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Roku buys short video service Quibi for tens of millions Roku buys short video service Quibi for tens of millions

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Roku buys short video service Quibi for tens of millions of dollars

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Roku Developers confirmed acquisition of a startup Quibi without disclosing exact financial data. Roku has been granted the exclusive rights to most of the shows with famous actors.

Deadline has tentatively estimated the deal at close to $ 100 million. Roku shares are up 5% after the news of the purchase was published.

Roku got the rights to the entire Quibi library except for the daily news shows. The main benefit of the deal is the actors who starred in the films and series of the service:

  • Idris Elba
  • Kevin Hart
  • Liam Hemsworth
  • Anna Kendrick
  • Nicole Richie
  • Chrissy Teigen
  • Lena Waite

Roku will release purchased content for free with ads on its channel. In addition, there will appear already filmed projects that did not appear on Quibi due to the rapid closure of the startup.

The Roku company makes money from the sale of video streaming devices and software. Now the company is developing an advertising direction. In the fourth quarter of last year, the audience of the Roku channel reached 61.8 million US residents. The channel publishes paid and free content.

Roku plans to change the format of the purchased content to longer episodes.

Quibi was founded by former Walt Disney Studios CEO and Dreamworks co-founder Jeffrey Katzenberg and Margaret Whitman, who led HP and eBay. The Quibi streaming service was launched on April 6, 2020. It featured films and TV series up to 10 minutes long. In addition, the developers have adapted the content for viewing both horizontally and vertically on a mobile phone screen.

Roku buys short video service Quibi for tens of millions

1610220813 163 Roku buys short video service Quibi for tens of millions

Companies such as Disney, Sony Pictures, Warner Bros., Lionsgate, MGM, NBCUniversal, BBC Studios, Alibaba ($ 100 million), venture capital firms Madrone Capital Partners ($ 200 million) invested in the launch of Quibi $ 1.75 billion , Goldman Sachs banks ($ 50 million) and JPMorgan ($ 50 million), Google ($ 50 million). Startup founder Jeffrey Katzenberg invested $ 5.5 million and Margaret Whitman invested $ 10.5 million.

The launch of the startup coincided with the imposed quarantine in the United States and Canada. According to Sensor Tower, 910 thousand users have used the service. Of these, 92% did not renew the free trial subscription, which was initially given for three months, then the trial period was reduced to 14 days. After that, advertisers began to change the terms of contracts.

In October 2020, the founders published a letter to employees to close the startup and sell content and rights. The founders of the startup speculated that the service failed due to a lack of a strong initial idea and / or a bad launch time.

Video content on mobile devices is popular – about 10% of Netflix users watching content from mobile devices, YouTube traffic two years ago was about 40% of all mobile traffic, and quantity active TikTok users – 500 million people.

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Twitch launched an endless series in the style of sitcoms of the 80s. It is generated by neural networks

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Twitch launched an endless series in the style of sitcoms

On the Twitch platform, they launched the series Nothing, Forever in the style of sitcoms of the 80s. It is notable for the fact that it is completely created using neural networks. Replicas for the series are “invented” by ChatGPT, and DALL-E, Stable Diffusion and Azure Cognitive Services generate a picture, which is then played using the Unity game engine. For voice acting, a speech synthesizer is used.

Twitch launched an endless series in the style of sitcoms of the 80s.  It is generated by neural networks

The series is constantly being created and developed based on the feedback of the viewers. At the same time, even very good jokes sometimes come across, although often the characters speak out of place or even simply remain silent. There are also animation bugs.

Overall, the visuals are similar to the first 3D PC and console games, and the scenes are fairly repetitive.

The series is based on the 1980s sitcom Seinfeld. The series can be watched here. In the future, the authors intend to create other similar projects to compete with Netflix series. They will also be endless, or at least very long.

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How so, Microsoft? A third party developer has already added ChatGPT to Word

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How so Microsoft A third party developer has already added

Creative Data Studios has developed a plug-in for Microsoft Word called Ghostwriter ChatGPT that adds chatbot functionality to a text editor. The novelty was created without the participation of Microsoft.

How so, Microsoft?  A third party developer has already added ChatGPT to Word

There are currently two versions of the plugin available: $10 and $25. The first is limited to short responses of two paragraphs and uses only the ChatGPT language model. A more advanced one is devoid of such restrictions, it uses all OpenAI models. You can install the plugin through the Office Add-in Store.

In addition, the developers promise an early release of similar plug-ins for all applications from the Microsoft package: Excel, PowerPoint, Outlook, OneNote. After the release of the add-on pack, users who have already purchased the plugin for Word will receive a discount.

According to Patrick Husting, who developed Ghostwriter, Microsoft will most likely disable Ghostwriter in the future when its own implementation of ChatGPT support is ready. However, this option can still be used.

Earlier it was reported that Microsoft has already added support for the GPT-3.5 model to Teams Premium, which will allow the neural network to listen to conversations, draw notes and plans based on the results. Microsoft also plans to add ChatGPT to the Bing search engine, but there, according to rumors, there will already be GPT-4.

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Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in a camera battle. Published a large video comparison of the two flagships

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Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in

Despite the fact that there are still two weeks before the start of sales of Samsung Galaxy S23 smartphones, full reviews of the camera of the older novelty have already been published on the Web. The author of the famous SuperSaf channel compared the Galaxy S23 Ultra camera with the iPhone 14 Pro Max camera.

Samsung Galaxy S23 Ultra vs iPhone 14 Pro Max in a camera battle.  Published a large video comparison of the two flagships

Unfortunately, although the comparison is voluminous, it is far from being as informative as it happens on some other channels. However, there is still a lot of information.

As you can see, in low light, the brainchild of Samsung shows a wider dynamic range and detail. This is true for all cameras, including the ultra wide and tele cameras. But when shooting video at night, everything is not so clear. At least the Korean smartphone has a lot more noise and slower autofocus.

Of course, Samsung easily wins in the comparison of cameras, because it has two of them at once. Already at 10x zoom, the difference is very noticeable, and the iPhone cannot offer more than 15x at all.

Cinematic Mode on the iPhone clearly looks better, in addition, we can note a fairly significant difference in color reproduction, both in the photo and in the video.

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