Quibi is officially shutting down.
A new report from the Wall Street Journal says that the short-form mobile video startup is being shuttered by Jeffrey Katzenberg and Meg Whitman after bringing in $2 billion in capital.
Apparently there was an attempt to sell the company to Apple, WarnerMedia and Facebook but all three rebuffed the offer.
The last Quibi news we have is from August when they were still going full steam ahead.
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