Google is attempting to create a new standard for the Internet of Things that will enable people to use any smart device without having to download a mobile app first. The project is called “The Physical Web,” and it is led by interaction and UX designer Scott Jenson. He envisions a world in which people can walk up to vending machines, bus stops, and future smart devices and use them immediately without apps. The new standard would be open to all companies manufacturing smart devices. Continue reading Google Starts Project to Develop App-Less Internet of Things

In an era of system hacks becoming more common, JP Morgan is the latest to report a massive breach of customer information. While the company believed a few weeks ago that only one million accounts were affected, it now reports that 76 million households and 8 million small businesses were part of the data breach. While recent breaches have largely involved retailers, some analysts are more concerned about the JP Morgan case, especially since banks tend to have more sensitive data about their customers. Continue reading Why Analysts Are Concerned About the JP Morgan Data Breach

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

In a 57-page decision issued this week, a New York federal judge ruled against music streaming service Grooveshark in a copyright infringement case. The judge ruled that the service’s parent company, Escape Media Group, and co-founders Samuel Tarantino and Josh Greenberg, had uploaded almost 6,000 songs without licenses, and urged their employees to do the same. Meanwhile, a California judge ruled in favor of musicians Flo & Eddie in a suit against SiriusXM, and now the duo is taking on Pandora. Continue reading Music Industry: Rulings Could Have Long-Term Consequences

Last week we reported that a bug called “Shellshock” had been identified as a potentially dangerous security flaw in the Bash software that appears in more than 70 percent of devices connected to the Internet. While initial reports have suggested that Linux and OS X systems are anticipated to be particularly vulnerable, Apple released a statement claiming that there is no need to panic. “The vast majority of OS X users are not at risk to recently reported Bash vulnerabilities,” said Apple. Continue reading Apple Claims that Most OS X Users Are Safe from Shellshock

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

According to a KPMG study, Hollywood is now offering more content through legal digital venues than ever before. As of the end of 2013, 94 percent of the 808 top films analyzed by KPMG were available legally for U.S. consumers through online VOD services, while 85 percent of the 724 most popular and critically acclaimed TV shows were also available. In related news, the amount of Netflix streaming video has grown 350 percent in the last 10 quarters, and now averages 93.2 minutes per subscriber daily. Continue reading Study: More Top Movies and TV Shows Available Legally Online

YouTube is now considered by many consumers to be the leading online resource for watching TV shows. According to research from Frank N. Magid Associates, which polled 2,400 people about online sources they use to watch shows, 38 percent of respondents pointed to YouTube. Netflix held second at 33 percent, followed by Hulu at 17 percent and Amazon Prime Instant Video at 14 percent. The study learned that the number of people who watch video online daily has increased 10 points to 32 percent in two years. Continue reading Growing Number of Viewers Turn to YouTube for TV and Movies

Microsoft announced its Wireless Display Adapter yesterday, a $60 device that will allow Windows and Android users to wirelessly send content from a variety of screens to any displays that feature an HDMI input. For example, users will have the ability to send what they are watching on a tablet, smartphone or laptop to a TV screen or projector. The dongle could also turn an HDMI-equipped TV into a Miracast receiver, which may spark competition with Google’s Chromecast and Roku’s Streaming Stick. Continue reading Microsoft TV Dongle Could Be Much Needed Boost for Miracast

AT&T is introducing a new Internet TV bundle that offers U-verse high speed Internet, U-verse TV, HBO, and a year-long subscription to Amazon Prime. The bundle is priced at an introductory rate of $39 per month. This move is part of AT&T’s strategy to lure cord-cutters who unbundle their expensive cable packages to opt for more online steaming options. AT&T’s partnership with Amazon Prime also shows the company’s interest in expanding its content offerings. Continue reading New AT&T Internet and Cable Plan Includes Free Amazon Prime

Otter Media announced yesterday that it has taken a majority stake in Fullscreen in a deal that values the digital media company at about $200-$300 million. Otter Media is a joint venture between AT&T and The Chernin Group. Fullscreen connects popular online personalities — such as YouTube stars Connor Franta, the Fine Brothers, and Our2ndLife — with brands interested in reaching an audience under 30 that is increasingly looking online for entertainment. Continue reading The Chernin Group and AT&T Take Majority Stake in Fullscreen

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

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

With Google’s vast resources, Nest CEO Tony Fadell is hoping to bring home appliances and consumer electronics together in a new line of sleek connected home devices. The plan is to develop a line of smart refrigerators, TVs, light bulbs, thermostats, smoke alarms, and security cameras that can all interact with each other. In typical Google fashion, Nest wants anybody to be able to connect to their hardware, so they released a developer program for other companies. Continue reading Nest and Google are Aiming to Design Smarter Home Devices

Social news and entertainment site Reddit was one of the most shared channels linking to controversial celebrity photographs reportedly hacked from iCloud accounts. In the six days prior to Reddit’s removal of the photos, the site earned enough revenue to run its servers for a month. This is based solely on Reddit Gold, and does not include ad revenue from the quarter billion page views. As Reddit seeks a new round of investments, the site’s belated removal of the page is not considered a coincidence. Continue reading Reddit Earns Significant Revenue During Celeb Photo Scandal