Netflix thinks “Fortnite” is a bigger threat to its business than HBO. The company in its latest quarterly earnings report released on Thursday said that while its streaming service now accounts for around 10 percent of TV screen time in the U.S., it no longer views its competition only as those services also providing TV…
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investing into the market. Today, Go-Jek announced that it has acquired local fintech company Coins.ph through “substantial investment” which gives it a majority stake in the business. The deal is officially…
Most of us believe our time is extremely valuable, certainly worth more than thirty cents. But then you read about human decision-making, and you have to wonder what goes through people’s heads. This time, it is Jeffrey A. Trachtenberg at The Wall Street Journal, who wrote a review of Amazon Publishing, the printing house (if…
The Harman Kardon Invoke was fine. But let’s be real — the first Cortana smart speaker was dead on arrival. Microsoft’s smart assistant has its strong suits, but thus far statement of purpose hasn’t been among them. CEO Satya Nadella appears to have acknowledge as much this week during a media event at the company’s…
European privacy campaigner Max Schrems has filed a fresh batch of strategic complaints at tech giants, including Amazon, Apple, Netflix, Spotify and YouTube. The complaints, filed via his non-profit privacy and digital rights organization, noyb, relate to how the services respond to data access requests, per regional data protection rules. Article 15 of Europe’s General…
With CES in the rearview mirror, Digital Trends Live, DT’s live morning show, returns to its regular format, and in episode 48, hosts Greg Nibler and Adrien Warner dove headlong into the tech world’s biggest news stories. First up, calamitous news for Netflix subscribers: The streaming giant is going to raise its prices. The $11-…
Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new China-focused funds. The firm has set a $300 million target for its second flagship China fund, a significant increase from the $180 million it garnered…
China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as…
Augmented reality technology enables us to see things in places where they may not actually exist. And sometimes, that paradigm might also apply to augmented reality startups themselves. Meta, the AR startup that was incubated at Y-Combinator and became the first to ship a set of “end-to-end” AR glasses (including hardware, software, direct tracking optics…
Flash, the stealthy mobility startup from Delivery Hero and Team Europe founder Lukasz Gadowski, is de-cloaking today, with news that the Berlin-based company has raised a whopping €55 million in Series A funding. Despite rumours that multiple VC firms would be involved, the bulk of the new funding comes from Target Global via its mobility…
