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Stories · 3,636
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China Negotiating For Cheaper Cancer Drugs (reuters.com)
hackingbear writes: "China's medical insurance regulator will begin negotiations with domestic and overseas pharmaceutical companies to lower prices of cancer drugs in a bid to cut the financial burden on patients," reports Reuters. "The State Medical Insurance Administration said it was preparing to include more cancer drugs on its list of medicines eligible for reimbursement, and said 10 foreign and eight domestic pharmaceutical companies had expressed a willingness to work with the authority."
Unlike India, or what we may have been told, China enforces pharmaceutical patents rigorously. Recently, the Chinese box office hit Dying to Survive, which told the real life story of a leukemia patient/businessman put on trial due to smuggling imitation drugs to help fellow patients who cannot pay the exorbitant cost of a drug produced by a Swiss pharmaceutical giant, has brought in huge revenues and rave reviews since the movie was released on July 5. Last year, China forced two rounds of NRDL negotiations after seven years of stasis. More than a dozen cancer drugs, including AstraZeneca's Iressa and Roche's Herceptin, are now covered by the country's insurance program, but only after the companies agreed to huge discounts -- a typical move trading lower prices for higher volume. Demand for Herceptin, for example, surged after the discount and triggered a national shortage. -
Only 39 Percent of Viewers Choose Live TV As Their Default Option, Says Study (deadline.com)
According to a new study by Hub Entertainment Research, viewers are increasingly defaulting to on-demand sources like Netflix, Amazon Prime Video, and Hulu instead of live TV. The study found that only 39% of viewers tune into live programming from a traditional pay-TV provider, down from 47% last year. On-demand sources, collectively, were the first choice for 48% of viewers. Deadline reports: For viewers aged 18-34, the pattern is more stark -- only about a quarter (26%) of the demo lists live TV as a default, compared with 35% a year ago. One clear influence on consumer behavior is the increase in TV sources -- the average person has 4.5 distinct sources to choose from (including linear TV, DVR, VOD, Netflix, etc.). That number is up from 3.7 in 2014. Among viewers 18-34, the number is higher, at 5.1 sources -- plus, Hub found that fully 50% of 18-34-year-olds subscribe to at least two of the "big three" SVOD services, Netflix, Amazon or Hulu. Even older generations accustomed to the "clicker" have turned away from live TV as a default. About 56% of viewers 55 and older listed live as their first choice, but that's down from 66% a year ago.
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Netflix and Amazon Are Struggling To Win Over the World's Second-Largest Internet Market (cnbc.com)
An anonymous reader shares a report: As Netflix and Amazon search for new users abroad, they are increasingly looking to India as a big market. Once crippled by poor internet infrastructure and low household income, the world's second-largest internet market has exhibited tremendous potential in the recent years. It's proving, however, to be a tough nut to crack for the American streaming leaders.
Leading the pack in the nation is Hotstar. Owned by Star India, which is controlled by Twenty-First Century Fox, Hotstar had about 70 percent of the on-demand local streaming services market earlier this year, according to estimates by research firm Jana. The three-and-a-half-year-old service has 150 million monthly active users, CEO Ajit Mohan told CNBC in an interview. Netflix, by contrast, has fewer than one million subscribers in the country, according to industry estimates. Once considered a luxury, an increasingly growing number of Indians are giving online streaming services a try. Companies have taken notice: More than 35 streaming services have launched or expanded their businesses in India in the last three and a half years, with many more planning to enter Bollywood soon. [...] Analysts say sporting events and local content are proving crucial in bringing new users to video platforms and then keeping them online, two areas where international giants are struggling. Hotstar, which offers much of its content to users at no charge (instead relying on ads to make revenue), charges $3 for its premium offering. In contrast, Netflix charges Indians about $8 a month.
Sports streaming in particular is helping local firms gain new users, the report said. You might remember Hotstar, which entered the US and Canada markets, set a new global concurrent record in late April, and now it turns out SonyLiv is getting more concurrent viewers to the FIFA World Cup in India than Fox Sports is generating on its digital platform in the US. -
MoviePass is Going To Start Charging More For Popular Movies Next Month (qz.com)
As if seeing a popular movie with MoviePass -- where you can't reserve tickets in advance -- wasn't stressful enough, it's about to get more expensive, too. From a report: The movie-ticket subscription service, which charges $9.95 per month to see a movie a day in the US, will start surge pricing on popular movies next month, Business Insider reported. MoviePass will charge subscribers $2 or more to see titles that the app decides are very popular with its members beginning in July, Mitch Lowe, MoviePass's CEO, told the publication. He was vague on the details. "At certain times for certain films -- on opening weekend -- there could be an additional charge for films," Lowe said, calling the forthcoming policy "high-demand" pricing. But if you've paid for a year's subscription to MoviePass upfront, don't worry: Lowe said these subscribers would not be subjected to the new pricing policy. MoviePass will begin rolling out two other previously announced features, like the option to upgrade to premium movie formats such 3D and IMAX, or bring a friend to the movies, by August, Lowe added.
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Smartphone Shipments Declined For the First Time In 2017 (theverge.com)
2017 was the first year that smartphone unit shipments didn't grow, according to a new Internet Trends report. "Shipments actually declined by 0.5 percent, as IDC noted in February," reports The Verge. "In 2016, shipments were lukewarm at 2 percent yearly growth, but this downturn is significant." From the report: Among smartphone shipments, Android and iOS have all but completely pushed out every other mobile operating system. And despite the growing price of today's top flagship devices, the average selling price of a smartphone has steadily fallen over the years. As more of the world now owns smartphones, growth has basically stalled. Similarly, internet user growth has only grown 7 percent in 2017, compared to 12 percent in 2016. More people are accessing the internet than ever, on an average of 5.9 hours a day. And they're browsing on mobile, indicating that they're just holding onto older models of phones instead of buying new ones.
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Airbus Steps Up Push for Flying Taxis, On-Demand Helicopters (bloomberg.com)
The future of transportation may not be on the roads but the skies. That might not be a reality quite yet but Airbus is taking it seriously. The company is settng up a division for flying cars and on-demand taxis. From a report: Airbus SE is creating a division to oversee futuristic transport options such as flying taxis and on-demand helicopters in a sign the European planemaker is going on the offensive against tech providers and startups encroaching in the market. The manufacturer named company veteran Eduardo Dominguez Puerta, 40, on Monday to head its newly formed Urban Air Mobility unit. Puerta helped start the firm's innovation center in Silicon Valley, where he served as chief operating officer. Projects that will be overseen by the division include an autonomous flying cab prototype called CityAirbus, an electric flying taxi named Vahana and Voom, billed by Airbus as a premier on-demand helicopter booking platform. Ride-hailing app creator Uber Technologies and startup Kitty Hawk, backed by Google's co-founder Larry Page, are also working to develop airborne taxis.
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India's Hotstar Sets New Benchmark With Streaming Record, Draws Over 10M Concurrent Viewers To a Cricket Match (medium.com)
An anonymous reader shares a report: An Indian on-demand streaming service, with fewer than 400 employees, has pulled off a milestone that Silicon Valley companies Facebook, Amazon and Google-owned YouTube can only dream about at the moment. On several occasions Sunday evening, more than 10 million viewers simultaneously tuned in to Hotstar, the largest on-demand streaming service in India, to watch the deciding match of the 11th edition of Indian Premier League cricket tournament. The real-time concurrent views, displayed publicly on Hotstar's website, peaked at 10.7 million, the highest any online streaming service has reported to date. It's a big milestone for Star India-owned Hotstar, which first broke the previous top record -- about 8 million concurrent views -- in the first qualifier match in the same cricket tournament last week. In 2012, YouTube reported that its platform saw about 8 million concurrent views on the live-stream of skydiver Felix Baumgartner jumping from near-space to the Earth's surface.
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The Percentage of Open Source Code in Proprietary Apps is Rising (helpnetsecurity.com)
Zeljka Zorz, writing for Help Net Security: The number of open source components in the codebase of proprietary applications keeps rising and with it the risk of those apps being compromised by attackers leveraging vulnerabilities in them, a recent report has shown. Compiled after examining the findings from the anonymized data of over 1,100 commercial codebases audited in 2017 by the Black Duck On-Demand audit services group, the report revealed two interesting findings:
96 percent of the scanned applications contain open source components, with an average 257 components per application. The average percentage of open source in the codebases of the applications scanned grew from 36% last year to 57%, suggesting that a large number of applications now contain much more open source than proprietary code. -
Tesla Unveils Dual Motor and Performance Specs For Model 3
Rei writes: Yesterday evening, Elon Musk announced the pricing and specs for two of the Model 3's most in-demand options -- dual motor and performance versions. The base dual motor configuration adds an AC induction front motor to the current partial-PM reluctance rear motor for $5,000; in addition to AWD and allowing the car to drive with either motor out, this cuts the 0 to 60 mph acceleration time from 5.1 seconds to 4.5 seconds. The performance package is available as a bundle, including the long-range pack, premium interior, 20" wheels, carbon fiber spoiler, and a new black-and-white interior. The vehicle will cost $78,000; 0 to 60 mph times are further cut to 3.5 seconds and the top speed increases from 140 mph to 155 mph.
While these options have consistently polled as the most in-demand options not yet available, several still remain and are variously due late this year/early next year: cream interior, non-PUP, tow hitch, SR battery, and air suspension. EU-spec and China-spec are also due early next year. Production is currently over 3,500 per week, rumored to be 4,300 per week, and will be undergoing a shutdown from May 26-31 to raise production to the Q2 target of 5000-6000. -
'Biology Will Be the Next Big Computing Platform' (wired.com)
An anonymous reader writes: "Amazon, but for Crispr." It's a notion that may sound far-fetched -- but it's exactly what Synthego, a Silicon Valley biotech startup, wants to be. Synthego's first product let scientists order a custom Crispr kit and have it delivered within a week; in the next few weeks, the startup will add custom Crispr'd human cell lines to its on-demand offerings, which will help scientists working on potentially life-saving medicines. Crispr, as this WIRED guide explains, "is a new class of molecular tools that scientists can use to precisely target and cut any kind of genetic material." It's revolutionizing biology -- but neither of Synthego's founders is a biologist. Turns out, in the ever-expanding industry around genome engineering, that's hardly a disqualifier.
Across the country, companies are trying to snag a seat on the fast-moving Crispr train. There's Inscripta, which is gunning to be the Apple of gene-editing by building the biological equivalent of the personal computer. In theory, that hardware will make gene editing as easy as pushing a button. And then there's Twist Biosciences, which can print out a powerful Crispr guide (the tool that identifies the bits of genetic code a scientist is hoping to target) on a single semiconductor chip -- the Intel of genome engineering, if you will. As Megan Molteni writes, "all these analogies to the computing industry are more than just wordplay." Rather, they offer a language for understanding the complex world of Crispr. "Crispr is making biology more programmable than ever before," Molteni writes. "And the biotech execs staking their claims in Crispr's backend systems have read their Silicon Valley history. They're betting biology will be the next great computing platform, DNA will be the code that runs it, and Crispr will be the programming language." -
Spotify Wants More Paid Subscribers, So It Has Launched a New App To Give Away More Music For Free (recode.net)
Spotify on Tuesday announced a new redesigned app for free customers, its first major change to the free tier in four years, as it attempts to lure more customers into buying its subscription service. Free listeners will now get on-demand access to 15 playlists; they can play any song they want in those playlists and are no longer stuck in a world of shuffled playback. From a report: The idea: If people get more stuff without paying, they are more likely to end up paying in the long run. The new mobile app gives free users the ability to play more songs on demand, from 15 pre-populated playlists -- some of which are personalized for individual users, like its popular "Discover Weekly" feature. Spotify has always let users listen to on-demand music for free via an ad-supported option -- it's the main thing that set the company apart from other streaming services in the past. But it has limited full, free access to its library of songs to desktop users, and limited what free users could get to on its mobile app. Today's move doesn't remove those limits entirely, but gives users more opportunity to sample. Paid users get full access to Spotify's entire catalog, on-demand, without ads. The new app also offers users the ability to stream songs with lower data usage. The company says users can save up to 75% of mobile data with data saver mode while streaming on 3G.
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Trump Promises Copyright Crackdown As DoJ Takes Aim At Streaming Pirates (torrentfreak.com)
An anonymous reader quotes a report from TorrentFreak: Yesterday, a panel discussion on the challenges associated with piracy from streaming media boxes took place on Capitol Hill. Hosted by the Information Technology and Innovation Foundation (ITIF), "Unboxing the Piracy Threat of Streaming Media Boxes" (video) went ahead with some big name speakers in attendance, not least Neil Fried, Senior Vice President, Federal Advocacy and Regulatory Affairs at the MPAA. ITIF and various industry groups tweeted many interesting comments throughout the event. Kevin Madigan from Center for the Protection of Intellectual Property told the panel that torrent-based content "is becoming obsolete" in an on-demand digital environment that's switching to streaming-based piracy. "There's a criminal enterprise going on here that's stealing content and making a profit," Fried told those in attendance. "The piracy activity out there is bad, it's hurting a lot of economic activity & creators aren't being compensated for their work," he added.
And then, of course, we come to President Trump. Not usually that vocal on matters of intellectual property and piracy, yesterday -- perhaps coincidentally, perhaps not -- he suddenly delivered one of his "something is coming" tweets. "The U.S. is acting swiftly on Intellectual Property theft," Trump tweeted. "We cannot allow this to happen as it has for many years!" Given Trump's tendency to focus on problems overseas causing issues for companies back home, a comment by Kevin Madigan during the panel yesterday immediately comes to mind. "To combat piracy abroad, USTR needs to work with the creative industries to improve enforcement and target the source of pirated material," Madigan said. -
Uber Self-Driving Trucks Are Now Moving Cargo For Uber Freight Customers (techcrunch.com)
Uber's autonomous trucks are now being put to work via Uber Freight, Uber's commercial cargo shipping on-demand app. "The first runs are being done in Arizona, with regular hauls operating with both human drivers and autonomous trucks working in tandem," reports TechCrunch. From the report: How it works is that Uber will load up the freight on a conventional, human driven truck who collects the load from the shipper and then does a short haul run to a transfer hub. The short haul truck then loads its cargo onto a long-haul freight transport, which is autonomous for the purposes of these trips. That self-driving test truck handles the highway driving for the longer portion of the trip, handing it off once again to a human-driven trip for the short haul cap to the overall journey. Uber Freight handles the load sourcing, just as it dos for connecting shippers with regular human truckers. Uber's Advanced Technology Group is simply deploying its self-driving trucks on the Uber Freight platform, in the same way that the autonomous team within Uber is using the Uber ride-hailing network to test and deploy its self-driving ride share vehicles. Uber has released a video depicting this journey.
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Researcher Admits Study That Claimed Uber Drivers Earn $3.37 An Hour Was Not Correct (fortune.com)
Last week, an MIT study using data from more than 1,100 Uber and Lyft drivers concluded they're earning a median pretax profit of just $3.37 per hour. Uber was less than pleased by their findings and used a blog post to highlight problems with the researchers' methodology. "Now the lead researcher behind the draft paper has admitted that Uber's criticism was actually pretty valid -- while also asking Uber and Lyft to make more data available, in order to improve his analysis," reports Fortune. From the report: The issue with the draft paper from MIT's Center for Energy and Environmental Policy Research (CEEPR), Uber's chief economist Jonathan Hall said, was this: The researchers asked drivers how much money they made on average each week from such services, but then asked "How much of your total monthly income comes from driving" -- without specifying that such income must relate to on-demand services. Of course, many people driving for Uber and Lyft also earn money from regular jobs and other income sources. And this, Hall alleged, skewed the researchers' results.
"Hall's specific criticism is valid," wrote Stephen Zoepf, the executive director of Stanford's Center for Automotive Research, who led the MIT study, on Monday. "In re-reading the wording of the two questions, I can see how respondents could have interpreted the two questions in the manner Hall describes." Zoepf said he would be updating the CEEPR paper, but in the meantime he recalculated the figures using a methodology suggested by Hall, and found that the median profit was $8.55 per hour, rather than $3.37, and only 8% of drivers lose money on on-demand platforms. Using another methodology, he added, the median rises to $10 per hour and only 4% of drivers lose money. -
Even With Double the Subscribers, Spotify Says Apple Will Always Have an Edge Owning the App Store (techcrunch.com)
On Wednesday, Spotify filed for a direct listing in the U.S., sidestepping the traditional IPO process, and now we're starting to see some of the true financial guts of the company -- and some of the significant risks it faces from challenging services from Apple and Google. From a report: Apple, for example, charges apps a percentage of revenue for subscriptions processed through the App Store. Apple Music, meanwhile, will always deliver Apple 100 percent of the subscription revenue that it receives from subscribers (sans record fees and all that kind of stuff, of course). Apple, too, has a direct integration with its iOS devices and also a huge amount of brand recognition, even though Spotify is a massive service. Spotify says it has 159 million monthly active users and 71 million premium subscribers, while Apple has 36 million paying subscribers as of February 2018. Spotify said, "In addition, Apple and Google also own application store platforms and are charging in-application purchase fees, which are not being levied on their own applications, thus creating a competitive advantage for themselves against us. As the market for on-demand music on the internet and mobile and connected devices increases, new competitors, business models, and solutions are likely to emerge."
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Crypto-currency Craze 'Hinders Search For Alien Life' (bbc.com)
Scientists listening out for broadcasts by extra-terrestrials are struggling to get the computer hardware they need, thanks to the crypto-currency mining craze, a radio-astronomer has said. From a report: Seti (Search for Extraterrestrial Intelligence) researchers want to expand operations at two observatories. However, they have found that key computer chips are in short supply. "We'd like to use the latest GPUs [graphics processing units]... and we can't get 'em," said Dan Werthimer. Demand for GPUs has soared recently thanks to crypto-currency mining. "That's limiting our search for extra-terrestrials, to try to answer the question, 'Are we alone? Is there anybody out there?'," Dr Werthimer told the BBC. "This is a new problem, it's only happened on orders we've been trying to make in the last couple of months."
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Man Handed Conditional Prison Sentence for Spreading Information About Popcorn Time Service (torrentfreak.com)
A man from Denmark has been handed a six-month conditional prison sentence for spreading information about Popcorn Time, an authorized on-demand movies and TV shows streaming service, news outlet TorrentFreak reports. From the report: In what is being described as a first for Europe, the man was convicted after telling people how to download, install and use the movie streaming service. He was also ordered to forfeit $83,300 in ad revenue and complete 120 hours community service.
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Flat Earther Fails To Launch His Homemade Rocket -- Yet Again (facebook.com)
An anonymous reader writes: Flat earther "Mad" Mike Hughes, who also bills himself as "the last great daredevil," promised Super Bowl-sized ratings for an event Saturday where he'd blast himself nearly half a mile into the sky on a homemade rocket. "We had 20 cameras on site today, ready for a full segment," explained the video-on-demand site Noize TV on their Facebook page. One newspaper described it as also being "an event which he hopes will get people to investigate the ideology which holds the earth is flat." But judging from online reactions, the event was just another disappointment.
Noize TV's Facebook post titled "The Launch!!! Finally" shows a picture of Mike standing beside his rocket -- but it's followed by a commenters saying things like "There was no launch. I doubt there will be," and the official Noize TV account saying "We thought he would press that button... He did not. And won't be doing so we are pretty certain." And this morning Noize TV posted that "we will no longer cover non launches, only launches... It turns out non launches are not as funny as we anticipated."
One woman even posted that "I was there for awhile...police were there. Ambulance was there. 100 people that weren't supposed to be there was there..." And while there's rumors Mike might still try again another day, her ultimate verdict about the limo-driver-turned-daredevil was cynical. "He's all about getting seen rather than getting launched... My husband gave him $100 cash the last time he was going to launch...live and learn." -
Streaming Services Must Hike Songwriter Payments Nearly 50%, Court Rules (bloomberg.com)
An anonymous reader quotes Bloomberg: Songwriters will get a larger cut of revenue from streaming services after a court handed technology companies a big defeat. The Copyright Royalty Board ruled that songwriters will get at least a 15.1 percent share of streaming revenues over the next five years, from a previous 10.5 percent. That's the largest rate increase in CRB history, according to a statement from the National Music Publishers' Association. The decision is a major victory for songwriters, who have long complained they are insufficiently uncompensated by on-demand music services like Spotify and YouTube.
"The ratio of what labels are paid by the services versus what publishers are paid has significantly improved," argues the NMPA, "resulting in the most favorable balance in the history of the industry.
"While an effective ratio of 3.82 to 1 is still not a fair split that we might achieve in a free market, it is the best songwriters have ever had under the compulsory license... The decision represents two years of advocacy regarding how unfairly songwriters are treated under current law and how crucial their contributions are to streaming services."
Meanwhile, the U.S. Congress has introduced a bipartisan "Music Modernization Act" to overhaul the rate court, and to create a new governing agency to issue blanket licenses to streaming services and then collect and distribute the resulting roylaties. -
Flat Earther Plans New Rocket Launch, Predicts Super Bowl-Sized Ratings (phillyvoice.com)
Self-taught rocket scientist/daredevil "Mad" Mike Hughes will finally launch his homemade rocket in two weeks -- despite "anonymous online haters questioning his every move." An anonymous reader quotes PhillyVoice: He's found some private land in the "ghost town" of Amboy, California -- complete with a brand-spanking-new road that'll enable him to get his motor home and rocket gear to the site... "It'll be a vertical launch, me strapped into the rocket with 6,000 pounds of thrust, going up about three-eighths of a mile," he said, noting it's a prologue to a major launch this Fourth of July weekend. "It's the ultimate Wile E. Coyote move."
As with the scrubbed mission, this is in part an event which he hopes will get people to investigate the ideology which holds the earth is flat -- despite quite a bit of evidence to the contrary. He said it would've happened back in November if international publicity hadn't prompted government bureaucrats to "cover their asses" by pointing out that his launch site crept 150 feet into federal land. "I could've been arrested so at that point, I just went home and got back to work," he said... "But guess what? It's about to happen again... I should get more viewers than the Super Bowl," said Hughes, adding the launch will be aired on Noize TV [a video-on-demand service].
Noize TV has already posted video of a new interview with Hughes, touting his upcoming launch at 3 p.m. on Saturday, February 3, the day before the Super Bowl (which Hughes calls "nothing but bullshit.")
Hughes says he's also filing to run for Governor of California.