Morning Beat: Walt Disney Co (DIS), Microsoft Corporation (MSFT), and Tesla Motors Inc (TSLA)
Walt Disney Co (NYSE:DIS) and Saban are the latest high-profile companies to invest in Playbuzz. According to people familiar with the matter, the two companies contributed a big chunk of the $15 million raised in a recent funding round.
A creator of online platforms for quizzes, games, and other content, Playbuzz has seen its content featured in a number of websites including USAToday and MTV.com. Playbuzz has offices in TelAviv New York London and Hamburg having been founded by the son of former Israeli Prime Minister Ehud Olmert.
It is not the first time that Walt Disney Co (NYSE:DIS) has invested in an online media brand. Last year it made an investment on Vice Media.
Microsoft Corporation (NASDAQ:MSFT) says its next version of Edge Browser will come with ad blocking support. The company made the announcement at its first day of Build developer conference. The addition will make the browser among the few desktop browsers that natively block ads.
The ad blocking support is not expected to affect publishers in the immediate future given that the browser only accounts for 1% of all browsers in use worldwide.
Along with ad blocking capabilities, the browser will also feature support for extensions initially available in the preview mode. Some of the extensions include Bing translator as well as a list of ‘previously visited pages.’
Pioneer of electric cars Tesla Motors Inc (NASDAQ:TSLA) has scheduled an event on Thursday for the unveiling of its mainstream electrical car Model 3. Going for $35,000 the new car will mark the automakers entry into the mass-market business.
Even though the car is quite affordable compared to previous models, $1,000 is the amount of money people will have to pat with for pre-orders. The event in California is part one of a two-part launch as the car is set to go on sale late next year.
Model 3 is seen as a defining product as it could help steer Tesla Motors Inc (NASDAQ:TSLA) into profits, an area it has struggled over the years.
Apple Inc.(NASDAQ:AAPL)‘s new operating system iOS 9.3 remains the most stable release in recent years, despite coming under criticism over a number of issues. With a crash rate of about 2.2% over the past eight days, the OS has all but outperformed other active iOS builds.
According to Apteligent, the release has also outperformed the latest version of Android, which had a crash rate of 2.6% upon release. The results, however, come as a surprise as Apple Inc.(NASDAQ:AAPL) has already admitted to being a bug embedded in the OS that causes apps such as Safari, Mail and Messages to crash in some users phones.
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