Blumhouse is no longer producing Mattel’s Magic 8 Ball movie

Magic 8 Ball by Mattel Source: Amazon Blumhouse is no longer a producing partner of Mattel’s planned Magic 8 Ball film. On Friday, co-founder and producer Jason Blum told CNBC that the horror production power house was no longer attached to the toymaker’s project. “We developed it for a while, but we are no longer … Read more

Tech investor Meeks on buying FAANG stocks Apple, Netflix

As tech stocks stage something of a comeback, top investor Paul Meeks reveals his call on two FAANG stocks: Apple and Netflix . The tech-heavy Nasdaq has rallied about 20% from its low in June, while Apple and Netflix have soared around 30% and 50% respectively from their lows in the same month. Apple Meeks, … Read more

Apple iPhone battery percentage appears in status bar in iOS 16 beta

Apple’s iOS 16 Beta 5 shows battery percentage Todd Haselton | CNBC The fifth beta version of iOS 16 has a feature many iPhone users have been missing: The battery percentage in the status bar at the top of the screen. The notched display in the iPhone X, released in 2017, left little room for … Read more

Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tyson Foods , BioNTech , AIG, and Take-Two Interactive Software will report. Coinbase Global, Norwegian Cruise Line Holdings , Sysco , and Ralph Lauren go on … Read more

Warner Bros. Discovery CEO Zaslav embraces linear TV as he plans a streaming future

David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The biggest decision for any big media chief executive officer is how much … Read more

Twitter v. Musk: Why the Court of Chancery Will Never Order Specific Performance.

Text size A court could compel Tesla chief executive Elon Musk to purchase Twitter, but could it compel him to operate it in the best interest of shareholders? Al Drago/Bloomberg About the author: Carliss Chatman is associate professor at Washington and Lee University School of Law. When Elon Musk decided to terminate his $44 billion … Read more

Elon Musk Files Response and Counterclaims to Twitter Lawsuit Over $44 Billion Deal

Updated July 29, 2022 6:29 pm ET Listen to article (1 minute) Elon Musk formally responded to Twitter lawsuit seeking to force him to go through with his $44 billion takeover of the social-media platform and included counterclaims against the company. The filing Friday was made confidentially and isn’t viewable by the public. It isn’t … Read more

iPhone shipments surge in Q2 despite Covid lockdowns

Apple’s smartphone shipments in China jumped sharply in the second quarter, even as the country faced Covid-related lockdowns in major cities, according to a new report. In the second quarter, Apple shipped 9.9 million iPhones in China — up 25% year-on-year, market research firm Canalys said in a report published Friday. UBS analysts also said … Read more

Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters

Twitter cited a new British law in a legal letter to Elon Musk, in what lawyers say may indicate that the UK government had concerns about what the $44bn transaction would mean for UK national security. Twitter’s legal team demanded the billionaire comply with his obligations under the merger agreement “including by taking all steps … Read more

`Fantastic Four` to be released on November 2024, soon becomes MCU phase 6 part – Kevin Feige

The Marvel Phase 6 also announced two Multiverse Saga-ending `Avengers` movies. These two are `Avengers: The Kang Dynasty` and `Avengers: Secret Wars`. Both are to be released in 2025, said IANS.