504 place 0

931 What Thrive Capital’s A24 Investment Means for Hollywood and AI

The Information
Kate Clark @ The Information · 06/26/2024 20:00 EDT

What Thrive Capital’s A24 Investment Means for Hollywood and AI

I'd prefer that artificial intelligence stay out of filmmaking, but like any other industry, AI is bound to disrupt Hollywood, especially if it’s left up to venture capitalists. News this morning proves it. Independent film studio A24 announced that it has raised money from New York venture capital firm Thrive Capital, run by Josh Kushner—brother of Jared Kushner. I hear that Thrive invested $75 million of a $250 million round that values the company at $3.5 billion, or slightly higher than A24’s asking pri

To see detailed statistics for the news please log in »

Read the original

Add your comment
You must be logged in with Facebook to read and write comments.

A newsletter a day!

You may get 10 most important news around midday in daily newsletter. Press the button and we will send you the most important news only, no spam attached.

or register

LIKE us on Facebook so you won't miss the most important news of the day!

News from the same source
The Information The Information
Business Insider
Insider Inc. @ Business Insider 1 place · 07/05/2024 08:53 EDT

Biden said he's proud to be the 'first black woman' to serve in the White House in his latest verbal slip-up

It comes just days after Biden's debate with former US president Donald Trump, which was marked by verbal gaffes and confusing statements. Read more

1,151

🔮
06.07.2024 ♈︎ Today the stars are favorable to you, dear Aries! Your love life is at a... Read more ›
Gizmodo
Lucas Ropek @ Gizmodo 1 place · 07/05/2024 17:00 EDT

Oklahoma, Alabama Now Have AI-Powered Vending Machines That Sell Bullets

In a questionable new trend, supermarkets in the South now seem to be selling bullets right out of a dispenser. Read more

1,034

Gizmodo
Sabina Graves @ Gizmodo 2 place · 07/05/2024 17:40 EDT

Emma Roberts Thinks the Internet Ruined Madame Web

A single line of dialogue in the trailer sparked a frenzy of memes, and paved the way for how the superhero movie was received. Read more

946

Business Insider
Erin Snodgrass @ Business Insider 2 place · 07/05/2024 21:52 EDT

Biden says he'd be okay losing to Trump, 'as long as I gave it my all'

Biden suggested he would be OK losing to Trump in November as long as he gave it his all — undercutting the heart of his 2024 presidential platform. Read more

807 fresh

Business Insider
Kwan Wei Kevin Tan @ Business Insider 3 place · 07/05/2024 05:29 EDT

Elon Musk mocks Mark Zuckerberg's big hydrofoil swag moment, says he prefers to work instead of having fun on yachts

"May he continue to have fun on his yachts. I prefer to work," Musk said of the hydrofoiling video that Zuckerberg posted to social media. Read more

531

Eurogamer.net
Tom Phillips @ Eurogamer.net 1 place · 07/05/2024 11:39 EDT

Nintendo pledges "action" over inappropriate use of its characters so players "not made to feel uncomfortable"

Nintendo has responded to concern over the inappropriate use of its characters online and said it would take "appropriate action" against anything that would make some players "feel uncomfortable". Nintendo president Shuntaro Furukawa was recently questioned by a shareholder who said they had "come across cases on social media where Nintendo IP and games are used inappropriately". This "inappropriate" use of Nintendo's characters "poses the risk of damaging" the company's... Read more

451

Business Insider
Brent D. Griffiths @ Business Insider · 07/05/2024 21:10 EDT

Joe Biden said only God could get him to drop out of the presidential race

President Joe Biden flashed his trademarked stubbornness when asked just who could get him to reconsider dropping out of the 2024 race. Read more

348 fresh

Business Insider
Jaures Yip @ Business Insider · 07/05/2024 15:48 EDT

Mark Zuckerberg is leaning into his meme era

The memification of Mark Zuckerberg continues — but lately, the CEO seems to be just as in on the jokes. Read more

325

SlashGear
SlashGear 1 place · today 01:00 EDT

What To Check If Copy & Paste Keyboard Shortcuts Aren't Working On Your PC Or Mac

What would happen if Ctrl+C or Ctrl+V stopped working? As unthinkable as that might sound, it can and does happen to Mac and PC users. Read more

315 fresh

Business Insider
Ellyn Lapointe,Jessica Orwig @ Business Insider · 07/05/2024 16:10 EDT

Scientists studied 1,200 cats to determine why they scratch up furniture and how to stop it

Cats will scratch up your furniture for a number of reasons but one of the most noteworthy is if there's a kid in the home, according to a new study. Read more

289

Tom's Hardware
Tom's Hardware 1 place · 07/05/2024 16:33 EDT

AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report

As AI companies increase their investments in infrastructure, their revenues are not growing that fast, financial analysts note, implying that AI could become a bubble. Read more

266

Vox
Eric Levitz @ Vox 1 place · 07/05/2024 23:40 EDT

In an ABC interview, Biden charts a course for Dems’ worst-case scenario

In his first interview since last week’s disastrous debate, Joe Biden appeared too frail to defeat Donald Trump and too delusional to end his campaign.  Far from easing anxieties about his candidacy, the president’s sit-down with George Stephanopoulos of ABC News should further alarm Democratic leaders. Biden’s remarks indicated that his party may be heading […] Read more

263 fresh

Gizmodo
James Whitbrook @ Gizmodo 3 place · 07/05/2024 18:30 EDT

No, That Acolyte Planet Is Not Where You Think It Is

Leslye Headland has seen your speculation about the unknown world Star Wars' latest villain calls home. Read more

257 fresh

Business Insider
Erin Snodgrass @ Business Insider · 07/05/2024 19:36 EDT

American Airlines flight had to make emergency landing after man exposed himself and urinated in aisle, authorities say

An American Airlines flight was diverted this week after a 25-year-old man exposed himself and urinated in the aisle mid-flight, authorities said. Read more

236 fresh

Business Insider
Thomas Novelly,Rebecca Kheel @ Business Insider · 07/05/2024 18:11 EDT

Biden and Trump are vying for the veteran vote in the 2024 race. Here's how their policies on veteran affairs stack up.

Joe Biden and Donald Trump have both sought to claim the mantle of veterans champion as each vies for a second term in office. Read more

228 fresh

Business Insider
Katherine Tangalakis-Lippert @ Business Insider · 07/05/2024 21:03 EDT

5 takeaways from Biden's interview with ABC News

President Joe Biden appeared Friday in his first interview since last week's debate, which his supporters saw as key to address his poor performance. Read more

205 fresh

Business Insider
Lloyd Lee @ Business Insider · 07/05/2024 21:30 EDT

Biden refuses to accept just how much trouble his campaign is in

President Joe Biden denied that his debate against Trump hurt him in the polls and is causing growing calls for him to step aside. Read more

201 fresh

Business Insider
Caralynn Matassa @ Business Insider · 07/05/2024 12:53 EDT

Gina Gershon's agents dropped her when she decided to play another gay character after 'Showgirls.' She doesn't regret forging her own path in Hollywood.

Gina Gershon looks back at becoming a queer icon with her roles in "Bound" and "Showgirls," what it was like working with Nicolas Cage on "Face/Off," and more. Read more

199

The most popular news from the same source for the last week
The Information The Information
The Information
Michael Roddan @ The Information 1 place · 07/02/2024 09:00 EDT

As résumés go, Derek Rundell’s is a doozy. The self-described serial entrepreneur briefly worked as a consultant for Michael Jackson, the late pop star, and he wrote, directed and acted in “Zombie Sitter,” a low-budget movie about a preteen navigating a post-apocalyptic world following a meteor shower that has turned the population into the walking dead. But in 2013, Rundell started working for a powerful client: Eric Schmidt, a longtime... Read more

43

The Information
Abram Brown @ The Information 1 place · 06/29/2024 09:00 EDT

Welcome, Weekenders! In this newsletter:The fame, feud and fortune behind billionaire Alexandr WangThe best high-tech spasPlus: An apocalypse found; a marvelous, murderous melodrama; and requiem for a reality TV star.Until this moment, it was hard to know how seriously to take Donald Trump’s emerging courtship of Silicon Valley leaders. Yes, he had a glitzy fundraiser at David Sacks’ Pacific Heights home earlier this month—and yes, he’d won over people like... Read more

33

The Information
Juro Osawa @ The Information 2 place · 07/04/2024 09:00 EDT

SoftBank’s $10 Billion-Plus Plan to Get Into the AI Race Centers on Power and Chips

The next phase of SoftBank CEO Masayoshi Son’s plan to make the company a leader in artificial intelligence is coming into focus. And it is complicated—and potentially costly. SoftBank has recently talked with banks about borrowing money to fund investment of up to $10 billion in energy-related projects, where AI is driving an enormous increase in demand, according to a person with direct knowledge of the discussions. SoftBank also is... Read more

21

The Information
Kalley Huang @ The Information 1 place · 07/01/2024 09:00 EDT

A Chatbot Pioneer Mulls Deals With Rivals Google and Meta

A year ago, Character.AI had the wind at its back. Founded by two artificial intelligence pioneers from Google, the startup had launched AI chatbots that offered what its far larger rivals hadn’t yet provided: something fun. Millions of people had signed up for its website and apps, intrigued by the chance to text with facsimiles of anime characters, TV personalities and historical figures in hyper-realistic roleplay. Executives discussed raising additional... Read more

18

The Information
Stephanie Palazzolo @ The Information 3 place · 07/02/2024 14:48 EDT

Runway, already the best funded among a cluster of startups developing artificial intelligence software to generate videos for Hollywood and more amateur filmmakers, is trying to strengthen that lead with a new round of financing. The firm is in talks with investors to raise $450 million at about a $4 billion valuation, according to a person involved in the deal and a person who spoke with Runway executives. General Atlantic,... Read more

12

The Information
Theo Wayt @ The Information 2 place · 07/03/2024 16:55 EDT

Amazon to Take Minority Stake in HBC-Neiman Marcus Tie Up

Saks Fifth Avenue parent company HBC has agreed to buy rival Neiman Marcus for $2.65 billion, with Amazon taking a minority stake in the newly combined company, the Wall Street Journal reported on Wednesday. The Journal did not report the size of Amazon’s stake in the new company, which will be ... Read more

11

The Information
Annie Goldsmith @ The Information 2 place · 06/29/2024 09:00 EDT

A massage, then maybe a dip in the pool? If that’s your idea of a spa day, then this will really get your brain twisted into knots: These days, the coolest, most exclusive spas are downright space age and come complete with amenities like high-definition cameras to assess scalp health, compression suits to promote healthy drainage of lymphatic fluid, and three-dimensional dermal scanning, which uses heat to show a body’s... Read more

1

The Information
Martin Peers @ The Information · 07/02/2024 19:59 EDT

Amazon’s Stock Record as Jassy Approaches Three-Year CEO Anniversary

Happy anniversary, Andy Jassy! Well, almost. On Friday, the Amazon CEO will celebrate the third anniversary of his ascension to the top job. And this year Jassy has something to really celebrate.Amazon’s stock closed today at $200, its highest point ever. It’s also 14% higher than when Jassy took the reins, which might not sound like a lot but, hey, don’t forget Amazon stock cratered with the 2022 stock market... Read more

1

The Information
Steve LeVine @ The Information · 07/01/2024 07:30 EDT

After two Tesla veterans launched Northvolt in 2017, the Swedish battery developer rapidly became Europe’s most prominent champion in the race to develop local electric vehicle and battery industries. Though it had never made a battery, the company announced a whirlwind of plans for vertical integration—plants across Europe and in Canada that would process lithium, make electrodes, manufacture batteries and recycle them when they were spent. Northvolt would make next-generation... Read more

0

The Information
Stephanie Palazzolo @ The Information · 07/01/2024 10:00 EDT

I never thought I’d say this about a nearly 50-year-old company, but Microsoft is turning out to be a trendsetter.First, Microsoft’s $10 billion investment and partnership with OpenAI early last year prompted rival cloud providers to team up with conversational artificial intelligence developers—namely, Amazon Web Services’ similar pact with Anthropic. Then Microsoft’s Copilot AI products set the roadmap of Google. Now, Microsoft seems to be teaching AWS how to do... Read more

0

Most popular sources

  • You see 684 news out of 684.
  • Sources 63 out of 63.
Business Insider 58% 10
Gizmodo 10% 9
Eurogamer.net 5% 4
Tom's Hardware 4% 1
Android Authority 4% 1
View sources »

LIKE us on Facebook so you won't miss the most important news of the day!

06.07.2024 02:51
Last update: 02:10 EDT.
News rating updated: 09:40.

What is Times42?

Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.


Times42 © 2024