Quibi\u2019s content will live on, Hyundai may partner with Apple and Donald Trump returns to Twitter. This is your Daily Crunch for January 8, 2021.
\nThe big story: Roku buys Quibi\u2019s content library
\nIf you\u2019re wondering what will happen to Quibi shows like \u201cMost Dangerous Game\u201d and \u201cChrissy Court,\u201d wonder no longer: They\u2019re going to Roku.<\/p>\n
The streaming TV platform announced today that it has acquired the global rights to Quibi\u2019s content library, which it plans to bring to The Roku Channel, free and ad-supported, some this year. This includes \u201cmore than a dozen\u201d shows that never got a chance to stream on Quibi before the app shut down.
\n\u201cThe most creative and imaginative minds in Hollywood created groundbreaking content for Quibi that exceeded our expectations,\u201d said Quibi founder Jeffrey Katzenberg in a statement. \u201cWe are thrilled that these stories, from the surreal to the sublime, have found a new home on The Roku Channel.\u201d
\nThe tech giants
\nShares of Hyundai Motor Co. climb more than 20% on potential EV deal with Apple \u2014\u00a0Hyundai said discussions are still in the \u201cearly stage.\u201d
\nGoogle\u2019s plan to replace tracking cookies goes under UK antitrust probe \u2014 U.K.\u2019s Competition and Markets Authority said it\u2019s investigating \u201csuspected breaches of competition law by Google.\u201d
\nTrump returns to Twitter with what sounds like a concession speech \u2014\u00a0President Trump only had to wait 12 hours before returning to his social network of choice.
\nStartups, funding and venture capital
\nJobandtalent tops up with $108M for its \u2018workforce as a service\u2019 platform \u2014\u00a0The startup operates a dual-sided platform that connects temp workers with employers.
\nDetroit\u2019s Ludlow Ventures goes for fund four \u2014 The Detroit-based seed-stage firm is in the process of closing its fourth fund of $65 million.
\nJumbotail raises $14.2M for its wholesale marketplace in India \u2014\u00a0Jumbotail said it serves more than 30,000 neighborhood stores, popularly known in India as kiranas.
\nAdvice and analysis from Extra Crunch
\nVCs discuss gaming\u2019s biggest infrastructure investment opportunities in 2021 \u2014 Investors highlighted numerous areas for new opportunity, including specialized engines, next-gen content creation platforms and tools to port desktop experiences to mobile.
\nWhat is up with Tesla\u2019s value? \u2014 And a bunch of other stocks, for that matter.
\nThe Roblox Gambit \u2014\u00a0So it turns out that Roblox is worth $29.5 billion.
\n(Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here.)
\nEverything else
\nStolen computers are the least of the government\u2019s security worries \u2014\u00a0The SolarWinds breach is likely to be a bigger cybersecurity threat than any computers stolen during the pro-Trump riot on Wednesday.
\nFive reforms necessary to create a truly cashless society \u2014\u00a0Convenience shouldn\u2019t come at the cost of other aspects of commerce.
\nThe Daily Crunch is TechCrunch\u2019s roundup of our biggest and most important stories. If you\u2019d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.<\/p>\n