Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Xiaomi’s Float Stumbles

leave a comment »

Happy Monday.

CNBC is reporting that shares of Chinese smartphone maker Xiaomi stumbled on their debut, slipping as much as 6 percent.

The company’s Hong Kong offering was priced at 17 Hong Kong dollars, and opened for trade down more than 2 percent and slipping as much as 5.88 percent during the session.

Some analysts were quoted in the story as thinking the valuation was too high. 

Hao Hong, head of research at BOCOM International, explained:

“The share was priced at a very high valuation multiple, substantially higher than its global peers. Even though Xiaomi remained to be a very good story, I think the market is at a stage where you have to prove yourself first before the market can give you a good valuation,” Hao Hong, head of research at BOCOM International, told CNBC.

Meanwhile, back at The New York Times, Paul Mozur goes deep on AI and surveillance in China in a piece entitled, “Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras.”

For some reason, the movie “Minority Report” kept coming to mind as I read through his chilling story.

The Net: There are an estimated 200 million surveillance cameras watching its Chinese citzens’ every move, and their surveillance system is getting smarter every day, partially due to a boom in surveillance-related startups in the country.

And no Orwell jokes, please…China is well past that point.

Written by turbotodd

July 9, 2018 at 9:56 am

Posted in 2018, china, smartphone

Tagged with ,

IBM Cloud in Europe

leave a comment »

IBM has announced partnerships with six European firms using its cloud services.

With Dutch Logistics firm Koopman Logistics, it wil work to build a track and trace solution using IBM’s blockchain technology. Koopman transports consignments across Europe and was looking to replace its current paper-based tracking process.

With Italian multimedia organization Gruppo 24 Ore, IBM is using its Watson AI services hosted on the IBM Cloud to help tax professionals respond to questions about the Italian tax coding system.

French bank Credit Mutuel is using IBM Watson on IBM’s cloud environment to power its virtual assistants as well, in this case to help the company’s 20,000 relationship managers advise its customers.

Teckel Medical is running its digital health checker on IBM Cloud.

RS Components is making use of IBM’s Cloud platform, building its peer-to-peer marketplace in IBM’s London Cloud Garage, helping startups to promote, test and sell their inventions online.

And with Osram AG, a lighting solutions company, IBM has helped the company switch to a digital environment using IBM Cloud, resulting in greater operational savings and flexibility.

Written by turbotodd

July 5, 2018 at 10:57 am

Posted in 2018, european union

Tagged with ,

Red, White, Blue, Grey, and Orange

leave a comment »

Happy post-Independence Day, for those of you here in the U.S. and in the U.S. diaspora around the globe.

We had a very wet holiday here in Austin, but that didn’t keep the fireworks from going bang bang starting sometime around 9:21 PM CST last night.

That felt as though it was the shortest 4th of July holiday I have ever had!

Speaking of fireworks, some news on the iPhone front…

On the personal side of things, I finally gave up my beloved small SE to upgrade to an iPhone 7 Plus, which I hunted down on Gazelle.

Me already likey the bigger screen, but we’ll see what happens when I have start lugging this boat anchor around on my person.

On the public side, 9 to 5 Mac is covering a report from Ming-Chi Kuo, which suggests 2018 iPhone sales are up.

And, suggests the new 6.5-inch OLED iPhone model will likely be priced around $1,000 (same as iPhone X) and feature dual SIM capabilities.

The new device is expected to come in a “plethora” of colors, including black, white, gold for the 6.5-inch version, and the 6.1-inch LCD iPhone will debut in “grey, white, blue, red, and orange.”

All I can say to that is, “Remember the iPhone 5C” which came in more colors than a small crayon box and which languished on the shelves, begging to be bought like a “Toy Story” orphan.

 

Written by turbotodd

July 5, 2018 at 10:15 am

Posted in 2018, iPhone

Tagged with ,

Automation Nation

leave a comment »

Happy Tuesday.

On the World Cup schedule today: Sweden vs. Switzerland, and Columbia vs. England.

Meanwhile, it’s back to automation nation. Automation Anywhere, a San Jose, California-based robotic process automation startup has announced it raised $250 million in a funding round led by New Enterprise Associates and Goldman Sachs.

According to a report from Venture Beat, Automation Anywhere’s platform employs software robots, or bots, that make business processes self-running:

Using a combination of traditional RPA and cognitive elements such as unstructured data processing and natural language understanding, the system is able to crunch through tasks that normally take hundreds of thousands of human employees.

As to what the company will do with this new round:

The firm plans to spend the bulk of the new capital on deepening customer engagements in North America, India, Europe, Australia, Japan, South Korea, and Singapore, CEO and cofounder Mihir Shukla said in a statement. It also intends to invest in “specialized” machine learning capabilities and new integrations designed to drive “higher operational efficiency” and “flexibility.”

The company’s CEO, Mihir Shukla, was also quoted in the piece as saying that “We believe our Intelligent Digital Workforce Platform can automate up to 80 percent of [an enterprise’s business processes].

That’s far more than its own customers claim can be automated (20 percent).

Written by turbotodd

July 3, 2018 at 10:07 am

My World Cup Runneth Over

leave a comment »

If you’re a soccer fan (even if the U.S. men’s team didn’t make it into this year’s World Cup, which it most certainly did not), then you had plenty of drama over the weekend and into Monday.I don’t even know where to start.

Over the weekend in the knockout round, France beats Argentina, Uruguay beats Portugal, Russia beats Spain, Croatia beats Denmark (both those last two games went to penalty kicks).

Today, Brazil beat Mexico, and Belgium comes back from a 2-0 deficit to somehow win 3-2.

Obviously, seeing Argentina and Portugal go gentle into that good knockout round is hard for world soccer fans to see, especially considering they have some of the world’s best players.

On the other hand, it IS a team sport, a very collaborative one at that (meaning, you can’t just depend on Ronaldo and Messi), and those who have made it this far are playing a long, and increasingly careful, game to get into the quarterfinals.

I have not seen every team play yet, so I’m holding off on my predictions for the moment.

Up next: Sweden vs. Switzerland and Columbia vs. England tomorrow. We’ll see if they’re as nail biting as several of these knockout round games have been!

Written by turbotodd

July 2, 2018 at 4:49 pm

Amazon PillPack

leave a comment »

CNBC is reporting that Amazon will acquire online pharmacy PillPack “in a deal that could disrupt the U.S. drugstore business.

PillPack’s core business is the packing, organizing, and delivery of drugs, and sends consumers packages with the specific number of medications they’re supposed to take at specific times.

CNBC writes that:

The deal is the strongest indication yet of Amazon’s intent to move further into the health-care industry. It threatens to remove one of the few distinguishing factors pharmacy chains have relied on to fend off Amazon, the sale of prescription drugs. Retailers like Walgreens Boots Alliance, CVS Health and Rite Aid have seen their so-called “front of store” sales threatened as shoppers increasingly buy household staples online or from convenience stores.

PillPack is currently licensed to ship prescriptions in 49 states, and apparently PillPack had been in previous discussions with Walmart about a sale for less than $1 billion.

Terms of the Amazon deal were not disclosed.

Written by turbotodd

June 28, 2018 at 8:59 am

Answering the Call for Code

leave a comment »

Today is the first day submissions can be made for Call for Code, an open source initiative to minimize the devastating human impact of natural disasters.

Starting today and ending on August 31st, developers and/or developer teams can submit technology solutions to help organizations like the United Nations Human Rights Office and the international services of the American Red Cross in their efforts to better prepare against fires, floods, hurricanes, tsunamis, and earthquakes, and benefit Call for Code’s charitable partners — the United Nations Human Rights Office and the American Red Cross.

Developers will have access to IBM technologies such as weather data from The Weather Company, cloud, AI, and blockchain technologies, as well as training and other resources to help jump start projects.

Since announcing the initiative on May 24th, Call for Code has received support from across the global community. Events have taken place in over 50 cities around the world, the Linux Foundation is rallying developers to participate, and Linux Torvalds, the creator of Linux, will help evaluate submissions.

The winner will be announced at a benefit concert in mid-October, with proceeds going to the United Nations.

You can learn more about Call for Code here.

Written by turbotodd

June 18, 2018 at 10:10 am

%d bloggers like this: