Technological convergence in the context of "Smart TV"

Technological change or technological development is the overall process of invention, innovation and diffusion of technology or processes. In essence, technological change includes the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of technologies (in which they often become less expensive), and the diffusion of technologies throughout industry or society (which sometimes involves disruption and convergence). In short, technological change is based on both better and more technology.

Supplier convergence is a business model in which a company offers a combination of services or products that were previously supplied by separate companies. It is not to be confused with product convergence, where one product combines and replaces several others; rather, supplier convergence happens primarily through mergers and acquisitions, or through the expansion of larger companies into areas previously dominated by specialty businesses.

A 2-in-1 laptop, also known as 2-in-1 PC, 2-in-1 tablet, laplet, tabtop, laptop tablet, or simply 2-in-1, is a portable computer that has features of both tablets and laptops.

2-in-1 PCs consist of portable computer components within light and thin chassis, and exemplify technological convergence. They are convenient for media consumption and non-intensive tasks in tablet mode yet useful for content production in laptop mode.

There are several types of mass media in the United States: television, radio, cinema, newspapers, magazines, and websites. The U.S. also has a strong music industry. New York City, Manhattan in particular, and to a lesser extent Los Angeles, are considered the epicenters of American media. Theories to explain the success of such companies include reliance on certain policies of the American federal government or a tendency to natural monopolies in the industry, with a corporate media bias.

Many media entities are controlled by large for-profit corporations who reap revenue from advertising, subscriptions, and sale of copyrighted material. American media conglomerates tend to be leading global players, generating large revenues as well as large opposition in many parts of the world. With the passage of the Telecommunications Act of 1996, further deregulation and convergence are under way, leading to mega-mergers, further concentration of media ownership, and the emergence of multinational media conglomerates. These mergers enable tighter control of information. By the early decades of the 21st century, a handful of corporations control the vast majority of both digital and legacy media. Critics allege that localism, local news, and other content at the community level, media spending and coverage of news, and diversity of ownership and views have suffered as a result of these processes of media concentration.