Facebook Posts First Ever $1 Billion Quarter in Profits
Advertisers continue to pour into the world’s biggest social network, lifting sales and profit above expectations
Tech
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Collective Digital Studio Switches Name to Studio71
Online-content network will adopt the moniker of its ProSeibenSat.1 counterpart
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20th Century Fox Signs Chinese Streaming Deal with Baidu’s iQIYI
Movies like “The Martian” and “The Revenant” will stream exclusively on Baidu’s video site for China’s 1.4 billion people
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Aereo Team Unveils Cheap, High-Speed Wi-Fi Service Called Starry
CEO Chet Kanojia takes on broadband giants like Comcast, possibly lending a helping hand to cord-cutting
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Apple CEO Tim Cook’s Virtual Reality Plan: Be Vague
Calling virtual reality “really cool,” CEO Tim Cook sidesteps questions about Apple’s VR ambitions
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Apple TV Posts Record Sales in Q1
Apple says its overhauled streaming-video box sold better than in any other quarter
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Apple May Allow Paid Articles in News App (Report)
Apple News would differ from Facebook’s Instant Articles by letting publishers share content for paying readers only
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Twitter Names Amex Exec Leslie Berland as Marketing Chief
CEO Dorsey confirms Berland’s appointment by tweet two days after a wave of executive departures
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Twitter to Tap Ex-Ticketmaster Chief as Interim Media Head
Nathan Hubbard, who joined Twitter in 2013, would temporarily take over the job just vacated by vet Katie Stanton
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Why Twitter’s Executive Shake-Up Hasn’t Calmed Jittery Investors
A slew of big exec exits hammers home what everyone knew: Twitter needs change
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CW Picks Up eSports Web Series ‘Chasing the Cup’
Digital documentary show will launch on the CW’s online platform ahead of a televised one-hour finale next month
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Apple Hires Top Virtual Reality Researcher
The gadget giant has been quietly building a VR force while rivals Facebook and Google steal the spotlight
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Your Move, ESPN: Facebook Launches Hub for Sports
A “Sports Stadium” corner on the planet’s biggest social network threatens to intrude on traditional programmers’ turf
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Twitter Shares Jump on News Corp Bid Speculation
While the rest of the market plunged, Twitter enjoyed a rare day in the black even after Rupert Murdoch’s media giant denied the speculation
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French Music Streamer Deezer Raises $109 Million to Challenge Apple, Spotify
The subscription service replaces its scrapped IPO with a smaller funding round
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Nielsen to Measure Online TV Chatter from Facebook Too
Information company’s gauge of online buzz for TV shows expands beyond just Twitter to include the world’s biggest social network
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Twitter Suffers Widespread Outage
The hours-long disruption revives memories of frequent outages during its early years.
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Why It Just Got Harder to Trick Netflix
If you’ve been using a proxy to watch Netflix’s catalog in other countries, sorry: The free-for-all is over
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Oscar Snubs: Movies Starring Blacks Dominate Online Chatter, Study Says
“Beasts of No Nation,” “Creed” were the most buzzed-about films that got passed over for major nominations, according to Amobee
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How Self-Driving Cars Could Make Streaming TV the Next Radio
Watching TV can rule the road
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ESPN.com Adds Dedicated eSports Coverage
Addition marks growing presence of video gaming as spectator sport at Disney’s giant TV brand
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Netflix, Amazon Strike Out in Hunt for Major Oscar Nods
The streaming sites have quickly come to dominate TV awards, but Netflix’s “Beasts of No Nation” and Amazon’s “Chi-Raq” came up short at the Oscars
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David Bowie Rockets Past Adele’s Record for Online Video Views
Bowie’s catalog of official videos drew the most views for any artist in one day on Vevo and YouTube
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Universal Licenses Music to SoundCloud for Streaming
SoundCloud has 175 million monthly listeners, compared with top webcaster Pandora’s 78 million
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Van Toffler’s New Digital Studio to Launch With Backing of Peter Chernin’s Otter Media
Former Viacom exec calls new digital studio Gunpowder & Sky “defiant love child” of YouTube, Netflix and multichannel networks like Maker Studio
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‘Hateful Eight’ Producer Stacey Sher Named Co-President of Activision Blizzard Studios
Longtime filmmaker will adapt content like “Call of Duty” for film and TV with former Disney exec Nick van Dyk
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Twitter Finally Adds Periscope Live Video Autoplays to Feeds
The social platform acquired the live-streaming service last year, but linked out to streams separately until now
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CW Weighs Launch of Paid Streaming Option (Report)
Owners CBS and Time Warner both have track records with “over-the-top” online subscriptions
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David Bowie Music Streams Explode on Spotify, Pandora
Plays of the pop icon’s music jump 2,700% following news of his death
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AT&T, DirecTV Customers Get New Shot at Rare Unlimited Data Plan
AT&T has been pushing members away from all-you-can-eat data options for their phones, but the company is making unlimited data easy for one category of customer
