NSA Turns to Web Images for Facial Recognition Programs

According to top-secret 2011 documents released by Edward Snowden, the NSA is collecting online images of people for its facial recognition programs. As estimated in the documents, the agency intercepts about 55,000 images that have facial-recognition quality. Civil liberties advocates are concerned that these technologies could result in an invasion of privacy. However, neither privacy nor surveillance laws protect against the government’s use of facial images. Continue reading NSA Turns to Web Images for Facial Recognition Programs

Facebook Could Expand into E-Money Mobile-Payments System

Facebook is preparing to provide remittances and electronic money in an effort to extend non-ad revenue. The company applied for an e-money license in Ireland that would allow users to store and exchange money through its social network. Facebook would generate revenue by charging commission for each transaction. At least three London startups — TransferWise, Moni Technologies and Azimo — have discussed potential partnerships with Facebook regarding financial services. Continue reading Facebook Could Expand into E-Money Mobile-Payments System

Prime Focus Technologies to Acquire DAX in $12.5 Million Deal

Prime Focus Technologies (PFT) has agreed to acquire DAX in a deal valued at nearly $12.5 million. PFT is known for CLEAR, its cloud-based content and workflow management platform, while Culver City-based DAX develops media asset management applications and cloud-based production software, including the Emmy-winning Digital Dailies. DAX is actively engaged in the ETC’s Cloud Project, sharing both expertise and development resources. Continue reading Prime Focus Technologies to Acquire DAX in $12.5 Million Deal

Apple Builds New Networks to Boost its Internet Infrastructure

Apple is quietly building new networks, part of an expanded Internet infrastructure capable of delivering large amounts of content to customers, while providing Apple with more control over distributing its online offerings. It will also lay the groundwork for handling more traffic should the company decide to move deeper into television. Apple has been moving in this direction for a while, since the inception of its iCloud service and in response to rising sales of media via iTunes and the App Store. Continue reading Apple Builds New Networks to Boost its Internet Infrastructure

Young Car Buyers Are Influenced More by Price Than New Tech

While automobile manufacturers are increasingly integrating new infotainment and connected technologies to vehicles, younger buyers remain more concerned with economics than the latest tech advancements. The majority of this target market often cannot afford to spend extra money for new features. The most important factors in choosing a car for young buyers tends to be fuel economy and price. Many young buyers are purchasing used cars, rather than new models with updated technology. Continue reading Young Car Buyers Are Influenced More by Price Than New Tech

Mobile Broadband Subs Approaching Two Billion Worldwide

According to figures released yesterday by the International Telecommunications Union, mobile broadband accessed by tablets and smartphones is the fastest growing segment of the global information and communication technologies market. ITU’s “Measuring the Information Society” report found declining prices for mobile and fixed broadband services in addition to “unprecedented adoption of 3G,” with the number of worldwide mobile broadband subscriptions approaching two billion. Continue reading Mobile Broadband Subs Approaching Two Billion Worldwide

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

General Electric Licenses Patents to Quirky Community

On Wednesday, General Electric announced a partnership with Quirky, a New York-based startup that acts as a kind of social network for inventors. This makes sense for GE as it continues making its push into the so-called Internet of Things, which encompasses various types of devices connected to the Internet – all of which combine to create a constant stream of data regarding how they operate together. Continue reading General Electric Licenses Patents to Quirky Community