Update October 21st, 3:40PM ET: Quibi is, in fact, done for. Shortly after publication, The Wall Streets Journal reports Quibi is shutting down for good. Read more here. Struggling streaming service Quibi’s days appear to be numbered. The mobile-centric platform, which burned through a mind-boggling amount of investor cash trying to strong-arm its way into the streaming wars, may be imminently shut down, according to numerous reports about co-founder Jeffrey Katzenberg’s failed attempts to salvage the company and its intellectual property. How exactly Quibi bites the dust is still a

Quibi — the shortform mobile-focused streaming service — is shutting down after just over six months of operation, making it one of the shortest-lived streaming services to date, according to The Wall Street Journal. There is any number of factors that can be pointed to in unpacking Quibi’s demise: the launch of a mobile-only streaming service at the height of a global pandemic when users were stuck at home; the lack of any real breakout content that was compelling enough to tempt subscribers; or the fact that shortform video content

PayPal on Wednesday announced it would begin supporting cryptocurrencies for the first time, allowing any PayPal account holder to store, buy, and sell popular virtual currencies starting later this year. The announcement makes PayPal arguably the most significant company in the financial tech sector to adopt support for virtual currencies. PayPal competitor Square launched support for bitcoin back in 2018 through its Cash app (Square also purchased $50 million worth of bitcoin earlier this month), but PayPal is going further in supporting bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal also

Animation fans and nostalgia-seekers rejoice: the official trailer for the Animaniacs reboot was released by Hulu earlier today. It’s been 22 years since the original finale, and it looks like Yakko, Wakko, and Dot are embracing their jaunt across time. “We’ve missed so much,” Yakko exclaims as the trio and friends encounter such modern wonders as Instagram, catfishing, and Beyoncé. Originally announced in 2018, the reboot has been gathering hype this month after a clip was released at New York Comic Con. Animaniacs is now trending on Twitter, where fans

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