GIBBI, Today

Jun 21, 2025

Stories:

Fox Corp. said Thursday that it has acquired Caliente TV, a Mexican sports broadcasting platform, as the media company aims to expand its sports programming and attract more customers to its streaming services
In a news release, Fox said Carlos Martinez, who has worked at Turner, Discovery and Fox, has been chosen as executive vice president and managing director of Latin America for the Fox Corp
Fox plans to launch its own direct-to-consumer streaming service, Fox One, later this year. It already owns Tubi, a free ad-supported streaming service
GIBBI View: This is a great news because Caliente TV is a bad service, its signal is bad and most of the time the games are stopped or the signal is lost, so I think that becoming a Fox’s subsidiary will improve its service but the costs will increase and I don’t know if people will buy it

Meta is announcing its next pair of smart glasses with Oakley. The limited-edition Oakley Meta HSTN model costs $499 and is available for preorder starting July 11th. Other Oakley models with Meta’s tech will be available starting at $399 later this summer
Like the existing Meta Ray-Ban glasses, the Oakley model features a front-facing camera, along with open-ear speakers and microphones that are built into the frame. After they are paired with a phone, the glasses can be used to listen to music or podcasts, conduct phone calls, or chat with Meta AI
Meta recently signed a multi-year deal with EssilorLuxottica, the parent company behind Ray-Ban, Oakley, and other eyewear brands. The Meta Ray-Bans have sold over two million pairs to date, and EssilorLuxottica recently disclosed that it plans to sell 10 million smart glasses with Meta annually by 2026
GIBBI View: Remember that Meta has also a collaboration with Ray-Ban where they created smart glasses, where in this moment Meta is leading the smart glasses field and Meta wants to open retail stores to sell this product and compete against Apple in this field

Snap has acquired Saturn, a calendar app that helps students manage their school schedules and share them with others, the company confirmed to TechCrunch on Friday. The financial terms of the deal were not disclosed. Saturn will continue to operate as a standalone app
Founded in 2018, Saturn reimagines the calendaring experience by bringing in a social element. The idea behind the startup is to allow high school and college students to connect with their classmates and see which classes their friends are in without having to share a bunch of pictures of different schedules
Forbes reported in 2021 that Saturn raised $44 million in a funding round led by General Catalyst, Insight Partners, and Coatue, with participation from Bezos Expeditions, Marc Benioff, Dara Khosrowshahi, and Ashton Kutcher and Guy Oseary’s Sound Ventures, among others
GIBBI View: It looks like that Snap is looking for to extend its product to bring more customers/subscribers and generate more revenues, and maybe Snap is looking for to create its own SuperApp, let’s see

SoftBank Group founder Masayoshi Son is envisaging setting up a US$1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter
Son is seeking to team up with Taiwan Semiconductor Manufacturing Co (TSMC) for the project, which is aimed at bringing back high-end tech manufacturing to the U.S. and to create a version of China’s vast manufacturing hub of Shenzhen, the report said
In March it announced it would acquire U.S. semiconductor design company Ampere for $6.5 billion and in April said it would underwrite up to $40 billion of new investment in OpenAI, of which up to $10 billion would be syndicated to other investors
GIBBI View: It’s amazing how Masayoshi Son can get billions of dollars to invest in his fund even that in the last years his funds haven’t returned BIG returns, but in the end you can’t never bet against Mr. Son

Thinking Machines Lab, the secretive AI startup founded by OpenAI’s former chief technology officer Mira Murati, has closed a $2 billion seed round, according to The Financial Times. The deal values the 6-month-old startup at $10 billion
The company’s work remains unclear. The startup has leveraged Murati’s reputation and other high-profile AI researchers who have joined the team to attract investors in what could be the largest seed round in history
Murati left OpenAI last September after leading the development of some of the company’s most prominent AI products, including ChatGPT, DALL-E, and voice mode. Several of her former OpenAI colleagues have joined the new startup, including co-founder John Schulman
GIBBI View: It’s amazing how easy is to get funded in Silicon Valley and U.S. if you create an AI Startup and you worked in an AI startup before, and even that you don’t have a product nor customers yet

GIBBI