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07 Jun 15:48

The new BlackBerry smartphone is here — and yes, it has a keyboard

by Avery Hartmans

BlackBerry Key2

  • BlackBerry maker TCL has unveiled its latest smartphone: the BlackBerry Key2.
  • The new device is an update to last year's BlackBerry KeyOne. It features a 4.5-inch screen, dual rear cameras, and a physical keyboard. 
  • The BlackBerry Key2 will be available for preorder starting later this month and will start at $649. 

TCL on Thursday unveiled a new premium smartphone: the BlackBerry Key2. 

The new device is an upgrade to the BlackBerry KeyOne, which launched in the spring of last year. The BlackBerry Key2 is both slimmer and lighter than the BlackBerry KeyOne, has a larger 4.5-inch display that's nearly edge-to-edge, and has a larger physical keyboard. 

Also new this year: the BlackBerry Key2 has a dual 12-megapixel rear camera that has portrait mode and Google Lens built in. There's also a new button called the Speed Key, which acts as a shortcut button to quickly switch between apps. 

TCL says the BlackBerry Key2 will get more than a full day of battery life. The BlackBerry Key2 will start at $649 and will be available for preorder in seven countries including the US starting later this month.

While the BlackBerry Key2 technically bears the BlackBerry name, it's made by Chinese electronics company TCL. Back in December 2016, TCL acquired the global licensing rights from BlackBerry, which means that TCL can now design, manufacture, and sell BlackBerry-branded smartphones. 

SEE ALSO: The $120 Fire TV Cube might be the smartest Echo device Amazon has ever made — here's what it can do

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07 Jun 15:47

Google facing a Microsoft moment with EU fine over Android antitrust violations

by Tom Warren

Google is bracing itself for what will likely be a record-breaking EU fine in the coming weeks. The Financial Times reports that the EU antitrust investigation into Android is concluding, and a fine is expected to be announced in July. The European Commission has been investigating Android after rivals complained that Google has been abusing its market dominance in software than runs on smartphones.

Google has been accused of limiting access to the Google Play Store unless phone makers also bundle Google search and Chrome apps, a practice that may have breached EU antitrust rules. Google has also reportedly blocked phone makers from creating devices that run forked versions of Android, as part of an anti-fragmentation agreement.

A fine...

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07 Jun 15:45

AT&T is raising the price of grandfathered unlimited plans again to $45

by Chaim Gartenberg

AT&T is once again raising the prices of its grandfathered unlimited data plan, up from $40 to $45 for anyone who’s managed to still hold onto one since AT&T discontinued the original $30 unlimited plan in 2010, via MacRumors.

This marks the third time that AT&T has raised the price for grandfathered unlimited customers in the last decade (first to $35 back in 2015, and then to $40 last year). While the slowly increasing price tag is certainly onerous to customers, you’re still paying far less than any of AT&T’s current unlimited plans, which the company reintroduced in the wave of new unlimited plans last year.

In a (since deleted) support article, MacRumors notes that AT&T explained the cost increase is due to the fact that...

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06 Jun 17:41

The 5 most important changes and additions coming to the iPhone in the next major update, iOS 12

by Ben Gilbert

This fall, a major new update for iPhone and iPad is scheduled to arrive: iOS 12, the latest version of Apple's smartphone and tablet operating system software. 

Its standout feature? A new way to turn your face into a living cartoon, called Memoji:

apple wwdc 2018

It's true! That grinning cartoon above is none other than Apple CEO Tim Cook.

But let's not kid ourselves — the stuff that will really impact your daily iPhone use is far more mundane. To that end, Apple is making some major strides in iOS 12 towards ease of use and convenience that are worth highlighting.

Here are the five most important changes and additions coming in iOS 12:

SEE ALSO: Apple just announced iOS 12. Here are all the major changes coming to iPhones and iPads.

1. iOS 12 makes old iPhones faster.

There are plenty of new features coming in iOS 12 that are intended for the latest models of iPhone, such as the aforementioned Memoji.

But one huge feature that's aimed squarely at older iPhones is a major performance improvement. In testing thus far, according to Apple VP of software engineer Craig Federighi, iOS 12 makes older phones like the iPhone 6+ run far more quickly: 40% faster app launches, 50% faster keyboard opening, and a 70% improvement in opening the camera. 

It's not sexy, but it's stuff like this that makes the user experience for most iPhone owners so, so much better. Apple is directly addressing the common complaint that each year, with each new iOS update, older iPhones get slower. 

That iOS 12 will support iPhones going all the way back to the iPhone 5S is another subtle nod of acknowledgement to the tens of millions of people using older iPhone models.



2. The Notifications tray is getting a major update, smartly copying Android's best feature.

Ever slide down your notifications tray and find a mess of nonsense? That's most interactions with the notifications tray on iOS, unfortunately. One of the major arguments for using Android over iOS is how useful the notifications tray is in the former (and how poor it is in the latter).

Apple's seemingly addressing that disparity with iOS 12, finally adding support for grouped notifications in the notifications tray. All your text message notifications will be automatically bundled together, for instance, rather than showing each one individually. You can still tap in and see each one, or you could swipe left on the whole stack to clear them all at once.

It's a small but crucial change to daily iPhone use.



3. Customize your life with Siri Shortcuts.

Siri is kind of a mess in general use, but a new tool for Siri has a lot of promise. It's called "Shortcuts," and it essentially allows you to program a series of actions tied to a specific command phrase.

In the example Apple gives, an iPhone owner has set a shortcut to the phrase, "Heading home."

When Siri hears that phrase, it automatically enacts a series of actions: 

— Retrieves directions home with the least traffic.
— Text messages the user's roommate to let her know she's on the way.
— Sets the home thermostat to 70 degrees and turns on a fan.

If you've ever used Automator on a Mac, Shortcuts will sound familiar — it's a way of setting up a sequence of actions that you perform frequently, tied to a single trigger. In the case of Siri Shortcuts, those triggers are whatever phrase you set. Pretty neat!



See the rest of the story at Business Insider
06 Jun 17:35

Hot Wheels’ new $1 toy car has a GoPro mount

by Chaim Gartenberg

Hot Wheels has a new die-cast toy car out with an oddly advanced feature: support for a GoPro camera, through a cleverly built-in mount on the top of the car, via CNET.

The new whip is officially called the “Zoom In” (get it? It’s a camera pun! Like when you zoom in with a camera? Glad we’re all on the same page here), and it can fit either a GoPro Hero Session or Hero 5 Session camera, which snap right into the pop-up stand on the top. Unfortunately, those are both discontinued models, though you can still find them available to purchase.

The Zoom In fits Hot Wheels’ iconic orange tracks, meaning that you’ll be able to capture some really unique, first-person footage of your latest toy track masterpiece. And like any...

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06 Jun 06:50

Microsoft launches new Windows Collaboration Displays to make meeting rooms smarter

by Tom Warren

Microsoft is launching a new type of conference room display at Computex this week. While the software giant manufactures its own Surface Hub, its partnering with other display makers to create Windows Collaboration Displays. The displays simply hook up to existing Windows 10 PCs in businesses, and include built-in sensors that connect to Microsoft’s new Azure IoT spatial intelligence features. The sensors will detect presence in a room, so they could let a businesses improve how a room is heated or cooled, and to more efficiently manage room-booking systems.

The displays are high resolution, multi-touch, and support stylus input just like you’d find on a Surface Hub. Microsoft is even certifying that the displays have far-field...

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05 Jun 23:12

Google’s Project Fi will now let you add children under 13 to a family plan

by Shannon Liao

Google’s Project Fi is now letting users add children under the age of 13 to group plans through a Google account managed with Family Link. The additional functionality lets families with young children share a Project Fi plan and monitor their children’s data use.

Now that Project Fi works with Family Link, users can set data alerts on usage for their accounts and their children’s accounts, and remotely lock their children’s phone when they’ve used too much screen time. You’ll also be able to access content filters on Chrome, Google Search, and other services.

To set it up, you need to create a Family Link account, add a child to your Project Fi group plan, and pick a phone that’s compatible with Project Fi (the network still isn’t...

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05 Jun 22:57

4 reasons I gave up Facebook — and why I'm not going back

by Maya Kachroo-Levine

Facebook

  • Facebook is a powerful tool for people who want to post pictures, share opinions, run a business, or keep up with friends and family.
  • I used to spend hours on Facebook, to the point where it was hurting my productivity and wasting my time.
  • After the election, I cut way back on my Facebook use, only checking it once every two weeks.
  • About six months ago, I got rid of it completely.
  • Here are four reasons why I gave up Facebook, and why I’m never going back. 

 

I didn’t delete Facebook for any sort of moral-high-ground reasons. It had nothing to do with the Cambridge Analytica scandal or the fact that Facebook may have given my data to other companies. I’d love to say it was, but really, I just got tired of wasting my time on the platform. I’ve been weaning myself off Facebook since November 2016 (right after the election), and I’ve been completely off for about six months.

Here are four reasons I deleted Facebook, and why I’m not going back.

SEE ALSO: I stopped using my phone for 2 hours before bed, and it had a more powerful effect than I expected

1. Wedding and engagement posts

First, it was the endless stream of engagement and wedding posts. I am living life on my own timeline, and I always think of myself as someone who doesn’t get bogged down by keeping up with the social media Joneses.

But after the 70th engagement ring pic in four days, all that “I don’t care what other people are doing” really goes out the window, along with my level head and a couple ounces of self-esteem.



2. The 2016 election

After the barrage of wedding posts, it was the presidential election. Donald Trump’s victory was the catalyst for plenty of people to reduce Facebook use, NPR reports, and for good reason. Millions of people were upset, and it seemed like they all turned to their favorite easy-access megaphone: Facebook.

It’s exhausting to read the same opinions over and over, and still feel helpless about the state of our country. Sometimes I would come across well-articulated opinions that I agreed with on Facebook, voicing concerns and supplying action items. But those almost always got lost in the sea of shouted statuses and rambling blame-game posts.



3. It was wasting my time

The last straw was my time sailing by as I got pulled by the latest Betsy DeVos scandal or the engagement of someone I went to middle school with. It just seemed like such a trivial thing to let take up my time.

I already read the news. I’ve already seen the Betsy DeVos commentary — did I need to read 18 more half-baked opinions on Facebook? And while maybe I wouldn’t hear about my middle school friend expecting a baby without Facebook, did I really need that information? Do I need to keep up with lives of people I haven’t spoken to in years?

Looking at it from a cost-benefit perspective, Facebook was costing me a lot of time with virtually no benefit.



See the rest of the story at Business Insider
05 Jun 15:28

Samsung’s Chromebook Plus now supports Linux apps

by Jacob Kastrenakes

Google began bringing Linux app support to Chrome OS almost exactly one month ago, but it only started with a single device, the very expensive Pixelbook. Now, that’s changing: Linux support is becoming available for Samsung’s Chromebook Plus as well, as spotted by users on Reddit.

This still isn’t a widely available feature or something that most Chromebook users will want to check out. You’ll have to opt-in to the developer-only build of Chrome OS, enable things labeled as beta and experimental, and then use the Terminal to install Linux apps. Presumably, this will all be simplified in the future, but right now, Google just seems to be testing whether it works at all.

The addition of Linux apps has the potential to make Chrome OS even...

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04 Jun 20:59

Siri will soon be able to pull off multistep routines through Shortcuts

by Shannon Liao

Siri is getting a significant update, Apple announced at its annual developer conference today. It’s getting a new feature called Shortcuts, which is basically a way to get Siri to go through a multistep routine.

“We want to make Siri do much more for you,” says VP of software Craig Federighi. Now you can record and assign your own phrases as Shortcuts and once Siri hears those phrases repeated, it will perform a series of actions.

For instance, you can record the phrase “I lost my keys,” and it can activate your own Tile to ring your keys so you can find them. Shortcuts could even help you do grocery shopping.

Shortcuts will also work with Siri’s Suggestions feature, which is getting a few additional updates. If you’re running late for...

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04 Jun 20:57

The new Gmail will roll out to all users next month

by Frederic Lardinois

Google today announced that the new version of Gmail will launch into general availability and become available to all G Suite users next month. The exact date remains up in the air but my guess is that it’ll be sooner than later.

The new Gmail offers features like message snoozing, attachment previews, a sidebar for both Google apps like Calendar and third-party services like Trello, offline support, confidential messages that self-destruct after a set time and more. It’s also the only edition of Gmail that currently allows you to try out Smart Compose, which tries to complete your sentences for you.

Here is what the rollout will look like for G Suite users (Google didn’t detail what the plan for regular users will look like, but if you’re not a G Suite user, you can already try the new Gmail today anyway and chances are stragglers will also get switched over to the new version at a similar pace as G Suite users).

Starting in July, G Suite admins will be able to immediately transition all of their users to the new Gmail, but users can still opt out for another 12 weeks. After that time is up, all G Suite users will move to the new Gmail experience.

Admins can also give users the option to try the new Gmail at their own pace or — and this is the default setting — they can just wait another four weeks and then Google will automatically give users the option to opt in.

Eight weeks after general availability, so sometime in September, all users will be migrated automatically but can still opt out for another four weeks.

That all sounds a bit more complicated than necessary, but the main gist here is: chances are you’ll get access to the new Gmail next month and if you hate it, you can still opt out for a bit longer. Then, if you still hate it, you are out of luck because come October, you will be using the new Gmail no matter what.

04 Jun 16:32

Top 5 misconceptions about the 2nd decade of cloud computing

There are still many misconceptions about the cloud, and the surest way to correct them is to vet them against the new reality of modern computing.

03 Jun 21:13

Microsoft has reportedly acquired GitHub

by Tom Warren

Microsoft has reportedly acquired GitHub, and could announce the deal as early as Monday. Bloomberg reports that the software giant has agreed to acquire GitHub, and that the company chose Microsoft partly because of CEO Satya Nadella. Business Insider first reported that Microsoft had been in talks with GitHub recently.

GitHub is a vast code repository that has become popular with developers and companies hosting their projects, documentation, and code. Apple, Amazon, Google, and many other big tech companies use GitHub. Microsoft is the top contributor to the site, and has more than 1,000 employees actively pushing code to repositories on GitHub. Microsoft even hosts its own original Windows File Manager source code on GitHub. The...

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02 Jun 18:30

Google’s Pixelbook is on sale for just $750

by Chris Welch

You might scoff at the regular $1,000 price of Google’s excellent Pixelbook. It’s fundamentally just a really nice Chromebook, after all. And paying $1,000 for one of those is a hard mental barrier to break. But would a price drop to $750 be enough to change your mind? For “a limited time,” Google is discounting the laptop by $250. The sale is good at Google’s online store and Best Buy.

That entry-level Pixelbook has a Core i5 processor, 128GB of storage, and 8GB of RAM. To be honest, that seems like all I would ever need out of a machine like this for the foreseeable future. But if you want to load the thing up, the $250 promotional discount also applies to the higher SKUs. So the model with 256GB storage drops to $950 and the maxed out...

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31 May 19:47

Microsoft is killing off Groove Music iOS and Android apps

by Tom Warren

Microsoft retired its Groove Music streaming service last year, but promised to keep investing in the app for Windows 10 users. That investment won’t continue for iOS and Android users, though. “Tomorrow we’re notifying customers that on December 1, 2018, the Groove Music iOS and Android apps will also be retired and, effective June 1, are no longer available for download,” says a Microsoft spokesperson in a statement to The Verge.

The app removal means you’ll no longer be able to use Groove Music as a locker service to access MP3s or other audio files from Microsoft’s OneDrive cloud service. However, Microsoft says music files will “continue to be available and playable on OneDrive” and other apps can access them. That’s not the same...

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31 May 06:24

Google is reportedly renewing its assault on the iPhone X with a redesigned and upgraded Pixel 3 phone (GOOG, GOOGL, AAPL)

by Avery Hartmans

Google Pixel 2

  • Google plans to release two new smartphones this year, the Google Pixel 3 and Google Pixel 3 XL, according to a report from Bloomberg's Mark Gurman.
  • The new devices will have upgraded rear cameras and two front-facing cameras. The Pixel 3 XL will reportedly have a nearly edge-to-edge display and a notch design similar to the iPhone X. 
  • Google has discussed building the phones with iPhone manufacturer Foxconn, Bloomberg reports.  

Google's upcoming Pixel smartphone could feature a bigger screen, two front-facing cameras, and its very own notch, in a design that sounds very similar to the $999 Apple iPhone X. 

According to a new report from Bloomberg's Mark Gurman, Google plans to release two new phones in October — the Google Pixel 3 and the Google Pixel 3 XL.

The new devices will feature dual front-facing cameras and an upgraded camera on the back. The larger device will have a nearly edge-to-edge screen, plus a notch design at the top similar to the iPhone X, Bloomberg reports. 

Also new this year: Google has reportedly approached Foxconn, the same manufacturer that produces iPhones, to discuss building the Pixel phones. 

Google first introduced its line of Pixel smartphones in 2016, and released the Pixel 2 and Pixel 2 XL in 2017. The phone is widely considered one of the best Android smartphones you can buy, but last year's models were beset by a wave of issues, including problems with the Pixel 2 XL's screen, weird clicking noises coming from the smaller Pixel 2, delivery delays, and more. 

According to a report from February, Google shipped 3.9 million Pixel phones in 2017, which is equivalent to about a week of iPhone sales.  

You can read more about Google's plans for the Pixel 3 over at Bloomberg

SEE ALSO: HTC's newest phone is see-through and squeezable, and has some of the most futuristic features of any high-end smartphone

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NOW WATCH: Here's the best smartphone camera you can buy

30 May 23:09

You've been pouring your Guinness all wrong

by Kevin Reilly

Ordering a Guinness on draft takes longer than most other beers. Part of the reason is the gas used to carbonate it — nitrogen. William Lee, a professor of Industrial Mathematics at the University of Huddersfield, in a study funded by the Science Foundation Ireland, discovered that the specially-designed Guinness pint glass causes the bubbles to sink and increases the wait time for the beer to settle. Following a transcript of the entire video.

Narrator: You've been pouring Guinness all wrong, but don't worry it's not your fault, it's Guinness'. Order a pint of the black stout in a pub and you're going to notice something very strange about the beer. Its bubbles are sinking! But wait, bubbles are supposed to rise all the time! Is Guinness defying the laws of physics? Not exactly.

Every Guinness is supposed to be poured into a specially crafted tulip glass. But that glass is designed to manipulate the bubbles in the beer to turn the pour into a performance, making you wait longer than you need to. But let's back up a bit and explain something about how the bubbles in a Guinness stout are different than most other beers.

William Lee: So the weird thing about stout beers is the bubbles inside, they're very small.

Narrator: This is William Lee. He's a professor of Industrial Mathematics at the University of Huddersfield in the UK and his research has found a problem with the traditional Guinness glass pint. Most beers are carbonated using carbon dioxide, but Guinness bubbles are filled with nitrogen. This is what gives the stout that iconic silky texture in your mouth and distinctive, creamy head resting above the dark beer. When you look closely at a Guinness while it's settling, the bubbles are actually falling instead of rising.

Lee: Whereas in the beer that has carbon dioxide bubbles, the bubbles are bigger. So they are less affected by flow and the bubbles go up no matter what.

Narrator: If bubbles are supposed to float up,  what exactly is causing Guinness bubbles to do something crazy and sink? Lee and his team devised a number of equations to explain this peculiar behavior.

Lee: So we've got a very simple model which just describes the motion of the bubbles rising under gravity and fluid sinking when it's more dense. And that was enough to predict sinking bubbles.

Narrator: These equations might not look so simple to the untrained eye, they helped Lee identify a problem with the specially designed Guinness glass.

Lee: Well the sinking bubbles - that has very much to do with the shape of the glass. So as the bubbles go up, they're moving away from the sloping walls. And behind they're leaving just beer, which is denser. So you've got dense beer besides the walls and of course dense beer sinks. And as it sinks it carries the bubbles with it. So that's why you see the sinking bubbles in Guinness with the small bubbles which get carried down by the currents.

Narrator: And here is where Guinness has exploited this sinking bubble phenomenon, making it part of its branded pouring presentation. The pour is marketed by Guinness as a six-step process including a special pint glass, a correct angle of pouring, and even a midway waiting period in which the beer separates before the pint is topped off. It has become a time-honored ritual in pubs around the world. A bulk of that time is the settling.  But this time period is as much about marketing as it is the physics.  You may be waiting longer than you would for another beer, but that’s by design.

Commercial: It can't be rushed, as we say, "good things come to those who wait."

Narrator: Now you might think that the beer flowing into the glass is causing a current that affects the bubbles. And you'd be right, but it's small and not even factored into Lee's models. The bigger effect comes from the tulip shape of the Guinness glass once you set it down.

Lee: So we think that afterwards, when things are more or less still, a second effect affecting the currents is going on. And that's essentially the bubbles trying to rise, but depending on the shape of the walls that's going to cause bubbles to either separate from the beer or accumulate.   And once you have that you have variations in density. And of course, variations in density are going to cause flow. 

Narrator: So if the Guinness glass isn't the perfect glass for a pint of Guinness, what is?

Lee: Unfortunately I think that the ideal glass is going to be shaped like a giant cocktail glass. Sloping walls going straight out. But basically gigantic and looking very strange. So the ideal glass would be kind of martini shaped.

Narrator: Wait a minute. A martini glass?! I mean, just look at it — just the idea is absurd. Yet, it's almost remarkable how quickly it settles. But this still leaves you with a choice of waiting or using something ridiculous. Will Lee's work help solve this?

Lee: So I'm hoping that somewhere in between the standard pint glass and the giant martini glass there's something where settling happens a bit quicker then it happens at the moment, but that doesn't look totally ridiculous, something that beer drinkers might actually use.

Narrator: For now, what you choose depends on a marketing tradition versus getting to drink your beer faster. What's your choice?

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30 May 18:19

Walmart is now offering college tuition to employees for $1 a day

by Leanna Garfield

walmart worker

  • Walmart announced on Wednesday that it will offer low-cost college education to part-time, full-time, and salaried employees at three universities, all of which have online programs for working adults.
  • Employees will pay just $1 a day, which works out to about $75 per semester.
  • The catch is that employees must study business or supply-chain management.
  • The new initiative will likely benefit Walmart more than it will cost the company.

On Wednesday, Walmart announced that it will offer low-cost college education to its 1.4 million part-time, full-time, and salaried workers at Walmart and Sam's Club.

Employees will pay just a dollar a day, which works out to about $75 per semester. The retail giant is partnering with the University of Florida in Gainesville; Brandman University in Irvine, California; and Bellevue University in Bellevue, Nebraska. All three are nonprofit universities that have online programs for working adults.

While the initiative may sound too good to be true, there is a catch: The employees must study business or supply-chain management, and have worked at Walmart for at least 90 days.

According to a statement from Walmart, offering college classes to employees is part of its attempt to improve retention rates and engagement at work. If an employee leaves the company before they earn their degree, they can continue their studies on their own without the financial assistance from Walmart.

Other companies have made similar investments in higher education for employees. Starbucks provides workers a full ride to Arizona State University for undergraduate degrees in over 60 subjects, and Chipotle Mexican Grill gives its employees up to $5,250 in annual tuition assistance.

This is not the first time Walmart has partially picked up the tab for its employees' college classes. In 2010, it partnered with American Public University to offer online courses that counted toward a bachelor's or master's degree, but the company agreed to only cover up to 15% of tuition.

A Walmart spokesperson told The Washington Post that the company doesn't know how much it will end up spending on the new program, but it expects that as many as 68,000 employees will sign up in the first five years. 

Annual tuition and fees at the three schools range from $7,365 at Bellevue University to $28,658 for out-of-state students at the University of Florida, according to US News & World Report. That means that if 68,000 employees enroll by the end of 2023, Walmart may shell out anywhere from $500.8 million to $1.9 billion annually (not counting the $1 a day employees would pay back) by that time.

The program will likely benefit Walmart much more than it will cost the company. Since 2015, Walmart has already invested $2.7 billion in training, education, and higher wages. Investing in employee education could allow managers to fill the gaps in their workers' professional skills, so the company may need to spend less on these things in the future.

This rationale is true for other large companies, which also already pour a lot of money (more than $164 billion annually, according to a recent employer survey) into employee training. As The Atlantic notes, that's about $15 billion less than what the federal government and states spend on higher education combined.

"We know there [are] a lot of benefits from a business perspective," Drew Holler, vice president of people innovation for Walmart US, said on a call with reporters. "We know we're going to see an influx of applications."

SEE ALSO: A booming California coffee chain says it knows the key to one of Starbucks’ biggest customer problems

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NOW WATCH: We had millennials try Chick-fil-A for the first time

30 May 18:18

Here’s Mary Meeker’s essential 2018 Internet Trends report

by Josh Constine

Want to understand all the most important tech stats and trends? Legendary venture capitalist Mary Meeker has just released the 2018 version of her famous Internet Trends report. It covers everything from mobile to commerce to the competition between tech giants. Check out the full report below, and we’ll add some highlights soon. Then come back for our slide-by-slide analysis of the 20 most important parts of the 294 page report.

  • Internet adoption: As of 2018, half the world population, or about 3.6 billion people, will be on the internet. That’s thanks in large part to cheaper Android phones and Wifi becoming more available, though individual services will have a tougher time adding new users as the web hits saturation.
  • Mobile usage: While smartphone shipments are flat and internet user growth is slowing, U.S. adults are spending more time online thanks to mobile, clocking 5.9 hours per day in 2017 versus 5.6 hours in 2016.
  • Mobile ads: People are shifting their time to mobile faster than ad dollars are following, creating a $7 billion mobile ad opportunity, though platforms are increasingly responsible for providing safe content to host those ads.
  • Crypto: Interest in cryptocurrency is exploding as Coinbase’s user count has nearly quadrupled since January 2017
  • Voice: Voice technology is at an inflection point due to speech recognition hitting 95% accuracy and the sales explosion for Amazon Echo which went from over 10 million to over 30 million sold in total by the end of 2017.
  • Daily usage – Revenue gains for services like Facebook are tightly coupled with daily user growth, showing how profitable it is to become a regular habit.
  • Tech investment: We’re at an all-time high for public and private investment in technology, while the top six public R&D + capex spenders are all technology companies.

Mary Meeker, analyst with Morgan Stanley, speaks during the Web 2.0 Summit in San Francisco, California, U.S., on Tuesday, Nov. 16, 2010. This year’s conference, which runs through Nov. 17, is titled “Points of Control: The Battle for the Network Economy.” Photographer: Tony Avelar/Bloomberg via Getty Images

  • Ecommerce vs Brick & Mortar: Ecommerce growth quickens as now 13% of all retail purchases happen online and parcel shipments are rising swiftly, signaling big opportunities for new shopping apps.
  • Amazon: More people start product searches on Amazon than search engines now, but Jeff Bezos still relies on other surfaces like Facebook and YouTube to inspire people to want things.
  • Subscription services: They’re seeing massive adoption, with Netflix up 25%, The New York Times up 43%, and Spotify up 48% year-over-year in 2017. A free tier accelerates conversion rates.
  • Education: Employees seek retraining and education from YouTube and online courses to keep up with new job requirements and pay off skyrocketing student loan debt.
  • Freelancing: Employees crave scheduling and work-from-home flexibility, and internet discovery of freelance work led it to grow 3X faster than total workforce growth. The on-demand workforce grew 23% in 2017 driven by Uber, Airbnb, Etsy, Upwork, and Doordash.
  • Transportation: People are buying fewer cars, keeping them longer, and shifting transportation spend to rideshare, which saw rides double in 2017.
  • Enterprise: Consumerization of the enterprise through better interfaces is spurring growth for companies like Dropbox and Slack.
  • China: Alibaba is expanding beyond China with strong gross merchandise volume, though Amazon still rules in revenue.
  • Privacy: China has a big opportunity as users there are much more willing to trade their personal data for product benefits than U.S. users, and China is claiming more spots on the top 20 internet company list while making big investments in AI.
  • Immigration: It is critical to a strong economy, as 56% of top U.S. companies were founded by a first- or second-generation immigrant.

 

29 May 16:54

The FBI is warning you to reboot your router to prevent a new attack — here's everything you need to do

by Antonio Villas-Boas

linksys router 2x1

On May 25, the FBI warned that anyone who uses a router to connect to the internet should reboot their routers.

The warning comes amid a Russian malware (malicious software) called VPNFilter that can secretly install itself onto internet routers and collect data from an unsuspecting user. So far, it's estimated that 500,000 devices – mostly from the Ukraine – have been affected. 

Rebooting internet routers will "temporarily disrupt the malware and aid the potential identification of infected devices," according to the FBI. The agency also recommends to disable your routers' remote management settings, and update the password you use to access your router's settings.

If there's an update available for your router, you should install that update, too. 

I'll be using my Netgear router to show you to disable your router's remote management feature, reboot your router, and install updates if they're available. Router settings will look different on routers from different companies, so  this might not look the same if you have a router from a different company. Still, the settings on your router should be pretty similar, and you can always pull out your router's manual or search online how to do these things on your own router.

Check out how to access your router's settings and update its firmware:

SEE ALSO: How to prevent Amazon's Alexa and Echo devices from accidentally sending private conversations to your contacts

1. Access your router's settings.

To access your router's settings, type in these numbers into your web browser's search bar without the quotes: "192.168.1.1"

You'll be asked to provide an account name and password. If you haven't added your own account name and password to your router when you first set it up, it's most likely the default username and password:

Username: admin

Password: password

If your router has different default login credentials, check your router's manual or do a quick online search, like "[Your router brand, your router model] default login."

If you're still using the default login credentials, you should add your own password. I'll show you how later in this post. If you did add your own credentials, use them. 



2. Change your login credentials for your router settings.

Head to the Advanced settings on your router > Administration > Set Password > follow the steps > click Apply



3. Disable the remote management settings suggested by the FBI.

Some brands like Netgear have the remote-management feature disabled by default, but it's easy to check and worth doing while you're in your router's settings.

On my Netgear router, I go to the Advanced tab > Advanced Setup > click Remote Management > and make sure it's disabled.

If it's enabled, I uncheck the box next to Turn Remote Management On and click apply. 



See the rest of the story at Business Insider
29 May 16:52

The best time of day to do everything at work, according to science

by Hilary Brueck

desk

At work, a calendar filled with meetings and deadlines often dictates the cadence of our days. But despite what tightly timed agendas might try to insist, our internal body clocks are secretly running the show. Scientists call this personalized daily pattern of sleep and wakefulness a circadian rhythm.

Whether you know it or not, our bodies have a specifically set programming schedule for the best time of day to concentrate, spark new ideas, and experience peak performance.

Scientists have tracked how cognitive abilities rise and fall, and found that most of our brains follow a neatly predictable pattern of cognition that fluctuates hour by hour, throughout the course of a day. Author Daniel Pink revealed his formula for a perfect science-backed workday in his 2018 New York Times bestseller "When: The Scientific Secrets of Perfect Timing."

The strategy for your own perfect day might differ from this, depending on whether you're more of an early riser or a night owl, but in his book Pink reveals a basic formula for a better work schedule, whatever time of day you tend to plug in. We've added in a few other science-backed ways to make your workday better, too.

Take a look.

SEE ALSO: How often to clean everything you own, from your toilet to your phone, according to science

Almost all of us fall into a predictable mood pattern each morning.

Scientists who studied 509 million tweets from 2.4 million people in 84 countries around the world found that just about everyone's mood follows a body-clock-linked daily rhythm.



We tend to rise in relatively good spirits. These first morning hours are a great time for following routines and sticking to a schedule. If you're looking to shape up or trim down, you might want to start the day off with a little exercise.

If you're not a professional athlete, it might be best to get that workout out of the way in the morning, when there are fewer distractions around to kick your plan off course.

Studies show you're likely to build more muscle with a daybreak workout than an evening routine. Plus, if you don't eat beforehand you can burn off more fat than you would working out after a meal.



Our attitudes continue to brighten as the morning wears on. As we wake, we become happier, warmer and enjoy work more. The good feeling typically peaks somewhere around noon.

Source: British Journal of Psychology



See the rest of the story at Business Insider
29 May 14:34

A South Pacific nation is banning Facebook for a month as the region grapples with fake news and censorship

by Tara Francis Chan

Mark Zuckerberg Facebook CEO

 

 

 

 

 

 

 

 

 

 

 

  • Papua New Guinea plans to ban Facebook for a month to evaluate the benefit of the platform and delete fake accounts.
  • Facebook has been criticized recently for its role in inciting hatred and violence in Asian countries including Sri Lanka and Myanmar, where it has "turned into a beast" according to a UN official.
  • But there have also been growing instances of censorship across the region, with people being regularly jailed for Facebook posts seen as critical of ruling governments.
  • PNG has said it may even consider creating its own social network.


The South Pacific nation of Papua New Guinea (PNG), Australia's closest neighbor, directly to its north, will temporarily ban Facebook as the region grapples with potentially troubling side effects of the platform.

The month-long ban will allow the government to research how the social media platform is being used and, in particular, will target fake news and fake accounts.

"The time will allow information to be collected to identify users that hide behind fake accounts, users that upload pornographic images, users that post false and misleading information on Facebook to be filtered and removed," Communications Minister Sam Basil said, according to the local Post-Courier.

"This will allow genuine people with real identities to use the social network responsibly," he said, adding that a specific date for implementation hasn't been set.

"We cannot allow the abuse of Facebook to continue in the country," Basil said.

Issues with Facebook are rising across Asia

Rohingya Refugees Myanmar

Fake accounts and potential political interference on Facebook aren't just in Russia's playbook.

In 2016, weeks before Rodrigo Duterte was elected president of the Philippines, Rappler found 26 fake accounts were able to influence at least 3 million accounts.

Earlier this year, Sri Lanka temporarily banned Facebook, as well as WhatsApp and Instagram, after posts inciting violence towards the country's Muslim population were discovered amid a state of emergency.

But concern reached new levels when it emerged that Facebook has contributed to the suspected genocide in Myanmar. One UN official said in March that Facebook "substantively contributed to the level of acrimony and dissension and conflict, if you will, within the public. Hate speech is certainly of course a part of that."

A UN investigator also said that "everything is done through Facebook in Myanmar" and "that Facebook has now turned into a beast."

Problems have also arisen in Cambodia, where the Prime Minister's Facebook page has 10 million likes despite the country having less than 16 million constituents. A Cambodian opposition leader has since taken Facebook to court in California in hope of being granted information on where those likes came from.

Last year, Cambodia was one of the countries where Facebook tested a newsfeed change by putting publishers' content in a separate page, a move that came amid a government crackdown on independent media.

"It’s astonishing that Facebook is using a group of less-developed countries as guinea pigs for their experiment, especially since the evidence shows that this separation of newsfeeds is likely to have broad and harmful effects on local public discourse and the local media market," said Phil Robertson, deputy director of Human Rights Watch’s Asia division, said at the time.

But censorship is also on the rise

Soccer fans use phones

Part of the reasoning for PNG's proposed shutdown is to have time to enforce the country's Cyber Crime Act so "perpetrators can be identified and charged accordingly."

The law, enacted in 2017, received praise for its focus on data and network security. But human rights groups are concerned it could also allow the government to crackdown on criticism, and ease the path to censorship.

Defamatory content, offensive publications, and inciting unrest can all be punished by up to 25 years in jail.

Last year, PNG's electoral commissioner, Patilias Gamato, obtained a court order to stop one blogger tweeting or sharing statements that labeled  him "tomato".

In Thailand, arrest warrants are regularly issued for a range of content posted on Facebook and YouTube. One man was sentenced to 30 years for insulting the monarchy on Facebook in 2015, while another was sentenced to 10 years for comments made in a private Facebook Messenger chat.

Police also monitor Facebook posts in Cambodia. Among numerous incidents in recent years, one man was arrested on his wedding day in February for calling the government "authoritarian" in a Facebook video.

Earlier this year Malaysia introduced a fake news law and last month convicted a Danish citizen over a YouTube video that included inaccurate criticism of police. The country's new government hopes to repeal the law in June.

Cambodia's president is reportedly mulling a similar law.

PNG might create its own social network

Papua New Guinea

In PNG, Basil seemed unconcerned about a future without Facebook, suggesting that the country may also look at creating a new social network site for local citizens.

"If there need be then we can gather our local applications developers to create a site that is more conducive for Papua New Guineans to communicate within the country and abroad as well," he said.

Facebook confirmed to Business Insider it has reached out to the PNG government. 

SEE ALSO: After declaring a state of emergency, Sri Lanka has banned Facebook, Instagram, and WhatsApp

Join the conversation about this story »

NOW WATCH: How a $9 billion startup deceived Silicon Valley

27 May 04:42

Obama warns: if America stays so divided, our democracy and economy won’t survive

by Julie Bort

Barack Obama

  • Former President Barack Obama remains hopeful that America can solve its political divisiveness.
  • But he also has a stark warning for the US: Our economy and our democracy are at risk if we can't get past the finger-pointing, partisan morass that has gridlocked the nation for years.
  • Obama also said that technology from mobile phones to social networks is helping tear us apart, rather than bring us together.
  • This is a new, more serious change of tone for the 44th president since he left office at the beginning of 2017, handing the White House keys to the Trump Administration. 

 

Former President Barack Obama was on stage Wednesday evening at a tech conference in Las Vegas hosted by identity security company Okta where he talked about the future of the country.

Obama's previous public appearances since leaving office have been unfailingly hopeful about America's future. But when Okta CEO Todd McKinnon asked Obama his thoughts on the nature of identity these days, Obama drifted into words of warning.

"We live in a culture today where everybody feels the crush of information and the collision of worlds," Obama explained.

This is very different than how our ancestors lived, he pointed out. Humans have, for most of their history, lived their whole lives in the same basic geographic area where they were born, had a network of friends that stretched to maybe 150 people and lived in societies "with very clear rules and expectations," Obama said. 

"That's sort of how our brains are wired," he said.

But today, people can easily move across the country or across the world. And everyone uses technology — even in developing countries like Africa, everybody has a mobile phone.

That means our world is more connected, and technology is reshaping our relationships, our access to information and the way we make our livings.

Obama said "the great thing about the United States" is that we've had a "head start" over dealing with this kind of setup compared to the rest of the world because we are a nation of immigrants.

"We are a people that came from everywhere else, so we had to figure out how to join together and work together, not based on race, or religious faith or even, initially, language, but based on creed and a sense of principals," he said.

The challenge Americans face today is "how do we maintain that sense of common purpose, our 'in it together,' as opposed to splintering and dividing? As we are seeing in some debates in social media and elsewhere, it's harder to do today. But I think it becomes more necessary than ever, because if we don’t figure it out, not only will it be hard for our economy to survive but it is going to be hard for our democracy to survive."

Obama believes that one important way we can maintain and increase a national identity, where citizens view themselves as Americans first, rather than members of a particular tribe (like our political party, or race, or gender) is by sharing stories with each other. The more we can do that, the more we'll see each other as fellow humans, rather than as caricatures representing some other tribe.

One place to start is to ask everyone, no matter where in the political spectrum you fall, to expand your media sources, he suggests.

"Right now part of our polarization is that if you watch Fox News all day, or you read the New York Times, you are occupying two different realities. We have to be able to figure out, in this multiplicity of platforms, to have some common baseline of facts that allow us to meet and solve problems," he said.

More from President Obama's talk on Wednesday:

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NOW WATCH: Jeff Bezos: Blue Origin is 'the most important work that I'm doing'

24 May 23:27

'This is what the future is going to be': The CMO of JPMorgan Chase explains why she's spending more time with Adobe than ad agencies

by Tanya Dua

Kristin Lemkau

  • JPMorgan Chase CMO Kristin Lemkau manages a whopping $5 billion marketing budget.
  • But she's wary of spending that on ad agencies, particularly agencies that buy media on behalf of brands.
  • In an interview with Business Insider CEO Henry Blodget, she questioned the long-term sustainability of today's ad agency model, saying that it was challenged.
  • She also challenged the ad agency holding company structure, questioning whether it was as valuable for the client as it is for the shareholder.

Brands are hiring their own data scientists and brand safety officers, bringing creative in-house and even building their own technology stacks.

That's threatening the existence of ad agencies, JPMorgan Chase's chief marketing officer Kristin Lemkau told Business Insider CEO Henry Blodget in a recent interview. And she doesn't know if they will survive.

"Publishers have in-house agencies, brands have in-house agencies. What can they (agencies) do that will continue to provide value for the marketer in a meaningful way that we can't ourselves?" she asked. "Every publisher I've spoken to, and every CMO I've spoken to, says that they would prefer that more people get out of the middle."

Specifically, Lemkau, who oversees a whopping $5 billion ad budget, questioned media-buying agencies, that procure the space for ads to run on the internet, TV and other mediums. JPMorgan Chase, among other brands including Verizon and Pernod Ricard, has brought its data and programmatic advertising in-house.

"I do think creatively agencies will always have a role to play, because they will see different perspectives, they will see different brands," she said. "On the media buying side, I think they may struggle more."

That's because brands that have been burned by the murkiness of digital media and issues of fraud, viewability and transparency, have stepped up and started to take matters into their own hands. They are trying hard to come up to speed and learn it all quickly, she said.

"We are spending more time with Salesforce, Adobe and Pega and some tech vendors than we are traditional agencies, because this is what the future is going to be," she said. "Particularly if you are a company that has data and customers entrust you with data."

JPMorgan Chase has also been beefing up its internal advertising technology team. The team has a chief technology officer, a product owner, a program manager, as well as different sets of teams leading different integration points, according to Lemkau. 

"I talk to my chief technology officer probably more than anybody else who works for me," she said. "Most marketers today will say this is the thing they spend the most time on that they understand the least."

Lemkau also questioned the ad agency holding company structure as it currently exists.

"I think we're all looking and seeing what's the value of the holding company structure?" she said. "Is it as valuable for the client as it is for the shareholder? I don't know."

Join the conversation about this story »

NOW WATCH: Ally Financial CMO says that too much data hurts a brand — and is dangerous for the industry in the long-term

24 May 17:51

Advantage Avaya at UC EXPO 2018

by Patrick Watson
UC Expo Avaya

May’s UC EXPO 2018 was the chance for all of the main collaboration and communication brands to showcase their presence in the industry and none were more prominent than Avaya. With arguably the biggest and most impressive stand on the show floor we take a look the event from an Avaya angle.

During the two day UC EXPO event one of the busiest stands on the show floor was undoubtedly Avaya’s. With a host of exciting new technology proposals on show Avaya were joined, on their stand, by two of their most innovative partners with Formation Tech and Six Degrees Group offering customers a direct partner route to Avaya’s cloud offerings.

Avaya loyalty2GETHER

UC Today spoke to Managing Director of Avaya UK Ioan MacRae about UC EXPO and how events such as this provide Avaya with a great opportunity.

“Strategically UC EXPO is an important show for us. We went with the goal to drive our mid-market portfolio in the form of our new endpoint devices, our pure cloud and hybrid cloud solutions as well as the latest version of Equinox. We did just that, and furthermore, we had a lot of positive discussions about Oceana for our enterprise customers, proving that Avaya has a lot to gain from attending.”

Ioan MacRae Avaya
Avaya’s UK managing director Ioan MacRae.

Avaya have been public about their strategic shift to enable a more cloud focused proposition and this was highlighted by their choice of partners. Both Formation Tech and Six Degrees are both cloud centric Avaya partners with specialist skills that enable existing, and new, Avaya customers to leverage some of the huge realm of benefits that cloud platforms represent.

Mark Tyers Co-Founder of Formation was enthused by the opportunity to work so closely alongside Avaya at such a high profile event.

“The aspect I found most interesting, whilst on the (Avaya) stand, was the realisation of the size of the existing Avaya customer base. Within the Avaya’ customers the opportunity for cloud is huge, much bigger than in any other business. The ease of which customers can now to look to move to cloud solutions generated enormous interest for us.”

As well as leveraging a huge base of existing Avaya customers, many of whom will be considering upgrading legacy on premises systems to Avaya’s latest generation of cloud options, Formation’s other Co-Founder Dan Cholerton recognises the benefits they can add as partner to Avaya’s proposition at events like UC EXPO.

“The value to the customer of being able to experience Avaya and the partner together at UC Expo was enormous. Whilst Avaya, as ever, did an amazing job showcasing it products and applications, we as a partner were then able to help customers understand how the services would be delivered and where the business benefits would be seen. This joined up approach of taking customers from Avaya vision to customer value was well received.”

Alongside their impressive stand and partner team Avaya were also keen to publicise some of their promotions and incentives which are designed to assist partners when transitioning existing customers to their cloud portfolio. Their Loyaty2Gether programme, which you will hear more about on UC Today Out Loud next week, is a comprehensive CS1000 upgrade programme that Avaya promise offers their most aggressive discounts ever.

Loyalty2Gether

The success of the event from an Avaya standpoint is not only judged on brand recognition and interest but also on the genuine opportunity to help customers in the future with their cloud communications journeys.

“Avaya had a lot of positives to take away from UC EXPO. Our stand was exceptionally busy throughout the show, and it was fantastic to see a lot of interest from delegates in our cloud solutions and how our partners can provide them. Formation and Six Degrees did a great job supporting us and collectively we ended the show with a lot of qualified leads to follow up on.”

An event like UC EXPO is always an exciting place to visit a wash with innovative technology, interesting platforms and new names in the market place. However during 2018’s expo Avaya appear to have stolen the show with a creative approach demonstrating their forward thinking cloud focus alongside some of their most disruptive partners.

24 May 17:38

The TicWatch Pro uses a transparent second display to save power

by Jacob Kastrenakes

Aside from seeing the name go from Android Wear to Wear OS, not much has changed about Android-powered smartwatches over the past couple years. But one being announced today is trying to introduce a twist: Mobvoi’s TicWatch Pro comes with a second screen that sits on top of the smartwatch’s main display. Both screens aren’t used at once; instead, the main display will switch off to save power, letting the low-power top display remain on and present the time. If you get really low on battery, Mobvoi says you can turn off most of the smart features and coast for days using the second display.

Here’s how it works: The core of the TicWatch Pro is a standard fare Wear OS smartwatch. It’s kind of chunky, and it can make NFC payments, track...

Continue reading…

24 May 17:36

Slack founder Stewart Butterfield believes that most office work is '70% wasted output'

by Jim Edwards

Stewart Butterfield

  • Stewart Butterfield is hopeful that AI will free us from office drudgery.
  • He compared some jobs to "Office Space," a comedy about office workers whose lives are a living hell their jobs are so trivial.
  • Technology should be used for "automating away things humans do poorly — like remembering things, doing arithmetic [or] comparing hundreds of millions of items with each other and detecting patterns," he said.
  • Most people do not regard meetings and emails as their actual work. They are the things that get in the way of the work, he says.
  • "We're probably at about 70% wasted output. And we're better than average," he joked. 


PARIS — Slack founder Stewart Butterfield has a dim view of office life.

"Think about the tropes of culture around office work, the TV show 'The Office,' the movie 'Office Space,' and 'Dilbert' the cartoon ... they involve long meetings, too much email, those have been a constant for decades," he said today at VivaTech, the giant tech conference in Paris.

"People tend to not see that as part of their work," he said, referring to the way that meetings get in the way of the actual tasks people's jobs consists of.

"Over the last 20 or 30 years in most occupations people have become more productive," he said.

As an example he talked about recruiters. Today, they have LinkedIn, email, "tools for auto-sorting and scoring resumes as they come in." But "in 1991, all they had was the White Pages."

"The area that hasn't improved so much is communication," he said.

Anyone who has found themselves involuntarily contributing to a companywide reply-all chain can sympathies. We are 30 years into the digital age. Why is it that mere communication still seems like a chore?

The problem is so bad that Stewart believes most "work" done in an office environment is "wasted."

Think about "the theoretical maximum productivity of our company," he said, which has about 1,000 employees. "We're probably at about 70% wasted output. And we're better than average. It might be 90% in many organisations. I'm entirely making that up - 70% is how I feel rather than some data that I have," he joked.

That's why something that can automate rote communication tasks, like Slack, or Gmail, make such huge differences, he said. Small steps make a big difference. "Things as simple as Gmail's predictive suggestions for how to respond to email takes a little bit of the friction out of it."

office space bill lumbergh

Butterfield says he is hopeful that AI will free us from the drudgery of "Office Space," the Mike Judge comedy about a group of office workers whose lives are a living hell because their jobs require them to do only trivial tasks.

"Think about people with knowledge-worker positions, there will be more of a reliance on human intelligence [in the future], automating away things humans do poorly — like remembering things, doing arithmetic [or] comparing hundreds of millions of items with each other and detecting patterns," he said.

We can give the chores to the machines. The future will belong to humans who know how to operate software, who know what it is capable of, who know how to handle analytics and data science around organisations.

That is "going to pay huge dividends," he said.

SEE ALSO: Slack CEO Stewart Butterfield talks to Business Insider about what’s next for his $5 billion rocket ship

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NOW WATCH: Jeff Bezos reveals what it's like to build an empire and become the richest man in the world — and why he's willing to spend $1 billion a year to fund the most important mission of his life

24 May 17:34

Obama describes what being in the Situation Room is like — and it's advice anyone can use to make hard decisions

by Julie Bort

obama situation room

  • Obama talked about what it was like making a tough call in the Situation Room during a recent interview at a tech conference in Las Vegas.
  • His advice can be applied to any situation where a decision needs to be made without any obvious solution, and how to avoid being told just what others think you want to hear.

When former president Barack Obama had to make big decisions during his time in office, he would assemble a team to confer with him in the White House's famous Situation Room.

From there, he used a set of specific guidelines to help him make a decision, Obama told the crowd attending a tech conference in Las Vegas he spoke at on Wednesday, hosted by identity security company Okta.

When asked by Okta CEO Todd McKinnon about his system for instituting change, and how he made sure that folks weren't just being yes-men, Obama gave an answer that was full of advice anyone can use when trying to make hard decisions.

When President Obama was first elected into office in 2008, the worldwide economy was crashing. He and his team had to step in, make a bunch of decisions, some of them unpopular, to change the course of the country. By the time he left office 8 years later, the economy was purring again. And in between, he dealt with everything from the military strike that killed Osama bin Laden to an outbreak of Ebola that threatened to spread to the U.S.

1. Listen to the people who will be most impacted by the change. "Before you start wanting to change everything, spend time talking to people you want to change or whose lives are going to be disrupted," Obama said. The goal isn't to warn them or persuade them, it's to understand them.

"If they feel heard" and you've established a rapport, you have a better chance of getting them on board with the change and to "be partners" to make the new plan successful. So listening is "a good starting point," he said.

2. Realize there's no right answer, it's about weighing the odds.

"I used to describe the nature of the presidency as having to make decisions about issues that nobody else could solve, or are basically insolvable or at least not perfectly solvable. By definition, if a problem had an obvious solution to it, somebody else would have solved it before it got to me," he said.

Obama said that facing issues nobody beneath him had figured out a solution for meant "I was usually working on probabilities, whether it was the bin Laden raid, or do we bail out Chrysler when it's hugely unpopular and it's not sure the auto company will make it? Or, how do we approach dealing with Ebola?"

3. Seek out the naysayers.

Obviously, before you decide, do your best to gather the best information possible.

Once you've got it, you need to gather diverse opinions from "people who can argue all the sides," he said.

Barack Obama, Todd McKinnon

4. Get outside the 'bubble' of people who are 'supposed' to advise you.

Obama says that a lot of big decisions were made in the Situation Room.

"If you were in the Situation Room, the way it would work is you’ve got some big kahunas sitting around the table," he said. This might include the secretaries of state and defense, the CIA director, national security advisor, and "a bunch of generals" who "look tough and important."

Naturally, they all gave their two cents, and they "red teamed" it, he described, meaning the group tested all the assumptions.

"Invariably, in the outer ring of the room, there’d be a whole bunch of people, often younger but not always, and they had the big binders and they’re doing stuff and taking notes. And those are the people who are actually doing the work," he quipped, and the audience rewarded him with a laugh.

"I’d point to someone in the back and say, you, what do you think? And they’d be shocked that I called on them," he said. And because the person hadn't prepped a response, Obama said they would answer honestly. 

"Part of the way I was able to ensure people were not telling me just what I want to hear, was to deliberately reach outside the bubble of the obvious decision makers," he said. 

5. Test your B.S. detector. 

"Every leader has strengths and weakness and one of my strengths is a good B.S. detector," Obama said. But he still tested that people were doing their part and not just agreeing with what he said or telling him what he wanted to hear. If someone agreed with his idea, he would tell them that he had changed his mind, and then grill the person on why the idea was still the best option. 

6. Insist that people deliver bad news quickly and are not punished for honest mistakes. 

Obama's final guideline is this: He always insisted that people deliver bad news quickly. And that meant he couldn't punish the messenger.

"No one in my White House ever got in trouble for screwing up as long there wasn’t malicious intent behind it," he said. 

And he couldn't resist throwing a bit of shade aimed at the current administration, as well as some in years gone by, like Nixon's.

"And there wasn’t any malicious intent, which is why I didn’t have scandals. Which seems like it shouldn’t be something you brag about," he joked. "But actually, if you look at the history of the modern presidency, coming out of the modern presidency without anybody going to jail, is really good. It’s a big deal," he said to a crowd that appreciated the dark humor and laughed.

"People used to ask me, why was I calm during the presidency? In addition to being from Hawaii, which really helped (We’re just chill)," he joked, "part of the reason is I set up processes. So by the time I made a decision, I might not get the outcome I wanted, but it might be a 51/49 decision, or a 60/40 decision, but I can say I heard all the voices involved — gotten all the info, seen all the perspectives —  so when I made decision, I was making it as well as anybody could make it."

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24 May 17:24

Netflix hits a record high, passes Disney in size (NFLX)

by Jacob Sonenshine

netflix ceo reed hastings


Netflix shares hit an all-time high early Thursday, and in the process the company edged past Disney in terms of market cap.

Shares touched an all-time high of $346.73, giving Netflix a market cap of approximately $151.43 billion. Disney's market cap is roughly $151.36 billion.  

The streaming-video giant has seen momentum as of late, propelled by its first-quarter earnings report. Although revenue and earnings-per-share were in line with Wall Street expectations, subscriber growth blew past estimates. The company added 7.41 million subscribers in the US and internationally — its biggest total for Q1.

International growth has been an area investors have hung their hat on recently, and all the signs seem to be pointing to Netflix maintaining its dominance as it expands globally. Morgan Stanley data shows there's much more room for international growth, which the company has just begun to tap into. 

Netflix has said it will spend $8 billion on content this year and expects its cash burn to rise to $3 billion-$4 billion.

Netflix is up 72.66% this year, far outpacing 0.72% gain of S&P 500.

Screen Shot 2018 05 24 at 10.25.48 AM

SEE ALSO: For years, Chase and Citi credit cards offered a generous, under-the-radar benefit that protected customers. And then the bots arrived.

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NOW WATCH: A Nobel Prize-winning economist explains what Milton Friedman got wrong

23 May 18:08

Trump blocking Twitter critics is unconstitutional, court decides

by Colin Lecher

It is unconstitutional for public officials, including the president, to block Twitter followers who criticize them, a court ruled today in a legal dispute over President Trump’s account.

Twitter’s “interactive space” creates a public forum

The lawsuit, brought by Columbia University’s Knight First Amendment Institute, argued that Twitter users blocked by @realdonaldtrump had their First Amendment rights violated. In a decision released today, a federal judge hearing the case ruled that Twitter’s “interactive space,” where users can interact with Trump’s tweets, qualifies as a public forum, and that blocking users unconstitutionally restricts their speech. The decision rejected arguments from the president’s team that President Trump’s...

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