Amazon Technology Chief Details Rise to Cloud Dominance

Amazon launched its Amazon Web Services (AWS) cloud-computing unit in 2006. AWS generated $8.4 billion in sales in the latest quarter, with operating income up 29 percent to $2.1 billion. Research firm Gartner reported that AWS’ $15.5 billion in annual cloud services is about half of total revenue for this sector last year. Amazon’s closest rival, Microsoft and its Azure cloud service, represents about 15 percent of cloud market sales. Amazon chief technology officer Werner Vogels described the company’s path to dominance. Continue reading Amazon Technology Chief Details Rise to Cloud Dominance

Tech Firms, U.S. Officials Strategize 2020 Election Security

As the 2020 U.S. presidential election nears, government officials met in Silicon Valley with Facebook, Google, Microsoft and Twitter to discuss how to prevent the foreign interference that took place during the 2016 election. The companies’ security teams and representatives from the FBI, Office of the Director of National Intelligence and the Department of Homeland Security attended the daylong meeting at Facebook’s headquarters. The group talked about detecting potential threats and methods of strategic collaboration. Continue reading Tech Firms, U.S. Officials Strategize 2020 Election Security

Facebook’s Dilemma: Achieving Data Portability and Privacy

Facebook is trying to make good on two key promises: to protect users’ privacy and to allow them to move their data elsewhere. But the two goals may not be compatible, and Facebook is looking outside the company to get ideas on how to deliver both. The European Union and California passed laws that require Facebook to make users’ social media profiles easy to move to a competing platform. At the same time, Facebook agreed to enforce data protections as part of a $5 billion settlement with the Federal Trade Commission. Continue reading Facebook’s Dilemma: Achieving Data Portability and Privacy

Amazon Ramps Up Efforts to Bring Alexa to More Vehicles

Amazon first indicated its ambition to put Alexa into cars several years ago, and in 2018 introduced Echo Auto, designed to be integrated into vehicle entertainment systems. Since then, Audi and BMW began selling some models that incorporate the company’s digital assistant. But Amazon faces stiff competition from Apple and Google, which have already made inroads, and some vehicle manufacturers are loath to adopt third-party technology. Although Amazon won’t generate much revenue initially in the auto market, the company believes that opportunities will grow much larger in the future. Continue reading Amazon Ramps Up Efforts to Bring Alexa to More Vehicles

SuperGLUE Is Benchmark For Language-Understanding AI

Researchers recently introduced a series of rigorous benchmark tasks that measure the performance of sophisticated language-understanding AI. Facebook AI Research with Google’s DeepMind, University of Washington and New York University introduced SuperGLUE last week, based on the idea that deep learning models for today’s conversational AI require greater challenges. SuperGLUE, which uses Google’s BERT representational model as a performance baseline, follows the 2018 introduction of GLUE (General Language Understanding Evaluation), and encourages the creation of models that can understand more nuanced, complex language. Continue reading SuperGLUE Is Benchmark For Language-Understanding AI

State Attorneys General Team Up to Investigate Tech Firms

After several states began pursuing an antitrust probe of the big technology companies, sources reported that representatives of several state attorneys general met with top Justice Department officials to air their concerns about the lack of competition in the technology sector. Now, according to sources, a bipartisan group of states plans to initiate a joint antitrust investigation, to be launched as soon as next month. Sources say the investigation will focus on whether dominant platforms stifle competition. Continue reading State Attorneys General Team Up to Investigate Tech Firms

SoftBank to Lend Employees $20B to Invest in Vision Fund

SoftBank Group plans to lend up to $20 billion to its 400 employees to buy stakes in its second Vision Fund, following the first fund launched in 2017. That first $100 billion fund, which debuted in 2017, made big investments in Uber Technologies, WeWork, and Chinese ride-hailing company Didi Chuxing Technology, driving up their valuations. For the second Vision Fund, SoftBank chief executive Masayoshi Son may invest as much as $15 billion, and SoftBank could put in $38 billion, more than is typical for a fund sponsor. Continue reading SoftBank to Lend Employees $20B to Invest in Vision Fund

Toronto Has Become a Magnet For Major Tech Companies

Toronto has become an attractive locale for Silicon Valley companies to set up shop. Intel plans to build a graphics-chip design lab there, Uber Technologies will open an engineering hub, and Google’s parent, Alphabet, aims to build a new Toronto campus as part of its “smart city” on Lake Ontario. Microsoft also said it will increase its Canadian workforce by 20+ percent. All that activity has led Silicon Valley Bank, which funds startups and venture capital firms, to open an office in what is the largest Canadian city. Continue reading Toronto Has Become a Magnet For Major Tech Companies

Google Assistant Wins Top Spot in Loup Ventures IQ Test

In Loup Ventures’ 2019 Digital Assistant IQ Test, comprised of 800 questions, Google Assistant came in first, understanding 100 percent of the questions and answering 92.9 percent of them accurately. Last year, Google Assistant, also top-ranked, answered 85.5 percent correctly. Apple’s Siri also improved, understanding 99.8 percent of the questions (versus 2018’s 99 percent) and correctly answering 83.1 percent of the time (versus 2018’s 78.5 percent). Amazon’s Alexa came in third. Continue reading Google Assistant Wins Top Spot in Loup Ventures IQ Test

Congress Calls For End to Tech Firms’ Audio Transcriptions

A bipartisan group of Congress members castigated Facebook for hiring contractors to transcribe audio clips and urged regulation to prevent it in the future. The transcriptions were made to help Facebook improve its artificial intelligence-enabled speech recognition, and are part of a move to improve the capabilities of voice assistants (Amazon, Apple and Google are among companies that have taken similar approaches). Last year, Senator Ron Wyden (D-Oregon) circulated a draft law that would impose steep fines and even prison for executives who failed to protect users’ personal data. Continue reading Congress Calls For End to Tech Firms’ Audio Transcriptions

Game Industry Takes Steps to Address Loot Box Concerns

In a Federal Trade Commission workshop, Nintendo, Microsoft, and Sony, the biggest game console manufacturers, have vowed to self-impose regulations requiring video game developers to disclose the odds for loot boxes. The FTC is looking at loot boxes, a system in which players buy “random” packages of in-game items without knowing the odds of getting items they actually want. The trade group Entertainment Software Association (ESA) plans to add warning labels and other policies related to loot boxes. Continue reading Game Industry Takes Steps to Address Loot Box Concerns

Companies Support the Khronos Group’s OpenXR Standard

After launching an experimental version of the OpenXR specification several months ago, the Khronos Group consortium debuted the official version of the standard aimed at enabling cross-platform AR and VR applications. The Group said it will continue to improve the spec and maintain “full backwards compatibility.” Microsoft quickly embraced OpenXR, releasing it in its store before the official version was introduced. Any user of Windows Mixed Reality or HoloLens can install it to run any OpenXR-based app. Continue reading Companies Support the Khronos Group’s OpenXR Standard

SoftBank Debuts Vision Fund 2, Focused on AI Investment

SoftBank Group changed technology venture capital when it launched the Vision Fund in May 2017, by setting $100 million as the minimum investment. Since then, the Vision Fund, which raised almost $100 billion, has invested in Uber Technologies, Didi Chuxing Technology and other startups. Now, the Japanese company is debuting Vision Fund 2 and jumpstarting it with its own $38 billion investment. The fund, which will focus on artificial intelligence, has already drawn investment commitments from Apple and Microsoft. Continue reading SoftBank Debuts Vision Fund 2, Focused on AI Investment

Amazon Revenue Strong, Record Profitability Streak Ends

After posting its best profits over the previous four quarters, Amazon broke its streak; its Q2 profit rose 3.6 percent from a year ago, to $2.63 billion, missing analysts’ predictions. Profitability got a hit from the increased costs of shipping, as Amazon struggled to make one-day shipping the standard for all its Prime members. Chief financial officer Brian Olsavsky said that “when the dust settles, we will regain our cost efficiency over time.” Revenue was a bright spot, however, with performance above analysts’ expectations. Continue reading Amazon Revenue Strong, Record Profitability Streak Ends

Tech Companies Join Forces to Ask FCC For Faster Wi-Fi

Apple, Broadcom, Facebook, Google, HP, Intel, Marvell, Microsoft and Qualcomm are all petitioning the FCC to approve a Very Low Power (VLP) category of Wi-Fi, which would allow them to take advantage of the FCC’s recent opening up of the 6GHz band for unlicensed activity. VLP would enable short-range, point-to-point connections between two devices that travel below a specific power threshold (14 dBm EIRP); they say they can deliver 2Gbps at a distance of three meters — and that VLP is necessary for the proliferation of 5G. Continue reading Tech Companies Join Forces to Ask FCC For Faster Wi-Fi