Thursday, November 29, 2018

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China's iQiyi to offer $500M convertible note as content costs balloon

Nov 29, 5:35AM

Chinese video streaming service iQiyi is raising new cash as it feels the squeeze from surging content costs. The video business, which is owned by China’s online search giant Baidu, said on Wednesday that it will issue $500 million in convertible senior notes. Proceeds from the offering will go towards content and technology investments as […]


Facebook staff discussed selling API access to apps in 2012-2014

Nov 29, 2:21AM

Following a flopped IPO in 2012, Facebook desperately brainstormed new ways to earn money. An employee of unknown rank sent an internal email suggesting Facebook charge developers $250,000 per year for access to its platform APIs for making apps that can ask users for access to their data. Employees also discussed offering Tinder extended access […]


'The Inventor,' a documentary about Theranos and the 'psychology of deception,' will premiere at Sundance

Nov 28, 11:33PM

Oscar-winning director Alex Gibney "will tell a Silicon Valley tale that [is] too good to be true," in one of two films in the works documenting the Theranos saga.


Nintendo's Switch fortunes persist

Nov 28, 11:25PM

The Nintendo Switch continues to prove itself as quite the formidable little console. Today, Nintendo shared a press release of victory lap brags from its Thanksgiving weekend sales. The company detailed that $250 million in Nintendo products were purchased over the four-day period with the company’s Nintendo Switch console leading the way. The company also […]


Up close and hands-on with DJI's Osmo Pocket gimbal

Nov 28, 11:19PM

I'll admit that I've warmed up pretty quickly to the Osmo Pocket. The original post from earlier today is pretty skeptical, owing in no small part to the price point. And while I stand by the earlier assessment that $349 is prohibitively expensive for the consumer market the company appears to be going after, I've […]


Qualcomm Ventures is dedicating $100M to AI investments

Nov 28, 10:30PM

Qualcomm is betting big on on-device artificial intelligence.


Following report on sluggish demand, Apple VP says iPhone XR is its most popular model

Nov 28, 9:59PM

In the wake of a report from the WSJ last week that detailed how low demand for Apple’s latest iPhones was prompting the company to cut orders for the devices, particularly the iPhone XR, an Apple VP is detailing that the XR is the company’s best-selling model available right now. The disclosure comes from Apple […]


Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

Nov 28, 9:13PM

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. Terms of the deal weren’t disclosed. The deal is part of a broader effort to expand the Jam City portfolio of games and geographic footprint. In recent months the company has inked agreements […]


India's Drivezy raises $20M for its on-demand vehicle rental service

Nov 28, 9:12PM

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant Yamaha, Axan Partners and IT-Farm. The deal takes Drivezy, which was formerly known as JustRide, to $31 million raised to date. In addition, […]


Instagram is using object recognition tech to describe photos for visually impaired users

Nov 28, 8:55PM

Instagram is a visual service; it’s a feed of photos and videos and memes that users take in, but the company is rethinking how to optimize a visual service for users with visual impairments via a couple of new features. The accessibility-focused update rolling out today offers two options to give visually impaired users alternative […]


Audi's e-tron GT concept is an all-electric sedan with some Porsche DNA

Nov 28, 8:00PM

Audi is making room in its electric future for more than SUVs or crossovers. After a string of teasers, the German automaker finally unveiled the Audi e-tron GT concept, a four-door all-electric coupe that has some Porsche DNA sprinkled in and that looks a lot like the A7. Audi introduced the concept Wednesday during the […]


AWS is bringing the cloud on prem with Outposts

Nov 28, 7:54PM

AWS has always been the pure cloud vendor, and even though it has given a nod to hybrid, it is now fully embracing it. Today in conjunction with VMware, it announced a pair of options to bring AWS into the data center. Yes, you read it correctly. You can now put AWS into your data […]


DJI goes pocket size for its latest gimbal

Nov 28, 7:15PM

Hand-held gimbals have largely been the realm of pro videographers. But DJI is looking to change things up with an ultra-portable take on its popular Osmo line. The Osmo Pocket is a four-inch-tall version of the drone maker's camera stabilizer that can either be plugged into an iPhone or utilized as a standalone. At $349 […]


ACLU asks court to release a secret order forcing Facebook to wiretap Messenger

Nov 28, 7:00PM

Earlier this year, the U.S. government tried to force Facebook to secretly recode its Messenger app to allow the feds to listen into an encrypted, real-time voice call on suspected members associated with the notorious MS-13 gang. It was only when reporters revealed that when Facebook declined, the feds pushed the court to hold the […]


AWS launches Amazon Forecast to make time series predictions easier

Nov 28, 6:47PM

Amazon’s AWS today launched Amazon Forecast, a new pre-built machine learning tool that will make it easier for developers to generate predictions based on time-series data. While predictions are pretty much the most standard use case for machine learning, building them still takes some skill. Amazon, of course, has already built plenty of these models […]


Amazon debuts a scale model autonomous car to teach developers machine learning

Nov 28, 6:47PM

Amazon today announced AWS DeepRacer, a fully autonomous 1/18th-scale race car that aims to help developers learn machine learning. Priced at $399 but currently offered for $249, the race car lets developers get hands-on — literally — with a machine learning technique called reinforcement learning (RL). RL takes a different approach to training models than […]


AWS makes Amazon.com personalization service available to all

Nov 28, 6:44PM

AWS announces Amazon Personalize, a new service that helps developers build personalization and recommendation models.


Amazon Textract brings intelligence to OCR

Nov 28, 6:42PM

One of the challenges just about every business faces is converting forms to a useful digital format. This has typically involved using human data entry clerks to enter the data into the computer. State of the art involved using OCR to read forms automatically, but AWS CEO Andy Jassy explained that OCR is basically just a […]


Amazon Elastic Inference will reduce deep learning costs by ~75%

Nov 28, 6:17PM

AWS today announced Amazon Elastic Inference, a new service that lets customers attach GPU-powered inference acceleration to any Amazon EC2 instance.


Amazon launches an automated labeling service for its SageMaker machine learning tool

Nov 28, 6:14PM

You can’t build a good machine learning model without good training data. But building those training sets is hard, often manual work, that involves labeling thousand and thousands of images, for example. With SageMaker, AWS has been working on a service that makes building machine learning models a lot easier. But until today, that labeling […]



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