Amazon posted $2.53 billion in profit for the first time, with the highest profit margin ever, the result of the company’s more recent service businesses, including cloud computing, advertising and other services for sellers. The Q2 profit compares to $197 million a year earlier, and represents three straight quarters of profits over $1 billion, forever changing Amazon’s former profile as a company that posts either red ink or bare bones income. Alphabet and Microsoft, however, still deliver much bigger profits. Continue reading Cloud Services and Advertising Push Amazon to Major Profits

At its Cloud Next conference, Google revealed that its AutoML Vision, which allows non-experts to train their own self-learning models for image and object recognition, will soon be available in public beta. It also debuted AutoML Natural Language and AutoML Translation. To democratize such techy AI tools, Google relied on a simple graphical interface and such widely adopted interfaces as drag-and-drop. The company is also pitching its cloud services to corporations, having recently nabbed Target as a client. Continue reading Google to Open Up Its AutoML Vision AI Tool for Public Beta

Tech giants Facebook, Google, Microsoft and Twitter have announced the Data Transfer Project (DTP) to help people move data more easily between online services. DTP was formed last year with plans “to create an open-source, service-to-service data-portability platform” that any online service could join. While numerous services allow individuals to download data, only few allow uploading data to multiple accounts. If successful in creating universal data portability, the project could dramatically impact the tech industry and its current business models. Continue reading Technology Titans Join Forces on New Data Transfer Project

Amazon has thus far dominated the cloud computing business, but Microsoft is now a strong No. 2. The latter, in a quarterly financial report, indicated that its Azure cloud computing unit grew 89 percent over the same period a year ago and demonstrated growth in other cloud offerings. Synergy Research Group reports that the overall “core cloud business” is valued at $60 billion a year, having grown by 50 percent in Q1 2018. Amazon is responsible for a 33 percent share, which had held steady since the end of 2015. Continue reading Microsoft Azure Grows to the No. 2 Spot in Cloud Computing

To help its Amazon Web Services customers keep their data secure, the AWS Automated Reasoning Group is beta-testing two new tools, Zelkova and Tiros, which analyze security configurations, provide automated feedback on various set-ups and help administrators avoid mistakes that could endanger their data. Tiros focuses on checking for “unexpected access from the open Internet,” and Zelkova aids developers in understanding how permissive their setups are compared to existing infrastructure. Continue reading Amazon Web Services Testing Two ‘Provable’ Security Tools

Adobe Systems, now focused on a strategy to make its popular software compatible across multiple devices, plans to introduce a full version of its popular Photoshop app for Apple’s iPad, said sources. The app, which will likely be introduced at the company’s October creative conference, is also intended to drive new subscriptions. The new Adobe app for iPad will be released widely in 2019, although engineering could still change the dates. Adobe switched its business model to a software subscription model in 2012. Continue reading Adobe Updates Creative Cloud with Photoshop App for iPad

Intel is acquiring eASIC, a 120-person custom chip company in Silicon Valley, to help boost its Programmable Solutions Group. The company stated that, “FPGAs [field programmable gate arrays] are experiencing expanding adoption due to their versatility and real-time performance,” and that “eASIC has a proven, 19-year success record … [and its] addition … will help us meet customers’ diverse needs of time-to-market, features, performance, cost, power and product life cycles.” Terms of the deal were not revealed. Continue reading Intel to Purchase eASIC to Expand Programmable Solutions

OTOY, a Los Angeles-based visual effects software firm, launched RNDR to allow more people to create 3D computer generated images. The company, which created software used for productions such as “Westworld” and “The Avengers,” relied on cloud, blockchain and cryptocurrency technologies to create a way that people can create 3D imagery rendered by shared hardware hosted in the cloud, and then sold and/or traded via blockchain. Doing so, says chief executive Jules Urbach, reduces the cost, time and labor of creating such assets. Continue reading OTOY Rolls Out Blockchain-Based Rendering Platform RNDR

Google launched four new ad products to automate the process of buying ads and create a central marketing hub for Google. Via an integration with Shopify, Google now runs shopping ads on its site and enables advertisers to buy these ads directly through Shopify, a move that helps both companies fend off rival Amazon. The new ad products allow marketers to set a goal and then pursue it with ads across Google Search, Google Maps, YouTube and the Internet. Google ads head Sridhar Ramaswamy describes it as a “one-stop shop.” Continue reading New Features Make it Easier to Run Ads on Google Services

The Wi-Fi Alliance just unveiled WPA3, five months after it was first announced. The nonprofit organization that certifies Wi-Fi networking standards introduced a certification for two versions of WPA3, the successor standard to WPA2: WPA3-Personal and WPA3-Enterprise as well as Wi-Fi Easy Connect, a program that makes it easier to pair Wi-Fi devices without displays. Wi-Fi Alliance vice president of marketing Kevin Robinson dubs WPA3 as “the next generation of security for personal and enterprise networks.” Continue reading Wi-Fi Alliance Finalizes the WPA3 Wireless Security Protocol

Cyber criminals recently hacked the municipal computers of Rockport, Maine, demanding $1,200 in Bitcoin to unlock them. That’s just one example of a surge of ransomware aimed at municipal computer systems, both large and small, including the city of Atlanta and a St. Louis library system. According to Ponemon Institute, an information systems research firm, these kinds of public sector hacks are increasing faster than those on private ones. City officials are often unprepared to deal with the consequences. Continue reading Municipalities Increasingly Targeted for Ransomware Attacks

Japanese game publisher Capcom is introducing a cloud-based streaming service to add high-end games to Nintendo’s Switch. Last month, the company released a cloud version of “Resident Evil 7” for the Switch in Japan, priced at $18 for 180 days of access, compared to as much as $50 for a downloaded version. Up until now, the video game industry hasn’t fully adopted cloud services because — rather than simply streaming a selected song or video – the servers would have to respond without lag to unpredictable game play. Continue reading Capcom Debuts Cloud-Streaming Version of ‘Resident Evil 7’

ARM announced that it has acquired Stream Technologies in a deal that will bring Stream’s connectivity management capabilities to ARM’s Mbed IoT Device Management Platform. The integration of Stream tech is expected to provide customers with greater efficiencies and cost savings while managing connected devices regardless of location or network (Stream supports connectivity across wireless protocols including cellular, satellite and LoRa). ARM also recently announced a new processor designed to prevent attacks and tampering with IoT devices. Continue reading ARM to Enhance IoT Management With Purchase of Stream

During Microsoft’s E3 press conference yesterday in Los Angeles, Xbox head Phil Spencer announced that the company has acquired game studios Compulsion Games (Canada), Playground Games (United Kingdom), Ninja Theory (United Kingdom) and Undead Labs (Seattle). Microsoft is planning to expand its Xbox Game Pass service; building up its in-house game development should assist in that effort. Spencer also revealed that the company is developing a cloud-based game-streaming network that will work across Xbox, PCs and phones. Continue reading Microsoft Buys Four Game Studios to Ramp Up Development

Influenced by employee discontent, Google will not renew a contract with the Pentagon’s Project Maven when it expires next year. Google Cloud business head Diane Greene, who won the contract, was the one who announced the company’s decision in a weekly employee meeting. The Maven project uses artificial intelligence to interpret video images and, among its potential uses, could be employed to improve drone attack targeting. Many Google AI researchers worried aloud that it was a step towards using AI for advanced weaponry. Continue reading Google Plans Not to Renew its Defense Department Contract