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HBO NOW Passes 2 Million Subscribers | Crunch Report

February 8, 2017
by
TechCrunch
YouTube video player
HBO NOW Passes 2 Million Subscribers | Crunch Report

TL;DR

HBO Now has reached over 2 million subscribers, Pinterest introduces new visual search features, and Y Combinator opens its startup recommendation system to the public.

Transcript

HBO now passes two million subscribers Pinterest adds new visual search features training capital raises 300 million dollar cybersecurity fund and more it's Wednesday February 8 and this is crunch report it's Wednesday so let's get it Game of Thrones Silicon Valley Bice I'm a fan of HBO content HBO streaming service for cord cutters HBO now has gro... Read More

Key Insights

  • 🐕‍🦺 HBO Now's growth to over 2 million subscribers highlights the popularity of streaming services among cord cutters.
  • 🤨 The $300 million raised by Trident Capital demonstrates the increasing need for investment in cybersecurity and related technologies.
  • 👶 Pinterest's new visual search features aim to enhance user experience and bridge the gap between desired and purchasable items.

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Questions & Answers

Q: How many subscribers does HBO Now currently have and how did it perform financially?

HBO Now has over 2 million subscribers in the U.S. and saw revenues increase by 5.6% to $1.49 billion for the quarter.

Q: What is the purpose of Trident Capital raising $300 million?

Trident Capital plans to invest the raised funds in technology companies focusing on cybersecurity, payment technologies, identity management, privacy, and data management.

Q: What new features did Pinterest introduce?

Pinterest introduced Lens, a tool that allows users to snap pictures of objects and search for related images, as well as Instant Ideas, which helps users find related elements from pins.

Q: How has Y Combinator made its startup recommendation system accessible to the public?

Y Combinator has opened its startup recommendation system to anyone, allowing them to submit recommendations and democratizing the application process for startups.

Summary & Key Takeaways

  • HBO Now surpasses 2 million subscribers in the U.S., with strong revenues of $1.49 billion for the company's quarterly earnings.

  • Trident Capital raises $300 million to invest in technology companies combatting security threats in areas such as cybersecurity, payment technologies, and data management.

  • Pinterest introduces new features, including Lens, a tool that allows users to snap pictures of objects and automatically search for related images, and Instant Ideas, which helps users find related elements from pins.

  • Y Combinator makes its startup recommendation system available to the public, aiming to reach out to potential startups and democratize the application process.


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