Domain: recode.net
Stories and comments across the archive that link to recode.net.
Stories · 311
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Once Valued at $125B, Yahoo's Web Assets To Be Sold To Verizon For $4.83B, Companies Confirm
The reports were spot on. Verizon Communications on Monday announced that it plans to purchase Yahoo's Web assets for a sum of $4.83 billion in cash. The multi-billion dollars deal will get Verizon Yahoo's core internet business and some real estate. The announcement also marks a remarkable fall for the Silicon Valley web pioneer, which once had a market capitalization of more than $125 billion. For Verizon, the deal adds another piece to the mammoth digital media and advertising empire it owns. The deal is expected to close early 2017. CNBC reports: The transaction is seen boosting Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well as other assets such as search, mail, messenger and real estate. It also marks the end of Yahoo as an operating company, leaving it only as the owner of a 35.5 percent stake in Yahoo Japan, as well as its 15 percent interest in Chinese e-commerce company Alibaba. In December, Yahoo scrapped plans to spin off its Alibaba stake after investors worried about whether that transaction could have been carried out on a tax-free basis. It instead decided to explore a sale of its core assets, spurred on by activist hedge fund Starboard Value. Forbes has called it one of the "saddest $5B deals in tech history."Yahoo CEO Marissa Mayer, who was expected to leave -- or get fired -- said she intends to stay. "For me personally, I'm planning to stay," Mayer said in a note on Yahoo's Tumblr page. "I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter." -
Salesforce CEO Told LinkedIn He Would Have Paid Much More Than Microsoft (recode.net)
Ina Fried, reporting for Recode: It was already known that LinkedIn chose a potentially lower all-cash acquisition offer from Microsoft rather than take on the uncertainties of a stock-and-cash deal from Salesforce. But now it has been revealed that Salesforce might have been willing to go "much higher" than Microsoft's $26.2 billion, or change other terms of its bid, had it been given the chance. In a filing with regulators on Friday, LinkedIn said a board committee met on July 7 to discuss an email from Salesforce CEO Marc Benioff. "The email indicated that Party A would have bid much higher and made changes to the stock/cash components of its offers, but it was acting without communications from LinkedIn," LinkedIn said in the updated filing with the Securities and Exchange Commission. -
Salesforce CEO Told LinkedIn He Would Have Paid Much More Than Microsoft (recode.net)
Ina Fried, reporting for Recode: It was already known that LinkedIn chose a potentially lower all-cash acquisition offer from Microsoft rather than take on the uncertainties of a stock-and-cash deal from Salesforce. But now it has been revealed that Salesforce might have been willing to go "much higher" than Microsoft's $26.2 billion, or change other terms of its bid, had it been given the chance. In a filing with regulators on Friday, LinkedIn said a board committee met on July 7 to discuss an email from Salesforce CEO Marc Benioff. "The email indicated that Party A would have bid much higher and made changes to the stock/cash components of its offers, but it was acting without communications from LinkedIn," LinkedIn said in the updated filing with the Securities and Exchange Commission. -
Paypal Founder Peter Thiel To Speak At Trump's Republican Convention (nbcbayarea.com)
Slashdot reader speedplane writes: The New York Times is reporting that renowned Venture Capitalist, Paypal Founder, and Gawker Litigation Funder, Peter Thiel will be speaking at the Republican National Convention. The original story does not state what Thiel will discuss at the convention, only that he'll be speaking the last day, but there's plenty of speculation.
Facebook issued a statement that though Thiel is on their board of directors, his appearance was "personal," saying Thiel "is not attending on behalf of Facebook or to represent our views." NBC reports Thiel will be the first openly-gay man to speak at the convention in 16 years, "as party leaders refuse to soften the GOP's formal opposition to gay marriage," noting Thiel "has been a staunch supporter of Donald Trump's run for the oval office, previously supported Ron Paul for president and has identified himself as a conservative libertarian in the past... Other speakers will include four of Trump's children, Las Vegas casino owner Phil Ruffin, and actor and former underwear model Antonio Sabato Jr." -
Google Decided To Nix Its Oculus Rift Competitor (recode.net)
An anonymous reader writes from a report via Recode: Google recently nixed an internal project to create a high-end standalone virtual-reality headset that would compete directly against the Oculus Rift and HTC Vive, according to sources familiar with the plans. Google instead decided to shift more of its resources behind mobile VR and provide tools for other companies to build apps, games and services on Android-powered smartphones, rather than expensive hardware. In May, the company announced "Google Daydream," a platform that will help hardware and software developers create VR hardware, games, and experiences for its new Android Nougat operating system. Google did say they would be releasing their own VR headset, but it's mostly geared towards developers. A different VR project was started inside the Google X research lab, which is now a separate Alphabet company, with around 50 employees working on it, according to one source. That project was creating a separate operating system for the device, unique from Android. Now, it appears that the OS and project were scratched in favor of Android. The report suggests that Google is not as interested in competing directly with hardware from Facebook, Samsung, HTC and others. Apple has been recently granted another AR/VR patent, suggesting the company might be building a VR headset of its own. -
YouTube Says Content Owners Made $1B Last Year -- So Music Labels Should Stop Complaining (recode.net)
Peter Kafka, reporting for Recode: Here's the latest salvo in the back and forth between YouTube and the music industry: A report from Google that says its video site's copyright software has allowed content owners to generate $1 billion in the last year or so. Or, in other words: Hey, music guys! Stop moaning about money -- we're making plenty of it for you. Google's formal message comes via "How Google Fights Piracy," a 62-page mega-pamphlet it is releasing today. Google adds that its Content ID tool, which lets copyright owners "claim" their videos that users upload to YouTube so that ad money can be made off it, has garnered $2 billion since 2007. This is Google's response to a growing concern from the music industry that YouTube doesn't pay well, its Content ID isn't a solution, and that the video platform is built on stolen material. -
Hamilton Producer Jeffrey Seller: Live Theater Is the Antidote To Digital Overload (recode.net)
As more people come online and get hold of smartphones, we are witnessing a generation that is reliant on their phones to get news, entertainment, and educational resources among other things. They watch movies and TV shows on Netflix and other services, and they listen to music on Spotify, Apple Music and YouTube. Naturally, you would think that people in the Broadway theater business must be threatened that nobody will physically attend their show anymore, but that's not necessarily the case, at least not with everyone. Take Jeffrey Seller, for example, the producer of Broadway megahit Hamilton refuses to fold to the virtual reality laden world, and he has numbers on his side. From a Recode article (you can also found an hour-long podcast on this there): The success of "Hamilton," which is sold out in New York through May 2017 and will soon spread to Chicago, San Francisco and London, has convinced Seller that demand for a real, non-digital experience is stronger than ever. He said 13 million people went to see Broadway shows in the past season, and only 500,000 of those were "Hamilton" attendees. By contrast, when Seller first made a splash as the co-producer of "Rent" in 1996, he estimated total Broadway attendance was around eight million to nine million people. "Experiencing art live with friends, with family, with people we love, is so rewarding that people are searching it out amidst the digital age, in which our faces are in our phones seemingly every other hour of the day," he said.Explaining why he thinks that virtual reality cannot completely take over, in a rather crass example, Seller adds, "Do you want to have sex or do you want to have a virtual reality experience of sex?" -
Mozilla Could Walk Away and Still Get More Than $1 Billion If It Doesn't Like Yahoo's Buyer (recode.net)
Kara Swisher, reporting for Recode: Under terms of a contract that has been seen by Recode, whoever acquires Yahoo might have to pay Mozilla annual payments of $375 million through 2019 if it does not think the buyer is one it wants to work with and walks away. That's according to a clause in the Silicon Valley giant's official agreement with the browser maker that CEO Marissa Mayer struck in late 2014 to become the default search engine on the well-known Firefox browser in the U.S. Mozilla switched to Yahoo from Google after Mayer offered a much more lucrative deal that included what potential buyers of Yahoo say is an unprecedented term to protect Mozilla in a change-of-control scenario. It was a scenario that Mayer never thought would happen, which is why she apparently pushed through the possibly problematic deal point. According to the change-of-control term, 9.1 in the agreement, Mozilla has the right to leave the partnership if -- under its sole discretion and in a certain time period -- it did not deem the new partner acceptable. And if it did that, even if it struck another search deal, Yahoo is still obligated to pay out annual revenue guarantees of $375 million. -
Comcast Will Let Netflix Onto Its X1 Platform
Kara Swisher, reporting for Recode:Cable giant Comcast will allow popular web video streaming service Netflix onto its X1 platform. (Editor's note: both the companies confirmed the move to the publication.) Sources said the deal to be on the cable giant's set-top box would be akin to the arrangement that Netflix has cut with smaller cable operators in the United States and bigger ones across the globe. Netflix also has deals with Apple, Roku and Google's Chromecast; its app is offered on these Internet TV services. It also is embedded in smart televisions.It's an enormous step, given the long and sometimes contentious history between the two companies against a backdrop of increased consumer usage of internet-delivered video. From the report:Back in 2012, for example, Peter Kafka reported that Netflix CEO Reed Hastings was "once again accusing Comcast of violating 'net neutrality' principles by favoring its own web video service over those from Netflix, HBO and Hulu, when it comes to data usage." -
Elizabeth Warren Says Apple, Amazon and Google Are Trying To 'Lock Out' Competition (recode.net)
Elizabeth Warren, an American academic and member of the Democratic Party, believes that Google, Apple, and Amazon are trying to use their size to "snuff out competition." In a speech about the perils of "consolidation and concentration" throughout the economy, the Massachusetts senator singled out the three of tech's biggest players. From a report:Warren had different beefs with Google, Apple and Amazon, but the common thread was that she accused each one of using its powerful platform to "lock out smaller guys and newer guys," including some that compete with Google, Apple and Amazon. Google, she said, uses "its dominant search engine to harm rivals of its Google Plus user review feature;" Apple "has placed conditions on its rivals that make it difficult for them to offer competitive streaming services" that compete with Apple Music; and Amazon "uses its position as the dominant bookseller to steer consumers to books published by Amazon to the detriment of other publishers.""Google, Apple and Amazon have created disruptive technologies that changed the world, and ... they deserve to be highly profitable and successful," Warren said. "But the opportunity to compete must remain open for new entrants and smaller competitors that want their chance to change the world again." -
Spotify Says Apple Won't Approve New Version Of Its App Because It Doesn't Want Competition For Apple Music (recode.net)
According to a report on Recode, Apple has rejected an update to Spotify's iOS app, and that this has caused a "grave harm to Spotify and its customers." The Swedish-based music company competes with Apple's Music streaming app and service. In a letter to Apple's top lawyer, Spotify says that Apple turned down a version of the app citing "business model rules" and demanded that Spotify uses Apple's billing system if it wants to acquire new customers and sell subscriptions. From the report:The letter, sent by Spotify general counsel Horacio Gutierrez to Apple general counsel Bruce Sewell on May 26, suggests that Spotify intends to use the standoff as ammunition in its fight over Apple's rules governing subscription services that use its App store. "This latest episode raises serious concerns under both U.S. and EU competition law," Gutierrez wrote. "It continues a troubling pattern of behavior by Apple to exclude and diminish the competitiveness of Spotify on iOS and as a rival to Apple Music, particularly when seen against the backdrop of Apple's previous anticompetitive conduct aimed at Spotify ... we cannot stand by as Apple uses the App Store approval process as a weapon to harm competitors." -
Amazon Prime Will Knock $50 Off an Android Phone If You Watch Amazon's Lock-Screen Ads (recode.net)
It's no secret that Amazon's Fire Phone tanked on the market. But while the e-commerce giant is keeping a distance from smartphone manufacturing business for some time, it is not ignoring the platform. The company is now willing to offer its Prime members a $50 discount on two unlocked phone models should they agree to see ads on the lock-screen of their smartphone. Recode reports:Unlike the Fire Phone, which used Amazon services in place of Google, these two phones (the fourth-generation Moto G and Blu R1 HD) will include all the standard Google apps (Play Store, YouTube, Gmail, Chrome, etc.) along with Amazon apps for shopping, watching video and playing music. With the discount, the Blu phone will sell for just $49, while the price of the Moto G drops to $149. The move is clearly a modest one but could at some point become more significant, particularly if Amazon is willing to strike deals with other hardware makers to include its apps and services.The bigger news is Amazon finding its way into Google Mobile Services-powered Android smartphones. Most of the Amazon-branded devices don't have Google Mobile Services (Google Play, Google Play Services, Gmail etc). -
You Are Still Watching a Staggering Amount Of TV Every Day (recode.net)
Peter Kafka, reporting for Recode:TV! It's cooked! Toast! Doneso. Ready for the fork. Except not yet, because Americans are still watching a ton of TV, every day. For some of them, it's the equivalent of a full-time job. The average American watches an astonishing 4.5 hours of TV a day, according to a new report from Nielsen. Add in DVR time, and that number gets up to 5 hours a day. That usage is shrinking over time -- a couple of years ago, Americans were averaging five hours and twenty-three minutes a day.Nielsen's data also shows that people are now consuming more content on their smartphone devices than ever. Compared to just 47 minutes usage in 2014, it is now up to one hour and 39 minutes. -
Google To Step Up Smartphone Wars With Release Of Own Handset (telegraph.co.uk)
According to a report by The Telegraph, Google is working on its first Google-branded smartphone, and plans to release it by the end of 2016. Unlike the Nexus program, in which Google mandates the design and specifications of the phone, but leaves the manufacturing aspect to its handpicked OEM, the new supposed phone will be built from the scratch by Google. From the report:The technology giant is in discussions with mobile operators about releasing a Google-branded phone that will extend the company's move into hardware, sources familiar with the discussions told The Telegraph. [...] The new device, which will be released by the end of the year according to a senior source, will see Google take more control over design, manufacturing and software.NYMag questions company's reported move:It's an unsurprising rumor to hear: Google CEO Sundar Pichai has publicly commented on the company's emphasis on phones, and Motorola's Rick Osterloh was hired earlier this year to head up a new hardware division. And there's also the much discussed Google Ara, a modular phone which lets you swap out pieces like a camera or speakers and is slated for release in 2017. But Google is already working with hardware companies like LG and Huawei on the Nexus line of phones, which are made to the company's exact design specifications but are manufactured by third parties. It's hard to see how Google could take more control over design or software than it already does with Nexus, and while the company is likely eager to move into the manufacturing space, the timeline for Ara hasn't changed, and it seems unlikely that this new mystery Google phone is going to jump in front and actually become available to the public by year's end. -
Apple Won't Collect Your Data For Its AI Services Unless You Let It (recode.net)
Apple doesn't like collecting your data. This is one of iPhone maker's biggest selling points. But this approach has arguably acted as a major roadblock for Apple in its AI and bots efforts. With iOS 10, the latest version of company's mobile operating system, Apple announced that it will begin collecting a range of new information as it seeks to make Siri and iPhone as well as other apps and services better at predicting the information its owner might want at a given time. Apple announced that it will be collecting data employing something called differential privacy. The company wasn't very clear at the event, which caused confusion among many as to what data Apple is exactly collecting. But now it is offering more explanation. Recode reports:As for what data is being collected, Apple says that differential privacy will initially be limited to four specific use cases: New words that users add to their local dictionaries, emojis typed by the user (so that Apple can suggest emoji replacements), deep links used inside apps (provided they are marked for public indexing) and lookup hints within notes. Apple will also continue to do a lot of its predictive work on the device, something it started with the proactive features in iOS 9. This work doesn't tap the cloud for analysis, nor is the data shared using differential privacy.Additionally, Recode adds that Apple hasn't yet begun collecting data, and it will ask for a user's consent before doing so. The company adds that it is not using a users' cloud-stored photos to power its image recognition feature. -
Apple Won't Collect Your Data For Its AI Services Unless You Let It (recode.net)
Apple doesn't like collecting your data. This is one of iPhone maker's biggest selling points. But this approach has arguably acted as a major roadblock for Apple in its AI and bots efforts. With iOS 10, the latest version of company's mobile operating system, Apple announced that it will begin collecting a range of new information as it seeks to make Siri and iPhone as well as other apps and services better at predicting the information its owner might want at a given time. Apple announced that it will be collecting data employing something called differential privacy. The company wasn't very clear at the event, which caused confusion among many as to what data Apple is exactly collecting. But now it is offering more explanation. Recode reports:As for what data is being collected, Apple says that differential privacy will initially be limited to four specific use cases: New words that users add to their local dictionaries, emojis typed by the user (so that Apple can suggest emoji replacements), deep links used inside apps (provided they are marked for public indexing) and lookup hints within notes. Apple will also continue to do a lot of its predictive work on the device, something it started with the proactive features in iOS 9. This work doesn't tap the cloud for analysis, nor is the data shared using differential privacy.Additionally, Recode adds that Apple hasn't yet begun collecting data, and it will ask for a user's consent before doing so. The company adds that it is not using a users' cloud-stored photos to power its image recognition feature. -
Twitter Invests $70 Million In Music Streaming Service SoundCloud (recode.net)
An anonymous reader writes: Recode reports that Twitter has decided to purchase a piece of the music streaming service SoundCloud. Roughly two years ago, Twitter thought about buying SoundCloud, but ultimately ended up walking away from the music service. Now, Twitter has invested around $70 million "as part of a round that should end up in the $100 million-range." Recode reports: "The round is expected to value SoundCloud at about $700 million -- the same value that investors placed on the company in 2014, when it raised $60 million; since then it has also raised a debt round." Twitter CEO Jack Dorsey wouldn't comment on the specifics, but did confirm Twitter's stake in the company. "Earlier this year we made an investment in SoundCloud through Twitter Ventures to help support some of our efforts with creators," said Twitter CEO Jack Dorsey. "They've been great partners of ours over the years and their community-supported approach mirrors ours in many ways." Twitter may try and integrate SoundCloud into its service to increase growth and engagement, while SoundCloud may try and use Twitter to promote its newly launched subscription service. -
Google Announces Support of the Controversial TPP (recode.net)
An anonymous reader writes: Google has announced in a blog post Friday their support for the controversial Trans-Pacific Trade Partnership (TPP). Recode reports: "The trade agreement includes key provisions about the global passage of digital data, intellectual property and copyright -- measures that have drawn criticism from both the political right and left, including several outspoken tech groups. Google's endorsement isn't exactly full-throated, but its stake clearly demonstrates another key area of support with the Obama administration, to which Google is close." Google's SVP and general counsel Kent Walker wrote: "The TPP is not perfect, and the trade negotiation process would certainly benefit from greater transparency. We will continue to advocate for process reforms, including the opportunity for all stakeholders to have a meaningful opportunity for input into trade negotiations." The company has already shown support of the TPP behind the Internet Association, which endorsed the trade agreement in March. Google joins a list of other tech titans, like Apple and Microsoft, who have shown their support as well. The Electronic Frontier Foundation calls the TPP a "secretive, multinational trade agreement" that will restrict IP laws and enforce digital policies that "benefit big corporations at the expense of the public." The TPP is still awaiting congressional approval after being signed in February. -
Google Announces Support of the Controversial TPP (recode.net)
An anonymous reader writes: Google has announced in a blog post Friday their support for the controversial Trans-Pacific Trade Partnership (TPP). Recode reports: "The trade agreement includes key provisions about the global passage of digital data, intellectual property and copyright -- measures that have drawn criticism from both the political right and left, including several outspoken tech groups. Google's endorsement isn't exactly full-throated, but its stake clearly demonstrates another key area of support with the Obama administration, to which Google is close." Google's SVP and general counsel Kent Walker wrote: "The TPP is not perfect, and the trade negotiation process would certainly benefit from greater transparency. We will continue to advocate for process reforms, including the opportunity for all stakeholders to have a meaningful opportunity for input into trade negotiations." The company has already shown support of the TPP behind the Internet Association, which endorsed the trade agreement in March. Google joins a list of other tech titans, like Apple and Microsoft, who have shown their support as well. The Electronic Frontier Foundation calls the TPP a "secretive, multinational trade agreement" that will restrict IP laws and enforce digital policies that "benefit big corporations at the expense of the public." The TPP is still awaiting congressional approval after being signed in February. -
Yahoo Bidders Can't Even Agree On What They're Buying (recode.net)
It's been a while since Yahoo has been up for sale, but the interested companies are still struggling to figure out what parts of Yahoo are worth purchasing. "Being for sale is what Yahoo does for a living now," Kara Swisher reports. "This is a pretty basic deal with everyone trying to figure out the risk and reward here of taking over a clearly failing business," said one bidder quoted in the report. "Everyone has different criteria for what matters." Yahoo essentially has three things to offer, which come with their own set of problems. From the report: (1) Its core business that includes search, advertising and media assets, all of which are in decline and getting worse.
(2) Its patent portfolio that the company thinks is worth as much as $3 billion, but others peg at $1 billion.
(3) Its real estate, which the company is pegging at about $1 billion, while others put it at a much lower value.It's also being reported that Yahoo CEO Marissa Mayer will have to leave the company, regardless of whether it gets acquired or not. Some of the potential buyers include Verizon, which according to the report, isn't interested in getting Yahoo's patents. It is offering $3B to $3.5B all-cash. Several private equity firms, who are interested in getting hold of Yahoo-owned patents and real estate, are offering Yahoo a sum of $5 billion or more. "This deal is not one in which everyone's really enthusiastic, since there is a giant question of how quickly the business is deteriorating," said another bidder. "If you win, you might lose and vice versa." -
Gawker Files For Bankruptcy After Hulk Hogan Lawsuit (usatoday.com)
Gawker has filed for Chapter 11 bankruptcy. The move comes after the media house was ordered to pay up $140M to Hulk Hogan for publishing his sex tape. Gawker, which is known for its irreverent voice, is currently facing multiple lawsuits, backed by billionaire Peter Thiel, one of the people that Gawker has extensively reported on. USA Today reports: In its filing with the U.S. Bankruptcy Court for the Southern District of New York, Gawker is seeking to reorganize under the bankruptcy protection and there's no indication, as of yet, that it will cease publication. Gawker listed estimated assets of $50 million to $100 million and liabilities of $100 million to $500 million. [...] Thiel's funding triggered concerns about the possibility of First Amendment rights being quashed by wealthy individuals' funding of third-party legal claims against media organizations.According to a separate report, Ziff Davis is interested in purchasing Gawker and various properties that it owns. Gawker media also runs Gizmodo, LifeHacker, and Deadspin among other popular publications. -
Google Matches Apple's Plan To Give Developers A Bigger Cut of The Revenue (recode.net)
An anonymous reader writes from a report via Recode: Apple announced a new revenue sharing model on Wednesday that would give developers more money when users subscribe to a service via their apps. Instead of keeping 70 percent of all revenue generated from subscriptions, publishers will be able to keep 85 percent of revenue, once a subscriber has been paying for a year. Google has decided to match Apple's latest offering. It too will move from a 70/30 split to a 85/15 split for subscriptions. However, instead of requiring developers to hook a subscriber for 12 months before offering the better split, it will make it available right away. Sources have said Google has been testing the new model over a year ago with video services in a way to get Play subscriptions to work with its TV streaming offerings like the Chromecast. Google has yet to announce when their new pricing plan will roll out. In other Google and Apple related news, Google's AI 'TensorFlow' software is coming to iOS to allow the iPhone to be able to run more sophisticated apps. -
Slashdot Asks: Is the App Boom Over?
Quartz did a story in 2014 in which, citing comScore's data, it noted that most smartphones users download zero apps per month. Two years later, the data from Nomura reveals that the top 15 app publishers saw downloads drop an average of 20% in the United States. While there are exceptions -- Uber and Snapchat continue to attract new users worldwide -- it appears that developers are finding it increasingly difficult to get new people to download and try their apps. Recode reports: But now even the very biggest app publishers are seeing their growth slow down or stop altogether. Most people have all the apps they want and/or need. They're not looking for new ones.What's your take on this? -
Elon Musk: 'One In Billions' Chance We're Not Living In A Computer Simulation (vox.com)
An anonymous reader writes: At Recode's annual Code Conference, Elon Musk explained how we are almost certainly living in a more advanced civilization's video game. He said: "The strongest argument for us being in a simulation probably is the following. Forty years ago we had pong. Like, two rectangles and a dot. That was what games were. Now, 40 years later, we have photorealistic, 3D simulations with millions of people playing simultaneously, and it's getting better every year. Soon we'll have virtual reality, augmented reality. If you assume any rate of improvement at all, then the games will become indistinguishable from reality, even if that rate of advancement drops by a thousand from what it is now. Then you just say, okay, let's imagine it's 10,000 years in the future, which is nothing on the evolutionary scale. So given that we're clearly on a trajectory to have games that are indistinguishable from reality, and those games could be played on any set-top box or on a PC or whatever, and there would probably be billions of such computers or set-top boxes, it would seem to follow that the odds that we're in base reality is one in billions. Tell me what's wrong with that argument. Is there a flaw in that argument?" You can watch Elon Musk's full interview on YouTube. -
Bill Gates: AI Is The 'Holy Grail' (mashable.com)
An anonymous reader writes: At the Code Conference on Wednesday, Bill Gates balanced his fears of artificial intelligence with praise. He talked about two of the challenges AI will pose: a loss of existing jobs, and making sure humans remain in control of super-intelligent machines. Gates, as well as many other experts in the field, predict there will be an excess of labor resources as robots and AI systems take over. He plans to talk with others about ideas to combat the threat of AI controlling humans, specifically noting work being done at Stanford. Even with such threats, Gates called AI the "holy grail" as he envisions a future "with machines that are capable and more capable than human intelligence." Gates said, "We've made more progress in the last five years than at any time in history. [...] The dream is finally arriving. This is what it was all leading up to." -
Mary Meeker's 2016 Internet Trends Report: Messaging Apps Could Rival Home Screen (techcrunch.com)
Mary Meeker, a former Morgan Stanley internet analyst and now partner at venture-capital fund Kleiner Perkins Caufield Byers, has delivered her annual report that offers critical stats and trends about how technology is evolving. TechCrunch has highlighted the takeaways from the report: 1) The global internet adoption rate was flat year-over-year at 9%, reaching 3 billion users or 42% of the world's population.
2) Smartphone adoption's growth is slowing, while Android increases marketshare despite a shrinking average selling price.
3) Video viewership is exploding, with Snapchat and Facebook Live showing the way, though video ads aren't always effective.
4) Messaging is dominated by Facebook and WeChat, it's growing rapidly, and evolving from simple text communication to become our new home screen with options for vivid self-expression and commerce.
5) US advertising is growing, with Google and Facebook controlling 76% of the market and rising, but advertisers still spend too much on legacy media rather than new media where the audience has shifted.
6) Meeker predicts the rise of voice interfaces because they're fast, easy, personalized, hands-free, and cheap, with Google on Android now seeing 20% of searches from voice, and Amazon Echo sales growing as iPhone sales slow. -
A Third Of New Cellular Customers Last Quarter Were Cars (recode.net)
Ina Fried, reporting for Recode: With the U.S. smartphone market saturated, most of the growth in the cellular industry is actually coming from other kinds of devices including tablets, machine-to-machine connections and lots and lots of cars. In the first quarter, for example, the major carriers actually added more connected cars (Editor's note: amounting to a 32 percent capture) as new accounts than they did phones. -
Facebook Is Tweaking Trending Topics To Counter Charges of Bias (recode.net)
An anonymous reader writes: Facebook has said once again in an open letter to Sen. John Thune, chairman of the Senate Commerce Committee, that its Trending Topics section is free of any political bias or manipulation. But in response to Gizmodo's report that Facebook employees were suppressing conservative news stories, Facebook is revamping how editors find trending stories. "We could not fully exclude the possibility of isolated improper actions or unintentional bias in the implementation of our guidelines or policies," Facebook general Counsel Colin Stretch wrote. Of course, Facebook is going to train the human editors who work on their trending section; they're also going to abandon several automated tools it used to find and categorize trending news in the past. Recode provides some examples, writing, "[Facebook] will no longer use its "1K list," a group of 1,000 websites it used to help verify headlines." Facebook will also get rid of several top publications, including the New York Times and CNN. -
Amazon Stops Giving Refunds When an Item's Price Drops After You Purchase It (recode.net)
Amazon has for years issued refunds to users when the price of an item drops after they've purchased it. But lately the e-commerce giant hasn't been doing that on a number of products, except for televisions, according to price-tracking companies. Recode reports: The move may have something to do with the rise of startups that track prices for Amazon customers and automatically request refunds when appropriate. One of them, a Santa Monica-based startup called Earny that is backed by the startup incubator Science, first pointed out the change. Earny scours a customer's email inbox for digital receipts, and then continuously checks the price on a retailer's website to see if it drops. -
Project Ara Lives: Google's Modular Smartphones Coming To Developers This Fall (recode.net)
Finally, there's some update on Project Ara, an open hardware platform for creating highly modular smartphones. Google announced on Friday that a test version of the modular smartphone will be released to developers in the fourth quarter. Google, which owns Project Ara, added that a thinner version of the phone will be made available to consumers next year. Recode, reports: The revamped Project Ara design puts the core phone technology together in the phone's frame, with room for six interchangeable module slots. Modules can also be inserted and ejected while the phone is running, Google said. Onstage Friday at its I/O developer conference, Google demonstrated a camera module, taking a picture of the session discussing Ara. It also talked about other modules, including one to allow diabetics to monitor their blood glucose. Google said it made enough progress with Ara that it is spinning it out of its advanced projects team and into its own business unit. -
Twitter To Stop Counting Photos And Links In 140-Character Limit (bloomberg.com)
An anonymous reader writes: Twitter will stop counting photos and links as part of its 140-character limit for tweets in as soon as two weeks, according to a source familiar with the matter. Right now, links take up 23 characters, even after Twitter automatically shortens them. In January, the Chief Executive Officer Jack Dorsey said the company was looking for new ways to display text on Twitter, and would experiment based on how people use the service. The company considered raising the limit of characters to as many as 10,000. The reason it abides by a 140-character limit is because it allows for tweets to be sent within a mobile text message, which was a common form of sending tweets back in 2006 when the site debuted. Earlier this month, it was reported Twitter blocked U.S. intelligence agencies from having access to a widely used data mining service it partly owns. -
Apple Is Outdated, Says Chinese Conglomerate LeEco CEO (cnbc.com)
An anonymous reader shares an article on CNBC: Apple is "outdated" and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview. "Apple only has individual apps. This was the right choice during the first generation of mobile net, when CPUs [central processing units] and the mobile network speeds were not fast enough," Jia said. "However now we're moving into the next era of mobile internet, these problems no longer exist. Moreover, having separate apps just means great obstacles in the user experience. We hope to break down these obstacles. One of the most important reasons [for slowing sales] is that Apple's innovation has become extremely slow," he said. "For example, a month ago Apple launched the iPhone SE. From an industry insider's perspective, this is a product with a very low level of technology... We think this is something they just shouldn't have done. [...] The Watch hasn't cut it. And they're looking at content on the services side, on the iTunes side. We'll see how that works out. But definitely they need something to drive the next leg of growth." In some other Apple news, the company is expected to announce its first quarterly year-over-year revenue decline since 2003 later today. -
The Android Administration: Google's Relationship With the Obama White House (theintercept.com)
theodp writes: The Intercept takes a look at Google's remarkably close relationship with the Obama White House, driving home its point with charts of When Google Visited the White House and how individuals have moved Back and Forth Between Google and Government. "Much of this collaboration could be considered public-minded," writes David Dayen. "It's hard to argue with the idea that the government should seek outside technical help when it requires it. And there's no evidence of a quid pro quo. But this arrangement doesn't have to result in outright corruption to be troubling. The obvious question that arises is: Can government do its job with respect to regulating Google in the public interest if it owes the company such a debt of gratitude?"
One interesting meeting The Intercept missed was a 2014 sit-down of Google and Microsoft execs with the head of the National Science Foundation and educators following a White House Hour of Code event, at which President Obama was 'taught to code' by Google-backed Code.org with Google-exec-turned-US-CTO Megan Smith looking on. Asked about the event in an interview, the President suggested the school system was to blame for his daughters not taking to coding the way he'd like. "I think they got started a little bit late," the President explained. "Part of what you want to do is introduce this with the ABCs and the colors." Less than a year later, the President sought to redress things with his Computer Science for All K-12 Initiative, citing Google-provided factoids ("Nine out of ten parents want it taught at their children's schools") to explain the need for the $4B budget request for the program. -
Microsoft, Google Agree To Stop Complaining To Regulators About Each Other (recode.net)
An anonymous reader shares an article on Recode: Microsoft and Google say they have recently reached an agreement under which they will drop pending regulatory complaints against one another across the globe. The two have also agreed that they will try to work among themselves to settle any future issues before running to regulators. "Microsoft has agreed to withdraw its regulatory complaints against Google, reflecting our changing legal priorities," a Microsoft representative said in a statement to Re/code. âoeWe will continue to focus on competing vigorously for business and for customers." Google, meanwhile, offered up a similar statement, affirming that it too will withdraw any regulatory complaints it has made. âoeOur companies compete vigorously, but we want to do so on the merits of our products, not in legal proceedings."Also from the report, "The timing is interesting, coming just as European regulators charge that Google is abusing its position in the Android market. However, both sides say the deal was in the works for some time." -
Europe Is Going After Google For Anti-Competitive Behavior With Android
Google now faces more competition charges in the European Union. The EU has accused Google of skewing the market against competitors with its Android mobile operating system. The 28-member state bloc's antitrust commissioner concluded in a preliminary decision that the search giant has abused its dominant position in the market by imposing restrictions on Android device makers. "What we found is that Google pursues an overall strategy on mobile devices to protect and expand its dominant position in internet search," said Margrethe Vestager, the EU competition chief. "The commission is concerned that Google's behaviour has harmed consumers by restricting competition and innovation," she added. "Rival search engines and mobile operating systems have not been able to compete on their merits. This is not good." Google has three months to respond to the aforementioned charges. The New York Times reports: Europe's antitrust charges might not necessarily lead to financial or other penalties against Google. If it is found to have broken the region's rules, though, the company may face fines of up to 10 percent of its global revenue, or roughly $7 billion, the maximum allowable amount. Google denies that it has broken European competition rules, saying that its dealings with cellphone manufacturers like Samsung and HTC, among others, are voluntary, and that rival mobile services are readily available on its Android software.According to EU, Google has breached antitrust rules by:1. requiring manufacturers to pre-install Google Search and Google's Chrome browser and requiring them to set Google Search as default search service on their devices, as a condition to license certain Google proprietary apps; 2. preventing manufacturers from selling smart mobile devices running on competing operating systems based on the Android open source code; 3. giving financial incentives to manufacturers and mobile network operators on condition that they exclusively pre-install Google Search on their devices."The joke in Google's cafeteria today will be "let them use bing," said Andrew Parker, VC. "So disappointing that browser dominance on Android is the only thing that the EU can get worked up about," Blaine Cook, co-founder of Poetica noted. "The European Commission's statement of objections against Android lends further credibility to Oracle's $9B copyright claim," Florian Mueller, the founder of FOSS Patents blog wrote. -
Silicon Valley's Legendary 'Coach' Bill Campbell Has Died (recode.net)
Kara Swisher, reporting for Recode: Bill Campbell, who garnered the name "The Coach" for the sage advice and counsel he gave numerous tech leaders from Apple's Steve Jobs to Google's Larry Page to Amazon's Jeff Bezos, has died. He was battling with cancer. News of his passing popped up on Facebook early this morning and many prominent tech players also confirmed the death to me, which came after a long battle with cancer. It is a big loss for Silicon Valley, given the impact a man who said he did not even know how to do HTML had by virtue of wisdom alone. But he was not without tech chops. Campbell ran companies like Intuit and worked in key jobs at Apple, Claris and Go, and also served on a plethora of boards, including Columbia University, Intuit and Apple. He has been a longtime adviser to Google execs including Page and Eric Schmidt -- and really just about every major tech executive you could think of at some point.VentureBeat interviewed Campbell in 2011, in which he shared coaching tips. -
Google Fiber Wants To Beam Wireless Internet To Your Home (yahoo.com)
An anonymous reader writes: When Google Fiber first launched in Kansas, its main goal was to provide high-speed internet and cable services for reasonable prices. Now, Google wants to beam wireless broadband directly into homes all across America. They haven't figured out all of the logistics, but the technology would solve the "last mile problem," which is typically addressed by the slow, pricey process of connecting a series of cables into homes. Google Fiber is currently working on connecting wireless towers to existing fiber lines by experimenting with different wireless technologies. Alphabet, Google's parent company, will be able to build a nationwide network able to compete with ATT, Verizon and Comcast -- if it develops such a solution. Google Access CEO, who oversees Fiber, said the plan is to develop "abundant and ubiquitous networks" that will provide "some real benefit to the internet as a whole." -
Google Fiber Drops Free Basic Service In Its Original City (engadget.com)
An anonymous reader writes: When Google Fiber first rolled out in Kansas City, it offered a free 5Mbps service if you were willing to pay a construction fee. As of recent, Google has quietly dropped that free tier in its first Fiber area, and has replaced it with a 100Mbps option that costs $50 per month. Anyone using the free tier has until May 19th to say they want to keep it. Note: Google will still offer the free service in low-income areas. Google Fiber customers in Austin and Provo still have the choice of the free internet option; Atlanta never had it to start with. Recode suggests this may reflect a broader change in strategy: Google has fiercer competition from incumbent carriers, so it may have to offer a fast-but-affordable selection to get those customers for whom the gigabit option is either too costly or sheer overkill. -
FBI Unlocks iPhone Without Apple's Help In San Bernadino Case (recode.net)
New submitter A_Mang writes: After asking for a delay last week, today the FBI revealed that a third party has succeeded in unlocking the iPhone used by a shooter in the San Bernadino attack. They've asked the court to vacate their request for an injunction forcing Apple to provide tools for unlocking the phone. "The government has now successfully accessed the data stored on Farook's iPhone and therefore no longer requires the assistance from Apple Inc. mandated by Court's Order," the filing reads. The report doesn't elaborate on how they've gained access, nor does it reveal any of the information stored on the phone. What we do know is that last week the FBI contracted Israeli software provider, Cellebrite, to help break into the phone. -
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. -
Apple Might Be Forced to Hand Over iOS Source Code to the FBI (theguardian.com)
Bruce66423 writes: In its latest filing, the FBI implies that, if the burden on Apple programmers of their alternative approach is too great, then Apple should release the whole source code to the FBI to allow them to do the work, quoting the precedent of the Lavabit confrontation. Clearly it is time for Apple to move offshore!? To recall, Lavabit abruptly shut down in 2013 when the FBI attempted to get the company to hand over the encryption keys for its secure email service. While the current situation seems to put Apple in the same ballpark as Lavabit, what gives the Cupertino-giant company an advantage is the immense support it is receiving from other Silicon Valley companies and personnel. Many believe that the FBI doesn't really need Apple's help in unlocking the iPhone. Reports claim that the iPhone in question already has a "backdoor" which could allow the government-backed institution to access the data on the smartphone. Other widely reported theories include cracking the iPhone and manipulating the innards to trick the system into spilling out all the information. One proposed method, which requires the phone's NAND flash chip to be taken out, may not work, though. Daniel Kahn Gillmor, a technology fellow with the ACLU's Speech, Privacy and Technology Project, pointed out the risks in playing with flash memory. He said that an error in removing the memory could make the data unreadable forever. -
$500K NSF Grant Boosted Girls' CS Participation At Obama Daughters' $37K/Yr HS
theodp writes: On Friday, a paper entitled Creative Computation in High School will be presented at SIGCSE '16. "In this paper," explain the paper's authors, "we describe the success of bringing Creative Computation via Processing into two very different high schools...providing a catalyst for significant increases in total enrollment as well as female participation in high school computer science." One of the two schools that participated in the National Science Foundation-supported project — see NSF awards 1323305 & 1323463 for Creative Computation in the Context of Art and Visual Media — was Sidwell Friends School, which a 2013 SMU news release on the three-year, $500K NSF grant noted was best known as the school attended by President Obama's daughters. Interestingly, in a late-2014 interview, the President lamented that his daughters hadn't taken to coding the way he'd like, adding that "part of what's happening is that we are not helping schools and teachers teach it in an interesting way." Hey, nothing that a $4B 'Computer Science For All' K-12 Program can't fix, right? -
Google, Microsoft, Facebook, Twitter To Back Apple With Legal Filing In FBI Case (recode.net)
An anonymous reader writes: Google plans to follow Microsoft in throwing its legal support behind Apple in its increasingly contentious dispute with the federal government around the iPhone connected with the San Bernardino terror attacks, according to sources.
At a congressional hearing on Thursday, Microsoft's legal chief, Brad Smith, said that the company plans to file an amicus brief next week in support of Apple's resistance to helping the FBI hack the phone. Google will deliver its own supporting brief 'soon,' according to sources familiar with the company. -
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. -
Twitter To Extend 140-Character Limit For Tweets (recode.net)
An anonymous reader writes: According to Re/code, Twitter is doing away with its 140-character limit for tweets. The company is currently planning on increasing the limit to 10,000 characters, though the final number may change before they roll it out. "Twitter is currently testing a version of the product in which tweets appear the same way they do now, displaying just 140 characters, with some kind of call to action that there is more content you can't see. Clicking on the tweets would then expand them to reveal more content. The point of this is to keep the same look and feel for your timeline, although this design is not necessarily final, sources say." -
Merry Christmas - Be an Erector Engineer!
theodp writes: More than 50 years ago, lucky kids found an Automatic Conveyor Erector Set under the Xmas tree. And while President Obama lamented last year that kids — including his own — were done a disservice by an educational system that failed to introduce computer science concepts 'with the ABCs and the colors', Radio Shack advised 'Parents Who Care' to put a TRS-80 under the tree for their kids to program way back in 1978. So, to bring things up-to-date, what are the hot tech/science gifts that Santa brought children today? -
Streaming Video Is 70 Percent of Broadband Use (recode.net)
An anonymous reader writes: Streaming entertainment is now the dominant form of broadband usage in North America. A new report from Sandvine says streaming accounts for roughly 70% of downstream traffic during peak times, and 65% of total traffic. That represents a doubling of video/audio streaming since five years ago. "Much of the increase comes from YouTube and Netflix, which already accounted for more than half of your broadband usage a couple of years ago, and continue to grow. But now those services are joined by relatively new entrants, like Amazon* and Hulu, which barely registered a couple of years ago and now account for nearly 6 percent of usage." Streaming doesn't take up such a big portion of traffic on mobile, but it still takes up more than any other type of traffic. It accounts for about 41% of peak downstream traffic, and 37% overall. -
Red Hat and Microsoft Partner On Azure (redhat.com)
An anonymous reader writes: Satya Nadella has made some interesting reforms to Microsoft. Today, Red Hat and Microsoft announced that they will partner to deliver Red Hat's product suite in Azure. Red Hat will also support .NET core in RHEL. Additionally, Red Hat's CloudForms product will now work with Hyper-V/Azure, RHEV, VMware, and AWS. Microsoft has certainly come a long way from the Halloween Memos. Here are Red Hat's blog post and Microsoft's blog post about the announcement -
Report: Google To Fold Chrome OS Into Android (wsj.com)
An anonymous reader writes: According to a report at the Wall Street Journal (paywalled) Google plans to merge its Chrome operating system into Android. Google engineers have already been working on this transition for two years; the company expects to have a functioning preview next year, and a finished product in 2017. "The move is also an attempt by Google to get Android running on as many devices as possible to reach as many people as possible. The operating system runs phones, tablets, watches, TVs and car infotainment systems. Adding laptops could increase Android's user base considerably. That should help Google woo more outside developers who want to write apps once and have them work on as many gadgets as possible, with little modification." This doesn't mean Chrome OS is on its way out. According to public statements from Google execs, it will continue to exist and see active development. -
Twitter To Begin Layoffs (nytimes.com)
An anonymous reader writes: Just a few days ago, Twitter co-founder Jack Dorsey returned to the company and took over the role of CEO. Now, the NY Times reports that the company will be facing layoffs as he cuts the company's costs. Twitter somehow manages to employ over 4,100 people across 35+ offices, so many investors are thrilled with the news. "Twitter's spending has been rising. In the last quarter for which Twitter reported financial results, costs and expenses totaled $633 million, up 37 percent from a year earlier. The layoffs will most likely affect multiple areas of the company, including the engineering and media teams, according to the people with knowledge of the plans." The company is also dropping plans to build a 100,000 square-foot expansion to its headquarters.