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Quibi on Track to Have Less Than 2 Million Subs After First Year

By Jessica Toonkel
· · Source: The Wall Street Journal

Jeffrey Katzenberg’s Quibi is on track to have less than 2 million paid subscribers by the end of the first year–well below the 7.4 million the company had targeted, according to the The Wall Street Journal. Katzenberg launched Quibi in April amidst the coronavirus pandemic and a lot of industry debate about whether the short-form video service could be successful. The figures cited by the...

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Is Oracle Biting Off More TikTok Than it Can Chew?
By Alex Heath · Sept. 22, 2020 8:30 PM PDT

New details about a way Oracle envisions managing TikTok user data and rewriting the app, and how TikTok’s technology actually operates, underscore how hard it could be for Oracle to separate the app from its Chinese owner.

At the same time, Oracle has held preliminary discussions with the U.K. government about protecting TikTok’s user data in that country, similar to its plan in ...

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