A new report has revealed that South Africa has $ 10 million sitting unspent in Universal Service and Access Funds meant to for the provisioning of Internet access in the country. The report, Universal Service and Access Funds: An Untapped Resource to Close the Gender Digital Divide, Furthermore, the report (published by the Web Foundation, the Alliance for Affordable Internet, and UN Women) states that many governments in Afrika are failing to take action to connect women and other offline populations — despite the existence of funds earmarked for this purpose. This at a time when affordability is a major barrier to women being able to access…
Further signaling Apple’s augmented reality plans, the company has joined LG and Valve in a $ 10 million investment into eMagin, a maker of "microdisplays" for both AR and VR technology. AppleInsider – Frontpage News
Apple marketing head Phil Schiller and his wife, Kim Gassett-Schiller, have together donated $ 10 million to Bowdoin College in Maine — a school their sons Erik and Mark attended, the latter graduating this year. AppleInsider – Frontpage News
MoviePass aims to be the Netflix of brick-and-mortar movie theaters. And if anything is an indication of that, the subscription service recently dropped its monthly fee to a shockingly low price.
The service allows subscribers to go to one movie showing per day at any U.S. theater. And on Tuesday, MoviePass dropped its monthly subscription fee to $ 9.95 a month. Yes, you read that right. That means you could technically go to the movies once a day, every day, for about the price of a single ticket. This counteracts the biggest problem with theaters, according to MoviePass CEO Mitch Lowe: high ticket prices.
It works because MoviePass actually pays the theaters the full price of each ticket used by subscribers, Bloombergreported. But it’s pretty incredible because of how low the subscription price is. Previously, the service ran on a tiered system — starting at $ 15 but running up to $ 50 a month for unlimited movies in major cities. $ 10 a month for unlimited movies is a bold — and possibly industry-disruptive — move.
Not that everyone is happy about the new subscription price. AMC threatened legal action, and said that MoviePass’s business model “isn’t sustainable.” The company doesn’t agree, recently telling the Wall Street Journal that it will use the lower price to amass subscribers and convince the film industry to “work with it.” It’s not all doom and gloom for the theater industry, however. Theater attendance has been declining for years now, and MoviePass could help drive more people to go to the movies.
If you’re interested in signing up, you can do so on the MoviePass website, or via the MoviePass iOS app. As of Tuesday, it costs $ 9.95 a month and includes one movie showing per day at most U.S. theaters that accept debit cards. It doesn’t apply to IMAX and 3D screenings, however.
Notion, a Denver, Colorado-based IoT-powered home monitoring startup closed $ 10M Series A funding round led by Draper Nexus and TransLink Capital. Existing investors XL Innovate, Mesh VC and others also participated in the round. The startup plans to use the proceeds to pursue partnerships with home insurers, marketing, product development, and hiring engineers.
Notion’s key value proposition is monitoring multiple things (doors, temperature, windows, water leaks, and alarms) using a single sensor.
The solution consists of sensors, a bridge, and an app. The sensors can detect motion, leakage, and temperature. The bridge connects the WiFi and serves as the home’s personal message courier. Sensors and the bridge communicate via a proprietary 802.15.4 protocol which is similar to Zigbee. The app displays the critical alerts users can set on their smartphone.
Notion is selling the starter kit, which consists of three sensors and a bridge, for $ 219. Users can buy two more sensors in the starter kit for an additional $ 79. The bridge is priced at $ 80.