Apple is losing more than $1 billion per year on its streaming service, Apple TV+, according to a new report from The Information. Apple TV+ is the only service in Apple’s portfolio that isn’t profitable, the report reveals. The company has spent around $5 billion on content each year since the streaming service launched in […]
Apple is reportedly losing $1B per year on its streaming service
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Food delivery startup Wonder acquires media company Tastemade for $90M
Food delivery startup Wonder is acquiring media company Tastemade for around $90 million, according to The Wall Street Journal. Founded in 2012, Tastemade produces food, travel, and home videos and operates several free, ad-supported streaming television (FAST) channels. The acquisition gives Wonder access to a content studio, production company, and advertising business. Wonder will leverage […]
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Food delivery startup Wonder acquires media company Tastemade for $90M
TED Talks has put out an all-call for a new leader
Chris Anderson, who has run TED for 25 years, is looking to bestow the operation on anyone who has a good plan for its future, he announced in a blog post. TED is best known for its TED Talks, where ideas from tech to humor have been explored. It has featured famed tech moguls (Bill […]
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TED Talks has put out an all-call for a new leader
Ben Affleck tells actors and writers not to worry about AI
Unions representing Hollywood actors and writers went on strike last year to secure protections against AI systems taking their jobs. But Ben Affleck says that actors and screenwriters shouldn’t worry about AI because it’s not capable of doing either job today, and likely won’t for a long time. “Movies will be one of the last […]
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Ben Affleck tells actors and writers not to worry about AI
Meghan Markle is expanding her consumer portfolio
InStyle reported yesterday that Meghan Markle is an investor in the hair and wellness company Highbrow Hippie, founded by her colorist Kadi Lee and Myka Harris. The company was announcing the launch of a new hair care line and Meghan told the outlet that she was “proud to invest in her as a friend and […]
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Meghan Markle is expanding her consumer portfolio