Apple Music to open a new studio in Culver City
Apple Music on Monday said it’s opening a three-story studio in Culver City this summer that will have a 4,000-square-foot soundstage for live performances and fan events. “With this new…
Holiday Trading, Trade Negotiations and Other Key Things to Watch this Week
Magnifying glass showing the words Pre Market by Evan_huang via Shutterstock Markets enter the final week of June with the S&P 500 ($SPX) (SPY) maintaining resilience near recent highs despite…
AI is controversial in Hollywood. For China’s film business, it’s no holds barred
Hollywood’s relationship with artificial intelligence is fraught, as studios balance the need to cut costs with growing concerns from actors, directors and crew members. But in China, efforts to use…
Fiserv Gains Attention After Stablecoin Launch; William Blair Maintains Outperform Rating
Fiserv, Inc. (NYSE:FI) ranks among the best fundamental stocks to buy according to hedge funds. Following Fiserv, Inc. (NYSE:FI)’s stablecoin announcements, William Blair kept its Outperform rating on the company…
Randall Emmett pays long-standing WGA debt amid Scorsese project
The Writers Guild of America West has removed Randall Emmett from its “strike list” after the film producer paid $630,000 to resolve a judgment in a long-standing dispute over unpaid…
Gold opens below $3,300 after S&P 500 sets new high
Gold (GC=F) futures opened at $3,284.30 per ounce Monday, up 0.3% from Friday’s close of $3,273.70. This is the first time since June 2 that gold has opened below $3,300.…
Netflix to livestream rocket launches and spacewalks with NASA streaming deal
Netflix is already home to popular dramas like “Squid Game,” movies and live boxing matches. The next frontier for the streamer: live rocket launches from NASA. The streaming giant on…
US to resume trade talks after Canada ditches tax on tech giants | Canada
The United States has said it will resume trade negotiations with Canada immediately, hours after prime minister Mark Carney’s government abruptly scrapped their digital services tax on US technology companies.…
Oracle stock set to notch fresh record after disclosing multiple cloud services deals
Oracle stock (ORCL) jumped more than 5% midday Monday and was on track to hit a record closing high after the software giant disclosed that it inked new multibillion-dollar cloud…
Blue Shield of California draws alarm over out-of-state restructuring
Last year, regulators approved a request by Blue Shield of California, the state’s third-largest health insurer, to restructure and establish a new parent corporation in Delaware. The Oakland-based nonprofit got…