Microsoft, Google, Apple Unite Behind Passwordless Logins

Apple, Google and Microsoft have joined forces in a rare intercorporate collaboration to create passwordless sign-in technology that relies on smartphones to sign-in. The tech giants announced last week that they are coordinating support for the passwordless sign-in standard, developed by the World Wide Web Consortium (W3C) and the FIDO (Fast Identity Online) Alliance. As a result, by the end of the year users of any of the three operating systems should be able to sign-in to any app or website when using supporting browsers from their nearby device. Continue reading Microsoft, Google, Apple Unite Behind Passwordless Logins

Twitter Announces Deals with FOX Sports and NBCUniversal

Twitter has entered into a deal with FOX Sports, which will create and distribute exclusive content on the social platform for all upcoming FIFA World Cup Qatar 2022 and FIFA Women’s World Cup Australia & New Zealand 2023 tournaments. Appearing at the IAB NewFronts this week, Twitter also talked-up new and expanded deals with media partners NBCUniversal, E! News, Condé Nast, Essence and Sean “Diddy” Combs’ Revolt Media. The NewFronts announcements are important for Twitter, which accepted a buyout offer by Elon Musk that has some advertisers worried. Continue reading Twitter Announces Deals with FOX Sports and NBCUniversal

TikTok ‘Pulse’ Pairs Advertising with Top-Performing Videos

Social video platform TikTok has unveiled a new advertising solution that allows brands to place their messages next to the top content in TikTok’s For You feed. The contextual ad solution, TikTok Pulse, is the first to allow TikTok creators a chance to share ad revenue. The program initially makes publishers, public figures and creators with 100,000 or more followers whose videos are in the top 4 percent eligible for a 50/50 ad revenue split. Pulse launches in the U.S. in June, with plans to roll out to additional markets in the fall. Continue reading TikTok ‘Pulse’ Pairs Advertising with Top-Performing Videos

Spotify Island a Destination for Music and Quests on Roblox

Spotify says it’s the first music-streaming brand to have a presence on Roblox with the introduction of “Spotify Island,” described as “a paradise of sound” where fans and artists around the world can hang out together, explore music, go on adventures and access exclusive merchandise. Virtual beat-maker stations powered by Spotify’s Soundtrap service will enable users to “enjoy an immersive audio experience by creating music and exploring sounds.” “Spotify Island” will feature “musical Easter eggs at every turn” and allow users to “climb to the top of ‘The Charts’ by collecting points,” the company says. Continue reading Spotify Island a Destination for Music and Quests on Roblox

Paramount Global’s Streaming Subs Exceed 62 Million in Q1

Paramount Global’s worldwide streaming subscribers for Paramount+ and Showtime rose to more than 62 million in Q1, driven by Paramount+, which added 6.8 million for a total of close to 40 million, the company said in its earnings report. Paramount+ is poised to add the United Kingdom and South Korea to its global portfolio next month, Paramount Global CEO Bob Bakish told investors Tuesday. Paramount+ plans to launch in Italy, Germany, France and Austria in the second half of 2022, and in India next year. Pluto TV also grew, launching over 102 new channels internationally, totaling more than 1,000 global channels. Continue reading Paramount Global’s Streaming Subs Exceed 62 Million in Q1

Snap Teams with Cameo and Introduces Its New Ad Initiative

Appearing at the NewFronts, Snap unveiled a new program in conjunction with celebrity greeting app Cameo as well as a new advertising initiative called Snap Promote and some new original programs. Snapchat creators will have the opportunity to team on short-form video ads with the 45,000-plus actors, athletes, musicians and influencers. The new Snap x Cameo Advertiser Program venture — an expansion of the Creator Marketplace Snap launched last year to increase monetization opportunities — was created by Cameo for Business and built by Snap. Continue reading Snap Teams with Cameo and Introduces Its New Ad Initiative

Peacock Announces Next-Day Bravo Shows, Lionsgate Films

Peacock premium subscribers will have streaming access to Bravo shows the day after they air on the NBCUniversal sister service, which has also secured a multiyear output deal with Lionsgate for movies that will begin streaming in 2024. “Bravo fans have another reason to celebrate” in addition to the recent news that BravoCon is returning to New York City this October, NBCUniversal touted. Starting this week, new seasons of Bravo hits “The Real Housewives of Atlanta,” “Top Chef” and “Below Deck” will be available on Peacock the day after air. Continue reading Peacock Announces Next-Day Bravo Shows, Lionsgate Films

EU Hits Apple with Antitrust Objections Over Mobile Payments

European regulators on Monday hit Apple with an antitrust charge, alleging it has created a “closed system” for contactless mobile payments. The so-called statement of objections says the iPhone maker has abused its market power by favoring its Apple Pay for mobile contactless payments to the detriment of third-party services like PayPal, which reportedly helped initiate the charges. The European Commission says it has reason to believe Apple withheld access to its NFC inputs in order to suppress other mobile-wallet app developers from competing with Apple Pay, which the Commission called “a closed ecosystem.” Continue reading EU Hits Apple with Antitrust Objections Over Mobile Payments

Wall Street Begins Dabbling in Crypto While Some Hang Back

Wall Street is warming up to cryptocurrencies. Large banks and other financial institutions have been staffing departments ready to serve clients’ blockchain needs. Hedge funds and professional investment outfits led the way, with many mutual funds and pension managers now following along, lest they be perceived as out of touch. Some say the involvement of traditional investment sectors could add some stability to the often-volatile crypto markets, whose ongoing viability is hardly assured. Although Coinbase CEO Brian Armstrong thinks it is, predicting that at least one billion people will have tried crypto within a decade. Continue reading Wall Street Begins Dabbling in Crypto While Some Hang Back

Streaming Battle in Asia as Locals Compete for Market Share

A strong showing by Netflix in Asia amidst an otherwise lackluster Q1 report has focused attention on the region, where streaming is just coming into its own in territories that house roughly half the global population. There are still potentially hundreds of millions of untapped subscribers in the Far East. But the area has its own challenges, namely local streaming services that offer a wide variety of regional content. Not to mention deep-pocketed domestic rivals, including Disney+ and Amazon Prime Video are also competing for market share. Continue reading Streaming Battle in Asia as Locals Compete for Market Share

Apple Eyes the Modem Chip Market Dominated by Qualcomm

Apple is reportedly poised to compete in the modem market. The company is said to be laying the groundwork to create chips that control the Internet connectivity of its mobile devices, including the iPhone, iPad and Apple Watch. In theory, the move paves the way for an always-on future where smart glasses and augmented reality achieve ubiquity, and iPhones and other Apple mobile devices have faster download and streaming speeds. Observers say Cupertino’s high bar to entry means creating a chip that outperforms those made by Qualcomm, current manufacturer of Apple’s connectivity chips. Continue reading Apple Eyes the Modem Chip Market Dominated by Qualcomm

Arm Grows IoT Kit with New Controller, Tools for Voice, Edge

Arm Holdings is flexing its muscle in the Internet of Things, with three new solutions, including the Cortex-M85 microcontroller, designed for high-performance edge computing. Also introduced are the Arm Total Solution for Cloud Native Edge Devices, which paves the way for developers using Linux, and the Arm Total Solution for Voice Recognition. The announcements further the goals the UK-based company set six months ago when it launched its Total Solutions for IoT division, aiming to accelerate IoT development through full-stack solutions. Continue reading Arm Grows IoT Kit with New Controller, Tools for Voice, Edge

Cloud, Virtual Production Power New Workflows at NAB Show

Cloud computing and virtual production were the hot tickets at NAB 2022, where attendance was 52,468, down 40 percent since the previous most recent live show in 2019, when 91,500 convened in Las Vegas. And there were fewer exhibitors (about 900 vs. roughly 1,600 three years ago). But some things never change. Amazon Web Services, ARRI, Blackmagic, Quasar Science and Mo-Sys were among the notable companies touting cloud-based and virtual production solutions. And Sony Electronics wowed the crowd with a sprawling booth that featured its new Venice 2 digital cinema camera. Continue reading Cloud, Virtual Production Power New Workflows at NAB Show

Apple Reports Record $97 Billion Quarter but Somber Outlook

Apple’s fiscal Q2 was one of the best quarters in its 46 years of business. The company reported record revenue of $97.3 billion, up 9 percent year-over-year, far outperforming analyst expectations of $94 billion. More than $28 billion in operating cash flow and a return of nearly $27 billion to Apple shareholders resulted in the January through March period. But Apple warned that the outlook could dim in the current quarter, with China’s COVID-19 resurgence threatening to slow manufacturing, stymying sales by anywhere from $4 billion to $8 billion in fiscal Q3. Continue reading Apple Reports Record $97 Billion Quarter but Somber Outlook

Amazon’s $3.8 Billon Quarterly Loss Is Its First in Seven Years

Electric vehicle maker Rivian, which produced almost $12 billion in profit for Amazon last year, cratered in the January through March period, prompting the retail giant to record a $7.6 billion loss on the investment. Overall, Amazon posted a $3.8 billion quarterly loss, its first in seven years and a contrast to profit of $8.1 billion during the same period in 2021. A 7 percent increase in quarterly revenue marked the tech giant’s most anemic performance in 20 years, as consumers adopted post-pandemic habits and resumed in-store shopping. Continue reading Amazon’s $3.8 Billon Quarterly Loss Is Its First in Seven Years