![]() ![]() DeepSeek Damage: Google, Microsoft Take Stock Hit on AI FearsBy Sean Burch DeepSeek, the hottest name in artificial intelligence, took a Chinese hammer to several tech companies on Monday, with Microsoft, Google and especially Nvidia seeing their stock prices take a noticeable hit. If you missed it, DeepSeek climbed to the top of Apple’s App Store this weekend — surpassing OpenAI’s ChatGPT — after releasing its R1 and R1-Zero models. DeepSeek, founded by Chinese entrepreneur Liang Wenfeng, quickly shook up the tech world — which you can read more about by clicking here — and spurred a Wall Street sell-off for several AI-focused companies, such as: ![]() Fuji TV Bosses Resign Following Sexual Misconduct Scandal Around HostBy Andi Ortiz The president and chairperson for Japanese network Fuji TV resigned on Monday morning following weeks of criticism on how they handled sexual misconduct allegations against host Masahiro Nakai. Back in December, Japanese magazines accused Nakai — who led the former boy band SMAP — of sexual assault, for which he later paid a hefty settlement. According to the allegations, the incident happened at a dinner that was arranged by Fuji TV staff. ![]() Sundance: Tame Stories Reflect an Indie World Battered by Economics, Culture WarsBy Adam Chitwood and Sharon Waxman This year’s Sundance Film Festival has had a muted debut, with entertaining but not outrageous features on topics from LGBTQ family ties to a twin-death-themed dramedy grabbing the spotlight, and documentaries leaning into decidedly uncontroversial themes of music figures and celebrity biopics. It’s a far cry from when Quentin Tarantino’s “Reservoir Dogs” burst onto the scene, or when adventurous fare like “The Blair Witch Project” and “Beasts of the Southern Wild” spurred filmmaking movements, and when charged movies like “Fruitvale Station” and “Get Out” demanded conversation. ![]() Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. |