Domain: fortune.com
Stories and comments across the archive that link to fortune.com.
Stories · 422
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Snapchat Reportedly Acquires Bitmoji Maker Bitstrips For $100 Million (fortune.com)
An anonymous reader writes: According to a report from Fortune, Snapchat, the messaging platform which has recently become the number one free app on the App Store, has agreed to acquire Bitstrips, the folks behind the popular emoji-creation service Bitmoji. Fortune's sources has said the deal is "in the ballpark" of $100 million. TechCrunch writes, "The idea behind Bitmoji is simple. Users download the app and create an Avatar that represents them. They can choose from a wide range of options like face shape, hair color and cut, eye shape and color, etc. From there, Bitmoji is added as a third-party keyboard, and the app offers hundreds of options for users to send to their friends, all featuring their avatar." It'll be interesting to see which features of Bitstrips will be implemented into Snapchat, given Bitstrip's experience with keyboard integrations. -
Microsoft May Help Finance Yahoo Buyout, Says Report
Microsoft is in talks with equity firms that are considering making bids for purchasing Yahoo. The company says that it is willing to offer a significant financing for their efforts, reports Kara Swisher, who has a commendable track record. Swisher, however, adds that Microsoft is yet to make any commitments so far to investors. From her report at Recode: Microsoft wants to ensure that if Yahoo is sold, whoever buys it will be a good partner going forward. That makes sense, since Microsoft has close search and advertising ties with Yahoo, part of a longtime partnership. Many don't realize this but, Yahoo still has a number of web properties that are churning a lot of cash. According to web traffic monitoring website SimilarWeb, Yahoo website, for instance, alone is visited about 6.7 billion times every month. That's a lot of money in the advertising world. According to a report, Yahoo also recently got serious about advertising on Tumblr, one of the most popular blogging platforms. The company is considering a deal with Facebook to allow the social juggernaut to run ads on its network. Then we have popular photo storage and sharing service Flickr and also Yahoo's investment in Chinese technology conglomerate Alibaba. Although Yahoo has lost its "charm" over the years, it is still a pretty major company. For Microsoft, which has purchased a number of startups in the past two years, putting money in Yahoo could eventually turn out to be a great deal. -
Microsoft and HP Enterprise Invest $73.5 Million In Mesosphere Startup (thestack.com)
An anonymous reader quotes a report from The Stack: Mesosphere, creator of the world's first data center operating system, has confirmed significant strategic investment from Microsoft and Hewlett Packard Enterprise. Mesosphere, built on the open-source Apache Mesos project, closed $73.5 million in a Series C funding round. With HPE and Microsoft leading the round, the startups total funding to date tallies at almost $126 million. The operating system is currently used at mega-scale by customers including Verizon, Netflix and Twitter. It also underpins Microsoft's Azure Container solutions. -
Apple Hires Corporate Security Chief Amid Legal Battle With FBI (fortune.com)
An anonymous reader writes: Apple has hired a new security executive to oversee its corporate digital defenses as a result of the ongoing battle with the U.S. government over law enforcement's desire to crack into the San Bernardino shooter's iPhone 5c. George Stathakopoulos, former vice president of information security at Amazon.com and before that Microsoft's general manager of product security, is the new appointee designated to be the vice president of corporate information security. Stathakopoulos will be responsible for protecting corporate assets, such as the computers used to design products and develop software, as well as data about customers. The new hire is a sign of increased focus on security issues at Apple. -
Standing Desks May Not Be Healthier Than Sitting All Day, Say Scientists (fortune.com)
An anonymous reader writes from a Fortune article: Standing desks are the fashionable furniture of choice at the moment, but they may not really be the healthier alternative to, well, a chair. A review of studies into the benefits of "workplace interventions" to reduce sitting at work, such as sit-stand desks, are inconclusive, according to researchers from a Cochrane work group. That's because there's little evidence of the long-term effects of standing at your desk. "At present there is very low to low-quality evidence that sit-stand desks may decrease workplace sitting between thirty minutes to two hours per day without having adverse effects at the short or medium term," scientists wrote in an updated Cochrane Database of Systematic Reviews study released this week. -
Tim Cook Talks About Encryption, Right to Privacy, Public Safety, and DOJ (time.com)
TIME reporters sat down with Apple CEO, Tim Cook, to talk about encryption, public safety, and right to privacy among other subjects. The wide-ranging interview captures Cook's discomfort with how his company has been treated by the Department of Justice. Following are some interesting excerpts from the interview: The thing that is different to me about Messages versus your banking institution is, the part of you doing business with the bank, they need to record what you deposited, what your withdrawals are, what your checks that have cleared. So they need all of this information. That content they need to possess, because they report it back to you. That's the business they're in. Take the message. My business is not reading your messages. I don't have a business doing that. And it's against my values to do that. I don't want to read your private stuff. So I'm just the guy toting your mail over. That's what I'm doing. So if I'm expected to keep your messages, and everybody else's, then there should be a law that says, you need to keep all of these. [...] Law enforcement should not be whining about iPhones; it should be rolling around in all the other free information that criminals and terrorists are spewing through social networks and Nest thermostats, surveillance cameras and Hello Barbies. [...] Going dark -- this is a crock. No one's going dark. -
DOJ Threatens To Seize iOS Source Code (idownloadblog.com)
An anonymous reader writes from an article posted on iDownloadBlog: The DoJ is demanding that Apple create a special version of iOS with removed security features that would permit the FBI to run brute-force passcode attempts on the San Bernardino shooter's iPhone 5c. Meanwhile, President Barack Obama has made public where he stands on the Apple vs. FBI case, which has quickly become a heated national debate. In the court papers, DoJ calls Apple's rhetoric in the San Bernardino standoff as "false" and "corrosive" because the Cupertino firm dared suggest that the FBI's court order could lead to a "police state." Footnote Nine of DoJ's filing reads:
"For the reasons discussed above, the FBI cannot itself modify the software on the San Bernardino shooter's iPhone without access to the source code and Apple's private electronic signature. The government did not seek to compel Apple to turn those over because it believed such a request would be less palatable to Apple. If Apple would prefer that course, however, that may provide an alternative that requires less labor by Apple programmers."
As Fortune's Philip-Elmer DeWitt rightfully pointed out, that's a classic police threat. "We can do this [the] easy way or the hard way. Give us the little thing we're asking for -- a way to bypass your security software -- or we'll take [the] whole thing: your crown jewels and the royal seal too," DeWitt wrote. "With Apple's source code, the FBI could, in theory, create its own version of iOS with the security features stripped out. Stamped with Apple's electronic signature, the Bureau's versions of iOS could pass for the real thing," he added. -
A Customer-Driven Business Model For Twitter (jeffreifman.com)
reifman writes: As revolving door of Twitter executives makes headlines and its $100+ million quarterly losses continue, it's not clear the company will survive the year without being acquired for a quarter of its offering price. The solution for Twitter's business challenges could be to adopt an engaging feature rich subscriber model that reaffirms its status as the platform of a global democratic communication hub. Here are fifteen ideas for Twitter to transform into a profitable user-centered business including integration of open source Signal for secure phone calls and direct messaging, Stellar for payments and domain mapping and blog hosting with your feed front and center. -
The President Wants Every Student To Learn CS. How Would That Work? (npr.org)
theodp writes: The very first proposal President Obama put forth in his final State of the Union address Tuesday night for his remaining year in office was "helping students learn to write computer code." While the President wants every student to learn CS, NPR notes that getting a new, complex, technical subject onto the agendas of our public schools is a massive challenge, prompting it to ask, How Would That Work? That Microsoft CEO Satya Nadella attended the SOTU address as Michelle Obama's guest suggests the President is counting on the kindness of tech titans to help make things happen. Microsoft and Obama have worked together to try to get CS in the schools since at least 2006, when Microsoft announced a $1 million donation to NCWIT, which it indicated would facilitate "taking the discussion to a national stage" at a Washington, D.C. Innovation and Diversity Town Hall co-sponsored by the NSF and keynoted by then-Senator Barack Obama. "Most of all, what inspires me about this program [NCWIT] are the prospects of my two daughters," Obama said at the time (video). "I want them to go as far as their dreams may take them. And, unfortunately because of long historic discrimination in the areas of gender, we can't be assured of that." -
Are Phone Numbers Doomed To Die? (fortune.com)
HughPickens.com writes: Valentina Zarya writes at Fortune Magazine that the top 2016 prediction for David Marcus, Facebook's vice president of messaging products, is the disappearance of the phone number and its replacement by applications like Facebook's Messenger. " You can make video and voice calls while at the same time not needing to know someone's phone number," writes Marcus. "You don't need to have a Facebook account to use Messenger anymore, and it's also a cross platform experience – so you can pick up where you left off whether you're on a desktop computer, a tablet, or your phone." Jonah Berger, Wharton professor and author of "Contagious: Why Things Catch On" agrees. "For most of us, I think it's really hard to actually remember what someone's phone number actually is. We use our phones so often or we click on a button that has it. But if there was a test where you had to say, do you remember your best friends number or could you type in your best friend's number I think most of us would fail."
But not everyone agrees that Marcus' predictions are objective and disinterested. "It's all very well the company wanting to be the de facto Internet — especially in places like India. But drier minds and eyes might wonder whether the wish to eradicate phone numbers has something to do with not everyone having yet given Facebook their phone numbers," says Chris Matyszczyk. "It may well be that phone numbers will disappear. Some, though, might wonder how making their disappearance a company theme squares with what Marcus claims is the ultimate goal: 'It's all about delight.' This one's easy. It's all about delighting Facebook." -
Tech Professionals' Aggravations Rise, But So Do Salaries (dice.com)
Nerval's Lobster writes: Despite some concerns over the stock market and whether the so-called "unicorns" will survive the year, it's apparently still a good time to get into tech: New data from Robert Half Technology suggests that salaries for various tech positions will increase as much as 7 percent this year. Which is good, because tech professionals have confessed to a host of aggravations with their lives, including too-expensive housing, lengthy commutes and gridlock, inability to achieve work-life balance, and a disconnect from their jobs. It's neither the best nor worst of times, but the money could be pretty good. -
SpaceX Plans Drone Ship Landing On January 17th (nbcnews.com)
Rei writes: With the world's first successful low-speed landing of an orbital rocket's first stage complete, SpaceX looks to continue that success by attempting its second landing — this time, on their new drone ship in the Pacific. While SpaceX has announced plans to turn their successfully-landed rocket, reportedly flight-ready, into a a museum piece, the stage they recover next may be SpaceX's first chance to prove the mudslinging of their competitors wrong and show that Russia's worries are well founded. That is, if they can successfully pull it off. -
Uber In Retreat Across Europe
HughPickens.com writes: Mark Scott reports at the NY Times that Uber is rapidly expanding its ride-hailing operations across the globe but some of Uber's fiercest opposition has come in Europe, where the culture clash between the remorseless competition of the US tech industry and the locals' respect for tradition and deference to established interests is especially stark. In Frankfort, Uber shut its office after just 18 months of operation spurred in part by drivers like Hasan Kurt, the owner of a local licensed taxi business, who had refused to work with the American service. Uber antagonized local taxi operators by prioritizing its low-cost service, and then could not persuade enough licensed drivers to sign up, even after it offered to pay for licenses and help with other regulatory costs that totaled as much as $400 for new drivers. "It's not part of the German culture to do something like" what Uber did says Kurt. "We don't like it, the government doesn't like it, and our customers don't like it."
Uber also pulled out of Hamburg and Düsseldorf after less than two years of operating in each of those German cities. In Amsterdam, Uber recently stopped offering UberPop, in Paris and Madrid, Uber has been confronted by often violent opposition from existing taxi operators, while in London, local regulators are mulling changes that could significantly hamper Uber's ambitions there. Uber's aggressive tactics have turned off potential customers like Andreas Müller who tried the company's Frankfurt service after first using Uber on a business trip in Chicago. Müller said he liked the convenience of paying through his smartphone, but soon turned against the company after reading that it had continued operating in violation of court orders and did not directly employ its drivers, who are independent contractors. "That might work in the U.S., but that's not how things are done here in Germany," says Müller. "Everyone must respect the rules." -
BlackBerry Will Continue Operations In Pakistan (fortune.com)
An anonymous reader writes: At the end of November, BlackBerry announced it would pull its operations out of Pakistan after the country's government demanded access to BlackBerry's user data. The Pakistan government has now dropped that request, and BlackBerry will continue operating there as a result. In a statement, BlackBerry COO Marty Beard said, "We are grateful to the Pakistan Telecommunication Authority and the Pakistani government for accepting BlackBerry's position that we cannot provide the content of our customers' BES traffic, nor will we provide access to our BES servers." -
Tesla Will Have Self-driving Cars In Just Two Years, Elon Musk Boldly Declares (fortune.com)
An anonymous reader writes: In a new interview with Fortune, outspoken Tesla CEO Elon Musk said the electric automaker is just two years away from developing fully autonomous vehicles that can operate ably and safely in any type of environment. While Musk has long championed an automotive age filled with self-driving cars, this is the most optimistic timeline for their deployment we've seen Musk make yet. In fact, Musk in 2014 said the requisite technology to manufacture a self-driving car was still about five to six years away. "I think we have all the pieces," Musk said, "and it's just about refining those pieces, putting them in place, and making sure they work across a huge number of environments—and then we're done. It's a much easier problem than people think it is." -
Microsoft Buys Talko, Another Ray Ozzie Company (fortune.com)
alphadogg writes: Every decade or so Microsoft seems to feel the need to buy a Ray Ozzie company. This time it's Talko, a Boston-based startup dedicated to helping workgroups (or families or other sets of associates) collaborate using their smartphones. Terms were not disclosed, but in a blog post the company said Talko technology, at least part of it, will live on in Skype. If this rings a bell to long-timers it's because ten years ago Microsoft bought Groove Networks, Ozzie's then Boston-area startup geared for, yes, computer-assisted collaboration. -
IBM and Linux Foundation To Create Blockchain For Major Financial Institutions (thestack.com)
An anonymous reader writes: Following initial news of the project in March, IBM, under the supervision of the Linux Foundation and in partnership with several major tech interests including Fujitsu, has announced today that it will lead development of a new blockchain — a financial transaction ledger fashioned after the Bitcoin model. Provisionally called Open Ledger, the new initiative is aimed specifically at financial transactions, and though it will be open source in terms of development, but 'semi-private' in operation. Those with an interest in the project are said to include JP Morgan, Wells Fargo and the Bank of England. IBM VP Jerry Cuomo, who has discussed the project with Fortune and Wired, commented "The current blockchain is a great design pattern...Now, how do we make that real for business? What are the key attributes needed to make that happen? That's what this organization is about." -
Volkswagen Says Carbon Deviations Much Smaller Than Suspected (wsj.com)
An anonymous reader writes: Back in November, shortly after the Volkswagen emissions scandal broke, the company voluntarily disclosed the results of a quick internal probe which found that 800,000 more vehicles had inconsistencies with their CO2 output. After investigating the issue more fully, the company now says the vast majority of those cars — all but 36,000 — check out just fine. "Following extensive internal investigations and measurement checks, it is now clear that almost all of these model variants do correspond to the CO2 figures originally determine," they said. A report at the Wall Street Journal (paywalled) notes that this is good news, but reminds us that "Volkswagen has yet to clarify the much larger issue of how it came to outfit some 11 million diesel vehicles to cheat in emissions testing for nitrogen oxide." -
Report Claims Microsoft Beat Apple in Online Tablet Sales for October (winbeta.org)
Eloking writes: Apple's iPad tablet ushered in the modern tablet era when it was introduced in 2010, and it's dominated tablet sales ever since. iPad sales have stagnated recently, but nevertheless Apple has maintained its lead in overall tablet market share. WinBeta received an early version of an upcoming report, '1010data Facts for Ecom Insights, January 2014 – October 2015' by the 101data Ecom Insights Panel, however, that indicates all of that might be changing as Microsoft assumes the mantle of best-selling tablet maker in terms of online sales in October. -
Yahoo Denies Ad-blocking Users Access To Email (washingtonpost.com)
JoeyRox writes: Yahoo is running an A/B test that blocks access to Yahoo email if the site detects that the user is running an Ad Blocker. Yahoo says that this a trial rather than a new policy, effecting only a "small number" of users. Those lucky users are greeted with a message that reads "Please disable Ad Blocker to continue using Yahoo Mail." Regarding the legality of the move, "Yahoo is well within its rights to do so," said Ansel Halliburton an attorney at Kronenberger Rosenfeld who specializes in Internet law. -
Beats Music To Shut Down November 30 (fortune.com)
UnknowingFool writes: After November 30, Beats Music subscriptions will be cancelled and no longer work, according to Apple. Subscribers can use Apple Music, which has many of the same features. This shutdown was not unexpected when Apple purchased Beats last year for $3 billion, as Apple has a history of buying companies for various reasons other the products. Many former companies have been absorbed into Apple in one form or another in this manner: the technology of Fingerworks peripherals was the start of multi-touch for iPhones; PA Semi and Intrinsity personnel were the core of Apple's internal chip design teams; and AuthenTec made biometric technology that became the backbone of Touch ID. -
Boot Camps Introducing More Women To Tech (dice.com)
Nerval's Lobster writes: A new study from Course Report suggests that boot camps are introducing more women to the tech-employment pipeline. Data for the study came from 769 graduates from 43 qualifying coding schools (a.k.a. boot camps). Some 66 percent of those graduates reported landing a full-time job that hinged on skills learned at the boot camp. Although the typical "bootcamper" is 31 years old, with 7.6 years of work experience, relatively few had a job as a programmer before participating in a boot camp. Perhaps the most interesting data-point from Course Report, though, is that 36 percent of "bootcampers" are women, compared to 14.1 percent coming into the tech industry via undergraduate programs. Bringing more women and underrepresented groups into the tech industry is a stated goal of many companies. Over the past few years, these companies' diversity reports have bemoaned how engineering and leadership teams skew overwhelmingly white and male. Proposed strategies for the issue include adjusting how companies recruit new workers; boot camps could also quickly deepen the pool of potential employees with the right skills. -
HP To Shut Down Its OpenStack Based Public Cloud (fortune.com)
An anonymous reader writes: Hewlett-Packard, which has been backing off on ambitious public cloud plans for a year, is now calling it quits, sunsetting HP Helion Public cloud in January 2016. in a buzzword-laden blog post, the company says its building out support for interoperability with Amazon and Microsoft public cloud offerings to provide options for customers who require such functionality. "HP’s decision is the latest milestone in what has been a slow fade for the company’s public cloud ambitions. It has become increasingly clear that there are three, maybe four companies that can support (at scale) the massive shared computing, networking, and storage infrastructure necessary for a public cloud. ... HP will continue pushing its private and hybrid cloud." -
Disruptive Bloodwork Startup May Offer Mostly Vaporware
dmr001 writes: As seen previously, Palo Alto startup Theranos planned to put the power of affordable lab work directly in the hands of patients with tiny fingerprick samples taken at Walgreen's, with four hour turnaround. The company claimed their tests were "made possible by advances in the field of microfluidics." But they were cagey about methodology and didn't use FDA approved analyzers.
Now, the Wall Street Journal reports (paywalled) (among others) that all but one of Theranos' analyzers currently in use is off the shelf, and that their tiny samples may not always have been accurate. Typically cagey founder Elizabeth Holmes vigorously disputes the criticism of her $9 billion startup, but entrenched players like Quest Diagnostics and LabCorp (which do quite well charging orders of magnitude above Theranos' prices) are likely doing a happy dance.
Physicians worrying about patients bringing in their own carcinoembryonic antigen levels and Epstein Barr Virus panels to confirm their Internet diagnoses of cancer and chronic fatigue may also be breathing sighs of relief, albeit with bittersweet regret at the potential loss of the price advantage and milliliter samples. -
How Steve Jobs Outsmarted Carly Fiorina
HughPickens.com writes: Carly Fiorina likes to boast about her friendship with Apple founder Steve Jobs but Fortune Magazine reports that it turns out Carly may have outfoxed of by Apple's late leader. In January 2004, Steve Jobs and Carly Fiorina cut a deal where HP could slap its name on Apple's wildly successful iPod and sell it through HP retail channels but HP still managed to botch things up. The MP3 player worked just like a regular iPod, but it had HP's logo on the back and in return HP agreed to continue pre-loading iTunes onto its PCs. According to Steven Levy soon after the deal with HP was inked, Apple upgraded the iPod, making HP's version outdated and because of Fiorina's deal HP was banned from selling its own music player until August 2006. "This was a highly strategic move to block HP/Compaq from installing Windows Media Store on their PCs," says one Apple source. "We wanted iTunes Music store to be a definitive winner. Steve only did this deal because of that."
In short, Fiorina's "good friend" Steve Jobs blithely mugged her and HP's shareholders. By getting Fiorina to adopt the iPod as HP's music player, Jobs had effectively gotten his software installed on millions of computers for free, stifled his main competitor, and gotten a company that prided itself on invention to declare that Apple was a superior inventor. -
IT Departments Try To Avoid Getting "Ubered"
StewBeans writes: Fortune 500 companies and longstanding corporate giants are losing to startups that are born digital because they can't keep up or they refuse to acknowledge the ways that technology is changing both business and consumer preferences. Getting "Ubered" is now one of the biggest threats to traditional IT departments as the growing number of unicorns like Airbnb, Spotify, Square, and others take over the economy and win the hearts and minds of increasingly mobile, always-on consumers. In this article, nine tech leaders from large companies talk about how they have had to change their approach in order to keep pace and avoid getting disrupted by the next big thing around the corner. -
Girls-Only Computer Camps Formed At Behest of Top Google, Facebook Execs
theodp writes: Reporting on Google exec Susan Wojcicki's appearance at DreamForce, Inc.'s Tess Townsend writes: "The YouTube CEO said her daughter had stated point-blank that she did not like computers, so Wojcicki enrolled her in a computer camp. The camp made her daughter dislike tech even more. Wojcicki reported her daughter came back saying, 'Everyone in the class was a boy and nobody was like me and now I hate computers even more.' So, mom called the camp and spoke to the CEO, asking that the camp be made more welcoming to girls" (video). Fortune reported last July that it was the urging of Wojcicki and Facebook COO Sheryl Sandberg that prompted iD Tech Camps — which Wojcicki's and Sandberg's kids had attended — to spin off a girls-only chain of tech camps called Alexa Cafe, which was trialed in the Bay Area in 2014 and expanded to nine locations in 2015. Earlier this month, Fortune noted that Wojcicki's daughter attended the $949-a-week Alexa Cafe summer camp at Palo Alto High, which was coincidentally hosted in the multi-million dollar Media Center (video) that was built thanks to the efforts of Wojcicki's mother Esther (a long-time Paly journalism teacher) and partially furnished and equipped by sister Anne (23andMe CEO) and ex-brother-in-law Sergey Brin's charitable foundation. -
Girls-Only Computer Camps Formed At Behest of Top Google, Facebook Execs
theodp writes: Reporting on Google exec Susan Wojcicki's appearance at DreamForce, Inc.'s Tess Townsend writes: "The YouTube CEO said her daughter had stated point-blank that she did not like computers, so Wojcicki enrolled her in a computer camp. The camp made her daughter dislike tech even more. Wojcicki reported her daughter came back saying, 'Everyone in the class was a boy and nobody was like me and now I hate computers even more.' So, mom called the camp and spoke to the CEO, asking that the camp be made more welcoming to girls" (video). Fortune reported last July that it was the urging of Wojcicki and Facebook COO Sheryl Sandberg that prompted iD Tech Camps — which Wojcicki's and Sandberg's kids had attended — to spin off a girls-only chain of tech camps called Alexa Cafe, which was trialed in the Bay Area in 2014 and expanded to nine locations in 2015. Earlier this month, Fortune noted that Wojcicki's daughter attended the $949-a-week Alexa Cafe summer camp at Palo Alto High, which was coincidentally hosted in the multi-million dollar Media Center (video) that was built thanks to the efforts of Wojcicki's mother Esther (a long-time Paly journalism teacher) and partially furnished and equipped by sister Anne (23andMe CEO) and ex-brother-in-law Sergey Brin's charitable foundation. -
EU Court: Commuting to Customer Sites Counts as Work
Joe_Dragon writes with news that the European Court of Justice has issued a ruling (PDF) saying that workers who have to commute to see customers, but don't have a "fixed or habitual place of work," must have their transit time at the beginning and end of the day count as working time. In other words, driving to your normal office every day doesn't count toward your paycheck, but leaving home in the morning to go visit a client or customer at your employer's request does. This added commute time also counts toward weekly labor limits — EU regulations for working conditions prohibit employers from making their employees work more than 48 hours a week on average. The court said, Given that traveling is an integral part of being such a worker, the place of work of that worker cannot be reduced to the physical areas of his work on the premises of the employer’s customers. The fact that the workers begin and finish the journeys at their homes stems directly from the decision of their employer to abolish the regional offices and not from the desire of the workers themselves. -
Amazon Reportedly Aiming For the Low End With a Loss-Leader $50 Tablet
Amazon has been dogged with criticism for its high-end, somewhat oddball phone, but done rather better with its high-end Fire tablets, and has mostly defined the market for e-ink book-reading devices with its long-lived Kindle series. Now, according to a report in the WSJ echoed by Fortune (and by Ars Technica and many others), the company is said to be working on a tablet aimed at the low end of the market, with a 6-inch screen, a mono speaker, and a tiny pricetag -- which could be as low as $50. "At the bottom end of the range at least, the devices won’t be priced to make a profit," writes Fortune. "The dirt-cheap price tag is intended to maximise the reach of its e-book and Amazon Prime video streaming content." -
ThinkGeek Opens First Physical Store In Orlando
New submitter Enderxeno writes with news that on September 25th, geek merchandise retailer ThinkGeek will open its first brick-and-mortar store in Orlando, Florida. The store will open in a mall, and the company will be running it with the help of GameStop, who bought ThinkGeek back in June. The new store will have a 3,000 square foot space that used to be occupied by Radio Shack, and it will focus "entirely on collectibles." (Disclosure: Slashdot and ThinkGeek used to share a corporate overlord. We don't talk anymore, but we still like them. Even though they finally took away our employee discounts.) -
Tesla Partners With Airbnb, Subsidizes Chargers
Fortune reports that Tesla and Airbnb have teamed up; certain Airbnb properties will get Tesla chargers as a perk. There are 12 locations already equippped with chargers, but expect to see more soon, because Tesla is willing to pay for some of them, at least in California. To get on the list from which Tesla is drawing takes more than an air mattress in a spare room: An existing Airbnb host who lists an entire home, has had more than more than five bookings, and has an average overall star rating of 4+ is eligible to receive a free Tesla charger, which cost $750. The host must pay for the installation, which costs between $200 and $900 depending on the layout of the home. -
Microsoft Creates an AI That Can Spot a Joke In a New Yorker Cartoon
An anonymous reader writes: For over a decade Bob Mankoff, the cartoon editor at the New Yorker, and his assistants have gone through 5,000 cartoon entries for the magazine's caption contest each week. Needless to say, the burnout rate of his assistants is quite high, "The process of looking at 5,000 caption entries a week usually destroys their mind in about two years, and then I get a new one," Mankoff says. But now thanks to a collaboration with Microsoft, Bob may finally have found the perfect helper. Researchers have been working on an artificial intelligence project to teach a computer what's funny. Fortune reports: "Dafna Shahaf, a researcher at Microsoft, used the database of cartoons to train the program to understand commonalities and differences in the millions of cartoons, which lets the AI run through the entries the New Yorker receives each week for its back-of-magazine cartoon caption contest. About 55.8% of the time the humans agree with the captions the AI selects, which is a pretty good percentage." -
Google+ Photos To Shut Down August 1
An anonymous reader writes: Now that Google Photos exists separately from Google+, the company is shutting down the Google+ version of Photos starting on August 1. The Android version will be the first to go, followed shortly thereafter by the iOS and web versions. Fortune calls the old Photos app "a relic of the times when the search giant thought its social network Google Plus could become a huge hit." -
Netflix Hoping For Free Network Access From ISPs
sabri writes: Netflix soared on Wall Street today after their earnings announcement. They also stated that they hope to get more free network access arrangements (aka "free peering"). Fortune reports: "Netflix hopes the Charter peering pledge could serve not only its own interests, but establish an industry-wide practice for internet TV. Hastings said he hopes free peering will spare the emerging industry from the sort of battles that continue to plague the cable TV industry industry, in which stations go dark whenever distributor and content owner haggle over a 'retransmission' price." -
Bill Gates Investing $2 Billion In Renewables
An anonymous reader writes: Bill Gates has dumped a billion dollars into renewables, and now he's ready to double down. Gates announced he will increase his investment in renewable energy technologies to $2 billion in an attempt to "bend the curve" on limiting climate change. He is focusing on risky investments that favor "breakthrough" technologies because he thinks incremental improvements to existing tech won't be enough to meet energy needs while avoiding a climate catastrophe. He says, "There's no battery technology that's even close to allowing us to take all of our energy from renewables and be able to use battery storage in order to deal not only with the 24-hour cycle but also with long periods of time where it's cloudy and you don't have sun or you don't have wind. Power is about reliability. We need to get something that works reliably." At the same time, Gates rejected calls to divest himself and his charitable foundation of investments in fossil fuel companies. -
US Justice Department Urges Supreme Court Not To Take Up Google v. Oracle
New submitter Areyoukiddingme writes: The Solicitor General of the Justice Department has filed a response to the US Supreme Court's solicitation of advice regarding the Google vs. Oracle ruling and subsequent overturning by the Federal Circuit. The response recommends that the Federal Circuit ruling stand, allowing Oracle to retain copyright to the Java API. -
Google Developing 'Brillo' OS For Internet of Things
An anonymous reader writes: A new report from The Information (paywalled) says Google is working on an operating system called "Brillo" that would be a platform for Internet-of-things devices. It's supposedly a lightweight version of Android, capable of running on devices with extremely limited hardware — as little as 32 MB of RAM, for example. The company is expected to launch the code for Brillo at its I/O event next week. This is particularly relevant now that Google has acquired Nest, Dropcam, and Revolv — a trio of "smart home" companies whose devices could potentially by unified by Brillo. -
Recruiters Use 'Digital Native' As Code For 'No Old Folks'
bizwriter writes: Companies are trying to get around Equal Employment Opportunity Commission restrictions on age-discriminatory language (like "recent college graduate") by saying that they want "digital natives." So far, no one has complained to the EEOC, but that could change. "Since the 1990s dotcom boom, many employers have openly sought to hire young, tech savvy talent, believing that was necessary to succeed in the new digital economy. At the same time, age discrimination complaints have spiraled upward, according to the Equal Employment Opportunity Commission, with 15,785 claims filed in 1997 compared to 20,588 filed in 2014.
Out of the 121 charges filed last year by the EEOC for alleged discriminatory advertising, 111 of them claimed the job postings discriminated against older applicants. The EEOC has said that using phrases like 'college student,' 'recent college graduate,' or 'young blood' violate the Age Discrimination in Employment Act of 1966. That federal law protects individuals who are 40 years of age or older from employment discrimination based on age." -
Crowdfunded Android Console Ouya Reportedly Seeking Buyout
An anonymous reader writes: Ouya, the Android-based games console, enjoyed one of the most successful crowdfunding campaigns to date, raising $8.6 million after asking for only $960,000. But now that the console has been on the market for a while, the company is struggling. After borrowing roughly $25 million from investors to keep it going, they're now trying to restructure the debt, and reportedly seeking a buyout. "Interest in Ouya's microconsole has dropped considerably since its launch back in 2013, where it had to offer store credit to dissatisfied Kickstarter backers for failing to deliver devices on time. Following disappointing sales figures for early games, the company has tried several times to turn its fortunes around." -
Cheap Gas Fuels Switch From Electric Cars To SUVs
schwit1 points out news that's sure to clash with Earth Day narratives: drivers who bought hybrid and electric cars are switching back to SUVs at a higher rate than ever. Quoting: According to Edmunds.com, about 22 percent of people who have traded in their hybrids and EVs in 2015 bought a new SUV. The number represents a sharp increase from 18.8 percent last year, and it is nearly double the rate of 11.9 percent just three years ago. Overall, only 45 percent of this year's hybrid and EV trade-ins have gone toward the purchase of another alternative fuel vehicle, down from just over 60 percent in 2012. Never before have loyalty rates for alt-fuel vehicles fallen below 50 percent. ... Edmunds calculates that at the peak average national gas price of $4.67/gallon in October 2012, it would take five years to break even on the $3,770 price difference between a Toyota Camry LE Hybrid ($28,230) and a Toyota Camry LE ($24,460). At today's national average gas price of $2.27/gallon, it would take twice as much time (10.5 years) to close the same gap. -
Why America's Obsession With STEM Education Is Dangerous
HughPickens.com writes According to an op-ed by Fareed Zakaria in the Washington Post, if Americans are united in any conviction these days, it is that we urgently need to shift the country's education toward the teaching of specific, technical skills, expand STEM courses (science, technology, engineering and math) and deemphasize the humanities. "It is the only way, we are told, to ensure that Americans survive in an age defined by technology and shaped by global competition. The stakes could not be higher." But according to Zakaria the dismissal of broad-based learning, however, comes from a fundamental misreading of the facts — and puts America on a dangerously narrow path for the future.
As Steve Jobs once explained "it's in Apple's DNA that technology alone is not enough — that it's technology married with liberal arts, married with the humanities, that yields us the result that makes our hearts sing." Zakaria says that no matter how strong your math and science skills are, you still need to know how to learn, think and even write and cites Jeff Bezos' insistence that writing a memo that makes sense is an even more important skill to master. "Full sentences are harder to write," says Bezos. "They have verbs. The paragraphs have topic sentences. There is no way to write a six-page, narratively structured memo and not have clear thinking." "This doesn't in any way detract from the need for training in technology," concludes Zakaria, "but it does suggest that as we work with computers (which is really the future of all work), the most valuable skills will be the ones that are uniquely human, that computers cannot quite figure out — yet. And for those jobs, and that life, you could not do better than to follow your passion, engage with a breadth of material in both science and the humanities, and perhaps above all, study the human condition." -
Better Disaster Shelters than FEMA Trailers (Video)
An aerospace engineer and Mississippi native named Michael McDaniel "watched helplessly as Hurricane Katrina forced thousands of people out of their homes and into crowded, poorly equipped 'shelters.'" This scenario led to Michael founding Reaction Housing and the creation of its first product, the Exo (as in exoskeleton) shelter. This company isn't holding its hand out for crowdfunding. It got $1.5 million in seed capital in March, 2014, later got another $10 million, and is now going into mass production of its Exo housing units.
Reaction Housing is not the only attempt to make post-disaster housing better, or at least less expensive, than the infamous FEMA trailers. A charity called ShelterBox in Lakewood Ranch, FL, fills boxes with everything a family or group of up to 10 people needs, including a heavy-duty tent, bedding, and kitchen supplies, in order to survive after a natural disaster. (Here's an interview video I shot in 2010 about ShelterBox.) Exo, ShelterBox or any one of dozens of other emergency housing alternatives are good to have around, ready to go, for the next Katrina, Sandy or Tsunami. High tech? Not necessarily, but technology has obviously made emergency housing faster and easier to erect than the "earthquake shacks" that were built in San Francisco to house people made homeless by the 1906 earthquake. -
Google: Our New System For Recognizing Faces Is the Best
schwit1 writes Last week, a trio of Google researchers published a paper on a new artificial intelligence system dubbed FaceNet that it claims represents the most accurate approach yet to recognizing human faces. FaceNet achieved nearly 100-percent accuracy on a popular facial-recognition dataset called Labeled Faces in the Wild, which includes more than 13,000 pictures of faces from across the web. Trained on a massive 260-million-image dataset, FaceNet performed with better than 86 percent accuracy.
The approach Google's researchers took goes beyond simply verifying whether two faces are the same. Its system can also put a name to a face—classic facial recognition—and even present collections of faces that look the most similar or the most distinct. Every advance in facial recognition makes me think of Paul Theroux's dystopian Ozone. -
3D Printers Making Inroads In Kitchens
mpicpp sends an article from Fortune about the tiny industry springing up around food-related 3D printing. While such devices are still too expensive and too special-purpose for home kitchens, professionals in restaurants and large cafeterias are figuring out ways they can automate certain time-intensive tasks. For example, pasta: "If the user is making a recipe for ravioli, for instance, the [device] prints the bottom layer of dough, the filling and the top dough layer in subsequent steps. It reduces a lengthy recipe to two minutes construction time and ensures that no one has to clean a countertop caked with leftover dough and flour." The companies developing these 3D printers hope they'll be this generation's version of the microwave, gradually finding a use in almost every kitchen. -
5 White Collar Jobs Robots Already Have Taken
bizwriter writes University of Oxford researchers Carl Benedikt Frey and Michael Osborne estimated in 2013 that 47 percent of total U.S. jobs could be automated and taken over by computers by 2033. That now includes occupations once thought safe from automation, AI, and robotics. Such positions as journalists, lawyers, doctors, marketers, and financial analysts are already being invaded by our robot overlords. From the article: "Some experts say not to worry because technology has always created new jobs while eliminating old ones, displacing but not replacing workers. But lately, as technology has become more sophisticated, the drumbeat of worry has intensified. 'What's different now?' asked Leigh Watson Healy, chief analyst at market research firm Outsell. 'The pace of technology advancements plus the big data phenomenon lead to a whole new level of machines to perform higher level cognitive tasks.' Translated: the old formula of creating more demanding jobs that need advanced training may no longer hold true. The number of people needed to oversee the machines, and to create them, is limited. Where do the many whose occupations have become obsolete go?" -
FBI: North Korean Hackers "Got Sloppy", Leaked IP Addresses
An anonymous reader writes "The FBI launched a PR counterattack against skeptics of the assertion by the US government that North Korean hackers were responsible for anonymous threats received by Sony before its scheduled premiere of the film The Interview. Sony initially cancelled the Christmas day release, but later relented after receiving extensive criticism. In a speech at a New York City cybersecurity conference hosted by Fordham University, FBI Director James Comey said that while the attackers concealed their identify by using proxy servers, on occasion they "got sloppy" and made direct connections, exposing their true IP addresses; these indicated a North Korea origin. Comey also mentioned additional corroborative evidence, including patterns matching those seen in previous attacks known to have come from North Korea, but was guarded on details. Also at the Fordham conference, US Director of National Intelligence James Clapper mentioned recently meeting the Kim Yong Chol, the North Korean general in charge of cyberwarfare. Clapper emphasized Kim's belligerence and lack of a sense of humor, implying that an advance screening of "The Interview" would likely have enraged and provoked the North Korean brass." -
Staples: Breach May Have Affected 1.16 Million Customers' Cards
mpicpp writes with this excerpt from Fortune: Staples said Friday afternoon that nearly 1.16 million customer payment cards may have been affected in a data breach under investigation since October. The office-supply retailer said two months ago that it was working with law enforcement officials to look into a possible hacking of its customers' credit card data. Staples said in October that it had learned of a potential data theft at several of its U.S. stores after multiple banks noticed a pattern of payment card fraud suggesting the company computer systems had been breached. Now, Staples believes that point-of-sale systems at 115 Staples locations were infected with malware that thieves may have used to steal customers' names, payment card numbers, expiration dates and card verification codes, Staples said on Friday. At all but two of those stores, the malware would have had access to customer data for purchases made between August 10 and September 16 of this year. At the remaining two stores, the malware was active from July 20 through September 16, the company said. -
Apple 1 Sells At Auction For $905,000
Dave Knott writes One of the few remaining examples of Apple Inc's first pre-assembled computer, the Apple 1, sold for $905,000 at an auction in New York on Wednesday. The final price outstrips expectations, as auction house Bonhams had said it expected to sell the machine, which was working as of September, for between $300,000 and $500,000. The buyer was The Henry Ford organization, which plans to display the computer in its museum in Dearborn, Michigan. Only 63 surviving authentic Apple 1's were listed in an Apple 1 Registry as of January out of the 200 that were built. The auctioned computer is thought to be one of the first batch of 50 Apple-1 machines assembled by Apple co-founder Steve Wozniak in Steve Job's family garage in Los Altos, California in the summer of 1976. It is also believed to be one of only 15 that still have functioning motherboards. That's a bit more beastly than the original price. -
Fortune.com: Blame Tech Diversity On Culture, Not Pipeline
FrnkMit writes: Challenging a previous Code.org story on tech diversity, a Forbes.com writer interviewed 716 women who left the technology field. Her conclusion: corporate culture, and the larger social structure, is the primary cause for these women leaving the industry and never looking back. Specific issues include a lack of maternity policies in small companies, low pay which barely covers day care, "jokes" from male coworkers, and always feeling like the "odd duck." In reality, there are probably many intertwined causes: peer pressure at the high-school and college level, female-unfriendly geek culture, low pay, a lack of accommodations for pregnant/nursing mothers, the myth of "having it all," stereotype threat, and repeated assertions that women aren't biologically suited to writing software and therefore there's no problem at all.