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Forecast: Linear ad market collapsing
MoffettNathanson predicts 2024 will be the year linear TV advertising model fails. “We had initial concerns about the early promises of a second-half 2023 recovery […] In all honesty, despite these concerns throughout the years, linear TV has ended up even worse than we expected,” writes Michael Nathanson. Nathanson has lowered his forecasts and he…
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Ramp CEO says the fintech startup is just scratching the surface
Fintech exploded over the last five years. Startups in the category raised more than $350 million in VC funding from 2019 through 2023, according to data from CB Insights. Despite all that growth, Eric Gylman, the co-founder and CEO of Ramp thinks that the industry, and companies like his, are just scratching the surface. Glyman…
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Paramount+ to roll out ad tier in Canada, Australia
Paramount+, the SVoD service from Paramount, has announced launch timing and pricing for its international ad-supported subscription offering, the ‘Basic (with ads)’ plan. The plan will roll out in April in Canada and in June in Australia, priced at C$6.99 and A$6.99, respectively. The Paramount+ ‘Premium’ plan will also roll out in Europe, beginning with…
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Nala set out to offer remittance services, it’s building a B2B payment platform too
Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech…
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WBA completes OpenRoaming trial in London
The Wireless Broadband Alliance (WBA), the industry body dedicated to improving Wi-Fi standards and services, has announced the successful completion of an advanced public Wi-Fi OpenRoaming proof-of-concept (PoC) in Shoreditch, London. A busy area for businesses, students and evening footfall, the PoC enabled phone users to seamlessly connect to Wi-Fi and move between cellular and…
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C4 chooses Witbe to automate QA testing of app
Witbe, the specialist in test automation and monitoring technology for video service providers, has announced a new customer in Channel 4 Television Corporation — owner and operator of one of the UK’s biggest free streaming service and a number of television channels including E4, More4, Film4, and 4seven. Channel 4 is utilising Witbe’s technology to…
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Gcore launches AI Automated Speech Recognition
Gcore, the edge AI, cloud, network, and security solutions provider, has announced the public availability of its Gcore Artificial Intelligence Automated Speech Recognition (AI ASR). It seamlessly integrates into Gcore workflows enabling broadcasters, VoD, live streaming, and enterprise content owners to reach new global audiences, enhancing the accessibility of content for those speaking different languages…
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Azerbaijan beats US in IAC Congress
The International Astronautical Congress (IAC) to be held in the city of Milan, Italy later this year (October 14th-18th) but its collection of submitted abstracts has already been published. Azerbaijan, which hosted the 2023 event, is in the Top 5 of countries in the world in terms of scientific articles published. It should be noted…
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Taiwan wants LEO broadband system
Taiwan wants its own satellite broadband system. Taiwan is just 80 miles from China’s mainland, and is anxious that it must have an independent infrastructure in case of near-by crisis. A report in The New York Times says that Taiwan wants to see an initial satellite orbiting by 2026. Meanwhile, Taiwan has a partnership agreement…
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Newsbridge rebrands as Moments Lab
AI and video search company Newsbridge has unveiedl its new identity: Moments Lab. The rebrand includes a new logo, visual identity, and company name that the company says better encompasses its vision and mission: harnessing the power of multimodal and generative AI to eliminate sourcing roadblocks for content teams worldwide, empowering them to preserve and…