New Selling Feature on Facebook Groups Similar to Craigslist

Facebook is launching a new feature in Facebook Groups that may finally take a bite out of Craigslist. The feature will enable users to post listings, find posts about items for sale and set pickup locations. The popular social network previously attempted to unseat the 20-year-old Craigslist in the classifieds business, but the venture never took off. Despite its crude appearance, Craigslist still gets 50 billion page views monthly in the U.S. alone because it already has so many users. Continue reading New Selling Feature on Facebook Groups Similar to Craigslist

Mortar Data Makes it Easier to Build Recommendation Engines

Mortar Data, a New York-based company known for building and hosting custom big data applications, recently announced the launch of a recommendation engine platform that allows anyone to build their own system, and use it with their own data, for free. Recommendation systems are becoming increasingly popular, and have become a gold mine for big companies such as Pandora and Netflix, which use the services to make recommendations based on customer history. Continue reading Mortar Data Makes it Easier to Build Recommendation Engines

Facebook Plans to Launch its Long-Awaited Mobile Ad Network

Facebook is expected to launch its mobile advertising network during the F8 developer conference in San Francisco at the end of this month. Facebook plans to leverage its massive user information database for better ad targeting, and will pitch the ads to publishers and developers. The social giant will also benefit from expanding its ad reach, and will allow the company to profit from its over 1 billion users even when they are not on the site itself. Continue reading Facebook Plans to Launch its Long-Awaited Mobile Ad Network

Israeli Startup StoreDot Can Charge Your Phone in 30 Seconds

Tel Aviv-based startup StoreDot has unveiled a prototype of a mobile phone charger that can reportedly charge a dead phone’s battery to 100 percent in a mere 30 seconds. StoreDot was created by members of the nanotechnology department at Tel Aviv University. The current prototype, about the size of a laptop charger, is compatible with the Samsung Galaxy 4. The company has plans to reduce the device’s size and expand to other smartphones when the $30 charger becomes available in late 2016. Continue reading Israeli Startup StoreDot Can Charge Your Phone in 30 Seconds

Apple to Integrate Sound Recognition App Shazam into iOS 8

Apple is planning to include a song discovery feature in the newest update of iOS, which will allow users to identify songs and artists with their iPad or iPhone. Apple is working with Shazam, an app that can quickly recognize a song by collecting sound from the device’s microphone and matching it with an extensive song database. Apple hopes the feature will help encourage download sales. Although iTunes is the world’s largest music seller, sales have decreased dramatically in recent years.  Continue reading Apple to Integrate Sound Recognition App Shazam into iOS 8

Gogo Plans Satellite In-Flight Internet Service with 70Mbps Link

Gogo recently announced it will add satellite to its ground-to-air service in the hopes of increasing speeds of its in-flight Internet networks. The satellite connectivity network will give more support for international flights, including Internet access while flying over the open ocean. The new service is called 2Ku, and plans to offer a 70Mbps downlink connection using a new high-gain antenna design. This is expected to make Gogo’s in-flight service excel at twice the performance of its competitors. Continue reading Gogo Plans Satellite In-Flight Internet Service with 70Mbps Link

Will Networks Consider Cable or OTT Service to Combat Aereo?

CBS Chief Executive Officer Les Moonves said the network would consider launching its own over-the-top streaming TV service with other leading television networks if the Supreme Court rules that New York-based startup Aereo is allowed to continue reselling broadcast programming over the Internet without permission. The Supreme Court is expected to rule on the Aereo case later this year. “We are going to win either way,” Moonves said. Continue reading Will Networks Consider Cable or OTT Service to Combat Aereo?

Value Providers Show Impressive 4K TVs at Reasonable Prices

The speed of CE technology adoption may be getting an impressive jolt in a potentially unprecedented reversal. From video screens developed as house brands and partnerships of glass and panel producers, we saw a surprising number of quality Ultra HD TV sets at CES scheduled for reasonable price points. Seiki and Polaroid both showcased sub-$1,000 4K TVs, while companies such as Vizio were promising “consumer-friendly” prices for 4K sets launching this year. Continue reading Value Providers Show Impressive 4K TVs at Reasonable Prices

Intel Looking to Sell Online Pay TV Service for $500 Million

Intel is reportedly asking about $500 million for its OnCue service, which the chipmaker developed before making the decision to no longer pursue its online pay TV ambitions. The company is looking to secure a sale by the end of the year, according to inside sources. Verizon, which has been talking with broadcast and cable channels regarding terms for a streaming TV service, is believed to be one potential suitor. Intel has also met with Samsung and Liberty Global. Continue reading Intel Looking to Sell Online Pay TV Service for $500 Million

Microsoft Sells One Million Xbox One Consoles on First Day

We recently reported that Sony’s PlayStation 4 sold more than one million units in its first 24 hours of availability. Now, Microsoft has made the same claim with the launch of its Xbox One console on November 22. While the sales figures set a new record for Microsoft, easily defeating first day sales of its Xbox 360, the Xbox One launched in 11 more countries than the PS4. Both companies are expected to sell 3 million units by the end of the year. Continue reading Microsoft Sells One Million Xbox One Consoles on First Day

Cable Operator Comcast Has Plans to Sell Hollywood Movies

Sources confirm that Comcast, the nation’s largest cable operator with nearly 22 million video subscribers, plans to expand from renting to selling major studio movies directly through its cable boxes by the end of the year. Comcast will join streaming services such as iTunes and Vudu in offering the option to purchase titles in an evolving new window known as “early EST.” While viewers typically pay about $5 to rent a movie through VOD, digital purchases run $15-$20. Continue reading Cable Operator Comcast Has Plans to Sell Hollywood Movies

BlackBerry Calls Off Company Sale, CEO Heins to Step Down

BlackBerry announced yesterday that it will abandon a sale of the company, following two months of talks with potential buyers including Facebook, Lenovo and private equity firms. Instead, the struggling smartphone maker plans to raise $1 billion by issuing convertible notes to long-term investors including Fairfax Financial Holdings, the company’s largest shareholder. Additionally, BlackBerry said CEO Thorsten Heins will step down. The news resulted in a 16 percent drop in share price. Continue reading BlackBerry Calls Off Company Sale, CEO Heins to Step Down