In The News

Why Is Facebook Developing a “Portal Box” for TVs?

July 31, 2019

Shifting into the set-top box market complements that strategy, since Statista Research estimates that 210.7 million set-top boxes will be shipped this year. But Facebook will arrive woefully late to that market -- Parks Associates estimates that Roku (NASDAQ:ROKU) and Amazon already control nearly 70% of the streaming device market in the U.S.

From the article "Why Is Facebook Developing a “Portal Box” for TVs?" by Leo Sun.

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About Parks Associates

Why Is Facebook Developing a “Portal Box” for TVs?

Previously In The News

Two out of five U.S. homes want to swap the remote for their voice

Stocks Focus in Frontline Brokers- AT&T, Inc. (NYSE:T), Square, Inc. (NYSE:SQ)

No. 1 reason we buy smart devices? They promise convenience

Three out of four consumers worry about internet hacking

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