As streaming services come up with new and innovative ways to get more subscribers, the market is making room for the mobile short-form streaming platform Quibi, which is set to launch in April.
Quibi's Chief Product Officer Tom Conrad is confident that the new platform's content will stand out among its peers with unique offerings. "We're the only service you can turn too for that Hollywood-style experience in between moments throughout your day," Conrad told Cheddar at the Consumer Electronics Show (CES) in Las Vegas.
Two of the features that will set Quibi apart from other streaming services will be its focus on the mobile screen experience and its short-form content. "We're laser-focused on taking advantage of this incredible trend of people consuming more and more video on their mobile phone on the go," Conrad said.
During its keynote at CES, the company demonstrated some of the new technology the platform will have including the 'Turnstyle' feature that will allow users to go from full-screen landscape viewing to full-screen portrait mode seamlessly. "It's giving more tools to creators and we would like to open up more of those tools over time, to see what else creators can come up with," Rob Post, chief technology officer, told Cheddar.
Conrad said the idea of the 'Turnstyle' feature came from having conversations and getting feedback from the Quibi creators. "We have this really unique opportunity to have our content be a real collaboration between creators and technologists," Conrad said.
Quibi will be offering two subscription plans: an ad-supported plan, which will cost $4.99 and an ad-free option for $7.99. "It's a great way to get a much larger audience into an experience," Conrad said.
With an already crowded market of streaming services Post says their team's collective experience and gut instincts tell them Quibi is something consumers will enjoy. "Yes, there are a lot of places to watch content but we think what we're doing is a little bit differentiated and a little bit more compelling," Post said.
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
Japanese automakers Honda, Nissan and Mitsubishi are dropping their talks on business integration.
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
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