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Giphy, the search engine for animated images, aka GIFs, has managed to raise an additional $72 million in funding, effectively raising its value to $600 million. According to a report published by the Wall Street Journal, the GIF making site was able to attract new investments from parties such as Draper Fisher Jurvetson, Institutional Venture Partners, China Media Capital, and other current backers.
The biggest smartphone vendor in the world is still at a loss as to how and why its Galaxy Note 7 suffered overheating and exploding issues -- Samsung admitted as much during a shareholder meeting held recently this week. And because it can not ascertain the cause of its phablet’s problems, for sure, it may not be able to offer a solution soon.
Vine, the mobile app that allowed users to share six second long looping videos, has announced by way of a blog post that it will no longer continue. Acquired by social media giant Twitter about four years ago, Vine went on to become a very popular application. Due to its popularity, any six second video is now automatically called a Vine. Other apps even copied the format, with Snapchat and Instagram also incorporating microvideos in their respective platforms.
AT&T generated a lot of buzz over the weekend when it revealed its plans of acquiring media conglomerate Time Warner for a hefty sum of $85.4 billion. But various industry watchers are now saying that it may be challenging for such a megamerger deal to be approved by regulators. The reason is that a similar thing has happened before, especially with the Comcast-NBC Universal deal struck about half a decade ago, and it did not work out. The concern is that the same thing could happen again.
NBA League Pass allows consumers to live stream every NBA game for as long as they pay the $199.99 subscription (for every team; one team costs $119.99). Through NBA League Pass, basketball fans basically get to watch games on most connected devices, such as a smartphone, a tablet device, or a smart TV. But as good as NBA League Pass, it does not really distinguish between those who watch games on TV or those who watch games via mobile.
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