Voice Shopping: Target Expands its Partnership With Google

Target announced that it is expanding its partnership with Google to cover a number of initiatives: consumers will be able to shop Target via Google Express home delivery (including by voice), Target’s REDcard payment card will be integrated into Google’s shopping platform, and new support for store pick-ups of purchases made through voice will be introduced. Amazon’s biggest rival Walmart announced in August that it would also team with Google for voice-based shopping efforts. The moves could help Google Home compete with Amazon’s Alexa-powered smart speakers. Continue reading Voice Shopping: Target Expands its Partnership With Google

Former Uber CEO Tries to Thwart Effort to Reduce His Power

In the latest drama at the troubled Uber, former chief executive Travis Kalanick appointed two new directors — former Xerox chief executive Ursula Burns and former Merrill Lynch chief John Thain — to the board, without informing new chief executive Dara Khosrowshahi or current board members. The likely trigger for Kalanick’s action was a proposal that included reducing his voting power and increasing Khosrowshahi’s. By adding two members to the nine-member board, Kalanick attempted to gain new allies. Continue reading Former Uber CEO Tries to Thwart Effort to Reduce His Power

Roku Goes Public Today, Sets its IPO Price at $14 per Share

Video streaming device maker Roku begins trading today on Nasdaq, setting its IPO price at $14 per share, which would give it a $1.3 billion stock market value. The 15-year-old company is competing with the likes of Amazon, Apple and Google that all offer streaming video boxes featuring popular apps such as Netflix and Hulu. Roku’s devices provide access to Amazon, Netflix, YouTube and dozens of online channels, but competition is a major consideration with today’s tech investors. Snap Inc., for example, the year’s biggest tech IPO, has watched its shares plummet in value as Facebook’s Instagram rolled out Snapchat-like functionality. Continue reading Roku Goes Public Today, Sets its IPO Price at $14 per Share

Samsung Creates $300M Fund to Innovate Automotive Tech

Samsung Electronics has formed a $300 million Automotive Innovation Fund focused on technology for new cars. The South Korean electronics company previously showed interest in the automotive industry, spending $8 billion to buy auto parts supplier Harman International. According to Samsung, its first investment from the new fund — €75 million ($89 million) — was to partner with Austria-based TTTech, a company that protects the real-time computer systems used in smart vehicles. Audi is another major investor in TTTech. Continue reading Samsung Creates $300M Fund to Innovate Automotive Tech

Western Digital Acquires Upthere to Expand Cloud Services

Western Digital announced its acquisition of cloud services startup Upthere, which offers storage solutions for photos, videos, documents and music. “The Upthere app is platform agnostic and available for iPhone, iPad and Android devices, as well as macOS and Windows PCs,” notes the press release. “The addition of Upthere’s technology and team to Western Digital’s Client Solutions business unit will enhance the company’s consumer products portfolio with new cloud-based offerings.” Upthere CEO Chris Bourdon and his team will continue under Western Digital. Barbara Nelson, formerly of cloud security business IronKey, will lead Western Digital’s Cloud Services business. Continue reading Western Digital Acquires Upthere to Expand Cloud Services

Microsoft Intros Brainwave, Jumpstarting AI Hardware Speed

Microsoft has debuted Brainwave, a system that improves AI hardware performance, enabling machine learning at speeds beyond what’s available today with CPUs or GPUs. At the Hot Chips symposium in Cupertino, California, researchers showed off a Gated Recurrent Unit model running on Intel’s newly released Stratix 10 FPGA (field programmable gate array chip), at a speed of 39.5 teraflops without batching operations. Brainwave currently supports models constructed with Microsoft’s CNTK framework and Google’s TensorFlow framework. Continue reading Microsoft Intros Brainwave, Jumpstarting AI Hardware Speed

Facebook Buys AI Startup Ozlo to Improve Virtual Assistant M

Facebook just acquired Ozlo, a small AI startup founded four years ago and based in Palo Alto, California. The social media giant made the purchase in order to improve Messenger’s virtual assistant, dubbed M. Ozlo describes its product as “an index of knowledge about the real world,” which implies that a user could ask questions and receive answers about a wide range of topics. The company has 30 employees, and a majority of them will be joining Facebook’s Messenger teams in Menlo Park, California and Seattle, Washington. Continue reading Facebook Buys AI Startup Ozlo to Improve Virtual Assistant M

Intel Is Topped by Samsung After 25-Year Lead in Chip Sales

Samsung Electronics’ semiconductor unit posted Q2 sales of $15.7 billion and operating profit of $7.1 billion, surpassing Intel’s Q2 earnings of $14.8 billion and operating profit of $3.8 billion. This marks the first time in nearly 25 years that Intel has lost its No. 1 position in the chip-making market. Up until this quarter, Santa Clara, CA-based Intel has enjoyed a comfortable lead over Samsung’s chip unit, which got its start with a focus on mobile devices. The semiconductor industry is currently valued at $365 billion. Continue reading Intel Is Topped by Samsung After 25-Year Lead in Chip Sales

Taco Bell Is Experimenting With New Marketing Vehicle: Lyft

Fast-food chain Taco Bell is teaming with ride-sharing firm Lyft to offer passengers a “Taco Mode” in the Lyft app for requesting rides between 9:00 p.m. and 2:00 a.m. that include a stop at a Taco Bell drive-through. The option will be tested around Newport Beach, California the next few weeks, and will likely expand nationally in 2018. “I kind of think of this like inverse delivery — like we’re delivering you to Taco Bell,” said Marisa Thalberg, Taco Bell’s chief marketing officer. “You’re being delivered to the food as opposed to having to get in your own car and drive.” Continue reading Taco Bell Is Experimenting With New Marketing Vehicle: Lyft

Mira’s $99 Prism Turns Apple’s iPhone Into an AR Headset

For Apple iPhone users looking forward to augmented reality, there will soon be another option to looking at images on the phone’s screen. Due to launch later this year, the Mira Prism, which looks like a sun visor or welder’s mask that fits over the user’s head, will reflect AR’s 3D images in front of the user’s face — and only costs $99. The visor comes from Los Angeles-based company Mira, founded by students from the inaugural class of USC’s Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation. Continue reading Mira’s $99 Prism Turns Apple’s iPhone Into an AR Headset

Disney Plans Immersive ‘Star Wars’ Attraction for Two Parks

At last week’s D23 Expo in Anaheim, The Walt Disney Company unveiled the first look of a 3D model for its new “Star Wars” attraction, “Star Wars: Galaxy’s Edge,” which was first announced at the same Expo two years ago. The planned exhibitions, to be housed at Disney’s Hollywood Studios in Orlando and Disneyland in Anaheim, will cost $1 billion each and open in 2019. The exhibitions will be the most immersive the company has offered in a theme park, and will include a themed hotel, allowing guests to have a “Westworld”-like experience. Continue reading Disney Plans Immersive ‘Star Wars’ Attraction for Two Parks

Snap May Include AR Tech With Next-Generation Spectacles

While Snap extends availability of its $130 Spectacles into Europe, the company is reportedly developing a second generation of the photo- and video-recording glasses. The “project is closely guarded inside the company,” reports TechCrunch. Based on a recent patent application, “it seems increasingly likely that Spectacles II will ship with augmented reality features built in … Snap’s app is already primed to support such a move. It recently rolled out an augmented reality feature — called World Lenses — in April which allows users to place digital objects around them.” Snap has also been looking into other hardware possibilities, including drones and a 360-degree camera.

Continue reading Snap May Include AR Tech With Next-Generation Spectacles

Tim Cook Reveals Details of Apple’s Autonomous Car Plans

Apple chief executive Tim Cook is revealing the company’s plans in autonomous vehicles, which he states is a very important core technology. With this admission, Apple now joins numerous tech and auto companies that are pursuing a future in self-driving cars. Among those companies are BMW, GM, and Alphabet’s Waymo division, which has inked partnerships with Fiat Chrysler. Apple originally wanted to build its own car, but scaled back its plans to focus on the technology powering autonomous vehicles. Continue reading Tim Cook Reveals Details of Apple’s Autonomous Car Plans

Augmented World Expo: ETC Presents the Dark Side of AR

The ETC@USC’s Phil Lelyveld gave a presentation on the dark side of AR at Augmented World Expo in Santa Clara on Friday. His goal was to raise awareness of some fundamental issues now, before there is resistance to change from established AR and VR business models. Phil began by describing how the AR and VR landscape is integrally linked to the Internet of Things (it feeds data to the AR/VR experience), artificial intelligence (it will shape the end-user experience and avatar behavior), and to a lesser degree, robotics (the relatable face of the AI). Continue reading Augmented World Expo: ETC Presents the Dark Side of AR

Mary Meeker Delivers Her Annual State of the Internet Report

Kleiner Perkins Caufield & Byers partner Mary Meeker delivered her annual Internet trends report at last week’s Code Conference in California. This year’s presentation featured 355 slides and a new section on healthcare. Among the key takeaways: global Internet users reached 3.4 billion in 2016 (46 percent of the world’s population, more than double the number from 2009); digital advertising jumped 22 percent to $73 billion; worldwide smartphone growth is slowing; China is the new leading market for interactive gaming; Apple, Alphabet, Amazon and Facebook are collectively worth $2.4 trillion, while seven of the next 16 top tech firms are Chinese companies such as Alibaba and Tencent. Continue reading Mary Meeker Delivers Her Annual State of the Internet Report