But for every life-changing Zoom, there was at least one quickly forgotten Quibi. Here, then, is our round up of the year’s big winners and losers in the tech world. Short-form video-streaming platform Quibi — the name was short for “quick bites” — raised $1.75 billion from investors, including major Hollywood players such as Disney, NBCUniversal and Viacom. Quibi announced it was shutting down in October, just a few months after its April launch. According to market-research company the NPD Group, Nintendo sold 6.92 million Switches in the US in the first 11 months of 2020.

Source: Ethiopian News December 29, 2020 06:22 UTC