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The 2011 Slingbox Pro HD Media Player. Photo: Neil Godwin/MacFormat magazine via Getty Images

Dish announced Monday it is officially discontinuing the Slingbox, a once-pioneering device that allowed people to send TV content from their homes to other locations to watch while they traveled.

Why it matters: The move is a bummer for longtime Slingbox owners, but the impact has been limited by the fact that many TV providers now offer other means for subscribers to get content on the road.

What they're saying: Slingbox servers will continue to operate for 24 months, after which the devices will no longer work, Dish said.

  • Even before the servers shut down, Dish said that customers may start to lose access from certain devices as those apps cease to be updated. The SlingPlayer software already doesn't work on Macs running macOS Catalina.
  • "We've had to make room for new innovative products so that we can continue to serve our customers in the best way possible," Dish said in a statement announcing the move.

Go deeper

Erica Pandey, author of @Work
2 hours ago - Economy & Business

What's really going on with the labor market

Source: YCharts

The labor market is showing some signs of improvement: Jobless claims fell to 730,000 — a dramatic drop from 841,000 the previous week. And the latest jobs report showed a pandemic-era low unemployment rate of 6.3%

But, but, but: That's not the full story, experts say.

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Markets see rare convergence milestone

Expand chart
Data: YCharts; Chart: Axios Visuals

A milestone was reached in the markets Thursday: The yield on the 10-year Treasury note rose to match the dividend yield on the S&P 500

Why it matters: The two yields have been inverted since the beginning of last year, which is historically unusual.

Mike Allen, author of AM
3 hours ago - Economy & Business

First look: Business puts muscle behind Biden

Business Roundtable, the voice of America's top CEOs, today launched "Move the Needle," a campaign to support President Biden in rolling out COVID vaccines, increasing vaccine uptake and encouraging masks.

What they're saying: "Masks and vaccines are working. Now is the time to keep at it, overcome pandemic fatigue, and double down on the measures that will end this public health and economic crisis, said Business Roundtable president and CEO Josh Bolten.