Fox wraps up its $22 billion Roku deal
Engadget (1 hour ago)
No Hannity on your home screen, at least for now.
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Startups
Apollo-backed Brightspeed seeks up to $3B from creditors for fibre
Brightspeed, a US fibre broadband provider owned by Apollo, is in talks with creditors to raise $2B to $3B of new money, Bloomberg reports. It has about $10B of debt, has warned about its survival, and may file for bankruptcy as soon as December.
Startups
Pentagon offers battery startup 6K $250M loan to build U.S. factory
The Pentagon has conditionally approved a $250 million loan to help 6K scale up its microwave-plasma battery material manufacturing process.
Startups
Fox completes its $22B acquisition of Roku
A few months after DOJ investigators were probing the deal, Fox just completed its $22B acquisition of the streaming giant Roku.
Startups
Paris start-up Physicl raises $10M to make training data for physical AI
Physicl, a Paris-based start-up that creates training data for AI systems that work in the physical world, has raised $10M in seed funding. Inovia Capital led the round, announced on Friday, with U.S. Venture Partners also taking part. The company focuses on what researchers call edge cases.
Startups
Fox bought Roku
Fox has officially closed its $22 billion acquisition of Roku, the companies announced on Friday. With Roku under its umbrella, Fox now controls a major streaming platform that reaches more than 100 million households in the US.
Startups
Titan OS raises $46M to take its smart TV software beyond Europe
Barcelona-based Titan OS, which makes an operating system for smart TVs, has raised $46M (about €40M). Existing investors Highland Europe and Mangrove Capital Partners put in equity. Funds and accounts managed by BlackRock added a credit facility, the company announced on Wednesday.
Latest from Engadget
Software
The EU accuses TikTok’s ‘rabbit hole’ algorithm of breaching its content rules
The bloc said the platform needs to change how the For You page works to help protect users’ mental health.
General Tech
You’ll soon be able to text Alexa to shop on Amazon
The latest Alexa for shopping feature is initially available by invite in the US.
General Tech
DOJ just launched something called the Super Intelligence Task Force
The unit is tasked with ensuring that the technology is not “manipulated by bad actors at home or abroad.”
Hardware
Eufy’s clever outdoor security camera that lives inside is now available to buy
The $80 Window Camera E10 sticks to your window, pointed outwards.
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