Monday, January 19, 2015Google Set To Invest $1 Billion Into SpaceX, Say ReportsHawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google, according to reports Monday, as Google seeks to get into the space business. The investment reportedly values SpaceX at more than $10 billion. Neither SpaceX nor Google have commented on the rumors, which were first reported by The Information. The funding reportedly will go towards funding a constellation of satellites to deliver Internet across the globe.
posted on Monday, January 19, 2015(Full story)
Amazon.com To Produce Movies For Theatrical ReleaseAmazon Studios, the unit of Amazon.com based in Los Angeles which is developing original content for Amazon Prime Instant Video, said this morning that it is expanding into producing movies for theatrical release. According to Amazon, it will begin to produce and acquire original movies for theatrical release, with the intent of premiering those same movies just 4 to 8 weeks after theatrical release on Prime Instant Video. Amazon said its Amazon Original Movies team will be led by Ted Hope, who (More info...)
posted on Monday, January 19, 2015(Full story)