business

Capcom officially enters the Japanese esports scene with the opening of the Capcom Esports Club on February 17th

As Japan goes all-in on esports, Capcom have announced that they will officially be entering the Japanese esports market in 2018. According to an official press release, Capcom are looking to hold more tournaments within Japan in the coming year, to compliment “its existing North American esports business activities”. The expansion in the world of …

YouTube is expanding Red to more countries

YouTube Red will expand its subscription service to as many as 100 countries, according to YouTube chief executive Susan Wojcicki . Speaking at Recode’s Code Media conference in Huntington Beach, Calif., Wojcicki said that YouTube will be looking to expand its Red service “to many more countries”. The subscription service first launched in October 2015 …

Startups are (still) making weird name choices

If the latest seed-funded startups have their way, this is what your future will look like. You’ll find your mortgage through a company named Morty, refill your contact lenses with Waldo and get your cannabis news from Herb. (Which is not to be confused with Bud, the startup that handles your banking.) Later, you can use Cake Technologies to pay the …

MoviePass adds 500,000 subscribers within a month

In 2017, members bought $110 million worth of tickets and generated an additional $146 million in ticket sales by bringing non-members to showings. MoviePass chief Mitch Lowe said in a statement: “We’re giving people a reason to go back to the movie theaters, and they’re going in droves. With awards season here, we hope we …

NBC's Jennifer Salke is the new Amazon Studios chief

Amazon chose Salke from a pool of female executives; The company had deliberately focused on considering accomplished women for the top position in the wake of Price’s departure. The decision will close a difficult chapter for the studio: News surfaced last August that Amazon was investigating Price after TV producer Isa Hackett reported that he’d …

Facebook will invest tens of millions in community leaders

The company will also expand its Community Leadership Circles program, which is like a Meetup for local members of the neighborhood, as well as add more people to its Groups for Power Admins. It’s not clear whether you have to have started a group on Facebook to be eligible for the grants, but the company’s …