Tuesday, September 17, 2019
Bill Gates says Big Tech companies shouldn’t be broken up
Adobe beats with Q3 revenue of $2.83B, up 24% YoY, and Digital Media revenue of $1.96B, up 22% YoY, forecasts $2.97B Q4 revenue, vs. $3.03B expected by analysts (Reuters)
Adobe beats with Q3 revenue of $2.83B, up 24% YoY, and Digital Media revenue of $1.96B, up 22% YoY, forecasts $2.97B Q4 revenue, vs. $3.03B expected by analysts — (Reuters) - Adobe Inc (ADBE.O) on Tuesday gave a tepid current-quarter revenue forecast and said that bookings …
Realme 5 Pro to Go on Sale in India at 12pm Today via Flipkart, Realme.com
Samsung Galaxy M30s India Launch Today: Expected Price, Specifications
Sources: as Amazon gets ready to add linear TV channels to IMDb TV, partners push back against its plans to sell all ads with 55% revenue share to publishers (Tim Peterson/Digiday)
Sources: as Amazon gets ready to add linear TV channels to IMDb TV, partners push back against its plans to sell all ads with 55% revenue share to publishers — Amazon's free, ad-supported streaming video service IMDb TV plans to follow rival services by adding linear channels from TV networks …
Facebook to give body cameras to UK Met for firearms training exercises and will use the footage to train algorithms on real-life first person shooter incidents (Financial Times)
Facebook to give body cameras to UK Met for firearms training exercises and will use the footage to train algorithms on real-life first person shooter incidents — Facebook will use footage from police body cameras to train its computers to recognise gun attack videos …
Monday, September 16, 2019
APPSC Group I Answer Key 2019 – Revised Key Released
APPSC Group I Answer Key 2019 – Revised Key Released
APPSC 2019 – FBO & Asst Beat Officer, Group II Mains Initial Key & Objections Released
IBPS Clerk Recruitment 2019 – Apply Online for 12075 Posts
iPhone 11 Series Pre-Orders Off to a Good Start, Analysts Say
Fieldwire just raised $33.5 million more to give PlanGrid and its new owner Autodesk a run for their money
Fieldwire, which makes task management software for construction teams that helps organize everyone involved in a project so things don’t fall through the figurative (or literal) cracks, has raised $33.5 million in Series C funding led by Menlo Ventures, with participation from Brick & Mortar Ventures, Hilti Group, and Formation 8.
It isn’t a huge amount of money. Still, the traction Fieldwire is enjoying might give the folks at Autodesk some pause, given the growing threat it presents to PlanGrid — a rival that Autodesk acquired last year for $875 million.
Already, six-year-old Fieldwire has 65 employees, with 45 of them in San Francisco and the rest in Phoenix, plus a smaller outpost in France. And founder and CEO Yves Frinault says the company expects to have closer to 150 employees by next summer.
Fieldwire is also “cash profitable,” he says, “meaning our bank account goes up every month, even though we started going fast.” To underscore his point, he notes that when we last talked with him in 2015, the company’s platform was hosting 35,000 projects; it has since hosted half a million altogether, with more than 2,000 unique paying customers on the platform. Many of them pack a punch, too, like Clark Construction Group, a 113-year-old, Maryland-based construction firm that reported more than $5 billion in revenue last year and that began using Fieldwire across all of its projects this past summer. (Clark employs 4,200 people.)
Because Fieldwire grows from the bottom up, meaning it targets teams who then use it for projects that are then run by numerous enterprises that work on various projects with other teams that can then also adopt the software, it has spread particularly quickly throughout North America, which counts for 70 percent of its volume. Fieldwire is also making inroads in Europe, where 15 percent of its revenue is coming and, to a lesser but growing extent, Australia.
Altogether, its software is localized in 13 languages.
It employs a freemium model. Small teams with five members or less can use a significant portion of the product for free. But more users requires more storage typically, and that’s where Fieldwire starts charging — typically between $30 and $50 per user per month, though bigger companies tend to pay the company by the year or based on the scope of a particular project versus on a per-license basis.
Fieldwire’s two main types of customers are general contractors and subcontractors. GCs will usually use the company’s software as a way to track quality and progress. Subcontractors tend to use the software internally to run their own crews.
As for what’s on its roadmap, Fieldwire — which already enables users to look at floor plans in real time, message with one another, track punch lists, schedule jobs and file reports — suggests it’s zeroing in on 3D architectural drawings, which puts it in more direct competition with PlanGrid.
PlanGrid also makes construction productivity software, and fueled by parent company Autodesk, it also now offers users the ability to access building information modeling data, in either 2D or 3D. Fieldwire doesn’t seem terribly daunted by this. Instead, Frinault calls it a “product challenge to make a 3D product model consumable, so we’re working on it right now.”
With its newest round of funding, Fieldwire has now raised $40.4 million altogether.
Computer scientist Richard Stallman, who defended Jeffrey Epstein, resigns from MIT CSAIL and the Free Software Foundation
Computer scientist and open software advocate Richard Stallman said he has resigned from his position as a visiting scientist at MIT’s Computer Science and Artificial Intelligence Lab (CSAIL) after describing a victim of sex trafficker Jeffrey Epstein as “entirely willing” in emails sent to a department list. Stallman has also stepped down from his roles as president and board director at the Free Software Foundation, the nonprofit he founded in 1985.
Last week, the Daily Beast reported that Stallman had also called for the legalization of child pornography and abolishment of age of consent laws on his personal blog in multiple posts published over the course of 15 years.
In his MIT CSAIL resignation, also posted to his personal blog, Stallman wrote: “To the MIT Community, I am resigning effective immediately from my position in CSAIL at MIT. I am doing this due to pressure on MIT and me over a series of misunderstandings.”
MIT has been under scrutiny for its ties to Epstein, who a New Yorker investigation found had secured $7.5 million in donations for the MIT Media Lab, far more than what was previously disclosed. As a result, its director, Joi Ito, resigned last week and MIT ordered an investigation into the Media Lab’s ties to Epstein, who was found dead in his jail cell last month while awaiting federal trial on sex trafficking charges.
As part of its preliminary findings, MIT president Rafael Reif admitted that the law firm conducting the investigation had uncovered a letter he wrote to thank Epstein for a donation in 2012, four years after Epstein had already pled guilty to procuring for prostitution a girl under 18. “I apparently signed this letter on August 16, 2012, about six weeks into my presidency,” Reif wrote. “Although I do not recall it, it does bear my signature.”
Stallman’s emails were first made public last week by mechanical engineer and MIT alum Selam Jie Gano (the entire thread was later published by Vice). In an email sent to a MIT CSAIL mailing list earlier this month, Stallman wrote that Virginia Giuffre, one of Epstein’s sex trafficking victims, who testified that she had been ordered to have sex with late MIT professor Marvin Minsky during a trip to the U.S. Virgin Islands when she was 17, had likely “presented herself to him as entirely willing.” He also wrote that “I’ve concluded from various examples of accusation inflation that it is absolutely wrong to use the term ‘sexual assault’ in an accusation.”
Gano also published an email that Stallman sent to another CSAIL list that included undergraduate students. In it, he said “I think it is morally absurd to define ‘rape’ in a way that depends on minor details such as which country it was in or whether the victim was 18 years old or 17.”
Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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