Media update w.1732

Hej, 

Last week with Disney announcing they’re launching two of their own streaming platforms says it ever so boldly: Media’s transition to direct-to-consumer is accelerating.


Tech
Alibaba invests in Swedish dating start-up Tantan Link
– Payment companies Vantiv and Worldpay agrees to merge in a USD 10 BN deal creating a fierce competitor to companies such as Klarna Link
– Study on decision-making reveals what are the most important choices you can make Link
Facebook launches app in secrecy in China Link


Transpotation
Intel looks to build 100 fully autonomous cars with its Mobileye service Link
Benchmark – long-time Uber investor – sues the former CEO Travis Kalanick Link


Media
Netflix makes its first acquisition – comic-book producer Millarworld for USD 50-100 M Link
Disney cancels Netflix deal and removes all content from the platform and simultaneously announces their own two (!) streaming services Link | Link
Snap continues to get beat by the financial markets on another Quarterly earnings miss as the user growth slows drastically and the company nearly quadrupled its loss QoQ Link
– Parts of the group behind Popcorn time starts streaming recommendation service to compete with Playpilot called Reelgood Link
– What happens when Hollywood studios are hacked and their only assets are exposed Link
Amazon close overall and first-look deal with The Walking Dead Creator Robert Kirkman Link
David Letterman to host 6 episode Netflix serie Link


XR
Apple bets the future of AR will be in a hand held device Link
VR content studio Here Be Dragons raise USD 10M lead by Discovery Link

 

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https://www.weforum.org/agenda/2017/08/a-neuroscientist-who-studies-decision-making-reveals-the-most-important-choice-you-can-make/

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https://techcrunch.com/2017/08/10/snapchat-earnings-q2-2017/

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