Part Two’ hits theaters Friday amid box office drought

Part Two’ hits theaters Friday amid box office drought

Timothee Chalamet stars as Paul Atreides in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment “The arrival of ‘Dune: Part Two’ is coming at a point where the industry is looking for that momentum igniting blockbuster,” said Paul Dergarabedian, senior media analyst at Comscore. So far in 2024, no film has generated more … Read more

Walmart agrees to buy Vizio to grow ad business

Walmart agrees to buy Vizio to grow ad business

Vizio televisions are displayed at a store in San Rafael, California, on Feb. 13, 2024. Justin Sullivan | Getty Images Vizio shares, which spiked after reports of the deal first emerged last week, closed at $9.53 on Friday. They jumped 15% during premarket trading Tuesday. Walmart and its Sam’s Club warehouse chain have long been … Read more

Varda drug spacecraft gets FAA approval to return

Varda drug spacecraft gets FAA approval to return

Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has been stuck in orbit since … Read more

Wall Street misunderstands new sports joint venture

Wall Street misunderstands new sports joint venture

EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% and Scripps plummeted 24% as … Read more

Disney to take $1.5 billion stake in Epic Games, maker of Fortnite

Disney to take $1.5 billion stake in Epic Games, maker of Fortnite

Rafael Henrique | Lightrocket | Getty Images Disney is investing $1.5 billion for a stake in Epic Games, CEO Bob Iger said Wednesday, in its biggest bet yet on the gaming space. The media giant will work with the Fortnite studio to create new games and an entertainment universe where consumers can “play, watch, shop … Read more

New sports streaming platform: What to know

New sports streaming platform: What to know

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images Some of the motivations for the companies are clear, as they look to sports to help … Read more

PlayStation maker Sony invests in African gaming startup Carry1st

PlayStation maker Sony invests in African gaming startup Carry1st

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images The deal is a strategic investment that will see the two companies partner on a range of commercial opportunities. For now, the two companies are in the “exploratory stages” of that partnership. Cordel Robbin-Coker, CEO and co-founder of Carry1st, said … Read more

Netflix to stream WWE Raw starting next year

Netflix to stream WWE Raw starting next year

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program Raw starting next year, in Netflix’s first major foray into live sports. The deal 10-year deal is valued at more than $5 billion, according to a person familiar with the matter. Netflix, which is trying to drive revenue … Read more

Why Apple could win the next evolution of the AI arms race

Why Apple could win the next evolution of the AI arms race

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Apple’s loudest critics say the tech giant is playing catch up in the AI race. They blaming its underperformance last year, at least compared to its megacap tech peers like Nvidia, Amazon, Microsoft and Google, on its lack of a clear generative … Read more

Tanker firms halt Red Sea traffic after U.S. strikes Houthi militants

Tanker firms halt Red Sea traffic after U.S. strikes Houthi militants

An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canal Scott Nelson | Getty Images The companies are among the world’s largest operators of tankers for petroleum products such as gasoline, according to their websites. Stena Bulk also transports crude oil. “Considering these developments … Read more