Posts in January 7, 2014

Apple's App Store did $10 billion in gross revenue last year. Of that, Apple keeps $3 billion and the rest goes to developers.

To put that big number in context, we've charted out the growth of App Store revenue versus mobile ad revenue, using data from BI Intelligence.

The overall mobile ad market is bigger, but not by much — $15 billion versus Apple's $10 billion in App Sales last year. But if you drill down, the non-search part of the mobile ad market is $7 billion. That's exactly the same as what Apple is paying out to developers.

This is good for Apple as it wants to keep developers on its platform. It can say that it is paying out $7 billion in sales to developers. Presumably, they can make a decent amount through ads, as well. This keeps them on iOS, despite it having a smaller share of the overall smartphone market than Android.

Join the conversation about this story

A clever new Powermat dongle will enable wireless tabletop charging while you sip your favorite brew. [Read more]






-- For more information read the original article here.

Aereo, the company that streams live TV over the Internet, just raised $34 million to help support its nationwide expansion.

This is its Series C round of investment, bringing the total to $$97 million.

This is also a vote of confidence that Aereo will beat lawsuits by broadcasters like Fox and CBS that want its business model declared illegal. After a string of such suits, last month, Aereo founder and CEO Chet Kanojia told his rivals to bring their best legal arguments to the Supreme Court to settle the litigation once and for all.

Aereo captures live over-air television broadcast with antennas and streams them over the Internet to your laptop or mobile device. It charges subscribers $8 a month. Broadcasters say Aereo threatens their business.

Aereo has been famously backed by media mogul Barry Diller's IAC who contributed to this round as well, the company says. It also landed a big-name new investor: Gordon Crawford. Crawford is known for backing companies like Time Warner, Liberty Media, News Corp, Comcast and DirecTV.

The round also includes participation from Himalaya Capital Management and existing investors Highland Capital Partners, FirstMark Capital, and others.

SEE ALSO: A Look At Aereo: -- For more information read the original article here.

In character as Doctor Emmett Brown from "Back to the Future," actor Christopher Lloyd arrived at CES 2014 in his iconic time-traveling vehicle from the film. [Read more]






-- For more information read the original article here.

Thermal cameras are expensive, which is why they're mostly used by firefighters, contractors and psychotic aliens. Fortunately, that's all about to change thanks to the FLIR One, which is an iPhone case with a tiny thermal camera stuck on the back. ... -- For more information read the original article here.