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“#Israeli stadium deploys disinfectant tunnel amid coronavirus” Researchers out of Bar-Ilan University in Tel Aviv have discovered disinfectant technology that is now being used for a sanitation tunnel, which sprays visitors with disinfecting liquid before they enter large venues to prevent the spread of coronavirus. The industrial automation firm RD Pack in Karmiel, Israel, took…
“Quibi asks top execs to take 10 percent pay cut as layoffs loom” Quibi, the new start-up from Hollywood mogul Jeffrey Katzenberg, is in cutting mode already. Just a month after it launched on April 6, the mobile streaming service is asking senior executives to take a 10-percent pay cut as coronavirus lockdowns have squelched…
“#K-pop fans troll #WhiteLivesMatter posts, drown out racist tweets” On Wednesday morning, #WhiteLivesMatter was trending on Twitter — but not for the reason many first assumed. K-pop fans are mobilizing online this week for the #BlackLivesMatter movement by drowning out racist posts with flashy, cheerful “fancam” videos of BTS and other Korean performers. BTS’s so-called…
“AMC issues ‘going concern’ warning, Cinemark predicts woes until 2022” Two large movie theater owners issued dire warnings on Wednesday about their ability to bounce back from the coronavirus. AMC, the nation’s biggest cinema chain, said in a regulatory filing that there’s a “substantial doubt” about its ability to “continue as a going concern for…
“Warner Music prices IPO shares at $25, values company at $12.75B” Warner Music Group struck a chord with investors during its stock debut Wednesday. The record label behind Ed Sheeran, Bruno Mars and Cardi B. soared 20 percent in its first day of trading after being priced at $25 per share in an initial…