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Netflix Reinventing Department Stores 🍭

NVIDIA becomes world's most valuable company, Apple starts working on cheaper Vision Pro headset, and more...

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  • Netflix Reinventing Department Stores
  • Luma AI Drops Dream Machine Video Tool
  • NVIDIA Becomes Most Valuable Company
  • Everything Else You Need To Know

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Netflix House Reinventing Department Stores

Netflix is set to open its first permanent retail destinations, Netflix House, in 2025 at the Galleria Dallas and King of Prussia Mall in Pennsylvania.

These venues, taking over former department stores, will offer over 100,000 square feet of space for immersive entertainment experiences and unique food and drink options.

Inspired by the popularity of themed pop-up experiences, Netflix House hopes to attract fans with regularly updated attractions, eye-catching sculptures, and murals of popular Netflix characters.

Luma AI Drops Dream Machine Video Tool

AI startup Luma has launched a video-generating tool called Dream Machine, which has already been caught using some Disney content.

A trailer for Monster Camp, created by Dream Machine, features a recognizable Mike Wazowski from Pixar’s Monsters, Inc.

Does this mean the tool was trained on Disney’s work or prompted to mimic Pixar’s style?

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NVIDIA Taking Over The Entire World

Nvidia has become the world’s most valuable company, surpassing Microsoft with a market cap of $3.335 trillion.

Nvidia’s share price has risen 160% in 2024, boosted by strong earnings and anticipation for its upcoming Blackwell GPU architecture.

Plus, CEO Jensen Huang has announced that these new GPUs will be the world’s most powerful, with a price tag of $30,000 to $40,000 each.


Everything Else You Need To Know

TikTok Introduces Whee: TikTok has launched Whee, an Instagram-like app for sharing photos with close friends.

X Expands Payment Capabilities: X is advancing its payment processing efforts by partnering with Stripe, despite revealing a 40% drop in revenue for the first half of 2023 compared to the previous year.

Apple Eyes Cheaper Vision Pro Headset: Apple is reportedly shifting focus from high-end Vision Pro devices to developing a more affordable headset, aiming for a 2025 release.

Meta Releases Threads API: Meta has launched the Threads API, allowing developers to publish posts, manage replies, and access content metrics.

Fisker Files Bankruptcy: California-based electric vehicle maker Fisker has filed for Chapter 11 bankruptcy protection due to market and macroeconomic challenges.

Amazon Fined: Amazon has been fined $5.9 million by California for not providing written notice of employee quotas, violating the Warehouse Quotas law.

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Netflix Reinventing Department Stores