The top 5 CES trends that will matter in 2012

If you couldn’t tell by the avalanche of product news hitting VentureBeat over the past few weeks, the next Consumer Electronics Show is almost upon us. The annual trade show, which has been held in Las Vegas for more than a decade, is where many of the world’s biggest electronics companies debut their new products, announce major news, and desperately try to remind us that they exist.

Wal-Mart buys iPhone app agency to improve mobile commerce

The group responsible for bringing multinational retail corporation Wal-Mart into the era of mobile and social commerce has just expanded. WalmartLabs, the retail giant’s eight month-old social and mobile product incubator, has acquired Small Society to help improve customers’ mobile experiences, the group announced Wednesday. Terms of the deal were not disclosed.