Investors are hunting for social media startups that can spark new connections and nurture existing ones. “Social media companies started based on connection,” Shawn Carolan, a partner at Menlo Ventures, said of the previous wave of giants like Facebook and Instagram. Carolan said these companies “evolved into media companies” and abandoned that connection. That leaves
An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the boost on Thursday, reporting net profit of 147.4 billion Japanese yen, or $931 million, for the quarter ending June, up 54% from a year earlier and handily beating analyst expectations of 77.8 billion yen.
Disney posted mixed results for the June 2026 quarter, as Disney+ and Hulu continued to boost profits and the theme parks division turning in solid performance. And Disney CEO Josh D’Amaro revealed his latest move to restructure the media conglomerate’s operations: He’s moving most of consumer products out of Disney Experiences and into the entertainment
New-Gen Universe, Inc. is launching its first consumer products initiative at San Diego Comic-Con, introducing an exclusive collector’s trading card set made with Cryptozoic Entertainment to celebrate its Marvel-distributed comic book series. Only 300 convention-exclusive boxes exist worldwide for the July 23-26 event, making it one of the rarest “next-gen” collectibles released to date. Designed
Chris Harrison, director of the Future Interfaces Group at Carnegie Mellon University, doesn’t think the new subscription will help pay for Meta’s AI spending. “The industry has made enormous strides, even in the last six months, but certainly in the last 18 months, improving the efficiency of token generation and running these models much more
The Colonel is staying put. Almost everything else at KFC is changing. The 74-year-old fried chicken chain is rolling out one of the biggest global brand overhauls in its history, betting that new sauces, specialty beverages, redesigned restaurants, and a refreshed logo and packaging can help it define what executives call the “next chapter of