Having long surpassed the largest pay-TV providers in the United States in terms of subscribers, Netflix is now the most popular source of TV content among U.S. consumers. That’s according to a recent survey conducted by the research arm of investment banking firm Cowen & Co., which found that 27 percent of Americans prefer Netflix over any other platform, including basic cable and broadcast TV.
Boding well for the company’s future, Netflix’s popularity is even bigger among younger Americans, with nearly 40 percent of respondents aged 18-34 naming the service as their favorite TV platform. Traditional TV delivery via broadcast, basic or premium cable appears to be playing [...]
Tech titans slugging it out to protect proprietary intellectual assets is a boxing bout long in the making. In this corner? Oracle “The Java” whose multi-billion dollar lawsuit against Google alleged copyright infringement for Google’s “unfair” use of it’s Java programming language. And in this corner, the reigning champion, Google “The Android”, whose previous wins include a TKO of Oracle after a jab jolting 2016 jury trial and verdict to uphold the “fair use” of certain Java programming language to design the Android operating system. On Tuesday, after the hotly contested 2016 verdict, the United States Court of Appeals reversed the 2016 jury verdict holding that Google’s use of [...]
Beauty behemoth L’Oréal announced on Friday the 100% acquisition of Canadian AR/AI company ModiFace. Although the buyout amount was not disclosed, the move will accelerate L’Oréal’s digital strategy by providing the group’s 34 international brands with a virtual try-it-before-you-buy-it consumer experience. “We are thrilled to welcome ModiFace to L’Oréal to become the heart of our digital services R&D”, expressed Lubomira Rochet, Chief Digital Officer of L’Oréal. “With its world-class team, technologies and sustained track record in terms of beauty tech innovations, ModiFace will support the reinvention of the beauty experience around innovative [...]
The House of Mouse gives some serious cheddar to the Boys & Girls Clubs of America’s youth STEM (science, technology, education, and technology) programs by donating $1 million dollars. Building upon the phenomenal box office success of Black Panther and the high-tech, Afrocentric theme of the film, Disney leaped at the opportunity to pounce on the important issue of underserved youth and technology. “Marvel Studios’ Black Panther is a masterpiece of movie making and has become an instant cultural phenomenon, sparking discussion, inspiring people young and old, and breaking down age-old industry myths,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney [...]