GalaPro is bringing technology to the theater space. The company has launched a mobile app that does closed-captioning from any phone in the theater and is officially in the Shubert Theaters in NYC.
Yonat Burlin is the CEO of GalaPro. She joins Cheddar to explain how this technology is equalizing the theater space. Burlin says voice recognition technology helps synch the whole system from stage to phone.
When it comes to what is next, Burlin explains that the company is already talking to different theater groups like Lincoln Center and regional theaters across the country. And when it comes to scalability, Burlin acknowledges that theater is not as fast as cinema but she is confident that GalaPro has tapped into strong networks.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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