File this under “one to watch more closely.”
Before I tell you about the company or its news, consider a few trends. People are watching more videos on their iPads and other tablet devices. Broadcasters, cable companies, and video content owners are starting to focus more on how to deliver TV shows and other entertainment “over the top,” directly to Internet-connected devices. Amazon.com (NASDAQ: AMZN) is now competing in cloud-based entertainment (online music and video); one of its advantages over Netflix, Hulu, and others is that it’s an early adopter of using graphics chips (GPUs) for cloud-computing applications like video processing.
Speaking of video processing, there has been some interesting activity in that sector. In the last month, Nort………..
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