Virtual reality headset Oculus Rift, which began as a Kickstarter project seeking $250,000 (and eventually generated $2.4 million), is expected to transition from prototype to available product, thanks to $75 million in Series B venture funding led by VC firm Andreessen Horowitz. Oculus VR also announced that Marc Andreessen, co-founder of Andreessen Horowitz and one of the individuals behind Mosaic and Netscape, will join the company’s board of directors. Continue reading VR News: Oculus Rift Secures $75 Million in Venture Funding

Charles and Kai Huang, co-founders of RedOctane (“Guitar Hero”), have teamed with Coleman Fung, founder of OpenLink, to form interactive fitness startup Blue Goji. The company recently launched Goji Play, a $99 set of exercise equipment-friendly game controllers with velcro straps, that encourages users to play games while working out on a treadmill, elliptical machine or stationary bike. An activity tracker measures how quickly you’re moving, and powers game characters. Continue reading Goji Play Transforms Fitness Equipment into a Game Machine

In anticipation of the upcoming 2014 International CES, January 6-10, the ETC@USC will have a team of more than a dozen writers, reporters and support staff onsite in Las Vegas to provide comprehensive coverage throughout the show on emerging products and trends in the consumer electronic space that are relevant to ETC member companies, and to the entertainment industry as a whole. ETCentric will publish articles, updates via social media, and video content throughout the show. Continue reading CES 2014: ETC Coverage Begins with Preview Series, Key Trends

Wearable technology and personal data — rapidly moving beyond early-adopter status to play an increasingly important role in the marketplace — is a major trend we’ll be examining at CES. The skyrocketing popularity of wearables is no surprise; at last year’s show, Digital Health and Fitness emerged as the second most-talked about topic behind only Ultra HDTV. ABI Research predicts 169.5 million wearable health and fitness devices will be on the market by 2017. Continue reading CES 2014: Wearable Devices and Technologies Gain Prominence

AT&T CEO Randall Stephenson, speaking at an investor conference in New York City last week, said wireless operators can no longer afford to subsidize cutomers’ devices in an era when smartphones are upgraded so frequently. With smartphone penetration above 75 percent and soon expected to reach 90 percent, Stephenson suggests that operators need to make greater efforts to get their customers to use more of the network, as opposed to merely getting on the network. Continue reading AT&T CEO: Wireless Carriers Can No Longer Subsidize Phones

Twitter is testing a new timeline for its mobile app based on location, called “Nearby,” which shows users recent tweets that originated in the user’s vicinity. The Nearby feature has occasionally appeared on the smartphones of users who allow the service to use their location (users can also opt out of location sharing). Twitter has yet to comment on the feature, which some suggest could be attractive to advertisers, but says it experiments regularly to provide a better user experience. Continue reading Twitter Runs Location Sharing Experiment with Nearby Feature

Warner Bros. launched Warner Archive Instant in April, offering rare and hard-to-find movies and TV shows online. The $9.99 per month service streams content from Warner Bros., MGM, RKO, Allied Artists and others. Last week, the studio announced a new iPad app for the service. Many of the titles are available for streaming to HDTVs in 1080p via an iPad or Roku player. The entire Warner Archive Instant collection is also now available with closed captioning. Continue reading Warner Archive Instant Adds iPad App and Closed Captioning

Just in time for the holidays, Google announced on Tuesday that it is supporting 10 new apps for its $35 Chromecast media streaming dongle that plugs directly into a television’s HDMI slot. The new apps come from Avia, BeyondPod, Plex, PostTV, Red Bull.TV, RealPlayer Cloud, Revision 3, Songza, VEVO and Viki. Chromecast, which debuted in July, now has 17 apps available for streaming content. Users can select the video apps on a phone or tablet to view content on their TV. Continue reading Google Chromecast: 10 New Streaming Apps for the Holidays

According to a new Broadband Media Intelligence report by IHS, 86.1 million U.S. households had broadband Internet access at the middle of 2013. That figure represents a 70.2 percent penetration of American households. IHS estimates a 71.3 percent penetration by the end of the year, up from 69.6 percent the previous year. IHS also forecasts coverage will reach 74.1 percent by 2017 (about 94.7 million homes). Cable is currently the leading mode of access. Continue reading IHS Says More Than 70 Percent of U.S. Homes Have Broadband

Twitter is taking another step toward TV integration, as new partners have signed on to leverage the social service and Comcast’s SEEiT platform. Originally available for Comcast Xfinity and networks owned by NBCUniversal, new partnerships will allow subscribers of Time Warner Cable, Charter and Cablevision Optimum to use SEEiT via set-top boxes. Additionally, networks such as ABC, AMC, Fox and FX will use SEEiT to help steer access to their programming. Continue reading Comcast Announces Major New Partnerships for SEEiT Platform

Pay TV subscribers in the U.S. who purchased Microsoft’s new Xbox One game console can now watch episodes of Fox prime time shows such as “The Simpsons,” “New Girl” and “Almost Human.” In order to access the Fox Now streaming service, consumers need to subscribe to participating cable, satellite and telco TV partners. According to Microsoft, 2 million Xbox One consoles have been sold since the product debuted last month in 13 countries. Continue reading Pay TV Subscribers Can Now Enjoy Fox Shows via Xbox One

Google-owned YouTube reached an impressive milestone when it passed the one billion user mark earlier this year. Now the popular online video service is poised to achieve another milestone by crossing the five billion dollar mark. According to recent estimates by eMarketer, YouTube is expected to generate $5.6 billion in gross revenue for 2013, up 51 percent from last year. That figure would represent 11 percent of Google’s total advertising revenues. Continue reading YouTube Expected to Earn $5.6 Billion in Revenue for 2013

Darcy Antonellis, president and chief technology officer of Warner Bros. Entertainment, will leave her post to become CEO of Vubiquity in January. Virginia-based Vubiquity, formerly Avail-TVN, is a global provider of multiplatform video services. Antonellis, winner of three technical Emmys, has been with Warner Bros. for 15 years, and has held her current position since 2008. She will replace Ramu Potarazu, who stepped down as CEO in March. Continue reading Darcy Antonellis Named CEO of Vubiquity, Exits Warner Bros.

The U.S. House of Representatives passed the Innovation Act yesterday, a bill that intends to help reform the troubled American patent system. The bill, which passed by a vote of 325-91 with bipartisan support, will now go to the Senate (where it expects to pass), and then to the White House. Supporters hope the bill will save the current patent system plagued by low-quality patents and trolls, while others suggest it is merely a small solution for a much bigger problem. Continue reading House Passes Innovation Act: Enough to Save Patent System?

The New York Times has launched a responsive Web app for its daily print edition, designed for tablets and computers. “Today’s Paper,” built with HTML5, offers the content of the daily edition in a layout that is similar to the paper’s iPad app in Newsstand. It is delivered on a regular daily schedule and structured similarly to the print version, for those frustrated by segmented apps and digital offerings. Interaction on a tablet offers swiping and gestures rather than clicking and scrolling. Continue reading NYT Launches HTML5-Based Web App with Print-Like Design