Apple CEO Tim Cook met with Beats Electronics CEO Jimmy Iovine during a recent visit to Los Angeles, according to three people familiar with the matter. The execs met to discuss the business model and rollout plans of Beats’ Project Daisy, a subscription music service announced in January with little detail. The sources suggest Apple may be interested in a potential partnership. Continue reading Will Apple Team with Beats for Streaming Music Service?

Google has begun testing its own e-commerce site called “Google Shopping Express,” with same-day delivery from stores like Target, Walgreens and Walmart. The site is expected to offer a $64 annual deal, compared to competitor Amazon Prime’s $79 service. Google’s Tom Fallows, an e-commerce product manager, is reportedly running the project, and the company is currently working with personal delivery and online services. Continue reading Will Google Shopping Express Compete with Amazon Prime?

Online streaming companies are beginning to pursue primetime programming. Amazon is producing original content now; Netflix is following its successful “House of Cards” with four more original programs; Microsoft is working on programming for the Xbox gaming console; while AOL, Sony and Twitter are all likely to follow in these footsteps. Will these companies change the way we watch TV? Continue reading Original Online Content: TV Pilots Finding New Audiences

Apple kicked off the mobile apps craze five years ago and the industry continues to gain momentum. App stores run by Apple and Google offer more than 700,000 apps each. Because of the growing range of choices, it is estimated that consumers spend an average of two hours per day with their apps. And they’re spending money on them, too. However, this may only be the beginning. Continue reading App Industry Continues to Boom, Five Years After it Began

Independent bookstores have filed a lawsuit alleging agreements between Amazon and six large book publishers violate federal antitrust law. The small bookstores cite the proprietary coding software that only allows users to read e-books on a Kindle or the Kindle app. They are making an argument for open-source coding that would allow for a more open e-book publishing market. Continue reading Small Bookstores Sue Amazon, Seek Open E-Book Market

Google’s purchase this month of Channel Intelligence, a data management platform for retailer inventory, suggests that Google has plans to become the dominant player in global e-commerce. In the U.S. alone, that market is already worth $186 billion. The $125 million deal will not only impact Google’s ad business, but underscores the company’s strategy to work its way into the retail market, starting with e-commerce websites. Continue reading Google Takes Next Step to Dominate Retail with Acquisition

Back in 1990, Walmart suprassed Kmart in sales. In 1992, it passed up Sears. By 2011, it had higher worldwide sales than the combined total sales of the next six biggest retailers: Kroger, Target, Walgreens, Costco, Home Depot and CVS. That same year, Amazon was 15^th on the list of top retailers. This year, it’ll likely end up in the 7^th spot, just a few billion behind Target. But is Google stealing online retail from Amazon? Continue reading Amazon Growing, But Will Need to Fend Off Google in Retail

Best Buy announced it will institute a new policy change starting on March 3 that the company says will kill “showrooming” in its stores for good. The change is a permanent version of the temporary price-matching initiative Best Buy announced during the 2012 holiday rush. Whenever a customer asks for it, the retailer plans to match prices offered by local retail stores and major online competitors. Continue reading Best Buy Hopes Low Price Guarantee Will End Showrooming

The U.S. Patent & Trademark Office granted Amazon a broad patent that covers a “secondary market for digital objects,” according to The Hollywood Reporter. “According to the text of the patent, which Amazon first applied for in May 2009, digital objects not only include e-books, but also ‘audio, video, computer applications, etc.’ that are purchased from an original vendor.” Will a new market for used digital content have legal implications? Continue reading Legal: Amazon Granted Patent Regarding Used Digital Content

Amazon will release its own virtual currency, Amazon Coins, in May. Each coin will be worth a penny and will allow Kindle Fire customers to purchase apps, games and in-game items. Amazon will maintain its 30 percent revenue draw on all purchases made with Amazon Coins. While Amazon plans a small initial launch, some speculate customers could one day use Amazon Coins to purchase e-books, digital music and other products. Continue reading Will Amazon Virtual Currency Reach Beyond Apps and Games?

Nearly two years (and three CEOs) after its intended start date, Bookish finally launched earlier this week. The company is backed by “big-six publishers Hachette, Penguin and Simon & Schuster” and intends to “promote book discovery and sell books,” writes paidContent. The company wants to be “a one-stop shop for readers looking to connect with authors and find their next book.” Continue reading Bookish Now Live, Features Database of 1.2 Million Titles

Amazon Studios announced last week that it has selected its first five pilots for children’s shows. Angela Santomero, the creator of “Blue’s Clues” is behind one, and the Jim Henson company is behind another. The remaining three include a series based on “The Wizard of Oz,” a science-based series from creator J.J. Johnson, and “Tumbleaf,” created by Drew Hodges and Bix Pix Studios. User feedback will help determine which shows will have a future. Continue reading Amazon Studios Expands its Reach with Children’s Offerings

Amazon has begun to shift from directly selling products to customers due to its success with third party sales. The practice of fulfilling third party sales will continue to grow, and could become the entirety of Amazon’s business plan eventually. Third party sales now account for 39 percent of Amazon’s sales, and massive distribution centers show Amazon’s continued transition. Continue reading Will Amazon Make Complete Transition to Third Party Sales?

Instead of using the term “mobile commerce,” analytics provider Flurry describes “App & Mortar” trends in its new report about the rise in smartphone shopping. “This report confirms what we already knew about mobile commerce, but takes it a step further by figuring out who is benefiting the most right now from the trend. Surprisingly, it’s physical retailers,” according to AllThingsD. Continue reading App & Mortar Economy: New Battle for Consumer Relationships

Amazon’s new Elastic Transcoder service allows people to upload and convert digital video to h264, AAC and MP4 formats for smartphone and tablet playback. The service offers 20 free minutes of transcoding per month, after which Amazon offers tiered plans starting at $0.015 for SD or $0.030 for HD per minute. The prices undercut existing cloud services like Zencoder, and the service is more convenient than purchasing external transcoding equipment. Continue reading Amazon Elastic Transcoder for Converting Video in the Cloud