Tag Archives: google

Your auto’s data may soon be more valuable than the car itself

Description:  People have made fortunes selling cars and trucks. For many of us, a car is the second most expensive thing we’ll ever buy. But experts say the value of vehicles will likely pale in comparison to the riches from our cars’ data.

Source: CNN.com

Date: Feb 7, 2017

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“Data is the currency of the digital age,” said Jim Barbaresso, who leads Intelligent Transportation Systems at HTNB. “Vehicle data could be the beginning of a modern day gold rush.”The gold rush analogy is a common one, made by everyone from Barbaresso to the CEO of Daimler. Here’s why there’s so much potential:

Cars increasingly have sensors and cameras to track their performance and their surroundings. Vehicle sensors, for example, can better tell when an engine part is in need of replacement. A back-up camera doesn’t just help us park, it can tell how many pedestrians or vehicles are on a block.

These sensors generate data, which can be analyzed to make money. (If you doubt the way data can be turned into money, just look at the success of Google (GOOG) and Facebook (FB, Tech30). They offer free services to billions, and make a fortune off the data they collect.)

 READ REST OF STORY

 Questions for discussion:

1. Why will car data be worth as or more than the actual self-driving car?

2.  Who should benefit or accrue the benefits of the data that your car collects?  Explain

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Tech’s ‘Frightful 5’ Will Dominate Digital Life for Foreseeable Future

Description:There’s a little parlor game that people in Silicon Valley like to play. Let’s call it, Who’s Losing?

Source: nytimes.com

Date: Jan 20. 2016

There are currently four undisputed rulers of the consumer technology industry: Amazon, Apple, Facebook and Google, now a unit of a parent company called Alphabet. And there’s one more, Microsoft, whose influence once looked on the wane, but which is now rebounding.

So which of these five is losing? A year ago, it was Google that looked to be in a tough spot as its ad business appeared more vulnerable to Facebook’s rise. Now, Google is looking up, and it’s Apple, hit by rising worries about a slowdown in iPhone sales, that may be headed for some pain. Over the next couple of weeks, as these companies issue earnings that show how they finished 2015, the state of play may shift once more.   read rest of story

Questions:
1.  Does this narrative of the tech industry give you positive view of of tech development going forward ?  why or why not?

2.   “Tech people like to picture their industry as a roiling sea of disruption”    Do you agree with this statement, why or why not?

Giving the Behemoths a Leg Up on the Little Guy

Description: Every year, the internet gets a little less fair. The corporations that run it get a little bigger, their power grows more concentrated, and a bit of their idealism gives way to ruthless pragmatism.

Source: nytimes.com

Date:May 3. 2017

This column is nominally about network neutrality, the often sleep-inducing debate about the rules that broadband companies like Comcast and AT&T must follow when managing their networks. But really, this is a story about ballooning corporate power.

At the moment, the internet isn’t in a good place. The Frightful FiveAmazon, Apple, Facebook, Microsoft and Alphabet, Google’s parent company — control nearly everything of value in the digital world, including operating systems, app stores, browsers, cloud storage infrastructure, and oceans of data from which to spin new products. A handful of others — Comcast, AT&T, Verizon — control the wired and wireless connections through which all your data flows. People used to talk about the internet as a wonderland for innovative upstarts, but lately the upstarts keep getting clobbered. Today the internet is gigantic corporations, all the way down.  read rest of story

Questions:
1.  What is Network Neutrality?

2.  What are the pros and cons of network neutrality?

A Primer on Google Wallet and Android Pay

Description: Android Pay is essentially a digital payments system that consumers can use to buy things online or in stores from retailers and others who also use the service.

Source: www.nytimes.com

Date: May 28, 2015

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To use Android Pay, smartphone users with up-to-date versions of the Android operating system will be able to load Visa, MasterCard, American Express or Discover cards onto their phones. From there, they will be able to wave the phone over the terminals in more than 700,000 stores around the United States to pay for items. Android Pay will also work inside mobile apps from participating developers.

Google will use a technology called tokenization to provide merchants with a customer’s payment information without having to hand over their actual credit card number.

As with Apple Pay, Google will let customers verify their identity using their fingerprint, a technique which will be built into the next version of Android.    Read Rest of Story 

 Questions for discussion:

1.  Will this new payment system succeed “ANDROID PAY”  Why or Why Not?

2.  What is the business model of both Android Pay, Google Wallet or Apple Pay?  Is it sustainable?

A Primer on Android Pay and Google Wallet

Description: Android Pay is essentially a digital payments system that consumers can use to buy things online or in stores from retailers and others who also use the service.

Source: www.nytimes.com

Date: May 28, 2015

28bits-androidpay-blog480

To use Android Pay, smartphone users with up-to-date versions of the Android operating system will be able to load Visa, MasterCard, American Express or Discover cards onto their phones. From there, they will be able to wave the phone over the terminals in more than 700,000 stores around the United States to pay for items. Android Pay will also work inside mobile apps from participating developers.

Google will use a technology called tokenization to provide merchants with a customer’s payment information without having to hand over their actual credit card number.

As with Apple Pay, Google will let customers verify their identity using their fingerprint, a technique which will be built into the next version of Android.    Read Rest of Story 

 Questions for discussion:

1.  Will this new payment system succeed “ANDROID PAY”  Why or Why Not?

2.  What is the business model of both android pay or or Apple Pay?  Is it sustainable?

Data Monopolists Like Google Are Threatening the Economy

Description: The White House recently released a report about the danger of big data in our lives. Its main focus was the same old topic of how it can hurt customer privacy.

Source: HBR.com

Date: March 2, 2015

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Federal government regulators must ask themselves: Should data that only one company owns, to the extent that it prevents others from entering the market, be considered a form of monopoly?

The search market is a perfect example of data as an unfair barrier-to-entry. Google revolutionized the search market in 1996 when it introduced a search-engine algorithm based on the concept of website importance — the famous PageRank algorithm. But search algorithms have significantly evolved since then, and today, most of the modern search engines are based on machine learning algorithms combining thousands of factors — only one of which is the PageRank of a website. Today, the most prominent factors are historical search query logs and their corresponding search result clicks. Studies show that the historical search improves search results up to 31%. In effect, today’s search engines cannot reach high-quality results without this historical user behavior.  Read the rest of the Story

Questions for discussion:

1.  Do monopolies  in the information markets hurt competition? yes or no   — explain.

2.  Do you see a lot of new entries into this marketspace in the future?  is that important?  explain

Twitter strikes deal for tweets to appear in Google searches

Description: Twitter Inc. has struck a deal with Google Inc. to make its 140-character updates more searchable online..

Source:  theglobeandmail.com

Date: February 5, 2015

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In the first half of this year, tweets will start to be visible in Google’s search results as soon as they’re posted, thanks to a deal giving the Web company access to Twitter’s firehose, the stream of data generated by the microblogging service’s 284 million users, people with knowledge of the matter said Wednesday. Google previously had to crawl Twitter’s site for the information, which will now be visible automatically.   Read the rest of the Story

Questions for discussion:

  1. Why did twitter make this deal with Google?
  2. What is the revenue model for Twitter?