[INSIDERS] 5 Tech Info to Shine in Society
For Alibaba’s 18th birthday, its CEO and founder paid with his person in front of an audience of 40,000 employees. For the richest man in China, less is definitely not more, since Jack Ma made his debut on stage in large capacity, masked and dressed as the late King of Pop, chest decorated with two crossed belts of golden ammunition – connoisseurs will recognize the 1993 Superbowl influence, Dangerous era – before doing a few dance steps on Billie Jean and to train his troops in a group choreography, halfway between the end of year show and the demonstration of martial force.
This is not the first time that Jack Ma is committed to renewing the exercise of the company agreement : in 2009, he notably sang the theme of Lion King, in an outfit that Lady Gaga would not have denied, platinum blonde wig topped with an Iroquois.
Alibaba’s performance is as exuberant as that of its boss: for the record, the e-commerce giant has achieved a turnover of 22.9 billion dollars, up 56% compared to the previous year, for its 2016 – 2017 fiscal year, closed at the end of March.
Spotted on Recode, some good sheets from the book Streampunks: YouTube and the Rebels Remaking Media, written by Robert Kyncl, Chief business officer of YouTube since 2011. Prior to taking up his position at YouTube, Kyncl worked at Netflix, where he served as Vice President Content Acquisition, in charge of the rights acquisition policy for the streaming platform.
In this book, co-written with Maany Peevan of Google, he looks back at the moment when Netflix, whose historic activity consisted of renting DVDs by post, embarked on its digital transition. In the mid-2000s, network sizing and falling bandwidth prices finally made the possibility of a digital model possible; very committed to quality, like most players in this market, Netflix was moving towards a box model with videos to download. It was the YouTube revolution that made them give up the idea of launching a device on behalf of Netflix (the box was then developed by Roku, in which Netflix invests) to engage in OTT distribution via a streaming platform launched in 2007. You can read it here: The inside story of how Netflix transitioned to digital video after seeing the power of YouTube
On the occasion of Apple’s last keynote, the New-York Times has fun, in a Prévert-style inventory, to list everything the iPhone has helped to do away with in our daily lives.
Bloomberg reports that the American unicorn, operator of workspaces and shared offices, is attacking the Chinese URWork, positioned on the same services, before the New York courts, for trademark infringement. WeWork considers in its complaint that URWork deliberately maintains confusion over the structure and sound of the brand, the logo, the mobile icons and the design of its offices, thus parasitizing the branding work carried out by WeWork, to develop its competing activity. . In a statement to Bloomberg, URWork defends itself against these accusations by advancing the generic nature of the word Work.
Rivalry is growing between the two operators, who share broad international ambitions. WeWork is now valued at $ 20 billion. Founded in 2015, its Chinese competitor operates 78 offices in 32 cities in its domestic market – well ahead of WeWork. URWork has raised $ 236 million in recent months, supported among others by Sequoia Capital and a fund close to Ant Financial, the financial services subsidiary of Alibaba, intended to finance an international expansion plan aimed at opening 160 locations in 32 cities, within three years.
Jamie Diman, boss of JP Morgan Chase, said on Tuesday at a conference in New York that bitcoin was a “scam” and the currency was destined to explode in mid-flight. He also indicated that he would immediately fire any trader at the bank who worked with the cryptocurrency. However, it does not include blockchain, the technology behind virtual currency, in its attacks.
This is not the first time that Jamie Diman has spoken on the subject: in 2014, he expressed his opinion on the subject. Quartz also had fun to correlate each of its statements with the evolution of the price of bitcoin over the period. Here is what it gives: When Jamie Dimon warns against bitcoin, it’s usually a good time to consider buying some