Western Digital has acquired SanDisk for a combination of cash and stock. The offer values SanDisk common stock at $86.50 per share or a total equity value of approximately $19 billion, using a five-day volume weighted average price ending on October 20, 2015 of...
Amazon has debuted Amazon Storywriter, a free, cloud-based screenwriting software for writers to create movie and TV scripts in standardized screenplay format. Screenwriters can log in with their Amazon account to access Amazon Storywriter, which claims to take...
Roku has announced the GoPro Channel for their streaming video player. The GoPro Channel is available for free on Roku players in the US, Canada, United Kingdom and Republic of Ireland. The GoPro channel features GoPro community supplied content. Whether it’s...
The Wall Street Journal is reporting that YouTube has not turned a profit for Google. Even with attracting more than one billion users each month, it hasn’t become a profitable business. According to WSJ sources, YouTube posted revenue of about $4 billion in...
Kodak has finalized new film supply agreements with all six major Hollywood studios. As part of these agreements, Kodak will continue to provide motion picture film to 20th Century Fox, Walt Disney Co., Warner Bros. Entertainment Inc., NBC Universal Inc., Paramount...
Earlier this week, it was revealed that Apple was granted a patent for a wearable, waterproof action-camera. The announcement caused the shares of market leader, GoPro, to plummet 12.7 percent. But why? Clearly Wall Street was spooked by the report, but this was just...
