Posts belonging to Category Intellectual Property



Seven West Media signs multimillion-dollar deal to join Google’s News Showcase

How to force Google to pay

Seven West Media is the first large Australian media company to sign a multimillion-dollar agreement with Google for its content to be displayed in a new product called News Showcase, with Seven describing the deal as “fair payment”.

The deal came as the federal treasurer, Josh Frydenberg, said legislation to go before parliament on Tuesday would be a “precursor” to more commercial deals between Google, and “ideally” Facebook, with news organisations.

News Showcase is a feature on the Google News app that puts publishers’ content in panels, providing more information and content than is found in search results or snippets. The search giant said Australian Showcase partners had more than 1m views of their content in the first eight days of its operation.

Australia’s world-first mandatory media code was designed to force Google and Facebook to pay for displaying news content in search and on Facebook’s news feed. It is understood Google may be willing to pay media companies similar amounts via Showcase licensing deals to avoid setting the precedent of paying for content displayed in search.

https://www.theguardian.com/

AstraZeneca’s COVID-19 vaccine produces an immune response in older people

Immunogenicity responses similar between older and younger adults

One of the world’s leading COVID-19 experimental vaccines produces a immune response in both old and young adults, raising hopes of a path out of the gloom and economic destruction wrought by the novel coronavirus.  The vaccine, developed by the University of Oxford, also triggers lower adverse responses among the elderly, British drug maker AstraZeneca Plc AZN.L, which is helping manufacture the vaccine, said on Monday.

A vaccine that works is seen as a game-changer in the battle against the novel coronavirus, which has killed more than 1.15 million people, shuttered swathes of the global economy and turned normal life upside down for billions of people. “It is encouraging to see immunogenicity responses were similar between older and younger adults and that reactogenicity was lower in older adults, where the COVID-19 disease severity is higher,” an AstraZeneca spokesman said.

https://uk.reuters.com

Palantir files to go public

The data anlytics company founded by Peter  Thiel  lost about $580 million last year

Data analytics company Palantir Technologies has released its prospectus to debut on public markets. The company aims to trade on the New York Stock Exchange under the symbol PLTR. Rather than sell shares through an initial public offering, the company intends to debut with a direct listing, the same unconventional route taken by Slack in 2019 and Spotify in 2018.

Given its long history and its size — last September Reuters said the company was targeting a valuation of $26 billion or more — Palantir had been in a position to go public for years, and investors have long waited to buy shares, as they did for PinterestSnap and Uber. Home-renting company Airbnb could be next.

Palantir lost $588 million, or $580 million on a pro-forma basis, in 2019, according to the filing. Revenue grew almost 25% from the year earlier while the loss stayed about the same. In the first half of 2020, it lost $165 million, or $175 million on a pro-forma basis.

https://www.cnbc.com/

Hackers are circulating more than 15 billion stolen logins on the dark web

A treasure trove of stolen account logins

A new report has revealed the true extent of stolen account logins to be found circulating on the dark web amongst cybercriminals. The Digital Shadows Photon Research team has spent 18 months auditing criminal forums and marketplaces across the dark web and found that the number of stolen usernames and passwords in circulation has increased by 300% since 2018. There are now more than 15 billion of these stolen credentials, from 100,000 data breaches, available to cybercrime actors. Of this number, some 5 billion are said to be unique, with no repeated credential pairs.

The “From Exposure to Takeover” report warns that there’s a “treasure trove of account details” available in cybercrime markets. The 15 billion stolen account logins include credentials, usernames and password pairs, for online banking, social media accounts, and music streaming services. To put it another way, that’s the equivalent of two sets of account logins for every man, woman, and child on the planet.

https://www.forbes.com/

Apple Is Acquiring NextVR For About $100M

Apple’s 2020 Buying Spree

Apple made headlines this weekend for donating 20 million face masks and working to make 1 million face shields a week to address the shortage of protective equipment for health care workers treating coronavirus patients. But it’s also been busy doing something else. Namely, acquiring startups.

On April 3, Bloomberg reported the tech behemoth had acquired an artificial intelligence startup that developed a platform for digital voice assistants to better understand people’s natural language. The price it paid for the Irish startup, which is believed will help continue to improve Siri, was not disclosed. According to Crunchbase data, Voysis had raised $8 million since it was founded in 2012.

And on March 31, it was announced that Apple had acquired weather app DarkSky, which was not venture-backed.

http://www.techcrunch.com

EU antitrust regulators investigating Google’s data collection

How dominant tech companies use and monetise data

EU antitrust regulators are investigating Google’s collection of data, the European Commission said on Saturday, suggesting the world’s most popular internet search engine remains in its sights despite record fines in recent years.
Competition enforcers on both sides of the Atlantic are now looking into how dominant tech companies use and monetise data.

The EU executive said it was seeking information on how and why Alphabet unit Google is collecting data, confirming press story on Friday.

https://reuters.com/

Quantum Breakthrough

Has Google achieved  quantum supremacy?

Google said on Wednesday that it had achieved a long-sought breakthrough called “quantum supremacy,” which could allow new kinds of computers to do calculations at speeds that are inconceivable with today’s technology.

The Silicon Valley giant’s research lab in Santa Barbara, Calif., reached a milestone that scientists had been working toward since the 1980s: Its quantum computer performed a task that isn’t possible with traditional computers, according to a paper published in the science journal Nature.

A quantum machine could one day drive big advances in areas like artificial intelligence and make even the most powerful supercomputers look like toys. The Google device did in 3 minutes 20 seconds a mathematical calculation that supercomputers could not complete in under 10,000 years, the company said in its paper.

Scientists likened Google’s announcement to the Wright brothers’ first plane flight in 1903 — proof that something is really possible even though it may be years before it can fulfill its potential.

http://www.nytimes.com

EU opens road to 5G connected cars

BMW and Qualcomm are the winners

European Union states opened the way to competing technologies for internet connected cars on Thursday, rejecting a European Commission push for a wifi-based standard backed by Volkswagen (VOWG_p.DE). The result represents a win for BMW (BMWG.DE) and Qualcomm (QCOM.O) which support a rival 5G telecoms system.

Germany, France and Italy, with powerful car industries, were among 21 countries to vote against the EC proposal at a Brussels meeting of EU representatives, an EU official said. This contrasted with EU lawmakers in April who endorsed the wifi plan over 5G technology. The auto and tech industries have been split over which technology works better and is safer.

The European Commision, which wants to set benchmarks for a market that could generate billions of euros in revenues for carmakers, telecoms operators and equipment makers, has said wifi is available now, unlike 5G, and would help road safety.

http://www.reuters.com

The U.S. Just Charged Huawei With Stealing A T-Mobile Robot Idea

Arrest of executive Meng Wanzhou, daughter of Huawei founder

Chinese telecoms giant Huawei is facing charges of theft of American intellectual property.

It stands accused, amongst other charges, of stealing a novel idea from T-Mobile in 2012: a cellphone testing robot called Tappy. According to the U.S. Department of Justice, Huawei even offered bonuses to employees who stole confidential information from rivals.

Following the arrest of executive Meng Wanzhou, who’s also the daughter of Huawei founder, in Canada, the U.S. was reportedly planning on upping the ante in its fight with the Chinese giant. It’s now landed its first blow.

Huawei hadn’t responded to a request for comment at the time of publication.

http://forbes.com