Sunday, April 30, 2017

The Transport Guy: How Microsoft's artificial intelligence helps make the perfect Twizzler and sell you underwear (MSFT)

Steve Kovach April 30, 2017 at 07:32AM

Satya Nadella

It's true. Artificial intelligence can be used to make better Twizzlers. And sell more underwear. And ship goods around the world. And improve a bunch of other non-digital tasks that have been around for decades or centuries.

That was the message from Microsoft last week during its "Digital Difference" event in New York highlighting a bunch of new partners that have adopted the company's digital backbone to improve their businesses. Hershey's, the shipping giant Maersk, Fruit of the Loom, and more are all on board.

If that sounds kind of boring, that's because it is. But it also highlights the budding trend of digital technology touching everything we do and how humans who used to do those jobs need to adapt to this new economy.

Take Twizzlers, for example.

In an interview with Business Insider last week, Microsoft's CVP of Digital Anand Eswaran explained how Hershey's is using a network of sensors connected to Microsoft's Azure cloud to adjust the Twizzler-making process and produce better results.

Eswaran said a one-point change in temperature can change the entire batch of Twizzlers, so monitoring temperature during the process can keep mistakes to a minimum.

"Now we have sensors in the manufacturing supply chain connected to Azure cloud," Eswaran said. "It knows the optimum set of conditions and constantly adjusts the temperature. The commands come from the cloud and AI on top of it is constantly learning."

But wait, isn't that kind of quality control a job humans used to do?

Yes, but it also hints at how human workers are adapting and learning new skills to work with the machines doing what people used to do.

"The role of people are going to change over time," Eswaran said. "Many different analysts say it's going to eliminate jobs. But it's going to eliminate a certain kind of job. I feel strongly that the net impact will be positive for jobs. The onus is on us and the government to train the next generation of people differently."

SEE ALSO: Microsoft's all-important cloud business is stronger than ever

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How Microsoft's artificial intelligence helps make the perfect Twizzler and sell you underwear (MSFT) from Business Insider: Steve Kovach

Saturday, April 29, 2017

The Transport Guy: 10 things the Samsung Galaxy S8 can do that the iPhone can't

Steve Kovach April 29, 2017 at 06:30AM

samsung president dj koh at galaxy s8 launch

Samsung's latest phone, the Galaxy S8, is packed with a lot of thoughtful features that you won't find on the iPhone.

While the iPhone still has a slight edge over the Galaxy S8, there are plenty of things that set it apart from its biggest rival.

Here are the most important Galaxy S8 features you won't get from the iPhone.

SEE ALSO: The Galaxy S8 review

1. There's an iris scanner that can be used to unlock the phone and access secure folders.

Samsung says it's more secure than a fingerprint sensor. The iPhone only has a fingerprint sensor.



2. More screen. The S8 has a 5.8-inch screen. The S8+ has a 6.2-inch screen.

Compare that to the iPhone: The iPhone 7 has a 4.7-inch screen and the iPhone 7 Plus has a 5.5-inch screen.



3. You can charge the Galaxy S8 with a wireless charging pad. There's also fast charging, which charges the S8 faster than normal.

The iPhone does not have wireless charging. There's also no fast-charging option.



See the rest of the story at Business Insider

10 things the Samsung Galaxy S8 can do that the iPhone can't from Business Insider: Steve Kovach

Friday, April 28, 2017

The Transport Guy: Google's CEO got a massive raise last year (GOOG)

Steve Kovach April 28, 2017 at 02:21PM

sundar pichai google io 2016

Google's CEO Sundar Pichai had a good 2016.

According to a new company filing posted Friday, Pichai's compensation last year was worth over $199 million. (Most of it was stock, not salary.)

That's nearly double his total compensation in 2015, which was a little over $100 million, according to the filing. The filing cited Google's successful product launches for the major boost in pay.

SEE ALSO: Google's stock is reaching new highs

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Google's CEO got a massive raise last year (GOOG) from Business Insider: Steve Kovach

The Transport Guy: Alphabet's chairman charged the company $1.9 million for use of private planes last year

Steve Kovach April 28, 2017 at 02:14PM

Eric-Schmidt

Alphabet's chairman Eric Schmidt charged the company $1.9 million for the use of his private planes in 2016, according to new company filing posted Friday.

Schmidt fully owns one of the planes used and 33% of another, according to the filing. He then charges the company for their use for his own travel or travel for other company executives. The planes cost $7,500 per hour to operate.

"Our Board of Directors approved this hourly reimbursement rate based upon a competitive analysis of comparable chartered aircraft rates that showed that the reimbursement rate is at or below market rates for the charter of similar aircraft," the filing says.

 Schmidt was only being reimbursed for the flights and does not make a profit, according to the filing.

Those costs are way up from 2015, when Schmidt charged Alphabet $396,000 for the use of his private planes.

SEE ALSO: Google beats its Q1 earnings

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NOW WATCH: SCOTT GALLOWAY: Why you should worry about a company if its CEO is in a fashion magazine

Alphabet's chairman charged the company $1.9 million for use of private planes last year from Business Insider: Steve Kovach

The Transport Guy: Google's stock is reaching new highs — here's what Wall Street is saying about the blockbuster quarter (GOOG, GOOGL)

Steve Kovach April 28, 2017 at 10:07AM

Larry Page

Alphabet's market cap swelled to more than $630 billion on Friday following the Google parent company's better-than-expected Q1 results a day earlier. 

In addition to growth in advertising revenues, the "other revenue" category saw significant growth in Q1, up 49%, as the company seeks to diversify how it makes money beyond digital ads. Most of those revenues come from Google's cloud services and hardware, like the Pixel phone and Google Home speaker.

As Alphabet's stock rose above $900 on Friday, analysts boosted their price targets and heaped praise on Google's growing collection of money-making products and its ability to maintain solid profit margins even as it spends heavily to beat the competition.

Here's what analysts are saying about Alphabet, in reaction to the earnings report:

SEE ALSO: Google's CEO isn't worried about making money on the company's most futuristic products

Barclays: BULLISH

Rating: Buy

Price target: $1,065

Comment: "Stepping back from the results, Google is in a really good spot right now given its shareholder friendly buybacks, strong pace of innovation, and a lower multiple than its large cap peers. With I/O around the corner and solid momentum into 2Q, we'd add to positions."

 



Macquarie: BULLISH

Rating: Buy

Price target: $995

Comment: "There is certainly potential long-term upside from Cloud and many emerging areas such as hardware, AI, and Waymo, but we are reiterating our Outperform rating and raising our target to $995 based mostly on continued core growth."



Baird: BULLISH

Rating: Buy

Price target: $1,100

Comment: "Capital discipline remains a key strength... As Google conti ues to invest in key growth areas including mobile, cloud and ML/AI, management reiterated its focus on maintaining high levels of profitability through a measured approach to capital allocation."



See the rest of the story at Business Insider

Google's stock is reaching new highs — here's what Wall Street is saying about the blockbuster quarter (GOOG, GOOGL) from Business Insider: Steve Kovach

Thursday, April 27, 2017

The Transport Guy: Google's CEO isn't worried about making money on its most futuristic products yet (GOOG)

Steve Kovach April 27, 2017 at 03:23PM

google event sundar pichai machine learning AI

Some of Google's biggest efforts in computing are developing better artificial intelligence and voice control. In fact, the company is implementing those efforts into every product it can, from search to YouTube.

The biggest example of this is Google Assistant, the new digital helper that lives inside the Google Home speaker and newer Android phones like the Google Pixel and Samsung Galaxy S8.

But if we start living in a world where we do more and more of our computing through voice, how can Google make money if there aren't any eyeballs on screens to look at the ads it serves?

This has been a budding theme at Google, and one an analyst asked about again during the company's earnings call on Thursday. In short, Google CEO Sundar Pichai doesn't have a clear answer yet. Instead, he's focused on perfecting voice control and the Google Assistant before figuring out a good way to monetize those products.

"We are very focused on the consumer experience now ...I think if you go and create these experiences that work at scale for users, the monetization will follow," Pichai said on the earnings call.

He also brought up successful products from Google's history, saying that at first the company didn't have the answers to monetization for products like YouTube and search.

We did get one hint at how Google may monetize voice though. In March, some Google Home users heard a promotion for the new "Beauty and the Beast" movie when they asked the speaker for an update. Google later removed the ad after the internet lit up with complaints, and later claimed it wasn't even a real ad in the first place.

SEE ALSO: Alphabet beats earnings expectations

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NOW WATCH: Waymo is now letting ordinary people sign up to test its self-driving cars in Phoenix

Google's CEO isn't worried about making money on its most futuristic products yet (GOOG) from Business Insider: Steve Kovach

The Transport Guy: LIVE: Google earnings (GOOG)

Steve Kovach April 27, 2017 at 12:52PM

sundar pichai

Google's parent company Alphabet reports its quarterly earnings Thursday shortly after the market closes.

First, let's go over the numbers. We'll have Alphabet's final results as soon as they come in, so refresh this post for the latest.

Here are Wall Street's expectations, per Bloomberg:

-EPS, GAAP: $7.41

-Revenue: $20.02 billion, which would be 21.6% year-over-year growth

Another important number to watch out for: Other Bets. These are the other Alphabet companies outside of Google, like Waymo, Nest, X, and Verily. Alphabet lumps results for these companies together.

Other Bets generated $166 million in revenue with an $802 million operating loss in the year-ago quarter.

This story is developing...

SEE ALSO: The Samsung Galaxy S8 review

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NOW WATCH: REVIEW: Samsung’s Galaxy S8 is an incredible phone, but it’s far from perfect

LIVE: Google earnings (GOOG) from Business Insider: Steve Kovach

Wednesday, April 26, 2017

The Transport Guy: A mysterious pair of Google headphones have shown up in FCC filings (GOOG, GOOGL)

Steve Kovach April 26, 2017 at 10:31AM

Some photos of a mysterious pair of Google-branded headphones have been discovered in new FCC filings. (The filings were passed around on Reddit and gadget blogs Wednesday.)

The headphones look pretty basic: over-the-ear cans with Bluetooth and an optional wired connection. Nothing we haven't seen before from a gazillion other headset makers.

Take a look:

google headphones

google headphones

google headphones

google headphones

What's going on here?

There are a bunch of possible explanations for these headphones, but if we had to guess, they look like some sort of promotional giveaway, likely for Google's upcoming I/O conference in a few weeks. They don't really seem like a major consumer product.

Google also sells a lot of generic gadgets from its internal merchandise store, which is full of overpriced gizmos that would normally be better if they were given away as swag. (There's even another pair of Google headphones in there!)

It's highly unlikely these new headphones will be a new entry into Google's expanding portfolio of consumer hardware, which includes the Pixel phones and Google Home speaker.

SEE ALSO: What to expect from Alphabet's Q1 earnings

Join the conversation about this story »

NOW WATCH: 6 things the Samsung Galaxy S8 can do that the iPhone can’t

A mysterious pair of Google headphones have shown up in FCC filings (GOOG, GOOGL) from Business Insider: Steve Kovach

The Transport Guy: Here's what to pay attention to when Google reports Q1 results (GOOG, GOOGL)

Steve Kovach April 26, 2017 at 05:00AM

Sundar Pichai

Google's parent company Alphabet reports its Q1 earnings Thursday afternoon after the market closes.

The report comes as Alphabet's stock continues to break records, recently reaching all-time highs. The only company bigger than Alphabet by market cap? Apple.

Google, the core of Alphabet's business, has shown progress in the areas CEO Sundar Pichai has said he wants to focus on: YouTube, artificial intelligence, and consumer products.

Here's what you need to know ahead of Alphabet's earnings.

The numbers

Wall street consensus, according to Bloomberg is:

EPS, adjusted: $9.32

Revenue: $20.02 billion, which would be 21.6% year-over-year growth

YouTube

The big new thing at YouTube: YouTube TV.

YouTube TV launched in a few US cities a few weeks ago. The app itself is well-designed and video streams are reliable. But it's also missing a lot of content. There's a less-than-zero chance Google will disclose how many subscribers YouTube TV has so far, but expect to hear Pichai and team to brag about the successful launch.

Youtube TV 5

AI and voice control

Google is trying to inject artificial intelligence into all of its products, from search to the smart home. It's also increasingly interested in voice control thanks to the Google Assistant that lives in the Google Home speaker and newer Android phones.

But Pichai has struggled to explain how the company can monetize voice searches with ads.  The challenge was highlighted in March when Google Home started playing an ad for the new "Beauty and the Beast" movie.  Google pulled the spot after the internet lit up with complaints.

Google Home recently got a significant update. It can now sync with multiple user accounts, using voice recognition to switch seamlessly between them.

Other bets

Alphabet's other companies like Nest, Waymo, and Verily are lumped into their own category called Other Bets. These companies make up just a tiny fraction of Google's revenues, but the hope is that one of them will grow into the next huge business after search. 

In the year-ago quarter, Other Bets revenues were $166 million with an $802 million operating loss. Investors will be looking for revenue growth and slowing losses.

Google I/O

Google's annual developers conference is the company's biggest event of the year where it announces new features for Android and other new products. This year's I/O starts May 17 with a big keynote presentation. Expect Pichai to tease the event a bit during Thursday's earnings call.

SEE ALSO: Google is asking for your help to spot fake news

Join the conversation about this story »

NOW WATCH: 7 Google Maps tricks only power users know about

Here's what to pay attention to when Google reports Q1 results (GOOG, GOOGL) from Business Insider: Steve Kovach

Tuesday, April 25, 2017

The Transport Guy: Court rejects Uber executive's request to take the fifth amendment in self-driving car case against Waymo

Steve Kovach April 25, 2017 at 01:22PM

Anthony Levandowski

Anthony Levandowski, the former Google executive at the center of Waymo's lawsuit against Uber, will not be allowed to take the fifth amendment, according to an order from the US Court of Appeals issued Tuesday.

That means Levandowski will likely be compelled to provide the approximately 14,000 documents Waymo alleges Levandowski took from Google before Levandowski left the company, according to the court. Waymo's lawsuit claims Levandowski used those documents to build self-driving technology at his new job at Uber.

In March, Levandowski's lawyers said he wanted to plead the fifth amendment so he would not incriminate himself in the case.

The documents have been at the center of Waymo's case against Uber. Uber has argued that none of the files are stored on Uber-owned computers and therefore cannot be submitted to the court during the discovery process.

This story is developing...

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NOW WATCH: The newest flying car is backed by Larry Page — and you can buy it by the end of the year

Court rejects Uber executive's request to take the fifth amendment in self-driving car case against Waymo from Business Insider: Steve Kovach

The Transport Guy: Waymo started a war with Uber, and it could be Uber's downfall (GOOG)

Steve Kovach April 25, 2017 at 08:38AM

Travis Kalanick on Uber launch and fees

The real war for Uber's future began this week. 

Even though the company plans a sci-fi flying-car announcement, its real (and more realistic) ambition is to replace its network of human-driven vehicles with a fleet of self-driving cars.

Uber CEO Travis Kalanick even said as much in an interview with Business Insider last year when Uber announced it would start testing self-driving vehicles in Pittsburgh.

But Waymo, the Alphabet company that spun out of Google's self-driving car project, is battling Uber on its own turf. Waymo announced on Tuesday that it has been quietly testing its automated Uber-like system in Phoenix, Arizona, another city Uber has been testing in since early this year. Now, Waymo will let anyone in the area sign up to test the service for free.

Waymo's ambition is clear: to use its near decade of expertise in self-driving cars to create a better, safer version of Uber. And it wants to get there before Uber does.

It's the next battlefront in Waymo's budding war with Uber. On one front, you have Waymo testing its self-driving, on-demand car service in the same city Uber is. On the other front, Waymo is suing Uber, claiming the company stole key self-driving technology called lidar.

And if Waymo wins its lawsuit, it could dismantle Uber's stated goal to one day automate all of its cars, giving Waymo a clear path to dominate the future of on-demand transportation.

In short, Waymo is trying to be the next Uber before Uber can be the next Uber. 

There's no way to predict which company will win the war today, but it is clear that neither company wants to come in second place. According to Kalanick himself, it'd be a disaster for his company if it can't be the first to a self-driving car service.

"If we are not tied for first, then the person who is in first, or the entity that's in first, then rolls out a ride-sharing network that is far cheaper or far higher-quality than Uber's, then Uber is no longer a thing," Kalanick told Business Insider in last year's interview.

One of those entities Kalanick was referring to?

Waymo.

SEE ALSO: Google is asking for your help to spot fake news

Join the conversation about this story »

NOW WATCH: We got a ride in a self-driving Uber — here's what it was like

Waymo started a war with Uber, and it could be Uber's downfall (GOOG) from Business Insider: Steve Kovach

The Transport Guy: Google is asking for your help to spot fake news (GOOG)

Steve Kovach April 25, 2017 at 07:00AM

Google CEO Sundar Pichai Google Assistant

Google says it has new ways to combat its fake news problem in search results.

Over the last few months, Google, along with Facebook and other digital platforms, has struggled to keep hoaxes and "fake news" stories from appearing in search.

The examples were pretty unsettling, ranging from Holocaust denials to Obama running for a third term to a wide range of other conspiracy theories.

On Tuesday, Google will have new feedback tools in its search results so users can flag content that appears to be false or misleading. (Facebook launched similar tools earlier this year along with tips to help you spot fake news.) This will help teach Google's search algorithms to automatically weed out hoaxes, and in theory, keep them buried in search results.

Google also says its search algorithms have now been trained to demote "low-quality" content based on signals like whether or not the information comes from an "authoritative" page.

The user feedback tools will be available for featured snippets, the boxes that appear near the top of search results and attempt to answer your query without you having to click through to a web page. They'll also appear in the window that helps automatically complete what you're typing based on other searches.

Here's what the autocomplete tool will look like:

google auto complete reporting tool for fake news

And here's what the snippets tool will look like:

google snippet fake news reporting toolGoogle also says it is improving the guidelines its human workers use to evaluate content that appears in search results. That work is also supposed to help train Google's algorithms to keep fake news, hoaxes, conspiracy theories, etc. out of your feed.

Why it matters

As Google and Facebook become the primary sources of news and information online for many, the two companies are starting to realize they have a responsibility to make sure users are seeing facts, not hoaxes. Just like human editors at traditional media outlets have to curate content and separate fact from fiction, Google has to do the same on a massive scale for all the stuff published to the web.

At first, Google's excuse was that so much content is uploaded online that it's impossible to weed out every offender. But as the criticism mounted, Google has taken more concrete steps to weed out fake news.

SEE ALSO: Google Home is getting a significant update

Join the conversation about this story »

NOW WATCH: This is what Google's incredible new campus will look like

Google is asking for your help to spot fake news (GOOG) from Business Insider: Steve Kovach

Friday, April 21, 2017

The Transport Guy: Samsung made its smartest software move yet choosing Google's music player for the Galaxy S8 (GOOG)

Steve Kovach April 21, 2017 at 06:00AM

Samsung Galaxy S8 16

The default music app on Samsung's new Galaxy S8 will be Google Play Music.

That's a boring sentence that has a lot of significance for the biggest Android phone maker in the world.

The move shows Samsung is finally starting to realize that its homegrown software is not up to snuff compared to the excellent apps and services Google already offers with every Android phone. It was my biggest complaint with the Galaxy S8 and one of the key reasons I think the iPhone still has a slight edge over Samsung's latest device.

Samsung likes differentiating its Android phones by packing them with extra features on top of Android. That usually means a lot of Samsung apps that do the same thing as Google apps for standard things like calendar, email, and web browsing. But instead of taking another stab at music streaming (Samsung tried and failed once upon a time with something called Milk Music), Samsung made the smart move and partnered with Google.

Play Music lets you load up your regular MP3 files to your phone and stream music from all the major labels for $9.99 per month. It's the Google equivalent of Spotify or Apple Music and it's pretty good.

Samsung users will get some extra bonuses. On top of a free three months of the streaming service, you'll be able to upload 100,000 of the music files you own to the cloud and stream them back to any device. (Google Play usually limits you to 50,000 songs.)

Android is great on its own without modifications from Samsung, and the company is slowly learning that lesson. This is a great first step by both Samsung. Hopefully it follows suit with other features like choosing Google Assistant over its own Bixby assistant.

The deal is good for Google Play Music too. Although Google hasn't disclosed subscriber numbers, Play Music is generally considered to be much smaller than Apple Music and Spotify, which each have tens of millions of paid users. Getting top slot as the default music app on what will likely be the most popular Android phone this year could give Play Music a nice boost.

SEE ALSO: Why the iPhone 7 is better than Samsung's Galaxy S8

Join the conversation about this story »

NOW WATCH: REVIEW: Samsung’s Galaxy S8 is an incredible phone, but it’s far from perfect

Samsung made its smartest software move yet choosing Google's music player for the Galaxy S8 (GOOG) from Business Insider: Steve Kovach

Thursday, April 20, 2017

The Transport Guy: Google Home is getting a significant update (GOOG)

Steve Kovach April 20, 2017 at 09:00AM

Google Home

Google's connected speaker is getting an anticipated update Thursday.

Google Home will now support multiple Google accounts and tell the difference between users' voices. That means you'll be able to get customized answers for every Google user in your house.

It's a small, but significant update. One of the big weaknesses with connected speakers like Google Home and Amazon Echo is that it's difficult to switch accounts. That means just one person's calendar, email, messages, music playlists, and more on a device the entire household is supposed to share.

Google's new update solves the problem.

Here's how it works

After setting up individual accounts using the Google Home companion app for iPhone or Android (update coming soon), the Home speaker will link each account to a user with voice recognition. Then, when you use the wake phrase "OK, Google" and ask a question or give a command, Home will deliver personalized responses for that account.

Google says the voice recognition happens on the device, which should help alleviate concerns that Google is keeping tabs on your voice patterns.

Why this matters

Google Home is an important piece of Google's overall strategy to leverage its expertise in voice control, machine learning, and artificial intelligence. Home is powered by Google Assistant, the new digital helper that can be found on Google's Pixel phones and new Android phones like the Samsung Galaxy S8.

Google CEO Sundar Pichai is especially bullish on the prospects of voice and AI as keys to the future of computing, but hasn't detailed how the company plans to monetize those ambitions as more people move to screen-free computing where they can't see the digital ads the company makes most of its money from.

SEE ALSO: Why the iPhone 7 is still better than the Samsung Galaxy S8

Join the conversation about this story »

NOW WATCH: 7 Google Maps tricks only power users know about

Google Home is getting a significant update (GOOG) from Business Insider: Steve Kovach

Wednesday, April 19, 2017

The Transport Guy: Why the iPhone 7 is still better than the Samsung Galaxy S8 (AAPL)

Steve Kovach April 19, 2017 at 07:13AM

tim cook apple ceo with maddie ziegler at iphone 7 launch event

The first reviews for Samsung's new Galaxy S8 were universally positive, and deservedly so.

It really is a great phone. Excellent hardware. Beautiful design. Great camera, battery life, and overall performance.

But even though the iPhone 7 looks and feels outdated by comparison, it has one key advantage that gives it an edge over the Galaxy S8: the iOS ecosystem.

Just look at the reviews.

While everyone praised Samsung's hardware and design, it's clear that Samsung misfired on the software side of things. Bixby, Samsung's homegrown digital assistant, is basically useless and fails in its attempt to mimic Google's own Assistant. Plus, Samsung flubbed the Bixby launch and won't launch its voice controls until later this year. When that happens, Galaxy S8 owners will have two assistants living on their phone competing for their attention.

On top of that, Samsung made loads of unnecessary modifications to Android. There are duplicate Samsung-branded apps for everything from email to calendar, and none of them are better than the Google apps that ship with Android.

Plus, Samsung has a horrible track record of keeping its phones up to date. Even the Galaxy S7, which is barely a year old, isn't running the latest version of Android on some carriers. And it's been about six months since Google released that version of Android. Meanwhile, new Samsung-specific software features rarely make it to older phone models. If you buy a new Samsung phone, it only remains relevant for about a year until the next one comes out.

Samsung Galaxy S8 20

Apple does a much better job at keeping iPhones up to date for several years. It pushes the same version with the same features to practically every iPhone still in use. And it's that strength of the iOS ecosystem that keeps developers coming back and offering the latest and greatest apps and new features on iOS first.

It's true that Apple's lead in smartphones is thinning, and Samsung's innovative hardware and design in the Galaxy S8 is all the proof you need of that. But it's iOS that gives Apple the advantage.

This is why I think the Galaxy S8 (and likely the Note 8 that's expected to launch this fall) will struggle against Apple's next iPhone, which is said to adopt a lot of features from Samsung like that larger, curved screen. 

Samsung will enjoy a nice glow following the launch of the Galaxy S8 for a few months, but Apple is poised to widen its lead again in the fall.

SEE ALSO: The full Samsung Galaxy S8 review

Join the conversation about this story »

NOW WATCH: REVIEW: Samsung’s Galaxy S8 is an incredible phone, but it’s far from perfect

Why the iPhone 7 is still better than the Samsung Galaxy S8 (AAPL) from Business Insider: Steve Kovach

Tuesday, April 18, 2017

The Transport Guy: LIVE: Yahoo earnings (YHOO, VZ)

Steve Kovach April 18, 2017 at 12:50PM

Marissa Mayer

Yahoo's Q1 earnings report, due to be released after Tuesday's market close, will likely represent the company's final report before it is acquired by Verizon.

First, the scorecard.

Here's what analysts are expecting. We'll have the final numbers as soon as they cross the wire.

Net Revenue (excluding traffic acquisition costs): $814 million, down 5% year-on-year

EPS (adjusted): $0.14

This marks the end of an era for Yahoo. After the Verizon deal closes, Marissa Mayer will step down as CEO with a severance package worth about $23 million.

Yahoo will then combine with AOL, which is also owned by Verizon, and the combined company will be called Oath. (Yes, that's the real name.) Oath will be the parent company while the AOL and Yahoo brands live on for stuff like news, email, and other media Oath can sell digital ads against.

SEE ALSO: This is Facebook's new plan to get people talking to businesses in Messenger

Join the conversation about this story »

NOW WATCH: 6 things the Samsung Galaxy S8 can do that the iPhone can’t

LIVE: Yahoo earnings (YHOO, VZ) from Business Insider: Steve Kovach

The Transport Guy: Mark Zuckerberg wants to eliminate all screens from your life with special glasses (FB)

Steve Kovach April 18, 2017 at 10:52AM

facebook glasses

If Facebook CEO Mark Zuckerberg has his way, you'll never have to buy a gadget with a screen again.

Instead, you'll be using a pair of augmented reality (AR) glasses or even contacts in the future in order to place digital content on top of any surface.

At a keynote speech at Facebook's annual F8 developers conference Tuesday, Zuckerberg said that while the company is kicking off its AR efforts with the smartphone camera and screen, the ultimate goal is to just have one gadget that rules them all.

"We all know where we want this to get eventually," Zuckerberg said during the keynote. "We all want glasses or eventually contact lenses that look and feel normal but let us overlay all kinds of information and digital objects on top of the real world."

To be clear, Zuckerberg didn't come out and say Facebook is building a glasses or contacts right away since the technology is so far off. Facebook isn't the only company exploring AR glasses either. Apple, Google, Microsoft, Snap and the startup Magic Leap are all focused on developing similar types of products. 

But the all have the same goal: to eliminate screens from your life and give you that one gadget to trump the rest.

SEE ALSO: The Galaxy S8 review

Join the conversation about this story »

NOW WATCH: Facebook is copying Snapchat with these new features

Mark Zuckerberg wants to eliminate all screens from your life with special glasses (FB) from Business Insider: Steve Kovach

The Transport Guy: Samsung made a phone that looks so much better than Apple's iPhone

Corey Protin and Steve Kovach April 18, 2017 at 10:23AM

Samsung has made the best looking phone in the world: the Galaxy S8After years of uninspired, plasticky designs, Samsung has taken things to the next level, out-designing Apple's iPhone and the rest of the competition. 

Here's a look at what makes the design of the Galaxy S8 so great.

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Samsung made a phone that looks so much better than Apple's iPhone from Business Insider: Steve Kovach

The Transport Guy: The Galaxy S8's facial recognition feature is a security blunder

Steve Kovach April 18, 2017 at 09:11AM

samsung galaxy s8 plus face detection

Samsung's new Galaxy S8 is an amazing phone with a horrible flaw.

Out of the slew of new features in the device, the Galaxy S8's facial recognition software is the biggest cause for concern.

Samsung pitches facial recognition as a convenient way to unlock your device, but it also says it's less secure than the other methods for keeping all your stuff safe — in fact, as you set up the phone, you'll see a pop-up that says facial recognition is not as secure as the other means of protection, like the fingerprint sensor, iris scanner, and a passcode.

A few weeks ago, in fact, someone was able to fool the S8's facial recognition with a photo of themselves. (Samsung says it has since updated the S8's software to add more security, and I wasn't able to trick my review unit with a photo of myself.)

Still, the S8 will still warn you that facial recognition isn't secure and could be tricked when you set it up. That's a good move in theory, but in practice it could confuse users.

For example, when you first set up your S8, facial recognition is the first option given to "protect your phone" when you set it up for the first time.

samsung galaxy s8 facial recognition set up

The fact that Samsung says facial recognition on the Galaxy S8 isn't secure and still encourages you to set it up is the biggest preventable security snafu I've seen in a major tech product.

This is not a technical achievement. It's an ill-advised attempt to add a wow-factor to the Galaxy S8. My advice: If you get the S8, do not enable facial recognition. Use your fingerprint or a passcode instead. And Samsung should either find a way to make facial recognition equally as secure as those methods or remove it from the phone altogether in a software update. 

SEE ALSO: The Galaxy S8 review

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The Galaxy S8's facial recognition feature is a security blunder from Business Insider: Steve Kovach

The Transport Guy: Samsung's Galaxy S8 is the most beautiful phone in the world

Steve Kovach April 18, 2017 at 08:00AM

Samsung Galaxy S8 6

It’s the first question on your mind, so I’ll answer it right away.

The Galaxy S8 does not explode.

I’ve been testing Samsung’s latest phone for a week, and it never overheated. There was no popping, sizzling, smoking, and definitely no fire. As far as I can tell, the Galaxy S8 doesn’t have the same battery flaw that its predecessor did.

Of course, it’s always possible there will be problems once millions of people get the Galaxy S8 in the coming weeks. But you have to trust that a company as maniacally focused on winning as Samsung won’t make the same mistake twice in six months.

On top of that, the Galaxy S8 is an incredible phone, and it puts Samsung on a path to redemption after that embarrassing blunder with the Note 7 last fall. It’s bigger and better looking than the iPhone. The curved screen sets a new standard for smartphone displays. And it’s packed with essential features like wireless charging and a best-in-class camera.

Still, it’s not perfect. While the hardware and design are the best you can get, there are a lot of questionable things going on with the software, especially Samsung’s decision to make its own digital assistant called Bixby. Oh, and Bixby’s voice features won’t be ready when the phone launches.

The Galaxy S8 and its bigger brother the Galaxy S8+ go on sale April 21, starting at about $729.

The best-looking phone, ever

The Galaxy S8 isn’t just a gorgeous Samsung phone. It’s the best-looking phone ever built.

Most of that is due to the curved display, which covers over 80% of the phone’s face. The curve is supposed to give the impression that there aren’t any borders around the screen, which Samsung calls the Infinity Display. (That’s a misnomer though. You can totally see bezels on this thing.)

It’s an impressive feat of engineering. At 5.8 inches, the Galaxy S8’s screen is larger than the iPhone 7 Plus screen, but packed on a slimmer and more attractive body. The iPhone looks chunky and outdated by comparison. We’re getting closer and closer to the dream of having a phone that’s all display on the front.

Samsung Galaxy S8 3

Want to go bigger? The Galaxy S8+ bumps the screen size to 6.2 inches, but I found that model a little too big for my tastes.

There’s another reason the S8 looks and feels so good. It’s made from two identical pieces of glass on the front and back, which makes it comfortable and natural to hold or slip in your pocket. Couple that with the large display, and it feels like your content is almost floating in your hand. Brilliant.

To make room for all that screen, Samsung removed the home button and replaced it with digital keys at the bottom of the display. There’s a nice haptic feedback when you press there, and it wasn’t much of an adjustment for me.

There’s more to like. Wireless charging. Fast charging. A camera that still can’t be beat. Expandable memory. And better-than-average battery life. It’s all the stuff you care about on one amazing-looking phone.

But there is one major flaw to the design. Since the home button is gone, the fingerprint sensor has been moved to the back, right next to the camera. It couldn’t be in a more awkward place. I constantly found myself fumbling for the sensor, which resulted in smudges on the camera lens. It would’ve been much better if Samsung put the fingerprint sensor in the middle of the phone.

Samsung Galaxy S8 7

Software flubs

My big problem with the Galaxy S8 is the same problem I’ve had with the last few Samsung phones. Although Samsung continues to perfect hardware and design, it still misfires when it comes to software. Samsung’s modifications to Android are too noisy compared to the “clean” version that ships on Google’s Pixel phones.

And things get even more complicated with the introduction of Bixby, a new Siri/Alexa/Google Assistant rival developed in house by Samsung. Samsung’s ultimate vision for Bixby is to control everything on your phone with your voice. Want to adjust the brightness? Ask Bixby. Want to send an email? Connect to a Bluetooth speaker? Beam video to your smart TV? Bixby, in theory, should be able to handle all of it.

But after a disappointing demo of an early version of Bixby, Samsung delayed the voice control features until a software update comes later this spring. Bixby was clearly too limited and flawed to make a public debut. That’s nothing short of an embarrassment, considering Samsung hyped Bixby before it even announced the Galaxy S8 and added a dedicated button for launching the assistant on the side of the phone. Now that button does nothing.

Samsung Galaxy S8 14

Bixby isn’t just about voice, though. There’s also a feature in the camera called Bixby Vision that can analyze objects and bring up relevant information like shopping links and things to do nearby. But I had mixed results with Bixby Vision. It was good at recognizing books and pulling up Amazon links, but it didn’t always recognize other objects. For example, I took a photo of a Pepsi can and Bixby pulled up images of beer cans instead. I’m not sure it’s a necessary feature anyway. I’d rather just Google things than point a camera at something in the real world to do a web search.

Finally, there’s Bixby Home, which lives to the left of your main home screen and contains cards of information like weather, upcoming calendar events, and news clips. It’s almost an exact clone of Google Home, which is also part of Android and works a lot better.Samsung Galaxy S8 12

Overall, Bixby is a mystery to me. There’s no reason to add a proprietary, inferior digital assistant when Google already has it nailed. And I worry that some users will get confused by two assistants battling it out for your time on the same device. Although Bixby doesn't ruin the S8, you’re better off ignoring it and using Google’s services instead.

Security snafu

One of the newest ways Samsung is pitching to unlock your phone is also one of the least secure: facial recognition. Although it works every time and it’s faster than the fingerprint, it’s not as secure as it should be. In fact, someone was already able to fool it with a photo, and the S8 even warns you that it’s not foolproof when you activate it. However, Samsung tells me it has since improved the facial recognition feature with new software. That seems true. I wasn’t able to fool it with a 8x10 photo of myself no matter how hard I tried.

And Samsung says facial recognition was never meant to be totally secure. It’s just another way to “open” your device, like the standard swipe-to-unlock feature. But that’s not the way Samsung has been pitching it. In fact, it’s the first option to “protect your phone” when you set the device up for the first time. This is nothing short of a security blunder. You shouldn’t use the facial recognition feature and Samsung should remove it altogether.

samsung galaxy s8 facial recognition set up

Conclusion

The Galaxy S8 is the kind of phone I’ve been dreaming of: a massive screen on a compact, well-designed body. It’s about as close to perfect as you can get. But because the software isn’t as refined as the hardware, I found myself pining for a phone like this either running the clean version of Android or even iOS. (My dream may come true with the next iPhone, according to the latest rumors.)

I have a feeling the software quirks I mentioned won't bother most people. And those quirks can easily be hidden or ignored. The Galaxy S8 is a great phone and it sets a new standard for all premium smartphones.

SEE ALSO: All the best features in the Galaxy S8

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NOW WATCH: Everything you need to know about the Samsung Galaxy S8

Samsung's Galaxy S8 is the most beautiful phone in the world from Business Insider: Steve Kovach

The Transport Guy: Here are all the best features in the Samsung Galaxy S8

Hollis Johnson and Steve Kovach April 18, 2017 at 08:00AM

Samsung Galaxy S8 1

Samsung's new Galaxy S8 launches April 21, and we've been using it for about a week.

Expectations are high for the phone as Samsung attempts to recover from the Galaxy Note 7 fiasco last fall. 

What can it do? Check out the phone's best features here.

It comes in two sizes. The Galaxy S8 has a 5.8-inch screen. The Galaxy S8+ has a 6.2-inch screen.



It fits more screen on a smaller body compared to the iPhone.



Look at all that screen.



See the rest of the story at Business Insider

Here are all the best features in the Samsung Galaxy S8 from Business Insider: Steve Kovach

The Transport Guy: REVIEW: Samsung’s Galaxy S8 is an incredible phone, but it’s far from perfect

Corey Protin and Steve Kovach April 18, 2017 at 07:59AM

The Galaxy S8 is an incredible phone, and it puts Samsung on a path to redemption after the battery debacle the Note 7 suffered last fall.

Still, it’s not perfect. While the hardware and design are the best you can get, there are a lot of questionable things going on with the software, especially Samsung’s decision to make its own digital assistant called Bixby.

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REVIEW: Samsung’s Galaxy S8 is an incredible phone, but it’s far from perfect from Business Insider: Steve Kovach

The Transport Guy: If the latest iPhone 8 rumors are true, Samsung should be worried (AAPL)

Steve Kovach April 18, 2017 at 06:20AM

iPhone render

Bloomberg dropped a huge report Tuesday about what to expect from the next iPhone this fall.

If you've been following the rumors closely, none of this is new. But it's worth mentioning again as Apple's rival Samsung prepares to launch its next major phone.

Here's a sampling of what Bloomberg says is coming to the next iPhone.

  • A larger display that covers most of the front of the phone.
  • An OLED screen with better color representation.
  • Symmetrical glass and steel design.
  • No more home button.

If that sounds familiar, it should be. On Friday, Samsung will start selling the Galaxy S8 and Galaxy S8+, which features a curved screen that covers over 80% of the front and many other features expected in the next iPhone.

It's like 2012 and 2013 all over again, when Samsung was credited for innovating with big-screen phones while Apple remained adamant that 4-inch phones were the sweet spot. (Remember all those Apple-Is-Doomed takes?) Now Samsung has out-designed and out-innovated Apple again with the Galaxy S8.

Of course, that changed with the launch of the big-screen iPhone 6 and 6 Plus in 2014, and Samsung's fortunes immediately began to reverse.

My prediction: Samsung will enjoy a good six or seven months in the spotlight with the best-looking, most innovative hardware thanks to the S8. But as soon as we get a look at the next iPhone, it's going to be hard for Samsung to differentiate its phones again.

SEE ALSO: It's a make-or-break moment for Samsung as it launches the Galaxy S8

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NOW WATCH: Everything you need to know about the Samsung Galaxy S8

If the latest iPhone 8 rumors are true, Samsung should be worried (AAPL) from Business Insider: Steve Kovach

Sunday, April 16, 2017

The Transport Guy: It's a make-or-break moment for Samsung with the launch of the Galaxy S8

Steve Kovach April 16, 2017 at 06:00AM

DJ Koh, Samsung president of mobile communications, shows the Galaxy S8 and S8+ smartphones during the Samsung Unpacked event in New York City, United States March 29, 2017.

Samsung's big test is coming in less than a week.

On April 21, customers will get their hands on the Galaxy S8, Samsung's first flagship phone since the embarrassing Galaxy Note 7 debacle that damaged the company's reputation and wiped about $17 billion from its value last year.

Not a good look.

But early impressions of the Galaxy S8 have been amazing.

From a design perspective, the phone features a gorgeous curved screen that takes up almost the entire front of the phone. (Samsung calls it an "Infinity Display" because it gives you the impression that there are minimal borders on the sides.) It's also made from all glass and metal, with a svelte body that feels great in the hand or pocket.

Overall, the phone features a larger screen in a slim and light package. The iPhone looks chunky by comparison. The Galaxy S8 is the early favorite for the best phone of 2017.

Plus, there are loads of thoughtful hardware innovations like wireless charging and a top-of-the-line camera that has yet to be beaten by competitors. Even after last year's stumbles, it feels like Samsung is gearing up for a major redemption thanks to the Galaxy S8. (As long as the battery doesn't explode again, of course.)

Still, there are a few concerns ahead of the launch. Samsung was forced to admit Tuesday that its new voice assistant Bixby won't be ready when the phone launches. That's probably a good thing, given that Bixby struggled to work properly in an early demo I saw a few weeks ago. But it's an embarrassing admission by Samsung that it can't keep pace with the growing voice-control category dominated by Amazon, Apple, and Google.

Samsung's decision to create Bixby didn't make much sense in the first place, since the phone will also ship with Google Assistant, Android's excellent digital helper. That threatens to confuse users with two different assistants on the same device. Good luck with that.

And until Bixby does launch with a software update later this spring, the dedicated Bixby button on the side of the phone won't serve a purpose at all. That's another bad look at a time Samsung needs to really wow users again to make up for last year's embarrassments.

All that said, the Galaxy S8 will likely live up to most of its expectations. Samsung hasn't commented specifically on demand, but did say the phone saw growth in pre-orders in the US over last year's Galaxy S7, which was also well received. 

If I had to bet, most people will look beyond the relatively minor software flubs Samsung is making with the Galaxy S8 and instead focus on the innovative hardware and design. Frankly, the iPhone has never looked so far behind in those categories.

SEE ALSO: Apple abandoned some of its most important users, and now it's trying to catch up

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NOW WATCH: Everything you need to know about the Samsung Galaxy S8

It's a make-or-break moment for Samsung with the launch of the Galaxy S8 from Business Insider: Steve Kovach

Wednesday, April 12, 2017

The Transport Guy: The guy who started Android just teased a new mystery gadget

Steve Kovach April 12, 2017 at 10:13AM

Android founder Andy Rubin appears to be gearing up for his next big thing.

A few weeks after teasing the new smartphone his stealthy startup Essential is working on, he teased another product in a Twitter post Wednesday:

Our guess? It looks like some sort of 360-degree camera thing.

Rubin is the CEO of Essential, which plans to release a new high-end smartphone in the next few months, sources familiar with the company's plans previously told Business Insider.

But the ambition goes beyond that. The smartphone will be part of a broader ecosystem of consumer products. It's possible that whatever the camera thing is that Rubin teased on Wednesday is another piece of the Essential puzzle.

SEE ALSO: Samsung's newest phone, the Galaxy S8

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NOW WATCH: 6 things the Samsung Galaxy S8 can do that the iPhone can’t

The guy who started Android just teased a new mystery gadget from Business Insider: Steve Kovach

Saturday, April 8, 2017

The Transport Guy: The cord-cutter's dream is still a long way away (GOOG, GOOGL, T)

Steve Kovach April 08, 2017 at 06:30AM

Youtube TV 5

Let me be clear up front, since I'm about to say a lot of not-so-positive things about YouTube TV, Google's new streaming TV service that launched in a handful of cities this week.

It's an impressive product from a technical perspective, and easily the best of the growing number of products in the category from DirecTV, Sling TV, and Sony. The app is well-designed and easy to use. The streams are stable, something the competition has struggled with. And the unlimited DVR function is like having your own personal Netflix.

Cool stuff.

But there are far too many caveats and concessions with YouTube TV to make it a viable option for cord cutters today, and many of its restrictions are the ones that have plagued all the other streaming TV services. It's a niche product, and it's not going to grow into its own ambitions without some major improvements.

Here's the rundown.

Regional availability

Right now, YouTube TV is only available in a handful of cities: New York, Los Angeles, San Francisco, and Chicago. It'll expand from here, but don't hold your breath if you're expecting it to launch outside the US. Since YouTube TV is dedicated to offering local channels, that means it'll have to negotiate streaming rights city by city in many cases. There's also a chance it won't be able to get all of them on board.

Channel selection and pricing

There are a little more than 40 channels available. While it's great to have all four major networks and (soon) AMC, YouTube TV is still missing a lot of channels like Discovery, CNN, TBS, TNT, and HBO. It'll likely take a lot more negotiating to get that content, and even then, it'll be tough for YouTube to keep the price at $35 per month if it does.

Meanwhile, DirecTV and Sling TV offer packages with over 100 channels. And while $35 isn't a bad price for 40 or so channels, competitors offer a lot more for your money. DirecTV now gives you over 60 channels for $35 per month, for example.

Device support

The great promise of streaming TV services is that they're ideally supposed to let you watch TV wherever you are, no matter what device you have.

That's not the case with YouTube TV, which only works on iPhone and Android for now. Want to watch on your television? You'll need to beam the video from your phone to a Chromecast. We're still waiting for apps that let you stream on smart TVs, Roku, Apple TV, video game consoles, and so on.

Sports restrictions

Even with ESPN on YouTube TV, watching live sports can still be a pain, thanks to blackout restrictions and other agreements sports leagues have with service providers. For example, you can't watch NFL games on YouTube TV because Verizon has exclusive mobile streaming rights for now.

Local sports is a problem too. I couldn't watch Mets games on YouTube TV this week because they air on SNY, a local sports network in New York City. It's not on YouTube TV.

Google appears to be conflating two very different trends with YouTube TV

1.) Millennials and young people don't like watching traditional, linear TV. They want what they want on demand.

2.) They want to watch content on their phones.

While both are true, it doesn't make sense to mash the two trends together and provide linear content only on mobile devices with limited ways to watch on a big-screen TV. The cord-cutting trend is growing precisely because a new generation is growing up on the internet and sucking down content on demand without being slave to a programming schedule. Live TV only makes sense with limited programming like sports, and none of the streaming services do sports well.

The future of TV is still a long way away

Just about every major tech company and TV service has promised a radical transformation in the way we watch TV, but none of them have delivered. YouTube TV is proof that you can get the underlying tech right, but there are far too many hurdles getting the content people want on the devices they want. The best option if you you want to watch paid TV is, unfortunately, to still sign up for cable.

SEE ALSO: Here's Samsung's newest phone, the Galaxy S8

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NOW WATCH: 5 things Google's Pixel phone can do that the iPhone can't

The cord-cutter's dream is still a long way away (GOOG, GOOGL, T) from Business Insider: Steve Kovach

Friday, April 7, 2017

The Transport Guy: Twitter's top execs got another big payday last year as its stock tanked (TWTR)

Steve Kovach April 07, 2017 at 03:09PM

Anthony Noto

Twitter's stock is trading near all-time lows, a longstanding board member is leaving and some of the company's executives are getting hefty compensation packages worth tens of millions of dollars despite the business' struggles.

Welcome to another year in Twitter.

The company's annual proxy statement, released on Friday, is if nothing else, a study in contrasts between Twitter's suffering shareholders and the company's richly-rewarded executive suite.

Anthony Noto, Twitter's COO, got a total compensation package worth $23.77 million in 2016, according to the proxy, including a base salary of $496,000 and tens of millions of dollars worth of stock.

Noto was previously the CFO and was promoted to COO in November, a move that earned him an additional $12 million a year in stock, Twitter said at the time.

Adam Bain, who stepped down as COO last November, earned $29.3 million in 2016.

Twitter's top lawyer, Vijaya Gadde, took home a $498,000 base salary in 2016, up from $370,000 the year before. Her total compensation in 2016, including stock awards, totaled $9.8 million.

As for CEO and cofounder Jack Dorsey, who's also the CEO of the digital payments company Square, he once again took no salary in 2016. That's in the tradition of other founder CEOs such as Facebook's Mark Zuckerberg and Alphabet's Larry Page, who take nominal $1 salaries.

Dorsey owns 2.4% of Twitter's total shares. 

Twitter also said that Peter Fenton will not "not be standing for re-election" to Twitter's board of directors at the annual shareholder meeting in May. Fenton, a partner at Benchmark Capital and an early investor in Twitter, has been on Twitter's board since 2009.

Shares of Twitter finished Friday's regular session at $14.29, just slightly above the all-time low of $13.73. 

Of course, the executive compensation is for Twitter's performance in 2016. 

So how did the stock do last year?

Twitter's stock fell roughly 30% in 2016. The Nasdaq rose 7% that year and the Dow Jones Composite Index grew 13%.

Here's a look at the rest of Twitter executive compensation for 2016:

twitter 2016 compensation

SEE ALSO: Twitter cofounder and board member Evan Williams plans to sell up to 30% of his shares

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NOW WATCH: I switched from Mac to Windows and I'm never going back — here's why

Twitter's top execs got another big payday last year as its stock tanked (TWTR) from Business Insider: Steve Kovach

Thursday, April 6, 2017

The Transport Guy: Twitter co-founder and board member Evan Williams plans to sell up to 30% of his shares (TWTR)

Steve Kovach April 06, 2017 at 09:08AM

Evan Williams

Evan Williams, the co-founder and board member of Twitter, plans to sell a significant portion of his shares in the company, Business Insider has learned.

After Business Insider inquired about the shares, Williams posted a blog post explaining why he is selling his shares.

"After a year and a half of no selling, I have filed a new 10b5–1 plan to liquidate a minority of my TWTR over the next year," Williams wrote. "This plan kicked in on Monday. It actually pains me to be selling at this point, but this sale is all about personal context, not company context."

Williams sold about $4 million worth of Twitter stock Wednesday, according to SEC filings, but that's just the beginning. He plans to sell up to 30% of his shares over the next few months. The sale would reduce his stake in Twitter from about 5% to slightly under 4%.

Williams will remain on Twitter's board, a spokesperson told Business Insider.

"Evan Williams recently entered into a pre-arranged 10b5-1 stock trading plan as part of his continued efforts to diversify his financial positions and focus on his charitable organization and other endeavors," the spokesperson said. "Ev, a co-founder of Twitter and member of the Board since 2007, has been a champion of Twitter since Day 1 and intends to maintain a significant ownership position in the company. The plan is not expected to result in the sale of more than 30% of Ev’s holdings."

Williams also served as Twitter's CEO for a brief time. He stepped down in 2010. He's now the CEO of Medium, a blogging platform.

Join the conversation about this story »

NOW WATCH: The full story of Twitter CEO Jack Dorsey is much more awesome than you realize

Twitter co-founder and board member Evan Williams plans to sell up to 30% of his shares (TWTR) from Business Insider: Steve Kovach

Wednesday, April 5, 2017

The Transport Guy: Uber says a big New York Times story was wrong about drivers losing work as pickup times get better

Steve Kovach April 05, 2017 at 12:49PM

uber

Uber is refuting a major assertion in a recent New York Times story about how the company manages its drivers.

The story mostly focused on how Uber uses social engineering techniques to encourage drivers to stay on the road longer. But it also asserts that the more drivers there are on the road, the more time these drivers spend idling and not making money because there's not enough demand.

In a blog post written by Uber's director of policy research Betsy Masiello published Wednesday, Uber says these claims are false and that more drivers on the road actually results in more work for them.

Without getting too technical, Masiello says Uber has data that shows as Uber gets better at reducing wait times in a city and improving the overall experience, it attracts more riders to the service. Therefore, there are more fares for drivers in a "virtuous cycle" that benefits everyone.

"First, as the number of passengers and drivers using Uber grows, any individual driver is more likely to be close to a rider," Masiello writes. "This means shorter pickup times and more time spent with a paying passenger in the back of the car."

Still, the response from Uber does not refute other issues brought up in The New York Times story, including how a driver's Uber app encourages more rides by previewing the next fare before the current one is finished. Uber's blog post also lacks hard numbers. Instead, it shows a series of graphs comparing drivers, idle time, and ETA over time without specifics on the axis.

uber driver idle and eta times

SEE ALSO: Google's former self-driving car boss scooped up some funding for his next project

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NOW WATCH: Uber drivers reveal 5 ways to get a better passenger rating

Uber says a big New York Times story was wrong about drivers losing work as pickup times get better from Business Insider: Steve Kovach

The Transport Guy: YouTube's $35-a-month TV streaming service just launched — here's what it's like

Steve Kovach April 05, 2017 at 10:00AM

Youtube TV 8

Google's experiment to court cord-cutters begins now.

On Wednesday, Google launched YouTube TV, the live TV video streaming service it announced earlier this year, on iPhone and Android. It costs $35 per month and up to six users can share an account. (However, you can only stream on three devices at the same time.) You also get a one-month free trial and can cancel whenever you want. No contracts.

YouTube TV includes over 40 channels with the option to buy premium networks like Showtime. There's also a virtual DVR service with unlimited storage so you can stream shows you've recorded to your device and skip past commercials.

Here's a quick overview of the channels you get with YouTube TV:

youtube tv channels

I've only been using YouTube TV for a few days, so this isn't a full, in-depth review. I also haven't had a chance to test the service on Chromecast or use the voice control features with the Google Home speaker. But overall, the video streams have been steady and reliable on YouTube TV, which has been a big challenge for competitors like DirecTV Now and Sling TV. We'll see how it holds up once the public gets to try it though.

Want to see it in action? Keep reading.

SEE ALSO: 10 things the Samsung Galaxy S8 can do that the iPhone can't

YouTube TV is a separate app you download for iPhone or Android. It's not on devices like Roku or Apple TV yet.



If you want to watch YouTube TV on your television, you'll need a Chromecast or a special TV with Google Cast built in.

Chromecast and Google Cast will let you beam YouTube TV from your phone to your television.



The Home tab recommends live and recorded shows that you might want to watch based on shows you've selected to record.



See the rest of the story at Business Insider

YouTube's $35-a-month TV streaming service just launched — here's what it's like from Business Insider: Steve Kovach