Cameo Connects Celebs with Fans, Reaches $1B+ Valuation

Chicago-based Baron App Inc. launched Cameo four years ago to enable celebrities to sell messages and personalized videos to fans, for anywhere from $5 to $2,500+. The company recently tripled its 2019 valuation of about $300 million to $1+ billion, with a $100 million funding round led by e.ventures and participation by SoftBank Group’s Vision Fund 2, professional skateboarder Tony Hawk, United Talent Agency and Alphabet’s venture-capital arm GV. Baron App previously raised $50 million for Cameo in 2019. Continue reading Cameo Connects Celebs with Fans, Reaches $1B+ Valuation

White House American Technology Council Draws Top Execs

At the conclusion of the inaugural meeting of the White House’s American Technology Council, President Donald Trump called for a “sweeping transformation of the federal government’s technology,” admitting that the government needed to catch up with the private sector and that federal agencies had to deliver “dramatically better services to citizens.” The Council’s mandate is to convert paper forms into easy-to-use websites, and help the government buy better technology and use new tools like artificial intelligence. Continue reading White House American Technology Council Draws Top Execs

Roku Hires Lobbyists, Prepping for Changes to Net Neutrality

Roku seems to be gearing up for a battle regarding net neutrality, as the FCC is expected to repeal or change regulations that require ISPs to treat all Internet traffic equally. Such changes could make it more challenging and potentially more expensive for Roku and others to provide services at top download speeds. In a first for the company, Roku has hired two DC lobbyists to focus on net neutrality issues. The President Obama-era net neutrality rules treat telecoms similarly to utilities. Those who support the regulations believe they are necessary to prevent service providers from throttling speeds or charging media companies more for content delivery. Continue reading Roku Hires Lobbyists, Prepping for Changes to Net Neutrality