Hootsuite acquires Snapchat analytics tool from Naritiv, Hyperloop Transportation Technologies begins construction on pod, and FilmOn loses cable broadcasting appeal.
Marketing platform Hootsuite acquired for an undisclosed amount a Snapchat analytics program from Naritiv, reports TechCrunch. Naritiv was backed with $4.3 million from investors, such as Walt Disney Corp. and Greylock Partners, and will continue to operate as a media company after selling off its Snapchat analytics software.
Hyperloop Transportation Technologies has begun construction on a full-size passenger pod, reports Mashable. The capsule is being built in partnership with Carbures, a Spanish engineering firm.
The 9th Circuit Court of Appeals rejected a bid by FOTV Media Networks Inc.’s FilmOn to stream broadcast channels over the Internet under a provision of the Copyright Act of 1976, reports Variety. The company argued that it should be allowed to stream broadcast TV online under an exception intended for cable operators, but the court ruled the exception did not apply to Internet-based distribution.
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