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NY Times BITS update

Friday, November 13,
The Blurry Lines of Tech and Media | There’s already been a lot ofdiscussion this week about the tech industry’s relationship with the media. It didn’t start this week – this is a decades-old topic at this point – and it won’t end this week, either.
The tech industry’s incursion into the world of media has, of course, put financial pressure on traditional media companies. Shares in media companies plunged last week, and Viacom on Thursday said its overall revenue fell 5 percent, more than expected, in the face of a changing advertising market.
The digital “transition has now taken hold across the industry,” Philippe P. Dauman, chief executive of Viacom, said during a conference call, “creating disruption, but also spurring action and real momentum towards solution.”
Somehow, though, the overlaps have seemed particularly glaring this week. And on Thursday, Microsoft even released a long argument about technology-surveillance reform that looked a lot like an article you might read on Medium. And speaking of Medium, is it a tech company or a media company? Or both?
Ready, set … debate.
A scene from

Tumbling TV Ad Sales Pull Revenue Down More Than Forecast at Viacom | Total revenue declined more than expected, to $3.8 billion for the quarter, brought down by TV advertising weakness and lackluster film releases.

More From the Times

A Global Academy’s Crash Course Makes Angels Out of Investors | Angel Labs has organized workshops in more than 38 countries for prospective investors who want to learn how to size up entrepreneurs and their ideas.

A new

Citigroup Imports a Branch Style From Operations Abroad | The “smart branches,” catering to a more affluent clientele, will be much smaller and offer more personal services.

Lawmakers Ask for Information About Online Lenders | Four members of Congress and the Treasury Department are trying to determine whether the small-business lenders should be more tightly regulated.
Gene Amdahl at home in Saratoga, Calif., in 1979. As a young computer scientist at IBM, Dr. Amdahl, who has a formula named after him, played a crucial role in the development of the System/360 series.

Gene Amdahl, Pioneer of Mainframe Computing, Dies at 92 | Dr. Amdahl played a crucial role in developing the IBM System/360 series, which influenced computer design for years.

Apple Apologizes to Black Students Ejected From Store in Australia | Video of the episode showed an employee saying there were fears they might “steal something.”

Microsoft May Let Europeans Store Data Closer to Home | Microsoft may soon be one of the first cloud-computing companies in the United States to let Europeans store their online data closer to home.
Personal Technology
Moving an iTunes Library With an External Hard Drive | As long as you have an external hard drive large enough to hold your collection, you can use it to move your library, even between Macs and PCs.
Insight & Analysis

The Crispr Quandary | A new gene-editing tool might create an ethical morass – or it might make revising nature seem natural.

A Self-Driving Car Was Pulled Over for Going Too Slow | FUSION
Alphabet’s self-driving cars are still being tested, and their speeds are being capped at 25 mph for safety reasons. – Ashwin Seshagiri
Categories: Uncategorized
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