Quibi Is Shutting Down Just 6 Months After Launch. According to 'The Wall Street Journal,' the streaming service is to be one of the shortest-lived to date. The company launched on April 6, 2020, providing content to be specifically viewed on mobile devices. Two plans — one with ads and one without — were available for under $10 per month. . In July, app-tracking firm Sensor Tower claimed Quibi lost over 90% of its subscribers after the three-month free trial was up. . According to The Verge, Quibi has refuted those numbers but never provided alternate figures for reference. Factors that may have contributed to the company's demise include its mobile-only content as people are stuck at home amid the pandemic. or that short-form video content can be found for free with competitors such as YouTube and TikTok. Co-founder Jeffrey Katzenberg attempted to sell off the floundering company earlier this year, but no one took the bait
A Dutch tech researcher says he was able to gain access to President Trump's Twitter account last week by correctly guessing the password "maga2020!" There's a precedent here: He happens to be the same guy who accessed the president's Twitter account in 2016 by guessing the password of "yourefired," reports...
The European Union has imposed sanctions on two Russian officials and part of Russia’s GRU military intelligence agency over a cyberattack against the German parliament in 2015
Nokia to Build First Cellular Network on the Moon for NASA. On Monday, Nokia Oyj announced that they had been chosen by NASA to create the first ever cellular network on the moon. . The network is expected to be available by late 2022. . The Finnish telecommunications firm said that their partnership with NASA would create a “sustainable human presence on the lunar surface.” . The technology will be “ideally suited” for providing the technology that “astronauts need.” . It will make remotely controlled rovers, high definition streaming and real-time navigation possible. . Nokia is working with Intuitive Machines to integrate their work into a lunar lander for delivery and self-configuration on the surface of the moon. . The LTE/4G communications system will also be “ultra-compact, low-power” and “space-hardened.”. The solution has been specially designed to withstand the harsh conditions of the launch and lunar landing, and to operate in the extreme conditions of space, Nokia, via Bloomberg
Tesla continues to electrify investors. The world's most valuable automaker posted a fifth consecutive quarter of profits yesterday after the bell, with beats on both the top and bottom lines. Dan Ives, Managing Director of Equity Research at Wedbush Securities, upped Tesla's bull case from $700 to $800, and say the company's ability to generate profits is a major reason behind his excitement.
The GOP push against Facebook and Twitter has accelerated after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of censorship in the closing weeks of the presidential campaign
Sony Releases Free , Black Lives Matter , PS4 Theme. On Oct. 19, Sony released the "Black Lives Matter Theme" on the PlayStation Store. When the theme is enabled, the bottom of the user interface appears with black and yellow graphics, as well as a raised fist. The hashtag #BLM also appears as part of the free theme. Other companies have taken similar actions. In June, Activision released a 'Call of Duty: Modern Warfare' update that displayed a message supporting the Black Lives Matter movement. Developer Bungie introduced several items supporting Black Lives Matter, including 'Destiny 2' emblems and a "be heard" enamel pin.
The pandemic continued to hit AT&T in the third quarter as closed theaters, wary U.S. moviegoers and the Hollywood shutdown hurt its WarnerMedia movie and TV business
Cheddar has cut through the fluff to bring you the highlights of Thursday night's final debate between President Donald Trump and former Vice President Joe Biden. From coronavirus to fracking, it's all here, so check it out.
Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, and have stolen data from at least two servers
CarLotz, the industry's only consignment-to-retail sales business model for used vehicles, is going public via SPAC, and will be listed on the NASDAQ under the ticker symbol 'LOTZ.' CEO Michael Bor talks about the listing and some of the factors contributing to CarLotz's growth.
Google is facing an antitrust lawsuit from the Trump administration and several GOP led states. Cheddar's Brad Smith takes a close look at the developing battle between Big Tech companies like Google and Facebook against the U.S. government.
Microsoft says its employees’ flights will be taken using sustainable, environmentally-conscious fuel. Microsoft is doing this through a partnership with Alaska Airlines. Lucas Joppa, Chief Environmental Officer at Microsoft, joined Cheddar to discuss.
The Justice Department’s antitrust lawsuit against Google has a judge: Obama appointee Amit Mehta, who was assigned the case Wednesday in federal court in Washington