By
Rob ScottJune 19, 2018
As part of its efforts to expand in Asia and compete with Amazon, Google is investing $550 million in Chinese e-commerce platform JD.com. The partnership will include the Google Shopping advertising platform promoting JD.com products, which should help the Beijing-based Jingdong (formerly 360buy) reach beyond China and Southeast Asia markets to the U.S. and Europe. Google has been ramping up investments across Asia. The company recently invested in Indonesian ride-hailing company Go-Jek, and is reportedly considering an investment in Indian e-commerce upstart Flipkart. Continue reading Google Plans to Invest $550 Million in China Retailer JD.com
By
Debra KaufmanJune 18, 2018
Facebook will spend between $1 billion and $2 billion on original content in the next year, say analysts, with the goal of transforming Watch, its interactive video channel into a “TV-like habit” that brings in advertising dollars. Tarnished by the fake news it disseminated, Facebook has funded ABC News, CNN, Fox News channel and Univision to create news programs that will go live this summer. The shows will feature personalities such as Fox News’ Shepard Smith and CNN’s Anderson Cooper. Continue reading Facebook to Spend $1B–$2B on Original Content This Year
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Debra KaufmanJune 18, 2018
Senators Jeff Flake and Chris Coons asked Amazon chief executive Jeff Bezos to explain how the Echo smart speaker listens to and stores users’ voices — and what his company does to protect users’ data. Their concern is sparked by such incidents as an Echo device that mistook background conversation for voice commands of a Portland, Oregon woman, and then sent the private conversation to one of her contacts. Flake and Coons are, respectively, chair and ranking member of the Judiciary Subcommittee on Privacy, Technology and the Law. Continue reading Senators Query Amazon on Echo, Data Privacy Parameters
By
Debra KaufmanJune 18, 2018
Some startups are trying to create another form of AI than deep learning, to minimize the amount of training, data and server power needed. Samsung Next, the South Korean company’s venture capital unit, just launched the Q Fund to jumpstart this idea by funding companies focusing on new ways of developing artificial intelligence. One of Q Fund’s first investments is Vicarious, a startup that wants to give machines “imagination” and is inspired by biology to make machines learn more quickly. Continue reading Samsung Fund to Boost Startups with New Approaches to AI
By
Rob ScottJune 18, 2018
Taiwanese electronics manufacturer Foxconn Technology Group announced that it has acquired a seven-story building in downtown Milwaukee that will serve as the company’s North American corporate headquarters. The new facility will employ 500 people and also house an innovation center that will focus on display technology. Foxconn, which purchased the downtown building from Northwestern Mutual, is additionally planning a major manufacturing complex about 30 miles south of Milwaukee in Racine County, expected to open in 2020. Continue reading Foxconn Selects Wisconsin for North American Headquarters
By
Debra KaufmanJune 15, 2018
Within, a Los Angeles-based cinematic virtual reality startup, just unveiled a website that allows users to have a VR experience on any device, from a desktop PC or mobile phone to a dedicated VR headset. The company relies on WebVR technology that avoids the need to download additional software to be able to play VR experiences in supported browsers. Users without a VR headset can navigate the content via the web browser, and those with VR headsets use hand controllers and tracking tools. Continue reading Within Debuts WebVR-Enabled Site for Broad VR Distribution
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Debra KaufmanJune 15, 2018
Twitter has added a new screen to highlight live events and a curated list of tweets about them to appear on the top of users’ timelines. The new format, which includes live video, will place relevant events on the timeline, with photos and text to encourage users to “tap and explore.” To engage users, Twitter may send personalized push notifications for events near them. Twitter is also redesigning its Explore tab, and has created new sections including a personalized For You tab, as well as News and Sports. Continue reading Twitter Pushes Live Events via New Screen, Curated Tweets
By
Debra KaufmanJune 15, 2018
Research by the Reuters Institute for the Study of Journalism reveals that younger people have changed their social media habits on consuming news. For Reuters, YouGov surveyed 74,000 people in 37 markets about their social media habits, and found that, among younger people, use of Facebook for news is down 9 percent from last year. Instead, this group is more likely to use Facebook’s WhatsApp to discuss current events in a more private forum. The survey took place before Facebook changed its News Feed filters in January. Continue reading Research Reveals Fewer People Rely on Facebook for News
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Rob ScottJune 15, 2018
After working on foldable displays for years, multiple reports suggest that Samsung may be ready to introduce its first flexible smartphone in 2019 (possibly in time for Mobile World Congress in February). Dubbed the Galaxy X, the phone could cost as much as $1,850, according to Kim Jang-yeol of Golden Bridge Investment. Components needed to produce the new phones have reportedly already been ordered by the South Korean company, and in its end-of-2017 financial report Samsung addressed plans to “differentiate its smartphones by adopting cutting edge technologies, such as foldable OLED displays.” Continue reading Samsung Could Launch Foldable Galaxy X Phone Next Year
By
Debra KaufmanJune 14, 2018
Spotify is offering some managers and indie music acts a new arrangement: Management firms can receive “several hundred thousand dollars” as an advance fee for licensing “a certain number of tracks” of their indie artists directly to Spotify. In addition, in some cases, the managers and acts will earn 50 percent of the revenue of those songs per stream. In comparison, major-label artists and their management teams usually get 20 percent to 50 percent of the label’s share and don’t own their master recordings. Continue reading Spotify Offers Direct Licensing Deals to Managers, Indie Acts
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Debra KaufmanJune 14, 2018
Facebook is introducing a new feature that will allow users to leave feedback after buying products from advertisers on its site, with the goal of cracking down on businesses that sell shoddy goods or don’t deliver them promptly. In addition to this new tool, Facebook is also warning e-commerce companies that get large numbers of complaints, to allow them to improve. If the companies do not clean up their act, says Facebook, it will constrain the number of ads they deliver and could ban them. Continue reading Facebook Monitors Advertisers via Customer Feedback Tool
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Debra KaufmanJune 14, 2018
For years, developers for Apple’s App Store have been able to ask users for access to their phone contacts and then share or sell the data of everyone listed in those digital address books, without their consent. That practice has recently been getting a lot of negative attention, and now Apple plans to ban developers from using that information. The updated Guidelines nixes the creation of databases of address book information collected from iPhone users as well as selling or sharing it with third parties. Continue reading Apple Bans Developers From Sharing Data Without Consent
By
Rob ScottJune 14, 2018
Since Apple’s publicized showdown with the FBI following the San Bernardino shooting in 2015, after the company refused to unlock a suspected killer’s iPhone, law enforcement agencies have been turning to third parties in order to access information from iPhones. Now Apple has indicated an upcoming software update, designed to enhance security, will block access to an iPhone’s Lightning port one hour after it is locked. Some authorities believe the update also impacts their ability to access phone data in criminal investigations, which could reignite the privacy debate that followed San Bernardino. Continue reading Apple Closing Loophole That Lets Authorities Hack iPhones
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Debra KaufmanJune 13, 2018
Four months ago, Jennifer Salke, previously NBC president of entertainment, replaced Amazon Studios chief Roy Price, who was ousted after a sexual harassment scandal. Now, she’s moving forward to clarify the studio’s message on the kinds of content it wants, as well as get more productions into the pipeline. Salke is making a strong play for Hollywood creatives to work with the studio, noting that, “there is a lot of talent out there looking for a home … [and] we have the resources.” Continue reading New Amazon Studios Head Is Charting an Ambitious Course
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Debra KaufmanJune 13, 2018
After two months, Facebook responded to the more than 2,000 questions that Congressional committees asked chief executive Mark Zuckerberg. In the resulting 450-page document, Facebook rebutted government claims that it is a monopoly and didn’t answer if an app can spy on its rivals. Instead, Facebook emphasized that it has learned its lesson and is giving its users more control over their data. It also revealed more details about the info it collected, such as battery levels of users’ devices and computer mouse movements. Continue reading Facebook Rejects U.S. Congress Claim That It Is a Monopoly