In a move that surprised Wall Street, Google created Alphabet Inc., a new publicly traded parent company. Google will be a subsidiary of Alphabet, with Google executive Sundar Pichai as its new CEO. Co-founders Larry Page and Sergey Brin will run Alphabet, which will include all of Google’s other ancillary businesses. Brin will also run Google X, the company’s experimental laboratory. Since the announcement was made after the close of trading on Wall Street, Google shares rose 6 percent in after-hours trading. Continue reading Google Now a Subsidiary of New Parent Company, Alphabet Inc.

Google Cloud Platform announced the public beta of Zync, its cloud-native rendering solution. Google acquiredZync last August to incorporate specialized computing capabilities for visual effects production in the cloud.  According to Google’s representative, “As part of Zync, artists will get access to 1,600 dedicated Compute Engine cores to power your V-Ray, Arnold and Nuke-based renders. Integration of the upcoming release of the popular Renderman software with Zync by Google Cloud Platform was also announced. Continue reading SIGGRAPH 2015: Google Cloud Announces Cloud-Native Rendering

The emergence of Stagefright, a malicious code that targets Android phones, has impacted all mobile companies using the Google operating system. Google has already fixed the problem in its own line of Nexus phones and tablets, and now plans to supply monthly security updates wirelessly. Both Samsung and LG have also announced they will be issuing a monthly security update; other impacted mobile phone manufacturers include Sony, HTC and Android One, all of which have provided or plan to provide Stagefright patches. Continue reading Mobile Companies Face Stagefright, Android Security Issues

Google, which enjoyed enormous popularity and usage numbers in the European Union, now suffers blowback from information revealed in the NSA documents leaked by Edward Snowden. Not long ago, free-speech advocates in many countries applauded Google for shutting down its China site rather than face censorship, and Google has also been seen on the right side of history during the Arab Spring and in Syria. But now, the EU is accusing the tech giant of abusing its power — and it is looking for payback via an antitrust suit. Continue reading Google’s Fall From Grace in EU Culminates in Antitrust Suit

The Chinese government stated it will place cybersecurity police units at the country’s major Internet companies and websites, to prevent fraud, other illegal activities and the amorphously phrased “spreading of rumors,” reports the state-owned Xinhua News Agency. The Internet in China is monopolized by three major companies: e-commerce site Alibaba, Tencent for gaming and messaging, and search engine Baidu. Neither Facebook nor Google operate in China; LinkedIn, which has agreed to China’s cybersecurity measures, does. Continue reading China Ratchets Up Internet Control with On-Site Cyber Police

The bulk of advertisers’ dollars still end up on television, but digital advertising is playing catch-up. Most recently, Facebook revealed quarterly revenue numbers that jumped 39 percent, nearly three-fourths of which comes from advertising on mobile devices. Users are spending an increasing amount of time on Facebook and Facebook-owned properties such as Instagram and Messenger. That coincides with advertisers’ interest in digital advertising’s ability to more narrowly target specific demographics. Continue reading Facebook, Google Capture Major Share of Advertising Dollars

MPEG LA announced a call for patents for MPEG-DASH (Dynamic Adaptive Streaming over HTTP), to the dismay of many industry watchers. When MPEG-DASH first debuted in 2011, the issue of royalties wasn’t raised and DASH was quickly and widely deployed, in everything from browsers to smart TVs. The problem is that DASH is an integral part of HTML5, which is beginning to displace Flash. With the specter of patents looming, some software vendors could find royalties to be an obstacle to staying in business. Continue reading MPEG LA Calls for Patents to Organize Joint DASH License

U.S. Senator Al Franken (D-Minnesota) highlighted the findings of a just-released GAO (Government Accountability Office) report focusing on the privacy implications of facial recognition technology. The report details concerns about the practices of companies that collect, use and store massive amounts of personal information. Franken, chair of the Judiciary Subcommittee on Privacy Technology and the Law, pointed to the report’s findings as more proof that federal standards are needed. Continue reading GAO Report Looks at Privacy Concerns of Facial Recognition

According to new data released by the American Customer Satisfaction Index, user satisfaction with social media platforms is on the rise, led by Facebook’s recent success with its mobile app and improved ad targeting. In terms of customer satisfaction, Facebook was ranked the lowest social media site in 2012, but has since worked its way up to the middle of the pack, behind Pinterest, Wikipedia, YouTube, Instagram and Google+ (in that order). ACSI currently has Facebook ranked ahead of Twitter, Tumblr and LinkedIn. Continue reading ACSI: Customer Satisfaction of Facebook Users on Upswing

Verizon Communications has signed a multiplatform deal with HBO that will allow the telecom to offer HBO’s standalone streaming video service to more than 100 million wireless customers in addition to non-Verizon mobile device users. Verizon will offer HBO Now on its upcoming mobile video platform (reportedly to be called Go90) and to its DSL and FiOS broadband customers for $15 a month. Verizon is the latest distributor for HBO’s OTT offering, which initially launched in early April with Apple and Cablevision Systems. Continue reading Verizon to Offer HBO Now to Broadband, Mobile Video Subs

Nokia Technologies launched a 360-degree 3D VR camera targeted at professional content creators, and, in the process, rebranded itself. The company sold its mobile phone business to Microsoft in 2013. The new VR camera, dubbed OZO, which was unveiled in Hollywood and is slated for a Fall 2015 release, features eight lenses, each of which captures 2Kx2K resolution, and eight microphones to capture and create spatial audio. Nokia also plans to enable live broadcasting to VR headsets. Continue reading Nokia Introduces 360-Degree VR Camera for Pro Filmmakers

According to a new report from eMarketer, photo and video sharing app Instagram, which does not have a desktop ad product, is projected to bring in $595 million in mobile advertising revenue worldwide this year. The report predicts the Facebook-owned network will reach $1.48 billion in mobile ad revenue in 2016 and $2.81 billion the following year. By 2017, eMarketer expects Instagram will account for more than 10 percent of Facebook’s total ad revenue and, in the U.S., Instagram will have higher net mobile display ad revenues than Google and Twitter.

Continue reading Instagram to Generate $595M in Mobile Ad Revenue in 2015

At a conference hosted by NASA, Amazon described a plan that would split U.S. airspace into specific heights for various types of unmanned aerial vehicles. A high-speed transit zone, from 200 to 400 feet above the ground, would be reserved for the kind of delivery drones being developed by Amazon and others. Consumer and industrial drones would be restricted to below 200 feet, and aircraft would fly above 500 feet, with a 100-foot no-fly zone. All drones would be banned from in and around airports. Continue reading Amazon Proposes Zones for Drones, Ensuring Safe Air Travel

ABI Research projects that 43 million virtual reality devices will ship by 2020. Compare that to the 1.5 million Google Cardboards expected to ship by the end of 2015. That virtual reality and augmented reality is growing is no surprise, given the involvement of major industry players including Google, Samsung, Microsoft and Facebook. But perhaps nothing paints a better picture of VR’s growing clout than a look at the number of devices predicted to ship, from Oculus Rift’s head-mounted display to Google Cardboard’s inexpensive glasses. Continue reading Report Estimates 43 Million VR/AR Devices to Ship by 2020

New Form Digital Studios announced it has signed YouTube stars PJ Ligouri and Sawyer Hartman for a pair of video series to be made available exclusively through Vimeo On Demand. Ligouri and Hartman, who collectively have more than 3 million YouTube subscribers, were awarded deals after creating shorts with New Form Digital, the MCN backed by Brian Grazer, Ron Howard and Discovery Communications. Jim Henson’s Creature Shop has been tapped to create the mythical beasts for Ligouri’s series, “Oscar’s Hotel for Fantastical Creatures.” Continue reading YouTube Stars to Launch Video Series via Vimeo On Demand