In December 2015, Verizon stated it was interested in acquiring all or some of Yahoo, which has been struggling for years with leadership changes and an inability to successfully exploit rising trends such as mobile. Now, Verizon has gone a step farther and given Tim Armstrong, chief executive of its AOL unit, the mandate to lead discussions with Yahoo about the potential for acquisition. Armstrong, a former Google sales executive, has known Yahoo chief executive Marissa Mayer, also a former Google executive, for years. Continue reading Verizon’s AOL Chief Exec Talks Potential Purchase with Yahoo

Google just indicated one of its future initiatives when Amit Singhal, who oversees the Google search engine, stepped down, and was replaced by John Giannandrea, who oversees Google’s work in artificial intelligence and, by association, what’s called “deep learning.” Google has already used deep learning to reinvent Search, via RankBrain, a deep learning system to generate responses to search inquiries. As of October of last year, RankBrain has grown to handle a “large fraction” of the queries to the search engine. Continue reading Google Sees Future in Artificial Intelligence and Deep Learning

Although CBS has yet to release official figures, the network claims yesterday’s Super Bowl matchup between the Denver Broncos and Carolina Panthers drew a record number of viewers who streamed the game. NBC broke streaming records last year with 800,000 viewers per minute on average and about 1.3 million concurrent users. Eclipsing the previous year’s numbers should come as no surprise since today’s consumers are more comfortable with streaming, and CBS made the game easy to access for free via OTT devices including Apple TV, Roku and Xbox One. Continue reading Super Bowl 50 Sets New Streaming Record, According to CBS

After determining that the broadcast rights to “Thursday Night Football” would be split between CBS and NBC, the National Football League is now deciding who will win the games’ digital streaming rights. Although the NFL has been mum on which companies it’s negotiating with, sources say that Apple, Amazon, Google and Verizon are vying for the rights, which could be sold to more than one distributor. Even if one outlet gets the digital rights, they won’t be exclusive, since CBS, NBC and NFL already plan to stream the games. Continue reading Apple, Google, Amazon, Verizon Vie for NFL Streaming Rights

On February 10, YouTube will release a slate of original content, including three movies and an adventure series, to convince viewers to sign up for its new $9.99/month subscription service, YouTube Red, currently only available in the U.S. The content features personalities with major YouTube followings, such as PewDiePie (Swedish gamer Felix Kjellberg), whose channel has nearly 42 million fans. YouTube global head of original content Susanne Daniels also sees the possibility for more standard premium content in the future. Continue reading YouTube Debuts Original Content on Red Subscription Channel

After three months of often-tense meetings, Europe and the U.S. agreed to a pact to enable digital data to move back and forth across the Atlantic. Negotiating beyond the January 31 deadline, European and U.S. officials hammered out details of the “EU-US Privacy Shield,” which will enable Google, Amazon and thousands of other businesses to continue operations. But the agreement isn’t out of the woods: it still faces official approval by the EU’s 28 member states, and EU privacy advocates have vowed to oppose it. Continue reading EU and U.S. Agree to Data Privacy Pact, Now Awaits Approval

Mobile will “rip through the Internet and traditional media,” says AOL chief executive Tim Armstrong, who was interviewed by Fortune editor Alan Murray at the MPA’s American Magazine Media Conference in New York. Armstrong, who’s been in his role since 2009, believes we’ll see dramatic growth in mobile over the next 30 years, dwarfing the Internet, which he previously thought was “the biggest thing to ever happen in my lifetime.” Verizon bought AOL last year for $4.4 billion. Continue reading AOL’s Tim Armstrong Sees Major Growth in Mobile Ecosystem

Google’s parent Alphabet finally sailed past Apple as the world’s most valuable company, as shares rose 4.2 percent, to a market capitalization of about $560 billion, compared to Apple’s $539.7 billion. Alphabet posted 14 percent revenue growth in its core Internet businesses, including search, YouTube and Android, rising to $74.54 billion from 2014’s $65.67 billion. Revenue from its “Other Bets,” or moonshots, rose 37 percent to $448 million, up dramatically from the $12 million in revenue reported in 2013. Continue reading Alphabet Tops Apple, Still Growing Core Business, Other Bets

As big companies such as General Electric and Netflix close down their data centers and move operations to the cloud, Amazon and Microsoft are enjoying rising revenues in their cloud operations — and increasing competition between each other. In the process, they’re also gaining dominance over rivals including Google and IBM. Recently, GE has reported whittling down its reliance on data centers from 34 to four. Netflix closed its last data center at the end of last summer. Continue reading Amazon, Microsoft Lead Boom in Cloud Services for Enterprise

While Facebook, Google and Microsoft have already invested significant resources in developing virtual reality and augmented reality, Apple is just getting started. The tech giant acquired an augmented reality startup called Flyby Media, which develops technology for image-recognition on smartphones. Flyby Media previously worked with Google on “Project Tango.” Apple also hired Doug Bowman, an expert in human-computer interaction and immersion in virtual environments. Continue reading Apple Steps Up Its VR Efforts with Acquisition of Flyby Media

Baidu, a Chinese company best known for its Internet search engine, has entered the competition with other Internet companies and automobile manufacturers to create an autonomous vehicle. The company has already invested heavily in artificial intelligence and developed software called the Baidu AutoBrain System, which automatically records 3D road data and recognizes objects and road lanes. This expertise may help Baidu gain an edge over Google, General Motors, Tesla and Ford. Continue reading Baidu Joins the Race to Get Self-Driving Vehicles on the Road

Award-winning filmmakers and video reporters Nonny de la Peña, Sandy Smolan and Ben Solomon, along with ABC News Digital executive Dan Silver, took part in a wide-ranging discussion about immersive journalism at the 2016 Sundance Film Festival this past week. Among the ideas expressed were the importance of choosing the right stories for the virtual reality medium, of telling them with filmic finesse to maintain audience interest, and of designing the role of the on-screen reporter. Noted as on the near horizon for immersive reportage were real-time streaming, interactivity, and live action capture with the aid of videogrammetry. Continue reading Immersive Journalists Talk Real-Time and Long-Form VR News

Facebook announced yesterday that it plans to shutter Parse, its toolkit and support platform for mobile developers the company hoped would serve the Internet of Things and lead to a cloud business that could compete with Amazon, Google and Microsoft. Parse provides developers with support and tools that enable programmers to write code rather than spend valuable time maintaining the back end. Users of the platform include developers at productivity app Quip and Expedia’s travel website Orbitz. The social giant paid a reported $85 million to acquire Parse in 2013. Continue reading Facebook Makes Decision to Shutter Services Platform Parse

Google is partnering with Movidius, a semiconductor startup, to begin developing technology that would allow mobile devices to do more heavy computing such as machine learning and image recognition. Movidius specializes in computer vision, so Google has licensed its MA2450 chip to help build image-recognition capabilities. The chip has 12 cores and was chosen for its low power consumption and hefty processing power. Image recognition could be used in all sorts of apps to identify objects and people. Continue reading Google Pursues Bringing Machine Learning to Mobile Devices

Federal Communications Commission chairman Tom Wheeler has just proposed updating rules for television set-top boxes, in order to lower cable bills and provide more access to Internet-based programming. Consumer advocates supporting the change say the move would increase competition, giving the consumer choices over whether to use the service provider’s set-to-box/cable app or competing devices and apps. That competition could be advantageous to TiVo, Alphabet’s Google unit and other alternative STB providers. Continue reading FCC to Shake Up Set-Top Box Dominance, Impact Competition