Apple has set a budget of around $1 billion USD to "procure and produce" television shows over the next year, as part of its efforts to crack Hollywood and rival the likes of Netflix, Amazon and traditional production studios.
Facebook on Tuesday announced that it was making a number of changes to its News Feed format to allow for better conversations, improved readability and easier navigation.
Former WGN America president Matt Cherniss has joined the tech giant and will serve as a chief lieutenant to new co-heads of video programming Jamie Erlicht and Zack Van Amburg.