Tag: Tech

Alphabet, worlds most valuable company

February 3, 2016 Astrid Countee Leave a comment Business, Economy, Finance, Tech

On Monday, Alphabet, the company that owns Google, overtook Apple by becoming the most valuable company in the world.

The most valuable companies in America are nearly all tech companies. Google and Apple are leading the pack with market values of $543 billion and $535 billion respectively. Behind those two companies sits Microsoft at $433 billion. Facebook, at $328 billion, took fourth on Monday, surpassing Exxon Mobile at $318 billion. The revenues of the top leaders (Google and Apple) are higher than any other company in corporate history.

Just last quarter Alphabet reported revenues of more than $21.3 billion, blowing past estimates by roughly half a billion dollars. Traders are expecting Alphabet to keep the title of most valuable company for some time to come. Revenue for the company saw $74.5 billion in sales for all of 2015, up from $66 billion in 2014. The good news keeps coming as Monday their stock rose another 5 percent.

Colin Gillis, senior technology analyst for BGC Partners, believes that Alphabet will become the world’s first trillion dollar company. Why? Sheer numbers, for one, Gillis said in an interview. “Think about the number of services they have with a billion users: Google Search, YouTube, Maps. Some of those are used multiple times every single day,” he said.

Some also think that the deciding factor between Google and Apple is all about China. Apple reported the slowest-ever sales growth for the iPhone and revealed that its business in China is facing trouble. In contrast, Alphabet makes very little money off hardware and does almost no business in China. Now that China’s economy is slowing down, Apple and their stock seem to be following suit.

It could be that Alphabet knows exactly how to show investors its future promise. Google has been famous for its moonshots, like the self driving car. The reorganization of Google, including the creation of the parent company Alphabet, has allowed transparency into its many services and what they offer. All that adds up to a lot of success and the number one spot for the tech company.

Article via The Washington Post,1 Febraurary, 2016

Photo: iPhone Alphabet by schnaars [Creative Commons Attribution-NonCommercial-NoDerivs]

Will robots become the next speech writers?

January 28, 2016 Astrid Countee Leave a comment Government, Legal News, Tech

As this is an election year, the American public will be hearing many speeches from  politicians addressing the nation.  Phrases such as “My Fellow Americans”, “main street” and “small businesses” are staples that they average person can predict to hear from any politician. These political phrases are not only predicted by Americans, but now are being predicted by robots.

“Mr. Speaker, supporting this rule and supporting this bill is good for small business. It is great for American small business, for Main Street, for jobs creation. We have an economy that has created nearly 2 million jobs in the past couple of months: apparel, textiles, transportation and equipment, electronic components and equipment, chemicals, industrial and commercial equipment and computers, instruments, photographic equipment, metals, food, wood and wood products. Virtually every state in the union can claim at least one of these industrial sectors. In fact, one young girl, Lucy, wanted to make sure that the economy keeps growing. That should not be done on borrowed money, on borrowed time.”

This speech was written by a computer.

This comes from a research project at the University of Massachusetts Amherst. The researchers created a predictive algorithm that laid down words based on the previous 5 words that came before them. In program analyzed 3800 speeches that were introduced in the House.

The program is not perfect. There were speeches produced that came out a bit non-sensical. One computer generated address had this to say:

“For example, I mean probably all of us have had a mom or a grandmom or an uncle to whom we say, hey, I noticed your legs are swelling again. Fluid retention. Fluid retention.”

What this project does show is that their artificial intelligence can be useful, and maybe be the starting place for speech writing. It is not unrealistic to assume that future State of the Union addresses may first start with an algorithm.

 

Article via The Washington Post, 25 January 2016

Photo: 01-27-11 at 14-34-48 bySpeaker John Boehner  [Creative Commons Attribution-NonCommercial-NoDerivs]

A useful tool to access police misconduct cases for defense lawyers

January 27, 2016 Joyce Varghese Leave a comment Lawyer Tools, Tech for Lawyers

Vidya Pappachan, an attorney for the Legal Aid Society in New York City did not have enough time to prepare for her client’s case on a drug felony charge. However, she had a tool that helped her look up information about the officers that arrested her client.

The database is called the Cop Accountability Project. Through this, she learned that the officers were involved in misconduct cases that involved false arrests and cost NYC more than half a million dollars in settlement payouts. Even more, this was much similar to the situation in which her client was arrested. There was no drug stash found and no other evidence besides the arresting officers’ account of the incident. Since Pappachan proved the three officers were involved in prior misconduct cases, she challenged the weight of the evidence against her client. The judge agreed with her proposition and the client was released without bail.

Beyond New York, similar projects are popping up. The Indianapolis Police department created a portal that tracks officer complaints, use of force, and shooting incidents. In Chicago, there are two separate but complementary tools that track police misconduct cases. Michelle Bonner, former chief counsel to the Legal Aid Society called the New York project “a great advance in the evolution for defender databases.”

The project stemmed from the grassroots of newspaper clippings and paper documents. After 1998, it evolved into a database in the form of a digital library catalog program called Inmagic and later into an Excel spreadsheet where documents were scanned or uploaded to a shared file.

This tool has brought mixed reaction from judges. Some are very open to hearing this information and some say it’s not relevant at this stage of the case. The New York City Patrolmen’s Benevolent Association has a unanimous opinion. Patrick Lynch, the president of the city’s largest police union, said : “Compiling a list of police officers who are alleged to be ‘bad’ based upon newspaper stories, quick-buck lawsuits and baseless complaints … does nothing more than soil the reputation of the men and women who do the difficult and dangerous job of keeping this city and its citizens safe.”

This project will continue to morph as the Legal Aid Society trains its lawyers to better integrate this database into their practice.

Article via ABA Journal, February 2016 issue

Photo: Paris – Police via clement127 [Creative Commons Attribution-NonCommercial-NoDerivs]

Tech salaries gain largest jump ever

January 27, 2016 Astrid Countee Leave a comment Business, Economy, Tech

It pays well to be a techie in the US. From 2014 to 2015 tech salaries experienced their largest annual jump ever, to nearly 8 percent. The average salary of $96,370 reflects the demand for highly skilled technical workers. “Opportunities await…for highly skilled tech professionals…”, stated Bob Melk, President of Dice.com, the site that conducted this annual survey. Dice surveyed 16,301 employed technology professionals between October and November 2015.

A person employed in the technology industry saw their salary rise 7.7 percent from 2014 to 2015.  Not only is this the biggest increase in salary every, according to the annual survey done by Dice.com, employees could also expect to bring home bigger bonuses as well.

Those most likely to receive bonuses were senior tech employees. The percentage of survey respondents that reported a bonus stayed steady at 37 percent. But, the amount of these bonuses last year enjoyed a 24 percent increase from where they were in 2009. The wage increase indicates a healthy job market, and an emphasis on valuing talented employees.

“The competition for tech talent today is undeniable,” Melk said in a statement. “Demand for skilled talent and low unemployment rates for tech professionals aren’t making the hiring landscape any easier. Employers realize offering competitive pay is a necessity.”

Many cities on the list boasted average salaries that passed the $100,000 annual mark. Although there were the usual suspects, such as San Francisco and New York, there were also unexpected cities like Minneapolis on list. While Minneapolis is not usually considered a tech hub, there has been a growing community of seasoned engineers gathering there. Other unexpected cities added to the $100,000 club include Washington, DC and Portland.

Tech jobs appear in every sector of our economy, and therefore high paying jobs are no longer relegated to traditional technology hubs like Silicon Valley. From those surveyed, the industries where experienced workers were most likely to receive bonuses included banking/financial, telecom, hardware, entertainment/media and utilities industries.

 

Article via Cnet: 26, January 2016

Photo: Money by Pictures of Money [Creative Commons Attribution-NonCommercial-NoDerivs]

Legaltech trade show tips

January 15, 2016 Astrid Countee Leave a comment How-to

Legaltech is the most important legal tech trade show of the year.  It is the number 1 resource for law firms and professionals to get the latest information for law practice management. The next show is scheduled for February 2-4 2016 in New York City. If you plan on attending, this post is meant to give you a few tips to get the most out of the conference. These are tips coming from Legal tech marketers on having a great experience at Legaltech this year.

1. Get started early

Get in touch with your contacts before you get to the conference. Make appointments now so that you will have an agenda of people to meet with when you arrive.

2. Start updating your social media feeds

Social media can be a powerful way to make connections with those that you know and those that you don’t yet know. When it comes to big events like this, it is inevitable that those within your industry will be abuzz with information leading up to the show. Use this as an opportunity to bring attention to your legal business and yourself.

3. Attend editors’ and bloggers’ breakfast

These are free events so there is nothing to lose. It will also give you the chance to be exposed to thought leaders in the industry as well as learn about what is coming next. You will get access to dynamic editorial and leadership teams, as well as entrepreneurs working in your industry.

4. Write about your experience

You can write anything from a blog post on your company site to a series of tweets. What is important is sharing your experience. This will not only give you the chance to attract an audience of curious colleagues, but this will also give you another chance to bring attention to your own practice or firm.

Article via LegalTechNews, 14 January 2016

Photo: Tech cocktail conference crowd by Frank Gruber [Creative Commons Attribution-NonCommercial-NoDerivs]

Obama seeking smart gun tech

January 7, 2016 Astrid Countee Leave a comment Criminal Law, Ethics, Government, Justice, Legal News

President Obama is ordering the federal government to study smart gun technology.

On Monday, Obama told the departments of Defense, Justice and Homeland Security to look into smart gun technology, such as fingerprint and radio-frequency identification. The goals are to track lost or stolen guns and to prevent accidental gunfire. The president cited a 2013 Department of Justice report as inspiration for the studying smart gun technology. Obama was quoted saying that “…the (DOJ) made clear that technological advancement in this area could help reduce accidental deaths and the use of stolen guns in criminal activities…”

These actions and others were addressed in a speech from the White House on Tuesday by the President. Obama outlined this memo and other executive actions meant to tackle gun violence. This speech comes one month after 14 people in San Bernardino, California were fatally shot by a couple influenced by radical islamic beliefs. In response, gun sales rose sharply amid fear of extremists.

In addition to encouraging gun safety, these executive actions will expand background checks in order to  close the “gun show loophole”. This loophole allows gun dealers conducting business at gun shows or online to do so without conducting background checks. Current laws exempts gun collectors and hobbyists from conducting background checks before selling a firearm.

Although The President’s recommendations are consistent with the Second Amendment and supported by the “overwhelming majority of the American people, including gun owners”, it is unlikely to find support among gun rights groups. These groups have stated that smart technology is a way for the federal government to track gun owners.

Chris Cox, executive director of the National Rifle Association’s Institute for Legislative Action, said in a statement Tuesday that the NRA would not allow “law-abiding gun owners to become scapegoats for President Obama’s failed policies…The NRA will continue to fight to protect the fundamental, individual right to keep and bear arms as guaranteed under our Constitution.”

Obama plans to address gun violence during a nationally televised town hall meeting at George Mason University in Virginia on Thursday night. In his speech Tuesday, he recalled the 2012 shooting at Sandy Hook Elementary School in Connecticut that left 20 children and six teachers dead. Obama stated, “Every time I think about those kids, it gets me mad”.

In his memo, he continues with that sentiment stating that “…developing and promoting technology that would help prevent these tragedies is an urgent priority…”

Article via CNET, 6 January 2016

Photo: 44 by SAL [Creative Commons Attribution-NonCommercial-NoDerivs]