Correction: A previous version of this story referred to the SD card as Einstein. It is named Edison. TheStreet regrets this error.
LAS VEGAS (TheStreet) -- The Consumer Electronics Show (CES) kicked into high gear on Tuesday, with some 150,000 attendees walking, talking, and showing off the latest in tech.
The theme of day two of my trip continued to be largely the same as day one, with companies showing off 4K Ultra HDTV's, and tablets, but the conference took a decidedly more "newsy" tune on Tuesday. Companies such as Yahoo! (YHOO - Get Report), Intel (INTC - Get Report) and Broadcom (BRCM) made some major announcements.
I also think I've found the next company in the motion gesture space that could be acquired by companies like Google (GOOG), Facebook (FB) or other companies looking to compete with Apple (AAPL). This is one space to watch for 2014, as companies continue to push the Internet of Things theme, and that could play a major part in it.
Yahoo!'s Big Day
Yahoo! CEO Marissa Mayer is no stranger to making news at events, even ones such as CES, which are more focused towards electronics, and not so much about a company like Yahoo!, which lives on the Web. Giving a keynote address yesterday, Mayer announced that Yahoo! acquired (surprise!!) Aviate, as Mayer continues to buy smaller companies at a breakneck pace. It's almost like she wants to buy every company she sees, thanks in large part to Alibaba, which Yahoo! owns a 24% stake in.
Full disclosure: I met with Alibaba yesterday to talk more about the company and where it envisions itself in the global e-commerce game, as it takes on the likes of Amazon, eBay, Google and others.
Sunnyvale, Calif.-based Yahoo! also announced Yahoo! News Digest, an app for iPhones and iPod Touch, that, according to the company, "delivers the most important news of the day, twice per day, right to your mobile device." The app is built off of Summly, the company Yahoo! acquired last year from then 17-year old Nick D'Alosio. D'Alosio was on stage to show how News Digest works. Pretty cool stuff, I must say.
Mayer also unveiled why she's been spending so much money on acquiring journalists lately, as Yahoo! unveiled two new verticals, Yahoo! Food and Yahoo! Tech, which David Pogue is spearheading. Pogue was on stage yesterday saying a lot of tech sites make tech hard to understand for the average person, and Yahoo! Tech is going to cater to the average person, not the tech geek. As the tech editor of TheStreet, I say, "Competition only makes us all better." I'm looking forward to seeing what David and his team have to offer, but don't expect me to just roll over :)
Yahoo! also unveiled its new advertising product, as it seeks to boost its struggling core business. As part of this, Tumblr-sponsored posts are powered by Yahoo! advertising, as Mayer and her team look to start generating serious revenue from the $1.1 billion acquisition of Tumblr, led by CEO David Karp.
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