New TikTok Chief Executive Departs Over U.S.-China Battle

TikTok chief executive Kevin Mayer quit the company only months after assuming the role. The company’s general manager Vanessa Pappas will become the interim chief. Sources stated that Mayer, formerly of Disney, decided to leave TikTok after President Trump issued a ban on the popular social platform unless its Chinese parent company ByteDance sold its assets to a U.S. company within 90 days. Mayer’s resignation letter stated that he had reflected on “what the corporate structural changes will require, and what it means for the global role I signed up for.” Continue reading New TikTok Chief Executive Departs Over U.S.-China Battle

Apple Music Debuts New Stations, Renames Flagship Beats 1

Apple unveiled two live radio stations on Apple Music, available in 165 countries, and renamed its flagship station, Beats 1, as Apple Music 1. Apple Music Hits will showcase top songs from the 1980s, 1990s and 2000s, and Apple Music Country will highlight country music. Apple Music’s Beats 1, which launched in 2015, has become a popular destination for music listening and offers in-depth artist interviews as well as global exclusives and premieres. The station also promotes human curation and artist camaraderie. Continue reading Apple Music Debuts New Stations, Renames Flagship Beats 1

HPA Tech Retreat: The DPP’s Report on Next Gen Production

The Digital Production Partnership (DPP) is a London-based media industry business network, with a membership of 400+ companies representing the entire content supply chain. Eighteen months ago, the DPP issued the Production Business Survey report, detailing the operations of 57 production companies vis-à-vis the cloud. What it found was discouraging, so the DPP set its sights on another survey on Next Generation Production. At the HPA Tech Retreat, managing director Mark Harrison presented the findings. Continue reading HPA Tech Retreat: The DPP’s Report on Next Gen Production

SoftBank Charts New Direction Following WeWork Debacle

SoftBank Group founder Masayoshi Son and board director Rajeev Misra, who is also SoftBank Investment Advisers chief executive, are focused on saving the Vision Fund, whose bets on Uber Technologies and WeWork have been disastrous. Last week, SoftBank bailed out WeWork, whose value had dipped 80 percent below its peak, with $10 billion. The London-based private investment fund debuted two years ago, with the goal of raising $100 billion to invest in startups valued at $1+ billion, the so-called unicorns of Silicon Valley. Continue reading SoftBank Charts New Direction Following WeWork Debacle

SoftBank’s Takeover of WeWork Fraught with Uncertainties

WeWork’s largest investor, SoftBank, took over the ailing company and ousted co-founder/former chief executive Adam Neumann. WeWork, which ran out of money quickly after failing to go public, attempted to reinvent how office space is sublet, with a technology twist. But Dartmouth’s Tuck School of Business management professor Vijay Govindarajan noted that the startup’s business model “is nothing more than a real estate play.” SoftBank, which has a three-year plan to save WeWork, put top executive Marcelo Claure at the helm. Continue reading SoftBank’s Takeover of WeWork Fraught with Uncertainties

More Details Emerge About Facebook’s Upcoming News Tab

Facebook is slated to launch a News Tab as early as the end of October, but according to sources only a few of the publishers whose headlines appear there will get paid. The News Tab, which will appear on the toolbar at the bottom of the Facebook mobile app, will feature links for up to 200 publications, but sources say the social media giant never intended to pay all those news outlets. Sources note that it is similar to how Facebook built its Watch section, which includes videos it doesn’t pay for. Continue reading More Details Emerge About Facebook’s Upcoming News Tab

Verizon Media Tackles Production Tech With Global Studios

Verizon Media (formerly Oath) now has production studios located in Australia, Brazil, Canada, Hong Kong, London, New York, Paris, Singapore, Sunnyvale and Taiwan. In addition, it built a 5G Los Angeles studio with plans to help pioneer new formats and production tech enabled by advanced 5G wireless connectivity. The worldwide facilities are being used by Verizon Media brands such as AOL, HuffPost, TechCrunch and Yahoo. The L.A. space — led by Verizon Media’s immersive media arm RYOT — is outfitted with full motion capture and volumetric capture stages. Continue reading Verizon Media Tackles Production Tech With Global Studios

Facebook Watch Courts Content Creators at VidCon London

Facebook is increasing its efforts to boost content on Facebook Watch, promising content creators they can connect with communities and make serious money via ads. Even though Facebook is behind powerhouse YouTube, the company has also staked out an impressive presence at the first VidCon London, running February 14-17, and is holding an invitation-only Facebook Creator Day in London just prior to that. Self-help guru Jay Shetty, who has 20+ million Facebook followers, is the platform’s face at the event. Continue reading Facebook Watch Courts Content Creators at VidCon London

DeepMind’s AlphaZero Defeats Leading Chess Game Engine

Alphabet’s London-based DeepMind loosed AlphaZero, its AI-powered system that can master games without human intervention, on Stockfish, the highest rated chess game engine, and crushed it. DeepMind developed the self-training method, dubbed deep reinforcement learning, specifically to attack strategy board game “Go,” and an earlier iteration of the system beat one of the world’s best “Go” players, although it needed human guidance. AlphaZero trained itself in chess in three days, rejecting red-marked moves after a mere 1,000 simulations. Continue reading DeepMind’s AlphaZero Defeats Leading Chess Game Engine

Team Builds Practical Quantum Random Number Generator

Security solutions provider Quantum Base and England’s Lancaster University have developed a quantum random number generator that could become a major step in combatting cyberattacks. The generator can easily be embedded in electronic devices to provide quantum security for authentication. “We have created a small, low power device that produces pure random numbers,” explains Quantum Base CEO Phillip Speed. “It can be incorporated into any electronic product with little or no incremental cost once volume production is achieved.” Continue reading Team Builds Practical Quantum Random Number Generator

Uber Wins Appeal, Regains its License to Operate in London

Uber won an appeal yesterday that will allow the company to operate in London for 15 months. A judge overturned a ban so that Uber will regain its taxi license, after agreeing to increased government oversight. Regulatory agency Transport for London withdrew the company’s license last fall and Uber has been unable to operate during the appeals process. Transport for London had accused Uber of showing a “lack of corporate responsibility” regarding “public safety and security.” The decision marks a victory for Uber’s new CEO Dara Khosrowshahi, who replaced Travis Kalanick last year. Continue reading Uber Wins Appeal, Regains its License to Operate in London

ESPN to Cover More Than 500 Wimbledon Tennis Matches

For the first time, ESPN will have cameras on all 18 courts at Wimbledon to offer complete coverage of more than 500 matches, including this week’s four days of qualifiers. Tennis fans can stream coverage from the All England Club on ESPN, ESPN2, ESPN3 and ESPN+ via the ESPN App. The sports network is also planning to televise about 140 hours on ESPN, ESPN2 and ABC. Additionally, the network will offer daily highlights, weekly reviews, press conference feeds, social buzz, related specials, and a marathon of notable matches on ESPN Classic. Continue reading ESPN to Cover More Than 500 Wimbledon Tennis Matches

Aftermath of EU’s Data Privacy Law is Far-Reaching, Profound

With the European Union’s General Data Protection Regulation going into effect, technology companies are flooding email inboxes with updates to privacy policies. Though GDPR currently touts the strictest privacy regulations, Brazil, Japan and South Korea plan to enact their own strict laws. The EU is encouraging such regulations by tying them to some trade deals and promoting a global approach. The EU and its 28 member countries are also planning to enact stricter enforcement of antitrust laws and tougher tax policies for giant tech companies. Continue reading Aftermath of EU’s Data Privacy Law is Far-Reaching, Profound

Skyrocketing Membership Threatens the Viability of MoviePass

MoviePass chopped its prices eight months ago, bringing membership to two million people — and the company to the brink of bankruptcy. Parent company Helios and Matheson Analytics, which owns 92 percent of MoviePass, reported that it was down to just $15.5 million in cash at the end of April, with $27.9 million on deposit with merchant processors. The question now is if subscribers can slack off on movie-going before the company runs out of money. A recent SEC filing indicates that the company’s auditor has “substantial doubt.” Continue reading Skyrocketing Membership Threatens the Viability of MoviePass

Google, Publishers to Meet as Europe’s Data Law Takes Effect

Sources say that Google has agreed to discuss the concerns of publishers at four of its global offices on the eve of Europe’s General Data Protection Regulation (GDPR) going into effect May 25. Google has told publishers using its advertising tools that they will be responsible for obtaining user consent to gather personal information from European users. Google has not adopted an industry-wide framework that many publishers plan to use to gain user permission on behalf of their advertising technology partners. Continue reading Google, Publishers to Meet as Europe’s Data Law Takes Effect

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