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Janko Roettgers / Variety:
Media center app maker Plex announces it's shutting down its Plex Cloud service at the end of November, citing costs   —  Media center app maker Plex informed its users Tuesday that it is shutting down its Plex Cloud service at the end of November.  Plex Cloud was meant to simplify the management …
Sep 11, 2018, 4:26 PMIn context
Janko Roettgers / Variety:
Social live streaming startup Caffeine raises $100M led by 21st Century Fox, debuts a new joint venture, Caffeine Studios, to produce esports content and more   —  Social live streaming startup Caffeine continues to add to its war chest with a massive new round of funding led by 21st Century Fox …
Sep 5, 2018, 11:10 AMIn context
Janko Roettgers / Variety:
IMAX says it has canceled the development of a VR camera it had partnered with Google on; source: Google pulled out late last year as it shifted its focus to AR   —  Google and Imax won't be building a virtual reality (VR) camera together after all: A joint camera project that the two companies embarked …
Aug 20, 2018, 5:45 PMIn context
Janko Roettgers / Variety:
Roku beats estimates in Q2 with revenue of $156.8M, up from $99.6M in Q2 2017, and net loss of $100K, as platform revenues grow 96% YoY to $90.3M; stock up 15%+   —  Ad-supported streaming continues to lift Roku's results: The company solidly beat market expectations with its Q2 2018 earnings …
Aug 8, 2018, 5:30 PMIn context
Janko Roettgers / Variety:
The Facebook stock drop foreshadows a potentially less profitable future as it relies more on video formats like Stories with a lighter ad load than News Feed   —  These days, everything seems to be going wrong for Facebook.  The social networking giant is still reeling from the aftermath of the Cambridge Analytica privacy scandal.
Jul 27, 2018, 12:35 AMIn context
Janko Roettgers / Variety:
BitTorrent confirms it has been acquired by blockchain startup Tron; filings suggest about $126M in cash was paid for the company   —  File sharing veteran BitTorrent has finally confirmed that it has a new owner: “We are excited to announce that Tron has officially closed its acquisition of BitTorrent …
Jul 24, 2018, 3:30 PMIn context
Janko Roettgers / Variety:
The Oculus TV app, which displays content in a virtual home theater, debuts for Oculus Go but seems half-baked, with no universal search and clunky navigation   —  Facebook released a new app for its Oculus Go virtual reality (VR) headset Monday: Oculus TV is meant to be a one-stop-shop for watching streaming video content in VR.
Jun 25, 2018, 1:30 PMIn context
Janko Roettgers / Variety:
AT&T unveils 31 TV networks offered in its WatchTV streaming service, which is launching next week for $15/month and is also included in two wireless plans   —  AT&T announced the launch of its new internet service Watch TV Thursday, revealing both the TV networks included in the service …
Jun 21, 2018, 8:55 AMIn context
Janko Roettgers / Variety:
Sources: Roku plans to launch a video subscription marketplace to allow customers to sign up for and watch subscription services without separate apps   —  Roku plans to launch a marketplace for video subscription services in the coming months, which will allow consumers to sign …
Jun 18, 2018, 2:45 PMIn context
Janko Roettgers / Variety:
Source: P2P file-sharing company BitTorrent has been sold to Justin Sun, a blockchain entrepreneur best known for the Tron platform and its TRX cryptocurrency   —  File-sharing pioneer BitTorrent Inc. has been sold to Justin Sun, a blockchain entrepreneur best known for the Tron platform and its TRX cryptocurrency.
Jun 18, 2018, 2:50 AMIn context

Sponsor Posts

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