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Facebook’s Instagram Kids Retreat Signals Limits on Expansion Potential

The Information | Sept. 27, 2021, 9 p.m.

It’s hard to imagine a more predictable announcement than the one made by Facebook today. Less than two weeks after an uproar over the damage being done to teenage girls by Facebook’s Instagram, sparked by a Wall Street Journal report, is anyone surprised by today’s news that the company isn’t going forward with a version of “Instagram Kids”? The idea of letting Instagram target children, when there’s a widespread perception that the app is unhealthy for teen users, was politically a nonstarter. The tragedy of this particular initiative is that it was undoubtedly the right thing to do. Instagram head Adam Mosseri’s statement that kids under 13 are already using the app by lying about their age is entirely believable. Offering them a more appropriate version, without ads, makes a lot of sense. Whether it would have worked is debatable: A diluted version of Instagram might not have appealed to kids, but it was worth trying. Facebook’s problem is that it has lost the trust of both politicians and the media, if not users. (Our story today on the Instagram Kids’ decision spells out that trust gap in detail.) This episode demonstrates the challenges Facebook faces in launching any new initiative that could expand its audience.

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Used Car Prices Catch Wall Street's Eye as a Predictor of Inflation

New York Times | Sept. 27, 2021, 6 a.m.

The Manheim Used Vehicle Value Index, an obscure tracker of wholesale used-car prices, has become closely watched by the finance world’s high rollers.

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Ford Will Build 4 Factories in a Big Electric Vehicle Push

New York Times | Sept. 27, 2021, 8:17 p.m.

The automaker and a supplier will spend $11.4 billion on three battery factories and a truck plant, creating 11,000 jobs.

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Activision Blizzard Agrees to Pay $18 Million to Settle EEOC Probe

Wall Street Journal | Sept. 27, 2021, 8:50 p.m.

The Equal Employment Opportunity Commission had been examining allegations of gender-based harassment and retaliation at the embattled videogame-publishing giant.

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Pulling methane out of the atmosphere could slow global warming—if we can figure out how to do it

Technology Review | Sept. 27, 2021, 5:10 p.m.

Pulling methane out of the atmosphere has the potential to help slow global warming in the next few decades—but researchers are still trying to figure out if it’s really feasible. Methane is a powerful greenhouse gas, and human activities like natural-gas extraction and agriculture have more than doubled its concentration since the preindustrial era. Removing…

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How TikTok Outpaced Instagram in Rise to 1 Billion Users

The Information | Sept. 27, 2021, 7:46 p.m.

TikTok announced a big milestone on Monday: more than 1 billion people around the world log on to the ByteDance-owned video app every month. In the chart above, we plot just how fast it reached that level—and how that rapid ascent compares to Instagram’s earlier rise.Our analysis, which uses past company statements as well as a suit filed by TikTok against the U.S. government last year, shows that it took TikTok just four years since ByteDance launched the app in 2017 to get to 1 billion users. For Instagram, it took eight years from its 2010 launch to hit that milestone—or about twice as long. 

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Activision settles equal-employment civil suit with $18 million wrist slap

VentureBeat | Sept. 27, 2021, 8:54 p.m.

Activision Blizzard has settled one of its outstanding civil suits regarding its discrimination and harassment of employees.

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The Morning News Links Will Return On Monday, October 4th -

DSL Reports | Sept. 27, 2021, 11:52 a.m.

The Morning News Links Will Return On Monday, October 4thNews Jump »The Morning News Links Will Return On Monday, October 4th A Look At Efforts To Close The Digital As Study Finds 120M+ Americans Can't Get Broadband Internet; + more news Biden's Leadership Vacuum May Hamstring US Spectrum Strategy; + more notable news FCC's Carr Still Pushing A Dumb Telecom Tax On 'Big Tech'; + more notable news Starlink Will Exit Beta Next Month; How California's Broadband Infrastructure Law Promotes Local Choice; + more news Locast's Free TV Service Ordered To Shut Down Permanently After Copyright Loss; + more notable news Biden's Baffling FCC Delay Could Give Republicans A 2-1 FCC Majority; + more notable news Big ISPs Fight To Save Exclusive Wiring Deals That Limit Choice In Apartments; + more notable news Viasat Joins Amazon In Protesting SpaceX Proposal for Second-Gen Starlink; + more notable news Historic Win In U.S. Court Of Appeals Over The FCC, Telecoms And The Safety Of 5G; + more notable news ---------------------- this week last week most discussed

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AI provides imaging solution for the Moon’s shadowy craters

Artificial Intelligence News | Sept. 27, 2021, 8:43 a.m.

Researchers at the Max Planck Institute for Solar System Research (MPS) in Germany have published a paper highlighting their AI solution for imaging the Moon’s shadowed craters. HORUS (Hyper-effective nOise Removal U-net Software) is a machine learning algorithm that enables these dark craters to be mapped out at far higher resolutions than ever before. The... Read more »The post AI provides imaging solution for the Moon’s shadowy craters appeared first on AI News.

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AMD CEO Lisa Su says chip shortage likely to end next year

CNBC | Sept. 27, 2021, 8:18 p.m.

Manufacturing plants that were planned last year will likely start producing chips in the coming months, helping to alleviate shortages for PC parts.

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Apiiro aids software development with application risk management

VentureBeat | Sept. 27, 2021, 8:40 p.m.

Apiiro is making sure application risk management takes center stage in the life cycle of a software development project.

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UScellular preps for holiday season, hires for 300 roles

Fierce Wireless | Sept. 27, 2021, 6:04 p.m.

UScellular preps for holiday season, hires for 300 rolesbfletcherMon, 09/27/2021 - 17:04

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ADDING MULTIMEDIA Phiar Technologies Secures $12 Million Series A and Names Google Head of Android Automotive Platforms as CEO

Business Wire | Sept. 27, 2021, 1:09 p.m.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Phiar Technologies, a market leader in AI-powered Augmented Reality navigation for driving, today announced the close of a new $12 million Series A funding round and the hiring of new CEO Gene Karshenboym, formerly Google's Global Head of Android Automotive Platforms. The new Series A fund was led by State Farm Ventures that includes new investors Cambridge Mobile Telematics and Telenav, and previous investors Norwest Venture Partners, The Venture Reality

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The pandemic problems that boosters won’t solve

Technology Review | Sept. 27, 2021, 7:02 a.m.

The US booster program is about to get underway, after the CDC backed additional shots for a large swathe of the American public. The agency now recommends that people aged 65 years and older, adults in long-term care and those over 50 with underlying medical conditions should get a third Pfizer/BioNTech shot. (Those whose first…

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Nike warns of shortages as ocean congestion, Vietnam shutdowns hurt inventory

Supply Chain Dive | Sept. 27, 2021, 3:12 p.m.

Pre-pandemic, it took Nike about 40 days to move product from Asia to North America, said CFO Matt Friend. That has since doubled.

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Phiar Technologies Secures $12 Million Series A and Names Google Head of Android Automotive Platforms as CEO

Business Wire | Sept. 27, 2021, 11:01 a.m.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Phiar Technologies, a market leader in AI-powered Augmented Reality navigation for driving, today announced the close of a new $12 million Series A funding round and the hiring of new CEO Gene Karshenboym, formerly Google's Global Head of Android Automotive Platforms. The new Series A fund was led by State Farm Ventures that includes new investors Cambridge Mobile Telematics and Telenav, and previous investors Norwest Venture Partners, The Venture Reality

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Indonesia Connected Trucks Telematics Market Report 2021: Partnerships Across Verticals Will Nurture Innovative Solutions, Increase Telematics Adoption, and Boost Business Growth - ResearchAndMarkets.com

Business Wire | Sept. 27, 2021, 9:37 a.m.

DUBLIN--(BUSINESS WIRE)--The "Indonesian Connected Trucks Telematics Market Growth Opportunities, 2021" report has been added to ResearchAndMarkets.com's offering. This research service performs a comprehensive analysis of the Indonesian connected trucks telematics market and analyzes the current market and compares it with the anticipated future market scenario, taking into consideration industry KPIs and the micro and macroeconomic growth trends in play. The study also discusses customer perc

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FDA Authorizes AI Software Designed to Help Spot Prostate Cancer

Wall Street Journal | Sept. 27, 2021, 7:11 p.m.

U.S. health regulators last week authorized the use of the first artificial-intelligence tool designed to help doctors diagnose prostate cancer.

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Inside Instagram’s Failed Campaign to Win Over Critics of Kids’ App

The Information | Sept. 27, 2021, 4:21 p.m.

In August, Democratic Rep. Kathy Castor of Florida dialed into a Zoom call with Adam Mosseri, the head of Facebook’s Instagram, and two of his colleagues. Castor said in an interview that the executives “wanted to try to calm the waters” after she had spent months publicly criticizing Instagram’s development of an app for children under the age of 13.Instagram’s policy ostensibly blocks people under 13 from using the app. But the Instagram leaders told Castor that many were already finding ways to use Instagram by, for instance, lying about their age. A youth version of the app would give parents greater control over what their children saw online. Castor, unconvinced, implored them to abandon the app. From her perspective, Facebook wanted to grow its business empire. Launching the Kids app was similar to how tobacco companies had “surreptitiously marketed to young people through Joe Camel and other ways to get kids hooked early” to “benefit their bottom line,” she said.On Monday, the company abruptly announced it was pausing work on Instagram Kids. The surprising about-face came after it spent months unsuccessfully trying to sell the idea to politicians, child safety groups and skeptical employees. Scandal consumed the public relations effort and it ultimately proved unwinnable.

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Worldwide Commercial Insurance Industry to 2028 - Adoption of Advanced Technology in Commercial Insurance Presents Opportunities - ResearchAndMarkets.com

Business Wire | Sept. 27, 2021, 7:04 a.m.

DUBLIN--(BUSINESS WIRE)--The "Commercial Insurance Market By Type, Distribution Channel Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering. A commercial insurance plan offers various types of insurance policies such as liability insurance, fire insurance, burglary insurance, plant & machinery insurance, business insurance, and others. Moreover, these insurance policies are specially

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