Snap has teamed up with a handful of partners to create new Lenses and new tools for the Lens Studio, which can make designing AR effects a simpler process. One of its new partners is StudioMDHR, developer of popular run and gun indie video game Cuph… Engadget RSS Feed
He will be making investments in real estate, e-commerce, and innovation in China and India.
Travis Kalanick announced on Wednesday that he is starting his own investment fund. The former CEO of Uber, who only recently resurfaced publicly since his June 2017 ouster, wrote that he has been working on what his next move will be over the last few months.
To that end, he’s been making personal investments in both for-profit and not-for-profit companies, and is creating this new fund to manage those ventures. Kalanick wrote that the fund, called 10100, would focus on “large-scale job creation” with investments in e-commerce, real estate and emerging tech in China and India.
In other words, Kalanick will be keeping himself busy by financing and sitting on the boards of companies, at least until he finds his next full-time job. Fresh off selling almost a third of his Uber shares to SoftBank Capital, Kalanick certainly has cash to spare. That transaction netted Kalanick almost $ 1.4 billion.
Many have questioned whether Kalanick would be able to take a step back from his role at Uber following his departure, or if he would attempt to continue to run the company from his board seat. But, the SoftBank transaction also came with governance changes that whittled his voting power and that of other board members. Now the number of shares directly correlate to the amount of decision-making power.
Kalanick did not respond to requests for more information at the time of publication.
Former Uber CEO and co-founder Travis Kalanick today announced a new investment fund he’s calling 10100, pronounced “ten-one-hundred,” that will focus on his “passions, investments, ideas, and big bets.” The theme of the fund, he says, will be large-scale job creation with a focus on real estate, e-commerce, and innovations from countries like China and India. “Our non-profit efforts will initially focus on education and the future of cities,” Kalanick writes. The announcement was made on Twitter this afternoon with a prefaced note from Kalanick that read simply, “Some news…”
The United States federal government is said to be looking to build a centralized 5G wireless network across the country within three years, according to a sensitive PowerPoint presentation and a memo obtained by Axios.
The documents said that the Trump administration is considering a federal “takeover” of a portion of the country’s mobile network to “guard against China” and hopes to finalize the details before September.
Today telecommunications companies like AT&T build their own systems using their own equipment and lease airwaves from the government, but now the U.S. is reportedly looking into paying for and building a 5G network and would “rent access to carriers.” The plans were said to have been recently presented to senior officials in the administration, and if agreed upon by September will see a rollout over the next three years.
Trump national security officials are considering an unprecedented federal takeover of a portion of the nation’s mobile network to guard against China, according to sensitive documents obtained by Axios.
The PowerPoint presentation says that the U.S. has to build superfast 5G wireless technology quickly because “China has achieved a dominant position in the manufacture and operation of network infrastructure,” and “China is the dominant malicious actor in the Information Domain.” To illustrate the current state of U.S. wireless networks, the PowerPoint uses a picture of a medieval walled city, compared to a future represented by a photo of lower Manhattan.
The government is trying to accelerate development of a 5G network as a way to defend against China, and hopes to create a “new paradigm” for the wireless industry before the end of President Trump’s current term. Although the documents are said to be focused on “Chinese threats to America’s economic and cyber security,” they also mention that a nationwide 5G network would help foster emerging technologies like self-driving cars and virtual reality. According to one administration official speaking to Bloomberg, the “takeover” terminology is “not part of the administration’s thinking.”
Outside of this news, most of the major U.S. mobile carriers like AT&T, Verizon, Sprint, and T-Mobile have already begun their move towards true 5G networks. AT&T most recently said it plans to launch a mobile 5G network in a dozen cities by the end of 2018, while Sprint mentioned its own wide-scale 5G network will launch by 2019, and T-Mobile is aiming for nationwide 5G coverage by 2020. The first iPhone that could support 5G is believed to be coming through a partnership between Apple and Intel.
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Apple has committed to invest more than $ 350 billion into the U.S. economy over the next five years, the company announced in a press release Tuesday.
The Cupertino tech giant’s investments will focus on three major areas: direct employment by Apple at its various facilities and services, spending and investment with domestic supply and manufacturing partners, and fueling the ever-growing App Store economy.
“We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness,” Apple CEO Tim Cook said. “We have a deep sense of responsibility to give back to our country and the people who make our success possible.”
About $ 75 billion of the total will come from capital expenditures, direct investments in manufacturing, and repatriation tax payments. Presumably, the rest of the $ 350 billion is the result of normal growth and spending by a company as massive as Apple.
“Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the U.S. economy,” Cook said.
Apple plans to invest $ 30 billion in capital expenditures in the country and create 20,000 new jobs at its own company over the next five years. That includes hiring new employees at existing campuses, as well as opening a new one. That new campus will house “technical support” staff, and its location will be announced next year.
It’s also allotting $ 10 billion of its capital expenditures to focus on investments in U.S.-based data centers — and Apple added that it is currently breaking ground on a new facility in downtown Reno, Nevada.
The company is also increasing the size of its Advanced Manufacturing Fund, which it announced last year, from $ 1 billion to $ 5 billion. That cash will go toward fostering U.S. manufacturing, including several new projects in Kentucky and Texas with U.S.-based partners.
Cupertino said that it works with over 9,000 American supply partners across all 50 states, and added that each of its core products “relies” on components and materials made in the U.S. or delivered via U.S. suppliers.
Apple has long said that it is responsible for creating and supporting over 2 million new jobs across the U.S., particularly as a result of the app economy it helped create. Today, it estimates that roughly 1.6 million jobs have been created due to the iOS App Store.
As part of its app economy ambitions, Apple also committed to “accelerating” its STEM and coding education support efforts across the U.S., including an increase in funding for tech and coding students in underserved communities via its ConnectED program.
Per recent changes to the tax law late last year, Apple — which notes that it is already the largest U.S. taxpayer — estimates repatriation payments of about $ 38 billion. A payment of that size, the company adds, would likely be the largest payment of its kind ever made. In addition, Apple will bring about $ 252 billion in cash back into the U.S.
It has been proven that adding “blockchain” to anything makes it a hugely more popular product. With that in mind, meet the Sugar S11 Blockchain Creation Edition. The design seems like a copy of the ZTE nubia Z17s but the hardware is different. That’s not what makes this phone, interesting though. The blockchain in question is Ethereum Fog, which forked off the Ethereum cryptocurrency on January 1 this year. It builds on ETH’s ability to run programs by adding a file system (still in development). Apparently, the devs behind the project want to offer the ease of Amazon’s AWS hosting…
A quick fix that can elevate the average Joe to Albert Einstein-levels of intelligence is a staple of sci-fi (see: Limitless, Flowers for Algernon). However, proponents of nootropics — controversial “smart drugs” that can take the form of pills or supplements — claim such abilities are already within our grasp.
According to a report from Research and Markets, the nootropics industry was worth $ 1.3 billion in 2015, and by 2024, it will grow to $ 6 billion. Early adopters include Silicon Valley entrepreneurs and students at ivy league universities, who say the various “stacks” of pill and supplements give them a competitive edge.
Geoff Woo is CEO of HVMN, a company that sells nootropic products. He told Futurism that each specific nootropic is designed to enhance or support certain aspects of cognition, such as reaction time, working memory, and mental stamina, and that they do so in various ways. For example, some up-regulate factors that control neuron growth while others may increase the availability of substrates necessary for brain function.
While Woo and others say available nootropics can have the desired effect, the scientific community is largely skeptical of their efficacy and safety.
In 2016, physicians at a meeting of the American Medical Association (AMA) adopted a policy discouraging physicians from prescribing drugs for the purpose of improved cognition, citing the potential for misuse and adverse consequences. They also noted the limited amount of information available on the dozens of nootropics that claim to improve cognitive performance.
An Added Bonus
While it’s true that trials of many of today’s most commonly used non-prescriptions nootropics either don’t support claims about the drug or aren’t robust enough to generate any definitive conclusions, is it beyond the realm of possibility that a pill could boost our cognitive abilities? Could it be that we just have to develop one?
Based on the growing interest in nootropics, it’s clear that the demand for such a drug exists. However, as Oxford researchers Ruairidh Battleday and Anna-Katherine Brem told Business Insider, researchers have trouble attracting the funding needed for the robust studies that could lead to a nootropic breakthrough because the drugs don’t actually address any health issues.
In the hunt for genetic information that could lead to the development of drugs to treat cognitive disorders such as Alzheimer’s and schizophrenia, Lencz’s international team of 65 scientists gleaned new insights into the molecular biology of the brain that influences cognitive ability. The results of their study have been published in Cell Reports.
As Lencz told Futurism, drugs that either block or enhance the activity of specific ion channels identified by his team could hypothetically affect cognitive performance. He believes this research could change lives, but perhaps not the lives people looking for a cognitive boost before their next board meeting or midterm.
“It is important to emphasize that our target is enhancing cognitive ability in patients with neurocognitive disorders. If our research is successful over the long-term, we might be able to help millions of such patients in the decades to come,” said Lencz. “However, it is unlikely that these approaches will have a noticeable effect on the daily lives of healthy people, at least in the foreseeable future.”
Still, Lencz’s study is built on sound peer-reviewed science using a large sample size of healthy individuals and intended or not, it could have implications in the field of nootropics. Not only could this research, and that of others focused on cognitive disorders, help develop treatments for serious medical conditions, it could also provide the foundation for the pill that one day lets us max out our cognitive potential.
Wibbitz, a leading AI-powered video creation platform, today released Building the Ultimate Toolbox for Visual Storytelling, a report based on responses, collected in November 2017, from 1,478 professionals across verticals such as telecommunications, entertainment, marketing, pharma, and education whose jobs involve the creation of visual content.
The report looks at which types of visual content creation tools are most popular, in what ways those tools support business goals, and how visual content supports business success overall, in order to help storytellers understand how to equip themselves in the pursuit of a successful content strategy.
The study’s overall findings revealed that visual content makes a noticeable impact on every major business goal, influencing website traffic (85 percent), brand awareness (84 percent), social media engagement (81 percent), and lead generation and sales (71 percent). Additionally, of survey respondents, 80 percent leverage automation tools for visual content creation, which directly correlates to their ability to create the five key formats of visual content (photos, video, infographics, illustrations, and animations) at a significantly more regular cadence than those who do not use automation.
Looking ahead, as demand for visual content increases in 2018 and beyond, the study found that more than three quarters (77 percent) of respondents plan to expand their visual content creation efforts inclusive of their budgets, human capital, visual content creation tools, and types of visual content.
“It’s undeniable that the need for visual content and tools to support its creation will continue to grow exponentially in the years ahead, yet there are so many ways to execute visual content creation that it’s easy for companies to get lost. Regardless of industry, company size, or amount of visual content already being produced, companies will need to continue adapting their visual technology toolboxes in order to satisfy audiences on every new platform and device,” said Zohar Dayan, Co-founder and CEO of Wibbitz. “Whether companies are hiring fresh talent, introducing innovative tech tools, trying out new content types, or just expanding their investment in visual content overall, the shift towards a multiplatform, visual-first business strategy is well on its way. We’re excited for 2018 and beyond as we deliver solutions to make production easier and distribution more effective to improve our clients’ bottom lines.”
Want to know more? Check out the full report here.