Author: Daniel snow

Why Disney, Universal are making historic investments in theme parks

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The Walt Disney Company and Universal, two of the biggest names in theme parks, are both undertaking historic expansions to their experiences businesses.Universal Orlando Resort in May opened the gates to Epic Universe, its fourth theme park at its flagship resort. Epic cost an estimated $7 billion to build, according to numbers provided by the University of Central Florida. Brian Roberts, Chairman and CEO of Universal parent company Comcast, called it the “single-largest investment Comcast NBCUniversal has made in its theme park business”.”It’s so different than anything else that we’ve ever built, but certainly I think it’s different than anything…

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Warner Bros. Discovery to split into two public companies by next year

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Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.Warner Bros. Discovery will separate into Streaming and Studios, which will include its movie properties and streaming service HBO Max, and Global Networks, which will include CNN, TNT Sports and Discovery, among other businesses.CEO David Zaslav will take on that post in the Streaming and Studios company. Current CFO Gunnar Wiedenfels will become CEO of the Global Networks business.Warner Bros. Discovery expects to complete the split by the middle of…

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China extends olive branch to Western auto giants

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Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany.Sean Gallup | Getty Images News | Getty ImagesChina appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage.China’s Ministry of Commerce on Saturday said it was willing to establish a so-called “green channel” for eligible export license applications to expedite the approval process to European Union firms. A Ministry of Commerce spokesperson said Wang expressed hope that the EU would take “reciprocal steps” and adopt…

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We train AI like we train humans now, says Nvidia’s Jensen Huang

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Nvidia CEO Jensen Huang says artificial intelligence is the “great equalizer” because it lets anyone program using everyday language.Speaking at London Tech Week on Monday, Huang said that, historically, computing was hard and not available to everyone. “We had to learn programming languages. We had to architect it. We had to design these computers that are very complicated,” he said on stage alongside U.K. Prime Minister Kier Starmer.”Now, all of a sudden … there’s a new programming language. This new programming language is called ‘human.'”Conversational AI models were thrown into the spotlight in 2022 when OpenAI’s ChatGPT exploded onto the…

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