Friday, February 27, 2015

2.27.15

Entertainment:
·         Vimeo now works with Chromecast the company announced this morning, making it one of the more high-profile services to support Google’s dongle-based media player which plugs into your TV’s HDMI port
·         Kobalt — which has developed platform to help music rights holders collect royalties more efficiently from across different digital music services — has raised a $60MM Series C round led by Google Ventures
·         VLC gets first major release across Windows, Mac, Linux, Android, iOS, Windows Phone, Windows RT, and Android TV
·         ITV is reportedly closing in on a deal to buy John De Mol's production group Talpa Media
·         A ‘Power Rangers’ fan video has been yanked from YouTube and Vimeo in light of copyright-infringement concerns, but it can still be seen on Facebook
·         Saudi Prince Al Waleed Bin Talal is looking to re-launch his shuttered Al Arab TV channel in defiance of Bahraini and Saudi officials who shuttered the channel after only one day on air
·         Denis Villeneuve is in negotiations to direct the sequel to ‘Blade Runner’, with Harrison Ford previously asked but now confirmed to be reprising his role as Rick Deckard
·         Egyptian telecom mogul Naguib Sawiris is set to shake up Europe's television industry with a $40MM play for a majority stake in Euronews, Europe's answer to CNN
·         Will Smith’s con artist comedy “Focus” has opened moderately with $900,000 in Thursday night showings in the U.S.
·         A single tweet on average can add $560 to a film’s opening weekend, according to a new study that Networked Insights shared with Variety
·         Lenny Kravitz has canceled his scheduled tour of Asia and Australia, citing "unforseen scheduling issues."
·         Average UK TV set viewing falls in 2014
·         Content services protection and enhancement technology provider Viaccess-Orca is celebrating a major win with Orange for the latter's new over-the-top (OTT) multiscreen service in France
Tech:
·         As expected, the Federal Communications Commission (FCC) passed new net neutrality regulations today on a vote of 3-2, with the Commission’s two Democratic appointees joining Chairman Tom Wheeler in voting yes
·         Please see below for an interesting article on how Google’s silence helped net neutrality
·         Twitter has announced new measures to expand the process for reporting user safety concerns, and a system that uses phone numbers to prevent those who repeatedly harass others from creating new accounts
·         Ron Johnson — Apple's former retail genius who fell from grace thanks to a short-lived, tumultuous stint as the CEO of JCPenny — just led a $16MM investment in the e-commerce startup Nasty Gal to help it expand its brick-and-mortar presence
·         Swiss watchmakers show off a new line of smartwatches
·         Facebook updated its gender identification settings once again on Thursday, adding a “custom” option to the list of pre-set gender designations users can select from
·         China has dropped some of the world’s leading technology brands from its approved state purchase lists while approving thousands more locally made products in what some say is a response to revelations of widespread Western cyber surveillance
·         Ericsson has joined what seems a growing line of companies taking Apple to court for patent infringement
Deals:
·         Los Angeles-based Demand Media has sold its social media software arm, Pluck, to New York-based Sprinklr, the companies said Thursday
Business:
·         Microsoft is planning to cut 9,000 jobs at two Chinese phone manufacturing plants that originally belonged to Nokia, and will move some of the production to Vietnam.
·         GameStop will likely increase the number of its Spring Mobile stores after the company bid for the right to take 163 leases over from bankrupt electronics retailer RadioShack
·         Fifteen years ago, tech stocks peaked and started to come screaming back to Earth. These days, they’re enjoying another upswing. The U.S. stock index known for being tech heavy — the Nasdaq Composite COMP, -0.12%  — on Thursday traded within 1.2% of the all-time closing high hit on March 10, 2000
Exec Moves:
·         Los Angeles-based i.am+, the smart watch maker founded by will.i.am, said Thursday that it has named Phil Molyneux as the company's new President and Chief Operating Office
·         David Ring, one of Universal Music Group’s top digital business executives, is leaving the company
Retail:
Startups:
·         SKULLY, which has developed the most advanced technology ever applied to a motorcycle helmet, has raised $11MM in its Series A
·         PlayFab, a company that aims to make running live games easier, said today that it had raised $7.4MM in series A funding, on top of $2.5MM raised last year. Benchmark led the round; general partner Mitch Lasky is joining PlayFab’s board
Government:
·         Germany's parliament approved an extension of Greece's bailout today after Finance Minister Wolfgang Schaeuble spoke in favor of the deal, telling parliament: "We Germans should do everything possible to keep Europe together as much as we can."
·         Western powers should consider Russia's legitimate security concerns over Ukraine, a top Chinese diplomat said in an unusually frank display of support for Moscow's position
Other:
·         Taking the stand on Thursday during in the high-profile gender bias trial that pits Pao against Kleiner Perkins, Biglieri testified that before Pao and Vassallo filed complaints in 2012, the company merely posted flyers that mentioned the policy in offer letters and on the walls of its office buildings
·         Irving Kahn, the oldest Wall Street investor, has died at age 109
·         Leonard Nimoy, immortalized as Spock on ‘Star Trek’, died Friday morning at age 83
·         Police say nine people were found dead at five crime scenes near Tyrone, Missouri early Friday morning

Thursday, February 26, 2015

2.26.15

Entertainment:
·         The FCC is expected to approve Chairman Tom Wheeler's proposed "net neutrality" rules today, which will regulate broadband providers more heavily than in the past and restrict their power to control download speeds on the web
·         Nickelodeon today unveiled its new mobile streaming subscription service called Noggin, which will be aimed at preschoolers and priced at $5.99 per month when it launches next month
·         Neil Young and Bob Stevenson launched N3twork, a new social network based on interests rather than friends - it hasn’t taken off like they expected, so they’re pivoting back into mobile gaming
·         Lytro, which is developing a new type of camera that dramatically changes photography, raised $50MM in its Series C
·         Sony Pictures Entertainment has entered into a two-year, first-look deal with Josh Bratman's Immersive Pictures
·         Kevin Spacey will be honored at the April 12 ceremony for his successful 11-year tenure as artistic director of London's Old Vic and his contribution to British theater
·         AMC Networks on Thursday reported improved fourth-quarter financials that exceeded Wall Street expectations
·         Wuaki.tv, the growing Barcelona-based video-on-demand and streaming service with more than two million European registered users, has officially launched in Italy
·         Spotify is taking a break from updating its mobile app to tout a new desktop feature that gives users access to the massive lyrics catalog of Musixmatch
·         The Kardashian klan signed a deal with E! for another four years at a deal of $100MM
·         Walt Disney Co. announced earlier this week that it was increasing its single-day theme-park admission to as high as $105 per person, the naysayers started naysaying
·         With over-the-top (OTT) firms posing increasing real and present dangers to their businesses, increased churn is a reality for pay-TV providers, but research says that the operators maintain a user experience edge
·         TransGaming has inked announced a new milestone partnership to bring its on-demand TV games from GameTree TV to Liberty Global
Tech:
·         Please see below for an article on Xiaomi’s new phone and how it is comparable to an iPhone
·         Apple has issued invites for a new media event on March 9, with the tagline “Spring Forward,” which likely refers to time, hence the Apple Watch is a good guess for the star of the show
·         SolarCity, the solar power startup whose chairman is the seemingly ever-present Elon Musk, has announced a new $750MM fund created to help fund residential solar projects, including defraying the upfront costs of solar panel installation at homes in 14 different states across the U.S. and in D.C.
·         Google announced this morning the launch of a pilot program which will allow mobile application developers the ability to advertise their apps directly within the Google Play store
·         Google has built an artificial intelligence system that can learn – and become amazing at – video games all on its own, given no commands but a simple instruction to play titles
·         Clicking on an InMoji icon leads a consumer to whatever experience the brand wants — video or audio content, exclusive offers, or new tools
·         Dolby dives into virtual reality with Atmos surround sound for VR
Deals:
·         Barnes & Noble said that it would spin off its college bookstores business into a separate publicly traded company, changing up its breakup plans
Business:
·         Samsung Electronics has decided to freeze paychecks for its employees this year, as the tech giant struggles amid a slump in profits, heavy competition and a weak Japanese yen
·         RadioShack has received approval from a U.S. Bankruptcy Court judge to auction off about 2,000 of its stores with an initial $200MM bid from hedge fund Standard General
·         IBM will spend $4B on its cloud services, data analytics and mobile businesses in a bid to turn it into what CEO Ginni Rometty said will be a $40-billion-a-year-in-revenue business by 2018
Exec Moves:
·         Amazon.com has hired President Barack Obama's former spokesman Jay Carney as senior vice president for worldwide corporate affairs
·         Five months after Jane Turton was upped to Managing Director at All3Media amid the company’s sale to Discovery Communications and Liberty Global, she has been handed the CEO job
Retail:
Startups:
·         Twenty20, the startup formerly known as Instacanvas, today announced that it has raised an $8MM Series A round led by Canaan Partners
·         Luxe Valet, the on-demand valet parking app provider which launched into LA in January, has reportedly raised $20MM in a new financing
Government:
·         The Islamic State (ISIS) militant known as "Jihadi John" has been named as Mohammed Emwazi, a British man from West London
Other:
·         Aston Martin has a new carbon-fiber car called the Vulcan, it’s got an 800-horsepower V12 and it will cost $2.3MM - Aston will build just two dozen of them