What's Next for Amazon Studios?And Contrast VR Finds a New Way to Tell Stories

What's Next for Amazon Studios?And Contrast VR Finds a New Way to Tell Stories


What's Next for Amazon Studios?

The tech giant's entertainment studio has suspended Roy Price, so where does it go from here? The Information's Editor-in-Chief Jessica Lessin thinks someone like former Fox Entertainment chief Peter Chernin could turn things around. 

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Contrast VR Finds a New Way to Tell Stories

The documentary "Oil in Our Creeks" shows what happened to a small town in Nigeria after a pipeline spill. Contrast VR editorial lead Zahra Rasool thinks a more immersive platform is the best way to tell that story.


JPMorgan Squeezed By Low Market Volatility

The bank reported a 27% decline in fixed income trading but CFRA Global Director of Research Ken Leon lifted his price target and gave it a "Buy" rating. He explains why he's optimistic.


Retired NFL Safety Kerry Rhodes Would Take a Knee Too

The former Jet weighed in on the professional football protests. He says if players feel strongly about something, they deserve the right to express themselves. 

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THE T-MOBILE AND SPRINT MERGER IS A GO

Japan’s Softbank has reportedly reached an agreement to merge its Sprint unit with T-Mobile. Combined, the #3 and #4 U.S. wireless carriers will have as many subscribers as larger rivals Verizon and AT&T. The deal will still have to be approved by the justice department.

QUALCOMM STEPS UP LEGAL BATTLE AGAINST APPLE

The chipmaker asked Chinese regulators to ban sales and manufacturing of the iPhone in the country, the world's largest market for smartphones. It's Qualcomm's biggest jab yet at the tech giant, which sued it for $1 billion back in January. A Qualcomm spokesman says Apple has been using its technologies without paying. It's not the only time patents issues have affected the semiconductor company. Earlier this week Taiwanese regulators fined Qualcomm $774 million dollars for its own unfair licensing practices.

GOLDMAN SACHS PONDERS STAKE IN WEINSTEIN CO.

A spokesman says the bank strongly condemns the alleged behavior of Harvey Weinstein, who is facing a string of accusations of rape and sexual harassment. Goldman reportedly holds less than a $1 million stake in the film studio, but it did help finance the company's founding in 2005. The future of the production house has been in question even before last week's bombshell report on the accusations against Weinstein. The company behind Oscar winners “The Kings Speech" and “The Artist” has been under pressure from a lack of recent hits and competition from smaller studios. And the Wall Street Journal reported that The Weinstein Company is exploring a sale or shutdown.

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