October 26, 2020
Only 6 months since the launch of Quibi movie streaming service, the company is shutting down after burning over $2 billion.
According to the Verge, the company led by veteran Hollywood executive Jeffrey Katzenberg and former HP CEO Meg Whitman, was had terrible shows and was designed to be watched on phones.
A few things happening:
1) Facebook is going to start charging millions of WhatsApp for Business customers, adds hosting, shopping features and pricing tiers as it enters e-commerce.
Have an awesome week!
— Itay Paz