Thursday, October 2, 2014

10.2.14

Entertainment:
·         Elijah Wood’s new movie is a thriller about celebrity hacking called ‘Open Windows’
·         WIRED is launching a new program with USC for people who want to get an online master’s degree in Integrated Design, Business, and Tech
·         Roku now offers screen mirroring for Android and Windows 8.1 users
·         Twitter UK TV rating will go live this October in partnership with WPP’s subsidiary Kantar Media
·         Starboard Value LP (the company urging Yahoo! to merge with AOL) is pushing for RealD to go private at a valuation of $540MM
·         SoftBank to invest $250MM in Legendary Entertainment
·         Sirius XM Radio will appeal a California federal judge's ruling stating it violated state copyright laws for airing pre-1972 songs by the band, The Turtles, without paying royalties
·         Orange has confirmed that it will offer Netflix's services to pay-TV clients through its set-tops starting in November
·         Google will be hit with a $100MM lawsuit by the celebrities who had their nude photos published on the Internet
·         The second trailer for Stephen Hawking’ love story film ‘The Theory of Everything’ was released today
·         Quentin Tarantino’s New Beverly Cinema has re-opened in LA
·         Neil Diamond has signed with WME after being 30 years without an agent
·         Netflix has signed a pact with Adam Sandler to star in four movies
·         Please see below for a list of Hollywood salaries
·         Ryan Kavanaugh and Dune Capital have bought out Elliot Management's Stake in Relativity
·         iHeartMedia has announced it first Latin festival ‘Fiesta Latina’ which will take place at The Forum in LA on Nov. 22
Tech:
·         Google has launched ‘YouTube for Government’ to help officials better strengthen their online presence
·         LinkedIn-owned SlideShare has launched its first iOS app
·         Hired, the tech hiring site, will be rolling out in LA
·         Elon Musk tweeted that Tesla will unveil ‘The D’ and something else on October 9th
Deals:
·         Gracenote has acquired HWW, an Australian metadata provider, for $19MM USD
·         Berkshire Hathaway to acquire the Van Tuyl Group, the country’s 5th biggest auto dealership
·         Richard Branson's Virgin Money is planning its IPO in London this month, and expects to raise about £150M ($243M) from the offering
·         Chegg has bought internships.com for $11MM in cash and stock
Business:
·         Rovio Entertainment, the maker of the Angry Birds app, plans to lay off 130 employees, 16% of its workforce
·         Box to further delay its IPO
·         Helium, an Internet of Things connected hardware platform, has raised nearly $16MM
·         GoPro’s stock has dropped more than 13% today after the founders have found a way around their lock up restriction
·         A Danish company is building a $335 million seawall around New York
Exec Moves:
·         Relativity has named Steven Mnuchin as Co-Chairman
·         Universal has promoted Nicholas Carpou to President of Domestic Distribution
Retail:
Startups:
·         Insightpool, a startup that helps companies identify and connect with their target audience online, has just raised $4MM in its Series A
·         Ticketbis, a startup that operates an exchange for buying and selling after-market tickets to events, has raised a €5.2 million led by European VC Active Venture Partners
·         Navdy, an in-car projection display from your phone, has raised $6.5MM
·         Tile, the location tracking device and app for valuable items, has raised $15.8MM in its Series A
Government:
Other:
·         Archaeologists discover 4,000-year-old wine cellar in northern Israel


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