In 2012, Microsoft invested $300 million in Barnes & Noble’s Nook division, a deal which valued the Nook business at $1.7 billion. The plan was for Microsoft to continue investing, while Barnes & Noble would create content for Microsoft products. Since the initial deal, the Nook business has lost more than half its value (revenue fell 41 percent in the most recent quarter compared to last year). Yesterday, the two companies ended the partnership, with Barnes & Noble buying out Microsoft for $120 million. Continue reading Barnes & Noble and Microsoft Conclude Their Nook Partnership

StoryTech Managing Partner Lori Schwartz moderated a CES 2015 webcast “Know Before You Go” on December 3rd. Industry experts discussed key trends they expect to see at January’s International CES in Las Vegas — from emerging areas such as immersive gaming, virtual reality and wearables to the infrastructure, platforms, and applications of a variety of compelling new products. Topics of the webcast centered on digital disruption, personalization, Big Data, the Internet of Things, and much more. Continue reading Know Before You Go: StoryTech Offers Preview of CES 2015

VRLA #4 will be held on Saturday, December 13 at House of Moves in Marina Del Rey. VRLA is a meetup that brings together thought leaders in virtual reality, augmented reality and immersive entertainment. The last event included more than 30 exhibitors, 7 presentations, and 650 attendees. VRLA #4 promises dynamic panel discussions and 43 exhibitors including VR leaders such as CastAR, Control VR, Epic Games, High Fidelity, Jaunt, Samsung and Sixense. For more information, or to purchase tickets, visit the Eventbrite page.

According to Adobe’s 2014 Digital Index Online Shopping data, 29 percent of online sales on Thanksgiving Day and 27 percent on Black Friday took place via smartphones or tablets (led by iOS shoppers). New online sales records were set for both days, while Singles’ Day also set a new record and could surpass Cyber Monday this time around. Meanwhile, the CEA reports that consumers are purchasing more TVs, thanks in part to more affordable UHD offerings. Continue reading More U.S. Shoppers Turn to Mobile Devices for Holiday Deals

Verizon now says it will not sue the Federal Communications Commission over net neutrality rules as long as broadband providers are not reclassified as utilities. However, Verizon did sue the FCC (and won) the last time net neutrality rules were introduced, which is one reason the FCC is presently considering reclassifying broadband. “We are going to be sued,” said FCC Chairman Tom Wheeler last week. In response, Verizon EVP Randal Milch e-mailed that Verizon would not sue if the FCC uses Section 706. Continue reading Verizon Will Not Sue FCC Over Net Neutrality, Despite History

Idaho-based Rohinni is aiming to reinvent ultrathin LED lighting with its Lightpaper technology, which essentially prints lighting and applies it to almost any surface. Lightpaper mixes ink and tiny LEDs and then prints them on a conductive layer, which is positioned between two other layers and sealed. When current runs through the tiny diodes (about the size of a blood cell), they light up. Rohinni envisions the tech being used for everything from illuminated logos on CE devices to vehicle headlights. Continue reading Rohinni Develops Printable Lighting with Ultrathin Lightpaper

VSN Mobil has begun shipping its $399 V.360, billed as “the first device to capture 360 degrees of video or still images with a 4K/16 megapixel imager in full 1080p high definition.” The camera, currently available via Amazon and VSN Mobil’s store, could become the GoPro of panoramic video, an emerging market sector growing in popularity amongst manufacturers. The V.360 joins a variety of panoramic offerings, including the 360cam, the Bublcam, the Centr, the Giroptic and the Panono. Continue reading VSN Mobil Device Joins Crowded Field of Panoramic Cameras

Tel Aviv-based StoreDot claims it has developed a battery technology that can charge a mobile phone in 30 seconds and an electric car in mere minutes. The prototype can reportedly store a higher charge more quickly by using nanotechnology to synthesize artificial molecules. Bio-organic peptide molecules known as “nanodots” enable the rapid absorption and retention of power. StoreDot is aiming to have a slimmer version of the current prototype available for the smartphone market by 2016. Continue reading Battery Using Nanodots Charges Mobile Phone in 30 Seconds

While Facebook is by far the world’s leading social platform (with 1.35 billion active monthly users), new research from the Global Web Index points to Tumblr as the fastest growing platform. Tumblr’s active user base grew 120 percent over the last six months, while Facebook only experienced a 2 percent bump. And in terms of overall member growth, Pinterest had 57 percent growth, compared to Facebook’s base growth of 6 percent. In mobile apps, Snapchat saw the most growth, up 56 percent this year. Continue reading Tumblr Takes Lead as World’s Fastest Growing Social Platform

ETC@USC begins its coverage of the 2015 International CES with a special Entertainment Technology Roundtable featuring Dr. Shawn DuBravac, chief economist and senior director of research for the Consumer Electronics Association, on December 4 at the ETC quarterly meeting at Paramount Pictures Studios. DuBravac is expected to highlight leading CE trends and innovations and preview indicators from his State of the Industry Report, the traditional kick-off of CES media briefings. Continue reading CES 2015: CEA’s Shawn DuBravac to Brief ETC December 4

Aereo’s plan to upend the television industry with an online streaming service has come to an end. Chet Kanojia, Aereo’s chief executive, explained in a blog post Friday that legal and regulatory challenges have become too difficult for the Barry Diller-backed company. As a result, five months after the Supreme Court ruled that the startup had violated copyright laws by capturing broadcast TV via small antennas and retransmitting to subscribers, Aereo has filed for bankruptcy protection. Continue reading Aereo Files for Bankruptcy Protection in Wake of Legal Battles

According to recent news reports, Amazon is planning to launch a new ad-supported streaming service early next year that will be separate from Prime. The ad-supported option could become a significant challenger to streaming services such as Netflix and Hulu, especially if it undercuts the monthly fees of its rivals. Sources indicate that the new service would ultimately serve as a vehicle to attract more subscribers for Amazon Prime. Meanwhile, Amazon has denied plans to offer a new service. Continue reading Amazon Considering a New Ad-Supported Streaming Service?

Is it time to come up with new language to address second screens? According to digital analytics firm Flurry, consumers spend an average of 2 hours and 57 minutes on their smartphones and tablets each day. Since the Bureau of Labor Statistics estimates that viewers spend 2 hours and 48 minutes per day watching television, the Flurry numbers would suggest mobile devices are becoming the new first screen. Flurry also notes that time spent with apps has increased nearly 10 percent in the last three quarters. Continue reading Report Points to Mobile Devices Replacing TV as ‘First Screen’

Last month, we reported that Verizon and Netflix were quietly testing a bundled subscription plan with FiOS Triple Play customers in New York City. The move seemed somewhat surprising, when considering the recent public feud between the two companies regarding connection speeds. Now, in an effort to recapture cord cutters, Verizon is offering a $60 per month plan that includes Netflix, broadband speeds of up to 50Mbps, local TV channels, HBO and Showtime (and when they arrive next year, HBO Go and Showtime Anytime). Continue reading Verizon Offers Netflix, HBO and Showtime to Lure Cord Cutters