CBS All Access, the network’s over-the-top streaming service for cord cutters, will invest in more original programming, as competition in the market heats up thanks to upcoming entries from Viacom and Disney on the horizon. According to The Hollywood Reporter, CBS All Access is now promising six or seven new original programs will be on its service in the next 12 months. The… Read More Powered by WPeMatico
Author: geekfenceblogger
When future generations look back on 2018 what will they remember? Not much, I suspect, except for this amazing robot that can solve a Rubik’s cube in .38 seconds. The video, above, shows the cube in an unsolved position and then the actuators jump into action, slamming squares into place like some kind of crazed version of Will Smith’s character in The Pursuit of Happyness. Created… Read More Powered by WPeMatico
Fishbrain, the Sweden-made mobile app and social network for sport fishing, is disclosing $13.5 million in Series B funding. The round is led by B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, with participation from SoftBank Ventures Korea, and existing investors Northzone, and Industrifonden. Read More Powered by WPeMatico
Nearly one in five U.S. adults today have access to a smart speaker, according to new research out this week from Voicebot.ai. That means adoption of these voice-powered devices has grown from around 1 percent reach among U.S. adults to nearly 20 percent in just two years – or 47.3 million U.S. adults. To clarify, “access to a smart speaker” means the adults have one in… Read More Powered by WPeMatico
Smart thermostat maker Ecobee just wrapped up a $61 million Series C, bringing the Toronto-based company’s total funding to $146 million. This latest round features investments from Energy Impact Partners, Thomvest, Relay Ventures and, most notably, Amazon’s Alexa Fund, which has taken a particularly interest in the company’s products of late. No surprise, really. Ecobee has… Read More Powered by WPeMatico
Geniac, the London-based startup that provided an “office as a service” for small and medium-sized businesses, is soon to enter the deadpool. Read More Powered by WPeMatico
S&P Global announced today that it will acquire Kensho, a Cambridge, Massachusetts startup that has concentrated on artificial intelligence and analytics for big financial institutions. The total value of the deal is $550 million in a mix of cash and stock. Kensho, which counted S&P Global as a client/partner and an investor, launched in 2013 and has raised $67.5 million, according… Read More Powered by WPeMatico
Magic Leap still hasn’t released a product, but they’re continuing to raise a lot of cash to get there. The Plantation, Florida-based augmented reality startup announced today that it has raised $461 million from the Kingdom of Saudi Arabia’s sovereign investment arm, The Public Investment Fund. The Saudi Arabian fund contributed $400 million of the raise, with… Read More Powered by WPeMatico
Amazon announced this morning it will offer a low-cost version of its Prime membership program to qualifying recipients of Medicaid. The program will bring the cost of Prime down from the usual $10.99 per month to about half that, at $5.99 per month, while still offering the full range of Prime perks, including free, two-day shipping on millions of products, Prime Video, Prime Music, Prime… Read More Powered by WPeMatico
After bringing its pared-down Android app Messenger Lite to mature markets like the US and UK last autumn, Facebook is expanding its features to ramp up engagement. Today, the company announced that it is adding video chat into the mix. Messenger Lite, first launched in 2015 was initially part of an effort from Facebook to build more apps to boost usage in developing countries, where… Read More Powered by WPeMatico