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Reddit logo. hoto Illustration by Omar Marques/SOPA Images/SOPA Images/LightRocket via Getty Images Shares of Carver Bancorp, one of America’s largest Black-operated banks, skyrocketed as much as 267% on Thursday. Social-media chatter suggests that retail investors have identified the stock as the next target of a short squeeze. More than 83 million shares exchanged hands Thursday, compared to...
It’s not exactly a secret that we’ve been very anti-DRM here at Techdirt for some time. It’s honestly perplexing how anyone can be otherwise. DRM has shown time after time to be of almost no hindrance whatsoever for those seeking to pirate video games, but has done an excellent job of hindering those who actually bought the game in playing what they’ve bought. Ubisoft, in particular, has had...
Rep. Matt Rosendale. Tom Williams/CQ Roll Call Rep. Matt Rosendale criticized the effort to remove Confederate statues from the Capitol complex. Rosendale alleged that backers of the legislation are “animated” by critical race theory “concepts.” The House on Tuesday passed legislation to take out the statues in a 285-120 vote. Sign up for the 10 Things in Politics daily newsletter. GOP Rep....
Indian online learning platform Unacademy is in advanced talks to acquire Rheo TV, a less than two-year-old startup founded by two former Unacademy employees, according to three sources familiar with the matter. The current deal values Rheo TV, a startup that has built a platform to help professional game streamers live stream their gameplays and monetize those feeds, at over $10 million, one of...
Why has Google’s plan for life after the cookie been delayed by almost two years? Every answer to that question leads to another query. Few advertisers have been able to test any of the alternatives because there’s been nothing to test. Why not? Because few of the alternatives are ready to be tested, and the bit that can be is so threadbare that marketers wouldn’t learn much. And why is that?...
While newspapers everywhere are doing their best to emulate the New York Times by erecting a one-size-fits-all paywall around their content, some individual writers like Andrew Sullivan are trying to create their own personal sites where readers can subscribe to their content. And then there’s a startup called Beacon: it wants to find a middle way between those two approaches — a site that has...
Image via CrunchBase Video publishing platform Ooyala recently launched Ooyala Social, a new HD-quality Social TV experience that brings video sharing and and viewing to Facebook. The service specializes in hosting videos for corporate and media entities such as Martha Stewart Living Omnimedia, Dell, General Mills and ESPN. Content owners can now use Ooyala Social to make premium on-demand...
Lists:  Featured: Revenue Strategies Every phone geek loves to debate how long it’ll be before we’ve trashed our wallets in favor of paying for stuff with our phones in the real world — but what about online? read more
Lists:  Featured: Online Advertising read more
Image via CrunchBase Both Silicon Alley Insider and Mashable are reporting that Google is in talks to buy Web video provider Brightcove for $500 million to $700 million. If true,  The move would make Google’s YouTube, the top consumer Web video site, a powerful player in the commercial Web video industry as well. Brightcove CEO Jeremy Allaire says that the company is profitable and cash flow...