Why tech is taking a hammering

Posted by & filed under Amazon, Apple, Facebook, Google, Netflix.

  Technology stocks have had a very bad week. For the FAANGs (Facebook, Apple, Amazon, Netflix and Google) which have led the charge in growth over the past decade, it was grim. At their lowest point, all five were down more than 20 per cent from their peaks. This translates to hundreds of billions of… Read more »

Amazon HQ2 process highlights the company’s data obsession

Posted by & filed under Amazon, Ethical issues.

Amazon’s search for a second headquarters was never just about finding a new home. Throughout the process, Amazon skillfully obtained data from 238 cities and metro areas in North America for free, including proprietary information about real estate sites under development, details about their talent pool, local labor cost and what incentives cities and states were willing… Read more »

Amazon can sell you stuff. But can it clean your house?

Posted by & filed under Amazon.

“They really didn’t listen to those of us who’ve been in the business for decades,” says Bobbie Moe. Customers would punch in their cleaning needs and the square footage of their house online, but the actual time and manpower required would vary wildly with the cleaning needs of the home.” Source: CNN Technology News Date: October 25th, 2018 Link… Read more »

Netflix and Amazon Leave Little Room for Streaming Video Latecomers

Posted by & filed under Amazon, Entrepreneurship, Innovator's Dilemma, Netflix.

  To keep his family of four entertained, Ben Emery pays about $180 a month for Spectrum TV and internet service, Netflix, Amazon Prime and Hulu. He gets Amazon mostly for free shipping and Hulu in part because his 5-year-old daughter likes “Teen Titans Go.” “Netflix and Hulu got in early, so that’s where I’m willing… Read more »

How to make sure your Amazon Echo doesn’t send secret recordings

Posted by & filed under Amazon, App Economy.

It was Alexa’s equivalent of a pocket dial. A woman in Portland, Oregon, claimed her Amazon Echo smart-speaker secretly recorded a private conversation, then sent the audio file to an acquaintance. She told her story to a local news outlet and it spread, stoking fears about always listening devices invading privacy. Amazon confirmed the incident and claimed it was… Read more »

Civil Rights Group Criticizes Amazon Over Facial Recognition

Posted by & filed under AI/Artificial Intelligence, Amazon, Civil Liberties.

Amazon.com Inc. drew the ire of the American Civil Liberties Union on Tuesday over a facial-recognition system offered to law-enforcement agencies that the advocacy group says can be used to violate civil rights. In marketing materials obtained by the group, Amazon Web Services said its Rekognition system uses artificial intelligence to quickly identify people in photos and videos,… Read more »

Inside the Alexa Prize

Posted by & filed under AI/Artificial Intelligence, Amazon, Augmented Reality.

Amazon has challenged 15 teams of some of the world’s best computer science graduate students to build “a socialbot that can converse coherently and engagingly with humans on popular topics for 20 minutes.” If any team succeeds, its members will snare academic glory and the promise of brilliant future careers. (Consider that some of the… Read more »

Amazon plans to open six more cashierless Go stores

Posted by & filed under AI/Artificial Intelligence, Amazon.

Amazon.com plans to open as many as six more cashierless stores this year, Recode reported. The e-commerce giant is considering locations in Los Angeles and Seattle, where the first and only Amazon Go store opened to the public last month. Source: Seattle Times Date: February 23rd, 2018 Link: https://www.seattletimes.com/business/amazon-plans-to-open-six-more-cashierless-go-stores-recode-says/ Discussion 1) Why is Amazon doing this? 2) What could… Read more »