CE Newswire - 10.31.14

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Today's Top 3 Stories #1 If Retailers Really Want A War With Apple Pay, They Had Better Prepare To Lose Big   While the launch of Apple Pay hasn't been completely free of glitches, the service appears to be off to a solid start with 1 million credit cards registered in just the first 3 days and nearly all the retailers who had planned support up and running. (Forbes) Why This Is Important: The rival CurrentC technology that many retailers have committed to because it bypasses credit cards and therefore, fees paid to credit card companies and banks, is still months from rolling out, has already been hacked, and the group behind it is being accused by some of anti-trust behavior.  #2 Mobile Proves a Drag on Sony Profit — To the Tune of $1.6B   Sony reported a much bigger loss during its fiscal second quarter compared to a year earlier after being weighed down by its mobile communications business. (MobileWorldLive) Why This Is Important: Sony decided it is time for a change and yesterday replaced its mobile business lead, Kunimasa Suzuki, with Hiroki Totoki, an executive who led its corporate planning, finance and new business division. #3 Amazon Exec Says They Priced The Fire Phone Wrong   Last week, Amazon CTO Tom Szkutak acknowledged that the company had a huge surplus of $83 million unsold phones collecting dust somewhere. (Fortune) Why This Is Important: As CEO Jeff Bezos likes to point out, critics panned the first Kindle e-reader in 2007, but it evolved into a widely-used family of products. Likewise, Amazon seems intent on taking the same long-term approach with the Fire phone. 4. Google Play Movies & TV arrives on Roku devices (Engadget) 5. Microsoft Windows 7 and 8 consumer retail sales end today (DigitalSpy) 6. James Cameron dismisses virtual reality technology: 'It's a yawn' (DigitalSpy) 7. Wal-Mart Weighs Matching Web Prices (WSJ) 8. Former Android Leader Leaving Google (WSJ) 9. A Baker's Dozen: NPD's Holiday Predictions (NPD Group) 10. Report: iPad still leads U.S. market, but lower cost competitors gaining ground "We didn't get the price right. I think people come to expect a great value, and we sort of mismatched expectations. We thought we had it right. But we're also willing to say, 'we missed.' And so we corrected." -- Amazon senior VP of Devices David Limp Blog Post of The Day Open thread: Are streaming services like Spotify the new music journalism? Have you heard the latest Led Zeppelin interviews? They've not been recorded and aired by a broadcaster or a music magazine. Instead, they're available through streaming music service Spotify: the third instalment in its series of "Landmark" documentaries about classic albums following past looks at Nirvana's Nevermind and Nas' Illmatic.  More » Upcoming Events D&H Mid-Atlantic Fall Technology Show Nov 5 Hershey Lodge & Convention Center Hershey, Pa. www.dandh.com CES Unveiled New York Nov. 11 Metropolitan Pavilion New York http://cesweb.org Azione Unlimited Spring Soiree March 17-19, 2015 Nashville, Tenn. http://azioneunlimited.com Was this copy of CE Newswire forwarded to you? Start your own subscription by clicking here. TWICE Editorial Team John Laposky, Editor In Chief Phone: (917) 281-4736 | Email Greg Tarr, Executive Editor Phone: (917) 281-4760 | Email Lisa Johnston, Senior Editor Phone: (917) 281-4733 | Email Joseph Palenchar, Senior Editor Phone: (917) 281-4746 | Email Alan Wolf, Senior Editor Phone: (917) 281-4769 | Email

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