A study commissioned by Facebook found that the social network currently accounts for $227 billion in global economic impact and has helped create 4.5 million jobs. The company claims that its social network drives smartphone purchases and creates job in both tech and non-tech industries. However, independent economists believe those numbers may be overstated because Facebook and Deloitte, the company that prepared the report, may have used incorrect assumptions. Continue reading Economists Question Claims of Facebook Global Impact Study

Stanford engineers have created the next step in interactive gaming — a video game controller that can sense a player’s emotions. The handheld game controller can monitor a player’s brain activity to decipher when a user is extremely engaged or bored, which could trigger zombies or another element of the game to be thrown at them to catch their attention. Gregory Kovacs, a professor of electrical engineering at Stanford, created a prototype controller in his lab in collaboration with Texas Instruments. Continue reading Engineers Developing Emotion-Based Video Game Controller

The possibility of 360-degree sports coverage using Google Glass is expected to be a hot topic this week at the annual Consumer Electronics Show. As sales of wearable technology have skyrocketed in just the past couple of years — almost 300 percent in 2012 alone — such technology’s potential is being tapped by developers and sports fans alike. The latest idea is to be able to broadcast dozens of perspectives of Google Glass wearers during the same event. Continue reading Google Glass Views Could Join Sports Broadcasting Efforts

Kumu Networks hopes to provide a solution to the increase of smartphone users and data demands on wireless networks. Kumu claims that its technology can double the capacity of cellular and Wi-Fi communications by challenging the idea that mobile devices cannot transmit and receive data on one frequency at the same time. The Stanford University startup first emerged in 2011 when the team wrote a paper claiming two-way traffic could be carried simultaneously through a specific chunk of radio spectrum.

Continue reading Wireless: Startup Envisions Doubling Use of Radio Spectrum

A team of engineers at Stanford University has built the first functioning computer that uses carbon nanotubes rather than the standard silicon. The new material for building transistors could dramatically impact the way computers work in the future. While others have discussed the possibility of carbon nanotubes for years, Stanford’s team is the first to put them to practical use. The material could launch a new generation of devices that run faster and use less energy. Continue reading Stanford Scientists Build Computer Using Carbon Nanotubes

As part of its move into the online shopping space currently dominated by Amazon and eBay, Twitter has hired Nathan Hubbard as the company’s first head of commerce. Hubbard was president of Live Nation Entertainment’s Ticketmaster until earlier this month. Twitter plans to initially enter e-commerce by offering retailers tools for selling goods and services inside tweets. Forrester projects e-commerce will be a $370 billion market in the U.S. by 2017. Continue reading Twitter Hires Commerce Chief, Plans to Offer Shopping Tools

Two months after Instagram introduced video to its popular app, the company has acquired video sharing app Luma (formerly Midnox), which provides users with a variety of filters and adjustment controls including brightness, contrast, saturation, exposure and more. Luma also has stabilization technology that could help Instagram with its Cinema stabilization feature. The Luma app is no longer available via iTunes, although the company will offer support through the end of the year. Continue reading Instagram Acquires Video Sharing App and Stabilization Tech