DreamWorks Plans Studio in Shanghai

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By JAMES T. AREDDY

SHANGHAI—DreamWorks Animation SKG Inc. on Tuesday signed plans with Chinese partners to build a $350 million movie studio in Shanghai to capitalize on the success of its Kung Fu Panda film franchise as the studio looks to build up its presence in a fast-growing Chinese movie market.

The studio will be 45% owned by the California animation company, with the remainder held by media-related companies controlled by the Shanghai government. The partners also plan an entertainment zone that could bring the total investment to 20 billion yuan (US$3.14 billion) to be largely funded in China.

The foundation of the project is the animation studio, DreamWorks CEO Jeffrey Katzenberg said in an interview. “The talent must exist here in China if only they had the knowledge, training and opportunity,” he said.
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Virtual reality makes a comeback with Oculus Rift

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By Chris Morris

Virtual reality got a bad reputation in the early 1990s. Proponents overpromised and underdelivered, with crummy graphics and headache-inducing headgear — not to mention prices that were so stratospheric, there was no way anyone could afford to buy a system.

It was a technology that became an afterthought — until game design guru John Carmack took an interest, at least. During the E3 conference in June, Carmack showed off the Oculus Rift headset, a virtual reality device he helped to create using (no joke) Oakley ski goggles, duct tape, and spare miniaturized rocket parts he had lying around his shop.
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Lenovo unveils lighter, quicker ThinkPad laptop

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BEIJING—Lenovo unveiled a lighter, quicker ThinkPad notebook computer on Monday to appeal to customers who like the convenience of tablets and smartphones.

The ThinkPad X1 Carbon will go on sale later this month, the Chinese computer maker said.

Lenovo Group acquired the ThinkPad brand with IBM Corp.’s personal computer unit in 2005. Lenovo passed Dell Inc. last year to become the second-largest PC manufacturer after Hewlett-Packard Co.
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Billboard Hot 100 Singles – Week of Aug 4, 2012

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1. Carly Rae Jepsen, “Call Me Maybe”

2. Maroon 5 f/ Wiz Khalifa, “Payphone”
3. Katy Perry, “Wide Awake”
4. Ellie Goulding, “Lights”
5. Gotye f/ Kimbra, “Somebody That I Used To Know”
6. Flo Rida, “Whistle”
7. Rihanna, “Where Have You Been”
8. David Guetta f/ Sia, “Titanium”
9. Usher, “Scream”
10. Pink, “Blow Me (One Last Kiss)”

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‘Hunger Games’: Target to Sell $999 Mockingjay Pin, Replica of Katniss’ Leather Jacket

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The retailer moves towards upscale collectors items to coincide with the Lionsgate film’s DVD and Blu-ray release.

by Sophie A. Schillaci

Target is going high-end for The Hunger Games DVD and Blu-ray release.

In addition to offering pre-orders of the discs, the retailer has announced that it will be selling a solid 14-K gold Mockingjay pin, like the one Jennifer Lawrence’s Katniss wears in the film, for an astonishing $999.

But the high-end merchandise doesn’t stop there. Target, which is known for offering a variety of items at inexpensive prices, will also be selling a replica of Katniss’ leather hunting jacket for $349 and a lithograph autographed by 10 Hunger Games actors, including Lawrence and Liam Hemsworth, for $699. The catch: Only 100 of each item will be available for purchase.

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Lady Gaga Gets Machete Kills Character Poster

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by Ramin Shabestari

Robert Rodriguez has unveiled a brand new poster for his upcoming sequel to the Danny Trejo-starrer ‘Machete Kills’ featuring pop star Lady Gaga playing a character called La Chameleon.

Nothing has been mentioned about her character’s background or how she fits into the plot. All we say is that Gaga joins an already well-stocked cast of femme fatales that includes Jessica Alba, Michelle Rodriguez and Sofía Vergara.

A sequel to 2010’s ‘Machete’, which in turn grew from a fake grindhouse trailer of the same name, ‘Machete Kills’ sees Danny Trejo returning as the titular character who is recruited by the President of the United States (Charlie Sheen) to take down a Mexican cartel leader with deadly missiles pointed straight at America.
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iPhone 5 production begins in Shanghai, says report

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Pegatron has begun production of the iPhone 5, adding to the growing number of reports claiming that iPhone production lines are humming.

by Brooke Crothers

iPhone 5 production reports are rolling in from Asia with more frequency. This time, a Taipei-based report claims that Pegatron has started making the next iPhone.

The Taiwan-based manufacturer has begun production of a new version of the iPhone at its factory in Shanghai, according to Digitimes, citing “industry sources in Taiwan.”


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Billboard Hot 100 Singles – Week of July 28, 2012

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1. Carly Rae Jepsen, “Call Me Maybe”

2. Maroon 5 f/ Wiz Khalifa, “Payphone”
3. Katy Perry, “Wide Awake”
4. Gotye f/ Kimbra, “Somebody That I Used To Know”
5. Ellie Goulding, “Lights”
6. Rihanna, “Where Have You Been”
7. Flo Rida, “Whistle”
8. David Guetta f/ Sia, “Titanium”
9. Pink, “Blow Me (One Last Kiss)”
10. Usher, “Scream”

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