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Apple wants to make Oscar-worthy movies to beef up streaming service

11 hours ago DieselGasoil Comments Off on Apple wants to make Oscar-worthy movies to beef up streaming service
Apple CEO Tim Cook gave the commencement address at Tulane University on May 18, 2019.(Tulane University/YouTube) Apple has Oscar envy. Since announcing plans tocompete with Netflix in March, Apple has been busy with a new project: financing six small-budget movies a year with an eye toward stories that could win Academy Awards, sources have told The Read More

Faith in the Fed nudges Wall Street higher

1 day ago DieselGasoil Comments Off on Faith in the Fed nudges Wall Street higher
(Reuters) – Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year. The U.S. central bank is expected to leave borrowing costs unchanged at its two-day policy meeting starting Tuesday, Read More

ProSieben streaming JV to go live, partners with Facebook

6 days ago DieselGasoil Comments Off on ProSieben streaming JV to go live, partners with Facebook
MUNICH (Reuters) – German broadcaster ProSiebenSat.1 Media will launch its streaming joint venture with Discovery Inc, on June 18, with a premium version planned to go live in the coming winter, CEO Max Conze said on Wednesday. The venture, called Joyn, is a key plank of Conze’s strategy to turn around the fortunes of ProSieben Read More

Comcast to double spending at Sky on European original programs

6 days ago DieselGasoil Comments Off on Comcast to double spending at Sky on European original programs
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike Blake (Reuters) – Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky’s success with the mini-series “Chernobyl,” the company said Read More

The media has a big problem, Reuters Institute says: Who will pay for the news?

1 week ago DieselGasoil Comments Off on The media has a big problem, Reuters Institute says: Who will pay for the news?
LONDON (Reuters) – News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don’t want to pay for online news, the Reuters Institute found. FILE PHOTO: Front pages of newspapers and magazines are displayed on an iPhone during the grand Read More

U.S. stock futures gain on China stimulus, tariff relief

1 week ago DieselGasoil Comments Off on U.S. stock futures gain on China stimulus, tariff relief
(Reuters) – U.S. stocks were set to edge back toward record territory on Tuesday, as signs of more fiscal stimulus from China and some easing of last week’s tensions around Mexico buoyed investors’ appetite for risk. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June Read More

Salesforce bets on big data with $15.3 billion Tableau buy

1 week ago DieselGasoil Comments Off on Salesforce bets on big data with $15.3 billion Tableau buy
(Reuters) – Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualize data. The business of analyzing data is fast becoming a battleground, Read More

Wall St. gains as weak private jobs data raises rate cut bets

2 weeks ago DieselGasoil Comments Off on Wall St. gains as weak private jobs data raises rate cut bets
(Reuters) – U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were lifted following the weakest pace of private sector jobs growth in more than nine years in May. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. Read More

Apple iTunes Lives on for Windows PC Users

2 weeks ago DieselGasoil Comments Off on Apple iTunes Lives on for Windows PC Users
In this photo illustration, the logo of the multimedia application iTunes is displayed on the screen of an Apple iPhone on June 03, 2019 in Paris, France.(Photo by Chesnot/Getty Images) On Monday, Apple announced plans to retire iTunes, but the application isn’t completely dead since it’ll live on for users on Microsoft Windows. On Windows, Read More

Plush power? Russian cartoon for kids is coming to meddle with YOUR national songbook

3 weeks ago DieselGasoil Comments Off on Plush power? Russian cartoon for kids is coming to meddle with YOUR national songbook
‘Masha and the Bear,’ the Russian cartoon with an immense following across the world, is expanding its reach. Now, its tiny protagonist is going to teach your kids to sing your country’s favorite song… with a Russian twist. If you are only expecting Russians to breach your borders, hack your democracy and set your neighbors Read More