The arthouse market is currently experiencing a surge in exciting and unique films that are attracting both critical acclaim and audience attention. One of the most recent releases, “Kinds Of Kindness” directed by Yorgos Lanthimos and starring Emma Stone, is creating quite a buzz. This film is expected to have the best limited opening of
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The future of artificial intelligence seems to be rapidly approaching, with Masayoshi Son, CEO of SoftBank, predicting that a new era of super intelligence is on the horizon. Son’s vision includes the development of artificial super intelligence (ASI), which he believes will be 10,000 times smarter than any human genius. This astounding revelation challenges the
After a whirlwind couple of weeks in the industry, Rob Westerling is making a return to Harkins Theatres as its VP of Content & Programming in Scottsdale, AZ. This move comes on the heels of his short-lived stint as the SVP of U.S. Content at Regal Cinemas, a position he left after just two weeks.
After eight successful years at Kino Lorber, Wendy Lidell, the Senior Vice President of Theatrical Acquisitions and Distribution, is set to depart the company at the end of June. This news comes as a significant shift in leadership for the indie distributor, as Lidell has been instrumental in overseeing all theatrical acquisitions and distribution efforts
Nvidia, a company at the forefront of generative artificial intelligence, saw its shares surge by 5% to $1,224.40 on Wednesday, reaching a remarkable milestone of a market cap above $3 trillion for the first time. This achievement comes as investors eagerly seek to invest in a company that has been driving the boom in AI
Recent reports suggest that Paramount and Skydance have reached an agreement to merge their operations. This merger, spearheaded by David Ellison’s Skydance and backed by private equity firms RedBird Capital and KKR, could potentially reshape the landscape of the entertainment industry. The negotiations have been intensive, with both parties working towards finalizing the terms of
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup’s annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Dutch digital bank Bunq has set its sights on obtaining a banking license from UK financial regulators, with hopes of achieving this milestone by the end of the year or early next year. CEO and founder Ali Niknam expressed optimism about the process, acknowledging the differences in regulatory requirements between the UK and other European
One of the recent films that have made a splash in limited release is Marco Bellocchio’s *Kidnapped: The Abduction of Edgardo Mortara*. Set in mid-19th century Bologna, the film tells the true story of a six-year-old Jewish boy who was abducted by the Catholic Church in 1858. The boy, Edgardo, was taken to Rome and
Red Lobster, a well-known seafood chain, recently filed for Chapter 11 bankruptcy protection. This move is part of the company’s strategy to reduce its size and attract potential buyers. The company disclosed that it has received a preliminary bid from its current lenders to acquire the business, unless a higher offer is presented. In a
The CEO and co-founder of Navan, Ariel Cohen, has been diligently preparing the company for an eventual initial public offering this year. With recent adjustments to the leadership structure and board of directors, Navan is showing signs of maturity and readiness for the public markets. Rich Liu, an expert in scaling companies from seed to
Tycoon Elon Musk’s arrival in Bali for the planned launch of SpaceX’s Starlink internet service signals a significant development in Indonesia’s quest to boost internet penetration and health services. The Indonesian government views this collaboration as a crucial step towards ensuring equal access to the internet across the country, particularly in remote areas where connectivity
The Dow Jones Industrial Average has made headlines by breaking above the 40,000 mark, a feat that seemed unimaginable just a year ago. This remarkable achievement has been driven by investor optimism surrounding the potential for artificial intelligence to boost corporate profits and the likelihood of the Federal Reserve cutting rates as inflation eases post-pandemic.
The late Charlie Munger, a revered investment icon, was recently honored through a stunning bronze bust sculpture at the Omaha Marriott during the Berkshire Hathaway annual meeting. This 24-inch tall sculpture became a focal point for guests at the hotel, captivating the attention of Berkshire shareholders and even Munger’s daughter, Wendy, and his longtime executive