Tuesday, February 24, 2015

2.24.15

Entertainment:
·         Media management software Plex is making big strides by joining Roku after eking out a niche for itself as an app beloved by a dedicated but specialized audience for years
·         Lionsgate has invested in story-based game publisher Telltale Games
·         Turner Broadcasting System Latin America has launched a new OTT service in Latin America and Brazil, powered by Kaltura's OTT TV platform and IBM's SoftLayer cloud infrastructure
·         The recent cyber-attack on Sony Pictures still is taking a toll: The studio has told SAG-AFTRA that its members' residuals checks might be delayed for three months because of the devastating hack on the company's computer systems
·         Netflix announced it will premiere “Pee-wee’s Big Holiday,” starring Paul Reubens as the odd and exuberant titular character, exclusively in all of its territories
·         While some global entertainment giants are pulling out of Russia, Netflix is considering a move into the troubled territory
·         A new wireless technology that claims exponentially better performance than current mobile networks will be introduced in San Francisco as soon as this year, pending regulatory approval
·         AMC Networks International is to offer it's programming in Latin America later this month after inking a distribution agreement with DIRECTV's subsidiary in the region
·         Spain's third largest pay-TV operator ONO has reached an agreement with Kantar Media for audience measurement through the latter's Return Path Data (RPD) technology which collects data directly from source
Tech:
·         Pebble knew that a return to Kickstarter was the right path for its new hardware, and the speed with which it reached its goal has proven that to be true: Already, the campaign has passed $500,000 on the crowdfunding platform
·         Amazon has been using reader feedback to find and publish new titles via Kindle Press, using the Kindle Scout program it introduced back in October of last year
·         Free calling and messaging service Viber could be banned in South Korea, after the company lost a patent suit to domestic operator SK Telecom
·         Facebook today made two major announcements related to its advertising business. The company has passed 2 million advertisers on its platform and has launched an Ads Manager mobile app
·         Los Angeles-based online advertising technology developer and marketplace operator OpenX is reporting a win this morning with Major League Gaming (MLG), saying that MLG has selected the company as its exclusive provider of ad serving and monetization of its digital media advertising
·         Santa Monica-based membership-based airline Surf Air is telling potential customers that it recently reached 1200 members for its service, which allows members to take all-you-can-fly trips
·         Hitting a record market cap of nearly $775B yesterday, Apple's stock closed up 2.7% at $133, after Barron's predicted over the weekend that the stock could return 25% in a year
·         Inspired a video game worthy of InGen that looks and feels a lot like the hacking sequence from ‘Jurassic Park’, appropriately called I Know This
Deals:
·         Comcast continues to expect to get regulatory approval of its planned acquisition of Time Warner Cable, chairman and CEO Brian Roberts said Tuesday, once again calling it "an approvable transaction."
·         Twilio today announced that it has acquired Authy, a Y Combinator-backed startup that offers two-factor authentication services to end users, developers and enterprises
·         Shareholders in Swedish IT company Aspiro are urging another look at Jay Z's $56MM offer to purchase the firm, saying the price "does not sufficiently value" its long-term potential
Business:
·         Last week FedEx told firearm-access nonprofit Defense Distributed that the company refuses to ship the group’s new tool, a computer controlled (CNC) mill known as the Ghost Gunner
·         IBM has been setting its sights on helping customers manage the hybrid cloud world, and today it announced a series of initiatives it hopes will make it simpler to manage a broad range of resources by treating them as a single entity
·         The sharp drop in oil prices in recent months has opened up opportunities for private equity firms if they pay attention to the details said Leon D. Black, the founding partner of Apollo Global Management
·         BHP Billiton reported a 47% Y/Y drop in net profit as its two most important commodities, iron ore and oil, collapsed in value last year, but the results beat market forecasts
Exec Moves:
·         Tom Rothman to replace Amy Pascal at SPE
·         Universal Music Group president of global digital business Rob Wells has announced he is leaving the company after nearly 15 years' service
Retail:
Startups:
·         Sense, is an orb-like sleep monitor the size of a baseball. It receives signals from a sensor attached to your pillowcase to tell you seemingly everything you might ever need to know about how well you are sleeping and why
·         Hassle-free “build your own app” startup AppMachine has announced a $15.2MM funding round, as Web-hosting and domain registration behemoth Endurance International Group takes on 40% in shares
·         DriverUp, which is an online marketplace built exclusively for automotive financing, raised $50MM in its Series A
·         Mack Weldon, a simple menswear company, raised $4MM in its Series A
Government:
·         Republicans are increasing pressure on the FCC to delay Thursday's net neutrality vote, saying the public needs time to see and review the plan
·         One question that has captivated journalists ever since Edward Snowden arrived in Moscow, where after several weeks trapped in an airport he was granted Russian asylum, is the extent and nature of his relationship with the Russian government
·         Eurozone finance ministers on Tuesday approved Greece's bailout reform proposals, handing the debt-wracked nation a four-month extension of its financial rescue program
Other:
·         A new radio unit can be fitted into Porsche models with a single din radio slot. Since it’s from Porsche, it matches the interior theme perfectly unlike something that can be purchased from Best Buy - this latest version adds Bluetooth and an SD card slot to the mix
·         A fire ignited by sun rays refracted through an emptied nutella jar on a girl’s bedroom windowsill tore through a southwest London home and caused the death of a family dog
·         At least 30 people were injured when a Los Angeles-bound train struck a tractor trailer early Tuesday morning
·         Bill O’Reilly threatened a “New York Times” reporter not to publish anything he deemed inappropriate


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