35 Burst results for "wsj.com"

"wsj.com" Discussed on WSJ What's News

WSJ What's News

04:24 min | Last month

"wsj.com" Discussed on WSJ What's News

"Visit wsj.com. In Atlanta, a new wave of protests begins after a white police officer fatally shoots a black man in the back. We will have the latest plus we look at India Weird faces unique challenges in controlling the corona virus now with this soon, Nami of covid cases. What was on a regular day? Already a bad situation has become impossible, unbearable and volatile markets as well as volatile trading of volatility. We'll simplify that and explain why matters it is Monday. June the fifteenth I'm mark, Stewart with the Wall Street Journal, and this is what's news. We're going to begin in Atlanta, we're prosecutors. Protesters and politicians are raising questions. Following the fatal police shooting over the weekend. Videos of the incident are getting international attention and the local DA, said the officer scenes shooting the man on video could face a murder. Charge Atlanta mayor. Kisha land's bottom spoke over the weekend while we have a police force full of men and women who work alongside our communities with honor, respect and dignity. There has been a disconnect with what our expectations are, and should be as it relates to interactions with our officers and the communities in which they are entrusted to protect. Video Shows Rashard Brooks running from police in a Wendy's parking lot after grabbing a taser from an officer, he points it at an officer, though it's not clear if he fires the Taser then one of the officers shoots Brooks Atlanta's police chief resigned in the wake of the shooting. The officer seen pulling the trigger was fired. The other officer on the scene was placed on administrative duty. It couldn't be determined if the officers have attorneys. The deadly shooting sparked a new wave of protests..

officer Atlanta wsj.com Brooks Atlanta Rashard Brooks Wall Street Journal India Weird Stewart murder
"wsj.com" Discussed on WSJ What's News

WSJ What's News

04:24 min | Last month

"wsj.com" Discussed on WSJ What's News

"Visit wsj.com. In Atlanta, a new wave of protests begins after a white police officer fatally shoots a black man in the back. We will have the latest plus we look at India Weird faces unique challenges in controlling the corona virus now with this soon, Nami of covid cases. What was on a regular day? Already a bad situation has become impossible, unbearable and volatile markets as well as volatile trading of volatility. We'll simplify that and explain why matters it is Monday. June the fifteenth I'm mark, Stewart with the Wall Street Journal, and this is what's news. We're going to begin in Atlanta, we're prosecutors. Protesters and politicians are raising questions. Following the fatal police shooting over the weekend. Videos of the incident are getting international attention and the local DA, said the officer scenes shooting the man on video could face a murder. Charge Atlanta mayor. Kisha land's bottom spoke over the weekend while we have a police force full of men and women who work alongside our communities with honor, respect and dignity. There has been a disconnect with what our expectations are, and should be as it relates to interactions with our officers and the communities in which they are entrusted to protect. Video Shows Rashard Brooks running from police in a Wendy's parking lot after grabbing a taser from an officer, he points it at an officer, though it's not clear if he fires the Taser then one of the officers shoots Brooks Atlanta's police chief resigned in the wake of the shooting. The officer seen pulling the trigger was fired. The other officer on the scene was placed on administrative duty. It couldn't be determined if the officers have attorneys. The deadly shooting sparked a new wave of protests..

officer Atlanta wsj.com Brooks Atlanta Rashard Brooks Wall Street Journal India Weird Stewart murder
"wsj.com" Discussed on WSJ What's News

WSJ What's News

02:51 min | 2 months ago

"wsj.com" Discussed on WSJ What's News

"President trump has signed an executive order that would limit the federal protections enjoyed by online platforms like twitter and facebook. The order comes after twitter. This week added a fact. Checking notice to some of the president's tweets our reporter Rebecca Ball House says the tussle between the president and big social media. Companies has been brewing for a while the president since the early days of his administration has been vowing to take some kind of action against twitter and other social media companies for what he says is a liberal bias against him and against his conservative but until this week he has yet to really follow through with any action in twenty eighteen. He said that there was going to be an action. Coming soon. To address what he said was censorship by social media platforms in two thousand nineteen. He hosted a social media summit at the White House where he invited some of his most provocative supporters to share grievances against large technology companies but didn't announce any measures. They're either an earlier this month. He said his administration was working to remedy what he called in a legal situation where the left was in total command and control of facebook instagram. Twitter and Google but this executive order which has been talked about for years and sort of picked back up in the last few weeks would be the strongest most aggressive action that the administration has actually taken against these social media company. So far the order would make it easier for federal regulators to question online platforms when they suspend or delete users accounts in terms of how this executive order would change the game for technology companies. It's important to note that that the changes that are proposed in the order would be first of all would likely encounter quick court challenges but also would unlikely even if they weren't held up in the courts to actually take effect for for months at the very least with this executive order is trying to do is to clarify and strengthen the way that federal regulators interpret the current law. What THEY WANNA do is make it easier for federal regulators to hold companies like twitter and facebook liable for unfairly curbing user's speech and they wanNA limit the broad legal protection that federal law currently provides those companies but they're not proposing overhauling the law as it is nor? Do they really have the right to do that? What they are are trying to do is to direct the FCC to undertake a rulemaking process that would clarify the scope of this law. So that's something that that will take months if not years to actually talk about and some experts say that the SEC actually has no legal authority to enforce the law as it is for more on this story head to wsj.com.

twitter trump president facebook executive Rebecca Ball House SEC FCC White House wsj.com Google reporter
"wsj.com" Discussed on WSJ Tech News Briefing

WSJ Tech News Briefing

08:11 min | 5 months ago

"wsj.com" Discussed on WSJ Tech News Briefing

"Here's how in Windows Ten. WanNa go to system notification and actions and turn them off on MAC computers. Click the three lines in the top. Right corner of your screen then swipe down to turn on. Do not disturb. Just don't forget to turn your notifications back on the is over. If you like this work from home tactician please send me suggestions of other ones. You can either email me at Joanna dot stern at wsj.com or leave me a on our brand new work from home hotline. The number is three one four six three five zero three eight eight. Speaking of we got a great one yesterday from Tim in Boston a couple of years ago I was on a conference call was actually presentation for senior executives. The meeting had just started win. Someone's child into the room and as he stood up in Very clearly apparent that he also just had boxers and socks and Alfie bunny slippers on so the key recommendation is be aware of the environment in which you're taking your conference call because crazy things can happen and even if you thought that you were prepared. And it doesn't necessarily mean that others won't remember the situation quite fondly translation wear pants. Everyone wear pants put. Japan's on always a good tip all right coming up next when cities start to shelter in place food delivery companies. Seem like they'd be obvious winners. But our tech reporter Redick Arana will join us to explain why that's not necessarily the case. That's coming up after the break. We see breakthrough medicines getting to patients in record time at Emerson when issues become inspiration. Creating a better world isn't just a result it's a responsibility. Emerson consider it solved. Most.

Emerson Joanna dot Redick Arana wsj.com tech reporter Alfie Tim Japan Boston
"wsj.com" Discussed on WSJ Minute Briefing

WSJ Minute Briefing

01:37 min | 5 months ago

"wsj.com" Discussed on WSJ Minute Briefing

"We see breakthrough medicines getting to patients in record time at Emerson when issues become inspiration. Creating a better world isn't just a result it's a responsibility. Emerson consider it solved. This is the closing bell brief for Wednesday March Eleventh. I'm Charlie Turner for the Wall Street Journal. The Dow Jones industrials eleven year. Bull run has officially ended. The markets plunged again Wednesday continuing a week filled with enormous volatility. The blue chips tumbled a close in a bear market which is defined a fall of at least twenty percent from recent highs. Both the Nasdaq Composite S. and P. Five hundred fell into bear market territory during the session but didn't close there. The Dow fell one thousand. Four hundred sixty four points are five point eight percent to twenty three thousand five fifty three. The Nasdaq fell three hundred ninety. Two points the S&P. Five hundred lost one hundred. Forty Wednesday's massive sell-off was prompted by continued investor anxiety about the spread of the corona virus. The market declines accelerated midday after the World Health Organization declared the new corona virus endemic. And said it is deeply concerned by the spread and severity of the virus and by alarming levels of inaction the Dow was dragged lower by Boeing which fell eighteen percent. The planemaker reported forty six cancel jet orders for February including eleven seven thirty-seven Max planes for air. Canada cruise companies continue to be battered by corona virus fears shares of Norwegian cruise. Lines fell more than twenty six percent for more head to wsj.com or the WSJ APP..

Emerson Wall Street Journal Charlie Turner World Health Organization wsj.com bell Canada Boeing
"wsj.com" Discussed on WSJ What's News

WSJ What's News

01:37 min | 5 months ago

"wsj.com" Discussed on WSJ What's News

"I mean we are expecting to see the pace of hiring slowdown from the prior month but still at a pretty good pace And I think at this point Whatever we see from the jobs report will probably be on the back burner. Just because investors are very fixated on the latest headlines about the current virus. But that being said if we do see a worse-than-expected number it could suggest that the economy even sort of pre corona virus are really starting to spread in the. Us was not in as a good shape as people had thought Wall Street Journal Markets Reporter. County Otani thanks a lot of Connie thanks for having me and finally China is making use of its vast surveillance network to help. Stop the spread of Corona virus that includes using artificial intelligence and big data to track people and flying drones in public places to scold citizens for gathering or forgetting to wear masks or wash their hands. Some say that's going a bit too far sophie. Richardson is the China director with human rights. Watch these new and different uses of technology around. The Corona virus may help resolve some of the public health concerns. But it's also another way for the government to gather large amounts of information about people really effectively without their consent and in some cases without even their knowledge. We have a video showing that surveillance network in action just head to wsj.com forward slash video. And that's what's news for this Thursday afternoon if you like our show please rate and review US wherever you get your podcasts. I'm Charlie Turner for the Wall Street Journal. Thanks for listening..

Us Wall Street Journal China Otani Charlie Turner wsj.com Connie Reporter Richardson director
"wsj.com" Discussed on WSJ What's News

WSJ What's News

03:58 min | 1 year ago

"wsj.com" Discussed on WSJ What's News

"Website at wsj.com and on the W._S._J.. APP The administration has been looking for ways to legally and a question to the census after the U._S. Supreme. Cream court halted its efforts last month Wall Street Journal reporter Brent's Kendall brings us up to speed the court didn't foreclose the administration from asking the citizenship question if they could come up with a viable rationale that they could support any honest and reasoned way A. and so the administration in the last week or two has been trying to come up with a way to do that. They've also been fighting the clock because the government had represented to multiple courts they needed to get the census finalized by July first so we've had several factors actors just moving almost by the hour and again for more on this story head to our website wsj.com or the W._S._J.. APP The Dow Crossed Twenty seven thousand for the first time on Thursday lifted by a rally in the healthcare sector. The Wall All Street Journal's Mike Worst Horn has more the trump administration's decision to abandon a plan to curb drug rebates sent shares of United Health and several other healthcare companies higher on Thursday. Those gains pushed the Dow Jones Industrial Average above twenty any seven thousand first time while that milestone isn't incredibly significant for say the market itself. It's still was a firm reminder to investors that stocks have come a long way from the volatility that played markets at the end of last year that were hitting these new records now while the Dow and the S&P five hundred ended the day with gains. The Nasdaq was slightly down the house. Judiciary Committee voted on Thursday to authorize additional subpoenas to a dozen people connected to president trump including his son-in-law jared Kushner. End Former Attorney General Jeff sessions lawmakers are looking into a range of issues including possible obstruction of justice and the administration's immigration policies. The president has called the investigations unnecessary ended attempt to Redo former special counsel Robert Muller's investigation and Federal Reserve Chairman Jerome Powell wrapped up a second day of testimony on Capitol Hill on Thursday again signaling that the Central Bank could move to cut interest rates. The bottom line is the economy is in is in a very good place. This and we want to use our tools to keep it there. It's very important that this expansion continue as long as possible Powell had said on Wednesday that the nation's economic outlook hasn't improved since the central banks June meeting amid uncertainties including leading trade and weakness in the U._S.. Housing and manufacturing sectors the Fed's next policy meeting is July thirtieth and thirty first here the extraordinary secrets of how to thrive arrive in a disrupted world. The old rules of management are not ready correct anymore so what works making a wise pivot pivot to the future with will I am and Omar Abashed subscribe wherever you get your podcasts. The Amazon is investing seven hundred million dollars to retrain a third of its U._S.. Workforce some one hundred thousand employees by the year twenty twenty-five joining me now in our studio with more details as Wall Street Journal reporter. Chip cutter so chip what's prompting Amazon to take this step now so this is a really tight labor market and Amazon like a number of employers wants to do all it can to help its existing workforce. Take on new roles take on more advanced roles within the company just because because it's really hard to hire right now and we're seeing this in the water market as well right as other companies look to retrain and have their workers be able to step in different roles. We are seeing companies like accenture in J.. P. Morgan Chase others all kind of embarking on different retraining efforts and what's interesting here with with what Amazon is doing is that it's both kind of hourly positions and more advanced one so for example. If you're working to fulfillment center you can get trained to become an I._T.. Support technician helping to fix the machines that are running a lot of the facilities but also if you're a software engineer very much in demand job right now you can get trained.

Wall Street Journal Amazon wsj.com Jerome Powell Fed reporter president accenture Mike Worst Horn Omar Abashed United Health Robert Muller Judiciary Committee jared Kushner technician P. Morgan
Is Social Media Ready For Another Round of Elections?

WSJ Tech News Briefing

06:08 min | 1 year ago

Is Social Media Ready For Another Round of Elections?

"The variety is working with meta viz to help doctors fight cancer. Like, never before using the power of Verizon, five G ultra wideband meta viz will take two dimensional patient, imaging, whether an MRI or cat scan and converted into three dimensional holographic renderings. This will fundamentally change how doctors visualized cancer. This is tech news briefing, im Tanya, boosters reporting from the newsroom in New York, on the heels of the democratic debate, we revisit social media's continuous struggle with election interference is a company like Facebook ready for another round of battling against constant misinformation becomes the question. CEO Mark Zuckerberg talks where it stands amid another impending election cycle. That's after these tech headlines. Apple design chief, Johnny. I've is set to depart ushering in a new era. This comes several years after becoming less involved in the day to day, business and design work at apple. However, the announcement means the removal of Apple's most prominent leader after chief executive Tim cook as he's noted as the person who most embodies, the design wizardry achieved by apple under its late chief, Steve Jobs. Bus dot com which runs a platform for turning unused buses into cash for bus owners raised fifteen million dollars. This is as investors look to buses as the next potential wave of mobility startups, the series, a funding round was led by auto tech, ventures and cycle capital management and the new capital brings the total amount raised to twenty one point five million dollars. Why using bus dot com? People can rent out buses from school buses to traditional coaches by the hour from third party bus owners. Andy food, and Drug administration warns that certain Medtronic insulin pumps have cybersecurity gaps ones that could allow hackers to change the device settings and cause harm to diabetes patients who use them. The FDA says about four thousand patients may have used these mini med five oh, eight and mini med paradigm series pumps, which the company is recalling the pumps are from twenty twelve and earlier and Medtronic says it will replace the pumps for eligible patients. The FDA says Medtronic is unable to adequately update older pumps with any software or patches head to wsJcom. For more information coming up CEO Mark Zuckerberg, says Facebook alone, can't stop election interference, but it's still going to fight against it. With the latest tech. Verizon is working with meta viz to help doctors fight cancer. Like, never before using the power of Verizon, five G ultra wideband meta viz. We'll take two dimensional patient, imaging, whether an MRI or cat scan and converted into three dimensional holographic renderings. This will fundamentally change how doctors visualized cancer. Speaking at the Aspen ideas festival in Colorado Facebook CEO, Mark Zuckerberg addressed the company's efforts to stop election interference, claiming the US government's failure to apply pressure to Russia, following the two thousand sixteen election sent a signal to the world that, quote, we were open for business and quote. So now he says, getting election integrity right remains at the top of Facebook's priority list. There are a number of different strategies that we've taken as a company to prevent state actors like what we've seen Russia do in, in tried to do in the twenty sixteen elections for being able to do that, again, elections around the world including the twentieth eighteen midterms and upcoming the twenty twenty elections, according to Mr. Zuckerberg, there are key tech tools in place. And many of them are working the things that have made the biggest difference are one is building up really sophisticated technical AI system. Uh-huh. And hiring a whole lot of people. We have thirty thousand people at Facebook who work on, on, on content and safety and safety review to be able to find these networks of bad actors to be able to take them off the systems before they have the opportunity to spread propaganda or misinformation or whatever they're spreading. We've gotten much more sophisticated at that. It's an arms race Russia and other folks have also gotten more sophisticated in their tactics every election. We see new tactics, but through a big investment in this, we're able to stay ahead and keep the progress going on that. However, he notes that current tools can only do so much as a private company, we don't have the tools to make the Russian government stop. Or for we can defend is best as we can. But our government is the one that has the tools to apply pressure to Russia. Not not us. Right. So. You know, one of the mistakes that I worry about is after twenty sixteen when, when the government didn't take a any kind of counteraction. The signal that was sent to the world. Was that, okay? We're open for business countries can try to do this stuff. Then our companies will try their best to try to limit it, but fundamentally there isn't going to be a major recourse from the American government. So now Zuckerberg says, Facebook remains engaged in ramping up defenses that it does have the amount that we spend on safety and security, and I was a company, it's billions of dollars a year. It is greater than the whole revenue of our company was when we went public earlier this decade. Right. So we've, we've ramped up massively on the security side. But there's very little that we can do on our own to change the incentives for nation states to act. That's something that, that is a little bit above our pay grade more on the Aspen ideas festival, head to wsJcom that wraps up this edition of tech news briefing from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

Facebook Ceo Mark Zuckerberg Russia Verizon Medtronic Apple New York American Government CEO FDA Tanya Boost Diabetes Tim Cook Steve Jobs Chief Executive Johnny Andy Food Drug Administration Colorado
Li-Fi Makes New Waves in Aerospace Industry

WSJ Tech News Briefing

05:10 min | 1 year ago

Li-Fi Makes New Waves in Aerospace Industry

"The university of Alabama school of law online, choose between an l l m and tax or business transactions for lawyers or jurists master in taxation for non-lawyers. Connect. And learn with live lectures details. Had Bama by distance dot U, A dot EDU. This is tech news briefing, im Tanya, Bustos reporting from the newsroom in New York. Coming up, you've heard of wifi. That's old news. It's all about life. I now much faster than WI fi. It has become one of the biggest innovations in the aerospace industry. Lightning fast internet on aircrafts is about to take off more after these tech headlines. The FBI is looking into whether lab testing startup, you bio used improper billing codes in claims and sought payment for unnecessary tests. You buy ohm had been trying to build a business on testing patients microbiomes the microorganisms in the gut, and other parts of the body based on emerging science that suggests microbes can play a role in health as the Wall Street Journal. Previously reported FBI agents searched the company's San Francisco offices in April step to date with the very latest on the probe and the tech behind it at wsJcom. The CIO journal says information technology executives are pushing to make their systems, more energy efficient developing and tweaking software to cut waste. And now tracking how much energy their operations consume. IT leaders are choosing to play a bigger role in reducing the energy consumption of the hardware, and software as well. A crucial part of this is the companies moved to the public cloud, which of course, cuts down on energy guzzling data centers. Take atlassian Corp Sydney-based maker of online collaboration tools for business. For instance, the company aims to run all of its direct operations primarily buildings on one hundred percent renewable energy, including wind and solar by twenty twenty five and care for one of Europe's largest grocery retailers is unloading most of its operations in China were big box retailers are struggling to keep up with nimble delivery providers the kind that are currently winning over shoppers. The move also marks. The latest retreat by a western company in China in the face of stiff competition from home, grown rivals care for is selling an eighty percent stake in its Chinese business, including more than two hundred stores. This comes at a price tag of about seven hundred million dollars. The French company wants a dominant force in many tiny cities saw its sales in the market fall, five point nine percent last year. This comes as western companies are finding the country, brutally competitive and fraught with regulatory hurdles McDonald's. Hewlett Packard and Uber. Armone those who have pulled back or chain strategy in recent years. Coming up picture this lightning fast internet on aircraft. That uses light to transmit signals have the airspace industry is taking it to the next level with life by the university of Alabama school of law online Jews between an l l m and tax or business transactions for lawyers or jurists master and taxation for non-lawyers. Connect and learn with live lectures detail. At Bama by distance dot UA dot EDU. One of the biggest innovations showcased at the recent Paris air show. The one that still has all the airspace enthusiasts talking is life by French company pardon. My French and I mean this, I'm sorry let's say co year. Claims lie fi is up to one hundred times faster than WI fi. Here's surge Barringer senior VP for research and tech at the company explaining the difference. So the wifi is working with a radio frequency. Where was your life fibroids with, like making life by even more notable? It eliminates the sensitivity to radio frequencies, a frequency was impacting health, Folsom, people addict sensitive fall some others that doesn't work but know not lots of a wifi embedded in the prophets. It will impactful her of people in town and for all the five G hype. Here's where something like five G really comes into. Play for WI fi. It's by cutting the costs of satellite operations, which then makes more of the tech free for airlines and passengers to use for the satellite communication gonna do the across to the rest of the will does have limited bandwidth, but in the coming years to sip all to the five G deployment, launch number of satellites willow to reduce the cost of set. Calm and enable and support the deployment of five G himself countries will be faster than in others, but in a long term, you will have a better and cheaper connection than in these today to from from your cuff to the rest of the will catch up with more of what you may have missed. The Wall Street Journal, has full coverage of the latest in airspace technology. That's it for the tech news briefing from the newsroom in New York. I'm Tanya boosters. Thanks for listening.

WI University Of Alabama School O FBI Bama New York China The Wall Street Journal Barringer Tanya Hewlett Packard Atlassian CIO Paris Europe Bustos Corp Sydney-Based Maker
Are Companies Clear on Cloud Safety?

WSJ Tech News Briefing

06:25 min | 1 year ago

Are Companies Clear on Cloud Safety?

"Here. The extraordinary secrets of how to thrive in disrupted world, the old rules of management are not ready, correct anymore. So what works making a wise, pivot, pivot to the future, will I am Omar Abba, subscribe wherever you get your podcasts. This is tech news briefing, im Tanya, boosters reporting from the newsroom in New York coming up clearing up the cloud, and more specifically, how safe it is a look at how some companies stumble indie face of cybersecurity risks asking the question. How safe is big data in the cloud. And how are companies staying on the ball? That's after these tech headlines. The Trump administration is examining whether to require the next generation five G cellular equipment, be designed and manufactured outside China. The move could reshape global manufacturing and further fan. Tensions between the countries as part of the review US officials are asking telecom equipment manufacturers, whether they can make and develop US bound hardware, which includes cell tower electronics as well as routers and switches, the conversations are in early and informal stages. These executive order calls for a list of proposed rules and regulations by the one hundred and fifty day deadline in October Stu who has more at wsJcom. Some of the biggest restaurant operators are pushing back against fees, charged by delivery companies. The latest journal reporting says McDonald's Applebee's and cousins, submarines are among the chains negotiating to pay lower commissions and asking their delivery partners to spend more on marketing, and promotional discounts is comes at the right time. According to a recent analysis of credit card data delivery companies are plowing money into their businesses and intensifying the competition since two thousand seventeen for example, grub hubs market share has roughly have while door dash and Uber. Eats have gained businesses. And French, 'electronic aerospace company, Thales is exploring new artificial intelligence tools warns that will eventually separate, and keep track of unmanned aircraft at low altitudes. The journal says the company is convinced such tech offers the best chance to cope with the antiquated growth in commercially operated. Drones, here's the story, existing radars and human traffic, controllers simply won't be able to handle the crush of data and only a applications are likely to have the capacity to react quickly enough to maintain a safe, buffer around individual drones. The trend was evident during the Paris air show last week with several companies disclosing new ideas for opening up additional airspace, for unmanned aircraft coming up putting data into the cloud can make it more secure. But look at how major companies are handling things and whether they're making the right moves to keep the cloud and your data safe. Capital. One knows life doesn't alert you about your credit card. That's why they've created Iino the Capital One assistant that catches things that might lef- wrong with your credit card, you know catches over tipping, duplicate, charges, or potential fraud. And then sends an alert sheer phone and helps you fix it. It's another way capital. One is watching out for your money when we're not Capital One. What's in your wallet? See Capital, One dot com for details. Across every industry. The topic of cyber security continues to dominate the boardroom conversation. That was never more clear than at WSJ pros. Recent cyber security executive forum in London. Theresa Walsh, global, head of intelligence at FSI a c has more. I think a lot of people look at the cloud and think that there's a lot of hackers always going after it. And that's the main cause of concern. However, if you look at a lot of the different issues that people have had over the past few years, it's usually down to human error, and a Miskin figuration a misunderstanding of, maybe what they were dealing with and really work consortium of, of members of, of regulated financial institutions. So they're trying to share formation about how to do this. The lessons learned learning from each other's mistakes, whenever you do see something like this, like a miss. Ration- of, of an AWS S three bucket or something like that. Leave Ruben is council at Pillsbury Winthrop shop Pittman he spoke of how security and the cloud, ultimately become a complicated search, for clarity. The, the wis seeing now between providers if a customer set up that idea AWS instance themselves, something goes wrong. Then the cloud provided content around. So we'll this was your wherever you'll customer ever. You'll use eras Renault responsible, but whether the lawns get muc. Yeah, is with as amendment of collaboration and it might be it's not clear in the contract ultimately who's responsible for what with new European regulations on privacy and network security coming into force? It's a critical time to benchmark company practices. There is more of an expectation. Now from customers say will we need some help you'll the expert. But go the cloud provider. You'll the expert this, you'll technology you need to educate us in good us through this. So if we do something wrong, we don't expect us the private tournaments. I will. That's not all out. That's you will folk moving expectation now from customers saying, well, we, we won't and education training piece around that and really guide it through. So whether that's the providers themselves take on themselves and say, well, his some protocols that we get. For what in this, and we're going to comply with these, we'll get them all for you, try. We're gonna give you a help blowing service that you can just pick up and an all these sort of collaborative polish elements that we see which the provide is all starting to, to play Alton because they realized that it's a competitive marketplace. I've customers not getting the service that I won't that just going to switch, and go elsewhere for more on WSJ pros cyber-security executive forum head to wsJcom that's it for the tech news briefing from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

Cloud Executive Capital One New York WSJ Omar Abba United States Tanya Boost China Alton Theresa Walsh Paris Fraud Mcdonald Thales Renault
Can Cybersecurity Take on Facial Recognition Risks?

WSJ Tech News Briefing

05:58 min | 1 year ago

Can Cybersecurity Take on Facial Recognition Risks?

"The university of Alabama school of law online, choose between an l l m and tax or business transactions for lawyers or jurists master in taxation for non-lawyers. Connect. And learn with live lectures details. Had Bama by distance dot U, A dot EDU. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. Coming up trade dispute aside, when it comes to the biggest emerging Tech Trends, we're does the US stand against China from digital payments to facial recognition tech where the race has settled as of late and how cyber safe is this race. Anyway, that's after these tech headlines. Speaking of China's Weiwei technologies is delaying the release of its much hyped foldable smartphone. It is delayed until September from previously announced launch date of June at the journals Delyth tech conference in Hong Kong last week, Vincent Pang. It senior vice president said the move follows Samsung's decision to delay the late April launch of its galaxy fold after the device reviewers discovered problems with its foldable screen while way continues to remain in testing mode with Mr. Pang adding that the company is moving to release the device, quote as early as we can and quote. Lyrics site. Genius media group accuses Google of lifting its content. Here's the story genius says Google made a subtle change to some of the songs on its website, alternating the lyrics apostrophes between straight apostrophes and curly single, quote marks there is a difference, that's according to genius. Google denies wrongdoing. The complaints come amid mounting concerns over the business practices of Google and other tech giants, the Wall Street Journal recently reported that the Justice department is gearing up for a new anti-trust probe into the search company. And you reporting shows that car companies are stepping up efforts to tackle distracted driving from installing cameras to new monitoring tech that detects wanna driver's attention. Wanders from the road case in point, Volvo will start using new I tracking devices across his light up over the next few years in a system that would send an alert when a driver's eyes or verdict for too long Subaru, for its part installed a similar driver monitoring system and its forced or crossover last year. And BMW also is introduced trackers in a limited number of models, combating distracted driving has long been frustrating challenge for car companies regulators and law enforcement. And according to the journal, safety and insurance groups say distraction related deaths are likely much higher because many drivers are reluctant to admit to mobile use. After an accident coming up checking in on where the US ranks among some of the biggest global Tech Trends on the horizon, and how safe we are among them the university of Alabama school of law online choose between. An l l m in tax or business transactions for lawyers or jurists master and taxation for non-lawyers. Connect and learn with live, lectures, details at Bama by distance dot A dot EDU. Checking in on some of the biggest global Tech Trends while concepts like facial recognition check and digital finance continued to face much pushback in the US, some of the world's biggest tech companies are telling a slightly different story. Fresh off the stage at WSJ's de live conference in Hong Kong. The CEO of online travel company, booking Glenn Fogel, says China in particular, is using facial recognition to increase efficiency noting. The country is a head of the US in digital payments, and fischel recognition, nobody Lee, you is thinking all Ali pay, or we chat with that, but people live on that in China. And one of the biggest things are some of the technology differences. So, for example, things being really, picked up fast in, in China in general facial recognition in China, where they're using it to make it more efficient to get through an airport or any type of security thing. And this became more efficient, d she spans beyond China. And as we creep into the world. Of digital regulation. New such tech is beginning to cause headaches for companies who have customers worldwide different parts of the world, different legal jurisdictions that are coming up with different rules, Judea GDP are in Europe. You got this California law and all sorts of different things coming up in the questions. Sometimes I conflict in the makes it really hard for a global player, especially when you have customers who are going all these different jurisdictions, which one applies. How do you do it? How do you match that up? That's costly. It'd be lovely if there was sort of one Google regulation privacy, we've got a little follow that, and where do you store, the data incredibly complex issues. We got a lot of people working on it again, from my point of view of the CEO. I just make sure that it'd be understands all of our employees understands. How important it is to make sure we do. What is right? Which is maintaining the privacy for our customers because he had don't do that. You lose that trust. And you lose that trust you lose the consumer that's on. We don't want to have happened leads us to the very important question of cybersecurity at WSJ's recent CFO network annual meeting in wash. Washington. We learn how CFO's grapple to figure out how much cyber security spending is enough. Judith Pinto, managing director at promontory financial has more on where the business of cybersecurity goes from here encryption is going to need to change an understanding sort of the impacts with what you have is really critical, the risk, we have with a lot of these technologies that are very powerful. Whether it's quantum computing or AI machine learning is the bad actors have access to the same tools and oftentimes are very well funded and trained in how best use these we're seeing a lot of firms trying to the game because the impact could be huge for more on what the biggest tech leaders have to say on the matter, head to wsJcom that does it for the tech news briefing from the newsroom in New York, I'm Tanya boost dose. Thanks for listening.

Google China United States Wall Street Journal University Of Alabama School O Bama Hong Kong New York Vincent Pang CEO CFO Volvo Europe Samsung California BMW Senior Vice President Subaru Weiwei Technologies
CES Asia 2019: Next-Generation Cars, Smart Homes, 5G

WSJ Tech News Briefing

06:42 min | 1 year ago

CES Asia 2019: Next-Generation Cars, Smart Homes, 5G

"The variety is working with meta viz to help doctors fight cancer. Like, never before using the power of Verizon, five G ultra wideband meta viz will take two dimensional patient, imaging, whether an MRI or cat scan and converted into three dimensional holographic renderings. This will fundamentally change how doctors visualized cancer. This is tech news briefing, im Tanya, Bustos reporting from the newsroom in New York coming up a check in from CAS Asia in Shanghai, what one of the world's largest consumer technology shows has to tell us about the future of the US China trade dispute cars, five, G, your security, and how it all ties together, that's after these tech headlines. Broadcom said it would make two billion dollars less in annual sales than expected following the US ban on exports to Chinese telecom giant hallway, it becomes one of the first big chipmakers to quantify the financial impact of the Trump administration's escalating trade dispute few US chip companies who ship components to alway have reported financial results since the Commerce Department placed the Chinese company on the so-called entity list last month the one that bars businesses from supplying US technology to while away without a license. The situation has left the economic effects of the move, and brought her trade tensions difficult to ascertain a sufficient covers it all at wsJcom. Facebook has signed up more than a dozen companies including visa MasterCard pay pal and Uber to back, a new cryptocurrency plans to unveil next week and launch next year. The financial and e commerce companies venture capitalists and telecommunications firms will invest around ten million dollars each in a consortium, that will govern the digital coin called libra the Wall Street Journal reported last month that Facebook was recruiting backers to help start the crypto based payment system and was seeking to raise as much as around one billion dollars for the effort and as the streaming wars continue to heat up Morgan Stanley has something to say the firm says it sees Disney's upcoming Disney plus streaming service ramping faster than net flicks because apparently the over the top market is more developed today than it was twelve or thirteen years ago. Also, according to the firm, Disney brings known brands and intellectual property to the marketplace, adding that it also believes Disney, plus. Can be as efficient as Netflix in content as well as marketing spend this is all despite operating on a smaller scale since it already incurs significant marketing costs on its brands coming up a check in from CAS Asia for a look into the technological future. Verizon is working with meta viz to help doctors fight cancer. Like, never before using the power of Verizon, five G ultra wideband meta viz. We'll take two dimensional patient, imaging, whether an MRI or cat scan and converted into three dimensional holographic renderings. This will fundamentally change how doctors visualized cancer. At the Consumer Electronics Show in Asia Shanghai hosted more than five hundred fifty exhibitors, who were on hand for a merging of the tech minds opening the Consumer Electronics Show was Gary Shapiro president and CEO of the consumer Technology Association. He said it is the only event on the continent. That brings the entire consumer tech ecosystem together to better our future tall order one big issue that came up the future of five G networks, and one of the most popular booths at CAS Asia was wall weighs it all came together as the world's top network equipment. Provider comes under fire, US officials have accused Chinese technology companies including wal way of threatening international cybersecurity. And at the event, we learned while ways AI strategy. Karen ship hookah, executive vice president of C, T A says the answer lies in five G tech. You know, I think everybody will figure out a way to make. G happened because it's important. And while there may be some conversations and things happening around terrorists right now, you know, my guess is that this technology is going to be something that's going to be ruled out, and everybody will figure out how they get it to market because it's just too important not to, and we haven't even seen the impacts that will make. And that's not uncommon with new technologies. Is it takes awhile for both the industries to figure out how to work together and bring him to market and then for consumers to understand how they can be market, and how they can be valuable fighting for right says the other big topic of discussion at CAS Asia cars, we learned that new sensors and radars make the case for the future of riding in cars, take carmaker Audi. It showed off a new tech developed by hollow ride the start up at founded, and it CEO knows Walney explains. How car rides are about to change very important aspect. When it comes to vehicles, many people do feel uncomfortable when consuming visual media, and a car. Because they actually get motion sick. So there are statistics out there that more than twenty five percent of the people can't stand watching visual content while on the go. This is due to the fact that what they see in what they feel is not matching. So we tackle these problems by combining or merging three core technologies. So I'm not on the one hand. So the connected vehicle. So what we do. Use is the real time data from the call like location, acceleration, braking, steering, and so on, and we combine this intelligently and in real time with virtual environment. So extended reality technology. And when VR comes into play things start to get really interesting with being in a car driving the cars, I'm on drives the car. You're sitting on the back seat. You see over tial. Experience it becomes way more immersive. Secondly by combining VR environments with navigational inflammation, it becomes tailored to your route. So for the first time actually the content adapt to your travel time. That's why we call. It also less content and last, but not least because of the synchronization of the visual content with the movement of the car with almost no latency people. Get less nauseous, and it was just a sampling. For all the latest tech driving us into the future. Sorry, checkout more from Asia. That's it for the tech news briefing from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

Cas Asia United States Verizon Disney Tanya Boost New York Facebook Broadcom Asia Shanghai Commerce Department President And Ceo Netflix Wall Street Journal Asia Shanghai Trump Administration Consumer Technology Associatio Executive Vice President
Amazon's re:MARS: The Robots Changing the Future

WSJ Tech News Briefing

05:17 min | 1 year ago

Amazon's re:MARS: The Robots Changing the Future

"Taste your way through Napa Valley, California with WSJ magazine and into Gari book this exclusive trip at Indy. Gari dot com slash WSJ magazine or call six four six seven eight zero eight three eight three. This is tech news briefing, im Tanya, boosters reporting from the newsroom in New York, coming up, we're going to re Mars, not to the planet again, at is an event hosted by Amazon CEO Jeff Bezos that brought together the leading minds to advance a golden age of innovation recapping. I look at the robots changing the future after these tech headlines. The journal reports that new while way phones will not come with Facebook, Instagram or what's app Facebook, which owns popular apps including Instagram. And what's up is one of the many software makers whose apps come pre installed with wa phones Facebook is the latest company to restrict access to its products following the US blacklisting of the Chinese tech giant, follow dance. Trump's coverage for more at the journal at wsJcom apples plan to allow anonymous sign ins on mobile apps to protect users privacy is threatening to choke off data to companies including Facebook, and Google as both use the information to track users and sell ads based on their habits. When apple releases its new mobile operating system. This fall apps download it through Apple's app store. We'll have another alternative clicking on an apple icon to generate a random Email address this allows users to participate without revealing any personal information, apple notes that it will not use the new sign in future to profile users or their. Vity Norwood, it, log or keep a record of signing information. AT and T is discussing plans to package. H B O sister channel Cinemax and its vast Warner Brothers TV and movie library into a streaming service, costing between sixteen and seventeen dollars a month. The strategy is aimed at keeping the media giant competitive against lower priced offerings in a crowded crowded field. The new streaming service, which debuts in beta form later this year, essentially includes all of Warner, media's entertainment offerings and will stream its own new original content. According to the latest research, people who abandoned traditional cable TV packages said they're willing to pay for about six different services, which end up costing about thirty eight dollars a month. Coming up through Amazon's tinted glasses, a first glimpse into our robotic future. Capital. One knows life doesn't alert you about your credit card. That's why they've created Iino the Capital One assistant that catches things that might look wrong with your credit card, you know catches over tipping, duplicate, charges, or potential fraud. And then sends an alert sheer phone and helps you fix it. It's another way capital. One is watching after your money when we're not Capital One. What's in your wallet? See Capital, One dot com for details. The Amazon remorse conference took place in Las Vegas last week where you would find robotic arms holding TV monitors greeting attendees. There were also spider robots that grabbed plates of food, and if anyone needed a beer delivered there's a robot for that, as well, the Amazon AI conference was, but a glimpse into our robotic future. David limp, Amazon, senior vice president explains the meaning of the event title conferences, re Mars Mars stands for machine. Learning automation robotics and space. And we really think that these are four Willie exciting domains of science that are moving forward really fast. And we wanted to put together a conference that brought the best and brightest around those areas together to see if they could inspire each other. Some of the more notable emerging tech uses haptic gloves, and rich Walker of the shadow robot company was on hand to discuss the. I ever tactile telly robot. We go to pair of robo Hans with fingertips with the sensitive to the human control gloves with feedbacks touch things. We're doing this over a distance of mere inches, but you could run this over the false side of the whoa, you could put the robot and a juris place to do a job. You didn't want to do and rounding out the who's who of the event was perhaps, one of the pioneers of robotics in our homes. I robot famous for launching the robot vacuum cleaner over twenty years ago. The company showed off new floor, mopping and lawn mowing robots Colin angle, I robot CEO, and co founder talks more on the future of home robotics, we're here as part of the election. I robots smart home to show vision of what this is going to be. How do you make a home that sort of understands itself, and just kind of does the right thing as you live your life? And you know if you're cooking and make a mess. Say alexa. I robot back in the kitchen and, and it does the right thing that is it for this edition of tech news briefing for more podcast head to wsJcom slash podcast for the Wall Street Journal reporting from the newsroom in New York, I'm Tanya boosters. Thanks for listening.

Capital One Amazon Apple Facebook Wall Street Journal New York CEO Instagram Jeff Bezos Gari Napa Valley Warner AT California Alexa Vity Norwood Cinemax United States
JPMorgan Kills New App Service for Young People

WSJ Tech News Briefing

06:29 min | 1 year ago

JPMorgan Kills New App Service for Young People

"Explore Napa Valley, California with WSJ magazine and into Garay. Join WSJ magazine on intimate. Winery visits with globally, acclaimed winemakers and celebrated shafts enjoy stunning views, Michelin starred, restaurants, private sellers, and much more book the exclusive trip at Indy. Gory dot com slash WSJ magazine or call six four six seven eight zero eight three eight three. This is tech news briefing, im Tanya, Bustos reporting from the newsroom in New York, and J, P Morgan, scraps its new app service for young people just one year after making the app available nationwide the details after these Tyke headlines. Spotify lands in agreement with President Barack Obama and Michelle Obama's production company in which higher ground will produce podcast exclusive to the streaming service partnership comes after Spotify recently acquired a trio of podcasting companies for around four hundred million dollars part of a plan to spend as much as five hundred billion dollars. Total on such deals this year, and the journal says Spotify continues to expand into podcasting as an effort to keep users more engaged also where the company is seeking to differentiate from other services with exclusive content. China's granting five d licenses for commercial use to its biggest wireless carriers opening the next phase in the race to dominate the next generation of mobile tech. The ministry of industry and information technology said the country's three state owned carriers would receive licenses as would cable network giant China broadcasting network, now with the roll out of five G the global cellular equipment market is expected to grow two percent. Annually reaching one hundred sixty billion dollars by twenty twenty three. Google has made a long awaited acquisition to bolster its cloud computing business, a booming industry where it has lagged behind rivals. It is acquiring looker a business intelligence software, and big data. Analytics platform for two point six billion dollars in cash. The two companies were well acquainted alphabet earlier invested in looker through its venture capital, arm capital, g the journal says the move indicates Google will continue to pour resources into its Google cloud division, as it remains far behind rivals, like Amazon, and Microsoft, and cloud computing. The deal is expected to be completed later this year, pending regulatory approval coming up J, P Morgan kills an experiment to attract younger customers, what it means for new digital banking. Initiatives familia in those ambience. Earlier. Swift the inadequacy. Evo ski must sent this. Interim this guberntorable scheduling door in good. Get message gunman women this Lisa. What is that little sister dossier laptop zeal? J P Morgan began informing clients Thursday that it had shutting down banking brand thin. Fins closure is a quick about face for a product J P Morgan hoped would help lure in some new younger customers. Let's get more joining us in the podcast studio. Wall Street Journal reporter, David Benoit welcome back. Thanks forever. Of course. So I for those of us who didn't try it out. Can't now ask your date. I guess if you could I walk us through what Finn was because it was a bit of a digital hybrid. Right. Sure. So, so Finn would have been an online only Bank, so it would have been you, you download the app, and you go start in account in sort of like their various other options out there, right where you can transfer money in and out in get it only online really odd had some cool tools within about saving and some suggestions on, on how to use your money and budget. And then the, the extra the hybrid part here for for Finn was will you could also actually physically go to an ATM you go to a chase teller for some things and you could withdraw. In deposit money. And that's that was the big thing, you, there's a place where you could. You know if someone paid you in cash, or in check, which I think most people don't get millennials get cash. You could actually deposit it at an ATM and how it go into your county. That's a hard thing to do. Right. I guess it speaks to this shift, that's happening, obviously, especially younger people, they don't really finance the way the structure has been in place. So do we take this about face as big banks, having trouble circumnavigating this new space? I think everyone sort of experimenting a little bit in, in sort of testing things out. If Morgan certainly throws a lot of money around in technology in general, and I think he's willing to sort of drop things not work out the way they thought Jeep Morgan seems to have learned some things from, from their interactions with with Finn customers about and they've at the same time been improving their standard chase mobile app and expanding their branch network. And they just felt like we don't need this other. Brand over here. It doesn't mean they're going to stop trying to get millennials on their app in and you can actually now open up chase account, whether or not you have a branch near you. So there are other other ways they sort of trying to do it mentioned, how they're sort of a big player in this space. And there is such a aggressive spending on this kind of tech, our rivals faring as they try to restructure their whole being as well. Yes. So chases like one of the largest deposit banks in the country, they're second, most branches and deposits. So they're a massive organization. They touch him one into households what they talk about. Which is why they're allowed to sort of try this thing out, and then kind of quickly folded back into perspective. There are lots of other things Goldman Sachs's trotted out this Marcus checking and savings account, which is the difference between it and Finn was, we'll one didn't have that physical location. We talked about, right? But to Marcus and Goldman are paying you an awful lot of interest right now. So your money is making money for you. And that is a huge draw in his doing pretty well. We think with millennials. There are other options from places like acorns, which is, you know, building up trading in, in other ways investing, they're adding checking accounts on top of it. Everyone sort of trying to get at young people in how they use money and deposits in deposits is the key here for all the banks because they take your deposits, turn them into loans, which is where they make profit. I think that's a good note to end on David, thanks so much for the time. Thanks for having me. For more on the digital banking app world, you can head to wsJcom and followed David Benowitz coverage. That's it for the tech news briefing from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

WSJ J P Morgan Finn Spotify Jeep Morgan Google Tanya Boost New York China Barack Obama California Napa Valley Michelle Obama Twenty Twenty Garay Goldman Sachs Marcus David Benowitz
Apple WWDC 2019: A Recap

WSJ Tech News Briefing

05:01 min | 1 year ago

Apple WWDC 2019: A Recap

"The. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. Coming up apple WW DC, twenty nineteen a look at the annual apple developer conference breaking down. I O S thirteen dark mode, ipad, IOS the MAC pro. And how will all keep a better I on your privacy. That's after these tech headlines. Let's stick with the topic developers have sued apple over the costs associated with selling apps on the company's apps store accusing the tech business of monopolizing app distribution, the lawsuit, which was filed in California on Tuesday says the company has charged bell peppers, a commission of thirty percent for nearly eleven years on selling apps and products within the apps. An apple spokesman said the company doesn't comment on lawsuits and directed. The Wall Street Journal to information about its apps store on its website. So misfires happen square can attest to this the digital agency forwarded receipts documenting transactions as mundane as a Cup of coffee as sensitive, as an obstetrician visit to people who are involved in the purchases hoarding to emails reviewed by the Wall Street Journal in some cases, near the purchaser, nor the recipient could say, why square sent receipts to the people at did at issue are the methods that tech companies employ to make money off of the financial data of their users as well as the degree to which those companies disclose or get consent from their users about those efforts read more about how data on individuals credit card transactions can be particularly delicate and what you can do to stay safe at wsJcom and after saying that it would start banning writers in the US and Canada with significantly below average ratings. Uber faces heat from angry users taking to Twitter to pan the new initiative. Many calling the move a good way to kill business. Many users reported receiving low ratings based on. Factors outside their control. No stranger of controversy. The Wall Street. Journal's Laura Forman has more on the blowback and what Uber is doing to solve a new problem on its hands head to wsJcom, or the WSJ app for more coming up Apple's worldwide developers conference is Irap the new changes you can expect on the horizon. Capital. One knows life doesn't alert you about your credit card. That's why they've created Iino the Capital One assistant that catches things that might look Frong with your credit card, you know catches over tipping, duplicate, charges, or potential fraud. And then sends an alert sheer phone and helps you fix it. It's another way capital. One is watching after your money when we're not Capital One. What's in your wallet? See Capital, One dot com for details. Apple held its annual worldwide developers conference in San Jose. This week were talked all kinds of new changes including an IS thirteen with a dark mode. Mac IOS Catalina and continued ongoing attempts to address user, your concern, about personal data here. CEO Tim cook. We'd be privacy's fundamental human, right? And engineer into everything we do this year were doing even more. We will soon have signing with apple Shay's personal tech columnist Joanna stern was on the scene to explain how it works to protect your privacy, instead of signing with data hungry, Google or Facebook apples, working without maker. So you can log in with a more, discreet service. It even has a way to block companies from getting access to your Email address. The obsta will be built right into the new watch software. So you can install apps without a phone near by you'll be able to search for apps via Siri or the keyboard is well, apple also says that IRS thirteen will open apps faster and features a new version of the face idea system. Which will unlock your phone thirty percent faster moving on. Let's talk. I pads there's now an operating system just for the ipad called ipad s the Wall Street Journal's David Pierce was also on scene at San Jose to explain I futures a new home screen with more apps on each page, and our new today view so that you can actually see wits right on the main screen. It also has a long awaited file manager, plus support for USB drives and desktop mode for safari. And then there is the MAC pro first, here's the obligatory setup and applause. New knock pro. Using a brand new Intel's EON processor. It has up to three hundred watts of power allowing users to participate in things like production, rendering playing back virtual instruments, and simulating IOS apps on multiple devices at once the cost Amir six thousand dollars. Those are the biggest highlights for many more recaps videos and beyond had a wsJcom also take a listen this week to the journals instant message podcast were personal tech columnist will dive into it all that does it for the tech news briefing reporting from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

Apple Capital One The Wall Street Journal New York Wsjcom San Jose Tanya Boost Twitter Intel Developer Tim Cook California United States CEO Fraud Amir Engineer
Next Generation Network Makes First 5G Laptop

WSJ Tech News Briefing

05:50 min | 1 year ago

Next Generation Network Makes First 5G Laptop

"Join the Wall Street Journal may twentieth through the twenty third in New York City for the future of everything festival here from over seventy five renounce speakers, and visionaries touch taste and interact with the products that are redefining tomorrow. To learn more buy tickets, visit our website at F O E festival dot Debbie s j dot com. Twenty percent off with code podcast. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. This summer, the PC hype lands in the capital of Taiwan where computrac twenty nineteen showcased, all the rage in laptops, gaming gear components and beyond, and possibly the most notable at least as far as hype goes is what is said to be the world's first five G laptop details after these tech headlines. The Justice department is preparing to launch a fresh antitrust probe into Google, and as the Wall Street Journal has reported throughout the weekend. The most common complaint against Google is that it uses it search engine for the benefit of its own content and at the expense of its competitors. The journal says Google is prepared to argue with data showing they hold far from an optimistic pricing power. In the meantime, Google voluntarily agreed to change some of its behavior in the wake of the probe as of Monday. The company opens trading valued at more than seven hundred seventy six billion dollars. Amazon Alibaba and other online retailers are competing. More fiercely to gain, a foothold in the Arab world during this year's Ramadan. Islam's holy month of fasting and gift-giving online sales in the Middle East, and Africa have doubled so far during the holiday this year. That's one compared with the similar timeframe two months prior the Ramadan sales indicate how big online retailers or trying to move on to the Middle East, where many people are underage thirty and tech savvy, but still do most of their shopping and brick and mortar retail online retail sales in the Middle East surpassed eighty billion dollars for the first time in twenty eighteen as the mid east market is growing faster than any other with plenty of scope to keep expanding. And late last week, tesla promise to start levering model three sedan built in its new Shanghai planned within six to ten months. It also priced them. Well below the imported version, this is as the electric vehicle maker racist to capitalize on booming Chinese demand. Tesla says prices for the locally built model three will start from about forty seven thousand five hundred dollars for the standard range, plus version, according to a post on Tesla's social media account initial orders are being taken for the local model three with the first Shanghai built cars scheduled for delivery, late this year or early next year and according to industry analysts getting China. Right. Is pivotal for tesla who share price has happened in the past six months amid doubts about its ability to ramp up deliveries in the US coming up a look at what claims to be the world's first five G laptop? What new inroads for things like could activity and battery life due to revolutionize how. We interact. Capital. One knows life doesn't alert you about your credit card. That's why they've created Iino the Capital One assistant that catches things that might look wrong with your credit card know catches over tipping, duplicate, charges, or potential fraud. And then sends an alert sheer phone and helps you fix it. It's another way capital. One is watching out for your money when we're not Capital One. What's in your wallet? See Capital, One dot com for details. Among the new tag at computrac Taipei twenty nineteen is quite possibly the very first ever five G, laptop. And at the annual summer event. Alex catalyse in a senior vice president at Qualcomm explains the advantages of this new tech first magin your computer being very, very light. No fans very. Good form factors. Gigabit lt. Multi-cubit. Lt connected to start with then five G connectivity to follow, and then you have great performance and you have very long battery life. So now you can cut your cords and be free anywhere. You are you can do your work anywhere. You are you can do your work, your battery life will last multiple days. Eight five GPC device was unveiled by Qualcomm and Lenovo. And here's how a five G laptop will aim to take us to that much hyped next level, you have situations where you could do video conferencing face recognition. If you don't remember someone's name being able to do real time translation, be able to edit and send files upload big files, download big files and in a fast timeframe so that all is gonna start changing the user experience. And then there are levels, we haven't even thought about yet Dominic wire VP of Qualcomm, global product marketing explains. Some things are gonna be brand new, for example, when four G launched to the world ridesharing didn't exist. But because of four g because of the fast data speeds, and because of the location, based services, ridesharing services, like Uber, indeedy, and all those services, blossomed under the four G world, where expectancy the same type of innovation happening five G. We just don't know what it is yet. Computrac Taipei twenty nineteen the annual tech show in Taiwan covered all things, laptops, gaming gear components and beyond for all things five, G, N beyond headed wsJcom that does it for the tech news briefing reporting from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

Tesla Google Taiwan Qualcomm Wall Street Journal Middle East New York Taipei Capital One New York City Tanya Boost Shanghai Africa Amazon Justice Department United States Alibaba
Investors Hit the Brakes on Tesla Enthusiasm

WSJ Tech News Briefing

06:04 min | 1 year ago

Investors Hit the Brakes on Tesla Enthusiasm

"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud an AI to their unique business challenges. Deloitte got com slash look. Again. This is tech news briefing. Im Tanya boost, does reporting from the newsroom in New York, and Tesla's CEO Elon Musk said twenty nineteen would bring an affordable electric, car built in a new China factory, bringing us all one step closer to a mainstream model three electric vehicle, but our investors finally hitting the brakes on such enthusiasm. Sorry, where Tesla's stands so far this year and where it's going after these tech headlines. A new player is about to enter the crowded US wireless market. It will pitch monthly unlimited data that costs half as much as rivals skeptical. Okay, fine. There is a catch. It is eight cable TV company out. Tease USA is ready to launch a mobile service. It's likely to cost between twenty and thirty dollars a phone and this summer. It will join Comcast and charter communications in trying to undercut wireless carriers since cord cutting shows, no signs of stopping anytime, soon, the new service likely to be called out tease mobile will run on Sprint's mobile network, and relies on customers in home wifi and the company's network of hot spots throughout urban markets. The company plans to test the service with its employees in the coming weeks. The Wall Street Journal's Sarah Crouse has more at wsJcom WalMart is hiring a former executive from Amazon and alphabets Google to lead global technology. This creates a new senior role as the world's biggest. Retailer ramps up its efforts to take on Amazon Suresh Kumar will become WalMart's global chief tech officer and chief development officer starting in July. This comes as WalMart becomes an increasingly tech focused company with big efforts in buying up ecommerce startups investing heavily to boost online sales adding more grocery delivery, options, and working to ramp up its digital ad revenue. And if you're an Uber driver looking for extra cash, how about house flipping because real estate firms are now recruiting drivers to help them find derelict properties to buy and sell fast, one option Corey company that hires drivers to identify houses on the roots that the real estate firm can buy and quickly sell for a profit drivers compensation varies by firm from a sales commission to a fee for each productive lead. The Atlanta-based Corey pays drivers up to fifteen hundred dollars peripheral that leads to a purchase and the journal says this new union between temporary workers like ride hailing drivers and property spec. Relation isn't as improbable as it might seem as the institutionalization of how slipping has grown. So has the industry's demand for cheap labor to help it expand even further. Coming up Tesla's, that's high stakes to bring the masses, the first affordable electric car. Our investors still with the program and what the rest of twenty nine thousand nine has in store. Blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte, we help clients harnessed these powerful technologies to improve business and the world Deloitte dot com slash look. Again. Twenty nineteen was poised to be a big year for electric car maker, tesla CEO Elon Musk said the year would bring an affordable electric car built in a new factory in China among other things the future looked bright, the Wall Street. Journal's Tim Higgins explains. He long must the see you thought that twenty nineteen was going to be a banner year for the company on the back of the model three this compact car, that's supposed to remake tusla's a more mainstream automaker with this vision of bringing electrification the electric vehicle to the masses. But then came a dose of reality in the form of de first quarter sales of tesla vehicles plummeted compared to the fourth quarter, and then we saw really a push by tesla to lower the prices of its vehicles and a really dramatic way a multiple occasions which raised the question is there demand for the model three at the previous expectations it has tesla reached the, the ceiling of people willing to spend a lot of? Money for a small car, and that's the question. It's, it's really hanging over Testa as we look ahead to this year. We seen Tesla's shares drop below the two hundred dollar Mark really underscoring the uncertainty in the investors mind about where this company is going, and as is the case with most things. China is a huge symbol of growth in a huge symbol of challenge hassles results for the past year, so China being at second largest market behind the US. This is where a lot of the growth has been coming the challenges is that because tesla makes its vehicles and California, and ships them to China, those vehicles are more expensive because of tariffs. The company has said they expect to deliver between three hundred and sixty thousand and four hundred thousand vehicles this year likely, meaning that they would build many more and the model three is aimed at a more mainstream buyer, they believe they need a factory on the ground to make those vehicles for the customers that they want to sell them to. If you think you've seen this movie before you're probably right. But ultimately, no one is counting. Tesla out just yet least of all tesla it has come close to the end many times and yet you on musk has been able to figure out how to pull it out oftentimes of the last minute, and that's part of the charm of the company, but it's also part of the reason why you see a growing chorus of people who are betting against the company because they questioned whether the company can continue to have those close calls, Wall Street Journal reporter, Tim Higgins, covers all things. Tesla wsJcom wrapping up the tech news briefing for now. I'm Tanya boost does reporting from the newsroom in New York. Thanks for listening.

Tesla China Deloitte Elon Musk New York Tim Higgins The Wall Street Journal Walmart United States CEO USA Corey Company Amazon Comcast Corey Suresh Kumar
Tech's Next Hit Remains Unclear For Investors

WSJ Tech News Briefing

06:10 min | 1 year ago

Tech's Next Hit Remains Unclear For Investors

"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud an AI to their unique business challenges. Deloitte got com slash look. Again. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. And if you're wondering what the next wave of tech has to offer it turns out, it's complicated journal CEO council aims to find out. That's after these tech headlines. After years of steady growth auto sales in the US Europe and China are slowing denting earnings across the sector and prompting more car manufacturers to find partners to share the costs of developing new models. And of course, investing in new technologies enter Fiat Chrysler, which has just proposed a roughly forty billion dollar merger with French rival Renault, a deal that if completed would completely third largest automaker by production, carmakers are also under pressure amid a shift towards car-sharing rather than car owning. It's also grappling with more stringent emission standards. And the need to invest hundreds of billions of dollars on developing the tech needed for electric cars and autonomous driving. Fiat Chrysler said its proposal came after an initial period of discussions with an adult to identify products and markets to collaborate on electric vehicles self driving cars and in-car. Connectability. So what's next for the global space race half a century after the US landed on the moon? A new space race is gathering pace and China has particularly ambitious plans in wants to build a manned lunar base within the next decade and start mining for energy resources the journal notes. How other governments have big plans to in the US, NASA recently unveiled plans to return to the moon, and it requested a one point six billion dollar budget increase for twenty twenty to pull it off. President Trump also has proposed a space force, which is a military branch dedicated to space. Read more on the global space race from science writer Lee hosts wsJcom. The journal makes the case that Wall Street isn't buying what cele- convex is selling and it isn't just Uber. Who's public performance has looked grim compared with its private fundraising private investments in six of the ten best funded US tech startups to go public since two thousand fifteen have fallen from the peak levels. They hit in funding rounds before the company's stock debuts zone, according to a Wall Street Journal analysis of data from research firm pitchbook, despite Wall Street's apparent skepticism. The flood of cash continues, however food delivery company door. Dash just announced new funding at a valuation of around twelve point six billion dollars. That's nine times what it was a year ago. The journal goes on to say few have more at stake in this area than SoftBank its initial investment in. Uber is up about twenty percent. And while unclear how long the company plans to hold its Uber stick. The journal says the company has made clear its investment style is closer to that of a venture capitalist than in public market investor looking at future cash flows coming up. Are you ready for the next wave of the tech revolution? Because it's ready for you. We just need to figure out what it is. Blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte, we help clients harnessed these powerful technologies to improve business and the world Deloitte dot com slash look. Again. The Wall Street Journal CEO council connects the world's most influential business leaders to discuss the issues shaping the future at its recent event in London. The journal aimed to find out what the next wave of tag had to offer turns out, it's complicated helping us get a better sense of what might lie ahead is Sonali director partner at XL. She explains why it's less clear for investors lately. Really interesting thing today is that is probably never been a better time to be an entrepreneur, and in many ways, sort of never been a more difficult time to be an entrepreneur. The low hanging fruit has sort of been taken if you, if you think about the first wave of technology innovation in media with companies like Netflix or shopping ecommerce with, with Amazon, and of course advertising intact, which really you had a lot of data. So it adopted technology very Foucault, Google and Facebook etcetera, doesn't tie. Segments that's going to happen sort of foster than people think, especially in autonomous vehicles, but this not easy to figure out how to build a logistics company in two thousand and nineteen. So I think it's difficult sectors that haven't been taken on yet. Your data and privacy did come up many a time at the conference, and we learned some big tech companies see it as a good thing. We think of data and machine learning which is a kind of a I really as a horizontal technology, and you have to view every industry and every new startup that v that we look at with the lands that if there's enough data available enough compute power available will this company, essentially be extinct because they won't be able to compete, and that's really interesting lens, but layered on top this is sort of one of my pet peeves. You have to think about data privacy. We really need to sort of stay on the right side here, and it's very difficult for these young companies to figure out how to adopt GDP are I think some of the best and largest businesses themselves, probably struggling with GDP are the interesting thing is we're now seeing a whole bunch of. Entrepreneurs really trying to solve this issue, around privacy and differential privacy, and then also prejudice within the US and China trade issue remains largely at play. And it turns out Europe. It may prove to be an example of what lies ahead because of wet China is in the US today, I've never had more cords and more inbound from the Chinese tech giant's because they want to invest in the company of Europe. They want us that'll make a play. So I don't know nothing's going to stop them, but they looking have us is the US for more on the WSJ CEO council had to wsJcom or the WSJ app, that's it for the tech news briefing reporting from the newsroom in New York. I'm Tanya boost does. Thanks for listening.

United States Wall Street Journal Deloitte CEO China Europe Fiat Chrysler New York Tanya Boost Softbank Nasa Renault Netflix President Trump Writer Amazon WSJ Donald Trump Google
The Future of Connection, Isolation ... and Home Cooking

WSJ Tech News Briefing

06:28 min | 1 year ago

The Future of Connection, Isolation ... and Home Cooking

"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud an AI to their unique business challenges. Deloitte got com slash look. Again. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. A few more highlights as we wrap up another epic week of the future of everything festival in New York City, the journals glimpse into the future with the brightest minds intact, and beyond that's after these Tyke headlines. As it overhauls how it engages with campaigns ahead of elections. In twenty twenty Facebook said it stopped paying commissions to employees who sell political ads in the wake of revelations about Russian efforts to influence the two thousand sixteen election senior leaders at the company debated, whether it should cease running political ads entirely chief executive Mark Zuckerberg may define will call to stay in the business, though changes will be made to how it operates scrutiny of Facebook's role in the political process has only intensified over the past eighteen months with allegations that its platforms have been used for attempted election manipulation on six continents door. Dash said it has raised six hundred million dollars in a deal that values it at twelve point six billion dollars this as investors clamor to get into food delivery business. They remain undeterred by the lackluster, stock market debut of Uber. The deal gives door dash a private market valuation higher than the market capitalization of one Domino's pizza. If you're. Ping score the door. Dash announcement comes on the heels of a five hundred seventy five million dollar investment round last week in European food, delivery startup deliver ru let by Amazon, and now for some semantics. If you wouldn't mind, let's start with the word ship. It used to refer to a vessel that floats on water or the act of sending mail, it's now used as something else, entirely, as you might know, derived from the suffix of relationship, it now means to endorse, a romantic union, and it is the basis of a new dating app. Catching on with women online dating king match has teamed up with millennial digital brand benches to create ship which has launched this year and allows friends to vet potential mates for one another dating app users report, these c- of potential. Matches is overwhelming, and in its first quarter conference, call match said ship is seeing strong engagement in big cities. The company said roughly seventy percent of registration, thus far are female in about sixty percent of matches are made by friends come. Up dipping back into the future of everything festival with a look at the future of social media, broadband access, and of course, eating support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud and AI to their unique business challenges. Deloitte dot com slash look. Again. The such as isolation connection, social media, and of course, eating were all hit upon at the Wall Street Journal's future of everything festival this week, you can catch up on everything that the testable had to offer at wsJcom or the WSJ app. You can also listen to the journals instant message podcast for some of the biggest highlights among one of the biggest themes were social media and connection versus isolation. Seamus astonished. The co founder and chief executive of the house party video app spoke at the festival about how house party is averting a loneliness epidemic. We felt that there was a solution that was needed out there. Particularly for the younger demographic, who's feeling. I mean I, I don't think it's an exaggeration to say that they're on the precipice of a loneliness epidemic. And they're spending so much time on their devices in their rooms, and what we're trying to in is humanity. Back into connecting and. We all sort of opted into a synchronous communication. We started. Texting each other back and forth. We started liking in a news feed or. Re tweeting or responding in these Acer internist manners. And sure it's like officiant, but it doesn't fill your tank in the same way that like seeing somebody face to face does. And this is a response to that feeling and just trying to get people connected again in order to access such video chat apps. One certainly needs internet, a challenge for rural America, as of late land-o-lakes president and CEO. Beth Ford says that farmers are struggling to access basic resources because of their limited access to broadband problem that we're going to have is this technology, these tools that have been developed. They cannot be leveraged broadly. Probably about thirty percent of farmers. Don't have broadband access. You know, they're two hundred counties in America, that don't have broadband access there in rural America, and this is a real issue so beyond the tools. We touch have harvest bakers in America. We touched twenty five percent of the farmers with our federative model. The biggest concern I have is their ability to. Make an best moment in their communities. They are they are not able to do that. We're looking at all different options because you know what there's not going to be one solution. Switching gears and to mix it up a quick check in on the future of food for all the talk of dining apps, and food delivery, much of which disgust at the festival, the future of how we look at food continues to evolve. And apparently, the future is a healthy one, according to restaurant tour Antony rows, ski and the resident chef of net. Flicks is queer eye home cooking is due for a modern day revival. When I was developing the menu at sure definitely had a lot more meat and dairy on it than it does now, like our menu now has zero Darrien no red meat, and we just have a little bit of chicken. One thing with fish, and then everything is pretty much plant based, I just I don't know. I'm thinking about a lot of with everything that's sort of, like, Borden, did, for example. And now David Chang, and there's a lot of content. And I know I'm a net flicks baby. So I'm like, obviously promoting shows that are there. But like there's so. Much awesome. Because convenient doesn't have to be total garbage that was. But of course, a sampling you can check out more wsJcom for all things. FOE festival related make sure you check out WSJ's instant message podcast as well as for the tech news briefing that wraps it up for now. I'm Tanya boost does reporting from the newsroom at the Wall Street Journal. Thanks for listening.

Deloitte Wall Street Journal New York City America AI Chief Executive Facebook President And Ceo Dash Amazon Loneliness WSJ Acer Mark Zuckerberg David Chang Seamus
What a Ruling Against Qualcomm Means For Smartphones

WSJ Tech News Briefing

06:18 min | 1 year ago

What a Ruling Against Qualcomm Means For Smartphones

"A I blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte, we help clients, harnesses, powerful technologies to improve business and the world Deloitte dot com slash look. Again. This is tech news briefing, im Tanya, Gustaf's reporting from the newsroom in New York Qualcomm is hit by a ruling on antitrust violation. It's a ruling that could shake up the smartphone industry. That's what we're talking about after these tech headlines. Google cloud. Alphabet inc. Cloud computing unit is joining forces with data management company, Informatica, the goal is to help businesses draw more value from their data. This is all part of a push by Google into the enterprise, information, technology market. The move will couple Informatica data management and integration of tools with Google cloud services, including data storage platforms, and market analytics tools. This will enable commercial users to more easily leverage massive amounts of data for Houston, a machine learning and other advanced digital capabilities. And according to the CIO journal, the tools are already available in Google cloud, and prepping data to feed into them has been a bottleneck for many companies. The peril to always global business is growing as foreign partners back away from the Chinese maker of networking equipment UK based chip design company. Arm holdings is suspending its business with wall away following Washington's blacklisting of the Chinese tech giant meanwhile, mobile phone carriers in Japan and the UK have suspended, launches of Galway, smartphone, models over concerns that US curbs on exports to the company, a spokeswoman for arm says the company is complying with the latest restrictions set forth by the US and having ongoing conversations with the appropriate US government agencies to ensure they remain compliant. Apple said this week, it was changing a material used in its butterfly keyboards and expanding its keyboard repair program the program. Previously covered first and second generation keyboards but now includes coverage of the third generation introduced last year. The ones on macbook air and high end macbook pro models at the same time. Apple upgraded its line of macbook pros users of all generations of the apple butterfly. Keyboard have reported missed key strokes and double presses of keys for which apple has apologized. When asked if it would continue to use the butterfly keyboards in future models. Apple declined to comment coming up. What a ruling on antitrust violation means for Qualcomm, as well as the smartphone industry. Blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte, we help clients harnessed these powerful technologies to improve business and the world Deloitte dot com slash look. Again. Qualcomm, unlawfully suppressed competition in the market for cell phone, chips and used its dominant position to exact excessive licensing fees. That's according to a judge's ruling this week. The Wall Street Journal's and refer totally has more chipmaker Qualcomm violated US antitrust law, and strangled competition, according to a ruling handed down by a federal judge in favor of the Federal Trade Commission. Twenty me now from San Francisco. With more details is Wall Street Journal reporter as a fish ayso. This case against Qualcomm was brought in early twenty seventeen tell us about the judge's decision in what she found here. We'll she founded Qualcomm is actually violated as you trust law. That is it was charging too much for licenses to patents based on its monopoly power in or alleged monopoly power in the market for for mobile phone ships. These ships that kind of provide the ability for your phone to connect you sell hours. That was the essence of the ruling. Now, what are the repercussions for the company, which is planning to appeal mean companies planning to peel? So the reprecussions aren't fully clear quite yet. But if it did have to go through and implement this decision the injunction requires Qualcomm to renegotiate or negotiate licenses with its existing customers existing license fees for its patents, essentially, it would being Qualcomm would potentially have to kind of start over on Goshi. She Asians with a lot of its existing customers and get perhaps lower rates on those on those royalties. So it could be a big deal for Qualcomm revenues for businesses. A whole if this goes through, and this also comes after Qualcomm reached a settlement with apple in a somewhat similar lawsuit. Apple around the same time the FTC brought its case in two thousand seventeen. Arguing that Qualcomm overcharging for its license fees, and gauging and other practices, or anything competitive, and essentially didn't allow apple any other option than to use Qualcomm chips, so that thing was resolved, those companies came to a deal last month in the middle of April, where they agreed to basically drop all litigation against each other, and settle their differences. But the FTC's case still went on might this ruling impact other chipmakers as well. I don't think so. I mean, this is Qualcomm has a unique model in the chip is other chip companies typically don't have a business structure where they have one arm that produces chips and sells them to different suppliers. Like the people who make their cell phones, and another arm that purely licenses technology to others who want to use it. So, you know, another manufacturer who wants to make that cell phone. Was license that thing. They don't other chipmakers don't have that kind of structure. So it's, it's kind of neat to Qualcomm, actually, and the effect of this ruling, probably isn't going to be that brought that's Wall Street Journal reporter ace Offit joining us from San Francisco with more on a ruling against chipmaker. Qualcomm as a thank you so much, like thanks again, to the Wall Street Journal's Anne Marie for totally reporter ace Offit has more at wsJcom wrapping up the tech news briefing for now. I'm Tanya boost does reporting from the newsroom in New York. Thanks for listening.

Qualcomm Apple Deloitte Google The Wall Street Journal United States Reporter San Francisco New York Arm Holdings Informatica Cio Journal Houston Tanya Alphabet Inc
Facial-Recognition Tech: Regulation Instead of Bans?

WSJ Tech News Briefing

06:31 min | 1 year ago

Facial-Recognition Tech: Regulation Instead of Bans?

"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud an AI to their unique business challenges. Deloitte got com slash look. Again. This is tech news briefing. Im Tanya boost, does reporting from the newsroom in New York coming up a Chinese artificial intelligence startup is under fire for the use of its facial, recognition tech. It is the latest argument placing your face and tech at odds the issue remains a global one looking into it after these tech headlines. While we technologies denounced US actions against it referring to them as bullying this week as it implored European governments to resist American pressure to follow suit. The Trump administration's moved to blacklist Weiwei last week marks in unprecedented assault on not only the Chinese telecom company, but also rules-based, global trade, at least that's according to Abraham Lou while ways rep to the European Union Washington's move to block while away from sourcing components from running certain features on Google's Android operating system, also threatens its consumer business. US officials said this week, they would wave that measure for ninety days for some suppliers. These story remains in motion, follow the latest at wsJcom. The US has sharply slowed down approvals for the nation's semiconductor companies to hire Chinese nationals for advanced engineering jobs. This is significant in part because Chinese nationals account for a large share of non US citizens hired for such work and were talent. Supply. Domestically is often scares the disruption which started last year has affected hundreds of jobs across the industry at companies, including Intel Qualcomm and global foundries, Inc. The journal says this also shows the conundrum US companies face in dealing with China and technology highlighting how decisions aimed at protecting US competitiveness in one way could hamper it in another. And mid career professionals are looking for a reboot at coating boot camps the journal writes how some middle aged people seeking a career change are enrolling in New York City schools with varying degrees of success coating boot camps small technical schools that prepare adults for work as entry level software developers are known to challenge, even with the journal affectionately calls twenty something geeks who comprised their primary demographic in a recent survey the average graduate reported a forty four percent increase in salary to sixty two thousand dollars and nearly half landed a fulltime job in computer, science, or engineering coming up, facial recognition technology remains under fire. How tech startups around the world are trying to fan. It's flames support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation Elvin clients apply technologies like cloud. An AI to their unique business challenges. Deloitte, god. Com slash look. Again. In. Remind you that WSJ's future of everything festival is in full force in the city that is New York this week for the latest updates on what the future holds via technology and everything follow the latest at wsJcom. We will also be covering it on various WSJ podcast throughout the week including a big burly recap on Fridays instant message podcast right now, though, we had to Tokyo where the Wall Street Journal's CEO council conference has been holding the other side of the globe to task big tech has been under a big fire for the use of facial recognition technology as of late last week, San Francisco became the first US city to ban the use of technology by local agencies a quick refresher on the legislation from San Francisco lawmaker, Aaron Peskine psychologically unhealthy when people know that are being washing every aspect of the public realm. There are many ways to make our society. Secure without living in a security state, this legislation tries to strike that balance this week sense time group, a Chinese artificial intelligence startup is left. Fending residual flames from all the facial recognition attention last week at the Wall Street Journal's CEO council conference in Tokyo, Tuesday since times, Bing zoo, addresses the company's facial recognition tack in its mass surveillance systems. He thinks the tech should be regulated rather than band. We'd be actually thinking about the allots as any new piece of technology. Sometimes there are two size. And right now, I think there is discussion around the, the privacy around of individuals being covered by all these cameras such as there's a camera were there. There's another camera so we can see that these cameras has been setting up in the physical world, right? So right now with a nation the surveillance. The compatibility has been operated a lot. So basically, there are actually debase around whether these type typo technology should be deployed against individual Promessi sense time, which has received a funding from these Saudi-backed. Softbank vision fund continues to navigate rising privacy concerns, as companies around the world. Look to a I to store and analyze data of people's faces. I think this is video meaningful and useful debate a yearly it would alert everybody to take up the thought around what policies and what regulations to be should be in place to guarantee that these technology, these new piece of technology, what wouldn't bring damage. Right. But still think about it, right. They, I is such as face recognition, there are two sides. One side is, is around individuals is around privacy of individuals the other side he's around public good around. Well, public transparency. Around row, anti-terrorism, less crime more efficient city, right? So technology has been has technology actually has been the lying ingredient for cities to grow and debate will no doubt continue around the globe. The Wall Street Journal covers it all for more on the CEO council in Tokyo, this week, head to wsJcom wrapping up the tech news briefing for now. I'm Tanya boost does reporting from the newsroom in New York. Thanks for listening.

United States Deloitte The Wall Street Journal New York CEO AI Tokyo San Francisco Intel Qualcomm Softbank Google Weiwei China Assault Abraham Lou Elvin European Union Washington
How U.S.-China Trade War Impacts Tech Industry

WSJ Tech News Briefing

05:57 min | 1 year ago

How U.S.-China Trade War Impacts Tech Industry

"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud an AI to their unique business challenges. Deloitte got com slash look. Again. This is tech news briefing. Im Tanya boost, does reporting from the newsroom in New York coming up, how heavily does the US China trade war impact your world of tech. Could it mean the hiking of iphone prices? What does it do to the volatile state of cryptocurrency? And how soon before things get resolved for big tech finding out after these tech headlines. Google has agreed to refund advertisers for ads purchased on its ad marketplaces. That ran on websites with fraudulent traffic. This follows a lawsuit, claiming the tech giant was withholding the payments, and according to documents viewed by the Wall Street Journal and 2017 Google offered limited refunds to those who had purchased ad space. The kind that resulted in ads running on sites. Who's traffic was artificially boosted by bots. The journal says Google has modified contracts to alter its policies regarding litigation. Brought by advertisers separately. Google promise that it's advertiser clients would receive refunds for ads that ran on sites. With fraudulent traffic. The world's biggest video game publishers are paying popular gamers, tens of thousands of dollars to play their latest releases live over the internet. But why they're hoping to break through to buyers which is proving to be a tough task in a world where games like fortnight, hog the spotlight electric arts activision blizzard, Ubisoft, entertainment, and take two interactive or among the publishers, making big payouts, for the live streams the amounts could go as high as fifty thousand dollars an hour for top celebrity gamers. And as for hints of what you can expect down the line, take two plans to pay streamers to play borderlands three when the comedic shooter game launches in September and plans to use live streaming again for the Tober release of its special ops shooter game. Tom Clancy's ghost recon breakpoint. And now if you wouldn't mind, let's talk about the state of chips demand for chips specialized for a I in particular is growing at such a pace the industry can barely keep up. And the journal makes the case that chip king, and video may be losing its dominance case in point. Qualcomm unveiled a new AI chip last month and Hewlett Packard, just on Friday reached a deal to acquire Cray, Inc. The company that makes high end for supercomputers that are increasingly being deployed for AI research, and you can expect more, where this came from sales of such chips are expected to double this year to around eight billion dollars and reach more than thirty four billion dollars by twenty twenty three coming up, how the US China trade war impacts, the tech industry. Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation, helping clients apply technologies like cloud and AI to their unique business challenges. Deloitte, Kat com slash look. Again. As reported in the ever escalating US trade war with China. The White House has threatened to introduce twenty five percent tariffs on two hundred million dollars of Chinese goods. So how does that impact big tech? Let's us one of the US's, most valuable tech companies as an example, apple and more importantly, your apple products barons, Alexandra Skaggs has more Apple's earnings per share could be hurt fifteen to twenty percent by higher tariffs. If that happens, the smartphone maker may have to raise its prices or just accept lower profitability. China is a large part of apple supply chain and facts that estimates apple gets almost twenty percent of its revenues from there. So apple investors are probably hoping that the US and China reach a trade deal over the summer. In addition to tacking on the already announced five hundred billion in terrorists that could raise prices on almost half of everything. The US buys from China, president Xi Jinping said he would. Tally eight some say China could impose new taxes and added regulation on US companies. Others say China could introduce slowing deal approvals or encourage citizens to boycott US goods. Also impacted by the trade war escalation bitcoin. The favourite crypto currency of the masses has climbed ninety percent this year. What do we make of that? It's always tough to say. What makes bitcoins price move, but prices were low for most of this year until the past month and a half. Bitcoin started rallying right around the time. The US is trade war with China started heating up analysts say that investors are selling China's currency and moving into cryptocurrencies. But according to many analysts wing, including real clear markets editor, John Tammy, there are simply too much money in big tech and the US China trade dispute will have to come to some resolution soon. The Chinese could wait longer. They've always looked at things from more of a longer term perspective. But keep in mind that President Trump has twenty twenty two. About the elections coming up the last thing he wants to go into the twenty twenty elections. With is to explain a crash stock market a weaker economy. Donald Trump has staked his presidency on a rising stock market and economic growth. You cannot get that, while also conducting a trade war with one of the biggest markets in the world, for some of the US, as most valuable companies just use one example, apple, the most the second, most valuable US company right now gets a third of its sales from China. You can't be warring with that country for the latest details on the US China trade dispute head to wsJcom wrapping up the tech news briefing for now. I'm Tanya boosters reporting from the newsroom in New York. Thanks for listening.

United States China Deloitte Google Apple AI New York Wall Street Journal President Trump Activision Tom Clancy Donald Trump Qualcomm Cryptocurrency Hewlett Packard Ai Research Xi Jinping
Pinterest's Shares Fall; Smartphone's Focus Fails

WSJ Tech News Briefing

06:11 min | 1 year ago

Pinterest's Shares Fall; Smartphone's Focus Fails

"A I blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte, we help clients, harnesses, powerful technologies to improve business and the world Deloitte dot com slash look. Again. This is tech news briefing. Im Tanya boost, does reporting from the newsroom in New York coming up a look at the journals feature on how smartphones sabotage your brain's ability to focus, making sense of the science of distractions after these tech had lines. Shares of Pinterest plunged in extended trading after the company posted a wider than expected loss in its first quarterly report following its public market debut. The drop makes Pinterest the latest tech company to encounter difficulty not long after a much anticipated public offering Pinterest shares were off more than fifteen percent, late Thursday afternoon. The stock finished up eight percent in regular trading. Thursday closing out at thirty dollars and eighty six cents. Sixty two percent higher than its nineteen dollars a share initial public, offering price Tesla's driver assistance, feature was active and the driver's hands weren't detected on the wheel during a fatal crash in March, that's according to US safety. Investigators announcement on Thursday, a finding that could amp up scrutiny for the carmakers autopilot system as the company pushes. For more automation in vehicles data taken from a model threes. Sedan that crashed in Florida showed the driver hadn't touched the steering wheel in the seconds leading up to the incident and made no effort to avoid the collision, this is according to the National Transportation Safety board's preliminary investigation. The agency will continue to work to determine the probable cause for the incident. Stay up to date with the latest at WSJ dot com. And Microsoft and Sony are teaming up to work on cloud and game streaming tech and unusual partnership between two longtime rivals. However, they face new threats from some of the biggest tech names in the industry. So through a partnership, Sony is considering using Microsoft's cloud service for streaming. It's game content. It also calls for potential collaboration involving Microsoft's artificial intelligence and Sony's image sensor chips. This all comes as Sony, and Microsoft face competition from the likes of Amazon and alphabets Google to cloud tech. Titans looking to take a bite out of the one hundred and thirty billion dollar and growing video game industry coming up our smartphones messing up your brain's ability to focus. Yup. Science explains it after this blockchain smart cities, the digital transformation happening. Now makes the seemingly impossible doable, a Deloitte, we help clients harnesses power. Awful technologies to improve business and the world Deloitte dot com slash look. Again. If there's one thing we can say about our smartphones is that they give us instant gratification. But at what cost, perhaps an alarming loss of attention in productivity, Daniella, Hernandez, the Wall Street Journal's digital science editor explains the science to back this up, when we face distractions to areas of the brain, the parietal, cortex, and the frontal cortex, or in a sort of tug of war with each other some research suggests that the parietal cortex responds to distractions, the frontal cortex, which is involved in cognitively, demanding tasks helps us maintain focus so we get distracted, if the activity of the parietal cortex gets through to the frontal cortex, the frontal cortex can keep the parietal in check you stay focused, the brain is deciding what's important. And what's not? Oh, sorry cost. It in Kuslav professor at Georgetown University explains our struggle with paying attention attention, much like your daily allowance of money is a limited resource and in any particular moments. You can only have that much of it, even when you're cleaning your mailbox and you're not actually doing hard cognitive work. You kinda actually are because there's all these essentially micro-decisions looking at this Email, do I need this? And so each of those decision requires a little bit more of cognitive effort. And so, but when you add two thousand of those you end up with no no power to make any other important decisions after that you feel depleted Georgetown university's. Recent study on Email further explains. The. Emotional struggle. Checking Email more frequently throughout the day was associated with feeling more stressed and overwhelmed. We've found that people who batch te their emails, three to five times a day felt less trust and less overwhelmed. And as does most technology today, it opens up a conversation about how it's changing how we interact socially on a grander scale. We did a study not in an organization, but on campus where we ask students to find a building either with their phones or without the help of their phones. And yes, the students who relied on their phones, got to the building faster. But these same students actually felt less connected to their community. And so it's not a question of, you know, should be just do away with this devices. But what is the price of this convenient device? These social bonds that hold society together, I think, getting more and more chipped away from us. For more details head to the journals feature at wsJcom that wraps up this edition of tech news, briefing, im Tanya boost, does reporting from the newsroom in New York. Thanks for listening.

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Trump invokes executive privilege over entire Mueller report

Washington Today

13:01 min | 1 year ago

Trump invokes executive privilege over entire Mueller report

"And we begin at the White House where the president today asserting executive privilege over special counsel, Robert Muller's full report on Russia's interference in the twenty sixteen election, all of this intensifying clash with congress over its investigation into the Trump campaign and Russia. The move came just before the House Judiciary committee late this afternoon. Voting to hold of the attorney general Bill bar in contempt of congress for failing to turn over Muller's unredacted report and underlying materials, which the panel head subpoenaed. We are covering all of this. And we start with the House Judiciary committee hearing, and it's chairman Jerry Nadler of New York. Today, we consider report recommending that the house of representatives hold attorney general William bar in contempt of congress for defying valid subpoena issued by this committee. This is not a step. We take lightly. It is the combination of nearly three months of requests discussions and to go. She aviation's with the department of Justice for the complete unredacted report by special counsel mother into Russian interference in the two thousand sixteen election along with the underlying evidence. I appreciate the fact that the department responded to the offer we made to them last week and met with us yesterday in the last minute effort to reach an accommodation. We heard the department out responded to them in good faith. And after always said and done we unfortunately were still unable to reach agreement, and we proceeded with our markup today is I've said before we remain ready and willing to consider any reasonable offer made by the department even. After today's vote. But if a letter I received late last night from the department is any indication I am concerned that the department is heading in the wrong direction. In response to our latest good faith over the department of Brunton announced that if we move forward today, it would ask President Trump to invoke what it refers to protective assertion of executive privilege on all of them subject. Are subpoenaed just minutes ago took that dramatic step. Size misapplying the doctrine of executive privilege since the White House waved these privileges long ago and the department seemed open to sharing these materials with us. Just yesterday. This decision represents a clear esscalation the Trump administration's blanket defiance of congress constitutionally mandated duties. I hope that the department will think better this last minute outburst and return to negotiations as Coequal branch of government. We must have access to the materials that we need to feel our constitutional responsibilities in a manner consistent with past precedent. This is information we are legally entitled to receive. We are constitutionally obligated to review. And I would remind the members that the mullahs report is no ordinary run in the middle document details significant is conduct involving the president, including his campaigns willingness and eagerness to accept help from a hostile foreign government numerous misstatements if not outright lies concerning these act those acts and eleven separate incidents of struck the behavior by the president that more than seven hundred former prosecutors have told us warrant criminal indictment. If congress is not entitled with full unredacted Muller report, one must wonder what document we would be entitled to exhausted negotiations with the department of Justice have unfortunately left us back where we begin with unprecedented obstruction by the ministration that has now announces intention to block all the Thames congressional oversight of the executive branch. It is our constitutional duty to respond. Let me be clear if we request we are requesting entirely. Within our legal rights receive, and is no different from what is been provided to congress on numerous occasions going back nearly century. But we do not need to go back and forth to find a precedent. As recently as the last congress under Republican control, the department produce more than eight hundred eighty thousand pages of sensitive investigative interiors pretending to its investigation of Hillary Clinton as well as balloonists other material relating to the rush investigation and other ongoing investigations that production included highly classified material notes. FBI interviews internal text messages law enforcement memoranda. With respect to grand jury information in past cases involving Gatien's of presidential misconduct or misconduct by other high-ranking. Public officials the department of Justice as a matter, of course, the permission of a court through at least relevant information to congress if not to the public notably. This include several cases that were not impeachment inquiries, including the investigation into former agriculture secretary, Mike Espy and the Iran country investigations as well as other investigations that were not governed by the independent counsel law. But no matter the fact that the law and history clearly support the release the congress of this kind of information the Trump administration has taken obstruction of congress to new heights. Unfortunately, the attorney general has been all too willing to support the president in this endeavor. I would also like to respond to the concerns often raised by my good friend. The ranking member. Yes, how can the committee hold the attorney general in contempt for merely complying with the laws on the books, and how can we hold him in contempt when I have refused an offer to allow me to see certain redacted portions of the report, the answer's simple. I we issued a valid subpoena for the full report. And all of the underlying evidence department is come nowhere close to satisfying obligations under that subpoena. Those comments by the chair of the House Judiciary committee, Jerry Nadler of New York, again, the final vote along party line vote twenty four to sixteen and at the conclusion of the hearing chairman Nadler telling reporters, the US what he calls facing a constitutional crisis over the mullahs report from the Wall Street Journal there is this quote, the dispute centers around the unredacted version of the mullahs report and the underlying evidence some of which the Justice department says by law cannot provide because in. In part. It involves grand jury testimony that is secret Democrats subpoena the material last month saying it was necessary for congress to independently examined the material and the basis for Mr. molars findings. The journal goes on to write quote at the Trump administration's abroad, refusal to cooperate with any oversight request from democratic committees elevating tensions between the two branches to levels unseen since events of the magnitude of President Bill Clinton's impeachment, the Iran contra arms scandal during the Reagan White House and Watergate a move that invokes executive privilege is all but certain to provoke a constitutional challenge in the courts more details at wsJcom more from today's hearing Doug Collins is the ranking member of the House Judiciary committee. Mr this. The folks watching this log continues last week ours you and the fellow members of Jewish Democrats to respect the history of this committee business accordingly. We still have across southern border still. Feeling property here. We are wasting another bible week legislating calendar against the majority's war against the administration. Today, we are meeting to consider a resolution to hold attorney general Bill bar in contempt of congress. So let's take just a few moments and go through this. What is the justification for holding attorney general bar in contempt of congress for apps failed to abide by the special counsel regulation? No, he went above and beyond what the regulations far by transmitting the full report to congress with limited. Reductions could it be that the attorney general failed to accommodate the chairman's demands for information. No, he offered to let the chairman involve other democrat leaders review, the less redacted at the department of Justice, including a ninety nine point nine percent unredacted volume own strokes in an odd move for anyone demanding access to information. The chairman and the other elected Democrats giving access declined to view that report. Attorney general also volunteered to testify before this committee about the reports conclusions his role in sharing the report. And as we all witness, the democratic gangs force the attorney general to forego the schedule hearing last week on Monday just farm an offer to meet to discuss accommodations yesterday. They made a reasonable offer to avert this. And once again, they were rebuffed and the chairman the client, perhaps the end, the Democrats believe that there has been an unreasonable delay in the Justice farmers response to they're saying, no, that's not true. Either. In the chairman is moving to this contempt resolution at lightning speed. It has been less than twenty days since the chairman now subpoenaed documents from the Justice department when the oversight committee held Eric attorney general Eric Holder and content more than two hundred fifty days had passed between the subpoena and the committees vote to hold him in contempt more than four hundred and fifty days passed between the committee's initial request to the Justice department and the committee's contempt vote, dude Isra Democrats are moving more than ten times. Faster than oversight did with holder. They have moved from request to contempt vote in only forty three days. And yet the Justice department is still at the negotiating table waiting for the Democrats to arrive in good faith, while this rush without any valid legislative or administrative reason, we can only assume the Democrats that are led by the chairman have resolved to sully the Bill bars. Good name and reputation to accomplish to go. First Democrats are angry the special counsel report and did not produce the material or collusion's. They expected to pave their path teaching the president feel compelled remind everyone the report found offers to do so no one from the Trump campaign knowingly conspired with the Russian government, and you can't help. But notice the phrase Russian collusion has vanished from the democratic talking points and left a void in the narrative. The special counsel did not make a prosecutor determination structure in which was his job attorney general and a deputy attorney general did so according to their mandates law enforcement officials while giving no credence to the office of legal counsel. Opinion regarding that a sitting president as a result, they're angry their anger nations chief law enforcement officer and his dad had yelled acidy decide the didn't support charges for obstruction investigation into something. The president. Second Democrats are afraid of what your general will fund when he completes his own going review of abuses, the Justice, including how the Russian investigation began. Multiple news reports have suggested those conclusions could be explosive good in careers and could even lead to criminal prosecution rather than face that the Democrats resolve to neutralize Bill bar by attacking him in the office in his in his career. This is the first what a cynical mean-spirited counterproductive irresponsible staff. It is. Meanwhile, our economy urging unemployment amongst already groups historic low a recent Washington Post poll shows cratering support for impeachment, but Democrats have no plans, no purpose, and no viable legislative agenda beyond attacking visit ministration the house is more than four months into a democratic majority. How many bills passed by this committee have been signed into law chairman poor? You see reason I asked if you recognize the craving and insincere politics. It seemed to be yielding, no. No dividends for the American people. We've talked multiple occasions improved at last week's pharmaceutical market that I stand ready to work with you to promote solutions. I will not though become a bystander as we say, the attorney general, and this committee our democracy deserves better. Those comments from Republican Doug Collins of Georgia, the ranking member on the House Judiciary committee and on Twitter. The president wrote the following, quote, everyone wants to know who needs to be accountable because it took up to two years of our lives talking about the Russia involvement at proved no collusion and people want to trace it back to see how all of this happened treasonous hoax that the president at real Donald Trump. And at the White House press secretary Sarah Sanders was asked about the president's use of executive privilege. Caroline, chairman Naylor says at the White House already waived executive privilege. He said the moment they reveal documents Muller, they waive the privilege that's black letter law. So how is the White House still claiming turning Adler would be a little? A bit more on the law. I'm not actually like understand better than he does. The attorney general is protecting information. Grand jury information confidential information had he cannot release the fact that the chairman knows that and continues to ignore it is absolutely absurd. What's not forget. This is the same guy who was to frayed to ask the attorney general questions himself if he can't do his job, and he can't understand basic rule of law and uphold it then he shouldn't be in

Congress Attorney Chairman President Trump House Judiciary Committee Department Of Justice Special Counsel Executive White House Trump Administration Justice Department Robert Muller Jerry Nadler Bill Bar Russia Mullahs New York Doug Collins
Uber, Lyft Won't Pick Your Kids Up (But Other Car Services Will)

WSJ Tech News Briefing

08:55 min | 1 year ago

Uber, Lyft Won't Pick Your Kids Up (But Other Car Services Will)

"A I blockchain smart cities, the digital transformation happening now makes the seemingly impossible doable at Deloitte. We help clients harnesses powerful technologies to improve business and the world, Deloitte dot com slash look again. This is tech news briefing. Im Tanya boosters reporting from the newsroom in New York coming up the child chauffeuring dilemma as parents look to outsource their job of chauffeur. The biggest companies Uber and lift actually forbid drivers from picking up minors under eighteen as any parent with children will tell you that is not the case in terms of practice getting down to the stickiness of it all after these tech headlines. Lift reported quarterly earnings Tuesday afternoon. The first financial report since the company went public in March it, of course, beat Uber to the public markets. However, the initial excitement wore off pretty quickly as for today's excitement. Here's the damage. The journal says lift posted strong growth in its first quarterly report nearly doubling from the year before even as losses continued to mount revenue comes in at seven hundred and seventy six million dollars in the first three months of the year. That's up ninety five percent from your earlier. This was accompanied by a surge in spending and sales and marketing which includes writer discounts that lift showered on users for much of the first quarter spending two hundred seventy five million dollars. That's up sixty three percent lift expects revenue growth to slow in the second quarter and the rest of twenty nineteen it projects revenue of at least eight hundred million in the second quarter and as much as three point three billion for the year in its latest report a team of Cowan analysts predicted that the true five G services won't actually materialize in twenty two. Twenty two and that's the earliest and as five g service will be available in handful of US cities this year. It's also noted that most people will only get incremental upgrades to the speeds that they get with today's four G L T services. The journal also notes that while apple isn't expected to compete in five G this year. It's settlement with Qualcomm makes a five G iphone in late twenty twenty much more likely because Qualcomm is far ahead of the other chipmaking peers in the technology. You can read up on all things five G at wsJcom or the WSJ up and a data and privacy update health insurers are collecting much more than just medical data about their members providers are awarded for keeping patients healthy as such by integrating medical data with personal information and applying analytics to it insurers and health providers. Seek to identify patients at high risk for an illness with the goal of intervening and preventing it but the use of personal data to make health predictions. Also causes a new wave of privacy concerns like whether a patient's price. She could be violated if the data is misused or used to draw unfair or inaccurate insights WSJ pros, Brian Gormley has the story at wsJcom coming up a check in with the state of parenting today as it pertains to ride HALE in rules as overbook children and overworked parents scrambled to get places support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation helping clients apply. Technologies like cloud and AI to their unique business challenges, Deloitte dot com slash look again. Busy parents who turn to ride hailing apps to solve their child. Chauffeur dilemmas may be defined company. Age restrictions quite possibly news to the droves of parents who have their children chauffeured around by such apps like Uber. And lift the Wall Street Journal's Julie jargon has more of the story. She joins us via Skype from Los Angeles. Julie. Hi, thanks for having me. Sure. So for folks who aren't parents. It's interesting to see how prevalent ride hailing is among teens, and you look at the changing times, I guess if my generation had this tag. I'm sure I would have held an Uber and not scrambled for a ride all the time. But am I wrong in presuming that this is the main way kids get around these days how prevalent is it? You know, it's hard to measure, and I'm not sure it's the main way a lot of kids are probably still ferried about by parents and car pools of other modes of transportation, but it's clear that this is becoming an increasing option for a lot of teenagers, especially in big sprawling metro areas. But even in some. Suburban areas where you know kids have, you know, school choice programs in they have to go to school outside of their neighborhood way across town, and you know, mom and dad or working, and everybody's kind of all over the place. And so with a advent of these services people have been turning to them more and more and a lot of parents that I've talked to who didn't want to talk for the column did say that they use Uber or lift quite a bit for their teenage kids in defiance of the of the rules that unaccompanied riders have to be at least eighteen. Yes. So that's that's sort of what I was getting it because even for someone like myself far removed from chauffeur and kids around. I see that it's done all the time. So I was apprised to learn that it's actually not allowed. But it's one of those things I guess like jaywalking. It's kind of done anyway. Yeah. You know because the teenagers can use their parents account. And so when over our lift to get request for a ride, they you know, they think it's coming from that adult who has that out. And they come and pick up someone who is not an adult, but you know, a lot of teenagers look older and probably hard to tell if someone's sixteen or eighteen and you know, sometimes I have heard cases where would drivers has have questioned the writer and have decided not to pick up that that person. But a lot of cases, they don't ask the question. So it goes on a lot what are the ramifications account holders who allow their children to excess? Their counts. Do they risk losing their cancer? How serious or do things get here. Yeah. I mean, I don't know how widely it's actually enforced, but the companies do have a policy that state not account holders who are allowing their children to access their accounts could risk losing access. And maybe they get a warning. It's probably not that severe that. It's withdrawn. But you know, there are potential risks. Right. So now that we're caught up on the rules. Are there such right apps that address this issue ones that have the parental child rules of transport in order here? What what's out? Their parents are utilizing. Yeah. A lot of startups have come about in recent years to address the demand for getting kids to to places when when parents can't. So there are a number of of services like hop. Skip drive and and bubble and zoom that are specifically created to take children to where they need to go, and they have very rigorous standards for who can drive for them. The services all require the drivers to have previous childcare experience anywhere from three years to five years, and as a result of all the background checks, and the you know liability insurance in those kind of things those services do cost quite a bit, especially as compared to Lubar left. So with ride hailing in general, there are all kinds of safety concerns. I imagine even more. So when children are involved, so what's the state of affairs in terms of safety, and how are companies like Uber and lift keeping tabs on this well lift because. Don't allow on younger children to to take rides. You know? And it may be that they decide to do. So at some point Uber did have a pilot in a few markets in two thousand seventeen where they were testing ridesharing for for under eighteen but the newer services that have come up to specifically address children. You know, they do they do have these background checks for their drivers. They make them have fingerprints that run through the FBI, and they they do, you know, really rigorous kind of background checks in vetting of the drivers. And that's you know, a pretty tough business model. I sure it's difficult to find enough people who are qualified to drive for them. And some of the startups have gone out of business already. So it's you know, it's hard to say whether they'll be able to stick around and be profitable. But you know, parents do have concerns whether they're sending their child in one of the these services for children or in Uber because you have to verify. That the driver who's picking you up is in fact, the right person. I mean, there was recently that that horrible case in in South Carolina, where a young woman allegedly got into a car that she thought was her Uber. And it was not an Uber, and she was martyred. And so, you know, those kind of things when they come up in the news due. I think give parents pause about is it safe for anyone, you know, in in most communities to ride in cars with strangers and is it safe for their children. It's very, you know, it's changing times. And it's it's changing very quickly. So thank you for the latest as it pertains to ride hailing. Julia you bet that ends this edition of tech news briefing from the newsroom in New York. I'm Tanya boost does thanks for listening.

Uber Deloitte Deloitte Dot Wall Street Journal Writer New York Wsjcom Qualcomm United States South Carolina Los Angeles Cowan Julie Apple FBI AI Brian Gormley Julia Five G
"wsj.com" Discussed on WSJ What's News

WSJ What's News

01:58 min | 1 year ago

"wsj.com" Discussed on WSJ What's News

"With what's news. I'm Charlie Turner for the Wall Street Journal in New York. President Trump has stepped up his attacks on the fed and its chairman. Jerome Powell over there, raising of interest rates will have more on the Wall Street Journal's interview with the president in a moment. I hear some top stories, federal and local officials, Wednesday, say thirties, have intercepted packages containing pipe bomb type devices, address to the homes of former President, Obama and former secretary of state Hillary Clinton and to CNN the recover devices were reportedly similar to a device found Monday in the mailbox of the Westchester county, New York home of billionaire. Philanthropist. George Soros are prominent liberal donor. The device found in CNN's mailroom of the Time Warner center in New York also contained a pipe and wire investigators believe the packages sent to Mrs Clinton and Mr. Soros came from the same suspect. Both packages had US postal service stamps on them for the latest updates on this story. Click on wsj.com Saudi Arabia's, crown prince, Mohammad bin Salman said Wednesday. The journalist, Jamal has Shoji's killing was a hideous incident in a crime, painful to all Saudis. And he pledged to cooperate with Turkish authorities as his kingdom struggles with global backlash over the alleged assassination, prince Muhammad in his first public remarks about Mr. has Shoji's October second death. In the Saudi consul in an Istanbul, said his government would seek Justice for the perpetrators. The incident has escalated into the Princess most serious foreign policy challenge straining the kingdom's relationships with the US and Turkey. Boeing says, it's businesses, booming, the world's largest aerospace company by sales reported better than expected quarterly profit for the third quarter and raised its revenue and profit outlook for the year. Boeing cited strong global demand for commercial jets and new defense projects. Still ahead Wall Street Journal reporter. Mike bender talks about the journals interview. With President Trump..

Wall Street Journal President Trump US President George Soros New York Hillary Clinton CNN Shoji Boeing president Mohammad bin Salman Saudi Arabia Charlie Turner prince Muhammad fed Jerome Powell Mike bender Time Warner center
"wsj.com" Discussed on WSJ What's News

WSJ What's News

02:22 min | 1 year ago

"wsj.com" Discussed on WSJ What's News

"With what's news. I'm Charlie Turner from the Wall Street Journal in New York. The remnants of hurricane, Michael reached North Carolina State still trying to recover from the devastation caused by hurricane Florence last month. We'll get an update in a moment from the Wall Street Journal's Valerie bore line in Raleigh, North Carolina. I hear some news headlines the death toll from hurricane Michael Rose to at least thirteen people in four states, but the toll was expected to keep climbing after the storms to day rampage from Florida to Virginia. Michael slammed into Florida's panhandle, midday Wednesday as one of the most powerful hurricanes ever to strike the US devastating coastal communities, flattening houses, damaging the power grid and disrupting communication lines. The storm then tore through Georgia still is a powerful hurricane and much of the state before tracking through the Carolinas and Virginia on its way out to sea for the latest on the aftermath of hurricane. Michael click on our website wsj.com on Friday. US stocks opened with a powerful rally from bruising two day, sell off, but pulled back around midday signaling that the market volatility has not dissipated for the latest market updates go to wsj.com and WSJ podcasts, major banks reported quarterly earnings Friday, j. p. Morgan Chase said third, quarter profit, jumped twenty four percent. As the banks consumer business helped it overcome weaker trading city groups. Third quarter earnings came in a head of forecasts, but sales missed their targets. Wells Fargo reported weaker than expected adjusted earnings but revenue. The top forecasts CNBC says that Sears holdings, which is reportedly nearing a bankruptcy filing is close to a deal with lenders that could keep the business going through Christmas. The aim is to keep the doors open on some of its nine hundred stores. While seeking a buyer, some stores would close the fate of the company's eighty. Nine thousand employees is still undetermined. An evangelical American pastor held in Turkey on terrorism charges is returning to the US. After a Turkish court lifted house arrest on Friday, it's likely to ease tensions between the NATO allies. The court found Andrew Brunson guilty of aiding terror groups and sentenced him to more than three years in prison, but freed him because of time already served. Mr. Brunson had rejected the charges. Still ahead. We'll talk about hurricane Michael's arrival in North Carolina, which last month was pummeled by hurricane Florence. This is.

US Michael Rose Wall Street Journal hurricane Michael North Carolina Andrew Brunson Florence Virginia Charlie Turner Wells Fargo Florida New York wsj.com Morgan Chase Raleigh CNBC NATO Turkey
"wsj.com" Discussed on WSJ Tech News Briefing

WSJ Tech News Briefing

02:33 min | 1 year ago

"wsj.com" Discussed on WSJ Tech News Briefing

"Show you a map and you ask for you to videos and it will show you videos, things like that. It's a lot like your phone, honestly, just sort of available from across the room or around your house. I'm relatively skeptical of this entire product category, honestly, but Google at the very least doesn't have a camera on its and made clear during the presentation that they intentionally left off the camera because they want people to feel comfortable putting it in their house. I mean, I, I had the experience. I brought home Amazon's echo spot which is a sort of little version of the same thing, and it's intended. It even looks like an alarm clock in its intended to act that way. And it has a camera on it, and I put it next to my bed, and my wife just instantly was like, Nope. Absolutely not. And I think that's totally valid and we're, we're all honestly taking this little too seriously to not think hard before we put a camera that is connected to the internet in our houses. And again, Google to its credit didn't. But I think this whole idea of devices that do similar things that your other devices can already do but are sort of ambient available. It's interesting. I'm just not sure it's all the way quite there yet, but in terms of what works about it, it's it's designed to be very much a sort of universal controller for your smart home too. So you can just walk up to it and use it to turn off your smart lights, or open the doors or check your doorbell and things like that. And that's again, it's very Google. It's it's this thing where it's like, okay, you have all these disparate pieces and we're going to try and put it all together in a world. That makes sense for you. And that's kind of what Google does. Well, I'm just gonna go through some notes. Jotted down random notes, the pixel stand charger, whoa. I think the pixel sand weirdly enough was the most interesting and sort of ingenious new Google product. On the one hand, it's just a wireless charging standards. It sits, you know, vertical and you property phoned in and it is, and that's still feels kind of his. Charging his great. The really smart thing that it does is it'll actually sort of change what your phone does. It turns it into something like the home hub where you can talk to it from far away and it displays this Ambien information. And even Google said talking to people after the event about it that basically you already have screen. Why do you need another one? It's a big screen. If you buy the pixel XL it's barely smaller than the home of. And so if you put it on here, we can make it useful to you in the same ways. And it becomes kind of this different device depending on where it is, and I think that is it was something else too many random notes. I got here not enough time. It seems, but you can check out more from David at wsj.com fix much. Thank you more details at wsj.com on AWS. Stay app that is tech news briefing for now I'm Tanya boost. Does reporting from the newsroom in New York. Thanks for listening..

Google wsj.com New York Amazon David AWS one hand
"wsj.com" Discussed on WSJ What's News

WSJ What's News

01:58 min | 1 year ago

"wsj.com" Discussed on WSJ What's News

"That takes the company's a step closer, a big step closer to consummating their merger Wall Street Journal reporter, Ana Mathews has the details. But first here are some top stories. US stocks slid to their shortest decline in more than seven months on Wednesday with a broad retreat from the tech sector Wall Street Journal reporter. Mike worst horn says, near zero interest rates have fueled growth in tech stocks for the better part of a decade. For the most part, this is just a culmination of nine years of a massive increase in value that investors are just saying this can't continue with rates going higher. He says, investors remain split on whether this is a temporary blip or along. Feared reckoning heading into what's expected to be a strong third quarter earning season. The question is, are investors going to to notice that? Is that going to be enough to get them willing to buy some of these stocks that they were just selling on Wednesday, President Trump took aim at the Federal Reserve again on Wednesday over short-term interest rates at the close on Wednesday, the Dow had dropped eight hundred thirty two points or three point. One percent, the NASDAQ fell more than four percent. And the s. and p. five hundred fell three point. Three percent hurricane Michael made landfall in Florida as a category, four storm on Wednesday, just two miles an hour below the category, five threshold and the most powerful storm on record to hit the Florida panhandle forecasters, say parts of Florida, Alabama and Georgia could see up to a foot of rain for the latest on the storm, visit our website wsj.com or the w s j app. Senate Judiciary chair, Chuck Grassley is asking the Federal Trade Commission to investigate contracts between insurers and hospital systems. He wants the FTC to look into whether the contracts limit competition his letter to the commission cited a recent report in the Wall Street Journal that's occupied secret contract terms used by some hospital systems. AT and t..

Wall Street Journal reporter Federal Trade Commission Mike worst horn Florida Chuck Grassley Ana Mathews Federal Reserve AT Senate President Trump wsj.com Michael Georgia Alabama Three percent four percent
"wsj.com" Discussed on WSJ What's News

WSJ What's News

01:53 min | 1 year ago

"wsj.com" Discussed on WSJ What's News

"With what's news from the Wall Street Journal. I'm Anne Murray for totally in New York. This week's economic calendar brings some key indicators of inflation. Everyone's keeping a close eye on inflation on the. It'll definitely be interesting to see how that is faring as we had toward sand of the Wall Street Journal reporter, Harriet, Tori has the details, but first here are some top stories. Brett Kavanagh's confirmation gives the US supreme court. A conservative majority as Wall Street Journal reporter Brent KENDALL explains it remains to be seen how that majority will play out on major decisions before the nation's highest court. The real question thing to watch for now, as you know with this really five Justice, solid majority in place whether the court takes a hard right? Turn and medium, right? Turn or sort of a right turn in baby steps. But I mean, it does seem like no matter what we will. We will be headed and. More conservative direction of law says to question the gree for our full coverage of Kavanagh's confirmation, visit wsj.com or the w s j app. Ford says it plans to cut jobs as part of a reorganization of the company. The nation's number two carmaker by sales employs some seventy thousand salaried workers. Ford says, the job cuts should be decided by the second quarter of next year. Investors and analysts have been seeking more details on the reorganization plan from Ford, chief executive, Jim Hackett. E cigarette maker jewel has hired Washington insiders to help stave off a potential government crackdown on its products. The hires include former White House and food and Drug administration officials plus to DC lobbying firms. The FDA has threatened to ban flavored e cigarettes says, teen use of the device rises. That's touched off a national debate over whether e cigarettes are.

Wall Street Journal Ford Brett Kavanagh reporter Anne Murray New York Brent KENDALL FDA Jim Hackett US White House wsj.com Drug administration Washington Harriet chief executive Tori
"wsj.com" Discussed on Watch What Crappens

Watch What Crappens

03:26 min | 2 years ago

"wsj.com" Discussed on Watch What Crappens

"It is. Perfect. So. So judy's parents are like, well, you should get like a CEO or something to run this company since you obviously can't do it how I do that. And they're like, well, you have to go to find a head hunter. She's like, okay, Google. How do I find a head hunter? And so this poor, Google assistant, really, really overestimates capabilities. It's like, well, go to like wsj.com, aka Wall Street Journal dot com. And look under this tab. There's no way Judy is going. You're the Wall Street Journal. She's gonna turn into like a pillar of ash. If she ever like lays eyes on Wall Street Journal, there's a paywall to, she's going to have a real trip tough time getting through that. And so so she's so violent, like, you know how Google of learned your preferences and stuff. She's lucky. That's all it said for head hunters. 'cause they have been way worse researchers. It really could have been. And so I really wanna make this business work. I'm going to be a businesswoman and they cut to her on a notepad writing head-hunter company in huge letters that take up entire page. It's like. As short tank. Rational. We'll be alerting s. that she's ready to enroll. Okay. So then resident is is a shiny jacket. So everybody's gathering for a pre party for Jay. 'cause they're all going to be going to guess they go to Hollywood hookah. Well, you know, I have feelings about hookah hate, I hate it. Yeah, I do too. I'm not a big cook a fan. Yeah. So they go to the Hollywood Hooker, which is right. It's right nearby. It's on Hollywood Boulevard. So this place, obviously they were alerted that shadow sunset was coming through like, oh, my God Bravo's coming in. So they like put up some sort of like step and repeat Mylar Hollywood Hooker shit all over the walls of this cabinet cavernous space. So it looked like a high school gym in there. It was like a big space, these random couches and purple, and then all these wrinkled step and repeat patterns on the walls, the place. Let's so socially and so cheesy. And it was just like, the worst thing I've ever seen on TV. I felt like tyre thing. I was like, this is this is a nightmare. Felt so bad for those waitresses who had to get bottle service for these guys and then resins like sitting on the couch, the up is real. Is the baby. I'm like, oh, this is like everyone's nightmare of what they'll encounter at a club? Yes, this every time I go to this nice to time with my family and every night before I would go, I would have these nightmares of being stuck with this cast on the south west, you know, oh, man. Oh, so they're at this thing. He gives a big cheers thing and then MJ polls. Morgan assigned gives them James been pretending while except for one where she was awful, but she's been pretending to be this nice. Like, you know that I'm the wife of the household now classier than everybody, but she just lets slip. So she gets Morgan. She's like, Morgan. I really want you to be at the bachelorette Arctic because your vibe is like super positive, and also I can ruin your relationship much easier if Mike can't kick you out of a room. Yeah. Oh, also the ads are going fight it to the wedding, so you'll meet them there. So get prepared, messy, messy mess..

judy Wall Street Journal Google Morgan Hollywood CEO bachelorette Arctic wsj.com Jay Mike James
"wsj.com" Discussed on WSJ What's News

WSJ What's News

02:22 min | 2 years ago

"wsj.com" Discussed on WSJ What's News

"With what's news from the Wall Street Journal. I'm Anne Marie for totally in New York. The final week of August is busy one for economic data. I think the highlight of the week for us will be the consumer spending report that comes out on Thursday to also give us a sense of whether inflation continues to build their sides that that is happening. And this will give us a further peek into that Wall Street Journal reporter, Josh Mitchell has the details. But first here are some top stories, the life of Senator John McCain is being remembered after his death on Saturday, at the age of Eighty-one McCain died after battling an aggressive form of brain cancer of the at Phnom veteran who spent five and a half years as a prisoner of war McCain went on to become a six term Senator who rose to the top of the Republican party. And at times defied it McCain often showed his willingness to buck his own party at a Wall Street Journal conference. Last year. He was asked how he felt about suggestions to dismiss special. Well counsel, Robert Muller who is leading an investigation into possible collusion with Russia. I think it would be as explosive as anything I can think single act that the president might take, guess get NATO would be. Would be worse. But I mean he is highly regarded by Republicans and Democrats all of a sudden now I see Republicans who used to praise him to the skies pronouncing alway. He's not wear. How tell me what he's done, that would in any way inmate that this guy is not the one of the most trustworthy people in America. The journal has also created a video of McCain reflecting on his life and legacy in his own words for more coverage head to our website wsj.com or the w s j app. Tesla, chief executive. Elon Musk says the electric car maker will remain a public company. The announcement made on Tesla's website. Late Friday comes just seventeen days after musk, shocked investors by tweeting that he was considering taking the company private. He now says he's giving up on the idea following objections from shareholders. The demise of toys r. us wasn't just due to the rise of competition, namely from e commerce like Amazon. The Wall Street Journal's Gretchen morganson says after a disastrous holiday season, the company wanted to reorganize and suppliers were willing to keep filling shelves..

Senator John McCain The Wall Street Journal Elon Musk Robert Muller Tesla Anne Marie Republican party New York Josh Mitchell Amazon brain cancer Senator Gretchen morganson reporter Russia president wsj.com NATO chief executive
"wsj.com" Discussed on WSJ What's News

WSJ What's News

03:18 min | 2 years ago

"wsj.com" Discussed on WSJ What's News

"Tesla CEO. Elon Musk has been in the news recently because of his tweets, rats and interviews regarding himself in the company. It comes as Tesla's struggles with cash problems and its attempts to ramp up production of the model, three electric powered sedan, but Wall Street Journal hurt on the street columnist. Charlie grant says, Tesla's troubles are tied not to more recent developments, but to two decisions. Musk made back in two thousand sixteen Charlie joins us in our studio. Charlie, a lot has happened with tesla in two years. You point out in your article at wsj.com that tesla was on solid footing financially back in two thousand sixteen. Yeah. I mean they didn't make any money making their cars, but their balance sheet. I what you owe long-term to your suppliers. Bondholders and other stakeholders was much clear than what we see today and tesla had its financing much in much better control back. Then you say that to moves musk made led to financial. Problems and the current investigations by the securities and Exchange Commission. What did he do? Well, we know one aspect of the investigation is looking into Tesla's communications around the model three. And when you go back and read the shareholder letters that are official, a k filings with the SEC, they're pretty extraordinary Alon. Mosques told investors in the first quarter results of twenty sixteen. This came out back in may of that year that the model three was set to be the biggest consumer launch ever consumer product of any sort and a few months later and the next shareholder letter we learned that they have finally completed the design of this car, right? So the car coming before the horse in a big way here. So you know the excitement around that certainly helps the stock. It did wonders for their valuation, but now those issues are coming back to roost because the model three launch has been much more problematic than the company had communicated back then. And they are hitting production numbers that are good and improving, but nowhere close to what investors had been promised. But they seem to have been wildly optimistic. Mr.. Mosque said back, then he expected tesla according to what you write would make one hundred thousand two hundred thousand model threes in the second half of two thousand seventeen sending tesla shares up in the following year and how many floor four thousand. And so there is a safe harbor for communicating about the future because no one knows for sure what the future holds, but you don't see a company missed by this much in terms of what they're going to do in not that long term of a timeframe. So the miss was always very shocking to me. And then recently we've learned that regulators are looking into that and didn't Musk's tesla production forecasts end up saddling the company with a lot of debt because they took out two point or one point, eight billion dollars back in August twenty seventeen to finance this thing, and those bonds trade less than ninety cents on the dollar a year into issuance. And the same thing happened. With the move to absorb solar city, which was the solar panel, making company that tesla acquired, and the move was made to absorb solar city into the rest of the company. That's right. Elon Musk was the chairman still is, was the chairman of solar city and the largest shareholder and full. Of course, the chairman of tesla and the largest shareholder.

Tesla Elon Musk Charlie grant Wall Street Journal chairman CEO wsj.com Exchange Commission Alon SEC official eight billion dollars two years
"wsj.com" Discussed on WSJ What's News

WSJ What's News

03:54 min | 2 years ago

"wsj.com" Discussed on WSJ What's News

"Wall Street Journal continues to follow the securities and exchange Commission's investigation into tesla, including whether chief executive Elon Musk, misled investors. When he tweeted about taking the company private for the very latest on this story had to our website wsj.com or the s j app a judge in California has rejected large parts of the government's lawsuit against satellite TV, giant direct TV the Federal Trade Commission, alleges direct TV didn't adequately disclosed the fine print on its temporary promotional prices. The ruling doesn't entirely end the case, but the judge said the FTC's hopes of obtaining restitution. The government was seeking nearly four billion dollars were quote, substantially cur tailed. The Trump administration is moving to sue opioid companies in a federal lawsuit, separate from the actions more than a dozen states have taken against drugmakers. President Trump asked attorney gen. Barrel Jeff Sessions to take action and investigate synthetic opioids sentinel coming into the US from China and Mexico, more than a dozen states have filed lawsuits against drug companies, including Purdue pharma Johnson and Johnson, and Teva pharmaceuticals over the opioid epidemic up. Next, why changes to the Oscars or facing significant backlash? This is what's news from the Wall Street Journal. Thanks for listening. The decision to add a popular film category to the Oscars isn't going over. So well, the academy of Motion, Picture, Arts and sciences announced the change earlier this month. And so far despite scant details, it's getting a lot of criticism joining us now via Skype from Los Angeles to talk more about the backlash is Wall Street Journal, reporter, Eric, Schwartz, all so Eric, so far, we don't know too much about how this category is going to work, but what do you know about what's behind the academy's moved to make this change in the first place falling ratings? The academy has been struggling in recent years with telecast that is losing popularity and executives at ABC IRA learned in reporting. This story have been pressuring them to do something to fix it. They've had these annual post mortems where they get together and they look at what happened at the show was good. Was it bad? And. Year show the one that one that occurred in February was the lowest rated telecast of all time. And ABC came to the academy and said, you need to do something to fix this, and the changes that the academy has proposed might satisfy some executives at ABC, but they have definitely not satisfied people in Hollywood. Let's talk more about that. Why don't Hollywood insiders like this change in part because I think there's still a lot of confusion as to how it will work. So the most backlash has been reserved for the idea of introducing a best popular film category, and we don't quite know what would qualify as popular film. Would it be judged on box office or audience scores that kind of thing, or even if it would be voted on by the general public, but a lot in Hollywood and members of the academy, I spoke to say that this could really diminish the the sheen and the prestige of winning an Oscar. But in recent years we've observed the the best picture Oscar is not going. Two movies that a lot of people in the US have seen sometimes they're very critically acclaimed, but their box office is a fraction of some of the bigger blockbusters that also come out in the same year. Eric. I would think that filmgoers in general, might be more amenable to a change where they'd get a say in a way in the awards, but that doesn't seem to be the case. There are some critics among the general public as well. I think that is one major source of confusion is we don't know if this category will be reserved for an American idol style vote..

Wall Street Journal Eric FTC Elon Musk Hollywood US ABC Oscar academy of Motion ABC IRA tesla President Trump California Teva pharmaceuticals Johnson exchange Commission wsj.com chief executive Los Angeles Arts and sciences
"wsj.com" Discussed on WSJ What's News

WSJ What's News

01:56 min | 2 years ago

"wsj.com" Discussed on WSJ What's News

"Wall Street Journal reporter, Josh Mitchell joins us with more in just a moment. I, these news headlines President Trump says the US and the EU have reach. A new phase in their relationship and will work together to resolve trade disputes. He made those comments from the White House on Wednesday alongside European Commission, president Jean-Claude Yonker calling it quote a very big day for free and fair trade for the latest head to our website wsj.com or the WSJ app. Facebook reported slower than expected revenue growth in the second quarter. Its first full quarter since the Cambridge analytic scandal, despite greater scrutiny of the social networks handling of user data, the number of Facebook's daily, active users held steady in the US and Canada at one hundred eighty five million. It fell slightly in Europe to two hundred seventy nine million that drop may be due in part new privacy laws overseas. The makers of an experimental Alzheimer's drug say it's shown progress in slowing the worsening of the disease. As I am Biogen say, patients who received the highest dose of the drug exhibited thirty percent less decline than those taking a placebo over the course of eighteen months. But outside experts, say, additional testing of the drug is still needed. Mattel says it's cutting a quarter of its manufacturing workforce about twenty two hundred jobs amid greater losses and slower sales in its earnings report on Wednesday. Mattel, reported more than two hundred forty million dollars in losses and a fourteen percent sales declined from the previous year. The company like its rival Hasbro also took a hit from the liquidation of toys r. us. Mattel is also planning to sell its manufacturing sites in Mexico to help cut costs..

Mattel Facebook US Wall Street Journal Trump president Jean-Claude Yonker Josh Mitchell President Hasbro EU Alzheimer reporter Europe wsj.com White House Mexico Cambridge European Commission Canada