Biden Plan Aims to Build U.S. Semiconductor Manufacturing

President Joe Biden stated that investing in the manufacturing of semiconductors is part of his administration’s effort to improve the nation’s infrastructure, in order to “build the infrastructure of today and not repair the one of yesterday … [as well as] protect our supply chain and revitalize American manufacturing.” A shortage of semiconductors has impacted industries worldwide and hit the automotive industry particularly hard, forcing a slowdown or cessation of production across the U.S. To assess the problem, White House officials met with 20 chief executives from tech and automotive companies this week. Continue reading Biden Plan Aims to Build U.S. Semiconductor Manufacturing

More Brands Consider TV/Film Sponsorship in COVID-19 Era

One lesser-known story of COVID-19’s impact on the entertainment industry is how brands have turned to filmmaking. “The Day Sports Stood Still,” a documentary about the NBA shutdown, started as an idea that NBA player Chris Paul brought to producer Brian Grazer and his Imagine Entertainment. The documentary, which debuted on HBO and HBO Max, also drew in Nike’s production entity Waffle Iron Entertainment. “The best partnership you can have is a marriage where the themes between the company and the story are aligned,” said Grazer. Continue reading More Brands Consider TV/Film Sponsorship in COVID-19 Era

Biden Orders an Evaluation of Semiconductor Supply Chains

In response to a worrying shortage in chips, President Joe Biden signed an executive order to conduct a 100-day review of the supply chains for semiconductors for various products, large-capacity batteries for electric vehicles, pharmaceuticals, and rare-earth elements crucial to technology and defense. Biden is also seeking $37 billion in funding to “supercharge” chip manufacturing and urged a separate one-year review of supply chains of six “broader sectors” including food production and technology. Continue reading Biden Orders an Evaluation of Semiconductor Supply Chains

Chip Shortage Affects Electronics, Gaming, Vehicles, Aviation

Qualcomm chief executive Cristiano Amon has announced a serious shortage of semiconductor chips impacting a range of industries. In the early days of the COVID-19 pandemic, manufacturers of electronics and vehicles first drastically cut back their demand for chips but then reversed course and demand skyrocketed. Amon is just one of several industry leaders warning of the shortages and highlighting manufacturers’ reliance on outsourcing chip production to companies such as Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics. Continue reading Chip Shortage Affects Electronics, Gaming, Vehicles, Aviation

Google Breaks Revenue Records, Boosts Cloud Investments

Due largely to robust online holiday shopping, Google’s parent company Alphabet reached a record-breaking $56.9 billion in revenue for Q4, up from $43.2 billion in the same quarter last year. The numbers represent an ongoing recovery in ad spending, which was hard hit in early 2020. FactSet reports that analysts predicted the company would post $52.7 billion in revenue, including $42.3 billion from advertising. Chief financial officer Ruth Porat said Google Search and YouTube led the positive performance numbers. Continue reading Google Breaks Revenue Records, Boosts Cloud Investments

Private 5G Networks Bring Services to Rural U.S., Companies

Private 5G networks are being built across the country, mainly intended to connect machines rather than smartphones. This follows in the footsteps of utility companies, retailers and large enterprises that once built their own private 4G networks. Private networks are more readily customized and can offer better reliability and security than Wi-Fi over large areas. In rural Wisconsin, for example, WiConnect is benefitting from 5G to keep its 1,400 households connected to a broadband network that’s faster than ever before. Continue reading Private 5G Networks Bring Services to Rural U.S., Companies

Silicon Valley Firms Remain Flexible with Remote Workforce

When the COVID-19 pandemic began in the U.S., companies sent their employees home to work. Since then, the return-to-work date changed from “a few weeks” to September, and then January. Now, with the virus still problematic in many parts of the country, Google became the first to tell employees they’ll be back July 2021, followed by Airbnb, Slack and Uber and, more recently, Ford Motor Company. Microsoft, Target and The New York Times also plan to return in summer 2021, while Dropbox has made remote working the default for employees. Continue reading Silicon Valley Firms Remain Flexible with Remote Workforce

China & U.S. Both Stand to Lose in Current Technology Battle

The current U.S.-China tensions over technology may result in both countries being impeded from achieving their targets: China’s aim to build a modern technocratic state and the U.S.’s efforts to continue to build lucrative businesses with China’s huge market. U.S. Internet companies are already barred by China’s Great Firewall, and now the U.S. is targeting Huawei Technologies, ByteDance’s TikTok and Tencent Holdings’ WeChat. Secretary of State Mike Pompeo proposed a “Clean Network” free of Chinese apps and other technology. Continue reading China & U.S. Both Stand to Lose in Current Technology Battle

Executive Spotlight: Interview with Bluescape’s Peter Jackson

Peter Jackson is the CEO of Bluescape, the leading visual work platform. He is a serial entrepreneur and advisor with a broad and deep knowledge of technology, business and financial markets. Prior to Bluescape, Jackson co-founded Ziploop Inc. (acquired by Snipp Interactive in October 2017), served on the boards of Eventbrite, DocuSign and Kanjoya; took Intraware to IPO, and was president/COO of DataFlex following its acquisition of Granite Systems, among other achievements. Recently I had the opportunity to speak with Jackson about the impact of the COVID-19 pandemic on Bluescape and the services it deploys to the media & entertainment space. Continue reading Executive Spotlight: Interview with Bluescape’s Peter Jackson

Capital One Hacker Stole Data From More Than 30 Entities

Former Amazon employee Paige Thompson, charged with hacking Capital One Financial records, illegally accessed terabytes of data from 30+ other companies and institutions, according to authorities. Thompson, arrested July 29, was accused of stealing 106 million Capital One records, considered to be one of the largest thefts of cloud-based data. Court documents reveal that Thompson stole 140,000 Social Security numbers, 80,000 bank account numbers, millions of credit card applications and one million Canadian social insurance numbers. Continue reading Capital One Hacker Stole Data From More Than 30 Entities

Red Hat and Lenovo Entice Startups to Join Anti-Troll Network

Four years ago, Google and Canon founded the non-profit LOT (License on Transfer) Network to combat litigation by trolls — companies that don’t make products, but seek profits from challenging patents. Now, Red Hat and Lenovo Group, two of LOT’s 224 members, are offering free patents to any startup that joins the group. When the dotcom bubble burst 20 years ago, bankrupt firms sold their patents, which were bought by speculators. Patent suits are declining, but are still an issue for companies of all sizes. Continue reading Red Hat and Lenovo Entice Startups to Join Anti-Troll Network

GM Close to Commercial Version of Autonomous Chevy Bolt

GM is showing off its latest autonomous vehicles, battery-powered Chevrolet Bolts, to investment analysts in San Francisco. Up until now, the car manufacturer has been reluctant to subject the cars it’s developed through its Cruise Automation subsidiary to scrutiny, but now wants to signal that it’s getting closer to a real product. In fact, GM president Daniel Ammann revealed that the driverless cars will be ready for consumers in “quarters, not years.” GM also aims to launch a driverless taxi fleet by 2019. Continue reading GM Close to Commercial Version of Autonomous Chevy Bolt

Waymo’s Autonomous Cars Drive With Humans in Backseat

Waymo began testing its first autonomous vehicles on public roads on October 19 in the Phoenix area. The Chrysler Pacifica minivans still had employees in the car, but in the backseat, where they could push a button to pull over the vehicle. Waymo, whose vision is to deploy its self-driving vehicles via a taxi service, plans to let passengers ride in the back, possibly without an employee, in the coming months. It began its work eight years ago, followed by similar efforts by General Motors, Ford Motor, Apple and Uber. Continue reading Waymo’s Autonomous Cars Drive With Humans in Backseat

Amazon Intends to Rule the Smart Home With Alexa Devices

Amazon is making a big push to be everywhere in the smart home, which is why its devices are relatively inexpensive: the new Amazon Echo is $99.99, Echo Plus is $149.99, Echo Spot is $129.99 and the new Fire TV stick is $69.99. The company is betting on being ubiquitous enough in homes to become the de facto standard for smart home devices — in essence, a new operating system. Proof that Amazon is playing a long game is the Echo Plus, which with a single command could turn off the lights, lock the door and turn off the TV. Continue reading Amazon Intends to Rule the Smart Home With Alexa Devices

Adobe Debuts AI-Powered Service to Monetize Vehicle Data

Adobe Systems debuted services utilizing Sensei, its AI feature, to provide analytics, marketing and aid in automating audio ads from cars connected to the Internet. The data thus far is provided via in-car voice assistants and infotainment apps, but will ultimately include entirely autonomous vehicles. The new service puts Adobe at the head of the pack in offering this kind of data analysis; the company is relying on its experience providing similar digital marketing assistance for computers and smartphones. Continue reading Adobe Debuts AI-Powered Service to Monetize Vehicle Data

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