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In an age when audiences are spoiled for choice across countless entertainment platforms, it’s no secret that cinema operators worldwide are feeling the heat. The numbers alone make for grim reading. When PwC released its annual media and entertainment outlook in July, the industry winced: U.S. cinema revenue, the firm predicted, would not return to…
Over the years, plenty of forgettable movies have been hawked in the hallways of the American Film Market, but there have also been some indelible classics — among the most notable, Wong Kar-wai’s swooningly seductive In the Mood for Love, which has consistently topped critics’ polls as one of the best films of all time….
Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more. Coinbase Business, a new business platform from major US crypto exchange Coinbase, has launched in Singapore, marking the company’s first international expansion. After introducing Coinbase Business in June, Coinbase has rolled…
Japan’s financial regulator has launched a “Payment Innovation Project” backing a joint initiative by major banks and corporations to issue yen-based stablecoins. Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins. In a Friday statement, the FSA announced the launch of its…
The King of Monsters is revving up to roar again. Legendary Tokyo-based Toho Studios shared the title Monday morning for mighty Godzilla’s next rampage, revealing that the follow-up to the 2023 smash-hit Godzilla Minus One will be called Godzilla Minus Zero (also styled Godzilla -0.0) and that Oscar-winning director and VFX supervisor Takashi Yamazaki will…
Japan’s animation industry surged 14.8 percent to reach record revenues of $25 billion (3.8 trillion yen) in 2024, with most of the growth driven by the expanding international popularity of Japan’s favorite art form. The results were released this week by the Association of Japanese Animations (AJA), which presented a preview of its annual Anime…
In a tribute that’s as overdue as it is fitting, the 38th Tokyo International Film Festival will present its Lifetime Achievement Award to filmmaker Yoji Yamada, whose extraordinary career has spanned more than six decades and nearly the entire postwar evolution of Japanese cinema. Yamada made his directorial debut in 1961 with the domestic drama…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Japan’s top banks reportedly plan to launch a joint yen-based stablecoin, more than five new crypto exchange-traded funds (ETFs) were applied for this week,…
South Korean telco giant SK Telecom is making big changes at its new AI division, AI CIC, just weeks after it was launched. Staff employed by the unit are being offered a voluntary retirement program as part of a broader effort to bring together the company’s various AI-related divisions, SK Telecom confirmed to TechCrunch. “In…
South Korea is nearing a decision on whether to allow Google and Apple to export high-resolution geographic map data to servers outside the country. The detailed maps, which use a 1:5,000 scale, would show streets, buildings, and alleyways in far greater detail than currently available on these platforms. However, several regulatory and security hurdles remain…