Google unveils new Pixel devices; Shutterstock buys Pond5

The Daily Digest highlights top news and exclusive insights on the technology, media and telecommunications sectors.

TOP NEWS

New Pixel phones, watch, buds and tablet: Google tries the Apple playbook

Google LLC, in its I/O developers' conference, unveiled several new Pixel devices including the Pixel Buds Pro earbuds, the Pixel 6a phone, the Pixel Watch smartwatch, and the next-generation Pixel 7 and 7 Pro smartphones, The Wall Street Journal reported. The Alphabet Inc. unit will release a large-screen Pixel tablet in 2023.

Shutterstock acquires Pond5 in $210 million cash deal

Photo-sharing platform Shutterstock Inc. acquired Pond5 Inc., an online content marketplace for royalty-free and editorial video, for $210 million in cash, Dow Jones Newswires reported, citing a statement.

➤ Economics of Networks: Prime-time viewership grows for premium networks in Q1

After a record low in prime-time delivery in the first quarter of 2021, the five premium cable networks in our Nielsen database recorded a 6.4% increase in the same quarter of 2022, reaching 83,000 households.

➤ Economics of Internet: Internet Media & OTT Industry Overview, Q1'22

Kagan offers its latest quarterly report examining industry trends and data for the internet media, over-the-top and online video sector.

➤ Technology: Technology Industry Overview, Q1'22

Kagan offers its latest quarterly presentation overview examining industry trends and data for the technology sector.

SECTOR HIGHLIGHTS

Technology

* Microsoft expands its range of accessible accessories

* Amazon has lost nearly $5 billion on Rivian stock in 6 weeks

Internet and OTT

* Facebook, Instagram blocked in Ukraine breakaway regions

* Shutterstock names Paul Hennessy as chief executive

* Social media regulations expand globally as Elon Musk plans Twitter takeover

Film and TV

* Sinclair appoints chief innovation officer

* NENT names new CFO

* Disney seen showing increase in Disney+ subscribers in latest quarter