Amazon is persisting in buying content to round out its service, with designs to take on Netflix Inc and other online digital media services. But that increasing spending has helped keep the company in the red, inviting criticism from investors.
Audible, the audiobooks service it bought in 2008 for $300 million, is picking up the 10-person company for an undisclosed sum. Audible founder and Chief Executive Donald Katz said in a statement on Monday the company had been attracted by Rooftop’s content as well as its pool of comic talent.
Rooftop records comedians at clubs across the country and licenses the digital rights to thousands of hours of comedy, which is broadcast either live or later on demand. The company’s media partners include Apple Inc and Yahoo, and it also works with streaming services such as Sirius XM, Spotify and Pandora.
Its content now becomes part of Audible, itself a fast-growing seller of online audiobooks, and vastly increases Rooftop’s audience, said Rooftop Chief Executive Officer Will Rogers.
Amazon is expected to continue acquiring digital content at a rapid clip. In past years, it began investing heavily to branch out from its online retail roots, delving into Hollywood-style content production as well as developing a line of tablets, smartphones and set-top boxes to accelerate the sale of digital content.
Pandora Media Inc, owners of the leading Internet radio service, reported a lower-than-expected increase in listeners in the third quarter, sending the company’s shares down 6 percent in extended trading on Thursday.
Pandora said it had 76.5 million active listeners as of Sept. 30, an increase of 5.2 percent from a year earlier.
Analysts, on average, had expected 76.7 million, according to market research firm StreetAccount.
Total listener hours rose to 4.99 billion from 3.99 billion, but again fell short of the average estimate of 5.02 billion.
Pandora’s profit and revenue both beat market expectations, however, as more people listened to streamed music on their mobile phones.
Mobile revenue increased 52 percent to $188 million, while local advertising revenue rose 118 percent to $41.8 million.
Despite its huge user base, Pandora faces stiff competition from Spotify, Apple Inc’s Beats online streaming service, Google Inc, and Amazon.com Inc in the fast-growing music streaming business.
Twitter Inc will allow users to play podcasts, music and other audio clips direct from their timelines, or message feeds, by using a new feature designed in partnership with Berlin-based audio-streaming service SoundCloud.
The online messaging service introduced what it dubbed “Audio Card,” through which users can listen to a variety of content whilst browsing their timelines.
For starters, Twitter has promised audio from SoundCloud’s partners, which include such diverse sources as NASA, the Washington Post, CNN, David Guetta, Coldplay and Warner Music.
But it’s trying to snag more content partners in future, Twitter said in a recent blog posting.
Twitter didn’t say how Audio Card might evolve, except to stress that it offers musicians a chance to post exclusive clips.
“Many more musical artists and creators will be able to share exclusive, in-the-moment audio to millions of listeners on Twitter,” the company added.
Twitter’s new feature comes after rivals from Apple Inc to Google Inc have jumped into the business of music-streaming, considered the fastest-growing segment of a music market dominated by iTunes.
Twitter had reportedly been in discussions to acquire audio-sharing website SoundCloud, which has been called the Youtube of music, as far back as June.
The move by Groupe BPCE, France’s second largest bank by customers, coincides with Twitter’s own foray into the world of online payments as the social network seeks new sources of revenue beyond advertising.
Twitter is racing other tech giants Apple and Facebook to get a foothold in new payment services for mobile phones or apps. They are collaborating and, in some cases, competing with banks and credit card issuers that have run the business for decades.
The bank said last month it was prepared to offer simple person-to-person money transfers via Twitter to French consumers, regardless of what bank they use, and without requiring the sender know the recipient’s banking details.
“(S-Money) offers Twitter users in France a new way to send each other money, irrespective of their bank and without having to enter the beneficiary’s bank details, with a simple tweet,” Nicolas Chatillon, chief executive of S-Money, BPCE’s mobile payments unit, said in the statement.
Payment by tweets will be managed via the bank’s S-Money service, which allows money transfers via text message and relies on the credit-card industry’s data security standards.
BPCE and Twitter declined to provide further details ahead of a news conference in Paris later today to unveil the service.
Last month, Twitter started trials of its own new service, dubbed “Twitter Buy”, to allow consumers to find and buy products on its social network.
The service embeds a “Twitter Buy” button inside tweets posted by more than two dozen stores, music artists and non-profits. Burberry, Home Depot, and musicians such as Pharrell and Megadeth are among the early vendors.
Twitter’s role to date has been to connect customers rather than processing payments or checking their identities.
The terms of the settlement were not being disclosed, a spokeswoman for Bose said in an email, adding only that the dispute had been “resolved.”
Bose, which makes high-end sound systems and headphones, filed the case last July in federal court in Delaware, alleging Beats had willfully infringed upon five of its patents in its Studio and Studio Wireless line of headphones.
Privately held Bose said it had lost profits and sales as a result and was seeking unspecified damages from Beats, which Apple Inc acquired this year for $3 billion.
A document filed with the court on Friday said both sides would dismiss the case and bear their own costs and legal fees.
The two companies also asked the International Trade Commission to suspend its investigation into the matter. Bose had asked the commission to block the import of Beats’ noise-cancellation products from China, where they are manufactured.
Beats headphones have become popular with music fans since the company was founded by rap mogul Dr. Dre and music producer Jimmy Iovine in 2006. Besides headphones, Beats has also entered online music streaming, competing with the likes of Pandora and Spotify.
A representative from Beats was not immediately available for comment.
The carrier had announced in July it would extend a practice it calls network optimization to unlimited LTE subscribers starting in October. Network optimization targets the top 5 percent of data users on the network when a cell site is under the heaviest demand, and slows down those users’ network performance. Verizon had already applied the practice to the top users of its 3G network.
“We’ve greatly valued the ongoing dialogue over the past several months concerning network optimization and we’ve decided not to move forward with the planned implementation of network optimization for 4G LTE customers on unlimited plans,” the carrier said in a statement on Wednesday. “Exceptional network service will always be our priority and we remain committed to working closely with industry stakeholders to manage broadband issues so that American consumers get the world-class mobile service they expect and value.”
U.S. Federal Communications Commission Chairman Tom Wheeler attacked the plan in a letter to Verizon, suggesting it was a ploy to get customers to switch from their unlimited plans to ones with a cap on monthly data usage. Verizon no longer sells new unlimited plans but allows subscribers with those plans to keep them.
“I know of no past Commission statement that would treat as ‘reasonable network management’ a decision to slow traffic to a user who has paid, after all, for ‘unlimited’ service,” Wheeler wrote in the late July letter to Verizon Wireless President and CEO Dan Mead.
Digital rights group Public Knowledge also attacked so-called data throttling, as well as practices by AT&T, Sprint and T-Mobile USA.
The showdown demonstrated the tension over increasing demand for mobile data, which carriers say puts a strain on their networks. Among other things, that demand has led operators to seek ever more spectrum and apply network management techniques they say are necessary to keep serving all subscribers well. Though LTE makes much more efficient use of the airwaves than 3G does, LTE networks are serving a rapidly growing number of subscribers.
The price for a standalone PlayStation TV (PS TV) is $99.99, the company wrote in a blog. For $139.99, customers can get a wireless controller, an 8 GB memory card and “The Lego Movie” videogame along with the PS TV.
Around 700 games will be available to PS TV users, including “Metal Gear Solid” and the franchise “Killzone: Mercenary”.
PS TV was released in Japan and other Asian countries under the name “PlayStation Vita TV” last fall. Sony is trying to expand its entertainment network services to compete against players like Amazon.com Inc.
Sony did not say when it will launch its online TV service.
The company signed a deal earlier this month to carry 22 Viacom Inc channels, including Comedy Central and MTV, on its planned online TV.
PlayStation boss Shaun Layden told tech blog Re/code in June the company was “on track” to unveil its product some time this year.
Sony’s web TV service will join the ranks of an already crowded market with devices from Apple Inc, Amazon.com Inc and Roku.
The staff of The Pirate Bay have been telling the world+dog how it uses a mix of servers to avoid detection and police raids. Speaking to Torrent Freak, the site said the site uses a series of virtual machines to fool companies into hosting the torrent site.
The Pirate Bay doesn’t own any physical servers. Rather, the site is spread across different commercial cloud hosting providers. Twenty-one “virtual machines” are scattered around the world and are used to handle different functions of the site. The Pirate Bay uses the virtual machines to break the site’s functions down onto different hosting platforms. The cloud hosting is split up amongst its virtual machines: eight web, six search, two database, one Linux virtual server as a load balancer, one stats and one handles proxy sites. Another runs torrents and another is the control.
The load balancer distributes the traffic to the virtual machines and masks what they are actually doing. Investigators can’t actually “see” where Pirate Bay’s web site actually is, and Pirate Bay can host its site on commercial cloud hosting servers without worrying about discovery.
The sophisticated hosting set-up means that if anything happens to one of the site’s hosting providers, the virtual machine can be quickly moved to another hosting company.
But cloud hosting means that The Pirate Bay is virtually raid-proof as there are no physical servers to seize. The underlying servers powering the virtual servers don’t know they’re hosting Pirate Bay — so it’s difficult for police to actually take the site down.
The change comes courtesy of an update to Facebook’s news feed algorithm announced Thursday, focused on giving users “more timely stories.” It affects posts both from users’ friends and from pages to which they’re connected.
Facebook wants more of its users to engage on the site when they might be watching the same sports game or TV show — something that already happens on Twitter — and then brush their posts under the carpet when the event is over or the topic fizzles out.
Facebook routinely tweaks its news feed algorithm, but this update has the potential to advance the company’s efforts in the area of news delivery. It’s a departure from the site’s roots as a means for solely keeping in touch with family and friends.
The update is built around two changes. First, posts that are related to trending topics will appear higher and faster in the feed, Facebook said. When a friend or a Page to which you’re connected posts about something that’s currently a hot topic of conversation on the site, the post is more likely to appear higher in the feed.
Facebook users can already get a sense of what’s popular on the site by looking at the “trending” topics section in the right-hand column, which Facebook rolled out earlier this year. On Thursday, some of the topics listed included Patriots quarterback Tom Brady, pop singer Gwen Stefani and the video game Final Fantasy XV.
Posts that aren’t as relevant to what’s hot, in other words, will get less priority.
Secondly, Facebook said it would be considering not just the number of likes that posts receive in determining their placement, but when people choose to like, comment and share. If a lot of people are interacting with a post right after it was posted, but the activity drops off a few hours later, “this suggests the post was most interesting at the time it was posted,” Facebook said. As a result, that post would get promoted higher early on and less later.
Twitter is trying out a new way for its users to purchase digital music and other products through the social networking application, with the goal of making mobile shopping easier, the company said in a blog post.
A “small percentage” of U.S. Twitter users will soon begin to see tweets that will include a “buy” button from some of the company’s partners, group product manager Tarun Jain wrote in the blog post published Monday. The percentage of Twitter users seeing the marketing tweets will grow over time, Jain wrote.
“This is an early step in our building functionality into Twitter to make shopping from mobile phones convenient and easy, hopefully even fun,” Jain wrote.
Twitter’s partners in the e-commerce effort include digital marketing companies Musictoday, Gumroad, Fancy and Stripe, Jain said.
The e-commerce test will include products from several musicians, including Brad Paisley, Eminem, Keith Urban, Megadeth, Pharrell Williams and Soundgarden. Other organizations featured will including Burberry, the Home Depot, the Nature Conservancy and DonorsChoose.
The Iconia Tab 8 W runs Windows on an Intel Atom Z3735G quad-core processor. It offers 8 hours of battery life, weighs 370 grams and is 9.75 millimeters thick. The 8-inch screen has a resolution of 1280 by 800 pixels.
For the $149 price tag, Acer includes a one-year subscription to the Personal version of Office 365, which includes access to Word, Excel, PowerPoint, OneNote and Outlook.
Android fans will prefer the Iconia One 8, running Android 4.4. It has the same Intel processor and screen dimensions as its Windows cousin, but is slightly lighter at 340 grams and only 8.5 millimeters thick.
Buyers can choose between 10 colors, including red, green, blue, purple and pink.
Acer also took the covers off the Iconia 10, an Android-based 10-inch tablet. The device has a quad-core processor from MediaTek. The screen is protected using Gorilla glass and has Full HD resolution. Using Dolby Digital Plus, surround sound is simulated from two-channel stereo audio headphones.
Available in black or white and with a price of $199, the Iconia Tab 10 includes a micro HDMI port and Wireless Display support for showing photos and videos on a bigger TV.
The first of the new tablets to start shipping will be the Iconia 10, available this month in the Americas and Europe, Middle East and Africa (EMEA).
The Iconia Tab 8 W will go on sale in October in EMEA and in November in the Americas.
YouTube appears to be readying a paid premium music service that would cost US$9.99 a month, called YouTube Music Key. Roughly a dozen purported screenshots of the service were recently published online on the blog Android Police, possibly showing how it would work. The images showed exclusive content such as remixes or cover songs, offline access to entire albums or concerts, and personalized playlists.
A YouTube spokesman declined to comment, but rumors of a paid music service from the Google-owned video site have been circulating for some time now. An earlier report in the Financial Times claimed YouTube was blocking or penalizing independent labels that were not signing up for the yet-to-launch paid service. Earlier this month, YouTube head Susan Wojcicki confirmed the company was working on some kind of subscription music service, in aRe/code interview.
So it looks likely that a premium version of YouTube just for music is on the way. The free version of YouTube works well for many right now, but a premium version might let Google monetize some new content and lead users to the company’s other digital media services.
The amount and diversity of content already available free on YouTube is massive, and the advertisements don’t interrupt the listening experience like those on Spotify or Pandora do. Plus, Google already offers Google Play All Access, a paid music service that syncs across devices and lets people listen offline, for $9.99 a month.
“Premium” might be the draw for a paid music service. The special content might include exclusive recordings of professional artists’ cover songs, or unreleased tracks similar to iTunes exclusives.
To do that, Google would probably have to strike new licensing deals with music labels. But if YouTube could convert just a tiny fraction of its billion-plus monthly users into paying customers, that might be a win for Google, argues Mark Mulligan, co-founder of the music and technology research firm Midia Consulting.
YouTube claims viewers watch more than 6 billion hours of video each month on its site — almost an hour for every person on Earth — and that 100 hours of video are uploaded every minute. That catalogue is peerless, Mulligan said, but Google probably wants to do more with it in order to take on streaming services like Spotify, Rdio or Beats Music.
“YouTube has the ability to offer so much more than anyone else, with video the killer component,” he said.
The vulnerability means that on the surface, it looks like the popups and advertisements are coming from the websites users are visiting, when they are actually coming from the fake Evernote web extension.
Researchers at the company discovered the vulnerability in a “multi-plug .PUP” file, which installs the fake Evernote browser extension.
A PUP file is one that has the .pup file extension and is most commonly associated with the Puppy Linux operating system. PUP files run when an installer program is opened on the user’s computer and they are similar to the installer.exe files that are used with Windows applications.
“A quick look shows the PUP is digitally signed by ‘Open Source Developer, Sergei Ivanovich Drozdov’, although the certificate has since been revoked by the Issuer. This serves as another reminder that you can’t always trust a program just because it’s digitally signed,” said Malwarebytes malware intelligence analyst Joshua Cannell.
“Clicking ‘Visit website’ directs the user to the Chrome webstore page for the actual Evernote Web extension,” Cannell added. “Chrome believes the real extension is installed, as verified by the Launch App button. When clicking this button with the fake extension installed, nothing happens, whereas normally the user is met with an Evernote login screen.”
Cannell explained that this is because the extension uses a content script to run in the context of the webpages a user browses.
“The content script is guaranteed to be loaded into every web page using the extension manifest (manifest.json). When visiting webpages, you’ll get a series of annoying advertisements, all leading to potentially more unwanted programs and offers,” he added.
To remove the extension, Chrome users need to visit the extensions tab in the browser and click the picture of a garbage can.
Evernote hit the headlines for its security concerns last year when it emerged that its network had been compromised by hackers.
The online note-taking service issued a password reset for all users after the discovery. It said that it “discovered and blocked” suspicious activity on its network, but claimed that no user data was compromised during the intrusion.
“In our security investigation, we have found no evidence that any of the content you store in Evernote was accessed, changed or lost,” Evernote said.
Chip-equipment maker Applied Materials has surprised most of the cocaine nose jobs of Wall Street with a better-than-expected third-quarter profit. It appears that contract manufacturers are spending more on technology used to make smartphone and memory chips.
The company also forecast current-quarter adjusted profit largely above analysts’ average estimate. Chief Executive Gary Dickerson said that demand for DRAM chips is expected to grow in the current quarter.
Applied Materials, which also provides equipment to make flat panel displays and solar cells, forecast an adjusted profit of 25-29 cents per share for the fourth quarter. Wall Street was expecting a profit of 26 cents per share.
Applied Materials expects revenue growth of about 10 to 17 percent, implying revenue of $2.19 billion to $2.33 billion for the quarter. Analysts on average were expecting $2.28 billion. Applied Materials’ net income rose to $301 millionin the third quarter ended July 27, from $168 milliona year earlier. Revenue rose 14.7 percent to $2.27 billion.
Revenue in the company’s silicon systems business, which brings in about two-thirds of total sales, rose 16 percent to $1.48 billion.
SMS Audio’s BioSport In-Ear Headphones, announced at an event will tell you. The headphones are good for people who work out as well as those who just want to check their heart rate, said Brian Nohe, president of SMS Audio, which was founded by rapper 50 Cent, who is the majority owner.
50 Cent, whose real name is Curtis Jackson, wanted headphones with top-quality audio, fit, form and functionality, Nohe said. The rapper, along with New York Knicks forward Carmelo Anthony, who is the minority owner of SMS, were scheduled to appear at the event.
The headphones have sensors to measure the heart rate of users, drawing power from a smartphone through an audio jack. No batteries are required. SMS Audio is using technology from Intel in the headphones.
“Open the box, plug it into your smartphone device and it works,” Nohe said.
The earphones will ship worldwide in the fourth quarter this year. The price will be announced later.
The headphones will work with RunKeeper, a popular Android and iOS fitness application that assembles and tracks fitness data.
“The general marketplace is ripe for having more products in this area,” Nohe said. “We understood what was happening with wearable technology and what was going on with biometrics.”
The engineering challenge for Intel was how to draw power and transfer data through an audio jack. Intel also had to figure out the frequencies at which to handle data transfers. The goal was to deliver accurate heart-rate readings.
“It’s a seemingly easy thing to explain, but hard to implement,” said Mike Bell, vice president and general manager of the New Devices Group at Intel.
Intel didn’t want to use Bluetooth or other wireless technologies to transfer data, Bell said. Those technologies would require batteries and not fit well within the small size of headphones.
“The best technology is invisible. It’s as much form as it is function,” Bell said. “That’s the road we’re going down.”
Beyond tracking heart rate, headphones could also be enabled to capture more health information, the executives said. Other opportunities are being explored by SMS Audio and Intel.
“You don’t start a strategic alliance and become a one-trick pony,” Nohe said.
The headphone space has gotten attention lately because of Apple’s $3 billion purchase of Beats Audio, founded by Dr. Dre and Jimmy Iovine.