Apple is in talks with banks to develop a new payment service to allow an iPhone user to send money to another iPhone user, most likely bypassing Visa and MasterCard by working directly with banks. The talks are at an early stage and no one involved would comment on the evolution of the plan. But multiple sources confirm Apple’s talks with the country’s largest banks and that the company is serious about moving forward. Unknown is whether credit card companies are engaging Apple or waiting for the company to contact them. Continue reading Apple in Talks with Banks About New Money-Transfer System

Shopify — known for helping small businesses create e-commerce websites — has launched a new mobile app called Sello that joins a crowded field of peer-to-peer commerce efforts. Sello resembles Instagram and provides easy-to-use functionality for individuals and small businesses to sell products online. It is free to list items, but the Sello app collects a 3 percent fee for each transaction. Sellers simply post a product photo and description, list payment and shipping options, and specify a choice of social platforms, such as Facebook, Pinterest or Twitter. Continue reading Shopify’s New Mobile App is Like Instagram for Classified Ads

After a year in beta testing, YouTube Music is finally available for Android and iOS. The app — meant to compete with streaming music offerings such as Apple Music, Pandora, Rdio, Spotify and Tidal — emphasizes music videos and amateur recordings. YouTube’s catalog of 50 million songs does not mean a video for every song, since the collection mixes video, audio-only, fan covers, emerging indie artists and much more. Discovery continues to be the underlying focus, and each song is connected to an auto-generated station of related songs. YouTube Music also blends human and algorithmic curation, similar to Apple Music’s approach. Continue reading YouTube Music Aims Spotlight on Personalization, Discovery

Apple’s new iPad Pro is the company’s biggest, priciest tablet and the first aimed squarely at enterprise users. The company says it’s pitting the iPad Pro against laptops, not other tablets, but it almost immediately draws comparisons with Microsoft’s Surface, that company’s business-focused tablet. Apple has not typically targeted the enterprise market, but this new focus is driven by the need to bolster revenues in light of declining iPhone revenues. Sales of the iPad have also declined since the 2013 peak of 71 million units. Continue reading Apple Goes After Enterprise With High-End, Pricier iPad Pro

Ericsson and Cisco Systems, leaders in mobile and Internet equipment respectively, are forming an alliance to beat back the competition, enjoy synergies in the mobile market and target the growing fields of Internet of Things and 5G. The alliance isn’t a merger, but in many ways acts like one: Ericsson and Cisco plan to integrate their existing equipment, combine some sales and consulting areas and perhaps develop new hardware and services. Competitors include Chinese company Huawei and Nokia, which just bought Alcatel-Lucent. Continue reading New Ericsson, Cisco Alliance to Impact Internet of Things, 5G

Though LeTV is little known in the U.S., that’s about to change. The Chinese online video and consumer electronics behemoth, which posted an estimated $1.6 billion in revenue last year, is about to introduce U.S. consumers to its Android-based smartphone, a bike with an integrated GPS device, smart TVs with voice control, a 4K video streaming box and a VR headset. The company plans to initially focus on the 3 million Chinese speakers in the U.S. but has also inked a two-picture deal with “Lion King” director Rob Minkoff. Continue reading China’s LeTV Brings VR Headset, Smart TV, More to the U.S.

YouTube is introducing 360-degree VR videos as well as a virtual movie theater for all YouTube videos. Anyone with a Google Cardboard headset and the Android app can begin viewing the ten or so VR videos that YouTube produced; the iOS app is coming soon. YouTube’s VR features come just before The New York Times ships 1.3 million Google Cardboard sets and its own VR documentary, “The Displaced.” YouTube’s assertive move into VR is widely seen as a way to stay a step ahead of the competition, Facebook in particular. Continue reading YouTube Democratizes VR, Stays a Step Ahead of Competition

Apple is introducing 4K Retina screens for its 21.5-inch iMacs and 5K resolution for its 27-inch iMacs. Displays also tout a 25 percent increase in color gamut. Larger iMacs will feature enhanced graphics capabilities and Intel’s new Skylake processor. And now that the iPhone 6s and 6s Plus offerings include the ability to record 4K video, an updated iMovie supports 4K footage and 1080p HD video at 60 fps. The company has also redesigned its Magic line of keyboards, mice and trackpads to include new features, including the ability to recharge batteries with the same Lightning plug used by the iPhone. Continue reading Apple Goes All Retina with iMac Displays, Updates Peripherals

Roku officially revealed the Roku 4, priced at $129.99, which supports 4K/Ultra HD and HDTVs, and features a new operating system, faster processor, improved Wi-Fi and more memory. Roku OS 7 improves users’ ability to discover specific content among its 3,000+ apps and channels. The company also unveiled an updated mobile app, which offers a streamlined design for Search, the Roku Feed and remote control from the smartphone. The Roku 4 joins several upgraded connected players from Amazon, Apple, Google and TiVo. Continue reading Roku 4 Media Player Delivers 4K Streaming, Discovery Updates

E-commerce giant Amazon launched a new delivery system this week called Amazon Flex. The Uber-like model offers individuals with their own vehicles and an Android smartphone the opportunity to deliver packages for $18-25 per hour. Drivers have the option of two-, four- or eight-hour shifts. In addition to a car and an Android phone for managing deliveries with the Flex app, drivers must be over 21 and pass a background check. The new system, initially rumored back in June, works with Amazon’s Prime Now service, which offers members one- and two-hour delivery on items. Continue reading Amazon Enters the Gig Economy with “Flex” Delivery Service

During Oculus Connect in Hollywood yesterday, Facebook’s virtual reality developer conference, Samsung SVP Peter Koo announced that the new Gear VR headset co-developed by Oculus and Samsung will ship in November, in time for Black Friday, for $99. Consumers can expect a lighter, more comfortable Samsung Gear VR that is compatible with smartphones including the Galaxy Note 5, Galaxy S6 Edge+, Galaxy S6 and Galaxy S6 Edge. The previous $200 version for developers was only compatible with the Note 4 and Galaxy S6. Continue reading Consumer Edition of Samsung Gear VR to Arrive Black Friday

Amazon took a $170 million write down in October, largely due to its Fire smartphone, which was priced the same as the iPhone, a fact that drew strong criticism. Despite offering a free year of Prime membership and steep price cuts, the Amazon Fire failed to gain traction. Now, taking that lesson to heart, Amazon will release, in time for the holidays, a $50 tablet, making it one of the least expensive such devices on the market. Experts wonder if the compromises required to achieve that price will leave consumers dissatisfied. Continue reading Amazon’s New $50 Tablet a 180-Turn From Pricey Fire Phone

In 2013, the interactive music video for Bob Dylan’s “Like a Rolling Stone” (directed by Vania Heymann) signaled a new wave of interest in interactive video. Although interactive media has been around for a long time, enthusiasts say that interactivity is now ready to make bigger inroads in entertainment and advertising. Web-based standards means that interactive videos can play across multiple platforms; it’s a way to differentiate content in a crowded market and, most importantly, click-through rates are impressive. Continue reading Startups Promote Interactive Video for Next-Gen Storytelling

In 2016, Aerosense, jointly owned by Sony and robotics firm ZMP, plans to launch a commercial drone service targeting construction, logistics and agriculture industries. A prototype of an airplane-shaped drone was unveiled this week. The drones, which will be capable of capturing HD images and transmitting them to the cloud, will rely in part on the mobile phone and digital camera technologies developed for Sony’s Xperia smartphones. Analysts believe the unmanned aircraft industry may be worth $82 billion in the U.S. by 2025. Continue reading Sony and ZMP Team Up to Offer Commercial Drone Services

Amazon announced it will sell its Amazon Echo device with office supply chain Staples; however, it will only be available online. The Echo, a voice-activated speaker with the ability to answer questions, dim lights, and play music and more will be available for $179.99. The decision to sell the product through a third party has received mixed feedback, because the device still lacks a retail presence. While Staples carries Kindles, Fire TV and the Fire tablet, the Echo will not be showcased in stores. Continue reading Amazon Offers Echo Through Staples, But Exclusively Online