CTA is planning for large turnout at 2018's CES from Jan. 7 to 12; the event will feature more than 4,000 exhibitors, including more displays from drone creators and augmented reality developers than last year. CTA President and CEO Gary Shapiro reported, "For the first time, we've tried to make the show so that anyone with an idea can implement the idea through the services and the companies at the show."
Amazon continued to forge ahead in 2017 with major acquisitions, winning plays in original content and programming and new Echo devices. Hilary Milnes runs through the year's major Amazon events, including the acquisition of Whole Foods and the heated competition for Amazon's second US headquarters.
Surging global demand for smart wireless sensors will boost the market for Bluetooth Smart and Smart Ready to $39 billion globally by 2025, according to Grand View Research. The report cites the spread of the internet of things, especially in retail, and smart devices as driving factors.
As demand for smart speakers is expected to reach 30 million to 50 million units in 2018, those in the integrated circuit category are seeking ways to take advantage of that. Chipmaker MediaTek is one company benefiting from the rise of smart speaker popularity, gaining orders from Google, Amazon and Alibaba to provide necessary chips for the devices.
Amazon has expanded its music service rapidly and is now the world's third-largest music subscription service, per a Midia Research report. As of June, the service had around 18 million subscribers, allowing it to compete with leaders in the category, including Spotify and Apple Music.
Apple users will be able to preorder apps in the App Store up to 90 days before the apps are released. Developers can choose whether they want to charge for a preorder, and if the price changes during the preorder period, customers will be charged the lesser price once the app automatically installs when it launches.
The Fed may run into issues determining whether to raise interest rates due to the rise of web-based comparison shopping, which makes it difficult to determine the non-discounted aggregate cost of goods such as shoes, clothes, household appliances and sporting goods. Some economists believe that this "Amazon effect" may be depressing inflation, which affects how much the Fed is willing to raise interest rates.
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