Okay, I’m slightly less mad about that ‘Magnificent Ambersons’ AI project

When a startup announced plans last fall to recreate lost footage from Orson Welles’ classic film “The Magnificent Ambersons” using generative AI, I was skeptical. More than that, I was baffled why anyone would spend time and money on something that seemed guaranteed to outrage cinephiles while offering negligible commercial value. This week, an in-depth … Read more

Amazon’s ‘Melania’ documentary stumbles in second weekend

After a better-than-expected opening weekend in theaters, box office for Amazon’s “Melania” fell 67%, to an estimated $2.37 million, in its second weekend. The documentary about First Melania Trump has grossed a total of $13.5 million so far (almost all of that in the United States), which means it’s extremely unlikely the film — which … Read more

Crypto.com places $70M bet on AI.com domain ahead of Super Bowl

Just in time to create a new Super Bowl ad, Crypto.com founder Kris Marszalek has made the priciest domain purchase in history, buying AI.com for $70 million, according to the Financial Times. The deal, paid entirely in cryptocurrency to an unknown seller, shatters previous records. (Broker Larry Fischer, who facilitated the sale, is presumably celebrating … Read more

India has changed its startup rules for deep tech

Deep tech startups in sectors such as space, semiconductors, and biotech take far longer to mature than conventional ventures. Because of that India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products. This week, the Indian government updated its startup framework, doubling the period … Read more

‘Industry’ season 4 captures tech fraud better than any show on TV right now

HBO’s hit financial thriller “Industry” has delivered one of its most compelling storylines yet this season: a hunt to expose a fraudulent fintech company called Tender. The show follows Harper Stern, who’s leading her newly launched investment firm and looking for a company to short — essentially, betting that its stock will crash. After a … Read more

An AI startup founder says he’s planning a ‘March for Billionaires’ in protest of California’s wealth tax

The war on California’s proposed ‘Billionaire’s Tax’ is getting weird. This week, amid ongoing rancor from tech elites over the much maligned bill, it became apparent that someone was planning a so-called “March for Billionaires” in San Francisco. A website advertising the event popped up online, providing little in the way of context other than … Read more