Tag: category-/News

Apple’s antitrust woes stem from its obsessions with control and money

Apple may now be the world’s largest or second-largest public company by market capitalization, but truly understanding the business requires a flash backwards to a different era: the mid-1990s, when Apple teetered on the edge of bankruptcy. Founder Steve Jobs had no shortage of outside advice after returning to fix the sinking Apple ship, but ultimately focused […]

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ProBeat: Microsoft wants TikTok for the same reason the U.S. fears China

It’s been a month since U.S. Secretary of State Mike Pompeo said the Trump administration was considering banning TikTok. Plenty has happened since, but the situation really accelerated last weekend. In the span of a couple hours, we learned that President Trump was planning to sign an order directing China’s ByteDance to divest its ownership […]

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StreamElements provides free services as part of a new diversity program

StreamElements wants to help bring more diverse creators into livestreaming. To facilitate this, it’s launching the Creator Diversity Fund. As part of this program, StreamElements will provide $100,000 worth of its services to underrepresented groups. This includes women, LGBTQIA+, people with disabilities, and Black, Indigenous, and people of color (BIPOC). “The challenges surrounding underrepresented groups […]

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Ubisoft confirms alleged abuser Tommy François has departed the company

Ubisoft confirmed today that game creator Tommy François has left the company after being accused of inappropriate behavior including sexual misconduct. The move is the latest to happen in the wake of Ubisoft CEO Yves Guillemot’s pledge to overhaul how the company handles employee complaints about harassment, sexual abuse, and other matters. Ubisoft stood out […]

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Why Anita Sarkeesian started the Game and Online Harassment Hotline

The video game industry exploded this summer with the #MeToo movement and allegations of sexual harassment and abuse. It added another layer of hardship on a year with Black Lives Matter protests and the pandemic, and it caused a lot of stress for both game developers and gamers. That’s one reason for the urgency behind […]

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Antitrust experts weigh in on breaking up Amazon, Apple, Facebook, and Google

Gary Reback is perhaps best known as the lawyer who helped convince the U.S. Department of Justice to bring an antitrust lawsuit against Microsoft in the 1990s. He watched the majority of the House Judiciary Committee hearing earlier this week with Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai, and Facebook […]

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The AR/VR ecosystem — Are we there yet?

Digi-Capital’s virtual and augmented reality forecast is for global revenue to grow from over $13 billion this year to more than $67 billion by 2024. Yet today’s market is still evolving beyond its early stage of offering related point solutions to specific problems, to becoming a fully functioning ecosystem in its own right. Different parts […]

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AI Weekly: Big Tech’s antitrust reckoning is a cautionary tale for the AI industry

This week, as the heads of four of the largest and most powerful tech companies in the world sat in front of a Congressional antitrust hearing and had to answer for the ways they built and run their respective behemoths, you could see how far the bloom on the rose of big tech has faded. […]

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Alphabet revenue dropped in Q2 2020, the first decline since going public

(Reuters) — Google parent Alphabet’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic. Shares of Alphabet fell 1.2% to $1,518.85 after it released the second-quarter results. The stock […]

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Apple’s Q3 2020 revenue hits record $59.7 billion, stock will split 4:1

Three months ago, Apple missed its initial revenue target for the second quarter of 2020 due to the global coronavirus pandemic, but was still up slightly over the prior year’s quarter — a surprising feat enabled by a rapid and nearly complete shift to online sales, as well as growing demand for work and study […]

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Privacy problems are widespread for Alexa and Google Assistant voice apps, according to researchers

Google Assistant and Amazon Alexa voice app privacy policies are often “problematic” and violate baseline requirements, according to a study coauthored by Clemson University School of Computing researchers. The work, which hasn’t yet been peer-reviewed, analyzed tens of thousands of Alexa skills and Google Assistant actions to measure the effectiveness of their data practice disclosures. […]

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Antitrust hearing: Amazon, Facebook, and Google were questioned 2x more than Apple

At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai over Webex. But they weren’t all questioned equally. Most of the questions were directed at Bezos, Zuckerberg, and Pichai — each of […]

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Samsung could ditch Bixby and Galaxy Store as part of Google deal

(Reuters) — Samsung is considering dropping its Bixby virtual assistant and Galaxy Apps Store from its mobile devices as part of a new global revenue-sharing deal with Alphabet’s Google, according to correspondence seen by Reuters on Tuesday. Google has tried for years to get Samsung, the world’s leading mobile device maker by units sold, to […]

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Use this framework to define how your firm addresses equal opportunity

Over the past couple of months, systemic issues of racial injustice have elevated to a deserved level of priority in society broadly, and within the VC industry as well. As a Black man in America, who is also a general partner at VC firm M25, I entered the discussion with “Racism won’t die in 2020,” […]

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Shopify’s 6 River Systems CEOs talk Chuck robots, automation, and the pandemic

Shopify acquired 6 River Systems for $450 million in September 2019, just three months after unveiling its Shopify Fulfillment Network, which uses machine learning to ensure timely deliveries and lower shipping costs. What did Shopify want from the fulfillment automation startup? That’s simple: 6 River Systems’ Chuck autonomous robots that can move packages in warehouses. […]

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Intel grew revenues 20% to $19.7 billion in Q2 2020, but key manufacturing upgrade delayed

Intel reported that it grew revenues 20% to $19.7 billion in the second quarter as the pandemic spurred people to buy PCs so they cold work from home better. But the company said it ran into delays in ramping up its 7-nanometer manufacturing plants, which sent the company’s stock downward in after-hours trading. PC-centric revenue […]

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Leaders from Google, Adobe, and more talk benefits and bias at the Conversational AI Summit

Presented by Cloudera  “I’m extremely excited about the future of the intersection between conversational AI and the multitude of platforms that are being developed around these capabilities,” said Linden Hillebrand, VP Global Customer Success and Support at Cloudera during his opening remarks at the Transform 2020 Conversational AI Summit. Over the course of the day […]

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How Thatgamecompany uses data to build long-term relationships with players

How Games Make Money is back with another new episode. This time, Thatgamecompany director of online experience Tim Nixon joins host Jeff Grubb to talk about designing Sky, which is the studio’s followup to Journey and Flower. Unlike those previous hits, Sky is a live-service game that’s designed to for months and years. It has […]

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Twitter disables video in Trump tweet over copyright complaint

(Reuters) — Twitter disabled a campaign-style video that President Donald Trump retweeted on Saturday, citing a copyright complaint. The video, which included music from the group Linkin Park, disappeared from the president’s Twitter feed late Saturday with the notification: “This media has been disabled in response to a report by the copyright owner.” Twitter removed […]

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AI needs systemic solutions to systemic bias, injustice, and inequality

Watch all the Transform 2020 sessions on-demand right here. At the Diversity, Equity, and Inclusion breakfast at VentureBeat’s AI-focused Transform 2020 event, a panel of AI practitioners, leaders, and academics discussed the changes that need to happen in the industry to make AI safer, more equitable, and more representative of the people to whom AI […]

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Twitter CTO on machine learning challenges: ‘I’m not proud that we miss a lot of misinformation’

Last Chance: Register for Transform, VB’s AI event of the year, hosted online July 15-17. Twitter considers itself a hub of global conversation but any regulator user knows how frequently the discourse veers into angry rants or misinformation. While the company’s investments in machine learning are intended to address these issues, executives understand the company […]

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Game investments in Q2 2020: Fewer deals, but bigger value at $7.8 billion

Last Chance: Register for Transform, VB’s AI event of the year, hosted online July 15-17. The number of game investments and acquisitions in the second quarter of 2020 declined from the first quarter, but the value of the deals was higher, according to data collected by game investment specialist Sergei Evdokimov. These figures indicate the […]

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Hackers hijack accounts of prominent Twitter users including Biden, Obama, and Musk

Last Chance: Register for Transform, VB’s AI event of the year, hosted online July 15-17. (Reuters) — Twitter said hackers accessed its internal systems to hijack some of the platform’s top voices including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them […]

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Announcing the AI Innovation Awards winners at Transform 2020

Last Chance: Register for Transform, VB’s AI event of the year, hosted online July 15-17. To kick off three days of AI panels, discussions, fireside chats, and networking at Transform 2020, VentureBeat presented the second annual AI Innovation Awards. Drawn both from our daily editorial coverage and the expertise, knowledge, and experience of our nominating […]

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U.K. bans Huawei 5G gear, orders all network equipment torn out by 2027

Take the latest VB Survey to share how your company is implementing AI today. (Reuters) — Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain’s 5G network by 2027, risking the ire of China by signalling that the world’s biggest telecoms equipment maker is no longer welcome in the West. The […]

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Microsoft invests $1 million in Kano’s DIY Windows PC

Take the latest VB Survey to share how your company is implementing AI today. Kano has raised $1 million from Microsoft as DIY PC maker released an upgraded version of its Windows-based computer that will get expanded international distribution. The investment marks another step along the way from Kano’s transformation. Once a feisty indy project, […]

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Miso’s kitchen robots will slide into White Castle restaurants this year

Take the latest VB Survey to share how your company is implementing AI today. Food prep robot startup Miso Robotics today announced that fast-food chain White Castle has signed on as a customer. In a pilot later this fall, White Castle plans to bring Miso’s robots into kitchens and benchmark them for speed in production, […]

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Apple will goose 5G sales in late 2020, but does anyone still care?

Take the latest VB Survey to share how your company is implementing AI today. Two years ago, when Qualcomm was commercializing early 5G components as Intel struggled to produce 5G smartphone modems, Apple appeared to be in an unenviably poor position — dependent on an Intel solution that might never come to market while a […]

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