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Monday, 13 April 2020

Roku Estimates 49% Increase in Streaming for Q1 2020

Roku has announced that it expects to report a 49% year over year increase in streaming for Q1 2020. The company says it started to see the effects of 'stay at home' orders late in the first quarter.

Roku estimates 39.8 million Active Accounts as of March 31, 2020, a net increase of nearly 3 million since December 31, 2019. Roku also expects first quarter Streaming Hours will be 13.2 billion, a 49% year-over-year increase. In early Q1, Roku completed the rollout of its “Are you still watching” feature which exits video playback after long periods of user inactivity. As previously noted, the roll out of this feature will moderate streaming hour growth; however, beginning in late Q1 Roku started to see the effects of large numbers of people “sheltering at home.” For Roku, this has resulted in an acceleration in new account growth and an increase in viewing.

Due to uncertainties arising from the coronavirus outbreak, Roku is withdrawing its full year 2020 financial outlook. Revenue for the three months ended March 31, 2020 will likely be slightly higher than previously expected.

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SoftBank's Vision Fund Not Feeling So Good, Will Take Nearly $17 Billion Hit Amid Pandemic

Japanese investment titan SoftBank disclosed on Monday that it expects to take up to a $16.7 billion loss for the past year in its Vision Fund, a key backer of huge, growth-at-all-costs tech firms like WeWork and Uber. According to the Wall Street Journal, that likely means its investments are worth less now than when…

HomePod Now Runs on tvOS Instead of iOS

Apple has updated its HomePod smart speaker to run on tvOS rather than iOS, reports 9to5Mac. The change occurred with the release of HomePod Software 13.4 a few weeks ago.

But unlike all other versions of the HomePod Software, 13.4 is derived from tvOS, and no longer the original iOS that iPhone and iPad runs. As we said, this doesn’t affect how you use your HomePod since they all run with the same base system, but it makes us think about what Apple is working on for the future of HomePod.

Running HomePod on tvOS makes sense for a few reasons. First, similar to the Apple TV, HomePod doesn't run on an internal battery. Additionally, both devices can operate as a home hub for HomeKit. Finally, Apple is likely to drop support for the A8 chip used by HomePod with iOS 14 but will likely keep supporting the Apple TV HD and its A8 chip for a while. Sources say that the next generation Apple TV may be equipped with a new A14 chip, better graphics, and up to 6GB of RAM.

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The Disney+ Version of Splash Includes a Hilarious Hair-Covered Butt

The House of Mouse doesn’t want you looking at derrières, apparently, which is extremely out of touch with the times.

Wargaming Paint Companies Are Pivoting to Hand Sanitizer

We’re all looking for things to do while we’re under various states of lockdown and social distancing. You might be taking the opportunity to knock away at a few model projects, tackling a backlog of things to build and paint. Well, the people behind those models and paints are also looking for things to do—and doing…