If any doubt remained about the power of web application-based industry, they were wiped away by the recent news of Apple's purported $3.2M takeover of the Dr. Dre-driven Beats Music, which is poised to provide the iTunes Radio service provider extra ammunition in its web-based rivalry against Pandora and Spotify for listener's ears—and subscription and advertising dollars. How did virtual come to replace brick-and-mortar startups, with companies such as Netflix wiping Blockbu ster Video out of existence, and what other innovative companies and clever entrepreneurs should be on our radar?
There's an App for That
The introduction and growth of use of web-based apps has been staggering. It is no longer just the younger set with their eyes and thumbs glued to smart phones and tablets. The use of web-based apps for everything from commerce to entertainment to news reporting has grown exponentially along with the increased sophistication and decreased general pricing of Wi-Fi and cell-based technology and hardware. What makes a web-based company worth paying attention to is the potential for it to apply its recommendation algorithm to other areas and services, including advertising, mobile app recommendations, and anything else. These companies are vibrant and think outside of the box—they are innovation at its finest. You can do things in the vir [...]
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