Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent

Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion-dollar backing until the end of 2019, but talent keeps signing up to come along for their ride into the future of serialization. The latest marquee director to sign on the dotted line with Quibi is Catherine Hardwicke, who […]

The highest-flying consumer tech stocks have lost $1 trillion

Another day, another stock market setback for once high-flying technology companies, which have lost roughly $1 trillion in the latest stock market slide. Shares of the core group of consumer technology companies, including Facebook, Amazon, Apple, Alphabet and Netflix, are falling again — contributing to the big indexes like the Dow Jones Industrial Average and the […]

Interest rates and fears of a mounting trade war send tech stocks lower

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to […]

Netflix is testing a mobile-only subscription to make its service more affordable

Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets. CEO Reed Hastings told Bloomberg last week that the company would test lower-priced packages and it hasn’t taken long for those experiments to come to light. The first reports are from Malaysia, […]

Facebook Lasso app lead Brady Voss leaves for Netflix right after launch

Facebook Lasso has a steep uphill climb ahead as it hopes to chase the musical video app it cloned, China’s TikTok (which merged with Musically). Lasso lets you overlay popular songs on 15-second clips of you lip syncing, dancing or just being silly — kind of like Vine with a soundtrack. It’s off to a […]

Live streaming studio, Culture Genesis, launches its first show, the quiz-based Trivia Mob

[embedded content] A new generation of entrepreneurs is emerging to refashion the Los Angeles studio system for the digital age, forming companies that combine live-streamed video, podcasts and the newfound social media celebrities to craft entertainment for a new breed of consumer. Two of those startup founders, longtime Apple executive Cedric Rogers and former developer […]

YouTube VR finally lands on the Oculus Go

Today, Google’s YouTube VR app arrives on the $199 Oculus Go, bringing to Facebook’s entry-level VR device the largest library of VR content on the web. YouTube brings plenty of content in conventional and more immersive video types. It’s undoubtedly the biggest single hub of 360 content and native formats like VR180, though offering access […]

David Attenborough to voice Netflix’s nature conservation series, Our Planet

Netflix has persuaded everyone’s favorite naturalist, David Attenborough, to voice its forthcoming original nature documentary series, Our Planet, which is slated to put conservation squarely in the frame, not just offer glorious animal eye-candy. It’s a timely moment to focus on conservation, with climate change posing existential threats to global biodiversity — unless humans act to […]

Facebook’s GraphQL gets its own open-source foundation

GraphQL, the Facebook -incubated data query language, is moving into its own open-source foundation. Like so many other similar open-source foundations, the aptly named GraphQL Foundation will be hosted by the Linux Foundation. Facebook announced GraphQL back in 2012 and open sourced it in 2015. Today, it’s being used by companies that range from Airbnb […]

Consumers spent $329M on the top 10 subscription video apps last quarter

Last year, the top subscription video apps like Netflix and Hulu raked in a combined $781 million, and that trend is showing no sign of slowing down in 2018. In the third quarter of 2018, U.S. consumers spent an estimated $329 million in the top 10 subscription video-on-demand apps across the App Store and Google […]