All those frenzied election night tweets–peaking at 327,452 per minute–and not a fail whale in sight. It seems Twitter has finally slain the beast. (Now the company just has to figure out what it means to be a media company.) [All Things D]
But what can the tech sector expect from four more years of Barack Obama? More cyber weapons and more money for electronic medical records, for starters. [Gizmodo]
The company’s had a rough year, but Netflix still gets far more traffic than Amazon, Hulu or HBO Go. And the stench of Qwikster is even beginning to fade, too! [GigaOm]
Gartner predicts 1.2 billion “smart devices” will sell in 2013. That’s on top of an estimated 821 million this year. [TechCrunch]
Microsoft is building a new, $100 million tech center in Rio de Janeiro. Now that‘s the kind of business trip that plays well in recruiting pamphlets. [The Next Web]
Web TV Wars
Reed Hastings has a surprise blog post up this morning announcing that, after all the sturm und drang, Netflix won’t be splitting its business in two after all.
The announcement comes just as all the major players have submitted their bids to purchase Hulu, the web TV platform created by the big TV networks, which no longer appeals to them as a business.
Taking a look at two of the biggest names in the web TV space, it’s becoming clear that the internal battle between analog and digital television is creating real problems for companies hoping to straddle both worlds.
Web TV Wars
Netflix sent the blogosphere into a tizzy earlier this week when it announced it was dividing itself in two: Netflix the streaming video business, and Qwikster, the disastrously named DVD by mail step child. A lot of articles were written trying to parse the news, but the general sentiment was confusion.
The truth is that the TV business is on the brink of a seismic shift, akin to what has already happened in music with the iTunes store and Spotify. But the entrenched interests, both the networks and the cable companies, are doing everything they can to make sure they keep control during this change.
So you get a situation like Netflix and Qwickster, which as Evolver.fm Elliot Van Buskirk explains, is all about the licensing silly: