| Today's Top 3 Stories | Samsung moves up Galaxy Note 4 Launch In Response To Strong iPhone 6 Plus Sales
| #1 | Sirius XM Loses Pre-1972 Music Lawsuit, Potential Damages In $100s Of Millions
| | | SiriusXM is already facing another lawsuit from the RIAA in California and from Flo & Eddie in other states. Pandora is also facing a similar lawsuit in New York. (Hypebot)
Why This Is Important: The ruling will likely compel SiriusXM, Pandora and many in the tech industry to strongly lobby Congress for new copyright laws that cover pre-1972 recordings. It has the potential to affect many other business segments including terrestrial radio operators and bars that publicly perform older music.
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| | #2 | Polaroid Goes After GoPro With a $99 Action Camera
| | | To design the mini-gadget with mass appeal, Polaroid turned to Ammunition, whose founder, Robert Brunner, once worked at Apple (AAPL) and is responsible for the look of Beats headphones and Square's mobile payment system. The veteran designer built a gadget that has none of the trappings of professional equipment. (BusinessWeek)
Why This Is Important: While GoPro had dominated the action cam segment, its $300 entry price has held back the masses from jumping in. A simple-to-use, inexpensive model could do for the category what the Flip camera did to the camcorder market.
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| | #3 | | | The KoreaTimes cited an unnamed employee in Samsung's marketing department who said "the positive reaction from consumers to those two Apple devices prompted us to launch the Note 4 earlier than previously scheduled." (9to5mac)
Why This Is Important: With a slightly larger screen than the iPhone 6 Plus, Samsung is hoping to attract those consumers who haven't moved up to a bigger screen yet and current Android users who haven't been swayed to switch to Apple.
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"It's really significant. If it's a victory in fact it's a victory for all artists. When I think of history of popular music I cant overlook the Beatles, Frank Sinatra, Sammy Davis, Jr. I think there's talk that this will move other (companies) to step up and say, 'We look bad if we don't start paying.'" -- Belmont University professor Mark Volman on the SiriusXM court decision
| | | Blog Post of The Day | Bitcoin's Price Skyrockets Following PayPal's Hug
by Alex Wilhelm
This morning, PayPal rolled out broader support for bitcoin, allowing merchants to accept the cryptocurrency as payment for digital goods. The reaction to bitcoin itself has been immediate and positive. The PayPal integration is minor — users won't be able to start stashing their bitcoin in their PayPal accounts, but merchants that use certain PayPal services, and are located in North America, will be able to accept bitcoin. PayPal is relying on several bitcoin payment providers to manage the transactions. The implication there is that PayPal, and its parent company eBay, will never hold bitcoin themselves. More » |
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