MoviePass is officially dead as Helios and Matheson Analytics, which owns the now-defunct cinema ticket subscription service, has filed for Chapter 7 bankruptcy protection. The company disclosed the move in an SEC filing this week. Chapter 7 of the bankruptcy code dissolves an entity, whose assets are then sold off to repay creditors. Helios and […]
Jan 29 2020 | Posted in
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Facebook has picked British human rights expert Thomas Hughes to lead its new oversight board. The independent board will have the power to override Facebook decisions on contentious material. It will review videos, photos, and other content that Facebook removes. Mr Hughes started in the role a week ago, but Facebook is yet to announce […]
Jan 28 2020 | Posted in
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The UK has decided to let Huawei continue to be used in its 5G networks but with restrictions, despite pressure from the US to block the firm. The Chinese firm will be banned from supplying kit to “sensitive parts” of the network, known as the core. In addition, it will only be allowed to account […]
Intel today announced at the company’s Jan. 15 board meeting Andy D. Bryant stepped down as chairman and the board elected lead independent director Dr. Omar Ishrak to succeed Bryant as an independent chairman, effective immediately. Intel also announced that Alyssa Henry was elected to Intel’s board. Her election marks the seventh new independent director […]
Jan 21 2020 | Posted in
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The head of Google, and its parent company Alphabet, has called for artificial intelligence (AI) to be regulated. In a piece for the Financial Times, Sundar Pichai said it was “too important not to” impose regulation but argued for “a sensible approach“. He said that individual areas of AI development, like self-driving cars and health […]
Jan 21 2020 | Posted in
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Huawei chief financial officer, MS Meng, extradition hearings has started on Monday in Vancouver, BC courthouse., The US wants Ms Meng to stand trial on charges including fraud linked to the alleged violation of US sanctions against Iran. The court will hear arguments on whether the crime Ms Meng is accused of by the US […]
Jan 21 2020 | Posted in
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In a move at once unsurprising and highly symbolic, the Walt Disney Company is dropping the “Fox” brand from the 21st Century Fox assets it acquired last March. The 20th Century Fox film studio will become 20th Century Studios, and Fox Searchlight Pictures will become simply Searchlight Pictures. On the TV side, however, no final […]
Jan 17 2020 | Posted in
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Framingham, Massachusetts-based Bose plans to close all of he company owned retail stores in North America, Europe, Japan, and Australia. Bose opened its first physical retail store in 1993 The company announced the decision earlier today and pointed to the fact that its headphones, speakers, and other products “are increasingly purchased through e-commerce” as the […]
Google has announced a timeline for implementing new privacy standards that will limit third-party use of a digital tool known as cookies. Cookies track users’ internet activity and allow digital publishers to target advertising. Tech firms have faced pressure to increase privacy protections amid mounting data breaches. But analysts say the move gives Google more […]
THX Ltd., renowned for the certification of world-class cinemas, today announced an exciting lineup of new partner products featuring THX Achromatic Audio Amplifier (THX AAA), THX Spatial Audio and THX Certification. THX is also proud to announce together with TCL, one of the world’s best-selling consumer electronics brands and America’s fastest-growing television brand, a new […]
Jan 6 2020 | Posted in
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