Six months after Verizon Communications paid $4.4 billion to buy AOL and its collection of media and technology companies, the top honcho at the ‘90s Internet brand says they’ll be laying off about 5% of the staff today, with around 500 employees expected to get their walking papers. [More]
Four years ago, Twitter bought Vine, an app that let users upload and browse looping six-second video clips. While a community of people who elevated repeating video clips to an art form grew around the site, which hadn’t actually opened yet when Twitter bought it, Instagram and Snapchat also grew since then as places to share short videos. Now, on the same day that it cut 9% of its staff, Twitter announced that it’s shutting down Vine. [More]
In its continuing quest to take over the content world, Comcast is once again splashing out with a big investment into journalism and listicle juggernaut BuzzFeed. [More]
The next time you fall down a watch-these-disembodied-hands-make-food video hole on Facebook, you won’t have to watch it on your phone or tablet: Facebook will now let users on iOS devices stream video on their TVs vy way of Apple TV or Chromecast. [More]
Hey, have you heard about video? You might have missed it, what with literally every social media platform all but begging you to post more and watch more at all times, but video is the new hotness. And to get individuals to post more video to their platform, Twitter’s willing to split the ad take.
Are you in the market for a brand new Video Cassette Recorder? Then you better head to RadioShack — or another electronics store of yester-year — soon, as the last known company to make the video-playing machines will stop production after this month. [More]
For the better part of a year, YouTube has allowed users to post 360-degree videos. Today, the company took that initiative further by launching immersive live streaming. [More]
No one likes a snoop. That’s why Apple says it has fixed a security flaw in the iOS operating system that allowed the Siri virtual assistant to search Twitter on locked iPhones, leading to the unauthorized access of photos and contacts.
In the weeks leading up to Dec. 25, you were probably pretty good about keeping your Christmas tree watered, hoping to maintain the lush greenness you paid for. But now that you’re in that post-Yule, pre-New Year’s limbo and just haven’t gotten around to ditching the tree on your neighbor’s curb, you might have forgotten to add water to that doomed tree. If so, you could be risking a disastrous and potentially deadly fire. [More]
Skype, Snapchat, WhatsApp, Viber, and Facebook Messenger are just a few of the many messaging services available to consumers. That list grew by one today with the unveiling of Livetext from Yahoo. [More]
Back in March, the Consumer Financial Protection Bureau took its first long-awaited step in reining in the payday loan industry by releasing an outline for potential regulations over the small-dollar lines of credit known to thrust consumers into a devastating cycle of debt. While consumer groups were quick to applaud the steps, they also expressed concern that more could be done to protect people from the devastating consequences of such loans. This week, Pew Charitable Trusts released a video detailing the predicament nearly 12 million Americans face every year when taking out payday loans and how regulators might be able to find an answer. [More]
While millions of consumers contribute to the $32 billion in overdraft fees collected each year, a new video shows that many checking account holders don’t fully understand the way overdrafts work or how much they spend on the fees each year. [More]
When you buy a sack of potatoes with dirt still clinging to the spuds, you know they’ll need a wash before going into your dinner. But those completely clean-looking apples, peaches, and strawberries may carry a less-visible danger in the form of pesticide residues. [More]