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

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

Apple and Nokia have signed a multi-year patent license and new business cooperation agreement that settles all litigation related to the ongoing IP dispute between the two companies. As part of the deal, Nokia will provide Apple with network infrastructure products and services, while Apple has agreed to pay Nokia an upfront cash fee and resume selling Nokia’s digital health products, formerly under the Withings brand (which Apple had stopped selling last year). According to the press release, “Regular summits between top Nokia and Apple executives will ensure that the relationship works effectively and to the benefit of both parties and their customers.” Continue reading Apple, Nokia Sign Agreement to Settle Ongoing Patent Battle

Intel is paying $15.3 billion for Mobileye, an Israeli tech supplier that makes sensors and cameras for driverless vehicles. “You can think of the car as a server on wheels,” said Intel chief Brian Krzanich. “The average autonomous car will throw out four terabytes of data a day, so this is one of the most important markets and one of the fastest-growing markets.” The market sector is currently dominated by companies such as Google and Uber that have developed test vehicles, initiated trials in various cities, and signed partnerships with major automakers such as Chrysler and Volvo. Consulting firm Bain & Company forecasts the autonomous vehicle sector will be worth $25 billion annually by 2025. Continue reading Intel Acquires Mobileye in Effort to Develop ‘Server on Wheels’

While U.S. networks primarily repost their broadcast television shows online, European broadcasters are taking a different approach by producing short-form Web series that are created specifically for mobile viewing. The new shows are a way for broadcasters to compete with the growing popularity of Netflix and Amazon, while creating a new revenue stream as mobile advertising sales are expected to surge 82 percent in the next two years. The ads for these shows are often targeted at younger audiences who are more likely to be watching on the go. Continue reading European Broadcasters Create Web Videos for Young Viewers

Visa and IBM are partnering to make electronic payments easier in the emerging Internet of Things era. The two companies envision a commerce-based IoT ecosystem that extends digital payment capabilities to smart devices, including vehicles, wearables, and appliances. Drivers, for example, could pay for gas, parking, or oil changes before stepping out of their connected cars. Watson’s IoT platform would handle the AI tech, while mobile payment solution Visa Token Service would address digital transactions. Continue reading Visa and IBM to Extend Digital Payments to Connected Devices

Google and Facebook are improving their efforts to put an end to fake news, especially in light of looming elections in Europe. First Draft News, which is financially supported by Google, has engaged Le Monde and Agence France-Presse, among 15 French news outlets in a new program, CrossCheck, to verify online content in the lead-up to France’s April presidential election. Google reports that a similar program is “under discussion” for Germany, which will hold federal parliamentary elections in September. Continue reading Google, Facebook Take Steps to Combat Fake News in Europe

A Samsung investigation into the Galaxy Note 7 smartphone batteries found the cause for the problem that led to the total recall of 2.5 million phones, say sources: irregularly sized batteries and others with manufacturing problems. Since some Galaxy Note 7 phones caught on fire, Samsung, which revealed the results of its investigation on Monday, saw damage to its brand and a loss of at least $5 billion. Led by Samsung, the investigation was conducted by three quality control and supply chain analysis firms. To avoid future mishaps, the company has developed a new QC process. Continue reading Samsung Creates 8-Point QC Process to Curb Tech Problems

Facebook’s Journalism Project is creating stronger connections to media companies, the result of the company’s unwelcomed limelight regarding fake news, and founder Mark Zuckerberg’s reluctant admission that the company is, at least in part, a media company. Facebook is also reaching out to support local news and making more efforts to educate users about hoaxes. Facebook plans to offer training for journalists and keep media updated on its efforts. This is the latest chapter in a historically complicated relationship. Continue reading Facebook Journalism Project Aims to Improve Ties with Media

Amazon is expected to debut its streaming Amazon Prime Video in about 200 countries and territories, say sources close to the matter. Although a launch in India was already announced, Prime is currently only available in the U.S., U.K., Germany, Austria and Japan. The news was leaked by Jeremy Clarkson, star of the upcoming Amazon automotive show “The Grand Tour,” who tweeted that “Amazon has gone global,” with the show to be available in 200 territories. With a global reach, Amazon will be in direct competition with Netflix. Continue reading Amazon Readies Launch of Prime Video in 120 More Countries

Google formally rebutted two antitrust charges made by the European Commission (the European Union’s executive body). The Commission claims that Google has used its search engine to boost Google Shopping, its price comparison service, and AdSense, its ad placement service. A third European Union antitrust suit claims that Google’s mobile OS is a ‘Trojan horse’ to promote its own products and services, injuring potential rivals. The EU says it “cannot at this stage prejudge the final outcome of the investigation.” Continue reading Google Offers Formal Response to Two EU Antitrust Charges

Despite shifts in music consumption involving streaming services, Internet radio, digital downloads and more, many consumers are still purchasing CDs. However, the revenue does not always reach the artists and labels responsible for the music, since piracy is running rampant in the form of counterfeit CDs offered through online retailers such as Amazon. Counterfeits are becoming increasingly difficult to distinguish from the official versions. While CD sales represented a mere 13 percent of revenue for U.S. labels the first half of this year, they accounted for almost 40 percent of global revenue for the recording industry last year. Continue reading Music Industry Contends with Major Uptick in Counterfeit CDs

According to World TV Production Report 2016, over-the-top services including Amazon and Netflix now rank with traditional media sources as TV titans. The report notes that, combined, Netflix and Amazon spent $7.3 billion in 2015 on programming, as much as the country of Germany. The only media outlets to best Amazon and Netflix in terms of production investments are Disney (at $11.84 billion) and NBC (at $10.27 billion). The new status reflects a boost in online series production, from 13 in 2013 to 20 in 2014 and then 41 in 2015. Continue reading Netflix, Amazon Spending More on Original Series Production

Major American tech companies are building multiple data centers in Europe, with the end goal of dominating the cloud computing market there. The leading provider, Amazon Web Services, will soon open data centers in France and Britain. The second largest cloud computing provider, Microsoft reports it has spent $1 billion in the last year on data centers, for a total expenditure of $3 billion since 2005. Google, already in Belgium and Finland, will complete a new expansive data center in the Netherlands by the end of 2016. Continue reading U.S. Cloud Computing Titans Invest in European Data Centers

Sony, Universal, Warner Bros. and other record labels are taking legal action against the German operator of website YouTube-mp3.org, claiming that the industry is being robbed of revenue from streaming, downloads and advertising. BBC notes that the site provides an easy-to-use method of downloading audio from YouTube videos. The labels filed the suit in a federal court in Los Angeles, seeking damages including $150,000 per each alleged act of piracy. According to the labels, “tens, or even hundreds, of millions of tracks are illegally copied and distributed by stream-ripping services each month.” YouTube-mp3.org is described as the “chief offender,” with more than 60 million monthly users. Continue reading Top Record Labels File Lawsuit Against YouTube Ripping Site