Tech
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Apple and Amazon Are Betting Big on Movie Theaters – and Netflix Risks Being Left Behind | Analysis
The streamer’s Big Tech rivals are seeing the benefits of wide releases and are increasing their investments in cinematic distribution
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Movies
Available to WrapPRO members
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TikTok’s CEO Isn’t the Boss | PRO Insight
In a hearing before Congress, Shou Zi Chew came off like an underling
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Tech
Available to WrapPRO members
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Apple Joins Tech, Entertainment Rivals Ramping Up Demands for In-Office Work
Twitter, Disney, Warner Bros. Discovery, Amazon and Meta Platforms are among the companies pushing for more bodies at desks
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One of Hollywood’s Top Tech Consultants Calls Out ‘Gendered Feedback’ in the Workplace
Office With a View: Innovation expert Fareeda Ahmed had to get past her own impostor syndrome to emerge as a powerful advisor to studios and other media companies
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Tech
Available to WrapPRO members
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Character.AI Chatbot Startup Draws $1 Billion Valuation After Andreessen Horowitz Funding
The company raised $150 million in a round led by the venture capital firm
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House Committee Rails Against TikTok as CEO Defends App: ‘Algorithm Preys on Vulnerable People’
House Energy and Commerce Committee members grilled Shou Zi Chew, expressing a willingness to ban the app over privacy issues
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Hiring Platform Indeed Lays Off 2,200 Employees Amid Job Postings Drop
CEO Chris Hyams said in a company memo Wednesday that “roughly 15% of our team” will be let go
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Andreessen Horowitz Leads $40 Million Funding Round for Blockchain-Based Multiplayer Game
Developer CCP Games will incorporate the new title into its Eve Online Universe
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Web3 Done Right: Token-Gated Access May Be the Ticket for Hollywood | PRO Insight
Keep it simple, give fans something new and memorable and don’t confuse them with talk about NFTs, crypto wallets and blockchain
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Tech
Available to WrapPRO members
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Amazon Layoffs to Continue With 9,000 Jobs Cut
Decisions are expected to be made over the next few weeks, CEO Andy Jassy said in a Monday morning memo to staff
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How Finance Invaded Tech and Sparked the Silicon Valley Bank Backlash | PRO Insight
People don’t see the technology industry as they once did – and it almost cost the sector a rescue
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Tech
Available to WrapPRO members
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TikTok Chinese Owner ByteDance Accused of Spying on American Journalists in Justice Department Probe
The DOJ has launched an investigation into possible spying by parent company ByteDance
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Trump Media Group Investigated by Feds for Money Laundering (Report)
Investigators examined two loans wired to the former president’s social media company from two entities with suspected ties to Russia
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Spotify Has Paid Out $40 Billion to the Music Industry – So Why Is No One Happy? | PRO Insight
Maybe the industry should take a closer look at Apple, which set the rules of the game for digital music two decades ago
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Tech
Available to WrapPRO members
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BuzzFeed Has Most of Its Cash in Failed Silicon Valley Bank
The company, which reported $56 million in cash and equivalents at the end of 2022, says its operations won’t be disrupted
