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YouTube Restored After Lengthy Worldwide Outage – Update

UPDATE:  After a global outage that lasted over an hour, YouTube is back and up and running. The popular video-sharing service experienced a disruption earlier this evening for a long period of time, causing a panic amongst the Internet masses. After everyone was without their favorite videos, the site was finally restored and the official Team YouTube Twitter account comforted everyone saying: “We’re back! Thanks for all of your patience. If you continue to experience… Read

Business

Jaunt VR Lays Off A “Significant” Number Of Employees As It Refocuses On Augmented Reality

Jaunt VR, an immersive media company whose investors include the Walt Disney Co. and the German publishing house Axel Springer, laid off a “significant portion” of its staff as it refocuses on augmented reality. In a Medium post titled “The Future of Jaunt is AR,” the company announced it would be “winding down” a number of it virtual reality projects in the coming weeks as it restructures. “We are restructuring the company, resulting in letting go of a significant… Read

Business

Facebook Offers New Details About Hacking Of 30M Users’ Data

Facebook

As a followup to its revelation of a major hack in late September, Facebook offered more details about the breach, putting the exact number of users whose information was raided at 30 million. In its earlier disclosure about the breach, Facebook said as many as 50 million could have been exposed. In a blog post today and a briefing with reporters, executives said fewer users were impacted. The social network also offered more details about how the hackers pulled it… Read

Business

James Murdoch In Driver’s Seat To Replace Elon Musk As Tesla Chairman: Report

James Murdoch

James Murdoch, who is in the final stages of detaching from 21st Century Fox before most of it is formally acquired by Disney, has emerged as the favorite to replace Elon Musk as chairman of Tesla, the Financial Times has reported. Musk agreed to step down as chairman of the auto company in late September as part of a settlement with the SEC. The government watchdog had gone after Musk over his stated vow to take the company private. Neither company immediately responded… Read

TV

Snap Launches Original Programming, Unveils First Slate Of Shows

From scripted dramas to mysteries to docuseries, Snap Originals is looking to reinvent the world of mobile TV with their very first — and formal — slate of fall shows The shows come from Snap’s partnership with some of the industry’s biggest names including the Duplass Brothers, Bunim/Murray, The Intellectual Property Corporation, Mark Boal and writers from shows like Riverdale and Friday Night Lights. In Endless Summer (launching Oct. 10), Summer McKeen and Dylan Jordan… Read

Business

Snap Stock Hits New Low; Analyst Says It’s “Quickly Running Out Of Money”

Snap Inc

UPDATED with closing price: Shares in Snapchat parent Snap Inc. took a dive after a harsh report from a Wall Street analyst, who warned that the company is “quickly running out of money.” The stock dropped more than 6% today to close at $7, the lowest closing price since the company’s IPO in March 2017. Trading volume was double the average level. During the final hour of the session, shares dipped to an all-time low of $6.84. Veteran media and tech analyst Michael… Read

Business

Google Shuts Down Google+ After Glitch Exposed User Data

Sundar Pichai Google

Google has permanently shut down its Google+ social network after a software glitch gave outside developers potential access to private user data, the Wall Street Journal reports. The data of hundreds of thousands of Google+ users were exposed from 2015 through March 2018, when Google discovered and fixed the problem. The technology giant opted not to disclose the problem last spring, the Journal reported, in part because of fears of attracting regulatory scrutiny. In a bl… Read

Business

Tech Stocks Get Blitzed As Regulatory Fears Come Back Online

UPDATED with closing prices. The stocks of major tech companies, especially those of the major social media players, pulled back sharply today amid renewed fears that federal regulators could finally rein in their fast-growing businesses. Snapchat parent Snap Inc. has been the hardest hit, reaching a new 52-week low of $7.61 before closing down 5% for the day at $7.80. Facebook, despite owning Instagram, the social network with the best reputation on Wall Street, slipped… Read

Business

You’re Going To Get A Text From The Federal Government Today – And There’s No Opting Out

Most Americans have received an emergency alert on their cellphones — Amber Alert, tornado warning or whatever. But today virtually every American with a mobile device will be hearing directly from Uncle Sam. Whether they want to or not. If your cell is turned on at 11:18 a.m. PT/2:18 p.m. ET, it will buzz and you’ll see a “Presidential Alert” from the Federal Emergency Management Agency, in conjunction with the FCC. And, as FEMA notes, “Users cannot opt out of receiving… Read

Awardsline

Engineering Emmy Awards: Wendy Aylsworth, Avid Among 2018 Honorees

Emmy Awards 2018

The TV Academy today unveiled recipients of its 70th Engineering Emmy Awards, which honor an individual, company or organization for developments in broadcast technology. Among the honorary winners is Wendy Aylsworth, the longtime Warner Bros and Disney tech exec and former chair (and current member) of the Academy's Engineering Emmy Awards committee, who will receive the Charles F. Jenkins Lifetime Achievement Award. Also honored is Avid, which won The Philo T… Read

Business

Netflix Will Let Viewers Determine Endings Of Some Shows: Report

In an effort to find yet another way to make its service sticky, Netflix is planning to roll out interactive features on shows including Black Mirror that will enable viewers to choose their own endings, according to a report by Bloomberg. Citing unnamed sources, the report said projects will be released before the end of the year that follow the model of some kids shows already on Netflix, such as Puss in Book. The technology follows the pattern of videogames, and… Read

Business

Lionsgate Shares Spike As Major Investor Spins Amazon Buyout Theory

Lionsgate

Lionsgate shares surged 8% today, after rising more than 3% yesterday, as a major investor speculated that the company would make for a desirable acquisition for Amazon. The independent company’s stock finished the trading day at $24.42, which is well below its highest level for the year of $36.48 in January. But today’s pop, the fourth straight day of gains, is being linked to vice chairman Michael Burns’ purchase of 50,000 shares as well as the comments by John… Read