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An anonymous reader shares a Bloomberg report: One of the most lavishly funded gadget startups in Silicon Valley last year was Juicero Inc. It makes a juice machine. The product was an unlikely pick for top technology investors, but they were drawn to the idea of an internet-connected device that transforms single-serving packets of chopped fruits and vegetables into a refreshing and healthy beverage. Doug Evans, the company's founder, would compare himself with Steve Jobs in his pursuit of juicing perfection. He declared that his juice press wields four tons of force -- "enough to lift two Teslas," he said. Google's venture capital arm and other backers poured about $120 million into the startup. Juicero sells the machine for $400, plus the cost of individual juice packs delivered weekly. But after the product hit the market, some investors were surprised to discover a much cheaper alternative: You can squeeze the Juicero bags with your bare hands. Two backers said the final device was bulkier than what was originally pitched and that they were puzzled to find that customers could achieve similar results without it.

From a report: Malaysia Air, which lost a wide-body jet with 239 people aboard three years ago in one of history's most enduring aviation mysteries, has become the first airline to sign an agreement for space-based flight tracking of its aircraft. The subsidiary of Malaysian Airline System Bhd reached a deal with Aireon LLC, SITAONAIR and FlightAware LLC to enable it to monitor the flight paths of its aircraft anywhere in the world including over the polar regions and the most remote oceans, according to an emailed press release from Aireon. Aireon is launching a new satellite network with Iridium Communications Inc. that will allow it to monitor air traffic around the globe. It's projected to be completed in 2018. Most international flights are already transmitting their position with technology known as ADS-B and the signals can be tracked from the ground or space. The U.S. Federal Aviation Administration has already installed a ground-based tracking system for ADS-B. "Real-time global aircraft tracking has long been a goal of the aviation community," Malaysia Chief Operating Officer Izham Ismail said in the release. "We are proud to be the first airline to adopt this solution."

Apple is reportedly building three new iPhones, though the one with the most new features might not launch until a couple of months after the others. According to a report on Bloomberg, Apple is testing three new phones that it plans to launch this fall, including two with the same screen sizes as the iPhone 7 and iPhone 7 Plus. The third iPhone, which may be named to help celebrate the 10th anniversary of the original iPhone's launch, is said to pack a new design with a stainless steel frame and curved glass. It's said to feature an embedded fingerprint reader and use OLED panels from Samsung and may have a screen that takes up most of the front of the smartphone's face. From the article: Apple also tested a more ambitious prototype with the same slightly curved front and steel frame, but a glass back with more dramatic curves on the top and bottom like the original iPhone design from 2007, one of the people said.

An anonymous reader shares a report: In February, after almost two years worth of six-hour workdays, nurses at the Svartedalens elderly care facility in Gothenburg, Sweden went back to eight hour shifts -- despite recently published research showing the benefits of the shortened workdays. The City of Gothenburg didn't extend the experiment in part because funding ran out. It cost about 12 million krona ($1.3 million) to hire the 17 extra staff members needed to fill the gaps created by shorter work hours. The city had only budgeted for two years, and legislators said it would be too expensive to implement the project across the entire municipality. So, for now, the project has come to an end. Yet, there are longer term savings the study didn't take into account. Working shorter hours resulted in healthier workers, researcher Bengt Lorentzon found in a new paper. "They were less tired, less sick, had more energy coming home and more time to do activities," said Lorentzon. Specifically, the nurses took fewer sick days than they did when working longer, eight hour days. They also took fewer sick days than nurses in the control group. In fact, they took fewer sick days than nurses across the entire city of Gothenburg.

Demand for potato chips has surged in Japan this week, with products on offer for 6 times their retail price online after Japanese snack company Calbee halted the sale of some of its most popular chip brands. From a report: Calbee's pizza-flavored chips were going for about 1,250 yen ($12) on Yahoo Japan Corp.'s auction website Friday. One bag usually sells for less than 200 yen. Photos of near-empty shelves at their local supermarkets were trending on Twitter. The crunch came after Calbee warned on Monday that it will temporarily halt the sale of 15 types of potato chips due to a bad crop in Hokkaido, a key potato-producing region. The northern island was hit by a record number of typhoons last year. Calbee, which has a market value of 507.9 billion yen and is 20 percent-owned by PepsiCo Inc., has a 73 percent market share of potato chips. Potato chips are a big deal in Japan, a country also known for its senbei rice crackers and Pocky sticks. Calbee's potato-snack products were the most and second-most popular snacks in a TV Asahi poll of 10,000 people and 13 confectionery makers last year, and the subject of a primetime show that lasted more than two hours.

Toshiba shares recovered after Japan's national broadcaster reported that Apple is considering an investment of several billion dollars in its semiconductor unit, raising the prospect that the struggling electronics conglomerate will get a much-needed cash infusion. From a report: Toshiba has put its memory chips business up for sale to make up for a writedown of 716.6 billion yen ($6.56 billion) in its U.S. nuclear equipment operations. One option being considered is an investment accompanied by Toshiba holding shares, so that a majority of the semiconductor unit will be held by U.S. and Japanese interests, satisfying the respective governments, NHK said.

Burger King unveiled a new advertisement earlier today designed to trigger users' Google Home devices. The ad specifically used the Google Home trigger phrase "Okay, Google" to ask "What is the Whopper burger?," thus triggering the Google Assistant to read off the top result from Wikipedia. But less than three hours after Burger King launched the ad, Google disabled the functionality. The Verge reports: As of 2:45PM ET, Google Home will no longer respond when prompted by the specific Burger King commercial that asks "What is the Whopper burger?" It does, however, still respond with the top result from Wikipedia when someone else (i.e., a real user) other than the advertisement asks the same question. Google has likely registered the sound clip from the ad to disable unwanted Home triggers, as it does with its own Google Home commercials.

The world's largest media companies returned to the negotiating table Monday with Hollywood screenwriters, seeking to avert a strike that could cost the entertainment industry billions of dollars and take popular TV shows off the air indefinitely. From a report on Bloomberg: Hollywood is bracing for the worst-case scenario after the Writers Guild of America warned advertisers and investors of the financial fallout and said members will most likely walk out May 2 if the new round of talks fail. Major TV programmers, such as NBC and CBS' flagship network, are scanning their slates of upcoming shows to determine which ones can air without guild writers. Negotiators on both sides are counting on cooler heads to prevail as they seek to avoid a repeat of the 100-day work stoppage in 2007-08 that cost the entertainment industry more than $2 billion, according to Milken Institute estimates. Yet the entertainment business, specifically TV, has undergone myriad changes that are creating new sticking points since the last strike almost a decade ago, and the writers say they haven't benefited.

Americans generally feel they're being over-taxed, especially around this time of the year. But is that really true? An article on Bloomberg investigates: The Organization for Economic Cooperation and Development analyzed how 35 countries tax wage-earners, making it possible to compare tax burdens across the world's biggest economies. Each year, the OECD measures what it calls the "tax wedge," the gap between what a worker gets paid and what they actually spend or save. Included are income taxes, payroll taxes, and any tax credits or rebates that supplement worker income. Excluded are the countless other ways that governments levy taxes, such as sales and value-added taxes, property taxes, and taxes on investment income and gains. Guess who came out at the top of the list? No. Not the U.S. At the top are Belgium and France, while workers in Chile and New Zealand are taxed the least. America is in the bottom third.

Minecraft's popularity shows no signs of slowing down. Microsoft, which acquired the game's maker, Mojang, in 2014, has recently launched the game in China and continues to market it well in the U.S. The next big step for the game is the introduction of a new marketplace and brand new currency -- within the game itself. What this does is it "[opens] up the opportunity for businesses to sell their original content and creations to tens of millions of the game's players for the first time," writes Nate Lanxon via Bloomberg. From the report: Set to go live in the spring, nine businesses will be selling feature packs within Minecraft -- such as new storylines, in-game activities or landscapes to explore -- with prices ranging between about $1 and $10 per creation. Other companies can apply to be allowed into the marketplace over subsequent months. Users wishing to purchase content will need to buy a form of new currency -- Minecraft Coins. A store within the game does already exist but is limited to only items created by the Minecraft development team. The change to allow third-party developers to sell their wares within the same ecosystem opens up an entirely new business model for independent creatives.

Last year, China's conglomerate LeEco announced it would be acquiring TV maker Vizio for a sum of $2 billion. The move would have given LeEco, which is increasingly expanding its business beyond Chinese market, an instant foothold in the United States. But today, both companies announced they are cancelling the plan due to "regulatory headwinds." In a statement, the companies said: We continue to believe that there is great synergy between the two companies, and are pleased to announce that LeEco and Vizio have reached an agreement that is a win for both companies ... LeEco and Vizio will continue to explore opportunities to incorporate the Le app and content within the Vizio connected CE platform, and engage in a collaborative partnership to leverage LeEco's ecosystem user interface platform, along with the brand's exclusive content and distribution channels, to bring Vizio products to the China market. The announcement comes amid troubled times for both the companies. On one hand, LeEco is struggling financially. Bloomberg reported earlier this month that the company had delayed payroll for its US employees. Vizio was thrown under the bus in February after FTC fined the company $2.2 million to settle a case involving the TVs' data collection techniques.

An anonymous reader shares a report: Does your wallet contain an airline-branded credit card? If so, your daily Starbucks visits, iTunes selections and dining habits serve a critical role in keeping the U.S. airline industry fat and happy. For carriers such as American Airlines, riding Citigroup Inc. plastic, or Delta, on American Express Co., these programs are a cash cow, a golden goose -- or any other fiscal livestock you care to conjure. Each mile fetches an airline anywhere from 1.5 cents to 2.5 cents, and the big banks amass those miles by the billions (alternative source), doling them out to cardholders each month. For the banks, people who pay annual fees for those cards in order to accumulate miles are the closest thing to a sure bet. These consumers typically have higher-than-average incomes and spend more on their cards, generating merchant fees for the banks. They also tend to maintain high credit scores, which means they pay their bills on time and banks experience fewer defaults. The airline-miles business, formally known as loyalty programs, has become a high-margin enterprise that's grown in size and value amid airline consolidation, with carriers keen to expand credit card rolls and see loyalty members spend more.

Tesla became the largest U.S. auto maker by market value on Monday, overtaking General Motors -- a feat that would have seemed highly improbable 13 years ago when the electric-car maker first began tinkering with the idea of making a sports car. From a report: Tesla climbed as much as 3.4 percent in early Monday trading, boosting its market capitalization to about $51 billion. The company was valued at about $1.7 billion more than GM as of 9:35 a.m. in New York. The turnabout shows the extent to which investors have bought into Musk's vision that electric vehicles will eventually rule the road. While GM has beat Tesla to market with a plug-in Chevrolet Bolt with a price and range similar to what Musk has promised for his Model 3 sedan coming later this year, the more than century-old company has failed to match the enthusiasm drummed up by its much smaller and rarely profitable U.S. peer. No matter, say investors who like the stock. Tesla is a technology player with the ability to dominate a market for electric cars and energy storage. To those same investors, GM and Ford are headed for a slowdown in car sales that will erode profits. "Is it fair? No, it isn't fair," Maryann Keller, an auto-industry consultant in Stamford, Connecticut, said of GM ceding the market-cap crown. "Even if Tesla turns a profit, they will eventually have to make enough to justify this valuation."

In a vote this week, the New York City approved legislation that will ban employers from asking job applicants about what they make in their current or past job and could have far-reaching consequences beyond the city as employers try to standardize their practices. From a report: "This bill will go a long way in addressing wage disparities women -- and particularly women of color -- face," said Public Advocate Letitia James, who sponsored the measure. White women in New York earn on average 84 percent of what white men earn, while Asian women earn 63 percent, black women earn 55 percent and Hispanic women just 46 percent, according to a report from the advocate's office, based on U.S. Census data. Asking about pay in a job interview hurts women who may start from a lower level than male candidates -- an effect that compounds over time. "It perpetuates discrimination," James said. "And it has an effect on their pensions as well."

Xiaomi says it's misunderstood. Once compared with Apple for its sleek smartphones and charismatic leadership, the Chinese startup is seeking an image makeover as it tries to recover from a sales-growth slide. From a report: And the brand its billionaire co-founder Lei Jun wants to be compared with: Costco Wholesale Corp., the Issaquah, Washington-based warehouse retailer that sells everything from wine and diamond rings to bulging boxes of cereal and fruit at knockdown prices. Xiaomi's revenue will probably reach $15 billion this year as the Beijing-based maker of products ranging from pens and air purifiers to TVs and smartphones adopts a new business model and fine-tunes operations, Lei, 47, said in a recent interview. "We are not Apple," Lei, clad in a black polo shirt and blue jeans, said at Xiaomi's Bengaluru office in India, its biggest overseas market. "We have the same value system as Costco. We want users to enjoy better products at an affordable price."

Top presidential strategist Steve Bannon has been booted from the National Security Council amid a reshuffling of the key panel, Bloomberg reports Wednesday morning. President Donald Trump reorganized the council, removing Bannon and downgrading the role of his homeland security adviser, Tom Bossert, the report added, citing multiple sources. From the report: Bannon, the former executive chairman of Breitbart News, was elevated to the National Security Council's principals committee at the beginning of Trump's presidency. The move drew criticism from some members of Congress and Washington's foreign policy establishment. A White House official said that Bannon was placed on the committee in part to monitor Trump's first national security adviser, Michael Flynn, and never attended a meeting. He's no longer needed with McMaster in charge of the council, the official said. Trump fired Flynn on Feb. 13 for not disclosing to the president or to Vice President Mike Pence the extent of his conversations with Russia's ambassador to the U.S., Sergey Kislyak, before Trump's inauguration.

An anonymous reader quotes a report from Bloomberg: General Motors has connected about a quarter of its 30,000 factory robots to the internet, and the largest U.S. automaker already is reaping the benefits of less down time. In the last two years, GM has avoided 100 potential failures of vehicle-assembling robots by analyzing data they sent to external servers in the cloud, Mark Franks, director of global automation, said at a conference in Chicago on Monday. Connectivity is preventing assembly line interruptions and robot replacements that can take as long as eight hours. Internet monitoring allows GM to order parts when it detects they're wearing out instead of having to store them at the factory. That reduces inventory and saves money, Franks said. Hooking robots to the internet for preventive maintenance is just the start of a spurt of new robotics technology, Franks said. GM is using robots that can work safely alongside humans in the factory that produces the Chevrolet Volt plug-in hybrid, he said.

Some coders go from one marathon hacking session to another, subsisting on prize money and schwag. From a feature article on Bloomberg: Peter Ma looked around his San Francisco condo and realized he'd won everything in it. His flat-screen TV, home theater system, 3D printers, phones, tablets, computers and furniture were either hackathon prizes or purchased with hackathon earnings. Stashed under his leather couch -- which he'd bought with an Amazon gift card -- was a thick stack of 2- and 3-foot-long cardboard checks commemorating his most cherished wins. "The only non-schwag I have are shoes," he said. With his gray hoodie and close-cropped goatee, 33-year-old Ma looks like any of the thousands of computer programmers roaming the city, but he's part of an elite corps. He and about a dozen friends travel the hackathon circuit. They build apps, connected devices and other products during all-night, fiercely competitive programming contests where sleep is scarce and caffeine is plentiful. The sessions are usually sponsored by corporations, and top prizes mean serious cash. Some of the hackers have jobs. Some do contracting work. Some have corporate sponsors. Almost all of them are working on a pet startup idea. For Ma and a few others, hackathons are a job. Ma knows he would make more money if he had a more traditional career. He just doesn't want one.

Tesla's Elon Musk poked fun at short sellers as his electric-car maker's stock surged to a record, vaulting its market value past century-old rival Ford. From a report on Bloomberg: "Stormy weather in Shortville..." the chief executive officer tweeted Monday, as Tesla shares climbed as much as 5.8 percent. The maker of Model S sedans and Model X crossovers saw its capitalization surge to about $48.2 billion, $3.1 billion more than Ford, the No. 2 automaker in the U.S. after General Motors Co. Tesla has long been a popular target by short sellers such as Jim Chanos, who famously bet early on energy company Enron's failure -- and was proved right. Short interest in Tesla has risen to 29 percent of its free float from a 52-week low of 20 percent in mid-October, according to Markit data. Tesla's move past Ford came one day after Musk's company reported worldwide shipments of 25,000 cars and SUVs in the first quarter, exceeding analysts' estimates. While Ford delivered about nine times as many vehicles in just the U.S. last month, its sales missed projections and the shares fell.

Two anonymous readers share a report: U.S. Citizenship and Immigration Services quietly over the weekend released new guidance that computer programmers are no longer presumed to be eligible for H-1B visas. This aligns with the administration's focus on reserving the temporary visas for very high-skilled (and higher-paid) professionals while encouraging low- and mid-level jobs to go to American workers instead. The new guidance affects applications for the lottery for 2018 fiscal year that opened Monday. Companies applying for H-1B visas for computer programming positions will have to submit additional evidence showing that the jobs are complex or specialized and require professional degrees. From a Bloomberg report, which has confirmation: The U.S. Citizenship and Immigration Services department issued a memorandum that makes it harder for companies to bring foreign technology workers to the U.S. using the H-1B visa process. The new guidelines, issued late Friday, require additional information for computer programmers applying for the work visa to prove the jobs are complicated and require more advanced knowledge and experience. The new policy is effective immediately, so it will change how companies apply for the visas in an annual lottery process that begins Monday. Indian outsourcing firms, which have faced the most amount of criticism, stand to lose the most. The changes don't explicitly prohibit any applications for a specific type of job. Instead, they bring more scrutiny to those for computer programmers doing the simplest jobs.

"A decade ago, Hollywood writers brought the entertainment industry to a standstill when they walked off the job for three months in a dispute over pay for movies and TV shows distributed online," writes the Los Angeles Times. But they're reporting that it may happen again, with the Writers Guild of America now seeking a strike authorization vote from its members. Streaming services like Netflix and Amazon have transformed Hollywood and contributed to an unprecedented number of quality series being produced -- a phenomenon often described as the new Golden Age of TV. But times haven't been golden for many writers for whom more is now less. Shorter seasons are the new norm, with many series consisting of 10 or fewer episodes on cable and streaming -- less than half the length of traditional seasons on network shows. That has put writers in a financial crunch since many have exclusivity clauses that prevent them from working on multiple shows per season...

"It's getting more and more difficult to make a living as a writer," said John Bowman, a TV writer-producer, and former head of the WGA negotiating committee. Studios are equally dug in as more customers cut the cable cord in favor of streaming options. They're also grappling with a dramatic fall-off in once-lucrative DVD sales and a flattening of attendance at the multiplex. They are releasing fewer titles a year, meaning fewer opportunities for screenwriters... Complicating matters is a lack of transparency. Streaming services operate on subscription models and don't release viewer data, making it difficult to devise a formula for residuals (fees for reruns).
Amazon is a member of the studio alliance, while Netflix "is expected to sign on to an eventual contract." (Though streaming also seems to be hurting the popularity of reruns, which is also reducing the residuals writers receive.) But underscoring the impact of online media, Slashdot reader JustAnotherOldGuy asks, "with all the alternative content available, does anyone care...? Would the writer's strike have any serious impact on your life?"

Australia is close to seizing the global crown for the longest streak of economic growth thanks to a mixture of policy guile and outrageous fortune. From a report: While growth is being underpinned by population gains and resource exports to China, failure to spur productivity has meant stagnant living standards and electoral discontent; a property bubble fueled by record-low interest rates has driven household debt to levels that threaten financial stability; and a timid government facing political gridlock could lose the nation's prized AAA rating as early as May because of spiraling budget deficits. Australia's last recession -- defined locally as two straight quarters of contraction -- occurred in 1991 and was a devastating conclusion to eight years of reform designed to create an open, flexible and competitive economy. But it also proved cathartic, paving the way for a low-inflation, productivity-driven expansion. As momentum started waning, China's re-emergence as a pre-eminent global economic power sent demand for Australian resources skyrocketing, helping shield the nation from the worst of the global financial crisis. But the post-crisis return of the boom proved ephemeral, failing to boost government coffers and pushing the local currency higher, eroding competitiveness and driving another nail into the coffin of a fading manufacturing sector.

From a report: ESPN has lost more than 12 million subscribers since 2011, according to Nielsen, and the viewership erosion seems to be accelerating. Last fall, ESPN lost 621,000 subscribers in a single month, the most in the company's history. In some respects, the challenges facing ESPN are the same that confront every other media company: Young people simply aren't consuming cable TV, newspapers, or magazines in the numbers they once did, and digital outlets still aren't lucrative enough to make up the deficit. But while most of ESPN's TV peers have courted cord cutters -- CBS and Turner Broadcasting, for instance, are allowing anyone to watch some of their March Madness games online for free -- ESPN's view cuts against the conventional wisdom in new media. Essentially, ESPN was hoping that sports will remain unaffected by the growing trend of "cord-cutting." The article adds: If a combination of hockey, low-wattage college sports, and cricket doesn't quite seem worthy of the Worldwide Leader in Sports, that's by design: ESPN doesn't want its new product to draw viewers away from its very profitable cable channel. And, as John Kosner, the network's head of digital and print media notes, when ESPN began broadcasting in 1979, plenty of people doubted whether anyone would want to watch bowling at two in the morning. "I was in college when ESPN started," he says. "I felt sorry for the people working there."

The worth of a college degree is losing its luster in the US job market. From a report on Bloomberg: Wages for college graduates across many majors have fallen since the 2007-09 recession, according to an analysis by the Georgetown University Center on Education and the Workforce in Washington using Census bureau figures. Young job-seekers appear to be the biggest losers. What you study matters for your salary, the data show. Chemical and computer engineering majors have held down some of the best earnings of at least $60,000 a year for entry level positions since the recession, while business and science graduates's paychecks have fallen. A biology major at the start of their career earned $31,000 on an annual average in 2015, down $4,000 from five years earlier. "It has been like this for the past five, six years now," said Ban Cheah, a research professor at Georgetown who compiled the data. "It's a little depressing."

An anonymous reader quotes a report from Bloomberg: Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world's second-richest person. Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com. Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.'s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe's richest person. Amazon's founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8. The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei's $18.4 billion gain and an $11.4 billion rise for Facebook Inc. founder Mark Zuckerberg.

"Given that the Uber vehicle has flipped onto its side it looks to be a high speed crash," writes TechCrunch, though Business Insider reports that no one was seriously injured. An anonymous reader quotes their report: A self-driving Uber car was involved in an accident on Friday night in Tempe, Arizona, in one of the most serious incidents to date involving the growing fleet of autonomous vehicles being tested on U.S. roads... Uber has halted its self-driving-car pilot in Arizona and is investigating what caused the incident... A Tempe police spokesperson told Bloomberg that the Uber was not at fault in the accident and was hit by another car which failed to yield. Still, the collision will likely to turn up the temperature on the heated debate about the safety of self-driving cars.

Friday the Trump administration suffered a political setback when divisions in the president's party halted a move to repeal healthcare policies passed in 2010. But if Trump hopes to turn his attention to how America's H-1B visa program is affecting technology workers, "time is running out," writes Slashdot reader pteddy. Bloomberg reports: [T]he application deadline for the most controversial visa program is the first week of April, which means new rules have to be in place for that batch of applicants or another year's worth of visas will be handed out under the existing guidelines... There probably isn't enough time to pass legislation on such a contentious issue. But Trump could sign an executive order with some changes. The article points out that under the current system, one outsourcing firm was granted 6.5 times as many U.S. visas as Amazon. There's also an interesting map showing which countries' workers received the most H-1B visas in 2015 -- 69.4% went to workers in India, with another 10.5% going to China -- and a chart showing which positions are most in demand, indicating that two-thirds of the visa applications are for tech workers.

An anonymous reader quotes a report from Bloomberg: Wal-Mart Stores Inc. is creating a technology-startup incubator in Silicon Valley to identify changes that will reshape the retail experience, including virtual reality, autonomous vehicle and drone delivery and personalized shopping. The incubator will be called Store No. 8, a reference to a Wal-Mart location where the company experimented with new store layouts. Marc Lore, chief executive officer of Wal-Mart's e-commerce operations, announced the incubator Monday at the ShopTalk conference in Las Vegas. The world's biggest retailer has been overhauling its online team to better challenge Amazon.com Inc. with greater selection and lower prices. Lore founded Jet.com, which Wal-Mart purchased in September for about $3.3 billion in pursuit of Amazon in the e-commerce race. Lore said Wal-Mart has an advantage over "pure play" e-commerce companies because of its large network of stores that attract shoppers for such items as fresh food. The incubator will partner with startups, venture capitalists and academics to promote innovation in robotics, virtual and augmented reality, machine learning and artificial intelligence, according to Wal-Mart. The goal is to have a fast-moving, separate entity to identify emerging technologies that can be developed and used across Wal-Mart.

Apple is beefing up its staff with acquisitions and some big hires to help design augmented reality glasses and iPhone features, according to Bloomberg. From a report: Apple is working on "digital spectacles" that could connect to an iPhone and beam content like movies and maps, Bloomberg's Mark Gurman reported on Monday. The Cupertino, Calif.- based company is also working on augmented reality features for the iPhone that are similar to Snapchat, Bloomberg said. To make its augmented reality push, Apple has acquired augmented reality start-ups FlyBy Media and Metaio, and hired major players from Amazon, Facebook's Oculus, Microsoft's HoloLens, and Dolby.

As part of Southwest's biggest tech upgrade in its 45 years of existence, the company will doing away with several of its antiquated practices, including paper tickets and the use of pneumatic tubes to send messages at airports. Consumerist reports: The airline says the goal of these upgrades is to keep planes moving in and out of airports as quickly as possible. "We're looking for minutes," Chief Operating Officer Mike Van de Ven told Bloomberg. "How do I save a minute here, a minute there? In 2017, we are more deliberate in our continuous improvement efforts." The new reservation system will allow Southwest to accept foreign money -- something its rivals can already do -- bounce back faster from storms, and have more control over price changes and schedules. Ramp workers will be getting tablets with real-time information to speed up airplanes' "turn time" -- how quickly they can deboard and reboard passengers and take off again. Tarmac staffers also won't be using pneumatic tubes anymore to send notes via canister about lost luggage and other communications to the cargo workers in charge of calculating jet weight and balance. Digital transmissions will replace that system, as well as printouts for workers who transport bags to and fro. Customers will be seeing changes as well, as the new reservation system means Southwest can ditch paper tickets altogether and stick with electronic tickets only.

Corinne Gretler, reporting for Bloomberg: Swatch said it's developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland's largest maker of timepieces vies with Silicon Valley for control of consumers' wrists. The company's Tissot brand will introduce a model around the end of 2018 that uses the Swiss-made system, which will also be able to connect small objects and wearables, Swatch Chief Executive Officer Nick Hayek said in an interview Thursday. The technology will need less battery power and it will protect data better, he said later at a press conference. Switzerland's four-century-old watch industry has been adjusting to new competition since Apple entered its territory with the Apple Watch in 2015. Hayek faces the uphill challenge of trying to outsmart Google and Apple, which have fended off would-be rivals to their operation systems in smartphones and watches.

From a report on Bloomberg: At least 25 verified international Twitter accounts (Editor's note: other outlets are saying the number is in hundreds) have posted content supporting Turkish President Recep Tayyip Erdogan in his feud with Germany and the Netherlands, with hashtags reading, in Turkish, "NaziGermany" and "NaziHolland." The accounts that were hacked include international news organizations such as the German newspaper Die Welt, Forbes Magazine, BBC North America, and Reuters Japan. It also targeted the Twitter accounts of the European Parliament, French politicians like Alain Juppe, Sprint Corp's CEO and President Marcelo Claure, among others. Gizmodo adds:It was an incredibly bad week for Dutch-Turkish relations. Turkish voters go to the polls next month on April 16th to decide whether President Erdogan should be given more powers. In the lead up to this vote, Turkish diplomats in the Netherlands had been speaking at Dutch rallies to Turkish ex-pats in support of the referendum. But Dutch officials prevented the Turkish ministers from speaking, causing a dust-up between the two countries. [...] Even where some of the tweets have been deleted, the banner image of the Turkish flag sometimes remains, like on the account for Starbucks Argentina.Twitter said in a statement, "We are aware of an issue affecting a number of account holders this morning. Our teams are working at pace and taking direct action on this issue. We quickly located the source which was limited to a third party app. We removed its permissions immediately."

From a report on Bloomberg: The case for daylight saving time has been shaky for a while. The biannual time change was originally implemented to save energy. Yet dozens of studies around the world have found that changing the clocks has either minuscule or non-existent effects on energy use. [...] The latest research suggests the time change can be harmful to our health and cost us money. The suffering of the spring time change begins with the loss of an hour of sleep. That might not seem like a big deal, but researchers have found it can be dangerous to mess with sleep schedules. Car accidents, strokes, and heart attacks spike in the days after the March time change. It turns out that judges, sleep deprived by daylight saving, impose harsher sentences. [...] Some of the last defenders of daylight saving time have been a cluster of business groups who assume the change helps stimulate consumer spending. That's not true either, according to recent analysis of 380 million bank and credit-card transactions by the JPMorgan Chase Institute.

Bill Gates argued governments should tax companies that use replace humans with robots, which "provoked enough negative feedback to fry a motherboard," according to CBS News. Here's how they summarized some of the reactions:

• "Why pick on robots?" former Treasury Secretary Summers asked in a Washington Post opinion piece, which called Gates "profoundly misguided." The economist argued that progress, however messy and disruptive sometimes, ultimately benefits society overall.
• Mike Shedlock, a financial adviser with Sitka Pacific Capital Management in Edmonds, Washington, wrote on his blog that robot owners, who likely would pay the tax, would simply pass it along by jacking up prices.
• The European Union's parliament in February rejected a measure to impose a tax on robots, using much the same reasoning as Gates' critics.

But even while acknowledging that technology can complement humans rather than replacing them, a Bloomberg columnist argues that "Gates is right to say that we should start thinking ahead of time about how to use policy to mitigate the disruptions of automation." So if we're not going to tax robots, then how should society handle the next great wave of automated labor?

Currently, California law requires that all self-driving cars used for testing purposes be done with a human behind the wheel, so that they can take control if necessary. While California has been fairly strict on how self-driving cars are to be used in the state, they appear to be relaxing several of the rules. "The state's Department of Motor Vehicles released proposed regulations Friday for autonomous vehicles, dropping an earlier requirement that a human driver had to be present while testing on public roads," reports Bloomberg. "The DMV also backed down on a previous rule that vehicles needed a steering wheel and pedals for the operator to take back control." From the report: "When we think of driverless vehicles they can either have conventional controls, which are steering wheels, pedals, things like that, or they cannot," said California DMV Chief Counsel Brian Soublet during a conference call with reporters. If companies test vehicles without conventional controls, they have to show the California DMV that they have approval from the National Highway Traffic Safety Administration, he added. NHTSA said in early 2016 that self-driving software systems, not just humans, can be considered drivers. "If California was going to keep that level of development activity in the state, what they did was necessary and timely," said Eric Noble, president of The CarLab, an automotive consulting firm. "They kind of had to do it because at some point manufacturers can't move autonomous vehicles forward without getting controls out of cars." The proposed regulations have a 45-day public comment period that ends April 24. That will be followed by a public hearing. During Friday's conference call, the California DMV said the rules should be completed by the end of the year.

Currently, California law requires that all self-driving cars used for testing purposes be done with a human behind the wheel, so that they can take control if necessary. While California has been fairly strict on how self-driving cars are to be used in the state, they appear to be relaxing several of the rules. "The state's Department of Motor Vehicles released proposed regulations Friday for autonomous vehicles, dropping an earlier requirement that a human driver had to be present while testing on public roads," reports Bloomberg. "The DMV also backed down on a previous rule that vehicles needed a steering wheel and pedals for the operator to take back control." From the report: "When we think of driverless vehicles they can either have conventional controls, which are steering wheels, pedals, things like that, or they cannot," said California DMV Chief Counsel Brian Soublet during a conference call with reporters. If companies test vehicles without conventional controls, they have to show the California DMV that they have approval from the National Highway Traffic Safety Administration, he added. NHTSA said in early 2016 that self-driving software systems, not just humans, can be considered drivers. "If California was going to keep that level of development activity in the state, what they did was necessary and timely," said Eric Noble, president of The CarLab, an automotive consulting firm. "They kind of had to do it because at some point manufacturers can't move autonomous vehicles forward without getting controls out of cars." The proposed regulations have a 45-day public comment period that ends April 24. That will be followed by a public hearing. During Friday's conference call, the California DMV said the rules should be completed by the end of the year.

Two anonymous reader share a Bloomberg report: U.S. employers added jobs at an above-average pace for a second month on outsized gains in construction and manufacturing while wage growth picked up, as the labor market continued its steady improvement in the new year. The 235,000 increase followed a 238,000 rise in January that was more than previously estimated, the best back-to-back rise since July, a Labor Department report showed Friday in Washington. The unemployment rate fell to 4.7 percent, and wages grew 2.8 percent from February 2016. While unseasonably warm weather may have boosted the payrolls count, the data represent President Donald Trump's first full month in office and coincide with a surge in economic optimism following his election victory.

Amazon, the e-commerce giant that's shaking up the entertainment industry, says it's open to pursuing deals to stream content through cable operators' set-top boxes, much like Netflix has done in the U.S. and Europe. From a report on Bloomberg: "Amazon is definitely open to those partnerships and to be fair, we haven't done as much there as Netflix have done," Alex Green, managing director of Amazon Video, said Thursday at the Cable Congress conference in Brussels. So far, Amazon has been more focused on growing its customers and building its own devices, he said. But "we do talk to all sorts of players in the cable industry." Amazon, which won its first Academy Awards last month for movies "Manchester by the Sea," and "The Salesman," is challenging pay-TV providers and video-game developers as the Seattle-based company expands beyond its online retail roots with growing media ambitions. The rise of internet-based subscription services from the likes of Amazon Prime, Netflix, and Alphabet's YouTube, have stoked analyst predictions that consumers will increasingly ditch cable and kill traditional TV.

Mary Jo Foley, writing for ZDNet: There have been rumors for the past several years that Windows Server would be coming to ARM. Today, March 8, that rumor became an acknowledged reality. Microsoft officials said that the company is committed to use ARM chips in machines running its cloud services. Microsoft will use the ARM chips in a cloud server design that its officials will detail at the the US Open Compute Project Summit today, March 8. Microsoft has been working with both Qualcomm and Cavium on the version of Windows Server for ARM, according to company officials. From a report on Bloomberg: Intel chips have remained one of the sole big-name products widely in use. Microsoft's work with ARM, in progress for several years, could pave the way for a real challenge to Intel, which controls more than 99 percent of the market for server chips. [...] Any challenge to Intel's dominance in server chips is a threat to its most profitable business and main revenue driver as demand for PC processors continues to shrink. The company's Data Center Group turned $17.2 billion of sales into $7.5 billion of operating profit in 2016, and Intel has been running ads that say, "98 percent of the cloud runs on Intel."

According to Axios, Bloomberg, and several other publications, President Trump has nominated FCC chairman Ajit Pai for a second five-year term at the commission. "Pai's current term ended last June, though he's been able to stick around through the end of the year even without reconfirmation," reports The Verge. From the report: The nomination comes just days after Pai sat down with the president for a meeting, during which they're said to have "reconnected" but without actually discussing anything the commission is actively considering. Pai will need confirmation from the Senate for the nomination to be approved. He was first nominated in 2012 to fill the slot of a commissioner. With approval, he'll be able to stick around through at least the entirety of Trump's current term. The question now is when Trump will nominate people to fill the two slots still vacant at the commission. The FCC remains short staffed, with only three out of five seated leaders, which somewhat limits how quickly Pai is able to get through his agenda.

BarbaraHudson writes: Bloomberg is reporting that the "new" RadioShack is preparing to file for bankruptcy. From the report: "General Wireless Operations, the RadioShack successor created by a partnership between Sprint Corp. and the defunct retailer's owners, is preparing to file for bankruptcy, according to people familiar with the matter. A filing could happen within the coming days and will probably result in liquidation, said the people, who asked not to be identified because the process isn't public. The beleaguered company, which does business as RadioShack, operates outlets that share space with Sprint's retail locations, as well as franchising the name to other stores." Investors had thrown $75 million in lines of credit and term loans at the business, which was used for "renovated locations and updated inventory." That's less than $60,000 per store -- chickenfeed in today's world, where renovating a McDonalds can run between $500,000 and $2,000,000, and you're not trying to pivot.

Dina Bass, reporting for Bloomberg: Artificial intelligence boosters predict a brave new world of flying cars and cancer cures. Detractors worry about a future where humans are enslaved to an evil race of robot overlords. Veteran AI scientist Eric Horvitz and Doomsday Clock guru Lawrence Krauss, seeking a middle ground, gathered a group of experts in the Arizona desert to discuss the worst that could possibly happen -- and how to stop it. Their workshop took place last weekend at Arizona State University with funding from Tesla co-founder Elon Musk and Skype co-founder Jaan Tallinn. Officially dubbed "Envisioning and Addressing Adverse AI Outcomes," it was a kind of AI doomsday games that organized some 40 scientists, cyber-security experts and policy wonks into groups of attackers -- the red team -- and defenders -- blue team -- playing out AI-gone-very-wrong scenarios, ranging from stock-market manipulation to global warfare.

A new video published by Bloomberg shows Uber CEO Travis Kalanick arguing with an Uber driver over fares. It all started when one of Kalanick's "companions" appears to say that she's heard that Uber is having a hard year. Bloomberg reports: That pleasant conversation between Kalanick and his friends in the back of an Uber Black? It devolved into a heated argument over Uber's fares between the CEO and his driver, Fawzi Kamel, who then turned over a dashboard recording of the conversation to Bloomberg. Kamel, 37, has been driving for Uber since 2011 and wants to draw attention to the plight of Uber drivers. The video shows off Kalanick's pugnacious personality and short temper, which may cause some investors to question whether he has the disposition to lead a $69 billion company with a footprint that spans the globe. Uber declined to comment on the video. Here's part of the conversation:
Travis Kalanick: "So we are reducing the number of black cars in the next few months."
Fawzi Kamel: "It's good."
Kalanick: "You probably saw some email."
Kamel: "I saw the email [says] it starts in May. But you're raising the standards and dropping the prices."
Kalanick: "We're not dropping the prices on black."
Kamel: "But in general."
Kalanick: "In general but we have competitors. Otherwise we'd be out of business."
Kamel: "Competitors? You had the business model in your hands you could have the prices you want but you choose to buy everybody a ride."

You can read the transcript of the conversation here via Recode.

UPDATE 2/28/17: Uber CEO Travis Kalanick has issued "a profound apology."

Today, FCC commissioner Ajit Pai confirmed that his agency would not review AT&T's Time Warner purchase, clearing the way for the Justice Department to likely approve the deal. Engadget reports: Last month, AT&T revealed how it might structure its deal to acquire Time Warner without having to go through FCC review. The communications giant noted that it "anticipated that Time Warner will not need to transfer any of its FCC licenses ... after the closing of the transaction." That means that the FCC wouldn't need to review the transaction. "That is the regulatory hook for FCC review," Pai said in an interview with The Wall Street Journal. "My understanding is that the deal won't be presented to the commission." The WSJ notes that this would leave the Justice Department as the only governmental agency reviewing the potential deal. Time Warner has said that it has "dozens" of FCC licenses, but the company believes those won't need to be transferred to AT&T as part of the merger, thus keeping the FCC out of the deal. The report notes that the deal still might not go through even if the FCC won't review the transaction. There's a lot of opposition to it from consumer advocacy groups, and President Donald Trump has said he opposes the deal.

When an Uber self-driving car ran a red light last year, they blamed and suspended the car's driver, even though it was the car's software that malfunctioned, according to two former employees, ultimately causing Uber cars to run six different red lights. But technical issues may be only the beginning. An anonymous reader writes: Jalopnik points out that in 2016 Uber "burned through more than $2 billion, amid findings that rider fares only cover roughly 40% of a ride, with the remainder subsidized by venture capitalists" (covering even less than the fares of government-subsidized mass transit systems). So despite Google's lawsuit and other recent bad publicity, "even when those factors are removed, it's becoming more evident that Uber will collapse on its own."

Their long analysis argues that the problems are already becoming apparent. "Uber, which didn't respond to questions from Jalopnik about its viability, recently paid $20 million to settle claims that it grossly misled how much drivers could earn on Craigslist ads. The company's explosive growth also fundamentally required it to begin offering subprime auto loans to prospective drivers without a vehicle."
Last month transportation industry analyst Hubert Horan calculated that Uber Global's losses have been "substantially greater than any venture capital-funded startup in history."

An anonymous reader quotes a report from Bloomberg: It took Alphabet Inc.'s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies Inc. allegedly did it in nine months. Waymo claims in a lawsuit filed Thursday that was possible because a former employee stole the designs and technology and started a new company. Waymo accuses several employees of Otto, a self-driving startup Uber acquired in August for $680 million, of lifting technical information from Google's autonomous car project. The "calculated theft" of Alphabet's technology earned Otto's employees more than $500 million, according to the complaint in San Francisco federal court. The claims in Thursday's case include unfair competition, patent infringement and trade secret misappropriation. Waymo was inadvertently copied on an e-mail from one of its vendors, which had an attachment showing an Uber lidar circuit board that had a "striking resemblance" to Waymo's design, according to the complaint. Anthony Levandowski, a former manager at Waymo, in December 2015 downloaded more than 14,000 proprietary and confidential files, including the lidar circuit board designs, according to the complaint. He also allegedly created a domain name for his new company and confided in some of his Waymo colleagues of plans to "replicate" its technology for a competitor. Levandowski left Waymo in January 2016 and went on in May to form Otto LLC, which planned to develop hardware and software for autonomous vehicles.

Deena Shanker, writing for Bloomberg: If you pull out your phone to check Twitter while waiting for the light to change, or read e-mails while brushing your teeth, you might be what the American Psychological Association calls a "constant checker." And chances are, it's hurting your mental health. Last week, the APA released a study finding that Americans were experiencing the first statistically significant stress increase in the survey's 10-year history. In January, 57 percent of respondents of all political stripes said the U.S. political climate was a very or somewhat significant source of stress, up from 52 percent who said the same thing in August. On Thursday, the APA released the second part of its 1 findings, "Stress In America: Coping With Change," examining the role technology and social media play in American stress levels. [...] The highest stress levels, it should be noted, are reserved for those who constantly check their work e-mail on days off. Their average stress level is 6.0. So those of you who think it's somehow pleasant to work from home on a Saturday afternoon, you're actually fooling yourself.

An anonymous reader quotes a report from Ars Technica: Apple has been building its giant new "spaceship" campus in the company's hometown of Cupertino, California, since December of 2013, and since then fans have paid obsessive attention to the structure. It gets buzzed by drones constantly, and the most popular YouTube videos of the building in progress have amassed well over half-a-million views apiece. The company announced today that the campus will be open to employees starting in April and that the building and environs now have a name: Apple Park. Apple says that moving the 12,000 employees who will work at the campus will take more than six months, and landscaping and construction on some buildings won't be done until the summer. The new campus mostly replaces the university-style Infinite Loop campus Apple has used since 1993, though Apple has said that it will also be keeping the older buildings. The new campus' cost has been estimated at around $5 billion. Apple will also be naming one space on the new campus after its founder and former CEO -- the Steve Jobs Theater will replace the current Town Hall event space that Apple sometimes uses for company meetings and product announcements, and it will open "later this year." The new space will be much larger (it will seat 1,000, compared to roughly 300 for the Town Hall), and the larger space will presumably allow Apple to launch more of its products on its campus rather than having to rent expensive event space in downtown San Francisco. The company is also moving its Worldwide Developers Conference closer to home this year -- it will return to San Jose after many years at the Moscone Center in San Francisco.

Verizon will test faster fifth-generation (5G) mobile broadband service in 11 markets in the first half of this year as the nation's largest wireless carrier tries to take the lead in the 5G race. From a report on Bloomberg: Working with equipment partners including Ericsson and Samsung, Verizon will beam 5G signals to a test group of homes and businesses in Ann Arbor, Michigan; Atlanta; Bernardsville, New Jersey; Brockton, Massachusetts; Dallas; Denver; Houston; Miami; Sacramento, California; Seattle; and Washington, D.C., according to a statement released as part of Mobile World Congress, which starts this week in Barcelona. While 5G service isn't expected to be commercially available until 2020, Verizon and its closest rival, AT&T, are bringing the technology out of the lab and into the hands of actual users to spur development.

mi writes: A Bloomberg article describes a test conducted by UPS on Monday, "launching an unmanned aerial vehicle from the roof of a UPS truck about a quarter-mile to a blueberry farm outside Tampa, Florida. The drone dropped off a package at a home on the property, and returned to the truck, which had moved about 2,000 feet." The company is looking to design a "rolling warehouse" system in which a drone is "deployed from the roof of a UPS truck and flies at an altitude of 200 feet to the destination." It returns after dropping off the package while the truck is already on its way to the next stop.