technology

created 2 years ago

“Overall, from August to November 2016, the average unique viewers per Snapchat Story has decreased about 40%” says Nick Cicero, CEO of creative studio and social video analytics platform Delmondo. His company analyzed 21,500 Snapchat Stories to discover the steep decline.
techcrunch.com
The Internet of Things, robotics, artificial intelligence and cyber security are just some of the tech tools finance execs say will be essential in the coming year. Some even think that automation could replace them one day. Here are five articles to help you get up to speed.
ww2.cfo.com
Upon further reflection, it’s clear that the broken system is ad-driven media on the internet. It simply doesn’t serve people. In fact, it’s not designed to. The vast majority of articles, videos, and other “content” we all consume on a daily basis is paid for — directly or indirectly — by corporations who are funding it in order to advance their goals. And it is measured, amplified, and rewarded based on its ability to do that. Period. As a result, we get…well, what we get. And it’s getting worse.
To stay efficient, we are shutting our offices in New York and Washington D.C. (though some people will continue to work remotely from those locales). And we will be parting ways with some of our executives who were brought on to scale these teams. The vast majority of the product development and engineering teams will remain, both to support the Medium you love and to bring it to the next level.
blog.medium.com
China has created a social tool named Sesame Credit which gives people a score for how good a citizen they are.
As Extra Credits explains on YouTube: "If you post pictures of Tiananmen Square or share a link about the recent stock market collapse, your Sesame Credit goes down.
"Share a link from the state-sponsored news agency about how good the economy is doing and your score goes up."
"If you're making purchases the state deems valuable, like work shoes or local agricultural products, your score goes up.
"If you import anime from Japan though, down the score goes."
According to Extra Credits, high scores will grant users benefits: "Like making it easier to get the paperwork you need to travel or making it easier to get a loan."
Although the ratings are currently optional, the social tool will become mandatory by 2020.
A planning document from China's State Council explained the credit will "forge a public opinion environment that trust-keeping is glorious" and warned the "new system will reward those who report acts of breach of trust".
www.independent.co.uk
Amazon has become the leader in the e-book market on the strength of its Kindle line of e-readers. And it dominates an important segment of the cloud computing market; Amazon Web Services is expected to generate $12 billion in revenue this year.
“There's an opportunity to do innovation in big companies,” says author and startup guru Eric Ries. “But very few big companies have done this really well. Amazon is one of them.”
But so far, Google has had little to show for these efforts. Google Glass was a flop. The company has developed some impressive self-driving technology over the past six years but has still not turned it into a commercial product. Google bought Nest in 2014, but the company has struggled to expand beyond smart thermostats. Google acquired some robotics startups in 2014, but hasn’t figured out what to do with them and wound up putting one up for sale.
Google’s most promising “moonshot” is its self-driving car project, which is widely regarded as the technology leader. But top engineers on the project have grown impatient with the company’s slow pace in getting to market. A team of Google engineers left Google to found Otto, a self-driving truck company acquired by Uber earlier this year. The leader of Google’s self-driving car project, Chris Urmson, recently quit to create a self-driving car startup of his own.
“I know examples where a random Amazon engineer mentions ‘Hey I read about an idea in a blog post, we should do that,’” Eric Ries says. “The next thing he knows, the engineer is being asked to pitch it to the executive committee. Jeff Bezos decides on the spot.”
At a normal company, when the CEO endorses an idea, it becomes a focus for the whole company, which is a recipe for wasting a lot of resources on ideas that don’t pan out. In contrast, Amazon creates a small team to experiment with the idea and find out if it’s viable. Bezos famously instituted the “two-pizza team” rule, which says that teams should be small enough to be fed with two pizzas.
“They prioritize launching early over everything else,”
Of course, this method isn’t foolproof; Amazon has had plenty of failures, like its disastrous foray into the smartphone market. But by getting a product into the hands of paying customers as quickly as possible and taking their feedback seriously, Amazon avoids wasting years working on products that don’t serve the needs of real customers.
“It doesn't matter what technology” teams use at Amazon, one of the company’s former engineers wrote in 2011. Bezos has explicitly discouraged the kind of standardization you see at companies like Google and Apple, encouraging teams to operate independently using whatever technology makes the most sense.
One way to deal with the conundrum is for big tech companies to acquire startups early in their growth. That allows a startup’s innovations to be combined with the resources of a big company. Uber acquired the self-driving truck startup Otto less than a year after it was founded. GM paid a billion dollars for the self-driving car startup Cruise in March.
www.vox.com
They speak breathlessly about how “T.K.”—Uber cofounder Travis Kalanick—has repeatedly ignored legal roadblocks. Admirers see an aggressive attitude and a $70 billion valuation, ignoring Uber’s careful, behind-the-scenes negotiations with regulators in many cities, notes Bradley Tusk, a political consultant for Uber.
Three-quarters of the 150 early-stage startups he has investigated have pitched investors with misleading or purposely incomplete information, like identifying as “customers” people who are merely using a free trial, or taking full credit for past projects they played only a small role in.
Some founders grow into talented CEOs. Most don’t. That’s an inevitable by-product of Silicon Valley culture, where everybody fetishizes engineers, designers, and inventors while managers get little respect.
Squishy terms like “traction” and “momentum” are more valuable than functional business models, revenue, and profits. But that’s all part of the fun!
The rich people buying into Uber’s latest round of funding, for example, got no financial information beyond a set of risk factors, according to reports.
fortune.com
Claim to Fame: Tired of spending hours sending pictures to the local pharmacy's photo station and then spending even more hours perfectly crafting a collage on your walls? So is Phötage. Instead, Phötage has created an affordable and easy process to get the pictures from your Instagram feed and camera roll onto the walls of your home.
planted.com
“We believe you can see the world happening in real time through Instagram,” says Systrom. “And I think that’s true whether it’s Taylor Swift’s 1989 tour, which trends on Instagram all the time, or an important moment like a protest overseas, or a march like ‘Je suis Charlie’ in Paris. We want to make all of those, no matter how serious, no matter how playful, discoverable and accessible on Instagram. Because, at the end of the day, there’s no better way to consume what’s happening in the world other than images and video. And I think Instagram is at the natural nexus of both of those.”
“The next decade, at least on Instagram, will be the decade where we realize the power of a collective group of people capturing the world in real time through their phones,” he says. “I don’t think we quite understand how that will disrupt industries, whether that’s news [or] how we consume events happening around the world. And I hope that Instagram can become a platform and a medium that accelerates that disruption, and accelerates that access to everything happening in the world in real time. It’s going to be fun to see.”
time.com
For Instagram, which announced Tuesday it has hit 500 million monthly active users, it’s a vote of confidence for a network that’s seen its growth and engagement slow. By comparison, Snapchat—whose disappearing-photo services seem to be more de rigueur for the younger millennial set—revealed in February that it has more than 100 million daily users who engage with Snapchat for 25 to 30 minutes a day, every day. If we’re looking at daily active users, though, the picture changes a bit—Instagram revealed Tuesday it has 300 million users on its platform every day.
www.vanityfair.com
Product Hunt will remain an independent platform alongside AngelList. We’ll continue to use excessive emojis, drink Philz, and build in public with our community.
medium.com
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