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Debra KaufmanAugust 24, 2021
During the COVID-19 pandemic, IDC reported that Facebook sold more Oculus Quest 2 VR headsets than before. Now Facebook offers Quest 2 owners Horizon Workrooms, a free VR service that offers virtual meeting rooms. Users can participate with a customized cartoon avatar and the room offers virtual white boards for drawing and writing, a step towards what chief executive Mark Zuckerberg dubs the “mixed-reality future” for its 3.5 billion users. Zuckerberg introduced Workrooms in VR with employees and reporters in attendance. Continue reading Facebook Steps into Workplace VR with Horizon Workrooms
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Debra KaufmanAugust 13, 2021
Congress advanced legislation to spend $65 billion to expand high-speed Internet access across the country. The government estimates 14 million U.S. households don’t have broadband, but other sources believe the figure is 40 million or higher. The measure’s allocation of $65 billion for broadband, which in part would subsidize low-income households, would be the biggest ever spent in the United States. Approved by the Senate as part of the $1 trillion infrastructure measure, the measure now faces a vote in the House. Continue reading Congress Pushes Bill to Spend Billions on Broadband Access
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Debra KaufmanAugust 11, 2021
The U.S. Cybersecurity and Infrastructure Security Agency (CISA), part of the Department of Homeland Security, debuted the Joint Cyber Defense Collaborative (JCDC), which will leverage the expertise of Big Tech companies including Amazon, Google and Microsoft. According to CISA director Jen Easterly, the initiative’s aim is first to combat ransomware and cyberattacks on cloud-computing providers and ultimately to improve defense planning and information sharing between the government and private sectors. Continue reading U.S. Cybersecurity Agency Enlists Amazon, Google, Microsoft
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Debra KaufmanJuly 29, 2021
The COVID-19 pandemic has reaped rewards for Big Tech companies that benefitted from the shift to remote working and learning. Apple earned $21.7 billion in profit for the quarter that ended in June, the most successful quarter in the company’s 45-year history, while Alphabet and Microsoft also enjoyed strong quarterly earnings. Apple’s revenue rose 36 percent from the same period a year earlier to $81.4 billion, exceeding Wall Street expectations. Apple is on track to earn $86 billion for the fiscal year, according to FactSet analysts. Continue reading Apple Just Earned Its Biggest Profit in the Company’s History
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Debra KaufmanJuly 29, 2021
In Q2 2021, Google recorded its highest quarter ever for sales and profits: revenue of $61.88 billion, up 62 percent year-over-year; profit that more than doubled to $18.53 billion; advertising sales of $50.44 billion, a 69 percent surge, and YouTube ad business reaching $7 billion, up 84 percent from a year earlier. The numbers, which exceeded Wall Street expectations, were driven by e-commerce, streaming video and other online business and entertainment activities that surged during the COVID-19 pandemic, driving online advertising. Continue reading Google Reports Its Highest Quarter Ever for Sales and Profits
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Debra KaufmanJuly 29, 2021
Microsoft experienced a successful quarter, due in large part to significant growth in Azure cloud services. The company reported overall Q4 sales of $46.2 billion, up about 21 percent year-over-year, for a $16.5 billion profit, an increase of 47 percent year-over-year. Similar to other Big Tech companies, Microsoft’s numbers exceeded Wall Street expectations. According to chief financial officer Amy Hood, Microsoft expects overall sales of $44.2 billion for the current quarter. Microsoft’s stock is currently up 40 percent over the last year, and its valuation is now $2+ trillion, second only to its rival Apple. Continue reading Azure Drives Impressive Quarterly Sales, Profits for Microsoft
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Debra KaufmanJuly 27, 2021
Amazon and Microsoft dominate cloud computing but more businesses are leveraging smaller cloud rivals such as Google, Oracle and IBM. Experian, for example, launched with Amazon Web Services (AWS) in 2014, but is now using Microsoft, Google and Oracle, according to Experian global chief enterprise architect Mervyn Lally. At Oracle Cloud Infrastructure, executive vice president Clay Magouyrk said that more customers “adopt a multi-cloud strategy simply because some workloads run better or more cost-effectively on different clouds.” Continue reading Multi-Cloud Strategy Over a Single Provider Gains Momentum
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Debra KaufmanJuly 23, 2021
The Federal Trade Commission (FTC), under the new leadership of chairperson Lina Khan, voted unanimously to enforce Right to Repair legislation. The vote will ensure that U.S. consumers will be able to repair their own electronic and automotive devices. The FTC published a report in May excoriating manufacturers for not adhering to the Right to Repair rules, one of them the Magnuson-Moss Warranty Act. The Right to Repair movement has been led by the U.S. Public Interest Research Group and iFixit, among others. Continue reading The FTC Votes Unanimously to Support Right to Repair Laws
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Debra KaufmanJuly 21, 2021
This December, Washington-based game company Valve will debut its long-anticipated Steam Deck, a handheld device for PC gaming with models priced at $399 with 64GB of eMMC storage, $529 with 256GB of NVMe SSD, and the top-of-the-line $649 version with 512GB of high-speed NVMe SSD storage. Steam Deck is additionally being promoted as a handheld PC, allowing users to install and operate web browsers, other game stores (including Epic Games Store) and other video streaming services. It can also be connected to a keyboard and mouse and offers a cloud saving feature. Continue reading Valve to Launch Steam Deck Handheld Device for PC Games
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Debra KaufmanJuly 20, 2021
Having racked up 250 million 5G customers and removed data caps from its premium unlimited plan, AT&T doubled down on a 5G future with announcements of new partnerships. “We’re at the cusp of a decade of 5G… and we’ve been working up to this point for a long time getting all of the parts in place,” said AT&T vice president and general manager David Christopher. In the process of building out its 5G ecosystem, AT&T now sells mostly 5G-enabled phones, and Christopher said the pace of adoption has quickened. Continue reading AT&T Debuts 5G Partnerships at WarnerMedia Innovation Lab
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Debra KaufmanJuly 15, 2021
Amazon rival Shopify, which hosts online stores, announced it would no longer take a cut of the first $1 million that a developer makes on its app store. This follows similar moves by Amazon, Apple, Google and Microsoft that reduce app store fees for some developers, as the Big Tech companies are scrutinized by regulators and lawmakers over potential anticompetitive behavior. From August 1, developers on Shopify will keep 100 percent of their revenue from their first $1 million; the company said the benchmark will “reset” each year. Continue reading Shopify Cuts App Store Fees and Introduces Online Store 2.0
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Debra KaufmanJuly 9, 2021
On October 8, Nintendo will debut a new $350 Switch, the first major hardware upgrade to the console originally introduced in 2017 for $299. Available in time for holiday season sales, the new Switch will feature a larger 7-inch OLED screen and 64GB of onboard storage, double the original, as well as improved audio and an adjustable stand and dock. What consumers will not find, however, is an upgrade to a 4K display, a highly anticipated feature that would match the console offerings from Microsoft and Sony. Continue reading Nintendo’s New Switch Features OLED Display, More Storage
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Debra KaufmanJuly 8, 2021
The Defense Department stated that the contract for the Joint Enterprise Defense Infrastructure (JEDI) project “no longer meets its needs,” canceling a highly contentious $10 billion cloud computing contract awarded to Microsoft. In January, the department warned Congress that it would do so if a federal court agreed to hear whether former President Trump used his influence to award the contract to Microsoft over its rival Amazon. Such a suit, it pointed out, would result in a lengthy court cost and unacceptable delays. Instead, the Pentagon announced a new cloud program. Continue reading Pentagon Cancels JEDI Contract, Reveals New Cloud Initiative
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Debra KaufmanJuly 2, 2021
The five-year truce between Google and Microsoft has broken down. Sources say that neither company is interested in renewing the former alliance. Microsoft wants marketers to have equal access to search engines when they build campaigns with Google technology, but Google believes that, in fact, Microsoft sees it as a threat to Microsoft’s Azure cloud computing and Office productivity businesses. Both companies are now “handing ammo” against each other to regulators, a strategy that might backfire on both of them. Continue reading Google and Microsoft End Truce as Ad Tech Battle Heats Up
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Debra KaufmanJune 29, 2021
Intel chief executive Pat Gelsinger revealed it may take two years to ramp up chip production, while Advanced Micro Devices chief executive Lisa Su noted that her company is prioritizing high-end chips found in a PlayStation 5 game console or Nvidia GeForce RTX 3080 graphics card over “lower-powered parts.” The auto manufacturing sector has been hit hard by the semiconductor shortage — with some indicating no end in sight. At John Deere, chief technology officer Jahmy Hindman said that he expects “we’re into this for the next 12 to 18 months.” Continue reading Chip Shortage Continues to Have an Impact Across Industries