You may soon be able to command “Alexa, Translate” and get sophisticated results. According to sources familiar with the matter, Amazon’s latest aim for Alexa, its popular voice-enabled assistant, is to become a real-time universal language translator. They say the tech giant is “seriously exploring” ways to make Alexa more useful cross-culturally. In order to do so, Amazon must significantly expand Alexa’s current ability to translate basic words and phrases in languages including Spanish, German, French and Italian.

Continue reading Amazon Envisions Alexa as a Universal Language Translator

Improved latency is the biggest selling point for next-generation 5G wireless technology. Verizon, Vodafone and Huawei are demonstrating the impact on wireless video, video games and virtual reality. With 5G, latency will plummet to 1 to 2 milliseconds, versus 4G’s average 50 milliseconds, positively impacting many markets, from medicine to self-driving cars. But, although the U.S. will see the first commercial 5G sometime this year, many emerging markets are still limping along with 3G and hoping for 4G connections. Continue reading Next-Gen 5G Will Unlock VR, Autonomous Vehicles and More

Congress is considering federal rules for cryptocurrency to impose a federal oversight that has thus far been lacking. In the Senate and the House, both Democrats and Republicans — even free-market conservative Republicans — are addressing the risks highlighted by recent events involving fraud and hacking. All parties see the potential risk to the U.S. economy posed by speculative trading of the various popular virtual currencies. Lawmakers propose that the Securities and Exchange Commission lead the issues. Continue reading Bipartisan Support in Congress for Cryptocurrency Regulation

According to the Association of American Publishers, in the first eight months of 2017, based on data from 1,200 publishers, revenue from audiobooks grew 20 percent, compared to print books sales increasing a mere 1.5 percent and e-books losing 5.4 percent. Amazon, which bought Audible in 2008, has been the dominant player, with Audible carving out a unique and profitable portion of the market. But Apple is now attempting to take on its rival with a redesigned iBooks e-book reading application for iPhones and iPads. Continue reading Amazon and Apple Turn Up the Heat in the Audiobook Market

Coincheck Inc., which operates one of Japan’s leading cryptocurrency platforms, lost ¥58 billion ($530 million) of customers’ assets to an unauthorized person from outside the system. The dollar figure represents 523 million units of the virtual currency NEM and is the largest cryptocurrency theft to date. Previously, the loss of $450 million in bitcoin from Japan’s Mt. Gox exchange was the biggest theft. Whether this puts a damper on the white-hot craze for bitcoin and its related virtual currencies remains to be seen. Continue reading Record Cryptocurrency Heist May Lead to Increased Regulation

Nintendo Switch, which debuted in March, is the company’s fastest-selling video game system ever. Its popularity has strained Nintendo’s pipeline, as the demand has outstripped supply in Japan and the U.S. In response, Nintendo raised its internal target for first-year sales from 10 million to 16 million. After several quarters of losses, Nintendo announced $209 million in profits in its October quarterly report, driving Nintendo stock up 75 percent in 2017. The company also finally released a mobile game last year. Continue reading Nintendo on Target to Sell 37M Switch Consoles by April 2019

According to a knowledgeable source, Japan’s SoftBank Group plans to invest about $500 million more in satellite broadband provider OneWeb. That brings SoftBank’s total investment in the company to about $1.5 billion. OneWeb is a U.S. startup focused on providing Internet connectivity worldwide that is faster than current space-based or terrestrial systems. OneWeb founder/executive chairman Greg Wyler reports that the company is currently designing and looking for suppliers for its next-generation satellites. Continue reading SoftBank Invests $500M More in Broadband Provider OneWeb

Newzoo revealed that the global game market is on track to reach $116 billion in revenues this year, up 10.7 percent from the previous year and more than $7.1 billion than Newzoo’s previous estimate. Mobile gaming revenue is responsible for some of the unexpected increase, revised from $46.1 billion to $50.4 billion. Revenue figures from China and Japan are another bright spot. ESports is another sector showing strength, with total revenues possibly reaching $2.5 billion by 2020, $1 billion more than originally anticipated. Continue reading Newzoo Global Games Report Notes Big Uptick in Revenues

The price of a single Bitcoin just reached $10,000 on some exchanges, two months after it topped $5,000 for the first time. That’s a stupendous and unprecedented uptick, given that the Dow Jones Industrial Average in its biggest year (1915) went up 82 percent, which equates to one-tenth of Bitcoin’s rise. The price has been pushed upwards by new buyers from around the globe — Japan and South Korea are hotspots — enticed with the idea of storing money outside of the control of governments and companies. Continue reading Bitcoin and Virtual Currencies Skyrocket, Skeptics Concerned

Bitcoin supporters that wanted to double the number of transactions that run through Bitcoin-supported networks have lost the fight, at least temporarily, to do so. They were opposed by another camp composed of many programmers working on Bitcoin who worried that too rapid expansion would make it easier for a government or company to exert influence over a system prized for being decentralized. Those who wanted to expand Bitcoin wanted to switch to a new software version that would have created a split in the network. Continue reading The Rapid Expansion of Bitcoin Networks Called Off for Now

After more than a decade of limiting tweets to 140 characters, Twitter announced yesterday that the limit has been doubled in most countries. The new 280-character limit has been testing since September in hopes that it would increase engagement. “In addition to more tweeting, people who had more room to tweet received more engagement (likes, retweets, @mentions), got more followers, and spent more time on Twitter,” the company explained in a blog post. Twitter considered expanding character limits in the past, but retreated due to negative response from its community. Continue reading Twitter Doubles the Longstanding Character Limit for Tweets

Amazon, Facebook, Japan’s SoftBank and other technology companies are partnering to build the Jupiter cable system, a new 8,700-mile (14,000 km) transpacific subsea cable that will connect North America with Asia. The Jupiter system will have so-called landing points in two locations in Japan (Maruyama in Chiba prefecture and Shima in Mie prefecture), Daet in the Philippines and another in Los Angeles. Other partners include NTT (SoftBank’s rival), Hong Kong’s PCCW Global, and the Philippines’ PLDT. Continue reading Amazon, Facebook, SoftBank Ally for New Transpacific Cable

After nine months of merger talks, SoftBank has reportedly suspended its plans to combine Sprint with T-Mobile US. This marks the second time in three years that Sprint has backed out of negotiations. According to those familiar with the matter, directors of SoftBank Group Corp. (Sprint’s parent company) met in Tokyo and opted to suspend the merger plans. Insiders indicate that the news came as a surprise to T-Mobile officials. While discussions could be revisited in the future, the same insiders note that the two sides could not agree on the valuation of Sprint’s shares, and SoftBank chairman Masayoshi Son had concerns about relinquishing too much control. Continue reading SoftBank Suspends Negotiations to Merge Sprint and T-Mobile

Demand appears to be outstripping supply for Apple’s new iPhone X, since early order estimated shipment dates have been pushed to December. Online preorders began at 3:00 am ET on Friday in 50+ countries. The phone officially goes on sale on November 3, but the shipping estimate for the U.S., China and Japan is now at five-to-six weeks, at least twice the wait for new models a year ago. For example, when the iPhone 7 and 7 Plus went on sale last year, Apple estimated deliveries in one-to-three weeks. Continue reading Apple iPhone X Shipping Delays: A Supply or Demand Issue?

Cable industry research group CableLabs has completed its updates for Full Duplex Data Over Cable Service Interface Specification (DOCSIS), which means that upload streams will now be as fast as download streams, at speeds of 10Gbps on HFC (hybrid fiber-coaxial) networks. Now, upstream and downstream traffic will stream concurrently, for twice the efficiency. CableLabs says the upgrade will also reduce the need and cost of networks that install fiber to the premises (FttP), otherwise known as the “last mile.” Continue reading CableLabs Announces Next Iteration Cable Broadband Spec