Tag: Instagram

Technology News from the Week: June 25th 2018

Technology News from the Week: June 25th 2018

Technology news items that caught our attention this week:

Waymo to launch robo-taxis in Europe: Link

Phoenix AZ as petri dish for autonomous driving: Link

Kroger is launching a fully driverless delivery service: Link

In the “Service, Maintenance, Repair” category: the US Army is using machine learning to predict when combat vehicles need repair: Link

Amazon to acquire online pharmacy PillPack: Link

Amazon plans start-up delivery service for its own packages: Link

Disney gains DOJ approval to acquire Fox assets: Link

CEORater Podcast: why we believe Disney will defeat Comcast in the quest for Fox: Link

Facebook launches Instagram Lite: Link

States agree not to fine Equifax over cyberbreach: Link

Technology News from the Week: June 18th 2018

Technology News from the Week: June 18th 2018

Technology news items that caught our attention this week:

Google’s AI can now lip read better than humans after watching thousands of hours of TV: Link

Instagram takes a shot at YouTube, further distances itself from other social media platforms by rolling out long-form video: Link

One million people use Bank of America’s AI-powered virtual assistant “Erica”: Link

GM is considering an IPO for autonomous driving unit Cruise Automation: Link

Amazon faces push back related to its facial recognition platform “Rekognition”: Link

AT&T launches new streaming service – “WatchTV” – $15 per month for 30 channels: Link

Disney is willing to divest more Fox assets for deal clearance: Link

U.S. venture capitalists didn’t fund this Duke professor’s powerful facial recognition platform, so the Chinese government did: Link

Gamers rule the world. Now they have their own stadiums: Link

Twitter finds new life with young people. On Instagram: Link

The Soundtrack to Your Life. Facebook Continues to Distance Itself from the Competition

The Soundtrack to Your Life. Facebook Continues to Distance Itself from the Competition

Recently Facebook (tkr: FB) signed an agreement with Universal Music Group to license UMG’s music library so that Facebook users may incorporate UMG music into user-generated content. Facebook’s Instagram platform is the hottest social media platform at the moment. Instagram kneecapped Snapchat (tkr: SNAP) earlier this year when the former rolled out its “stories” feature. Instagram has further extended its lead over Snapchat and Twitter (tkr: TWTR) by making music available to users – who essentially may create mini soundtracks for each post. Facebook’s limitless balance sheet makes the company an attractive prospective customer/partner for cash hungry music labels. We expect that UMG will be the first in a string of music licensing agreements for Facebook – effectively putting the squeeze to Twitter, Snap and any upstart social network. Snap plans to respond by rolling out a “stories”-like feature called “stories everywhere” which will extend beyond the Snapchat network.