Apple fv the first tech company to under- \whelm Hollywood. Yahoo! Inc. and Microsoft Corp. spent lions of dllars on TY shows before Pulling back within a couple of years, frustrated ‘pth slow pace of development and thet iti Inytoartracr audiences, Even Arson, a rs cof sidered. wucces sory fs now drwing complains from writers and producers over easing decisions and instances of buying scripts bat nc producing them. The online retaler also hed Resta cet in October over allegations af sexual harassment Searing video is ust one of may fonts inthe ‘obal battle betwee tectuology titans. Aer years ‘of iting with Hollywood, Scan Valley cormpanies are nally writing bg ees, spurting a doubling ‘Of vdeo production verte past decade. Amaze Spe an estimated $4.5 bilion this year on movies and TV shows, while Facebook and YouTube wil Spend more than bilion each. Nei whieh plans to spend 38 billion in 2048, darts thers al "eno one arouses more interest in Holywood than Apple. One reason Ie quichy clinbed the st ‘af places to pitch new shows: the almost cult-ike aahent ay have ff phones." rand isthe most imporeanc thing says Avner, ‘made shows for Shapeht and YouTube tn the process of making aoe for Facebook. By funding original shows, the corupany also ‘can remind exstomers to think of the Apple TY ‘steaming device before the Raku or Amaxoa Fize ‘TV stich and tse Apple’ year-old TV app insteat ‘of Amazon Prime Vie or YouTube. With Phone ‘growth slowing the company i ooking to other visions ta deliver sales. Funes, Apple Music, andthe TV app are part of is services business, ‘where CED Coak wants doublerevenie by 2020, te mbour seo hil, ‘er Apple te’ trying to compete with Walk Disney Co or Nef to become the biggest backer ‘OF TV hus and movies the planet Insead te ‘campany wants ts hows em complement Crone of ‘het networke snd dreaming sever tt comcame cer slrendyuatchon Apple devices fe mew shows, howewer, wile longer be placed on Apple Shc, ‘whic wil iis focus to music related video. ‘whether Apple can channel consumer demand In TV as well as itdoes in smartphones remalns © Tesco Afoandthe tie Apple elie the ease Cargo arate is wp bens decid the TV unitshoul! move uptherelease of Planer of the Apps, {areal compeation secs in wich enareprenears Phd celebrity investors on thelr ea for an 3p, 408 would mab its debut on Apple Musi ine foe be company’s WorKide Developers Confrence In June. Apple exes loved the show ane hough it would endear the ech anc to saftare writes: The ‘henw wast sappmedto berelesud or erp ot ‘mor nd ere wa fo artigo place a ‘al sep nthe age of foo mach Te Apple pressed ‘Arcade show care aad went with ite fanfare ‘Deyood a couple of savage reviews. The show a ‘Mand, tepid, barely competent knock-off of Shark ‘Tank according wo Vries Maureen Ryan, “There's ‘no reason” for Hollywood to lose sleep over i she ‘rote, Apple iebetting te sare wont be ak! out tes bode TV matey. — Luss Shaw GE Turns the Lights Outonthe Immelt Era (© The sinned: doun industrial icon stil pays tat diene (Canew CEO Farnory maintain 7 Fermach ofthe past century, General eric Gx whose history tretchesback to Thomas Edison's Tighoul-had beena symbol othe ithe numbers ‘management credo that ralled Armerican bust. seis before the digital age. But GE's eyesore of an earnings report aa Oct 20 leaves litle doubt thatthe 2s yearold company, with market value (OF 86 bon, i facing a fancal and-cueural "This conof American industry hasbeen forced ‘o-utis earnings and cash flaw octlook so dras ‘cally that investors are now preparing for a ‘once-tnthinkable cut to ie diviend, A rapide Series of high-level departures over the past fee ‘months, beginning withbongeime Chief Psecutive fice ef Inmet, presents a jarring transition {or the compan. Theres even speculation that GE, the only member ofthe original Dow Jones ndustrial average stl on the benchmark, ecu et dropped fom the “There wasa long stretch where GE was viewed ‘asa management leader,says Scott Lawson, vice [resient at Westwood Heldings Group nc, whieh ‘Series more than So ilion i acct. "Somme ‘hememorie ast much longer than the rea” ‘GE's shares have falls 32 porcentin 2017, thle ‘worst year to-date performance since the fancal Crisis. Bur there's bo market crash ta biaroe this time, instead, some ana say toc of te cause lies with management poor capita allocation decisons and GE's cultural shorteomingsand ‘those are actually harder problers to Bix. ram i I i | i i i(Geu its2017 earnings stance ta $.0510S.10 4 hare below an tiialorecsst 0 $1.50 6:70. Likewise, stare for eas ow from sutra oper ‘ning actives was cu almost in al 0 $7 bllon- New C20 Joa Finney’: Earikness about GEx > uressarefreshing chang: to mary ives. But it's ‘sg ao onc work neds tbe dane that ths had topes re for managerentto hive aribonest discussion about ct ow and earings eles thatanalyts have hihlghed soe at east 018. arsnery is se o reveal his tararextd pa foc wen he meets with investors on Ren) Many ofthe species as ar sree the syrbbe ‘are: grounding private planes, pledging to get "dof consusing earings adjstsens, a parting 4 representative fom seit vest Trish Fund Managerent Lon the board, Those tweaks and ‘event 0 blo i ventties Finney ye ‘cansiering wll doe to stanch the tad operating esl that wil persis a east hzough nex! year (ne change tat ould make adierence—thougs challenge to GE's ery DNA-isa reduction ins Aividend. The company was forced cute payout ‘during the Grea Depression and again during the Rascal eis, The ter islance was dubbed by lense ao the west iy of iy tenure a8 CBD Rew Flannery may hare its ete bata doo gai ‘Aker cepial expenditure and pension cots rents, GE willhave only about $2 lion of ree ‘ath low fronts industrial businesses this yea. ‘The dnidend costs more than hillon. 1 doesart lake a mathernain to se tats a problem. GE ‘does have cash of its balance sheet that lt cat ‘oe to pg ths year’s np. Bt Verecal Reseach Partners analyst el Sprague etiates fee esis flo fom ts industrial bsinesaes ill agai fall ‘Short of what's needed to sover the dived it Den, gen the rugs In GE's power unit (Chas already lavished almost $50 bile om ete ater Investors via share byBscks nthe past fe yes. “That would be a conta of «poten that helped create GE's predicament. Under Imes ‘atch, the company unwound GE Capital, puts Sppiances, water, nd industrial salons units Up forsale and divested i take in NICUniversal ‘While there's nothing wrong wie simplifestion, JPMoeyan Chase & Co, analyst Steve Tusa has. est mated those divestitures redced fee ex ow bp abour $7.2 bilion. Aequiiians sich a6 the ‘Stas bln purchase of AMLom S's power tsets Insert generate eaugh cath to mahe up for that. So GE's resources have pote sale, but shor for Pu ‘Yur Dveams-is pursuing what Wargcalls Bs Tee ‘Steen reams: oar arms ner rage tors, sind elect vehicles, which cam alBlp ith he ‘Workdssusuinsbie developers. ‘Wang has hed hie share af skeptics, When be announced that his one battery business was ‘ong to argue an aon 200) vests Bek SSdthe mock fells percent inches day Pe years Inte, BYD' Fa compact was China's best sein ‘car toe, and the company had begun sales of Its trst dal mode pg vices. That asthe ‘year uli» Medmerican Energy Boiings Coy Reale Retire atey Brey Gaga ‘deal acquire 10 percent of BYP for HKSU tion ‘S242 millon atthe dn) The American compe ‘y's imestments now worth amos HK allo, ‘Wangan cred sar indidale says Sokal. Everyuihere we went see thelr fates, was sear he was the deta” ‘Chinas ol new-energy wei sales were only 24000 uni 12008 buy 2016, HYD waste we ‘Biggest protuner ofetcric cars ancad expanded Im leer buses, ois, read sep, a ght ‘rcs. A year later, South Kove gun Sams, "ectonks Co one che partying llon ya. ‘6449 lion for percent of BID alnest debe Balle investment for ome fa age ata i the Chinese cornu. Alarberg Neve “TegngTToy ine org eran Owes ere (Soetircee ru trn heaton crt 23 Stier Em