Serval, an AI-native IT service management startup valued at around $1 billion, has made its Catalyst product generally available, which uses AI to build and deploy workflow automations, including bac…
Meta alumni are migrating to emerging ad platforms, with OpenAI hiring hundreds of former Meta employees, including top executives, and Amazon Ads, TikTok, and Roku also recruiting Meta veterans. Open…
Fox's $22 billion agreement to acquire Roku highlights a surge in demand for streaming software from first-time free ad-supported streaming television (FAST) operators, as US viewers streamed 1.8 bill…
Roku has launched a 24-hour free channel, Fairground AI, at number 300 on The Roku Channel, broadcasting only AI-generated movies and shows with AI-made ads. The content is curated by Colin Petrie-Nor…
VideoAmp laid off 20% of its staff, eliminating more than 50 roles including the chief technology officer position, citing adoption of AI agents, according to The Wall Street Journal. Roku reported pl…
Roku raised prices on its entire US streaming device lineup by up to 60 percent, with the Streaming Stick 4K jumping from $50 to $80 and the Ultra from $100 to $150, blaming the global memory shortage…
Roku is raising prices on its streaming players by up to 60%, with the Roku Streaming Stick 4K jumping from $50 to $80 and the Roku Ultra and Streambar SE rising from $100 to $150. The company blames …
Conviva, whose intelligence platform serves the NFL, QVC and Fox, reports that 67% of users do not follow a linear path online, challenging the industry's standard funnel model. Conviva CEO Keith Zubc…
Character.AI launched c.ai Series, short-form interactive animated videos made with generative AI, entering the microdrama market projected to reach $26 billion. The platform's three initial series al…
Legacy entertainment studios and Big Tech companies like Amazon, Meta, and YouTube are increasingly competing for TV ad revenue, with the winner likely determined by superior ad performance. Google is…
WPP launched a Buyer Agent for Video on June 18, partnering with Disney, Netflix, NBCUniversal, Paramount, Fox, IAB Tech Lab, and Prebid.org to establish governance standards for agentic media buying.…
Anthropic faces a dual challenge as Satya Nadella's 'Frontier Ecosystem' call-to-arms highlights Microsoft's conflicted position as both a major investor in OpenAI and a competitor. Meanwhile, the UK …
Fox agreed to acquire Roku in a $22 billion cash-and-stock deal, valuing Roku at $160 per share. The merger aims to combine Fox's live content with Roku's streaming platform, expanding Fox's digital f…