CORRECTIONS The name of fashion company Brunello Cucinelli was incorrectly given as Bruno Cucinelli in an Off Duty article Saturday about rising designer prices. Readers can alert The Wall Street Journal to any errors in news articles by emailing wsjcontact@wsj.
In this edition of Weekend: A cautionary tale of ego and groupthink; a guide to newly revitalized Cannes; and why Zuck got cool.
Before it was one of the world’s most valuable companies, Nvidia was a company on the verge of going out of business. Jensen Huang’s startup had been around for a few years in the 1990s when it looked like it wouldn’t be around for much longer. Huang himself says this was nothing less than an existential moment for his nascent company.
The companies are, however, backing away from an initial plan to make an all-cash $26 billion offer for Paramount, the newspaper said. Reuters reported this month that Paramount was in talks to open its books to a consortium of the Sony movie unit and the U.S. buyout firm. CNBC later reported that Sony was rethinking its bid, sending Paramount's shares tumbling and helping the Japanese firm's shares surge after upbeat earnings.
Netflix pioneered the streaming movement, but the company's new roadmap could help it leapfrog the competition.
Much attention has been paid to the $120 million of his own fortune that Francis Ford Coppola put up to make the futuristic epic “Megalopolis,” but the director himself isn't much concerned. Coppola sold a piece of his winery business to finance “Megalopolis," a passion project the filmmaker has been pondering for decades. Regardless of the outcome — the film is seeking a North American distributor — he's going to be fine, financially, Coppola said. Coppola faced questions from the press the day after premiering the hotly anticipated “Megalopolis," starring Adam Driver as an architect named Cesar Catalina who is trying to build a utopia in a future New York City.
LONDON (Reuters) -British retailer Marks & Spencer apologised to customers on Saturday after its website and app went offline for several hours because of a "technical issue". The company said the outage was due to a third-party service provider experiencing a "technical issue" and apologised to customers "for the inconvenience caused." In March, Sainsbury's, Britain's No. 2 supermarket group, apologised to customers after it couldn't fulfil online orders.
A full trailer just dropped for the upcoming animated show based on the popular game Dead Cells, and it looks like the creators have made a few unexpected choices. Along with the trailer, the series now has a release date: June 19.
Joseph Nardello made the win through the Millionaire Progressive, which allows customers to place a $5 side bet while playing table games at the Venetian Resort Las Vegas.
Models took over the 2024 Cannes Film Festival red carpet.
It's the first classic of the Disney+ era.