Entertainment:
·
BuzzMyVideos, a content network which specializes in
international online video content promotion, has raised $2.5MM in Series A
·
Funny or Die, the comedy website founded by Will Ferrell,
Adam McKay and Chris Henchy, has hired a financial adviser to evaluate options
including a possible sale at an asking price from $100MM to $300MM
·
The Motion Picture Association of America entered the
service business this morning with the launch of an ad free website
(WhereToWatch.com) that guides visitors to legitimate online platforms for
particular movies and TV shows
·
Aspen Comics has signed with management and production
company Benderspink
·
Randy Jackson, who has been with American Idol from the
start, first as a judge and then as a mentor, has notified producers that he
won't be returning for the upcoming 14th season
·
No clients are leaving Hollywood heavyweight legal firm
O'Melveny & Myers but several lawyers are making a move to a new firm –
Latham & Watkins
·
CNN Films has named Volkswagen as its presenting sponsor for
its documentaries airing on the news network
·
Ex-Focus Features CEO, James Schamus, will make his
directorial debut with his adaptation of the 2008 Philip Roth novel
"Indignation”
·
Los Angeles taxpayers may be on the hook for $170,000 in
expenses from Jay Z’s Made in America music festival
·
Governor’s Ball announced that it will return to Randall’s
Island June 5-7, 2015
·
Leading German pay-TV firm Sky Deutschland has engaged
satellite operator SES to manage the technical operations of the recently
launched Sky Online service
Tech:
·
Scientists use theories to explain why no one can lift Thor’s
hammer
·
The Rosetta mission was successful in landing a spacecraft,
Philae, on a comet (Churyumov-Gerasimenko)
·
ALMA (Atacama Large Millimeter Array telescope) listens to
the electromagnetic radiation that comes from dying stars and pieces that data
together to figure out what’s going on in outer space. PARTY took the data
recorded from R Sculptoris and mapped it directly to circular disks that could
be played on the holiday symphonium music box
·
October 2015 is the deadline set by the credit card industry
for merchants to upgrade their point-of-sale systems to accept chip-based
credit cards, a more secure upgrade to the magnetic-stripe version
·
Microsoft today launched the Community 2013 edition of
Visual Studio, which essentially replaces the very limited Visual Studio
Express version the company has been offering for a few years now
·
Shark Tank is currently the #1 television show among
families in the US, and Kevin O’Leary states they’re the most successful VC
with a return rate of 33%
·
Retargeting leader AdRoll announced this morning that it is
processing a massive 130 terabytes of advertising data daily and has reached 10
petabytes of stored data from the last 12 months
·
Please see below for an interview with Chance Barnett, the
CEO and founder of Los Angeles-based Crowdfunder, to learn more about equity
crowdfunding
·
thePlatform is launching mpx Replay today, which gives TV
networks the tools to quickly make available programs for catch-up and
start-over viewing across screens
·
At least two top-10 Yahoo shareholders are so unhappy with
Chief Executive Marissa Mayer's turnaround efforts that they are making a
direct plea to AOL CEO Tim Armstrong to explore a merger and run the combined
company
·
Please see below for a live blog from the Samsung Developer
Conference
·
Verizon has announced that the day before Thanksgiving will be
called "Connection Day,” and will give away free Wi-Fi, movies, and
magazines to families stuck at airports
Deals:
·
Yahoo! announced that it is
acquiring video ad company BrightRoll for $640MM in cash
·
Please see below for today’s top
tech funding stories
·
The BB&T Corporation agreed to
buy Susquehanna Bancshares for about $2.5B in cash and stock
Business:
·
Chinese Internet giant Tencent issued a disappointing
third-quarter earnings report today, missing profit estimates
·
Youku Tudou, China’s largest online video company, announced
today that it has entered into a strategic partnership with Xiaomi
·
Amazon is working to make its Cloud Drive service more
competitive in the crowded online storage market by offering it its own API
·
Adaptive Media, which offers programmatic advertising, content
syndication, and monetization products for the mobile, video, and online
display markets, has teamed up in a joint venture with Vipio aimed at the pet
industry
·
British, American and Swiss regulators fined some of the
world’s biggest banks a combined $4.25B on Wednesday for conspiring to
manipulate the foreign currency markets
·
Alibaba's Vice Chairman says he is open to working with
PayPal to expand its payment options
o
http://www.bloomberg.com/news/2014-11-11/alibaba-open-to-working-with-paypal-to-expand-payments.html
·
Volvo will cut around 3,000 employees as part of a savings
plan to boost profitability
Exec Moves:
·
Toy giant Hasbro has promoted
Stephen Davis to the newly created role of Executive VP – Chief Content Officer
Retail:
·
Mercedes has threatened to bail out of New York Fashion Week
·
Macy’s beat the street in their earnings report today
Startups:
·
Vida, an e-commerce platform that
takes advantage of direct-to-fabric technology resulting in the large scale
production of unique apparel from designers around the world, raised $1.3MM in
seed funding
Government:
·
NATO’s supreme allied commander confirmed that Russian
military tanks, artillery, and combat troops have entered eastern Ukraine
within the past two days
·
The U.S. and China unveiled long-term plans to curb
emissions of carbon dioxide and other gases linked to climate change
Other:
·
Pizza Hut has redesigned its
logo
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