Scripps Buys Popular Stitcher Podcast Service for $4.5 Million

Podcast platform Stitcher, purchased by streaming music service Deezer in 2014, has now been acquired by the E.W. Scripps Company for $4.5 million. Scripps owns 34 radio stations in eight markets, while Stitcher provides streaming for more than 65,000 podcasts. “Stitcher will operate as part of Midroll Media, which Scripps purchased about a year ago,” reports Radio Ink. Stitcher employees joining Midroll will operate out of San Francisco. Stitcher’s GM and VP of product Todd Pringle will lead product development. Continue reading Scripps Buys Popular Stitcher Podcast Service for $4.5 Million

Tony Fadell to Step Down as CEO of Alphabet’s Nest Division

Nest CEO and co-founder Tony Fadell announced he will step down from his leadership position, but will stay on as an adviser to parent company Alphabet. Fadell will be replaced by telecom vet Marwan Fawaz (formerly CTO of Adelphia Communications and Charter Communications), “amid escalating drama at Nest that sent ripples across all of Google,” suggests Recode. “Despite its internal struggles, Nest is a market leader in the connected device field.” Its ability to ship its collection of smart home products and “build out software and energy partnerships for Internet-connected devices” will be critical as it competes in this space with tech giants such as Amazon and Apple. Continue reading Tony Fadell to Step Down as CEO of Alphabet’s Nest Division

Samsung May Intro New Phones with Bendable OLED Screens

Samsung is considering the 2017 launch of two new smartphones with bendable screens, giving the company a leg up on competitors such as Apple, say people familiar with the plans. One phone would reportedly fold in half similar to a cosmetic compact, while the other would feature a 5-inch screen with the ability to unfurl into an 8-inch display. “Codenamed ‘Project Valley,’ Samsung could unveil one or both of the devices as soon as February, when Mobile World Congress takes place in Barcelona,” reports Bloomberg. “That timing would give Samsung a head-start on Apple’s iPhone using OLED screens that may be released later in 2017.” Continue reading Samsung May Intro New Phones with Bendable OLED Screens

AWE 2016 Addresses Rapidly Evolving VR and AR Ecosystem

This year’s Augmented World Expo (AWE) in Santa Clara was equal parts augmented and virtual reality. Curtis Hickman of The VOID presented some compelling instances in which physical and psychological misdirection are effective tools for the VR experience. Meta CEO Meron Gribetz demonstrated the sub-millimeter hand tracking accuracy of his company’s AR HMD. Jared Finder provided an update on the core tech components of Google’s Project Tango. Baobab Studios CEO Maureen Fan discussed the importance of image composition and story beats in VR. Highlights from the show floor included the latest ODG AR glasses and waveguide AR displays from Epson and Lumus. Continue reading AWE 2016 Addresses Rapidly Evolving VR and AR Ecosystem

Facebook Bot Recommends Movies Based on Your Interests

While Facebook’s bot platform remains in its early stages as developers test potential apps and the challenges involved with natural language processing, a company named And Chill has created a movie recommendation engine that may be ideal for the social platform. Going beyond the basic like/dislike model, the new bot can be accessed through Messenger or SMS and asks each user for specific reasons why he or she likes a given movie. The information is then analyzed by And Chill to provide appropriate recommendations of similar films and links to YouTube trailers. Continue reading Facebook Bot Recommends Movies Based on Your Interests

News of Jawbone Selling Off its Inventory is False, Says CEO

Jawbone CEO and founder Hosain Rahman refutes recent reports that his company is halting production of its UP fitness trackers and selling the remaining inventory to a third party. “As some of you may have recently seen, there have been a few incorrect media reports that Jawbone is exiting the wearables business or going out of business altogether,” he wrote in a blog post. “These reports are unequivocally false.” Rahman suggests that an inaccurate report was posted online before a correction was published, and other media outlets ran the news based on the initial post. “We will continue to support all of our products,” he added. “UP2, UP3 and UP4 are still hugely popular and continue to sell well.” Continue reading News of Jawbone Selling Off its Inventory is False, Says CEO

Emmy Awards to Debut New Short-Form Categories This Year

The Television Academy has added Emmy Award categories for short-form variety, nonfiction/reality and animation series as well as new actor and actress awards. The move reflects recognition of the growing popularity of original content produced primarily for online video services. Contenders on the 2016 ballot include digital series such as Maker Studios’ “Epic Rap Battles of History;” “Scare PewDiePie,” available on YouTube Red; AwesomenessTV’s “Guidance;” and New Form Digital’s “Oscar’s Hotel for Fantastical Creatures,” produced with Jim Henson’s Creature Workshop and available on Vimeo. Continue reading Emmy Awards to Debut New Short-Form Categories This Year

Google Aims to Take On Apple Devices with Android Updates

Google will introduce new features to its Android mobile operating system to help its Nexus devices better compete with Apple’s iPhones and iPads. At the Code Conference yesterday, Google CEO Sundar Pichai said the company plans to “put a lot more thought” into the Nexus line, and would likely customize Android in the process. Google licenses Android to a wide array of handset makers, which results in a variety of phones, software and apps that work differently. “These fragmentation issues mean Android phones are often harder to use and sometimes less capable than iPhones,” reports Bloomberg. The Nexus line is designed to address this problem. “Creating a new version of Android just for Nexus devices would give Google more control.” Continue reading Google Aims to Take On Apple Devices with Android Updates

Instagram to Offer Business Tools Including Profiles, Analytics

Instagram introduced new features yesterday designed to enable business owners to engage with customers via the photo-sharing app as long as their business is linked to an official Facebook Page. The new tools — developed after discussions with hundreds of businesses using the platform — include business profiles, analytics and the ability to launch sponsored posts directly from the Instagram app. According to Instagram, the set of tools “will be rolling out in the U.S., Australia and New Zealand in the coming months, and will be available in all regions globally by the end of the year.” Continue reading Instagram to Offer Business Tools Including Profiles, Analytics

Toyota Reportedly in Talks to Buy Google Robotics Companies

According to multiple reports, Toyota Research Institute is close to acquiring two robotics divisions from Google parent Alphabet Inc. “The Japanese automaker is discussing an acquisition of Alphabet’s Boston Dynamics — known for the Cheetah, which is claimed to be the world’s fastest-legged robot — and Schaft, a venture that was led by two former Tokyo University professors,” Fortune explains. Numerous reports suggest that tension has been mounting between Google and Boston Dynamics since 2014, tension that reached a tipping point this year when Boston Dynamics released a video of its Atlas humanoid robot that received positive tech press, but many found “unsettling,” according to Tech Insider. Continue reading Toyota Reportedly in Talks to Buy Google Robotics Companies

Judge Rules Against Netflix Bid to Offer Relativity Films Early

Netflix had been fighting to stream two movies produced by Relativity Media ahead of their planned theatrical releases, but a judge on Friday issued an order preventing Netflix from doing so. According to Judge Michael Wiles of the U.S. Bankruptcy Court in Manhattan, an early release of the comedy “Masterminds” and horror film “The Disappointments Room” could be “devastating” for Relativity, the studio he recently released from chapter 11. Ruling in favor of Netflix “would threaten the bankruptcy process… with devastating consequences to the plan and distributions” to creditors, the judge said. Continue reading Judge Rules Against Netflix Bid to Offer Relativity Films Early

New Study Points to Increase in Social Media as News Source

According to a Pew Research study, 62 percent of U.S. adults now get their news from social media platforms such as Facebook, Twitter, YouTube and Reddit. Atop the list is Facebook, reaching about 44 percent of the population, while Twitter and YouTube hold second place. The study found that the social media sites with the most growth to their news audiences since 2013 include Facebook, Instagram and LinkedIn. Pew also found that 20-30 percent of users across the top five social platforms still get additional news from local and nightly network television. Continue reading New Study Points to Increase in Social Media as News Source

Ad-Blocking Now Costing Advertisers Billions in Lost Revenue

Internet giants such as Google and Facebook rely on advertising revenue to finance their various endeavors. However, that business model is now being threatened by ad-blocking software. According to a report from PageFair and Priori Data, about 20 percent of smartphone users (nearly 420 million people worldwide) now block ads when browsing online via their mobile devices. The latest figures represent a 90 percent annual increase. While the use of ad-blocking software conserves data and loads websites faster, it “is costing the global advertising industry billions of dollars a year in lost revenue,” reports The New York Times. Continue reading Ad-Blocking Now Costing Advertisers Billions in Lost Revenue

Panasonic to Bow Out of TV Display Business by September

Panasonic has announced that it plans to exit the television screen manufacturing business, and “will stop producing TV screens at its plant in Himeji, western Japan, by the end of September,” according to Reuters. The decision leaves Sharp as Japan’s sole remaining TV panel company. Panasonic’s Himeji plant opened in 2010, but struggled to earn a profit while faced with stiff price competition by rivals located in China and South Korea. Moving forward, the plant is expected to continue manufacturing screens for medical equipment and automobile dashboards. Continue reading Panasonic to Bow Out of TV Display Business by September

Jawbone is Selling Speaker Biz, Puts Fitness Trackers on Hold

After failing to gain traction in the wearables market currently dominated by Fitbit and Apple, Jawbone has ceased production of its UP line of fitness trackers and reportedly sold its remaining inventory to a third party reseller at a discount. It is not clear whether Jawbone plans to manufacture the fitness trackers again in the future. The company has also discontinued its Bluetooth speaker business and is currently looking to unload remaining inventory. According to multiple sources, Jawbone has been looking to sell its Jambox wireless speaker business. Continue reading Jawbone is Selling Speaker Biz, Puts Fitness Trackers on Hold