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.
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.
In the years ahead, buying cable Internet as an add-on to your TV package might seem like a memory from a simpler time. That's because many Americans are opting to skip the television part altogether and instead getting faster broadband connections.
Over the last month, 30-second video clips of costumed people dancing spasticly to the now-familiar refrain of "The Harlem Shake" have taken over the internet. If you have a wifi connection, then you've probably seen the meme. (Whether you understand it or not is another issue entirely.)