Genies

With recent struggles for The Walt Disney Company (NYSE: DIS), a former CEO is being brought in to help steer the company forward. Could that next phase of growth include a deeper connection in the world of Web3? What Happened: Disney announced on Sunday that CEO Bob Chapek has stepped down and is...

Bob Iger led The Walt Disney Company (NYSE: DIS) from 2005 to 2020 as CEO. During his 15 years at the helm, he oversaw the company through several large acquisitions (Pixar, Marvel, Lucasfilm, 21st Century Fox) and also orchestrated the launch of the Disney+ streaming platform. Disney+ now competes...

A leading metaverse company announced a new funding round to take the company to a $1 billion valuation and scale the company’s growth plans. What Happened: Avatar technology company Genies announced a $150 million Series C funding round led by Silver Lake. The funding round values the...

Leading NFT powerhouse Yuga Labs announced a new funding round Tuesday that includes some of the largest technology companies and investment funds. The funding round also included the participation of several notable athletes and celebrities. What Happened: Yuga Labs raised $450 million in a seed...

The CEO of the House of Mouse and his predecessor reportedly had an intense falling out. Here’s what led to the division between the two executives. What Happened: Since taking over as the CEO of Walt Disney Co (NYSE: DIS), Bob Chapek has distanced himself from former boss Bob Iger. It was...

The former leader of one of the most well-known companies has joined the board of directors of a metaverse company. What Happened: Former Walt Disney Co (NYSE: DIS) CEO Bob Iger is joining the board of directors of Genies Inc, a company he also invested in. “I was particularly interested in...

Earlier this month, billionaires Thomas Tull and Jim Breyer participated in a $15-million fundraising round for the digital avatar company Genies. Benzinga had the chance to speak with 26-year-old Genies CEO Akash Nigam about the company's rapid growth and why Genies is creating a unique way...

Meet Blend Blend is a group-messaging app with a focus on content. By adding bots into its chat interface, the company is looking to tap into the “AI revolution,” joining tech giants of the likes of Apple Inc. (NASDAQ: AAPL), Snap Inc (NYSE: SNAP) and Facebook Inc (NASDAQ: FB). The...