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Archivo del Autor: Belen De Leon

Twitter beats expectations as users grow and streamlining continues – CNET

Twitter is trying to become a healthier place.
Source: CNET

AMD will launch anniversary edition Radeon VII and 2700X to celebrate 50th year

Ahead of its new hardware lines launching this summer, AMD will celebrate its 50th anniversary with special editions of its top-tier gaming hardware: the Radeon VII and Ryzen 2700X.

The post AMD will launch anniversary edition Radeon VII and 2700X to celebrate 50th year appeared first on Digital Trends.


Source: Digital trends

Teen hits Apple with $1B lawsuit over facial-recognition arrest – CNET

The 18-year-old said he was wrongly blamed for stealing from Apple Stores.
Source: CNET

Verizon Q1 beats analyst expectations with earnings per share of $1.22

Verizon just released its first quarter earnings report, with earnings per share that came in significantly ahead of analyst expectations, while revenue was right in line with predictions.

The company reported EPS of $1.22 per share (or $1.20 when adjusted to exclude a 2 cent benefit due to a pension re-measurement triggered by its recent voluntary redundancy program) and revenue of $32.1 billion, which was up 1.1 percent year-over-year. Analysts had predicted EPS of $1.17 and revenue of $32.15 billion.

Verizon also saw 61,000 net additions to its postpaid retail wireless business, including 174,000 net additions on the postpaid smartphone side.

The Verizon Media division (which owns TechCrunch) reported revenue of $1.8 billion, down 7.2 percent year-over-year. The company blames this decline on falling desktop ad revenue.

The report comes as Verizon begins its 5G rollout in  Chicago and Minneapolis, with the company saying that the 5G network buildout was part of its $4.3 billion in capital expenditures.

“2019 is shaping up to be an exciting year for Verizon,” said chairman and CEO Hans Vestberg in a statement. “We are leading the world in the development of new technologies with the launch of our 5G Ultra Wideband network. Our ambition remains unchanged to provide the most advanced next-generation networks in the world.”

As of 8am Eastern, Verizon shares are up 0.72 percent in pre-market trading.


Source: TechCrunch

The robot-recruiter is coming — VCV’s AI will read your face in a job interview

With remote working becoming more of a norm than ever before, remote interviews have, in turn, become a necessity. But how can you truly assess someone from these? In addition, it’s easy to miss great candidates just because you don’t have time to interview all the candidates.

A number of startups have appeared to try and address the problem. HireVue,
which has raised $93M, has tried to address with an AI-driven ‘Hiring Intelligence’ platform. AllyO, which has raised $19M, is trying to make hiring more efficient by addressing the traditional inefficiencies of lost applicants and conversions due to poor candidate experience. And Arya is a seed stage start-up which uses machine learning to identify successful sourcing patterns and draws potential candidates out of online profiles.

Another player is applying algorithms to the hiring process.

VCV.AI, has now raised $1.7 million to automatically screens job candidates using facial and voice recognition. Yes, it looks like another episode of Black Mirror is on its way…

The investment comes from Japanese VC Will Group, Talent Equity Ventures, 500 Startups and angel investors, including Masahiro Takeshima of Indeed. The funding will help VCV continue to develop its technology and strengthen its position, and will also see it opening an office in Tokyo, Japan.

VCV claims it can help eliminate human bias from the hiring process with preliminarily screening of candidates, automated screening calls, and by conducting these robo-video interviews with voice recognition and video recording.

Through VCV, potential candidates can record a video using a computer or smartphone on iOS or Android. This functions like a real interview, as candidates don’t have the ability to prepare for the questions in advance. Additionally, facial and voice recognition identifies a candidates’ nervousness, mood, and behavior patterns to help recruiters assess whether a person is a good cultural fit for the company.

VCV says this doesn’t replace the job of a recruiter but enhances their toolset so they can find and screen a greater number of candidates more efficiently. The startup says this AI-led approach helps companies save over 20 hours of work with recruiting bots working 24/7 to find, chat, and interview potential candidates.

Clients already include PWC, L’Oreal, Danone, Mars, Schlumberger, and Citibank .

Arik Akverdian, founder and CEO of VCV.AI, said: “AI can improve and streamline the hiring process, while also helping to remove corrosive biases that all humans have. There’s no reason technological innovation shouldn’t transform this area of business—especially considering human talent is an organization’s most important asset.”

We will see how those biases play out once all our hiring is via AI…


Source: TechCrunch

Stranger Things Season 3: Everything to know video – CNET

The gang return for another season of creepy monsters and ’80s nostalgia
Source: CNET

Galaxy Fold delay a setback for Samsung, but it could've been way worse – CNET

Commentary: This is no Galaxy Note 7 debacle.
Source: CNET

In Automation, the Last Motion Will Come Before the Last Mile

Opinion: Robots seem to be the solution to the “last mile” problem. But mechanization will likely come for a different part of the process first.
Source: Wired

Harness hauls in $60M Series B investment on $500M valuation

Series B rounds used to be about establishing a product-market fit, but for some startups the whole process seems to be accelerating. Harness, the startup founded by AppDynamics co-founder and CEO Jyoti Bansal is one of those companies that is putting the pedal the metal with his second startup, taking his learnings and a $60 million round to build the company much more quickly.

Harness already has an eye-popping half billion dollar valuation. It’s not terribly often I hear valuations in a Series B discussion. More typically CEOs want to talk growth rates, but Bansal volunteered the information, excited by the startup’s rapid development.

The round was led by IVP, GV (formerly Google Ventures) and ServiceNow Ventures. Existing investors Big Labs, Menlo Ventures and Unusual Ventures also participated. Today’s investment brings the total raised to $80 million, according to Crunchbase data.

Bansal obviously made a fair bit of money when he sold AppDynamics to Cisco in 2017 for $3.7 billion and he could have rested after his great success. Instead he turned his attention almost immediately to a new challenge, helping companies move to a new continuous delivery model more rapidly by offering Continuous Delivery as a Service.

As companies move to containers and the cloud, they face challenges implementing new software delivery models. As is often the case, large web scale companies like Facebook, Google and Netflix have the resources to deliver these kinds of solutions quickly, but it’s much more difficult for most other companies.

Bansal saw an opportunity here to package continuous delivery approaches as a service. “Our approach in the market is Continuous Delivery as a Service, and instead of you trying to engineer this, you get this platform that can solve this problem and bring you the best tooling that a Google or Facebook or Netflix would have,” Basal explained.

The approach has gained traction quickly. The company has grown from 25 employees at launch in 2017 to 100 today. It boasts 50 enterprise customers including Home Depot, Santander Bank and McAfee.

He says that the continuous delivery piece could just be a starting point, and the money from the round will be plowed back into engineering efforts to expand the platform and solve other problems DevOps teams face with a modern software delivery approach.

Bansal admits that it’s unusual to have this kind of traction this early, and he says that his growth is much faster than it was at AppDynamics at the same stage, but he believes the opportunity here is huge as companies look for more efficient ways to deliver software. “I’m a little bit surprised. I thought this was a big problem when I started, but it’s an even bigger problem than I thought and how much pain was out there and how ready the market was to look at a very different way of solving this problem,” he said.


Source: TechCrunch

Twitter Q1 flies past estimates with sales of $787M and EPS of $0.25, but MAUs drop to 330M

Social networking and media platform Twitter today reported its results for the first quarter of the year, and it’s a strong one. The company said that revenues came in at $787 million, up 18 percent on a year ago; with net income of $191 million and earnings per share of $0.25. However, monthly active users continue to paint a challenging picture (no surprise that MAUs are a dying metric for the company). Twitter says MAUs were 330 million in Q1, a drop of 6 million users compared to a year ago, although up 9 million on last quarter.

Monetizable daily active users — Twitter’s new and preferred metric for user numbers — were 134 million in the quarter, up 11 percent on a year ago. (Note: the earlier 28 million figure we used here was US-only.)

Still, on the financial side, this is a strong set of results for the company. Going into today, average analyst expectations were for Twitter to post about $775 million in sales ($742-$815 million range) on an EPS of $0.15 per share ($0.10-$0.20 range). Twitter itself last quarter said it expected Q1 revenues to be between just $715 million and $775 million, with operating income between $5 million and $35 million.

Shares are up 6.22 percent so far in pre-market trading.

With those numbers relatively stabilised, Twitter is putting more focus on trying to improve its actual product in the two areas where it has been considered weak: the ability for people to use Twitter when it gets noisy and active; and the general “health” of content management, around harassment and fake news. For the former, it’s been tinkering with a prototype app called twttr, and for the latter, it’s been adding more rules that it is proactively enforcing, which it says has led to “helping [Twitter] remove 2.5 times more of this content since launch.”

The “initial focus” of the twttr app up to now has been to focus on conversations and how to make them easier to follow. This implies that the app could stay around for some time to come and become the testing ground for much more, including Twitter’s increasing forays into video and other content and how it manages bad actors on the platform: in other words, aspects of the service potentially represent opportunities for growth and monetization — or otherwise urgently need attention because if they don’t get resolved they will ultimately hinder both.

This is the last quarter that Twitter is reporting monthly active users, as it makes a switch instead to reporting “mDAUs”, or monetizeable daily active users, which it claims is a more accurate representation of how the business is growing. MAUs have not been a great metric for the company over the years, with one of Twitter’s strongest criticisms being that its user growth is stagnating. Given that the platform has a strong surge of usage around specific events, the average usage on days will work out stronger than that of usage on a monthly period.

As is the case with Facebook, a majority of Twitter’s users (but not revenues, see below) are coming from outside its home country of the US, where mDAUs were 28 million, compared to mDAUs of 105 million internationally.

Last quarter, while reporting a relatively strong set of Q4 earnings, we noted that Twitter’s stock dropped on that weak guidance, which represented a big drop from Q4 at a time (Q1) when many expect Twitter to report its strongest numbers.

As a point of comparison, a year ago in Q1 2018, Twitter posted revenues of $665 million, on an EPS of $0.16 per share, both blowing past Wall Street estimates with sales up 21 percent year-on-year.

Drilling down into where money is coming from for the company, the US is still Twitter’s biggest market in terms of revenues, if not users. The US accounted for $432 million, or 55 percent, of Twitter’s revenues, with international revenues at $355 million. To note, Twitter noted that the US is current the engine of its revenue growth, where figures were up 25 percent on last year (while international was only up 11 percent). Japan, it noted, continued to represent Twitter’s second-largest market, contributing $136 million to Q1 revenues.

It will be interesting to see how and if Twitter addresses that: since international represents such a large part of its user base, monetizing it more effectively could really give the company a boost.

In terms of what is actually making money for the company, advertising continues to be Twitter’s biggest cash cow. Of its $787 million in Q1 revenues, $679 million, or just over 86 percent, comes from advertising. That’s been a consistent proportion: ad revenues were up 18 percent, just like overall revenues. As with other social platforms, video is giving advertising a boost at Twitter. It specifically singled out Video Website Cards and in-stream pre-roll ads.

Data licensing and unspecified “other revenue” was $107 million, up 20 percent, and it sounds like Twitter isn’t expecting huge growth in this area. “DES continues to see new customer opportunities and use cases as well as smaller customers adopting our self-service APIs… however, we are now largely through our multiyear enterprise renewal cycle in DES. As a result, many of our largest partners are now at market pricing and data licensing revenue growth is likely to moderate for the full year,” it noted.

More to come from the call.


Source: TechCrunch

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