Google may lead Andreessen Horowitz and other investors in a $500 million round of funding for Florida-based hardware and software maker Magic Leap, according to sources. The company is working on a new 3D experience that is more advanced than current virtual reality and augmented reality technologies. Magic Leap has released very few details about its “cinematic reality” tech, but it is most likely going to involve super high-resolution 3D images projected from special glasses. Continue reading Google to Lead Investment in Magic Leap’s ‘Cinematic Reality’

YouTube personalities are venturing into the world of books as publishers continue to seek the next popular authors. These content creators explain that they do not make much from YouTube, which takes 45 percent of advertising revenue, and see publishing as a new market to earn income. For instance, U.K. video blogger Alfie Deyes released “The Pointless Book” in Britain last month, and it rapidly became a bestseller. Meanwhile, others are looking into television shows, radio gigs, and even movie deals. Continue reading YouTube Personalities Try Out New Markets, Including Books

French telecommunications company Iliad has ended its pursuit of American wireless provider T-Mobile US. While T-Mobile was in talks about a merger with Sprint to launch a more competitive rival to AT&T and Verizon Wireless, Iliad was ambitiously attempting to buy control of T-Mobile for $15 billion (an offer worth nearly as much as its own market value). Yesterday, Iliad issued a statement that it was ending its efforts, despite having increased the proposed acquisition stake and price. Continue reading France’s Iliad Concludes its Ambitious Pursuit of T-Mobile US

Broadcom has left the Open Interconnect Consortium, a standards group for the Internet of Things that was created by Intel as an alternative to Qualcomm’s AllSeen Alliance. Sources say the split had to do with a disagreement over intellectual property. OIC members are required to donate code to the group, and additionally must agree to forfeit the right to sue over that IP in the future. The AllSeen Alliance does not have such a provision, which is a primary difference between the two organizations. Continue reading Broadcom Bows Out of Intel’s Open Interconnect Consortium

Turner’s Cartoon Network launched an app last week that features 10- to 15-second clips of the cable channel’s animated shows. “Cartoon Network Anything” is targeting boys 6- to 11-years old, many of whom are shifting towards mobile media consumption. Cartoon Network designed the app to drive young viewers back to the TV with promotions for on-air properties in between the 15-second clips, games, polls, quizzes, trivia, and puzzles. The free app is available for iOS and Android. Continue reading Micro-Content: Cartoon Network Unveils Mobile App for Kids

Google’s new smartphone, expected to launch later this month, will be larger than Apple’s iPhone 6 Plus and the Samsung Galaxy Note. The high-resolution display is 5.9 inches diagonally, making it large enough to be categorized as a phablet. The handset, code-named Shamu, intends to compete in an emerging market of increasingly popular hybrid devices across the U.S. and abroad. Google also reportedly plans to debut a new version of its Android mobile OS at the same time. Continue reading Google Plans to Unveil Phablet and New Version of Android

After Yahoo purchased Tumblr for $1.1 billion in 2013, CEO and founder David Karp was promised that the site would remain an independent property. Tumblr would use Yahoo’s advertising technology while Yahoo would use Tumblr’s publishing tools. Now, Yahoo executives see Tumblr as their version of YouTube. Tumblr would solve YouTube content creators’ complaints that they do not make enough money, and the poached YouTube stars would set up their new channels on Tumblr.  Continue reading Yahoo Now Envisions Tumblr as Its Own Version of YouTube

Members of anonymous online messaging forum 4chan claim to have access to as many as 200,000 Snapchat photos through a third-party app called Snapsaved. The smartphone tool allows creators to store photos from their Snapchat accounts. Anonymous members have said that a link will be posted, allowing users to download the photos. It is not clear who created Snapsaved, and the app’s site is no longer working. Meanwhile, Snapchat claims that its servers have not been compromised.

Continue reading Third Party Site May Have Stored 200,000 Snapchat Images

This year’s edition of Interbrand’s “Best Global Brands” report places Apple in the No. 1 spot as the world’s most valuable brand for the second year in a row. Apple and No. 2 brand Google knocked Coca-Cola to the No. 3 spot last year. The top three positions are the same for 2014. The report, which provides a ranking of the top 100 valuable global brands, list a growing number of technology brands. Microsoft, Samsung and IBM are listed in the top 10, while Intel, Cisco, Amazon, Oracle and HP are in the top 20. Continue reading Report: Apple and Google Battle for Top Spot in Global Brands

Netflix is raising its monthly subscription rate by more than 30 percent for those interested in streaming 4K video. Subscribers who have not yet signed up for 4K content will be charged $11.99 per month (the family plan), up from the standard $8.99 charge. For customers who have already signed up for a 4K-enabled account, the price change will not take effect until August 2016. Netflix 4K streams currently only work with Ultra HD TVs released this year that include a built-in H.265/HEVC decoder. Continue reading Netflix is Charging More for Subscribers Streaming 4K Video

At last week’s Digital Media Pipeline conference staged by the Entertainment Merchants Association in Los Angeles, the closing discussion centered on Internet fueled approaches to content authorship. “The Vast Expansion of Original Content,” moderated by Steve Apple of EMA, featured Derek Dressler of Vimeo, Reed Lucas of Bent Pixels, and Dana Shayegan of Collective Digital Studio. Topics included a maturing Internet video space, the influence of direct fan support, and the need for building engagement. Continue reading Digital Media Pipeline: Media Farm Team, Competitor or Both?

Retailers are gearing up to support a range of connected home devices for the upcoming holiday season. Best Buy’s new Connected Home department is scheduled to deploy in more than 400 stores by Thanksgiving, featuring more than 100 smart home products. Other big box retailers including Home Depot, Lowe’s and Staples have unveiled new programs and products in their stores designed for the connected home. We can also expect to see specialists and tech support trained in smart home products. Continue reading Internet of Things: Retailers to Promote Smart Home Devices

E-commerce giant Amazon reportedly has plans to open its first brick-and-mortar store in the heart of New York City. The company’s new space on 34th Street across from the Empire State Building may likely be used as a mini warehouse that will handle same-day delivery, product returns, and pick-ups of online orders. A physical store is expected to help provide faster service and delivery for New Yorkers in addition to building more brand recognition for the online-based company. Continue reading Amazon May Open its First Physical Store in New York City

Amazon is reportedly in talks with at least three Hollywood studios to join the UltraViolet digital locker consortium. According to people with knowledge of the matter, Amazon has been in talks with Sony Pictures Entertainment, Universal Pictures and Warner Bros. The retail giant is currently ranked No. 2 behind Apple in digital movie sales and rentals. If Amazon were to implement UltraViolet, it could help jumpstart efforts to expand the $2 billion online movie-sales business and make it a greater threat to Apple. Continue reading Amazon in Talks with Hollywood Studios to Join UltraViolet

The Entertainment Merchants Association gathered leading technology, distribution and content partners at its Digital Media Pipeline 2014 conference held at the Skirball Cultural Center in Los Angeles on Wednesday. The program included updates from the EMA’s Digital Supply Chain working groups and presentation of Digi Awards to “Breaking Bad,” Amazon, Content Bridge, and Disney for outstanding achievements in digital entertainment content, retailing, leadership and innovation. Continue reading Digital Media Pipeline: Awards, Perspective and a Look Ahead