[ad_1] It’s not necessarily surprising that Hulu will use its Disney money to play around with new content. Even before Comcast relinquished its control to Disney, Hulu had bulked up its original content with shows like Catch 22, The Handmaid’s Tale, Shrill and more. It also announced two new Marvel shows Ghost Rider and Helstrom. […]
Category: investment
Facebook unveils a ‘one-strike’ policy for live streaming violations
[ad_1] The policy applies not just to violations on Facebook Live streaming alone. Users could also be banned from live streaming if they share links to statements from terrorist groups without any context, for instance. Rosen said that Facebook plans to expand the restrictions to other parts of the platform and soon, users who violate […]
Faraday Future’s EV dreams live on with (another) bailout
[ad_1] “As part of the vendor program, Birch Lake has also provided financing to FF for the company to pay all past due amounts for approximately 60 percent of FF’s vendor base, including smaller vendors who are owed less than $20,000,” the company wrote. Meanwhile, larger suppliers will be able to exchange unsecured debt for […]
Ford invests $500 million in Rivian to create an ‘all-new’ EV
[ad_1] Rivian stressed that it would remain an independent company, but acknowledged that Ford’s automotive president Joe Hinrichs was joining its board of directors. It’s easy to see the potential benefits for both companies. Rivian, of course, gets another huge injection of cash at a time when its first self-branded vehicles still haven’t reached the […]
Uber’s self-driving unit gets its own CEO and a $1 billion investment
[ad_1] As Uber finally closes in on its IPO, its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a total of $1 billion in its Advanced Technologies Group (Uber ATG), in a deal that values that part of the company […]