Monday, September 15, 2014

9.15.14

Entertainment:
·         Netflix expands to central Europe in its biggest international launch to date. It is now available in France, Germany, Austria, Switzerland, Belgium and Luxembourg
·         American Psycho Musical was shut down ahead of its US bow
·         Digital First Media is looking at buyers to help it make the transition from a newspaper to an online news site
·         Please see below for a new Hunger Games trailer
·         Jeffrey Soros and Simon Horsman have formed Los Angeles Media Fund as a full service entertainment production and financing company
·         Frank Ocean’s dad is suing Russell Simmons for $142MM for calling him a deadbeat
·         Claudia Chang of S.H.E Media wants to change women’s media to focus on women’s empowerment and not celebrity gossip
Tech:
·         Several shoe companies are using 3D technology to make customers custom made shoes for them on the spot
·         Apple sold 4 million iPhone 6 and 6 plus pre-orders in the opening 24 hours
·         A Colorado high school student invented a smart gun that unlocks with your fingerprint
·         Govtech Fund raises $23MM to try to avoid another healthcare.gov
·         Kickstarter has launched in Denmark, Norway, Sweden and Ireland
·         Kateeva, a hardware startup that builds flexible displays, raised $38MM
·         LA based fund, Upfront Ventures, is the lead investor in a gluten food testing gadget made by 6SensorLabs
·         Video advertisements will come to Flipboard
·         Side Car, the rise sharing service, raises an additional $15MM to compete against Uber/Lyft
Deals:
·         Microsoft has acquired the Mojang, the creator of Minecraft, for $2.5B
·         Qualcomm quietly acquired Euvision, an AI image recognition startup
·         Square has raised another $100MM
Business:
·         Elon Musk doesn’t plan to take SpaceX public as he would rather try to establish a city on Mars
·         Alibaba is planning to increase its IPO price
·         German car parts maker, ZF, has reached a deal to buy TRW Automotive Holdings for $13.5B
·         Air France’s pilots are on strike and each day it is costing the company $26MM
·         Google is betting on the Nest CEO, Tony Fadell, to help them outsmart Apple in their next product designs
Exec Moves:
·         Whalerock Industries has added 3 new execs to its film/TV unit
Retail:
Startups:
·         RJMetrics, a business analytics company, raised $16.5MM in its Series B led by August Capital
·         Product Hunt, the aggregation site that is a competitor to TechCrunch and other tech blogs, raised $6MM from A16Z
Government:
Other:
·         Tom Skeeter, owner of Sound City Studios, has died


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