Vessel, the video-sharing startup founded by former Hulu CEO Jason Kilar, is now open for business . Billed by some as the first real threat to YouTube, the site (not to be confused with the similarly-named smart cup ) features professionally-produced videos from some of the web’s prominent video bloggers (and even some of YouTube’s top talent) at a price of $2.99 per month. Convincing users to shell out money for yet another subscription could be a tough sell – especially given YouTube’s dominance over the video-sharing market – but Vessel does have a few things going for it. For starters, subscribers will have a catalog of high-quality content at their exclusive disposal. That’s right, content creators that partner with Vessel must agree not to post their content anywhere else on the Internet for a period of up to three days. The privilege of seeing the latest web videos before anyone else is something Vessel is banking on. Vessel is also appealing to content … [Read more...] about Vessel, the subscription-based video sharing service from Hulu’s ex-CEO, launches in beta
Internet based file sharing
Illegal file-sharing has fallen dramatically in the past months, according to media and technology researchers at Music Ally and The Leading Question. The drop is particularly significant among teens in the 14-18 age group, where illegal file-sharing has declined from 42 percent in December of 2007 to 26 percent this January. But that doesn’t necessarily mean that they are turning to iTunes or any other a-la-carte music service en masse. The study of 1,000 music fans shows that 65 percent are now streaming music through services such as Spotify or YouTube, with 31 percent of 14 to 18 year-olds visiting these sites on a daily basis compared with 18 percent for music fans overall. Researchers also found that teenagers are now more likely to share music via Bluetooth or by burning CDs, meaning music file sharing isn’t disappearing, it’s just changing – in this case to avoid ending up on the wrong side of traffic monitoring initiatives. It’s worth mentioning that the study was … [Read more...] about Teens shift from file sharing to music streaming
One97 Communications , the parent company of Paytm , intends to issue fresh shares worth Rs 12,000 crore, or $1.6 billion, in its upcoming initial public offering (IPO). It also plans to declassify its founder Vijay Shekhar Sharma as promoter, the company told its shareholders in a note ahead of its upcoming extraordinary general meeting (EGM) in July. According to Paytm’s note, Sharma wrote to the board regarding the change in his ‘promoter’ tag. ET has reviewed a copy of the note, which was sent to shareholders on Friday. While earlier reports have said Paytm aims to raise around $3 billion through the IPO, this is the first time the company has disclosed -- albeit partially -- how much it intends to raise. The company did not mention share sales by existing shareholders in Friday’s note. Sources said Sharma wrote to the board about the change in his status as a promoter to comply with Sebi rules. According to a source, this could be a step towards Paytm … [Read more...] about Paytm IPO: Paytm aims to raise $1.6 billion with fresh shares in IPO
Since Microsoft announced it would be killing off Internet Explorer (IE), the company has tried almost everything in its power to encourage users away from the now-defunct web browser . However, while the IE install base has halved since plans for a phased termination were revealed, data from Statcounter suggests the browser still has millions of active users. Now, Microsoft is taking steps to cut away the last remaining use cases for IE. According to the company’s product roadmap , certain file types will soon begin to launch automatically in Microsoft Edge (the company’s new flagship browser) instead of its predecessor. Here's our list of the best VPN services right now Check out our list of the best Windows 10 VPN services around We've built a list of the best Mac VPN services out there “Starting in Microsoft Edge version 92, MHTML file types will automatically open in Internet Explorer mode on Microsoft Edge instead of the Internet Explorer 11 … [Read more...] about Microsoft gives diehard Internet Explorer fans a passive aggressive nudge
The recent closure of Colonial Pipeline's natural gas distribution infrastructure from a ransomware attack brings up a question: What economic damage could be caused by a cyberattack that would render the internet unusable for an hour, 10 hours, or a day? Merchant Machine, a UK-based payments information service, took a stab at figuring out the economic damage that the loss of the internet would create, and their answer is that the world economy would lose $2.1 billion per hour -- rising to $51 billion after 24 hours. The larger the country's economy, the larger the loss. The US economy would be on a $306.3 million an hour loss rate, or $7.3 billion after 24 hours. China would lose about $244 million per hour or $5.8 billion after 24 hours. Similarly, the largest retailers will hurt the most. Amazon is out of pocket by $44 million per hour. Interestingly, advertising-supported Instagram would lose even more at $53 million per hour, according to Merchant Marine. The … [Read more...] about How much economic damage would be done if a cyberattack took out the internet?