Tag: Amazon

Posted on

Supplier Report: 10/12/2018

The Source: Boo Hoo Project Jedi

The Pentagon’s $10B JEDI project has had cloud providers up in arms for months. They claim the RFP favors Amazon over everyone else due to scale and the government’s refusal to break up the hosting solution to multiple providers.

Google has dropped out of the bidding process stating the project doesn’t align to their values (or perhaps they realized they wouldn’t win and this is PR spin).

IBM is filing formal complaints days before the final proposal is due while Oracle has been filing complaints for months.

Meanwhile, Apple bought a few companies that allow them to further lock down their supply chain and control the technology that powers their devices.

Acquisitions

  • Apple inks $600M deal to license IP, acquire assets and talent from Dialog to expand chipmaking in Europe

    Apple is paying $300 million in cash to buy a portion of Dialog Semiconductor, a chipmaker based out of Europe that it has been working with since the first iPhone. On top of the $300 million portion of the deal, Apple is also committing a further $300 million to make purchases from the remaining part of Dialog’s business, making it a $600 million deal in total.

    https://techcrunch.com/2018/10/10/apple-is-paying-300m-in-cash-to-buy-a-part-of-dialog-semiconductor-and-expand-its-chipmaking-in-europe/

  • Apple confirms it has acquired Spektral, a Danish computer vision startup, for augmented reality technology

    Apple has purchased Spektral, a computer vision company based out of Denmark that has worked on segmentation technology, a more efficient way to “cut out” figures from their backgrounds in digital images and videos, reportedly for over $30 million.

    This type of technology can be used, for example, to make quicker and more accurate/realistic cut-out images in augmented reality environments, but also for more standard applications like school photos. That was actually the first market the startup targeted, in 2015, although it appeared to shift strategy after that to build up IP and make deeper inroads into video. You can see a demo of how its technology works at the bottom of this post.

    https://techcrunch.com/2018/10/11/apple-has-acquired-spektral-a-danish-computer-vision-startup-for-augmented-reality-technology/

  • SoftBank is considering taking a majority stake in WeWork

    SoftBank may soon own up to 50 percent of WeWork, a well-funded provider of co-working spaces headquartered in New York, according to a new report from The Wall Street Journal.

    SoftBank is reportedly weighing an investment between $15 billion and $20 billion, which would come from its $92 billion Vision Fund, a super-sized venture fund led by Japanese entrepreneur and investor Masayoshi Son.

    https://techcrunch.com/2018/10/09/softbank-is-considering-taking-a-majority-stake-in-wework/

  • LinkedIn acquires employee engagement platform Glint

    Terms of the deal are not being disclosed. For some context, Glint had raised nearly $80 million — including these rounds for $27 million and and $20 million in the last two years — was valued at around $220 million in its last round according to PitchBook. Investors included Bessemer Venture Partners, Norwest Venture Partners, Shasta Ventures and Meritech Capital Partners.

    https://techcrunch.com/2018/10/08/linkedin-acquires-employee-engagement-and-retention-platform-glint/

Artificial Intelligence

  • Amazon Pulled the Plug on an AI Recruitment Tool That Was Biased Against Women

    Reuters reported on Wednesday that five people close to the project told the outlet that in 2014 a team began building computer programs to automate and expedite the search for talent. Such systems use algorithms that “learn” which job candidates to look for after processing a large amount of historical data. By 2015, the team realized the AI wasn’t weighing candidates in a gender-neutral way.

    “Everyone wanted this holy grail,” one of Reuters’ sources, all of whom requested to be anonymous, said in the report. “They literally wanted it to be an engine where I’m going to give you 100 resumes, it will spit out the top five, and we’ll hire those.”

    According to those engineers, the AI reduced job candidates to a star-review system, like it was reviewing a product on Amazon’s retail site. The computer models were trained on resumes submitted over a 10-year period, most of which came from men. It learned that a successful resume was a man’s resume.

    https://motherboard.vice.com/en_us/article/evwkk4/amazon-ai-recruitment-hiring-tool-gender-bias

Cloud

  • Google Drops Out of Pentagon’s $10 Billion Cloud Competition

    Google’s announcement on Monday came just months after the company decided not to renew its contract with a Pentagon artificial intelligence program, after extensive protests from employees of the internet giant about working with the military. The company then released a set of principles designed to evaluate what kind of artificial intelligence projects it would pursue.

    “We are not bidding on the JEDI contract because first, we couldn’t be assured that it would align with our AI Principles,” a Google spokesman said in a statement. “And second, we determined that there were portions of the contract that were out of scope with our current government certifications.”

    https://www.bloomberg.com/news/articles/2018-10-08/google-drops-out-of-pentagon-s-10-billion-cloud-competition

  • IBM protests $10B JEDI solicitation

    It is no secret that DOD has steadfastly refused to budge from its strategy of awarding the contract to a single cloud service provider. This has been despite objections from many in industry and pressure from Congress to move toward a multiple award strategy.

    IBM has been commenting and reviewing revisions to the final solicitation but now that the due date is upon us, the next logical step was to file its own protest.

    IBM’s protest filing is not publicly available but Sam Gordy, IBM’s general manager for federal, laid out his argument in a blog posting as well as in an interview with Washington Technology.

    https://washingtontechnology.com/blogs/editors-notebook/2018/10/ibm-jedi-protest.aspx

Security

  • The breach that killed Google+ wasn’t a breach at all

    The vulnerability itself seems to have been relatively small in scope. The heart of the problem was a specific developer API that could be used to see non-public information. But crucially, there’s no evidence that it actually was used to see private data, and given the thin user base, it’s not clear how much non-public data there really was to see. The API was theoretically accessible to anyone who asked, but only 432 people actually applied for access (again, it’s Google+), so it’s plausible that none of them ever thought of using it this way.

    https://www.theverge.com/2018/10/9/17957312/google-plus-vulnerability-privacy-breach-law

Software/SaaS

  • Microsoft Just Did Something Big With 60,000 Patents

    The technology giant said Wednesday it would contribute more than 60,000 of its patents to the Open Invention Network. This is noteworthy because the group’s member companies cross-license their patents to each other to prevent future lawsuits in which companies may allege that another firm’s technology infringes on their own patents.

    http://fortune.com/2018/10/10/microsoft-patents-open-source/

Other

  • Google Appeals $5 Billion EU Fine in Android Case

    Google’s appeal is the latest volley in a series of actions that European regulators and legislators are directing at big tech companies—many led by EU antitrust commissioner Margrethe Vestager, who has emerged as one of the most avid global regulators for big tech firms. Google is already appealing her 2017 decision that fined Google €2.43 billion for allegedly abusing the power of its search engine to favor its own service to show product ads on behalf of online retailers.

    https://www.wsj.com/articles/google-appeals-5-billion-eu-fine-in-android-case-1539109713

Photo by Kelly Sikkema on Unsplash

Posted on

Supplier Report: 10/5/2018

California is making headlines for their stance on consumer information protection. They are introducing their own net neutrality laws, they are forcing hardware makers to develop better default passwords, and they are forcing bots to reveal themselves (can’t pass themselves off as humans).

Apple and Amazon are stating they were NOT hacked by China. but Bloomberg thinks differently.

And finally… Elon Musk needs to get off of Twitter with the quickness.

Acquisitions

  • Software Firms Cloudera, Hortonworks to Merge

    The firms expect to generate about $720 million in combined annual revenue and achieve more than $125 million in annual cost savings as a result of the merger.

    Under terms of the deal, Cloudera stockholders will own about 60% of the combined company and Hortonworks stockholders the remaining 40%, the companies said Wednesday.

    https://www.wsj.com/articles/software-firms-cloudera-hortonworks-to-merge-1538603060

  • Google acquires AI customer service startup Onward

    Onward’s enterprise chatbot platform leveraged natural language processing to extract meaning from customers’ messages. Drawing on signals like location, login status, and historical activity, it could personalize and contextualize its responses to questions.

    Onward’s visual bot builder, which let clients tailor answers with decision trees, afforded even greater customization. Thanks to integrations with Zendesk, Help Scout, Salesforce, Hubspot, Shopify, Spree, and Solidus, its bots could autonomously track conversations, add leads, and keep tabs on shipments and orders.

    https://venturebeat.com/2018/10/02/google-acquires-onward-an-ai-customer-service-startup/

Artificial Intelligence

  • Can’t spot the bot? In California, automated accounts have to reveal themselves

    a new law that bans automated accounts, more commonly known as bots, from pretending to be real people in pursuit of selling products or influencing elections. Automated accounts can still interact with Californians, according to the law, but they will need to disclose that they are bots.

    The law comes as concerns about social media manipulation remain elevated. With just more than a month to go before the 2018 U.S. midterm elections, social media companies have pledged to crack down on foreign interference.

    https://www.nbcnews.com/tech/tech-news/can-t-spot-bot-california-automated-accounts-have-reveal-themselves-n915556

Cloud

  • There’s a crack at the heart of Facebook’s advertising business

    As the Post illustrates, Facebook remains a critical tool for niche advertisers looking to reach their far-flung audiences. For big brand advertisers, though, Facebook can be a less certain proposition. That was my takeaway from Tim Peterson’s story in Digiday today about ad buyers’ apathy toward so-called premium programming on Watch, Facebook’s nascent video platform.

    https://www.theverge.com/2018/10/4/17934770/facebook-lgbt-ads-watch-policies

Security

  • Apple and Amazon explicitly deny claims that servers were compromised by Chinese chips

    Both Apple and Amazon are vehemently denying claims that their servers were compromised by Chinese spies following an explosive report from Bloomberg on Thursday. The report claims that spies were able to infiltrate some of the country’s biggest tech companies by inserting microchips the size of “a grain of rice” into Chinese-manufactured servers, part of the tech giants’ infrastructure. The report alleges that the companies discovered the chips on their own and notified US authorities, but both Apple and Amazon are refuting that any of the claims cited in the story are actually founded in reality.

    https://www.theverge.com/2018/10/4/17936968/apple-amazon-deny-servers-chinese-spy-chips

  • California Is Making It Illegal for Devices to Have Shitty Default Passwords

    “The lack of basic security features on internet connected devices undermines the privacy and security of California’s consumers, and allows hackers to turn everyday consumer electronics against us,” state senator Hannah-Beth Jackson, who authored the bill, said in a press release. “This bill ensures that technology serves the people of California, and that security is not an afterthought but rather a key component of the design process.”

    https://motherboard.vice.com/en_us/article/mbd5m4/california-is-making-it-illegal-for-devices-to-have-shitty-default-passwords

Other

  • Amazon eliminates monthly bonuses and stock grants after minimum wage increase

    Several Amazon warehouse employees have criticized the move, stating they would actually be losing thousands in incentive pay. Currently, warehouse workers get two shares of Amazon stock when they’re hired ($1,952.76 per share as of writing), and an additional stock option each year. After the changes take effect, the RSU program will be phased out for stocks that vest in 2020 and 2021, and it will be replaced with a direct stock purchase plan by the end of next year.

    An Amazon warehouse worker told The Verge via email that the news was devastating to fulfillment employees, many of whom depend on their RSU and VCP (variable compensation pay, a performance-based monthly bonus program) incentives on top of their hourly wages. VCP incentives, which are dependent on good attendance and hitting productivity targets, could get Amazon workers an 8 percent monthly bonus, and a 16 percent bonus during the peak November and December seasons.

    https://www.theverge.com/2018/10/3/17934194/amazon-minimum-wage-raise-stock-options-bonus-warehouse

  • Elon Musk Tweet Mocks the Securities and Exchange Commission

    “Before the sun sets today, the SEC and his lawyers will be on the phone,” said Stephen Crimmins, a former SEC litigator now at Murphy & McGonigle PC. “It definitely jeopardizes the settlement.”

    For the settlement to move forward, the SEC could demand additional constraints on Mr. Musk’s activities, Mr. Crimmins added, since the primary concern of the SEC’s case was about how he had acted as a CEO and how he would behave going forward.

    https://www.wsj.com/articles/elon-musk-tweet-appears-to-mock-the-securities-and-exchange-commission-1538685320?ns=prod/accounts-wsj

Photo by Claude Piché on Unsplash

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News You Can Use: 9/26/2018

The Source: Staying nonpartisan

  • Google CEO Warns Staff: Stay Nonpartisan

    In a staff memo reviewed by The Wall Street Journal, Mr. Pichai told employees, known as “Googlers,” that the company has strict policies against letting political views influence the products they create.

    “We do not bias our products to favor any political agenda,” Mr. Pichai said. “The trust our users place in us is our greatest asset and we must always protect it. If any Googler ever undermines that trust, we will hold them accountable.”

    https://www.wsj.com/articles/google-ceo-warns-staff-stay-nonpartisan-1537580004?ns=prod/accounts-wsj

  • Amazon Is a Giant. But Bigness Isn’t a Crime.

    Many in the field point to the late Supreme Court Justice Antonin Scalia’s opinion in the 2004 case of Verizon v. Trinko. It examined the question of whether Verizon was required, under antitrust law, to provide competitors wholesale access to its telephone network.

    “The mere possession of monopoly power, and the concomitant charging of monopoly prices is not only not unlawful; it is an important element of the free market system,” Justice Scalia wrote.

    In this view, there is no crime in being monopolist; the crime is in abusing that power. According to Justice Scalia, a healthy monopoly “induces risk taking that produces innovation and economic growth.”

    https://www.wsj.com/articles/amazon-is-a-giant-but-bigness-isnt-a-crime-1537534900?ns=prod/accounts-wsj

  • An astronaut’s guide to risk taking | Chris Hadfield
  • How to Successfully Delegate Work to Someone Else

    Even if you don’t have a specific “deadline” for a delegated task, come up with an arbitrary one that you give someone the first time you pass a responsibility their way. A reasonable deadline can make sure the task doesn’t get forgotten and can give you a good idea of when you can expect the work to be completed.

    https://lifehacker.com/how-to-successfully-delegate-work-to-someone-else-1829254908

  • Hate your cubicle? Thank medieval monks

    But medieval monks may have been the first to use cubicles–or a scriptorium, as it was called–as they worked on manuscripts. These writing rooms were also used by lay scribes and illuminators.

    Botticelli’s painting of St. Augustine in his cell depicts a small three-walled alcove with a curtain, further suggesting that such work in Renaissance times was done in secluded spaces to maximize focus. Coincidentally, this painting hangs in the Uffizi Gallery, which was originally the central administrative building of the Medici empire.

    https://www.fastcompany.com/90236769/hate-your-cubicle-thank-medieval-monks

Photo by Angelo Pantazis on Unsplash

Posted on

News You Can Use: 9/5/2018

The Source: Shrinking Family

  • Amazon becomes world’s second company to be valued at $1tn

    On Tuesday, a rise in the share price of Amazon, which is listed on the Nasdaq stock exchange in the US, briefly took it above the trillion-dollar watermark for the first time.
    **
    Bezos has become the world’s richest man in the process, with a net worth estimated at more than $167bn on Tuesday, according to Forbes.

    Amazon went public at $18 a share in 1997 – on Tuesday those shares hit $2,050, pushing the value of the whole company over $1tn. Amazon ended the day valued at $995bn, just short of its new record.

    https://www.theguardian.com/technology/2018/sep/04/amazon-becomes-worlds-second-1tn-company

  • Why work has failed us: Because it’s making it impossible to start a family

    It now costs $31,000 more (adjusted for inflation) to raise a child from infancy to the age of 18 than it did in 1960. Between 1985 and 2011 alone, the cost of childcare went up by 70%, even though wages barely grew. Given that the cost of food, diapers, transportation, and housing has either gone down or stayed the same, this increase largely comes down to the ballooning cost of paying for other people to look after our children.

    This was the exact same period in which women began entering the workforce in far greater numbers. Between 1962 and 2000, women’s labor force participation increased from 37% to 61%, leading to an estimated $2 trillion in economic gains. But in a disconcerting twist, women’s workforce participation actually started declining between 2000 to 2016, dipping from 60.7% to 57.2%. Pew Research suggests that the rising cost of childcare is likely responsible for the increase in stay-at-home moms over the last decades.

    https://www.fastcompany.com/90223475/american-childcare-is-an-expensive-nightmare-is-it-fixable

  • A mental hack for surviving bad bosses
  • Sheryl Sandberg’s New Job Is to Fix Facebook’s Reputation—and Her Own

    Now, Ms. Sandberg’s mandate is to spend a majority of her time on safety and security vulnerabilities. She formed a SWAT team to do what she and other Facebookers had struggled with when faced with a crisis: bridge the gap between the technical and business sides of the company to act decisively. The new team makes recommendations to the group of Facebook’s top executives that meet every Friday—known internally as the M-team—with Ms. Sandberg running the show, according to a person familiar with the operations. The shift “from reactive to proactive detection is a big change,” Mr. Zuckerberg said in August.

    Many of the changes that are being put in place to clean up the Facebook platform will be expensive and could have an impact on growth, putting a brake on the ad-revenue machine that Ms. Sandberg built. In July, when Facebook reported that a surprise slowdown in revenue growth for the second quarter was likely to continue along with an unexpected increase in costs for security and privacy, investors shaved almost $120 billion in value from the company’s valuation—the biggest one-day loss ever for a U.S.-listed company.

    https://www.wsj.com/articles/sheryl-sandberg-leans-into-a-gale-of-bad-news-at-facebook-1536085230

  • Consider these things before jumping ship with your coworkers

    Furthermore, if you’re generally happy at work and have a bunch of colleagues leaving, that could serve as an opportunity for you to take over some of their responsibilities and prove what a valuable asset you are to the company. Being that person who shows those incoming new hires the ropes can also help you stand out to your employer and perhaps pave the way to a promotion.

    On the other hand, if you’re not necessarily in love with your job and don’t see a compelling reason to stay, you might consider jumping ship along with your colleagues. This especially holds true if your work is collaborative in nature, and you feel that losing those coworkers will substantially impact day-to-day life at the office.

    https://www.fastcompany.com/90228545/consider-these-things-before-jumping-ship-with-your-coworkers

Posted on

Supplier Report: 8/17/2018

The Source: All about the chip: joey lombardi

CPUs are the main story this week. As companies like AMD develop better processors and better manufacturing methods, former CPU champ Intel is finding ways to divest. The company purchased another AI company to add to their Movidius unit.  Can Intel fend off AMD and companies like Foxconn (who are supporting China’s agenda of creating their own processors)?

Cisco’s strategy to focus on software seems to be paying off as the company saw growth of 6% over last year.

Acquisitions

  • Intel buys deep-learning startup Vertex.AI to join its Movidius unit

    Vertex says that Intel will continue to develop PlaidML as an open source project (see its Github page here), where it will continue to support a variety of hardware under an Apache 2.0 license with an Intel nGraph backend. “We are excited to advance flexible deep learning for edge computing as part of Intel,” the company said.

    Intel, once a pace-setter and leader in the computing industry on the strength of its processors, has lost some momentum amid a new wave of companies building processors for mobile and other next-generation devices.

    https://techcrunch.com/2018/08/16/intel-buys-deep-learning-startup-vertex-ai-to-join-its-movidius-unit/

  • Amazon in Running to Acquire Landmark Movie Chain

    Pushing into movie theaters would follow Amazon’s expansion into myriad other forms of media, including a film and TV studio and music service. With Landmark, it gets a chain focused on independent and foreign films that was founded in 1974. The company has more than 50 theaters, including high-profile locations in New York, Philadelphia, Chicago, Los Angeles and San Francisco, with about 250 screens in 27 markets.

    https://www.bloomberg.com/news/articles/2018-08-16/amazon-is-said-to-be-in-running-to-acquire-landmark-movie-chain

Artificial Intelligence

  • IBM pushes back on negative Watson Health stories

    In response to the claims, Kelly noted a number of positives for the company, including a Mayo Clinic poster presentation showing improved enrollment in breast cancer trials following implementation of Watson for Clinical Trial Matching and training from Memorial Sloan Kettering on 13 different cancers, which he says represents 80% of the global cancer incidence and prevalence.

    Kelly also noted an extended contract with the Dept. of Veterans Affairs, research showing that its Watson for Genomics found new actionable mutations in 32% of patients and high rates of concordance in breast cancer at Manipal Hospital’s multidisciplinary tumor board.

    https://www.massdevice.com/ibm-pushes-back-on-negative-watson-health-stories/

Cloud

  • Google defends controversial China project in meeting with employees

    “Our stated mission is to organize the world’s information,” Pichai added. “China is one-fifth of the world’s population. I think if we were to do our mission well, I think we have to think seriously about how we do more in China. I genuinely do believe we have a positive impact when we engage around the world and I don’t see any reason why that would be different in China.”

    https://www.theverge.com/2018/8/16/17707324/google-china-search-engine-censorship-response-meeting

Security

  • Teen Allegedly Hacked Into Apple’s Network, Got Caught With ‘Hacky Hack Hack’ Folder

    It’s unclear whether the data he accessed was particularly sensitive. Apple caught the teen and alerted the FBI, which in turn worked with the Australian Federal Police (AFP) to track down the hacker. Authorities seized two laptops, a phone, and a hard drive. They found a folder on one of his computers titled “Hacky Hack Hack,” according to reports.

    https://motherboard.vice.com/en_us/article/mb44nn/autralian-teen-hacked-apple-network

  • FBI Is Reportedly Warning Banks That Hackers Are Planning to Make A Global Run on ATMs

    “The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an ‘unlimited operation,’” the FBI letter to banks reads.

    Unlimited operations use malware to gain access to the card information of bank customers and access to the banks’ networks.

    “The cyber criminals typically create fraudulent copies of legitimate cards by sending stolen card data to co-conspirators who imprint the data on reusable magnetic strip cards, such as gift cards purchased at retail stores,” the FBI letter said. “At a pre-determined time, the co-conspirators withdraw accounts funds from ATMs using these cards.”

    https://motherboard.vice.com/en_us/article/ywke7w/fbi-is-reportedly-warning-banks-that-hackers-are-planning-to-make-a-global-run-on-atms

Software/SaaS

  • Cisco Extends Growth Streak on Strong Software Sales

    Cisco’s streak—the company generated $12.84 billion in total revenue in its fiscal fourth quarter, up 6% from a year earlier—comes after two years of declines during which it faced increasing pressure from competitors while it relied heavily on slower-growth hardware sales.

    And the company expects the run to continue, providing guidance that calls for revenue growth of between 5% and 7% in the current quarter.

    Cisco has seen its financial fortunes improve, as it focused on software sales, particularly in the security arena. Revenue in its security segment revenue jumped 12% to $627 million.

    https://www.wsj.com/articles/cisco-extends-growth-streak-on-strong-software-sales-1534377123

Datacenter/Hardware

  • AMD Set to Crack Intel’s Lock on Data Centers

    There is an opening for AMD because Intel has struggled to transition to a new chip-manufacturing process. One of the companies that makes AMD’s chips, Taiwan Semiconductor Manufacturing , or TSMC, has moved ahead of Intel and is producing the latest version of AMD’s Epyc server processor, which is expected to start shipping in volume next year. Intel doesn’t intend to launch a server chip based on its newest production process until sometime in 2020.

    https://www.wsj.com/articles/amd-set-to-crack-intels-lock-on-data-centers-1534439566

  • Foxconn Posts Unexpected Drop in Profit

    Taiwan-based Foxconn said Monday that its net profit for the quarter ended June 30 was 17.5 billion New Taiwan dollars ($566.7 million). That compared with the NT$20.2 billion average estimate of analysts polled by S&P Capital IQ. Its net profit in the year-earlier quarter was NT$17.9 billion.

    Foxconn, known formally as Hon Hai Precision Industry Co. 2317 0.12% , is the world’s largest contract electronics maker, and is best known for assembling Apple’s iPhones. Last year, Foxconn relied on Apple for about 54% of its revenue, according to Arthur Liao, an analyst at Fubon Research.

    https://www.wsj.com/articles/foxconn-posts-unexpected-drop-in-profit-1534163275

  • Foxconn Pursues Chip Ambitions With Plans for China Plant

    Foxconn said it is developing plans within the partnership, which includes “other stakeholders” in the city. “We will be prepared to announce these plans when they have been finalized in the coming months,” the Taiwan-based company said.

    The initiative comes at a time when China is spending billions of dollars to nurture its own semiconductor industry and reduce its reliance on foreign technology, an effort that has grown more urgent as its attempts to acquire U.S. chip companies have met opposition from the U.S. over national-security concerns.

    https://www.wsj.com/articles/foxconn-to-build-semiconductor-plant-in-chinas-pearl-river-delta-1534498173?ns=prod/accounts-wsj

Photo by Brian Kostiuk on Unsplash