The Semiconductor Industry Association is lobbying for federal funding to the tune of $37 billion to subsidize a new chip factory among other efforts. The trade group’s lobbying effort is aimed at keeping the U.S. ahead of China and other countries that already benefit from government subsidies. Among the SIA’s other proposals are aid for states looking to draw in investments in the semiconductor industry and more funding in research. The coronavirus and growing tensions with China are motivating Congress to act. Continue reading Semiconductor Trade Group Seeks Major Federal Investment

With the presidential election and the Tokyo Summer Olympics, television networks expected robust advertising in 2020. But MoffettNathanson noted that, with the Olympics postponed and presidential campaigns muted due to the coronavirus pandemic, advertising revenue is expected to drop 12 percent; the WARC research group predicted that will pencil out to a $25.5 billion loss in spending. Although viewership has exploded during the shutdown, research firm Kantar said that companies have cut advertising budgets more than 40 percent. Continue reading TV Ad Budgets Dwindle, Productions Shut Down in Pandemic

House Majority Whip James Clyburn (D-South Carolina) and former House Energy and Commerce Committee chair Fred Upton (R-Michigan) introduced a bill to speed up distribution of the $16 billion the FCC earmarked to expand broadband infrastructure to rural areas. The FCC currently plans to disburse the money in an October auction, but rural areas today cannot access remote schooling or healthcare resources. Thirty-nine state attorneys general are also pressing Congress to increase broadband funding for these areas. Continue reading House Bill Aims to Speed Expansion of Gigabit Internet in U.S.

A KPMG report revealed that 67 percent of tech sector employees fear losing their jobs to automation and 70 percent worry their jobs will be eliminated due to the economic downturn. In other industries, only 44 percent of workers are concerned about losing their jobs to automation and 57 percent worry their jobs will disappear. Conducted in April, the survey queried 1,000 full-time/part-time workers, of whom 223 were in the tech sector. Twitter founder and CEO Jack Dorsey stated that, in the future, AI will write its own software. Continue reading Tech Sector Workers Fearful of Losing Jobs to AI Automation

The United States became the last of the Group of Seven countries to sign on to the G7 AI Pact, an initiative focused on responsible development of artificial intelligence. The Global Partnership on AI will, after study, create recommendations on AI technologies that “respect privacy and civil liberties.” At a G7 meeting of science and technology ministers, U.S. chief technology officer Michael Kratsios and President Trump’s science adviser Kelvin Droegemeier will describe the U.S.’s involvement in the program. Continue reading U.S. Joins Global Partnership on AI to Check China’s Power

Microsoft 365 corporate vice president Jeff Teper wants Microsoft Teams — the company’s fastest growing business app — to overtake Windows, currently on 1+ billion active devices. With the COVID-19 pandemic, Microsoft Teams is experiencing significant growth, with 75 million daily active users as of April 29, a 70 percent leap in six weeks. In April, 200+ million participants used Teams in a single day. Meanwhile, Microsoft is still promoting Skype, which in March passed 40 million daily active users (up 70 percent from the previous year), but for a different customer base. Continue reading Microsoft Planning for Teams to Become Ubiquitous Platform

To help creators make more money, Instagram debuted advertising on IGTV videos, digital badges that fans can buy via Instagram Live, and merchandise sales through Instagram Shopping. It also expanded its Brand Collabs Manager, which enables sponsored campaigns between companies and creators. Last week, Instagram expanded shopping features on Instagram Live as well. In China, meanwhile, e-commerce giant Alibaba Group plans to sign up 100,000+ creators this year to its AliExpress marketplace for shoppers outside of China. Continue reading Instagram, Alibaba Lure Creators with Revenue Opportunities

AT&T launched HBO Max this week, with a plan to spend $4.5+ billion on the streaming platform over the next few years. AT&T, which hopes to sign up 50 million HBO Max subscribers by 2025, bought Time Warner for $85.4 billion in 2018 with the idea of creating a significant streaming platform. HBO Max, which costs $15 per month, offers 10,000 hours of programming, including HBO series “Game of Thrones” and “Succession” as well as Warner Bros. hit TV shows such as “Friends” and “The Big Bang Theory.” Continue reading Streamer HBO Max Offers Wide Range of Movies, TV Shows

The House of Representatives, after closed-door negotiations, came to an agreement to bring an amendment to vote that would protect Americans from FBI and CIA surveillance of their web browsing history without a warrant. The amendment, introduced by Zoe Lofgren (D-California) and Warren Davidson (R-Ohio), would be a “significant reform to Section 215 [of the USA Patriot Act] that protects Americans’ civil liberties,” said Lofgren. However, after full details of the proposal were released, debate over who would specifically be protected led to the amendment’s downfall. Continue reading Government Surveillance Bill Is Sidelined by Privacy Question

Niantic, the developer of “Pokémon Go,” raised $470 million to evolve the mobile game into a full-featured augmented reality platform. The company, valued at $4 billion, will rely on “Pokémon Go” players to build its 3D data collection by sharing videos of real-world PokéStop and Gym locations. By crowdsourcing such assets, Niantic plans to build 3D maps with “a better understanding of the depth and the complexities of the real world.” The 3D data collection will debut in June to “Pokémon Go” players ranked above Level 40. Continue reading Niantic to Build 3D World Map via Data Collected From Users

Creative Artists Agency (CAA) signed Miquela, a 19-year old Brazilian-American model, pop singer and social influencer. Unlike CAA’s other clients, however, Miquela is a virtual character, created by California-based tech startup Brud in 2016. She first appeared on Instagram where, as “Lil Miquela” she garnered 2.2 million followers. She also has almost 550,000 TikTok followers. CAA plans to work with Miquela on “TV, film, and brand strategy and commercial endorsements, raising the prospect of a movie or show featuring the character.” Continue reading Creative Artists Agency Signs Its First Virtual Influencer Client

As online shopping skyrocketed during the COVID-19 shutdown, Amazon was overwhelmed with orders and its rivals saw an opportunity to grab market share. In the last quarter, Target’s online sales increased 141 percent, Etsy’s went up nearly 80 percent and Walmart’s rose 74 percent. Amazon, however, is regaining its footing by removing limitations of the products in its warehouses, offering promotions and, again, shipping more products in one-to-two days. It also plans to increase its Prime Air fleet to about 200 planes. Continue reading Amazon Takes Aim at Market Share Ceded Due to COVID-19

During the COVID-19 pandemic, drones have been put to good use. In Florida, for example, UPS Flight Forward is delivering medicine from a CVS pharmacy to a nearby retirement community. As former roboticist Daniel Wilson, author of “Robopocalypse” put it, “the machines we’re used to fearing are uniquely well suited to swoop in and save the day.” Although drones have successfully shed some of their dystopian image, privacy advocates and others are still wary of their use by police for broad surveillance. Continue reading Drones Take on Essential Roles During Coronavirus Pandemic

Apple, Facebook, Microsoft and Twitter were among the first U.S. companies to send their employees home as the coronavirus spread. Now, as they reopen their campuses, they are also allowing some of employees to continue to work from home. If that policy becomes widespread, it will be a major change from the college-like corporate campuses the companies built to encourage creativity and spontaneous interactions. Working from home will be its own perk and allow companies to broaden their search for workers. Continue reading Tech Firms Consider Remote Work Options After Coronavirus

People have been locked down due to the coronavirus for two months, but a mid-May survey from Performance Research, in partnership with Full Circle Research Co., revealed that many are still anxious about health and safety in larger public spaces. In fact, the survey indicates that, despite a strong desire to gather with others and resume normal activities, the level of anxiety for many has been building since an earlier survey taken in March. Such a trend could impact movie theaters, theme parks, sports venues, concert halls, stage performances and more.

Continue reading Study Reveals Growing COVID-19 Anxiety Over Public Spaces