Techmeme
July 19, 2020, 6:55 PM

Top News

Kira Tebbe / OneZero :
In 2019, Facebook, Apple, Amazon, Microsoft, and Google were collectively granted ~27,000 H-1B visas, over 30% of total visas available to private companies  —  Five tech companies use nearly 30,000 H1-B visas, while over 50% of graduate STEM degrees are earned by international students
Arno Schuetze / Reuters:
Teamviewer has agreed to acquire Ubimax, which makes AR software and wearable computing devices, for €136.5M  —  FRANKFURT (Reuters) - German software company Teamviewer (TMV.DE) has agreed to acquire peer Ubimax to expand its offering in augmented reality and internet of things, it said on Wednesday.
Christopher Mims / Wall Street Journal:
Retail stores, which were closing due to declining foot traffic even before the pandemic, are now increasingly being turned into online fulfillment centers  —  As the demand for in-person shopping diminishes, landlords, startups and retailers are converting abandoned stores into online fulfillment centers
Wall Street Journal:
Sources say plans to remake GE as a software powerhouse were scuttled by employee confusion and delusions about what it would take to reposition the company  —  The industrial giant hoped to remake itself as a software powerhouse.  Here's what went wrong.  —  In early 2014 …
Delian Asparouhov / Operators & Delian's Ramblings:
Despite its limitations, GPT-3, OpenAI's text-generating AI, excels at producing follow-on thoughts to input text and could thus succeed as a “writing buddy”  —  OpenAI, an AI research foundation started by Elon Musk, Sam Altman, Greg Brockman, and a few other leaders in ML …
Suzanne Vranica / Wall Street Journal:
Sources: Disney has dramatically cut ad spending on Facebook and Instagram; Disney was Facebook's top US advertiser for H1 2020, per an estimate  —  Hundreds of advertisers have paused spending on the social network due to concerns about hate speech, divisive content
Olivia Solon / NBC News:
Profile of Child Rescue Coalition, whose tech is used in 96 countries including the US to help police triage child porn cases, as experts raise privacy concerns  —  BOCA RATON, Fla. — In December 2016, law enforcement agents seized computers and hard drives from the home of Tay Christopher Cooper …

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