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Fizzles

India’s Edtech Startups Regroup as Pandemic Bonanza Fizzles

NEW DELHI—The hottest thing in India’s online-education industry right now is going offline.After two years of blistering growth, sparked by one of the world’s longest Covid-19 school shutdowns, India hosts an increasingly crowded field of education-technology unicorns. Six have hit the $1 billion valuation milestone since the March 2020 nationwide lockdown. They joined Byju’s, which got there in 2017 and is now the world’s most valuable edtech startup, with a $22 billion price tag after a funding round in March,…

Summer Movie Season Fizzles Out, With Few Blockbusters to Count On This Fall

This summer’s movie season started with a bang, but ended with a whimper, running out of hit movies well before its traditional Labor Day conclusion.Hollywood movies earned $3.43 billion at theaters in North America this summer, defined as the period between the first Friday in May and Labor Day Monday, according to box office tracker Comscore. That haul was 21% lower than the summer season in 2019, the last year untainted by the coronavirus pandemic and 19% lower than the average summer gross between 2005 and 2019. It…