DIRS.INFO The most relevant business & tech news

☆ 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.

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

☆ Taiwan's remote islands are on the frontline with China — sometimes only a few hundred yards from Chinese troops
▼ + stars: | 2022-12-28 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

Taiwan is roughly 100 miles from mainland China, but some Taiwanese islands are much closer. Taiwan's outlying islands would stand little chance against China, but they wouldn't be easy to take. While celebrated, this year's anniversary was also a reminder of Taiwan's islands' growing vulnerability to Chinese attack. Taiwan's islands are much easier to reach. Tourists watch a Chinese military helicopter fly over Pingtan Island, one of mainland China's closest points to Taiwan, on August 4.

That’s all I have to say about that,” said Sen. Joni Ernst of Iowa, a member of Senate Republican leadership. I don’t think he should be the nominee of our party in 2024,” he said. And I don’t think it’ll matter in terms of his political future, but I do believe we need to watch who we meet with. Sen. Rick Scott, R-Fla., the outgoing NRSC chair, said, “There’s no room in the Republican Party for white supremacist antisemitism — so it’s wrong.”Sen. Chuck Grassley, R-Iowa, said: “Antisemitism is wrong, and white supremacy is wrong, and that’s all there is to it. Writing on Truth Social, Trump called Ye a “seriously troubled man” and said he had no idea who Fuentes was.

Talking turkey is a pastime in the halls of government around the world. Yet what to call Turkey, the country, is something many can’t agree on. In April, Turkish President Recep Tayyip Erdogan asked the international community to recognize his nation by its traditional name, spelled “Türkiye” and pronounced Tour-key-yeh.

☆ Taiwan president resigns as party leader after election loss
▼ + stars: | 2022-11-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

TAIPEI, Taiwan — Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party following local election losses on Saturday suffered by her party. Tsai had spoken out many times about “opposing China and defending Taiwan” in the course of campaigning for her party. “Faced with a result like this, there are many areas that we must deeply review.”Taiwan's President Tsai Ing-wen casts her ballot at a polling station in New Taipei City, Taiwan on Nov. 26, 2022. They’ve raised a local election to this international level, and Taiwan’s survival,” said Yeh-lih Wang, a political science professor at National Taiwan University. At an elementary school in New Taipei City, the city that surrounds Taipei, voters young and old came early despite the rain.

☆ An embarrassing defeat 73 years ago is a preview of the problems China would face in an attack on Taiwan today
▼ + stars: | 2022-10-30 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

The Chinese Communist troops who stormed Kinmen island in October 1949 expected a quick victory. The planChinese Communist troops take prisoners at bayonet point after heavy fighting in Shanghai on May 21, 1949. Kinmen Island, 59 square miles in size and home to some 40,000 people, was essential to this plan. A model of a soldier in a bunker near the Hujingtou Battle Museum in Little Kinmen, Taiwan in April 2018. By day's end, the PLA troops who had retreated to the beaches had also surrendered.

☆ ‘Chinese chorizo’ honors fusion of two cultures in Arizona
▼ + stars: | 2022-10-21 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

It’s a history that older Tucson Chinese residents say they have spent years trying to make more visible. To promote the endeavor, she organized the inaugural Tucson Chinese Chorizo Festival. The 15,000-square-foot Tucson Chinese Cultural Center is a bustling hub that’s part community center and part museum, and serves at least 5,000. On the walls are display boards with mini-profiles of long-gone Chinese grocery stores. The center also has a YouTube channel that includes a 2014 video on Chinese chorizo.

☆ Taiwan National Day: 'No room for compromise' on sovereignty, President Tsai says
▼ + stars: | 2022-10-10 | by ( Eric Cheung | ) edition.cnn.com time to read: +6 min

Taipei, Taiwan CNN —Taiwan’s President Tsai Ing-wen said Monday there is “no room for compromise” over the self-ruled island’s sovereignty but she is willing to work with China to find “mutually acceptable ways” to maintain peace across the Taiwan Strait. There is no room for compromise on this,” Tsai said in a speech marking Taiwan’s National Day, delivered as tensions between Taipei and Beijing simmer at the highest point in recent decades. Lawmakers from Taiwan and Japan wave flags at a ceremony to mark the island's National Day in front of the Presidential Office in Taipei on October 10, 2022. Taiwan National Day celebrationsThe Republic of China ruled the mainland until its defeat to the Communists at the end of the civil war in 1949, when it retreated to Taiwan. Taiwan's President Tsai Ing-wen (top C) attends a ceremony to mark the island's National Day in front of the Presidential Office in Taipei on October 10, 2022.

☆ Instagram reels aren't dead yet — here's why Meta's battle with ByteDance has only just begun
▼ + stars: | 2022-02-15 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com time to read: +5 min

Instagram still has double the usership of TikTok and TikTok's growth has slowed. "But then I realized they weren't using TikTok, they had discovered Instagram Reels." That said, Instagram Reels could be a gateway drug for younger users, who may find TikTok after experimenting with Reels. Without India, TikTok's download growth has slowed. TikTok, however, is still out-downloading Instagram, and people are spending more time on TikTok than on Instagram.

☆ The definitive story of how a controversial Florida businessman blew up MoviePass and burned hundreds of millions
▼ + stars: | 2019-09-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +28 min

In 2017, he became the CEO of data company Helios & Matheson Analytics. At that price MoviePass would start losing money when a subscriber used the service more than once a month. MoviePass CEO Mitch Lowe and Helios & Matheson CEO Ted Farnsworth after the company hit 1 million subscribers. The same day MoviePass reached 1 million subscribers, a milestone it hit faster than Netflix and Hulu. Related storiesTo draw a crowd, MoviePass blasted out an invitation to the Big Boi show to its then 2 million subscribers.

Persons: John Travolta, He'd, " Gotti, John Gotti, Travolta, Ted Farnsworth, Mitch Lowe, who'd, he'd, Farnsworth, Lowe, Gotti, Dave Kotinsky, Samantha Lee, Stacy Spikes, Spikes, Spikes wasn't, MoviePass, —, Ava DuVernay, Malcolm D, Lee, Hulu, Hamet Watt, Chance Yeh, He's balding, He's, Ted I, La Toya Jackson, couldn't, Matheson, Watt, Helios, Mitch, Ted, MoviePass swag, Dennis Rodman, Jerry Media, hite, Boi, ann u, abi l, tim e, red tha, ord, ul, hal, ove, flo, ann o, bec, lon, Jen, liv, dre Organizations: HBO, Manhattan's SVA, Helios, Matheson Analytics, Netflix, Matheson, MoviePass, SEC, Sony, Miramax, Loews Cineplex, Spotify, Pandora, AOL, True Ventures, Business, Ventures, AMC, Federal Communications Commission, Matheson's, Reuters, Hulu, Coachella Valley Music, Arts Festival, Jerry, acc, pla Locations: Manhattan's, MoviePass, Houston , Texas, San Francisco, America, New York, Florida, India, New, Palm Springs , California, Coachella, fes, ord, pla, Mo

Search resuls for: "yeh"

13 mentions found