A new streaming platform launching this week may be giving us a peek at the future of broadcast entertainment. advertisement advertisement And it’s not Disney Plus. Welcome to the other streaming wars. Live-streaming startup Caffeine, started by former Apple designer Ben Keighran, is emerging out of a two-year beta today and aims to overtake Amazon’s Twitch and Microsoft’s Mixer as the world’s leading live broadcasting platform. The official release version features a completely new design for its website and iOS and Android apps that combines editorial, algorithmic, and social connections to make it easier to discover live broadcasting from gamers, entertainers, and athletes, as well as create your own interactive broadcasts featuring live television content. To date, the company has raised $124 million from lead investors like Fox, Andreessen Horowitz, and Greylock Partners. “The company’s thesis is that if you can become the … [Read more...] about This former Apple designer is taking on Amazon’s Twitch with $146 million and Fox’s backing
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Last May, Stephen Colbert shocked teachers in his home state of South Carolina by “flash funding” all of their project requests made via the education crowdfunding platform DonorsChoose.org–a total of $800,000 worth of grants. A few days later, DonorsChoose.org CEO and founder Charles Best got an email from Twitter cofounder Biz Stone saying he wanted to do the same for all classroom projects in his hometown of Boston, and his wife Livia’s hometown of Richmond, California. Stone said he’d already spoken with Jack Dorsey, who agreed to fund all projects in Missouri, and by the way, Ev Williams was on board to cover San Francisco and Nebraska. advertisement advertisement “It was like a behind-the-scenes philanthropic flash mob forming by one person telling another person,” Best told Fast Company. “I said, ‘Let’s keep it a secret and see if some other people would want to join you. Then let’s unleash all of these … [Read more...] about Celebrities Partner With DonorsChoose.org To Fund $14 Million In Teacher Projects
Sometimes good ideas happen not in the boardroom, but at the dinner table. Last summer, Julie Smolyansky, the CEO of kefir company Lifeway Foods, attended a dinner party with fashion designer Cynthia Rowley. During conversation, Rowley mentioned she was preparing to launch a new line of fashionable athletic wear, and Smolyansky’s ears perked up. advertisement advertisement “Being a runner myself and a sports person, I was so thrilled to have some fashion in my athletic wear,” Smolyansky told Fast Company. “I also thought, ‘Hey, this could be an interesting collaboration where she could design our labels and use a pattern from her collection to kind of bring that design element and fashion and sexiness to our line of kefir products.’” When inspiration hit, she didn’t hesitate. She pitched the idea to Rowley over dinner, and a partnership was born. From March through June of this year, Rowley’s designs will appear on bottles … [Read more...] about Can Cynthia Rowley Make Kefir Sexy?
In many ways, Lakshmi Niwas Mittal’s global trek began with the acquisition of a plant in Trinidad & Tobago in 1989.Earlier in 1976, as a 26-year-old, he set up a plant in Indonesia for his father Mohanlal Mittal. But it was far away in the Caribbean island that Mittal first sowed seeds of a global strategy, which over the next two decades made him the largest steelmaker in the world. ArcelorMittal’s presence would go on to include plants in 18 countries and offices in 60.Thirty years since that first acquisition though, the Trinidad and Tobago unit is a part of Mittal’s global empire that doesn’t make for a pretty picture.Close ArcelorMittal closed the Point Lisas plant in 2016, a day after the worker’s union got a favourable decision from the courts on a pay hike. Low steel prices and increasing costs had already impacted the operations. related news Bharti Airtel posts staggering Rs 23,045 cr net loss in Q2 after AGR provisioning Glenmark … [Read more...] about Lakshmi Mittal ‘s global empire: An asset or a liability in his Essar Steel bid?
A man walks into a pizza shop with an assault rifle, fires it, and points it at an employee. This isn’t the start of a joke. It’s what happened in Washington, D.C., in early December. A scruffy young conspiracy theorist had come to Comet Ping Pong Pizza brandishing and firing a gun in search of a purported child sex trafficking ring tied to prominent liberal politicians supposedly run out of one of its backrooms. advertisement advertisement It’s not clear who gave birth to “pizzagate,” which cropped up shortly after WikiLeaks released John Podesta’s hacked emails. But much of the theory’s fleshing out happened on the social news aggregation site Reddit through a group of pseudonymous Donald Trump supporters on one of the many subreddits where conspiracy theories and far worse things sometimes flourish. When CEO Steve Huffman eventually banned r/pizzagate from the site in an effort to prevent online … [Read more...] about Will Reddit Ever Grow Up?