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European antitrust chief says Google’s auction-based shopping remedy not working

Margrethe Vestager may require Google to make additional changes in the SERP.



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Cisco CEO Says 5G Networks Could Be Active In 2 to 3 Years

“The carriers today are building the consumer 5G networks, and they don’t require a massive backbone upgrade when you just increase bandwidth to lots of mobile phones.”

Cisco CEO Chuck Robbins stopped by Fox Business’ Mornings with Maria to discuss 5G, intellectual property and reports of China bullying companies.

“When they begin to build out enterprise 5G services, then that will require them to build a dedicated, next generation, high-performance backbone because of all the traffic that will be generated and…that will be over the next two to three years. So right now, they are focused on the radios needed for the consumer side.

“If you think about the speeds that are going to be supported at the edge, and the number of those connections, it’s only logical that you’re going to have to update…your infrastructure to accommodate all the bandwidth that’s going to be…given out around the world. So we would expect to ultimately be a beneficiary of that when it happens.”

Mr. Robbins goes on to discuss the challenges the world is facing economically, emphasizing his belief that the economic slowdown is a global one, not isolated to the U.S.

While highlighting that intellectual property theft is by no means unique to the Chinese market, Mr. Robbins was adamant that respect for intellectual property needs to be a fundamental aspect of doing business.

“The lack of theft should be a core principle in every country around the world….I think that’s a broad issue that should just be a basic premise of doing business around the world, is that your intellectual property should be respected.”

He also discussed recent reports of companies being bullied by the Chinese government. While he said Cisco has never been able to reach the level of business they would like to within the country, they had never felt bullied by China.

https://video.foxbusiness.com/v/6094650754001/

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We Plan to Have 30 5G Cities By Year-End, Says Verizon CEO

“We have a plan to have 30 5G cities by year-end,” says Verizon CEO Hans Vestberg. “We are at 13 right now so we’re adding every week. We added New York last week. We have also updated 13 NFL stadiums with 5G and the NBA season hasn’t even started. We believe that our 5G for the consumer is just crushing it. That’s where we are focusing right now on our mobility build. We also do 5G Home. In the fourth quarter, we are going to launch our 5G Mobile Edge Compute which is an enterprise service with the all-new capabilities of 5G.”

Hans Vestberg, CEO of Verizon Communications, discusses where the company is at in its 5G build-out and how 5G is going to be a dramatic technology shift for consumers and enterprises in an interview on Bloomberg Technology:

We Plan to Have 30 5G Cities By Year-End

For the mobility case, we have a plan to have 30 5G cities by year-end. We are at 13 right now so we’re adding every week. We added New York last week. We have also updated 13 NFL stadiums with 5G and the NBA season hasn’t even started. We believe that our 5G for the consumer is just crushing it. That’s where we are focusing right now on our mobility build. We also do 5G Home. In the fourth quarter, we are going to launch our 5G Mobile Edge Compute which is an enterprise service with the all-new capabilities of 5G.

We have the best 4G network in the market and we will continue to see that our customers get the best experience on the technology we have. We are giving them the first experience on 5G. We were first with the 5G Home and we were first with a 5G smartphone. At the same time, we keep our 4G network (state of the art). We will continue to do that and when we see that the market is ready then we will have national 5G coverage as well. Usually, we speak less and we execute when we have it and then we talk. That’s our strategy.

5G To Enable Factory Wireless For All Robots

I think that all (consumers and businesses) will benefit from 5G but the bonus design from the beginning was very much to make the world cordless for enterprise in society. So the 5G mobile edge compute where we’re going to launch the first Center at the end of this year, that’s really where you can as an enterprise start innovating. You can implement factory wireless for all your robots for example, or put up a 5G campus network, or a private 5G network. This is all with throughput speed and latency that is unparalleled to what you have today. Suddenly you can innovate around that.

I have met many of the 1,400 enterprises in this country over the last six months to talk to them and show them the platform that we’re going to create and how they can innovate to it. This is a partnership between us with the customer and probably in some cases some software developers as well that have software that is needed for it.

5G To Make Home Internet Wireless

Going from 3G to 4G was, of course, an improvement in latency and speed which was visible. But the movement from 4G to 5G is even greater. The speed is so much faster, the throughput is so much more, and the latency (is 10 times better). Of course, it’s all about an ecosystem where you get devices out. Sometimes we talk a lot about consumers and right now we have four phones already out now in the market and all of them are 5G enabled. We see that the whole ecosystem coming from consumers. 

Then you have an enterprise business and we also have a 5G home business. We’re actually doing a lot more with 5G instead of fiber. This is a totally different way of thinking about the business model for fixed wireless access bringing broadband to your home. 5G is very different because you can have several business cases on the same infrastructure. It’s the same network and it’s the same infrastructure below. It’s not a separate network for all these business cases we are talking about.

We Plan to Have 30 5G Cities By Year-End, Says Verizon CEO Hans Vestberg

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If Google says H1s don’t matter for rankings, why should you use them? Here’s why

Even if Google says its ranking systems work just fine without them, accessibility and readability are good reasons to use headings correctly.



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TripAdvisor says it blocked or removed nearly 1.5 million fake reviews in 2018

Most of the fake reviews that are submitted (91%) are “biased positive reviews.”



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Compass Launches Consumer Site With AI-Driven Recommendations, Says CEO

“We just launched a new consumer site that lets our agents collaborate with their clients,” says Compass founder and CEO Robert Reffkin. “It has features such as AI-driven recommendations exactly for the buyer. Based on everything that they’re searching it makes recommendations. It has another feature called Collections, which is a visual workplace. It allows the agent and their client to collaborate, discuss, and monitor the market in real-time.”

Robert Reffkin, CEO of Compass, discusses their new AI-driven recommendations website and says that an “IPO is likely in their future” in an interview on CNBC:

Compass Launches Consumer Site With AI-Driven Recommendations

We’re building a platform to power all real estate decisions for advisors, sellers, and buyers. Agents come to grow their business, sellers come to sell their home for more money and less time, and buyers come to find the best listings. We just launched a new consumer site that lets our agents collaborate with their clients. It has features such as AI-driven recommendations exactly for the buyer. Based on everything that they’re searching it makes recommendations. It has another feature called Collections, which is a visual workplace. It allows the agent and their client to collaborate, discuss, and monitor the market in real-time.

There are technology companies that focus on agents but not the consumer and there are technology companies that focus on the consumer but not the agent. We’re unique in that we’re focusing on both and really allowing them to collaborate together. What makes us a technology company is we have scale effects, we have network effects, flywheel effects, we have defensible IP technology and are asset-light. Our core flywheel is really an inventory based flywheel where we hire agents that bring inventory. With our new site, we create a great buyer experience which brings more traffic for agents. Then we build tools for our sellers to sell their homes for more money and in less time which allows them to bring even more inventory.

An IPO Is Likely In Our Future

An IPO is likely in our future. But I don’t go to sleep at night thinking about an IPO. I go to sleep and I think about how we can help our agents grow their business and better serve their clients. I look at all the companies that go public (including WeWork) to take lessons from them on what you can or cannot do. Real estate is a very large segment of our global economy. I think it’s the largest. However, (unlike WeWork) we’re not a landlord, we’re a very different type of business. 

There’s excess inventory (in the New York market) on one hand but with low-interest rates, there has never been a low-interest-rate environment that hasn’t been good for real estate. So I think it’s a good time to be a buyer. Whether it’s the mansion tax, the transfer tax, or SALT, I think the real challenge there is the perception of taxes. When there’s a perception that taxes are going to increase that’s not good for real estate. Markets where there are a lot of software companies doing great such as Seattle, San Francisco, Austin, Boulder, and Nashville (are hot for real estate) but in any market, there are buying opportunities. I think just have to find the right agent to help you identify those.

Compass Launches Consumer Site With AI-Driven Recommendations, Says CEO Robert Reffkin

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Business Prioritizing Digital Transformation For Competitive Advantage, Says Equinix CEO

“We’re seeing right now continued strength across our business because people are prioritizing digital transformation as a way to gain competitive advantage,” says Equinix CEO Charles Meyers. “The reality is people who are responding well to that are thriving and people that are not are being left behind. What companies (like Walmart) are doing essentially is using a hybrid and multi-cloud strategy. They have private infrastructure that they may house in a significant caged environment at Equinix but they interface it then with the public clouds.”

Charles Meyers, CEO of Equinix, discusses their huge under the radar role in facilitating the massive digital transformation in progress with companies worldwide. Meyers was interviewed by Jim Cramer on CNBC:

There’s A Very Deep Demand Pool For Data Centers

We continue to see a really strong set of underlying secular demand drivers for the business. We’re seeing real strength in the business globally right now. Broadly, we’ve seen the sector respond very well. We think there’s a very deep demand pool for data centers. I do think that Equinix plays a very unique role in the market and our differentiated position is allowing us to even outperform relative to our peers. Public cloud adoption is a major catalyst for our business. As enterprises are adopting public cloud and looking at hybrid and multi-cloud as their architecture of choice we’re seeing really strong demand.

We may not be a household name but I think it’s pretty safe to say we’re probably impacting the lives of millions of consumers on a day to day basis working with (many big-name companies such as Salesforce and Netflix). We play a very important role in terms of interconnecting our customers sometimes to public cloud providers, sometimes to SAAS providers like Salesforce, sometimes to other members of their supply chain, and sometimes to networks. A really big part of our legacy and history has been interconnecting people to networks. The interconnection story is a really central piece of the Equinix story.

Equinix Is The Best Representation Of The Digital Edge

Equinix is in fact the best representation of the digital edge today. That is the point at which people are interconnecting their private infrastructure with public cloud infrastructure, with networks, and with other members of their supply chain. When you hear about edge, oftentimes that edge is in fact within an Equinix facility and being interconnected over private interconnection facilities that are facilitated by Equinix.

Typically, when inside one of our facilities, we’re unlike some wholesalers which might have one or a very small number of customers, we tend to have a larger number of customers in any individual facility. They are distributed across the site typically in private cages or sometimes in shared caged environments or shared rack environments and they have their equipment. They’re all obviously very secured and something that’s available just for them to access. But they’re all across the facility. You typically wouldn’t be able to see who the customer is because they are very sensitive about that from a security standpoint.

Firms Prioritizing Digital Transformation For Competitive Advantage

We’re seeing right now continued strength across our business because people are prioritizing digital transformation as a way to gain competitive advantage. The reality is people who are responding well to that are thriving and people that are not are being left behind. So we’re seeing strong demand. I think the trade tensions, etc. probably affects some level of sentiment but we have not seen that impact the demand profile for our business.

What companies (like Walmart) are doing essentially is using a hybrid and multi-cloud strategy. They have private infrastructure that they may house in a significant caged environment at Equinix but they interface it then with the public clouds. They’re using a variety of public clouds to house some of their workloads. So that hybrid multi-cloud environment is really the architecture of choice for enterprise customers of all sorts. Retail is actually an incredibly strong segment for us. That architecture of choice, hybrid and multi-cloud, is a major driver for Equinix’s business.

Business Prioritizing Digital Transformation For Competitive Advantage – Equinix CEO Charles Meyers

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Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO

Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad,” says VMware CEO Pat Gelsinger. “Its purpose is almost all illicit and it’s an environmental crisis. This is a terrible implementation of blockchain. I’m not saying that blockchain is bad. I think it is revolutionizing. This is breakthrough innovative technology and how you do distributed secured trust. That’s powerful. We are huge believers strongly committed to blockchain and distributed leverage technology.”

Pat Gelsinger, CEO of VMware, says that Bitcoin is bad, but blockchain, when done right, is revolutionizing in an interview with theCUBE at VMworld 2019 in San Francisco. 

Bitcoin is Bad, Blockchain Is Revolutionizing

The idea of distributed ledger technology, immutable distributed trust, I’ve said I think of that, and blockchain is the underlying technology, as almost like public-private key encryption. If we go back 40 years before RSA it’s that important. This is breakthrough innovative technology and how you do distributed secured trust. That’s powerful. We are huge believers strongly committed to blockchain and distributed leverage technology. Why do I make my comments like I do on Bitcoin? Bitcoin as its implemented and implementation of blockchain and distributed ledger I assert is bad. It’s bad for two reasons. 

One is it’s an environmental crisis. A single ledger if you and I transacted a penny I would consume enough energy to power your house for half a day. It’s incredible. This is a terrible implementation of blockchain. Secondly, the way it’s also done as well in this totally unregulated environment, almost all of its uses are for illicit and criminal purposes. That’s who’s trading in Bitcoin. So its purpose is almost all illicit and it’s an environmental crisis. I say bad. I’m not saying that blockchain is bad. I think it is revolutionizing. Studies have shown that over 95 percent of the uses of Bitcoin is criminal. Let’s go make it good. Do good engineering and engineer for good.

Partnership With Australian Stock Exchange and Digital Asset

We just announced on Sunday a partnership with the Australian Stock Exchange and Digital Asset. They’re leveraging the VMWare distributed ledger technology as part of their go-forward strategy for the stock exchange in Australia. That’s good. We’re making it suitable for enterprises meeting the regulatory requirements and we’re order plus magnitude better in terms of performance and energy consumption and we’re just getting started.

Bitcoin is Bad, Blockchain Is Revolutionizing, Says VMware CEO Pat Gelsinger

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5G Poses New Security Risks, Says Avast CEO

5G brings a couple of things,” says Avast CEO Ondrej Vlcek. “One is the density of the network which is enabling things like IoT, the Internet of Things. That’s an exciting thing but also poses some new security risks. Second is speed of connectivity which we all want and which we all sort of are hoping to get better. But in terms of timing, it kind of differs geo by geo. East Asia is always ahead in that regard. In Europe, we can realistically expect something within two or three years.”

Ondrej Vlcek, CEO of Avast, discusses new security risks with 5G and how privacy is becoming a big part of their business in a conversation on Bloomberg:

5G Poses Some New Security Risks

There were really two drivers (to our earnings results this quarter). The first one was our consumer direct segment, desktop direct, which grew 12.5 percent. The second was consumer indirect, which is actually powered by both the Jumpshot business that we have as well as the Secure Browser. These were kind of the two main things.

5G brings a couple of things. One is the density of the network which is enabling things like IoT, the Internet of Things. That’s an exciting thing but also poses some new security risks. Second is speed of connectivity which we all want and which we all sort of are hoping to get better. But in terms of timing, it kind of differs geo by geo. East Asia is always ahead in that regard. In Europe, we can realistically expect something within two or three years.

Privacy Is The Other Side Of The Security Coin

I think privacy is a new category. We see it as the other side of the security coin. We are heavily investing in creating privacy-oriented solutions. So actually our portfolio today is not just security, antivirus protection is now actually less than half of our business. Now the second half is made of tools like privacy controls because we see a big opportunity. At the same time, the need is real. Consumers are more and more realizing there are privacy risks in what they are doing online and there is something that needs to be done about that.

I got sort of inspired by the captains from the Silicon Valley such as Google and Facebook. So I gave up my salary and my bonus and I’m only getting compensated by stock which I think is the right thing for the CEO to do. Clearly, my objective is to keep the company growing. We’ve got a great runway and I’m very optimistic, being new in the role and seeing the opportunities. This is a good position to be in.

5G Poses New Security Risks, Says Avast CEO Ondrej Vlcek

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We Built the Data Platform For AI To Enable Safe Self-Driving Cars, Says Scale AI CEO

“What we’ve done at Scale is built the data platform for AI,” says Scale AI’s 22-year-old CEO, Alexandr Wang. “AI is really built on top of data and these algorithms require billions and billions of examples of labeled data to be able to perform in a safe or reliable way. What we’ve done is built a platform that allows these companies to get the data they need to be able to build these algorithms in a safe and reliable way. Then they use the data to build their self-driving cars.”

Alexandr Wang, Scale AI co-founder and CEO, discusses how his company has built the data platform for AI that enables safe and reliable autonomous vehicles. Wang was interviewed on Bloomberg Technology.

We Built the Data Platform For AI To Enable Safe Autonomous Vehicles

What we’ve done at Scale is built the data platform for AI. AI is really built on top of data and these algorithms require billions and billions of examples of labeled data to be able to perform in a safe or reliable way. What we’ve done is built a platform that allows these companies to get the data they need to be able to build these algorithms in a safe and reliable way. Then they use the data to build their self-driving cars. I think it’s very exciting that all these companies have really incredible technology and it’s getting better and better every single year. We’re really getting closer and closer to solving the problem. 

One of the big problems in machine learning is perception, being able to fully understand the environment around you using machine learning. So we process a lot of image data, LIDAR data, radar data, map data, etc. for some of these companies. Then for other companies, we process tax data or tabular data or speech data. The work we do is critical to building safe autonomous vehicles, for example, because without the data that we’re able to provide to these companies they actually wouldn’t even be able to build algorithms that could perform in any manner that is safe and reliable. 

AI Is Really About Augmenting Humans With Technology

AI is really about augmenting humans with technology and making them more effective and more efficient using technology. In particular, I think for a lot of the problems that we work on where AI plays a really critical role in self-driving or medical imagery, etc., you really want to make sure that humans are a part of the process to ensure that these systems are performing very safely and reliably. 

One view that we really take in is, how do we solve this in the most tech-enabled way as possible? How do we use as much machine learning and technology on our side to make the process as efficient and high quality as possible? That’s a very differentiated view actually. Many of these other efforts are much more human-powered than technology powered.

You Don’t Need a Degree To Be Able To Accomplish Your Goals

I was really lucky I grew up in Los Alamos, New Mexico, but after high school, I was lucky to be able to come out here to the Valley to work as a software engineer. That really exposed me to a lot of these problems where AI and machine learning are really core. I went back to school for a year and then after that year at school, I dropped out and started this company.

I think if you know what you want to do, more and more these days, you don’t need a degree to be able to accomplish what you need to do. I think people care a lot more about what can you accomplish and what are your skills.

We Built the Data Platform For AI To Enable Safe Self-Driving Cars, Says Scale AI CEO Alexandr Wang

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