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Posts Tagged ‘Facebook’

Can the Tech Giants Be Stopped?

Posted by hkarner - 17. Juli 2017

Date: 15-07-2017
Source: The Wall Street Journal

Google, Facebook, Amazon and other tech behemoths are transforming the U.S. economy and labor market, with scant public debate or scrutiny. Changing course won’t be easy.

Sometimes it is hard to grasp how quickly the giant tech companies have come to dominate the world economy. Ten years ago, only one of them, Microsoft , was among the biggest companies in the world as measured by market capitalization. These days, the top five usually consists of Apple , Alphabet (the parent company of Google), Amazon , Microsoft and Facebook .

It has been an astonishingly rapid rise for the tech giants, and it’s far from over. The big question for the future is: How will their ever-expanding control affect other businesses and the labor market? Den Rest des Beitrags lesen »

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HOW LONG UNTIL FACEBOOK TAKES OVER THE WORLD?

Posted by hkarner - 11. Mai 2017

Date: 10-05-2017
Source: NewsWeek

Facebook Doubles Down On Social VR With Spaces—Now in Beta!

At some point soon, possibly even in May, the number of people in the world using Facebook is going to top 2 billion. That will mean more than half of all internet users in the world are on Mark Zuckerberg’s 13-year-old social network.

In its first quarterly earnings report for 2017 on Wednesday, Facebook stated that it had 1.94 billion monthly active users—300 million more than it had at the same time last year. According to the web-monitoring website Internet Live Stats, there are more than 3.6 billion internet users in the world—around 200 million more than there were last year. Facebook is on its way to signing them up.

Speaking after the quarterly results were announced, Facebook CEO Mark Zuckerberg spoke of the company’s size but did not make explicit his plans for keeping up this astonishing rate of growth. “With that foundation our next focus will be building community,” Zuckerberg said. “There’s a lot to do there.”

The word “community” only hints at his ambitions. Several initiatives the social network has launched in recent years point to his plan to connect the entire world to the internet—and by extension, to Facebook.

Some attempts, like the solar-powered internet planes it tested in Arizona last July, have had some success yet remain a long way from being realized on any significant scale. Other attempts, such as its Free Basics program in India have failed entirely—Indian regulators shut the project down in February over concerns about the social network’s potential to threaten net neutrality.

On Thursday, the technology juggernaut announced the commercial launch of “Express Wi-Fi,” which it claims will give millions of Indians access to the web at an “affordable” fee. It is designed to allow people to pay for the internet directly from local service providers and according to its website is live in Nigeria, Kenya, Tanzania and Indonesia as well as India. The initiative forms part of facebook’s Internet.org project, which launched in 2013 with the stated ambition of connecting the two-thirds of the planet without internet access.

Some activists have criticized Internet.org for the underlying implications of what is arguably Zuckerberg’s most ambitious project.

“We shouldn’t celebrate Facebook’s efforts to ‘bring the internet to all’ because that is not what they are doing,” transparency advocate David Sasaki said in a blogpost published shortly after the unveiling of Internet.org. Den Rest des Beitrags lesen »

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EU will Facebook sperren

Posted by hkarner - 1. April 2017

Auf Initiative von Heiko Maas plant Brüssel eine Verordnung, soziale Netzwerke innerhalb von 24 Stunden komplett zu sperren, wenn sie ihren Löschpflichten nicht nachkommen. Dafür soll ein „Netzdurchsetzungsgesetz“ (NetzDG) sorgen.

01.04.2017 mmnews

https://i0.wp.com/www.start-vpn.com/blog-deutschland/wp-content/uploads/2012/06/Facebook-Censored.jpg

Die Tage von Facebook und Twitter könnten gezählt sein. Nach MMnews-Informationen plant Brüssel ein Gesetz, mit dem EU-Behörden soziale Netzwerke jederzeit abschalten können.

Dazu soll in Kürze ein „Gesetz zur Verbesserung der Rechtsdurchsetzung in sozialen Netzwerken“ (kurz: NetzDG – „Netzdurchsetzungsgesetz“) verabschiedet werden. Was sich zunächst relativ harmlos anhört, könnte die Internetkultur in der EU erheblich verändern, denn der Sprengstoff des Gesetzes verbirgt sich – wie üblich – im Kleingedruckten.

Die Gesetzesinitiative stammt aus dem deutschen Justizministerium und soll so EU-weit übernommen werden. Dem Vernehmen nach begrüsste Justizminister Heiko Maas ausdrücklich die Geschlossenheit, mit der Brüssel nun gegen Hasskommentare und Fakenews vorgehen will.

Gegenwärtig sei eine massive Veränderung des gesellschaftlichen Diskurses im Netz und insbesondere in den sozialen Netzwerken festzustellen, beklagt Maas in einer internen Stellungnahme. Die Debattenkultur im Netz sei oft aggressiv, verletzend und nicht selten hasserfüllt. Hasskriminalität und andere strafbare Inhalte, die nicht effektiv bekämpft und verfolgt werden kann, bergen eine große Gefahr für das friedliche Zusammenleben einer freien, offenen und demokratischen Gesellschaft. Den Rest des Beitrags lesen »

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Why Deep Learning Is Suddenly Changing Your Life

Posted by hkarner - 30. September 2016

Illustration by Justin Metz

September 28, 2016, 5:00 PM EDT

Decades-old discoveries are now electrifying the computing industry and will soon transform corporate America.

Over the past four years, readers have doubtlessly noticed quantum leaps in the quality of a wide range of everyday technologies.

Most obviously, the speech-recognition functions on our smartphones work much better than they used to. When we use a voice command to call our spouses, we reach them now. We aren’t connected to Amtrak or an angry ex.

In fact, we are increasingly interacting with our computers by just talking to them, whether it’s Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana, or the many voice-responsive features of Google. Chinese search giant Baidu says customers have tripled their use of its speech interfaces in the past 18 months.

Machine translation and other forms of language processing have also become far more convincing, with Google googl , Microsoft msft , Facebook fb , and Baidu bidu unveiling new tricks every month. Google Translate now renders spoken sentences in one language into spoken sentences in another for 32 pairs of languages, while offering text translations for 103 tongues, including Cebuano, Igbo, and Zulu. Google’s Inbox app offers three ready-made replies for many incoming emails. Den Rest des Beitrags lesen »

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Technology in China: China’s tech trailblazers

Posted by hkarner - 5. August 2016

Date: 04-08-2016
Source: The Economist

GOOGLE left. Facebook is blocked. Amazon is struggling to make headway. And if further proof were needed that China’s tech market is a world apart, this week seemed to provide conclusive evidence. Uber, a ride-hailing service that is the world’s most valuable startup, decided to sell its local unit to Didi Chuxing, a Chinese rival. Its China dream, like those of so many before, is dead.

For many, the lessons of this latest capitulation are clear. China is a sort of technological Galapagos island, a distinct and isolated environment in which local firms flourish. Chinese firms are protected from external competition by government regulation and the Great Firewall. And that protection means that they need not innovate but can thrive by copying business models developed in the West. In short, China is closed, its firms are cosseted and their talent is for mimicry. Den Rest des Beitrags lesen »

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Tech Sector’s Profits Are Fueled by Mobile, Cloud

Posted by hkarner - 2. August 2016

Date: 01-08-2016
Source: The Wall Street Journal

Facebook, Google surge on mobile revenue; Cloud businesses boost Amazon, Microsoft

Facebook CC1Facebook’s profit was boosted by a rise in mobile advertising.

The latest batch of tech-industry earnings show how two technology trends—mobile and the cloud—are taking root and delivering big profits for the companies that bet on them.

Facebook Inc. and Google parent Alphabet Inc. last week both reported surges in their quarterly profits, fueled by users spending more time on their smartphones and advertisers spending more money to reach them there.

Meantime, Amazon.com Inc. and Microsoft Corp. beat Wall Street estimates with results that were lifted by the strength of their businesses hosting other companies’ data on their computer servers, also known as the cloud.

The big are getting bigger,” said Ben Schachter, an analyst at Macquarie Group Ltd.People are using the internet more and more. They always have it with them because of smartphones, speeds are getting better…and all that information has to come from somewhere, and it comes from the cloud.” Den Rest des Beitrags lesen »

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Unburdening the Facebook Generation

Posted by hkarner - 19. Juli 2016

Photo of Mohamed A. El-Erian

Mohamed A. El-Erian

Mohamed A. El-Erian, Chief Economic Adviser at Allianz and a member of its International Executive Committee, is Chairman of US President Barack Obama’s Global Development Council. He previously served as CEO and co-Chief Investment Officer of PIMCO. He was named one of Foreign Policy’s Top 100 Global Thinkers in 2009, 2010, 2011, and 2012. He is the author, most recently, of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

JUL 18, 2016, Project Syndicate

LOS ANGELES – Once again, young people have gotten the short end of the political stick. The outcome of the United Kingdom’s Brexit referendum is but another reminder of a yawning generational divide that cuts across political affiliation, income levels, and race.

Almost 75% of UK voters aged 18-24 voted to “Remain” in the European Union, only to have “Leave” imposed on them by older voters. And this is just one of several ways in which millennials’ economic future, and that of their children, is being determined by others.

I am in my late fifties, and I worry that our generation in the advanced world will be remembered – to our shame and chagrin – as the one that lost the economic plot. Den Rest des Beitrags lesen »

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Payments: A penny here, a penny there

Posted by hkarner - 13. Mai 2015

Date: 12-05-2015
Source: The Economist

If you have money—and even if you don’t—you can now pay for your purchases in myriad ways

FINANCE, THE ADAGE goes, is the art of passing money from hand to hand until it finally disappears. This will ring true to anyone who has tried to send cash overseas and found their remittance whittled away by commissions and lousy exchange rates. Shopkeepers typically pay around 3% on sales made by credit card. Banks are involved in over $400 trillion of transfers every year and extract over $1 trillion in revenues from them, according to the Boston Consulting Group. As consumers in both rich and poor countries eschew cash in favour of paying with plastic or, increasingly, online and on their mobiles, that figure could reach over $2 trillion by 2023. But the banks no longer have the field to themselves.

Few consumers give much thought to what happens after they present their credit card at their local coffee shop, unaware of a tangled web of ever-shifting alliances and rivalries below the surface. Banks dominate an ecosystem which includes technology providers and payments networks—mainly Visa and MasterCard, which were themselves owned by a consortium of banks until a few years ago. The payments chain can contain up to seven links, every one of which will claim a tiny cut of each transaction. Most of the money ultimately goes to banks. Beyond collecting commissions on purchases, they profit because card users often pay with money they do not have, running up credit-card debts or overdrafts on which the banks charge steep interest. Den Rest des Beitrags lesen »

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