FuboTV has surpassed 1 million subscribers, highlighting its growth in revenue, advertising earnings, and viewing hours. The company also announced that it is acquiring Molotov SAS and Edisnai, a company that specializes in video recognition. The milestone shows how hard it can be to compete with streaming heavyweights like YouTube TV, Sling TV and Hulu with Live TV.
Apple CEO Tim Cook said he owns cryptocurrency. He said he thinks it's reasonable to own it as part of a diversified portfolio. Cook also shot down any idea that Apple might tap bitcoin as a treasury investment. Cook indicated that "[t]here are other things that we are definitely looking at"
TSMC is teaming up with Sony to build a new $7 billion chip factory in Japan. The new plant will focus on older 22nm and 28nm processes in an effort to meet supply constraints for older chips. TSMC's board has also approved a new Taiwan fab that will build out a new 7nm and legacy 28nm process.
House lawmakers reportedly introduced a bill that would require social media companies to offer "unmanipulated content" The bill would require companies to let users switch to a version of their services that is curated by an " input-transparent algorithm" It wouldn't affect companies with fewer than 500 employees or with annual revenues of less than $50 million.
The Crew-2 astronauts returned to Earth this evening after a six-month stay aboard the International Space Station. The group splashed down in the Gulf of Mexico after landing inside a SpaceX Crew Dragon capsule. Their flight marks the third time SpaceX has flown people to the ISS and then safely returned them home. Another crew of four is scheduled to launch to the station on Wednesday, November 10th.
PepsiCo says it will take delivery of 100 Tesla Semi trucks in Q4. The electric trucks are expected to be delivered in 2021, the company says. Tesla's Semi has been pushed back several times, including to 2022. The Semi costs between $150,000 and $180,000.
Andrew Ng, founder of the Google Brain research lab and former chief scientist of Baidu, has raised $57 million from investors for his start-up, Landing AI, which is focused on bringing artificial intelligence to manufacturing companies. The company has developed a computer vision tool that manufacturers can use to create their own visual inspection software.
PayPal announced that Amazon.com will be adding a Venmo option to checkout for users in the U.S. starting next year, linking their accounts to popular mobile payment services for purchases made through both Amazon and the company’s mobile shopping app. The announcement comes as PayPal announced solid third quarter results, with a 13% revenue increase.
Despite the fact that CapitalG signed on for Webflow's Series B, it was clear that the startup was already on the right path. This meant a bit of leverage and an opportunity to be choosier about who it brought on as investors, a good position for both companies.
Niantic is releasing a platform for building what it calls “real-world metaverse” apps, called Lightship, which will let mobile apps identify whether a user’s camera is pointed at the sky or water, map the surfaces and depth of an environment in real time, or place a virtual object behind a physical one.
Uber Eats delivered more than 25,150 pounds of bananas in the U.S. in September, providing a snapshot of what consumers ordered from the online food and grocery delivery service over the past 12 months. The report also delivers alcoholic beverages, which it began after its acquisition of Drizly in February 2021, and the most popular items ordered were large margaritas, Tito's vodka, White Claw variety packs and Corona.
