Quibi, which launched in April, has reportedly lost more than 90% of early users after free trials expired. About 72,000 subscribers continued with the service after the 90-day free trial.
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There has been a spike in the popularity of video games during the pandemic. Facebook is now launching a dedicated gaming app on Monday. Initially, the app will be available to Android users only.
Quibi was downloaded 1.7 million times in its first week, the company CEO Meg Whitman told CNBC. She also said that the company is working on a feature that would let users cast app to TVs.
Netflix rolled out these features, giving parents more power over what their children view. Starting today, parents can filter out titles that aren't appropriate for viewing by children.
The firm believes that it was the target of a smearing campaign attributing the app to the hacking of bank accounts and other profiles, and will give $1M to the first person who will prove the same.