Vimeo is coming off a big year of changes in 2017. From abandoning SVOD, to launching Vimeo Live, 360-degree video, and its first camera. The company's CEO Anjali Sud explains how these changes are driving growth for the company.
"The biggest driver of our growth has really been a commitment to building the best tools, and technology for creators to tell their stories," says Sud. "It really comes from a commitment to understanding what our creator community is looking for."
Vimeo subscribers are up 14 percent, at 847,000 according to the latest earnings report. The company is the world's largest ad-free video platform, and Sud says its users span from 150 countries.
Seven major automakers say they're joining forces to build a North American electric vehicle charging network that would rival Tesla's and nearly double the number of fast-charging plugs in the U.S. and Canada.
Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology have agreed to meet a set of AI safeguards brokered by President Joe Biden's administration.