Televisions with 4K resolution have now become somewhat a mainstay in TV technology, with companies such as LG Display Co Ltd. (ADR) (NYSE:LPL) and SAMSUNG ELECT LTD (F) (OTCMKTS:SSNLF) introducing their individual 4K TVs at the Consumer Electronics Show (CES) 2015 in Las Vegas. The 3D-smart TV combo did not fare as well with the audience as expected, but the sharp and crisp resolution in 4K is speculated to garner impressive flat-screens sales.
During its third quarterly earnings call on Wednesday, Facebook Inc. (NASDAQ:FB) announced that the social network now enjoys 8 billion video views on a daily basis. This figure is twice of what was reported in April. At the company’s investors call, CEO and co-founder, Mark Zuckerberg said that the 8 billion daily video view count comes in from 500 million daily active users. The social media giant has gained substantial traction for its video streaming ambitions.
Amazon just announced a video streaming perk that Netflix has sworn it would never allow. If you're one of the approximately 40 to 60 million people who pay for Prime, Amazon's $99-a-year membership club, you can now download movies and TV shows on your smartphone or tablet for offline viewing.
SAN FRANCISCO: Amazon on Tuesday added offline viewing of films or television shows to its Prime subscription video service. The feature breaks the tether of Internet streaming by allowing Prime members to download films or television show episodes to Apple or Android smartphones or tablets for viewing when devices are offline. It was rolled out in Britain, Germany, Austria and the United States.
According to a survey conducted by the Consumer Electronics Association (CEA) and National Association of Television Program Executives (NATPE), over half of the consumers between 13 to 34 years of age said they regard their Netflix, Inc. (NASDAQ:NFLX) subscriptions to be highly valuable. The proportion is higher than those who prefer broadcast or cable TV.
Amazon announced on Monday that it purchased Twitch for $970 million. Twitch is a website where video game enthusiasts can view and participate in live streams of video games in real time. Unless you're familiar with the video game community, chances are you've probably never heard of Twitch. However, it accounts for a surprising amount of internet traffic — nearly as much as giant Web brands like Netflix and Google among others.