Tag: Amazon

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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

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News You Can Use: 9/19/2018

  • ‘Right to be forgotten’ could threaten global free speech, say NGOs

    In the latest ECJ case to be heard in Luxembourg on Tuesday, the French data regulator is seeking to extend that power so that it applies universally. That would permit national regulators to hide articles deemed unacceptable not only from their own cyberspace such as google.fr, but also from global domains including google-com and from those of other countries.

    Google is resisting the claim on the grounds that it would set a precedent for authoritarian regimes to limit free speech.

    France’s data regulator, the Commission Nationale de l’Informatique et des Libertės (CNIL), has argued that if it upholds a complaint by a French citizen, search engines such as Google should not only be compelled to remove links from google.fr but all Google domains.

    https://www.theguardian.com/technology/2018/sep/09/right-to-be-forgotten-could-threaten-global-free-speech-say-ngos

  • Across the U.S., 5G Runs Into Local Resistance

    All four national cellphone companies are pushing to build out their networks with a profusion of small, local cells to keep their data-hungry customers satisfied and lay the groundwork for fifth-generation, or 5G, service.

    Those plans face pushback in many places, and not just from residents. Officials in some cities say they don’t have enough staff to process applications for dozens or even hundreds of new installations. In some smaller towns, officials say they lack the expertise to review the new technology, though they’re working fast to get up to speed.

    https://www.wsj.com/articles/across-the-u-s-5g-network-builders-run-into-local-resistance-1536692258

  • Population bombs and low-fertility countries
  • Amazon’s Jeff Bezos: Big Businesses Should Be Scrutinized, Not Vilified

    “All big institutions of any kind will be and should be scrutinized,” Mr. Bezos said. “It’s not personal. It’s kind of what we want to have as a society happen.”

    The same scrutiny should apply to U.S. presidents, Mr. Bezos said, without naming Mr. Trump. Mr. Bezos said it is important for politicians not to vilify big businesses since they can create so much value.

    “There are certain things that only big companies can do,” Mr. Bezos said. “Nobody in their garage is going to build an all-fiber fuel-efficient Boeing 787.”

    https://www.wsj.com/articles/amazons-jeff-bezos-big-businesses-should-be-scrutinized-but-not-vilified-1536897242?ns=prod/accounts-wsj

  • The YouTube stars heading for burnout: ‘The most fun job imaginable became deeply bleak’

    Lees began to feel a knock-on effect on his health. “Human brains really aren’t designed to be interacting with hundreds of people every day,” he says. “When you’ve got thousands of people giving you direct feedback on your work, you really get the sense that something in your mind just snaps. We just aren’t built to handle empathy and sympathy on that scale.” Lees developed a thyroid problem, and began to experience more frequent and persistent stretches of depression. “What started out as being the most fun job imaginable quickly slid into something that felt deeply bleak and lonely,” he says.

    https://www.theguardian.com/technology/2018/sep/08/youtube-stars-burnout-fun-bleak-stressed

Photo by Tadeusz Lakota on Unsplash

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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: 9/1/2018

The Source: Corporate Values and the open road

The fight between Oracle and Google isn’t over… according to Google. The company vows to fight the most recent software ruling (in favor of Oracle) all the way to the Supreme Court.

Apple bought a company focused on AR lenses. Will the company release “Apple Glass” and pretend they were first and everyone wearing AR glasses looks cool?

Microsoft is requiring suppliers in their supply chain to give employees paid family leave. This is another example (after Apple) of how a large company can promote benefits and well being outside of their organization.

Acquisitions

  • Apple buys startup focused on lenses for AR glasses

    Apple confirmed it acquired Longmont, Colorado-based Akonia Holographics. “Apple buys smaller companies from time to time, and we generally don’t discuss our purpose or plans,” the iPhone maker said in a statement.

    Akonia could not immediately be reached for comment. The company was founded in 2012 by a group of holography scientists and had originally focused on holographic data storage before shifting its efforts to creating displays for augmented reality glasses, according to its website.

    https://www.reuters.com/article/us-apple-tech/apple-buys-startup-focused-on-lenses-for-ar-glasses-idUSKCN1LE2VS

  • Cognizant to Acquire SaaSfocus to Expand Salesforce Cloud Consulting Capabilities

    Cognizant (Nasdaq : CTSH ) today announced it has agreed to acquire SaaSfocus, a privately-held consulting firm specializing in digital transformation, leveraging the Salesforce Platform. The transaction is expected to close in the fourth quarter of 2018, subject to certain closing conditions. Financial details were not disclosed.

    SaaSfocus is one of the largest independent Salesforce Platinum consulting partners in the Asia-Pacific (APAC) region with operations across Australia and India. The acquisition will expand Cognizant’s end-to-end digital transformation services and Salesforce cloud capabilities in these growing markets.

    https://www.prnewswire.com/news-releases/cognizant-to-acquire-saasfocus-to-expand-salesforce-cloud-consulting-capabilities-300701228.html

  • Trump says Amazon, Facebook, and Google represent a ‘very antitrust situation’

    “I won’t comment on the breaking up, of whether it’s that or Amazon or Facebook,” Trump said, replying to a question on whether tech companies like Facebook and Google should be regulated and potentially broken up by the US government. “As you know, many people think it is a very antitrust situation, the three of them. But I just, I won’t comment on that.” Trump reiterated his claim that “conservatives have been treated very unfairly” by Google. “I tell you there are some moments where we say, ’Wow that really is bad, what they’re doing,’” he added.

    It is not clear why Amazon is included in this latest round of criticism, as it does not operate a communications platform, but it’s likely because Trump personally dislikes Amazon CEO Jeff Bezos and The Washington Post, which Bezos owns, and has criticized Amazon frequently in the past over apparent tax issues.

    https://www.theverge.com/2018/8/30/17802566/president-donald-trump-amazon-facebook-google-antitrust-silicon-valley-liberal-bias

Cloud

  • Thailand is becoming a critical country for blockchain

    To understand how a small country like Thailand can move so quickly in the blockchain space, it’s crucial to understand the strategy of regulators and local companies. Unlike their U.S. peers, most Asian blockchain companies and exchanges work with local regulators right from the beginning, even as they are first building their products and growing their communities. These teams use formal and informal relationships to get buy-in from their respective local governments in order to bolster their credibility. This pattern is particularly true for Southeast Asian countries such as Thailand.

    https://techcrunch.com/2018/08/31/thailand-blockchain/

Security

  • Yahoo, Bucking Industry, Scans Emails for Data to Sell Advertisers

    Yahoo’s owner, the Oath unit of Verizon Communications Inc has been pitching a service to advertisers that analyzes more than 200 million Yahoo Mail inboxes and the rich user data they contain, searching for clues about what products those users might buy, said people who have attended Oath’s presentations as well as current and former employees of the company.

    Oath said the practice extends to AOL Mail, which it also owns. Together, they constitute the only major U.S. email provider that scans user inboxes for marketing purposes.

    https://www.wsj.com/articles/yahoo-bucking-industry-scans-emails-for-data-to-sell-advertisers-1535466959

Software/SaaS

  • Oracle v. Google ain’t over yet — Google vows it’ll appeal to Supreme Court

    The search giant said Tuesday that it’ll appeal the case to the Supreme Court, after a federal appeals court declined to rehear the case in which it determined the company’s use of Java software from Oracle went beyond the bounds of fair use. Oracle had previously asked for $8.8 billion in damages.

    “We are disappointed that the Federal Circuit overturned the jury finding that Java is open and free for everyone,” a Google spokeswoman said in a statement. “We will appeal to the Supreme Court to defend this principle against companies like Oracle, whose restrictive practices threaten to stifle the work of new generations of tech developers.”

    https://www.cnet.com/news/oracle-v-google-aint-over-yet-google-vows-itll-appeal-to-supreme-court/

Other

  • Amazon Is Beefing With Bernie Sanders Over Its Treatment of Employees

    Even Amazon’s attempt to quell concerns about its employees using the SNAP program fell flat. It starts by giving Sanders grief for referring to the program as food stamps, and then states that those numbers “include people who only worked for Amazon for a short period of time and/or chose to work part-time,” implying that part-time employees needing to rely on food stamps is reasonable.

    Sanders used Amazon’s rebuttals to fuel his fire, tweeting on Wednesday that the company should “prove” its claims by “mak[ing] public the number of people you hire through temporary staffing agencies like Integrity Staffing Solutions and make public the hourly rate and benefits those workers earn.”

    https://motherboard.vice.com/en_us/article/ev8eqp/amazon-is-beefing-with-bernie-sanders-over-its-treatment-of-employees

  • Microsoft to Require Its Suppliers, Contractors to Give Paid Family Leave

    The policy applies to Microsoft vendors with more than 50 employees and covers workers given substantial assignments for Microsoft. For example, a staffing agency that provides information-technology professionals to Microsoft and other clients would only have to cover employees assigned to Microsoft. It will impact thousands of workers around the country, the company said.

    The paid leave benefit requirement will be capped at $1,000 a week in compensation, and Microsoft suppliers have 12 months to implement the change.

    https://www.wsj.com/articles/microsoft-to-require-its-suppliers-contractors-to-give-paid-family-leave-1535635800?ns=prod/accounts-wsj

Photo by Jack Antal on Unsplash