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Tesla saw a massive sales jump in the second quarter
The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.
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Variety Toasts French Cinema With Post-Cannes Summer Dinner at Paris’ Laperouse With Thierry Fremaux, Guillaume Canet, Pierre-Antoine Capton, Rebecca Zlotowski and Anamaria Vartolomei
Variety gathered leading figures from the French film industry for its fourth dinner at Lapérouse in Paris, a post-Cannes and summer celebration bringing together Cannes Film Festival director Thierry Frémaux, Mediawan boss Pierre-Antoine Capton, MK2 Films co-CEO Nathanaël Karmitz and Pathé Films president Ardavan Safaee, as well as actors and filmmakers Anamaria Vartolomei, Rebecca Zlotowski,…
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Bad Bunny, ‘Despacito’ and the End of English as Pop’s Global Currency: Manuel Abud on Latin Music’s Transformation
For decades, the surest route to international success for a Latin artist was to record in English. At Taiwan’s 2026 Golden Melody Festival, Latin Recording Academy CEO Manuel Abud explained why that logic no longer holds. Held ahead of Taiwan’s Golden Melody Awards, the annual Golden Melody Festival conference brings together music industry leaders from…
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Rivian raises EV sales forecast as Q2 production ramps up
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.
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‘Buen Camino’ Director Gennaro Nunziante and Italy’s Indiana Production Launch Comedy Content Factory (EXCLUSIVE)
Italy’s Indiana Production, part of pan-European studio Vuelta, is taking its ambitions as the country’s comedy leader to the next level. The Milan-based company is setting up a multi-pronged comedy content factory — comprising a creative hub with a writers’ room and a Rome theater featuring live stand-up acts — all under the guidance of…
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Bitcoin firm advertised by Nigel Farage loses 15% of asset value
Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plungeA bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC.…
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Merger of Korean Cinema Chains Lotte and Megabox Collapses
The long-gestating tie-up would have created Korea’s largest theater chain, but talks stalled as Megabox owner JoongAng Group slid into a liquidity crisis.
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OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share…
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Award-Winning Independent Factual Producer Proper Content Shutters Citing Market Conditions: ‘There Simply Isn’t the Commissioning Risk’
Award-winning factual producer Proper Content is set to shutter amid tough market conditions. Founder David DeHaney, who set up the company in 2016, announced the decision to cease trading and appoint an administrator on Thursday. “This has been a very difficult decision,” says DeHaney. “We have had nearly 10 years of making some of the…
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Korea’s Lotte Cinema-Megabox Merger Collapses as JoongAng Group’s Financial Crisis Deepens
The proposed merger between Lotte Cinema and Megabox, which would have created South Korea’s largest theatrical exhibitor, has officially collapsed after roughly 14 months of negotiations, with the deal ultimately undone by a financial crisis engulfing Megabox’s parent company, JoongAng Group. Lotte Shopping and Contentree JoongAng disclosed Wednesday that the memorandum of understanding governing the…