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Archivo del Autor: Belen De Leon

Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute

As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.6 billion), on consolidated revenue of 56.13 trillion won, slightly above the guidance it issued three weeks ago.

Last quarter, Samsung also reported that its operating profit had dropped by more than half. The same issues that hit its earnings during the first quarter of this year have continued, including lower memory prices as major datacenter customers adjust their inventory, meaning they are currently buying less chips (the weak market also impacted competing semiconductor maker SK Hynix’s quarterly earnings).

Samsung reported that its chip business saw second-quarter operating profit drop 71% year-over-year to 3.4 trillion won, on consolidated revenue of 16.09 trillion won. In the second half of the year, the company expects to continue dealing with market uncertainty, but says demand for chips will increase “on strong seasonality and adoption of higher-density products.”

Meanwhile, Samsung’s mobile business reported a 42% drop in operating profit from a year ago to 1.56 trillion won, on 25.86 trillion won in consolidated revenue. The company said its smartphone shipments increased quarter-over-quarter thanks to strong sales of its budget Galaxy A series. But sales of flagship models fell, due to “weak sales momentum for the Galaxy S10 and stagnant demand for premium products.”

Samsung expects the mobile market to remain lackluster, but it will continue adding to both its flagship and mass-market lineups. It is expected to unveil the Note 10 next month and a new release date for the delayed Galaxy Fold, along with new A series models in the second half of the year.

“The company will promptly respond to the changing business environment, and step up efforts to secure profitability by enhancing efficiency across development, manufacturing and marketing operations,� Samsung said in its earnings release.

It’s not just market demand that’s impacting Samsung’s earnings. Along with other tech companies, Samsung is steeling itself for the long-term impact of a trade dispute between Japan and South Korea. Last month, Japan announced that it is placing export restrictions on some materials used in chips and smartphones. Samsung said it still has stores of those materials, but it is also looking for alternatives since it is unclear how long the dispute between the two countries may last (and it could last for a long time).


Source: TechCrunch

Sex tech startups band together to protest Facebook’s ad policies

There’s a double standard when it comes to the sexualities of men versus women, trans and gender non-conforming folks. Unbound and Dame Products, two sex tech startups, have teamed up to bring attention to the issue.

By launching a website, “Approved, Not Approved” and staging a protest outside Facebook’s NYC headquarters, the two startups hope to bring more awareness to the company’s advertising guidelines that seem to favor products that cater to cisgender men. The point of the digital campaign is to show how ads for sex toys and products geared toward men are more likely to be approved than those for women, trans or gender non-conforming people.

“For so long, advertisements have been how we continue to reinforce the status quo of what we view as societally desirable and validating,” Dame Products CEO Alexandra Fine told TechCrunch. “Since we’re in a category that’s often denied, we wanted to create an experience that illuminates the disparity.”

On Facebook, for example, it’s prohibitive to promote the sale or use of adult products or services except for ads that pertain to family planning and contraception. The policy also requires that ads for contraceptives cannot focus on sexual pleasure or sexual enhancement, and have to be targeted to people 18 years or older.

“They’re never going to view sexual pleasure as necessary — only functionality as necessary,” Fine said. “And since the functioning only matters for one sex, then we’re just encouraging shitty sex or at least one-sided sex. Healthy sex should be pleasurable sex. That’s really what I think is important.”

Facebook, however, clearly disagrees since it explicitly bans ads relating to sexual pleasure.

“We have had open lines of communication with both companies about our policies and are always taking feedback,” a Facebook spokesperson told TechCrunch. “We are working to further clarify our policies in this space in the near future.”

Unfortunately, there is no telling if and when Facebook and other platforms will change their advertising policies to enable companies like Dame Products and Unbound to reach potential customers through ads.

“I think a lot of us feel like we’ve been silenced by these platforms and they control so much,” Unbound CEO Polly Rodriguez told TechCrunch. “Facebook, Instagram, Pinterest — these are the channels startups live and die by. Not being able to advertise on them is a big deal because, in addition to the policies being biased and genders, it prevents those founders from being able to reach potential customers.”

Unbound CEO Polly Rodriguez. The startup was a finalist at TC Disrupt SF Startup Battlefield finalist in 2018.

In addition to missing out on potential customers, an inability to advertise can have a detrimental effect on a business in terms of raising venture funding.

“I think one of the most frustrating things is trying to raise a round and getting pushback around where you’ll spend the money,” Rodriguez said. “It’s just tough because it’s this vicious cycle where we could be growing at the same rate as a Him or a Roman. It’s definitely in the tens of millions of dollars in terms of foregone profits.”

In addition to the protest, Fine is suing New York City’s Metropolitan Transportation Authority alleging it’s in violation of Dame’s First Amendment rights, the due process clause of the 14th Amendment and the state’s constitutional rights regarding freedom of speech. The lawsuit came in light of the MTA preventing Dame from running its ads on the subway.

Still, despite efforts to squash it, sex tech may finally be getting its moment in the sun. Earlier this month, the sex tech industry had a big win when the organizer of the Consumer Electronics Show finally decided to allow sex tech companies to exhibit and participate in its competition. That came after the Consumer Technology Association, the organizer of CES, royally messed up with sex tech company Lora DiCarlo last year. The CTA revoked an innovation award from the company, which is developing a hands-free device that uses biomimicry and robotics to help women achieve a blended orgasm by simultaneously stimulating the G-spot and the clitoris. In May, CTA re-awarded the company and apologized.

“It’s so rare you see a victory like that and it was because of the press,” Rodriguez said. “It was because it takes. It’s unfortunate these companies don’t do the right thing because it’s the right thing to do. They do the right thing when enough people speak out about it.”


Source: TechCrunch

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles.

The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one.

The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems.

The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line somehow and plummet to earth, crashing into the ground some 150 feet from a bunch of kindergartners. No one was hit but this narrowly avoided being a worst-case scenario for the service: not just a craft failing, but the emergency systems failing as well, and over not just a populated area but immediately over a bunch of children. The incident was documented last month but not widely reported.

Falling from a few hundred feet, the 12-kilogram (about 26 pounds) drone and payload could easily have seriously injured or even killed someone — this is why there are very strict regulations about flying over populated areas and crowds.

Obviously they grounded the fleet following this incident and will not spin up again until Matternet addresses the various issues involved. How was it even possible, for instance, that the parachute line was capable of being cut by something on the drone?

IEEE Spectrum first noted the news stateside. The company the following statement on the matter:

This is the first time ever that our vehicle parachute system has failed. As stated in the report, the flight termination system was triggered nominally per the drone’s specification, but the parachute cord was severed during the parachute deployment.

At Matternet, we take the safety of our technology and operations extremely seriously. A failure of the parachute safety mechanism system is unacceptable and we are taking all the appropriate measures to address it.

Swiss Post and Matternet reacted to the incident immediately by grounding all the operations involving this vehicle type. Our experts analyzed the incident and proposed the appropriate mitigations which are being evaluated by FOCA. We will restart operations once Matternet and Swiss Post, FOCA and our hospital customers in Switzerland are satisfied that the appropriate mitigations have been applied.

Drone delivery is a promising field, but situations like this one don’t do it any favors when regulators take a look. Despite sunny predictions from the industry, there is a huge amount of work yet to be done in terms of flight proving the technology, and although 2 failures out of some 3,000 may not sound like a lot, if one of those failures is an uncontrolled fall that nearly takes out some kids, that could set the entire industry back.

(This story has been slightly updated to accommodate a new statement from Matternet.)


Source: TechCrunch

A Facebook mind-reading device wants you to type with your brain – CNET

Don’t expect this vision to become reality anytime soon, though.
Source: CNET

Apple aims for iPhone 11 services-fueled rebound even as current iPhone sales dip – CNET

The company’s rosier outlook is largely prompted by wearables and a raft of new services like Apple Arcade and Apple TV Plus.
Source: CNET

Best home security systems of 2019: Professional monitoring, DIY, video doorbells and more – CNET

Yes, shopping for the best home security system can be a confusing headache. Fortunately, we’ve done a lot of the legwork for you.
Source: CNET

Apple CEO Tim Cook says he wants to make Mac Pro in the US – CNET

That’s why Apple asked for tariff exclusion on parts.
Source: CNET

NASA calls for more companies to join its commercial lunar lander program

NASA has opened up a call for companies to join the ranks of its nine existing Commercial Lunar Payload Services (CLPS) providers, a group it chose in November after a similar solicitation for proposals. With the CLPS program, NASA is buying space aboard future commercial lunar landers to deliver its future research, science and demonstration projects to the surface of the Moon, and it’s looking for more providers to sign up as lunar lander providers fo contracts that could prove put to $2.6 billion and extend through 2028.

The list of nine providers chosen in November 2018 includes Astrobotic Technology, Deep Space Systems, Draper, Firefly Aerospace, Intuitive Machines, Lockheed Martin, Masten Space Systems, Moon Express and OrbitBeyond. NASA is looking to these companies, and whoever ends up added to a list as a result of this second call for submissions, to bring both small and mid-size lunar landers, with the aim of delivering anything from rovers, to batteries, to payloads specific to future Artemis missions with the aim of helping establish a more permanent human presence on the Moon.

NASA’s goal in building out a stable of providers helps its Moon ambitions in a few different ways, including providing redundancy, and also offering a competitive field so that they can open up bids for specific payloads and gain price advantages.

At the end of May, NASA announced the award of over $250 million in contracts for specific payload delivery missions that were intended to take place by 2021. The three companies chosen from its list of nine providers were Astrobotic, Intuitive Machines and OrbitBeyond – OrbitBeyond told the agency just yesterday, however, that it would not be able to fulfill the contract awarded due to “internal corporate challenges” and backed out of the contract with NASA’s permission.

Given how quickly one of their providers exited one of the few contracts already awarded, and the likely significant demand there will be for commercial lander services should NASA’s Artemis ambitions even match up somewhat closely to the vision, it’s probably a good idea for the agency to build out that stable of service providers.


Source: TechCrunch

John Ratcliffe Is a Dangerous Pick for Director of National Intelligence

The director of national intelligence’s main job is to speak truth to power. Trump’s nominee, John Ratcliffe, seems destined to do the opposite.
Source: Wired

Can robots find a home in the classroom?

A few years ago, investors heralded the arrival of a future with robots in the home. Robots like Jibo, Anki’s Cozmo and Mayfield Robotics’ Kuri attracted buzz and hundreds of millions of dollars in venture capital. All three companies have since shut down, prompting Kidtech expert Robin Raskin to recently ask, “Has the sheen worn off the tech toy world?�

With the demise of these robots and their makers, it’s fair to wonder if and when there will be a time when robots have a real place in our lives. But some robots are finding a home in a counterintuitive place: schools.

Because for robots to succeed, they need to find an application that integrates with human needs — solving real problems — and sustains their use. At home, the current wave of robots may provide children with a few hours of entertainment before they are tossed aside like any other new toy.

In schools, however, robots are proving that they can serve a purpose, bridging the divide between the digital and physical worlds in ways that bring to life concepts like coding. Savvy teachers are finding that robots can help to bring project-based learning alive in ways that supports development of valuable critical thinking and problem-solving skills.

It would not be the first time that K-12 schools paved the way as early adopters of technology. Forty years ago, the Apple II was widely adopted in schools first, before desktop computers colonized the home. Laptops famously gained early momentum in schools, where their light weight and portability were tightly aligned with the rise of in-class interventions and digital content. Schools were also early adopters of tablets, which, despite a few high-profile failures, are now seemingly ubiquitous in K-12 classrooms.

The rise of robotics in K-12 schools has been buoyed by not just intrigue with the potential of new gadgets, but an increased focus on computer science education. Just a decade ago, only a few states allowed computer science to count toward STEM course requirements. Today, nearly every state allows computer science courses to fulfill core graduation requirements, and 17 states require that every high school offer computer science.

The growing importance of computer science at the high school level has, in turn, trickled down to elementary and middle schools, where teachers are turning to robots as an effective way to introduce students to states’ new K-12 computer science standards. In California, the state’s board of education now suggests that schools use robots to satisfy five of its standards.

Educators are recognizing the potential of robots, not as toys, but as powerful tools for learning.

From a design level, classroom robots are fundamentally different than those at home. Learning necessitates that — instead of bite-sized, shallow experiences, robots must provide experiences that have the depth and variety needed to keep students engaged over months and years. To succeed in the classroom, they must be accompanied by thoughtful curricular content that teachers can incorporate into their instruction. Because robots are relatively expensive, teachers need robots they can reliably use for a long time.

It’s a trend that hasn’t been lost on companies like littleBits and Sphero, which are quickly pivoting to focus on a K-12 market dominated by legacy players like Lego. Wonder Workshop robots, which gained popularity through retail channels like the Apple Store and Amazon, are now being used in more than 20,000 schools across the world. Although they currently penetrate just a fraction of the K-5 classrooms in the U.S., their success is not only drawing increased interest from investors, but fueling innovations that could have implications for pernicious equity gaps that still plague STEM classrooms — and high-tech fields.

While the toy industry has long marketed its products differently to boys and girls in ways that actually reinforce stereotypes through product design and advertising, robots designed for the classroom must appeal to all students. Earlier versions of Wonder Workshop’s Dash robot, for example, rolled around on visible wheels.

During its initial user studies, the company learned students equated wheeled robots with cars and trucks. In other words, they viewed Dash as something meant for boys. So, Wonder Workshop covered up Dash’s wheels. It worked. Today, nearly 50% of participants in the company’s Wonder League Robotics Competition are girls, with many of the winning teams each year being all-girl teams.

So while the national narrative often imagines a dystopian future where robots come for our jobs, classroom robots are actually helping teachers meet the needs of increasingly diverse classrooms. They are helping students improve their executive function, creativity and ability to communicate with others.

Educators are recognizing the potential of robots, not as toys, but as powerful tools for learning. And children as young as kindergarten are using robots to better and more quickly understand mathematical concepts. Students who have the opportunity to learn from — and with — robots in the classroom today may develop a generation of robots that can play a role in our lives well into the future. They will grow up not merely as consumers of technology, but creators of it.


Source: TechCrunch

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