Wednesday, April 15, 2015

4.15.15

Entertainment:
·         Periscope, the Twitter-owned mobile video streaming app, is getting loads of good old-fashioned free publicity today via doddering news reports that some users of the app shared with their Twitter followers the first episode of HBO’s “Game of Thrones”
·         The Los Angeles Dodgers and R/GA said Tuesday afternoon that the two are setting up a new, startup accelerator in Los Angeles, called the LA Dodgers Accelerator
·         “Heads Up!” originally a game Ellen DeGeneres played with her talk show’s audience and later turned into a hot-selling mobile app, is taking the next logical step, becoming a game show on HLN
·         Two months after the California Film Commission board approved new regulations for the state’s film and television tax incentives, Sacramento has signed off - today, the Office of Administrative Law approved the new regs pretty much as the CFC submitted them back in February
·         WME/IMG acquired Australian music-booking powerhouse Artist Voice and Bull Riders, Inc.
·         Children’s app maker Toca Boca will translate those digital experiences into “TV You Can Touch,” interactive video offerings created by a just-launched New York production unit headed by Sesame Workshop veteran J Milligan
·         New Mexico Governor Susana has signed a second bill in seven days that boosts the state's film incentives program
·         Netflix has renewed “Orange is the New Black” for a fourth season, the streaming service announced Wednesday
·         Netflix is teaming with the World Wide Fund for “Nature” and the creators of “Planet Earth for Our Planet” an eight-part natural history series in 4k set to air in 2019
·         Hotel giant Marriott has checked into Hollywood with its Global Content Studio, producing films and shows with the aim of becoming the biggest travel brand in the world
·         Drake's Toronto-based hip hop festival OVO Fest received $300,000 last year from Canada's Ontario government but this year their grant application was denied
·         Al Jazeera's premium sports channel BeIN Sports will be launching in Spain this summer, following a distribution agreement between the Qatari media group and Mediapro
Tech:
·         Spotify, the popular music-streaming service, is soon expected to announce its latest round of funding, an anticipated $400MM from investors at a valuation of $8.4B
·         Tinder released an update today that integrates directly with Instagram, letting users scroll through the Instagram profiles of their potential matches within the app itself
·         Dormi allows you to re-use old Android smartphones or tablets in order to remotely monitor your baby’s room
·         Musicyou raises a Series A round for its private music sharing platform
·         JD.com, the second-largest e-commerce company in China after Alibaba, is taking on its bigger rival with the launch of JD Worldwide
·         Twitter confirmed that NTT Data, which resold Tweets and their metadata in Japan, will indeed no longer have firehose reselling rights come August
·         This weekend, Vine debuted a channel dedicated entirely to Coachella, but did so in a very different way - instead of opening it up to the masses of content about Coachella, they focused on a narrative created by two highly popular Vine users
·         More than a year ago, AOL executives Tim Armstrong and Bob Lord first publicly outlined their plans to unify AOL’s various ad products as a single platform called One - yesterday that platform launched
·         Sixense announced a partnership with SapientNitro and the availability of a VR shopping platform they call vRetail
·         Tumblr 4.0 comes to iOS with new video features, filtered search, and more
·         Samsung has pulled together a 200-person team dedicated to producing screens for Apple devices
Deals:
·         Nokia has announced that it plans to move ahead with the purchase of Alcatel-Lucent, less than one day after confirming that the two companies were discussing a deal - Nokia will pay $16.6B in shares for the rival telecom equipment maker
·         Menlo Ventures is announcing today that it has $400MM in fresh capital to invest in new startups, thanks to the close of its twelfth fund
·         In the latest tech M&A rumor, Yahoo is in talks to buy Foursquare
·         RetailNext, the leader in Applied Big Data for physical retail, delivering real-time analytics that enable retailers, shopping centers, and manufacturers to collect, analyze, and visualize in-store data, raised $125MM in its Series E
·         Hello Alfred, which provides the smart way to take care of weekly errands without actually doing them individually, raised $10.5MM in its Series A
·         New Enterprise Associates has raised the biggest venture capital fund in the industry- $2.8B on its 15th fund
·         Apple has acquired LinX Computational Imaging, an Israeli developer of multi-sensor mobile camera modules declared to deliver SLR-level image quality and superior low-light shots.
·         DJI, a Chinese startup that makes consumer drones, is in funding talks for a round that would make the company worth $10B
Business:
·         On Wednesday the EU’s executive branch, the European Commission, announced it had served Google with a formal complaint known as a Statement of Objections
·         Hawthorne-based SpaceX has delivered another payload into space, successfully launching its sixth, commercial resupply mission to the International Space Station Tuesday afternoon
·         Apple on Tuesday announced that its annual developer conference, WWDC, would take place June 8-12
·         British regulators on Wednesday fined Bank of New York Mellon 126 million pounds, or about $185MM, for failing to comply with rules intended to protect client assets if the bank were ever to become insolvent
·         Intel met first-quarter profit expectations but fell slightly short of revenue estimates after the bell yesterday, citing sluggishness in its personal computer business but strong growth in the data center segment
·         With the FCC's new net neutrality rules published in the Federal Register, AT&T and three industry trade groups representing cablecos and wireless carriers have filed separate lawsuits challenging the rules, which subject firms to heavier "telecom services" regulations
·         Morgan Stanley has been offered more than $1B for its merchant oil trading business by Castleton Commodities International, a U.S.-based trading house
·         After months of negotiations, Target is close to a settlement with MasterCard that would reimburse banks with roughly $20M for costs they incurred from its massive data breach two years ago
·         A Tax Day strike by fast-food workers in more than 200 American cities is expected to be the largest of its kind - the employees demand a $15 per hour living wage for the workforce, more than half of whom rely on public assistance to supplement their incomes
Exec Moves:
·         Lionsgate’s Motion Picture Group just promoted Patricia Laucella, who has negotiated production and talent deals for some of the studio’s splashiest projects, to President of Business & Legal Affairs
·         STX Entertainment has staffed up its marketing department with a quartet of executive hires
·         Jonah Minton, an early member of the executive team at Fullscreen, has left the online-video giant for DigiTour Media, where he will be chief revenue officer
·         Univision Communications has hired Mark Lopez, formerly Google’s head of U.S. Hispanic audience sales, as executive VP and general manager of Univision Digital
Startups:
·         Kymeta, is a communications company that is making WiFi antennas (the size of an extra-large pizza) that will help connectivity on planes
·         Fleep, the team messaging app built and backed by a number of ex-Skype engineers, is another step further in its mission to help wean you off email
·         FightMe is a video challenge app similar that will create campaigns similar to the ice bucket challenge
·         U.K.-based serial gaming entrepreneur Tony Pearce has pulled in another tranche of early stage funding for gamesGRABR, his Pinterest style social network for gamers, bagging £450,000 ($665,000) in seed funding from ~220 investors in a second crowdfunding round, via Crowdcube
Government:
·         China grew at its slowest pace last quarter since the global financial crisis in 2009, official data showed on Wednesday, building the case for further stimulus from policymakers
·         Talks on resolving Greece's financial deadlock resumed on Wednesday amid growing creditor concern that Prime Minister Alexis Tsipras' government won't come up with the necessary overhauls to unfreeze aid by an April 24 deadline
·         Japan is set to overtake China as America's largest overseas creditor when the U.S. Treasury releases its February investment figures at 4 p.m. in Washington
·         The White House announced Tuesday that it is now prepared to sign a modified version of the Corker-Menendez Bipartisan Iran Nuclear Agreement Review Act of 2015, a piece of legislation that in its original form at least was seen as a poison pill to kill the Iran deal
Other:
·         Police in Marana, Arizona released a graphic dash cam video Tuesday showing a police officer running over a robbery suspect in his patrol car
·         Former New England Patriots star Aaron Hernandez was found guilty Wednesday of first-degree murder in a deadly late-night shooting, sealing the downfall of an athlete who once had a $40MM contract and a standout career ahead of him
·         A headache-inducing logic problem from Singapore's Math Olympiad went viral this week, sparking online debates, a Twitter hashtag, and even a song that mimics the process of elimination that leads to the correct answer


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