Quibi shuts down; bye bye

Quibi arrived in April 2020 just a few short months ago, back when we all climbed into our shelters for a long summer’s nap. The company was headed by moguls Jeffrey Katzenberg and Meg Whitman, who are good at raising money and have worked well together, but they’re not really innovators. The idea of short-form news and entertainment channels was big around 2008 when the potential of smartphones made everyone at the Mobile World Conference all swoony—all those people with phones, all over the world, just standing around in line, or taking buses, and trains with nothing to do but