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☆ Henry Kissinger Dies at 100: Latest News and Updates
▼ + stars: | 2023-11-29 | by ( Michael D. Shear | ) www.nytimes.com time to read: +5 min

For many in China, Henry A. Kissinger represented a now-bygone chapter in relations between China and the United States, when the countries seemed to be moving inexorably closer. In July, China laid out a red-carpet welcome for Mr. Kissinger, including an audience with Xi Jinping, the top leader. “China and the United States’ relations will forever be linked to the name ‘Kissinger,’” Mr. Xi said to Mr. Kissinger as the two men sat side by side in cream-colored armchairs. When Mr. Xi was on the cusp of power in 2012, he met Mr. Kissinger twice — once in Beijing and then in Washington. In a sign of the high regard in which he was held, Mr. Xi respectfully cited Mr. Kissinger’s views in speeches.

Persons: Xi Jinping, Henry A . Kissinger, ”, Mr, Kissinger, Nixon’s, Xie Feng, Biden, “, ‘ Kissinger, ’, Xi, Zhou Enlai, Li Shangfu, John F, Kirby, Kissinger “, Wu Xinbo, —, President Trump, Wu, Trump, Kissinger’s, Charles T, Munger, Lu Yeh, Lu Organizations: of, People, Global Times, Communist Party, Beijing, United, Mr, U.S . National Security Council, Institute of International Studies, Fudan University, National Chengchi University Locations: Beijing, State, China, United States, Washington, Communist, U.S, ” China, “ China, Diaoyutai, Shanghai, Philippines, Australia, Weibo, Taiwan, Taipei, “

☆ The top 10 most popular podcasts of 2023, according to Apple
▼ + stars: | 2023-11-29 | by ( Haley Tenore | ) www.businessinsider.com time to read: +8 min

Apple has released a list of the 10 most popular podcasts of 2023. Apple shared a roundup on Tuesday of the most popular podcasts of 2023. But today, we will be focusing on the top 10 podcasts overall, according to Apple. Denise Truscello"Stuff You Should Know" will, according to Apple Podcasts, teach you everything you need to know about science, history, religion, crime, and more. It is the top health and fitness-related podcast on Apple Podcasts and Spotify, according to the podcast's website.

Persons: Apple, —, Josh Clark, Chuck Bryant, Denise Truscello, Clark, Byrant, Shankar Vedantam, Chance Yeh, Andrew Huberman, Mark Zuckerberg, Priscilla Chan, Drew Angerer, Alaina Urquhart, Ash Kelley, Urquhart, Kelley, Glass, Astrid Stawiarz, Ira Glass, Chicago that's, Jason Bateman, Will Arnett, Sean Hayes, Frazer Harrison, Manny Carabel, Amy Sussman, Getty, Ryan Reynolds, Jennifer Aniston, Will Ferrell, Adam Sandler, Gary Hershorn, It's, Michael Barbaro, Sabrina Tavernise, Ashley Flowers, Audiochuck, Brit Prawat Organizations: Apple, Service, SYSK, NPR, The Washington Post, National Public, Public Radio Exchange, Getty, NBC NBC Dateline, NBC, Nielsen Media Research, The New York Times Locations: Stanford, Boston

☆ Taiwan Opposition Parties Unite Against Presidential Candidate China Sees as Threat
▼ + stars: | 2023-11-15 | by ( Joyu Wang | ) www.wsj.com time to read: 1 min

A deal between two Taiwan opposition parties is expected to bolster their chances against Vice President Lai Ching-te, a leading candidate of the ruling Democratic Progressive Party. Photo: sam yeh/Agence France-Presse/Getty ImagesTAIPEI—Taiwan’s two largest opposition parties reached a deal to collaborate in a pivotal election scheduled for early January that has major ramifications for Taiwan’s future and U.S.-China relations. Taiwan’s main opposition Nationalist Party, which favors closer relations with Beijing, said it would work with a third party founded by a former Taipei mayor to run jointly for the 2024 elections. The long-anticipated deal is expected to bolster the opposition’s chances against Vice President Lai Ching-te, a leading candidate of the ruling Democratic Progressive Party, which has forged tighter ties with the U.S., and is currently leading in the polls.

Persons: Lai Ching Organizations: Democratic Progressive Party, Agence France, Getty, TAIPEI —, Nationalist Party, U.S Locations: Taiwan, China, Beijing, Taipei

☆ Taiwan's opposition parties to decide on joint presidential ticket
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: +4 min

(L-R) Eric Chu, Taiwan's main opposition Kuomintang (KMT) chairman, Hou Yu-ih, KMT presidential candidate, Ma Ying-jeou, former Taiwan president and Ke Wen-je, presidential candidate from the Taiwan People's Party (TPP) pose following a meeting in Taipei on November 15, 2023. The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. Taiwan's two main opposition parties, which have vowed to renew talks with China, agreed on Wednesday to make a decision on a joint presidential ticket for January's elections, as the front-running ruling party decried interference from Beijing. It will unite Taiwan," Hou told business leaders after the talks. Lai says only Taiwan's people can decide their future and has repeatedly offers talks with Beijing, which has rejected the offers.

Persons: Eric Chu, Hou Yu, Ma Ying, Ke Wen, Sam Yeh, Lai Ching, Democratic Progressive Party's, Ko Wen, Hou, Tsai Ing, Chen Yi, Kou, Lai, Chen, Ma, Hsiao Hsu, Hsiao, China detests Lai, Ko, Terry Gou, Gou, TPP Organizations: Kuomintang, KMT, ih, Taiwan People's Party, SAM YEH, Getty, Democratic Progressive, Taiwan's Tamkang University, Beijing, DPP, Apple Locations: Taiwan, Taipei, AFP, China, Beijing, U.S, United States

Taiwanese contract manufacturer Foxconn’s headquarters. Photo: sam yeh/AFP/Getty ImagesFor decades, Apple has navigated an escalating series of challenges in China, from fake stores and factory protests to tightening censorship and app rules. Now, the iPhone maker risks getting dragged into the most volatile issue in U.S.-China relations: the future of Taiwan. On Sunday, Taiwanese contract manufacturer Foxconn Technology—one of Apple’s largest suppliers—said it is cooperating with Chinese authorities after state media reported China had opened tax and land-use probes into the company. The investigations come as Foxconn’s billionaire founder Terry Gou pursues a bid for the Taiwan presidency.

Persons: —, Terry Gou Organizations: Foxconn’s, Getty, Apple, Foxconn Technology Locations: AFP, China, Taiwan

☆ TSMC Thinks the Turn in the Chip Cycle Is Nigh
▼ + stars: | 2023-10-19 | by ( Jacky Wong | ) www.wsj.com time to read: 1 min

A wafer shown on screens at the TSMC Renovation Museum. Photo: sam yeh/Agence France-Presse/Getty ImagesThe world’s largest contract chip manufacturer thinks a turnaround in the semiconductor market is finally near. Demand related to artificial intelligence will also be a long-term boost—one that is already bumping up against supply constraints. The inventory buildup in the semiconductor supply chain has weighed on Taiwan Semiconductor Manufacturing Co. for the past few quarters. But both came out ahead of analysts’ forecasts on S&P Global Market Intelligence.

Organizations: Agence France, Taiwan Semiconductor Manufacturing, P Global Market Intelligence

☆ Armed with a heavyweight torpedo made to 'break ships in half,' Taiwan's first homemade submarine represents a new threat to China's navy
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

The vessel's ability to carry a powerful heavyweight torpedo capable of defeating ships and submarines — the US-made Mark 48, or Mk-48 — is a real eye-catching feature. The vessel — its English name "Narwhal" and Mandarin name "Hai Kun" — is the first sub of the island's Indigenous Defense Submarine program, a top priority in Taipei. AdvertisementAdvertisementTaiwan President Tsai Ing-wen receiving a submarine model in front of Taiwan's first locally built submarine, "Narwhal," during the vessel's unveiling ceremony at the CSBC Corporation shipbuilding company in Kaohsiung in September. US Navy/MC1 Michael B ZingaroOriginally designed in the late 1960s and deployed in the late 1980s, the Mk-48 torpedo was intended to counter advances in Soviet submarine technology. These considerations make the Mk-48 torpedo key.

Persons: —, Tom Shugart, who's, they're, Tsai Ing, Bryan Clark, Clark, Donald Trump, Michael B, It's, Shugart, MCSN Jaimar Carson, Huang Shu, kuang, they've, Philip Davidson, Michael B Zingaro, it's, Huang, wouldn't Organizations: China, Service, US, Center, New, New American Security, Indigenous Defense, CSBC Corporation, SAM, Getty, US Navy, Hudson Institute, Army, Pacific Command, Tomahawk, Maritime Locations: Taiwan, bulking, New American, Kaohsiung, Taipei, AFP, Los Angeles, Columbia, Soviet, Jefferson City, Beijing, China, Ukraine

☆ Armed with a heavyweight torpedo made to 'break ships in half,' Taiwan's first homemade submarine will represent a new threat to China's navy
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

☆ It's not just you. LinkedIn has gotten really weird.
▼ + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com time to read: +19 min

The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.

Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, —, , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California

☆ Teo Boon Ching: 'Godfather' of illicit wildlife trade jailed for trafficking rhino horns worth $2 million
▼ + stars: | 2023-09-21 | by ( Heather Chen | ) edition.cnn.com time to read: +3 min

“Wildlife trafficking is a serious threat,” said Damian Williams, US Attorney for the Southern District of New York, in the release. Sam Yeh/AFP/Getty Images‘Body blow’Prosecutors said a covert operation exposed Ching’s efforts to traffic about 219 kilograms [483 pounds] of rhino horns “resulting from the poaching of numerous rhinoceros” with an estimated value of $2.1 million. The horns were delivered in a suitcase in Thailand by those working for the wildlife trafficking organization, officials said. The London-based Environmental Investigation Agency (EIA), which supplied intelligence on Ching to US enforcement agents, said his jailing was a “body blow” to the illegal wildlife trade. “Chinese and Vietnamese organized crime networks have long exploited Malaysia and other Southeast Asian countries as transit hubs for smuggling illegal wildlife commodities from Africa into Asia,” an EIA statement read.

Persons: Teo Boon Ching, Ching, ”, Damian Williams, Sam Yeh, Olivia Swaak, Goldman, “, ” “ Organizations: CNN, Southern, of, ” Rhinos, World Wildlife Fund, Rhinos, Getty, Prosecutors, Environmental Investigation Agency, US Treasury Department, Wildlife Justice Commission Locations: Malaysian, Manhattan, of New York, Thailand, United States, Africa, Asia, China, Vietnam, AFP, New York, London, Malaysia

“Listen up, Taiwan is not part of the PRC [and] certainly not for sale!” Taiwan Foreign Minister Joseph Wu said in a Wednesday statement on X, formerly known as Twitter, referring to the country by its official name, the People’s Republic of China. Joseph Wu is Taiwan's foreign minister. China tiesMusk’s comments were made in response to a question about the challenges faced by American businesses in China. In recent years, some Chinese government ministries have banned the company’s vehicles from entering their premises over purported security fears. In Taiwan, Tesla has a sales and charging network.

Persons: Elon Musk, ”, “, Joseph Wu, Sam Yeh, Wu, Musk, ” Musk, Tesla’s, ” Tesla, BYD, Tesla Organizations: Hong Kong CNN — Taiwan’s Ministry of Foreign Affairs, US Pacific Fleet, Communist, Taiwan, Getty, CCP, Chinese Communist Party, Musk Locations: Hong Kong, China, Summit, Los Angeles, United States, Taiwan, Hawaii, Beijing, PRC, People’s Republic of China, AFP, Shanghai

☆ Nvidia wins again — plus two more takeaways from this week's mega-cap earnings
▼ + stars: | 2023-07-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

It was also one of several conclusions we made combing through the results and listening to the conference calls with investors. We are basically looking for results or management commentary that speaks to peer companies or the industry as a whole. On the call, management said it was "to support cloud demand, including investments in AI infrastructure." What is increased AI spending going to do for Meta's engagement and Reels monetization efforts? Nvidia chief Jensen Huang (centre L) poses for photographs before attending a press conference at Computex 2023 in Taipei on May 30, 2023.

Persons: it's, Sundar Pichai, We're, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Sam Yeh Organizations: Microsoft, Nvidia, Google, AMD, Intel, Jim Cramer's Charitable, CNBC, Afp, Getty Locations: Taipei

A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh / AFP) (Photo by SAM YEH/AFP via Getty Images)Taiwan Semiconductor Manufacturing Company , the world's largest chipmaker, posted a second-quarter profit plunge Thursday as demand for consumer electronics continues to slump. TSMC said business was impacted by macroeconomic headwinds "which dampened the end market demand, and led to customers' ongoing inventory adjustment." This is the company's first quarterly net income decline since the second quarter of 2019. Apple typically releases its latest iPhone in September so it is likely ordering chips from TSMC in the third quarter.

Persons: Sam Yeh, TSMC, Wendell Huang Organizations: Taiwan Semiconductor Manufacturing Company, Hsinchu Science, SAM YEH, Getty Images, Apple Locations: Hsinchu, Hsinchu Science Park, AFP, Taiwan

☆ Wall Street is bullish on Big Tech heading into earnings — here's what we think
▼ + stars: | 2023-07-18 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Wall Street kicked off the week with bullish takes on several high-flying tech stocks in the portfolio — validating our decision to stick with these mega-caps heading into quarterly earnings. It's also important to understand that some price target raises are just chasing a big move, and that the price reaction to an earnings release has less to do with the results and much more to do with expectations. It's also why Citigroup also put AMD on a "negative catalyst watch," meaning it is negative on the stock heading into earnings. In the analysts' view, Apple has an opportunity to grow its revenue by seven times in the U.S. over the next decade to about $40 billion, while adding 170 million new users. Microsoft What the analysts say: Analysts at Mizuho reiterated their buy rating on Microsoft while taking up their price target to $390 from $360.

Persons: bullish, Meta, It's, CUDA, Morgan Stanley, we're, —, Jim Cramer, monetize, Jim Cramer's, Jim, Jensen Huang, Sam Yeh Organizations: Nvidia, Apple, Microsoft, Devices, Citigroup, AMD, Intel, Mizuho, Activision Blizzard, JMP Securities, Jim Cramer's Charitable, CNBC, Afp, Getty Locations: U.S, China, India, Taipei

☆ Mexico is the best country to live and work abroad, a survey of expats has found. Here's the top 10.
▼ + stars: | 2023-07-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Mexico is the most popular place to live and work abroad, a survey of more than 10,000 expats found. The survey also found that expats were most unhappy in Kuwait, Norway, and Turkey. The country has been popular with expats for some time, consistently ranking as one of the five most popular countries since the InterNations survey was first conducted in 2014. More than 10,000 expats spanning 171 nationalities and living across 172 countries and territories took part in the survey. Expats praised the country for having friendly locals and said it was easy to find housing.

Persons: InterNations, Expats, Radu Bercan, Lisa Marie David, NurPhoto, Malgorzata, Marielle, Inti, Toshio Kishiyama, Oleg Senkov Organizations: Service, Privacy, Buddha, Getty, Clair, Panama, Guell Locations: Mexico, Kuwait, Norway, Turkey, Wall, Silicon, Portugal, Lisbon, Bahrain Bahrain's, Philippines, Mayon, Costa Rica, Thailand Bangkok, Thailand, Taiwan, AFP, Malaysia George Town, Malaysia, Panama Panama City, Panama, Barcelona, Spain

Kinmen, Taiwan CNN —As the sun sets over Taiwan’s Kinmen islands, the neon lights of mainland China dazzle in the distance just 2.5 miles away. That lingering potential for invasion might make it seem like an unlikely place to construct a bridge to mainland China. Anti-invasion spikes along the coast of Taiwan's Kinmen islands. During a recent trip to Kinmen, Taiwan Vice President and DPP presidential candidate William Lai said he recognized the sacrifices of the islanders during decades of conflict. “The Taiwanese government looks at the Chinese military threat as something that cannot be accepted and we condemn it,” he added.

Persons: John Mees, Ko Wen, ”, Xi Jinping, Ho Chih, Sam Yeh, Kinmen, Yang Chien, ” Yang, “, Yang, Yang Pei, Huang Li, cheng, Tsai Ing, William Lai, Wu Chia, chiang, Nancy Pelosi, Kevin McCarthy, Joseph Wu, ” Wu, Maestro Wu Tseng, Maestro Wu Organizations: Taiwan CNN —, Communist, People’s Liberation Army, CNN, Democratic Progressive Party, Taiwan’s Presidential, Mainland Affairs Council, Chinese Communist Party, CCP, Mainland Affairs, Russo, Getty, Communist China's, Tourism Association, Communist Party, Xi, United States, Taiwan’s, Taiwan Locations: Kinmen, Taiwan, China, Beijing, Taipei, Taiwan’s, Xiamen –, Xiamen, Chinese, Ukrainian, Russia, Taiwan's, AFP, Jinsha, “, Fujian, California, Beijing’s

☆ Morgan Stanley says regional theme parks may be a great investment and have 2 favorite picks
▼ + stars: | 2023-04-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Morgan Stanley is bullish on regional theme parks and believes two names in particular are poised to outperform: Cedar Fair and SeaWorld. Lastly, regional theme park earnings before interest, taxes, depreciation, and amortization multiples are down 15% to 20% compared to pre-Covid levels. In particular, Cedar Fair has well-invested properties and a strong recurring visitor base, which speaks to its underlying pricing power, Yeh wrote. While there are concerns about a potential recession, he believes the regional theme parks can weather a downturn. Cedar Fair is up just over 2% year to date, while SeaWorld is little changed.

☆ Photo catches Taiwan pilot with a patch of Winnie the Pooh getting punched in the face — a jab at China's Xi as Beijing ups the pressure
▼ + stars: | 2023-04-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Amid this, Taiwan's defense ministry published a photo of a patch worn by fighter pilots. The patch depicts a cartoon Winnie the Pooh getting punched by a bear — a dig at Xi Jinping. Her visit stoked ire in Beijing, with China's defense ministry calling it "provocative." Beijing's defense ministry said the war games — dubbed "Joint Sword" — are meant to be a "stern warning" to Taiwan, which sharply criticized the exercises. #ROCArmedForces have monitored the situation and tasked CAP aircraft, Navy vessels, and land-based missile systems to respond these activities," Taiwan's defense ministry wrote in a statement posted to social media.

SAN FRANCISCO, April 7 (Reuters) - A California Tesla owner on Friday sued the electric carmaker in a prospective class action lawsuit accusing it of violating the privacy of customers. "Tesla needs to be held accountable for these invasions and for misrepresenting its lax privacy practices to him and other Tesla owners," Fitzgerald said. It said Yeh was filing the complaint "against Tesla on behalf of himself, similarly-situated class members, and the general public." Reuters reported that some Tesla employees could see customers "doing laundry and really intimate things. The lawsuit asks the court "to enjoin Tesla from engaging in its wrongful behavior, including violating the privacy of customers and others, and to recover actual and punitive damages."

☆ Tesla slammed with class-action lawsuit following report that employees internally shared private photos and videos taken from car cameras
▼ + stars: | 2023-04-08 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Tesla is facing a new class-action lawsuit on behalf of anyone who owned or leased a Tesla since 2019. The suit claims Tesla violated privacy laws when employees accessed and shared private photos and videos of customers. Tesla employees could access footage captured by the onboard cameras, Reuters reported earlier this week. The suit cites several stories from the Reuters report, which included Tesla employees saying they allegedly shared photos and videos of Tesla owners amongst themselves. Reuters also reported that employees allegedly shared videos and images of road rage incidents and accidents, including one where a child was knocked off a bike.

☆ Leaked org chart shows the 15 most important leaders in Google's AI division as it races to catch Microsoft
▼ + stars: | 2023-03-30 | by ( Hugh Langley | ) www.businessinsider.com time to read: +4 min

Central to those efforts is its Research and AI group, led by senior vice president Jeff Dean. An internal org chart seen by Insider shows the 14 other leaders under Dean who drive Google's efforts to catch the sudden success of OpenAI. Jeff Dean, senior vice president, Google AI Thomas Samson/Getty ImagesReporting directly to Dean is Eli Collins, a VP leading work on Google's ChatGPT competitor, Bard. Collins also works on AI Test Kitchen, an app that gives select users access to some of Google's latest AI demos. Jay Yagnik, VP of research, oversees the biggest number of employees within Dean's organization.

☆ Vacation destinations like Finland and Sicily are giving away free trips, flights, and hotels to revive tourism — see the full list
▼ + stars: | 2023-03-26 | by ( Hannah Towey | ) www.businessinsider.com time to read: +6 min

Sicily is offering discounted airfare and hotel stays, and Finland is giving away 10 free trips. Taiwan said it will pay international visitors $165 and Hong Kong is giving out 500,000 free flights. Sicily, Finland, Hong Kong, and Taiwan are giving away free flights, hotel stays, excursions, and even straight cash. Hong KongThe central district of Hong Kong. Starting March 1, the tickets will be distributed by airlines Hong Kong Express, Cathay Pacific, and Hong Kong Airlines, Time Out reported.

☆ These 3 destinations in Europe and Asia will give you free hotel stays, flights, and cash to take your next vacation there
▼ + stars: | 2023-03-02 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

Taiwan said it will pay international visitors $165 and Hong Kong is giving away 500,000 free flights. The governments of Sicily, Hong Kong, and Taiwan are pumping billions into the programs, which range from free flights, hotel stays, and excursions — to straight cash. Gary Yeowell/Getty ImagesSicily, a historic island in the South of Italy, first launched its "See Sicily" travel promotion two years ago and recently announced its revival for 2023. Hong KongThe central district of Hong Kong. Starting March 1, the tickets will be distributed by airlines Hong Kong Express, Cathay Pacific, and Hong Kong Airlines, Time Out reported.

☆ Read the 15-page pitch deck that raised $6 million for StoryCo, a blockchain-based platform that links Hollywood creatives directly with fans
▼ + stars: | 2023-01-26 | by ( Elaine Low | ) www.businessinsider.com time to read: +5 min

StoryCo founders Justin and J.P. Alanis are part of a wave of entrepreneurs building blockchain-based storytelling platforms. StoryCo raised a $6 million seed round from Web3-focused VC firms and Hollywood insiders. In other words, Hollywood studios have been gatekeepers to content — and profits — for far too long. StoryCo is one of several startups that see blockchain and Web3 technology creating big new opportunities for TV and film creatives. Passholders will have access to a project's treasury, which will include NFT sales, IP licensing revenue, and royalties.

☆ StoryCo and 'Halo' showrunner team up to launch 'Disco Ball,' a blockchain-based immersive story that's a model for Hollywood's move into Web3
▼ + stars: | 2023-01-26 | by ( Elaine Low | ) www.businessinsider.com time to read: +5 min

The blockchain-based creative platform StoryCo is launching a new immersive storytelling concept. People who sign up for a StoryPass (an NFT) can collect digital art and have creative control over "The Disco Ball." StoryCo just raised $6 million in a seed funding round led by VC firms Collab + Currency and Patron. At the end of "Disco Ball," NFT holders "will assume control over the infinitely expanding Disco Ball universe." Half of all net revenue from projects like "Disco Ball" would then be split among the treasury's members after its story writers and creators are compensated.

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