Sphere Entertainment to launch immersive content studio in Hollywood

(Reuters) – Sphere Entertainment said on Monday it was launching Sphere Studios in Hollywood to create immersive film content for its entertainment venue, Sphere, in Las Vegas. The live entertainment and media firm said filmmakers would work with Hollywood directors and producers at Sphere Studios to create multi-sensory films that would appear exclusively in Sphere…

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Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5%. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with…

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Flight training for Chinese military pilots targeted in latest US export crackdown

By Karen Freifeld (Reuters) -The Biden administration on Monday added 43 entities to an export control list, including Frontier Services Group Ltd, a security and aviation company previously run by Erik Prince, for training Chinese military pilots and other activities that threaten U.S. national security. The Test Flying Academy of South Africa, a flight school…

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Lockheed Martin collaborates with GlobalFoundries to secure defense chip supply

(Reuters) – Chipmaker GlobalFoundries and missile manufacturer Lockheed Martin on Monday announced their partnership to secure domestic semiconductor supply for defense systems. The strategic collaboration will secure manufacturing across a range of advanced and next-generation chips, and will allow leveraging of GlobalFoundries’ technology to increase anti-fragility in microelectronics systems and supply chains. Defense companies have…

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Verizon searching for new finance chief and potential CEO successor – WSJ

(Reuters) – Verizon Communications is searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing people familiar with the matter. The company had reshuffled its senior leadership roles in March and appointed Tony Skiadas to replace former Chief Financial Officer…

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YouTube resolves composer’s copyright lawsuit one day before trial

By Blake Brittain (Reuters) – Alphabet’s YouTube and Grammy-winning composer Maria Schneider said in a court filing on Sunday that they agreed to dismiss Schneider’s San Francisco federal lawsuit accusing the video-sharing site of enabling the piracy of her works. A trial in the copyright infringement case had been set to begin on Monday. YouTube…

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UK PM Sunak pitches Britain as future home for AI regulation

LONDON (Reuters) -Prime Minister Rishi Sunak said on Monday Britain could be the global home of artificial intelligence regulation as he pitched London as a tech hub to industry leaders and urged them to grasp the opportunities and challenges of AI. Sunak’s government will host a summit on the risks and regulation of AI later…

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CD Projekt to launch Cyberpunk 2077 expansion on Sept. 26

GDANSK (Reuters) -Poland’s biggest video game producer CD Projekt will release a highly-anticipated expansion to its flagship game Cyberpunk 2077 called “Phantom Liberty” on Sept. 26, the company announced during the Xbox Games Showcase on Sunday. The release will be CD Projekt’s first major premiere since the bug-ridden launch of Cyberpunk 2077 in 2020. The…

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