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Stories · 13,059
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New York Times CEO: Print Journalism Has Maybe Another 10 Years (cnbc.com)
New York Times CEO Mark Thompson believes that the newspaper printing presses may have another decade of life in them, but not much more. "I believe at least 10 years is what we can see in the U.S. for our print products," Thompson said on "Power Lunch." He said he'd like to have the print edition "survive and thrive as long as it can," but admitted it might face an expiration date. "We'll decide that simply on economics," he said. "There may come a point when the economics of [the print paper] no longer make sense for us. The key thing for us is that we're pivoting. Our plan is to go on serving our loyal print subscribers as long as we can. But meanwhile to build up the digital business, so that we have a successful growing company and a successful news operation long after print is gone." CNBC reports: Digital subscriptions, in fact, may be what's keeping the New York Times afloat for a new generation of readers. While Thompson said the number of print subscribers is relatively constant, "with a little bit of a decline every time," the company said last week that it added 157,000 digital subscribers in the fourth quarter of 2017. The majority were new subscribers, but that number also included cooking and crossword subscriptions. Revenue from digital subscriptions increased more than 51 percent in the quarter compared with a year earlier. Overall subscription revenue increased 19.2 percent. Meanwhile, the company's fourth-quarter earnings and revenue beat analysts expectations, "even though the print side of the business is still somewhat challenged," Thompson said. Total revenue rose 10 percent from a year earlier to $484.1 million. New York Times' shares have risen more than 20 percent this year. "Without question we make more money on a print subscriber," Thompson added. "But the point about digital is that we believe we can grow many, many more of them. We've already got more digital than print subscribers. Digital is growing very rapidly. Ultimately, there will be many times the number of digital subscribers compared to print."
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Google Is Adding Snapchat-Style Stories To Mobile Search Results (qz.com)
Google is rolling out tappable, visual stories that incorporate text, images, and videos in the style made popular by Snapchat. "It started widely testing the multimedia format, called AMP stories, today (Feb. 13) in an effort to help publishers engage more with readers on mobile," reports Quartz. Google announced the feature in a developer blog post. From the report: Users can now find Google stories in search results -- in a box called "visual stories" -- when they search on mobile at g.co/ampstories for the names of publishers that have begun using the format, such as CNN, Conde Nast, Hearst, Mashable, Meredith, Mic, Vox Media, and the Washington Post brands. Google worked with those publishers to develop the format. Desktop users can also get a taste of stories through Google's Accelerate Mobile Pages site. When a user selects a story, like Cosmopolitan magazine's piece on apple cider vinegar, it displays in a full-screen, slideshow format, similar to those on Snapchat and Instagram.
The multimedia format is part of Google's Accelerated Mobile Pages (AMP) project, a competitor to Facebook's Instant Articles that helps load pages faster on mobile devices. Like AMP, the AMP story format is open-sourced, so anyone can use it. However, Google is reportedly only displaying stories from a select group of publishers, including those it partnered with on the development, on its own site at the moment. The company said it plans to bring AMP stories to more Google products in the future, and expand the ways they appear in Google search. -
Trump's Infrastructure Plan Has No Dedicated Money For Broadband (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: President Trump's new 10-year plan for "rebuilding infrastructure in America" doesn't contain any funding specifically earmarked for improving Internet access. Instead, the plan sets aside a pool of funding for numerous types of infrastructure projects, and broadband is one of the eligible categories. The plan's $50 billion Rural Infrastructure Program lists broadband as one of five broad categories of eligible projects.
Eighty percent of the program's $50 billion would be "provided to the governor of each state." Governors would take the lead in deciding how the money would be spent in their states. The other 20 percent would pay for grants that could be used for any of the above project categories. Separately, broadband would be eligible for funding from a proposed $20 billion Transformative Projects Program, along with transportation, clean water, drinking water, energy, and commercial space. Trump's plan would also add rural broadband facilities to the list of eligible categories for Private Activity Bonds, which allow private projects to "benefit from the lower financing costs of tax-exempt municipal bonds." The plan would also let carriers install small cells and Wi-Fi attachments without going through the same environmental and historical preservation reviews required for large towers. -
Microsoft: We're Developing Blockchain ID System Starting With Our Authenticator App (zdnet.com)
Microsoft has revealed its plans to use blockchain distributed-ledger technologies to securely store and manage digital identities, starting with an experiment using the Microsoft Authenticator app. From a report: Microsoft reckons the technology holds promise as a superior alternative to people granting consent to dozens of apps and services and having their identity data spread across multiple providers. It highlights that with the existing model people don't have control over their identity data and are left exposed to data breaches and identity theft. Instead, people could store, control and access their identity in an encrypted digital hub, Microsoft explained. To achieve this goal, Microsoft has for the past year been incubating ideas for using blockchain and other distributed ledger technologies to create new types of decentralized digital identities.
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Amazon Is Designing Custom AI Chips For Alexa (theverge.com)
According to a report (paywalled) from The Information, Amazon is designing a custom artificial intelligence chip that would power future Echo devices and improve the quality and response time of its Alexa voice assistant. "The move closely followers rivals Apple and Google, both of which have already developed and deployed custom AI hardware at various scales," reports The Verge. From the report: While Amazon is unlikely to physically produce the chips, given its lack of both fabrication experience and a manufacturing presence in China, the news does pose a risk to the businesses of companies like Nvidia and Intel. Both companies have shifted large portions of their chipmaking expertise to AI and the future of the burgeoning field, and both make money by designing and manufacturing chips for companies like Apple, Amazon, and others. Amazon, which seeks to stay competitive in the smart home hardware market and in the realm of consumer-facing AI products, has nearly 450 people with chip expertise on staff, reports The Information, thanks to key hires and acquisitions the e-commerce giant has made in the last few years. The plan is for Amazon to develop its own AI chips so Alexa-powered products in its ever-expanding Echo line can do more on-device processing, instead of having to communicate with the cloud, a process that increases response rate times.
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Trump's New Infrastructure Plan Calls For Selling Off Two Airports (politico.com)
The Trump administration has released an infrastructure plan on Monday that proposes that the federal government considers selling off Ronald Reagan Washington National Airport and Washington Dulles International Airport. According to Trump's blueprint, the administration wants to allow federal agencies to divest assets if they "can demonstrate an increase in value from the sale would optimize the taxpayer value for federal assets." It also includes the George Washington and Baltimore Washington parkways, the Washington Aqueduct and the transmission assets of the Tennessee Valley Authority and Bonneville Power Administration on the list for "potential divesture." Politico reports: State and local agencies or the private sector may be better at managing assets currently owned by the federal government, the administration argues, and federal agencies should be able to "identify appropriate conditions under which sales would be made." They should also "delineate how proceeds would be spent." Under the administration's proposal, federal agencies would have to complete an analysis demonstrating an "increase in value from divestiture." Though technically owned by the federal government, both airports are operated by the Metropolitan Washington Airports Authority under a long-term lease agreement. The 53-page infrastructure plan lays out a vision to turn $200 billion in federal money into $1.5 trillion for fixing America's infrastructure by leveraging local and state dollars and private investment. "The White House says its plan will create $1.5 trillion for repairing and upgrading America's infrastructure," reports CNNMoney. "Only $200 billion of that, however, would come from direct federal spending. The rest is supposed to come from state and local governments, which are expected to match any federal allocation by at least a four-to-one ratio. States have gradually assumed more of the responsibility for funding infrastructure in recent years, and the White House says it wants to accelerate that trend."
As for how the money would be split up, the plan says that half of the new federal money, $100 billion, "would be parceled out as incentives to local government entities," reports CNNMoney. "An additional $20 billion would go toward 'projects of national significance' that can 'lift the American spirit,'" while another $50 billion will be designated "for rural block grants, most of which will be given to states according to a formula based on the miles of rural roads and the rural population they have," reports CNNMoney. "The rest of the money would support other infrastructure-related undertakings..." -
Chinese Phone Maker Xiaomi Deletes a Public MIUI vs Android One Twitter Poll After Voting Didn't Go Its Way (betanews.com)
Chinese smartphone maker Xiaomi, which sells handsets at razor thin margins, is increasingly dominating in its home market and emerging places such as India and Indonesia. To make money, the company relies on a range of homegrown software features in its Android-based MIUI operating system. In a surprising move earlier this week, the company asked its Twitter followers to choose between MIUI and Android One (which runs pure Android OS). Things didn't go as it had planned. From a report: Presumably the company was rather hoping that Twitter users would vote for its own MIUI which it could then rub in Google's face -- but the poll actually went against Xiaomi. Rather than leave the results of the vote up for anyone to see, the company decided to simply delete it and pretend it never happened. Take a look at the Xiaomi account on Twitter, and you'll see no hint that any such poll has ever taken place. But over on Reddit, there's a thread which was started by someone posting a link to the poll. In the comments, one Redditor noticed after a period of voting that: "So far it's 53-47 for android one."
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There Are Ajit Pai 'Verizon Puppet' Jokes That the FCC Doesn't Want You To Read (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: The Federal Communications Commission is refusing to release the draft versions of jokes told by Chairman Ajit Pai at a recent dinner, claiming that releasing the drafts would "impede the candid exchange of ideas" within the commission. In December, Pai gave a speech at the annual FCC Chairman's Dinner and played a video that attempts to lampoon critics who accuse Pai of doing the bidding of Verizon, his former employer. The video was shown less than a week before the FCC voted to repeal net neutrality rules, a favorable move for the broadband industry requested by Verizon and other ISPs. The satirical skit shows Pai planning his future ascension to the FCC chairmanship with Verizon executive Kathleen Grillo in 2003, the last year Pai worked as a Verizon lawyer. The video shows Pai and the Verizon executive plotting to install a "Verizon puppet" as FCC chair. In response, Gizmodo filed a Freedom of Information Act (FoIA) request for "any communications records from within the chairman's office referencing the event or the Verizon executive," the news site wrote yesterday. "Nearly a dozen pages worth of emails were located, including draft versions of the video's script and various edits," Gizmodo wrote. "The agency is refusing to release them, however; it is 'reasonably foreseeable,' it said, that doing so would injure the 'quality of agency decisions.'" The FCC searched for the records in response to Gizmodo's request and "returned no communications whatsoever with Kathy Grillo," the article said.
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Budget Deal Has Tax Credit Extensions For Nuclear, Fuel Cells, Carbon Capture (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: A two-year budget deal was approved by the House and the Senate this morning and signed by President Trump a few hours later. The budget (PDF) included a slew of tax credit extensions that will affect how the energy industry plans its next two years. Most notably, the deal extended a $0.018 per-kWh credit for nuclear power plants over 6,000MW -- a tax credit that is primarily going to benefit one project in the US. That project is the construction of two new reactors at the Georgia Vogtle nuclear power plant.
Interestingly, a bipartisan effort to increase and extend tax credits for carbon sequestration passed through this budget. The bill was pushed through by Senators Heidi Heitkamp (D-N.D.), Shelley Moore Capito (R-W.V.), Sheldon Whitehouse (D-R.I.), and John Barrasso (R-Wyo.). The bill would offer a tax credit per ton of carbon dioxide that is captured and either sequestered, used for another end product, or used for enhanced oil recovery. The credit applies to any facility that started carbon capture construction within the past seven years, and the credit extends for 12 years.
While the budget deal leaves the federal tax credit scheme for electric vehicles unchanged (automakers can still entice buyers with a $7,500 credit for the first 200,000 electric vehicles that roll off that automaker's line), the budget did include and extend some interesting tax credits for other kinds of non-traditional energy. Fuel cell vehicles saw an extension of tax credits that will allow purchasers of new cars a tax credit of between $4,000 and $40,000, depending on the weight of the vehicle (this is probably good news for potential customers of Nikola's in-development fuel-cell semis). Non-hydrogen alternative fuel infrastructure also scored, as the new budget lets installers of infrastructure for alternative fuels like biodiesel and natural gas deduct 30 percent of the cost of installing the new pumps. Two-wheeled electric vehicle buyers will also see a 10-percent credit extended (though that credit has a $2,500 cap). Per-gallon biodiesel and renewable diesel credits that expired at the end of 2017 will continue. -
Amazon To Take On UPS, FedEx Via 'Shipping With Amazon' (arstechnica.com)
According to a report by The Wall Street Journal, Amazon is planning to take on UPS and FedEx with a new shipping service named "Shipping with Amazon" (SWA). The new service will reportedly roll out in Los Angeles in the coming weeks. Ars Technica reports: Aside from first starting in LA, SWA will first serve third-party merchants that already sell on Amazon. The company plans to send drivers to pick up shipments from these businesses and deliver the packages for them. While shipping and delivery will mostly go through Amazon, anything outside of the retailer's reach will be given to the USPS and other shipping services for the "last mile" portion of the delivery. In the future, Amazon reportedly wants to open up SWA to businesses that aren't affiliated with the site -- meaning Amazon could ship and deliver packages from companies of all sizes. Amazon also believes it can compete with UPS and FedEx by making SWA more affordable for business customers, but its pricing structure hasn't been revealed.
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Major Websites Are Planning a 'Day of Action' To Block Repeal of Net Neutrality (medium.com)
An anonymous reader writes: Fight for the Future, a nonprofit advocacy group concerned with digital rights, has posted to medium today, revealing that many major websites, online communities, and internet users are planning a "day of action" focused on finding the final vote needed to pass the Congressional Review Act (CRA). "50 Senators have already come out in support of the CRA, which would completely overturn the FCC's December 14 decision and restore net neutrality protections," the post reads. "Several Senators have indicated that they are considering becoming the 51st vote we need to win, but they're under huge pressure from telecom lobbyists. Only a massive burst of energy from the internet will get them to move."
The day of action is scheduled for February 27, and participants include Tumblr, Etsy, Vimeo, Medium, Namecheap, Imgur, Sonos, and DuckDuckGo. "Internet users will be encouraged to sound the alarm on social media and sign up to receive alerts with their lawmaker's position on net neutrality and prompts to take action on the big day, while websites, subreddits, and online communities will display prominent alerts driving phone calls, emails, and tweets to Senators and Representatives calling on them to pass the CRA." The post notes that we're faced with an uphill battle as the fight will elevate to the House of Representatives if the CRA can pass the Senate. From there it will go to the President's desk. -
Apple Intern Reportedly Leaked iPhone Source Code (theverge.com)
Earlier this week, a portion of iOS source code was posted online to GitHub, and in an interesting twist, a new report from Motherboard reveals that the code was originally leaked by a former Apple intern. The Verge reports: According to Motherboard, the intern who stole the code took it and distributed it to a small group of five friends in the iOS jailbreaking community in order to help them with their ongoing efforts to circumvent Apple's locked down mobile operating system. The former employee apparently took "all sorts of Apple internal tools and whatnot," according to one of the individuals who had originally received the code, including additional source code that was apparently not included in the initial leak. The plan was originally to make sure that the code never left the initial circle of five friends, but apparently the code spread beyond the original group sometime last year. Eventually, the code was then posted in a Discord chat group, and was shared to Reddit roughly four months ago (although that post was apparently removed by a moderation bot automatically). But then, it was posted again to GitHub this week, which is when things snowballed to where they are now, with Apple ordering GitHub to remove the code.
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Viacom To Launch Its Own Streaming Service this Year (techcrunch.com)
Viacom said today it's planning to launch its own ad-supported streaming service by September 2018, the end of its fiscal year. The service will include "tens of thousands of hours of content" from across Viacom's library. From a report: Viacom had hinted about its plans in streaming before, but it shared a few more details on the call about what the service will include. The company, which owns cable TV channels like MTV and Comedy Central, already licenses some of its content to other streaming services like Sling TV and DirecTV Now, as well as newcomer Philo. "It's going to be rolled out in the U.S., in terms of the amount of content that it's going to have, it's going to have tens of thousands of hours of content that cut across the library we have on a global basis," the company said.
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German Navy Experiences 'LCS Syndrome' In Spades As New Frigate Fails Sea Trials (arstechnica.com)
schwit1 shares a report from Ars Technica, highlighting the problems the Germany Navy is facing right now. It has no working submarines due to a chronic repair parts shortage, and its newest ships face problems so severe that the first of the class failed its sea trials and was returned to the shipbuilders in December. From the report: The Baden-Wurttemberg class frigates were ordered to replace the 1980s-era Bremen class ships, all but two of which have been retired already. At 149 meters (488 feet) long with a displacement of 7,200 metric tons (about 7,900 U.S. tons), the Baden-Wurttembergs are about the size of destroyers and are intended to reduce the size of the crew required to operate them. Like the Zumwalt, the frigates are intended to have improved land attack capabilities -- a mission capability largely missing from the Deutsche Marine's other post-unification ships. The new frigate was supposed to be a master of all trades -- carrying Marines to deploy to fight ashore, providing gunfire support, hunting enemy ships and submarines, and capable of being deployed on far-flung missions for up to two years away from a home port. As with the U.S. Navy's LCS ships, the German Navy planned to alternate crews -- sending a fresh crew to meet the ship on deployment to relieve the standing crew.
Instead, the Baden-Wurttemberg now bears the undesirable distinction of being the first ship the German Navy has ever refused to accept after delivery. In fact, the future of the whole class of German frigates is now in doubt because of the huge number of problems experienced with the first ship during sea trials. So the Baden-Wurttemberg won't be shooting its guns at anything for the foreseeable future (and neither will the Zumwalt for the moment, since the U.S. Navy cancelled orders for their $800,000-per-shot projectiles). System integration issues are a major chunk of the Baden-Wurrenberg's problems. About 90 percent of the ship's systems are so new that they've never been deployed on a warship in fact -- they've never been tested together as part of what the U.S. Navy would call "a system of systems." And all of that new hardware and software have not played well together -- particularly with the ship's command and control computer system, the Atlas Naval Combat System (ANCS). schwit1 adds: "Perhaps most inexcusable, the ship doesn't even float right. It has a permanent list to starboard." -
Google's Parent Company Alphabet Is Buying Chelsea Market For $2 Billion (qz.com)
Alphabet is close to acquiring the iconic Chelsea Market in Midtown Manhattan for over $2 billion. The market totals 1.2 million square feet and sits across the street from the company's New York headquarters, a 2.9 million-square-foot building that it bought for $1.8 billion in 2010. Quartz reports: Google is already the Market's largest tenant, having steadily expanded its footprint to about 400,000 square feet. The tech giant hasn't revealed plans for the property, but according to The Real Deal, the company is expected to maintain the status quo. Alphabet's aggressive expansion in New York follows a growing trend of tech giants taking over cities. With their outsized share of the economy, tech companies are exerting increasing influence over urban infrastructure and development.
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Detroit Quietly Bans Airbnb (curbed.com)
A new zoning ordinance that quietly went into effect this week has residents trying to figure out what comes next for Airbnb's presence in Detroit. Many hosts have received notices that the city has outlawed Airbnb for R1 and R2 zoning. Curbed Detroit reports: The new zoning ordinance apparently went through the Planning Commission and City Council in 2017, and went into effect this week. The text added to the amendment states: "Use of a dwelling to accommodate paid overnight guests is prohibited as a home occupation; notwithstanding this regulation, public accommodations, including bed and breakfast inns outside the R1 and R2 Districts, are permitted as provided in Sec. 61-12-46 of this Code." The vast majority of Airbnb units in Detroit are in R1 and R2 districts. These do not include places like lofts, apartments, or larger developments. Airbnb has issued a statement saying: "We're very disappointed by this turn of events. Airbnb has served as an economic engine for middle class Detroiters, many of whom rely on the supplemental income to stay in their homes. We hope that the city listens to our host community and permits home sharing in these residential zones."
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Google Executives Are Floating a Plan To Fight Fake News on Facebook and Twitter (qz.com)
Fake news, bots, and propaganda were hot topics at the World Economic Forum meeting in Davos last month, and Google executives there floated an intriguing idea to some fellow attendees -- what if the company could tell users whether information is trustworthy before they shared it on social networks like Facebook and Twitter? From a report: Representatives from Google and its parent company Alphabet eagerly discussed how the company can play a greater role in reducing misleading information online, several Davos attendees involved in and briefed on these conversations told Quartz. A notification system, perhaps via an optional extension for Google's Chrome browser, was an idea that these people said was broached more than once. Such a browser-based system controlled by Google could alert users on Facebook's or Twitter's websites when they're seeing or sharing a link deemed to be false or untrustworthy. Right now, this appears to be merely an idea company executives are discussing, not a product in development.
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Foxconn Unit To Cut Over 10,000 Jobs As Robotics Take Over (nikkei.com)
According to Nikkei Asian Review, "Foxconn's panel arm Innolux is planning to slash more than 10,000 jobs this year as part of the company's aggressive efforts to increase the use of automation in manufacturing." Honorary Chairman Tuan Hsing-Chien said in a press conference on Tuesday: "We will reduce our total workforce to less than 50,000 people by the end of this year, from some 60,000 staff at the end of 2017." From the report: Innolux is a liquid crystal display-making affiliate of major iPhone assembler Hon Hai Precision Industry, better known as Foxconn Technology Group. Tuan is also a technology adviser to Foxconn, Sharp and Innolux. Tuan said up to 75% of production will be fully automated by the end of 2018. Most of Innolux's factories are in Taiwan. Tuan's pledge came a few days after Foxconn Chairman Terry Gou said the company would pour in some $342 million to overhaul its manufacturing process by using artificial intelligence.
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Facebook is Talking About Expanding Its TV-like Service, Watch, Into a Rival To YouTube (cnbc.com)
Facebook is talking about expanding its TV-like service, Watch, into a rival to Google's YouTube by opening the platform to more individual creators, CNBC reports citing people familiar with the plans. From the report: This would increase the amount of long-form video content that Facebook can sell ads against, and could reverse a decline in the time users are spending on the site. Facebook wants to allow more people to create their own shows on Watch, according to three media agencies who asked they remain anonymous because the conversations are private. Instead of buying rights to these shows, however, Facebook wants to create a system where creators can upload their shows for free, then earn a cut of the revenue from ads placed on that content -- similar to how YouTube pays its online creators. Another source with knowledge of the situation said Facebook's ultimate goal is to create a sustainable ad-supported video platform, where it won't have to pay for the majority of content.
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New York's $6 Billion Plan For Offshore Wind Shows That Oil Drilling Really Is On the Way Out (businessinsider.com)
An anonymous reader quotes a report from Business Insider: Governor Andrew Cuomo unveiled a plan earlier this month to develop $6 billion of offshore wind projects off the southern coast of Long Island by 2028 and predicted that the industry would bring 5,000 jobs to the state. The plan calls for developing 2.4 gigawatts -- enough to power 1.2 million homes -- by 2030. It's all part of New York's Clean Energy Standard, which requires 50% of the state's electricity come from renewable sources like solar and wind. The move comes as President Donald Trump earlier this month announced a five-year plan to open up areas of the East Coast to offshore drilling.
"While the federal government continues to turn its back on protecting natural resources and plots to open up our coastline to drilling, New York is doubling down on our commitment to renewable energy and the industries of tomorrow," Cuomo said in a statement. Cuomo has asked Secretary of the Interior Ryan Zinke for an exemption from the drilling plan, saying in an open letter that the plan "undermines New York's efforts to combat climate change by shifting from greenhouse gas emitting fossil energy sources to renewable sources, such as offshore wind." The report identifies a 1 million acre site approximately 20 miles south of Long Island that would best support the wind turbines, and "ensure that, for the vast majority of the time, turbines would have no discernible or visible impact from the casual viewer on the shore." The report also notes that New Jersey announced a similar plan last Wednesday to develop 3.5 gigawatts of offshore wind capacity off its coast.