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Date: Wednesday, 23 Apr 2014 19:30

mark zuckerberg

We're waiting for Facebook to reports its Q1 earnings. Here is what analysts are expecting:

  • Earnings per share: $0.24.
  • Revenues: $2.36 billion.

We're covering the release live, followed by CEO Mark Zuckerberg's earnings call with Wall Street. Refresh this page or click here for updates.

It has been a huge quarter for Facebook. In the last three (fiscal) months the company has bought messaging app WhatsApp for $19 billion and virtual reality headset maker Oculus VR for $2 billion. It has opened the door for video advertisers, and begun carving out its messaging business into a separate app, Messenger. Lastly, the company has begun rolling out an off-Facebook advertising network.

At the same time, Zuckerberg has begun to outline his vision for the future of Facebook, "unbundling the big blue app."

SEE ALSO: 7 Questions Mark Zuckerberg Must Answer On Facebook's Earnings Call Tonight

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Author: "Jim Edwards"
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Date: Wednesday, 23 Apr 2014 19:16

braingate_array

Computer chips aren't just for your laptop and phone anymore. Doctors are implanting these technologies in our brains to restore sight to the blind and hearing to the deaf.

Soon, they could give people super senses and radically improved memory and focus.

"Brain implants today are where laser eye surgery was several decades ago," write Gary Marcus, an NYU professor of psychology, and Christof Koch, chief scientific officer of the Allen Institute for Brain Science in Seattle, in a recent essay for The Wall Street Journal.

Brain implants, also called neuroprosthetics, are used to restore hearing and vision loss, but as our technology and brain knowledge improve, the applications will become almost infinite.

They are "not risk-free and make sense only for a narrowly defined set of patients — but they are a sign of things to come," Marcus and Koch say.

Here's an overview of what brain implants do and how they might be used to create superhumans.

What Brain Implants Already Do

Infant With Cochlear Implant

Restore Hearing

More than 300,000 people already use a brain implant called a cochlear implant. This common neuroprosthetic replaces the malfunctioning ear to restore hearing for certain deaf people.

It captures sound with a microphone and then stimulates the auditory nerve through electrodes, allowing the brain to approximate hearing.

This isn't exactly like normal hearing, but it gives a deaf person the ability to perceive sound and helps them identify speech. In this video, a deaf woman hears herself laugh for the first time after her implant is turned on:

Control Tremors

Thousands of Parkinson's patients use a neuroprosthetic to lessen tremors and rigid movement.

A small electrode runs from a pacemaker-like battery pack underneath their skin (batteries need to be replaced every two to three years) through a small hole in their skull, where it stimulates pathways in the brain that help control motion. When this electrical stimulation happens, it helps reduce, and can even eliminate, Parkinson's symptoms, although it doesn't stop the disease from getting worse.

Restore Vision

Retinal ImplantLast year the FDA approved a retinal implant that will restore the ability to perceive shapes and motion for people blinded by advanced retinitis pigmentosa, the late stage of a genetic condition that causes a gradual vision loss in about 1 in 4,000 people in the U.S.

The device, made by Second Sight, involves 60 electrodes that make up a "retinal prosthesis." A small video camera and processing unit mounted on a set of glasses transmit data wirelessly to the electrodes in the retina.

What Brain Implants Could Do In The Future

The implants above are used to restore function lost to disease, but they could be used to enhance function, too. Eventually, neuroprosthetics will do the things of science fiction — quick learning, memory processing, language translation, night vision, and more.

Make Us Better At Math And Navigation

Research already shows that brain stimulation from external electrodes can help people learn math faster.

In a small study that used internal electrodes and deep brain stimulation, people were able to learn and remember routes through a city better. They even demonstrated improved spatial ability, and were better at figuring out shortcuts that could help them along the way.

'Matrix'-Like Automatic Learning

Improvements to the technology above could recreate "The Matrix."

In that movie, Keanu Reeves' character, Neo, learns kung fu by downloading "practice" from a computer. Impossible as that seems, it's likely that when neuroscientists eventually learn how practicing a skill changes and reshapes the brain, it might be possible to use neurocompilers to input the results of a year of training into the brain all at once.

Restoring Memories And Improving Mood mouse brain map connectome 2

Already, the military is experimenting with brain implants that will help soldiers improve memories damaged by traumatic injuries.

The Defense Advanced Research Projects Agency (DARPA) is working on two projects under the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) initiative, a neuroscience project announced last year by President Obama.

For the first of those two projects, SUBNETS, researchers are trying to use neuroprosthetics and electric currents to cure PTSD, depression, and pain.

The second project, called RAM, aims to develop an implantable device that could restore memory loss and repair brain damage by using electrodes to stimulate neural tissue.

Enhancing Focus, Alertness, And Energy

Once brain functions can be restored, the next step could be to use the same mechanisms to enhance them — including giving humans better memory, focus, mood, and alertness.

"Even now, some parents are willing to let their children take Adderall before a big exam," Marcus and Koch point out. "The chance to make a 'superchild' (or at least one guaranteed to stay calm and attentive for hours on end during a big exam) will be too tempting for many."

Controlling Robots With Our Minds

Cathy Hutchinson Drinking Via A Robot ArmIn 2011, a paralyzed woman named Cathy Hutchinson picked up a bottle of coffee and took a drink. The amazing thing? She did it using a robot arm controlled by a sensor in her brain. The sensor read her neural activity and told the arm what to do.

Currently, controlling a robot in the way that Cathy Hutchinson does is "cumbersome and laborious, like steering a massive barge or an out-of-alignment car."

Scientists have a lot more to learn about the brain, but Marcus and Koch think that by 2100 we'll think of a question and search the Internet for the answer — without speaking or typing a word.

Enhancing Our Senses

Every medical implant above could be turned into an enhancement implant. Current prosthetics can help a blind person regain vision — in the future implants would let someone see in the dark, or have zooming vision that lets them read words from 150 feet away.

We are already developing contacts that can zoom. Combined with implants, we could control them with the brain, allowing us enhance the zoom at will and eventually be able to search the Web for information on what we see.

At some point, anyone with the desire for augmented abilities and the resources to pay for them might be able to buy a mental edge.

Technological And Ethical Hurdles

Improve Technology

Drilling holes in the skull to implant electrodes is risky, difficult, and potentially damaging to extremely important areas of the brain — not to mention scary. Even the implants are dangerous. The brain doesn't like to sit still inside the skull, so today's implants easily slip out of place.

Implants need to made of nontoxic materials that won't cause our bodies to reject them as foreign, and they need to be tiny and rechargeable (perhaps graphene will help). The neuroprosthetics of today are comparable to cellphones of 20 years ago — when they were still "the size of shoeboxes."

Improve Understanding Of The Brain

human brain connectomeMore important, our understanding of the brain is still rudimentary in many ways. We may understand most of how vision works, but our understanding of memory has a long way to go.

"The next challenge will be to interpret the complex information from the 100 billion tiny nerve cells that make up the brain," the authors say.

There are several projects underway in the U.S. and Europe to develop a better fundamental understanding of the brain, including the Human Connectome Project, the aforementioned BRAIN Initiative, and the Human Brain Project.

Get People On Board

But the real sticking point in applying these new technologies could be people themselves. Americans just aren't yet ready for it.

According to a recent survey, 72% of the U.S. population is not interested in a brain implant that could improve memory or mental capacity, and 53% of people think it'll be a change for the worse if most people wear implants that provide them with information about the surrounding world.

That hesitation can't stop what's already in motion. Early adopters like "biohackers" — people who modify their bodies with chips they implant themselves — are already buying RFID chips to inject under the skin using a syringe at home and using supplements, smart drugs, and engineered brain states to improve mental abilities.

Marcus and Koch write "the real question isn't so much whether something like this can be done but how and when."

SEE ALSO: Stunning New Map Could Help Unravel The Mysteries Of The Brain

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Author: "Kevin Loria" Tags: "BRAIN, DARPA"
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Date: Wednesday, 23 Apr 2014 18:56

Travis Kalanick Uber CEO

On-demand car service startup Uber has received a lot of flack in New York City for its notorious surge pricing.

Now, New York Attorney General Eric Schneiderman is investigating whether it's actually legal, he wrote in an op-ed in The New York Times.

Surge pricing happens when there is a lot of demand, but not enough cars on the road. So Uber raises its fares to ensure it has reliable vehicles ready for those who actually need them.

But Uber's surge pricing may violate New York State laws against price gouging, Schneiderman wroteDuring a huge storm last year, Uber charged New Yorkers as much as eight times the normal cost.

"We are investigating whether this is prohibited by the same laws under which I’ve sued gas stations that gouged motorists during Hurricane Sandy," Schneiderman writes. "Uber makes some persuasive arguments for its pricing model, but the ability to pay truly exorbitant prices shouldn’t determine someone’s ability to get critical goods and services when they’re in short supply in an emergency."

However, Uber's surge pricing is very similar to methods airlines and hotels use to always make sure they have availability. They raise prices as seats/rooms fill up to make sure they always have something available.

The op-ed comes just a week after the New York Attorney General's office filed paperwork to compel Airbnb to turn over the names of some of its hosts. That's because the attorney general believes Airbnb is helping people run "illegal hotels."Earlier this week, Airbnb complied and removed thousands of "illegal" listings.

SEE ALSO: UBER RIVAL CEO: Uber Is For The Rich, We're For Everyone Else

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Author: "Megan Rose Dickey"
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Date: Wednesday, 23 Apr 2014 18:54

responsive design

Business Insider is looking for a user experience expert to join our product team. You'll work closely with product managers and graphic designers to create outstanding interactive experiences. You'll be joining a rapidly-growing team and will be an advocate for users and for simple, elegant digital design.

The ideal candidate will be organized, resourceful, and self-motivated and an avid reader of business news.

Specific duties include:

  • Conceptualize and design digital products and platforms, including a large-scale consumer web site and a B2B ecommerce service.
  • Use best UI/UX practices for optimized user-oriented workflows. 
  • Perform initial exploration for new digital products.
  • Help refine ideas at all stages.
  • Create concepts, wire frames, and mockups.
  • Create detailed designs and specs for digital products.
  • Prepare and produce final deliverables for development. 
  • Oversee development process to meet specs.
  • Integration of social components and interactive elements.
  • Products include web, email, mobile, ecommerce.

If you're the one for this role, you'll possess these qualifications:

  • Minimum 3 years in design field, working with digital media including desktop, mobile, and video.
  • Expert in Adobe Photoshop and Illustrator, familiar with rapid prototyping tools.
  • Ability to switch rapidly between projects in a fast-paced news environment. 
  • Excellent communication,creative, and problem solving skills. 
  • Experience working in agile development environments a plus.
  • Bachelors degree in Arts or Science preferred. 

The UI/UX designer will report to the SVP of product. The role is full time and based in our New York City offices.

About Business Insider

Business Insider is one of the fastest-growing business media companies, with more than 40 million readers per month. Formed in 2007, BI was built for the digital age, offering real-time coverage of tech, finance, and general business news. BI reaches the next generation of business leaders. You can learn about our recent performance here.

Interested? Here's what you need to know:

To apply, please send an email with a one-paragraph note about why you're interested and a link to several examples of your work and your LinkedIn profile to productjobs@businessinsider.com. Thank you in advance.

SEE ALSO: Business Insider secrets revealed!

AND: Business Insider overtakes the WSJ

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Author: "Business Insider"
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Date: Wednesday, 23 Apr 2014 18:45

Buffalo Bills fans

Some Buffalo Bills fans will be swimming in paraphernalia thanks to a $3 million settlement with the team, Stephen Watson at the Buffalo News reports.

In 2012, Jerry Wojcik filed a lawsuit claiming that the Bills sent him 13 text messages over two weeks, three more than the team's maximum in the terms of its text service. Fans who enrolled in the text service were promised to receive between three and five messages a week for 12 months, and Wojcik felt the overdose of messages violated the federal Telephone Consumer Protection Act.

After getting a lot of criticism for this suit, Wojcik eventually settled with the Bills. Wojcik personally will take home $5,000 in cash, and the Bills will pay up to $2.5 million - in debit cards redeemable only at the team store - to anyone who had signed up for the text service. Oh and Wojcik's lawyers will bring in $562,500, according to the Buffalo News.

According to the Bills, around 39,750 phone numbers were signed up for the service and are now eligible to receive their debit cards with differing values depending on the fan's class tier.

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Author: "Rebecca Borison"
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Date: Wednesday, 23 Apr 2014 18:26

google glass pickup grand street amanda peyton

Etsy, the online marketplace for handmade goods, just bought Grand St.

Grand St. is the New York-based startup that sells indie electronics.

Grand St. launched last year to give people access to some of the coolest gadgets. The boutique offers new products to members every other day. But since it's a flash sales site, you have to act fast.

What makes Grand St. especially unique is that it tests each and every gadget it sells. 

Grand St. has raised $1.3 million in seed funding. 

"The Grand St. marketplace will continue to operate in the near term, and there will be no immediate change for Grand St. makers and buyers," an Etsy spokesperson told Business Insider via email. "There is no current plan to visibly connect the two marketplaces."

Here's the full announcement from Etsy:

Today, we’re excited to announce that we’re acquiring Grand St., the marketplace for creative technology, subject to closing conditions. Grand St. connects independent hardware makers with passionate buyers, harnessing a wave of innovation happening outside the mainstream consumer electronics industry. What unites Etsy and Grand St. is a shared vision of the way making is changing, and we’re excited to learn from their community. The team behind Grand St. — including co-founders Amanda Peyton, Joe Lallouz and Aaron Henshaw — will join Etsy but continue to operate the Grand St. marketplace in the near term.

As we’ve seen here at Etsy, shoppers are increasingly interested in unique and innovative goods, especially when they know and can be involved in the story behind the product. At the same time, it’s becoming easier than ever for independent makers and designers to bring ideas to market and find a global audience. Grand St. gets this — that’s why we’re such a good fit.

A curated marketplace, Grand St. addresses indie hardware makers at different stages in the development cycle. Their pre-orders feature showcase products that are not yet widely available, but will be soon. Their beta feature lets makers get direct feedback from buyers on products that are still evolving. And their shop feature is for consumer-ready products that are 100% functional and currently shipping, with guaranteed customer satisfaction.

Grand St. strives to enable small designers and maker teams to find a legitimate path to market, just as Etsy’s goal is to empower our sellers to start and grow their independent, creative businesses. We are so excited to continue making this progress together.

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Author: "Megan Rose Dickey"
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Date: Wednesday, 23 Apr 2014 18:20

Jeff Bezos Amazon CEO Portrait Illustration

Amazon just announced a new partnership with HBO that will let Amazon Prime members stream classic HBO content as part of their $99 yearly subscription.

Why is Amazon paying for more exclusive content? Topeka Capital analysts Victor Anthony explains it in one paragraph:

Amazon's successful foray into devices (e-Readers, tablets, streaming boxes, and a rumored phone) is about driving digital media content sales, but also about driving customers to Amazon Prime, whose members purchase more frequently and in greater dollar amount than non-members. The addition of HBO's content to Prime Instant Video should attract the binge watch fanatics, drive more Prime members, and lead to lower churn. This is a win for Amazon.

Amazon Prime, with "at least 20 million" subscribers, is about more than just video. It includes free two-day shipping for many items on the site. Prime members tend to spend significantly more money than non-Prime members. 

By beefing up its video content, Amazon is making Prime subscriptions more attractive to potential members, and the more people who sign up for Prime, the better for Amazon.

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Author: "Jillian D'Onfro"
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Date: Wednesday, 23 Apr 2014 17:44

Well, I'm never getting on a boat without a life vest. 

I just drowned because I wasn't wearing one, but luckily it was all just a simulation. Guy Cotten, a French sea-safety equipment company, put together a very terrifying drowning simulator, called "Sortie En Mer," or "A Day Out To Sea." 

You start out with your buddy, enjoying the open sea on your sailboat. You give the helm to your friend, who clearly is not an expert sailor, while you jiggle around with the sail.

sailing1

And that's when things go terribly wrong. 

sailing2

You get knocked into the water. And because of your friend's inexperience sailing, he doesn't know how to turn the boat around.

Your job is to scroll your mouse as fast as you can so you can stay above water.

sailing3

Thrashing around in the water is both terrifying and sickening. You see your friend sail away, and you feel the water coming up around you.

sailing5

You continue to scroll until you just can't scroll anymore. Apparently I wouldn't survive very long if I fell off a boat without a life jacket.

sailing4

The next time you go on a boat, wear a life jacket. And perhaps take a friend with you who knows what he's doing. 

Check out the trailer below. And see how long you would survive without a life jacket here.

(Via Gizmodo)

SEE ALSO: This creepy Web app shows you just how much of your life is shared on Facebook

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Author: "Karyne Levy"
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Date: Wednesday, 23 Apr 2014 17:43

bmw touch command tablet 2

Backseat drivers are about to have a field day, thanks to BMW.

At the Beijing Auto Show this week, the automaker introduced the gorgeous Vision Future Luxury Concept, complete with tablet that will allow rear passengers to send messages directly to the driver's instrument and navigation displays.

Mounted in the center console between the Vision Concept's rear seats, the detachable BMW Touch Command Tablet will also give back seat occupants access to the car's multimedia systems, as well as a host of additional online entertainment content.

Since the Touch Command Tablet is still in concept form, the automaker has yet to release most the of the technical details, or practical ways giving more control to those in back could make driving safer or more pleasant.

For perspective, earlier this year, BMW's German rival Audi introduced its own in-car tablet called the Audi Smart Display. The 10.2-inch Audi tablet does not have the BMW's in-car communication function, but will be able to access the car's multimedia and navigation systems.  

This video gives a closer look at the BMW Touch Command Tablet along with the rest of the BMW Vision Future Luxury interior:  

SEE ALSO: This Could Be The First $200,000 BMW

DON'T FORGET: Follow Business Insider On Facebook

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Author: "Benjamin Zhang"
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Date: Wednesday, 23 Apr 2014 17:11

Josh Stampfli

Michael Lewis's new book "Flash Boys," which investigates the unfairness of high-frequency trading on Wall Street, has a great section on how John Schwall, the former RBC global head of equities product management, came to learn that Credit Suisse — among other banks — was operating a "dark pool" that allowed high-frequency traders to get in front of stock trades of less sophisticated brokers, allegedly increasing the cost of investing in stocks.

He looked it up on Linkedin — even though it was supposed to be a big secret. The takeaway is that while companies with highly sensitive information may believe their employees are keeping their mouths shut, they're often also using LinkedIn to boast about what they're working on.

Schwall had become disillusioned by Wall Street while working at Banc of America Securities during the period when it merged with Merrill Lynch. The deal saved Merrill, which had ruined itself in the credit crisis of 2008. Yet its employees received huge bonuses while many of Schwall's colleagues were laid off.

Schwall went to work at RBC to join Brad Katsuyama, who was on a jihad to uncover the way high-frequency traders were cheating retail investors out of the correct prices of stocks. (Briefly, Lewis alleges that because banks with high-frequency trading operations are able to make trades quicker than regular traders do, they can "see" incoming orders at one price, and buy and sell the stock before the order is executed, so that the cost of the investment goes up for the original buyer. Dark pools — non-transparent stock exchanges run by investment banks — let this happen without anyone being able to prove that their trades were manipulated.)

While at RBC, Schwall found out from reading the trade press — and searching LinkedIn — that Credit Suisse operated a dark pool but "tried to appear as if it had nothing to do with high-frequency trading," Lewis writes.

Credit Suisse declined Business Insider's request for comment on Lewis' characterization of events. But it's a matter of public record that as far back as 2009 Credit Suisse had not been concealing its dark pool. Credit Suisse's head of U.S. equity trading, Dan Mathisson, testified on the topic to the U.S. Senate that year, for instance. And we're told that the bank has opt-out clauses that allow investors to avoid dark pools.

Screen Shot 2014 04 23 at 12.35.25 PMNonetheless, Schwall began looking up Credit Suisse staffers' resumes on LinkedIn. Even though Credit Suisse required its staff to abide by non-disclosure agreements, Lewis says, for some reason staffers listed their accomplishments on their LinkedIn resumes. Lewis writes that Schwall started by looking for Josh Stampfli, "who had joined Credit Suisse after seven years spent working for Bernie Madoff."

Stampfli was apparently the executive in charge of electronic trading at Credit Suisse and ran the bank's dark pool. Lewis writes:

The Linkedin searches became a new obsession. The former Madoff employee's profile led him to the people who worked for the former Madoff employee, who led him to the people who worked for them, and so on. Even as Credit Suisse tride to appear as if it had nothing to do with high-frequency trading, its employees begged to differ. Schwall dug out dozens of examples of Credit Suisse's computer programmers boasting on their resumes about "building high-frequency trading platforms" and "implementing high-frequency trading strategy," or of experience as a "quantitative trader on equity and equity derivatives: high-frequncy trading."

Credit Suisse claimed that its dark pool had nothing to do with high-frequency trading, and yet it employed, in and around its dark pool, a mother lode of high-frequency trading talent.

By the time he'd finished, Schwall had built the entire Credit Suisse dark pool organization chart.

You can see Josh Stampfli's resume on LinkedIn right here:

Josh Stampfli

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Author: "Jim Edwards"
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Date: Wednesday, 23 Apr 2014 16:54

Pure Storage Scott Dietzen

Enterprise startup Pure Storage just got a huge vote of confidence from the venture world, even though it's playing in a chaotic market and the 800-pound gorilla, EMC, has been suing it and some of its employees.

It just raised a huge $225 million round that valued the company at over $3 billion, Pure Storage announced on Wednesday.

That brings the total raised to date to about $470 million, it says.

To give you some context: that valuation is way bigger than the market caps of two of its rivals, that both hit troubled times after their IPOs.

Fusion-io, the employer of Apple co-founder Steve Wozniak, is trading at below $10/share with a market cap of $1.04 billion.

And Violin Memory, which went public in September, is trading at under $4/share, with a market cap of $330 million. As we previously reported, those companies have struggled with growth since their IPOs and have shaken up their executive ranks.

In fact, that's one reason why Pure Storage chose to raise more capital this way, instead of an IPO that was expected to happen in 2014.

The big raise helps Pure Storage "fend off prospective acquirers," says CEO Scott Dietzen in a blog post. He doesn't explain that, but before a company can go public, it has to show its books to the public. In doing so, a bigger rival could find the an irresistible acquisition price.

More interesting is his second reason for raising so much cash when he still has "most of the $150m in the bank from our round last summer," he says.

He wants to make employees happy with a big IPO. He writes:

But the biggest reason to stay private for a while longer is recruiting: lots of people want to be part of a company when it goes public. First, there’s generally a material uplift in the stock price and each Pure employee has an ownership stake in the business. Second, the IPO is rightly seen as a fun, exciting rite of passage that tech entrepreneurs want to be part of. So the longer we wait to IPO, the more incredibly talented individuals we will be able to recruit to join the Puritan cause.

That's especially telling because Pure Storage has been in a legal tussle with EMC over recruiting employees. Over the course of 2013, EMC sued six former employees that joined Pure Storage, Dietzen revealed in a blog post in November, and then sued Pure Storage itself. Dietzen wrote:

EMC elected to broaden their legal action to sue Pure Storage, alleging that in aggregate 44 former EMC employees from the sales side have joined Pure over the last two years (which would amount to about 13% of our workforce) and is claiming that these employees and Pure in general have behaved unethically.

The legal situation is still ongoing, a spokesperson confirmed to us.

But investors aren't scared off because the enterprise storage market is so enormous and undergoing a huge transformation. Companies continue to store ever more data and are starting to buy faster, cheaper flash storage, the kind that runs your smartphone and tablet.

Enterprises are expected to spend $1.5 billion on this new type of flash storage device by next year in a market growing at 59% a year, according to IDC.

The Pure Storage round was led by institutional investor Wellington Management, with contributions from T Rowe Price, Tiger Global, Greylock Partners, Index Ventures, Redpoint Ventures and Sutter Hill Ventures.

SEE ALSO: If you don't know about this weird feature in Dropbox, all your files could be deleted

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Author: "Julie Bort"
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Date: Wednesday, 23 Apr 2014 16:45

PercentageOfNorthAmericanHomesWith4KUHDNearly every major TV manufacturer already has, or will soon release a 4K display television. The new format offers outstanding picture quality at four times the pixel density of standard HD.

Consumer uptake will come relatively quickly, because average selling prices of existing 4K sets have dropped a great deal and will drop much further. Adding to consumer interest, content creators are already getting on board and will roll out 4K content  much faster than they did standard HD content.

The first wave of 4K content will come from streaming services: Netflix, Amazon Instant, YouTube, etc. These Internet video providers can instantly get 4K-quality video to end users without having to make significant investments in new infrastructure. 

A recent report from BI Intelligence looks at the rise of 4K TV and how adoption will trend over the next few years. We assess the trajectory of average selling price, look at the markets that will drive adoption, and analyze how market share breaks down by manufacturer.

Access The Full Report By Signing Up For A Free Trial Today »

Here are some of the key trends we explore in the report:

 In full, the report:

For full access to all BI Intelligence's charts and data on the video industry — including downloadable Excel files — subscribe for a free trial today. 

The Rise of 4K TV

4K TVs will be in half of North American households in ten years. Find out which key factors are enabling this astonishingly fast roll out.

Sign up for a free two-week trial of Business Insider’s research service and get instant access to this report along with hundreds of charts and in-depth reports on everything digital.

Register >

 
 

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Author: "Mark Hoelzel"
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Date: Wednesday, 23 Apr 2014 16:30

resume job interview

Resumes are always a challenge, but tech resumes are a beast of their own. In one page, you've got to impress these huge companies and explain why they need to hire you without sounding too cocky.

We've rounded up some of the most common mistakes on tech resumes. Read up and avoid these blunders.

1. Handing in a five-page resume

Kudos for being able to fill up five pages with past internships and odd jobs, but these resumes are skimmed in about 15 seconds. Help yourself out by making sure the stuff they actually see is the most valuable.

Source: Forbes

2. Using lengthy paragraphs in each bullet point

Nobody is going to read through long paragraphs about each job. None of your bullet points should be more than 2 lines. Keep it brief.

Source: Forbes

3. Listing team-based successes

They don't want to hear about what your team accomplished, they want to hear about what you accomplished.

Source: Forbes

4. Using technical jargon

Simply describe the skills you possess and results you've achieved without using too many acronyms and tech-speak.

Source: The Labor Academy

5. Creating a disorderly mess

Avoid clutter and mess and use a clean template. Design is often one of those things tech companies are interested in when hiring, so this is a big no no.

Source: Forbes

6. Explaining your responsibilities at a job

Shockingly, the people reading your resume tend to already know the responsibilities of a software engineer. They want to hear about your accomplishments not the requirements of the job.

Source: Forbes

7. Including the phrase "references available upon request"

This generic statement does nothing and means nothing, so just leave it out.

Source: The Labor Academy

8. Leaving out cool stuff you don't think is "resume-worthy"

So it was just a side project and you didn't make any money. If you developed an interesting app, started some small project, or whatever it is that makes you look good, include it on your resume.

Source: Forbes

9. Including every job you ever had

There is a happy balance between leaving out key details and oversupplying employers with too much information. No need to include that job you had at Pizza Hut in 10th grade.

Source: The Labor Academy

10. Bad English

Check for spelling and grammar mistakes, and make sure you sound polished. If English isn't your first language, ask a native speaker to help you out. You want to make sure you are communicating well so the employer gets the best possible image of you as an applicant.

Source: Quora

SEE ALSO: These Guys Confess To Their Worst Mistakes Made During Tech Job Interviews

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Author: "Rebecca Borison"
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Date: Wednesday, 23 Apr 2014 16:27

Justin Bieber has apologized for and removed an Instagram photo of his visit to a controversial Japanese World War II shrine after the image outraged Chinese and South Korean fans.

justin bieber japanese shrine

The Yasukuni Shrine honors Japanese soldiers killed in World War II — along with some convicted war criminals. Chinese and Koreans were subjected to violent atrocities committed by Japanese soldiers during their World War II occupation of those lands.

Bieber originally tweeted a link to the shrine photo with the words “Thank you for your blessings.” He later removed the image from his Instagram account, by then “liked” 666,000 times, after Chinese followers on social media asked him to take it down, Time reports.

On Wednesday, Bieber explained in an Instagram post that he visited the shrine because he was struck by its beauty and didn’t realize what it represented. “While in Japan I asked my driver to pull over for which I saw a beautiful shrine. I was mislead to think the Shrines were only a place of prayer. To anyone I have offended I am extremely sorry. I love you China and I love you Japan,” he wrote.

Visits to the shrine by 150 Japanese lawmakers earlier this week reportedly angered China and South Korea. Although Japanese Prime Minister Shinzo Abe did not visit the shrine with those lawmakers, he made an offering to the shrine this week that has strained relations with those countries.

SEE ALSO: Celebrities Rip Justin Bieber Apart On Twitter

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Author: "Corey Adwar"
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Date: Wednesday, 23 Apr 2014 15:32

eiffeltower_paris_france__1072x0_q85_upscale.jpg

Google introduced today a feature that lets you step back in time to earlier versions of its collected Street View data. You can now visit places in Street View as early as 2006, comparing them to what locations look like today.

The Verge reports the option was derived from the tsunami that struck off the coast of Japan in early 2011, devastating the country.

According to The Verge:

In the aftermath [of the tsunami], Google set out to preserve imagery it had captured prior to the disaster, including original Street View recordings that became an unintended time capsule. The company made a one-off site called Memories for the Future that let viewers see certain areas before and after the devastation. It was an unusual site considering Google’s standard operating procedure: a feverish pace of updates that erased the old with the new and never looked back.

Here's how the new time travel option works.

When you visit a place in Google Street View, there will be a little clock in the top left corner:

Google Street View

Clicking on the clock will allow you to choose a year (dating back to 2006) and an updated image will show that same location as it was in whatever year you chose.

You can scroll between photos taken in different years. You'll always get the best image Google has available, as algorithms are in place to weed out blurry photos or pictures taken in bad weather.

This GIF shows the construction of the Freedom Tower in New York City:

nyc_freedom_tower_01

Here's a shot of New Orleans' 9th Ward after the devastation of Hurricane Katrina. The image in the left hand corner shows that same street 8 years ago:

new_orleans_screen_shot

The AP reports that some Street View pictures posted through the years have "upset people who were captured in activities or visiting places that they wanted to keep private."

Google now blurs the images of people who contact the company asking to be shielded from Street View, even if it's just because they don't like the way they look in the photo.

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Author: "Caroline Moss"
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Date: Wednesday, 23 Apr 2014 15:20

New code appearing in iOS 7.1, Apple's operating system for mobile devices and the Apple TV, suggests that Siri will soon land on Apple TV, reports 9to5Mac.

The technical jargon breaks down like this: "Assistant," Apple's internal name for Siri, has new entry in its UIDeviceFamily array, which simply lists the Apple devices that the feature is compatible with.

For Siri, this has previously always been represented with a "1" and a "2," Apple's numerical designations for its iPhone/iPod Touch and iPad device families, respectively. Now there's a "3" as well, which means Apple TV compatibility.

Here's the relevant screenshot from MacRumors:

siri_apple_tv_assistant

This data doesn't include any details on how one will actually get voice into Apple TV in order to use Siri. If Siri were incorporated into the Apple TV, you'd likely need extra hardware to use it, as the Apple TV remote doesn't have a microphone. It could end up being possible to talk to Siri on your Apple TV through your iPhone or iPad, however.

Amazon's new Fire TV box is compatible with voice commands spoken into its remote and lets you search for the videos you want to watch.

SEE ALSO: The Amazon Fire TV review

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Author: "Dylan Love"
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Date: Wednesday, 23 Apr 2014 14:55

Apple new heartbeat app

Apple unveiled a new iPhone ad Tuesday that showcased a few new apps.

There was one that stood out at the end of the video.

A guy is seen working out and then uses the iPhone's camera to measure his heart rate.

It was a particularly interesting addition to the commercial since Apple is rumored to be exploring new ways to incorporate fitness tracking into its devices. Specifically, 9to5Mac has reported that the next version of the iPhone operating system, iOS 8, will have a fitness tracking app called Healthbook.

There have also been reports, like this one from the New York Times, that Apple executives have met with the FDA to discuss its plans to create health monitoring devices, which could include the rumored iWatch wearable computer.

But the big challenge for a fitness app like Healthbook would be hardware. Apple would either need to partner with device makers or create something of its own in order for users to get the most out of fitness tracking. Right now, the iPhone 5S can monitor how many steps you take thanks to a special processor, but that's about it.

Instant Heart Rate, the app featured in Apple's ad, figured out a clever workaround though. You place your finger on the camera lens and the app takes a reading. It costs $1.99.

So, how does it work? Check out some screenshots:

This menu will appear after you download it. Place your finger over the camera lens to start the scanning process. 

Photo Apr 23, 8 43 56 AM

The app will scan your pulse. Make sure you stand completely still. If you make one wrong move, the process will take longer.

Here's the main menu of the app. Slide your finger over the iPhone camera. It will slowly gauge your heart rate.

After it is complete, the app will deliver the results. It will just be a basic reading of your beats per minute. 

You have to stand completely still when it measures your pulse. Here are the results.

Go to settings at the bottom of the screen. It is the third option. You can set reminders, schedule push alerts, and more. These tools will give you a more thorough reading of your heart rate.

You can customize a few options to give you the best outlook on your health

Instant Heart Rate seems to work as advertised, but there are a few quirks. By sliding your finger over the camera, the app measures your pulse.

It took awhile for the scan to be completed since you had to stand completely still. If you made one wrong move, the process took longer. 

Samsung has a similar feature found on the Galaxy S5, but doesn't use the camera. Instead, Samsung built a dedicated heart rate sensor into the phone, next to the camera's flash.

It looks like this:

Samsung Galaxy S5 heart rate sensor

You can download Instant Heart Rate for iPhone, Android, and Windows

Here's the full new Apple ad:

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Author: "Ryan Bushey"
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Date: Wednesday, 23 Apr 2014 14:53

iphone 6 152

The more we know about Apple's upcoming iPhone 6 launch, the more we're getting a good idea of what the new phones will look like.

These gorgeous concept renderings come from Martin Hajek and Steve Hemmerstoffer, and we first saw them on the French website NowhereElse.fr. (You can see more of Hajek's imagery here.)

The new photos incorporate a bunch of rumored new features coming to iPhone 6, including a new screen size, new screen resolution, a different bezel, a thinner chassis, and redesigned control buttons.

Hajek presents iPhone 6 in "iPhone 6S" and "iPhone 6C" versions, following the format of the 5S and 5C versions from last year.



A dual-format phone isn't likely to happen because the 5C — with its plastic backing — hasn't sold as well as Apple hoped.



The latest rumor is that the iPhone 6 will come in a huge "phablet" format.



See the rest of the story at Business Insider






Author: "Jim Edwards"
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Date: Wednesday, 23 Apr 2014 14:49

Jake Nickell

Threadless, a site that combines e-commerce with crowdsourced T-shirt designs, just added some perks for artists aimed at helping them earn more money.

Here's how Threadless works:

Anyone can submit a new shirt design. New designs are posted each week and the site's 2.5 million community members vote on which they like best. The most popular shirts get printed. For years, artists received $2,000, $250 in Threadless gift cards, and limited royalties from the sale of certain products featuring their design—until now. 

Starting today, artists will get 20% of all profits from their design, as well a non-exclusive contract that lets them sell their art elsewhere (in addition to the $2,000 and gift card). They'll also be able to track their royalties through a new dashboard, so they can see how well their work is selling and in what form (you can buy designs on iPhone cases, prints, and other apparel other than t-shirts). Threadless is also adding a new "tipping" feature to encourage buyers to give money directly to artists whose designs they love. 

Check out some of the best techie shirts on Threadless>

"Every change that we make to our business model has been to give artists more money," founder Jake Nickell told Business Insider. "With the new dashboard, artists will be able to say 'Hey, my Mr. Mittens design is selling really well on iPhone cases right now. I should promote that.' We want to help them take their destiny into their own hands."

He and Jacob DeHart founded Threadless back in 2000 as a spin-off of an idea that Nickell had on a now-defunct web forum called Dreamless.

Nickell was working his way through art school at the time, after rejecting a full-ride for a computer engineering program. He was burned out on computers. After all, he had worked as a web developer since he was 15, a job he scored after teaching himself to code.

He discovered his love of art by ditching the glowing computer screen and picking up a paint can. He would create big, colorful graffiti around town in Crown Point, Indiana, where he lived. Once, his own dad called the cops on him.

He joined the Web forum Dreamless because it combined his two passions: Art and technology. He started a thread where he asked fellow members to submit t-shirt designs, so he could print the best ones for the group to wear. Most of those first T-shirts were techie inside jokes but people were getting into it enough that he decided to build a website to host more user-submitted designs. He would sell the T-shirts for under $20.

The site grew bigger and bigger until eventually Nickell and partner DeHart needed to hire their first employee to help keep up with the demand. Nickell was a junior in college.

"I couldn’t see myself going to school and not being around to manage my company," he says. So he dropped out.

Today, Threadless sells millions of T-shirts per year. More than 1,000 designs are approved for voting each week. The T-shirts the company prints rarely flop because Nickell and his team have proof that people want them before they're made. The company now has about 80 employees.

"I still create code weekly," Nickell says. "I'm heavily, heavily involved in the design and development of the site."

The site has been live for 14 years, but Nickell doesn't want to stop innovating.

This was one of the first 10 designs that Threadless ever printed.

Find it here



Designs can be of anything but a lot of members stick to the site's techie roots.

Find it here



Which means a lot of keyboard humor.

Find it here



See the rest of the story at Business Insider






Author: "Jillian D'Onfro"
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Date: Wednesday, 23 Apr 2014 14:46

The New York Police Department sought to generate some goodwill on Twitter yesterday by inviting users to tweet their photos with New York City police members alongside the hashtag #myNYPD.

But instead of posting images of friendly uniformed men and women protecting the community, critics of the department's handling of anti-bank protestors and historic hostility toward minorities came out in droves to share photos of NYC arresting people, mostly in violent fashion.

It got picked up by the regular media:

NYPD Twitter

Some users even shared photos in which they themselves had been arrested.

The #myNYPD hashtag quickly became a trending topic,with more than 70,000 people making mostly negative comments about NYPD before the day way over, according to the New York Daily News.

And the embarrassing derailment of the NYPD's positive talking point became front-page news:Daily News bashtag

You can see more results from the #myNYPD hashtag here.

While the NYPD very well could have created the #myNYPD hashtag with good intentions, the campaign's ultimate failure should have been obvious to anyone who had taken the time to think about just who the department was addressing on Twitter, a medium that has generated a reputation for providing dissenters a platform to voice their opinions.

When opening the floor to the public, controversial organizations like the NYPD and JPMorgan, which experienced its own Twitter nightmare a few months ago, need to be prepared for their critics to be louder than their fans.

SEE ALSO: JPMorgan Is Taking Questions From Twitter And Getting Thoroughly Trolled

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Author: "Aaron Taube"
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