Disney CEO Faces $2.5 Billion Tech Crisis As Sora Partnership Ends, Epic Games Stumbles

Walt Disney Company is navigating early challenges under new CEO Josh D'Amaro, even as analysts see room for a turnaround. Early Tech Setbacks Cloud Strategy Push D'Amaro has already faced setbacks in two major tech bets just days into his new role. Epic Games announced layoffs of 1,000 employees after newer versions of Fortnite failed to engage users, raising concerns about Disney's $1.5 billion investment in building a digital universe around its characters. Around the same time, OpenAI shut down its So ...