US pay-TV service HBO says it will offer a stand-alone streaming service in 2015, Re/code reports.
At an investor presentation hosted by HBO parent company Time Warner, HBO chief executive officer Richard Plepler told the audience the company will be launching a digital version of its service that won’t require a pay-TV subscription next year.
The company has been under pressure from investors to extract more value from HBO.
Thismoment raises $17.6 million
Thismoment, a startup that helps businesses collect user-generate content for their own marketing efforts, has raised $17.6 million ($AU20.1 million) in Series D funding.
The startup automatically gathers content, usually photos and videos, from across social platforms when it’s been posted with a given hashtag.
Brainly raises $9 million
Polish education startup Brainly has closed a $US9 million ($A10.3 million) funding round, led by General Catalyst Partners, Point Nine Capital and Runa Capital, Tech Eu reports.
The startup offers a social learning network that allows students to help each other with school work.
The capital will be used to accelerate Brainly’s expansion in the United States, where it launched operations earlier this year.
Overnight
The Dow Jones Industrial Average is down 173.45 to 16,141.74. The Australian dollar is currently trading at US88 cents.
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