In the new age of streaming (and often binge-watching) video content across multiple platforms, the distinction between movies and TV shows has become blurred. The Emerging Issues Task Force, a part of the non-profit Financial Accounting Standards Board (FASB), is recommending a change that would impact the profits of today’s TV shows. Calling the difference between such shows and movies as “no longer relevant” for gauging companies’ finances, the new accounting rules would let TV producers track costs the same way movie producers do. Continue reading New Accounting Rules Could Impact the Profits of TV Shows

Amazon’s advertising and e-commerce businesses are growing in strength, challenging the dominance of Google and Facebook. That’s because Amazon holds the key to a very important piece of information for advertisers — what people buy — and the tech behemoth is beginning to leverage that data. Amazon still makes most of its revenue via e-commerce and Amazon Web Services, but in the first three months of 2018, revenue for advertising jumped 139 percent to $2 billion. This shift has advertisers concerned. Continue reading Growing Strength of Amazon Advertising Biz Draws Concern

Drake’s new album “Scorpion” has set multiple Apple Music records; it quickly became the fastest-growing album in the service’s history, topping Apple Music charts in 92 different countries. Meanwhile, according to “confidential details” shared with Digital Music News by a “U.S.-based, major distributor,” Apple Music now has more paid subscribers in the U.S. than Spotify. The report notes that Apple Music and Spotify both have more than 20 million U.S. subscribers. However, Apple’s stronger rate of growth suggests it is on a trajectory to increase its lead in America. Continue reading Drake’s Album Sets Records, Apple Music Surpasses Spotify

European Union Institute researchers, working with the European Consumer Organisation (BEUC), created AI-enabled software to scrutinize the privacy policies of 14 major technology companies for violations of the new GDPR. They found that one-third of the clauses were “potentially problematic” or contained “insufficient information,” with 11 percent of the policies’ sentences using “unclear language.” Among the companies examined were Alphabet, Amazon and Facebook. The researchers did not reveal which companies were in violation. Continue reading AI Software Identifies Violations of EU Privacy Regulations

Facebook plans to stream live boxing and related programming through a new deal with Oscar De La Hoya’s Golden Boy Promotions. Content “will be available to fans in the U.S. on Facebook Watch and globally via the Golden Boy Promotions page on Facebook,” reports Variety. Broadcasts will leverage social features such as “real-time fan interaction and engagement.” However, the bouts will not feature ads. Facebook, which has been experimenting with streaming live MLB games, recently secured deals “with action-sports company Nitro Circus and Fox Sports for Ice Cube’s BIG3 basketball league.” Continue reading Facebook Ramps Up its Live Sports Streaming With Boxing

Amazon acquired online pharmacy PillPack for $1 billion, making it a direct threat to the more than $400 billion pharmaceutical industry. PillPack, a startup founded five years ago, pre-sorts medications and delivers them to customers’ homes in every U.S. state except Hawaii. With the purchase, Amazon will soon have the capability of shipping prescriptions overnight all over the U.S. The e-commerce behemoth will also now have a great deal of information about peoples’ health and prescriptions, a highly regulated arena. Continue reading Amazon Faces New Data Issues With Acquisition of PillPack

Facebook revealed that it made a deal to give dozens of app developers, hardware device manufacturers and software developers special access to user data, despite having stated that it did not release personal information to outsiders starting in 2015. In a 747-page document released to Congress last Friday, Facebook described those deals in much greater detail, and also stated why it believed these special deals were necessary to allow developers and manufacturers to become compliant with changes in its policies. Continue reading Facebook Reveals More Data Sharing Details in New Report

Amazon just announced that its annual Prime Day anniversary sale will offer discounts for a full day and a half this time around. Starting July 16 at 3:00 pm ET and running through July 17, Prime Day 2018 will feature special bargains for its Prime members. Traditionally, the event has offered deals on everything from Amazon’s own Kindle, Fire TV and Echo devices to a wide range of televisions, computers, game consoles, home appliances, clothing, jewelry, furnishings, toys, books, and more. In the past, Lightning Deals introduced steep discounts on specific products for a short period of time. Continue reading Amazon Will Extend its Popular Prime Day Sale to 36 Hours

The Senate Judiciary Committee voted in favor of the Music Modernization Act, which updates music copyright law for the digital age. Tech companies, music publishers, songwriters, musicians and radio broadcasters cooperated to put together the bill, after years of proposing unsuccessful legislation. With this bill closing some of the flaws of past laws, music publishers and streaming services will likely end the constant wrangling and expensive lawsuits that have bedeviled the digital music industry. Continue reading Music Modernization Act Could Impact Copyright, Licensing

Amazon is introducing the Show Mode Charging Dock to provide an easy charge for the Fire HD 8 and Fire HD 10 while keeping them propped up. To debut in a software update on July 2, new Show Mode features will also essentially turn these tablets into a portable Echo Show with weather, time, and news displays in addition to hands-free voice control via Alexa. Putting the tablet on the dock, which aligns via magnets, launches Show Mode; the tablet reverts back to its standard tablet interface when the user removes it from the dock. Continue reading Amazon Show Mode Converts Fire Tablets into Echo Shows

Amazon is expanding its package delivery business in an interesting way: it’s inviting interested parties to form small delivery companies of up to 100 drivers and to lease between 20 and 40 Amazon vans. In this way, Amazon can quickly expand its “last mile” delivery network into turf now dominated by FedEx and United Parcel Service. The company says it is merely responding to the need to handle an increasing number of orders on its platform; analysts estimate that more than $4 of every $10 spent online is on Amazon. Continue reading Amazon to Launch Small Delivery Companies for ‘Last Mile’

The Supreme Court ruled in a 5-4 vote that states have the authority to collect sales taxes from online retailers, even if they don’t have a physical presence in the state. In doing so, the justices closed a loophole that helped Internet sales to grow and also overturned 50 years of its own precedents that banned states from collecting sales tax from companies without such physical presence. The decision did not follow typical ideological decisions, with liberal justice Ruth Bader Ginsburg joining conservative justices. Continue reading Supreme Court Lets States Collect Sales Tax From E-Tailers

Apple ordered two shows, one live-action and the other animated, from Sesame Workshop, the home of “Sesame Street,” and also put a puppet-centric show into development there. With this order, Apple now has 15 original content series in development and said it will begin streaming them in 2019. The crime series “Are You Sleeping” — a production of Reese Witherspoon’s Hello Sunshine company starring Octavia Spencer — will start production on Monday, the first Apple show to do so. Other Apple shows have experienced glitches. Continue reading Apple Inks Deal With Sesame Workshop for Three Programs

According to sources, Roku will debut a marketplace similar to Amazon Channels, allowing consumers to sign up for video subscription services without downloading separate apps on Roku devices. Roku already offers access to HBO Now, CBS All Access and other subscription services via its channel store, but, up until now, consumers have needed to download a dedicated app (which Roku calls a “channel”) onto their device and then sign up for the service. The new marketplace is expected to make it much easier to access such services. Continue reading Roku to Offer Subscription Video Market Similar to Amazon’s

Amazon introduced Alexa for Hospitality this week, a new version of its virtual assistant designed specifically for the hotel industry. Alexa for Hospitality will initially be offered on an invitation basis to locations such as hotels and vacation rentals. The voice assistant will be customized per hospitality location so that customers can interact with an Echo smart speaker to easily adjust room controls, order room service, request housekeeping, ask location-specific questions, contact the front desk, check out, and more. Continue reading New Version of Alexa Coming to Hotels With Echo Speakers