Stuck In a Rut? Here Are 15 Ways to Pull Yourself Out of a Bad Situation.
As Leo Babauta correctly writes, “You cannot maintain energy and focus (the two most important things in accomplishing a goal) if you are trying to do two or more goals at once.” The solution? Pick “one goal, for now, and focus on it completely.”
Personally, I would start with your meatiest goal and save the rest for later. If you’re deciding between several different options, zone in on the one that relates to your top priorities and make sure that it’s a SMART goal. Once you choose to focus on that goal, put the goal in writing and develop a realistic action plan with steps to achieve it.
As Marc Benioff Calls For A Better World, Salesforce Lawyers Are Doing The Opposite
Benioff’s opposition to Section 230 of the Communications Decency Act — which allows technology platforms to moderate their services without being held liable for the content their users post there — is puzzling. “Facebook is a publisher,” Benioff said in a tweet on Wednesday. “We need to abolish section 230 Indemnifying them.” Without Section 230, Facebook might succumb to death by lawsuit‚ but Salesforce might too.
On Wednesday, as Benioff was sending his tweet, Salesforce lawyers were citing the piece of legislation in their defense of a lawsuit against the company. “Salesforce objects to the Requests on the ground that it is entitled to federal immunity from suit under section 230 of the Communications Decency Act, 47 U.S.C. § 230, with respect to the claims in this action,” Salesforce’s lawyers wrote in a response to a discovery motion in a case in Harris County, Texas, one of seven lawsuits it’s dealing with regarding Backpage. In all seven cases, Salesforce has claimed protection under Section 230, Annie McAdams, the lead trial lawyer for the plaintiffs, told BuzzFeed News.
Tech workers backing candidates looking to break up their employers
Presidential candidate Elizabeth Warren, who has called for breaking up Facebook, Amazon and Google, raised more than $173,000 from tech industry employees in the third quarter, according to Bloomberg News’s analysis of public data on political contributions from employees at 10 large tech companies.
Many of Warren’s largest tech donations come from software engineers at low-profile companies like Twilio, MongoDB, Adobe, and Mailchimp. But prominent names in tech like Andy Dunn, the co-founder of Bonobos, Matt Mullenweg, the CEO of Automattic, Jennifer Pahlka, executive director of Code for America, and Craig Newmark, founder of Craigslist, all cut checks for Warren.
As the summer comes to a close, we are starting to see M&A activity ramp up. Several companies announced acquisitions over the last two weeks showing that there is money to burn for the right investments.
Meanwhile, Equifax seems to be burning money on settlements, but do they have enough cash to give every American $125? They do not. And critics are not happy.
Finally… Are Uber and Lyft ruing metropolitan traffic patterns? Maybe.
Acquisitions/Investments
Broadcom Makes $10.7 Billion Deal to Buy Symantec’s Corporate-Focused Security Business
The part of Symantec, best known for its antivirus software, that Broadcom is buying focuses on sales to companies. That part contributes about half of Symantec’s $5 billion in annual revenue. The consumer segment accounts for the rest of the 37-year-old company’s revenue.
Broadcom Chief Executive Hock Tan has been focused on diversifying beyond the company’s core chip business and pushing into the lucrative software arena. Last year, he struck a roughly $19 billion deal to buy software firm CA Technologies, formerly Computer Associates.
The Symantec business will add an expected $2 billion to Broadcom’s annual revenue going forward, Broadcom said, and would generate savings of more than $1 billion by eliminating cost overlaps in the year after the deal closed.
Salesforce to Buy Workforce Management Software Firm
Salesforce Inc. said Wednesday it struck a $1.35 billion deal to buy ClickSoftware Technologies Ltd., as the company aims to bolster the services it offers to customers.
ClickSoftware is used by companies to schedule field service work and develops workplace management software. Private-equity firm Francisco Partners Management L.P. bought the company in 2015 for $438 million.
“Our acquisition of ClickSoftware will not only accelerate the growth of Service Cloud, but drive further innovation with Field Service Lightning to better meet the needs of our customers,” Bill Patterson, general manager of the Salesforce Service Cloud unit, said in a statement.
E8 Storage’s particular focus was on building storage hardware that employs flash-based memory to deliver faster performance than competing offerings, according to its own claims. How exactly AWS intends to use the company’s talent or assets isn’t yet known, but it clearly lines up with their primary business.
AWS acquisitions this year include TSO Logic, a Vancouver-based startup that optimizes data center workload operating efficiency, and Israel-based CloudEndure, which provides data recovery services in the event of a disaster.
Cisco scoops up Voicea to infuse more AI into its collaboration products
Voicea, incorporated as Rizio Inc., has raised $20 million in funding since hitting the scene three years ago. Cisco’s venture capital arm contributed to the startup’s Series A round in 2017. Salesforce.com Inc., Alphabet Inc.’s GV fund and Battery Ventures were among the other high-profile investors that backed Voicea.
The Mountain View, California-based startup has developed an artificial intelligence called Eva that can join conference calls to take notes. The assistant transcribes the conversation and enables participants to organize key highlights into an easily browsable list for future reference. Users can instruct Eva to mark an item as important with their voice, which removes the need to scribble notes while a call is ongoing.
Cisco will bake Voicea’s technology into its Webex family of cloud-based collaboration services. The flagship product of the lineup is the Webex Meetings video conferencing tool, which competes with applications such as Microsoft Corp.’s Skype for Business. Cisco also offers versions of the tool for team collaboration, customer support and webinars along with a line of conference call equipment.
Microsoft acquires data privacy and governance service BlueTalon
Microsoft today announced that it has acquired BlueTalon, a data privacy and governance service that helps enterprises set policies for how their employees can access their data. The service then enforces those policies across most popular data environments and provides tools for auditing policies and access, too.
Neither Microsoft nor BlueTalon disclosed the financial details of the transaction. Ahead of today’s acquisition, BlueTalon had raised about $27.4 million, according to Crunchbase. Investors include Bloomberg Beta, Maverick Ventures, Signia Venture Partners and Stanford’s StartX fund.
In an amazingly quick turnaround for a deal of this scope, Salesforce announced today that it has closed the $15.7 billion Tableau deal announced in June. The deal is by far the biggest acquisition in Salesforce history, a company known for being highly acquisitive.
A deal of this size usually faces a high level of regulatory scrutiny and can take six months or longer to close, but this one breezed through the process and closed in less than two months.
With Tableau and MuleSoft (a company it bought last year for $6.5 billion) in the fold, Salesforce has a much broader view of the enterprise than it could as a pure cloud company. It has access to data wherever it lives, whether on premises or in the cloud, and with Tableau, it enables customers to bring that data to life by visualizing it.
JEDI Cloud-Computing Contract Award to Be Delayed Weeks
Mr. Esper said Aug. 1 he would be reviewing the program known as the Joint Enterprise Defense Infrastructure, or JEDI. He didn’t give a timeline for a review at the time. The Pentagon had previously signaled it could award the potentially $10 billion contract by the end of August, with Amazon.com Inc. and Microsoft Corp. as finalists.
Mr. Deasy said it would take “a number of weeks” to brief Mr. Esper and that the contract isn’t likely to be awarded in August. He said he is planning a number of sessions to explain to Mr. Esper the need for a Pentagon-wide cloud-computing capability, the benefits it would have on the battlefield, and how officials have designed the contract.
He stressed the program was for a minimum of $1 million over 2 years, and would only reach its $10 billion maximum value over a decade if the Pentagon exercises several options.
Capital One breach also hit other major companies, say researchers
The data breach at Capital One may be the “tip of the iceberg” and may affect other major companies, according to security researchers.
Israeli security firm CyberInt said Vodafone, Ford, Michigan State University and the Ohio Department of Transportation may have also fallen victim to the same data breach that saw more than 106 million credit applications and files copied from a cloud server run by Capital One by an alleged hacker, Paige Thompson, a Seattle resident, who was taken into FBI custody earlier this week.
It follows earlier reports from Forbes and security reporter Brian Krebs indicating that Capital One may not have been the only company affected, pointing to “one of the world’s biggest telecom providers, an Ohio government body, and a major U.S. university,” according to Slack messages sent by the alleged hacker.
As part of the $575 million settlement, up to $425 million was set aside to compensate those who could clearly prove they were victims of identity theft as a result of the breach.
For those unable to prove clear financial harm (most of us), the settlement offered users either free credit reporting for ten years, or a $125 one time cash payout. But because the FTC only set aside $31 million to pay for these payouts, it quickly ran out of cash and is now falsely telling consumers the free credit reporting is a “much better value.”
But because free credit reporting is routinely doled out as compensation for a steady parade of privacy breaches, it’s effectively worthless to most consumers. Many of these services also include terms of service restrictions that erode your legal rights.
Cisco to Pay $8.6 Million to Settle Government Claims of Flawed Tech
Cisco will pay civil damages in connection with software that it sold to various government agencies, including Homeland Security, the Secret Service, the Army, the Navy, the Marines, the Air Force and the Federal Emergency Management Agency, according to a government complaint unsealed on Wednesday.
The government said the video surveillance software it bought from Cisco was “of no value” because it did not “meet its primary purpose: enhancing the security of the agencies that purchase it.” In many cases, the Cisco software actually reduced the protection provided by other security systems, the complaint said.
Apple Reports Declining Profits and Stagnant Growth, Again
On Tuesday, the Silicon Valley behemoth said that its net income had fallen 13 percent and that its revenue rose 1 percent in the latest quarter, with iPhone sales continuing to decline and gains in the company’s services and wearables business failing to make up the difference.
The results showed persistent signs of weakness for one of the world’s financial standouts. Apple built its enormous business on the iPhone, but sales of the device have slipped for three straight quarters in a saturated market for smartphones.
Yet the results also suggested that the company could be starting to halt declines in those sales and other key areas, including revenue from the Chinese market. Over the previous two quarters, Apple’s profits and revenue had fallen over all.
Uber and Lyft finally admit they’re making traffic congestion worse in cities
These figures suggest that Uber and Lyft are hitting some cities harder than previously thought. An independent study commissioned by the San Francisco County Transportation Authority looked at 2017 traffic patterns in the county and concluded that TNCs generated about 6.5 percent of the total VMT on weekdays, and 10 percent on weekends. (TNC, which stands for transportation network company, is an industry term used to describe ride-hailing apps like Uber and Lyft.)
The findings from Fehr & Peers show totals “nearly twice that previous estimate,” said Gregory Erhardt, a professor of civil engineering at the University of Kentucky who has researched Uber and Lyft’s effects on public transit ridership. “This difference may be due to the continued increase in TNC use over the intervening two years.”
But some cities aren’t as hard hit as others. Uber and Lyft represent lower percentages of total VMTs in Chicago, LA, and Seattle. And New York City, the largest market for both companies in the US, was left out of the analysis altogether, likely because of the city’s low rate of car ownership and extensive public transportation network.
Elizabeth Warren Promises to Kill State Laws That Ban Locally-Owned ISPs
Warren’s proposal, outlined in a Medium post as part of a broader plan for rural America, includes doling out $85 billion to help fund broadband deployment to underserved areas. FCC data suggests that 39 percent of rural Americans still lack access to broadband.
But the plan also does something notable: it takes aim at the growing roster of protectionist state laws telecom lobbyists have used to crush competition across the country.
“Many small towns and rural areas have turned to municipal networks to provide broadband access in places that the private market has failed to serve—but today, as many as 26 states have passed laws hindering or banning municipalities from building their own broadband infrastructure to protect the interests of giant telecom companies,” Warren said.
There is a looming trade war with China that is getting closer to reality as companies are trying to determine if they can survive without the Chinese manufacturing supply chain. It is getting so serious that some companies (like Foxconn) are firing off press releases that they have capacity outside of China to meet their production goals.
And as China prepares to face off against Trump, the country continues to interfere with communication applications and protocols (like Telegram) impeding their own citizens ability to communicate due to fears of protests (and those efforts didn’t really matter).
Acquisitions/Investments
Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal
On the heels of Google buying analytics startup Looker last week for $2.6 billion, Salesforce today announced a huge piece of news in a bid to step up its own work in data visualization and (more generally) tools to help enterprises make sense of the sea of data that they use and amass: Salesforce is buying Tableau for $15.7 billion in an all-stock deal.
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This is a huge jump on Tableau’s last market cap: it was valued at $10.79 billion at close of trading Friday, according to figures on Google Finance. (Also: trading has halted on its stock in light of this news.)
Amazon CTO says AI tools like Lex are the next big thing after AWS and it’s not Amazon’s responsibility to make sure Rekognition is used accurately or ethically
For instance, Rekognition is being used by an anti-sex-trafficking non-profit organisation, Thorn, to scrape classified ad sites and search for matches against a database of missing teenagers.
But events like Re:Mars demonstrate that Amazon knows it has work to do in gaining the public’s trust in order to go ahead with its ambitions.
One non-Amazon guest on stage, the AI pioneer Andrew Ng, gave a pretty scathing review of the technology industry’s reputation – and food for thought for his hosts.
“Even as we lead the world through multiple waves of technological disruption, we’ve not always provided the best leadership. With the rise of the internet, we’ve created tremendous wealth, but we also contributed to wealth inequality. Let’s make sure that this time, with the rise of AI, we take everyone along with us.”
Amazon executives slam Oracle and Microsoft as the cloud wars heat up
Amazon Web Services CEO Andy Jassy derided other providers of traditional on-premises database services at the company’s 10th annual public sector conference in Washington DC on Wednesday. AWS has battled Microsoft, Oracle and others for the Department of Defense cloud services contract, which is worth $10 billion and runs for 10 years.
“I think that most people are pretty frustrated with the older guard database solutions,” Jassy said. “They’re expensive, proprietary, high lock-in. They’re constantly auditing you, fining you unless you buy more from them. It’s just a model that people are sick of. And it’s why people are moving as quickly as possible to more open engines.”
CFOs Grapple With How Much Cybersecurity Spending is Enough
Finding comfort on cybersecurity spending comes down to developing strong relationships with the chief information security officer and other information technology managers, said Steve Priest, the CFO of JetBlue Airways Corp. “You can’t do everything.” he said during an interview. “You have to trust the subject matter experts to do the job that they’re paid to do.”
Finance can help, though, by encouraging coordination between IT managers and the teams purchasing equipment, and by requiring purchases go through a competitive bidding process to ensure the company is getting the best deal, he said.
The company went on to describe a distributed denial of service attack as when “your servers get GADZILLIONS of garbage requests which stop them from processing legitimate requests. Imagine that an army of lemmings just jumped the queue at McDonald’s in front of you – and each is ordering a whopper,” according to Telegram. “The server is busy telling the whopper lemmings they came to the wrong place – but there are so many of them that the server can’t even see you to try and take your order.”
This isn’t the first time that someone has tried to take down Telegram at a time when China was experiencing significant unrest. Four years ago, a similar attack struck the company’s service, just as China was initiating a crackdown on human rights lawyers in the country.
Apple’s U.S. iPhones Can All Be Made Outside of China If Needed
“Twenty-five percent of our production capacity is outside of China and we can help Apple respond to its needs in the U.S. market,” said Liu, adding that investments are now being made in India for Apple. “We have enough capacity to meet Apple’s demand.”
Apple has not given Hon Hai instructions to move production out of China, but it is capable of moving lines elsewhere according to customers’ needs, Liu added. The company will respond swiftly and rely on localized manufacturing in response to the trade war, just as it foresaw the need to build a base in the U.S. state of Wisconsin two years ago, he said.
The U.S. market accounts for one in every four iPhones sold worldwide, “so it represents a huge portion of Foxconn’s manufacturing business inside China,” Strategy Analytics analyst Neil Mawston said.
Broadcom’s gloomier guidance could spread across the semiconductor industry as other big players, including Qualcomm Inc. and Intel Corp. , begin to reconsider their outlooks in light of the Huawei ban and a broader anxiety about the geopolitical future, analysts say. Huawei is one of the U.S. chip industry’s most lucrative customers.
“Everybody probably has to cut just due to Huawei if nothing else,” said Stacy Rasgon, an analyst at Bernstein Research. “Almost everybody has some exposure.”
Some smaller chip companies have already warned that the Huawei ban will ding their revenue. Qorvo Inc., which makes radio-frequency products, and Lumentum Holdings Inc., which makes optical networking products, both reduced their quarterly revenue guidance last month by about $50 million.
IBM (IBM) is planning to cut around 1,700 jobs, according to a report from CNBC. The job cut comes as IBM prepares to add Red Hat (RHT) to its corporate family. IBM last year agreed to purchase Red Hat, an open-source software company, for $34 billion. Red Hat had more than 13,000 employees at the end of February this year. IBM itself has more than 340,000 employees worldwide. Therefore, IBM’s headcount is set to swell once the Red Hat deal closes. The deal is expected to close before the end of the year.
Foxconn offices in Wisconsin are still empty. This is after the company assured the press that said emptiness was not the case. With recent news that AT&T did not live up to terms to get a large tax refund, should we be asking if these rebate programs are a good thing for the cities and states that leverage them?
SalesForce had a massive outage last week due to a database configuration gone wrong. The company shut down services to address a configuration that “broke access permission settings across organizations and gave employees access to all of their company’s files.”
Finally – AI voice replication is getting really good. Google voice translation has improved the ability to detect tone and intent and there is a company called Dessa that published a voice cloning of podcaster Joe Rogan that is eerily good (NSFW).
Acquisitions/Investments
Hewlett Packard Enterprise to Buy Supercomputer Maker Cray
Hewlett Packard Enterprise on Friday said it agreed to buy supercomputer maker Cray Inc. for $35 a share in cash in a deal valued at about $1.3 billion, net of cash.
The deal represents a 17.4% premium to Cray’s Thursday closing price of $29.81.
HPE said it expects the acquisition will add to adjusted operating profit and earnings in the first full year. The company said integration costs associated with the deal will be absorbed within its fiscal 2020 free cash flow outlook, which remains unchanged at $1.9 billion to $2.1 billion.
London-based Deliveroo operates in 14 countries, including the U.K, France, Germany and Spain, and — outside of Europe — Singapore, Taiwan, Australia and the UAE. Across those markets, it claims it works with 80,000 restaurants with a fleet of 60,000 delivery people and 2,500 permanent employees.
It isn’t immediately clear how Amazon plans to use its new strategic relationship with Deliveroo — it could, for example, integrate it with Prime membership — but this isn’t the firm’s first dalliance with food delivery. The U.S. firm closed its Amazon Restaurants UK takeout business last year after it struggled to compete with Deliveroo and Uber Eats. The service remains operational in the U.S, however.
Bellevue, Washington-based technology business management software company Apptio Inc is acquiring Cloudability, a Portland, Oregon company that makes software to manage public cloud spending across Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP). Financial terms of the deal were not disclosed.
Google’s prototype AI translator translates your tone as well as your words
Although capturing the inflection of a speaker’s voice is what’s most impressive to laypeople, Translatotron’s attraction for AI engineers is that it translates speech directly from audio input to audio output without translating it into the usual intermediary text.
This sort of AI model is known as an end-to-end system, because there are no stops for subsidiary tasks or actions. Google says making translation end-to-end produces results faster while avoiding the risk of introducing errors during multiple translation steps.
Microsoft invests in seven AI projects to help people with disabilities
Microsoft is awarding grants to AI projects meant to make the world more inclusive. The grants are part of a five-year initiative that will invest $25 million in AI-based accessibility tools. This year, seven recipients will receive access to the Azure AI platform (through Azure compute credits) and Microsoft engineering support.
Over the next year, the recipients will work on things like a nerve-sensing wearable wristband. That device detects micro-movements of the hands and arms and translates them into actions like a mouse click. Another project seeks to develop a wearable cap that reads a person’s EEG data and communicates it to the cloud to provide seizure warnings and alerts. Other tools will rely on speech recognition, AI-powered chatbots and apps for people with vision impairment.
IBM Unveils Watson-powered Supply Chain Management Tool at Gartner Summit
The Business Transactional Intelligence (BTI) service is powered by Watson and aims to help businesses detect anomalies that could potentially interrupt a company’s supply chain distribution.
BTI uses machine learning to identify velocity, volume and value patterns in an organisations data by ingesting all of the supply chain documents and transactions. Using this data it learns to spot patterns about which it can suggest optimisations, or it may detect anomalies causing it to send an alert to the client.
Faulty database script brings Salesforce to its knees
At the heart of the outage was a change the company made to its production environment that broke access permission settings across organizations and gave employees access to all of their company’s files.
According to reports on Reddit, users didn’t just get read access, but they also received write permissions, making it easy for malicious employees to steal or tamper with a company’s data.
In a status update, the company blamed the issue on “a database script deployment that inadvertently gave users broader data access than intended.”
Salesforce customers in Europe and North America were the most impacted by the company shutting down access to its own service.
The action, which came in an 8-to-1 vote by the Board of Supervisors, makes San Francisco the first major American city to block a tool that many police forces are turning to in the search for both small-time criminal suspects and perpetrators of mass carnage.
The authorities used the technology to help identify the suspect in the mass shooting at an Annapolis, Md., newspaper last June. But civil liberty groups have expressed unease about the technology’s potential abuse by government amid fears that it may shove the United States in the direction of an overly oppressive surveillance state.
Intel Zombieload bug fix to slow data centre computers
Intel has confirmed that new problems discovered with its processor chips mean that some computer owners face a performance slowdown.
The company has said that data centres are likely to be worst affected by the fixes required. But it added that the impact on most PC owners should be minimal.
The so-called Zombieload vulnerability follows the disclosure of the earlier Spectre, Meltdown and Foreshadow bugs last year.
The latest flaw could theoretically allow an attacker to spy on tasks being handled by any Intel Core or Xeon-branded central processing unit (CPU) released since 2011.
According to IBM, security incidents caused by hacker groups operating under hacktivism causes has been on a decline since 2015, when the company recorded a peak, with 35 publicly reported incidents.
Since then, incidents have gone down at a steady pace, with only five reported in 2017, two in 2018, and zero during the first months of the year.
Attacks from hacktivist groups have continued to happen, but the number of actual incidents (successful breaches) has gone down at a constant pace.
Researchers blame two factors for this decline — the death of the Anonymous hacker collective and a sustained crackdown by law enforcement officials that have thinned out hacktivist ranks
Adobe Tells Users They Can Get Sued for Using Old Versions of Photoshop
Adobe this week began sending some users of its Lightroom Classic, Photoshop, Premiere, Animate, and Media Director programs a letter warning them that they were no longer legally authorized to use the software they may have thought they owned.
“We have recently discontinued certain older versions of Creative Cloud applications and and a result, under the terms of our agreement, you are no longer licensed to use them,” Adobe said in the email. “Please be aware that should you continue to use the discontinued version(s), you may be at risk of potential claims of infringement by third parties.”
Users were less than enthusiastic about the sudden restrictions.
One month ago, Foxconn said its innovation centers weren’t empty — they still are
At the event announcing the Madison project, Foxconn’s Alan Yeung said the innovation centers were “not empty,” which prompted laughter from the crowd. Yeung also said The Verge’s story contained “a lot of inaccuracies” and that the company would issue a correction soon. He did not say what those inaccuracies were, and Foxconn never issued a correction, nor has it responded to repeated requests to clarify Yeung’s statement.
One month after Yeung’s comments and promise of a correction, every innovation center in Wisconsin is still empty, according to public documents and sources involved with the innovation center process. Foxconn has yet to purchase the Madison building Yeung announced, according to Madison property records. No renovation or occupancy permits have been taken out for Foxconn’s Racine innovation center, though a permit has been taken out for work on the roof of another property Foxconn bought for “smart city” initiatives. There has been no activity in Foxconn’s Green Bay building, either.
AT&T promised 7,000 new jobs to get tax break—it cut 23,000 jobs instead
The corporate tax cut was subsequently passed by Congress and signed into law by President Trump on December 22, 2017. The tax cut reportedly gave AT&T an extra $3 billion in cash in 2018.
But AT&T cut capital spending and kept laying people off after the tax cut. A union analysis of AT&T’s publicly available financial statements “shows the telecom company eliminated 23,328 jobs since the Tax Cut and Jobs Act passed in late 2017, including nearly 6,000 in the first quarter of 2019,” the Communications Workers of America (CWA) said yesterday.
AT&T’s total employment was 254,000 as of December 31, 2017 and rose to 262,290 by March 31, 2019. But AT&T’s overall workforce increased only because of its acquisition of Time Warner Inc. and two smaller companies, which together added 31,618 employees during 2018, according to an AT&T proxy statement cited in the CWA report.
HCL to bring 2,000 IBM staff onboard as part of $1.8-billion deal
As part of a $1.8-billion deal, HCL Technologies will take onboard nearly 2,000 employees of IBM. The deal between the two companies involved HCL acquiring some of IBM’s software assets. The move comes as the former company is strategising to shore up its IP-led business faster than the traditional software services.
The deal is expected to be complete by June. The acquisition of IBM’s products would give HCL access to over 5,500 clients globally. Chief Human Resources officer for HCL Tech, Apparao VV said to Economic Times in an interview, “Mode 3, which is the products and platforms segment, has their own salesforce. (With the IBM products), we have inherited somewhere around 1,500-2,000 people.” Mode 2 and 3 are categories for the company’s emerging tech and IP-led businesses that garner more than 28 per cent revenue.
Google continues to make moves in the cloud with new hires and policy changes that should make their services more attractive under the leadership of Thomas Kurian but news continues to leak about failing AI ethics boards and past behavior with open source competitors that makes me wonder if Google is actually evil (sometimes). But there is good news… Google’s streaming beef with Amazon seems to be squashed…for now.
Meanwhile, T-Mobile is facing an uphill battle with the DOJ on their Sprint merger plans and Wisconsin might actually push back against Foxconn.
Acquisitions
T-Mobile-Sprint Deal Runs Into Resistance From DOJ Antitrust Staff
The nation’s third- and fourth-biggest carriers by subscribers are facing challenges on several fronts, but their most immediate hurdle comes from the Justice Department’s antitrust division, which is considering whether the deal would present an unacceptable threat to competition.
In a meeting earlier this month, Justice Department staff members laid out their concerns with the all-stock deal and questioned the companies’ arguments that the combination would produce important efficiencies for the merged firm, the people said.
Salesforce is buying MapAnything, a startup that raised over $84 million
The companies did not reveal the selling price, and Salesforce didn’t have anything to add beyond a brief press release announcing the deal.
“The addition of MapAnything to Salesforce will help the world’s leading brands accurately plan: how many people they need, where to put them, how to make them as productive as possible, how to track what’s being done in real time and what they can learn to improve going forward,” Salesforce wrote in the statement announcing the deal.
Why it just might make sense that Salesforce.com is buying Salesforce.org
Salesforce has always made a lot of hay about being a responsible capitalist. It’s something it highlights at events and really extends with the 1-1-1 model it created, which gives one percent of profit, time and resources (product) to education and nonprofits. Its employees are given time off and are encouraged to work in the community. Salesforce.org has been the driver behind this, but something drove the company to bring Salesforce.org into the fold.
While it’s easy to be cynical about the possible motivations, it could be a simple business reason, says Ray Wang, founder and principal analyst at Constellation Research. As he pointed out, it didn’t make a lot of sense from a business perspective to be running two separate entities with separate executive teams, bookkeeping systems and sales teams. What’s more, he said there was some confusion over lack of alignment and messaging between the Salesforce.com education sales team and what was happening at Salesforce.org. Finally, he says because Salesforce.org couldn’t issue Salesforce.com stock options, it might not have been attracting the best talent.
Microsoft acquires Express Logic for its real-time internet of things operating system
Microsoft today announced that it’s acquired Express Logic, a 23-year-old San Diego, California-based developer of real-time operating systems (RTOS) for internet of things (IoT) and edge devices powered by microcontroller units (MCUs), for an undisclosed amount.
“With this acquisition, we will unlock access to billions of new connected endpoints, grow the number of devices that can seamlessly connect to Azure and enable new intelligent capabilities,” wrote Microsoft’s director of IoT Sam George in a blog post. “Express Logic’s ThreadX RTOS joins Microsoft’s growing support for IoT devices and is complementary with Azure Sphere, our premier security offering in the microcontroller space.”
CloudBees acquires Electric Cloud to build out its software delivery management platform
CloudBees, the enterprise continuous integration and delivery service (and the biggest contributor to the Jenkins open-source automation server), today announced that it has acquired Electric Cloud, a continuous delivery and automation platform that first launched all the way back in 2002.
The two companies did not disclose the price of the acquisition, but CloudBees has raised a total of $113.2 million while Electric Cloud raised $64.6 million from the likes of Rembrandt Venture Partners, U.S. Venture Partners, RRE Ventures and Next47.
The most overlooked path to commercialize AI is for companies to do it themselves
Scaling these teams is expensive and operationally intensive. Going full stack opens up opportunities for companies to integrate labeling workflows into other jobs. Employees traditionally tasked with performing a consumer or enterprise service can take on the extra task at reduced expense. And if their role is assisted by a machine, they will gradually become more productive over time as their assistive models get more accurate with more labeled data.
A second and inherently related benefit of going full stack is that these startups are able to generate — and own — powerful virtuous data feedback loops. Owning data flows creates more impressive moats than merely locking down static data sets. Deep Sentinel has a natural moat in the consumer security space, for example, as it not only has accurate classifiers, but accurate classifiers that continue to improve with real-world data generated in an environment it can control.
Amazon is currently working with six business partners — Livongo, Express Scripts, Cigna Health Today, Swedish Health Connect, Atrium Health and ERAS, a program of Boston Children’s Hospital — to help customers make appointments, access medical instruction, track a prescription and other services. It’s a big step for one of the world’s most powerful companies, giving it a stronghold in the $3.5 trillion health care industry.
Amazon had been working for some time to develop software that would meet federal HIPAA regulations, and it even created a health team within its Alexa division a year ago to work on the project, according to Business Insider. Meeting HIPAA standards is important, but the professors questioned whether it is enough.
“I’m not sure that Amazon’s checking off the regulatory box on HIPAA compliance begins to answer the privacy concerns that we ought to have,” Rosoff said.
Google Cloud brings on 27-year SAP veteran as it doubles down on enterprise adoption
Unsurprisingly, Kurian is also looking to put his stamp on the executive team, too, and today announced that former SAP executive Robert Enslin is joining Google Cloud as its new president of Global Customer Operations.
Enslin’s hire is another clear signal that Kurian is focused on enterprise customers. Enslin, after all, is a veteran of the enterprise business, with 27 years at SAP, where he served on the company’s executive board until he announced his resignation from the company earlier this month. After leading various parts of SAP, including as president of its cloud product portfolio, president of SAP North America and CEO of SAP Japan, Enslin announced that he had “a few more aspirations to fulfill.” Those aspirations, we now know, include helping Google Cloud expand its lineup of enterprise customers.
Facebook admits harvesting 1.5 million people’s email contacts without consent
Facebook has admitted to accessing and storing the email contacts of as many as 1.5 million of its users without their consent. Business Insider reports that between May 2016 and last month, the social media platform asked some of its new users to verify their email address by providing the password to their email account. After doing so, the users’ contacts would be automatically imported, without any option for the user to opt out.
Responding to the report, a Facebook spokesperson told Business Insider that email contacts were “unintentionally uploaded” as part of the process. They said that these contacts had never been shared with anyone, and that the company is now deleting the contacts that were uploaded. Facebook also claims to have fixed the “underlying issue” that led to the problem.
Former Mozilla exec: Google has sabotaged Firefox for years
“Over and over. Oops. Another accident. We’ll fix it soon. We want the same things. We’re on the same team. There were dozens of oopses. Hundreds maybe?”
“I’m all for ‘don’t attribute to malice what can be explained by incompetence’ but I don’t believe Google is that incompetent. I think they were running out the clock. We lost users during every oops. And we spent effort and frustration every clock tick on that instead of improving our product. We got outfoxed for a while and by the time we started calling it what it was, a lot of damage had been done,” Nightingale said.
Goldman Sachs analysts said they were encouraged by IBM’s results, but added that investors remain skeptical of the company’s ability to sustain improvements. Cloud revenue accounted for one-quarter of IBM’s total revenue over the past 12 months, up from 22% a year earlier, an IBM representative said.
Shares in IBM fell 4.2% to $139.11 on Wednesday. The stock is down 14% over the past year.
IBM’s year-over-year revenue had fallen in virtually every quarter since Ms. Rometty took over until the last quarter of 2017. The company also posted revenue growth in the first half of last year, but that turnaround proved short-lived: Revenue declined again in the last two quarters of 2018.
Apple and Qualcomm settle dispute, paving way for 5G iPhone
The two U.S. companies have been negotiating details of the settlement for weeks, sources told the Nikkei Asian Review. They have agreed to drop all litigation worldwide and struck a six-year licensing agreement, that will ensure the launch of the first 5G iPhone in 2020. The settlement included an undisclosed payment to Qualcomm by Apple, which several weeks ago asked its suppliers to begin testing the chipmaker’s 5G modems, sources said.
Intel followed up news of the settlement by announcing its exit from 5G chips and raising questions over the future potential of the next generation technology, which the smartphone industry is hoping will help to revive a market suffering its third consecutive year of decline.
Intel to Exit 5G Smartphone Modem Business, Focus 5G Efforts on
Network Infrastructure and Other Data-Centric Opportunities
The company will continue to meet current customer commitments for its existing 4G smartphone modem product line, but does not expect to launch 5G modem products in the smartphone space, including those originally planned for launches in 2020.
“We are very excited about the opportunity in 5G and the ‘cloudification’ of the network, but in the smartphone modem business it has become apparent that there is no clear path to profitability and positive returns,” said Intel CEO Bob Swan. “5G continues to be a strategic priority across Intel, and our team has developed a valuable portfolio of wireless products and intellectual property. We are assessing our options to realize the value we have created, including the opportunities in a wide variety of data-centric platforms and devices in a 5G world.”
Microsoft’s green plan: Our data centers will run on 60% renewable energy by 2020
With the 60 percent milestone in sight, the company is now targeting over 70 percent renewable energy for its data centers by 2023.
Microsoft is aiming to cut its carbon emissions by 75 percent by 2030 and as part of that effort has raised its internal carbon ‘tax’ to $15 per metric ton on all carbon emissions, which is nearly double the current rate for carbon emissions, according to Microsoft president Brad Smith.
Microsoft has had a carbon tax in place since 2012 that puts the burden on business divisions financially to cut their own carbon emissions.
Gov. Tony Evers wants to renegotiate Foxconn deal, says company won’t employ 13,000
“Clearly the deal that was struck is no longer in play and so we will be working with individuals at Foxconn and of course with (the Wisconsin Economic Development Corp.) to figure out how a new set of parameters should be negotiated,” Evers told reporters in his Capitol office.
He said it was premature to say what specific changes he would be seeking. Under existing deals, the state and local governments could provide the company up to $4 billion to establish a massive facility in Racine County and create up to 13,000 Wisconsin jobs.
Google and Amazon end their ridiculous streaming video spat
This should mark the end of a long, contentious relationship between Amazon and Google. For a while, Amazon declined to sell Google’s Chromecast devices, products that compete directly with Amazon’s own Fire TV products. Amazon also didn’t include support for Google Cast in the Prime Video app, which made it essentially impossible to get Prime Video on bigger screens if you used Google products. Google responded by pulling support for the YouTube apps on Fire TV as well as the Echo Show
The EU has officially passed its controversial copyright law
A total of 19 European Council members, including France and Germany, voted in favor of the new Copyright Directive. Italy, Luxembourg, Netherlands, Poland, Finland and Sweden voted against adopting the directive, whereas Belgium, Estonia and Slovenia abstained — but their opposition ultimately didn’t matter. EU countries now have 24 months to apply the directive to their national legislations.
Under the new rules, the likes of YouTube, Facebook and Instagram will be required to obtain licenses for copyrighted works from rights holders in order to host their content. They’ll also be forced to police copyrighted material through the use of tools such as filters. Critics, including Google, fear a surge in takedown requests could turn the web into a ghost town. Internet campaigners, meanwhile, have warned that the resulting censorship could quell unique forms of online expression, from GIFs to memes.
