Following two deadly crashes involving Boeing's 737 Max 8 jetliners, the US Securities and Exchange Commission has reportedly opened an investigation into the company.The SEC is probing whether Boeing properly disclosed issues with shareholders about the aircraft before the wrecks, Bloomberg reported Friday.The SEC is also looking into the aircraft manufacturer's accounting to ensure financial statements are accurate, anonymous sources told Bloomberg.The SEC declined to comment.The 737 Max planes have been grounded and under intense scrutiny since two deadly crashes killed 346 people.On March 10, Ethiopian Airlines flight 302 crashed 40 miles from the airport, 6 minutes after it left the runway, killing 149 passengers and eight crew members.
Amazon is reportedly working on new technology which will be able to detect users’ emotional state by analysing their vocal patterns.According to Bloomberg, the tech giant is working in collaboration with Lab126 to create a wearable device, which would be paired with a smartphone, to perceive emotions of the user.With eyes on 2017 patent that uses vocal pattern analysis to determine someone’s emotional state, the insight could be used through various health and wellbeing products, or even in the online advertising world.This is perhaps one of the trickiest aspects of hyper-targeted advertising or personalisation.Context is king when it comes to serving people relevant adverts or products, though this not only depends on browsing history or financial circumstance, but also the emotional state of that individual at that time.For example, an individual might have searching for new trainers or workout gear over the last few weeks, but if they are feeling frustrated, presenting an expensive gym membership at that point is unlikely to be the most profitable exercise.
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It looks like Amazon may be preparing to enter the wearable game.While one of the Apple Watch‘s marquee features is its heart monitoring, the upcoming Amazon wearable may track something else — the wearer’s emotions.The report first came from Bloomberg, which noted that the upcoming wearable would be wrist-worn and voice-activated — as you might expect from an upcoming Amazon device.The device is reportedly being developed by Amazon’s Lab126, which has been responsible for products like the Kindle, Fire Phone, and Echo.Other details include the fact that the device will reportedly sync with a smartphone app.So how exactly will the device track emotions?
It looks like Amazon is working on a new Alexa-powered gadget that can listen to you and decide how you feel, and make recommendations based on your human emotions.Bloomberg could not say whether the testing in question “includes prototype hardware, the emotion-detecting software or both.” The report does say that the device is a “wrist-worn gadget” being developed in collaboration with Lab126, the same company that helped develop the Echo and the Fire phone (LOL).As the lifelike drawing above illustrates, a sick woman could arrive home, cough, and say she’s hungry.Alexa would tag her as “sick” and then recommend chicken soup.Alexa could even offer to order lozenges from Amazon in an effort to ease the human’s malaise.The Alexa workflow, according to the same drawing, might look a little bit like this:
Amazon is already neck-deep in the world of smart assistants with Alexa, but today we’re learning that it may be working on new technology that will make these AI assistants quite a bit more capable.Amazon is said to working on a new wearable device that can discern human emotions, and while it would indeed be pretty cool if it was able to pick up on human emotions accurately, it’s sure to spark an entirely new privacy debate.After all, Amazon and Alexa have both been in the news lately for unsettling reasons.Last month, Bloomberg reported that Amazon has a team of humans listening to and annotating voice clips from Alexa users in an effort to improve the AI, bringing the issue of privacy front and center once again.If an AI assistant like Alexa is capable of learning your emotions and using that to make product recommendations, is that a step too far?That’s a question we’re going to have to confront if this wearable ever makes it to market.
Amazon is reportedly working on a health and wellness device that could figure out how you feel before you do.The e-commerce giant detailed a voice-activated wearable device that can recognize human emotion, according to internal documents obtained by Bloomberg.The wrist-worn gadget reportedly pairs with a smartphone app and uses microphones to decipher your emotional state based on your voice.The technology could eventually help people better interact with others, according to Bloomberg.It's unknown how far along Amazon is on the project, code-named Dylan.Bloomberg cited an anonymous source "familiar with the program" who said a beta testing program is underway, though it's not known whether the test includes the wearable device, the emotion-detecting software or both.
Amazon is working on a wearable gadget that can understand a user's emotional state, according to Bloomberg.The device would discern a wearer's emotions by analyzing the sound of his or her voice.Thanks to the popularity of Amazon's Alexa virtual assistant and its online shopping hub, the company likely already knows a great deal about you — including your online purchases, the music you listen to, your address, among other things.But soon enough, Amazon might be able to discern your emotional state, too.The online retail giant is reportedly working on a new wrist-worn gadget that can recognize human emotions, according to a new report from Bloomberg.The software present on the device would be capable of understanding the wearer's emotional state based on the sound of his or her voice, says the report, citing internal Amazon documents and a person familiar with the situation.
Photo by Dan Seifert / The VergeIn a week of eyebrow-raising headlines surrounding the US-China trade spat, this latest report from Bloomberg still manages to stand out: Amazon is said to be working on a wrist-worn, voice-activated device that’s supposed to be able to read human emotions.This would be a rather novel health and wellness gadget, of the sort we’re more used to seeing feature in tenuous crowdfunding campaigns instead of from one of the world’s biggest tech companies.Bloomberg has reviewed internal Amazon documents, which reportedly show the Alexa voice software team and Amazon’s Lab126 hardware division are collaborating on the upcoming wearable.Lab126 has already been responsible for the Kindle, the Fire Phone, and the Echo speaker that first introduced Alexa to the world, and a report last year suggested the group is also developing a home robot.The unifying thread to all of Amazon’s hardware efforts right now is to build out an ecosystem of Alexa-capable devices, with the rumored robot making Alexa more mobile and the alleged emotion-sensing wearable giving the voice assistant access to a whole new dimension of user awareness.
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Right now, GAC and Zotye are two Chinese automakers locked in a battle to see who will penetrate the US market first.Both companies have spent years trying to make it happen, but neither has yet, and it appears GAC might be even further from the US than it hoped.GAC Motor will once again postpone its entry into the US market, Bloomberg reports, citing confirmation from the automaker.In a statement to Bloomberg, GAC explained its reasoning, including "the escalation of China-US trade frictions" and other "uncertainties."Bloomberg reached out to other Chinese automakers with dreams of entering the US, including Geely (Volvo's parent company) and Great Wall, but neither would say if they are adjusting their plans for the US given the ongoing trade disputes.This isn't the first time this year that GAC has pushed things back.
The most valuable startup in the world is planning to launch a streaming music app.It will likely come out in “poorer countries” that don’t have large streaming music audiences yet, as Bloomberg so gracelessly put it.South China Morning Post first wrote last month that Bytedance was building a Spotify-like app, but the article was short on details.Bloomberg’s sources asked not to be identified as the company has not yet announced the music service.TechCrunch also confirmed with familiar sources the app is coming “as soon as end of this quarter.” Bytedance did not respond to a Gizmodo request for confirmation that it is launching the app.The app seems to be more than just a WeChat or WhatsApp duplicate – it can also be used for delivery orders, ride-hailing, and money exchange.
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The U.S. government believes E.U.countries are waking up to the threat Huawei’s 5G infrastructure poses, according to Bloomberg.In an article published yesterday, Bloomberg quoted an anonymous official as saying “the U.S. anticipates that many nations will effectively bar the company’s equipment from their next-generation telecom networks.” The official said an outright ban on Huawei was unlikely to happen, however.The official also didn’t name specific nations.The U.S. has been rallying Western allies against Huawei, suggesting the Chinese tech firm’s ties to its government poses a security risk.The U.S. believes Huawei would be able to leverage its 5G mobile networks and devices to spy for the government.
European Chipmakers to Keep on Supplying Huawei After Trump Ban – BloombergWhat happened: German chipmaker Infineon on Monday said it would continue to supply Huawei with components following a Nikkei report saying it would need to halt deliveries of products originating in the US due to a Trump administration blacklist of the telecom giant last week.An Infineon spokesman said most products it delivers to Huawei are not subject to US restrictions.The company is one of Europe’s biggest chipmakers and said it could make adaptions in the international supply chain to ensure deliveries.Another European semiconductor company AMS also maintained that it would continue business relations with Huawei.Why it’s important: Shares of Infineon, whose annual sales to Huawei account for 1.3% of its sales according to Bloomberg, fell as much as 6% in Frankfurt on Monday following the reports.
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Additional sources are confirming that ByteDance, the company that owns TikTok, is in the process of developing a paid music streaming service, according to Bloomberg.There was talk of ByteDance developing such a music streaming app back in early April.At the time, sources told the South China Morning Post that the company planned to launch the service “soon” and that over 100 people were working on it.ByteDance’s service is rumored to launch this fall with a focus on emerging markets.Exact territories aren’t named, but Bloomberg says the company will target “mostly poorer countries where paid music services have yet to garner large audiences.”There isn’t much information about the app yet, except that it will offer a catalog of songs and videos on-demand, will have both free and paid tiers, and, according to Bloomberg’s source, “isn’t a clone of Spotify or Apple Music.” ByteDance has acquired a tremendous user base in a short amount of time, thanks to smart acquisitions and the explosion of TikTok’s popularity, and it’s been working on all kinds of new apps to find its next hit, including a Slack work messaging competitor called Lark and a Snapchat clone named Duoshan, but a music streaming service might be a more direct way to convert a portion of the TikTok audience into paying subscribers.
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Huawei apparently sought out partners for its own app store in 2018.The embattled Chinese phone maker tempted app makers with the prospect of getting a foothold in its home market, the most populous country in the world, if they created software for its App Gallery, Bloomberg reported.Huawei told them it'd have 50 million Europeans using its app store rather than Google Play Store (which its phones use to download apps outside China) by the end of 2018.The company didn't immediately respond to a request for comment.First published at 5:03 a.m. PT.Updated at 5:18 a.m. PT: Adds more detail.
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TikTok Owner to Challenge Spotify and Apple With Music Service – BloombergWhat happened: Bytedance, which owns short video app Douyin or TikTok, and news aggregator Toutiao, is planning to launch a new music streaming app as early as this fall.The app, which will include on-demand music and video features, may challenge platforms like Apple Music and Spotify.However, Bytedance is looking to target users in emerging markets where paid music is still nascent.The company has already secured rights from two of the largest music labels in India.Why it’s important: Bytedance has developed several apps that have found success internationally and garnered hundreds of millions of users.
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The team-up announced last week between gaming’s eternal blood rivals, Microsoft and Sony, came as a surprise to many — including, apparently, Sony’s PlayStation team.Other industry whispers suggest that Nintendo might also be considering a team-up with Microsoft.And while it sounds like blasphemy, the three companies do know each other far better than they know any potential interlopers.When the news hit, the employees who worked on the PlayStation (and the upcoming PS5) were “caught off-guard,” and “[managers] had to calm workers and assure them that plans for the company’s next-generation console weren’t affected.” I would assume that means workers had the immediate suspicion most people had: would Xbox and PlayStation start crossing over?The answer to that is almost certainly “no.” The console and the game streaming service are two different things, and Microsoft’s Azure being used to prop up PlayStation Now (the in-house streaming service) isn’t the same as making an Xbox game run on a PlayStation.A new rumor from industry analyst Dave Gibson suggests Nintendo could also be turning to Microsoft for streaming solutions.
The US Department of Justice may try to put the kibosh on T-Mobile's merger with Sprint, according to a report from Bloomberg.Unnamed sources close to the DOJ told Bloomberg the agency isn't satisfied with concessions that were offered to get the deal done because they don't go far enough to resolve antitrust concerns.T-Mobile agreed to include build-out requirements to ensure 5G deployment in rural communities, a promise to offer a wireless home broadband solution that could be a wireline substitute, and the divestiture of the prepaid brand Boost Mobile.The company didn't agree to any conditions that would result in the divestiture of wireless spectrum nor did the companies agree to conditions around its wholesale business or roaming arrangements with rural carriers, which were concerns that had been raised by critics of the deal.The news comes just hours after FCC Chairman Ajit Pai said he was giving the deal his blessing, because it would help further the agencies two main objectives: closing the digital divide in rural America and advancing the US leadership in 5G.Google Assistant gets to know you better: A new "Personal references" feature allows your phone and smart speaker to remember extra contact details and makes personalized recommendations.
What Microsoft and Sony’s streaming partnership means for gaming’s futureFollowing Microsoft and Sony's surprising announcement of a cloud gaming partnership last week, Bloomberg has a bit of behind-the-scenes analysis that uses unnamed insider sources to explain how the deal came about.Though Sony confirmed to Bloomberg that talks between the two console giants had been going on since last year, the announcement still caught rank-and-file employees at Sony off guard, according to Bloomberg's sources."Managers had to calm workers and assure them that plans for the company’s next-generation console weren’t affected," as Bloomberg summarizes the view from inside the company.PlayStation Now updated with PS4 game support—and a hint at its futureSony has already spun its 2012 purchase of streaming gaming company Gaikai into over 700,000 subscribers for its cloud-based PlayStation Now service, which launched in 2015.
While the U.S. Federal Communications Commission (FCC) appears likely to approve the proposed merger of third- and fourth-place wireless carriers T-Mobile and Sprint, the Department of Justice is reportedly still leaning against approval due to unresolved antitrust concerns, Bloomberg reports.As it has potential impacts on both telecommunications and broader consumer competition, the $26.5 billion merger requires sign-offs from both federal agencies, and even their approval wouldn’t foreclose the prospect of state-level opposition.Earlier today, FCC Chairman Ajit Pai signaled his support for the deal after over a year of fact-finding and public comments, noting that the commission had secured the carriers’ agreement to quickly make 5G services available to nearly all U.S. customers — 97% of the population within three years — with multi-billion-dollar penalties for shortcomings.But as Bloomberg notes, Justice Department antitrust head Makan Delrahim could still oppose the deal if he finds that the merger would hurt competition in the wireless sector and raise consumer prices.The agency reportedly feels that the carriers’ promises to the FCC haven’t gone far enough to resolve those concerns.In addition to making coverage commitments, T-Mobile and Sprint have committed to divesting prepaid carrier Boost Mobile to win regulatory approval, and to holding current service prices constant for a period of three years — a pledge that is generally understood to require that the carriers’ 5G prices remain the same as their 4G prices.
Banking behemoth JP Morgan Chase & Co. has taken another shot at Bitcoin, BTC claiming the cryptocurrency‘s latest rally has pushed its price beyond its “intrinsic value.”“Over the past few days, the actual price has moved sharply over marginal cost,” JPMorgan analysts wrote in a note obtained by Bloomberg.“This divergence between actual and intrinsic values carries some echoes of the spike higher in late 2017, and at the time this divergence was resolved mostly by a reduction in actual prices.”To come to this conclusion, the JP Morgan team treated Bitcoin as a commodity, calculating its “cost of production” based on a number of factors, including estimated computational power, electricity expense, and hardware energy efficiency.“Defining an intrinsic or fair value for any cryptocurrency is clearly challenging,” the analysts continued.“Indeed, views range from some researchers arguing that it has no fundamental value, to others estimating fair values well in excess of current prices.”
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