Brands Experiment with Placing Ads in Console Video Games

As an experiment, some advertisers are placing TV ads in video games with the aim of reaching a younger demographic less likely to watch traditional television. Ad tech firm Simulmedia is running the tests, such as enabling the Turner division of AT&T’s WarnerMedia to run ads promoting Turner properties — the animated “Rick and Morty,” sci-fi series “Snowpiercer” and celebrity golf show “The Match” — within Electronic Arts’ “UFC 3” fighting game. That was followed by Experian testing an ad for Experian Boost within the same game. Continue reading Brands Experiment with Placing Ads in Console Video Games

Amazon, Google, Qualcomm Support Global Antitrust Institute

Last year, the Global Antitrust Institute, part of the Antonin Scalia Law School at George Mason University, organized and paid for a weeklong conference in California for antitrust regulators from 30 foreign countries, including Australia, Brazil, China and Japan. At the conference, these officials attended classes that were described as continuing education to learn more about the economic foundation of competition regulations. According to attendees and critics, however, the message of the conference also benefited Big Tech companies. Continue reading Amazon, Google, Qualcomm Support Global Antitrust Institute

CTA Announces All-Digital Experience for January’s CES 2021

The Consumer Technology Association (CTA) announced that its next annual CES confab, scheduled for January 6-9, will be “an all-digital experience” due to the coronavirus pandemic. While prioritizing the health and safety of exhibitors and attendees, the virtual experience promises the usual keynotes and conferences, product showcases, media events, and opportunities for meetings and networking. According to CTA chief exec Gary Shapiro, “Technology helps us all work, learn and connect during the pandemic — and that innovation will also help us reimagine CES 2021 and bring together the tech community in a meaningful way.” Continue reading CTA Announces All-Digital Experience for January’s CES 2021

Intel Further Delays 7-Nano Chips and Considers Outsourcing

Although Intel posted stronger earnings in Q2, largely due to the remote working environment created by COVID-19, the company revealed a now 12-month delay in producing 7-nanometer chips that are the foundation of future CPUs. With the news, Intel’s shares dropped in after-hours trading. The company faces competition from rival AMD and is expected to lose about 3 percent in revenue when Apple switches to its own chips. Intel chief executive Bob Swan broached the idea of continuing to design chips but outsourcing their production. Continue reading Intel Further Delays 7-Nano Chips and Considers Outsourcing

Twitter Reports Increase in Daily Users But a Drop in Revenue

In the quarter ending June 30, Twitter’s number of daily users rose 12 percent from the previous quarter to 186 million, while revenue dropped 19 percent from a year earlier to $683 million. The former number surpassed the expectations of analysts polled by FactSet whereas the latter was below the predicted $702 million estimate. It adds up to a $1.23 billion loss, impacted by a reversal of a $1+ billion tax benefit in 2019. Twitter has not provided forecasts for revenue or operating income in its latest earnings report. Continue reading Twitter Reports Increase in Daily Users But a Drop in Revenue

Plex Launches 80 Live TV Channels on Its Ad-Supported App

The free, ad-supported media app Plex just added 80 live TV channels, none of them cable channels like CNN, Lifetime or TBS. Rather, it offers a lineup that includes Reuters, Toon Goggles and the Bob Ross Channel, among others. In the current economic climate, consumers are gravitating to this kind of free linear programming, which harkens back to the early days of television. Plex got its start as a cord-cutting solution with free on-demand video and DVR functionality for on-air TV networks. Continue reading Plex Launches 80 Live TV Channels on Its Ad-Supported App

Energy Department Plans to Build a Secure Quantum Internet

The U.S. has unveiled a national project to build a quantum Internet, which would function alongside existing Internet networks. A quantum Internet is based on photons exhibiting a quantum state known as entanglement that allows it to share information over long distances without a physical connection. One goal of the project is to build a network that would be more secure and nearly unhackable. The Department of Energy created a strategy by which its 17 national labs would serve as a backbone for a prototype national quantum Internet to launch in 10 years. Continue reading Energy Department Plans to Build a Secure Quantum Internet

Google Ramps Up Online Shopping, Faces Scrutiny in Europe

Google has tried to compete with Amazon in online shopping four times since 2013. But, with shoppers stuck at home during the COVID-19 pandemic, the company now sees another opportunity. To lure sellers, Google said it would waive sales commissions, which range from 5 percent to 15 percent, and let retailers use third-party payment and order management services like Shopify. In the European Union, meanwhile, Google is facing the demand that it “make major concessions” related to its $2.1 billion purchase of Fitbit, including how it uses customer data for search and advertising. Continue reading Google Ramps Up Online Shopping, Faces Scrutiny in Europe

Microsoft Cloud Service Revenues Skyrocket Past $50 Billion

Microsoft reported that sales rose 13 percent to $38 billion in its fiscal Q4, for a net profit of $11.2 billion. Largely due to continued demand for its Azure cloud-computing services, both figures exceeded Wall Street expectations. Microsoft’s revenue from the commercial cloud division “surpassed $50 billion for the first time ever in the latest fiscal year.” The company is also the target of a complaint Slack filed with the European Commission, accusing it of using its market power to crush rivals. Continue reading Microsoft Cloud Service Revenues Skyrocket Past $50 Billion

Spotify, Universal Music Join Forces with New Licensing Pact

Spotify inked a new multi-year global licensing deal with Universal Music Group after being out-of-contract for about a year. Under the terms of the agreement, Spotify has access to UMG’s catalog for streaming and UMG will be part of Spotify’s so-called two-sided marketplace, whereby it will pay for analytics, data and marketing. Spotify, under pressure to prove to investors that it can be more consistently profitable, spends most of its revenue on licensing deals with music publishers and record labels. Continue reading Spotify, Universal Music Join Forces with New Licensing Pact

Facebook Greenlights Equity Teams to Study Algorithmic Bias

Facebook-owned Instagram created an “equity and inclusion team” to look at how Black, Hispanic and other U.S. minority users are impacted by the company’s algorithms and machine-learning systems. An Instagram spokesperson revealed that Facebook is planning a similar team. Only last year, Facebook wouldn’t allow employees to study the issue of bias introduced by algorithms, so the move is a reversal. Meanwhile, the advertiser boycott against Facebook, in part for how it deals with racial issues, is still in effect. Continue reading Facebook Greenlights Equity Teams to Study Algorithmic Bias

Nvidia and University of Florida Partner on AI Supercomputer

The University of Florida (UF) and Nvidia joined forces to enhance the former’s HiPerGator supercomputer with DGX SuperPOD architecture. Set to go online by early 2021, HiPerGator will deliver 700 petaflops (one quadrillion floating-point operations per second), making it the fastest academic AI supercomputer. UF and Nvidia said the HiPerGator will enable the application of AI to a range of studies, including “rising seas, aging populations, data security, personalized medicine, urban transportation and food insecurity.” Continue reading Nvidia and University of Florida Partner on AI Supercomputer

Musicians Experiment with Live Streaming During Coronavirus

Since COVID-19 shut down in-person concerts, live-streaming versions from the likes of Diplo, John Legend and Keith Urban have become the norm. At first the streamed concerts were mostly free and aimed at soothing nerves or raising money for charity. Since then, concerts have become more professionally produced while artists also experiment with interactive Q&A sessions, specialized mini-concerts and performing in video games. Some artists, like Erykah Badu, built their own platforms — and venues, media organizations like Billboard and NPR, and even retailers such as Urban Outfitters and Navy Exchange started participating. Continue reading Musicians Experiment with Live Streaming During Coronavirus

Twitter Bans Accounts Promoting QAnon Conspiracy Theories

Twitter removed about 150,000 accounts disseminating QAnon right-wing conspiracies for violating the social platform’s policies and distributing harassment and misinformation that could potentially lead to harm. The company added that it will no longer recommend QAnon-related accounts and content, including that contained in email. Twitter also stated it will make efforts to limit these theories from appearing in trending topics and search, as well as users posting links affiliated with the theories. Continue reading Twitter Bans Accounts Promoting QAnon Conspiracy Theories

Security Regulation Causes Tech Firms to Rethink Hong Kong

Since China imposed its new national security law in Hong Kong, numerous technology companies — especially startups — are making plans to leave the city, just as it was developing into a significant regional fintech hub. One reason is that clients and suppliers are concerned that their data and Internet services will be under the surveillance of Chinese authorities. While the startups are already packing up, the bigger technology companies, including Facebook, Google and Twitter, are mulling over their next move. Continue reading Security Regulation Causes Tech Firms to Rethink Hong Kong