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Mobile Apps Are Challenging TV In A Way The Web Never Did
Source: http://www.businessinsider.com/mobile-apps-television-time-spent-2012-12
A new study by Flurry, a mobile-analytics company, shows that usage of mobile apps is rapidly catching up with television.
Flurry CEO Simon Khalaf reports that the company has tracked a total of a trillion “events”—actions inside apps like finishing a game level or making a restaurant reservation. Those numbers have grown exponentially in the past two years.
All those taps and swipes translate to a significant amount of usage.
In the US, time spent on the Web has stagnated at 70 minutes per day. Television watching has grown slightly, from 162 minutes to 168 minutes. But app usage has almost doubled from 66 minutes to 127 minutes a day. At current growth rates, it should catch up with television within a year.
This isn’t necessarily bad for television content producers, Khalaf notes, who are increasingly adapting their shows to be watched alongside a tablet or smartphone—the “second screen” phenomenon.
“We believe that, with the introduction of connected TVs, TV shows will behave like apps,” he writes.
Flurry’s results match what other observers are saying, like Kleiner Perkins Internet expert Mary Meeker.
But as Peter Kafka of AllThingsD points out, the explosion of mobile usage doe! sn’t nec essarily mean a mobile-ad bonanza.
And since we’re not getting more hours in the day, it’s pretty clear that the increased usage of apps must be happening simultaneously with other activities—like, yes, watching television.
SEE ALSO: Mary Meeker’s Latest Must-Read Presentation On The State Of The Web
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More Than 70 Percent Of App Sessions Are Outside Of The U.S.
Source: https://intelligence.businessinsider.com/welcome
Mobile apps are no longer just for an American audience.
According to Flurry, the U.S. share of Android and iOS app sessions shrank a remarkable 19 percentage points in the past year. U.S.-based sessions now account for less than one-third of the total. The next nine largest markets soaked up much of the usage, increasing their share 12 percentage points to 39 percent of app sessions.
While the U.S. is still the most profitable market for app makers, developers need to start turning their eyes toward the global market, where much of the growth in mobile apps will occur as smartphone penetration slows in the U.S. and other early adopter markets.
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Here’s The Excuse For Why Black Friday Sales Were DOWN Nearly 2% This Year
Source: http://www.businessinsider.com/black-friday-sales-down-18-2012-11
Expect to hear a lot about “pulled forward demand” in the coming weeks.
The firm ShopperTrak reported yesterday:
ShopperTrak, the world’s largest counter of retail foot traffic, estimates that, when compared to Black Friday last year, retail foot traffic rose 3.5 percent, to more than 307.67 million store visits. Retail sales decreased 1.8 percent, however, with shoppers spending an estimated total of $11.2 billion yesterday.
But then it added:
“Black Friday continues to be an important day in retail,” said Bill Martin, ShopperTrak founder. “This year, though, more retailers than last year began their ‘doorbuster’ deals on Thursday, Thanksgiving itself. So while foot traffic did increase on Friday, those Thursday deals attracted some of the spending that’s usually meant for Friday.”
One analyst, who preferred to remain anonymous, who was hanging out at a mall on Black Friday told BI:
…the pulled forward promos (starting weds and midnight openings) does seem to have pulled some traffic from Black Friday. Mall traffic seems thinner.
So this week, when the analysis is done, that will be the explanation.
SEE ALSO: Black Friday photos from around the nation >
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A Quick Reminder About Which Industry Is Really Creating The Jobs Of The Future
Source: http://www.businessinsider.com/healthcare-jobs-are-the-jobs-of-the-future-2012-11
As we’ve pointed out in the past, the industry of the future is healthcare.
The following chart is based on Friday’s jobs report, and it shows two things. The blue line is the total number of healthcare jobs. As you can see, it basically never stops going up (regardless sof business cycles) and has now passed 14.3 million.
The red line is the monthly change from month to month, and once again last month, America added over 30K new jobs, a pretty enormous sum, given that only 171K new jobs were created in total.
Regardless of what happens with government healthcare spending, the demand for more and more healthcare (as the US population ages) seems inexorable. More and more people will be working in this area.
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Just 35 Percent Of Americans Cash In On Jobless Benefits
Among consumers eligible for unemployment benefits, just over one-third actually bother to cash in on average, according to new data from the Federal Reserve Bank of St. Louis.
The data applies to the last 22 years (1989 to 2011), save for during the recession, when elligible claims rose to 50 percent.
The findings are key for a couple of reasons.
Back in July, CNN Money cited data that showed that the Dept. of Labor had overpaid jobless claims by no less than $14 billion in 2011. In 2009, it was estimated that 11 percent of all claims were overpaid, for a total of about $11 billion.
But since so many elligible workers are actually leaving their cash on the table, the agency should be more than capable of making up for lost funds.
For example, the 50 percent of workers who didn’t apply for benefits in 2009 saved the government an estimated $108 billion.
That’s more than 10 times as much cash the Dept. of Labor said was wasted on overpaying benefits the same year
There’s no denying overpaying jobless benefits is a problem –– most of them wind up in the hands of prisoners, identity thieves, retirees, and current workers –– but the report at least helps put that shortcoming into perspective.
Fraud is responsible for just 3 percent of all benefits paid, the Fed found, while eligible consumers leave seven times that much cash on the table by not applying for benefits.
And overpayments are beginning to slowly improve. The Department of Labor reported a 0.35 percent drop in overpayme! nts betw een July 2010 and 2011, and a 0.4 percent drop in errors caused by people who didn’t register their employment status with their state’s labor department.
The BLS put together a map of each state’s improper payment history in 2011, when overpayments topped $14 billion:
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Kickstarter pledges more transparency, publishes project stats page with daily updates
Source: http://www.engadget.com/2012/06/21/kickstarter-stats/
Every time we boot up a browser there appears to be a new iPad mount or Arduino project on Kickstarter, but just how many projects have there been to date? How many were successful? And how much might that microfunding startup be netting in commission cash? You can find all those answers through a new Kickstarter stats page (and some number crunching on a calculator), updated daily with key raw data that’s tallied, and broken up by category as well. To date, 60,786 projects have launched, of which 24,986 (44 percent) were successfully funded, 31,722 failed and 4,078 are currently active on the site. Of the $261 million that’s come in, $219 million has been in the form of “successful dollars,” representing $10.95 million in income for the company itself based on a five-percent commission rate — roughly the same amount raised for Pebble, a single project. Speaking of million-dollar-plus projects, there have been a total of seven, including one in the Music category, three in Games, two in Design and one in Comics (Pebble falls within the Design category, not Technology). There are plenty more stats to comb through if you’ve been hankering for a peek behind the scenes at Kickstarter — it’s all at our source link after the break.
Kickstarter pledges more transparency, publishes project stats page with daily updates originally appeared on Engadget on Thu, 21 Ju! n 2012 1 6:51:00 EDT. Please see our terms for use of feeds.
WOOHOO! A Giant Magazine Publisher Just Dropped $10 Million On This Startup
Source: http://www.businessinsider.com/unified-advance-publications-funding-2012-6
Unified, whose software is used by brands and ad agencies to buy, manage, and measure how ads perform on social networks, just raised $10 million from Advance Publications, the owner of magazine publisher Condé Nast.
The startup also pulled in another $4 million from Silicon Valley Bank, for a total of $14 million.
CEO Sheldon Owen’s reaction on signing up Advance: “Woohoo!”
“They own an incredible amount of media properties and understand social is the future of advertising,” said Dave Donahue, Unified’s head of communications.
Andrew Siegel, a former Yahoo dealmaker who joined Advance in 2010, is joining Unified’s board.
Unified has been around for a little over a year. Its revenues are already in the double-digit millions, Donahue said. Microsoft, BMW, and GE are among its 200 clients.
The company plans on using the funds to grow sales, ramp up its tech by doubling the engineering team in the next four months, and invest in marketing.
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Google World Wonders Project takes you to Earth’s treasures in glorious Street View vision (video)
Source: http://www.engadget.com/2012/06/01/google-world-wonders-project/
Google has already been taking us to exotic locations through Street View, but now it’s hoping to enshrine the most famous places on Earth through the World Wonders Project, one car (or trike) at a time. A total of 132 sites, ranging from natural landmarks like Yosemite to much more synthetic constructions like the Leaning Tower of Pisa, have both an on-the-ground view as well as 3D renderings, videos and loads of history from UNESCO and the World Monuments Fund, among others. The educational bent is so conspicuous that Google is offering up some of the content in downloadable bundles for schools along with the usual web-based look. All of it promises a much more fascinating, hands-on approach than a dry textbook, and it’s a unique way of bringing encyclopedic knowledge to an era of Chromebooks and the cloud.
Google World Wonders Project takes you to Earth’s treasures in glorious Street View vision (video) originally appeared on Engadget on Fri, 01 Jun 2012 02:01:00 EDT. Please see our terms f or use of feeds.
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Here Are The Films With The Most Number 1 Weeks At The Box Office
Source: http://www.businessinsider.com/movies-with-the-most-number-1-weeks-at-the-box-office-2012-4
“The Hunger Games” finally lost its winning streak atop the box office this weekend. After spending four weeks at number one, the film lands 30th on the all-time chart for most consecutive weekends at the top spot.
However, four weeks is nothing compared to other titles who have claimed victorious at the box office for five, six and seven weeks in a row. One film blows all the others out of the water with a total of 15 consecutive weekends as the box office number one. Only one film has ever had 16 weeks at number one … and it’s not a James Cameron or Ridley Scott flick.
Compare the films with the most overall number one weeks to those with the most consecutive weeks at theaters below.
You may be surprised what tops the charts.
Now, check out the most popular “James Bond” actor>
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nearly 1 billion ‘smart connected devices’ shipped last year
Source: http://www.engadget.com/2012/03/28/idc-1-billion-smart-connected-devices-shipped-2011/
Know that gadget you’re currently using to read this article? It may be one of 916 million “smart connected devices” that shipped in 2011, with global revenue totaling some $489 billion last year. But the IDC expects that figure to jump to 1.1 billion for 2012, with a total of 1.84 billion new web-connected gadgets hitting the market in 2016. Those numbers include most devices that connect to the internet, such as tablets, smartphones and x86-compatible PCs — the latter of which now represent 36.9 percent of the market, but will slip to a 25.1-percent share in 2016. Android’s piece of the pie will grow from 29.4 percent to 31.1 percent by 2016, while iOS will make the jump from 14.6 to 17.3 percent in the same timeframe. IDC reps say that Asia will be partially responsible for increased smartphone sales, where mobile operators in China are subsidizing purchases to make devices more accessible to consumers. Do you plan to take possession of one of the 1.1 billion gadgets that IDC expects will ship this year? Jump past the break and let us know in the comments.
Continue reading IDC: nearly 1 billion ‘smart connected devices’ shipped last year
IDC: nearly 1 billion ‘smart connected devices’ shipped last year originally appeared on Engadget on Wed, 28 Mar 2012 16:02:00 EDT. Please see our terms for use of fee! ds.< /p>
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