The record industry-Napster legal battles of 15 years ago have a sequel- in the car. The Alliance of Artists and Recording Companies (AARC), an organization dedicated to the redemption of music royalties, has launched a class-action suit against Ford and General Motors,
Brian Dunn was practically ebullient. "The one critical thing we offer the world is choice," the Best Buy chief executive officer said in a March phone interview with Bloomberg Businessweek. He was trumpeting in particular his company's role in guiding customers through the expanding smartphone universe. "We provide the latest and greatest choice of all technology gear, from Apple products to Google products, and that brings more opportunity to help people put technology to use. That is a great place for us to be." A week later, reality intruded. The consumer electronics retailer
At the start of 2012, CNET television editors David Katzmaier and Ty Pendlebury put forward their predictions for what we will see in the coming year. Sadly jetpacks and metallic jumpsuits will have to wait till next year, but we will see the debut of big OLEDs and voice/gesture based TV control. So what did we learn from this year's show?
Forget the squabbling over which format of mobile device will be successful in the coming years--ultrabook,
Best Buy’s digital music unit, Napster, will soon be acquired by Rhapsody International, an Internet music service provider. In the proposed deal, Rhapsody will acquire the subscribers and other assets of Napster and in return Best Buy will get a minority share in the business. In 2008, Best Buy bought Napster for $121 million, and this acquisition enabled Best Buy to enter the online music sector. We believe Best Buy initially hoped to challenge Apple’s iTunes service, but this fell short as Best Buy lacks the device and software support of the Apple ecosystem.
Electronics retailer Best Buy Inc. is tuning out of Napster, a digital music service that has struggled to evolve from its renegade origins as a free file-sharing network that riled the recording industry.
Napster's subscribers and other assets will be sold to another digital music service, Rhapsody, as part of a deal announced Monday.
Best Buy will get an undisclosed stake in Rhapsody after the swap is completed. The exchange is expected to be completed by end of November.
Rhapsody and Napster, two of the first names in digital music, have joined forces. Rhapsody announced Monday that it has purchased Napster's assets from Best Buy. The deal will close in November, and the purchase price is undisclosed.
Big box retailer Best Buy has been selling connected TVs for years now, but until recently it’s been reluctant to jump in with its own products in the fast-growing segment. That changes Monday, as the company is introducing two models of connected TVs from its Insignia brand of consumer electronics devices. While other consumer electronics manufacturers are betting big on Internet-connected TVs, Best Buy is treading a little more cautiously. It will sell 32-inch and 42-inch models of the new Insignia-brand TVs, which will retail for $499 and $699, respectively. According to Patrick McGinnis, Best Buy VP of Product
Best Buy Monday announced the arrival of a new Insignia-branded connected TV with a TiVo interface.
It appears a Best Buy Insignia connected HDTV blessed with TiVo's HD interface may actually be available by the end of July. The relationship between the retailer and DVR manufacturer. Then there was that development had started to integrate TiVo's software and services into broadband-connected Insignia TVs. And now it looks like there's actual product. Arriving July 31, the new Insignia cTVs (presumably "c" is for connected) will be available in two sizes--32 and 42 inches--and have built-in Wi-Fi for accessing broadband content from Netflix, CinemaNow, Napster, and Pandora.