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Media/Telecom Entertainment

ViacomCBS Hits 16.2 Million Paid Streaming Subscribers

ViacomCBS reported it has reached 16.2 million paid subscribers to its streaming video service—CBS All Access and Showtime OTT, a 74% increase year over year as more people signed on for the streaming service amidst the coronavirus pandemic. The New York-based media company, whose networks include Nickelodeon, Comedy Central, CBS and film studio Paramount Pictures, hopes to take advantage of the...

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The 100X Club: Software Startup Valuations Skyrocket Despite Small Revenue
The 100X Club: Software Startup Valuations Skyrocket Despite Small Revenue

When San Francisco–based Retool raised new funding this month, investors valued the maker of software development tools at just below $1 billion, or 100 times its annualized revenue of roughly $10 million. This price, essentially a bet that the three-year-old firm’s growth has just begun, is becoming the new standard for financing hot Silicon Valley startups.

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Inside Apple’s Eroding Partnership With Foxconn
Exclusive Asia Apple
Inside Apple’s Eroding Partnership With Foxconn
When Apple’s 2018 iPad Pro was undergoing production trials at the company’s largest outside manufacturer, Foxconn Technology, the Taiwanese firm gave Apple a list of how many workers it needed to develop the new product.
The SPAC Target List: Private Tech and Media Firms in Their Teenage Years
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A dozen private tech and media firms, ranging from BuzzFeed to Getaround, have been left behind in the initial public offering surge of the past two years.
Airbnb’s Spin Master
Exclusive Travel Real Estate
Airbnb’s Spin Master
Chris Lehane was piping mad. Laurence Tosi, Airbnb’s chief financial officer, had accused the Airbnb policy and communications chief of spending millions of dollars before Tosi had signed off on the plans, approval Lehane didn’t think he needed.
The Startup Trap Quibi Fell Into (and I Almost Did Too)
The Takeaway
The Startup Trap Quibi Fell Into (and I Almost Did Too)
This week, Tom and Jessica broke the news that Quibi founder Jeffrey Katzenberg had told people the video startup might have to shut down and then—a day later— reported the shutdown officially.
To Fix Section 230, Target Algorithmic Amplification
Opinion
To Fix Section 230, Target Algorithmic Amplification
It now seems inevitable that the U.S. government will try to roll back some of the protections that Section 230 of the Communications Decency Act has provided to internet companies.
The Tech Giants’ Cultures Are Incompatible With Fixing the Societal Problems They’re Causing
Opinion Policy Google
The Tech Giants’ Cultures Are Incompatible With Fixing the Societal Problems They’re Causing
The chief executives of Facebook, Google and Twitter are rightly under fire for their role in spreading disinformation and hate speech, including in the context of the U.S.