Intel Corporation (NASDAQ:INTC) Joins The Self-Driving Car Race

The stock of Intel Corporation (NASDAQ:INTC) closed at $36.59 gaining 0.49% in yesterday’s trading session. On Wednesday, the provider revealed that it had plans underway to build a fleet of 100 cars to test self-driving technology. It is doing all within its means to leapfrog fierce competitors such as NVIDIA Corporation (NASDAQ:NVDA) and QUALCOMM, Inc (NASDAQ:QCOM).

These cars are expected to be highly automated “level 4” vehicles and the initial tests will be carried in the U.S, Europe and Israel. Intel affirms that the project won’t in anyway be replacing Intel’s new autonomous driving lab. The most recent version of the lab is said to be coming up with the self-driving car systems for a number of companies including Ericsson, BMW and Delphi.

The fleet will be highlighting Intel’s $15 billion acquisition of Mobileye which reportedly closed in the course of this particular week. Israel-based Mobileye is behind the top-end technology that is responsible for the manufacture of a wide array of cars. This provider purchased about 84 percent of Mobileye’s shares and is also looking forward to see cars bearing the Intel-Mobileye technology on the various roads by 2018.

Qualcomm is believed to have gained much of its popularity on the advent of mobile phones. On the other hand, Nvidia has over the years been riding in the glory of being one of the most trusted manufacturers of a wide range of gaming devices. The two are said to have channeled much of their resources into the self-driving vehicles.

During the last fall, Qualcomm went ahead to make an announcement stating that is was intending to purchase NXP Semiconductors in an $47 billion deal.

Jensen Huang , an Nvidia CEO provided an ambitious self-driving car demonstration  during the early periods of this particular year. This of course took place at the technology tradeshow CES. The chip provider which many at times corners this particular market is expected to gain immensely.

Chips happen to be critical aspects in a wide array of vehicles and this is what has powered the ever rising suite of electronic devices in different cars.

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Citrix Systems, Inc. (NASDAQ:CTXS) Recognized as IDC MarketScape Leader For Enterprise Mobility Management

Citrix Systems, Inc. (NASDAQ:CTXS) has proudly announced that it has received the honor of being recognized as an industry leader in Enterprise Mobility Management, specifically in IDC MarketScape.

The company revealed that it was named as one of the leading firms in the IDC MarketScape in an assessment revolving around Worldwide Enterprise Mobility Management Software in 2017. The IDC MarketScape used major factors such as security of mobile traffic, strong remote access control, and XenMobile integration capabilities to determine the market leaders. The report stated that XenMobile is the best suited EMM platform from Citrix when it comes to integration with desktop delivery architectures as well as other larger Xen-based applications from the company.

“Citrix has been relentlessly focused on making XenMobile deliver more than traditional EMM solutions as we recognize that customers need a complete digital workspace. This recognition from IDC illustrates the value of this investment and our commitment to making XenMobile help our customers embrace the future of work,” stated Calvin Hsu, the Vice President of Product Marketing, Desktop and Apps at Citrix.

The report also pointed out that combining the company’s services offers significant advantages in terms of costs as well as management. This applies even to customers that do not subscribe completely to the Citrix Workspace concept.

The IDC MarketScape vendor analysis model is intended to offer a synopsis or summary of the competitive strength of ICT suppliers in any particular market. It relies on a research method that involves a thorough scoring criterion that is based on quantitative and qualitative techniques. This methodology provides a single graphical representation of the position of every vendor in the market.

The IDC MarketScape also offers a meaningful and clear comparison framework for its products and services including strategies, capabilities, current and future market success factors of IT. This makes it significantly easier to compare the vendors. The framework thus provides a 360-degree assessment of the strengths and weaknesses, a system that allows technology buyers to make informed decisions.

Citrix Systems closed the latest trading session on Tuesday at 76.38 after a 0.44 percent decline compared to the value of the stock during the previous close.

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Netflix, Inc. (NASDAQ:NFLX) A Threat To Movie Theaters

The rise of Netflix, Inc. (NASDAQ:NFLX) has caused speculation that the streaming giant will cause the death of movie theaters. In the most recent quarter for instance, AMC Entertainment Holdings Inc (NYSE:AMC) missed earnings estimates by a big margin while Netflix beat estimates.

However, movie theaters are unlikely to disappear entirely as a result of Netflix. One reason for this is because of the studio payment system which big Hollywood stars are used to. In this system big stars take a low salary in exchange for a cut of the profits that the movie will generate. While Netflix is already achieving success in the making of films, the streaming provider isn’t making huge revenues from each film while big Hollywood studios are still successful in this aspect.

Cord cutting

The rise of Netflix and other video streaming services has, however, lead to the ‘cord-cutting’ phenomenon which has seen cable television operators suffer as they lose subscribers. Instead of fighting some companies have chosen to partner with Netflix. This includes Charter Communications which will make the video streaming giant available on set top boxes in a strategy that was first tried in Europe by the likes of Altice NV in France.

RCN Telecom Services is also another distributor which has embraced set-top integration. Customers of RCN who possess TiVo boxes are also allowed to access Netflix at the touch of a button. Britain’s Virgin Media is also involved in similar partnerships.

“We’re now looking at proposals for including Netflix in some services and beginning to learn the bundling part of the business. We’re interested in expanding that,” the chief executive officer of Netflix, Reed Hastings, said in a conference call after the release of financial results in July.

Mutually beneficial

The partnerships will not only be beneficial to cable operators but to Netflix as well as the video streaming firm will be able to increase its subscriber numbers especially in the U.S. Analysts have already said that the market has reached saturation levels in the U.S. while there is growth being recorded in foreign markets.

In its most recent earnings report Netflix indicated that the number of streaming customers in the U.S. was 51.92 million while the number of customers in other parts of the world was 52.03 million. When Netflix first started offering a streaming service in 2007, television providers saw it as a challenger and it is only now they are viewing it as a partner who could benefit them as well.

On Friday shares of Netflix rose by 0.58% to close at $180.27.

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Tesla Inc (NASDAQ:TSLA) Currently Averaging About 1,800 Net Reservations On A Daily Basis

The stock of Tesla Inc (NASDAQ:TSLA) closed at $347.09 after gaining 6.51% in yesterday’s trading session. Its waiting list is reportedly growing pretty fast. On Wednesday, the provider outlined that it was averaging about 1,800 net reservations every passing day for its cheaper electric car. In the previous week, an event occurred where the company was expected to hand over keys to the first 30 Model 3 vehicles.

One of the company’s executive stated, “With no advertising, paid endorsements or guerilla [sic] marketing campaigns, Model 3 net reservations have still steadily climbed every month, and have even accelerated further in recent weeks.”

As a matter of fact, the provider declined to give an update regarding the new figure of its waiting list. It was during last week’s event that Elon Musk opined that the reservation figure stood at about 500,000.

The company observes the strong demand as some sort of mixed blessing on its part as it struggles with scaling up production. These are efforts it expects to make good on deliveries for its enormous market car.

Tesla takes the strong stand of remaining on track towards hitting its production goals. It hopes to succeed at producing about 1,500 Model 3 vehicles in the upcoming third quarter thus hitting the 5,000 mark.

The provider hopes that it will be able to move faster in its efforts to get everyone’s Model 3 to them with immediate effect. Also, it has outlined that in its production ramp will be following an S-Curve. That implies that it will kick start in a slow manner and then grow exponentially after which it will tail off once full production is achieved.

It goes without saying that even without Model 3 the company’s car production seems to be growing pretty fast. The second quarter saw the provider produce about 25,708 vehicles. Reportedly, this was by 40% higher as compared to what was achieved during the same period last year.

Tesla says that it has witnessed a major boost in orders for its luxury Model S vehicles in spite of the unveiling of the cheaper model. Wallstreet had predicted a great loss. But the company posted $2.79 billion in sales for the quarter.

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Amazon.com, Inc (NASDAQ:AMZN) To Plan A Job Fair That Will See It Make A Large Number Of Full Time Hires

The stock of Amazon.com, Inc (NASDAQ:AMZN) closed at $995.89 declining 0.03% in yesterday’s trading session. The provider’s enormous facility located in Kentucky happens to be one of the several that are expected to hold a job fair Wednesday. Reportedly, the provider has plans underway to hire a large number of employees ahead of the holidays.

This company is confident that it will succeed at bringing the new employees aboard right before the other retailers take them up for the upcoming holiday shopping season. This was revealed recently by an equity analyst with CFRA Research in New York, Tuna Amobi.

Amazon is looking forward to generate thousands of job offers in only one day. It thinks of the giant job fair as a pretty transformational moment in its long business history. The warehouse in Hebron will be among the dozen warehouses that will be a part of this across the U.S.As a matter of fact, the new employees will be working on a full time basis.

In making his statement, Amobi opined, “You know usually we don’t see that many full-time employees get hired by any one company so I think it also speaks to Amazon’s strategic vision as to its underlying confidence that its business is going to continue to grow.”

Another company executive said that this would serve as the most perfect explanation as to why the provider is keeping most of the hires as full time employees. A lot of the concerned parties see it as pretty remarkable.

Amobi has had a lot to say in regards to the matter. In another instance, he outlined that the company was experiencing a shortage of workers. This added to Amazon’s rapid growth compelled the company to come up with an initiative that will see it boost its number of workers. The new workers will be quite instrumental towards helping the provider build out its capability, infrastructure and logistics.

About 40,000 of the 50,000 jobs will be on a full-time basis. Most of them are expected to count towards the provider’s recently announced objective of adding 100,000 full-time workers by the middle of next year.

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Facebook, Inc (NASDAQ:FB) undecided On Whether Or Not To Stop AI Communicating In Unfamiliar Languages

The stock of Facebook, Inc (NASDAQ:FB) closed at $169. 86 gaining 0.36% in yesterday’s trading session. Some two AI agents developed inside Facebook started off addressing each other in plain old English. However, it dawned on the researchers that they had made a few errors in the programming. But the most intriguing development lately is the fact that the two held a discussion which seemed to a lot of people as well as experts to be nonsense.

Surprisingly, it is this same discussion that was at the center-stage of a recent debate between experts. Most probably, the debate could in future ‘give birth’ to what might turn out to be the most sophisticated negotiation software on the planet

As a matter of fact, the negotiation software according to experts had learned and developed over time. What is hoped to come out of the experiment might be boosted speeds, efficiency and the kind of nuance that neither me nor you would most probably reach.

The visiting research scientist from Georgia Tech at Facebook AI Research, Dhruv Batra opines, “There was no reward to sticking to English language.”There are high expectations that the various agents will be drifting off the understandable language.They will instead come up with new code-words for themselves.”

Take for instance when someone says ‘five times.’ Eventually, you will consider it to mean that the person needs some five copies of a similar item. It goes without saying that this has a major similarity to the general way in which humans invent short-hands.

Over the ages, humans have continued to develop unique dialects for everything ranging from hunting down terrorists as Seal Team Six to trading pork bellies on the floor of the Mercantile Exchange. Most probably, a good explanation would be that humans happen to perform much better when they aren’t under pressure to conform to the normal language conventions.

Experts believe that it is high time that humans let the software do what it does without posing any form of interference. Humans might of course train bots to talk. However, learning their language might turn out to be a pretty tricky affair.

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Will Microsoft Corporation (NASDAQ:MSFT) And Alphabet Inc (NASDAQ:GOOGL) Emulate Amazon.com, Inc. (NASDAQ:AMZN) In Announcing Cloud Sales?

Amazon.com, Inc. (NASDAQ:AMZN) has proved to be a strong contender in cloud services and perhaps this might influence competitors such as Alphabet Inc (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT) to release their cloud sales data.

Amazon reported its quarterly earnings on Thursday, including the results of its cloud services. The company is the first among the major cloud players to announce its quarterly cloud results. This has raised questions as to whether Microsoft and Alphabet will soon join in the trend and in revealing the performance numbers of their cloud services. The two are the biggest competitors for Amazon but they did not reveal specific details about the performance details of their cloud services during their quarterly reports.

Amazon reports attractive cloud performance numbers

Amazon revealed in its quarterly report that it managed to secure $1.4 billion from its cloud computing service, Amazon Web Services. It marked a 42 percent improvement compared to the AWS sales achieved in the second quarter of 2016.

“That puts the division, Amazon Web Services, on track for $16 billion in revenue for this year,” stated Amazon CFO, Brian Olsavsky.

AWS operating income for the quarter was surprisingly higher than the operating income from the rest of the company’s businesses. This proves just how significant AWS has been and the massive scale that it has amassed. Meanwhile, Microsoft CEO Satya Nadella told investors that his company’s cloud service Microsoft Azure registered 97 percent growth in the fourth quarter. However, he did not go into details about how the 97 percent was achieved. This is vital considering that the company has numerous products and services operating within the cloud domain.

The same applies for Alphabet which did not reveal details about the performance of its cloud services. Cloud is already a huge market and it has a huge impact on the overall performance of the participating companies. Revealing cloud performance data would thus be significant for investors. Alphabet and Microsoft are thus facing a lot of pressure to reveal the data.

Amazon stock closed the latest trading session on Friday at $987.78 after a 3.16 percent drop from the value of the stock during the previous close.

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