TechCrunch Summary (2023-06-13 08AM)

Source: Netflix reportedly plans first live sports event with celebrities playing golf

Summary
Netflix might be planning its first venture into live sports by livestreaming a celebrity golf tournament featuring professional golfers and Formula 1 drivers. The event, to be premiered in fall, would showcase the best of two Netflix docuseries, “Full Swing” and “Formula 1: Drive to Survive”. Live sports generally cost media companies billions of dollars.

Facts

⚽️ Netflix is considering livestreaming a celebrity golf tournament as its first foray into live sports.

🎬 The tournament would feature celebrities from two Netflix docuseries: “Full Swing” and “Formula 1: Drive to Survive”.

🏎️ Rumor has it that in 2021, Netflix was competing with ESPN and NBCUniversal for Formula 1 streaming rights in the U.S.

💸 Netflix started exploring the possibility of livestreaming sports but only if they thought it would generate significant revenue and profit.

👨‍💼 Ted Sarandos, co-CEO of Netflix, revealed that the streaming giant would only consider livestreaming sporting events if it would be profitable.

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Source: You can now share music on Instagram Notes, plus view translations

Summary
Instagram Notes now supports music and translations, according to Mark Zuckerberg. Users can upload 30-second song clips, along with a caption, and translations are available in all markets worldwide, where Instagram has music licensing rights.

Fact

🎶 Instagram Notes now supports 30-second song clips for users to share their mood or favorite song with their friends.

🌎 Users in all markets worldwide, where Instagram has music licensing rights, can use Notes Translations for different languages.

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Source: Announcing the Security Stage agenda at TechCrunch Disrupt

Summary
The Security Stage, a cybersecurity conference at TechCrunch Disrupt, will feature talks from industry professionals discussing critical threats, encryption and security measures for billions of internet users.

Fact

🛡️ Google’s ‘security princess’ Parisa Tabriz will speak about the sophisticated world of web security and how to keep billions of users safe.

🕵️ Researchers from Citizen Lab and Stanford will discuss use of spyware by governments all over the world to hack activists, journalists and dissidents.

💻 Amit Serper from Sternum IoT will offer insights on security flaws in internet-connected devices.

💰 Heather Adkins from Google and Allan Liska from Recorded Future will talk about local governments fighting back against ransomware attacks.

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Source: GM and partner Samsung SDI pick Indiana for $3B battery factory

Summary
GM-Samsung SDI will invest $3 billion in a new battery factory in Indiana that will create 1,700 manufacturing jobs. The factory, which will begin operations in 2026, will have over 30 GWh of capacity, adding to GM’s total US battery cell capacity of about 160 GWh.

Facts

⚡️ The $3 billion factory will create 1,700 manufacturing jobs.

🔋 The factory will have over 30 GWh of capacity.

👥 The factory expands on General Motors’ presence in Indiana.

🚗 The new facility will build nickel-rich prismatic and cylindrical cells.

🔋 GM is building out four other battery factories in the United States.

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