Akamai Technologies will gain from soaring data consumption driven by online video as well as selling more products to existing customers, says Pacific Crest Securities, which resumed coverage of the content delivery network provider with an overweight rating. Pacific Crest analyst Michael Bowen also said in a research report that he expects upside from Apple’s (AAPL) launch of a Web TV service, though timing is uncertain and though Apple
When is a text not just a text? When it’s sent with an app. Messaging apps from Apple (AAPL), Facebook (FB) and startups are getting popular among smartphone users, and desire for privacy is showing: apps that auto-delete messages are gaining steam. Some 36% of U.S. smartphone owners use messaging apps such as Kik or Apple’s iMessage, a new survey of 1,900 people by the Pew Research Center shows. It found that another 17% use apps such as video
Launched with great fanfare in June, Apple Music seems to be hitting some sour notes. A study by market research firm MusicWatch showed that Apple (AAPL) might be having trouble retaining customers for its streaming music service. MusicWatch said 77% of Apple’s iOS users in the U.S. are aware of Apple Music and 11% reported they are using Apple Music. But among people who have tried Apple Music, 48% said they are not currently using the service,