On the heels of hitting a 1.5 million subscriber milestone and bringing on a new marketing chief, the subscription service for watching movies in theaters, MoviePass, today announced it’s going to start buying movies, too. The company says it will begin to invest in films so it can share in their success beyond the box office, including on other platforms like streaming, DVD, and… Read More

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 Facebook is gearing up to prioritize news content by publishers a group of Facebook users have deemed trustworthy. Facebook head of News Feed Adam Mosseri said the company surveyed “a diverse and representative sample” of U.S.-based people about their familiarity and trust in various sources of news. That data, Mosseri said, will serve to inform News Feed rankings. Read More

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 Wolves in the Walls, directed by Pete Billington and premiering today at Sundance, is the unique product of a tight, scrappy team of pioneering creatives, with most of them sharing a common element of their past, as they were laid off from Facebook last year when the company’s VR original content arm Oculus Story Studio was shut down. Read More

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 Yahoo Finance today launched a new app called Tanda that allows small groups of either five or nine people to save money together for short-term goals. The app uses the concept of a “money pool” – that is, everyone participating in one Tanda’s collaborative savings circles will pay a fixed amount to the group’s savings pot every month. And every month, one member… Read More

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 Michael Moritz is legendary for many of the investments he has led throughout his long career with the venture firm Sequoia Capital. But Moritz has placed a target on Sequoia’s back — again — by publishing a controversial opinion piece comparing Silicon Valley unfavorably to China. To say it is extreme is an understatement. Read More

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