Top Stories

Survey Finds Binge-Watching by Younger Viewers on Upswing

Deloitte’s 11th annual “Digital Democracy Survey” found that 73 percent of U.S. consumers have binge-watched video, up from 68 percent two years ago. Binge-watching TV is more common with younger audiences — 90 percent of millennials (ages 20-33) and 87 percent of Gen Z (ages 14-19) — who are increasingly watching on mobile devices. While televisions are losing popularity among younger audiences for marathon-viewing, older demographics — 60 percent of Gen X (ages 34-50) and 80 percent of Baby Boomers (ages 51-69) — still prefer TV. Nearly 40 percent of younger viewers binge-watch TV on a weekly basis, averaging about five hours of content per session. Read more

Apple Makes Major Play in Augmented Reality, First for iPhone

Apple chief executive Tim Cook is bullish on augmented reality, believing that the nascent sector can be as game changing as smartphones were ten years ago. Sources say that Apple is following through by building a team of hardware and software experts, with the idea of dominating augmented reality as it comes to the fore. The same sources report that Apple’s AR team, run by former Dolby Laboratories executive Mike Rockwell, includes engineers that worked on Oculus and HoloLens headsets as well as top Hollywood VFX experts. Read more

Samsung’s Digital Assistant Bixby to Roll Out With Galaxy S8

Samsung has become the latest tech giant to unveil a digital assistant, introducing Bixby, which will first appear with the upcoming Galaxy S8 smartphone. Unlike Siri and Cortana, Bixby is not a database capable of answering questions, but rather is intended to help users accomplish tasks. The Galaxy S8 will feature a dedicated button to launch Bixby, which will initially offer a few preinstalled apps in English and Korean only. Chinese and Spanish versions will unveil shortly after the phone’s debut. Read more

Pinterest, Targeting $500 in Revenue, Could Be Prepping IPO

Pinterest, now in its third full year earning selling ads, is targeting more than $500 million in revenue this year. The company earned $100 million in revenue in 2015 and $300 million last year. Some close to Pinterest say the company is gearing up for an eventual IPO. “The company hired its first CFO, Todd Morgenfeld, from Twitter back in October, and has Facebook’s former monetization director, Tim Kendall, overseeing all of Pinterest’s revenue efforts, among other things,” reports Recode. Those close to the company suggest that if Snap “can fetch a valuation north of $20 billion on the public markets, Pinterest is in good shape to do something similar.” Read more

Google, Levi’s Debut Smart Jacket, Sign of Wearables’ Future

At SXSW in Austin, Google and Levi’s debuted the Commuter, a $350 “smart” jean jacket targeting those who bicycle to work. The Commuter also signals a potential direction for wearables; unlike clunky wristbands and watches, the denim jacket gets its smarts from technology woven into the cloth’s fibers. The joint project enables bicycle commuters to tap or swipe the jacket’s sleeves to make phone calls, get directions and check the time through headphones. The jacket will be available for sale in the fall. Read more

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