Verizon Will Likely Respond to T-Mobile’s Aggressive Prices

Following a 3 percent drop in market value, Verizon has hinted at plans to get competitive in pricing, which customers will likely appreciate, but investors might not. The telco lost about $4 billion of its value, and some say it’s directly related to the competition among telcos to be the most aggressively priced. T-Mobile has been most notably aggressive in its pricing strategies, attracting new customers and possibly forcing Verizon to lower its fees as well. Continue reading Verizon Will Likely Respond to T-Mobile’s Aggressive Prices

FCC Scheduled to Begin Wireless Airwaves Auctions This Week

The Federal Communications Commission is scheduled to conduct its first major auction of wireless airwaves in six years today. Telecom analysts at New Street Research estimate that national wireless carriers AT&T, Verizon Wireless, Sprint and T-Mobile — along with satellite TV operator Dish Network — will spend at least $46 billion on spectrum over the next two years in a series of auctions. Next year, the government plans to sell coveted spectrum in the 600 megahertz band, used by TV stations, to be resold for wireless use. Continue reading FCC Scheduled to Begin Wireless Airwaves Auctions This Week

Google to Announce Plan for Cloud Computing and Data Storage

For years Google has been evasive about plans for its public cloud for computing and data storage. However, the company is soon to announce pricing, features, and performance guarantees for both startup and multinational companies. Google’s efforts are part of an escalating battle amongst technology companies to control government and corporate computing through public clouds. This battle includes such companies as Microsoft, IBM and Amazon. Continue reading Google to Announce Plan for Cloud Computing and Data Storage

Barry Diller Predicts Increase in Number of Aereo Subscribers

Aereo-backer Barry Diller has stated that the online service may grow to the point that 35 percent of U.S. households subscribe. However, this is largely contingent upon the service’s ability to overcome the legal challenges it currently faces from broadcasters. Individuals in their mid- to late-twenties aren’t highly inclined to pay $100 per month for TV cable packages, rendering Aereo’s $8 package highly attractive, according to Diller. Continue reading Barry Diller Predicts Increase in Number of Aereo Subscribers

Rivalry Between Facebook and Newcomer Snapchat Heats Up

Snapchat users are sending approximately 400 million ‘snaps’ per day, whereas Facebook users are uploading about 350 million photos each day and Instagram users are uploading roughly 55 million photos daily. Snapchat’s 400 million snaps account for both video and photo messages, but it is likely that Snapchat surpasses Facebook on photo volume alone. While some question the validity of Snapchat’s numbers, the company reported 350 million snaps daily in September, up from 200 million in June. Continue reading Rivalry Between Facebook and Newcomer Snapchat Heats Up

Is Facebook Losing Its Edge in Evolving Social Media Market?

When Snapchat turned down Facebook’s acquisition offer of nearly $3 billion last week, it spoke to the changing social media landscape in which Facebook’s role seems to be different than what it once was. Although it is still the biggest social media service on the Web, and continues to attract a number of startups, “Facebook fatigue” has become more widespread among its users in recent years, and it is likely affecting the corporation’s image. Continue reading Is Facebook Losing Its Edge in Evolving Social Media Market?

Senate Commerce Chair Announces Bill to Bolster Online Video

Chairman of the Senate Commerce Committee, Senator Jay Rockefeller (D-West Virginia) introduced the Consumer Choice in Online Video Act yesterday — legislation that intends to safeguard competition in the online video market, by preventing cable and satellite companies from stifling growth of services like Netflix, Hulu and Amazon. The proposal could be good news for consumers who complain about subscriptions that include channels they don’t watch, although industry pushback is likely. Continue reading Senate Commerce Chair Announces Bill to Bolster Online Video

Nintendo to Release $99 Wii Mini Game Console this Month

When Nintendo announced that it was shuttering production of its original Wii game console in order to focus on the Wii U, it seems the Japanese company had some additional plans. Now, Nintendo says its previously Canada-exclusive $99 Wii Mini will be offered in the U.S. on November 17, including a red Wii Remote Plus controller, a red Nunchuk controller and a copy of “Mario Kart Wii.” The release will coincide with new consoles offered by Sony and Microsoft. Continue reading Nintendo to Release $99 Wii Mini Game Console this Month

Twitter Now More Popular Than Facebook Amongst Teenagers

According to Piper Jaffray’s 26th semi-annual teen market research report, Twitter is now a more important social network than Facebook for many teens. The report suggests that 26 percent of teenagers call Twitter their most significant social media site, while 23 percent claim their most important site to be Facebook, down from a high of 42 percent. However, Twitter is not without competition; the photo-sharing site Instagram, for example, is also doing well amongst teens. Continue reading Twitter Now More Popular Than Facebook Amongst Teenagers

Tablet Review: Amazon Launches Kindle Fire HDX this Week

Amazon’s newest tablet, the Kindle Fire HDX, is a good color tablet with a few improvements, but isn’t as versatile as its current rivals, suggests Walt Mossberg. Its best feature could be the video chat-based tech support, activated by its Mayday button. The latest 7-inch screen version starts at $229. Mossberg describes the tablet as a “hardware gateway to buying digital content from Amazon.” The basic model includes ads, but a version without ads can be purchased for an additional $15. Continue reading Tablet Review: Amazon Launches Kindle Fire HDX this Week

Amazon Plans to Release New Set-Top Box for Holiday Season

Amazon plans to release a video streaming device in time for the holiday shopping season. The set-top box, which will reportedly look similar to a Roku player, will feature a platform that runs apps and content from a variety of sources. Amazon has approached multiple app developers and cable TV providers with the hopes of attaining partnerships. The device will be a vehicle for Amazon’s expanding video streaming service that puts the company in competition with Netflix. Continue reading Amazon Plans to Release New Set-Top Box for Holiday Season

Google Products Reflect a Renewed Spirit of Superior Design

Since Larry Page became CEO of Google, the company has been more focused on the elements of design and cohesiveness. Google has been pursuing aesthetic appeal in a way that may allow it to rival Apple, and although the process is gradual, Google products are beginning to show that the company has raised its standards. The change is obvious when examining Google’s mobile apps, its Chromebook Pixel laptop and Google Glass. Continue reading Google Products Reflect a Renewed Spirit of Superior Design

Chinese Investor Envisions Movie Themed Real Estate Project

Wang Jianlin, chairman of Dalian Wanda Group and one of China’s wealthiest investors, announced his plans to build Qingdao Oriental Movie Metropolis. The project, estimated to cost from $4.9 billion to $8.2 billion, would include film studios, resort hotels, an indoor amusement park, movie theaters and a hospital. The metropolis is a sign of China’s efforts to become a world leader in the filmmaking industry. Last year, Dalian Wanda acquired AMC Entertainment for $2.6 billion. Continue reading Chinese Investor Envisions Movie Themed Real Estate Project

Twitter’s Ad Simplicity May Be a Weakness, Despite Revenue

Twitter’s longtime hallmark has been its simplicity, and almost all of the company’s revenue, which is projected to be nearly $600 million this year and $950 million next year, has come from three basic advertising formats. While this simplicity has generated profit, it might put Twitter at a disadvantage, especially in relationship to other social sites such as Facebook that collect more information about individual users in order to sell advertising. Continue reading Twitter’s Ad Simplicity May Be a Weakness, Despite Revenue

IFA 2013: Samsung Smartwatch Targets the Health Conscious

Samsung unveiled a prototype of its new smartwatch at the IFA show in Berlin last week. The Galaxy Gear is expected to rival a new wave of devices from Apple, Microsoft, LG, Sony, Pebble and others. The prototype boasts a high quality AMOLED display, 4-megapixel camera, and tiny speakers in the clasp. For those who are concerned about health and fitness, the watch is able to track health data at the gym, measure heart rate, help devise workouts, and track food intake by taking photos of meals. Continue reading IFA 2013: Samsung Smartwatch Targets the Health Conscious