Bloomberg The game “Pokemon Go” has caused distress in Cambodia, where some smartphone-wielding players have been chasing its virtual characters at a genocide museum that was a torture center in the 1970s. Tuol Sleng Genocide Museum director Chhay Visoth said Wednesday that he has posted signs at the site’s entrance and inside banning the popular game, which made its ...
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Smiley faces at small company making popular emoji apps
AP Mobile apps that allow users to create their own emojis or share the stylized images of NBA star Stephen Curry and other celebrities are paying off for a small upstate New York company. Moji Maker— with its mix-and-match menu of happy, angry or goofy faces — was the No. 2 paid app on the iTunes chart as of ...
Read More »Netflix fueling yet another record year of TV shows
Bloomberg The TV industry will make a record number of shows in 2017, as streaming services Netflix, Amazon and Hulu propel a swell in production that’s creating an oversupply, veteran Fox executive John Landgraf said during his semiannual presentation for critics. TV networks will make 500 original scripted shows in 2017, almost 20 percent more than the 419 produced ...
Read More »Self-driving cars spur heavy auto deal traffic in Silicon Valley
Bloomberg The auto industry’s self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation. The total value of automotive-supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far ...
Read More »Amid hunt for next ‘Thrones,’ Time Warner CEO charts TV’s future
Bloomberg Few media executives have embraced television’s digital future more than Jeff Bewkes. The chief executive officer of media giant Time Warner Inc. was an early promoter of making shows available anytime on any device. He’s started selling HBO to cord-cutters who don’t pay for cable. And this week, Time Warner bought a 10 percent stake in Hulu LLC, ...
Read More »Apple to plan first pro laptop overhaul in four years
Bloomberg Apple Inc. is preparing the first significant overhaul of its MacBook Pro laptop line in over four years, according to people familiar with the matter, using one of its older products to help reverse two quarters of sliding sales. The updated notebooks will be thinner, include a touch screen strip for function keys, and will be offered with ...
Read More »Alphabet GV CEO to quit venture capital arm
Relaxnews Bill Maris, founder and chief executive officer of Alphabet Inc.’s venture capital arm, will leave the company on Friday after building the firm GV into a Silicon Valley powerhouse. David Krane, a managing partner at the firm formerly known as Google Ventures, will succeed Maris as head of the group, a person familiar with the matter said. Krane, ...
Read More »Pokemon sued as ‘gamers pose safety threat’
Bloomberg Wahby Park in St. Clair Shores, Michigan, used to be a quiet spot for a dozen or so residents to go for a stroll around sunset. Then came hundreds of smartphone-wielding, garden-stomping Pokemon players. Now a couple in the lakeside neighborhood is suing Niantic Inc. and Nintendo Co. for allegedly turning the park into a nuisance and a ...
Read More »China’s video game economy a bright spot even without Pokemon
Bloomberg If you want an example of China’s rising consumer class, take a look at the burgeoning demand to play video games. Sales will jump an average 7.4 percent a year from 2016 to 2020, according to PricewaterhouseCoopers LLP. That’s higher than the 4.8 percent rate forecast for the industry worldwide, PwC said in its global entertainment and media ...
Read More »Disney reshapes TV with $1bn streaming deal, ESPN online
Bloomberg Walt Disney Co. reported third-quarter results that reflected tough times for its TV business and said it’s taking big steps in online video to adapt to changing consumer viewing habits. The world’s largest entertainment company said it will pay $1 billion for a one-third take in BAMTech, a technology and streaming business formed by Major League Baseball, and ...
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