The studios are looking for options.
Movie studios are looking for a way to offer home rental of films shortly after they open in theaters, and Apple is pushing to make iTunes the platform. Napster founder Sean Parker has a similar goal with Screening Room. — [Anousha Sakoui and Alex Webb / Bloomberg]
Microsoft is partnering with Qualcomm on technology that will allow Windows software to run on mobile-oriented ARM chips. The company also announced a broad collaboration with Intel in security, virtual reality, gaming and voice activation. — [Ina Fried / Recode]
The Trump transition team is adding two more Silicon Valley advisers, both associates of Peter Thiel: Mark Woolway, the acting CFO of Zenefits, and Kevin Harrington, a managing director at Thiel Capital. — [Rolfe Winkler / Wall Street Journal]
Testifying before skeptical, but not outright hostile, senators, the CEOs of AT&T and Time Warner (with support from Mark Cuban) portrayed their proposed $85 billion merger as a competitive counterweight to tech and cable companies. — [Cecilia Kang / New York Times]
Fitbit is buying the software assets of struggling smartwatch maker and one-time Kickstarter success story Pebble for less than $40 million and discontinuing its hardware products. — [Lauren Goode / The Verge]
On the latest episode of Recode Media with Peter Kafka, Burnie Burns, co-founder of Rooster Teeth, talks about creating shows like “Red vs. Blue” in the pre-YouTube days of online video. — [Eric Johnson / Recode]
Top Stories From Recode
The company also expects “significant growth in both team size and geographical footprint” as it graduates from Alphabet’s moonshot shop.
Nobody wants beige boxes, but practicality matters too.
Elon Musk’s nonprofit can help AI systems get smarter — even if their developers have bad intentions
Universe is a new AI training center that is supposed to teach computers to think more like humans.
This Is Cool
A high-res walking tour past Bloomingdale’s, Louis Vuitton, Tiffany and more, from Google.