Amazon Plans to Compete in Advertising, Narrows HQ2 Sites

For the last five years, Amazon’s average profit margins remained at 1 percent, and founder Jeff Bezos counseled patience. Amazon Web Services, its profitable cloud services business, drove shares up to $1,300, and now BMO Capital Markets raised its Amazon price target to $1,600 per share. That’s because Bezos’ end game is becoming clearer: a marketing platform that takes advantage of Amazon’s immense audience. Some analysts believe its shares could reach $2,000, making it the first company with a $1 trillion market value. Meanwhile, Amazon continues plans for its second headquarters. Continue reading Amazon Plans to Compete in Advertising, Narrows HQ2 Sites

Flaws in Intel Chips Could Present Security Risk for Computers

Intel confirmed a report indicating that its microprocessor chips contain two major security flaws, which makes the vast majority of world computers vulnerable to hacking. Intel is working with Advanced Micro Devices (AMD), ARM Holdings and other chipmakers and operating system providers to develop a comprehensive, industry-wide approach to combating the potential problems. The two major security flaws, dubbed Meltdown and Spectre, could let hackers access the entire memory contents of computers. Continue reading Flaws in Intel Chips Could Present Security Risk for Computers

Amazon Debuts Intel-Powered DeepLens Camera to Teach AI

On November 29 at the AWS re:Invent conference, Amazon Web Services introduced its AWS DeepLens, a video camera whose main purpose is to teach developers how to program AI functions. The camera comes loaded with different AI infrastructures and AWS infrastructure such as AWS Greengrass Core and a version of MXNet. Developers can also add their own frameworks like TensorFlow. The 4-megapixel camera can shoot 1080p HD video and offers a 2D microphone system for recording sound, in the form factor of an action camera on top of an external hard drive. Continue reading Amazon Debuts Intel-Powered DeepLens Camera to Teach AI

AWS Expands Cloud Efforts with New Machine-Learning Tools

To compete in the profitable cloud-computing arena, Amazon Web Services debuted 20 new machine-learning tools this week at the AWS re:Invent conference in Las Vegas. Tools include speech recognition and algorithms to automate decisions. The move helps Amazon compete better with Google and Microsoft, both of which are using their expertise in AI and machine learning to cut into its market share. Machine learning will also help potential developers that can’t create these capabilities on their own. Analysts estimate that Amazon dominates the cloud with a 44 percent market share. Continue reading AWS Expands Cloud Efforts with New Machine-Learning Tools

AWS Rolls Out Elemental Media Services for Video Providers

Amazon Web Services debuted AWS Elemental Media Services this week at the AWS re:Invent conference in Las Vegas. The suite includes five services, three based on existing AWS Elemental products and two new services. Announced by AWS chief marketing officer Keith Wymbs, the existing three products include live compression engine MediaLive, packaging technology MediaPackage and file-to-file transcoding engine MediaConvert. The two new services are MediaStore, for video delivery from storage optimized for media, and MediaTailor, a targeted ad insertion program. Continue reading AWS Rolls Out Elemental Media Services for Video Providers

AWS Debuts Amazon Sumerian to Build VR, AR and 3D Apps

Amazon Web Services announced a new service called Amazon Sumerian during the kick-off event for its AWS re:Invent conference in Las Vegas. The service was created for developers to quickly and easily build virtual reality, augmented reality and 3D applications with minimal coding for a range of platforms including browsers, head-mounted displays, mobile devices and digital signs. Initially, Sumerian-built apps will run on any browser that supports WebGL or WebVR rendering, which includes Google’s Daydream, HTC Vive, Oculus Rift and iOS devices. Continue reading AWS Debuts Amazon Sumerian to Build VR, AR and 3D Apps

Google, Microsoft Develop New Ways to Compete with AWS

Amazon currently is the dominant cloud computing service; according to Amazon Web Services chief executive officer Andy Jassy, the company has several times as much business as the industry’s next busiest 14 providers combined. In the No. 2 and No. 3 spots are, respectively, Microsoft and Google, and both of them attempt to leverage their strengths and exploit perceived weaknesses of AWS to boost their own market share. Both companies see some strengths in AWS — its self-service model, for example — as vulnerabilities. Continue reading Google, Microsoft Develop New Ways to Compete with AWS

Google Project Aims to Use AI to Develop More AI Algorithms

Google Senior Fellow Jeff Dean, who works on the Google Brain team, recently highlighted AutoML (for machine learning), a project aimed at using AI-empowered machines to build other AI machines, removing humans from the equation. The need for AI algorithms grows as its capabilities are becoming important to a wide range of industries. But only an estimated 10,000 people worldwide have the education, expertise and ability to construct those algorithms, and Facebook, Google and Microsoft pay millions of dollars for them. Continue reading Google Project Aims to Use AI to Develop More AI Algorithms

DigitalOcean Provides Cloud Services for Smaller Businesses

Cloud computing startup DigitalOcean, based in New York City, is taking on industry leaders Amazon Web Services, Microsoft Azure and Google Cloud by targeting smaller developers and startups. According to CEO and co-founder Ben Uretsky, DigitalOcean is offering simple and flexible solutions for smaller companies that may not necessarily need the same business-class services as larger companies. While it is not currently planning an IPO, DigitalOcean indicates it is on a $175 million annualized run rate (ARR) for this year. Continue reading DigitalOcean Provides Cloud Services for Smaller Businesses

AWS, Microsoft to Pay $350K Annually for CNCF Board Seats

Amazon Web Services (AWS) officially joined the Cloud Native Computing Foundation (CNCF) last week, two weeks after Microsoft did the same. According to Business Insider, “With Amazon’s membership, CNCF now has the support of all five of the top cloud service providers, which is good news for Kubernetes, a CNCF-managed container project.” Google created Kubernetes, a key tech in its own cloud platform, but offered it up as an open source project in 2014. With growing industry support, the tech could become the standard in container management software, to help facilitate writing apps for the cloud. Continue reading AWS, Microsoft to Pay $350K Annually for CNCF Board Seats

Discovery Moves TV and Business Systems Into AWS Cloud

By the end of 2017, Discovery Communications will have shifted the processing of all its U.S. TV programs and 80 percent of its business systems from its own data centers to the public cloud. Last week, the company distributed Discovery Life and Destination America, among the smallest of its 13 U.S. channels, via Amazon Web Services. By doing so, Discovery is moving away from its reliance on pricey satellite networks and enabling more flexible programming, says the company chief technology officer John Honeycutt. Continue reading Discovery Moves TV and Business Systems Into AWS Cloud

Advice on Keeping Smaller Businesses Safe From Cybercrime

The threat of ransomware and malware are growing. The “WannaCry” attack impacted at least 200,000 computers in 150 countries before peaking last week. Adylkuzz is another piece of malware currently threatening computers around the world. As computers become increasingly connected, so opportunities for cybercrime expand, say the experts. Part of the problem is that the Internet wasn’t designed with cybersecurity protections, and criminals are attracted to cybercrimes for the relatively easy profits they can make. Continue reading Advice on Keeping Smaller Businesses Safe From Cybercrime

Microsoft’s New Cloud Service With AI Tools Targets IoT Use

Microsoft’s Build 2017 conference in Seattle showcased Azure cloud services for the Internet of Things, using multiple sensors and small computing devices to track data analyzed by Microsoft’s combo of cloud and AI tools. The new Azure IoT Edge speeds up the process because computing can now take place on-site. The first use cases will be industrial applications. Among its 29 AI services, Microsoft also now has automatic language translation for PowerPoint and video indexing by sight or tag when a word or phrase is spoken. Continue reading Microsoft’s New Cloud Service With AI Tools Targets IoT Use

NAB 2017: Technicolor Unveils Research and Trials in VR, AR

At NAB in Las Vegas, Technicolor gathered group chief technology officer Cristina Gomila, group SVP/CTO home division Jon Walkenhorst and Technicolor Experience Center head Marcie Jastrow to talk about the company’s work in immersion, 360-degree video, virtual reality and other nascent technologies. Jastrow pointed out that these are early days for virtual reality. “The technology is still rough and delivering experiences to headsets isn’t easy,” she said. Yet Technicolor has been involved in 18 VR projects in the last year. Continue reading NAB 2017: Technicolor Unveils Research and Trials in VR, AR

Amazon: Prime, Other Subscription Services Earn $6.4 Billion

For the first time, Amazon is revealing earnings from its Prime membership program as well as other subscription services, in a 77-page document. Up until now, the company has been tight-lipped on such numbers, leaving investors to wonder how these important services are faring. The last time Amazon revealed numbers, in April 2015, it detailed the profitability of its Amazon Web Services, resulting in analysts and investors bumping the company’s value upwards. Since then, shares in Amazon have more than doubled. Continue reading Amazon: Prime, Other Subscription Services Earn $6.4 Billion

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