About Us
Pricing
Briefing
Media/Telecom Entertainment

AMC Entertainment May Run Out of Cash

By Jessica Toonkel
· · Source: The Wall Street Journal

AMC Entertainment Holdings said it may run out of cash by the end of the year unless it raises funds or attracts more customers to its theaters following shutdowns from teh coronavirus pandemic. The biggest movie theater chain in the U.S. said that it had reopened the majority of its U.S. theaters–494 of 59, but attendance is down 85% year oever year. As the effects of the shutdown continue...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Takeaway Amazon
Why I Love and Fear Amazon Basics
By Jessica E. Lessin · April 17, 2021 7:47 AM PDT
Jeff Bezos this week wrote his final shareholder letter as he steps aside as CEO of Amazon. It is remarkable what he and the company have accomplished. I vaguely remember buying my first book on Amazon. Today, I buy…well, that brings me to the point of this week’s column. I recently realized that my kids’ whiteboard markers had run dry. I grabbed my phone and searched for...
Latest Briefs
 
Splunk Shares Drop 9% on CTO Departure News
By Kevin McLaughlin · April 16, 2021
China’s Economy Rebounded
By Shai Oster · April 16, 2021
Australia Court Finds Google Misled Consumers About Location Tracking
By Wayne Ma · April 16, 2021
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Marc Andreessen and Ben Horowitz. Art by Mike Sullivan.
Exclusive Venture Capital Startups
‘These Guys Are Very Different’: Inside Andreessen Horowitz’s Rise
By Kate Clark and Amir Efrati
As recently as two years ago, the performance of Andreessen Horowitz’s investments in tech startups were average , despite the firm’s outsize public profile.
An image of Boston Dynamics' 'Stretch' robot. Art by Mike Sullivan
Amazon
Five Warehouse Robotics Firms to Watch
By Mark Di Stefano
Warehouse robotics is suddenly looking like a hot sector. A series of deals in the past few months, including SoftBank’s $2.8 billion investment in Norwegian robotics firm AutoStore this month as well as the merger of robotics firm Berkshire Grey with a special purpose acquisition company, highlight how investor interest in warehouse robotics is growing.
Venture Capital Startups
Coinbase Direct Listing’s Biggest Winners
By Berber Jin
Coinbase’s public stock market debut today crystallizes enormous gains enjoyed by the crypto firm’s earliest investors, most notably Union Square Ventures and Andreessen Horowitz.
A Didi Chuxing autonomous car on display in 2019. Photo by Bloomberg.
Exclusive Autonomous Vehicles Asia
Didi Chuxing Aborted $1 Billion Acquisition of Aurora Amid Concerns of U.S. Officials
By Juro Osawa
After defeating Uber in China’s brutal ride-hailing war in 2016, Didi Chuxing had an even more ambitious goal: Win the global race to develop robotaxis.
Dion Foxworth, co-host of the “Stock Market Moves” show, uses the Clubhouse app. Photo:Bloomberg
Exclusive Venture Capital Startups
Andreessen Horowitz Values Clubhouse at $4 Billion With DST, Tiger
By Alex Heath
Andreessen Horowitz is valuing the social media app Clubhouse at $4 billion in a round of financing with new investors DST Global and Tiger Global Management, according to a person familiar with the matter.
Data Point Media/Telecom
Despite Digital Focus, More DTC Brands See Value in TV Ads
By Malique Morris
When major advertisers in industries such as travel abruptly pulled out of their primetime network television spots last March as pandemic lockdowns hit, TV advertising rates fell dramatically.