AMD

AMD Wants To Hear From GPU Resellers and Partners Bullied By Nvidia (forbes.com) 55

An anonymous reader quotes a report from Forbes: Nvidia may not be talking about its GeForce Partner Program, but AMD has gone from silent to proactive in less than 24 hours. Hours ago Scott Herkelman, Corporate VP and General Manager of AMD Radeon Gaming, addressed AMD resellers via Twitter, not only acknowledging the anti-competitive tactics Nvidia has leveraged against them, but inviting others to share their stories. The series of tweets coincides with an AMD sales event held in London this week. This was preceded by an impassioned blog post from Herkelman yesterday where he comes out swinging against Nvidia's GeForce Partner Program, and references other closed, proprietary technologies like G-Sync and GameWorks.

AMD's new mantra is "Freedom of Choice," a tagline clearly chosen to combat Nvidia's new program which is slowly taking gaming GPU brands from companies like MSI and Gigabyte, and locking them exclusively under the GeForce banner. The GeForce Partner Program also seems to threaten the business of board partners who are are not aligned with the program. Here's what Herkelman -- who was a former GeForce marketing executive at Nvidia -- had to say on Twitter: "I wanted to personally thank all of our resellers who are attending our AMD sales event in London this week, it was a pleasure catching up with you and thank you for your support. Many of you told me how our competition tries to use funding and allocation to restrict or block [...] your ability to market and sell Radeon based products in the manner you and your customers desire. I want to let you know that your voices have been heard and that I welcome any others who have encountered similar experiences to reach out to me..."
The report adds that Kyle Bennett of HardOCP, the author who broke the original GPP story, "says that Nvidia is beginning a disinformation campaign against him, claiming that he was paid handsomely for publishing the story."
AI

AI Will Wipe Out Half the Banking Jobs In a Decade, Experts Say 76

Experts in the industry say that current advances in artificial intelligence and automation could replace as many as half the nation's financial services workers over the next decade, though it will take a big investment to make that happen. The Mercury News reports: "Unless banks deal with the performance issues that AI will cause for ultra-large databases, they will not be able to take the money gained by eliminating positions and spend it on the new services and products they will need in order to stay competitive," James D'Arezzo, CEO of Glendale-based Condusiv Technologies, said. Intensive hardware upgrades are often cited as an answer to the problem, but D'Arezzo said that's prohibitively expensive.

Speaking to an audience last year in Frankfurt, Germany, Deutsche Bank CEO John Cryan predicted a "bonfire" of industry jobs as automation moves forward. "In our bank we have people doing work like robots," he said. "Tomorrow we will have robots behaving like people. It doesn't matter if we as a bank will participate in these changes or not, it is going to happen." Increased processing power, cloud storage and other developments are making many tasks possible that once were considered too complex for automation, according to Cryan. D'Arezzo, whose company works to improve existing software performance, said the financial industry is being swamped by "a tsunami of data," including new compliance requirements for customer privacy and constantly changing bank regulations.
Bhagwan Chowdhry, a professor of finance and economics at the UCLA Anderson School of Management, offers a less bleak view of the future. "Technology will eliminate some jobs that are repetitive and require less human judgment," he said, "But I think they will get replaced by other jobs that humans are better at. Anything that requires judgment is something humans will continue to do. We are not good at multiplying 16-digit numbers, but we're good at judging people and detecting if someone is telling the truth."
Businesses

Qualcomm Cutting 1,500 Jobs At Its California Offices (reuters.com) 27

As part of its promise to investors to cut annual costs by $1 billion, Qualcomm is cutting 1,500 jobs across multiple divisions at its offices in California. Reuters reports: The company, which has about 33,800 employees as of Sept.24, informed about its job cut plans in California in a regulatory notice that was filed with the state on April 18. Qualcomm said it plans to cut 1,231 jobs in its San Diego office and 269 from its San Jose and Santa Clara offices in the state. Though the company first considered cost reductions without layoffs, it concluded that job cuts are needed to support long-term growth and success, a Qualcomm spokesperson said on Wednesday.
Canada

Engineers Are Leaving America For Canada (bloomberg.com) 182

An anonymous reader shares an excerpt from a report via Bloomberg: The H-1B was created in 1990, part of an immigration overhaul signed into law by President George H.W. Bush that also created the EB-5 investor visa -- the subject of a fracas involving Kushner Cos. seeking Chinese investment -- and the diversity lottery, which Trump has attacked. Today, an estimated half a million H-1B holders live in the U.S. No one tracks exactly how many ditch their skilled visas for the permanent residency Canada offers, but during the first year of Trump's presidency, the number of tech professionals globally who got permanent residency in Canada ticked up almost 40 percent from 2016, to more than 11,000.

In 1967, Canada became the first country to adopt a points-based immigration system. The country regularly tweaks how it rates applicants based on national goals and research into what makes for successful integration: A job offer used to come with 600 points, but now it's worth just 200. Other factors like speaking fluent English or French -- or, even better, both -- have been given more weight over the years. Country of origin is irrelevant. In 2016, Canada increased national immigration levels to 300,000 new permanent residents annually. Last year, in consultation with trade groups, it created a program called the Global Skills Strategy to issue temporary work permits to people with job offers in certain categories, including senior software engineers, in as little as two weeks. Since the program started in June, more than 5,600 people have been granted permits, from the U.S., India, Pakistan, Brazil, and elsewhere.

AT&T

AT&T, Verizon Under US Investigation For Collusion To Lock In Customers (nytimes.com) 26

bongey writes: AT&T and Verizon are currently under investigation for colluding with the GSMA standards group to thwart eSIM technology and hinder consumers from easily switching wireless carriers. eSIM technology lets people remotely switch wireless providers without having to insert a new SIM card into a device. According to The New York Times, the two companies "face accusations that they colluded with the GSMA to try to establish standards that would allow them to lock a device to their network even if it had eSIM technology." The Justice Department opened the investigation roughly five months ago after at least one device maker and one wireless carrier filed formal complaints.
Social Networks

Kaspersky Lab Banned From Advertising on Twitter Because of Its Alleged Ties With Russian Intelligence Agencies (cyberscoop.com) 44

An anonymous reader shares a report: Russian cybersecurity company Kaspersky Lab has been banned from advertising on Twitter due to its allegedly close and active ties between the company and Russian intelligence agencies, according to the social network. The ban is the latest blow in an ongoing saga for Kaspersky, which includes two ongoing legal battles with the U.S. government. Eugene Kaspersky, CEO of Kaspersky Lab, took to Twitter on Friday to condemn the ban. A Twitter spokesperson reiterated that the "decision is based on our determination that Kaspersky Lab operates using a business model that inherently conflicts with acceptable Twitter Ads business practices."
AI

AI Researchers Are Making More Than $1 Million, Even at a Nonprofit (nytimes.com) 81

One of the poorest-kept secrets in Silicon Valley has been the huge salaries and bonuses that experts in artificial intelligence can command. Now, a little-noticed tax filing by a research lab called OpenAI has made some of those eye-popping figures public [Editor's note: the link may be paywalled]. From a report: OpenAI paid its top researcher, Ilya Sutskever, more than $1.9 million in 2016. It paid another leading researcher, Ian Goodfellow, more than $800,000 -- even though he was not hired until March of that year. Both were recruited from Google. A third big name in the field, the roboticist Pieter Abbeel, made $425,000, though he did not join until June 2016, after taking a leave from his job as a professor at the University of California, Berkeley. Those figures all include signing bonuses.

[...] Salaries for top A.I. researchers have skyrocketed because there are not many people who understand the technology and thousands of companies want to work with it. Element AI, an independent lab in Canada, estimates that 22,000 people worldwide have the skills needed to do serious A.I. research -- about double from a year ago.

Bitcoin

Hackers Keep Robbing Cryptocurrency YouTubers (theverge.com) 40

Hackers are going after YouTubers who make videos about cryptocurrencies. Adrianne Jeffries, reporting for The Verge: Cryptocurrency vlogging has exploded on YouTube over the last two years. In the last 90 days, there were 122,000 videos on cryptocurrency or Bitcoin uploaded to YouTube, garnering 328 million views, according to video analytics platform Tubular Labs. As it turns out, YouTubers are juicy targets for hackers because they share so much information about themselves. They often share their screens as they make trades, which can reveal what apps, usernames, and cryptocurrency addresses they use. They may even tell their followers what systems they use to secure their holdings, which can end up being a blueprint for attackers.

"You have to be very careful about that stuff as a YouTuber," says Peter Saddington, the host of Decentralized TV on YouTube who infamously bought a Lamborghini with his Bitcoin earnings. "In my early days of YouTube, I used to show my trades. I learned that was not a good idea." Saddington was hacked in late 2017.

Advertising

German Supreme Court Rules Ad Blockers Legal (faz.net) 125

New submitter paai writes: The publishing company Axel Springer tried to ban the use of ad blockers in Germany because they endanger the digital publishing of news stories. The Oberlandesgericht Koln (Germany's Higher Regional Court of Cologne) followed this reasoning and forbade the use of ad blockers on the grounds that the use of white lists was an aggressive marketing technique. [The business model allows websites to pay a fee so that their "non aggressive" advertisements can bypass AdBlock Pro's filters. Larger companies like Google can afford to pay to have the ban lifted on their website.] The Bundesgerichtshof (Federal Court of Justice or BGH) destroyed this court ruling today and judged that users had a right to filter out advertisements in web pages.
Businesses

Netflix Could Start Buying Movie Theaters to Help Films Gain a Boost in Oscar Race, Report Says (indiewire.com) 47

Netflix has made a strong effort to land Oscar nominations since debuting its first original feature, "Beasts of No Nation," in 2015. The next step in the streaming giant's plan to secure film awards could be to buy and own movie theaters. IndieWire: A new report from the Los Angeles Times says Netflix is considering buying theaters in Los Angeles and New York in order to gain a boost during Oscar season. People familiar with the situation say the theaters would be used to give greater exposer to the feature and documentary titles Netflix is hoping to push into the awards race. According to the Times, Netflix executives originally considered purchasing the Los Angeles-based Landmark Theaters, which is co-owned by Mark Cuban. The theaters are well known for attracting awards voters by running first-run features, documentaries, and foreign films during Oscar season. Sources close to Netflix confirm the company has no current plans to buy Landmark properties. Landmark has three Los Angeles locations and 53 theaters overall in the U.S. Sources close to Netflix.
United States

The Higher Your Salary, the More Time Your Employer Will Pay You Not To Work (qz.com) 430

The best-paid workers in the US not only make more money than many of their colleagues, they also tend to get more paid vacation days. An anonymous reader shares a report: An annual survey of of employee benefits conducted by the US government shows that, in 2017, nearly half of the people in the top 25% of earners received at least 10 days of paid vacation. The bottom 25% was not so lucky -- only around a tenth of them received such generous leave. Paid vacation time is often overlooked in measures of pay inequality in the US, because the value of time off does not appear in the household income statistics.
Businesses

Pasta Is Good For You, Say Scientists Funded By Big Pasta (buzzfeed.com) 216

Earlier this month, numerous news outlets reported on a study which concludes that eating pasta is good for health. In fact, the reports claimed, eating pasta could help you lose weight. Except, there is more to the story. BuzzFeed News reports: What those and many other stories failed to note, however, was that three of the scientists behind the study in question had financial conflicts as tangled as a bowl of spaghetti, including ties to the world's largest pasta company, the Barilla Group. Over the last decade or so, with the rise of the Atkins, South Beach, paleo, and ketogenic diets, Big Pasta has battled a societal shift against carbohydrates -- and funded and promoted research suggesting that noodles are good for you.

At least 10 peer-reviewed studies about pasta published since 2008 were either funded directly by Barilla or, like the one published this month, were carried out by scientists who have had financial ties to the company, which reported sales of 3.4 billion euros ($4.2 billion) in 2016. For two years, Barilla has publicized some of these studies, plus others favorable to its product, on its website with taglines like "Eat Smart Be Smart...With Pasta" and "More Evidence Pasta Is Good For You." And the company hired the large public relations firm Edelman to push the latest study's findings to journalists.

Google

Turn Right at the Burger King: Google Maps Begins Using Landmarks To Help With Guidance (techcrunch.com) 134

Most navigation apps give you instructions based on streets or distance. But it's arguably in contrast to how people usually provide directions -- some usually point to landmarks that are easier to spot. Google sees some merit in that. The idea is that Google Maps is highlighting some landmarks and other points of interest (fast food restaurants) to help with guidance. TechCrunch reports that some users are already seeing this on Google Maps. And maybe to Google, this opens door for some business opportunities as well. Only time will tell.
Businesses

Marissa Mayer is Back (bloomberg.com) 93

Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres, she revealed in an interview with The New York Times. Bloomberg: The venture will focus on consumer media and artificial intelligence, according to the company's website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the news earlier Wednesday. The next project for Mayer, who was an early employee at Google and worked there until leaving to run Yahoo in 2012, had been a matter of considerable speculation in Silicon Valley. She left Yahoo, once a leading search engine and web destination, after it was sold to Verizon Communications last year.
Businesses

Finland Is Killing Its Basic Income Experiment (businessinsider.com) 547

tomhath shares a report: Since the beginning of last year, 2000 Finns are getting money from the government each month -- and they are not expected to do anything in return. The participants, aged 25-58, are all unemployed, and were selected at random by Kela, Finland's social-security institution. Instead of unemployment benefits, the participants now receive $690 per month, tax free. Should they find a job during the two-year trial, they still get to keep the money. While the project is praised internationally for being at the cutting edge of social welfare, back in Finland, decision makers are quietly pulling the brakes, making a U-turn that is taking the project in a whole new direction. "Right now, the government is making changes that are taking the system further away from a basic income," Kela researcher Miska Simanainen told the Swedish daily Svenska Dagbladet.
EU

Facebook To Put 1.5 Billion Users Out of Reach of New EU Privacy Law (reuters.com) 95

An anonymous reader quotes a report from Facebook: If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside the United States and Canada, whether they know it or not, are currently governed by terms of service agreed with the company's international headquarters in Ireland. Next month, Facebook is planning to make that the case for only European users, meaning 1.5 billion members in Africa, Asia, Australia and Latin America will not fall under the European Union's General Data Protection Regulation (GDPR), which takes effect on May 25. That removes a huge potential liability for Facebook, as the new EU law allows for fines of up to 4 percent of global annual revenue for infractions, which in Facebook's case could mean billions of dollars.
Businesses

Jeff Bezos Reveals That Amazon Has Over 100 Million Prime Subscribers (theverge.com) 123

Amazon CEO Jeff Bezos revealed today that the company has over 100 million Prime members, "marking the first time in the 13-year history of Amazon offering its Prime membership that the company has ever revealed its number of subscribers," reports The Verge. From the report: According to Bezos, Amazon Prime also saw its best year ever in 2017, with the company shipping over five billion products with Prime and signing up more new members than in any previous year. Also revealed today, Whole Foods Market will discontinue its rewards program on May 2 and fold it into Amazon Prime. "Stay tuned for additional announcements for Amazon Prime members," reads the Whole Foods FAQ page focused on digital coupons, rewards and online accounts. "Any account benefits, including membership and/or unused rewards, will not roll into any future programs."
Transportation

Autonomous Boats Will Be On the Market Sooner Than Self-Driving Cars (vice.com) 136

An anonymous reader quotes a report from Motherboard: In the autonomous revolution that is underway, nearly every transportation machine will eventually be self-driving. For cars, it's likely going to take decades before we see them operating freely, outside of test conditions. Some unmanned watercraft, on the other hand, may be at sea commercially before 2020. That's partly because automating all ships could generate a ridiculous amount of revenue. According to the United Nations, 90 percent of the world's trade is carried by sea and 10.3 billion tons of products were shipped in 2016. According to NOAA's National Ocean Service, ships transported $1.5 trillion worth of cargo through U.S. ports in 2016. The world's 325 or so deep-sea shipping companies have a combined revenue of $10 billion.

Startups and major firms like Rolls Royce are now looking to automate the seas and help maritime companies ease navigation, save fuel, improve safety, increase tonnage, and make more money. As it turns out, autonomous systems for boats aren't supremely different than those of cars, beyond a few key factors -- for instance, water is always moving while roads are not, and ships need at least a couple miles to redirect. Buffalo Automation, a startup in upstate New York that began at the University at Buffalo, just raised $900,000 to help commercialize its AutoMate system -- essentially a collection of sensors and cameras to help boats operate semi-autonomously. CEO Thiru Vikram said the company is working with three pilot partners, and intends to target cargo ships and recreational vessels first. Autonomous ships are an area of particular interest for the International Maritime Organization (IMO), which sets the standards for international waters. It launched a regulatory scoping exercise last year to analyze the impact of autonomous boats. By the time it wraps in 2020, market demand may make it so that we already have semi-autonomous and unmanned vessels at sea.

Bitcoin

German ICO Savedroid Pulls Exit Scam After Raising $50 Million (techcrunch.com) 194

German company Savedroid has pulled a classic exit scam after raising $50 million in ICO and direct funding. The site is currently displaying a South Park meme with the caption "Aannnd it's gone." The founder, Dr. Yassin Hankir, has posted a tweet thanking investors and saying "Over and out." TechCrunch reports: A reverse image search found Hankir's photo on this page for Founder Institute, and he has pitched his product at multiple events, including this one in German. Savedroid was originally supposed to use AI to manage user investments and promised a crypto-backed credit card, a claim that CCN notes is popular with scam ICOs. It ran for a number of months and was clearly well-managed as the group was able to open an office and appear at multiple events.
United Kingdom

Amazon Employee Explains the Poor Working Conditions of An Amazon Warehouse 307

Earlier this week, James Bloodworth, a former UK Amazon employee that worked undercover in the "fulfillment center" for six-months, released a book detailing the mistreatment of warehouse employees at the commerce company. He described the work culture as a prison after discovering that Amazon warehouse staff were peeing in bottles to avoid taking too many breaks. Since the report first broke, many Amazon employees have come out to share their thoughts on the working conditions, including one Reddit user who claims that "the post is pretty spot on": They don't monitor bathroom breaks, but [your] individual rate (or production goal) [doesn't] account for bathroom breaks, or... let's say there is a problem like you need [two] of something and there's only one left, well you have to put on your "andon"... wait for someone to come "fix" for you, all the while your rate is dropping. The [two] most common reasons [people] get fired are not hitting rate, and attendance. They don't really try to help you hit rate, they just fire and replace.

My first week there [two] [people] collapsed from dehydration. It's so [commonplace] to see someone collapse that nobody is even shocked anymore. You'll just hear a manager complain that he has to do some report now, while a couple of new [people] try to help the guy (veterans won't risk helping [because] it drips rate). No sitting allowed, and there's nowhere to sit anywhere except the break rooms. Before the robots (they call them kivas) pickers would regularly walk 10-15 miles a day, now it's just stand for 10-12 hours a day. [People] complain about the heat all the time but we just get told 80 degrees (Fahrenheit obviously) is a safe working temp. [Sometimes] they will pull out a thermometer, but even when it hits 85 they just say it's fine. There's been deaths, at least one in my building... Amazon likes to keep it all hush hush. Heard about others, you can find the stories if you search for it, but Amazon does a good job burying it...
Amazon has denied the allegations, saying: "Amazon ensures all of its associates have easy access to toilet facilities which are just a short walk from where they are working. Amazon provides a safe and positive workplace for thousands of people across the UK with competitive pay and benefits from day one. We have not been provided with confirmation that the people who completed the survey worked at Amazon and we don't recognize these allegations as an accurate portrayal of activities in our buildings."

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