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Gucci Works Its Socks Off to Be Cool Again
A big test for the fashion brand comes in September Source link
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
Exceptions Allowing Some Movie Sets to Work Test Solidarity in Hollywood
As strike continues, some call agreements for independent films scabbing, while others say the deals are a fair way to keep the cameras rolling. Source
Warner Bros. Discovery Revenue Falls
The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. Source link
Meta's Ray-Ban Smart Glasses Fail to Catch On
The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.
Movie-Theater Behavior Has Gone Off the Reels
Theaters were once a no-phone zone. Now people are using devices without remorse. Source link
Yellow's Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by
Meta Offers to Seek Consent for Highly Personalized Ads in Europe
Under pressure from privacy regulators, Meta Platforms has proposed asking all users in Europe to decide whether they would like to see ads targeted based
Elon Musk's X Sues Nonprofit That Accused It of Allowing Hate Speech
The social-media company alleges that the Center for Countering Digital Hate prepares its research using flawed methodologies to censor viewpoints it disagrees with. Source link
Fox to Wind Down Sports-Betting Site Fox Bet
The broadcaster is closing its sports-betting venture after it failed to grow as quickly as more dominant competitors in the market. Source link