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.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
