Amazon is reportedly moving beyond its Kindle tablet line with the development of multiple CE devices aimed to compete more directly with Apple and Google. According to people familiar with the plans, the company is developing a range of new devices including two smartphones and an audio-only streaming device. The e-commerce giant is also working on its own set-top box for streaming video content. Continue reading Amazon Developing STB, Smartphones and Other Devices

During a Q3 earnings call Wednesday, News Corp. COO Chase Carey discussed how Fox has experienced significant growth in home video due to digital downloads. Carey cited digital rentals and downloads via sites such as iTunes and Amazon as the primary contributing factor. He also suggested that in a few years “Hulu will look a bit different than it does today,” in order to compete with Netflix. Continue reading Exec Credits Digital Downloads for Fox Home Video Growth

According to internal documents obtained by TechCrunch, Microsoft is pursuing a $1 billion purchase of the digital assets of Nook Media LLC, the digital book joint venture between Barnes & Noble and investors. “In this plan, Microsoft would redeem preferred units in Nook Media, which also includes a college book division, leaving it with the digital operation — e-books, as well as Nook e-readers and tablets.” Continue reading Microsoft Reportedly to Pay $1 Billion for Nook Digital Assets

BitTorrent announced the BitTorrent Bundle earlier this week, a new format that provides access to free content in addition to a gateway to other material. It offers content creators a new means of distributing and monetizing their work outside the confines of traditional methods. BitTorrent continues its efforts to transform the file-sharing software into a legitimate platform for movies and music. Continue reading BitTorrent Bundle Provides New Options for Content Creators

The launch of new magazine-style content channels is another step by LinkedIn toward becoming an online media entity with a focus on business news. The social network revamped its LinkedIn Today offering yesterday with a simpler design, the introduction of 20 channels (or categories) of news, multiple options for sorting content, and revised email digests. Users can subscribe to channels and authors who are part of the Influencer program. Continue reading Revamped LinkedIn Today Features New Content Channels

The Federal Trade Commission sent warning letters earlier this week to 10 data brokerage firms. The agency warned the firms that the gathering and selling of consumer information could be in violation of federal privacy laws. The new letters follow last month’s action by the FTC when it issued similar warnings to six companies who offered to share tenants’ rental histories with landlords. Continue reading FTC Issues Warnings to Firms that Share Consumer Info

The theme for Disney’s presentation during last week’s Digital Content NewFronts in New York City was “the art of interactive storytelling.” Disney Interactive announced 10 new online original series and the forthcoming “Story” app that helps parents share user-generated stories online. The company also promoted its successful YouTube ventures and a music deal with Vevo. Continue reading Digital NewFronts: Disney Interactive Announces New Series

The Israel Conference is scheduled for May 30-31 at the Luxe Hotel on Sunset Boulevard in Los Angeles. The two-day event will feature 75 speakers discussing innovation, technology and design as part of a collection of keynotes, panel discussions and special networking events. New this year is FutureFest, in which emerging technologies and consumer products will be presented to judges, including prominent VCs and CEOs of multinational companies. Continue reading The Israel Conference Returns to Los Angeles this Month

Animator and special effects pioneer Ray Harryhausen, 92, died on Tuesday in London, where he had been living. Harryhausen, an innovative artist whose work still inspires filmmakers, often played a principal role in the movies that featured his technical effects. “He frequently proposed the initial concept, scouted the locations and shaped the story, script, art direction and design around his ideas for fresh ways to amaze an audience,” according to The New York Times. Continue reading Media Industry Mourns the Loss of Pioneer Ray Harryhausen

The U.S. Senate passed a bill on Monday that would subject online shoppers to state sales taxes. The 69 to 27 vote drew support from both sides of the aisle, but it is expected to face a greater challenge in the House from conservatives who view it as a tax increase. President Obama has expressed his support for the bill, which does not include businesses with less than $1 million in online sales. Current law stipulates that states can only require online retailers to collect sales tax on goods sold if the store has a physical presence in the state requiring the tax. Continue reading New Internet Tax Bill Passes in Senate, Moves to House

Intel claims that its next generation of chips designed for mobile devices will triple the calculating speed of previous chips. Based on a design called Silvermont, the new chips will also look to maximize power and performance while remaining energy efficient, drawing as little as one-fifth the electricity of current Atom chips. The company hopes new smartphones and tablets will turn to Intel rather than chips based on the ARM architecture. Continue reading Next Gen Intel Chips for Mobile Devices Three Times Faster

Notable handset makers and telecom carriers are turning to alternative mobile operating systems in an effort to beat Microsoft and Research In Motion to the punch as the next credible challenger to smartphones run by Apple and Google. A range of companies are hoping an alternative platform to market leaders iOS and Android will emerge. Watch for devices running Firefox OS, Tizen, Ubuntu and Sailfish. Continue reading Alternative Mobile Platforms Look to Join Apple and Google

Adobe’s flagship Creative Suite has evolved into Adobe Creative Cloud, with new features and a switch to a subscription-only model. Instead of individual Adobe apps being available for a flat rate, users will pay a monthly subscription to access all the products. Last year, the company introduced its Creative Cloud subscription service, through which users could access one product each month for $29.99 or all the products within Creative Suite 6 for $49.99. More than 500,000 premium members signed up in the first nine months, on top of 2 million free members. Continue reading Adobe Intros Subscription-Only Model with Creative Cloud

Aereo filed a complaint against CBS yesterday as a preemptive strike to stop the network from filing additional lawsuits. The move marks the latest chapter of what has become a tug-and-war between broadcasters and Aereo, the Barry Diller-backed startup that provides access to over-the-air TV broadcasts via the Web. Broadcasters see the model as infringing on copyright, since the programming is redistributed without permission. Continue reading Aereo Files Complaint Against CBS Prior to Boston Launch

Google is reportedly getting ready to launch an à la carte subscription service for some of YouTube’s video channels, as part of an initiative to finance a wider range of content and secure an additional revenue stream. According to those familiar with the plan, the move will initially include as many as 50 “specialist” channels, which will be available to viewers via subscriptions for as little as $1.99 per month. Ad Age reported earlier that YouTube would look to keep 45 percent of subscription-based revenue. Continue reading Google Readies Subscription Service for YouTube Channels