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Time Inc. has acquired a majority stake in Viant Technologies, the owners of MySpace

Time Inc. has acquired a majority stake in Viant Technologies, the owners of MySpace

Time, Inc. has announced that it has acquired a majority stake in Viant Technologies, Inc., the ad network that is the parent company of MySpace. Terms of the deal were not disclosed but it is reported that the founders of Viant, the Vanderhook family, will retain a minority stake in the company, and it will continue to trade as an independent business. Founded in 1999 Viant's primary business is its advertising platform, with its Viant Advertising Cloud providing marketers access to over 1.2 billion registered users, and is claimed by the company to be "one of the largest registered user databases in... more »
Pandora said to be on the market as Q4 financials show lower subscriber numbers

Pandora said to be on the market as Q4 financials show lower subscriber numbers

Internet radio company Pandora Media, Inc. is attempting to sell itself, at least according to one report Thursday. The New York Times claims that Pandora has hired Morgan Stanley to meet with potential buyers and that talks so far have been preliminary and may not lead to a deal. For its part Pandora Chief Executive Officer Brian McAndrews has neither confirmed nor denied the report, saying instead that the company wasn’t commenting on what he referred to as rumor and speculation. “We are very confident in our ability to continue to drive significant value for our shareholders,” he said. “We are focused on working... more »
Twitch's 2015 retrospective shows esports is still a driving force behind the platform

Twitch's 2015 retrospective shows esports is still a driving force behind the platform

Last year was a time of major growth for Twitch, the Amazon-owned livestreaming service for gamers, and today the site released a retrospective looking back at all of its major accomplishments for 2015, along with a few interesting stats about how viewers and broadcasters have been using the platform. "What did Twitch watch in 2015? A lot. Actually, make that a whole lot," the company said in its retrospective. "And when Twitch watches, the world notices. With an average of 1.7 million broadcasters streaming every month, you logged some serious minutes." According to Twitch, users watched a total over nearly 460,000 years... more »
Even Ubisoft is finally sick of yearly Assassin's Creed releases

Even Ubisoft is finally sick of yearly Assassin's Creed releases

Ubisoft Entertainment SA has been churning out new Assassin's Creed games every year since 2009 (2007 if you count a couple of games for Nintendo DS and PlayStation Portable), but the studio has finally decided to give the franchise a rest this year for the first time in nearly a decade. In a blog post, Ubisoft noted that 2016 is a big year for the Assassin's Creed series with the upcoming release of the franchise's first live-action feature film, which releases on December 21 and will star Academy Award nominated actor Michael Fassbender. "This year, we also are stepping back and re-examining the Assassin’s Creed franchise,"... more »
AR and VR firms Magic Leap and Virtuix join the Entertainment Software Association

AR and VR firms Magic Leap and Virtuix join the Entertainment Software Association

Augmented reality company Magic Leap, Inc. and virtual reality company Virtuix (Virtuix Holdings, Inc.) have joined the Entertainment Software Association (ESA). The ESA is a Washington DC-based association of software developers, publishers and distributors dedicated to service the business and public affairs needs of the video game industry. This news comes after Magic Leap raised a staggering $827 million in Series C funding, increasing its valuation to $3.7 billion to continue its research into producing vivid augmented reality (AR) solutions. Virtuix produces an “Active VR” platform named the Virtuix Omni that “engages the entire body and transforms the gaming experience,” by... more »
Furniture-as-a-Service is a real thing: Swivelfly rethinks enterprise services

Furniture-as-a-Service is a real thing: Swivelfly rethinks enterprise services

The cloud has become a scalable service for businesses on a budget, now furniture is following suite. One startup is targeting the enterprise sector to make furnishing an office that much easier with a Furniture-as-a-Service model that grows with a company. Swivelfly announced the launch of its office furnishing application aimed at easing the transition from small stage startup to successful fast-paced business. It utilizes the Furniture-as-a-Service (FaaS) business model that not many may be familiar with. Swivelfly believes furnishing office spaces should not be a lifelong commitment, as it enables growing companies to outfit their workspaces quickly and with minimal risk. “The... more »
DataRobot snags $33M from VCs to automate machine learning

DataRobot snags $33M from VCs to automate machine learning

There are countless vendors promising to simplify the processing of unstructured information, but most don’t take the idea nearly as far DataRobot Inc. has. The three-year-old startup today closed a $33 million funding round meant to help sustain the edge of its machine learning service, which attempts to automate every major chore involved in creating analytic models starting with the initial learning stage. DataRobot offers a training program aimed at enabling the majority of organizations that lack the in-house talent needed to develop custom algorithms to quickly educate their existing staff in the basics of running a successful analytics project. The... more »
Linux Foundation lines up big guns for open I/O standard push

Linux Foundation lines up big guns for open I/O standard push

The Linux Foundation has teamed with a blue-chip group of corporate sponsors on a project to build an open source input/output (I/O) services framework, primarily focused on networking and storage software. The project, called FD.io (“Fido”) also announced an initial release of its software and the formation of a validation testing lab. FD.io is intended to provide “a modular, extensible I/O services framework that supports rapid development of high-throughput, low-latency and resource-efficient I/O services,” the organization said in a press release. “The design of FD.io is hardware-, kernel-, and deployment-agnostic,” meaning that it can run on physical servers, virtual machines and... more »
Netflix and chill is the second favorite activity for Valentine's Day

Netflix and chill is the second favorite activity for Valentine's Day

Fancy dinner or Netflix and chill this Valentine’s Day? According to one survey, the answer to that may be influenced by which state you live in or how long you've been in a relationship. According to a survey conducted by Finder.com, a personal finance comparison and education site, the state where people live can say a lot about how much they will be spending for their partner on Hearts’ Day. The survey was conducted on over 3,000 Americans, revealing some very interesting data points on the geography of love. Big spenders, stingy casanovas On average, Americans spend $91 on Valentine’s Day and that includes a... more »
Gamers care less and less about owning noobs as they get older, study finds

Gamers care less and less about owning noobs as they get older, study finds

People play games for a variety of different reasons, whether its to challenge their mental prowess or to totally own some noobs, and according to game analytics firm Quantic Foundry LLC, those reasons can change significantly as gamers age. "According to the ESA, the average gamer is now 35 years old," Nick Yee, Quantic Foundry co-founder and analytics lead, said in a blog post summary of the report. "And that average will keep rising as the first gamer generation gets older." "In both the gamer and game research communities, we talk a lot about how men and women like different kinds of... more »
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