Here are five things in technology that happened this past week and how they affect your business. 1 — Google AI can predict when you will die. Google is currently training a new artificial intelligence computer to predict whether hospital patients will die within 24 hours after being admitted.
Microsoft(NASDAQ: MSFT) is developing a technology that could eliminate cashiers from stores, according to a Reuters report citing six people familiar with the project. Shoppers would scan their smartphones upon entering a store, sensors would detect items being removed from shelves, and cameras would track the items in the shopping cart. Unlike Amazon, Microsoft isn't interested in running an e-commerce platform or retail stores. These services include Azure, the world's second-largest cloud infrastructure platform after Amazon Web Services (AWS), and Dynamics CRM, its cloud-based customer relationship management platform, which competes against Salesforce's flagship service.
'Help us speed up Britain's mobiles... or you may land in court': O2 chief sends out a powerful message to BT bosses. Now, Evans wants the same access for mobile phone operators like O2, Three and Vodafone Media to increase surfing speed. Ironically, O2 was originally part of BT but the telecoms giant had to offload its mobile phone arm back in 2001 as part of a plan to reduce its then gargantuan debt pile. Uncertainty surrounding the UK’s exit from the EU has caused Evans to warn that Britain could miss out on hundreds of millions of pounds worth of investment in improving mobile speeds. While the future is certainly 5G, the destiny of O2 is rather less certain.
Apple Inc. has struggled to meet Wall Street’s expectations for iPhone units sales in recent quarters, but the company has surprised investors by getting consumers to pay ever more for its phones. Another high-ranking female member of the Trump administration was hounded out of a restaurant. The threat of a full-blown trade war isn’t having the impact on investor sentiment and stock prices that might be expected judging by double-digit gains for the Nasdaq and modest but positive returns for the S&P 500 so far this year.
InvestorPlaceJune 23, 2018. If we sidestep the dramatic sabotage acts going on at Tesla Inc (NASDAQ:TSLA) right now, we run into the company’s recent solar news. While Tesla stock has been stampeding higher, fueled by a short squeeze, many are still questioning the automaker’s underlying fundamentals. Earlier this month, CEO Elon Musk announced that the company will layoff approximately 9% of its workforce. As it turns out, Tesla now plans to close 12 solar residential installation facilities in nine states. Tesla says it plans to migrate its solar business into its showrooms, where its cars are currently displayed to potential customers. And for those wondering, Tesla said it isn’t letting people go from its production unit, ensuring that it will do all it can to hit its goal of producing 5,000 Model 3 units a week by early July. What Does This Mean for Tesla Stock? Tesla closing some of these residential solar installation facilities is a reflection of that goal. And again, it’s a reflection that management really is serious about getting back to breakeven and then turning a profit. For a company that’s burning cash and could certainly use more of it, I view this as a good sign, honestly. While the solar business is a nice tie-in with its Powerwall offering, remember that SolarCity was burning a similar amount of cash as Tesla when the latter acquired it.
Tesla's Model 3 catches up on Autopilot and WiFi features. Tesla is still rushing to give the Model 3 some of the features you might take for granted in its EV stablemates. As part of a broader update across the lineup (including increased Autopilot nagging), Model 3 units now support a few key features, most notably Summon -- that is, the ability to move the car into and out of a parking space using either Tesla's phone app or the key. It's been something of a given for Model S and X drivers, but it'll definitely be appreciated if you'd rather not contort yourself to enter the 3 in a small garage. The patch also adds something as simple as WiFi access. Until now, the Model 3 had to connect to LTE to receive updates -- this could give you a speedier connection when you're parked at home and help you grab... well, more updates. And if you live in a hot climate, cabin overheat protection (again available in other models) prevents the temperature from venturing past 105F for up to 12 hours after you've left your vehicle.
Following months of negative press, horror stories over repair costs, and upsetting the core fan base of the MacBook platform, Apple has confirmed that there is a flaw in the new butterfly keyboards of the MacBook an MacBook Pro machines. Introduced in 2015, the butterfly keyboard promised a narrower profile and the ability to design thinner laptop computers around the new input mechanism. Unfortunately for Apple the keyboards showed a far higher failure rate than previous designs, and most consumers reported that Apple was charging upwards of $700 for a repair if the unit was out of warranty and not covered by AppleCare.
Ever since closing on the $2.6 billion solar business in late 2016, Tesla has been slowly shutting down SolarCity. Either the deal was a bailout of SolarCity and Tesla intended to shut it down all along, or Tesla's solar strategy implemented after the acquisition has been an abject failure. No matter how you look at it, Tesla's solar strategy seems worse by the day, and there doesn't appear to be anything slowing down the company's slide. Gross margins in the energy generation and storage segement have also fallen from 29.1% in the first quarter of 2017 to 8.5% in the first quarter of 2018, so any argument that Tesla is focusing on more-profitable sales is invalid. Tesla's retail model isn't working. When Tesla acquired SolarCity, the promise was that solar could be sold more effectively and efficiently through Tesla's retail stores than through traditional channels. If that were true, we would be seeing evidence by now.
In an interview with Yahoo Finance editor-in-chief Andy Serwer in Washington D.C., the former executive was asked how he sees the current storm clouds over the tech industry playing out. His answer: Tech companies should try to work quickly with government to find a solution — unlike what Microsoft did under his tenure, as it faced an antitrust suit from the government. "I'm not trying to do a 'woe is me' thing, but remember we got by an antitrust lawsuit at Microsoft by the [US Department of Justice]. This government stuff [...] it's serious stuff. And knowing what I know now, I would have resolved the issues," Ballmer said. "I think we should have figured out how to settle matters out earlier than we did. He went on: "I think fully accepting that things are not the way they need to be, and going to work on those issues in a way that people understand you are serious about, as opposed to the tech industry generally appearing arrogant, I understand that."
The tech-heavy NASDAQ 100 actually hit an all-time high on Wednesday despite weakness in its largest component, Apple Inc. (NASDAQ:AAPL). Apple stock still could suffer from a potential trade war. So far, the market seems to have shrugged off fears about a potential trade war between the U.S. and China. A stock that seemed headed toward a long-awaited $1 trillion valuation instead seems a bit more risky at the moment, given concerns about the company’s exposure to rising tariffs. Is Apple Stock Exposed? If a trade war does come, Apple has significant exposure.