Tag: AWS

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Supplier Report: 9/29/2017

It was a very unstable week…

Equifax’s CEO is stepping down, Google is implementing organizational and policy changes in the wake of the EU ruling, HPE is cutting another 5,000 jobs, and we found out that Alexa is not HIPAA compliant… oh and IBM bought another Israeli company.

Acquisitions

  • Google Cloud acquires cloud identity management company Bitium

    Google Cloud announced today that it has acquired Bitium, a company that focused on offering enterprise-grade identity management and access tools, such as single-sign on, for cloud-based applications. This will basically help Google better manage enterprise cloud customer implementation across an organization, including doing things like setting security levels and access policies for applications working across their Cloud and G Suite offerings.

    Bitium was founded in 2012, and targets both mid market and larger enterprise customers,. It’s been offering a single-stop solution for managing Google Apps, Office 365, social network, CRM, collaboration and marketing tools, while ensuring organizations remain compliant with security standards.

    https://techcrunch.com/2017/09/26/google-cloud-acquires-cloud-identity-management-company-bitium/?ncid=rss

  • SAP buys customer identity management firm Gigya for $350M

    SAP, the German enterprise software giant, today announced an acquisition to strengthen its hybris e-commerce division. It has acquired Gigya, a firm that helps online properties manage customer identities and profiles. Terms of the deal have not been disclosed officially, but our sources tell us it is for $350 million.

    https://techcrunch.com/2017/09/24/sap-is-buying-identity-management-firm-gigya-for-350m/?ncid=rss

  • IBM acquires Israeli company Cloudigo

    IBM has acquired Israeli data centre company Cloudigo, Globes reported. No financial details were disclosed but the acquisition was for a small amount, according to sources close to the deal. Cloudigo is building next-generation data centre infrastructure and networking services.

    IBM Watson and Cloud Platform general manager John Considine said in a blog on IBM’s website that IBM had acquired a high-performance team focused on advanced networking technology that moves the networking function from the server to the edge, increasing data centre efficiency.

    https://www.telecompaper.com/news/ibm-acquires-israeli-company-cloudigo–1213172

Artificial Intelligence

  • Microsoft Aims to Make Business AI Cheaper, Faster, Simpler

    The new product, a customer-service virtual assistant, is designed to let people describe problems in their own words and respond with suggestions drawn from user manuals, help documents and similar materials. Users can request a human agent, in which case the bot will try to assist the customer-care representative. Managers can view a dashboard overview of the results.

    The bot is one of what Microsoft says will be a series of customizable programs running on the company’s Azure cloud-computing platform. The programs, called Dynamics 365 AI solutions, will draw on basic AI capabilities such as natural-language processing as well as a trove of data and algorithms from Microsoft’s Bing search engine, productivity apps and LinkedIn network.

    https://www.wsj.com/articles/microsoft-aims-to-make-business-ai-cheaper-faster-simpler-1506344400

  • Analysis: Amazon Alexa’s biggest healthcare problem? It’s not HIPAA compliant

    Alexa, Amazon’s voice technology, creates ample opportunity for physicians and health systems. For example, it could be used as for a remote patient monitoring or to help physicians transcribe notes during patient visits.

    While not all health app developers are subject to HIPAA, covered entities and their business associates must be compliant. This means developers can, for example, train Alexa to recommend advice related to health and wellness, but not record patient’s health data in a hospital setting, according to Ms. Farr.

    Amazon acknowledged this problem at its “Alexa Diabetes Challenge” event Monday in New York City. The competition invited a series of partners to promote uses for Alexa that would benefit patients with diabetes.

    https://www.beckershospitalreview.com/healthcare-information-technology/analysis-amazon-alexa-s-biggest-healthcare-problem-it-s-not-hipaa-compliant.html

  • MIT’s new robot can put on different exoskeletons to gain new powers

    These robots could prove incredibly flexible when built at scale, and in more complex configurations. You can imagine deploying a single robot with a range of “suits” to do something like explore the surface of an alien planet, or even to chart more remote portions of our own Earth, and to switch between search and rescue tasks.

    https://techcrunch.com/2017/09/27/mits-new-robot-can-put-on-different-exoskeletons-to-gain-new-powers/?ncid=rss

Cloud

  • Google Goes Tit for Tat With Amazon On Cloud Pricing

    Last week, Amazon made a huge change in how it charges businesses for its cloud services, saying it would start to bill on a per-second basis starting Oct. 2 instead of by the hour. Now rival Google is also going to per-second increments, but is making the change effective immediately.

    Google’s new price model is for its basic computing units (which it calls virtual machines, or VMs) as well as its container engine and a few other offerings. And the price covers all VMs whether they run Windows Server, Red Hat Linux or SUSE Linux operating systems. Amazon’s per-second pricing applies only to Linux, not to Windows. Google’s pricing on “persistant disk” storage attached to these VMs has been billed per second for quite some time.

    http://fortune.com/2017/09/26/google-matches-amazons-price-change/

Datacenter

  • Report: HPE to shed 5,000 jobs, or 10% of its staff, by year-end

    “If the reports are true, it is sad what has happened to HPE,” said Holger Mueller, vice president and principal analyst at Constellation Research Inc.

    Mueller said that although HPE has successfully weathered numerous industry changes in the past, it seems to be losing out in this latest transition where the focus is on things such as artificial intelligence, big data and cloud computing.

    “At some point the writing was on the wall with the end of Helion [HPE’s OpenStack cloud product] and with the sale of the software assets,” Mueller said.

    https://siliconangle.com/blog/2017/09/21/report-hpe-shed-5000-jobs-around-10-staff-end-year/

Software/SaaS

  • Microsoft is going all in on Teams and plans to phase out Skype for Business

    Microsoft Teams, the company’s Slack competitor with deep integrations into the Office 365 apps, has seen a lot of pickup over the last few months, with over 125,000 organizations now using it in one form or another. Maybe it’s no surprise, then, that the company today announced it is going all in on Teams as its core communications platform for the enterprise.

    Until now, Skype for Business was the company’s product for this. Over the course of the last few years, Microsoft improved the Skype infrastructure to allow for better and faster text chats, calls and video conferences (though some Skype users would surely argue that the quality hasn’t actually improved all that much). But as Ron Markezich, the company’s corporate VP for Office 365 noted ahead of today’s public announcement, Microsoft Teams will evolve “as the core communications client” for its cloud-connected users running Office 365. Teams will become the “hero and primary experience for all voice, video and meetings.” Over time, Teams will replace the current Skype for Business client.

    https://techcrunch.com/2017/09/25/microsoft-is-going-all-in-on-teams-and-plans-to-phase-out-skype-for-business/?ncid=rss

  • Micro Focus bosses in line for a £65m payout if they hit merger targets

    The executive chairman of Micro Focus could receive a payout of more than £26 million in two years’ time after the British company’s acquisition of Hewlett Packard’s software business.

    Kevin Loosemore has been granted options over 1.1 million shares in an additional share grant scheme intended to “incentivise management to deliver exceptional returns to shareholders”. The shares were worth £26.8 million at yesterday’s closing price of £24.36.

    https://www.thetimes.co.uk/article/micro-focus-bosses-in-line-for-a-65m-payout-if-they-hit-merger-targets-6pqrkqqgg

  • IBM Is Beating Microsoft in This Emerging Tech (Hint: BlockChain)

    Moreover, the year-over-year growth of IBM’s “strategic imperatives” (cloud, mobile, social, analytics, and security) has slowed down in recent quarters, torpedoing the bullish notion that its higher-growth businesses can offset the softness of its legacy (IT services, business software, and hardware) businesses.

    Nonetheless, the increased adoption of IBM’s blockchain solutions could strengthen its older global business services and technology/cloud platform services units, and potentially expand Big Blue’s enterprise ecosystem. Investors should also remember that the vast majority of the world’s biggest banks, telcos, and retailers still use IBM services — so it has plenty of room to expand its blockchain business.

    Therefore, IBM’s lead in the blockchain market might not matter over the next few quarters, but it could widen its moat as more companies secure and streamline their businesses with blockchain solutions.

    https://www.fool.com/investing/2017/09/21/ibm-is-beating-microsoft-in-this-emerging-tech.aspx

  • Amazon Looks to Deliver Shake Shack, Chipotle Amid Food Push (app)

    Amazon has teamed up with a company called Olo, which provides digital order and pay technology to 200 restaurant brands with about 40,000 U.S. locations, potentially giving Amazon access to a slew of delivery orders. Buca di Beppo, which runs about 90 Italian eateries, is the only Olo customer so far to publicly say it will use Amazon Restaurants.

    The $1.5 trillion U.S. food market is split roughly between groceries and restaurants. Food deliveries appeal to Amazon because of the frequency of orders, putting it in constant contact with shoppers and helping it collect valuable data about their preferences even if they don’t make much, if any, money on individual transactions.

    https://www.bloomberg.com/news/articles/2017-09-22/amazon-looks-to-deliver-shake-shack-chipotle-in-restaurant-push

Other

  • IBM Now Has More Employees in India Than in the U.S.

    Today, the company employs 130,000 people in India — about one-third of its total work force, and more than in any other country. Their work spans the entire gamut of IBM’s businesses, from managing the computing needs of global giants like AT&T and Shell to performing cutting-edge research in fields like visual search, artificial intelligence and computer vision for self-driving cars. One team is even working with the producers of Sesame Street to teach vocabulary to kindergartners in Atlanta.

    https://www.nytimes.com/2017/09/28/technology/ibm-india.html

  • Amazon is hiring 2,000 people in New York City as the $5 billion bidding war for its new headquarters rages

    The online retail giant is hiring 2,000 more employees over the next three years at a new office in New York City. The office is part of the Manhattan West megadevelopment on the west side of Manhattan.

    The company is leasing 360,000 square feet at 5 Manhattan West, with space for its advertising, Amazon Fashion, and Amazon Web Services teams.

    http://www.businessinsider.com/amazon-hiring-2000-people-for-new-nyc-office-2017-9

  • Equifax CEO Richard Smith to Exit Following Massive Data Breach

    Equifax Inc. moved to take concrete action over its massive hack ahead of congressional hearings next week, announcing Tuesday that Chairman and Chief Executive Richard Smith would step aside while leaving the door open to compensation clawbacks.

    Mr. Smith, CEO since 2005, is being succeeded as chairman by current director, Mark Feidler, who will serve as nonexecutive chairman, Equifax’s board said. It added that Paulino do Rego Barros Jr., who was most recently Equifax’s president for the Asia-Pacific region, has been appointed interim CEO.

    https://www.wsj.com/articles/equifax-ceo-richard-smith-to-retire-following-massive-data-breach-1506431571

  • SEC Draws Scrutiny for Slow Response to Hack

    The SEC’s new chairman, Jay Clayton, uncovered the extent of the hack only after he launched a wholesale review of the agency’s cybersecurity vulnerabilities in the spring, according to a statement he released this week. The SEC’s other commissioners learned about the hack in recent days. A former chief operating officer wasn’t told about the intrusion when it was detected last year.

    The pace of discovery and the way that information was disclosed is likely to increase scrutiny of an agency that in recent years has pushed financial firms to gird against attacks and urged public companies to tell shareholders about the risks of cyberintrusions. Information about the hack was included in a lengthy statement by Mr. Clayton about the agency’s cybersecurity program that was released just after 8 p.m. on Wednesday evening. The agency didn’t say when the hack occurred or what information hackers accessed.

    https://www.wsj.com/articles/top-sec-officials-only-recently-learned-of-2016-company-database-hack-1506017614

  • Uber Loses Its License to Operate in London

    The decision on Friday by Transport for London, which is responsible for the city’s subways and buses, as well as regulating its taxicabs, illustrates the gravity and severity of the issues confronting Uber.

    The agency took direct aim at Uber’s corporate culture, declaring that the company’s “approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications.”

    Uber’s London license will expire on Sept. 30. But the company has been given 21 days to appeal — it immediately vowed to do so — and will be allowed to continue operating in the city during the appeal process.

    https://www.nytimes.com/2017/09/22/business/uber-london.html

  • The EU Suppressed a 300-Page Study That Found Piracy Doesn’t Harm Sales

    The report found that illegal downloads and streams can actually boost legal sales of games, according to the report. The only negative link the report found was with major blockbuster films:“The results show a displacement rate of 40 percent which means that for every ten recent top films watched illegally, four fewer films are consumed legally.”

    The study has only come to light now because Julia Reda, a Member of the European Parliament representing the German Pirate Party, posted the report on her personal blog after she got ahold of a copy through an EU Freedom of Information access to document request.

    https://gizmodo.com/the-eu-suppressed-a-300-page-study-that-found-piracy-do-1818629537

  • Google Offers Concessions to Europe After Record Antitrust Fine

    Google said the changes would be introduced early on Thursday morning, meeting a deadline to open up its shopping platform to greater competition or potentially face further fines from the European Commission, the European Union’s executive arm. As a result, about a dozen shopping sites from companies besides Google could become more visible and accessible.

    https://www.nytimes.com/2017/09/27/business/google-eu-antitrust.html

Photo: Jakob Owens

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Supplier Report: 9/22/2017

Google is showing the world that crafting hardware is a major ambition for them with the purchase of phone maker HTC’s research division. Google seems to be developing a pattern of buying phone companies for intellectual property (see Motorola), but at least they didn’t buy the entire company this time.

Larry Ellison doing what he does best… making sound-bytes.  Larry talked about AWS pricing, the Equifax hack, and Oracle’s new autonomous database product. While I like to poke fun at Larry’s bombastic ways on the podcast, I agree with most of his statements this week.

Oh… and there are rumors of a Sprint and T-Mobile merger for the 1,000,000th time.

Acquisitions

  • Google to Buy Part of Phone Maker HTC

    With the acquisition, Google may get deeper access to HTC’s research and development, as well as sales and distribution channels, analysts said. That could help Google as it seeks to make a bigger splash in the increasingly competitive smartphone market as it prepares to launch an updated version of the Pixel this fall.

    The deal shows “Google is very serious about building its own hardware,” said Jan Dawson, chief analyst at Jackdaw Research.

    https://www.wsj.com/articles/google-is-set-to-buy-part-of-taiwanese-phone-maker-htc-1505934852
    So why did they sell Motorola again (they took a big loss on that sale)?

  • T-Mobile and Sprint are in active talks about a merger

    Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner.

    People close to the situation stress that negotiators are still weeks away from finalizing a deal and believe the chances of reaching an agreement are not assured. The two sides have not yet set an exchange ratio for a deal, but are currently engaged in talks to hammer out a term sheet.

    https://www.cnbc.com/2017/09/19/t-mobile-and-sprint-are-in-active-talks-about-a-merger.html

  • Slack lands $250M funding round led by Japan’s Softbank Group

    The company said on Sunday it has just closed on a $250 million funding round led by the Japanese telecommunications and Internet giant, which saw the participation of Accel Partners and other investors. The announcement confirms a rumor that first surfaced in July that said Softbank was looking to invest in the company.

    The new round means that Slack is now valued at $5.1 billion, up from its previous $3.8 billion valuation, Bloomberg reported. However, that figure remains well below the reported $9 billion takeover price that was bandied about when rumors emerged that cloud computing giant Amazon Web Services Inc. was interested in acquiring the company.

    https://siliconangle.com/blog/2017/09/17/slack-lands-250m-funding-round-led-japans-softbank-group/

Artificial Intelligence

  • Computers Are Taking Design Cues From Human Brains

    Now, computer engineers are fashioning more complex systems. Rather than funneling all tasks through one beefy chip made by Intel, newer machines are dividing work into tiny pieces and spreading them among vast farms of simpler, specialized chips that consume less power.

    Changes inside Google’s giant data centers are a harbinger of what is to come for the rest of the industry. Inside most of Google’s servers, there is still a central processor. But enormous banks of custom-built chips work alongside them, running the computer algorithms that drive speech recognition and other forms of artificial intelligence.

    https://www.nytimes.com/2017/09/16/technology/chips-off-the-old-block-computers-are-taking-design-cues-from-human-brains.html

  • Google’s AI chief thinks reports of the AI apocalypse are greatly exaggerated

    The company also needs to share the architecture of its AI products because Google wants to avoid biases as much as possible. “We have been spending a lot of time looking at machine learning fairness,” Giannandrea said. “If your data is biased, then you build biased systems. We have many efforts at Google and research collaboration around this question of fairness in machine learning and unbiased data.”

    And finally, the term artificial intelligence itself might not be the right one. According to Giannandrea, artificial intelligence doesn’t mean much. “I almost try to shy away from this term artificial intelligence — it’s kind of like big data,” he said. “It’s such a broad term, it’s really not well defined. I’ve been trying to use the term machine intelligence.”

    https://techcrunch.com/2017/09/19/googles-ai-chief-thinks-reports-of-the-ai-apocalypse-are-greatly-exaggerated/?ncid=rss

Cloud

  • Amazon Web Services will now charge by the second, its biggest pricing change in years

    The move is historically significant. Since AWS became available in 2006, it has charged by the hour. Then, in 2013, Alphabet’s Google, which had introduced its direct competitor to AWS a year earlier, said it would start charging by the minute, after a 10-minute minimum. Microsoft’s Azure followed suit shortly thereafter.

    Now Amazon is hitting back by becoming even more granular when it comes to making people pay only for the computing resources they use, with a one-minute minimum.

    The price change is only applicable for Linux virtual machines, AWS’ chief evangelist, Jeff Barr, wrote in a blog post.

    https://www.cnbc.com/2017/09/18/aws-starts-charging-for-ec2-by-the-second.html

  • Amazon’s AWS is Now Hosting the Defense Department’s Most Classified Data

    Earlier this week, the DoD granted Amazon a provisional authorization to host its Impact Level 5 workloads, which are the Pentagon’s and U.S. military’s most classified information. Only two other tech companies are allowed to store this data: Microsoft MSFT and IBM IBM .

    “This further bolsters AWS as an industry leader in helping support the DoD’s critical mission in protecting our security,” said Amazon in a statement . “The AWS services support a variety of DoD workloads, including workloads contained sensitive controlled unclassified information and National Security Systems information.”

    http://www.nasdaq.com/article/amazons-aws-is-now-hosting-the-defense-departments-most-classified-data-cm846402

  • Oracle’s Larry Ellison pokes Amazon again with new cloud pricing plan

    Actually, Ellison claimed that Oracle’s infrastructure runs faster and therefore ends up costing less, but it’s clear that the company is focusing more on its traditional strengths one tier up from the infrastructure: so-called platform as a service offerings such as the Oracle Database. So today, Oracle said it will allow customers to move their existing licenses for databases, middleware and analytics to Oracle’s platform services, just as they’ve allowed them to bring licenses to its infrastructure before.

    “The way we want to compete is to deliver a high degree of automation to our customers,” Ellison told press, customers and Oracle employees at the event. And the biggest payback, he said, will be in eliminating human error. “If you don’t patch the database at Equifax, thatoraclecloudpricing could be expensive,” he said pointedly.

    https://siliconangle.com/blog/2017/09/19/oracles-larry-ellison-pokes-amazon-new-cloud-pricing-plan/

Software/SaaS/Security

  • Equifax Breach ‘Won’t Be Isolated Incident,’ Says Oracle Founder Larry Ellison

    Warning that the world is in the midst of “a cyber war that’s going to be going on for a long, long time,” Ellison said the challenge for not only Oracle but the tech industry overall is to dramatically enhance its cybersecurity capabilities across two very different types of environments: the data centers many big customers currently operate, and the cloud-computing data centers to which many businesses are turning for their computing, applications, and storage needs.

    And the key technology in this counteroffensive, Ellison said, is machine learning—and specifically how it can enhance cybersecurity via extensive analysis of log data.

    “Based on machine learning, this new version of Oracle Database is a totally automated and self-driving system that does not require a human being either to manage the database or tune the database (emphasis mine),” Ellison said.

    “Using artificial intelligence to eliminate most sources of human error enables Oracle to deliver unprecedented reliability in the Cloud.”

    https://www.forbes.com/sites/bobevans1/2017/09/20/equifax-breach-wont-be-isolated-incident-says-oracle-founder-larry-ellison/#4d418e1fce3b

Other

  • Google Has Spent Over $1.1 Billion on Self-Driving Tech

    Now, a court filing in Waymo’s epic and ongoing lawsuit against Uber has accidentally revealed just how big a bet Google placed on autonomous vehicles. Between Project Chauffeur’s inception in 2009 and the end of 2015, Google spent $1.1 billion on developing its self-driving software and hardware, according to a recent deposition of Shawn Bananzadeh, a financial analyst at Waymo.

    Bananzadeh was testifying as part of the lawsuit, in which Uber stands accused misappropriating trade secrets and violating patents from Waymo, Google’s self-driving-car offshoot. Because Waymo has yet to commercialize any of its technology in a meaningful way, the company thinks any damages in the case should be calculated on the basis of how much it spent building the technology in question.

    https://spectrum.ieee.org/cars-that-think/transportation/self-driving/google-has-spent-over-11-billion-on-selfdriving-tech

  • Cisco Chairman John Chambers to Step Down, Ending an Era at Tech Company

    Mr. Chambers, who has been executive chairman for two years and chairman since 2006, notified board members of his decision in an email last Wednesday.

    “It is time for Cisco to move on to its next generation of leadership,” he said in the letter. “It is also time for me to move on to the next chapter of my life, on both a personal and business level.”

    Cisco plans to appoint Chief Executive Chuck Robbins, 51 years old, to fill the role.

    Mr. Chambers, 68, was Cisco’s CEO for more than 20 years ending in 2015, when Mr. Robbins took over. Neither Mr. Chambers nor Cisco shared details about his next plans.

    https://www.wsj.com/articles/cisco-chairman-john-chambers-wont-stand-for-re-election-1505742050?mg=prod/accounts-wsj

  • Equifax Stock Sales Are the Focus of U.S. Criminal Probe

    The federal probes add a serious challenge to Equifax as lawmakers, state attorneys general and regulators scrutinize the breach that may have compromised the privacy of 143 million U.S. consumers. Equifax shares were little changed. The shares have fallen 35 percent since the breach was disclosed after market close in New York on Sept. 7.

    Investigators are looking at the stock sales by Equifax’s chief financial officer, John Gamble; its president of U.S. information solutions, Joseph Loughran; and its president of workforce solutions, Rodolfo Ploder, said two of the people, who asked not to be named because the probe is confidential.

    https://www.bloomberg.com/news/articles/2017-09-18/equifax-stock-sales-said-to-be-focus-of-u-s-criminal-probe

Photo: ANGELA FRANKLIN

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Supplier Report: 9/8/2017

HPE had a crazy week where they finally cast off their software division, they purchased a cloud migration company, and saw their stock jump in value.  As all of these good things occured, Meg Whiteman announced another simplification of HPE’s strategy called HPE Next.  So I am not the one to say it, many IT journalists highlighted that’s what the last two years were supposed to be.

IBM is making smart moves as they committed to spending $240M with MIT on AI projects over the next decade. Big Blue also secured the US Army for another 33 months on their secure cloud platform.

Locally, Microsoft announced they are closing their Philadelphia Reactor office after 16 months. Philly might have a shot at a massive rebound as Amazon is looking for a city to create a 2nd HQ.

Acquisitions

  • HPE Shopping Spree Continues With Purchase of This Cloud Specialist

    Hewlett-Packard Enterprise said Tuesday that it will acquire Cloud Technology Partners, a Boston-based company that helps business customers plan and build cloud computing capabilities.

    Terms of the deal were not disclosed.

    Seven-year-old CTP works with businesses to determine which cloud technology—be it from Microsoft, Amazon Web Services, Google, or the non-vendor aligned OpenStack—is best for the customer’s needs. It then helps corporate customers plan out how they will run their information technology on that cloud (or clouds, if spread out across multiple vendors).

    http://fortune.com/2017/09/05/hpe-buys-cloud-technology/

  • Hewlett Packard Enterprise to complete software spin-off

    Hewlett Packard Enterprise Co (HPE.N) completed the spin-off of much of its software business early on Friday, closing the door on the disastrous 2011 acquisition of British firm Autonomy and narrowing the company’s focus to data center hardware and software.

    The enterprise software businesses, which include the widely used ArcSight security platform, have been merged with Micro Focus International Plc (MCRO.L), a British software company. HPE was formed when the company once known as Hewlett-Packard split into HPE and HP Inc in November 2015.

    http://www.reuters.com/article/us-hewlett-packard-spinoff/hewlett-packard-enterprise-to-complete-software-spin-off-idUSKCN1BC40S

  • 10 of the most-funded startups to fail in 2017

    Juicero shut down after launching just 16 months prior. The company managed to raise more than $118 million from prominent VCs like Google Ventures, Kleiner Perkins and even Campbell Soup Company.

    Yet the company suffered greatly from a Bloomberg article that revealed the company’s proprietary juice packs did not require the $400 machine and could be squeezed by hand. Raised $118.5 million in 4 Rounds from 17 Investors.

    https://techcrunch.com/gallery/10-of-the-most-funded-startups-to-fail-in-2017/?ncid=rss

  • Amazon is looking for a 2nd headquarter city, a ‘full equal to Seattle’

    At full-capacity, the site would be expected to be of similar, or even bigger, size to the Seattle operation, which today is a major cornerstone of Seattle’s business life, employing 40,000 people, covering 8.1 million square feet with 33 buildings including 24 restaurants. HQ2, as Amazon is calling the new headquarters, is expected to employ 50,000 and will get $5 billion in investment, the company said.

    “We expect HQ2 [the name Amazon is using] to be a full equal to our Seattle headquarters,” said Jeff Bezos, Amazon founder and CEO, in a statement. “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.”

    https://techcrunch.com/2017/09/07/amazon-is-looking-for-a-2nd-headquarter-city-a-full-equal-to-seattle/?ncid=rss

    No, I am not biased at all…

  • Is Symantec getting ready to buy Splunk?

    Clark definitely plans to go whale hunting to regain Symantec’s long-lost security position. Symantec expects to grow 3 percent to 5 percent in 2018. Compare that to Splunk, which projects to grow upwards of 20 percent this year and generate $1.2 billion revenues, up from $950 million last year, and it’s not hard to see why Clark is interested.

    https://techcrunch.com/2017/09/06/is-symantec-getting-ready-to-buy-splunk/?ncid=rss

Artificial Intelligence

  • Oracle adds new AI, data tools for harnessing connected devices

    The Digital Twin capability is rolling out alongside new AI features designed to ease the task of analyzing operational data. Oracle executive Bhagat Nainani told VentureBeat that they provide drag-and-drop controls, which should help accommodate regular business workers. Users can harness the tools to look for operational anomalies and predict potential technical problems in advance.

    These features are joined by several offerings that focus on more specialized tasks. The first is Digital Thread, a framework that Oracle has built to simplify the flow of operational data among a company’s backend systems. The rest are prepackaged solutions that apply existing IoT Cloud services to automating field support, fleet management and factory work.

    https://siliconangle.com/blog/2017/08/31/oracle-adds-new-ai-data-tools-harnessing-connected-devices/

  • IBM and MIT pen 10-year, $240M AI research partnership

    IBM and MIT came together today to sign a 10-year, $240 million partnership agreement that establishes the MIT-IBM Watson AI Lab at the prestigious Cambridge, MA academic institution.

    The lab will be co-chaired by Dario Gil, IBM Research VP of AI and Anantha P. Chandrakasan, dean of MIT’s School of Engineering.

    Big Blue intends to invest $240 million into the lab where IBM researchers and MIT students and faculty will work side by side to conduct advanced AI research. As to what happens to the IP that the partnership produces, the sides were a bit murky about that.

    https://techcrunch.com/2017/09/06/ibm-and-mit-pen-10-year-240m-ai-research-partnership/?ncid=rss
    Smart move by IBM… get the future thinkers to get hooked on their platform early.

Cloud

  • Army Re-Ups with IBM for $135 Million in Cloud Services

    The 33-month, $135 million contract represents a successful re-compete of work that LOGSA signed with IBM in September 2012. Under that managed services agreement, the Army pays only for cloud services that it actually consumes. The efficiencies created by this arrangement have enabled the Army to avoid about $15 million per year in operational costs – a significant yield for the Army and taxpayers.

    http://www.prnewswire.com/news-releases/army-re-ups-with-ibm-for-135-million-in-cloud-services-300514471.html

Datacenter

  • Oracle cuts hundreds of hardware jobs in Silicon Valley amid cloud push

    Oracle Corp. is cutting 983 jobs, mostly in its hardware division in Santa Clara, the Mercury News reported, citing filings with the state labor department. The cuts come as Oracle is adding thousands of jobs globally in its cloud computing division and follow hardware layoffs earlier this year.

    The Redwood City-based company is cutting 615 jobs in its hardware division in Santa Clara and the rest in its Solaris operating system division, the Mercury News reported. Oracle declined to comment on the layoffs to the publication.

    https://www.bizjournals.com/sanjose/news/2017/09/06/oracle-layoffs-hardware-santa-clara-cloud-hiring.html

  • Dell Technologies Announces Multi-Year Agreement with GE

    Dell Technologies announces that GE, the world’s largest digital industrial company, has signed a multi-year commitment to use Dell Inc. infrastructure and end-user computing solutions to support GE’s ongoing digital transformation efforts. Under the agreement, Dell Inc. becomes the primary IT infrastructure supplier for GE. The deal is one of the largest non-government contracts in Dell Technologies, Dell or EMC history.

    GE will use Dell EMC servers, storage, backup and related professional services, enabling the company to enhance the reliability and efficiency of its IT infrastructure with automated and flash-optimized solutions. In addition, GE will use Dell client solutions and peripherals to drive workforce transformation and an improved end-user experience for GE employees worldwide.

    http://www.fox34.com/story/36309393/dell-technologies-announces-multi-year-agreement-with-ge

Other

  • Follow-up: Yes, Google Uses Its Power to Quash Ideas It Doesn’t Like—I Know Because It Happened to Me

    After the meeting, I approached Google’s public relations team as a reporter, told them I’d been in the meeting, and asked if I understood correctly. The press office confirmed it, though they preferred to say the Plus button “influences the ranking.” They didn’t deny what their sales people told me: If you don’t feature the +1 button, your stories will be harder to find with Google.

    With that, I published a story headlined, “Stick Google Plus Buttons On Your Pages, Or Your Search Traffic Suffers,” that included bits of conversation from the meeting.

    Google never challenged the accuracy of the reporting. Instead, a Google spokesperson told me that I needed to unpublish the story because the meeting had been confidential, and the information discussed there had been subject to a non-disclosure agreement between Google and Forbes. (I had signed no such agreement, hadn’t been told the meeting was confidential, and had identified myself as a journalist.)

    It escalated quickly from there. I was told by my higher-ups at Forbes that Google representatives called them saying that the article was problematic and had to come down. The implication was that it might have consequences for Forbes, a troubling possibility given how much traffic came through Google searches and Google News.

    http://gizmodo.com/yes-google-uses-its-power-to-quash-ideas-it-doesn-t-li-1798646437

  • Wells Fargo Admits To Nearly Twice As Many Possible Fake Accounts — 3.5 Million

    On Thursday, the bank acknowledged it had created more bogus customer accounts than previously estimated. An outside review discovered that 1.4 million more potentially unauthorized accounts were opened between January 2009 and September 2016.

    That brings the total to 3.5 million potentially fake accounts — two-thirds more than the 2.1 million the bank had previously acknowledged.

    http://www.npr.org/sections/thetwo-way/2017/08/31/547550804/wells-fargo-admits-to-nearly-twice-as-many-possible-fake-accounts-3-5-million

  • Should Procurement Be Negotiating Harder With Oracle?

    But as a procurement person, of course we were drawn to the size of Ms Wilson’s bonus. So just short of 10% of the value of the deal went straight into the pockets of the Oracle sales person. Now we don’t begrudge Ms Wilson her reward and reading some of the details (fascinating for anyone interested in employment law, software or sales commissions) we tend to agree with her case. We also resisted the temptation to stalk her through LinkedIn and ask for a loan.

    However, just think about those amounts as a procurement person. If Wilson had merely received her basic salary, and Pearson had negotiated well, the firm might have got another million dollars on their bottom line that year and Oracle could still have made the same profit. With a typical company P/E ratio of 15, that gives a shareholder value of some $13 million that Pearson lost by failing to drive Oracle down by that $800K on the price.

    http://spendmatters.com/uk/procurement-negotiating-harder-oracle/

  • Microsoft closes Philly ‘Reactor’ for innovators after just 15 months

    The Microsoft Reactor Philadelphia — one of only three in the nation — hosted about 100 programs with 3,200 participants over its 15-month existence. Its departure is a setback for a city seeking to modernize its economy with a vibrant high-tech sector.

    Microsoft spokesman Curtis Lee said Friday that the Reactor will close because of a corporate restructuring, but the company will remain active with the Science Center and its partners, promoting skills for women and minorities and supporting entrepreneurs and tech companies in Philadelphia.The Reactor programs in New York and San Francisco will continue unchanged, Lee said.

    http://www.philly.com/philly/business/microsoft-swiftly-closes-philly-reactor-after-16-months-20170901.html

Photo: Redd Angelo

Posted on

Supplier Report: 9/1/2017

Google’s main mission statement has been “don’t be evil”, but is that still the case?  Last month, I covered that Google has been caught funding pro-google studies (via universities and other research firms) and not disclosing that fact. This week Google had someone fired from a think tank they funded for supporting the EU’s stance that Google is a monopoly.

Apple is getting more daring… they announced a new application development deal with Accenture (where does that leave IBM?) and CEO Tim Cook has been taking some swipes at the US government regarding economic growth.

Observation: I want to point out a quirky trend in this week’s news: Almost all of the news feed items about Dell are about golf and all of the HPE news was about Meg Whitman not getting the Uber job (hundreds of articles for both).  Why aren’t these companies generating any other news and controlling their own narratives?

Artificial Intelligence

  • Shark-detecting drones to patrol Australian beaches

    Drones equipped with a shark detection system powered by artificial intelligence will start patrolling some Australian beaches from next month in a bid to improve safety.

    The battery-powered drones will provide a live-video feed to a drone operator who then uses the shark-spotting software to identify sharks in real time and with more accuracy than the human eye.

    Studies have shown that people have a 20-30 percent accuracy rate when interpreting data from aerial images to detect shark activity. Detection software can boost that rate to 90 percent, said Dr Nabin Sharma, a research associate at the University of Technology Sydney’s School of Software.

    http://www.reuters.com/article/us-australia-sharkdrone-idUSKCN1B51KB

  • How Google and Microsoft Use AI to Turn Your Clicks Into Ad Dollars

    Google couldn’t make anyone available for interview before publication. Microsoft tells WIRED that it constantly tests new machine learning technologies in its advertising system. “Online advertising is perhaps by far the most lucrative application of AI [and] machine learning in the industry,” says John Cosley, director of marketing for Microsoft search advertising. Bing recently started using new deep learning algorithms to better understand the meaning of search queries and find relevant ads, he says.

    Research papers on using deep learning for ads may undersell both its true power and the challenge of tapping into it. Companies carefully scrub publications to avoid disclosing corporate secrets. And researchers tend to describe simplified versions of the problems faced by engineers who must target and serve ads at huge scale and speed, says Suju Rajan, head of research at computational advertising company Criteo. The company has released anonymized logs of millions of ad clicks that Google and others have used in papers on improving click predictions.

    https://www.wired.com/story/big-tech-can-use-ai-to-extract-many-more-ad-dollars-from-our-clicks/

Cloud

  • VMware is hedging its bets with its AWS partnership plus true private cloud

    “Fast forward to today. It’s growing at 10 to 12 percent a year; license is up 13 percent; it’s throwing off operating cash flow at $3 billion a year,” Vellante said. “Wall Street’s talking about VMware now being an undervalued stock.”

    Does this signal a shift in customer mindset? Do they want to bring the cloud operating model on-premises instead of migrating their businesses to cloud? VMware appears to think so.

    https://siliconangle.com/blog/2017/08/28/vmwares-hedging-bets-with-aws-partnership-plus-true-private-cloud-say-analysts-vmworld/

  • Amazon Has A Major Expense Storm Coming Its Way, Even If You Can’t Really See It

    …Effectively all of the servers used to run Amazon’s entire business, which have a three-year useful life, will never be counted as an expense when determining the reported operating cash flow number. The Capital Leases will never factor into their definition of free cash flow, since the original transaction is recorded under the Supplemental Cash Flow information and the payments on the Capital Leases are included in the Financing section of the Cash Flow Statement. The debt associated with purchasing the assets is never disclosed as a separate line item on the Balance Sheet, but rather buried in Other Liabilities and a footnote.

    https://seekingalpha.com/article/4102800-amazon-major-expense-storm-coming-way-even-really-see

  • Oracle to Hire 5K Executives for Cloud Operations in 2017

    Moreover, Oracle has introduced a number of cloud services like the retail merchandising solution , security solution over the last few quarters that have helped it to gain customers.

    However, with Infrastructure as a Service (IaaS) still being one of the weaklings in the portfolio, the company is expected to spend more on it. This might affect gross margin in the near term. Nevertheless, the company anticipates SaaS gross margin to eventually rise to 80% in the long haul, thereby leading to an improvement in the bottom line.

    http://www.nasdaq.com/article/oracle-to-hire-5k-executives-for-cloud-operations-in-2017-cm839227

Datacenter

  • IBM talks about alphas instead of betas in storage
  • So… Cisco probably spent a good sum of money to make a commercial with Peter Dinklage (from Game of Thrones)

    In a blog post, Cisco CMO Karen Walker writes, “Peter Dinklage is the perfect messenger because of his global fame and ability to speak in a bold, intelligent, and captivating way. As he wanders through the streets of London, you hang on to each of his words as he describes just how simple–and monumental–the new network is.”

Software/SaaS

  • Apple takes another step into Microsoft’s core territory with Accenture deal

    For Apple, the partnership is part of a continued push to win over business clients and try to knock Microsoft from its long-held throne as the default operating system in the corporate world. To that end, Apple has established partnerships with IBM, Cisco, Deloitte and SAP aimed at moving more business applications over to iOS devices and making them easier to use in corporate settings.

    The engineering teams will focus on apps that are used by front-line workers and consumers, such as apps that run on iPads for the lobbies of retail banks, where a teller and a customer might both interact with the app.

    https://www.cnbc.com/2017/08/29/apple-takes-another-step-into-microsofts-core-territory-with-accenture-deal.html
    Wasn’t the IBM deal supposed to do the same thing? I wonder how Big Blue feels about a major competitor partnering with Apple to do the same thing they were supposed to do.

  • IBM, Food Giants Harness Blockchain Tech to Improve Supply Chain Traceability

    Together with its partners, IBM will identify and prioritize new areas where blockchain can benefit food ecosystems and inform new IBM solutions. This work will draw on multiple IBM pilots and production networks in related areas that successfully demonstrate ways in which blockchain can positively impact global food traceability.

    The tech giant says that parallel trials with Walmart in China and the US have demonstrated that blockchain can be used to track a product from the farm through every stage of the supply chain, right to the retail shelf, in seconds instead of days or weeks. The trials also demonstrated that stakeholders throughout the global food supply chain view food safety as a collaborative issue, rather than a competitive one and are willing to work together to improve the food system for everyone.

    http://www.sustainablebrands.com/news_and_views/startups/sustainable_brands/ibm_harnesses_blockchain_technology_improve_supply_chain_

Other

  • Tim Cook: Since the government isn’t doing it, Apple has a “moral responsibility to help grow the economy”

    “The reality is that government, for a long period of time, has for whatever set of reasons become less functional and isn’t working at the speed that it once was. And so it does fall, I think, not just on business but on all other areas of society to step up.”

    https://www.fastcompany.com/40460059/tim-cook-since-the-government-isnt-doing-it-apple-has-a-moral-responsibility-to-help-grow-the-economy

  • Google Critic Ousted From Think Tank Funded by the Tech Giant

    “Google is very aggressive in throwing its money around Washington and Brussels, and then pulling the strings,” Mr. Lynn said. “People are so afraid of Google now.”

    Google rejected any suggestion that it played a role in New America’s split with Open Markets. Riva Sciuto, a Google spokeswoman, pointed out that the company supports a wide range of think tanks and other nonprofits focused on information access and internet regulation. “We don’t agree with every group 100 percent of the time, and while we sometimes respectfully disagree, we respect each group’s independence, personnel decisions and policy perspectives.”

    New America’s executive vice president, Tyra Mariani, said it was “a mutual decision for Barry to spin out his Open Markets program,” and that the move was not in any way influenced by Google or Mr. Schmidt.

    https://www.nytimes.com/2017/08/30/us/politics/eric-schmidt-google-new-america.html

  • Warren Buffett says the future belongs to new age Apple, not to doyen of past IBM

    Warren Buffett had previously voiced a preference to avoid investing in technology stocks, but began building a stake in Apple in 2016. CNBC had earlier reported that the Oracle of Omaha added nearly 76 million more shares in January. The iconic investor had said back then, “Apple strikes me as having quite a sticky product, and an enormously useful product to people that use it.”

    In comparison, Berkshire Hathaway sold off nearly 33% of its total holdings in IBM in the first and second quarters of 2017. At the end of 2016, Berkshire Hathaway had 81 million shares of IBM. In may this year, he told the channel, “I don’t value IBM the same way that I did six years ago when I started buying. I’ve revalued it somewhat downward.”

    http://www.financialexpress.com/market/warren-buffett-says-the-future-belongs-to-new-age-apple-not-to-doyen-of-past-ibm/834658/

Photo: Nicolas Picard

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Supplier Report: 8/25/2017

SoftBank acted on investment rumors by pumping $4B into office sharing company WeWorks.  As SoftBank invests, Cisco made their 5th acquisition this year.  Cisco purchased software company Springpath for $320M.

Amazon and Microsoft are currently tied for #1 in cloud performance according to Gartner, Oracle and IBM weren’t even in the conversation.  Google also performed well in Gartner’s study and the company announced a discounted price tier for their cloud network services.

Blockchain was a popular topic this week as companies are figuring out more ways to use it outside of crypto-currency (supply chain being one very popular target).

Acquisitions

  • SoftBank Finalizes $4.4 Billion WeWork Investment

    The funding, which comes from SoftBank as well as its $93 billion technology-focused Vision Fund, is an audacious bet on WeWork’s burgeoning strategy to rent out chunks of office within a larger communal space, pitched with a hip, millennial-conscious vibe. It is one of the largest single slugs of capital ever in a venture-backed startup, according to Dow Jones VentureSource, and brings WeWork’s valuation to about $20 billion, making it the fourth-most valuable startup in the U.S. behind ride-hailing company Uber Technologies Inc., home-rental site Airbnb Inc. and rocket maker Space Exploration Technologies Corp.

    SoftBank also took two board seats at the seven-year-old company, suggesting an unusually large level of control for a late-stage investor.

    https://www.wsj.com/articles/softbank-invests-additional-3-billion-in-wework-1503597860

  • Cisco to acquire key software partner Springpath for $320M

    Three months after picking up artificial intelligence startup MindMeld Inc. for $125 million, Cisco Systems Inc. has inked another nine-figure acquisition.

    The networking giant plans to shell out $320 million to buy Springpath Inc., a firm that develops software for hyperconverged systems. It’s Cisco’s fifth acquisition of the year, and arguably the least surprising. Rumors about the deal have been making rounds since 2015, which is when the two companies first crossed paths.

    https://siliconangle.com/blog/2017/08/21/cisco-acquires-key-software-partner-springpath-320m/
    Cisco CEO: Here Is Our Acquisition Strategy

    As part of a wide-ranging interview, TheStreet recently had a chance to talk with Cisco’s CEO about the company’s M&A strategy and what kinds of companies it could be targeting next. Robbins pointed to Cisco’s previously stated “build, buy, partner, invest and co-develop” M&A strategy. Cisco has been known to acquire companies to seize their emerging technology, rather than build it itself, like its $3.7 billion purchase of AppDynamics Inc. in March. AppDynamics creates software that helps companies monitor how their applications and websites are running to prevent them from crashing.

    Looking forward, Robbins said Cisco plans to keep being opportunistic when it comes to M&A, by using the same “build, buy, partner” approach it always has.

    “[We] intend to continue to use smart M&A as a way to seize market transactions in new markets as well as extend our leadership in our current business,” Robbins said. “Our M&A approach will strive to remain balanced — maintaining discipline in light of market conditions while making key strategic moves that cement Cisco’s competitive differentiation for the future.”

    https://www.thestreet.com/story/14279045/1/cisco-ceo-here-is-our-acquisition-strategy.html

Artificial Intelligence

  • How Artificial Intelligence Could Change the Asset-Management Game

    As leagues look to leverage their vast video archives to create new revenue streams, AI has become a key tool in efforts to properly digitize and log this content. NASCAR Productions, for example, owns one of the largest sports archives in the world, with 500,000 hours of content and 3 million assets. However, that content has only 9.5 million metadata tags – far short of what’s required to efficiently search, find, and monetize the assets effectively. As a result, NASCAR is actively ramping up its AI efforts in hopes that it will improve on the time-consuming and inefficient human-powered tagging process.

    “The reason we are looking at [AI] is that humans are highly inefficient,” said Chris Witmayer, director, broadcast, production and new media technology, NASCAR Productions. “We have found that humans are 4-to-1 on the efficiency scale. For every hour of footage, it takes a human about four hours to enter metadata. We need to find a way to do this because, although we have an entire archive that goes back to the 1930s, we can’t actually find anything efficiently. If you can’t find anything, you can’t sell it, and you can’t make money. So this is big for us.”

    https://www.sportsvideo.org/2017/08/18/the-ai-factor-how-artificial-intelligence-could-change-the-asset-management-game/

  • IBM, JDRF to unravel Type 1 diabetes risk factors with machine learning

    IBM scientists still use machine learning algorithms to analyze at least three datasets, according to a statement. Specifically, they are looking to pinpoint patterns that could lead to new ways of preventing or delaying Type 1 diabetes in children. Using previously collected data from global research projects, they will create a “foundational set of features” that is common to all of the data sets.

    “The models that will be produced will quantify the risk for T1D from the combined data set using this foundational set of features,” IBM said in the statement.

    http://www.fiercebiotech.com/medtech/ibm-jdrf-to-unravel-type-1-diabetes-risk-factors-machine-learning

Cloud

  • AWS, Azure tie for top spot in 2017 Gartner ranking

    This year, there was no one winner. Amazon Web Services and Microsoft Azure tied for first place, both garnering a score of 94%. Google Cloud Platform followed with 80%.

    Each provider rose in the ranking from 2016 — AWS is up from 92% and Azure from 88%. The increases reflect an enormous amount of innovation from the vendors, Khnaser said, especially Microsoft. “Microsoft has had a long way to go to catch up.”

    Google made an even greater jump, from 70% in 2016. But as the providers improve and reach something akin to parity on essential cloud capabilities, the ranking means less than in years past for a number of reasons, Khnaser said. Most companies are at a point now where, in addition to using the top contenders, they are also using their competitors to extend their cloud footprints and mitigate risk. Indeed, companies are hiring cloud providers not in the ranking at all, such as Oracle, IBM SoftLayer and China’s Alibaba Cloud — as they should.

    http://searchcio.techtarget.com/news/450424957/AWS-Azure-tie-for-top-spot-in-2017-Gartner-ranking

  • Google offers cheaper network pricing tier for its cloud

    The Network Service Tiers, released today in early “alpha” test mode, provide the capability of Google’s cloud computing customers to choose the existing “Premium Tier,” which uses Google’s own global network employed for Gmail, search and YouTube, and a new Standard Tier, which leverages the broader Internet more economically.

    Google said it’s the first major public cloud provider to allow customers to customize their cloud network. Although cloud computing’s appeal is partly the ability to buy levels of computing and storage on demand, generally providers haven’t offered the same kind of flexibility on network access.

    https://siliconangle.com/blog/2017/08/23/google-offers-cheaper-network-pricing-cloud/

Datacenter/Hardware

  • Higher Costs Chip Away at Lenovo’s Profitability

    Lenovo Chief Executive Yang Yuanqing said a sustained rise in the cost of memory chips hurt profitability across all of the company’s major business lines. He said the duration of the price increases—lasting in some cases more than a year—is unprecedented.

    “We have never seen this situation in the past,” Mr. Yang said in an interview. “Many materials costs, like memory, have increased for a couple of quarters, or even for over more than a year. That’s a significant impact on the industry’s profitability.”

    https://www.wsj.com/articles/lenovo-swings-to-loss-as-memory-chip-prices-rise-1503033791

Software/SaaS

  • Walmart and 9 Food Giants Team Up on IBM Blockchain Plans

    The coalition includes retailers and food companies such as Unilever (UL, +0.83%), Nestlé, and Dole (DOLE). They will be aiming to use blockchains, a technology that made its name as the basis of the cryptocurrency Bitcoin, to maintain secure digital records and improve the traceability of their foodstuffs, like chicken, chocolate, and bananas.

    These companies see blockchains as an opportunity to revamp their data management processes across a complex network that includes farmers, brokers, distributors, processors, retailers, regulators, and consumers. One potential benefit: investigations into food-borne illnesses to take weeks (see this summer’s fatal Salmonella outbreak linked to papayas), but a blockchain-based system has the ability to reduce that time to seconds.

    http://fortune.com/2017/08/22/walmart-blockchain-ibm-food-nestle-unilever-tyson-dole/

  • Oracle Plans To Move Java EE To Open Source Community

    Oracle feels that moving Java EE to an open source foundation may be beneficial in long-term as it will help the implementation adopt more agile process. Moreover, it can also help change its governance and introduce flexible licensing.

    “We plan on exploring this possibility with the community, our licensees and several candidate foundations to see if we can move Java EE forward in this direction,” Oracle writes in its blog post.

    These concerns regarding Java EE aren’t completely invalid. The Java EE community has expressed concern in the past and blamed Oracle for neglecting the open source implementation.

    https://fossbytes.com/java-ee-open-source-community/

Other

  • Apple to build Iowa data center, get $207.8 million in incentives

    Apple Inc will build a $1.375 billion data center in Waukee, Iowa, Apple and state officials said on Thursday, with $207.8 million in incentives approved by the Iowa Economic Development Authority and Waukee city council.

    Apple will purchase 2,000 acres (8.09 square km) of land in Waukee, about 20 miles (32 km) west of Des Moines, to build two data centers. The company will receive a $19.65 million investment tax credit for creating 50 jobs.

    Apple said the project will generate more than 550 jobs in construction and operations, but did not specify how many of those jobs would be long-term positions.

    https://www.reuters.com/article/us-apple-iowa-idUSKCN1B422L

  • Uber Wins Ruling on ’Terms of Service’ Agreements (this impacts more than just ride sharing)

    The case strikes at a fact of everyday life for users of websites and mobile phones, who come across these agreements before being allowed to use a site or app for the first time. There typically is no means for customers to strike out certain provisions or reject the terms outright and still hope to use the service.

    Circuit Judge Denny Chin overturned a district-court ruling that found Uber’s terms of service were difficult for customers to access, and therefore couldn’t be enforced because customers didn’t always know what they were agreeing to. New Uber customers agree to terms that include resolving disputes through arbitration when they click to register for the mobile app—even though the full list of provisions is only available on a separate Uber website.

    https://www.wsj.com/articles/uber-wins-ruling-on-terms-of-service-agreements-1503000236

  • Infosys CEO resigns after long-running feud with founders

    The tussle between Infosys and its founders began in February after founder and former chairman Narayana Murthy accused the company of corporate governance lapses.

    The Infosys board has denied the allegations repeatedly and on Friday blamed Sikka’s resignation on Murthy’s “continuous assault”, describing the billionaire’s latest salvo questioning the integrity of the directors and management as the final nail in the coffin.

    The board said Murthy’s campaign had undermined Sikka’s efforts to transform the business and it had no intention of asking him to play a formal role in the governance of the firm.

    https://www.reuters.com/article/us-infosys-ceo-idUSKCN1AY0DH

  • Uber’s Kalanick Fires Back at Investor in Legal Battle

    In a filing to the Delaware Chancery Court late Thursday, Travis Kalanick reiterated his call for the Benchmark legal dispute to be settled in arbitration, according to the terms of the voting agreement at the center of the case. Arbitration also would keep the deliberations private.

    Benchmark, which holds one Uber board seat, alleged in a suit filed a week earlier that Mr. Kalanick defrauded Uber’s board by keeping secret questionable business practices. Benchmark is seeking in its suit to oust Mr. Kalanick from the board and free up three board seats he effectively controls.

    https://www.wsj.com/articles/ubers-kalanick-fires-back-at-investor-in-legal-battle-1503035464

Photo: Ryan Holloway