Business

SHOW'S OVER
MoviePass, the long-struggling theater subscription service, finally appears to be down for the count. On Friday, MoviePass notified all of its remaining subscribers that it would be shutting down the service effective Sept. 14, 2019, because “its efforts to recapitalize MoviePass have not been successful to date,” parent company Helios and Matheson Analytics announced.
RUNNING OUT OF GAS
The story of Uber shows that tech industry's belief in meritocracy, decisions about personal data and "blind worship of startup founders" can all go horribly wrong.
WEBSTER'S DEFINES TECH AS...
At first glance, WeWork and Peloton, which both released their S-1s in recent weeks, don’t have much in common: one company rents empty buildings and converts them into office space, and the other sells home fitness equipment and streaming classes. Both, though, have prompted the same question: is this a tech company?
DEEP SIXED
Twenty years ago, no company was flying higher than General Electric. The sprawling conglomerate, which sold everything from jet engines to mortgages to advertising on Seinfeld, was directed by a dynamic CEO, Jack Welch, and his unwavering faith in the power of Six Sigma.
A CHANGE OF SCENE
The Georgia Film Tax Credit brings hundreds of productions — and billions of dollars — to the state each year. But this past spring, a new anti-abortion law inspired a number of protests, and major Hollywood studios threatened to move their filming elsewhere. Will a boycott happen? Would it have any political effect? And what would it mean for the people who live and work in Georgia?
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