow’s main political and economic backer.

As Beijing seeks to “return” Taiwan to its fold, Moscow is understood by observers to be sharing with the Chinese military information on the use of drones, the vulnerabilities of Western-supplied weaponry and the management of airborne troops.

Meanwhile, amid mounting Western sanctions, Beijing is buying discounted oil, gas and raw materials, paying Moscow tens of billions of dollars a year.

That is the weak spot Ukrainian President Volodymyr Zelenskyy wants Trump to target in talks with Xi.

If Trump manages to “find an understanding with China about the reduction of Russian energy exports”, he said on Monday, “I think it’ll help us all.”

But Trump’s latest Russia sanctions slapped on state-owned oil giant Rosneft and the private Lukoil company could inadvertently strengthen Beijing.

Both companies will be forced to sell their foreign subsidiaries and diminish their role in international projects – namely, in ex-Soviet Central Asia and several African nations, where their place may be taken by Chinese companies.

According to Volodymyr Fesenko, head of the Kyiv-based Penta think tank, Xi’s role in ending the war is pivotal.

“Without the financial support, without the economic cooperation with China, Russia can’t continue the war,” he said. “China is Russia’s main economic resource.

“Had [Beijing] wanted to end this war, it would have achieved it very fast,” he added. “China’s harsh position in closed-door, non-public talks with Putin would be enough.”

However, Beijing has “no inclination or interest in making a gift to Trump”, said Fesenko.

A car drives along a road covered with an anti-drone net near the town of Sloviansk in the Donetsk region, Ukraine, on October 27, 2025 [Sofiia Gatilova/Reuters]

During his first presidency, ties with Beijing spiralled as the White House sought to curb China’s growing global clout and its access to Western technologies.

China and the US have introduced tariffs on mutual exports as Beijing threatened to cut off the trade in critical minerals, and Washington promised to curb the transfer of technologies. The Russia-Ukraine war is unlikely to dominate the summit, as Trump and Xi have bigger fish to fry as their nations now face a trade war.

‘Freezing the war’

At the same time, Beijing has been boosting its economic clout in Eastern Europe, Moscow’s former stomping ground, investing heavily in new infrastructure.

“The escalation of the war, its spread to Europe, is something that contradicts China’s interests,” Fesenko said.

However, Washington and Beijing may want to keep the war simmering or frozen without letting Moscow or Kyiv win a decisive victory, argued Kyiv-based analyst Igar Tyshkevych.

Washington is not going to benefit from Russia’s “overwhelming victory” as the Kremlin will undoubtedly seek the role of a “third global leader”, he said.

But neither Beijing or Washington could benefit from Russia’s full defeat, as China is concerned by destabilisation near its northern and northwestern borders.

“Washington is active about freezing the war,” Tyshkevych said. “I won’t be surprised if Beijing will be active in the same direction.”

If frozen, there are fears that the war could reignite when Russia recovers economically and accumulates enough resources.

To avoid that, Kyiv would look to building new or strengthening existing partnerships, especially with the European Union and its individual members, as well as countries such as Turkiye and Pakistan that both have cordial ties with Beijing.

And Putin still has plenty of incentives to offer to Trump.

There is a reported proposal to create infrastructure for the Arctic sea route that will shorten the delivery of goods from Asia to Europe by weeks.

Moscow also considered a joint project to sell Russian natural gas to Europe, develop oil and gas fields in Russia’s Far East, and supply rare earths that are crucial for US tech giants.

In a post-war environment, Putin may also propose Russia’s expertise in processing spent nuclear fuel from US power stations – and come up with nuclear security deals, including non-proliferation.

Non-proliferation “is the only field where Russia is ‘equal’ to the United States,” Tyshkevych said.

AI’s failures are not due to technology, but rather to failures in leadership.

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AI is no longer a question of if or when. It’s already here. Embedded in pilots, demos, and proofs-of-concept across nearly every major enterprise. But here’s the catch: most of those AI projects go nowhere. 

In fact, the percentage of companies scrapping a majority of their AI initiatives jumped from 17% to 42% this year, according to S&P Global Market Intelligence. While the technology is real, the operating model isn’t. 

At ServiceNow, we’ve led AI through shared leadership—not from the top down. The collaboration between technology and business functions may take different forms, but the goal remains the same: make AI deliver measurable business outcomes and avoid siloed innovation at all costs. Specifically, we’ve built a pact between the CIO and COO that treats AI as a business system and experience layer, with shared outcomes and measurable results. We’ve already realized $350 million in value from productivity and time savings, while focusing on innovating across the business with a shared approach to AI across all departments. 

This strategy worked for us and is a blueprint that any organization can adopt. If you want to escape pilot purgatory and move AI into production, here are five practical ways to operationalize AI at scale and see real business value in the first 90 days.  

Start with the work, not the model 

Too many companies get caught up in experimenting with the latest large language model before identifying where it can solve real business problems. Start with three enterprise use cases with a direct line to your P&L. Then set public, CFO-approved yardsticks: cycle time, deflection rates, cost-to-serve. 

At ServiceNow, we identified the key use cases that drive the most value for employees and customers, starting with help desks. ServiceNow has a fully autonomous IT service desk, with 90% of incoming tickets handled by AI. For customer support, 89% of incoming tickets are deflected with customer self-service for most basic inquiries, and 50% faster case resolution times for more complex issues. This created a scalable model we extended across HR, finance, sales and more. Not a pilot. Not a demo. Real outcomes. 

Fix data chaos first 

AI fails because it’s guessing. When your data is fragmented and unstructured, AI lacks the context to make smart decisions. 

Before layering in new models, invest in your data fabric—relationship graphs, lineage, reliable labels. Make your data human-readable, so AI can reason like a human would. 

Govern AI like a business system 

Governance can’t be a one-time committee review of deployed AI models and tools. It must be an operating discipline. It’s critical to establish a central control tower that oversees every agent and model, from provisioning and permissions to observability and rollback. 

Think of it like cybersecurity or finance. You don’t scale those functions without oversight. The same must be true for AI. 

Redesign work for human and agent teams 

The goal isn’t to replace humans. It’s to eliminate the digital friction that slows them down. 

Microsoft’s 2025 Work Trend Index shows that employees are interrupted every two minutes by meetings, messages, or alerts. Nearly half of workers say their day feels fragmented and chaotic. That’s not a productivity gap—it’s a structural failure. 

We start by mapping real journeys, not just workflows on paper. And we embed agents at the handoff points so people spend less time copying and pasting, and more time solving meaningful problems. 

Make the CIO–COO pact real 

Here’s how we structure our partnership: 

  • One backlog, two owners: Fund value streams, not departments. 
  • Dual-speed governance: Sandboxes move fast; production enforces rigor. 
  • Monthly AI dashboard: Track outcomes like time saved, risk reduced, satisfaction improved. 
  • Upskilling as policy: Incentivize managers for human-in-the-loop quality, not deployment quantity. 

This goes beyond collaboration and gives all leaders co-ownership of bigger business transformation. 

90-Day AI playbook 

Turning strategy into execution doesn’t require a full digital overhaul—it requires structure, speed, and clear accountability. This 90-day playbook breaks down the daunting task of AI transformation into four focused sprints. Each phase is designed to build momentum, prove value early, and give business leaders the clarity they need to scale with confidence. 

These steps get AI into production as the building blocks of the autonomous enterprise, where AI agents, data, and workflows operate in sync to drive resilience, speed, and growth. 

Run this sequence to move from pilots to AI value: 

Days 0–14: Choose 3 use cases with CFO-approved metrics. Define clear guardrails (privacy, auditability, bias). 

Days 15–45: Connect the data you already have. Label key entities. Build the control tower. 

Days 46–75: Deploy minimum viable AI workflows. Measure deflection, dwell time, and user satisfaction. This is the time to test, iterate, and improve.  

Days 76–90: Double down on what works. Publish results. Fund the winners. Retire the rest. 

What success looks like 

You’ll know it’s working when: 

Your board asks, “What else can we hand off to AI?” 

Employees spend less time toggling between tools and more time delivering value. 

Governance reviews are boringly predictable because the system just works. 

Why it matters now 

IDC estimates generative AI could add up to $22 trillion to the global economy each year by 2030. But that value won’t go to the companies with the most impressive demos. It’ll go to those with the discipline to scale, the governance to trust, and the partnership to lead. 

If CIOs and COOs can co-own the AI operating model, AI stops being a headline—and starts becoming a habit. And as AI continues to evolve, this partnership will become the foundation for a new kind of enterprise collaboration—one where CFOs, CHROs, CMOs, and beyond work together through intelligent systems that move with speed, transparency, and trust. 

The “honeymoon” phase of AI is over, and the organizations that lead with execution—not experimentation—will define the next era of enterprise transformation. The only question left is, who’s ready to lead? 

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Accusations of Mafia NBA Poker Scam Leveled Against Celebrity Painter ‘Pookie’ Wei

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A Painter in the Spotlight

Sophia “Pookie” Wei, a 40-year-old artist from New York, lived a life filled with fame and luxury before her arrest. Known for her colorful portraits and connections to celebrities, she gained attention in the entertainment world during the pandemic.

Wei painted a large portrait for comedian Kevin Hart in 2020 — her first commission after turning her quarantine hobby into a profession. “Here it all started, prior to this piece, I was painting as a hobby, to pass time during quarantine!! My very first commission!!” she wrote on Instagram next to a photo of Hart holding the painting.

Her social media also showed photos with Drake, Ne-Yo, Jadakiss, Mary J. Blige, and members of the Fugees. Shaquille O’Neal’s sons reportedly bought her art as well. None of these stars face any connection to the criminal case that later shocked her world.

Celebrity Painter ‘Pookie’ Wei Accused in Mafia-Linked NBA Poker ScamCelebrity Painter ‘Pookie’ Wei Accused in Mafia-Linked NBA Poker Scam


The Poker Scheme Connection

Federal prosecutors accuse Wei of joining a large underground poker scam linked to New York’s Five Families. The operation used former NBA players to attract wealthy gamblers into rigged games. Once inside, players faced advanced cheating systems involving electric shufflers, X-ray tables, and contact lenses that revealed secret card markings.

An off-site handler allegedly guided the cheaters by telling them who had the best hands. The setup allowed the ring to drain millions from unsuspecting high rollers. Portland Trail Blazers coach Chauncey Billups was reportedly among the NBA figures used to lure victims. A 2019 photo showed Wei sitting near him at one of the games.

Celebrity Painter ‘Pookie’ Wei Accused in Mafia-Linked NBA Poker ScamCelebrity Painter ‘Pookie’ Wei Accused in Mafia-Linked NBA Poker Scam


Arrest and Fallout

Authorities charged Wei with wire fraud and money laundering conspiracy, naming her one of 31 defendants in the case. She posted $100,000 bail and returned home under court supervision. In court, she wore a “World Series of Poker” sweatshirt and pleaded not guilty.

Wei’s former landlord said she skipped rent and left behind a nude self-portrait painted on her Queens apartment wall — a strange ending to the life of an artist who mingled with fame but now faces federal charges.

 

Study Confirms Cocoa Can Counteract the Detrimental Vascular Effects of Sitting

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Sitting has often been referred to as the new smoking thanks to its negative health benefits. For the first time ever, according to researchers in England, the flavanols in cocoa have been found to block its detrimental effects on blood vessels.

At a time when we’re spending more of our days sitting down than ever before, the negative effects of this seated position continue to become clear. One study, for example, showed that every two-hour increment spent sitting and watching TV increased the risk of obesity by 23% and diabetes by 14%. Another showed that each one hour of sitting spikes the risk of developing sarcopenia – the age-related loss of skeletal muscle mass and strength – by 33%. Additional studies have also shown how sitting can cause neck, lower back, and shoulder pain.

So a lot of sitting is clearly bad for us. But a new study offers some hope to desk jockeys and couch-locked Netflix junkies in the form of … cocoa.

One of the reasons sitting is so bad for us is that it restricts the function of our vascular system. When that function is impaired, even by just a little, it can boost our chances of getting major cardiovascular diseases like heart attacks and strokes.

Because previous research has shown that compounds known as flavanols can have protective effects on our cardiovascular systems, researchers at the University of Birmingham in the UK wanted to see if they could directly impact our blood vessels while sitting.

So they rounded up 40 healthy young men between the ages of 18 and 45. By measuring their peak oxygen consumption, or VO2 peak, 20 were considered “high fit” while the other 20 were considered “low fit” based on both health challenges and low VO2 peaks.

The researchers then split the groups further and gave half of the high-fit group a cocoa drink that was high in flavanols and the other half a cacao drink that was low in flavanols. They did the same in the low fit group. They then plopped them in chairs and had them sit for two hours.

Flavanols over fitness

The researchers next used a method called brachial Flow-mediated dilation (FMD) to measure the vascular function in all of the participants’ arms and legs.

They found that in both the high-fit and low-fit group, those who had the high-flavanol cocoa beverage, which contained 695 mg of total flavanols, showed no FMD decline in the arteries in their arms and legs. Those in both groups who drank the low-flavanol beverage, which had just 5.6 mg of flavanols per drink, did show FMD declines in their arm and leg arteries as well as higher diastolic blood pressure readings and decreased blood flow, which led to declines in muscle oxygenation.

“Our experiment indicates that higher fitness levels do not prevent the temporary impairment of vascular function induced by sitting when only drinking low-flavanol cocoa,” says study co-author Sam Lucas. “Importantly, after the high-flavanol drink, both fitter and less-fit participants kept their FMD the same as it was before sitting for two hours.”

The researchers say this is the first time that flavanol intake was shown to have a protective effect on arteries regardless of baseline fitness.

If cocoa’s not your, um, cup of tea, you can certainly get your flavanols elsewhere. Study co-author Alessio Daniele says apples, plums, berries, nuts and – yes – green and black tea – are all good sources of the compounds. Red wine provides them as well, as does kale, tomatoes, and peaches.

“Given how common sedentary lifestyles have become and the increased risk this can have to vascular health, using flavanol-rich food and drink, especially in combination with breaking up periods of inactivity by going for a short walk or standing up, could be a good way to enhance long-term health, no matter the individual’s fitness level,” concludes study co-author Catarina Rendeiro.

The work has been published in the Journal of Physiology.

Source: University of Birmingham

South Korea reduces certain tariffs in new trade agreement with US

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Koh Ewe,Singapore and

Kathryn Armstrong,London

Getty Images U.S. President Donald Trump smiles as he stands next to South Korean President Lee Jae MyungGetty Images

The meeting comes as both countries are still trying to reach a trade deal

The US and South Korea have reached a broad trade deal, both countries have said following talks between their leaders.

South Korea’s presidential aide, Kim Yong-beom, said the two sides will keep reciprocal tariffs at 15%, as was agreed earlier this year, but that the taxes on car and car parts would be lowered.

South Korea will also invest $350bn in the US, including $200bn in cash investment and $150bn in shipbuilding, Kim said.

US President Donald Trump, who is currently on a week-long trip in Asia, said the deal was “pretty much finalised” at a dinner following the discussions, which lasted almost two hours. He did not give further details.

“We had a tremendous meeting today with South Korea”, Trump said, adding that “a lot was determined”.

“We discussed some other things to do with national security et cetera. And I think we came to a conclusion on a lot of very important items.”

Both sides had played down the prospect of a breakthrough ahead of Wednesday’s talks – disappointing many in South Korea’s electronics, chip and auto industries, which had been hoping for some clarity amidst the tariff chaos.

Trump had slapped a tariff rate on Seoul of 25% earlier this year – which South Korean President Lee Jae Myung managed to negotiate down to 15%, after Seoul said it would invest $350bn in the US and buy $100bn worth of liquified natural gas.

But the White House later increase its demands as part of the trade talks, with Trump pushing for cash investments in the US.

Both countries have historically been key allies – but tensions spiked after hundreds of South Koreans were detained in an immigration raid in the US last month.

Trump will next meet his Chinese counterpart Xi Jinping in on Thursday on the sidelines of a summit of the Asia-Pacific Economic Cooperation (Apec) which is taking place in Gyeongju.

China’s foreign ministry has confirmed the meeting, which will take place in the city of Busan on Thursday, a short flight away from Gyeongju.

The US president said on Wednesday that he was “looking forward” to the meeting.

“We’ve been talking a lot over the last month and I think we’re going to have something that’s gonna be very, very satisfactory to China and to us.”

This will be the two leaders’ first face to face meeting since Trump assumed office in 2025 and imposed tariffs on every country in the world.

Addressing a group of CEOs in Gyeongju on Wednesday, Trump said that he believes the US is “going to have a deal” with China and it will be “a good deal for both”.

He also praised the Apec countries for making the global trading system, which he said had been “broken” and “in urgent need of reform”, fairer.

“Economic security is national security,” Trump says. “That’s for South Korea, that’s for any country.”

Golden crowns and grand orders

Ahead of Wednesday’s talks with President Lee, Trump had been greeted by an honour guard and gifts that included a golden crown.

“I’d like to wear it right now,” Trump had said of the crown.

He also received the Grand Order of Mugunghwa, South Korea’s highest decoration.

He’s the first US president to receive the award, which was given “in recognition of his contribution to peace on the Korean Peninsula”, the South Korean presidential office said.

Both leaders took part in a working lunch – which was followed by a private meeting in the afternoon.

Reuters Donald Trump is presented with the "Grand Order of Mugunghwa" and a replica gold crown during a meeting with South Korean President Lee Jae MyungReuters

The US president was gifted a golden crown and the Grand Order of Mugunghwa, South Korea’s highest decoration

Trump’s arrival in South Korea had been preceded by North Korea test-firing surface-to-air cruise missiles.

The US president had expressed interest in meeting North Korean leader Kim Jong Un but noted on Wednesday that his team had been unable to arrange this during his trip.

Noting the long-standing tensions between North and South Korea, Trump said “we will see what we can do to get that all straightened out”.

And outside the summit venue where both leaders were meeting, a small anti-Trump group of protesters gathered on Wednesday afternoon, with some shouting anti-Trump slogans. Police could be seen forcibly dispersing the crowd and arresting some people.

However, hundreds more attended a pro-Trump rally – including those who shouted anti-Chinese rhetoric – also took places close to the summit venue.

Anti-Chinese sentiment in South Korea has also grown steadily in recent years. Chinese interference became a common trope in conspiracy theories about former South Korean president Yoon Suk Yeol.

BBC/Leehyun Choi Police officers wearing masks and hi-vis jackets carry a man BBC/Leehyun Choi

Dozens of people attended a protest outside the Gyeongju National Museum on Wednesday

During his trip to Japan on Tuesday, the US president signed an agreement on rare earth minerals with Tokyo, as well as a document heralding a new “golden age” of US-Japan relations. This reiterated the commitment of the two countries to implement deals struck earlier, including the 15% tariff deal negotiated earlier this year.

Prior to that, he attended a gathering of South East Asian leaders, known as Asean, in Malaysia. There he presided over a “peace deal” between Thailand and Cambodia, whose longstanding border dispute erupted into open conflict in July.

With additional reporting by Laura Bicker, China Correspondent and Suranjana Tewari, Asia Business Correspondent

EU reopens investigation into UMG’s Downtown deal, establishes new deadline for final decision

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The European Commission has restarted its probe into Universal Music Group‘s proposed acquisition of Downtown Music Holdings.

Europe’s competition authority temporarily paused the inquiry into the deal in September while waiting for information requested as part of the investigation.

With the probe now restarted, the EC has also set a new provisional deadline of February 6, 2026 to decide whether to clear the merger (with or without conditions) or prohibit it entirely if competition concerns cannot be adequately addressed.

“We are continuing to work constructively with the European Commission,” a UMG spokesperson told MBW today (October 28).

They added: “We are confident that the Commission will recognize the benefits of the transaction for artists, labels, and independent music in Europe, and clear the transaction in a timely manner.”

The European Commission originally had until November 26 to make a final decision following its Phase II investigation into the deal, but ‘stopped the clock’ on September 2.

“The ‘clock’ in merger investigations can be suspended if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them (for its competition assessment) within a prescribed deadline,” a Commission spokesperson was cited by Reuters as saying at the time.

UMG’s Virgin Music Group revealed in December that it had agreed to buy Downtown Music Holdings LLC in a $775 million deal.

“We are confident that the Commission will recognize the benefits of the transaction for artists, labels, and independent music in Europe, and clear the transaction in a timely manner.”

UMG

Europe’s competition regulator announced in April that it was preparing to investigate the proposed acquisition and confirmed in July that it had opened an in-depth (Phase 2) inquiry, following an initial Phase 1 investigation.

The EC said in a press release in July that it had “preliminary concerns that the transaction may allow UMG to reduce competition in the wholesale market for the distribution of recorded music in the European Economic Area (EEA) by acquiring commercially sensitive data of its rival record labels”.

As news arrives about the continuation of the investigation and updated timelines for a decision, the global music industry debate about the deal’s implications continues.

Last week, indie rep IMPALA published a paper titled “Universal/Downtown – Why does it matter from a cultural diversity perspective?”, suggesting that UMG’s proposed acquisition would damage “cultural diversity” by reducing revenues for independent labels, leading to fewer and less diverse music releases across Europe.

IMPALA’s latest paper followed the organization’s “100 Voices” campaign launched earlier this month, featuring testimonies from indie reps urging the EC to block the deal. Signatories included the heads of BeggarsSecretly Group, and Exceleration Music, plus several smaller indie labels, and a collection of reps from trade bodies.

Earlier this month, Music Business Worldwide published a collection of views from leaders in the global independent music distribution space on the topic of Universal‘s proposed $775 million takeover of Downtown.

In September, Downtown Music CEO Pieter van Rijn issued an open letter commenting on UMG’s proposed acquisition of his company. Van Rijn addressed what he calls “whispering campaigns of misinformation that we have seen pervade the public debate” about the deal.

In July, Virgin Music Group’s bosses slammed what they called “juvenile and offensive falsehoods” spread by opponents of VMG’s planned Downtown acquisition.

Also in July, over 200 people signed a letter objecting to UMG’s proposed takeover of Downtown, including 20 employees from Beggars Group and Secretly Group companies.

On July 2, the European Composer & Songwriter Alliance (ECSA) issued an open letter to the European Commission urging it to block the planned acquisition.


As previously reported by MBW, the UMG-Downtown deal did not meet the EU’s standard turnover thresholds that would typically require notification to Brussels, but it did trigger notification requirements in both the Netherlands and Austria based on their respective national thresholds.

The EC decided to look into the deal because the Netherlands triggered a legal mechanism in EU competition law called Article 22. Austria subsequently joined the referral.

According to the EC, “the opening of an in-depth inquiry does not prejudge the outcome of the investigation”.Music Business Worldwide

Trump Receives Prize and Crown During South Korea Summit

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new video loaded: Trump, in South Korea for Summit, Is Given a Prize and Crown

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Trump, in South Korea for Summit, Is Given a Prize and Crown

President Lee Jae Myung of South Korea gave President Trump a replica of an ancient crown and a national prize. Crowds gathered nearby to protest his visit.

“As we give this medal to you, we convey our highest respect and appreciation to you for demonstrating the will to defend peace.” “President Xi of China is coming tomorrow here, and we’re going to be, I hope, making a deal. I think we’re going to have a deal. I think it will be a good deal for both.”

President Lee Jae Myung of South Korea gave President Trump a replica of an ancient crown and a national prize. Crowds gathered nearby to protest his visit.

By Shawn Paik

October 29, 2025