Tag Archive : focus

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The company formerly known as NewsCred has a new name and a new product: Welcome.

Co-founder and CEO Shafqat Islam explained that this follows a broader shift in the company’s strategy. While previously known as a content marketing business, Islam said NewsCred has been increasingly focused on building a broader software platform for marketers (a platform that it uses itself).

Eventually, this led the company to sell its content services business to business journalism company Industry Dive and its owner Falfurrias Capital Partners over the summer. Now Welcome is officially unveiling its new brand, which it’s also using for its new marketing orchestration software.

“It’s not often not often that startups like ours get to close one chapter and open another chapter,” Islam said. “We kind of went back to being a Series A, Series B startup, iterating and working very closely with our customers.”

While today is the official

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(Reuters) – International Business Machines Corp IBM.N is splitting itself into two public companies, capping a years-long effort by the world’s first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing.

IBM will list its IT infrastructure services unit, which provides technical support for 4,600 clients in 115 countries and has a backlog of $60 billion, as a separate company with a new name by the end of 2021.

The new company will have 90,000 employees and its leadership structure will be decided in a few months, Chief Financial Officer James Kavanaugh told Reuters.

IBM, which currently has more than 352,000 workers, said it expects to record nearly $5 billion in expenses related to the separation and operational changes.

Investors cheered the surprise move by Chief Executive Officer Arvind Krishna, the key architect behind IBM’s $34 billion acquisition of cloud company Red Hat

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Satya Nadella wearing glasses posing for the camera: Social media companies should focus more on internet safety: Microsoft CEO Satya Nadella


© Ruchira Kondepudi
Social media companies should focus more on internet safety: Microsoft CEO Satya Nadella

Microsoft Chief Executive Officer (CEO) Satya Nadella has said social media companies should pay more attention to internet safety.

Nadella said Microsoft would have applied some of its experience in internet safety to ByteDance’s video-sharing app TikTok, The Wall Street Journal reported.

“What needs to happen is real reform in social media where internet safety is a top consideration,” Nadella was quoted as saying by WSJ. Microsoft recently made an unsuccessful bid to invest in TikTok’s US business.

TikTok, which was banned by India in June, has faced increased scrutiny over privacy and safety of user data.

Also read: India has tech smarts to build a rival app store, but platform monopoly will be hard to break

TikTok has previously been accused of privacy violations in the US. In February 2019, it paid $5.9

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Microsoft Corp.


MSFT -1.06%

Chief Executive Satya Nadella said that internet safety should be a greater focus for social-media companies and that the software company would have applied some of its experience in that area to video-sharing app TikTok.

“What needs to happen is real reform in social media where internet safety is a top consideration,” Mr. Nadella said Tuesday at The Wall Street Journal’s CEO Council.

Microsoft during the summer made an unsuccessful bid to buy parts of TikTok and address what the U.S. said were national-security concerns about the app’s ties to China. The Redmond, Wash.-based company withdrew from the running after the Chinese government imposed export restrictions on the kind of software TikTok uses, leaving Microsoft’s cloud-computing rival

Oracle Corp.

in pole position to partner with the app.

Mr. Nadella said TikTok approached Microsoft because it required help dealing with the U.S. government’s concerns.

Consumer-advocacy groups this

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Guest Post by Basil Alomary

AI has been heralded as the catalyst for a new industrial revolution. While the potential for massive impact is very real, venture investors looking to capitalize on growth ought to spend more time considering the enabling infrastructure.

Although applications are myriad and diverse, from drug discovery to driverless cars, practical adoption in the enterprise has been lackluster. Only 1 in 20 business leaders would describe their companies as “implementing AI widely across the organization.” 


The starting point for identifying these investment opportunities is the deconstruction of the AI workflow—extracting each step in the process, from aggregation to deployment and seeking efficiency, scale and access.


An infrastructure-first approach to investing has the potential to yield greater venture returns with a lower risk profile. Looking at

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Tesla Inc.  (TSLA) – Get Report shares powered higher Thursday following reports that the clean energy carmaker had cut prices for its Model 3 sedan in China and could be ready to publish record third quarter deliveries later this week.

Tesla’s China website suggests that starting prices for its popular Model 3, which are now made in its Shanghai factory, have been reduced by 8% to around $36,800 each, while the longer-range version was reduced to around $40,000 each. The new models will also included cheaper lithium iron phosphate batteries, Reuters reported.

Tesla shares were marked 2% higher in early trading Thursday to change hands at $437.87 each, a move that would trim losses since the stock’s five-for-1 split on August 31 to around 11.4%.

A report  from the tech-focused ‘electrek’ news website yesterday also suggested Tesla’s third quarter deliveries could come in at a record high later

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FILE PHOTO: People are seen at a booth of Vanguard Group at a fair during the INCLUSION fintech conference in Shanghai, China September 24, 2020. REUTERS/Cheng Leng

SYDNEY (Reuters) – Vanguard Group Inc said on Wednesday it will close most of its business managing money for institutional investors and large pension funds in Australia and New Zealand, and focus on serving retail clients.

The U.S. investments giant, which has roughly A$164 billion ($118 billion) in assets under management in Australia, will stop offering customised products called segregated mandated accounts (SMA) to large institutional investors.

The exit comes as Australia’s pension funds, which make up the world’s third-largest pool of pension assets, have moved towards managing a larger portion of their investments internally to lower costs. This has intensified competition for investment mandates and forced the closures of several funds.

The Pennsylvania-headquartered manager will continue to offer some investment products that

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  • IGNITION: Transportation, which takes place on October 20 at Noon ET, is a digital live event focused on innovations and challenges in mobility and transport. 
  • The event features speakers from such companies as Waymo, GM, Lyft, Arity, and UPS. 
  • The global pandemic has accelerated innovation in certain areas of transportation and mobility, while putting stress on other parts of the sector. 
  • Click here to register for this free event

Business Insider’s virtual event IGNITION: Transportation will convene business leaders, policymakers, technologists and innovators to discuss the future of mobility.

The COVID-19 pandemic has thrust transportation into uncharted territory. With the world facing the prospect of recession, flights that are empty or grounded, ride-sharing stalled – the very essence of mobility has been compromised. As companies and institutions adapt to remote working and learning, it’s possible that this will flourish and become the new normal, cutting commutes and reliance on transit. 

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WASHINGTON — The Department of Justice’s (DOJ) impending lawsuit against Google has narrowed to focus on the company’s power over internet search, a decision that could set off a cascade of separate lawsuits from states in ensuing weeks over the Silicon Valley giant’s dominance in other business segments.

In presentations to state attorneys general starting on Wednesday, the DOJ is expected to outline its legal case centered on how Google uses its dominant search engine to harm rivals and consumers, said four people with knowledge of the plan, who spoke on the condition of anonymity because the details were confidential. Meeting with the state attorneys general is one of the final steps before the DOJ files its suit against the company, they said.

The DOJ’s action against Google is set to be narrower than what had been envisioned by some states and several career lawyers in the department. The DOJ

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