January 17, 2014 |
China Mobile began selling Apple iPhones on Friday and marked the occasion with a visit from Apple Chief Executive Tim Cook to its stores. "Having fun in Beijing at the iPhone launch with China Mobile!" Cook tweeted. The new partnership was announced last month, and already analysts are betting that the sales of iPhones will have a big effect on Apple's bottom line for the current quarter that ends in March. PHOTOS: Top 10 tech gadgets we want to see in 2014 During a briefing with media this week, China Mobile's chairman, Xi Guohua, said the company had already received "several million" pre-orders for iPhones before they went on sale in the company's stores.
December 22, 2013 |
I recently said goodbye to an old friend that had been with me since I was about 12 years old: my worn-down, blue-and-yellow Blockbuster video rental card. There are few better examples of how the entertainment business has actually changed (as opposed to various romantic theories about how it could develop) than the decline of this once culturally important institution. The downfall of Blockbuster was held by many experts to portend the fate of traditional media business models that relied on the other kind of blockbuster - those big, bloated mass-entertainment creations that had become a mainstay of the industry.
December 21, 2013 |
As you read this, David O. Russell's new movie "American Hustle" is, like that giant vat of caloric popcorn, going down at a theater near you. In fact it's going down at 2,507 theaters near someone, a remarkable number for a man who makes wry sideways romps. Just a year ago Russell had a different film playing in multiplexes around the holiday season. But it was playing a lot more sparsely: "Silver Linings Playbook," Russell's mental-health-dramedy slash-dancing-dramedy-slash-romantic-comedy, was in just a few hundred theaters, the product of a Weinstein Co. rollout so slow it made molasses seem like a fast-spraying liquid.
November 13, 2013 |
And the last movie ever rented in a Blockbuster goes to "This Is the End," a 2013 apocalyptic comedy featuring James Franco, Jonah Hill and Seth Rogan. Quite fitting, no? It was 11 p.m. in Hawaii, Saturday night. A man picked up the film "This Is the End" and wound up posing for a photograph with two Blockbuster employees. The image was tweeted by Blockbuster's official company account with the caption "The last BLOCKBUSTER rental 11/9 Hawaii 11PM @ThisIsTheEnd #BlockbusterMemories @Sethrogen @JamesFrancoTV @JonahHill ” Word of the tweet got back to "This Is the End" lead actor Seth Rogan, who retweeted the special moment.
November 11, 2013 |
SAN FRANCISCO - Ray McClure was lucky enough not only to get hired as one of Twitter's first employees but to get some stock. When he left Twitter in 2007 after one year, McClure cashed out a bit at a time by selling his shares privately. He opened an art gallery with his wife. He bought a house in San Francisco, sold it several years later for a tidy profit, then bought another. And he hasn't had to work, spending the last year at home caring for his 18-month-old daughter. "It changed my life in a very positive way," McClure, 35, said.
November 8, 2013
Re "End of Blockbuster near," Business, Nov. 7 When I rented VHS movies from Blockbuster, the cartridges carried funny reminders telling customers to rewind their tapes. They included: "To play is human. To rewind is divine!," "Be a friend. Rewind when you reach the end," and "Just to remind, please rewind. Thanks. The end. " Blockbuster had been struggling in the DVD and video-game rental business thanks to the growth of Redbox and Internet-streaming services such as Netflix and YouTube.