Foreign Firms Concerned by China’s New Cybersecurity Law

On June 1, China will begin to implement its new Cybersecurity Law, and foreign companies are worried. China already restricts technology, and the new law will boost tighter control over data and enforce a broader definition of the services and products impacted. Firms are particularly concerned about one regulation that would require them to store information on mainland China, forcing them to rely on cloud providers such as Alibaba and Tencent, which have more local services, as opposed to offerings from Amazon or Microsoft. Continue reading Foreign Firms Concerned by China’s New Cybersecurity Law

Amazon Opens Bookstore in NYC, Plans Six More This Year

Amazon just opened its seventh bookstore, a 4,000 square foot space, in the Time Warner Center at Columbus Circle in midtown Manhattan at the heart of the publishing industry. Nearby is the site of a bygone Borders bookstore in addition to publishers such as Penguin Random House, Simon & Schuster and Hachette Book Group. Amazon has committed to opening a chain of brick-and-mortar bookstores around the country, an irony given that the company’s online sale of books is often cited as a major factor in the demise of many bookstores nationwide. Continue reading Amazon Opens Bookstore in NYC, Plans Six More This Year

Bill Calls For More Drone Control, FAA Registry Struck Down

The Trump administration is upending the nascent drone industry, proposing legislation that would allow the federal government to track, commandeer, disable or destroy unmanned aerial vehicles. The legislation would include a new exception to surveillance, computer privacy and aircraft protection laws. The administration held a classified briefing for congressional staff members. At the same time, the D.C.-based U.S. Court of Appeals ruled against the FAA requirement for non-commercial drone owners to register their aircraft. Continue reading Bill Calls For More Drone Control, FAA Registry Struck Down

TV Networks Add Snapchat Shows to Multiplatform Strategy

Snapchat Shows is exceeding Snap Inc.’s expectations, encouraging the company to focus on an ambitious expansion to the app’s 166 million daily global users. The first Snapchat Show launch, in January 2016, was an internal creation, “Good Luck America,” which has since averaged 5.2 million viewers per episode in its second season, a 53 percent surge from its first season. That popularity is emboldening a long list of celebrities and media entities to jump on board, among them Jimmy Fallon, James Corden, A&E and BBC. Continue reading TV Networks Add Snapchat Shows to Multiplatform Strategy

Following U.S. Success, Amazon Brings Channels to Europe

For a year-and-a-half, Amazon has been promoting subscriptions to HBO, Starz and other streaming services. Now, it plans to expand Amazon Channels to Austria, Germany and the U.K. with between 25 to 42 live and on-demand channels from its content partners, thus offering the kind of a la carte TV that many viewers want. Apparently, the success of Channels took Amazon by surprise, and it has created two new channels — Anime Strike and Heera for Bollywood fans — while postponing plans for its own live service. Continue reading Following U.S. Success, Amazon Brings Channels to Europe

Facebook, Google Debut Advertising, Online Tracking Tools

Facebook is testing Audience Direct, a self-service tool to help publishers sell video ads across websites and apps. Publishers list available video ad inventory, with prices, and marketers then log into the system and buy ad space, with Facebook’s massive database allowing them to choose the types of users they hope to reach. Meanwhile, Google is launching a new tool that will help advertisers track online views more closely, and learn if such views led to a retail store visit. Continue reading Facebook, Google Debut Advertising, Online Tracking Tools

Supreme Court Ruling Is Likely to Suppress Patent Troll Suits

In a unanimous ruling, the U.S. Supreme Court tightened rules on where patent lawsuits may be filed. The consequences, say the experts, will make it much more difficult for patent trolls to seek out friendly courts that are likely to rule in their favor. Patent trolls are companies that buy patents solely to demand royalties and sue for damages. Currently, more than 40 percent of all patent lawsuits are filed in a federal court in East Texas, with a single judge there overseeing 25 percent of all nationwide patent cases. Continue reading Supreme Court Ruling Is Likely to Suppress Patent Troll Suits

Bitcoin Market Trending Upwards, But Ethereum On the Rise

The bitcoin market, almost a decade old, is now skyrocketing in value. Behind bitcoin’s rising price are investments by Japanese investors and a heightened perception of global perils. Over the weekend, according to the website CoinDesk, the price of bitcoin reacted to a sudden spell of speculative investment, trading above $2,200 on Monday, which represents more than 15 percent from the closing price of $1,913 on Friday. Bitcoin is up 397 percent from a year ago and 130 percent this year. Continue reading Bitcoin Market Trending Upwards, But Ethereum On the Rise

Toyota and MIT Media Lab Partner on Blockchain for Vehicles

The Toyota Research Institute (TRI), with MIT Media Lab, is exploring how to use the blockchain technology behind bitcoin in the automotive industry. The company unveiled several projects focused on how to use software to gather information about individual autonomous vehicles and distribute information about their safety. The first research aims to share data on every trip, develop tools to make ridesharing easier and create usage-based insurance products. TRI is also working with several startups in its efforts. Continue reading Toyota and MIT Media Lab Partner on Blockchain for Vehicles

Facebook’s Open-Source Telecom Project Challenges Telcos

Voyager, Facebook’s telecom infrastructure effort, is a side project, but it’s still rattling the telecom industry, which worries that revenues from its specialized products are at risk. Facebook and European telecom company Telia tested Voyager over the latter’s thousand-kilometer-telecom network, and German-based ADVA Optical Networking, which is manufacturing the device, has nine potential customers trying it out. Also testing Voyager is Paris-based Orange, working with Equinix and African telecom company MTN. Continue reading Facebook’s Open-Source Telecom Project Challenges Telcos

Chinese Search Engine Baidu Now Defender of Copyright Law

Since Baidu began creating and licensing content, the Chinese search engine titan has become focused on protecting copyright, a complete U-turn from the days when it was often accused of being a pipeline for pirated content. Among its newly licensed content are original shows from Netflix. Data from China’s Supreme People’s Court reveals that almost 87,000 copyright-related cases were filed in the country in 2016, a figure that is 15-times more than the cases filed ten years previously. Continue reading Chinese Search Engine Baidu Now Defender of Copyright Law

Advice on Keeping Smaller Businesses Safe From Cybercrime

The threat of ransomware and malware are growing. The “WannaCry” attack impacted at least 200,000 computers in 150 countries before peaking last week. Adylkuzz is another piece of malware currently threatening computers around the world. As computers become increasingly connected, so opportunities for cybercrime expand, say the experts. Part of the problem is that the Internet wasn’t designed with cybersecurity protections, and criminals are attracted to cybercrimes for the relatively easy profits they can make. Continue reading Advice on Keeping Smaller Businesses Safe From Cybercrime

FCC Chair Pai Begins His Promised Rollback of Net Neutrality

The Federal Communications Commission has begun to rollback net neutrality rules established during President Obama’s time in office. FCC chair Ajit Pai, who leads the commission in creating new rules that will benefit mainly cable and wireless companies, argues that net neutrality rules have slowed down investment in broadband infrastructure. To prove his point, he cited a study showing that domestic capital investment among large ISPs has dropped 5.6 percent between 2014 and 2016, which he blames on heavy-handed rules. Continue reading FCC Chair Pai Begins His Promised Rollback of Net Neutrality

Extortion Hacking On the Rise, But Does Not Always Pay Off

Cyberattacks are on the rise, with major corporations, media companies, the healthcare industry and even the federal government becoming targets of hacking. Recent incidents involved media content as hackers threatened early releases of movies and streaming series if the property owners failed to pay ransoms. Hackers called the Shadow Brokers told the NSA they would release secret espionage tools unless the agency pays up. Security experts suggest that this type of extortion has had mixed results thus far. Continue reading Extortion Hacking On the Rise, But Does Not Always Pay Off

Facebook Bolsters Premium Content With New eSports Deals

Facebook is pursuing eSports to satisfy user demand for more premium content. Earlier in 2017, the company inked deals with five eSports teams to publish live and on-demand video of players practicing and competing. Now Facebook has signed a deal with global eSports contest organizer ESL, to stream matches, player interviews and additional content. According to SuperData Research, in 2016 people watched 9.6 billion hours of live-streamed eSports and other videogame content, a number projected to rise to 11.4 billion in 2017. Continue reading Facebook Bolsters Premium Content With New eSports Deals

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