Digital Firms Dominate Top Media Companies, Emerging New Media Owners Gain Ground

Mobile Apps
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Power in the digital advertising market is concentrated in the hands of a few large platforms, and New Media is becoming even more concentrated. The five purely digital media owners — Google, Facebook, Baidu, Yahoo and Microsoft — generated $71 billion in New Media revenue, which represents 68% of all global digital ad spend, up from 67% a year ago, according to a just-issued report from ZenithOptimedia, part of Publicis Groupe. Google’s dominance as the world’s largest New Media owner has increased, with the gap between it and its nearest competitor…

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Facebook Study Says Users Make Their News Feed Less Diverse

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But some have already questioned the results The long-held notion that Facebook’s algorithm leads to the creation of “echo chambers” among users isn’t exactly true, according to a report published Thursday in the journal Science. After studying the accounts of 10 million users, data scientists at Facebook found that liberals and conservatives are regularly exposed to at least some “crosscutting” political news, meaning stories that don’t conform to their pre-existing biases. The algorithm for Facebook’s News Feed leads conservatives to see 5% less liberal content than their friends share and…

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Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet”

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Sophia Bekele has given a motivating and catalyzing keynote speech which discussed the effects of embracing the mobile technology in all the platforms, because everything is gravitating towards the mobile devices. “Mobile technology is the future of the internet, all services and solutions gravitate towards the accessible yet disruptive personal touch of the button…” – Sophia Bekele The keynote was presented to the 2015 Africa Business Forum at the Berkeley Haas School of Business, see the press release below Photo Caption: Sophia Bekele speaking on mobile as the NEXT FRONTIER…

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Website not mobile friendly? Google is making major Algorithmic change to rank you lower

Privacy
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On Tuesday, April 21, Google is making a major update to its mobile search algorithm that will change the order in which websites are ranked when users search for something from their phone or tablet, making it mobile friendly. The algorithm will start favoring mobile-friendly websites (ones with large text, easy-to-click links, and that resize to fit whatever screen they’re viewed on) and ranking them higher in search. Websites that aren’t mobile-friendly will get demoted. About 60% of online traffic now comes from mobile and Google wants users to have a good…

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Xiaomi: China’s big Apple rival isn’t worth getting excited about (yet)

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Xiaomi, the third-largest smartphone maker in the world, is coming stateside, but not in the way pundits expected. The company announced at a conference Thursday that its e-commerce website, Mi.com, could start selling products to U.S. customers in five months. Surprisingly, smartphones will not be among them — at least, at first. Instead, Hugo Barra, Xiaomi’s Global VP, suggested the company might start with items such as a recently-launched pair of headphones and its popular external battery pack, the latter of which sold 15 million units in 2014. The company has…

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Apple posts $18 billion profit, the largest in its history

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Apple just posted its first quarter results, and as expected, it was a big one. Led once again by record sales of new iPhones and holiday sales of iPads and Macs, Apple posted earnings of $18 billion on $74.6 billion in revenue, far above what it forecasted back in October, and marking the highest quarterly profit in its history. By product, Apple sold 74.5 million iPhones, 21.4 million iPads, and 5.52 million Macs. Those numbers were up big from the number of iPhones and Macs Apple sold during the same time…

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A Hacker Reveals How Your Fingerprint Could Be Easier To Hack Than A Traditional Password

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A hacker has found a way to hack fingerprint passwords — and it’s as easy as taking a clear picture of someone’s hands. At the 31st annual Chaos Computer Club conference in Hamburg, Germany, Popular Science reports a hacker named Jan “Starbug” Krissler pointed out the flaws in biometric password technology, like the fingerprint sensor found on an iPhone 6. Krissler said pictures of people’s hands and fingers can be used to recreate a person’s fingerprint, which can be used to hack into any of their devices that require fingerprint password…

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China gets its first online private bank, courtesy of Tencent

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Chinese internet and social giant Tencent has launched the country’s first private online bank. The bank, which is called WeBank in a clear allusion to its massively popular instant messaging service WeChat, is also China’s first internet-based financial institution. The launch of WeBank sees Tencent steal a march on Alibaba and eight other private investors who were last year given permission to launch five private online banks. As Technode pointed out at the time, the pilot programme is designed to help make funding more accessible to startups and small businesses.…

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Twitter sues US government over Transparency Report restrictions

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Twitter has been publishing what bits of info it’s allowed to concerning national security requests for some time now, but the social media feed wants the ability to publish the whole thing. Today, the outfit filed a lawsuit aiming to get approval to post its entire transparency report. In a blog post, VP of Legal Ben Lee says that the company is asking a California District Court “to declare these restrictions on our ability to speak about government surveillance as unconstitutional under the First Amendment.” As is stands, Twitter and…

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Disrupting mobile banking in Kenya; Equity Bank joins the list

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EQUITY Bank, whose micro-loans offerings have helped increase the number of Kenyans using formal financial services, is looking to break into Kenya’s booming mobile telecoms market. The bank says it will use the Mobile Virtual Network Operator licence it was granted in April to make financial services even more accessible and affordable. Kenyans transacted more than US$20 billion through their mobile phones in 2013, and Kenya leads the world in its adoption of mobile payments. Equity is looking to tap into this booming market by employing innovative Taiwanese-made ultra-slim “subscriber…

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