Three years after it first won the request for proposal to launch the Made In NY Media Center promoting companies and projects working at the intersection of arts and technology, the Independent Filmmaker Project is celebrating its first anniversary with its second demo day. With $3 million in su…
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WEST HOLLYWOOD, Calif. — As I sat in the lobby of a drab office building here, waiting to be led up to the penthouse loft of Tinder, the fast-growing dating app, I noticed that every few minutes young women would walk into the foyer, dressed in flip-flops, T-shirts and tattered jean shorts, and t…
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Cybercrime costs the global economy an estimated $400 billion a year, and as it grows in scale and sophistication, law enforcement is having to do the same. The U.S. secret service helped prevent over $1 billion in fraud losses from cybercrime last year, but it is up against skilled and organized…
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It’s time for the conversation about real-time marketing to move on. It’s not that the conversation is over. Rather, it’s that real-time marketing needs to evolve into something bigger and more important than simply sending out catchy posts timed to news events.
Here’s a bad sign for CurrentC, the fledgling mobile payment system in development by a consortium of retailers.
CurrentC is sending emails to people warning them “that unauthorized third parties obtained the e-mail addresses of some of you.”
It doesn’t sound like it’s the worst breach in the world, but it’s definitely not good since CurrentC is just getting started.
CurrentC is in the news this week because of Apple Pay, Apple’s mobile payment system for the iPhone 6.
CurrentC is backed by MCX, the Merchants Consumer Exchange, which is a group of retailers trying to create a mobile payment system. It’s being spearheaded by Wal-Mart.
The idea behind CurrentC is for retailers to have lots of data on what their customers are doing. They also want to cut down on the 2%-3% fees that retailers are paying to credit card companies. CurrentC connects directly to your bank account, bypassing the need to use credit cards.
The retailers in MCX are not accepting any other mobile payments, including Apple Pay.
A PR rep for CurrentC confirmed the email saying,
Within the last 36 hours, we learned that unauthorized third parties obtained the e-mail addresses of some of our CurrentC pilot program participants and individuals who had expressed interest in the app. Many of these email addresses are dummy accounts used for testing purposes only. The CurrentC app itself was not affected.
We have notified our merchant partners about this incident and directly communicated with each of the individuals whose email addresses were involved. We take the security of our us! ers&rsqu o; information extremely seriously. MCX is continuing to investigate this situation and will provide updates as necessary.
It’s good that the CurrentC app wasn’t compromised. In reality, this isn’t that big of a deal. Getting your email is not the end of the world.
However, it’s embarrassing since Wal-Mart previously told us it wasn’t supporting Apple Pay because, “Ultimately, what matters is that consumers have a payment option that is widely accepted, secure, and developed with their best interests in mind.”
The DEA isn’t the only US law enforcement agency using impersonation on the web to catch suspects, it seems. The American Civil Liberties Union’s Christopher Soghoian has noticed documents showing that the FBI created a fake, spyware-laden version of the Seattle Times‘ website to catch a teen bomb threat suspect in 2007. When the teen clicked the link to check out an equally fake Associated Press story, the hidden software installed itself and sent both the target computer’s location and its internet address to officers. As you might gather, both civil liberty advocates and media outlets are furious — the FBI effectively conducted a phishing attack, and neither the AP nor the Times appreciate having their names and likenesses used without permission.
The FBI is defending its use of the tactic. It claims that it only resorts to these fake sites in “very rare circumstances” where it’s likely to eliminate a threat, and it notes that the Times trickery ultimately led to a conviction after the culprit pled guilty. However, all it’s saying is that the ends justified the means. This isn’t really a defense of the act itself, which has its share of ethical and legal problems. For any civilian, running a phishing site would be a criminal offense; also, the warrant request only said that the FBI would install the software through “communication,” not that it would imitate others to achieve its goal. There aren’t any signs of an impending investigation into the case, but the revelation certainly won’t improve the FBI’s chances of getting mandatory backdoor access to Americans’ devices.
[Image credit: Stephen Chernin/Getty Images]
Filed under: Internet
Right now internet services don’t always have the opportunity to show the same content as traditional TV, but the FCC might be about to change that. Chairman Tom Wheeler described in his blog post “Tech Transitions, Video, and the Future” the “first step” to open cable programs and local TV to internet services, by giving them the same classification that cable and satellite providers have. That wouldn’t apply to Netflix or Amazon (as they currently exist), but anyone streaming live TV channels over the internet — like Sony, Verizon and Dish are planning, Intel tried before selling to Verizon, and Apple’s TV project has been rumored to include — would be covered.
Wheeler notes that a similar move in 1992 helped competition from satellite TV companies flourish, and sees the same potential for internet providers. Another company stuck in the current hole between being too much like a cable provider and not enough like one is Aereo, and its CEO Chet Kanojia said “By clarifying these rules, the FCC is taking a real and meaningful step forward for competition in the video market.” Until now, owning a delivery method has been required for a company to be classified as a “multichannel video programming distributor,” but Wheeler is asking the commission to create rules to cut that out. He also says changing the rules would make sure cable systems remain regulated as able, even if they switch to all-IP delivery, as some have been rumored to do.
He also claims it will let internet-based providers offer smaller channel bundles than what currently exists, giving customers more choices, and encourage the creation of broadband competitors that don’t feel the need to bundle TV service. It will take some time to see how much, if any, of this comes true, but in the future companies like Apple, Google and Microsoft could jump in to compete with Comcast and its ilk right away, offering customers a way to switch providers without losing access to the stuff they want to watch.
[Image credit: Photo by Mark Wilson/Getty Images]
Facebook, the social giant, is the social commerce leader by a number of metrics.
Facebook doesn’t just generate more online and offline retail sales than other social sites and apps. It also beats its rivals in terms of conversions, the value of sharing, and visits.
Programmatic is one of the hottest buzzwords in today’s advertising market, and with good reason. According to new figures from eMarketer, US programmatic digital display ad spending will grow 137.1% to eclipse $10 billion this year, accounting for 45.0% of the US digital display advertising market.
Our first-ever estimates for US programmatic ad spending are based on an exhaustive analysis of dozens of data sources as well as in-depth interviews with executives at ad agencies, brands, publishers, media companies and advertising technology firms—more than 50 in all.
2014 has seen the most dramatic growth and expan! sion in programmatic advertising to date, and eMarketer expects significant increases ahead thanks to the build-out of private marketplaces and programmatic direct deals, as well as continued maturation in both mobile and video advertising. We expect spending to increase another 47.9% next year and to double this year’s total by 2016, when it will reach $20.41 billion, or 63.0% of US digital display ad spending.
According to the latest time spent with media forecasts from eMarketer, the average time spent consuming major media per day for the average UK adult consumer will reach 9 hours, 6 minutes in 2014, up from 8 hours, 35 minutes last year.
The total amount of time spent with media reflects simultaneous consumption and is likely longer than most people spend consuming media daily. For example, if a person uses a mobile device for 1 hour while watching television, it counts as 1 hour for each activity, or 2 hours total. The estimates do not attempt to define a primary focus during simultaneous usage.
The amount of time UK consumers spend with dig! ital med ia has grown rapidly over the past four years, rising from just over 2 hours in 2010 to an estimated 4 hours, 5 minutes per day this year, and now accounts for 44.9% of total time spent. eMarketer’s definition of digital media includes all time spent online on desktop and laptop computers and with other connected devices (such as streaming video through over-the-top services), as well as all nonvoice time spent with mobile devices including smartphones, feature phones and tablets.
Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.
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