Quibi’s The content will be live, Hyundai may partner with Apple and Donald Trump will return to Twitter. This is your daily crunch for January 8, 2021.
Big Story: Roku Buys Quibi’s Content Library
If you are wondering what will happen to the QB shows like “The Most Dangerous Game” and “Chrissy Court”, then no more surprises: they are going to Roku.
The streaming TV platform announced today that it has acquired global rights to Qubi’s content library, which it plans to bring to The Roku Channel, free and ad-supported, this year. It includes “more than a dozen” shows that never got a chance to stream on QBee before the app closed.
“The most creative and imaginative minds in Hollywood created groundbreaking content for Quoby that exceeded our expectations,” said Quib founder Jeffrey Katzenberg in a statement. “We are thrilled that these stories, from surreal to sublime, have found a new home on The Roku Channel.”
Hyundai Motor Company shares climb more than 20% on a potential EV deal with Apple – Hyundai said the discussion is still in the “final stages”.
Google’s plan to change tracking cookies goes under UK antitrust investigation – the UK Competition and Markets Authority said it is investigating “suspected violations of competition law by Google”.
Trump returns to Twitter with what sounds like a concession speech – President Trump had to wait only 12 hours before returning to the social network of his choice.
Startup, Funding and Venture Capital
Jobandtalent topped it with $ 108M for its ‘Service to Workforce’ platform – the startup operates a double-sided platform that connects temporary workers with employers.
Detroit’s Ludlow Ventures fund goes for four – a Detroit-based seed-stage firm in the process of closing its fourth fund for $ 65 million.
Jumbotel raises $ 14.2M for its wholesale market in India – Jumbotel said it operates in more than 30,000 neighborhood stores, known as Kirans in India.
Additional crisis advice and analysis
Vice Chancellor discusses gaming’s biggest infrastructure investment opportunities in 2021 – investors highlighted a number of areas for new opportunities, including specialized engines, next-gen content creation platforms, and desktop experiences to port to mobile Tools are included.
What’s with the price of Tesla? – and a bunch of other shares for that matter.
Roblox Gambit – So it turns out that Roblox is worth $ 29.5 billion.
(Extra Crunch is our membership program aimed at democratizing information about startups. You can sign up here.)
Stolen computers are the least among the government’s security concerns – SolarWind breech is a bigger cybersecurity threat than any computer stolen during the pro-Trump riot on Wednesday.
In fact, the five reforms needed to form a cashless society – other aspects of commerce should not be facilitated at the expense.
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