Study: Younger Consumers Interested in Branchless Banking

A new study from Accenture found that as our finances move to new digital platforms, younger generations place more trust in Internet and retail brands than they do with traditional banks. The study found that individuals between the ages of 18 and 34 would consider doing their banking entirely online while also getting their financial services from non-traditional providers. Topping the list, 46 percent of respondents in this age group said they would be likely to bank with PayPal. Continue reading Study: Younger Consumers Interested in Branchless Banking

Apple Leads Global PC Market, Lenovo Holds the No. 2 Spot

According to market researcher Canalys, Apple is maintaining a comfortable lead in the global PC market, despite a disappointing quarter for the iPad. In the worldwide market sector that includes tablets, laptops and desktops, Apple is the number one supplier, with Lenovo gaining ground. Apple sold about 20 million Macs and iPads in the first quarter. While the decline in iPads was the sharpest to date, Canalys believes Apple will continue to dominate the tablet market, due in large part to its robust ecosystem. Continue reading Apple Leads Global PC Market, Lenovo Holds the No. 2 Spot

Apple Reportedly Getting Ready to Spend $3.2 Billion on Beats

Insiders say Apple is in talks for a proposed $3.2 billion acquisition of Beats Electronics, which would provide Apple with Beats’ headphone business and recently-launched subscription music service. Although Apple disrupted the music business when it launched iTunes in 2003, it has recently faced declining download sales as consumers increasingly turn to subscription services. If the Beats deal goes through, it would be Apple CEO Tim Cook’s boldest and most expensive acquisition to date. Continue reading Apple Reportedly Getting Ready to Spend $3.2 Billion on Beats

Google Acquires Audio-Based Password Company SlickLogin

Google has acquired sound-based password company SlickLogin, only five months after the startup launched at TechCrunch Disrupt. The service, currently in beta testing, was designed as a password alternative or an extra security layer for existing passwords. Google’s acquisition could lead to the audio-based technology being used to log in to Android phones, Chrome browsers, Gmail or Google+ in the future. Specifics of the deal have yet to be announced. Continue reading Google Acquires Audio-Based Password Company SlickLogin

5G Mobile Technology: The End of the Cell as Building Block

Although it seems like 4G mobile technology is relatively new, it has been around since 2006. Specialists are now speculating about what the fifth generation holds. Federico Boccardi at Alcatel-Lucent’s Bell Labs and colleagues are focusing on technologies that are likely to have a disruptive impact on the next generation of mobile communication. They are pinpointing technologies that force us to rethink networks and how devices use them. Continue reading 5G Mobile Technology: The End of the Cell as Building Block

Vimeo PRO: Same Cost, More Storage and Unlimited HD Plays

Vimeo reintroduced its Vimeo PRO service this week, with several major upgrades including up to 1TB of storage and unlimited HD plays. The service is targeting professional film and video makers, offering new options at the same subscription rate it unveiled when the service was first introduced two years ago. Vimeo also announced its VIP customer service plan, FTP support and Vimeo On Demand feature for monetizing video content. Continue reading Vimeo PRO: Same Cost, More Storage and Unlimited HD Plays

Gartner Outlines the Top Ten Strategic Tech Trends for 2014

During the Gartner Symposium/ITxpo 2013 in Orlando, Florida, the IT leaders at Gartner identified the Top 10 Strategic Technology Trends expected for 2014: mobile device diversity and management, mobile apps and applications, the Internet of Everything, hybrid cloud and IT as service broker, cloud/client architecture, the era of the personal cloud, software-defined anything (SDx), Web-scale IT, smart machines, and 3D printing. Continue reading Gartner Outlines the Top Ten Strategic Tech Trends for 2014

Startup Ossia Unveils Wireless Power Charging Technology

Wireless charging has yet to enter into the mainstream market and has seen little development. But a relatively unknown startup, Ossia, has developed wireless powering technology called Cota that it hopes to bring to market and change the way businesses and consumers power their devices. It uses a wireless spectrum similar to Wi-Fi and Bluetooth to safely deliver power, and has the potential to easily power common devices in a seamless way. Continue reading Startup Ossia Unveils Wireless Power Charging Technology

Snapchat Boasts 350 Million Snaps Per Day, Looks to Expand

Snapchat CEO Evan Spiegel recently announced that the company’s messaging app is processing more than 350 million snaps a day, which is an increase from 200 million in June. The popularity of the app stems from the fact that one can send pictures that are instantly deleted after being opened. Facebook’s Poke app may have been a potential threat to Snapchat, but while the Poke app has lost popularity, Snapchat is number 12 among Apple’s free apps. Continue reading Snapchat Boasts 350 Million Snaps Per Day, Looks to Expand

Spacey Recommends TV Industry Give Viewers More Control

Actor Kevin Spacey’s recent MacTaggart lecture at the Guardian Edinburgh International Television Festival is generating a great deal of media buzz while it is busy making the rounds in the tech and TV industries. During his speech, the Academy Award winner discusses how Netflix and other companies are disrupting the traditional network and cable TV models. Spacey suggests that viewers want more control and that adopting a new distribution model could actually help curb piracy. Continue reading Spacey Recommends TV Industry Give Viewers More Control

Disparity Between Indie Music and Superstar Concert Revenue

Lesser known musicians and indie bands can find an audience today with the help of online services such as Pandora, Spotify and iTunes, while leveraging the marketing power of social networks including Twitter and Facebook. Yet this disruption to music distribution and promotion does not hold true of live performances. Big name music acts continue to dominate while niche, indie acts receive a very small share of concert revenue. Continue reading Disparity Between Indie Music and Superstar Concert Revenue

Disruption: Will Google Take Over the Desktop with Chrome?

Google Chrome has the potential to follow mobile as a second significant disruption to computing. With Chrome, Google is making a move to dominate computing as an entry to a new app economy. Kevin C. Tofel, writing for GigaOM, suggests that within a year, many of us will be using a Chromebook — but not necessarily “Google-designed hardware; instead it will be on the Mac, Windows or Linux machine you have at that time.” Continue reading Disruption: Will Google Take Over the Desktop with Chrome?

Broadcasters File Appeal in Response to Aereo Decision

In an appeal that potentially raises the stakes regarding the future of television, broadcasters including Fox, PBS and Univision are asking a New York appeals court to reconsider its decision that allows Barry Diller-backed startup Aereo to retransmit over-the-air TV broadcasts to mobile devices. Earlier this month, we reported that the U.S. Court of Appeals for the Second Circuit in New York had upheld a ruling in favor of Aereo. Continue reading Broadcasters File Appeal in Response to Aereo Decision

Opinion: Will Mobile Devices Eventually Replace the Big Screen TV?

  • In this opinion piece published on CNET, freelance writer Steve Guttenberg predicts that iPads and other tablet devices will eventually make having a large screen TV a thing of the past.
  • “By 2020 younger people who will have grown up with tablets won’t see a need to ever buy a big display, which will by then seem as obtrusive as a pair of 4-foot-tall tower speakers do to most buyers nowadays,” he suggests.
  • For the naysayers, Guttenberg cites audio technology as an example. Twenty years ago, it was hard to imagine that most consumers would be less concerned about a set of quality speakers and more interested in portability or personalization. Yet that’s where we’ve landed.
  • “With music, everyone except for a handful of audiophiles, listens in their cars, computer, or on iPod,” he writes. “A home hi-fi of any quality now seems irrelevant; the same fate is in the cards for TVs. They will start to look too big, too imposing for the room’s decor.”
  • This is interesting to consider now, as tablet sales are taking off in the consumer market. Will mobile devices such as the tablet kill TV?
  • Guttenberg believes we are heading in that direction: “There will always be a market for big TVs, just as there is for great audio, but big-screen sales will continue to shrink over time. Most people will be perfectly content to watch movies and sports on their iPads.”

Disruptive TV Trends: What is the Future of the Business of Television?

  • Amsterdam’s annual IBC event offered a number of potential TV game-changers earlier this month, suggests TVNewsCheck. These include cloud-based or service-oriented architecture (SOA) applications for capturing, producing, processing and distributing digital video and audio; IT-based playout (channel in a box) tools that could potentially make broadcast playout more affordable; and 3D technology likely to be deployed for the 2012 London Olympics.
  • Also on display were technologies “aimed at making 3D production more affordable and compatible with standard 2D operations.”
  • Cloud services were at the forefront since broadcasters are now challenged by having to support an increasing number of distribution platforms.
  • Vendors discussed the fundamental concerns about cloud-based architectures, “notably content security, access to content, collaboration, bandwidth and workflow continuity,” reports TVNewsCheck.
  • In a related article from GigaOM that analyzes shifts in traditional television, venture capitalist Habib Kairouz writes that the TV industry is poised for some significant changes due to a number of upcoming trends: TV anywhere and anytime will catch on; the rise of the Internet-connected TV and interactive programming; and personalized advertising.
  • The article suggests that content owners will benefit as MSOs, IPTV providers, and others compete with one another. MSO’s are hedging their bets by purchasing both traditional and interactive content, while TV manufacturers are looking to build Internet services into their low margin businesses. We should watch for new entrants to increase the disruption in this space.