Wednesday, 17 July 2019

Apple gives a sneak peek of its new Peanuts series with ‘Snoopy in Space’ trailer

As the U.S. commemorates the 50th anniversary of the Moon landing, Apple took to the internet to give audiences a peek into the first of its new Peanuts series, “Snoopy in Space.”

The series will follow Charles M. Schulz’s characters as they take a field trip to a NASA location where Snoopy and Woodstock are selected for a space mission.

Charlie Brown and the rest of the characters will staff mission control, while Snoopy and Woodstock fly into the great beyond.

The series is set to launch on Apple TV+ in the fall.



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Uber riders now earn rewards for shopping during their trip with new Cargo app

Uber is launching a new shopping app with commerce partner Cargo, a startup it signed an exclusive global partnership with last year. The app will feature items curated by Uber including products like Nintendo Switch, Apple hardware, Away luggage, Glossier cosmetics and more, and will be available to download for Uber riders making trips in cars that have Cargo consoles on board. The Cargo app will also provide in-ride entertainment, including movies from Universal Studios available to purchase for between $5 and $10 each (with bundle discounts for multiple movies), which are then viewable in the Movies Anywhere app.

Uber riders will also benefit by receiving 10 percent of their purchase value back in Uber Cash, which they can then use either on future trips, or on other purchases made through the Cargo app while riding. Uber drivers also benefit, earning 25 percent of the value of items purchased from the Cargo Box in-car, and an additional $1 for each first purchase by a passenger through the new app.

Riders just need to grab the iOS or Android app and then scan the QR code located on the Cargo Box in their driver’s car. Cargo’s app only allows purchases while on the trip, and then the item will be automatically shipped to a rider’s home address for free with an estimated delivery time of between two and five business days.

Cargo App Home Screen

This tie-up is a natural evolution for Uber’s business – the company hosts millions of riders every week, and many of those are taking relatively long trips to and from airports and other transit hubs, which provides ample opportunity to get them buying stuff or watching purchased content. Cargo, in which Uber has some equity stake, has a good opportunity to figure out how best to make the most of those trips.

This is hardly without precedent – airlines have attempted to capture consumer interest in the skies with onboard duty-free and other sales, as well as content for purchase. The big question will be whether Uber and Cargo together can provide enough additional purchase incentive vs. riders just opening the Amazon app or whatever other commerce options they have available on their own personal devices to make it a sustainable extension of their business.



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AlphaSense, a search engine for analysis and business intel, raises $50M led by Innovation Endeavors

Google and its flagship search portal opened the door to the possibilities of how to build a business empire on the back of organising and navigating the world’s information, as found on the internet. Now, a startup that’s built a search engine tailored to the needs of enterprises and their own quests for information has raised a round of funding to see if it can do the same for the B2B world.

AlphaSense, which provides a way for companies to quickly amass market intelligence around specific trends, industries and more to help them make business decisions, has closed a $50 million round of funding, a Series B that it’s planning to use to continue enhancing its product and expanding to more verticals.

Today, the company today counts some 1,000 clients on its books, with a heavy emphasis on investment banks and related financial services companies. That’s in part because of how the company got its start: Finnish co-founder and CEO Jaakko (Jack) Kokko he had been an analyst at Morgan Stanley in a past life and understood the labor and time pain points of doing market research, and decided to build a platform to help shorted a good part of the information gathering process.

“My experience as an analyst on Wall Street showed me just how fragmented information really was,” he said in an interview, citing as one example how complex sites like those of the FDA are not easy to navigate to look for new information an updates — the kind of thing that a computer would be much more adept at monitoring and flagging. “Even with the best tools and services, it still was really hard to manually get the work done, in part because of market volatility and the many factors that cause it. We can now do that with orders of magnitude more efficiency. Firms can now gather information in minutes that would have taken an hour. AlphaSense does the work of the best single analyst, or even a team of them.”

(Indeed, the “alpha” of AlphaSense appears to be a reference to finance: it’s a term that refers to the ability of a trader or portfolio manager to beat the typical market return.)

The lead investor in this round is very notable and says something about the company’s ambitions. It’s Innovation Endeavors, the VC firm backed by Eric Schmidt, who had been the CEO of none other than Google (the pace-setter and pioneer of the search-as-business model) for a decade, and then stayed on as chairman and ultimately board member of Google and then Alphabet (its later holding company) until just last June.

Schmidt presided over Google at what you could argue was its most important time, gaining speed and scale and transitioning from an academic idea into full-fledged, huge public business whose flagship product has now entered the lexicon as a verb and (through search and other services like Android and YouTube) is a mainstay of how the vast majority of the world uses the web today. As such he is good at spotting opportunities and gaps in the market, and while enterprise-based needs will never be as prominent as those of mass-market consumers, they can be just as lucrative.

“Information is the currency of business today, but data is overwhelming and fragmented, making it difficult for business professionals to find the right insights to drive key business decisions,” he said in a statement. “We were impressed by the way AlphaSense solves this with its AI and search technology, allowing businesses to proceed with the confidence that they have the right information driving their strategy.”

This brings the total raised by AlphaSense to $90 million, with other investors in this round including Soros Fund Management LLC and other unnamed existing investors. Previous backers had included Tom Glocer (the former Reuters CEO who himself is working on his own fintech startup, a security firm called BlueVoyant), the MassChallenge incubator, Tribeca Venture Partners and others. Kokko said AlphaSense is not disclosing its valuation at this point. (I’m guessing though that it’s definitely on the up.)

There have been others that have worked to try to tackle the idea of providing more targeted, and business focused search portals, from the likes of Wolfram Alpha (another alpha!) through to Lexis Nexis and others like Bloomberg’s terminals, FactSet, Business Quant and many more.

One interesting aspect of AlphaSense is how it’s both focused on pulling in requests as well as set up to push information to its users based on previous search parameters. Currently these are set up to only provide information, but over time, there is a clear opportunity to build services to let the engines take on some of the actions based on that information, such as adjusting asking prices for sales and other transactions.

“There are all kinds of things we could do,” said Kokko. “This is a massive untapped opportunity. But we’re not taking the human out of the loop, ever. Humans are the right ones to be making final decisions, and we’re just about helping them make those faster.”



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Tuesday, 16 July 2019

Apple reportedly planning to fund creation of exclusive original podcasts

Apple is said to be planning to bankroll the creation of original podcasts from third-parties that it will offer exclusively on its own streaming services, Bloomberg reports. The report says that Apple’s plans to land podcast exclusives will help the company compete with similar offerings from streaming rivals including Spotify and Sticher, both of which are funding exclusive podcast content, and in some cases, wholly original shows to run on their own streaming audio offerings.

The report says that Apple execs have been reaching out to media companies that produce audio content to talk about the possibility of buying exclusive rights to some podcasts, albeit in a “preliminary” way, which suggests that this plan may be in the very early stages. It seems unlikely, then, that we would see any kind of Apple exclusive original podcast content ahead of other media efforts soon to launch from the company, including its Apple TV+ subscription video service coming this fall.

Apple has recently made a number of improvements to its podcast product offerings, both on the consumer and the creator side, including more detailed analytics for podcasters, and a full-fledged standalone Podcasts app for its macOS computers, which is launching alongside macOS Catalina this fall. Still, it’s largely been hands-off when it comes to content, aside from informally meeting with podcasters on occasion and sharing best practices.

Meanwhile, Spotify in particular has been especially aggressive about acquiring its own podcast media companies, including Gimlet, which makes popular podcast ‘Reply All”; Anchor, which creates podcast making tools for publishing and monetization; and Parcast, another podcast creation network with a deep library of true-life and other content.

Apple still enjoys a strong majority of audience when it comes to overall podcast listenership by all accounts, but Spotify is definitely chipping away by focusing effort and investment both on the product and on the content side. Apple considering funding content of its own definitely makes sense given its tactics in video, and the changed landscape of the podcast business.



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AI photo editor FaceApp goes viral again on iOS, raises questions about photo library access

FaceApp. So. The app has gone viral again after first doing so two years ago or so. The effect has gotten better but these apps, like many other one off viral apps, tend to come and go in waves driven by influencer networks or paid promotion. We first covered this particular AI photo editor  from a team of Russian developers about two years ago.

It has gone viral again now due to some features that allow you to edit a person’s face to make it appear older or younger. You may remember at one point it had an issue because it enabled what amounted to digital blackface by changing a person from one ethnicity to another.

In this current wave of virality, some new rumors are floating about FaceApp. The first is that it uploads your camera roll in the background. We found no evidence of this and neither did security researcher and Guardian App CEO Will Strafach or researcher Baptiste Robert.

The second is that it somehow allows you to pick photos without giving photo access to the app. You can see a video of this behavior here:

While the app does indeed let you pick a single photo without giving it access to your photo library, this is actually 100% allowed by an Apple API introduced in iOS 11. It allows a developer to let a user pick one single photo from a system dialog to let the app work on. You can view documentation here and here.

IMG 54E064B28241 1

Because the user has to tap on one photo, this provides something Apple holds dear: user intent. You have explicitly tapped it, so it’s ok to send that one photo. This behavior is actually a net good in my opinion. It allows you to give an app one photo instead of your entire library. It can’t see any of your photos until you tap one. This is far better than committing your entire library to a jokey meme app.

Unfortunately, there is still some cognitive dissonance here, because Apple allows an app to call this API even if a user has set the Photo Access setting to Never in settings. In my opinion, if you have it set to Never, you should have to change that before any photo can enter the app from your library, no matter what inconvenience that causes. Never is not a default, it is an explicit choice and that permanent user intent overrules the one-off user intent of the new photo picker.

I believe that Apple should find a way to rectify this in the future by making it more clear or disallowing if people have explicitly opted out of sharing photos in an app.

IMG 0475

One good idea might be the equivalent of the ‘only once’ location option added to the upcoming iOS 13 might be appropriate.

One thing that FaceApp does do, however, is it uploads your photo to the cloud for processing. It does not do on-device processing like Apple’s first party app does and like it enables for third parties through its ML libraries and routines. This is not made clear to the user.

I have asked FaceApp why they don’t alert the user that the photo is processed in the cloud. I’ve also asked them whether they retain the photos.

Given how many screenshots people take of sensitive information like banking and whatnot, photo access is a bigger security risk than ever these days. With a scraper and optical character recognition tech you could automatically turn up a huge amount of info way beyond ‘photos of people’.

So, overall, I think it is important that we think carefully about the safeguards put in place to protect photo archives and the motives and methods of the apps we give access to.



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Watch how Apollo 11 set the course for Apple’s alternate history space race TV drama

One of the shows coming to Apple’s forthcoming streaming original content video service, Apple TV+, is “For All Mankind,” a series led by showrunner Ronald D. Moore, whose most notable previous credit is creating Syfy’s “Battlestar Galactica” remake series. “For All Mankind” is an alternate history fiction series that imagines what happens if the Russians beat the U.S. to being the first to land an astronaut on the Moon.

In a new featurette, Moore and his fellow series creators, along with some of their technical advisors, talk about the show, and what the actual Apollo 11 Moon landing meant to the world. The 50th anniversary of that real historical event is coming up on July 20, but you’ll have to wait a bit longer to see the Joel Kinnaman-starring “For All Mankind” – it’s arriving this fall along with Apple TV+, but we don’t yet have specifics on exactly when, or on how much the service will cost when it does become available.

The official first trailer for “For All Mankind” is below. There’s not much to go on here, but the premise definitely seems engaging, and I do detect a very BSG-ish vibe from what scenes are available to see here.



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UK deep tech VC IQ Capital launches new $125M growth fund, closes third VC fund at $175M

IQ Capital, a U.K.-based deep tech fund that has invested in startups such as Paragraf, Senseye and Funderbeam, has launched a new $125 million Growth Opportunities Fund and closed its third venture fund, IQ Capital Fund III, at $175 million. This brings the total new capital to be invested to more than $300 million. National Grid Partners have joined British Patient Capital and a number of other global institutions as an investor in IQ Capital Fund III.

The move is part of a wider shift in VC investing across Europe toward so-called deep tech (AI, biotech, blockchain, etc.).For instance, Adara Ventures, a Spanish VC firm, recently closed its third fund with commitments in excess of €65 million to back European early-stage deep tech startups.

IQ says the $125 million fund will provide later-stage capital to the best-performing companies in their existing portfolio. The first to benefit from this is Privitar, a startup in data privacy engineering that IQ Capital funded from seed stage as part of its $40 million Series B funding round announced last month.

Alongside the launch of the new fund, IQ Capital has reached the final closing for its third venture fund at $175 million, which focuses on investing into companies at seed and Series A stage. In the last year, IQ Capital has invested in 12 companies, including Causalens, Concirrus and Iotic. Previous Fund II startups include Thought Machine, Fluidic Analytics, Paragraf and Speechmatics.

Max Bautin, co-founder and partner at IQ Capital, said in a statement: “The partners, Ed Stacey, Kerry Baldwin, and I, have been investing in deep-tech for over 20 years, and during this time we’ve seen investment in the sector grow from tens of millions p.a. to $1.75 billion deployed across Europe in 2018 alone. Half of this capital was invested into UK start-ups, reinforcing the UK as a leader in Europe, with well-established technology ecosystems formed in Cambridge, Bristol, Oxford, and London.

“IQ Capital has grown its funds under management over 10x in the last five years, following exits to Google, Apple, and Facebook, and a double-dragon to Oracle. The investment team has tripled in size over the same period with recent joiners Rick Hao, Daniel Carew and Marek Chalupnik. IQ Capital is now firmly established as the leading deep tech investor in the UK.”

Lisa Lambert, founder and president of National Grid Partners said: “IQ Capital…is positioned as the go-to deep-tech fund in the EU, and the team has a proven ability to connect with founders through all stages, from seed to exit.”



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