Snap Inc. and competitors bidding for World Cup video rights from Fox, Miso Robotics raises $3.1 million, and SpaceX launches 10th rocket this year.
Snap Inc. and its social media competitors Facebook and Twitter have each offered 21st Century Fox Inc. tens of millions of dollars for the right to stream highlights of World Cup, reports Bloomberg. Fox hasn’t decided whether to sell exclusive rights to one buyer or to spread them around, according to sources.
Miso Robotics raised $3.1 million funding round led by patent services firm Acacia Research, with participations from Match Robotics VC and earlier investor restaurant chain CaliBurger. The company will use the capital to produce its first commercial Flippy units, which it expects to install at a L.A. Caliburger location the first quarter of 2018.
SpaceX launched its tenth rocket this year, which keeps it on pace for a record-breaking 18 launches by the end of the year, reports SpaceNews. By comparison, France-based Arianespace, SpaceX’s chief rival for commercial telecommunications satellite launches, is launching 11 to 12 times a year.
Technology reporter Garrett Reim can be reached at email@example.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.