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DivX Sues Netflix, Hulu Over Patents

socalTECH

DivX , the streaming video software developer which was started in San Diego, has filed patent infringement lawsuits against both Netflix and Hulu , accusing the firms of usings its video streaming intellectual property. Netflix (court case number 2:2019-cv-01602) and DIVX, LLC et al (court case number 2:2019-cv-01606). READ MORE>>.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. “I n media and entertainment there are lots of isolated studios around the world. in Los Angeles.

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Why Reed Hastings Should be Applauded for Netflix Split

Both Sides of the Table

By now you probably know that Netflix is splitting its business into two parts: its digital streaming business (retains the name Netflix) and its DVD mailing business, which was its original business (to be called Qwikster). With nearly 25 million customers using Netflix it’s clear that everyone will have an opinion on this.

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Tech Giants Mandate Vaccines for Return to Work

Tech.Co

As the world slowlyachieves successful Covid vaccine rollouts, tech giants Netflix, Google, and Facebook are now seeking to keep their employees safe by imposing strict vaccine mandates within their US workplaces. So, what can be learned from the standards being set by campus-based companies such as Facebook and Google?

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FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

TechCrunch LA

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angeles tech community. . ” With all of that, replenishment is not a focus for the company at the moment.

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FabFitFun Names Chief Marketing Officer

socalTECH

The company said that that Louisa Wee has joined the company to help oversee strategy and execution of the company's marketing initiatives, plus brand, content and creative programming. READ MORE>>.

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Gimlet Media and Anchor: What Spotify’s Acquisitions Mean for Podcasts

Tech.Co

It reportedly paid a hefty $230 million to acquire the podcast publisher and network startup Gimlet Media, and has also acquired the podcast monetization platform Anchor for an undisclosed price. The company has stated that it plans to spend a total of $500 million on podcasting investments, meaning it still has a few hundred million to burn.