As Sales Shift to E-Commerce, Bose Shutters Retail Stores

Bose, which opened its first retail store in 1993, will close its remaining 119 retail stores in Australia, Europe, Japan and North America. The company didn’t reveal how many jobs will be lost due to the closures, but it is believed to be in the hundreds. Bose stated that the move is due to “the dramatic shift to online shopping in specific markets,” and that “approximately 130 stores located in Greater China and the United Arab Emirates; and additional stores in India, Southeast Asia, and South Korea” will remain open. Continue reading As Sales Shift to E-Commerce, Bose Shutters Retail Stores

IBM Expands Partnerships to Advance Quantum Computing

During CES 2020 in Las Vegas this month, IBM announced its continued efforts to develop practical applications using quantum computing. The company emphasized the expansion of IBM Q Network, which now includes more than 100 organizations across industries such as air travel, automotive, banking, electronics, energy, health and insurance. IBM announced new collaborations with Anthem, Delta Air Lines, Georgia Tech, Goldman Sachs, Los Alamos National Laboratory, Stanford University, Wells Fargo and Woodside Energy, in addition to a number of government research labs and startups. Continue reading IBM Expands Partnerships to Advance Quantum Computing

Bipartisan Law Regulating Facial Recognition Being Planned

The U.S. House Committee on Oversight and Reform held its third hearing in less than a year on facial recognition, planning to introduce legislation to regulate its use by the federal government, law enforcement and the private sector. Committee chair Carolyn Maloney (D-New York) stated the draft legislation will appear in the “very near future” and noted the need to “explore” the privacy protections already in place. Facial recognition is already in use with smartphones, job interviews and in airports. Continue reading Bipartisan Law Regulating Facial Recognition Being Planned

CES 2020: TiVo Joins Streaming Wars With HDMI Dongle

At CES this week, TiVo announced a new device described by CEO Dave Shull as a “tiny little HDMI puck” that will bring the company “full on into the streaming wars.” The $50 TiVo Stream 4K, hitting shelves in April as a competitor to Roku and Amazon devices, is designed to expand the company’s current user base by offering streaming and live television for today’s cord cutters and cord shavers. While TiVo plans to continue offering its signature cable-ready DVRs, the new 4K dongle could be a glimpse into the company’s future. In December, TiVo announced its $3 billion merger with licensing firm Xperi. “This transformation for TiVo enabled the merger,” said Shull. Continue reading CES 2020: TiVo Joins Streaming Wars With HDMI Dongle

Federal Agency Reveals Bias in Facial Recognition Systems

The National Institute of Standards and Technology reported that most commercially available facial recognition systems — often used by police departments and federal agencies — are biased. The highest error rate involved Native American faces, but African-American and Asian faces were incorrectly identified 10 to 100 times more than Caucasian faces. The systems also had more difficulty identifying female faces and falsely identified older people up to 10 times more than middle-aged adults. Continue reading Federal Agency Reveals Bias in Facial Recognition Systems

YouTube, Facebook Step Back From Their SVOD Strategies

Although YouTube made a splash announcing its plans to produce scripted entertainment, the platform is pulling back from that ambition, which it once saw as the tip-of-the-spear for its $12-per-month ad-free YouTube Premium. The arena of Subscription VOD has become more crowded than ever, as Apple, Disney, WarnerMedia’s HBO Max and, next year, NBCUniversal’s Peacock join stalwarts Netflix, Amazon, Hulu and HBO. YouTube chief business officer Robert Kyncl calls the sector “as crowded as L.A. traffic.” Continue reading YouTube, Facebook Step Back From Their SVOD Strategies

The Dark Side of Big Tech’s Accumulation of Power, Wealth

Alphabet, Amazon, Apple, Facebook and Microsoft are valued together at $4+ trillion, with the six surviving founders of four of these companies worth $450 billion, noted Forbes, adding that these valuations have quintupled since 2009. The technology coming out of these companies has also been powerful, from smartphones to ride-sharing. Currently, tech accounts for seven of the top 10 worldwide companies by market cap. This wealth accumulation hasn’t been seen since Standard Oil at the turn of the 20th Century. Continue reading The Dark Side of Big Tech’s Accumulation of Power, Wealth

Big Tech Companies Collaborate on Smart Home Standard

The ordinary home is increasingly connected to the Internet, via cameras, doggy doors, lights, locks, sensors, switches and thermostats. But lack of an industry-wide connectivity standard can make these devices frustrating to use and manage. For that reason, Google joined with Amazon, Apple and other big tech companies to create Connected Home over IP. The independent working group, managed by Zigbee Alliance, aims to create a new, open smart home connectivity standard based on Internet Protocol (IP). Continue reading Big Tech Companies Collaborate on Smart Home Standard

Cisco Wins Injunction Against Four Chinese Counterfeiters

Cisco Systems won a temporary injunction against four Chinese companies the company accused of counterfeiting its transceivers. Filed in federal court in the Eastern District of New York, the suit said the fake gear threatened U.S. national security and health systems because they were not secure and would fail more often. The transceivers are used in networks to pass data through corporate data centers, hospitals and military bases. The injunction will force Amazon and Alibaba Group Holding to cease sales of the phony equipment. Continue reading Cisco Wins Injunction Against Four Chinese Counterfeiters

Amazon and Facebook to Lease More Space in Manhattan

Less than a year after Amazon pulled out of a deal to build its second headquarters (HQ2) in Manhattan, it inked a lease for 335,000 square feet in the neighborhood to house more than 1,500 employees. Facebook is also reportedly in talks to lease 700,000 square feet in a nearby neighborhood. If that plan goes through, the social media platform, which has other real estate holdings in the city, would become one of its largest corporate tenants, which include JPMorgan Chase and Bank of America. Continue reading Amazon and Facebook to Lease More Space in Manhattan

Amazon Licenses Original Interactive Audio Series for Alexa

Amazon has inked an exclusive license for “Tala’s World,” a seven-episode young adult adventure series produced by audio startup Xandra, which has produced Alexa skills for HBO, Sesame Workshop and Ubisoft. In the new adventure series, listeners help elf-like character Blobby find his missing best friend Tala by making decisions, collecting clues, and interrogating suspects. Available exclusively on Alexa, Amazon recently released the first episode and plans to release the second episode on December 13. Continue reading Amazon Licenses Original Interactive Audio Series for Alexa

Amazon Web Services Unveils AI Tools for Enterprise Clients

Amazon introduced Contact Lens for Amazon Connect and Amazon Kendra, two AI-enabled tools to help enterprise customers gain more information from data found in multiple sources. Both services, available for preview now on Amazon Web Services, assist cloud customers in incorporating natural language processing in a timely fashion. According to Amazon, Contact Lens for Amazon Connect and Amazon Kendra’s functionality are based on the integration of machine learning. Both services are plug-and-play. Continue reading Amazon Web Services Unveils AI Tools for Enterprise Clients

AWS Previews Quantum Computing For Enterprise Clients

Amazon Web Services is previewing a quantum computing service to a select group of enterprise customers. The service, Amazon Braket, will allow enterprise customers to develop and test quantum algorithms in simulations to determine if and how quantum computing could be beneficial. “Braket” refers to a standard notation that describes quantum states. Its early stage quantum computer hardware includes solutions from D-Wave Systems, IonQ and Rigetti Computing. Amazon anticipates a wide rollout of the service in 2020. Continue reading AWS Previews Quantum Computing For Enterprise Clients

Black Friday Experiences New E-Commerce Sales Records

Online sales boomed this Thanksgiving holiday weekend, with record-breaking $4.2 billion in purchases on Turkey Day, followed by $7.4 billion spent on Black Friday. Although this was a new high — up $1.2 billion from last year’s Black Friday — it didn’t meet Adobe Analytics’ prediction of $7.5 billion. Salesforce reported $7.2 billion in sales, even lower than Adobe’s numbers. Of those numbers, $2.9 billion in sales were conducted on smartphones that day. Top-selling electronics included Apple laptops, AirPods and Samsung TVs. Continue reading Black Friday Experiences New E-Commerce Sales Records

Amazon Is Developing Faster Arm-Based Data Center Chip

Amazon debuted a second-generation processor chip for its Web Services data center that relies on technology from Arm Holdings, owned by SoftBank Group, according to sources. The new chip is expected to be 20 percent faster than the first generation Arm-based chip, dubbed Graviton, which was released in 2018 as a less expensive option for lighter computing jobs. If this second-gen chip proves as powerful as sources claim, AWS could rely less on Intel and Advanced Micro Devices for their server chips. Continue reading Amazon Is Developing Faster Arm-Based Data Center Chip

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