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Facebook Strategizes Ways to Draft Off Instagram’s Growth

Instagram is threatening to overshadow its parent company Facebook. The platform now has 1 billion users, more than Facebook had when it bought Instagram for $715 million, and, according to Bloomberg Intelligence, is worth more than $100 billion. Most critically, Instagram appeals to a younger demographic, which Facebook needs to keep growing. Other Facebook users are also gravitating to Instagram’s more lighthearted photo and video app, in the wake of Facebook’s involvement in privacy and political scandals. Read more

IBM and MIT Media Lab Test AI Recommendation Algorithm

Tech companies rely on artificial intelligence algorithms to recommend content, thus keeping users on their apps and platforms. While the benefit of that is obvious for the companies using AI, how the consumer might reap rewards is less clear. Some of those same companies are now asking themselves if they can both use AI to keep the consumer’s attention while also adhering to an ethical framework. IBM Research and MIT Media Lab have developed a recommendation technique that its research scientists say does just that. Read more

Microsoft Calls On Congress to Regulate Facial Recognition

Microsoft is calling for regulation of facial recognition technology, with president Bradford Smith writing a blog post detailing its potential misuse, and comparing it to medicine and cars, both of which are highly regulated. He urged Congress to act, saying that, “government needs to play an important role in regulating facial recognition technology,” and that, “a world with vigorous regulation of products that are useful but potentially troubling is better than a world devoid of legal standards.” Read more

Intel to Purchase eASIC to Expand Programmable Solutions

Intel is acquiring eASIC, a 120-person custom chip company in Silicon Valley, to help boost its Programmable Solutions Group. The company stated that, “FPGAs [field programmable gate arrays] are experiencing expanding adoption due to their versatility and real-time performance,” and that “eASIC has a proven, 19-year success record … [and its] addition … will help us meet customers’ diverse needs of time-to-market, features, performance, cost, power and product life cycles.” Terms of the deal were not revealed. Read more

Apple Targets Creatives With MacBook Pro Speed, Features

Apple’s latest 15-inch and 13-inch MacBook Pros feature improvements in processor speeds, RAM and internal storage, and allow the user to access Siri with voice commands. The new MacBook Pros also feature a much quieter keyboard. The 15-inch version, with a six-core processor, is estimated to be 70 percent faster than the previous model, and the amount of memory and storage is double the amount of the previous model. It also gave a seal of approval to Blackmagic’s eGPU peripheral, ideal for intensive graphics use. Read more

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