Roku Adds 1.6M Streaming Accounts but Revenue Sluggish

Roku managed a 1 percent increase in Q1 revenue on sales of $741 million. While sales in is platform segment were down 1 percent, to $635 million, the company had a positive performance on the streaming side, with 1.6 million active accounts added to take it past 70 million. Streaming service distribution, including FAST channels, is part of Roku’s platform services, along with ad sales, media and entertainment promotions and Roku Pay. In Q1, the Roku operating system was again the top-selling smart TV OS, with a record-high 43 percent of TV unit share in the United States. Continue reading Roku Adds 1.6M Streaming Accounts but Revenue Sluggish

Google Intros New Features for Search, Maps and Shopping

Google is starting to publicly roll out many of the new features introduced at its Search On event in September. Spanning Google Search, Shopping and Maps, the tools let consumers do things like search their favorite restaurant dish by name, like “truffle mac and cheese near me.” A visual search experience for Maps called Live View lets users glimpse street scenes in cities including London, Los Angeles, New York, Paris, San Francisco and Tokyo. And an AR shopping feature invites people to try on everything from makeup to accessories using a library of 148 models. Continue reading Google Intros New Features for Search, Maps and Shopping

Robot Renaissance Triggers a Surge in Automaton Workforce

The world is experiencing a skilled labor shortage, and robots are stepping in to fill the void. Last year, some 500,000 industrial robots were added to the global workforce, bringing the total figure to about 3.5 million, according to a new report by the International Federation of Robotics trade group, which says the number of robots added in 2021 exceeds by 22 percent a record set in 2018. The pattern indicates the industrial robotics market will grow from $15.7 billion in 2022 to $30.8 billion by 2027, a CAGR of 14.3 percent, according to the report. Continue reading Robot Renaissance Triggers a Surge in Automaton Workforce

Keynote: IBM Chief Uses Case Studies to Explain Deep Data

IBM chair, CEO and president Ginni Rometty made her second CES keynote appearance and focused on artificial intelligence, big data, quantum computing, and closing the skills gap in computer science in a series of onstage conversations. Rometty drew a distinction between big data and deep data as she explained that there is a tremendous amount of information collected for specific analysis, but there is a wealth of analytical and predictive opportunity yet available. As an example, she cited analysis of fingernails as a means of predicting health issues or weather data to better forecast mid-air turbulence. Continue reading Keynote: IBM Chief Uses Case Studies to Explain Deep Data

CES Panel: Innovators/Disruptors Discuss Paths to Success

Shelley Zalis, chief executive of The Female Quotient, dubs herself a chief disruptor in many roles in her life, making her the ideal person to speak with a panel of like-minded innovators and disruptors at CES 2019. They included John Padgett, chief experience and innovation operator at Carnival Corporation; Arlan Hamilton, founder and managing partner of Backstage Capital; and Patrick Brown, founder/chief executive of Impossible Foods. They all had tales to tell about their challenging roads to success. Continue reading CES Panel: Innovators/Disruptors Discuss Paths to Success

In Speedier Rollout, Amazon Adds Four New Alexa Slot Types

When Amazon’s Alexa asks for the name of an actor, athlete, author or another noun in response to a question, there’s a method to the madness: it’s trying to fill a “slot type,” which defines how data is recognized. A skill or third party app with a slot type for actors would likely query filmographies listing names of actors. These slots are intended to save time, says Amazon, as well as provide a more consistent experience. Amazon is adding four new slot types: Creative Work, Food, Sport and Video Game. Continue reading In Speedier Rollout, Amazon Adds Four New Alexa Slot Types

Walmart Pushes into E-Commerce, Now Offers 40M Products

In August, Walmart purchased Jet.com for $3.3 billion in cash and stock, a vote of confidence that the e-commerce startup’s founder/chief executive Marc Lore understood the way that Walmart could successfully compete with Amazon. Lore believes that Walmart should focus on product areas that are newly popular online, including clothing, fresh food and everyday essentials found in the drugstore. Shortly after acquisition, Lore and his management team took over Walmart’s domestic e-commerce operations, including 15,000 employees. Continue reading Walmart Pushes into E-Commerce, Now Offers 40M Products

Drone Industry Is Under Rapid Change in Southern California

Drone operators are beginning to realize the commercial potential of UAVs. In Southern California, for example, drones are being used for film production, sports coverage, wedding photography, map-making and more. According to Los Angeles Daily News, drone operators are also making money with applications such as: “examining the health of agricultural crops,” “monitoring the progress of construction projects,” “documenting the installation of rooftop solar panels in order to claim federal tax credits,” “selling commercial, industrial and residential real estate” and “surveying electric wires, pipelines, railroad tracks, dams and canals for damage.” Meanwhile, companies including Amazon and Google are experimenting with drone delivery services. Continue reading Drone Industry Is Under Rapid Change in Southern California

Yahoo Streamlines Online Magazine Project to Trim Work Force

Yahoo chief exec Marissa Mayer has decided to close the company’s online magazine initiative, which was one of her signature projects. Yahoo notified editors and writers at 15 publications that they would be let go. The digital magazines covered topics such as autos, crafts, fashion, food, health, real estate, technology and travel — some of which will be folded into Yahoo News moving forward. Yahoo plans to continue some original content for areas including tech and fashion, but publications covering autos and food lost all their staff. Continue reading Yahoo Streamlines Online Magazine Project to Trim Work Force

Facebook Channels Realize Explosive Growth with Food Videos

Facebook hasn’t been promoting videos for that long, but it’s already found its killer content: food videos. Leading the pack is BuzzFeed’s Tasty channel on Facebook, which posts clips on such mouth-watering delights as “loaded cheese-stuffed mashed potato balls.” Launched July 31, Tasty generated more video views than anyone else on Facebook by October, according to analytics firm Tubular Labs. Coming in No. 2 was BuzzFeed again, which posts food videos galore on its main Facebook channel. Continue reading Facebook Channels Realize Explosive Growth with Food Videos

Verizon and Vice Partner to Provide New Mobile Video Service

Verizon Communications and Vice Media have formed a multiyear partnership to create a mobile-first video service, which will include: exclusive Vice shows that will only air on Verizon; Vice content on food, travel and technology; and a Vice original series called “Autobiographies,” which will spotlight and interview celebrities. Verizon’s new service reportedly will also include live National Football League games and other sporting events, as well as 200 hours of original and scripted series from AwesomenessTV. Continue reading Verizon and Vice Partner to Provide New Mobile Video Service

Survey Says Viewers Won’t Pay More Than $10 to Stream Movie

A survey by RBC Capital Markets found that consumers are not willing to pay any more than they already do to stream a movie on opening weekend. Eighty-seven percent of consumers will not pay more than $10 to stream a movie on the same day it is released in theaters. That’s bad news for Hollywood studios that are trying to make more money with same-day video-on-demand releases. Most of the survey respondents also said that a VOD release would have no effect on their choice to go to theaters. Continue reading Survey Says Viewers Won’t Pay More Than $10 to Stream Movie

Reserve, Pay and Eat: Tock’s Pre-Order Solution to Dining Out

The current model by which restaurants take reservations is susceptible to problems that can arise from late arrivals, long waits and even no-shows. That is the reason that entrepreneur Nick Kokonas and chef Grant Achatz have joined forces to create Tock, a reservations system built to resolve the issues that often lead to inefficiencies in restaurants. Intrigued by the benefits of pre-paying for meals and being issued tickets for seating, ex-Googler Brian Fitzpatrick now serves as the chief technology officer. Continue reading Reserve, Pay and Eat: Tock’s Pre-Order Solution to Dining Out

Amazon Expands its Offerings with Takeout & Delivery Service

Amazon is taking on the likes of DeliveryHero, GrubHub and Seamless with its new Takeout & Delivery, the latest service available to those in search of a convenient way to order food from local restaurants. A live version of the service recently launched in Seattle and other cities are expected to be added soon. Amazon’s Takeout & Delivery allows users to charge food orders to their existing Amazon accounts. It follows the success of Amazon’s door-to-door grocery delivery service, Amazon Fresh. Continue reading Amazon Expands its Offerings with Takeout & Delivery Service

Growth in Digital Video Ad Market, YouTube Maintains Lead

According to eMarketer, Google’s YouTube is projected to take in about $1.13 billion in video-advertising revenue this year, up 39 percent from $810 million in 2013. However, the digital video advertising segment in the U.S. is expanding (YouTube’s 18.9 percent share is down from 21.2 percent last year), and YouTube is not expected to increase its market share significantly over the next three years. YouTube is also somewhat limited in its ad potential due to the amount of user-generated and short content. Continue reading Growth in Digital Video Ad Market, YouTube Maintains Lead