Facebook is partnering with CNN, ABC News, Fox News, Univision and Mic on a summer series of original news shows for its video section, Facebook Watch. With Instant Articles and commissioned live video content, Facebook tried — and failed — to find a business model that rewards news publishers for distributing their content on the social network. Facebook will pay the media companies to produce the shows, and some of them will run mid-roll ads, a.k.a. commercials, to help publishers (and Facebook) make some extra money. Meanwhile, Instagram is reportedly preparing a dedicated hub for longer-form video — from five minutes to an hour in length — to compete with YouTube and Snapchat’s Discover feature. [Kurt Wagner / Recode]
Recode Daily: Facebook is trying original video again with Big Media news partners
Plus, the top takeaways from Tuesday night’s big primaries; UC Berkeley open-sources a massive self-driving dataset; hands-on with the wristband that lets you control computers with your brain.
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Amazon has bought exclusive rights to some Premier League soccer games in the U.K. in a three-year deal. The deal is historic because, unlike Amazon’s NFL streaming deals, it means Amazon will be the only place to watch the U.K.’s most popular sport. Important context: Amazon is only showing 20 games a year, and the rest of league’s games will still be shown on conventional broadcasters. [The Guardian]
Here are the top takeaways from 2018’s biggest primary night: Democrats avoided the disaster in California they’d been fearing, while Republicans scored an important top-of-the-ticket victory. Bernie Sanders-endorsed candidates continued to flail, a Republican critic of President Donald Trump hit rough waters in Alabama, and voters sent Democratic Sen. Robert Menendez a message in New Jersey. [Politico]
UC Berkeley has open-sourced the world’s largest dataset of self-driving video for the general public. The massive BDD100K dataset contains 1.2 million images and 100,000 high-quality video sequences of autonomous driving in action across multiple cities, along with GPS information from mobile phones. The release of this massive repository makes more diverse data available for researchers and scientists to use in their journey to overcome self-driving car challenges. [Jessica Miley / Interesting Engineering]
Coinbase, one of the leading cryptocurrency and bitcoin businesses, is acquiring Keystone Capital, a licensed securities broker-dealer that will help Coinbase expand into the red-hot coin-offerings market. Coin offerings have sprouted up as an alternative to traditional startup funding such as venture capital, and the deal would allow Coinbase to start offering digital tokens that generally submit to regulatory oversight, also known as “security tokens.” [Paul Vigna / The Wall Street Journal]
Watch billionaire VC Tim Draper “rap” about bitcoin at #TNW2018: Wearing his signature bitcoin tie, the founding partner of Draper Fisher Jurvetson was speaking at the TNW Conference last month when he did something that confirmed his position as the biggest bitcoin nerd of all. [Neer Varshney / The Next Web]
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