Tag: entertainment
Daily Crunch: Meet Disney Imagineering’s new robot
We get up close with a robotic Groot, SpaceX has a successful astronaut launch and cryptocurrency prices tumble. This is your Daily Crunch for April 23, 2021. The big story: Meet Disney Imagineering’s new robot Disney Imagineering’s Project Kiwi represents a real robotics milestone — a free-walking robot that seems…
Read More
Netflix blames ‘lighter content slate’ for slowing subscriber growth
Netflix added 4 million net new subscribers in the first quarter of 2021, bringing its total subscriber base to 207.6 million, according to its latest earnings report. Any year-over-year comparison was inevitably going to make this latest quarter seem disappointing, since Netflix grew by an unprecedented rate (15.77 million net…
Read More
Leo AR, user-facing marketplace for 3D objects, raises $3 million seed round
Apple’s introduction of ARKit changed the game for entrepreneurs, not unlike the App Store did on a much, much larger scale back in 2008. One entrepreneur, Dana Loberg, has capitalized on the launch of ARKit with her startup Leo AR. Leo is the result of a few pivots. The company…
Read More
Wonder Dynamics raises $2.5M seed to equip indie filmmakers with AI-powered VFX
Practically every film production these days needs some kind of visual effects work, but independent creators often lack the cash or expertise to get that top-shelf CG. Wonder Dynamics, founded by VFX engineer Nikola Todorovic and actor Tye Sheridan, aims to use AI to make some of these processes more…
Read More
SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group
Iyuno-SDI Group, a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. The company said this makes the fund one of its largest shareholders. Iyuno-SDI Group was formed after Iyuno Media Group completed its acquisition of SDI…
Read More
Bilibili ups the ante in games with $123 million investment in TapTap
Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to content or distribution. Bilibili, the go-to video streaming platform for young Chinese, is the latest to make a major gaming…
Read More