Here’s one big reason Snapchat is worth $16 billion
Snapchat is raising $650 million at a $16 billion valuation, according to a CNBC report Friday. The new funding comes less than three months after it raised $200 million at a $15 billion valuation in March. The mobile communication app founded in 2011 has raised $848 million in total venture capital money so far.
Business Insider http://read.bi/1d4Pylf
Venture Beat http://bit.ly/1d5pO8u
Opinions & Analysis
What YouTube Taught Me
I’ve been watching a lot of how-to videos on YouTube about baseball gloves, and here’s what I’ve learned. The will to teach — a close cousin of the desire to perform — far exceeds the educational value of most online tutorials. Of course, if you’ve ever sought advice about how to break in a new glove, you already know that.
Streaming Video News
Watch the Disturbing Trailer for Rashida Jones’ Porn Documentary ‘Hot Girls Wanted’
A provocative new Netflix documentary has just bowed on the streaming service, offering a disturbing inside look at the amateur porn industry and the young women who populate it.
Google’s Android TV Wants to Turn Every App Into a TV Channel
Google has a new plan to surface online video on TV: Publishers of internet video apps can now add linear channels of programming to the company’s Android TV platform, where these channels are going to be available in the same program grid also used to navigate broadcast TV networks.
China TV Giant Takes On Rivals Outside the Box
Shanghai Media Group, a state-owned entertainment company, has so much sway in China that Hollywood giants from Walt Disney Co. to DreamWorks Animation SKG have sought it out as a partner.
YouTube Celebrates Its 10th Anniversary With A Video Compilation You Must Watch
YouTube turned 10 on Thursday. The video it released to mark the occasion is nothing short of an amazing tribute to all the different kinds of impossible-to-anticipate genres and varieties of videos that the site has made possible. On the surface, the video pays tribute to the hit genres of the site, like Fails and Memes. What really makes it special, though, is that the production also pays tribute to video techniques.
Levity Entertainment Launches YouTube ‘Wait For It’ Comedy Channel (Exclusive)
Levity Entertainment Group, the comedy-production company whose backers include Irving Azoff and Madison Square Garden Entertainment, has launched YouTube channel “Wait For It” aimed at featuring its own talent as well as up-and-coming Internet comedians.
Bob Berney Joins Amazon Studios as Head of Movie Distribution and Marketing; Albert Cheng Named COO
Bob Berney and Albert Cheng joined Amazon Studios Monday in key roles: Berney will head Movie Distribution and Marketing, while Cheng hops aboard as chief operating officer.
Virtual Reality Is Grabbing Brands’ Attention but Not Their Ad Dollars 3-D video hits challenges before taking off
More than a year after Facebook’s $2 billion acquisition of Oculus Rift and virtual reality’s promise to transform digital storytelling, major marketers are taking the 3-D technology out for a test drive but are far from ready to shift their activations into high gear.
Say hello to Amazon Stream, a Pinterest-like endless shopping experience
It appears that Amazon has been working on a new shopping experience based on pinboards. Stream tempts you with an endless list of products for men, women and the home, in an easy-to-browse format.
The Next Web http://tnw.co/1I0vbDC