Will robots ever love us back?
<span style="color: rgb(51, 51, 51); font-family: sans-serif, Arial, Verdana, 'Trebuchet MS'; font-size: 13px; background-color: rgb(255, 255, 255);">I search for the most irrational, most passionate, and most likeable — or unlikeable — person in the room. Maybe they’re the theoretical robot mole — that is, if the scientists are doing their jobs right.</span>
Why Lionel Richie And Other Famous Investors Are Betting On This Uber For Health Care
The start-up has attracted $55 million in investment from such famous investors as singer Lionel Richie, Qualcomm executive chairman Paul Jacobs and billionaire film producer Thomas Tull of the Tull Investment Group. And it has just added a high-powered tech executive, Rish Tandon, the former general manager of mobile apps at Amazon.
Mnuchin Questioned On Offshore Funds At Senate Confirmation Hearing
Steven Mnuchin, the banking and hedge fund executive, and film financier who is President-elect Donald Trump's nominee to be the next secretary of the treasury, was grilled by lawmakers over his investments, including his use of a Cayman Islands address as a tax shelter for his hedge fund.
Alibaba Pictures To Acquire 30% Of Chinese Movie Investment Firm Hehe Pictures
Alibaba Pictures Group is to acquire a 30% stake in Chinese film investment company Hehe Pictures to become its second largest shareholder, the firm announced today.
LA Private Equity Exec David Bergstein Charged In Investment Scheme
U.S. authorities have arrested private equity executive and film producer David Bergstein on charges of defrauding investors of more than $26 million. read more
Team Behind 'Bleed For This' To Raise $100M Entertainment Fund
Today, he announced that Magna Entertainment—a fund vehicle that invests in independent content across music, film and television—is seeking to raise $100 million. As of now, the firm has invested between $10 and $15 to fund projects, including the upcoming and buzzy film Bleed For This starring Miles Teller.
Myanmar Slowly Adapts To Embracing Financial Investors
On a bright sunny day in mid-August, professionals from the local film industry in Yangon, Myanmar, attended a workshop to discuss ways to promote movies in the nation that was isolated for decades under military rule. Their plan included having a systematic schedule for movie screenings.
Steve Eisman Is Leading A Hedge Fund Revolution
Steve Eisman is somewhat of a celebrity in the hedge fund world. And after the release of the film adaptation of Michael Lewis’s The Big Short, Eisman has also become a star outside of the financial community as well. Eisman, who is played by Steve Carell in The Big Short, was one of the few hedge fund managers to realise the risk sub-prime mortgage borrowing presented to the US economy. His bets against the US housing market, banks and the wider equity market generated a return of more than 70% for his hedge fund investors during 2008. The handful of hedge...
Tencent-Backed STX Entertainment To Buy VR Content Producer Surreal
<span style="line-height: 20.8px;">STX Entertainment, a Hollywood film studio and distributor with backings from private equity investors and Tencent Holdings Ltd., is expanding into virtual reality (VR) with the acquisition of U.S. VR content producer, Surreal.</span>
China's Real Estate Baron Set To Seal Two Billion-dollar US Film Deals
Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood.