Social news and entertainment site Reddit was one of the most shared channels linking to controversial celebrity photographs reportedly hacked from iCloud accounts. In the six days prior to Reddit’s removal of the photos, the site earned enough revenue to run its servers for a month. This is based solely on Reddit Gold, and does not include ad revenue from the quarter billion page views. As Reddit seeks a new round of investments, the site’s belated removal of the page is not considered a coincidence. Continue reading Reddit Earns Significant Revenue During Celeb Photo Scandal

Microsoft has agreed to purchase Mojang, the Swedish company responsible for developing the world-building computer game “Minecraft.” The $2.5 billion cash deal, expected to be completed later this year, will bring the immensely popular title — and the Stockholm-based Mojang team — to Microsoft Studios, which publishes blockbuster game series such as “Fable” and “Halo.” “Minecraft” is currently the most popular online game on Xbox, and the top paid app for iOS and Android in the U.S. Continue reading Microsoft to Pay $2.5 Billion for Mojang, Maker of ‘Minecraft’

Startup QuickFire.TV helps news and sports broadcasters encode their videos for playback on 20 different platforms at lightning fast speeds, making it faster to distribute video content online. QuickFire claims its cloud-based solution transcodes video ten times faster than real-time, thanks to its complete stack infrastructure with Intel Core i7 processors. QuickFire also offers a set of APIs that allows video producers to create custom workflows and tools for uploading videos. Continue reading QuickFire.TV Transcodes Broadcast Quality Video in Seconds

Israel-based Vidmind plans to unveil the second generation of its Android set-top box this week at IBC in Amsterdam. The company hopes to attract cord cutters with an offering that combines over-the-air broadcast TV with live streaming and on-demand content. Meanwhile, TiVo has announced its 24TB TiVo Mega, slated for launch early next year. For $5,000 you can record six shows at once and store up to 4,000 hours of HD programming (or 26,000 hours of SD content). It also includes free TiVo service for life. Continue reading Vidmind Debuts Next-Gen STB, TiVo Readies New 24TB DVR

Country music entertainer Garth Brooks has launched a new online music store called GhostTunes. Brooks is one of the few artists that has rejected iTunes and other electronic commerce methods that rely largely on individual track sales. Through GhostTunes, artists can sell their albums the way they want to at prices similar to those of iTunes. While Brooks made his first digital bundle available for just $29.99, millions of other songs are available, from performers such as Coldplay and Eminem.  Continue reading GhostTunes: Cloud-Based Digital Locker Alternative for Music

Apple CEO Tim Cook confirmed that the hackers responsible for recently leaking nude photos of celebrities were able to break into the celebrities’ iCloud accounts. The company plans to add additional security alerts to help prevent future security breaches. In the next two weeks, Apple users will start receiving notifications when someone tries to change an account password, restore iCloud data to a new device, or when a new device logs onto the account for the first time. Continue reading Apple to Add Security Alerts Following Celebrity Photo Leaks

Google is competing with fellow tech giants Microsoft and Amazon to offer businesses the best options for their employees, from laptops to software to cloud services. The company’s Google Drive for Work is designed to help co-workers share files, even if they were created in a Microsoft or Lotus program. Also, the company’s new pitch to workplaces has featured its cloud services, which provides computing power, storage, application storage, and mobile support for businesses’ online presence. Continue reading Google For Work: Software, Cloud Services Target Enterprise

Foreign film fans may have a new reason to get excited. Israeli startup VideoDubber is introducing a new technology that could address complaints of subtitles in media content. The company claims that its TruDub technology can automatically dub films, TV shows and video into more than 30 languages including Arabic, Chinese, Spanish, and four dialects of English. The service uses synthetic voices that it says sound natural since they are based on professional voice talent. Continue reading VideoDubber Automatically Dubs Video into 30+ Languages

Google plans to make special effects more affordable and accessible. Yesterday, the company announced that it has purchased Boston-based Zync, the maker of cloud-based rendering software Zync Render, which has been used in movies such as “Flight,” “Looper,” “Star Trek Into Darkness” and the “Transformers” series. While terms of the deal have yet to be disclosed, Google is expected to integrate Zync’s data and tech into its Google Cloud Platform, and move Zync off Amazon Web Services. Continue reading Google Acquires Effects Startup Zync, Takes on Amazon Cloud

NimbleTV now allows users to stream live TV for free, no matter where they are. The cloud-based service can stream via computer, Android phone, iPad, iPhone, Roku and Apple TV. With any cable subscription, users can view the same channels as they can on their television, with the option to search for favorite shows. While expansion to nine other cities is expected this year, the user’s choice of cable company is currently limited to a subscription from an address in New York or Chicago.

Continue reading Cable Subscribers Can Watch TV from Anywhere via NimbleTV

AT&T plans to make LTE Broadcast technology available sometime next year. Also known as LTE Multicast, the technology is based upon evolved Multimedia Broadcast Multicast Service (eMBMS), which allows for content to be sent to a large number of subscribers simultaneously, leading to a more efficient use of network resources. AT&T plans to use Qualcomm’s 700MHz D and E Block spectrum that it acquired in 2011. Content delivery is expected to change dramatically with the new service. Continue reading AT&T Expects to Begin Deployment of LTE Multicast in 2015

According to videos recently posted to YouTube, Best Buy will offer a smart home hub through a $9.99-per-month service called Peq, which is provided by the newly launched SmartHome Ventures. Ted Schremp, CEO of SmartHome Ventures, suggests that Peq makes setting up and operating home automation and security very simple. Best Buy will become the fourth major retailer to join the home automation space following Lowe’s Iris, Staples Connect and Home Depot’s deal with Wink-Quirky. Continue reading Best Buy Plans to Offer Smart Home Hub via New Peq Service

Toggle, a participant in the second annual Media Camp accelerator program at Warner Bros., has developed a small, affordable, Wi-Fi-enabled HDMI device that it claims acts as a “physical key” to UltraViolet lockers. Toggle believes that its dongle (which looks similar to Google’s Chromecast) would eliminate the need for retailers and content companies to create silos for delivering their content to television. Via Wi-Fi, the dongle would stream UV content to HDMI-equipped TVs. Continue reading Toggle Planning a New HDMI Dongle to Help Boost UltraViolet

Visual effects and animation workflows — and the technology to make them more powerful, flexible and cost-efficient — are a focus of attention as SIGGRAPH 2014 opens its exhibit floor this week to computer graphics and tech professionals in Vancouver. Nvidia’s next gen Quadro processors, announced this morning, are indicative of tools and technology designed to handle greater complexity and higher resolution; incorporate cloud services; and access projects remotely, often via mobile devices. Continue reading SIGGRAPH 2014: Nvidia Unveils Next Generation Quadro GPUs

In May, Chinese e-commerce company Alibaba filed for a public stock offering in the United States. However, this fast growing company still has a way to go before it will be able to compete with the American tech giants that currently control the multibillion-dollar cloud computing business. For now, Alibaba appears to be focusing on expanding in China, where it already has four data centers and handles up to $5.8 billion in commerce per day at its peak. Continue reading Alibaba Growing, But Not a Threat to Top Cloud Services Yet