Google Develops New Security Solutions to Strengthen Cloud

Google is introducing new security solutions for Google Cloud, in addition to expanding availability of its Risk Protection Program. Google Cloud vice president and general manager Sunil Potti explained that the updates are part of a larger vision of “invisible security” within the cloud where silos will “eventually” disappear after all security tech is engineered into it. He added that, “rather than essentially build products that fix problems with other products … you have to hit the reset button and embrace something fundamental.” Continue reading Google Develops New Security Solutions to Strengthen Cloud

New Initiatives Signal Advancements in Quantum Computing

Two major steps forward for large-scale quantum computing just took place. Physicists from the MIT-Harvard Center for Ultracold Atoms (CUA) and elsewhere mastered the programmable quantum simulator, which can operate with 256 quantum bits (“qubits”). The company ColdQuanta also successfully created a 100-qubit quantum processor by cooling atoms down to “near absolute zero” and then controlling them with lasers. Their system, said experts, compares with other quantum systems built by leading players in the field. Continue reading New Initiatives Signal Advancements in Quantum Computing

Pentagon Cancels JEDI Contract, Reveals New Cloud Initiative

The Defense Department stated that the contract for the Joint Enterprise Defense Infrastructure (JEDI) project “no longer meets its needs,” canceling a highly contentious $10 billion cloud computing contract awarded to Microsoft. In January, the department warned Congress that it would do so if a federal court agreed to hear whether former President Trump used his influence to award the contract to Microsoft over its rival Amazon. Such a suit, it pointed out, would result in a lengthy court cost and unacceptable delays. Instead, the Pentagon announced a new cloud program. Continue reading Pentagon Cancels JEDI Contract, Reveals New Cloud Initiative

Jeff Bezos Steps Down, Andy Jassy Is the New Amazon Boss

Amazon founder Jeff Bezos is stepping down as chief executive of the e-commerce and tech giant, elevating Andy Jassy, former head of the company’s web division, to the CEO position, making it one of the most high-profile executive swaps in years. But behind the scenes, more change has roiled the company with numerous executives departing in the last 18 months, many after working there for years. That’s unusual because many of Amazon’s top staffers started with the company in its earliest days, became wealthy via stock, and were considered loyal lifers. Continue reading Jeff Bezos Steps Down, Andy Jassy Is the New Amazon Boss

Amazon Targets App Developers with Lower Fee, AWS Credit

To attract more developers to its Android and Fire OS Appstore, Amazon — following similar moves by tech giants Apple and Google — is cutting costs for developers with its Amazon Appstore Small Business Accelerator Program. Whereas both Apple and Google halved their cut of a developer’s first $1 million to 15 percent from 30 percent, Amazon instead will lower the cut to 20 percent but also give developers 10 percent in “AWS promotional credits” to use its cloud services, bringing their Appstore revenue to “an equivalent of 90 percent.” Continue reading Amazon Targets App Developers with Lower Fee, AWS Credit

Amazon Sidewalk Will Launch Mesh Networks for IoT Devices

On June 8, Amazon will introduce its new Amazon Sidewalk program that allows some small smart devices — Ring Floodlight and Spotlight cameras, for example, and Echo Dot smart speakers and Echo Show smart displays — to share low-bandwidth home Wi-Fi networks among neighboring Amazon customers. On June 14, the network will expand to include third-party product Tile, connected to keys. All devices will become part of Amazon Sidewalk by default. The idea is that if one network drops out, the device can move to another nearby signal.

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Amazon Founder Jeff Bezos Will Step Down as CEO on July 5

Amazon founder Jeff Bezos will officially leave his position as chief executive on July 5, and Amazon Web Services chief executive Andy Jassy will take over the Amazon CEO position. The departure of Bezos was originally announced in a February earnings report but a specific date was not revealed. Bezos said July 5 is “sentimental” because it was the date Amazon was incorporated in 1994. Bezos will become executive chair, focusing his attention on “new products and early initiatives.” He said he expects Jassy to be “an outstanding leader.” Continue reading Amazon Founder Jeff Bezos Will Step Down as CEO on July 5

Amazon’s Profits, Income, Stock Price Skyrocket During 2020

For Q1 2021, Amazon reported record profits of $26 billion, more than the previous three quarters combined, with net income more than tripling to $8.1 billion and revenue of $108 billion, surpassing FactSet’s analyst predictions. In addition to Amazon’s successful quarter, Apple, Facebook, Google and Microsoft all enjoyed major upticks in profits and revenues, the result of the increased need for their products and services during the COVID-19 pandemic. Amazon expects that its Q2 sales will reach between $110 billion and $116 billion. Continue reading Amazon’s Profits, Income, Stock Price Skyrocket During 2020

Nvidia to Power Giant AI Computing with Its Arm-Based CPU

Nvidia debuted its Arm-based Grace CPU for giant artificial intelligence and high-performance computing applications, the company’s first such data center CPU. At Nvidia’s GTC 2021 conference, chief executive Jensen Huang said Grace, which offers 10 times the performance using energy-efficient Arm cores, will first be used by the Swiss National Supercomputing Centre (CSCS) and the U.S. Department of Energy’s Los Alamos National Laboratory (LANL). The CPU, named for U.S. Navy rear admiral and computer programming pioneer Grace Hopper, is slated for availability in early 2023. Continue reading Nvidia to Power Giant AI Computing with Its Arm-Based CPU

University of Chicago Debuts First U.S. Quantum Accelerator

The University of Chicago and partners launched the first U.S. program to support quantum-tech startups. University of Chicago physicist and molecular engineer professor David Awschalom, who helped create the Duality accelerator, said, “we are at the birth of a new field of technology … at the point where the transistor is being invented.” Chicago is home to three of the eight federally funded quantum research centers founded in 2020. The University of Toronto has also unveiled a program to support quantum-tech startups. Continue reading University of Chicago Debuts First U.S. Quantum Accelerator

HPA Tech Retreat: Cloud-Enabled Virtual Production – Part 2

In a conversation on cloud-enabled virtual production during the HPA Tech Retreat, Jack Wenzinger of Amazon Web Services’ Global M&E Partners vertical asked how those interested in virtual production can retool existing skills. ETC@USC senior consultant Erik Weaver stated that participating in Epic Games’ Unreal Fellowship program was “an eye-opening experience.” “Understanding what a blueprint is and how to put things in a timeline gave me a fundamental understanding,” he said. “I highly recommend watching all the videos you can on Unreal and start walking through the tutorials.” Continue reading HPA Tech Retreat: Cloud-Enabled Virtual Production – Part 2

HPA Tech Retreat: Cloud-Enabled Virtual Production – Part 1

Jack Wenzinger of Amazon Web Services’ Global M&E Partners vertical moderated a discussion during the HPA Tech Retreat on what’s been learned about cloud-enabled virtual production during the COVID-19 pandemic. He also noted that Epic Games’ Unreal Engine has published a field guide to virtual production that focuses on the work being done in pre-production and post. Joining the conversation was ETC@USC senior consultant Erik Weaver, Solstice Studios chief technology officer Edward Churchward and Mo-Sys Engineering technical director James Uren. Continue reading HPA Tech Retreat: Cloud-Enabled Virtual Production – Part 1

National Security Commission on AI Pinpoints Chinese Threat

The National Security Commission on Artificial Intelligence identified China as the first to challenge U.S. technological dominance since the end of World War II. To counter this potential threat to the United States, the 15-member commission issued a 756-page report urging a $40 billion investment in artificial intelligence research and development to be “AI ready” by 2025. The report also called for the U.S. to stay two generations ahead of China in semiconductor manufacturing. To that end, it suggested a significant tax credit for chip makers. Continue reading National Security Commission on AI Pinpoints Chinese Threat

After SolarWinds Hack, Big Tech Debates Cloud Data Security

The SolarWinds hack invaded at least nine U.S. government agencies and 100+ corporations. Now, Microsoft is at odds with Dell Technologies and IBM on the best way to secure data. Microsoft president Brad Smith stated that “cloud migration is critical to improving security maturity,” but the other two companies opine that a hybrid cloud and on-premise data storage is preferable. Smith stated that all the breached accounts Microsoft identified involved on-premise systems and that a hybrid system is more vulnerable to attacks. Continue reading After SolarWinds Hack, Big Tech Debates Cloud Data Security

Amazon’s Jeff Bezos Steps Down After 26 Years at the Helm

Amazon chief executive Jeff Bezos is stepping down from the role he has held since he started the Big Tech company 26 years ago and will assume the role of executive chairman. Amazon Web Services head Andy Jassy will replace Bezos as Amazon’s new chief executive. Bezos hands over the reins during a time in which COVID-19 has helped the company achieve record-breaking sales, while it also faces regulatory and legal investigations. Personally, he vies with Tesla chief executive Elon Musk as the world’s wealthiest person. Continue reading Amazon’s Jeff Bezos Steps Down After 26 Years at the Helm