Friday, January 16, 2015

1.16.15

Entertainment:
·         Ending a three-week fight, Dish Network has reached a new multiyear distribution agreement with Fox News and is putting the 14 million subscriber channel back on its satellite-TV service
·         Grand Budapest Hotel is back in theaters after receiving multiple Oscar nominations
·         Warner Bros./Village Roadshow’s wide expansion of American Sniper is just getting warmed up, racking up $5.3MM last night
·         Idina Menzel and John Legend to the list of performers at Super Bowl XLIX
·         Regal Entertainment Group shares slipped 1.6% in post market trading after the No. 1 exhibition chain said that its board has decided that a sale “would not be in the best interest of its shareholders at this time.”
·         A Cowen & Co. analyst has upgraded Netflix stock to an outperform rating, citing rising original content
·         The four surviving original members of the Grateful Dead plan to reunite in July for three performances in Chicago that are billed as the band’s final shows
·         Startup digital entertainment outfit FAV! Network is taking aim at one of the most online-savvy and fastest growing demographics worldwide: Latino millennials
·         Google has streamlined concert and ticket searches
·         The Spanish national football competition La Liga continues to grow, creating a solid brand, and its YouTube channel has now exceeded 100 million plays since it launched over two years ago
Tech:
·         Facebook is opening up many of the AI tools it uses to drive its online services
·         Please see below for article on why Google Glass will most likely not succeed, as the team is no longer with Google X Labs
·         UCWeb, which makes the world’s largest third-party mobile browser by pageviews, has partnered with Facebook in India so users there can get the social network’s notifications directly in UCBrowser
·         So Much Drama is bringing a reimagined version of the film Mean Girls to iOS
·         Please see below for a breakdown on the cost and reward of making a hit iOS game
·         Dudr is a new app the gamifies photo sharing
·         Skype revealed it was making group video calls free for Windows, Mac, and Xbox One users, the feature is now being made available gratis on TVs too, alongside full HD support
·         After being accused in 2011 of limiting job mobility and keeping a lid on salaries, four Silicon Valley giants, including Apple, Google, Intel and Adobe, have agreed to pay $415MM to resolve the antitrust class action lawsuit
·         SpaceX releases dramatic pictures and video of failed Falcon 9 landing
·         Please see below for an interesting article on FanDuel and its players
Deals:
·         Chinese taxi-booking app, Kuadi Dache, announced a $600MM round led by SoftBank, with participation from existing investors Alibaba and Tiger Global
·         Mobile startup accelerator Tandem is announcing that it has closed a third fund totaling $100MM — a big step up from its second, $33MM fund
·         Shutterstock announced that it has acquired Rex Features, Europe’s largest independent photo press agency, and PremiumBeat, a stock music and sound effects service that will complement the company’s recently launched Shutterstock Music service
Business:
·         Fallout from Switzerland’s wildly swinging currency ricocheted around the world, hitting global banks with tens of millions of dollars in losses and triggering the collapse of some brokerage firms
·         Elon Musk revealed some new information about SpaceX’s most recent reusable rocket landing attempt following the launch of its Dragon space capsule to resupply the International Space Station
·         Elon Musk is still working on building his Hyperloop for speed transportation
·         Venture capitalists invested more than $1.3B in Southern California startups, according to the latest MoneyTree Report issued by PricewaterhouseCoopers
·         Goldman Sachs reported today that its profit dropped 7% during a fourth quarter that was challenging for most of the big banks
·         RadioShack is in talks to sell leases on some stores to the wireless carrier Sprint
·         BP faces a maximum fine of $13.7B under the U.S. Clean Water Act, after Judge Barbier ruled yesterday that the company dumped 3.2M barrels of oil into the Gulf of Mexico in 2010
Exec Moves:
·         Facebook’s Design team has picked up the partners from Teehan+Lax, the Toronto design firm responsible for the good looks and excellent UX high-profile tech startup projects including Medium
·         Morgan Stanley has promoted 151 employees to managing director
Retail:
·         China’s Alibaba Group plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China’s vast and growing middle class
Startups:
·         Sense360, which uses sensors to help app developers build more personalized and contextual experiences to better engage and retain their users, raised $2.8MM in seed funding
·         Lynda.com, which is an online learning company providing video tutorials to learn software, creative and business skills, raised $186MM in its Series B round
Government:
·         Saudi Arabia is constructing a 600 mile great wall to shield itself from ISIS
Other:
·         Ziv Schneider, a student in NYU’s ITP program, is the creator and curator of The Museum of Stolen Art, a virtual space dedicated to artworks “that cannot be viewed physically anywhere in the world.” It’s a museum that’s only possible in virtual reality
·         2014 was the Earth’s warmest year on record


No comments:

Post a Comment