Following concerns regarding safety of children on its platform, Facebook Inc. is introducing new features like prompting teens to take a break while using Instagram and alerting them in case they repeatedly view content which may be inappropriate.
The social media giant is also seeking to extend new controls to adults on an optional basis so that parents or guardians can monitor their kid’s online activity.
These steps have been undertaken after Facebook announced in Septeember’21 that it will be temporarily halting work on its Instagram for Kids platform. However, critics argue that the proposed plan lacks details and are
GlobalBees, a direct-to-consumer brand platform, has announced the acquisition of andMe, a femtech firm that focuses on women’s beauty and fitness products, hormonal health and menstrual health.
The acquisition was made for an anonymous amount and comes a month after GlobalBees bought The Better Home- a line of non-toxic home care products.
According to a statement by GlobalBees, the latest investment marks the firm’s entry into the women healthcare industry which was valued at USD 22.5 billion in the year 2020 and is slated to grow at a CAGR of 16.2% between 2021 to 2027.
Leading Japanese telecom carrier SoftBank Corp. has reportedly collaborated with SES for delivering live sporting events to corporate consumers like video distribution companies and TV stations in Japan. As per the agreement, SES, using its expansive global infrastructure of fiber network and multi-orbit satellite fleets, will collect content and deliver it directly to the Japanese telecom carrier.
In offering this service, SES will utilize over 300 downlink antennas situated across the world, including those in its new facility at Stockley Park in London, and its in-house fiber network with connections to other key fiber hubs. Additionally, SES will set a new link to the
ViacomCBS, a mass media and entertainment company, has recently launched a new discounted streaming bundle that packages both Paramount Plus and Showtime together.
This new streaming bundle will initially be made available at promotional prices till 20th October 2021. Notably, the bundle for ad-free or premium members will be priced at $13 per month, which is $8 cheaper than what the users pay for the two services separately. On the other hand, the entertainment company will offer the bundle at $10 per month for ad-supported tiers, which is $6 lower than their separate costs.
ViacomCBS is yet to disclose the normal rates it w
ACE (American Cinema Editors) has reportedly launched its novel International Partnership Program to allow film editors across other nations to become members of the ACE.
For the uninitiated, the International Committee is led by long-time ACE members Michael Ornstein, ACE, and Edgar Burcksen, ACE. In partnership with the Executive Director of ACE, Jenni McCormick, it has been focusing on extending its community of editors, who reside and work outside the U.S. while being members of an editing organization.
Apparently, the committee’s aim for a more united as well as synchronized global film editing family is finally coming to fru
Well-known telecommunication company, Comcast Corporation has reportedly teamed up with ViacomCBS Inc, a prominent entertainment firm, to roll out a new SVOD (subscription video on demand) service to 90 million homes across 20 European territories.
Sources reveal that SkyShowtime will be bringing together decades of direct-to-consumer (DTC) experience along with the best movies, entertainment, as well as original series from the Sky, NBCUniversal, and ViacomCBS portfolio of brands. These will include titles from Paramount Pictures, SHOWTIME, Nickelodeon, Universal Pictures, Paramount+ Originals, Sky Studios, and Peacock.
Florida-based Anchor Yacht Rentals- a platform that connects licensed captains and private yacht owners, has secured USD 2.5 million in seed funding round led by Silverton Partners. After showing a robust 400% organic growth in the year 2020, the company raised the capital to expand its presence across prominent American and international travel sectors.
Founded in 2016, Anchor Yacht Rentals initially rented boats with captains on Lake of the Ozarks, Missouri. Since then the company has grown to more than 700 listings across 20+ cities, positioning coast guard captains that are trained in the field of safety, CPR, navigation, and first-aid, and are subjected to background
Renowned curator of Angry Birds, Rovio Entertainment Corporation, has reportedly signed an agreement to acquire 100% shares in Ruby Games, a leading Turkey-based hyper-casual studio. Notably, Ruby Games developed the hit game, Hunter Assassin, which ranked as the sixth most downloaded game across the world in 2020.
Sources reveal that Rovio, with regards to the agreement, would be acquiring Ruby Games in multiple tranches. Under the first tranche, the company would acquire 20% of Ruby’s shares for $10 million in cash. Apparently, the anticipated closing for this first tranche is slated for the end of Q3-2021 or the beginning of Q4-2021.
INK Entertainment, a hospitality and entertainment company, has recently announced plans to expand its U.S. footprint with 5 new openings across South Florida in the next 8 months. The five new openings will join the existing and highly lauded restaurant, Byblos Miami, and help the company drive significant growth in the South Florida market.
INK, managed by visionary entrepreneurs like Ricardo Tabet, Danny Soberano, and Charles Khabouth, is among the well-known and avant-grade entertainment firms, controlling hospitality venues and properties across North America. Initially, its expansion plan will begin with an injection into the Miami market. It apparently operates a ra