Techmeme

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Janko Roettgers / Variety:
Disney-backed startup Jaunt says it has laid off a significant portion of its staff and will shutter VR projects to focus on AR and volumetric capture tech   —  San Mateo, Calif.-based virtual reality startup Jaunt XR is laying off a significant portion of its staff as it shifts its focus …
Oct 15, 2018, 3:58 PMIn context
Janko Roettgers / Variety:
Magic Leap says it will add multi-user chat rooms with custom avatars in November, support for two controllers by early next year, city-wide AR layers, and more   —  Augmented reality (AR) startup Magic Leap used the opening keynote of its L.E.A.P. developer conference in Los Angeles Wednesday to preview its plans for the future.
Oct 10, 2018, 1:50 PMIn context
Janko Roettgers / Variety:
Spotify says it is beta testing Spotify for Podcasters, a program to give any podcaster the ability to syndicate their show via the music service   —  Spotify is beta testing a new program to get more podcasts onto its service.  Spotify for Podcasters gives any podcaster the ability to syndicate …
Oct 4, 2018, 5:55 PMIn context
Janko Roettgers / Variety:
Snapchat Gets Visual Product Search Powered by Amazon   —  Snap is adding visual product search to Snapchat to let its users identify products just by capturing them with their phone camera, the company announced Monday morning.  Snapchat's visual search is being powered by Amazon …
Sep 24, 2018, 2:40 PMIn context
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

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