Author: azeeadmin

20 Apr 2021

Deep Science: Introspective, detail-oriented and disaster-chasing AIs

Research papers come out far too frequently for anyone to read them all. That’s especially true in the field of machine learning, which now affects (and produces papers in) practically every industry and company. This column aims to collect some of the most relevant recent discoveries and papers — particularly in, but not limited to, artificial intelligence — and explain why they matter.

It takes an emotionally mature AI to admit its own mistakes, and that’s exactly what this project from the Technical University of Munich aims to create. Maybe not the emotion, exactly, but recognizing and learning from mistakes, specifically in self-driving cars. The researchers propose a system in which the car would look at all the times in the past when it has had to relinquish control to a human driver and thereby learn its own limitations — what they call “introspective failure prediction.”

For instance, if there are a lot of cars ahead, the autonomous vehicle’s brain could use its sensors and logic to make a decision de novo about whether an approach would work or whether none will. But the TUM team says that by simply comparing new situations to old ones, it can reach a decision much faster on whether it will need to disengage. Saving six or seven seconds here could make all the difference for a safe handover.

It’s important for robots and autonomous vehicles of all types to be able to make decisions without phoning home, especially in combat, where decisive and concise movements are necessary. The Army Research Lab is looking into ways in which ground and air vehicles can interact autonomously, allowing, for instance, a mobile landing pad that drones can land on without needing to coordinate, ask permission or rely on precise GPS signals.

Their solution, at least for the purposes of testing, is actually rather low tech. The ground vehicle has a landing area on top painted with an enormous QR code, which the drone can see from a fairly long way off. The drone can track the exact location of the pad totally independently. In the future, the QR code could be done away with and the drone could identify the shape of the vehicle instead, presumably using some best-guess logic to determine whether it’s the one it wants.

Illustration showing how an AI tracks cells through a microscope.

Image Credits: Nagoya City University

In the medical world, AI is being put to work not on tasks that are not much difficult but are rather tedious for people to do. A good example of this is tracking the activity of individual cells in microscopy images. It’s not a superhuman task to look at a few hundred frames spanning several depths of a petri dish and track the movements of cells, but that doesn’t mean grad students like doing it.

This software from researchers at Nagoya City University in Japan does it automatically using image analysis and the capability (much improved in recent years) of understanding objects over a period of time rather than just in individual frames. Read the paper here, and check out the extremely cute illustration showing off the tech at right … more research organizations should hire professional artists.

This process is similar to that of tracking moles and other skin features on people at risk for melanoma. While they might see a dermatologist every year or so to find out whether a given spot seems sketchy, the rest of the time they must track their own moles and freckles in other ways. That’s hard when they’re in places like one’s back.

20 Apr 2021

Apple announces Apple Card Family for spouses to build credit together, and over-13s to use it too

Apple has been slowly building a position for itself as a financial services giant, banked around its digital wallet for storing a user’s payment cards and the launch of its own Apple Card in 2019. Today during Apple’s spring event, the company announced the newest chapter in that functionality: the launch of Apple Card Family, which will let partners/spouses build joint credit, and give family members aged over 13 access to using Apple Card, too.

Apple Card Family will launch first in the US in May after users update to the latest version of iOS.

“One of the things that became apparent to us in the beginning [of launching Apple Card] was a lack of fairness in the way the industry calculated credit scores when there were two holders of a credit card,” said CEO Tim Cook today. “One of you got the benefit of building a good credit history, and the other did not. We want to reinvent the way this works.”

Some of this is not coming as a surprise: developer previews of iOS 14.5 revealed that Apple was building in multi-user support for Apple Cards, laying the groundwork for joint accounts for adults and wider family usage.

As Cook described it, spouses and partners will be allowed to share and merge their credit lines have equal rights on their account, in order to “build credit equally.”

“This solution helps deliver financial equity, and it’s a game changer,” he said. Indeed, in cases where either one partner has outstanding debts, or has defaulted on some of that debt, or doesn’t have the same earning power, this move is way to confer the stronger spending power of one partner on another, in cases where partners are actually combining their finances anyway. It makes sense and frankly is long overdue.

The ability to give Apple Card access to over-13s will come with spending limits if you want to put them in, along with other controls in terms of how it can be used.

This is also smart, an extension of how Apple has built a role for itself as the “responsible” technology company with privacy controls for all users, and parental controls for devices, and now it’s adding on a new angle to this provide, becoming an educative tool. Many parents are turning to technology and apps to build more financial nous among their children, and so it makes sense for Apple to position itself as a partner in this effort.

While letting families run their finances in a more equitable way, there is of course another, more business-minded strategy here: it’s clearly giving Apple a much, much bigger pool of potential consumers using its Apple Card, using services like Daily Cash (which gives up to 3 percent of every purchase as cash on users’ Apple Cash card each day) and access to using the secure titanium Apple Card that comes without a visible card number, CVV security code, expiration date, or signature.

On that subject, we don’t quite know how many people are using that Apple Card today. Cook simply called Apple Card, which was estimated to be used by over 3.1 million people as of March 2020, “the most successful credit card launch ever.”

20 Apr 2021

Apple introduces a colorful new iMac

After years of waiting, Apple has finally given the world a dramatic new iMac redesign, aimed at the company’s long-standing goal of “making the computer disappear.” That, of course, only applies to the the thin new design, because these things are eye-popping. Naturally, the latest version of the 24-inch all-in-one desktop is built around the company’s new proprietary M1 chips.

Developing…

20 Apr 2021

Tom Brady and Salesforce Ventures pour millions into Class, a Zoom-friendly edtech startup

Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital table.

CEO and founder Michael Chasen said that Marc Benioff, the CEO of Salesforce, approached the company about investing in Class. Salesforce Ventures launched a $100 million Impact Fund in October 2020, a month after Class launched, to back edtech companies and cloud enterprises businesses with an impact lens.

As for Tom Brady entering the edtech world, Chasen said that the famous football player has made tech investments in the past and, “as the father of three is passionate about helping people through education.”

“Tom Brady and I are both fathers to three kids and like all parents, we get the need to add teaching and learning tools to Zoom,” Chasen added.

Class has now raised $58 million in less than a year, with a $30 million Series A in February 2021 and a $16 million seed round in September 2020. Today’s raise is less than its Series A round, which signals it was likely more done strategically to bring on investors than out of necessity.

The money will be used to help roll out Class to K-12 and higher-ed institutions across the world. The startup’s software publicly launched on the Mac a few months ago, and will exit beta for Windows, iPhone, Android and Chromebook in the next few weeks, Chasen said. The larger public launch will help scale the some 7,500 schools that have shown interest in adopting Class.

The big hurdle for Class, and any startup selling e-learning solutions to institutions, is post-pandemic utility. While institutions have traditionally been slow to adopt software due to red tape, Chasen says that both of Class’ customers, higher ed and K-12, are actively allocating budget for these tools. The price for Class ranges between $10,000 to $65,000 annually, depending on the number of students in the classes.

“We have not run into a budgeting problem in a single school,” Chasen said in February. “Higher ed has already been taking this step towards online learning, and they’re now taking the next step, whereas K-12, this is the first step they’re taking.” So far, Class has more than 125 paying clients with even-split between K-12 and higher ed, and 10% of customers using it for corporate teams.

It’s not the only startup that is trying to reinvent Zoom University. A number of companies are trying to serve the same market of students and teachers who are fatigued by current video conferencing solutions which — at best — often look like a gallery view with a chat bar. Three companies that are gaining traction include Engageli, Top Hat and InSpace.

While each startup has its own unique strategy and product, the founders behind them all need to answer the same question: Can they make digital learning a preferred mode of pedagogy and comprehension — and not merely a backup — after the pandemic is over?

As that question continues to get explored, today’s news shows that Class isn’t having any trouble recruiting people to believe the answer is yes. In just nine months, the company has gone from two to more than 150 employees and contractors.

20 Apr 2021

Apple adds a new purple color option to its iPhone 12 and iPhone 12 mini lineup

Apple has added a new color option to the iPhone 12 lineup — a rare mid-cycle facelift for the company’s flagship product. The new color is purple, and looks like a lavender-ish pastel hue, which is in keeping with the tones on the rest of the color options on the 12 lineup, which include a mint green and a red that leans towards the pink end of the spectrum.

The purple iPhone 12 is going on sale starting this Friday, April 23, and will begin shipping out to customers on April 30. It’s available for iPhone 12 and 12 mini, but the iPhone 12 Pro isn’t getting any new color options to match.

It’s a small thing, but not a bad way for Apple to jazz up their hardware mid-cycle in a bid to excite general consumers. Also, it suggests Apple is leaning in even more to a multicolor aesthetic for its hardware, which is a refreshing change after a mostly monochrome approach in recent years.

Image Credits: Apple

20 Apr 2021

Apple officially unveils its lost item finder, AirTag

Apple today officially unveiled AirTag, its location tracking beacons that can help Apple device owners find lost items through Apple’s “Find My” application. The AirTags themselves are small, rounded tracking devices that can be attached to personal items, like purses, bags or keys. Pre-orders start this Friday, and the product goes on sale April 30th, for $30. A pack of three runs $99.

The item tracking uses the company’s proprietary U1 ultra-wideband chip for what it calls “Precision Tracking.” This will work with Apple’s newer iPhones (iPhone 11, 11 Pro and the newer iPhones 12 devices).

In addition to assets found in Apple’s code referencing the new product last year and a mistake in an official Apple YouTube video, AirTags had also been brought up as an example of Apple’s anticompetitive behavior before U.S. regulators.

Last year, for example, Tile spoke about AirTags before a panel of the House of Representatives Judiciary Committee, saying that Apple’s decision to launch its own version of the lost-item finder gave Apple’s new product a first-party advantage over its competitors. Apple’s devices, Tile explained, would be able operate in the background without having to continually popping up requests asking users to agree to background tracking, like Tile’s app has to do. Apple’s devices would also be integrated with “Find My,” but other tags would not be.

Following the regulatory scrutiny, Apple at its developer conference WWDC in June said it would extend “Find My” to third-party companies. However, a report by The Washington Post indicated that olive branch may not have been what it seemed — companies would have to sign an NDA and said Apple customers would be barred from using competing devices simultaneously.

Ahead of today’s event, Apple announced the launch of its Find My Network Accessory program, which officially opened the doors to third-party manufacturers who wanted access to the Find My app. Early adopters included VanMoof’s S3 and X3 e-bikes, Belkin’s SOUNDFORM Freedom True Wireless Earbuds, and an AirTags competitor, the Chipolo ONE Spot — but not Tile. We understand Tile doesn’t want to participate in Find My because it has a direct relationship with customers through its own iOS app that it doesn’t want to give up.

Apple’s entry in this “lost item finder” space means competitors, like Tile, will have more serious competition even with the concessions Apple has made with the opening up of “Find My.” Tile so far has responded to Apple’s plans by pre-announcing its plans to launch its own UWB-powered tracker, arriving this year. Apple’s tight hold over its ecosystem benefits its launch of new products, like AirTags, forcing Tile to focus on touting its advantages, like its wider variety of form factors and cross-platform support.

Developing…

 

20 Apr 2021

Apple unveils podcast subscriptions and a redesigned Apple Podcasts app

After years of increased competition from Spotify, Apple today announced its own expansion into podcast subscriptions. At the company’s spring event this afternoon, Apple unveiled its plans for a podcasts subscription service which would allow listeners to unlock “additional benefits,” like ad-free listening, early access to episodes and the ability to support favorite creators. The service will be available as part of Apple’s newly updated Podcasts app where free podcasts are also found.

The announcement of the new service follows shortly after an industry report suggested that Spotify’s podcast listeners would top Apple’s for the first time in 2021.

Apple CEO Tim Cook briefly introduced the subscription at the launch of today’s event, noting that this was “the biggest change to Apple Podcasts since its debut.” He didn’t get into the details around pricing or functionality.

Cook also noted the Apple Podcasts app had been updated, with newly redesigned show and episode pages that make it easier to listen, follow and share podcasts. The app will also include a new “Channels” feature that lets you find shows from favorite creators and get recommendations.

Apple said the new service will be available in May to listeners in more than 170 countries and regions.

In a press release, Apple said the first premium subscriptions would come from both “independent voices and premier studios,” including Tenderfoot TV, Pushkin Industries, Radiotopia from PRX, and QCODE, as well as larger brands like NPR, the Los Angeles Times, The Athletic, Sony Music Entertainment, and others.

Apple’s plans for a podcast subscription service was previously scooped by The Wall St. Journal, which said the company was preparing to add a paid subscription option to its product, as well as by Vox Media’s Peter Kafka, who said he believed Apple would introduce a paywalled podcast subscription product at today’s event. There were also hints found in the iOS 14.5 beta, which showed a redesigned Podcasts app featuring an account button on the Listen Now tab. MacRumors had reported that show notifications had been relocated here, and suggested that managing paid subscriptions may also be found in this new area in the future.

The move to enter the subscription podcast space follows years of significant investment by the Apple Podcasts and Apple Music competitor, Spotify, also a chief Apple critic.

Spotify in February noted it had tripled the number of podcasts on its platform, year-over-year, to 2.2 million. It has also forged a variety of exclusive deals over the years with big names like Joe Rogan, Kim Kardashian, DC Comics, Michelle Obama and The Duke and Duchess of Sussex, among others. And it has acquired podcast startups, ad tech and studios, including hosting and ad company Megaphone, creation tools from Anchor, content producers like Gimlet, The Ringer, and Parcast.

More recently, Spotify announced plans for its own podcast subscriptions via an Anchor feature and invested in live audio through its acquisition of live chat app Locker Room by Betty Labs. Spotify had said it would share subscription revenue with podcast creators, who would keep the majority of their earnings.

20 Apr 2021

Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi Robinhood’

Back in December last year Injective Protocol, launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10 million in a “party” funding round. Participating in the round was Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. Billionaire NBA team owner and Shark Tank judge Mark Cuban has also made a strategic investment into Injective, according to my sources.

Injective’s main competitors (centralized and decentralized exchanges) include CME Group, BitMEX, LedgerX and OKEx, among others. The advantage of the approach used by Injective (it says) combines the advantages of decentralized exchanges: resistance to front running, scams, and hacks, with the speed, low transaction fees, and no gas fees associated with centralized platforms. Developers can also create their own derivatives and markets to trade.

Eric Chen, CEO of Injective Protocol said in a statement: “Legacy institutions and practices create a number of artificial delays and middlemen that prevent innovation in the financial markets ecosystem. At Injective, our goal is to enable an unparalleled decentralized trading experience, whereby retail traders globally can for the first time access limitless markets without the typical predatory fees and slow transaction times”.

The background to this is that Injective is essentially trying to build a decentralized competitor to Robinhood, because their platform allows the creation of synthetic tokens that represent stock in public companies like Apple and indices like S&P 500. This means meaning trading can happen 24/7 with instant finalization, as DeFi promises.

“Why do I invest in Injective: the whole stop out because of the capital requirements, Robinhood didn’t do it on purpose to hurt traders, they just didn’t have enough equity and they would have gone bankrupt because they had too many customers. But if you’re doing it in a decentralized manner every investor gets to see how much Injective has of all of this, there’s no hiding it and that creates an opportunity”, said Mark Cuban on his investment in Injective.

The potential here is that brokers wouldn’t be able to block trades on certain stocks, as they did with GameStop, as pointed out by Cuban above.

Injective’s team is drawn from Stanford University, came up with its project in 2018, and Chen was working at hedge funds and worked in cryptographic research at a blockchain-focused fund.

20 Apr 2021

Announcing our TC Sessions: SaaS virtual event happening October 27

Software-as-a-Service (SaaS) is now the default business model for most B2B and B2C software startups. And while it’s been around for a while now, its momentum keeps accelerating and the ecosystem continues to expand as technologists and marketers are getting more sophisticated about how to build and sell SaaS products. For all of them, we’re pleased to announced TechCrunch Sessions: SaaS 2021, a one-day virtual event that will examine the state of SaaS to help startup founders, developers and investors understand the state of play and what’s next.

The single-day event will take place 100% virtually on October 27 and will feature actionable advice, Q&A with some of SaaS’s biggest names, and plenty of networking opportunities. $75 Early Bird Passes are now on sale. Book your passes today to save $100 before prices go up.

We’re not quite ready to disclose our agenda yet, but you can expect a mix of superstars from across the industry, ranging from some of the largest tech companies to up-and-coming startups that are pushing the limits of SaaS.

The plan is to look at a broad spectrum of what’s happening in with B2B startups and give you actionable insights into how to build and/or improve your own product. If you’re just getting started, we want you to come away with new ideas for how to start your company and if you’re already on your way, then our sessions on scaling both your technology and marketing organization will help you to get to that $100 million annual run rate faster.

In addition to other founders, you’ll also hear from enterprise leaders who decide what to buy — and the mistakes they see startups make when they try to sell to them.

But SaaS isn’t only about managing growth — though ideally, that’s a problem founders will face sooner or later. Some of the other specific topics we will look at are how to keep your services safe in an ever-growing threat environment, how to use open source to your advantage and how to smartly raise funding for your company.

We will also highlight how B2B and B2C companies can handle the glut of data they now produce and use it to build machine learning models in the process. We’ll talk about how SaaS startups can both do so themselves and help others in the process. There’s nary a startup that doesn’t want to use some form of AI these days, after all.

And because this is 2021, chances are we’ll also talk about building remote companies and the lessons SaaS startups can learn from the last year of working through the pandemic.

Don’t miss out. Book your $75 Early Bird pass today and save $100.

20 Apr 2021

Catch&Release raises $14M to help marketers find and license content from across the web

Catch&Release founder and CEO Analisa Goodin told me that she wants to help brands break free from the limitations of stock photography — and that her startup has raised $14 million in Series A funding to achieve that goal.

Goodin explained that the company started out as an image research firm before becoming a product-focused, venture-backed startup in 2015. The Series A was led by Accel (with participation from Cervin Ventures and other existing investors), and it brings Catch&Release’s total funding to $26 million.

Stock media and video services are moving in this direction themselves, for example by introducing their own libraries of user-generated content. Goodin applauded this, and she said Catch&Release isn’t opposed to the use of stock photos — it integrates with these stock marketplaces. At the same time, she suggested that she has a much bigger vision.

“This isn’t just about UGC, this is about tapping into the creative potential of the internet,” she said.

After all, you can now find pretty much any kind of content you can imagine somewhere online, but “a lot of advertising agencies and brands have been trained that if a piece of content comes form internet, avoid it,” because it’s just “too hard” to figure out how to license it. (And indeed, that’s why I went with a stock photo for the lead image of this post.)

Catch&Release screenshot

Image Credits: Catch&Release

Catch&Release aims to make that process as simple as possible, first with a browser extension that allows marketers to save any media that they find on the web, anytime they think they might want to use in their own campaigns (this is the “catch” part of the process). It even presents a “licensability score,” which is a rating based on factors like the person who posted the content, the description and the comments, indicating how likely it is that a marketer will actually be able to license this content.

Then, when someone from a brand or advertising agency decides that they want to use a piece of content, they can send a licensing request with a push of a button (this is the “release”). Catch&Releases also analyzes the content for anything else that needs to be cleared or obscured, such as a company logo.

While we’ve written about other tools for licensing online content, Goodwin emphasized that Catch&Release isn’t just about finding photos for a social media campaign. Part of the goal, she said, is to erase the “stigma” around UGC, which now “represents the entire spectrum of culturally relevant content.”

For example, she showed me a Red Lobster commercial that looks like a normal TV ad, but was in fact assembled entirely from footage found online — something that’s been even more useful in the past year, with pandemic-related safety concerns around large shoots. (Catch&Release has also been used to license content for ads promoting TechCrunch’s parent company Verizon.)

Goodwin added that the new funding will allow Catch&Release to continue investing in product, engineering and marketing.

“No one has defined the commercial licensing layer for the web,” she said. “What’s got me really excited to build this product is being that layer for the internet, not just for photos and videos, but for writing, art, graphics, and building the commercial licensing engine of the web.”