Snap’s unusual structure led to breakthroughs but also problems; Hulu nabs ‘Lost’ exclusive subscription streaming rights from Netflix; and SpaceX now targeting late January for Falcon Heavy launch.
Snap Inc. struggles with challenges created by its unusual “hub-and-spoke” organizational structure, which puts Chief Executive Evan Spiegel at the center of all decision-making at the company, The Verge reports. Former employees describe a company in a state of anxious transition, from an innovative upstart fueled by venture capital to a public company hemorrhaging cash as it fights off a rich, ruthless competitor in Facebook.
All six seasons of “Lost,” the supernatural drama that aired on ABC, are now available on Hulu — after Netflix’s subscription-streaming rights to the show expired, Variety reports. The series comes to Hulu as part of a deal with the Disney/ABC Television Group. Netflix had originally inked the deal with Disney/ABC for “Lost” backed in 2009.
SpaceX is now planning to attempt the first launch of its Falcon Heavy rocket around the end of this month, the company’s chief executive said Jan. 4, SpaceNews reports. In a posting on Instagram that featured a video of the rocket, Elon Musk said the heavy-lift rocket would launch from Kennedy Space Center’s Launch Complex 39A after a static-fire test on the pad scheduled for next week.