FCC May Introduce New Regulations for Online Video Services

Insiders indicate that the Federal Communications Commission is presently considering the introduction of new regulations for companies that provide subscription video services via the Internet. The FCC is reportedly looking at whether online providers should be regulated the same as traditional cable and satellite companies — or multichannel video program distributors. The move could affect those companies that are planning to launch OTT online video services in the future. Continue reading FCC May Introduce New Regulations for Online Video Services

Matchstick Developing Open-Source Streaming Media Dongle

San Jose-based startup Matchstick, in cooperation with Mozilla, is creating what is essentially an “open Chromecast.” The startup is taking orders for its first open-source media streaming dongle, which will range in price from $12 to $25. Matchstick hopes to encourage developers to create apps for its Firefox OS-based device before it starts shipping in January. Mozilla is helping the Matchstick team draw more content partners, so that the startup will be able to offer premium content. Continue reading Matchstick Developing Open-Source Streaming Media Dongle

Course Reversal: eBay Plans to Spin Off PayPal Biz Next Year

Facing new competition in the mobile payment space, including the recently unveiled Apple Pay, eBay announced yesterday that it plans to spin off its PayPal business into a separate publicly traded company in late 2015. This is an about face by the online retailer, which had defended keeping the companies together after investor Carl Icahn aggressively pushed for a separation. EBay now says that a split will provide both companies with better competitive positions and allow them to focus on strategy. Continue reading Course Reversal: eBay Plans to Spin Off PayPal Biz Next Year

Musician Releases Album via BitTorrent Bundle with Pay Gate

Thom Yorke, the lead singer of the rock band Radiohead, recently partnered with file-sharing company BitTorrent to release his new solo album directly to fans. Yorke’s album, “Tomorrow’s Modern Boxes” is the first record to be released as part of a BitTorrent Bundle with a pay gate, a feature that BitTorrent is testing as it tries to shed its reputation for pirated content. So far, the gamble for BitTorrent and Yorke has proved successful with 400,000 downloads in the first three days. Continue reading Musician Releases Album via BitTorrent Bundle with Pay Gate

Deal Now Complete: Amazon Acquires Twitch for $970 Million

According to a new SEC filing, Amazon’s buyout of online video game streaming company Twitch is now complete. The acquisition, worth $970 million and first revealed in late August, marks Amazon’s largest and most expensive deal to date. This follows earlier reports that suggested a similar deal was in the works with Google subsidiary YouTube. Twitch touts more than 55 million active monthly users, and is currently the largest live-streaming website in the U.S. by a significant margin. Continue reading Deal Now Complete: Amazon Acquires Twitch for $970 Million

Amazon Draws Distinction Between its Tablets and E-Readers

Amazon recently announced the expansion of its tablet line and e-reader offerings. As part of an effort to strengthen ties between its tablets and other new hardware, Amazon has dropped the name “Kindle” from its tablets. Formerly called Kindle Fire tablets, the simply named Fire HD and Fire HDX will be more closely aligned with the company’s Fire TV and Fire Phone. The rebranding highlights the distinction Amazon hopes to make between the Kindle e-readers and more advanced Fire tablets. Continue reading Amazon Draws Distinction Between its Tablets and E-Readers

Security Experts Warn of Potentially Dangerous Shellshock Bug

In 1987, programmer Brian J. Fox wrote one of the Internet’s most widely used tools. The software is named “Bash” (short for Bourne-Again Shell) and now appears in more than 70 percent of devices connected to the Internet, including computers, routers, servers and some mobile phones. Yesterday, security experts warned that Bash contains a software bug called “Shellshock” that could potentially be used to take over hundreds of millions of machines, including Mac computers and smartphones that run Android. Continue reading Security Experts Warn of Potentially Dangerous Shellshock Bug

Vizio Undercuts Price with Launch of P-Series 4K LED TV Line

Vizio has announced the availability of its P-Series 4K LED HDTV line we first saw during January’s CES. The company is dramatically undercutting most current UHD offerings from competing manufacturers. The 50-inch model is priced at $999, which could help push 4K into the mainstream — while the top-of-the-line 70-inch model is priced at a reasonable $2,499. Despite the cost of the P-Series line, Vizio has not skimped on the specs, including features such as Full-Array LED backlighting and local dimming. Continue reading Vizio Undercuts Price with Launch of P-Series 4K LED TV Line

Hulu Bets Big on Original Series from J.J. Abrams, Stephen King

Hulu has ordered a nine-hour miniseries adaptation of Stephen King’s novel “11/22/63” with J.J. Abrams as executive producer. No formal release date has been announced and Hulu has yet to decide whether only Hulu Plus subscribers will get access to the series. This gamble on a miniseries about JFK’s assassination may make Hulu a serious competitor in subscription video on demand. Netflix and Amazon currently have a head start in critically acclaimed original programming. Continue reading Hulu Bets Big on Original Series from J.J. Abrams, Stephen King

Alibaba Sets World IPO Record After its First Day of Trading

While Apple had a big weekend selling more than 10 million new iPhones, it wasn’t the only tech giant breaking records. Chinese e-commerce company Alibaba Group Holding Ltd. closed its first day of trading on Friday at $93.89 per share, a 38 percent increase from its IPO price, and the biggest first-day jump for an IPO of at least $10 billion. The IPO became the largest ever at $25 billion, after underwriters exercised a greenshoe option to increase the deal size by 15 percent based on strong demand. Continue reading Alibaba Sets World IPO Record After its First Day of Trading

Alibaba Raises $21.8 Billion in IPO: Ready to Take On Google

The Alibaba Group, China’s leading e-commerce operator, raised nearly $21.8 billion in its initial stock sale yesterday. While not the biggest initial public offering to-date, Alibaba did have one of the strongest stock sales on record, surpassing those for Facebook and General Motors. When it begins trading today on the New York Stock Exchange, it is poised to become one of the world’s most impressive Internet powerhouses, a compelling blend of Amazon, eBay, Google and other tech giants. Continue reading Alibaba Raises $21.8 Billion in IPO: Ready to Take On Google

Apple and Amazon Planning Programs for Sharing Digital Media

In what could prove to be a bold move, Amazon and Apple are planning to allow customers to share media purchased from their digital storefronts with family members. Similar language is being used by both companies to describe the programs, and both are launching around the same time. Apple’s “Family Sharing” program will be available via its new iOS 8 software, while Amazon’s “Family Library” is scheduled to join hardware and software updates slated for the end of October. Continue reading Apple and Amazon Planning Programs for Sharing Digital Media

Hachette and Amazon Continue to Battle Over E-Book Prices

As Amazon and Hachette continue to battle over the prices of e-books, Hachette’s authors have decided to appeal directly to Amazon’s board. Authors United is warning the board of the reputation that the retailer will develop if it blocks the sale of books, a tactic that may prove helpful considering the significance Amazon places on its reputation. Authors United members have until Wednesday to sign the letter, which will be sent to Amazon’s 10 board members. Continue reading Hachette and Amazon Continue to Battle Over E-Book Prices

New eBay Advertising Network to Capitalize on Mobile Users

E-commerce company eBay will launch a mobile ad network by the end of the year, allowing advertisers to target the 4.6 million daily users who spend an average of 150 minutes on the eBay app per month. Because eBay account holders have a single login assigned across their various mobile devices, the ad network collects data about user activity, including shopping habits. Triad Retail Media has partnered with eBay to place the ads across a variety of smartphone and tablet platforms. Continue reading New eBay Advertising Network to Capitalize on Mobile Users

Amazon Update Brings Prime Instant Video to Android Phones

Amazon announced yesterday that it plans to make Prime Instant Video available to all Android phones in the U.S., U.K. and Germany. An update to the Amazon app for Android will enable users to stream movies and TV shows available through Prime Instant Video. However, users will first need to install or update the Amazon app, and then use in-app tools to install the Amazon Instant Video player app. Users will also need to enable a phone setting that allows installing of apps from outside the Google Play store. Continue reading Amazon Update Brings Prime Instant Video to Android Phones