New Reddit CEO Faces Angry Site Users and Low Staff Morale

In the wake of Ellen Pao’s resignation as Reddit’s interim chief executive, co-founder Steve Huffman was brought in by the company’s board to take her place. Pao left after eight months in the wake of a mishandled firing of a popular employee, which triggered protests by hundreds of thousands of the site’s 160 million monthly visitors. Since Huffman left the day-to-day operations of Reddit in 2009, three years after its sale to Advance Publications, he founded online travel site Hipmunk where he will remain as CTO. Continue reading New Reddit CEO Faces Angry Site Users and Low Staff Morale

Global PC Sales Experience Sharp Q2 Decline, Excluding Apple

Data from two research firms reveal sharp declines in worldwide PC sales in the second quarter of 2015. According to Gartner, PC shipments fell 9.5 percent, year on year, to 68.4 million units. IDC reports an 11.8 percent drop to 66.1 million shipments during the quarter. The reports do not include tablets in their tallies. The world’s top PC vendor is still Lenovo, which enjoys a 20.3 percent share, notes IDC, followed by HP at 18.5 percent and Dell at 14.55 percent. Most hard hit by the decline are smaller PC manufacturers. Continue reading Global PC Sales Experience Sharp Q2 Decline, Excluding Apple

Facebook Looking to Expand Media Offerings with Music Videos

Facebook has turned its attention to music videos in its latest move to offer more video content to its users. The social media company began moving into video in the last few years, now showing content from BuzzFeed, Vice and other publishers, in addition to its user-generated content. Music videos would continue the trend and up the competition between Facebook and YouTube. Facebook currently has 1.4 billion worldwide users, and adding video is likely to extend the time that viewers stay on the site. Continue reading Facebook Looking to Expand Media Offerings with Music Videos

Quip Launches New Desktop Version of its Productivity Software

Quip, a company founded by Google vets Bret Taylor and Kevin Gibbs, recently released its mobile creation and collaboration tool for desktop computers. The toolset enables users to connect desktops and mobile devices to the cloud for a version of distributed computing, usually the purview of large data centers. Part of an emerging trend to use as much computing as possible, Quip’s solution has similarities to Amazon’s Silk browser in the Kindle, which has features of local and cloud computing. Continue reading Quip Launches New Desktop Version of its Productivity Software

Paramount Shortens Release Date from Movie Theater to DVD

Paramount Pictures has inked a deal with two major theater chains to release two upcoming films on DVD just two weeks after they leave theaters, a significant change to the traditional schedule. Since the 1980s, and the advent of the VCR, studios have waited at least 90 days, so this new deal marks a real break with the status quo. The Viacom-owned movie studio has partnered with AMC Entertainment Holdings Inc. and Canada’s Cineplex Inc., two of North America’s largest exhibitors. Continue reading Paramount Shortens Release Date from Movie Theater to DVD

VideoStitch Raises $2.25 Million for Live 360-Degree VR Feed

French startup VideoStitch has the ability to output a live 360-degree feed, using multiple action cameras, making it ideal for virtual reality. The video-stitching solution attracted the attention, and $2.25 million, from Alven Capital. VideoStitch’s software can also be used to output 3D videos as well as a simple stitching solution for video feeds. The software supports any 360-degree camera configuration, is scalable and allows processing across multiple GPUs for real-time results. Continue reading VideoStitch Raises $2.25 Million for Live 360-Degree VR Feed

Yahoo Hosting Lucrative Daily and One-Week Fantasy Sports

Yahoo now hosts daily and one-week fantasy sports games, one of the most popular activities on the Internet, with an estimated 57 million fans in the U.S. and Canada. Yahoo, similar to other online destinations, has long hosted season-long fantasy sports but the daily segment has grown rapidly in the last two years. Yahoo stands to make hundreds of millions in new revenue, say analysts. Two companies dominate the category: FanDuel and DraftKings, which are now drawing interest from big name investors. Continue reading Yahoo Hosting Lucrative Daily and One-Week Fantasy Sports

Silicon Valley and Security Experts Face Off Over Encryption

A group of 14 preeminent international cryptographers and computer scientists reported that offering government access to encrypted communications puts the world’s confidential data and infrastructure at risk. The report is in response to demands by the U.S. and British governments that technology companies provide a digital key for encrypted data. Conflict has been heating up between privacy advocates and government agencies over encryption, and the report is the latest move by technologists to counter government demands. Continue reading Silicon Valley and Security Experts Face Off Over Encryption

Whipclip Attracts Media Partners and $40 Million Investment

Whipclip’s app, which allows users to immediately and legally share clips from TV shows and other media, raised an additional $40 million in Series C financing. Led by asset management firm Eminence Capital, other investors include Institutional Venture Partners, Rain Ventures and content partners A&E, ABC, CBS, Comedy Central, Fox, Lifetime, Sony Music and Universal Music Group. Whipclip CEO Rich Rosenblatt, previously co-founder of Demand Media, states that some clips have been viewed millions of times. Continue reading Whipclip Attracts Media Partners and $40 Million Investment

Over 500 FAA Exemptions in 2015 Open U.S. Skies to Drones

In 2015, the FAA granted over 500 exemptions to farmers, railroads, security services and medical facilities that wanted to fly drones. Although FAA rules require all drones to have a human pilot and stay within the operator’s sight, it now plans to make exception to those rules. More drones are likely to fly as competitors come out with more, sometimes less expensive choices. The move also helps the U.S. catch up with drone use in Europe and Canada. Switzerland, for example, began trials of drone-delivered mail. Continue reading Over 500 FAA Exemptions in 2015 Open U.S. Skies to Drones

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