YouTube Launches a Streaming Hub for Subscription Services

In Google’s ongoing bid to become a one-stop destination for video entertainment, the company’s YouTube has launched a U.S. streaming marketplace called Primetime Channels that debuts with 34 services, including Paramount+, Showtime, AMC+ and Starz. The company jumps in the ring with Amazon, Apple and Roku, all of which offer streaming subscriptions directly through their platforms, although none has managed to secure every major on-demand outlet. YouTube, the leader in free video streaming says it has integrated Primetime Channels among user-uploaded content, making it easy for viewers to hop from free trailers to subscription purchases. Continue reading YouTube Launches a Streaming Hub for Subscription Services

Big Tech to Face Increased EU Scrutiny as DMA Takes Effect

Next week, the EU’s Digital Markets Act takes effect, and U.S. tech giants are preparing for headaches. Among the DMA’s goals is making companies like Amazon, Google and Meta Platforms more open and interoperable in 2023. Last month, veteran EU official Gerard de Graaf, who helped create the DMA, was installed as director of a satellite office in San Francisco. There, he will help Big Tech prepare for breaking out their wallets and breaking open their walled gardens as the result of  “significant” changes to how they’ve been doing business in Europe. Meanwhile, telecoms in Europe are looking for tech firms to pay new fees based on bandwidth issues. Continue reading Big Tech to Face Increased EU Scrutiny as DMA Takes Effect

Google, Amazon Reach an Accord in OS Battle for Smart TVs

Google and Amazon have struck a deal to end simmering hostilities over a battle for control of smart TVs. After a particularly damning report by the Competition Commission of India last week, Amazon announced that TCL — a major player in the drama — will this fall release in Europe two new models equipped with Amazon Fire TV software. The new pax has also paved the way for Amazon to work with consumer electronics companies including Hisense, Xiaomi, and more, who were previously forbidden from using the Amazon OS under Google’s licensing terms. Continue reading Google, Amazon Reach an Accord in OS Battle for Smart TVs

Apple Increases Prices of Its Streaming Services for First Time

For the first time, Apple is raising U.S. prices for Apple Music and Apple TV+ subscription services. Starting this week, both new and existing customers will pay rates starting at $6.99 per month for Apple TV+ and $10.99 per month for Apple Music, a 40 percent and 10 percent increase, respectively. The family music plan, for up to six accounts, increases to $16.99 per month (from $14.99). Cost of the Apple One bundle — which includes TV, Music, Apple Arcade and iCloud+ storage — also rises as competing streamers raise prices while vying more aggressively for market share. Continue reading Apple Increases Prices of Its Streaming Services for First Time

Cybersecurity Labeling System Coming to IoT Devices in 2023

The Biden administration is implementing a cybersecurity labeling program designed to protect consumers using Internet of Things devices from “significant national security risks.” Beginning in the spring of 2023, IoT smart hardware will begin carrying a “label for products that meet U.S. government standards and are tested by vetted and approved entities,” according to the White House. The program will start with high-risk devices like routers and cameras. To jump-start the initiative, the White House hosted an IoT Cybersecurity Summit attended by national security officials, hardware manufacturers and representatives from consumer product associations. Continue reading Cybersecurity Labeling System Coming to IoT Devices in 2023

Retailers, Big Tech Get Behind Live-Stream Shopping in U.S.

Live-stream shopping has been slow to take off in the U.S., but some feel the sector is at a tipping point. U.S. revenue from the format is projected to reach $20 billion this year and grow to $57 billion in 2025 says Coresight Research. However, that’s a drop in the bucket compared to the activity in Asia. McKinsey Digital says outlets like Alibaba can rack up more than $7 billion in 30 minutes. Estimates place the Asia-Pacific market at about $180 billion in live-streamed shopping for 2021. Now big players like Walmart, Target, YouTube and TikTok are getting serious about cracking open the U.S. market, too. Continue reading Retailers, Big Tech Get Behind Live-Stream Shopping in U.S.

Netflix Tops Q3 Forecasts as the Service Schedules Changes

Netflix beat Q3 expectations, adding more than 2.4 million subscribers, more than twice the StreetAccount projection. The majority of growth was generated in the Asia-Pacific region, accounting for an additional 1.43 million paid accounts, while North America increased by 100,000. Improvements on the top and bottom lines sent Netflix shares surging more than 14 percent after Tuesday’s bell. Revenue was $7.93 billion, versus a $7.837 billion Refinitiv estimate. That was up almost 6 percent from Q3 2021, although the $1.4 billion in profit represents a 3 percent decrease from the same period last year. Meanwhile, Netflix will launch its ad-supported tier in two weeks and plans to start cracking down on account sharing in 2023. Continue reading Netflix Tops Q3 Forecasts as the Service Schedules Changes

Amazon Faces Economic Challenges, Continues Cost-Cutting

Amazon is continuing the cost-cutting that CEO Andy Jassy emphasized when the company reported a $2 billion loss in Q2. The company is shutting down Amazon Explore, a virtual tourism initiative launched during the COVID-19 lockdown, unplugging the robotics ventures Canvas and ORCA, and dimming the lights on the Amazon Glow, a video-calling projector for kids. In recent weeks, Amazon also confirmed the end of field tests for the autonomous delivery service Scout. This in the wake of a hiring freeze at its retail division and the closure of the Amazon Care telehealth venture. Continue reading Amazon Faces Economic Challenges, Continues Cost-Cutting

TwitchCon: Streamers Object to Revenue-Sharing Reduction

Things were restive at TwitchCon, which wrapped Sunday in San Diego. Content creators were riled up over downsized revenue-sharing, first announced last month. The conference lets gamers and other enthusiasts who use Amazon’s live-streaming platform meet their favorite influencers while brands tout their wares. With over 2.5 million hours of live content streaming daily around the world, Twitch has become increasingly focused on financial sustainability and eventual profitability. But a less favorable revenue split and push toward advertising has proven unpopular with creators. Continue reading TwitchCon: Streamers Object to Revenue-Sharing Reduction

CSA Releases Global Connectivity Spec for Internet of Things

The Connectivity Standards Alliance has announced the release of the Matter 1.0 specification, a global connectivity standard for the Internet of Things, simultaneously opening the product certification program, administered through authorized test labs. Member companies “now have a complete program for bringing the next generation of interoperable products that work across brands and platforms to market with greater privacy, security, and simplicity for consumers,” said CSA. The Matter standard was developed so the devices from companies including Google, Apple and Amazon can communicate with each other via a local controller device. Continue reading CSA Releases Global Connectivity Spec for Internet of Things

TikTok May Team Up with TalkShopLive for a Holiday Launch

TikTok is said to be partnering with Los Angeles-based TalkShopLive to handle its live shopping initiative in North America after an in-house UK effort produced lackluster results. Due to hit the U.S. in time for the holiday season, TikTok Shop will be built on technology and support from TalkShopLive as it positions live-stream shopping hosted by influencers, brands and retailers selling products on the short-form video platform. Launched last year, TikTok Shop UK was the ByteDance company’s first such effort outside of Asia, where it is available in countries including Vietnam, Singapore and the Philippines. Continue reading TikTok May Team Up with TalkShopLive for a Holiday Launch

Consumer Study Finds Bundling Is Key to Streaming Success

Winners in the current streaming wars will be companies that diversify beyond a single programming vertical, checking boxes that include movies, series, news, sports and video games, according to a new survey, “What Will They Pay For? The Mind of The Modern Subscriber,” from Consumer Insights, the research division of Publisher’s Clearing House. According to the report, the answer is movies and scripted TV (39 percent), trailed by sports (12 percent), followed closely by music and podcasts (11 percent). At 10 percent, “other” is a category to keep an eye on, the study’s authors advise. Continue reading Consumer Study Finds Bundling Is Key to Streaming Success

Amazon Promotes Device Updates at Its Fall Hardware Event

A Kindle that lets you annotate text, a “no-contact” sleep tracker and a refresh on the Fire TV Cube were among the new products Amazon showcased at its annual fall hardware event this week. Updates for Echo smart speakers, an expanded Ring camera inventory and updates to its Eero Wi-Fi extender line were also in the spotlight. Home devices that enable “a silent infrastructure of ambient intelligence to do just about anything” was the through line, according to Wired, with news ranging from pet detection for Astro the robot to a feature called Alexa Shop the Look. Continue reading Amazon Promotes Device Updates at Its Fall Hardware Event

Nreal Debuts Air AR Glasses for Android, PC and Soon Apple

A year after debuting in partnership with Verizon its $599 Nreal Light AR glasses in the U.S., Beijing-based Nreal is releasing the sportier Air AR glasses on Amazon. The $379 price is about $100 less than Air ARs were going for in Asia. The company is also upgrading its Nebula AR OS for augmented reality, including a version for Apple mobile, albeit only those powered by Apple silicon (M1 and M2 chips). In other words, newer iPhones and MacBook Pro and MacBook Air laptops. The Apple and Android/PC visual presentations will be different, at least initially. Continue reading Nreal Debuts Air AR Glasses for Android, PC and Soon Apple

Walmart Begins Metaverse Build-Out on the Roblox Platform

Walmart has planted its flag in the metaverse, launching Walmart Land and Walmart’s Universe of Play on Roblox, a virtual worlds game platform that emphasizes user-generated content. Roblox community members can check out the Walmart “isles” to collect “verch,” or virtual merchandise, “catch top music artists and unlock exclusive interactive content,” the company says. “Roblox is one of the fastest growing and largest platforms in the metaverse, and we know our customers are spending loads of time there,” Walmart CMO William White said, citing the platform’s 52 million daily active users. Continue reading Walmart Begins Metaverse Build-Out on the Roblox Platform