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It’s the end of movies as we know them (and I feel fine)

“How Will The Movies Survive The Next Ten Years?” demands the New York Times , in a series of interviews with 24 major Hollywood figures. Good question! I’ve been asking it myself , here , for six years now . Very unlike music, television , books , and home video, the theatrical movie experience has proved remarkably resistant to online disruption… …so far. I’ve argued before that Hollywood and Silicon Valley have many parallels: VCs are like studios, angel investors are like individual producers, founders are like directors, etcetera. However, they also have some striking differences. For most of the last 25 years, the cost to launch a groundbreaking, potentially world-shaking startup has decreased — though that may well be changing — whereas the total cost to make , market , and distribute a theatrical release has decidedly not . Furthermore, movie theaters, built around repeat screening of 90-to-180-minute self-contained films, face new direct-to-streaming-services competitio...

Microsoft is playing a very patient game with the future of Xbox, and it should be the model for Apple Arcade and Google's Stadia (MSFT, AAPL, GOOGL)

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As the video game industry prepares for the next generation of hardware in 2020, a number of major tech companies are planning to carve out their own stake in the market. Google and Apple have both announced new video game subscription services launching later this year, but their approaches are wildly different from what gamers are used to. Microsoft's slow, patient strategy to incorporate cloud gaming, subscription services, and more exclusive titles into the Xbox ecosystem should serve as a model for other companies during this time of transition.  Visit Business Insider's homepage for more stories. For decades the video game industry has relied on new hardware to promote growth in cycles. The release of new Xbox, PlayStation and Nintendo consoles generate an unmatched excitement that has long defined how developers create and sell their games. Microsoft and Sony have been slowly teasing the details of their next-generation consoles, with Microsoft confirming a holid...

It doesn't matter whether Tesla delivers 90,000 cars or 900,000 in the 2nd quarter — what's more important is whether Tesla goes mass-market or stays luxury (TSLA)

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Tesla should report second-quarter vehicle deliveries the week of July 1. Tesla missed expectations for the first quarter, but the company has guided for a rebound in Q2. A fixation on Tesla deliveries is pointless. More deliveries should take a back seat to Tesla's decision about focusing on premium versus mass-market sales. Visit Business Insider's homepage for more stories. Tesla should report second-quarter vehicle deliveries next week, and a significant amount of chatter has broken out over what the number could be. In the first quarter, Tesla delivered 63,000 cars, a drop of over 30% from the final quarter of 2018. The company wants to get back on track in Q2 and has been targeting something like 90,000. It might not get there. The ultimate total could be between 80-90,000. At that level, Tesla would need a huge second-half finish to deliver over 400,000 vehicles in 2019 (it moved about 250,000 in 2018). Tesla watchers are preoccupied with the Q2 numbers becau...

Profile of Foxconn's new chairman Liu Young-way, who joined the firm as a special assistant to Gou in 2007 and was named head of semiconductor business in 2017 (Celia Chen/South China Morning Post)

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Celia Chen / South China Morning Post : Profile of Foxconn's new chairman Liu Young-way, who joined the firm as a special assistant to Gou in 2007 and was named head of semiconductor business in 2017   —  Gou remains the largest shareholder with 10 per cent of the company's shares and retains his seat on the board Low profile head … from Techmeme https://ift.tt/2xiAuwT

TECH COMPANIES IN FINANCIAL SERVICES: How Apple, Amazon, and Google are taking financial services by storm (AMZN, AAPL, GOOGL)

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This is a preview of the TECH COMPANIES IN FINANCIAL SERVICES research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Payments industry research reports. Tech giants are set to grab up to 40% of the $1.35 trillion in US financial services revenue from incumbent banks, per McKinsey. Three of the largest US tech companies — Apple, Google, and Amazon — are particularly encroaching on financial services and threatening incumbents with their size and ability to attract massive, loyal user bases. Apple is deepening its financial services play as a means of invigorating revenue, and its expertise could make it a legitimate threat to legacy players. Google's platform-agnostic approach, wide international penetration, and top talent position it as a hub with unrivaled global reach beyond just consumer payments. And Amazon — which has eaten up market share in every industry it's touched, and now has its sights on financial ...

Trump's tariffs may be the excuse, but Apple and other companies have plenty of additional reasons to move out of China, experts say (AAPL)

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President Trump's tariffs have reportedly spurred Apple to explore moving production of some of its products out of China. While the trade war might be the proximate cause for such a shift, there are plenty of other reasons the company might be considering such a move, supply chain experts told Business Insider. Producing goods in the country has long entailed a whole host of other drawbacks, including complicated supply lines and long lead times to make sure products got to market on time. In the past, such disadvantages were outweighed by the low cost of manufacturing in China , but wages have risen dramatically in recent years and new regulations have increased, making it more costly.  Click here for more BI Prime stories . Apple's reported desire to shift production outside of China has been linked to the trade war, but the iPhone maker has plenty of additional reasons to explore a move to other countries, as do many other companies. Manufacturing in China has...