New data from analytics firm Flurry indicates that mobile app traffic is heavy during the middle of prime time television hours. On weekdays, from 7:00 p.m. to 9:00 p.m., more than 50 million U.S. consumers are using mobile apps, according to the research. While mobile app usage has exploded in the last two years, ratings for numerous prime time shows have fallen. However, shows with older audiences are maintaining viewers — and original online programming continues to grow. Continue reading Mobile App Traffic During Prime Time TV Hours on the Rise

Netflix is spending billions as television evolves from a linear delivery model to a world of competing apps and new screens. CEO Reed Hastings released an 11-page paper this week on the company’s investor relations site that outlines ambitious plans for the future. While we’ve heard some of Hastings’ points in the past, the paper offers new insights regarding the transition from traditional linear TV to a new era of Internet-delivered on-demand content. Continue reading Netflix Spends Big in Effort to Lead Internet TV Transition

3D printing company Shapeways, that creates made-to-order products, has raised $30 million from Andreessen Horowitz, Union Square Ventures, Index Ventures and Lux Capital. With the new financial infusion, the company is planning to build factories and bring on new hires. The investment is also expected to enable more companies and individuals access to high-end 3D printers to create and sell their products. Continue reading Shapeways Ready to Become the Amazon of 3D Printing?

The proposed Marketplace Fairness Act — legislation designed to help states force online retailers to collect sales taxes — made it past its first procedural obstacle Monday evening when the Senate voted 74-20 to consider the proposal for debate and amendment. Some anti-tax activists have described the bill as a tax grab, potential bureaucratic nightmare and infringement on states’ rights, while others view it as a necessary step to save brick-and-mortar retailers. Continue reading E-Commerce: Internet Sales Tax Proposal Moves Forward

If its large asking price is met, Facebook could turn its anticipated video-ad units into a more-than-$4 million daily business right from the start. While all the details are not yet finalized, Facebook has been trying to sell agencies on the idea, attempting to secure accounts for the first slots which are to be available in June or July, according to executives. While the price tag is a concern, there is also a question regarding the possible backlash from users. Continue reading Facebook Pursues Agencies to Launch Video-Ad Business

Multiple sources suggest that Peter Chernin, former president and chief operating officer of News Corp., has formally bid around $500 million for Hulu through his Chernin Group holding company, reports Reuters. Chernin helped launch the online video streaming service in 2007, which is currently controlled by Disney and News Corp. (co-owner Comcast relinquished corporate control as a concession when purchasing NBCUniversal). Continue reading Insiders Say Peter Chernin Bidding $500 Million for Hulu

California Assemblymember Bonnie Lowenthal (D-Long Beach) has introduced AB 1291, an update to California law that intends to broaden the definition of personal data and make information more accessible to consumers. The “Right to Know Act” would force businesses to inform customers what data is being used and where it is being shared on the Web. The bill comes after increased lobbying efforts from privacy groups. Continue reading Proposed Bill Gives Consumers Access to Personal Data Info

American Express confirmed that its website had come under attack last week. The assault, which took the site offline for two hours, marks the latest in a string of powerful digital attacks on American financial institutions that began this past September. JPMorgan Chase and others experienced a similar attack this month. The assaults collectively resulted in the loss of millions of dollars. Continue reading U.S. Financial Institutions Become Targets of Cyberattacks

Amazon announced it will purchase the popular book discovery and recommendation website Goodreads, a social service that centers on book recommendations and reviews. The acquisition — which comes at a time when readers are increasingly turning to tablets and e-readers to search for authors and books — could help push Amazon ahead of competitors Apple and Google in e-book retailing. Continue reading Amazon to Acquire Goodreads for Competitive E-Book Edge

Atari founder Nolan Bushnell released a new book this week called “Finding the Next Steve Jobs: How to Find, Hire, Keep and Nurture Creative Talent.” The book sets out to answer the popular Silicon Valley question: “Who is the next Steve Jobs?” and, in the process, offers advice on how to launch the next Apple or Atari. Bushnell was one of the first to hire Jobs and later turned down the chance to own one-third of Apple during its early years. Continue reading New Book from Nolan Bushnell: Finding the Next Steve Jobs

The online streaming service HBO GO, which allows subscribers to watch their favorite HBO content via mobile devices and PCs, may be revamping its access. The premium cable channel is considering teaming with broadband Internet partners in order to provide its service to customers who do not subscribe to a cable TV service. This could lead to competition with popular streaming sites such as Netflix and Amazon Instant Video. Continue reading HBO GO to be Packaged with Broadband Internet Services?

Alex ‘Sandy’ Pentland is one of the world’s most-cited computer scientists and was also named one of the world’s seven most powerful data scientists by Forbes. As a pioneer in Big Data, he discusses his distinctive view of the field, revealing his belief in the power of Big Data to inform about people’s behavior rather than just about their beliefs. Pentland is also interested in how that concept relates to business. Continue reading Big Data Pioneer Excited About Reinventing Human Society

Large media companies like Viacom are seeing financial growth coming from digital devices, on which consumers are accessing streaming services such as Netflix. While this seems like a win for Viacom, as it collects on money paid by Netflix for the right to provide shows it has already aired on traditional TV, it might also backfire as more users become accustomed to watching online rather than on television. Continue reading Making Netflix Deals: Does It Hurt Big Media Companies?

Jim Donald, CEO of Extended Stay America, stepped into his position one year ago and realized employees were afraid to take risks as the company attempted to restart after emerging from bankruptcy. Many were worried about losing their jobs and so avoided decisions that might cost the company money, like making property repairs. So Donald came up with a solution: Get Out of Jail, Free cards. Continue reading Execs Find Ways to Encourage Risk-Taking and Creativity

Verizon Communications wants to switch up the way things work in the pay TV industry. Presently, the provider pays fees in order to carry various TV channels, but the company is proposing to tie those fees directly to how many viewers actually watch the channels. Verizon, whose FiOS TV is the sixth-largest pay TV provider in the nation, has begun talks with several smaller media companies about the prospect. Continue reading Verizon Proposes to Pay for Channels Based on Audience