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Spotify is opening its podcast catalog to third-party apps. The company this week launched a new version of its Podcast APIs that makes it possible for third-party apps to connect to Spotify in order to manage a userpodcast library, search its podcast catalog and fetch detailed information and podcast shows and episodes, the company says.
The launch is significant as it taps into the wider developer community to help Spotify grow its podcast user base. More importantly, it offers access to Spotifyexclusive shows outside of Spotifyown app for the first time.
Spotify, like many streaming providers, has begun to use the term &podcast& loosely. To Spotify, the name simply means an audio program, presented in an episodic format. But originally, the word was meant to refer to audio episodes made available over the web using the open format RSS.
Appleown Podcasts app, despite its majority market share, never changed what a podcast was by putting select shows behind some sort of paywall, membership or paid subscription.
But Spotify (and other newcomers like Luminary), have done exactly this. In Spotifycase, it acquired technology startups designed to help people create and manage their podcasts, as well as a number of podcast networks — including The Ringer, Gimlet and Parcast — which put out some of the industrytop shows. The investments in the podcast-streaming side of Spotifybusiness helped boost podcast listening on its service by 200% last year, and have paved the way for the company to generate additional revenue through better-targeted ads.
Today, many of Spotify700,000-some podcasts are exclusive to its service. That means if you want to listen to them, you have to join Spotify.
Unfortunately for podcast listeners, it also means you had to use the Spotify app to stream these shows, instead of your otherwise preferred third-party podcast app like Overcast, Pocket Casts, Breaker, Castro or the many others that fill the app stores.
Spotifynew podcast APIs don&t change this, sadly.
Instead, the new API is focused on podcast discovery, search and managing shows — not on streaming Spotifypodcasts, exclusives or originals through a third-party app experience.
Spotify anticipates the new features available now will be useful to apps that import shows to a userSpotify library, or for integrations with calendar apps, or social podcasting experiences to help Spotify users share what they&re listening to with their friends.
&Launching this podcast API is very meaningful for Spotify right now as we continue to delve deeper into creating value in new ways for listeners with podcasting,& the company wrote in its announcement. &We are excited to unleash the creative power of the developer community and allow the expansion of Spotify into areas we&ve yet to explore,& it said.
Prior to the launch of its new podcast API, Spotify worked with a select group of partners who were building out their external integrations in order to gain feedback. Spotify made some revisions to the design of the API and improved the developer onboarding experience as a result. However, the company says it plans to continue to work closely on the project over the next six months to refine it further as itmore broadly available.
Further down the road, it expects to highlight new apps on its developer website.
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There are nearly 2,000 corporate venture capital (CVC) firms in existence, many hundreds of them created by first-time investors, according to Global Corporate Venturing.
As GCV also reports, last year alone, CVCs raised $41 billion in investment funds, mostly from their corporate parents.
Given Merck Global Health Innovation Fund(Merck GHIF) track record, I&m often asked as a long-time successful CVC investor to describe the business strategies used to ensure our scale and staying power. Merck GHIF is the digital health corporate venture capital arm of pharmaceutical giant Merck - Co. Merck GHIF was founded in 2010 with an initial allocation of $125 million. Today ita $500 million evergreen fund, and we&ve invested $800 million in more than 50 companies to date.
The four key strategies
No. 1: Developed an independent LLC with a defined investment charter
From the beginning, we set up an independent business structure with a well-defined investment charter. We created our investment model, strategy and expectations to ensure strategic and financial balance. As a seasoned corporate VC leader coming from Johnson - Johnson, I knew that there was not a corporate parent who says itokay to lose money. I knew that if we lost money as a fund, we&d be out of business.
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Write comment (90 Comments)OneWeb confirms layoffs and potential launch schedule delays amid reported bankruptcy considerations
Satellite operator OneWeb has confirmed that its workforce has been reduced via layoffs, after TechCrunch learned that it reduced its workforce by as much as 10% this week. The company did not confirm the total size of the layoff, but provided a statement to TechCrunch regarding the current state of its operations, and citing cost that it deemed necessary in light of the ongoing global coronavirus pandemic and resulting economic turmoil.
A OneWeb spokesperson provided this statement, provided in full, regarding the situation:
The OneWeb launch is going ahead on Saturday with more launches planned later in the year; however, like others, we are impacted by the global health and economic crisis and we need to dynamically adjust our workforce. Unfortunately, we think it is inevitable that there will be delays to our launch schedule and satellite manufacturing due to increasing travel restrictions and the disruption of supply chains globally. Therefore, we made the difficult decision to eliminate some roles and responsibilities as we work to focus on core operations. We are sorry to have had to take this step and we&re doing everything we can to support those affected.
This follows a report from Thursday by Bloomberg that OneWeb, which has nearly $3 billion in investment from SoftBank over its past two rounds, is considering filing for bankruptcy protection as one possible way to deal with a crunch in its available cash. Some of the highest-flying SoftBank-backed startups have faced challenges lately, precipitated in part by the high-profile reversal of co-working startup WeWorkfortunes. OneWeb did not comment on the reported bankruptcy consideration.
Bloombergreport says that it is looking at other options beyond a formal bankruptcy filing to stay afloat, but the company faces big challenges in terms of operating costs. As noted in its statement to TechCrunch, OneWeb has a launch scheduled for Saturday, which will take 34 of its satellites to space aboard a Soyuz rocket taking off from Kazakhstan. That will put its total constellation at 74 satellites, including a batch of 34 that were launched earlier this year, and six that went up last March.
OneWeb aims to provide high-bandwidth communication services using low Earth orbit satellites, with a focus on rural and other areas that are hard-to-reach for terrestrial networks. It faces competition from companies including SpaceX, which has launched 302 Starlink satellites for its own network to date, and Amazon, which has yet to launch any spacecraft, but is planning a similar offering under its own Project Kuiper.
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Rivian, the buzzy electric vehicle startup that is backed by Amazon and Ford, is shutting down all of its facilities due to the spread of COVID-19, the disease caused by coronavirus.
Rivian employs more than 2,000 workers across several locations, including its headquarters in Plymouth, Mich., a factory in Normal, Ill. as well as operations in San Jose and Irvine, Calif., where engineers are working on autonomous vehicle technology. Rivian also has an office in the U.K.
The company said Friday that salaried and hourly employees will continue to be paid during the shutdown. Rivian told TechCrunch that most of its facilities have been at 2 to 5% occupancy for about a week. The length of the shutdown is undetermined at this time, a company spokesperson said.
Rivian spent the majority of its life in the shadows until November 2018, when it revealed its all-electric R1T pickup and R1S SUV at the LA Auto Show. Since then, the electric automaker has picked up investors and commercial customers such as Ford and Amazon, in addition to the reservations consumers have made for its pickup and SUV.
In December, Rivian announced it had raised $1.3 billion in new funding, the fourth round of capital announced by the company in 2019 alone. It followed prior announcements of $700 million led by Amazon, $500 million from Ford (which includes a collaboration on electric vehicle technology) and $350 million from Cox Automotive.
Lincoln, the luxury brand under Ford, is working with Rivian to develop an &all-new& electric vehicle. Amazon has ordered 100,000 all-electric delivery vans from Rivian, with the first deliveries expected to begin in 2021.
The global COVID-19 pandemic has prompted automakers to temporarily suspend operations in Europe and the U.S., where the disease has started to spread. In China, where the disease first started, factories are coming back online.
Automakers have had varied responses to the pandemic; some took action to suspend production faster than others. Honda kicked off closures in the U.S. Ford, GM and FCA followed after the Big 3 formed a task force with the United Auto Workers. Even as these automakers began implementing new safety precautions in its factories based on recommendations that came out of the task force, the UAW continued to pressure them to close. A couple of cases of employees testing positive for COVID-19 accelerated the closures. Nissan and Volkswagen have also paused operations in the U.S.
Tesla has been a notable holdout. The company announced Thursday it would shut down its Fremont, Calif. factory, beginning March 23. The decision to suspend production there came days after Alameda County officials issued an order to close all nonessential businesses. Tesla kept its doors open anyway, even after officials publicly said that it was not an essential business.
Tesla has suspended operations at its New York factory as well. Teslagigafactory near Reno, Nev., which produces electric motors and battery packs, is fully operational.
Tesla told employees in an email sent March 18, and viewed by TechCrunch, that it was staying open because it has had &conflicting guidance from different levels of government& over whether it could operate. The human resources department told employees in the email to come to work if their job is to produce, service, deliver or test its electric vehicles.
But by Thursday, and after meetings with county officials, the company announced it would suspend production. Some basic operations that will support Tesla&scharging infrastructure and what it describes as its &vehicle and energy services operations& will continue at the factory, which under normal circumstances has more than 10,000 people working there.
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Write comment (93 Comments)Google announced on Twitter today that it was cancelling its annual I/O developer conference out of concern for the health and safety of all involved. It will not be holding any online conference in its place either.
&Out of concern for the health and safety of our developers, employees, and local communities — and in line with recent ‘shelter in place& orders by the local Bay Area counties — we sadly will not be holding I/O in any capacity this year,& the company tweeted.
This is not a small deal, as Google uses this, and the Google Cloud Next conference, which it has also canceled, to let developers, customers, partners and other interested parties know about what new features, products and services they will be introducing in the coming year.
Without a major venue to announce these new tools, it will be harder for the company to get the word out about them or gain the power of human networking that these conferences provide. All of that is taking a backseat this year over concerns about the virus.
The company made clear that it does not intend to reschedule these events in person or in a virtual capacity at all this year, and will look for other ways to inform the community of changes, updates and new services in the coming months.
&Right now, the most important thing all of us can do is focus our attention on helping people with the new challenges we all face. Please know that we remain committed to finding other ways to share platform updates with you through our developer blogs and community forums,& the company wrote.
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Write comment (92 Comments)During two of this weekWhite House briefings, President Trump referred specifically to two potential treatments that have been identified by medical researchers and clinicians, and that have undergone various degrees of investigation and testing in the ongoing fight against the global coronavirus pandemic. Itimportant to note upfront that regardless of what you may have heard, from Trump or any other sources, no drugs or treatments have been proven as effective for either the prevention of contracting COVID-19 or for its treatment.
That said, a number of different clinical studies are currently in progress all over the world, and in the U.S., the National Institutes of Health is looking to fill a 400-volunteer study that will provide clinical results related to use of remdesivir, an antiviral drug developed by Gilead originally as a treatment for Ebola, but itstill only in clinical trials even for treatment of that disease. This study could also add other drug candidates as additional test therapies. Meanwhile, studies in China and France have examined the effectiveness of anti-malarial drugs, including chloroquine and hydroxychloroquine — including one small-scale study that suggests the positive effects of hydroxycholoroquine in reducing both the duration and symptoms of COVID-19 in combination with an antibiotic called azithromycin.
The important thing to keep in mind when considering these or any other potential treatments for the novel coronavirus, which is still relatively young, is that a lot of what we know about them so far is effectively anecdotal, and based not on the kind of scientifically rigorous controlled clinical studies that are normally used in the years-long development and certification of drugs. Instead, treatments like remdesivir and chloroquine/hydroxychloroquine are being deployed in the field by healthcare practitioners based on their approved use in similar (but crucially not the same) situations, like the Ebola and SARS outbreaks.
Often, they&re being used under whatcalled &compassionate& grounds in the U.S. This effectively amounts to employing a drug thatnot yet certified for general use in treatment of a patient whose condition is so severe that a doctor is willing to go to desperate lengths to try to alleviate their symptoms. This has the advantage of sidestepping typical testing and approval procedures, and requiring that the results of its use are documented, which contributes to the overall body of clinical knowledge in terms of its effects and interactions with patients and with COVID-19.
Itnot a clinical study, however, and that means there are still a lot of unknowns when it comes to its use that just can&t be learned or asserted based on scattered, individual instances of compassionate care treatment.
&As the Commissioner of FDA and the president mentioned yesterday, we&re trying to strike a balance between making something with the potential of an effect available to the American people, at the same time that we do it under the auspices of a protocol that would give us information to determine if ittruly safe and truly effective,& explained National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci during a press conference on Friday. &But the information that you&re referring to specifically is anecdotal, it was not done in a controlled clinical trial. So you really can&t make any definitive statement about it.&
During ThursdayWhite House coronavirus pandemic task force briefing, Trump made false claims that chloroquine was already approved by the FDA as a treatment for COVID-19 under an emergency authorization. FDA Director Dr. Stephen Hahn clarified that this and remdesivir were being considered and studied by the FDA, as was an approach that would use plasma extracted from patients who&d recovered from COVID-19, as a potential source of antibodies for others. Still, all of these are still quite far away from clinical deployment in any generally approved way.
Meanwhile, Faucicautions should be taken for what they are: Warnings that are primarily meant to emphasize that the reason the FDA requires clinical studies, even for drugs already tentatively approved for use in other cases, is because it has patient health and safety in mind. While chloroquine has been used for decades to treat malaria, and chronic rheumatoid arthritis, it can have dangerous side effects, including death, if taken incorrectly. Even when taken correctly, it can cause things like stomach distress, and even permanent damage to a personvision.
Faucicomments Friday explain the risks of putting too much stock in any potential treatment at this stage, even if they are showing promising results among small or even medium-sized deployments.
&You&ve got to be careful when you say ‘fairly effective,& it was never done in a clinical trial that compared it to anything,& he said in answer to a reporterquestion about chloroquineefficacy in treating SARS. &It was given to individuals and felt that maybe it worked […] Whenever you do a clinical trial, you do standard of care, versus standard of care plus the agent you&re evaluating. Thatthe reason why we showed back in Ebola why particular interventions worked.&
A summary survey of various prospective treatments and their current status was published today In Medscape, and this includes the current state of remdesivir and chloroquine investigations, as well as a number of other drugs being studied by researchers. As has been reported here and elsewhere, there are promising signs that they could prove effective in either treatment, or treatment and even preventative use (in the case of remedesivir), but these are, as Dr. Fauci puts it, only the first step that should lead to more sophisticated clinical studies, which themselves will then need competing peer studies to eventually prove out.
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