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Roku, Inc. (/ ˈ r oʊ k uː / ROH-koo) [4] is an American technology company. [5] [6] Founded in 2002 by Anthony Wood, it produces Roku-branded streaming players and TVs, distributes streaming services and operates an ad business on its platform. Roku is the U.S. market leader in streaming video distribution, [7] [8] [9] reaching 145 million ...
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In August 2010, Roku announced plans to add 1080p video support to the HD-XR. [17] The next month, they released an updated lineup with thinner form factors: a new HD; the XD, with 1080p support; and the XDS, with optical audio, dual-band Wi-Fi, and a USB port. The XD and XDS also included an updated remote. [18]
The Roku Channel was launched in September 2017 as a free, ad-supported streaming television service ("FAST"), [1] [13] available to viewers in the U.S. [14] Roku's CEO Anthony Wood stated in the same month that the channel was a "way for content owners to publish their content on Roku without writing an app". [15]
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As of 11:30 a.m. ET, Roku stock was up by 10.5%. Likely in response, Walmart decided to acquire Roku rival Vizio, a deal that closed Tuesday. Here's Why Roku Stock Unexpectedly Jumped Today
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