The streaming media business is tough. Disney, which has a 30 percent stake Hulu, saw losses of $580 million last fiscal year, according to an SEC filing. This was, the SEC filing states, “primarily due to a higher loss from our investment in Hulu, partially offset by a favorable comparison to a loss from BAMTech in the prior year.” BAMTech is the streaming technology that powers ESPN+ and other services. In total, streaming accounted for more [...]
Sun, Jan 20, 2019, Continue reading at the source
Uber is looking to integrate autonomous technology into its bike and scooter-share programs. Details are scarce, but according to 3D Robotics CEO Chris Anderson, who said Uber announced this at a DIY Robotics event over the weekend, the division will live inside Uber's JUMP group, which is responsible for shared electric bikes and scooters. I'm told that this team will actually live in Uber's @jump_rides group. @UberATG will continue to focus on self-driving cars — Chris [...]
Sun, Jan 20, 2019, Continue reading at the source
Gather a mob and Facebook will now let you make political demands. Tomorrow Facebook will encounter a slew of fresh complexities with the launch of Community Actions, its News Feed petition feature. Community Actions could unite neighbors to request change from their local and national elected officials and government agencies. But it could also provide vocal interest groups a bully pulpit from which to pressure politicians and bureaucrats with their fringe agendas. Community Actions embodies [...]
Sun, Jan 20, 2019, Continue reading at the source
Holden Page Contributor Share on Twitter Holden Page is an editor and journalist at Crunchbase News. More posts by this contributor Furniture startups skip the showroom and go straight to your door If you work in tech, you've heard about artificial intelligence: how it's going to replace us, whether it's over-hyped or not and which nations will leverage it to prevent, or instigate, war. Our editorial bent is more clear-cut: How much money is going into startups? Who is putting that money [...]
Sun, Jan 20, 2019, Continue reading at the source
“You can take away their territory, but they still exist," Charlie D'Agata says. [...]
Sun, Jan 20, 2019, Continue reading at the source
Stung by criticism of its widely reported role as a platform capable of spreading disinformation and being used by state actors to skew democratic elections, Facebook's COO Sheryl Sandberg unveiled five new ways the company would be addressing these issues at the annual DLD conference in Munich, staged ahead of the World Economic Forum. She also announced that Facebook would fund a german university to investigate the eithics of AI, and a new partnership with [...]
Sun, Jan 20, 2019, Continue reading at the source
Those missing off the coast of Libya include 10 women and two children, including a two-month-old baby. [...]
Sun, Jan 20, 2019, Continue reading at the source
We used to be such optimists. Technology would bring us a world of wealth in harmony with the environment, and even bring us new worlds. The Internet would erase national boundaries, replace gatekeepers with a universal opportunity for free expression, and bring us all closer together. Remember when we looked forward to every advance? I just finished Liu Cixin's magisterial science-fiction trilogy Remembrance of Earth's Past. It is very much a bracingly pessimistic story for our [...]
Sun, Jan 20, 2019, Continue reading at the source
A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren't very many of us. The friends we'd convinced during the last holiday season were no longer speaking to us. They had stopped checking their Coinbase accounts. The tide had gone out from the beach. Tokens and blockchains were supposed to change the world; how come nobody was using them? In most [...]
Sat, Jan 19, 2019, Continue reading at the source
Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall Street's fees. That pattens is set to continue in 2019 as Silicon Valley darlings Slack and Airbnb take the [...]
Sat, Jan 19, 2019, Continue reading at the source