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Showing posts with label Tech. Show all posts
Showing posts with label Tech. Show all posts

August 25, 2020

#Nvidia, The New King Wants All The Chips

Nvidia flexes its muscles as the new king of chips | Financial Times
A potential deal for ARM "highlights the value of foundational intellectual property in chips. Owning all the IP for the silicon that powers huge data centres would give Nvidia a competitive advantage even Intel couldn't match."

Nvidia flexes its muscles as the new king of chips

With its attempt to buy SoftBank-owned Arm, the US firm is consolidating its position at the top of global chipmaking

Nvidia, founded and led by Jensen Huang, reported blowout earnings this week © Rick Wilking/Reuters

There was a stark study in contrasts at the top of the chip industry this week. Nvidia, which recently overtook Intel to become the world's most valuable chipmaker, reported blowout earnings. Jensen Huang, its founder and chief executive, used the moment to lay out his vision for what comes next.

...

Over the past 21 years, the Californian company has taken its graphical processing units, or GPUs, from their original market in gaming PCs to data centres, where their parallel processing capabilities have made them the main engines for the data-intensive task of training AI systems. With its attempt to buy Arm, the SoftBank-owned chip design firm, it is now trying to consolidate that position, while also getting its first toehold in some of the biggest current and future markets for silicon.

Data centres, according to Mr Huang, are the new "computing unit"...Nvidia already has the GPUs and networking technology to fulfil much of this: what it lacks is a base in CPUs, or central processing units, the core of Intel's business.

© Tyrone Siu/Reuters

A deal would leave Nvidia in the position of not only selling its own silicon, but also licensing foundational IP that other companies — some of them Nvidia's competitors — need to create their own chips.

...

The pursuit of Arm may be motivated mainly by Nvidia's ambitions in data centres, but it also opens up a broader landscape. 

Read The Whole article on the FT here:

https://www.ft.com/content/cd2dc1e5-06f6-4afb-86c7-0aac1d2f9e2d

 

November 05, 2019

July 21, 2019

Restoring #Apollo11’s Lunar Module Guidance Computer


Restorers Try to Get Lunar Module Guidance Computer Up and Running 


In 1976 in a warehouse in Texas, Jimmie Loocke bought two tons of scrapped NASA equipment. Years later he realized it included a computer from an Apollo lunar module, like the one used to guide the lander to the surface of the moon during Apollo 11. Fifty years after that mission, computer restoration experts in Silicon Valley are trying to get his computer working again. https://on.wsj.com/2Seg3v2 
The MasterTech Blog

November 29, 2018

Taiwan’s $TSMC Could Be About to Dethrone #Intel

Taiwan's TSMC Could Be About to Dethrone Intel
Taiwan Semiconductor Manufacturing Co. was created in 1987 to churn out chips for companies that lacked the money to build their own facilities. The approach was famously dismissed at the time by Advanced Micro Devices Inc. founder Jerry Sanders. "Real men have fabs," he quipped at a conference, using industry lingo for factories.
These days, ridicule has given way to envy as TSMC plants have risen to challenge Intel at the pinnacle of the $400 billion industry. 
What Intel investors really worry about is that the largest internet companies will start making their own chips. This week, Amazon.com Inc., the biggest cloud-computing company, announced its first in-house server processor. The Graviton is made by TSMC, and it supports a new version of an Amazon cloud service that's more than 40 percent cheaper than a similar offering powered by Intel chips, the company said.

May 05, 2017

#Techstocks - $XLK Trading against the upper trendline - After 5X rise from 2009, maybe it's time to say goodbye?

Attached is the long term chart of the Technology Select Sector SPDR (XLK) US$ 54.77.

 

As can be seen XLK is trading against the upper long term trendline, an upward channel going back to 2010. Every time XLK traded at the upper line at least a correction started.

 

We also attached the long term Point & Figure chart, which shows the huge advance since last summer.

 

There are investors believing that trees can grow higher than airplanes can fly at high altitudes. We don't. This index is at a vertiginous high and most worrisome.

 

The lights have turned from green to yellow

(amber) and as per traffic lights, the next

colour is red! Reasonable investors must

say goodbye to technology stocks

 

October 26, 2015

Are Some Tech #Startups ‘Subprime’? - Moritz from Sequoia Capital seems to think so

In the age of the #unicorn, many are prioritizing valuations  over deal terms. 

" to those who seem to be­lieve that the cur­rent state of af­fairs is sus­tain-able, I would ask this: When in his-tory has ever-in­creas­ing fi­nan­cial com­plex­ity, lack of trans­parency, per­verse in­cen­tives and new ways to ex­tend credit and in­crease lever-age not even­tu­ally led to dis­as­ter?"

This from The Wall Street Journal.

Are Some Tech Startups 'Subprime'?

http://www.wsj.com/articles/the-dangers-ahead-if-tech-unicorns-get-gored-1445832492


October 20, 2015

#Selfies, #Spycraft & #OpenSource Intelligence

@ForeignPolicy reports:
From commercial satellite photos to Facebook posts, tracking Russia’s military intervention in Syria has never been easier for the world’s amateur and professional spies. 



When Selfies Are a Tool of Intelligence
BY ELIAS GROLL

OCTOBER 19, 2015

@ELIASGROLL
As Russia has deployed troops and planes to Syria to reinforce the crumbling rule of President Bashar al-Assad, the run-up to its intervention has been documented in a near real-time basis — an almost unprecedented demonstration of the power of open source intelligence.
Moscow began its aerial campaign against Sunni rebels in Syria on Sept. 30. But more than a month earlier, evidence began surfacing online that pointed to Russia’s military buildup along Syria’s western coast. 
On Aug. 22, a Turkish blog postedphotographs of a Russian cargo ship that had transited the Bosphorus two days earlier. On its deck, covered by tarps, sat the unmistakable forms of Russian BTR-class armored troop carriers. A day later, a video surfacedcontaining what appeared to be audio fragments of Russian military commands. The video also includedfootage of an advanced Russian fighting vehicle, the BTR-82. 
As Russia’s military buildup continued, the open source evidence of its involvement in Syria flooded the Internet. In late August and early September, Russian troops being deployed to Syria posted selfies on social media sites saying they were headed to Russia’s naval port in Tartus on the Mediterranean Sea. On Sept. 2, photos of alleged Russian jets and drones in the skies over Syria appeared on Twitter. During the first half of September, aviation enthusiasts started tracking Russian An-124 cargo flights — similar to the American C-5 Galaxy — to Syria. Moscow said the planes were delivering humanitarian aid, but at least one was photographed at a Russian military base being loaded with an attack helicopter. 
By the middle of September, commercial satellite images showedRussian fighter jets deployed to Syria. In the days that followed, video footage and photographs posted online showed the jets flying in Syrian skies. On Sept. 30, bombs began falling from those jets. 
Arguably, no one has done more to catalog and analyze the volumes of open source information than Ruslan Leviev, a 29-year-old Russian who founded what he calls the Conflict Intelligence Team. The group of six full-time analysts goes through the painstaking work of attempting to verify the digital detritus that the Russian army has left in its wake as it has deployed to Syria. Leviev has been posting compilations of photographs, maps, tweets, videos, and satellite images on his LiveJournal.
“We are not journalists. Are we combatants? It certainly seems so,” Leviev told Foreign Policy, noting that he and his team describe themselves as members of the Russian political opposition. “We perform conflict investigations. We work with soldiers to show them the real situation. We work with soldiers’ relatives to help them. We are fighting for our country and will do it until we win.”
Leviev says he has received death threats, both anonymous and named; he has also been summoned by a St. Petersburg prosecutor for examining the presence of Russian military intelligence units in eastern Ukraine. Leviev says the prosecutor wants an explanation for his work documenting the death of a military intelligence officer in Donbass, a contested region of eastern Ukraine.
Intelligence experts and observers of the Russian military say the only real precedent for the real-time documentation using open source tools of a foreign military adventure was Russia’s invasion of Ukraine and its annexation of Crimea. That work was in some ways easier. “Internet coverage is good; many locals use social networks and some events, such as the takeover of the parliament building, were even broadcast live,” Leviev said, adding that the ubiquitous presence of dashboard cameras in cars in Russia and Ukraine has provided voluminous video material. “There is nothing like that in Syria.” As the conflict in Ukraine has dragged on, open source efforts to document the war have logged the appearance of tanks, weapons systems, and troops. 
The greater availability of open source intelligence has been enabled in part by enormous growth in the commercial satellite industry, which in 2013 saw revenues of $195 billion, according to one industry report. Firms such as DigitalGlobe and Airbus, giants in the field, provide their clients with satellite imagery that is not far from the vaunted capabilities of the U.S. government. The quality of images produced by American spy satellites is one of the government’s most closely held secrets, so it’s impossible to provide an exact comparison between the capabilities of private sector satellites and the government’s. 
But one indication of the quality of private sector satellites is that the U.S. government is a frequent customer. The U.S. National Geospatial-Intelligence Agency has acontract with DigitalGlobe, and in April 2014, NATO used images captured by the company to publicly document the buildup of Russian troops near the Ukrainian border. 
Stephen Wood, whose 14-year CIA career included work on satellite imagery analysis, is now CEO of All Source Analysis. His company analyzes satellite imagery, including pictures of Russian troop deployments in Syria. “I’ve been doing this stuff for 30 years, and, to me, there were a couple times in the last month when we were directly involved in doing this kind of work that I looked back and said, ‘I never thought we would be able to do this using open source information,’” Wood said. 
Nonetheless, defense intelligence experts caution there are many ways in which open source intelligence continues to lag behind classified methods employed by the CIA, NSA, and the rest of the American intelligence community. And even as some members of Congress have complained about the quality of intelligence they’ve received on Russia, the White House has insisted it was not caught flat-footed by Moscow’s intervention. 
“We knew that [Putin] was planning to provide the military assistance that Assad was needing because they were nervous about a potential imminent collapse of the regime,” President Barack Obama told CBS’s 60 Minutes in an Oct. 11 interview. 
As evidence that Russia was moving men and materiel into Syria was amassing online in late August and early September, U.S. officials were taking action to counter Moscow — even if they failed to prevent the intervention. On Sept. 5, U.S. Secretary of State John Kerry warnedRussian Foreign Minister Sergei Lavrov that an expansion of Moscow’s military presence in Syria may result in a “confrontation” with U.S. forces operating there. In following days, the United States asked countries in the region to close their airspace to Russian cargo flights. 
For major powers such as the United States and Russia, the explosion of open source information has made it far more difficult to keep covert actions secret. When troops bearing no national insignias turned up in Ukraine, open source analyses of their gear and uniform quickly gave them away as Russian troopers. Steve Slick, the director of the Intelligence Studies Project at the University of Texas at Austin and a 28-year CIA veteran, pointed out, “The collection and dissemination of tail numbers of aircraft allegedly involved in U.S. government terrorist renditions generated unforeseen scrutiny and complicated our government’s efforts to detect and disrupt terror plotting.” 

August 11, 2015

#TelAviv is where the money is. The #startupnation became the exit nation in 2014, with Israeli tech sales and IPOs hitting $15 billion



WIRED's 100 Hottest European Startups 2015: Tel Aviv is where the money is when it comes to an emerging startup culture (Wired UK)

Europe's hottest startups 2015: Tel Aviv


                       
Corbis

Oliver Franklin-WallisOliver Franklin-Wallis

Assistant Editor, WIRED
This article was first published in the September 2015 issue of WIRED magazine. Be the first to read WIRED's articles in print before they're posted online, and get your hands on loads of additional content by subscribing online
Tel Aviv is where the money is. The startup nation became the exit nation in 2014, with Israeli tech sales and IPOs hitting $15 billion (£9.5bn) according to analysis by PriceWaterhouseCoopers.
Expect 2015 to be another huge year, with $910 million raised in one January week alone and Outbrain and IronSource preparing IPOs. "What sets Israel and Tel Aviv apart is its openness," says Naomi Krieger Carmy, director of the British embassy's UK-Israel Tech Hub. "You can meet almost anyone, and everyone knows and talks to -- and about -- each other."
The next step, says Windward CEO Ami Daniel, is scaling up. "Entrepreneurs will focus not only on innovative technologies," he says, "but on building disruptive companies out of Israel."

Corbis

Consumer Physics

11 Galgalei Haplada Street, 
Herzliya 46773
Consumer Physics wants to build a molecular map of the world. Founded by Dror Sharon and Damian Goldring in 2011, it makes the $250 USB-sized SCiO molecular spectrometer that can identify the chemical make-up of objects. It raised $2.7m on Kickstarter, and says it will be ready to ship its first SCiO this autumn, with 1,000 developers signed up.

PlayBuzz

37 Menachem Begin Street, 
Tel Aviv 65220
PlayBuzz is an app and tool for creating listicles and personality quizzes. Founded in 2013 by Shaul Olmert -- son of former Israeli prime minister Ehud Olmert -- the company now claims 80 million unique users per month. In March 2015, it announced $16m in funding to expand, and has hired 60 staff. It has also opened an office in New York.

StoreDot

16 Menachem Begin Street, 
Ramat Gan 5270003
Spun out of Tel Aviv University in 2012, StoreDot has developed a smartphone battery that can be charged in one minute. It has raised $42m in Series B funding from private investors to develop the battery, which uses bio-organic compounds to create ultra-fast charge storage. It is now working on partnering with smartphone makers and plans a 2016 launch.

Windward

2 Har Sinai Street, 
Tel Aviv 65816
Founded in 2010 by former Israeli Navy officers, Windward analyses commercial satellite feeds and maritime data to track the location and contents of every major seafaring vessel in the world. The company secured £7m in funding led by Horizon Ventures in April 2014. Its aim: real-time updates and insights for maritime markets and intelligence agencies.

Moovit

3 Pinhas Sapir Street, 
Ness Ziona 74063
Moovit's transport app provides real-time public navigation on buses, trains and tubes. Using a combination of public-data feeds and feedback from users, it claims to provide travel times more accurately than its rivals. Founded in 2011, the company had 15 million users worldwide and, in January 2015, raised $50m from investors including Nokia Growth Partners and BMW.

SimilarWeb

23 Menachem Begin Street, 
Tel Aviv 6618356
SimilarWeb is a tool that lets you analyse the performance of websites and apps. It provides traffic rankings and insights by analysing a pool of data from various sources. In November 2014, it raised $15 million in series D funding with plans to expand into app analytics and to open a New York office, having already expanded to London and Dubai.

Zebra Medical Vision

Shefayim Commercial Centre 
Kibbutz Shfayim
Zebra Medical teaches computers to diagnose diseases. Founded in 2014 by Eyal Gura, Eyal Toledano and Elad Benjamin, the startup has partnered with Israeli imaging centres and universities worldwide to build a database of images. "We have millions of diagnosed MRIs, CT scans and X-Rays," says Gura. In April it secured $8m in funding led by Khosla Ventures.

July 07, 2015

No #Internet? No Problem. Inside #Cuba's Tech Revolution - #ElPaqueteSemanal #Vistar #AlaMesa

An excellent article on the young tech entrepreneurs leading the way in Cuba from Forbes. 

No Internet? No Problem. Inside Cuba's Tech Revolution





Elio Hector Lopez helps to put together El Paquete Semanal, a weekly digital package of movies, TV shows, digital magazines, software and apps that gets copied and distributed throughout Cuba. (Alejandro Gonzalez for Forbes)
Robin Pedraja, a lanky 28-year-old former design student from Havana, walked into the Cuban government’s office of periodicals and publications early last year seeking approval for a dream: starting an online magazine about Cuba’s urban youth culture. Hundreds of thousands of Cubans in recent years have been able to obtain licenses for small businesses, albeit only in a limited set of service categories such as restaurants, hair salons and translation. Media remains under strict government control. An online magazine? Pedraja was laughed off even before he could finish his pitch.

He decided to publish anyway, without identifying the magazine’s creators. The first issue of Vistar came out last March. “We had nothing to lose,” he tells me on a recent visit to his office, a room the size of a walk-in closet in his Havana apartment. Vistar is packed with attitude and eye-catching photography, covering music, art, ballet, food and celebrities. “It’s a reflection of a new Cuban generation,” says Pedraja, who grew up among artists and musicians in Havana. Soon the artsy young Cubans who were reading Vistar all seemed to know who was behind it. So Vistar published its masthead a few issues later, with Pedraja’s name at the top, e-mail address included.

June 24, 2015

The untapped potential of #Africa’s #digital dividend - This is Africa


Many countries in Africa have missed the switch to digital. The longer they wait, the larger the cost to the societies, both in foregone revenues, but most importantly, they will continue to fall back in the course of their development.

The untapped potential of Africa’s ‘digital dividend’

Around a third of African countries are set to miss a global deadline for the transition to digital terrestrial broadcasting.
This delay could cause the region to forego over $50bn in estimated dividends from the switch - as well as social and cultural benefits.

By 17 June 2015, most of the world plans to switch off analogue broadcasting signals. This was the plan agreed in 2006 by the member states of the International Communication Union (ITU), the United Nations agency dedicated to information and communication technologies.

The deadline applies to 120 countries - including 24 African states - with a waiver until 2020 for another 34 countries in Africa and the Middle East.

However, as the date approaches, only Malawi, Mauritius, Mozambique, Rwanda and Tanzania have completed the switchover to digital terrestrial television (DTT), according to the ITU.

The main consequence of not meeting the digital migration deadline is that after June, analogue signals will no longer be protected from interference. The ITU forecasts problems may arise particularly in border areas where one state has transitioned to digital broadcasting and the neighbour has not, with the latter being responsible to resolve any harmful interference.

Digital broadcasting offers a number of advantages over analogue, according to the agency. For viewers, it means more programmes, interactivity and improved quality of image and sounds.

For TV operators and content providers, it means lower costs. DTT requires less energy to ensure the same coverage as analogue. One transmitter can broadcast multiple channels, which allows for shared infrastructure.

DTT also occupies less radio-frequency spectrum than analogue TV. Governments can profit from the sale of the frequencies freed by the migration - the so called “digital dividend” - to private operators. Part of the band released are set to be allocated to mobile broadband, according to ITU member agreements signed at summits in 2007 and 2012. This move would allow even more individuals to get online using their mobile phones.

The scale of the opportunity 

By not meeting the deadline African countries are missing out on a significant economic opportunity, according to Mortimer Hope, director for spectrum and public policy Africa at GSMA, a trade association representing the interests of mobile operators worldwide.

GSMA estimates that, under a best case scenario in which digital licensing could be rolled out across sub-Saharan Africa by June 2015, governments in the region could benefit from a total GDP increase of $49bn over the next five years, with a further $15bn increase in tax revenues by 2020.

Up to 200,000 new businesses could be created, as well as half a million jobs. This would mostly result from increased economic activity related to high speed internet, but also in sectors like broadcasting, digital content creation, and related technology solution provision, according to Mr Hope.

Existing companies could also start selling value-added services in the digital space, allowing them to move up value chain.

Mr Hope claims that given the delays in the transition, it is unlikely the region will benefit from the full potential of the digital migration by the end of the decade. However he notes that “if the transition is completed in the next couple of years, it could still bring about some $26bn in GDP boost by 2020”.

The main driver of the transition, however, should not be economic gains, points out François Rancy, director of the ITU’s Radiocommunication Bureau.

“The most important aspect of making the band available for broadband mobile is that all citizens in all the countries can have access to the internet,” he says. “[The digital migration allows] more extensive internet coverage, therefore reducing the digital divide” between those who have access, and those who do not.

“It would give a chance to all the population to be connected,” he claims.

According to the latest ITU data, Africa has experienced the strongest growth in mobile broadband subscriptions since 2010, with an over 800 percent increase in the past five years. However, it still has the lowest penetration rate in the world at 17.4 people out of every 100,000 people. This compares to 40.6 in the Middle East, 42.3 in Asia-Pacific, 49.7 in the Russian Commonwealth, 77.6 in the Americas and 78.2 in Europe.

Alongside increasing internet connectivity, the digital migration will also expand the opportunities for locally produced programming on broadcast television.

DTT can host more channels than analogue, which will in turn require more content to populate them. The decreased costs of making TV will also remove some of the barriers to entry of new players into the market, according to Meredith Beal, technology adviser for the Africa Media Initiative, a pan-African organisation that seeks to strengthen the continent’s private and independent media sector.

“[More companies will start] delivering content to a greater variety of people on a broader range of subjects,” he says. “I see opportunities in vernacular languages programmes, more thematic channels on hobbies, fashion and food, for example.”

A long process

Given these potential advantages, why has digital migration been delayed?

Some countries have experienced difficulties raising the money needed for the digital switchover. Funds are needed not only to upgrade the infrastructure but also to subsidise the purchase of set top boxes for households. The digital migration has also not been a political priority in many countries, while also facing resistance from analogue broadcasters who do not want more competition in the sector, according to the ITU’s Mr Rancy.

At least 19 African countries that agreed to the 2015 timeframe for transition are very unlikely to meet the June deadline. These include some large economies such as South Africa and Kenya. Nigeria is working towards a 2020 deadline.

But this does not mean nothing has been done. According to Sylvain Béletre, associate editor and senior research analyst at Balancing-Act, a consultancy that has been tracking the progress of the digital migration in Africa, DTT has been deployed in at least 23 African countries in parallel to analogue TV. Pre-deployment pilots have also been running in another 12 countries.

Meanwhile, the ITU acknowledges that the process of switching to DTT is long and complex – and while incomplete in many jurisdictions, efforts are being made. “We can certainly say that almost all African countries are seriously working on this issue,” Mr Rancy asserts.



April 27, 2015

#Nano Bible - The smallest Bible in the world #Israel

The incredible story of the world’s smallest Hebrew Bible etched onto a microchip no larger than a grain of sugar. 

The Nano Bible
Copyright: Israel Museum, Jerusalem

Nano Bible - The smallest Bible in the world

26 Apr 2015

A new exhibition gallery of the Israel Museum's Shrine of the Book opened with the display of "And Then There Was Nano: The Smallest Bible in the World", revealing to the public for the first time the world’s smallest copy of the Hebrew Bible.

Developed by the Russell Berrie Nanotechnology Institute at the Technion in Haifa, "And Then There Was Nano" showcases the incredible story of the world’s smallest Hebrew Bible etched onto a microchip no larger than a grain of sugar. The exhibition includes narrative presentations explaining the story behind the creation of the Nano Bible and details mediums through which the Hebrew Bible has been interpreted over time.

The Nano Bible serves as a contemporary complement to the Dead Sea Scrolls, which include the oldest Biblical manuscripts in the world, providing audiences with a unique opportunity to examine the technological evolution of the Hebrew Bible from antiquity to the postmodern era. The exhibit is part of the year-long program celebrating the 50th anniversary of the Israel Museum.

What is the Nano Bible?

The Nano Bible is a gold-plated silicon chip the size of a pinhead on which the entire Hebrew Bible is engraved. The text, consisting of over 1.2 million letters, is carved on the 0.5mm2 chip by means of a focused ion beam. The beam dislodges gold atoms from the plating and creates letters, similar to the way the earliest inscriptions were carved in stone. The writing process takes about 90 minutes. The letters belong to a font unique to this technology and appear darker against their gold background. In order to read the text, it is necessary to use a microscope capable of 10,000 times magnification or higher.

Employing a modern incarnation of an ancient writing technique, this technological marvel demonstrates the wonders of present-day miniaturization and provides the spectator with a tangible measure of the achievable dimensions. Dense information storage is not unique to human culture: the blueprints of all organisms are stored by nature at even higher densities in long DNA molecules and transmitted in this form over generations.

The term "nano" derives from the Greek word nanos, meaning “dwarf.” The unit nanometer measures one billionth of a meter, a ratio similar to the size of an olive compared with the entire planet Earth. Nanotechnology makes it possible to construct new materials stronger and lighter than steel, to desalinate water more efficiently, to deliver medications to designated parts of the body without harming surrounding tissues, and to detect cancerous cells in early stages. At the dawn of the Nano Age, scientists and engineers are discovering ways to harness such exquisite control over the elementary building blocks of nature for the benefit of mankind and our planet.

The Nano Bible was conceived of and created by Prof. Uri Sivan and Dr. Ohad Zohar of the Russell Berrie Nanotechnology Institute at the Technion-Israel Institute of Technology, Haifa. It was made by engineers in the Sara and Moshe Zisapel Nanoelectronics Center and the Wolfson Microelectronics Research and Teaching Center. The first of two copies was presented by the former president of the State of Israel, Shimon Peres, to Pope Benedict XVI during his visit to Israel in 2009. The chip on display in the Israel Museum was produced especially for the Dorot Foundation Dead Sea Scrolls Information and Study Center of the Shrine of the Book.

And Then There Was Nano is co-curated by Dr. Adolfo Roitman, Lizbeth and George Krupp Curator of the Dead Sea Scrolls and Head of the Shrine of the Book, and Rotem Arieli, Dead Sea Scrolls Information and Study Center, and was made possible through the generosity of the Russell Berrie Foundation.

See the article online here: Nano Bible - The smallest Bible in the world 26 Apr 2015


September 30, 2014

Peter Thiel on #Europe's #tech #entrepreneurs & regulators

Europe is a "slacker with low expectations", held back by the poor work ethic of its people

PayPal co-founder Peter Thiel rounds on European tech entrepreneurs and regulators

Murad Ahmed and Sally Davies, FT.com



Europe is a "slacker with low expectations", held back by
the poor work ethic of its people and run by politicians that strangle
technological progress with regulations that are a "cure worse than the
disease".

That is the scathing assessment of Peter Thiel,
co-founder of PayPal, the first venture capitalist to back Facebook and
one of Silicon Valley's most celebrated investors.

Peter Thiel, co-founder of Palantir.
Adam Jeffery | CNBC
Peter Thiel, co-founder of Palantir.
"If you're a slacker with low expectations, those
low expectations are likely to be met," he said. "I don't think optimism
always works. There is a form of pessimism, such as in China where
people work really hard because they are scared that they will be old
while they are still poor.

"Pessimism
in China motivates hard work. Pessimism in Europe has a more
demotivating effect. When you're pessimistic and unmotivated, it has as
self-fulfilling character." Mr Thiel has a reputation for forthright views. In Zero to One, a new book,
he writes that tech start-ups should aspire to become monopolies
because the rapidly shifting nature of the sector ensures they "don't
typically last for ever" and that "disruption", a Silicon Valley
obsession, is a "self-congratulatory buzzword".

  Mr Thiel, a libertarian, also attacked EU regulators and policy makers, which have sought to rein in the likes of Google, Uber and Facebook, where he is a board member, with regulatory probes related to antitrust and privacy.


"Google obviously has a monopoly in search," he said. "There are all
sorts of questions about whether it is abusing that monopoly or not. But
I distrust the power of the EU regulators to make things better. I
think the [technology industry] is dynamic enough that the Google
monopoly will not last for ever. In practice, anything [the EU does] to
micromanage the Google product will produce a cure that's worse than the
disease."

He does have encouraging words to say about London,
which he said straddles continental Europe and the US in attitude and
has overtaken Berlin as the best and "most logical place" to build
technology businesses. "People just work harder here ," he said. "They
just work less hard in Berlin."

Mr Thiel, who has rarely
invested outside of the US, has invested in two start-ups based in the
UK capital: TransferWise, a money transfer business, and Deepmind, an
artificial intelligence group bought by Google for £400 million last
year.

The city's strength is in start-ups that combine financial
services and technology. "London is a financial hub, and unlike New
York, it's not a financial hub where people hate finance," he said.


"There's much more of a self-hating character to New York than there is
to London. This matters, because if you start a tech company in New
York, you will do something very far from finance. Whereas in London, it
would be perfectly respectable to do something with finance and
technology."

But he is critical of Rocket Internet, the German
ecommerce venture capitalist, which announced the pricing for an initial
public offering, targeting a midpoint market capitalisation of €6.2bn,
last week. The €1.5bn IPO was fully subscribed within hours of orders
being taken, leading the group to bring forward the flotation.


"I would not invest in Rocket . . . I would not take a venture capital
firm public, because so much of the value comes from the people who have
started the companies, and its hard to separate the human capital from
the operational component," he said.

He added that Rocket's
companies, which often involve imitating successful business models from
the US and exporting them to new markets, are "much more plays on
globalisation than on technology . . . and I believe technology is more
important than globalisation".



See the article online here: PayPal co-founder Peter Thiel rounds on European tech entrepreneurs and regulators



March 11, 2014

The Youngest Technorati @NYTimes


“Things used to be linear. You went to a good school and
you got a good job, and that was the societally acceptable thing to
do,” said Ms. Stern, Ryan’s mother, who was a straight-A student and is a
graduate of Duke University.

Now, she said, “there is no rule book.”

The Youngest Technorati

From
left, Michael Hansen, Ryan Orbuch and William LeGate at the TEDxTeen
event in SoHo this month. Michael and Ryan, both in high school,
developed the procrastination-fighting app Finish, which became a top
seller.
Benjamin Norman for The New York Times

Ryan
Orbuch, 16 years old, rolled a suitcase to the front door of his
family’s house in Boulder, Colo., on a Friday morning a year ago. He was
headed for the bus stop, then the airport, then Texas.

“I’m going,” he told his mother. “You can’t stop me.”

Stacey Stern, his mother, wondered if he was right. “I briefly thought: Do I have him arrested at the gate?”

But the truth was, she felt conflicted. Should she stop her son from going on his first business trip?


Ryan was headed to South by Southwest Interactive, the technology conference in Austin. There, he planned to talk up an app that he and a friend had built. Called Finish,
it aimed to help people stop procrastinating, and was just off its high
in the No. 1 spot in the productivity category in the Apple App store.
Ryan was also eager to go because, as he put it: “There were really dope
people, and I really like smart-people density.”

Ms. Stern loved
her son’s passion, but told him that he could go to Austin only if he
finished the schoolwork he’d neglected while building the app. But Ryan
didn’t comply, and, like battle-weary parents everywhere, she let him go
anyway.

Ryan is now 17, a senior at Boulder High. He is among
the many entrepreneurially minded, technologically skilled teenagers who
are striving to do serious business. Their work is enabled by low-cost
or free tools to make apps or to design games, and they are encouraged
by tech companies and grown-ups in the field who urge them, sometimes
with financial support, to accelerate their transition into “the real
world.” This surge in youthful innovation and entrepreneurship looks
“unprecedented,” said Gary Becker, a University of Chicago economist and a Nobel laureate.

Dr.
Becker is assessing this subject from a particularly intimate vantage
point. His grandson, Louis Harboe, 18, is a friend of Ryan’s, a
technological teenager who makes Ryan look like a late bloomer. Louis,
pronounced Louie, got his first freelance gig at the age of 12,
designing the interface for an iPhone game. At 16, Louis, who lives with
his parents in Chicago, took a summer design internship at Square, an online and mobile payment company in San Francisco, earning $1,000 a week plus a $1,000 housing stipend.

Ryan
and Louis, who met online in the informal network of young developers,
are hanging out this weekend in Austin at South by Southwest. They are
also waiting to hear from the colleges to which they applied last fall —
part of the parallel universe they also live in, the traditional one
with grades and SATs and teenage responsibilities. But unlike their
peers for whom college is the singular focus, they have pondered whether
to go at all. It’s a good kind of problem, the kind faced by great
high-school athletes or child actors who can try going pro, along with
all the risk that entails.

Dr. Becker, who studies microeconomics
and education, has been telling his grandson: “Go to college. Go to
college.” College, he says, is the clear step to economic success. “The
evidence is overwhelming.”

But the “do it now” idea, evangelized
on a digital pulpit, can feel more immediate than academic empiricism.
“College is not a prerequisite,” said Jess Teutonico, who runs TEDxTeen,
a version of the TED talks and conferences for youth, where Ryan spoke a
few weeks ago. “These kids are motivated to take over the world,” she
said. “They need it fast. They need it now.”

The college-or-not
debate neglects other questions that high school students like Ryan and
Louis and their families are wrestling with now: Go to class or on a
business trip? Do grades still matter? What do you do with $20,000 when
you’re 15? And when the money rolls in, what happens to parental
control?

“Things used to be linear. You went to a good school and
you got a good job, and that was the societally acceptable thing to
do,” said Ms. Stern, Ryan’s mother, who was a straight-A student and is a
graduate of Duke University.

Now, she said, “there is no rule book.”

Productive Procrastination

Ryan
and his business partner, Michael Hansen, who is 17, met in seventh
grade. They each had a pet lizard and liked computers. They were nerdy,
but not nerds, and they were complementary: Michael is precise and, like
his close-cropped hair, not flashy. In the partnership, he’s the
programmer. Ryan is high-energy; he talks in veritable tweets, bursts of
slick, hypercasual quips laced with start-up vernacular. (South by
Southwest is “South By.” Of the author John Green, he says, “Everyone my age loves him, which is really interesting from a teen sociology product development perspective.”)

But Michael and Ryan shared a goal: “Since middle school,” Michael said, “we wanted to make an app.”

App
making, while hardly child’s play, has become easier. It’s not
necessary to know intensive programming language to make a simple one.
Apple, as well as other phone makers and tech companies, provide
shortcuts, like templates that let you drop in images or automate
payment methods. But making a complex app is still a big deal, requiring
programming expertise and design and business savvy. And competition is
fierce, with a million apps in the iPhone store alone.

Ryan was
studying for his 10th-grade finals in December 2011 when he thought: I
wish there was something that would help me stop procrastinating. So, he
procrastinated by sketching a picture of a to-do-list app that would
let you clump tasks into three time frames: short term, medium term and
long. The idea was to help people prioritize and not feel overwhelmed.

He
texted the crude picture to Michael. By that March, when both were 15,
“we had our first mock-up,” Ryan said. By June, they were at it hours
every day, refining the design, with Michael writing thousands of lines
of code using Objective-C, a computer language that he learned from
online tutorials. Ryan refined the design and networked. One night that
summer, they went to an informal meeting of Boulder entrepreneurs, who
asked, mostly in jest: “What’s your favorite kind of beer?” They drank
water.

On Jan. 15, 2013, the day before the launch of the app,
Ryan pulled his first all-nighter, sending publicity notes to
TechCrunch, Forbes and other media outlets. Within days the app, priced
at 99 cents, was No. 1, en route to having 50,000 paid downloads. After
Apple took its 30 percent, the boys split about $30,000.

Ryan’s
dedication came at a cost to his grades. The previous spring, he was
almost an all-A student; the fall before the launching, busy with
business, he earned four Bs and two Cs. At school, he’d break the
no-cellphone rule when he saw an incoming call from the 415 or the 408
area code. Silicon Valley, and potential business, calling.

Maybe he was making up for lost time. He was 16, and, at least when compared with Louis Harboe, he was playing catch-up.

First Job at Age 12

As
a child, Louis loved drawing, and at age 10, he got into Photoshop. He
made a portfolio of designs, like icons to use in place of
computer-program icons on your desktop; he shared them on his website
and on Twitter, seeking feedback from designers and developers.

He
didn’t reveal his age; his online profile picture was a smiley face.
“You don’t want to tell anyone you’re 11,” he said, “because no one will
hire you.”

His first job was to design the look of a puzzle game.
It took a week of work. The game maker asked Louis his fee. But he was
12. He had no idea. “Um...,” Louis remembers stalling. “$150?”

“He was like: How about a little more because I really like you?” Louis got $350.

Louis
got a handful of such gigs, and email inquiries for full-time jobs,
including interest from Mozilla and Spotify when he was 14. The next
year, an email came from an Apple talent scout. This time, Louis
conceded his age and received this response: “You’re the second high
schooler I’ve emailed. What are they teaching you in high school these
days?”

In the summer after 10th grade, he was hired by Square, the
payment company; he says he heard the predictable “child labor law
jokes.” Lindsay Wiese, a Square spokeswoman, said that its internship
program focuses on “talent, not age,” and that it looks for leaders
“like Louis” who provide a diversity of perspective. Young people
understand young consumers.

For Louis, the money has added up,
around $35,000 in all, most of it spent on computers and accessories,
some on business trips and some on eating out. Not on the college fund.

Along
with his own money, he came back from San Francisco with what his
father, Frederik Harboe, lovingly describes as a touch of attitude.
Louis, his dad said, developed a taste for high-end coffees, and
remarked on the lack of sophistication of his father’s “dinner platings”
— the arrangement of food on the plate. At Square, there was free
Odwalla orange juice. His family drank Tropicana. He came home after the
first summer asking why his parents weren’t matching Silicon Valley’s
breakfast-drink brands, recalled his mother, Catherine Becker, who
manages a clothing store. “Because Odwalla fresh-squeezed is very
expensive!” she told her son.

In San Francisco, Louis was seeing
techies who had skipped college, or dropped out, and were making it big
in real life. Back in Chicago, his dad suggested that Louis apply to
Carnegie Mellon University, and recalled his son saying, “You want me to
go where — to Pittsburgh?”

Last June, Louis attended the
Apple Worldwide Developers Conference in San Francisco. A year earlier,
Apple lowered its minimum age of admission to the annual conference to
13 from 18, owing to interest from young people. Louis was one of around
150 students to win a free ticket — ordinarily costing around $1,600 —
to attend; he had previously collaborated on two apps, Mathmaster and
iChalkboard.

Other student winners, Apple said, have included
Puck Meerburg, now 14, from the Netherlands, who has released 10 apps.
He gave a TEDx talk at age 11. Lenny Khazan, 15, a ninth grader in
Woodmere, N.Y., who started basic programming in fourth grade, has a
handful of apps; he says he collaborates with teenagers around the
world, including one in Singapore and another in Ohio. Another
scholarship winner in 2013 was Larissa Laich, now 18, from Germany, who
Apple said has six published apps.

Ryan attended the conference,
too, and he and Louis shared a room at the Best Western to save money.
This was their first meeting in person, and Louis watched Ryan with
something like awe. “Every day he had some meeting with some Apple exec
to go to, or he’d say, ‘I’ve got to go to this Bloomberg thing,’ ” Louis
said. “He’s incredible at networking.”

Ryan kept his conference
admission badge, which shows that he is an award winner. “It was like
gold,” Ryan said. “You can get a meeting with anyone with one of those,”
he paused. “But you can’t get into the over-21 parties.”

The Enablers

“I love Ryan’s energy!” Danielle Strachman said. “He embodies the go-getter.”

Ms. Strachman is the program director of the Thiel Fellowship,
which annually awards $100,000 each to 20 young people to pursue their
innovations or businesses. The first year, there were 400 applicants,
and this year there are around 550. Among them was Ryan, who recently
learned that he is a semifinalist. The winners will be announced in
June.

Even over the phone, Ryan impressed Ms. Strachman so much
that she invited him to do an introductory talk at Thiel’s fourth “Under
20 Summit,” held last November in New York. There were 350 attendees,
from ages 9 to 19 — double the attendance from a year ago.

Team
Thiel doesn’t say that college is bad for everyone, but rather, that
having a degree doesn’t insulate people from economic tumult. Young
people with talent and ideas should “strike while the iron is hot,” as
Ms. Strachman put it.

Or, as Jonathan Cain, 32, president of the Thiel Foundation,
which oversees the fellowship, described the situation: “The safe
career track is totally broken.” Even lawyers are laid off, he said, and
janitors have Ph.D.’s. Young people “need a greater sense of urgency
than in the past,” he said, while “college has an infantilizing effect;
it’s an extension of adolescence.” He graduated from Yale, but said it
didn’t dawn on him that there were other options; Ms. Strachman
graduated from Simmons College in Boston.

Other programs are cropping up to support college alternatives. Enstitute, a nonprofit
that puts 18- to 24-year-olds in company apprenticeships, placed 11
interns in its first year, 2011, and will place 500 this year. A
co-founder, Kane Sarhan, said that 20 percent of interns, making $25,000
a year, come directly from high school. But he also encourages college
for many people, saying it’s the rare teenager who is ready for the
“work, motivation and time” that it takes to go directly into the real
world.

In another sign of the trend, some of the biggest tech companies, including Facebook, eBay and Microsoft, are sponsors for “HSHacks,”
a programming talent contest this weekend that signed up 800 students
aged 13 to 18. The event was organized by Shrav Mehta, 17, a high school
senior. The event’s tagline is “Welcome to the Big Leagues.”

Economists
who study education largely agree that college matters greatly to
future financial gain. In general, college graduates find better jobs
and earn higher wages than those with only a high school degree, said
Sandy Baum, an education scholar at George Washington University, though
she acknowledged the economic uncertainty for many graduates. “But
that’s so much more true of people who did not go to college,” she said,
and to suggest otherwise is “misleading a lot of people.”

Dan Finnigan, chief executive of Jobvite,
which helps tech companies find talent, agreed, adding that a tech
sensation might not last. “You may be hot for now, but we live in a
fashionable society,” he said. When the economy softens, or a start-up
or two fails, “it’s going to catch up to that person.”

Silicon
Valley, which has long valued young consumers as early adopters of
technology, seems particularly drawn these days to the wisdom of young
creators and entrepreneurs. Hunter Walk, a partner in an investment firm
called Homebrew, met with Ryan Orbuch earlier this year, when the teenager asked for his insights into Finish.

“It
wasn’t like he showed up and I said, ‘You’re just a kid,’ ” said Mr.
Walk, who knew Ryan’s age. The investor says he benefits from hearing
the insights of young people. “The age gap collapses pretty quickly when
you’re talking product and design,” he said.

Mr. Walk conceded
that there could be a risk of making too much of early tech success.
“You start to ask the same questions you do about child stars in
Hollywood,” he said. “Did they peak at 17, and never have another great
app?”

Waiting for the Future

“I’m scared
that my parents were right when they wanted me to focus completely on
school, but I deeply believe I’ve done the right thing.”

Ryan
wrote that as part of his Thiel Fellowship application, in answer to a
question about important truths in his life. He also wrote 11 college
applications, including one to Stanford, his dream school. His grades,
however, had dropped further; last fall, he received two Ds.

His Thiel application was for something he calls “fixschool.org,”
a concept for inspiring and motivating students “in ways that were
never before possible” with real-world tasks as opposed to homework.

It’s
not clear what he will do next; it depends, he said, on where he gets
in. In the meantime, he and Michael are pushing ahead with Finish. Just
last weekend, they relaunched it as a free app — but with paid add-in
functions — and got more than 50,000 new downloads in just 48 hours.

Louis
is committed to college, a view that solidified in the fall, partly
after bearing witness to the experience of friends in the working world.
“Their Facebook posts are all about work,” he said. “Their lives don’t
seem that interesting.”

There was another reality check. Last
summer, after he spent the better part of a year designing a beautiful
app to show the changing tides, Apple changed the design specs and Louis
had to scrap his project.

So, last fall, he took a break from
heavy design work — though he still wants it to be a big part of his
life and plans to develop apps in college — and he picked up his dad’s
guitar and taught himself to play. He applied to Carnegie Mellon. He
also applied to Georgia Tech, without parental prompting. It wasn’t lost
on his father that both schools were far from Silicon Valley.

Louis
said he wants “the full college experience.” It’s almost as if he’s
been given the gift of seeing an alternate version of his life — that of
a passionate developer who leaps into the tech fray — and realizes that
the real world is a lot of work.

“I want to have fun,” he said. “I still feel like a kid — kind of.”


Read the article online here: The Youngest Technorati - NYTimes.com






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