- Kanye West covers his laptop camera with tape
- US veteran who survived blast in Afghanistan receives first penis and scrotum transplant
- DIGITAL ENGAGEMENT AND THE CONNECTED CAR: How cars are transforming into digital platforms and opening an entirely new channel for service providers
- A new 'DOOM' movie based on the classic video game franchise is in the works
- Google-parent Alphabet is rising after its earnings report (GOOGL)
- A doctor’s office that charges $150 a month and doesn’t take insurance just raised millions to make it the future of medicine
- Apple is reportedly working on a pair of smart glasses — here's what it might look like (AAPL)
- Apple sells 5 different types of iPad and it's hard to choose — but there's one that's best for most people (AAPL)
- LIVE: Google Alphabet beats revenue targets, but shares hovering near closing price (GOOG, GOOGL)
- How to use Google Duo, the video calling app that's better than Apple's FaceTime and works on any phone (GOOGL, GOOG)
- Airstream's newest trailer is a big departure from its iconic designs
- Netflix sinks after saying its going to issue $1.5 billion of junk bonds (NFLX)
- I accidentally ran over the Samsung Galaxy S9 with my car – and it's still as good as new
- Kanye West is watching a TED Talk from the Google exec who predicted that computers will become super-intelligent by 2030 and humans will live forever by 2045
- Vintage EPA photos reveal what Midwestern industrial cities looked like before the US regulated pollution
- How a tiny camera startup is taking on Amazon and Google
- Facebook just published a message for its users: No, you're not the product (FB)
- Google gave a misleading answer if you asked for the 'Avengers: Infinity War' release date
- A man was Tasered on an American Airlines flight after police say he touched a female passenger inappropriately (AAL)
- A crypto trading platform has raised $10 million from a Japanese investment giant to go head-to-head with a big business on Wall Street
Posted: 23 Apr 2018 02:15 PM PDT
There's a lot to notice in the short videos, and Kanye may just be stoking the fires of controversy for the fun of it. But wait a minute...
Let's zoom in:
On the laptop Kanye is watching, it definitely looks like he's placed tape over the MacBook's camera.
It's a fairly paranoid move — but for someone of Kanye's stature, it may make sense. Kanye has more security concerns than a normal performer. In 2016, he and his wife Kim Kardashian were robbed in Paris after the thieves identified valuables they had while traveling through Instagram. When it comes to laptop cameras specifically, tech companies promise that their security would prevent a hacker on spying on you that way, but security experts insist it's theoretically possible.
Kanye joins other massive celebrities who tape over their webcams, including former FBI director and NYT bestselling author James Comey, and Facebook CEO Mark Zuckerberg.
Posted: 23 Apr 2018 02:14 PM PDT
Doctors at Johns Hopkins University say the transplant included the scrotum and part of the abdominal wall. They say the patient had the highly experimental transplant last month in a 14-hour operation, and the patient is recovering well and expected to leave the hospital later this week.
"We are hopeful that this transplant will help restore near-normal urinary and sexual functions for this young man," W.P. Andrew Lee, M.D., director of plastic and reconstructive surgery at the Johns Hopkins University School of Medicine, said in a press release.
The patient, who asked not to be identified, had survived a blast in Afghanistan a few years ago that devastated his groin and pelvic region.
"It's a real mind-boggling injury to suffer, it is not an easy one to accept," the veteran said. "When I first woke up, I felt finally more normal… [with] a level of confidence as well. Confidence… like finally I'm okay now."
Three other successful penis transplants have been performed, two in South Africa and one in 2016 at Massachusetts General Hospital. But those transplants involved only the penis, not extensive surrounding tissue that makes such surgery for combat wounds more difficult.
Posted: 23 Apr 2018 02:01 PM PDT
This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.
Media consumption is at a saturation point. After rising for much of the last decade, total digital time spent has been nearly static since the start of 2015. As a result, it's increasingly difficult for content producers to win over minutes of consumers' time.
One platform, though, is poised to move the needle and provide a new avenue to boost digital time spent: the connected car. Consumers will spend more time in cars that offer a range of connectivity options, giving them the chance to use the services they know and love in the car.
The key question for service providers is how to take advantage of the connected car by integrating their services into this growing platform.
In a new report from Business Insider Intelligence, we provide a roadmap for service providers looking to offer their services in the car. We analyze media consumption and overall digital time spent trends, and then forecast the growth of the connected car market in relation to the digital time opportunity. Finally, we propose potential routes that service providers can take to get into connected cars and ride-hailing vehicles.
Here are some of the key takeaways:
In full, the report:
Posted: 23 Apr 2018 01:29 PM PDT
Unlike the 2005 film starring Dwayne "The Rock" Johnson, the new incarnation of "DOOM" won't head to the silver screen: It's a Universal 1440 Entertainment production, meaning it's a film made for home viewing.
That means a streaming service like Amazon or Netflix or Hulu could get the new movie, but it's unclear at this point and far too early to know — it hasn't even begun shooting yet, it looks like.
"Wow I’m doing the next “Doom” movie [with] Universal Pictures!" actress and singer Nina Bergman tweeted recently. "I just signed all the paperwork. I get to go back to Bulgaria again and work with some of my favorite people."
Universal has since confirmed the project's existence to Variety — it's not clear what the movie is called, when it's planned for release, or who else is in it.
The "DOOM" video game franchise is currently experiencing a renaissance of sorts, with the 2016 reboot (seen above) receiving glowing praise from critics and equally glowing sales numbers.
But the last time a film adaptation of "DOOM" was attempted, it failed miserably. Even the movie's main star regards it as a "stinker:
That said, we're talking about fertile content for adaptation here: A comically violent, silent space marine rips through thousands of snarling demons, purely to satisfy his own anger. He travels from the moons of Mars to the depths of Hell in order to do so.
The 2016 game used this aggressively silly premise to indulge in some of the most brilliantly idiotic storytelling in video game history. Whether the upcoming film will successfully walk that line remains to be seen.
Posted: 23 Apr 2018 01:24 PM PDT
Shares of Alphabet, the parent company of Google, surged as much as 4% after the company reported first quarter earnings that beat expectations, but then quickly retreated back to gains of less than 1%.
For the first quarter of 2018, the search engine giant posted adjusted earnings of $13.33 per share where analysts had expected $9.30, on revenues (ex-traffic acquisition costs) of $24.9 billion, where analysts had expected $24.5 billion.
"Our ongoing strong revenue growth reflects our momentum globally, up 26% versus the first quarter of 2017 and 23% on a constant currency basis to $31.1 billion," said CFO Ruth Porat in a press release. "We have a clear set of exciting opportunities ahead, and our strong growth enables us to invest in them with confidence."
Shares of Alphabet are flat for 2018 so far as worries about online privacy and regulatory risks weigh on the stock.
"If there is structural risk rising to the leading Internet Platforms, it is likely to come from government," RBC Capital Markets analyst Mark Mahaney said in a note ahead of the earnings report. "And that risk does seem to be rising. Based on numerous discussions with investors, we believe the market may be under-appreciating the regulatory risk facing GOOGL."
This is the first earnings season since the Tax Cuts and Jobs Act was signed into law by President Donald Trump. Like many other companies reporting this quarter, Alphabet said its effective tax rate dropped, from 20% last year to 11% for the first quarter.
The report was also Wall Street's first look into Google's Nest business, the smart-thermostat and other digital home appliances maker that it bought for $3.2 billion in 2014. The unit $112 million in revenue in the first quarter of 2018, it said.
SEE ALSO: LIVE: Here come Alphabet's Q1 earnings
Posted: 23 Apr 2018 01:19 PM PDT
Entering Parsley Health's offices in New York's Union Square area, you might not feel as if you're headed to the doctor.
The practice, housed in a WeWork building, has the feel of the startup space complete with succulents and a kitchen. The first clue you're in a medical practice comes from a room filled with supplements and other supplies and a massage table that sits on the side of an office.
Parsley Health, which got its start in 2016 and now has centers in Los Angeles, San Francisco in addition to New York, is the only medical practice located in WeWork. The practice is focused on functional medicine, a type of practice that tries to take a more comprehensive approach at treating the underlying cause of a particular disease, looking at it more holistically than on a case-by-case basis. For a monthly fee of $150 you get not just primary care visits but nutrition plans, supplement regimens, along with more in-depth genetics and microbiome testing.
"We know that the social determinants of health are stronger much more than the genetic determinants, and yet that really doesn't have a place in conventional medicine and actual clinical care," Dr. Robin Berzin, Parsley Health's CEO told Business Insider. "I saw the world of functional health and how extremely extraordinary the outcomes were, how powerful this was, what the demand was for it, and yet I didn't see anyone applying a truly affordable model to it."
Parsley Health's approach of offering care for a monthly fee is similar to direct primary care, a small but fast-growing movement of pediatricians, family-medicine physicians, and internists. This group doesn't accept insurance, and instead charges a monthly membership fee that covers most of what the average patient needs, including longer visits and prescription drugs at much lower prices.
Direct primary care practices are growing in popularity at a time when high-deductible health plans are on the rise— a survey in September 2016 found that 51% of workers had a plan that required them to pay up to $1,000 out of pocket for healthcare until insurance picks up most of the rest.
In April, Parsley Health raised $10 million in its series A round from investors including FirstMark Capital, Amplo, Trail Mix Ventures, Combine, and The Chernin Group. NYC-based entrepreneurs including Flatiron Health's Nat Turner, and Warby Parker co-founder Dave Gilboa joined in the round as well.
How it works:
The functional medicine approach intends to go beyond just giving patients more time with their doctors, to incorporate wellness and other components that get people excited to participate.
"They want to be prescribed nutrition as readily or if not more readily as medication. They want someone to investigate and figure out their chronic issue and help resolve it," Berzin said.
That includes having an Instagram presence. Parsley Health's account, which has 21,000 followers, is complete with workout shots, healthy meals, and aspirational quotes — not something you see every day from a medical practice.
So far, the American Academy of Family Physicians, which represents 129,000 family medicine doctors, hasn't found sufficient evidence for doctors to use functional medicine in family practice, though the organization in March said it will allow for certain courses to educate doctors about how to talk to patients about it.
The $10 million in funding will be used to bring on more engineers to build more technology that can tap into the data Parsley Health collects from patients, Berzin said. It's also going to be used to help Parsley Health build its own clinics outside of WeWork.
NOW WATCH: How gross are your earbuds?
Posted: 23 Apr 2018 01:05 PM PDT
For years now, we've been hearing that Apple is working on a pair of smart glasses powered by augmented reality.
Augmented reality (AR), for those unfamiliar, lets you see virtual images in the real world.
Apple's smart glasses probably won't be ready until around 2020 at the earliest, but if you're wondering what that might look like, the popular freelance and crowdsource marketplace Freelancer.com recently held a contest asking designers to dream up a pair of Apple-made smart glasses. The competition featured 60 entrants and a $250 prize.
Here are the best Apple smart-glasses concepts we saw from the design contest:
The winner of the contest was 31-year-old Renan Moreno from Brazil, who came up with this Apple smart-glasses concept that would provide an "unmatched gaming experience."
We're guessing the ski goggle-like set up on the bottom is for a fully immersive virtual reality gaming experience, and the glasses at the top are for everyday use and maybe some casual gaming.
The first runner-up was this concept from 26-year-old Kervin Tuazon of Marikina City, Philippines, who was clearly inspired by Apple's Magic Mouse.
The second runner-up was this Apple smart-glasses concept from Kelly Echavarria Toro, a freelance designer from Antioquia, Colombia, who imagined a completely immersive AR headset that combines both high-end audio and visuals.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 12:42 PM PDT
This past weekend, I was asked what should be a simple question by a friend: “Which iPad should I buy?”
It turns out, for many people, buying a new Apple iPad is anything but simple. “There are just so many of them,” he lamented.
He’s not the only person to be confused by the proliferating iPad lineup. You now have the iPad (6th generation), iPad (5th generation,) iPad Pro with a 10.5-inch display, iPad Pro with a 12.9-inch display, and the iPad Mini 4 — that’s a lot to choose from, even if you just want an iPad to do iPad things with.
The good news is that any iPad can surf the web, send emails, and install apps. The trick is to know exactly how much iPad you need, so you’re not paying for specs or features you might not use.
These iPads are ranked in order of what is most likely the best fit for you.
1. iPad 6th Generation
Who’s it for? Anyone who needs an iPad for home or light work at the best value.
Starting at: $329 for 32GB
Why this iPad? This iPad — just iPad — can browse the web, play games, and check social media, and the price is right. This year, it also got Pencil support, so you can use it to draw or take notes. The 9.7-inch screen is nearly the same size as a sheet of paper, so it also makes a great reader.
Any drawbacks? It’s not as powerful as the iPad Pro and doesn’t have the connector for Apple’s Smart Keyboard, although it works just fine with third-party keyboards like Logitech.
2. iPad 5th Generation
Who’s it for? Anyone who needs the best deal on an iPad.
Why this iPad? You’re not gonna find a better deal on a new or almost-new Apple tablet.
Any drawbacks? It was released in March 2017, so it’s using last year’s chip, and it doesn’t support Pencil, Apple’s stylus.
3. iPad Pro, 10.5-inch display
Who’s it for? Designers, artists, and professionals who might want to cut video or get work done on the road. This is probably the iPad to buy if you want to replace a laptop and cost is no object.
Starting at: $649
Why this iPad? Because it’s Apple’s most powerful iPad in the roughly-the-size-of-a-piece-of-paper tablet category. It also works with Apple’s own Smart Keyboard for the iPad, in case you wanted an Apple-designed keyboard. The screen is slightly better than the less expensive iPads.
Any drawbacks? At $649, it’s pricey if all you want to do is surf the web and watch Netflix. Don’t trade up to this model unless you know you need the power or really want Apple’s keyboard.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 12:25 PM PDT
Shares of Google initially popped over more than 4 percent in after-hours trading but then fell back to around the price it closed regular trading.
Here are the key numbers Wall Street was looking for, according to Bloomberg estimates:
Google said in February that it planned to roll the Nest unit, maker of smart-home unit back into "other revenues"category, with the rest of Google's hardware products, such as the Pixel phone and Home smart speaker. This category reported $4.3 billion, up from $3.2 billion during the first quarter in 2017, or a 34 percent increase.
Shares of Alphabet Inc., have fallen about 9% over the past three months, as worries about online privacy and regulatory risks weigh on the stock.
Wall Street was eagerly waiting to see whether YouTube, the company's dominant video service, continues to drive revenue growth. Revenue from non-advertising businesses, such as Google's cloud unit and its fledgling hardware group, will also be under the spotlight.
Business Insider is covering the earnings results live as they cross the wire, so hit refresh or click here for the latest details.
Posted: 23 Apr 2018 12:06 PM PDT
A few months ago, my older sister made a life change that was met with animosity among the rest of my family members: she switched from an iPhone to a Google Pixel 2.
Now, I'm a huge fan of the Pixel 2. It's my favorite Android phone on the market, and I'm considering making the switch once I pay off my iPhone 6s.
My problem was that my sister lives nearly 400 miles away from me, and she has two young kids. By switching to an Android phone, she seemingly eliminated the easiest way for me to talk to my 2-year-old niece. That niece, by the way, is also a FaceTime devotee. Whenever my sister tries to call me the old-fashioned way, she says, "No, Mommy. FaceTime!"
Luckily for my niece and I, though, Google thought of a solution for people in a cross-platform relationship: a video calling app called Google Duo.
Duo is a free app that works on both iPhone and Android phones. It comes standard on the Pixel, and all I had to do was take two minutes to download it for iPhone from the App Store.
These days, my sister and I can video chat whenever we please. Here's how it works:
When you first open Google Duo, it looks totally different from FaceTime.
Duo is a little startling at first, because you see live video of yourself up top. Underneath, you'll see your recent conversations, along with all the people you know who have the app.
When you scroll down, you'll see all your contacts who don't have Duo. If you see someone you want to chat with, you can quickly invite them to the app.
To call someone, just tap on their photo. Another thing that makes Google Duo different: you can enable the option to let the other person see your live video while the call is dialing.
This feature is both creepy and cool at the same time. When I called my sister last week, my video was on her screen before she even picked up (although I couldn't see her yet).
Once the other person picks up, Google Duo looks a lot like other video calling apps. The other person's video takes up the majority of the screen, and your own video will appear in the corner.
There's one major design difference between Duo and FaceTime: your video is in a round bubble rather than a rectangle.
This certainly looks better than FaceTime, but it can be hard to tell what's in the frame or what the other person can see during your call.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 11:57 AM PDT
But last week, the company launched its first-ever fiberglass production model: Nest by Airstream.
Nest, which can be towed by a compact SUV, makes an attractive investment for both younger buyers looking to get into the outdoor life and for those who want to take to the road without the need of hotels and motels along the way.
Here's a closer look.
If you know anything about Airstream trailers, it's probably the silver-bullet aluminum models you've seen.
The 85-year-old company manufactures, in the USA, the all-American trailer at its best, crafted from shimmering aluminum and exuding timeless cool.
But Airstream has been shaking up its designs of late. Its modest Basecamp rolled out in 2016.
The Basecamp was a shiny Airstream that evoked the brand's image. The recently launched Nest by Airstream is a different story.
In 2016, under CEO Bob Wheeler (who joined in 2005), Airstream acquired NEST Caravan, an Oregon startup that had produced a prototype trailer that caught Airstream's eye.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 11:47 AM PDT
Posted: 23 Apr 2018 11:39 AM PDT
You don't need to know how it happened. It was a simple example of human error. All you need to know is that I accidentally ran over the Business Insider office's Galaxy S9 review unit with a front tire – and then a rear tire – and it suffered absolutely no damage whatsoever.
There was so little damage, that when I was using it later, I actually managed to temporarily forget that it was run over by a car. Twice, technically, if you count each tire.
I don't know if the Galaxy S9 on its own – without a case – could have survived its unexpected durability trial. That seems unlikely considering the drop tests conducted by SquareTrade, where the S9's screen cracks pretty easily from a six-foot drop.
And I don't know whether other cases from Incipio or other case makers could protect the Galaxy S9 as well. All I know is that the Galaxy S9 display is made of strong glass, and the Incipio Dualpro is a good case.
Actually, there was one thing that happened when I ran over the phone with my car. The music I was playing to a Bluetooth speaker was paused. I pressed the play button after wiping the screen from the dusty tire marks and the music resumed.
Check out what a Galaxy S9 looks like after being run over by a car:
I found the phone with the screen facing up. This means I ran straight over the Galaxy S9's screen and it didn't crack.
I'm actually not that surprised that the Galaxy S9's screen didn't crack. A phone's screen is most prone to cracking when there's a lot of shock all in one spot — like when you drop it. However, my car's tire would have applied the pressure mostly evenly, and so it survived.
What was surprising is that the screen didn't scratch at all.
I didn't use a screen protector of the Galaxy S9, and yet it didn't suffer any scratches. Any blemish you see on the screen is dust, or a reflection of the sun.
The Galaxy S9's display uses Gorilla Glass 5, which is tough and scratch-resistant glass. Gorilla Glass 5 is also used in other high-end smartphones from Google, LG, HTC, and even less expensive phones from OnePlus. With that in mind, you could say that other phones with Gorilla Glass 5 would escape the car treatment without a scratch. But I wasn't willing to place more phones under my car's tires to test the theory.
Apple's latest iPhones – including the iPhone 8 and iPhone X – could also potentially fare just as well as the Galaxy S9, if not better. According to 9to5Mac, Apple worked with Gorilla Glass to make its own tough glass that's even tougher than Gorilla Glass 5.
The glass on the back and the camera were unscathed.
I was worried that the glass on the back of the Galaxy S9 could have cracked while inside the case, but I was relieved to find that nothing happened to BI's Galaxy S9 review unit — it probably would have meant answering some awkward questions.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 11:18 AM PDT
Musician and fashion designer Kanye West sparked a million tweets on Monday when he shared short videos of him listening to right-wing personalities like Scott Adams.
But a small clue hidden on his Apple laptop screen shows he's been mainlining other controversial opinions — some from Google's chief futurist and director of engineering Ray Kurzweil.
In his latest video posted on Monday, Kanye has a tab open pointing to a TED Talk by Kurzweil called "The Accelerating Power of Technology."
Here's the footage from Kanye's tweet:
Zoom in on the top tab:
That tab says it's a 2007 talk from the renowned futurist — it's also worth noting that it sure looks like Kanye taped over the webcam on his MacBook.
Who is Ray Kurzweil and what does he believe?
If Kanye in fact watched the entire video — he didn't respond to a tweet — he would've heard a few of the technology industry's most far-out ideas, concepts that have been adopted by powerful people in Silicon Valley.
Kurzweil's big idea is that the rate of technological change is increasing — so fast, actually, that by 2030 there will be super-intelligent computers.
"But if we go to 2029, we really have the full maturity of these trends, and you have to appreciate how many turns of the screw in terms of generations of technology, which are getting faster and faster, we'll have at that point," Kurzweil said during the 2007 talk. "We'll have completed the reverse-engineering of the human brain — $1,000 of computing will be far more powerful than the human brain in terms of basic raw capacity."
And then, at some point, he thinks human intelligence is going to merge with these super-powerful computers.
"But it's not just an alien invasion of intelligent machines. We are going to merge with our technology," he continued.
Kurzweil is describing an idea that some people call "the singularity," after a book he wrote. Basically, when computers become intelligent enough, humans will transcend "the limitations of our biological bodies and brain" by merging with computers, giving them immortality.
In a recent interview, he's predicted that humans will live forever by the year 2045. He's also said that basic income, or governments giving money to every citizen without requirements, will be widespread by the 2030s.
These are far-out ideas, but many people in the tech industry take them seriously — including Google's leadership, which gave him a job at the tech giant looking into the future. Maybe Kanye is looking to tap into some of that futuristic thinking for his two upcoming albums or line of Adidas shoes.
Neither Kanye nor Kurzweil responded to tweets, but Kanye has been flirting with singularity-like thought during his recent tweetstorms.
You can watch the entire TED Talk from Kurzweil below:
Posted: 23 Apr 2018 11:18 AM PDT
Midwestern states like Illinois, Ohio, and Missouri are home to many coal-fired plants.
A growing number of these plants are shutting down, partly due to the declining costs of renewables. According to one recent Moody's Analytics report, the price of wind power has fallen so rapidly that it could soon replace coal-fired plants in the Midwest.
Meanwhile, the Trump administration has confirmed plans to eliminate the Clean Power Plan, the Obama-era program aimed at helping the United States meet its Paris climate agreement goals by curbing carbon emissions from power plants.
The announcement follows a series of other rollbacks from the Environmental Protection Agency. Under administrator Scott Pruitt, the EPA has reversed a ban on a pesticide that can harm children's brains. It has also moved to delay the Clean Water Rule, which clarified the Clean Water Act to prohibit industries from dumping pollutants into streams and wetlands.
If Pruitt succeeds with these measures, the US could return to some of the same conditions as we had before air and water quality were regulated.
Soon after the EPA's founding in 1970, the agency dispatched 100 photographers to capture America's environmental problems in a photo project called Documerica. Of the 81,000 images they took, over 20,000 photos were archived, and at least 15,000 have been digitized by the National Archives.
On Earth Day, check out a selection of Documerica photos of Midwestern cities that were taken in the early 1970s.
Many Documerica photos show scenes of general life in US in the 1970s, but several also document environmental issues.
Over 133.9 million Americans live in counties with unhealthy levels of air pollution, according to the American Lung Association's 2018 "State of the Air" report. Looking at recent air quality data, the ALA points to several cities in the Midwest as the most polluted. (Cities in California overwhelmingly top the list, however.)
Coal-mining companies were big polluters in the Midwest in the 1970s. President Trump has promised to bring back the industry, and recently nominated a coal lobbyist as Pruitt's second-in-command at the EPA.
Source: Scientific American
Near Cadiz, Ohio, a coal company stripped mined the land surrounding this abandoned house.
See the rest of the story at Business Insider
Posted: 23 Apr 2018 11:09 AM PDT
It's very difficult for startup companies to build hardware that can compete against large companies like Google, Amazon, and Apple. Wyze Labs' first product — the Wyze Cam — has many of the same features as Google’s Nest Cam for nearly 10% of the cost. Following is a transcript of the video.
Steve Kovach - The big thing about Wyze is it offers a lot of the features that you might see from competitors like Nest and Amazon and all those other companies but it's way cheaper, it's 20 bucks. How do you guys do that? How do you even make money on this thing?
Elana Fishman - Founding this company, what we really focused on was thinking about how do we democratize technology? So there were four of us that founded this together. Our background, we met when we were working at Amazon.
We bring a very customer-centric focus to smart home and we looked at the smart home industry and realized that a lot of the products out there weren't meeting customer needs. So either very expensive or unreliable and glitchy and just weren't meeting the expectations of customers and we thought we could do better.
Steve Kovach - So on paper, spec by spec, it seems very similar to these pricier cameras. Nest cameras have been around for years, your former employer Amazon has their own version and they also just bought Ring. Just walk me through the specs of what this can do and what the competition can do.
Elana Fishman - Yeah, we're basically on par with the other smart home cameras that are out there. It's a 1080p camera, very fast connection when you pull it up into the app, we have the ability to add an SD card which a lot of cameras don't and that way you can do continuous recording locally on the hardware and be able to access that through the app.
A lot of our competitors charge for the cloud storage, we don't, we offer free cloud storage for 14 days. So spec by spec, we're basically on par with our competitors. And for us, what we really think about is not trying to make money on any individual product but getting as many products out there because we really believe that this technology can help people and we want to get it in as many hands as possible.
Steve Kovach - The idea here is you guys can go to suppliers out in Asia and say, "This is what we want" and they can kind of whip it together. Talk about that process.
Elana Fishman - Sure, so for this particular product, we have a very strong relationship with our manufacturer in China. We're not just looking for suppliers, we're looking for partners that believe in our mission of creating quality products at affordable prices. We're looking for partners that are already producing at scale, so have expertise on the supply chain side. So we can leverage their economies of scale and offer products at awesome prices to our customers.
We sold 100,000 in our initial sale and sold out almost immediately and have been chasing inventory since then. We have a lot of people that bought one not really believing they could get a quality camera for $20 and then came back and bought more.
Steve Kovach - And what your team does is mostly they have the hardware side locked down and you guys come in and create the apps that people are using?
Elana Fishman - Yeah, so we focus very much on the user experience. So we create a unique app for our products but at the same time, we work with the manufacturer to improve the hardware. So we just launched the version two of the Wyze Cam, we just started shipping that this week and for that, we took feedback from our customers of how they liked the first version and then we worked with our manufacturer to improve primarily internal components to improve the image quality, the night vision and some different aspects of the chipset within the camera.
So we start with things that may be a little more off the shelf and fine tune them and upgraded them as we hear from our customers on what they want.
Posted: 23 Apr 2018 11:09 AM PDT
In exchange for accessing the social network, messaging, and the many other free services Facebook offers, users give up their personal information. It doesn't feel like an exchange because the entire purpose of Facebook is to provide real information about your life to fill out your Facebook profile page.
But that data is used by Facebook to sell "targeted" ads.
Facebook is "free," but you pay with your personal information. That information is then used to sell targeted ads — the primary way Facebook makes money.
It's this business model that's a point of contention for Facebook's critics. As Apple CEO Tim Cook put it in 2014, "When an online service is free, you're not the customer — you're the product." That sentiment was echoed earlier this year when it was revealed that analytics firm Cambridge Analytica, among others, had access to a huge amount of Facebook user data. The data, collected from more than 80 million Facebook users, was then used to target political ads designed to manipulate voters in the 2016 US presidential elections.
But Facebook doesn't see a problem with its business model, nor does it recognize the premise that Facebook turns its users into its product.
"If I’m not paying for Facebook, am I the product?" an FAQ from Facebook published on Monday reads. "No. Our product is social media — the ability to connect with the people that matter to you, wherever they are in the world."
The question and answer from Facebook's FAQ is refuted by Facebook's own execs.
"It's certainly not even a term I think we've used in a while," Facebook COO Sheryl Sandberg said during a September 2016 press conference, in reference to Facebook being identified as a "social network."
When Facebook CEO Mark Zuckerberg was repeatedly asked by members of Congress what companies Facebook sees as direct competitors, Zuckerberg struggled to give a straightforward answer. That's because Facebook does a lot of different things — it's a social network operator, and an ad sales company, and a hardware manufacturer (to name just a few).
To say that Facebook's product "is social media" is a factual inaccuracy — Facebook has many products. But in terms of Facebook as a social network? The service makes no money directly. It's free! What Facebook sells is advertising space that's highly targeted — it uses the data you provide, directly and indirectly, to sell ads.
Here's Zuckerberg explaining exactly how that works during a Congressional testimony in early April:
"What we allow is for advertisers to tell us who they want to reach, and then we do the placement. So, if an advertiser comes to us and says, 'All right, I am a ski shop and I want to sell skis to women,' then we might have some sense, because people shared skiing-related content, or said they were interested in that, they shared whether they're a woman, and then we can show the ads to the right people without that data ever changing hands and going to the advertiser."
Facebook doesn't sell its social network as a product; the product is the data gleaned from that network, which is used to sell ads. Thus, you are the product — even if Facebook says you aren't.
NOW WATCH: The top 10 games coming in 2018
Posted: 23 Apr 2018 11:09 AM PDT
UPDATE: Google corrected the error after being contacted by Business Insider. See bottom of this article for more information.
If you want to know when Marvel's "Avengers: Infinity War" comes to theaters, Google is not going to make it easy for you.
According to Google, the release date for Marvel's "Avengers: Infinity War" is "April 23, 2018" in the US. It's not. As of Monday morning, this misleading answer appeared at the top of the search results in the form of a snippet block, which is a quick summary of the answer to your search.
The film's release date is actually this Friday, April 27 in the US.
There's a reasonable answer to why Google's search results might return an incorrect release date. The film's Los Angeles premiere is April 23. Wikipedia, for instance, lists both April 23 (for the Los Angeles premiere) and April 27 (for the US release).
But Google's answer isn't helpful to the average user who just wants to know when the movie comes out in theaters.
Searching the likes of "Avengers: Infinity War release date" or "Infinity War release" will bring you to the following misleading snippet:
That misleading date also shows up in the sidebar to the right of the search results:
There's not a clear explanation for why Google's search results can't tell us when "Infinity War" is being released versus the premiere, but Google has a history of promoting incorrect information like debunked conspiracy theories in its search results, and snippets. For instance, in 2016, searching "Did the Holocaust happen?" would return a conspiracy theory result claiming it didn't happen from a white nationalist website.
Bing, on the other hand, features the correct release date for "Infinity War":
Update: After being contacted by Business Insider, Google corrected the release date on its snippet to April 27, 2018.
Here is how it appears now:
Posted: 23 Apr 2018 10:46 AM PDT
American Airlines passenger Jacob Garcia was arrested after touching a female passenger inappropriately and resisting efforts to remove him from the aircraft, according to the Miami-Dade Police Department.
Garcia had boarded a flight from Miami to Chicago on Sunday and touched the passenger without her permission, police said. According to the Miami-Dade Police Department's arrest report, Garcia was moved to a different seat after the first incident, but "began to scream and insult" the woman and her boyfriend and became involved in an altercation with another passenger.
After the altercation, police offers were called to the scene and Garcia was asked to exit the aircraft, but he refused and resisted the officers' efforts to remove him, police said. A video captured by another passenger and posted on Twitter shows Garcia arguing with officers and attempting to prevent an officer from placing handcuffs on him.
"Well, you just assaulted a lady, for one," a passenger replied when Garcia asked why he was being removed.
An officer eventually used a Taser on Garcia, but Garcia was not subdued after its first use, and attempts to swat it from the officer's hand before Garcia called him "a little baby."
Subsequent uses of the Taser allowed the officers to place handcuffs on Garcia as they prepared to remove him from the aircraft. According to the arrest report, Garcia continued to resist efforts to move him from the aircraft to a police vehicle.
Garcia was arrested on charges of battery, depriving an officer of his weapon, disorderly conduct, resisting an officer, and criminal mischief.
American Airlines said the flight departed about 90 minutes behind schedule.
"We will cooperate with the Miami-Dade Police Department on this matter," the airline said in a statement. "We thank our crews and airport customer service team for their excellent work in this situation."
In February, an American Airlines passenger was detained after chasing airport employees on the tarmac at Charlotte Douglas International Airport.
NOW WATCH: Investors need to lower their expectations
Posted: 23 Apr 2018 10:43 AM PDT
New York-based trading technology company Templum has snagged $10 million in a fundraising round involving Japanese investment giant SBI Group, the company said on Monday.
The firm, which launched its alternative trading system this year, will use the funds to attract accredited investors and institutions to its security token trading platform.
Traders on the ATS, which is a type of non-exchange trading venue, will be able to negotiate directly with one another on the platform. Notably, it supports secondary trading of venture firm Blockchain Capital's security token.
The ATS also allows companies to launch a security token, which can be best thought of as a cryptocurrency twist on the initial public offering process.
SBI Group, which has made a number of investments in cryptocurrency companies, led the round alongside previous investor Raptor Group.
"This investment underscores our belief in Templum's team, technology, and vision for using blockchain technology to transact in digital assets as securities," Yoshitaka Kitao, chief executive of SBI Holdings, said in a statement.
The investment comes as security token offerings gain popularity over initial coin offerings, which helped crypto companies raise over $6 billion in 2017. An STO represents actual ownership in a business or asset, providing investors access to dividends and governance rights, in certain cases. With an ICO, investors are guaranteed only the future value of a token they purchased (which can go to zero). A number of companies are in the space, including Securitize and Polymath.
Templum chief executive officer Chris Pallotta told Business Insider STOs could provide private companies with an alternative to the initial public offering process, which has fallen out of favor among tech companies.
"I think we are at a really unique time period," Pallotta said in an interview. "There's a real opportunity to provide liquidity to the private markets."
Many high profiles startups like Uber, Lyft and Airbnb are opting to stay private longer, in part because private capital has become abundant. The IPO process is also known for being timely and expensive, costing some firms tens of millions in investment banking fees. That's on top of listing fees charged by an exchange.
Notably, music streaming company Spotify in April listed its shares via direct listing to avoid the cost of going public via an IPO.
An STO could be another, much cheaper, alternative to an IPO, according to Dave Weisberger, the chief executive officer of crypto technology firm CoinRoutes.
"I believe that we will live to see a day where all equities are tokenized," Weisberger said. "In the short term, however, there are issues with how such things will trade, in order to have global liquidity."
NOW WATCH: Investors need to lower their expectations
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