Business

Sony cancels The Interview release after theaters pull out

Jacob Kastrenakes December 17, 2014 04:57 pm19 hours ago 161

Sony is canceling The Interview's planned theatrical release in response to all major US theater chains deciding not to show the film after attacks were threatened. "In light of the decision by the...

Film would have been out Christmas day

Snapchat CEO Evan Spiegel on being hacked: 'It's not okay that people steal our secrets'

Casey Newton December 17, 2014 03:31 pm21 hours ago 39

One of the least expected companies to take collateral damage in the epic Sony Pictures hack has been Snapchat. CEO Evan Spiegel regularly trades emails with Sony Pictures CEO Michael Lynton, who sits on...

"We're going to change the world because this is not the one we want to live in." Evan Spiegel

MoviePass lands deal with AMC theaters for subscription movie service

Chris Welch December 17, 2014 04:13 pm20 hours ago 35

MoviePass has finally signed on a big partner for its unique subscription service, which lets moviegoers see one film every day for a flat monthly total. AMC, the second-largest movie theater chain in...

Can a subscription model work for theaters?

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Uber will use biometric scans to improve background checks on drivers

Casey Newton December 17, 2014 02:42 pm22 hours ago 4

In the wake of high-profile incidents in which passengers were allegedly assaulted by their drivers, Uber said today it would improve background checks using methods including biometric scans. "We are...

"Best-in-class safety must be a constant quest." Uber

BuzzFeed has big plans for its mobile app

Jacob Kastrenakes December 17, 2014 01:34 pm23 hours ago 7

BuzzFeed has big plans to build out its mobile app. The site has acquired the team behind Hyper IQ, a developer that's already been working on BuzzFeed's iOS app. The plan is to have Hyper IQ's...

"People don't realize yet how much Buzzfeed is doing." Jonah Peretti, BuzzFeed CEO

Snapchat wanted to start a music label — until business got in the way

Russell Brandom December 17, 2014 12:33 pm24 hours ago 6

Snapchat should be a perfect fit for music. It reaches the same young, hip demographic that labels are interested in, its ephemeral snaps make piracy a non-issue, and the company's LA origins give it a...

"I think it will be challenging for them to sign up a lot of premium video partners with this particular stance." a Vevo executive, on Snapchat

The moguls behind a Bob Marley-branded weed line may get funding from Peter Thiel

Nitasha Tiku December 16, 2014 06:10 pm12.16.2014 7

Privateer Holdings, a Seattle-based private equity firm trying to professionalize the cannabis industry through the legitimizing powers of capitalism, is trying to raise $75 million in funding. According...

Privateer is trying to professionalize the cannabis industry through the powers of capitalism

The not-so-glamorous life of a robot operator

read the feature

Twitter reportedly 'divided' over autoplaying videos in your timeline

Chris Welch December 16, 2014 06:06 pm12.16.2014 18

According to Adweek, Twitter's having a tough time deciding whether it wants to automatically play videos that appear in user timelines. Facebook made the move to autoplay last year, and while some users...

Moving to autoplay could boost ad revenue

Apple halts online sales to Russia as the ruble plunges in value

Ben Popper December 16, 2014 02:09 pm12.16.2014 111

According to reporters at Bloomberg, Apple is shutting down its online sales to Russia because of the "extreme fluctuations" in its currency, the ruble. Over the last twelve months the value of the ruble...

Apple thinks Russia's currency is a bad bet

The guys behind Dots raised $10 million to build the next great mobile game studio

Andrew Webster December 16, 2014 01:53 pm12.16.2014 15

Dots — the studio behind, you guessed it, the Dots series of mobile games — has just raised $10 million in order to become a standalone mobile gaming company.

The studio began life as an offshoot of New...

"It's a big ambition." Patrick Moberg, COO and co-founder of Dots

Amazon guarantees packages ordered through Friday will arrive before Christmas

Jacob Kastrenakes December 16, 2014 09:43 am12.16.2014 7

Amazon was one of the many big retailers that were unable to deliver packages on time for Christmas last year, but this year, the company seems to be a lot more confident. In fact, Amazon is actually...

Even after last year's delays

Google might build its own 'buy now' button to compete with Amazon

Nathan Ingraham December 15, 2014 04:35 pm12.15.2014 28

Google has long had an e-commerce arm; its Google Shopping product lets you buy merchandise online from some retailers using your Google Wallet account, but most wouldn't confuse it with a true competitor...

Google could be trying to up its shopping game
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