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

Google For Work: Software, Cloud Services Target Enterprise

Google is competing with fellow tech giants Microsoft and Amazon to offer businesses the best options for their employees, from laptops to software to cloud services. The company’s Google Drive for Work is designed to help co-workers share files, even if they were created in a Microsoft or Lotus program. Also, the company’s new pitch to workplaces has featured its cloud services, which provides computing power, storage, application storage, and mobile support for businesses’ online presence. Continue reading Google For Work: Software, Cloud Services Target Enterprise

New Shyp Service Reimagines How We Package and Ship Items

San Francisco-based startup Shyp — “the easiest way to ship anything” — is aiming to simplify the shipping process. Rather than packaging an item and finding the cheapest company to ship with, the user simply takes a picture of the item to be shipped and adds the address. Within 20 minutes, a Shyp courier arrives to pick up the item and hands it off for another person to do the work. The app is meant to be a cheap and efficient way to ship items without doing any work. Continue reading New Shyp Service Reimagines How We Package and Ship Items

U.S. Postal Service to Slash Prices for E-Commerce Retailers

To be more competitive, the U.S. Postal Service will cut its prices by as much as 58 percent on certain Priority Mail packages for retailers shipping at least 50,000 packages per year. Both UPS and FedEx believe the price cuts are an unfair way for the USPS to gain an edge in the e-commerce business. Amazon and USPS already have a partnership to deliver on Sundays, but the two organizations are teaming up again to test grocery deliveries in San Francisco. Continue reading U.S. Postal Service to Slash Prices for E-Commerce Retailers

Google Settles with FTC, Will Refund $19 Million to Customers

The Federal Trade Commission announced yesterday that Google will refund consumers at least $19 million for unauthorized charges that resulted from their children making in-app purchases on Android mobile devices. The FTC alleged that Google was guilty of unfair commercial practices since 2011 by making it relatively simple for children to make purchases from the Google Play store without permission. As part of the settlement, Google will also be required to modify its billing practices. Continue reading Google Settles with FTC, Will Refund $19 Million to Customers

Ultra HD: Samsung to Offer 4K Amazon and Netflix Streaming

Samsung announced that it is partnering with Amazon to offer Ultra HD content. Samsung plans to offer Amazon’s UHD on-demand service in October, in addition to expanding its pre-existing Netflix UHD service in Europe. Samsung, in collaboration with 20th Century Fox and Paramount, converted 40 movies to UHD over the summer to increase the content collection. It should be in the interest of manufacturers to expand 4K offerings in order to spark consumer interest in the new TV sets. Continue reading Ultra HD: Samsung to Offer 4K Amazon and Netflix Streaming

Growing Success of E-Sports Draws Attention of Advertisers

Over 70 million people watch e-sports over the Internet or on TV worldwide, estimates SuperData Research. ESL, Major League Gaming and other independent game leagues put on dozens of competitions per year. Game tournaments now sell out arenas in the same way that professional sports do, and top players receive incomes in the millions. Professional gamers are now granted visas, just as professional athletes are. And the success of the gaming industry is attracting advertisers worldwide. Continue reading Growing Success of E-Sports Draws Attention of Advertisers

Yekra Adds Blockbusters, Customized Playlists to Movie Player

Yekra, a Los Angeles-based startup, distributes movies by embedding them in websites. With Yekra’s improved movie player, websites can directly distribute relevant movies to their visitors, and make money doing it. Website owners can choose movies for their customizable playlists from Yekra’s 250-film library, including blockbusters such as “The Dark Knight,” “The Great Gatsby” and “The Lord of the Rings.” In the past two years, Yekra has made $2.5 million in sales. Continue reading Yekra Adds Blockbusters, Customized Playlists to Movie Player

Amazon and Google Continue Their Plans for Drone Delivery

Google has joined Amazon in the race to deliver goods faster by small unmanned aircraft. The tech giant has had “Project Wing” in development for two years, but the company does not expect to build mini helicopter drones for another few years. Meanwhile, the Federal Aviation Administration is still imposing restrictions on flying drones in the U.S., which could slow such plans. Amazon, however, may start drone delivery in India, which does not currently have drone regulations. Continue reading Amazon and Google Continue Their Plans for Drone Delivery