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

Sony is opening a drone company, called Aerosense, in partnership with Tokyo startup ZMP, Inc. The drone business, which will focus on business clients, will be half-owned by the two companies. ZMP’s expertise is in autopilot technology and the Aerosense devices will feature Sony image sensors, which are also used in Apple’s iPhone and Samsung’s Galaxy smartphones. Sony plans to market drone services rather than the drones themselves. Aerosense faces tremendous competition in the burgeoning drone marketplace. Continue reading Sony Enters Drone Market in Venture with Tokyo Startup ZMP

Researchers in Tokyo have developed a way to print electrodes directly onto material, featuring highly conductive elastic ink that could be used to measure heart rates and report vital statistics. If researchers can make the technology robust and washable, then stretchable, sensor-loaded clothing could become a future trend in commercial wearables. Sportswear, for example, is one area that could benefit. Google’s Project Jacquard, NTT DoCoMo and chemical company Toray Industries are among those developing smart fabric technology. Continue reading Next Wearables Could Use Smart Fabric with Conductive Ink

In the wake of E3, Sony has announced that its new PS4 will be thinner, lighter and pack more storage than its predecessor. The new PlayStation 4 1TB Ultimate Player Edition, coming to North America next month, will weigh 10 percent lighter than the current PS4 and use 8 percent less power. The new console will come in black or white with a hard drive bay cover in a matte finish, which Sony suggests provides “a more casual look.” Earlier this month, Microsoft confirmed that its latest Xbox One would feature 1TB of storage and an upcoming wireless controller. Continue reading Sony Announces 1TB PlayStation Will Be Thinner and Lighter

The Interactive Advertising Bureau conducted a survey across 24 countries regarding smartphone video viewing. According to “Mobile Video Usage: A Global Perspective,” mobile screens are increasingly being used to stream longer-form video. Findings indicate that 36 percent of consumers watch videos daily that are 5 minutes or longer. Full movies and TV shows are also viewed on mobile screens, especially in China. Respondents (including 50 percent in the U.S.) indicate that their video viewing on smartphones has increased year-over-year. Continue reading Study: More Streaming of Long-Form Video on Mobile Screens

Official FIDO certification for 31 products — from physical devices to login services — has been issued to 18 companies, marking the first certification under the new spec that aims to foster alternatives to password authentication and provide new opportunities for interoperating services. Systems compatible with FIDO can accept logins from any certified device, such as a fingerprint reader or voiceprint detector. Google’s all-purpose login service was certified as a universal two-factor server, and Yubico received certification for two USB security keys. Continue reading FIDO Certification is First Step for a World Without Passwords

Journalist Adrian Pennington forwarded us news that NHK is expected to be at Wimbledon in June for behind closed doors testing of 8K Super Hi-Vision. The tests will be conducted with IMG and the All England Lawn Tennis Club. Wimbledon host broadcaster BBC worked previously with NHK on Super Hi-Vision, including transmissions to Washington and Japan during the London 2012 Summer Olympics. “8K broadcasting is on the verge of becoming a reality, and it will undoubtedly become the mainstream past 2020,” predicts Hitachi COO Sean Moran. Continue reading NHK Plans to Perform 8K Super Hi-Vision Tests at Wimbledon

Worldwide recorded-music revenue fell below $15 billion in 2014 for the first time in years, but the growth of streaming music services may have helped slow the decline, according to a new report from the International Federation of the Phonographic Industry. For the first time, digital music sales exceeded CD sales. Revenue from streaming services rose 39 percent, and if the trend continues, the music industry might start to see a rise in revenue as early as next year. Continue reading Streaming Services May Revive Falling Music Industry Revenue

Quantel took the stage at the NAB Show earlier this week to announce an upcoming upgrade to its Pablo Rio color grading and finishing system. The software improvement will support 8K Ultra HD. “According to Quantel, its software upgrade allows colorists to work and playback their material in real time and at resolutions up to 8K and frame rates up to 60 frame per second, allowing them to complete today’s requirements and, possibly, future requirements,” notes The Hollywood Reporter. Continue reading NAB 2015: Quantel Upgrades Pablo Rio System with 8K Support

After several months of discussions, the International Federation of the Phonographic Industry has officially declared Fridays as the release day for all new music albums. In today’s digital era, music listeners want to have access to albums the moment they are available anywhere in the world. Rather than staggering the releases on different days in different countries, the universal release approach aims to combat piracy. There is no word yet on when this new distribution model will take effect. Continue reading Global Trade Group Proposes Universal Release Day for Albums

The European Union drafted a new data-privacy policy that it hopes will be adopted around the world. The policy would require companies to include the “right to be forgotten” option so that people could ask for their links to be removed and to ask users for explicit consent to use their personal data. Europe is looking to have more influence on the Web, which is currently dominated by U.S. companies. Representatives from the EU are lobbying other countries to institute the policy. Continue reading Europe Writes Internet Rules to Take Greater Role on the Web

SoftBank has plans to release a line of consumer robots in Tokyo this summer. The humanoid robot, known as Pepper, stands four feet tall, rolls around on wheels and effectively engages in simple conversations with people. The company predicts that robots will one day emerge as the next mass-market technology assisting people in a wide variety of applications. Pepper, developed by French subsidiary Aldebaran Robotics, will be connected to SoftBank’s mobile network in Japan that currently has about 37 million subscribers.  Continue reading Pepper: SoftBank to Launch its Sophisticated Consumer Robot

Netflix can be credited with bringing over-the-top (OTT) streaming services to the viewer’s attention, most notably with its 2013 debut of the acclaimed series, “House of Cards.” OTT content is growing by leaps and bounds and was the focus of an HPA Tech Retreat panel on “Post in the Era of Over-the-Top,” moderated by Entertainment Technology Consultants’ Loren Nielsen. The panel, which examined how companies are creating and finishing content in a new era of streaming and mobile, included Stephen Beres of HBO and Sara Duran-Singer of Netflix. Continue reading HPA Tech Retreat: Production, Distribution in Streaming Era

Sony recently announced that it plans to replace its Music Unlimited service on the PlayStation Network with popular digital music service Spotify. Come March 29, PlayStation users will be able to connect their Spotify accounts, both free and premium, to run through the PlayStation Network and stream music while they play games. The new partnership could generate new subscribers for Spotify and help it take on competitors, since Sony’s PlayStation Network currently has about 64 million active users. Continue reading Sony to Add Spotify Music Service to its PlayStation Network

Samsung has ambitious plans for its Tizen operating system, which the South Korean manufacturer is promoting as an alternative to Google’s Android. After launching an affordable mobile phone powered by Tizen in India, Samsung’s next goal is to equip half of all its TV sets with the Tizen operating system this year. At CES this month, Samsung said it aims to sell 60 millions TVs in 2015, 30 million of which would be powered by Tizen. The company hopes that by 2017, all of its Internet-connected TVs will be Tizen-enabled sets. Continue reading Samsung Sets High Goals for Future of Tizen-Powered TVs