YouTube Surpasses 1 Billion Hours of Daily TV Viewing, Overtaking Mobile
YouTube CEO Neal Mohan reveals that TV has become the primary device for watching YouTube in the US, with over 1 billion hours of daily viewing, surpassing mobile devices.

Jordan Vega
In a rare and unprecedented turn of events, the startup ecosystem has seen a string of massive acquisitions and funding deals, totaling over $40 billion in value. This week's news is a clear indication that the startup landscape is thriving, despite initial concerns about a potential downturn.
One of the most significant deals is Google's acquisition of cloud security startup Wiz for a record $32 billion in cash, plus an additional $1 billion in retention bonuses. This acquisition marks a major win for Wiz, which had previously rejected a $23 billion offer from Google. The deal will also result in a massive 200x return on investment for Israel-based VC firm Cyberstarts, which had invested in Wiz early on.
Another notable acquisition is SoftBank Group's purchase of chip startup Ampere Computing for $6.5 billion in an all-cash deal expected to close in the second half of 2025. This acquisition is a significant move for SoftBank, which has been actively investing in the chip industry.
In addition to these massive deals, insurtech startup Next Insurance was acquired by Germany's Munich Re for $2.6 billion, and Nvidia reportedly acquired synthetic data startup Gretel for a nine-figure price tag exceeding its latest $320 million valuation.
Beyond acquisitions, several startups have secured significant funding rounds. Evroc, a Swedish startup aiming to build a secure and sustainable hyperscale cloud in Europe, raised $55 million in Series A funding. Spanish HR unicorn Factorial secured a $120 million nondilutive loan from General Catalyst, while Graphite, an AI-powered code-review platform, secured a $52 million Series B round led by Accel.
Fintech-focused VC firm Ribbit Capital is also raising $500 million for a new fund, signaling continued confidence in the sector. Climate investments are also on the rise, with Just Climate, an offshoot of Al Gore's Generation Investment Management, raising $175 million from Microsoft's Climate Innovation Fund and CalSTRS.
These deals and funding rounds are a clear indication that the startup ecosystem is thriving, despite initial concerns about a potential downturn. The acquisitions and investments demonstrate a renewed sense of confidence in the sector, with many startups and investors looking to capitalize on emerging trends and technologies.
In related news, Y Combinator announced the departure of Michael Seibel, who had transitioned into a less operational group partner role and will now become a "partner emeritus." This move comes shortly after Y Combinator's W25 Demo Day and ahead of its spring batch.
As the startup landscape continues to evolve, these deals and funding rounds serve as a reminder of the sector's resilience and adaptability. With many startups and investors looking to capitalize on emerging trends and technologies, the future of startup land looks brighter than ever.
YouTube CEO Neal Mohan reveals that TV has become the primary device for watching YouTube in the US, with over 1 billion hours of daily viewing, surpassing mobile devices.
Discover how Kazakhstan's innovative Qorgau system is transforming traffic management with AI, computer vision, and mobile technology, resulting in a 30% decrease in road accidents and improved public safety.
Apple integrates ChatGPT into Siri, enabling more complex queries and Visual Intelligence features in iOS 18.2 developer beta.
Copyright © 2024 Starfolk. All rights reserved.