TechTaffy

tech:

taffy

Chinese Internet TV Youku Inks Multi-Year Agreement With NBCUniversal

By TechTaffy Desk

[Techtaffy Newsdesk]

Chinese Internet television company Youku, has entered into a multiple-year agreement with NBCUniversal for the video-on-demand rights in China to a broad collection of current, library and upcoming NBCUniversal feature films. The films including Schindler’s List, The Mummy, and Jurassic Park, among others will be available for on-demand viewing through Youku Premium.

In addition to a yearly rotating selection of more than 100 classic titles from the NBCUniversal stable, the new agreement also covers upcoming releases. The new films will appear on Youku’s platform for paid on-demand viewing after their China theatrical releases.

Youku has signed deals to license content from a number of major international studios including Disney, Paramount, Dreamworks, Warner Bros and 20th Century Fox.

[Image Courtesy: Jurassic Park]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.