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Archivo del Autor: Belen De Leon

Sports streamer fuboTV to expand into ad-supported free streaming

The sports-focused streaming service fuboTV will soon follow the rest of the industry by offering its own free and ad-supported streaming service, in addition to its paid subscription, sometime later this year. The news was exclusively shared with The Wrap (paywalled) in an interview with fuboTV co-founder and CEO David Gandler.

FuboTV confirmed the accuracy of the report to TechCrunch, but declined to provide further details about its forthcoming plans.

Gandler characterized its ad-supported video plans as being “a little bit smaller and more straightforward” than others on the market, but said the company believes it will help fuboTV’s profitability.

The company has been steadily expanding its streaming service beyond sports over the past couple of years, with deals to add channels to its lineup including Cheddar, CBSN, CBS Sports Network, The CW, Pop, and others. Last year, it also launched an “Extra” tier which offers other lifestyle and entertainment channels like BBC World News, Cooking Channel, DIY Network, Game Show Network, Sony Movie Channel, BabyTV, Revolt, INSP, as well as streaming channels like Stadium and People TV, among others.

The cord cutting news site Cord Cutters News and The Streamable both earlier reported some of these networks would come to fuboTV’s free streaming service, but the company tells us that’s not accurate.

FuboTV hasn’t yet detailed its plans for the ad-supported content, but it will face several rivals including Roku’s TV and movies hub, The Roku Channel; Walmart-owned Vudu’s “Movies on Us;” Amazon-owned IMDb’s Freedive; Sinclair’s STIRR; Viacom’s Pluto TV and others.

To clarify the earlier reports, a fuboTV spokesperson told us that  “fuboTV believes in the future of pay TV and we are looking at launching an ad-supported channel not a platform.” They said original programming would be a part of this channel.

Related to its efforts in ad-supported content, FuboTV recently hired Sling TV ad sales exec Chris Flatley, who will assume the role of VP of Ad Sales. He will report to Chief Strategy Officer Hanna Brown and will be based in fuboTV’s NYC headquarters.

The Wrap had also reported that fuboTV will debut a minute-long ad break called “Sports Break,” which will include short-form original content in between two ads in Q3 2019; and it noted fuboTV’s plans for original content. The ad-supported content will debut in either Q3 or Q4, its report said.

FuboTV reported in October 2018 it had grown to nearly 250,000 subscribers — or more than double the 100K it had in October 2017. It also claimed an annualized revenue rate run rate of $102 million in September 2018, compared to $28 million September 2017. At the beginning of 2019, the service raised prices on legacy subscribers by $10 per month, bringing them in line with the $44.99 per month paid by new subscribers.

 

 


Source: TechCrunch

How to think about inclusion in tech, with Chanda Prescod-Weinstein (Part 2)

Technology is very much in the business of, quite literally, changing the world. When I was deciding whether to write for TechCrunch, I tried to imagine a human life on this planet, in 20 or 30 years, that would not have been dramatically impacted in one way or another by the new technologies we’re creating today.

I couldn’t picture such a person, so I decided this ongoing series on tech ethics was the right thing to do with my time.

Below is the second part of my interview with Chanda Prescod-Weinstein, a brilliant young author, activist, and the first Black woman in history to hold a faculty position in theoretical cosmology.

Her work critically analyzing the politics of the science world seems particularly salient to the tech world generally and to the world of tech ethics in particular: for example, Stanford recently launched an enormous new initiative in ethical technology, the “Institute for Human-Centered Artificial Intelligence (HAI),” which boasts plans for a billion dollar investment in making AI “representative of humanity.”

Yet among the 121 HAI faculty members initially announced this March, it has been much discussed that the overwhelming majority were white, most were male, and not a single one was Black. In part one of my dialogue with Prescod-Weinstein, we discussed decolonization and intersectionality; here I’ll begin by asking her about inclusion.

Greg E.: How is the science world doing, in terms of creating an inclusive culture?

Chanda P.W.: I’ve got mixed feelings about the question of inclusion. We need to ask ourselves what our aims are and where we’re going with this. I don’t necessarily think that tokens solve the problem.


Source: TechCrunch

Uber opens at a disappointing $42 per share

At long last, it’s lift-off for Uber. After pricing its initial public offering at $45 per share, at the bottom end of the range it set previously, to raise $8.1 billion, transportation startup began trading today on the New York Stock Exchange, and the shares opened at $42, down from the IPO price.

Ahead of Uber finally making its debut, the company had an indication price that went as low as $42 ahead of live trading. With the overall market in a slump this week over trade woes with China, it’s a challenging time to list, to say the least.

Uber had raised $28.5 billion as a private company from no less than 166 different backers, with its last valuation in the region of $75 billion. The $82.4 billion valuation that it finally settled on for the IPO (selling 180 million shares at $45/share) is definitely up from that, but far from the lofty projections of $120 billion that banks and analysts that floated in the months leading up to today.

The figures nevertheless cement Uber, alongside Alibaba and Facebook, as one of the most valuable tech IPOs in history, and a major beacon for breaking ground in a new area of tech, transportation.

But if it is the sheer scale and potential of the Uber that catapulted it to such financial heights (real and imaginary), it’s the bare financials that have tempered some of those notions.

On one side, Uber essentially created and currently dominates the market for on-demand transportation, which started with the premise of connecting drivers with passengers by way of an app that tracked the location fo both, but eventually evolved into a wider two-sided marketplace ambition that brings together different modes of transportation — including bikes, public busses and more — with human passengers, as well as the movement of other goods like food, all on a global scale.

That model has propelled Uber to 93 million active platform consumers (from 70 million a year ago) and 17 million trips per day across 700 cities on six continents, along with a lot of high hopes from others like PayPal — which are making very late-stage, strategic investments to bank on what it believes could shape up to be a lucrative e-commerce empire in the years to come.

But Uber’s prospects are not without competition — which includes a host of more regional players like Lyft, Gett, Heetch, MyTaxi, Bolt and more — and not without controversy. Even as it goes public, the company is dealing with high-profile driver protests, lawsuits and ongoing regulatory pressures, not to mention a bigger cloud over its business practices that has hovered for years that the company has worked to dispel.

Even today, during the iconic bell ringing, there was a notable absence: former CEO and co-founder Travis Kalanick, who was ousted over the controversies around business practices but still sits on the board, was not up there — although he did show up at the NYSE for the event.

Outside, meanwhile, protestors against the company were also making their voices heard.

Two drivers hold up a protest sign as the Uber banner hangs on the front of the New York Stock Exchange May 10, 2019 in New York

Two drivers hold up a protest sign as the Uber banner hangs on the front of the New York Stock Exchange May 10, 2019 in New York. – Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry, but which comes with simmering concerns about its business model. Shares will be priced at $45 for the initial public offering (IPO). (Photo: DON EMMERT/AFP/Getty Images)

On the pure metric of profit and loss, Uber’s been firmly in the latter column, most recently posting a loss of some $1 billion in the last quarter on revenues of $3 billion -$3.1 billion, versus $2.6 billion a year ago.

Today’s listing is a small pause on the bigger question of how and if Uber will ever turn that boat around. It has made some significant shifts, such as divesting certain regional assets and reducing some of the incentive payments and discounts it made to drivers around the world to lure them to its platform; and under current CEO Dara Khosrowshahi, it has made a concerted effort to play nice on a number of fronts. Khosrowshahi acknowledged the new set of challenges that staff would be facing as of today in a memo he sent out this morning:

“As we move from a private to a public company, our jobs will no doubt become harder and all eyes will be on us. We’ll have an even deeper responsibility to our customers, to our shareholders, to our cities, and to each other. With every share purchased, someone else will join us as a co-owner of Uber — and we’ll gain another person to whom we owe a duty to always ‘do the right thing, period.’

“Remember: while the public markets will keep their version of the “score” and the value of what we build, our true north will be determined over the long term. We will go through periods when we will be misunderstood, as well as periods when we will be hailed as heroes. It’s during those days, regardless of the ups and downs, that we should focus on our work: on creating opportunity, on moving the world, and relentlessly innovating and executing.”

But the big question will still remain of whether all these changes and the recast approach will be enough, and whether — now that it’s listed — public investors will be patient enough. At least in the short term, the performance of its smaller rival, Lyft, which largely operates on similar metrics and business model to Uber, might give some pause: it is currently trading at around $55, well below its debut of $78.29 on March 29.


Source: TechCrunch

Delta to test free Wi-Fi on flights – CNET

Document every minute of your trip on Instagram for no charge.
Source: CNET

After long wait, Sonos is readying Google Assistant update for next week – CNET

It’s finally happening.
Source: CNET

2019 Mazda3 sedan and hatchback earn IIHS Top Safety Pick – Roadshow

Headlights held it back from Top Safety Pick+.
Source: CNET

VW's battery-recycling mobile EV chargers can charge 4 cars at once – Roadshow

The first charger should enter use in Germany next year.
Source: CNET

Tribeca's VR gave life to creepy dolls and alien pals. Here's where they go next – CNET

At Tribeca Immersive, we tried the VR, AR and everything in between, from possessed porcelain dolls to fuzzy alien pets. Here’s how you can catch them too.
Source: CNET

Watch Jeff Bezos unveil his grand space plans here

Grizzled TechCrunch reporter Matt Burns was on site at yesterday’s big Blue Origin reveal, but if you’re reading this right now, odds are you weren’t. It was a small gathering, and Jeff Bezos, who tends to be fairly secret for such a public billionaire, opted not to live stream the fairly intimate press conference.

The full event is now online, however. You can check that out right here:

The TLDW of all of it is that, well, Earth f*****g rules, man. It’s totally the best planet in the solar system, at least so far as sustaining life is concerned. As such, we’re going to be dependent on this little blue marble for a long while, even as human population and energy consumption push its resources to the brink.

Bezos unveiled some pretty sci-fi sounding plans for off-world industries. In the meantime, however, Blue Origin says it can help the U.S. get back to the moon, with help from its new Blue Moon lunar lander. Bezos says the company can deliver the hardware to NASA by 2024.


Source: TechCrunch

Reese Witherspoon’s Hello Sunshine to debut an exclusive lineup of Audible Originals

A year ago, Amazon -owned Audible announced a deal with Reese Witherspoon’s Hello Sunshine to develop exclusive audio productions for Audible Originals — the company’s entertainment offering which features audio content that’s longer than podcasts, but shorter than audiobooks. Now, the first set of these Hello Sunshine original productions are being announced, including performances from music business matriarch Sophia Chang, judge Rosemarie Aquilina, and comedian/activist Maysoon Zayid.

Like Hello Sunshine’s other efforts, the Audible Originals focus on highlighting female storytelling, and join the brand’s other projects across books, film, TV, podcasts, and streaming services like Apple TV+ and Hulu. In addition, last year Audible and Hello Sunshine collaborated to launch a showcase of Audible audiobooks, selected by Reese’s Book Club, which similarly focuses on strong, but complex female characters.

The Audible Original written and performed by Chang, “Baddest Bitch in the Room,” has her telling the story of growing up as the daughter of Korean immigrants in the suburbs of Vancouver, later falling in love with hip-hop music, then starting her career in the music business, where she influenced the careers of major artists, including the Wu Tang Clan.

Judge Aquilina performs “Magnificent Things,” where she talks about her unusual journey to becoming the judge who presided over the trial of USA Gymnastics doctor Larry Nassar. And Maysoon Zayid performs “Limping on the Edge,” which tells her story of being a Muslim comedian with cerebral palsy, and how she uses her platform for her activism.

“We’re honored to have the opportunity to work with Sophia Chang, Rosemarie Aquilina, and Maysoon Zayid on their audio memoirs,” said Charlotte Koh, Head of Digital Media & Unscripted at Hello Sunshine, in a statement. “Each of these singular women have pursued their dreams with conviction, achieved success in the face of improbable odds, and are redefining societal norms around female identity and power. We’re also deeply appreciative of our friends at Audible for working with us to create these incredible listening experiences and providing these women with a premium service that commands a wide and highly engaged audience,” she added.

The launch comes at a time when the Hello Sunshine brand is on the rise thanks to its various high-profile projects, which include HBO’s “Big Little Lies,” and forthcoming video efforts like Hulu’s “Little Fires Everywhere,” and Apple TV+’s “Are You Sleeping” and “The Morning Show.” The company has a number of films in the works, as well, including “Legally Blonde 3” and those that are being developed from Reese’s Book Club picks, like “Where the Crawdads Sing,” and “Eleanor Oliphant is Completely Fine.”

Meanwhile, Hello Sunshine’s collaboration with Audible gives its parent Amazon a connection to the media company, which could help it in other areas of its business — like Prime Video potentially, Amazon Books, and Amazon Video’s marketplace for film and TV, which benefits from sales of popular titles.

Amazon, by way of its subsidiary Audible, also gains a noteworthy set of audio exclusives at a time when major streaming services like Spotify and Pandora are focusing on podcasting and audio. In addition, the deal indirectly helps boost Amazon’s connected speaker business, as it offers Echo owners the ability to stream exclusive original content from Audible.

The new Audible Original programs will debut starting in late 2019 and early 2020, the company says.


Source: TechCrunch

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