Author: MNK News
Netflix’s $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theaters were forced to close and audiences became even more comfortable with streaming films at home. The WGA and SAG-AFTRA strikes in 2023, which were driven by legitimate concerns around studio interest in generative AI, delayed production and promotion of many film and TV projects. And the rise of streaming content pushed many media companies towards taking on debt and unwise mergers (see: Warner Bros. Discovery), which led to higher…
IMAX and animation distributor GKids are bringing more 4K Studio Ghibli restorations to the largest screens in 2026. The announcement follows the IMAX release of Princess Mononoke this year, with the ongoing restorations being directly supervised by Studio Ghibli’s Atsushi Okui, who’s been with the company since 1993.Okui was the Director of Digital Imaging on 2023’s The Boy and the Heron, which was also the first Ghibli picture to get the IMAX treatment. The likes of My Neighbour Totoro and Spirited Away have also had theatrical re-releases in recent years. GKids heads up distribution in North America for the Japanese…
The European Commission has issued a $140 million fine to Elon Musk’s X for violating the EU’s controversial Digital Services Act (DSA). The fine is likely to escalate tensions between the EU and America over free speech online. Bloomberg reports that the European Commission has imposed a €120 million ($140 million) fine on X, Elon Musk’s social media platform, for breaching the EU’s Digital Services Act (DSA). This marks the first penalty issued under the new censorship law, which aims to regulate online platforms and “protect” users from illegal content and disinformation. According to the Commission’s statement, X was found…
WASHINGTON (AP) — The man accused of planting a pair of pipe bombs outside the headquarters of the Republican and Democratic national parties in Washington on the eve of the U.S. Capitol attack confessed to the act in interviews with investigators, two people familiar with the matter told The Associated Press.Brian Cole Jr. also indicated that he believed the 2020 election was stolen and expressed views supportive of President Donald Trump, said the people, who were not authorized to discuss by name an ongoing investigation and spoke on condition of anonymity.The details add to a still-emerging portrait of the 30-year-old…
Crypto analyst CryptoInsight has indicated that the XRP price is on the verge of another crash, with a potential drop below the psychological $2 level. The analyst also revealed the level that the altcoin needs to reclaim to invalidate this bearish outlook. XRP Price Risks Crash To Another Low In an X post, CryptoInsight suggested that the XRP price could crash to a new low. This came as the analyst noted that on the lower time frame, the altcoin has made a higher low after bouncing from range lows. However, it has yet to make a higher high, which provides…
Meta has cut several deals with news publishers to help provide real-time data for its AI chatbot services, as reported by Axios. The commercial agreements will allow its Meta AI chatbots to better answer user queries about news and current events.These are multiyear deals where publishers will be compensated for the use of their content, but we don’t have any monetary specifics. The contracts do stipulate that Meta’s chatbots will link out to articles when answering news queries, potentially offering a slight traffic boost to publishers.The news partners include USA Today, People, Le Monde and CNN. However, there are also…
Do I need prior knowledge to attend these events?Not necessarily, the majority of the events invite novices and usually arrange workshops, panel discussions, and open sessions for them.Are these events only for developers?Definitely not, some events can be technical and development-oriented, but many of them are for investors, entrepreneurs, marketers, or anyone curious about blockchain avenues and seeking further insights.Can I attend multiple events in a year?Certainly, events are planned in various cities and over different periods, thus, attending several meet-ups or conferences is possible if you register appropriately.Are these events free or paid?It depends on several factors; community meet-ups…
Ethereum is holding firmly above the $3,150 level as the market shifts into a more bullish phase after enduring weeks of heavy selling pressure and fear-driven liquidation. The recovery has sparked debate among analysts: some view the bounce as nothing more than a relief rally within a broader bearish trend, while others believe Ethereum may be building the foundation for a more sustained rebound. Related Reading A new CryptoQuant report offers one of the clearest insights. According to Ethereum data on Binance, the past several weeks have shown heightened volatility in the Cumulative Volume Delta (CVD) — a metric that…
The New York Times and the Chicago Tribune have filed separate lawsuits against Perplexity over alleged copyright infringement. The Times said it had sent Perplexity several cease-and-desist demands to stop using its content until the two reached an agreement, but the AI company persisted in doing so.In the lawsuit [PDF], the Times accused Perplexity of infringing on its copyrights at two main stages. First, by scraping its website (including in real time) to train AI models and feed content into the likes of the Claude chatbot and Comet browser. Second, in the output of Perplexity’s products, with the Times accusing…
Karachi Blues outclassed defending champions Sialkot by a massive 218 runs in the final of the Quaid-e-Azam Trophy, sealing their 22nd title at the Gaddafi Stadium on Friday evening. Karachi lifted the trophy along with a prize purse of Rs7.5 million, while Sialkot received Rs4m as runners-up. Abdullah Fazal, named Player of the Final, earned a Rs100,000 award, while Ali Usman (best bowler) and Saad Baig — who swept the honours for best batter, best wicket-keeper and Player of the Tournament — received Rs250,000 each. Sialkot, chasing an improbable 533 for victory, resumed the final day on 12 without loss…