 
The big news of the day is the resignation of X CEO Linda Yaccarino after two years at the helm of the social network. It must have been a difficult tenure, having to balance presenting X (formerly Twitter) as a credible platform for advertisers with an owner in Elon Musk who, let's face it, has a predilection for going rogue.Case in point: Her announcement comes amid another X controversy, with its Grok AI model having an antisemitic meltdown, which Musk today blamed on it being "too eager to please and be manipulated."That's one headache Yaccarino won't have to deal with anymore. Roger Cheng PS: We just kicked off a free 2-week trial of WrapPRO. If you’ve been wanting to check out our full coverage, now’s the time. Feel free to forward the news. 
"Superman" is riding a wave of positive reviews and early buzz from fans getting a sneak peak, so its poised to open big this weekend. But just how massive that box office opening will be remains a question. On the conservative side, Warner Bros. is targeting $100 million, while more optimistic estimates peg it at $150 million, which would put it in the top five highest openings ever for a DC film before inflation. The uncertainty is a sign of the unpredictable nature of the theatrical marketplace, as well as how much scrutiny surrounds the film and DC Studios' efforts to craft a new cinematic universe. The stakes are high, to say the least. MUST READ 
A little more than two years ago, Linda Yaccarino shocked the media world when she left NBCUniversal to take over as CEO of X. Today she leaves the social media platform in a different place. CATCH UP 
Super Controversy: Brian Lowry examines the political baggage that weighs on "Superman" ahead of its premiere Meltdown: Elon Musk blames X's antisemitic AI debacle on Grok being "too eager to please" Time to leave?: Washington Post CEO Will Lewis told staffers who aren't comfortable with the changes at the company to take the buyout Sneak Peek: "Project Hail Mary" is the biggest original film trailer ever with 400 million first-week views DATA POINT 
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Nvidia, the AI chipmaker that now has a media and entertainment division, becomes the first company to hit $4 trillion in market capitalization (Bloomberg) OpenAI plans to launch an AI-powered web browser in a direct attack against Google and its popular Chrome browser (Reuters) Foldable phones were a novelty just a few years ago, but Samsung's latest Galaxy Z Fold is in its seventh generation. Where's that foldable iPhone, Apple? (Engadget) Want more? Explore WrapPRO now. This report provides a high-level analysis of daily developments within the entertainment sector. It compiles crucial data points and insights from industry leaders, highlighting key trends and shifts in business strategies. |
