Google’s self-driving car unit Waymo has signed an agreement with ride-hailing startup Lyft to collaborate on autonomous vehicle tech including development and pilot projects. “The deal between Waymo and Lyft has competitive implications for Uber, the world’s biggest ride-hailing company, which has recently had to confront a spate of workplace and legal problems,” reports The New York Times. “Waymo is also competing fiercely with Uber in the creation of technology for autonomous cars and is embroiled in a lawsuit over what it says is Uber’s use of stolen Waymo trade secrets to develop such technology.” Continue reading Waymo and Lyft Partner to Develop Self-Driving Vehicle Tech

The European Union’s executive body may establish new rules to give a fairer shake to small businesses using popular Web platforms. Currently, the EU deems that platforms such as Google, Amazon and TripAdvisor set unfair terms for the small businesses that sell or promote products there. These businesses have been complaining to the EU about unilateral contract changes, no access to sales and customer data, below-par transparency regarding their rankings in search results, and no means to resolve disputes. Continue reading EU Considers Implementing New Rules for Big Web Platforms

Intel is paying $15.3 billion for Mobileye, an Israeli tech supplier that makes sensors and cameras for driverless vehicles. “You can think of the car as a server on wheels,” said Intel chief Brian Krzanich. “The average autonomous car will throw out four terabytes of data a day, so this is one of the most important markets and one of the fastest-growing markets.” The market sector is currently dominated by companies such as Google and Uber that have developed test vehicles, initiated trials in various cities, and signed partnerships with major automakers such as Chrysler and Volvo. Consulting firm Bain & Company forecasts the autonomous vehicle sector will be worth $25 billion annually by 2025. Continue reading Intel Acquires Mobileye in Effort to Develop ‘Server on Wheels’

Google aims to take on Uber and Lyft more directly with the expansion of its carpool service on the Waze navigation app. Instead of riders hailing cars, the Waze service relies on drivers to pick up people heading in the same direction. The price is much lower than Uber because riders pay up to 54 cents a mile, the IRS’ reimbursement rate for business travel. Google plans to bring the Waze car-sharing service to several cities in the U.S. and Latin America over the next several months. Continue reading Google Plans Expanded Launch of Waze Car-Sharing Service

The Ford Motor Company is extending its foray into self-driving car technology with a $1 billion investment in Argo AI, an artificial intelligence startup. The newly formed startup, led by former Google and Uber self-driving experts, will initially develop the technology for Ford before licensing it to other companies. The move is part of Ford’s strategy to rebrand itself as more than a car manufacturer. The billion-dollar investment will roll out over the next five years. Argo AI will become a subsidiary of Ford that operates out of Pittsburgh, one of the main hubs of autonomous driving research. Continue reading Ford Pursues Self-Driving Tech, Invests $1 Billion in AI Startup

A viral campaign over the weekend to #DeleteUber took place in response to Uber’s actions or perceived actions surrounding President Trump’s immigration ban. Although Uber vowed to compensate drivers stranded overseas and set up a $3 million legal fund for those drivers, users weren’t appeased and the Internet was abuzz with thousands of photos of people deleting the Uber app from their phones. As a result, on January 29 Lyft had more downloads than Uber on iOS for the first time ever, according to App Annie. Continue reading Social Campaign to Delete the Uber App Works in Lyft’s Favor

Glance Clock offers a visual solution for dealing with daily information overload. The stylish modern clock is linked by Bluetooth for proximity response or Wi-Fi for building wide connections to mobile phones. The device highlights select information as it updates on a smartphone or digital assistant. Calendars break down the day in colorful graphics on the clock face. Users can highlight notifications about to-do items and important events, anniversaries and more. Weather forecasts are announced by colorful animations and related details. As a direct indication of wider scale ambient reach, it also can display responses from Alexa or announce an Uber arrival with visuals and sounds. Continue reading CES: Glance Clock Provides New Uses for a Familiar Object

CES always opens with CTA chief economist Dr. Shawn DuBravac’s revelation of the consumer electronics market numbers for the past year, and predictions for the coming year. This year — CES’s 50th anniversary — was no exception. DuBravac identified five trends to watch in the coming year: the new voice of computing; artificial intelligence’s infusion in our lives and businesses; connections and computations; transportation transformation; and digitizing the consumer experience. Continue reading CTA Chief Economist Identifies Tech Trends to Watch in 2017

Alphabet just spun off its research lab X’s autonomous vehicle project into a separate company named Waymo, to be led by chief executive John Krafcik. The move means the company believes its driverless car technology is nearing readiness for commercialization, due to advancements in sensor technology and breakthroughs in machine learning. Although Alphabet was an early leader in this field, the company has struggled to build a business around the technology, as Tesla, Uber and GM have moved forward. Alphabet is working with Fiat Chrysler on a ride-sharing service to launch next year. Continue reading Alphabet’s Waymo Driverless Vehicle Unit Partners With Fiat

Artificial Intelligence is finally here. After nearly 50 years in the doldrums of research, the science of designing “thinking machines” has jumped from academic literature to the lab, and even from the lab to the store. This is largely because its precursor, machine learning, has been enjoying a dramatic revival, thanks in part to the commoditization of sensors and large-scale compute architectures, the explosion of available data (necessary to train advanced machine learning architectures such as recurrent neural networks), and the always burning necessity for tech companies to find something new. We expect AI to have a significant presence at next month’s CES in Las Vegas. Continue reading CES: From Learning to Thinking Machines – the AI Explosion

To further its efforts in autonomous cars, Uber acquired AI startup Geometric Intelligence and appointed its leads, Gary Marcus and Zoubin Ghahramani as co-directors of its new in-house AI research division. In addition to Marcus and Ghahramani, that company’s entire 15-person staff will also become part of Uber. Since Uber inked that deal, its value now approaches $70 billion. The new team’s first task is to tackle the data from millions of Uber rides, to further development of the computers that run self-driving vehicles. Continue reading Uber Purchases AI Startup for Autonomous Vehicle Research

Snapchat parent company Snap Inc. has confidentially filed for its IPO, according to sources familiar with the matter. The four-year old messaging app could go public as early as March 2017, in what is expected to be one of the highest-profile stock debuts in years, and one that could potentially convince other tech startups to test public markets. The Venice, California-based company is looking to raise as much as $4 billion, with a valuation in the $25 billion range, which could make it the largest U.S.-listed tech offering since Chinese e-commerce giant Alibaba went public in 2014. Continue reading High Profile Snap IPO Could Push Other Startups to Go Public

In its Q3 results, Alphabet revealed that, of its Other Bets initiatives, two Google projects — the cloud and artificial intelligence — have proven to be the most successful; both are on track to expand in the next year. Amazon is still the leader in cloud services, with a 55 percent gain representing $3.2 billion, and Microsoft is another major technology company rivaling Google. But Alphabet has made it clear that it is doubling down on both cloud and AI, even as it retreats from Google Fiber Internet and Nest connected-home tech. Continue reading Cloud and Artificial Intelligence Become Alphabet’s Best Bets

Japan’s SoftBank Group, led by chief exec Masayoshi Son, is partnering with a Saudi sovereign-wealth fund to establish a multibillion-dollar tech investment fund. SoftBank is an ambitious tech investor, as evidenced by its recent deals with China’s Alibaba Group, mobile carrier Sprint and chip designer ARM Holdings. Today, the company “plans to invest at least $25 billion over the next five years through a fund dubbed the SoftBank Vision Fund,” reports The Wall Street Journal. “Saudi Arabia’s Public Investment Fund may contribute an additional $45 billion over the next five years as the fund’s lead partner.” SoftBank is in talks with additional global investors, who could “push the new fund up to $100 billion to become the world’s ‘biggest investor’ in technology over the next decade.” Continue reading SoftBank Signals Major Ambitions with $100 Billion Tech Fund

The California Department of Motor Vehicles issued permits to French auto company Valeo North America and the privately held Wheego Electric Cars to test a single autonomous vehicle with up to four operators on public roads. Another company receiving a permit was Cruise Automation, which was then acquired by General Motors for $1 billion. So far, Alphabet’s Google has driven 2 million miles in autonomous vehicles on public roads. Permits are a marker of which companies are moving forward in the new field. Continue reading Valeo, Wheego to Test Autonomous Cars on California Roads