Photo:Elise Amendola Netflix‘s video streaming service added in more subscribers than ever during the crucial holiday season, but the company signaled its growth is slowing in the U.S. as it begins to roll out double-digit price increases in its biggest market. The slightly disappointing forecast issued on Thursday for the opening three months of the […]
Archives for 2019
Consumer giants spurn risks to chase online subscribers
Major consumer companies including Unilever, Procter & Gamble and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind of business has not always worked. The companies are pitching new online subscription services, which promise stable revenues, lower delivery costs and valuable data about customers. The world’s biggest packaged […]
Netflix movie ‘Bird Box’ draws 80 million households; no data for ‘Roma’ yet
FILE- This file image released by Netflix shows Sandra Bullock in a scene from the film, “Bird Box.” Netflix lifted the usually tightly sealed lid on its viewership numbers in a recent tweet that disclosed 45 million subscriber accounts had watched the thriller, “Bird Box,” during its first seven days on the service. That made […]
Chennai-based Komparify app acquires iReff
Chennai-based Cheeni Labs, the company behind Komparify, an online aggregator of mobile, broadband and DTH plans, has acquired mobile recharge plans discovery platform iReff in an all cash deal. The financial details of the acquisition were not disclosed by Komparify. Cheeni Labs intends to run both Komparify and iReff apps independently, and believes that the […]
SoftBank may pick up 42% stake in FirstCry for $400M
SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which owns and operates omni-channel baby and mother care product retailer FirstCry, according to three people aware of the development. The Tokyo-headquartered investment giant, which has been scouting for fresh investments in Asia’s third-largest economy following its $4-billion exit from […]
Prasar Bharati says live TV services must show DD channels
Prasar Bharati, India’s public service broadcaster, said over-the-top (OTT) service providers carrying live TV channels should mandatorily carry all the Doordarshan channels and the ones offering news should be registered with the ministry of information and broadcasting. Prasar Bharati’s comments were in response to the Telecom Regulatory Authority of India (Trai) consultation paper on the […]
Samara Capital-Amazon’s joint bid to acquire supermarket chain More gets CCI nod
The Competition Commission of India (CCI) has approved the Samara Capital-Amazon joint bid to acquire Aditya Birla Group‘s supermarket chain More. However, the fair trade watchdog has done due diligence of the deal only from the point of impact on competition, and it’s for the Samara-Amazon JV Witzig to ensure that the deal is in […]
Cryptomining Malware Uninstalls Cloud Security Products
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IBM to put Watson Workspace out to pasture over lack of adoption
IBM is killing off its AI-powered collaboration tool Watson Workspace after it failed to “resonate” with clients, according to a leaked memo. Watson Workspace is IBM’s answer to Slack or Microsoft Teams, but with AI capabilities. It provided a platform for shared workspaces, collaborations and even hosted third-party apps. But, despite having only been released […]
Quantum-embedded chips could secure IoT
Microprocessors that are unique to each Internet of Things (IoT) device is the way forward in the ongoing and tricky quest to secure the IoT, says Crypto Quantique. One idea is that by making each chip one of a kind and unclonable, an application would become almost impossible to hack. The U.K.-based startup says it has […]