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TikTok And Kuaishou Rival, Lomotif, Sells To Zash

TikTok And Kuaishou Rival, Lomotif, Sells To Zash
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Ex-MoviePass Chair Farnsworth to Buy Lomotif | Hollywood Reporter

Ex-MoviePass Chair Farnsworth to Buy Lomotif | Hollywood Reporter
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AIoT market likely surpassed NT$1 4tn

AIoT market likely surpassed NT$1.4tn ‘GROWING RAPIDLY’: The government would earmark about NT$95 billion to build digital households and NT$49 to improve 5G infrastructure, Minister Kung Ming-hsin said By Crystal Hsu / Staff reporter Taiwan’s artificial intelligence of things (AIoT) market might have exceeded NT$1.47 trillion (US$51.7 billion) last year and is set for fast growth this year and beyond, as 5G and other new technologies take off, National Development Council Minister Kung Ming-hsin (龔明鑫) said yesterday. “AIoT businesses should have surpassed NT$1.47 trillion last year, growing rapidly after hitting NT$1 trillion in 2018,” Kung told an AIoT forum in Taipei to underscore the government’s support for the industry.

Former chairman of MoviePass returns with new media venture, Zash

Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Ted Farnsworth. This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The former chairman of MoviePass is returning to the entertainment business with a new media and entertainment venture, Zash. Zash was cofounded by Ted Farnsworth, who ran MoviePass parent company, and two investors who have ties to Triller and TikTok. MoviePass let subscribers see a movie per day in theaters for $10 per month and burned hundreds of millions of dollars before going bankrupt.

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