Chinese telecommunications firm Huawei Technologies continues to bounce back after taking an initial hit from U.S. sanctions resulting from the company being declared a national security threat in 2019. Year-over-year, net profit surged 564 percent to $2.7 billion in Q1, with revenue up 37 percent to $24.65 billion. It was the company’s fourth consecutive quarterly profit gain. Although Huawei doesn’t breakout performance for individual sectors, analysts estimate the company’s smartphone sales rose 70 percent, leading to further speculation the global firm is taking market share from rivals, particularly Apple in China. Continue reading Huawei Continues Financial Rebound Despite U.S. Sanctions

Meta Platforms has unveiled a new generative artificial intelligence language system called LLaMA, which doesn’t chat, but is designed as a research tool the company hopes will help “democratizing access in this important, fast-changing field.” The LLaMA (Large Language Model Meta AI) ranges in size from 7B to 65B parameters. Touted as a “smaller, more performant model,” LLaMA enables those members of the research community that do not “have access to large amounts of infrastructure to study these models,” Meta explains. Training smaller foundation models requires less computing power and resources for testing and validation. Continue reading Meta Says Its LLaMA AI for Researchers Does More with Less

Actor and director LeVar Burton, the multi-award-winning host of PBS’ “Reading Rainbow,” has more recently made a prominent name for himself as a podcaster, with 25 million downloads of his “LeVar Burton Reads,” which features storytelling. During a CES panel on “SXM Media: The Evolution of the Podcast Industry,” moderated by SiriusXM vice president and global head of revenue partnerships Kelli Hurley, Burton and two other panelists described the factors that have made podcasting such a dynamic industry sector, for creators and audiences. For Burton, having creative control was key. Continue reading CES: Podcasting Industry Evolves as Listenership Skyrockets

Mobile Electronics Association president Chris Cook quizzed CES panelists on innovations in the smart car space. Accenture digital strategist Monika Minarcin noted that AI doesn’t just power autonomous driving but also voice recognition, digital assistants and precision marketing. At Humanising Autonomy, chief executive Maya Pindeus is using behavioral AI to build a global standard for interaction between people and machines. DarkStar Vision chief executive Joe Scalisi is working on a passive color night vision solution that he believes can “enhance the automotive sector” with rear view mirrors and motorcycle helmets. Continue reading CES: Digital Disruptors Focus on the Connected Car Industry

The decision by automakers such as General Motors in 2016, Fiat Chrysler and the conceptualist Faraday Future this year to debut new cars at CES instead of the traditional Detroit Auto Show the following week is about more than making headlines. Rather, it is indicative of how much the future of transportation is connected to so many other moving parts and innovations across the massive consumer electronics landscape. Driverless cars won’t widen eyes this year as much as it will be what we can do in and with this massive shift. Continue reading CES: Future of Transportation Drives Innovation, Investments

Cisco’s latest Visual Networking Index forecasts an increase in annual Internet traffic of more than 20 percent by 2018, at which point global network traffic will exceed that of all previous Internet years combined. More users and devices, faster broadband speeds and an increase in video viewing is expected to expand global Internet Protocol traffic nearly three-fold over the next five years. Also, the Internet of Everything, M2M technologies and Ultra HD adoption will be key growth drivers. Continue reading Annual Internet Traffic to Grow More Than 20 Percent by 2018

While automobile manufacturers are increasingly integrating new infotainment and connected technologies to vehicles, younger buyers remain more concerned with economics than the latest tech advancements. The majority of this target market often cannot afford to spend extra money for new features. The most important factors in choosing a car for young buyers tends to be fuel economy and price. Many young buyers are purchasing used cars, rather than new models with updated technology. Continue reading Young Car Buyers Are Influenced More by Price Than New Tech