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What does it cost to compete with Disney and Netflix? Quibi bets $2 billion
If you’ve never heard of Quibi, the mobile short-form video platform started by former HP CEO Meg Whitman and Hollywood heavyweight Jeffrey Katzenberg, you’re likely not alone. The service hasn’t even launched yet, and it’s not supposed to for another year. But Quibi, which is named after the phrase “quick bite” for the types of…
Kickstarter will not voluntarily recognize its employee union
Kickstarter CEO Aziz Hasan and management will not voluntarily recognize Kickstarter United, its nascent employee union. (The staff is organizing with the Office and Professional Employees International Union (OPEIU) Local 153.) Instead, the company wants a National Labor Relations Board election. In an email to the entire staff, Hasan expressed concern that a union would…
Snapchat has become a content creation tool for Instagram and Twitter users
It’s arguable that Snapchat stopped being culturally relevant when Kylie Jenner declared it dead and Rihanna disavowed it. This past weekend, however, it seemed like everyone was re-downloading, reopening, or trying out Snapchat for the first time in years. The cause was two new Snapchat filters, which allow users to look at gender swapped versions…
Former socialist details the horrors of Venezuela’s downfall
Author Clifton Ross on how socialism destroyed Venezuela. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on…
China is taking our jobs: Sen. Cassidy
Sen. Bill Cassidy (R-La.) on the U.S.-China trade negotiations. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network…
San Francisco bans police from using facial recognition tech
Fox News senior judicial analyst Judge Andrew Napolitano discusses how San Francisco voted to ban the use of facial recognition by police. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the…
Too much vitamin B6 and B12 tied to hip fractures in older women
Older women who take supplements with high doses of vitamins B6 and B12 may be more likely than their counterparts who don’t to experience hip fractures, a U.S. study suggests. Press Release Distribution Service
U.S. abortion rights activists vow to challenge landmark Alabama ban
U.S. abortion-rights activists vowed on Wednesday to challenge an Alabama bill that would ban abortions, even in cases of rape and incest, the latest attempt by conservatives to reverse a 1973 Supreme Court ruling establishing a woman’s right to it. Press Release Distribution Service
Amazon says it has 34 million Fire TV users, building lead on Roku – CNET
The streaming wars continue to heat up. Press Release Distribution Service
NASA spots site of Israel’s heartbreaking moon lander crash – CNET
Beresheet left a mark on the moon. Press Release Distribution Service