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jonerp : ministry   57

Twitter’s stock plunges as user growth stalls
"That's not going to happen, and investors are cluing in. Twitter had 328 million average monthly active users, or MAU, in the three months ending in June, which is unchanged from the previous quarter. The company's shares were down more than 10 percent this morning on the news.

The poor showing comes despite Twitter's role in the daily news cycle being more prominent than ever, since the platform often serves as President Donald Trump's favored medium of expression."
law  &  disorder  ministry  of  innovation  earnings  facebook  twitter 
july 2017 by jonerp
Elon Musk: Mark Zuckerberg’s understanding of AI is “limited”
"There aren't many people in the world who can justifiably call Mark Zuckerberg a dumb-ass, but Elon Musk is probably one of them.

Early on Tuesday morning, in the latest salvo of a tussle between the two tech billionaires over the dangers of advanced artificial intelligence, Musk said that Zuckerberg's "understanding of the subject is limited."
gear  &  gadgets  ministry  of  innovation  technology  lab  ai  artificial  intelligence  elon  musk  facebook  mark  zuckerberg  singularity  spacex 
july 2017 by jonerp
AT&T joins net neutrality protest—despite suing to block neutrality rules
""This may seem like an anomaly to many people who might question why AT&T is joining with those who have differing viewpoints on how to ensure an open and free Internet," Quinn acknowledged. But that's the point AT&T is making: the company claims to support an "open Internet" even though it opposes the current FCC rules designed to protect the open Internet."
law  &  disorder  ministry  of  innovation  at&t  net  neutrality 
july 2017 by jonerp
Amazon goes big into brick-and-mortar with $13.7 billion Whole Foods purchase
"Amazon announced today it will acquire the Whole Foods Market for approximately $13.7 billion. The acquisition comes as the two companies agreed to enter a definitive merger agreement in which Amazon will acquire the supermarket chain for $42 per share in an all-cash transaction, and it will include Whole Foods' net debt."
ministry  of  innovation  amazon 
june 2017 by jonerp
Facebook sics AI on terrorist posts, but humans still do the dirty work
"Facebook has admitted that "AI can't catch everything" and it remains heavily dependent on human moderators to flush out terrorist posts on the free content ad network."
law  &  disorder  ministry  of  innovation  ai  encryption  extremism  facebook  terrorism  whatsapp 
june 2017 by jonerp
Exxon investors clash with executives, vote in favor of annual climate report
"On Wednesday, 62.3 percent of investors in oil giant Exxon Mobil voted for the company to produce an annual report on the impacts of climate change policies on the company’s business. The resolution, which was opposed by Exxon leadership, passed by a large margin compared to last year, when a similar resolution garnered only 38 percent of the investor vote."
ministry  of  innovation  scientific  method  climate  change  exxon  low  carbon  oil 
june 2017 by jonerp
Renewable energy generation in the US dramatically exceeds 2012 predictions
"According to the EIA, renewable energy sources like wind, solar, and geothermal power accounted for 10.68 percent of total electricity generation in the first quarter of 2017. If you include electricity from conventional hydroelectric plants, renewables made up nearly a fifth of total electricity generation—as much as 19.35 percent."
ministry  of  innovation  scientific  method  coal  energy  information  administration  nuclear  renewable 
may 2017 by jonerp
Tim Cook announces $1 billion investment in “advanced” US manufacturing
"Apple plans to create a $1 billion fund to invest in "advanced manufacturing" jobs in the United States. CEO Tim Cook made the announcement last night in a CNBC interview with Mad Money host Jim Cramer, and he says that Apple plans to announce its first investment later this month. Cook wants the new fund to create a "ripple effect" in the job market—he says that the manufacturing jobs created directly by the fund will also create service jobs needed to support them."
gear  &  gadgets  infinite  loop  ministry  of  innovation 
may 2017 by jonerp
Trump will sign executive order to begin revamp of H-1B visa program
President Donald Trump will sign an executive order today seeking changes to the H-1B visa program, which allows tens of thousands of foreign tech workers to come and work in the US each year.

Trump will go to a manufacturing plant in Kenosha, Wisconsin, to sign the order, according to The Hill, which got wind of the coming order along with other DC news services late yesterday.
law  &  disorder  ministry  of  innovation  executive  order  h-1b  visas 
april 2017 by jonerp
Don’t like privacy violations? Don’t use the Internet, GOP lawmaker says
"A Republican lawmaker who voted to eliminate Internet privacy rules said, "Nobody's got to use the Internet" when asked why ISPs should be able to use and share their customers' Web browsing history for advertising purposes."
law  &  disorder  ministry  of  innovation  fcc  isp  jim  sensenbrenner 
april 2017 by jonerp
Ajit Pai can’t convince websites that killing net neutrality is a good idea
"The plan to eliminate net neutrality rules and replace them with voluntary commitments is not winning over lobbyists for major Internet companies."
law  &  disorder  ministry  of  innovation  ajit  pai  amazon  facebook  fcc  google  microsoft  net  neutrality  netflix 
april 2017 by jonerp
Tesla is worth more than General Motors or Ford
"By contrast, General Motors—which sold roughly 20 times the number of vehicles during Q1 2017—is worth a mere $50.3 billion. Ford, which also delivered more than half a million vehicles in Q1, is worth just $45 billion. If that sounds bonkers, you haven't heard anything yet. Some analysts are predicting that Tesla could hit $500 a share."
cars  technica  ministry  of  innovation  tesla 
april 2017 by jonerp
President Trump delivers final blow to Web browsing privacy rules
""President Trump has signed away the only rules that guarantee Americans a choice in whether or not their sensitive Internet information is sold or given away," said Chris Lewis, VP of consumer advocacy group Public Knowledge. Trump's action also "eliminates the requirement that broadband providers notify their customers of any hacking or security breaches."
law  &  disorder  ministry  of  innovation  fcc  privacy  trump 
april 2017 by jonerp
Uber president quits, says firm’s values are incompatible with his
"Uber's president Jeff Jones, a marketing expert who joined just six months ago to help soften Uber's abrasive image, has quit because his "beliefs and approach to leadership" were incompatible with what he "saw and experienced at Uber."
cars  technica  ministry  of  innovation  uber 
march 2017 by jonerp
Op-ed: The Internet belongs to the people, not powerful corporate interests
"In today’s economy, it is equally important that access to the backbone of twenty-first century infrastructure, the Internet, be similarly unfettered. That is why it is critical that we maintain the net neutrality protections and clear oversight authority that the Federal Communications Commission put in place in 2015 through the Open Internet Order."
law  &  disorder  ministry  of  innovation  chuck  schumer  fcc  net  neutrality 
march 2017 by jonerp
99.6% of new smartphones run iOS or Android; RIP Windows and Blackberry
"Remember those crazy days in 2011 and 12 when we thought that the mobile market might become a three-horse race between Android, iOS, and Windows Mobile, with Blackberry bringing up the rear? Well, I have bad if unsurprising news: by the end of last year, 99.6 percent of all new smartphones ran either Android or iOS—a return to the status quo that Ars first wrote about way back in 2009."
gear  &  gadgets  ministry  of  innovation  android  ios  windows 
february 2017 by jonerp
Yahoo reveals more breachiness to users victimized by forged cookies
"Yahoo has sent out another round of notifications to users, warning some that their accounts may have been breached as recently as last year. The accounts were affected by a flaw in Yahoo's mail service that allowed an attacker—most likely a "state actor," according to Yahoo—to use a forged "cookie" created by software stolen from within Yahoo's internal systems to gain access to user accounts without a password."
ministry  of  innovation  risk  assessment  technology  lab  breach  yahoo  megabreach 
february 2017 by jonerp
How being replaced by a machine turned this graphic artist into an activist
"He’s not the only one of his friends and family whose work has been outsourced, whether to people in other countries or to non-humans.

Chabot said to Ars, “There seems to be stigma about this happening to someone, as if it is shameful. I think if more people would speak about this reality, we’d already be having a nicer transition with all these changes happening.”
ministry  of  innovation 
february 2017 by jonerp
Intel will invest $7 billion to finish a factory it started in 2011
"Intel announced today that it would spend $7 billion to complete Fab 42, a factory in Chandler, Arizona that will eventually be used to build chips on Intel's 7nm manufacturing process. According to Intel's release, the facility will "directly create 3,000 high-tech, high-wage Intel jobs for process engineers, equipment technicians, and facilities-support engineers and technicians who will work at the site" and that a further 7,000 jobs will be created indirectly to support the facility. Intel CEO Brian Krzanich made the announcement at the White House with President Donald Trump; Krzanich briefly attracted controversy last summer when he canceled a Trump fundraising event."
gear  &  gadgets  ministry  of  innovation  intel 
february 2017 by jonerp
Tech sector begins legal assault on Trump immigration order
"Several major tech companies are organizing in opposition to the Trump administration’s executive order that restricts entry or re-entry of citizens from seven Muslim-majority countries. The order, which was signed last Friday, affects immigrants from Iran, Iraq, Yemen, Libya, Somalia, Sudan, and Syria."
law  &  disorder  ministry  of  innovation  amazon  apple  facebook  trump 
february 2017 by jonerp
Microsoft’s 2Q17: cloud growth slows, Windows surprising, Surface resilient
"As ever, Microsoft also offered alternative figures that book Windows 10 revenue up front instead of amortized over several years, and which hold exchange rates constant to remove the impact of rate fluctuations year-on-year (which gives some indication of year-to-year changes in actual sales transactions, if not of money in the bank). Using that regime for both this year and last, revenue was up 4 percent at $26.1 billion, operating income was up 8 percent at $8.2 billion, net income up was up 10 percent at $6.5 billion, end earnings per share were up 13 percent at $0.83."
ministry  of  innovation  technology  lab  cloud  finances  microsoft 
january 2017 by jonerp
FCC Chairman Pai vows to close broadband “digital divide”
""One of the most significant things that I’ve seen during my time here is that there is a digital divide in this country—between those who can use cutting-edge communications services and those who do not," Pai said (transcript). "I believe one of our core priorities going forward should be to close that divide—to do what’s necessary to help the private sector build networks, send signals, and distribute information to American consumers, regardless of race, gender, religion, sexual orientation, or anything else. We must work to bring the benefits of the digital age to all Americans."
law  &  disorder  ministry  of  innovation  ajit  pai  fcc 
january 2017 by jonerp
Alphabet ended drone Internet project, saying economics didn’t work out
"Alphabet's airborne broadband plans no longer include drones, as the company says balloons are a more promising delivery mechanism for bringing Internet access to remote and rural areas."
ministry  of  innovation  technology  lab  alphabet  drones  google  project  loon  titan  aerospace 
january 2017 by jonerp
Tim Cook and other Apple execs miss out on bonus pay after disappointing 2016
"Apple raked in $215.6 billion in sales in 2016, but it wasn't enough to keep the company from reporting its first year-over-year sales decline since 2001. According to the company's definitive proxy statement filed with the US Securities and Exchange Commission, the company's sales declined from $233.7 billion in 2015, and its operating income likewise fell from $71.2 billion in 2015 to $60.0 billion in 2016. The decline in these two metrics was enough to significantly cut incentive-based pay for Tim Cook and a number of other high-level Apple executives."
infinite  loop  ministry  of  innovation  apple 
january 2017 by jonerp
Federal report: AI could threaten up to 47 percent of jobs in two decades
"This week, scientists and economic advisers to President Obama released a report on artificial intelligence, including the effects of automation on the US job market and economy. While the report notes the significant potential for wealth gains from increased productivity due to AI, it also warns of threats to existing jobs and an exacerbation of the wage inequality between lower-skilled, less-educated workers and those with higher skills."
ministry  of  innovation  scientific  method 
december 2016 by jonerp
In the future, humans could “help make” gallons of sewage-based biofuel a year
"Researchers at Pacific Northwest National Labs (PNNL) have developed a new method for treating human sewage to create a biocrude oil product that can be refined into a fuel akin to gasoline, diesel, or jet fuels."
ministry  of  innovation  scientific  method  biocrude  biofuel  energy  pnnl 
december 2016 by jonerp
Airbnb and NYC bury the hatchet
"“As Airbnb knows, this state law does not target their company,” de Blasio spokeswoman Melissa Grace said in a statement. “Instead, it provides the City with an additional tool to use against those seeking to turn permanent homes into illegal, short-term stay hotels. The city will enforce this and other existing laws against bad actors, and appreciates the additional enforcement powers this new tool provides to protect New Yorkers and visitors from unsafe conditions."
law  &  disorder  ministry  of  innovation 
december 2016 by jonerp
Overcomplicated technology and the need for biological thinking
"The current resurgence in interest in blockchains, therefore, could be a welcome sign that sanity is breaking out in the financial technology (fintech) investment arena, as those working in financial services and other sectors begin to recognise the practical benefits beyond the Bitcoin hype."
ministry  of  innovation  biology  physics  technology 
november 2016 by jonerp
UK government vows to sink $2.3 billion into new cybersecurity plan
"The UK government has promised to spend nearly £2 billion over the next five years to try to tackle the growing problem of cyber attacks in the country."
ministry  of  innovation  risk  assessment  cyber  security  strategy  cyberattacks  gchq  philip  hammond  talktalk  treasury 
november 2016 by jonerp
Tesla’s shows off solar roof and energy ambitions at Los Angeles event
"You really need to make solar panels as appealing as electric cars have become," Tesla CEO Elon Musk told a crowd of several hundred people as the sun set on the artificial neighborhood. "The goal is to have a roof that's less than the installed cost of a roof plus electricity."
ministry  of  innovation  solarcity  tesla 
october 2016 by jonerp
Google teaches “AIs” to invent their own crypto and avoid eavesdropping
"Google Brain has created two artificial intelligences that evolved their own cryptographic algorithm to protect their messages from a third AI, which was trying to evolve its own method to crack the AI-generated crypto. The study was a success: the first two AIs learnt how to communicate securely from scratch."
ministry  of  innovation  risk  assessment  technology  lab  cryptography  encryption  google  brain  neural  networks 
october 2016 by jonerp
Pizza, the unsung agent of the robot revolution
"With that short-lived episode over, the roadmap for robotic deliveries is now back under debate, at least if you were expecting arms and legs. But how about an autonomous delivery box on wheels or an airborne drone instead? These are all at the prototype stage but they’re definitely coming; in fact, there's a wide range of innovative technology under investigation by retailers to achieve a competitive edge, from drones to chatbots to redesigned Mars rovers and slasher robots."
features  gear  &  gadgets  ministry  of  innovation  technology  lab  amazon  automation  ocado  robots  starship  technologies  uk 
october 2016 by jonerp
Microsoft cloud annualized run rate hits $13bn in strong first quarter
"At various times, Microsoft's critics have said that both Bing and Surface should be cancelled. Both now look to be reasonably well established businesses; Bing is claimed to be profitable, and while Surface's finances are murkier it appears at the very least that Microsoft is building it into a strong brand that is showing some ability to influence the broader PC market."
ministry  of  innovation  technology  lab  business  finance  financials  microsoft 
october 2016 by jonerp
HP Inc to axe up to 4,000 jobs over next three years
"HP Inc plans to trim its workforce by up to eight percent with the loss of between 3,000 and 4,000 jobs by 2019 to shave millions off the company's costs."
ministry  of  innovation  3d  printing  hp  inc  job  cuts  layoffs 
october 2016 by jonerp
At the bleeding edge of AI: Quantum grocery picking and transfer learning
"Even so, a future move from a binary to a quantum method, while complicated, could ultimately optimise vehicle routing tasks, which feature numerous variables. It could also deliver a boost to Ocado’s forthcoming robot grid technology, optimising the 4D (space and time) conundrums that this much-touted but yet-to-be-unveiled system grapples with."
ministry  of  innovation  technology  lab  ocado  quantum 
october 2016 by jonerp
Amazon wants to challenge UPS and FedEx with its own delivery system
"It makes sense why Amazon would want to sell, ship, and deliver orders on its own. The report estimates the company spent $11.5 billion on shipping just last year, amounting to 10.8 percent of sales. The shipping process is currently a bit convoluted: packages from Amazon warehouses get sent to one of two shipping routes, either to FedEx or UPS, or to a sorting facility that lumps all packages with similar zip codes together."
ministry  of  innovation  amazon  fedex  shipping  ups 
september 2016 by jonerp
Facebook apologizes for feeding inflated video-view numbers to advertisers
"On Friday, Facebook took to its official blog to confirm and respond to a Wall Street Journal report. In the blog post, the company acknowledged that one of Facebook's most crucial metrics for measuring video-view performance had been wildly inflated."
ministry  of  innovation  advertising  facebook  nielsen  wall  stree  journal 
september 2016 by jonerp
2 million fake accounts later, Wells Fargo drops sales quotas for its employees
"On Tuesday, Wells Fargo CEO John Stumpf released a statement promising that the bank would eliminate product sales goals for its employees after thousands of employees were found to have opened fake accounts using real customer names and identification in order to boost internal sales numbers. Stump did not go so far as to say that the practice of cross-selling financial products would end at Wells Fargo, but The Wall Street Journal reported that the company would put a temporary hold on the practice."
ministry  of  innovation  wells  fargo 
september 2016 by jonerp
Adblock Plus finds the end-game of its business model: Selling ads
"Eyeo GmbH, the company that makes the popular Adblock Plus software, will today start selling the very thing many of its users hate—advertisements. Today, the company is launching a self-service platform to sell "pre-whitelisted" ads that meet its "acceptable ads" criteria. The new system will let online publishers drag and drop advertisements that meet Eyeo's expectations for size and labeling."
law  &  disorder  ministry  of  innovation  ad  blocking 
september 2016 by jonerp
“Silicon Valley is hostile to diversity,” says Slack Director of Engineering Leslie Miley
"Miley said that while Slack isn’t perfect, it is “being intentional” and is trying to recruit engineers from schools that aren’t traditionally expected to produce top-notch talent.

Still, when an audience member asked what advice Miley would give to black entrepreneurs in the Bay Area, he was blunt: “Leave.”

“Seriously, Silicon Valley is hostile to diversity,” he continued. “Jesse Jackson came to Silicon Valley in 1998. Here were are in 2016 still talking about it.”
ministry  of  innovation  ars  live  black  leslie  miley  slack 
august 2016 by jonerp
Pepper, the 4-foot-tall robot that “reads emotions,” makes her US debut
"During the quick demo, Pepper demonstrated her ability to track movements—moving her head as I stepped from side to side—and her ability to detect smiles and glares. The iPad-style screen on her chest can show any needed visual information."
ministry  of  innovation  pepper  softbank 
august 2016 by jonerp
Tesla losses grow, but Musk says production goals will be met by year-end
"In Tesla’s Q2 2016 financial statement released today, the company reported a net loss of $293 million (~£220 million) for the quarter, making it Tesla’s 13th straight quarterly loss. (By Generally Accepted Accounting Principles, or GAAP, the company lost only $150 million. GAAP standards account for certain things on a car company’s balance sheet, like leased vehicles, differently than non-GAAP bookkeeping does.)"
cars  technica  ministry  of  innovation  financial  tesla 
august 2016 by jonerp
Facebook continues its war on clickbait
"In 2014, Facebook said it was going to take steps to favor clear headlines over so-called clickbait, which it defines as headlines that try to cultivate interest in a story by omitting key pieces of information, or by misrepresenting what’s in the actual post. Now, the social media giant has revised its clickbait-tackling scheme, which for the past two years has been downgrading posts based on the amount of time Facebook users spend on the article after they click the headline."
ministry  of  innovation  clickbait  facebook 
august 2016 by jonerp
Bitcoin value falls off cliff after $77M stolen in Hong Kong exchange hack
"The value of bitcoins plummeted 20 percent after almost 120,000 units of the digital currency were stolen from Bitfinex, a major Bitcoin exchange.

The Hong Kong-based exchange said it had discovered a security breach late Tuesday and has suspended all transactions."
ministry  of  innovation  risk  assessment  bitcoin  finance  hack  hong  kong 
august 2016 by jonerp
Microsoft cuts 3,000 jobs in smartphone division, sales
"Microsoft plans to lay off nearly 3,000 more jobs over the next year across its smartphone hardware business and global sales division.

The latest cuts heap misery on Microsoft staff, after the software giant confirmed in May that 1,850 jobs would be lost at its mobile wing—even as its Windows and devices veep Terry Myerson insisted: "we're scaling back, but we're not out!"
gear  &  gadgets  ministry  of  innovation  job  cuts  microsoft  staff  nokia  windows  phone 
august 2016 by jonerp
Tesla and SolarCity agree on merger terms in $2.6 billion all-stock deal
"On Monday morning, Tesla announced that it has come to an agreement with SolarCity. Tesla will buy the company in an all-stock deal that would give 0.11 shares of Tesla stock to investors for every share of SolarCity sick they own. The Wall Street Journal estimates this would make the deal worth $2.6 billion."
ministry  of  innovation  solar  city  tesla 
august 2016 by jonerp
Broadband industry tries again to kill net neutrality and Title II
"ISPs' attempt to overturn the Federal Communications Commission rules were rejected when a three-judge panel of the US Court of Appeals for the District of Columbia Circuit voted 2-1 in favor of the FCC. Now the broadband industry's trade groups are seeking an "en banc" review in front of all of the DC Circuit court's judges instead of just a three-judge panel. If this fails, ISPs can appeal to the Supreme Court, but the odds against them winning appear to be long."
infinite  loop  law  &  disorder  ministry  of  innovation  technology  lab  ctia  fcc  ncta  net  neutrality 
july 2016 by jonerp
IBM’s Watson fed images to estimate water use efficiency in California
"Of course, a truck load of information won’t do you any good if you can’t extract the bits you need. One tool for working with potentially valuable truck loads is an artificial neural network—a software system that uses machine learning techniques to process tons of data and intelligently answer questions. And one company is now applying IBM’s Watson machine learning system in an interesting way to tell water utilities something they would love to know: how efficiently their customers are using water."
ministry  of  innovation  scientific  method  sustainability  water  resources  usage 
july 2016 by jonerp
In shocking twist, senators scrutinize cable companies instead of FCC
"But in an unusual twist, senators are actually planning to force cable companies to explain why they offer such poor customer service. US Senators Rob Portman (R-Ohio) and Claire McCaskill (D-Mo.) yesterday announced a hearing in which cable TV and satellite TV companies will answer questions about "practices involving billing, fees, refunds, and other customer service issues."
law  &  disorder  ministry  of  innovation  charter  claire  mccaskill  comcast  directv  dish  rob  portman  senate  time  warner  cable 
june 2016 by jonerp
McDonald’s ex-CEO: $15/hr minimum wage will unleash the robot rebellion
"When pressed, Rensi admitted that he thinks "franchising businesses" like fast-food restaurants are already hurtling toward automation, saying that those businesses are "dependent on people who have low job skills that need to grow. If you can't get people a reasonable wage, you're gonna get machines to do the work. It's just common sense. It's going to happen whether you like it or not." He then insisted that an increased minimum wage will make robotic worker adoption "just happen faster."
ministry  of  innovation  automation  mcdonalds  minimum  wage  robots  they  took  our  jerbs 
may 2016 by jonerp
IBM Watson now powers a Hilton hotel robot concierge
"Just arrived to your hotel, desperate for some munch at a decent restaurant nearby, and not really into speaking with human beings? Connie the robo-concierge is here to help. American hotel multinational Hilton has teamed up with tech giant IBM to trial a robotic concierge powered by IBM’s AI software Watson."
gear  &  gadgets  ministry  of  innovation  hilton  ibm  robotic  overlords  watson 
march 2016 by jonerp
IBM wants to move blockchain tech beyond Bitcoin and money transfer
"On Tuesday, IBM announced that it’s been working to make blockchain technology—which was refined and popularized by Bitcoin—easier for businesses to use for financial and non-financial purposes. Specifically, the company is launching what it’s calling “blockchain-as-a-service,” or a set of tools for "creating, deploying, running, and monitoring blockchain applications on the IBM Cloud.”
ministry  of  innovation  bitcoin  blockchain  ibm 
february 2016 by jonerp
Report: Robots, other advances will cost humans 5.1 million jobs by 2020
"Are the robots coming to take our jobs? Advances in any tech that aids in automation always come with questions about the jobs they take versus the jobs they create, but the World Economic Forum warned in a report published on Monday that advances in robotics, artificial intelligence, 3D printing, and other modern technologies are currently likely to lead to a net loss of 5.1 million jobs worldwide by the year 2020."
ministry  of  innovation  internet  things  jobs  robots 
january 2016 by jonerp
Uber, Lyft helped facilitate slow death of San Francisco’s largest taxi company
"The taxi industry as a whole has been under massive pressure from startup newcomers such as Uber, Lyft, and the recently defunct Sidecar. Those companies are regulated under California’s “transportation networking company” (TNC) law, which is separate from traditional taxi law."
law  &  disorder  ministry  of  innovation  taxi  uber 
january 2016 by jonerp
General Motors pledges $500 million to Lyft for driverless taxi research
"On Monday, General Motors and ride-sharing company Lyft announced a new partnership to develop a network of driverless taxis. GM has invested $500 million in Lyftas part of a $1 billion funding round. The partnership includes a seat for GM on Lyft’s board of directors."
cars  technica  ministry  of  innovation  autonomous  car  general  motors  gm  lyft 
january 2016 by jonerp
Ballmer: Microsoft’s cloud revenue numbers are “bullshit”
"Microsoft today held its annual shareholder meeting, leaving one significant Microsoft shareholder—former CEO Steve Ballmer—less than happy with the way the company reports the financial performance both of its nascent hardware business and of its cloud business, according to Dina Bass at Bloomberg."
ministry  of  innovation  technology  lab  ballmer  cloud  hardware  microsoft  shareholder  meeting  surface  windows  phone 
december 2015 by jonerp
Online advertisers admit they “messed up,” promise lighter ads
"The online advertising business, which has for years struggled against a rising tide of ad blockers by deploying ever-heavier and more-invasive ads, this week publicly acknowledged the error of its ways."
ministry  of  innovation  ads  iab  l.e.a.n. 
october 2015 by jonerp

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