Tag Archives: request

GoPro Rockets After Hiring Key Apple Designer

GoPro ( GPRO ) stock soared Wednesday after the action camera maker hired a key designer from Apple ( AAPL ). GoPro shares were up 20% to near 14 in late-afternoon trading on the stock market today . The San Mateo, Calif.-based company hired Danny Coster as vice president of design, effective at the end of April. He will report to GoPro CEO and founder Nick Woodman. Coster was a core member of Apple’s elite industrial design team for more than 20 years. His work can be seen on products ranging from the iPhone 4 to the iPad wireless keyboard. He holds more than 500 design patents and several utility patents. Coster will work on all aspects of design at GoPro, including hardware, software and services. GoPro says that Coster aims to improve the GoPro user experience from end to end. “I’m honored to join the GoPro team,” Coster said in a statement . “This extraordinary company is close to the hearts of so many people around the world. Its brand and products inspire us to capture and share our lives’ most important moments.” His hiring comes at a critical time for GoPro, which is seeing demand flag for its action cameras. To spur sales, the company is expected to launch a quadcopter “flying camera” and 360-degree video cameras. Even with Wednesday’s jump, GoPro stock is down more than 20% in 2016.

Apple Faces ‘Existential Threat’ From Messenger Bots

Apple ‘s ( AAPL ) strength in mobile devices is due largely to its app store platform, but the company faces an “existential threat” from software bots that could replace apps, UBS analyst Steven Milunovich said Wednesday. Apple’s App Store leads the $50 billion app economy and has been critical to the company’s success, Milunovich said in a research report. However, software bots that automate tasks could take on many of the roles that apps now provide, he said. Bots mostly reside in messaging apps, providing apps within apps, Milunovich said. “In China, WeChat provides high functionality, such as paying bills, hailing a cab and checking into flights through apps within apps,” he said. “ Facebook ( FB ) just announced the Messenger Bot Store, a bot platform that allows businesses to interact with consumers.” At Facebook’s annual developer conference in San Francisco on Tuesday, Facebook CEO Mark Zuckerberg showed how third parties can build chat bots into its Messenger service. He demonstrated a chat bot from 1-800-Flowers.com ( FLWS ) that could carry on a conversation with a customer who wanted to order flowers. Last month, Microsoft ( MSFT ) CEO Satya Nadella called chat bots the next big thing after apps and said that his company is aggressively investing in the technology. Chat bots offer a “more natural (way) for people to get things done” instead of having a separate app for each task. Chat bots use artificial intelligence to interact with people and complete tasks. Milunovich maintained his buy rating on Apple with a 12-month price target of 120. Apple stock was up 1.5% in late-afternoon trading in the stock market today , near 112.

Twitter Yanking More Terrorist Accounts, But ISIS Opening New Ones

Despite crackdowns by Twitter ( TWTR ), Facebook ( FB ) and Alphabet ( GOOGL )-owned YouTube on Islamic State material on social media sites, ISIS supporters are opening new accounts nearly as quickly as gatekeepers can yank them down, according to a story in the Wall Street Journal on Wednesday. Twitter, which ramped up its anti-terror fight last summer, removed more than 26,000 suspected pro-Islamic State accounts in March, nearly four times the number erased in September, according to an analysis the WSJ said was conducted for the newspaper by Recorded Future, a threat-intelligence firm. ISIS supporters established more than 21,000 Twitter accounts in March, compared with about 7,000 in September, the analysis found. Twitter has 320 million active users worldwide, and new accounts can be created without using a real name. Twitter said in a statement on its website  this year that it condemned “the use of Twitter to promote terrorism,” saying it had deleted 125,000 accounts since mid-2015 for threatening or promoting terrorist acts. As a result, the company said, it had seen “this type of activity shifting off Twitter.” The WSJ said that Islamic State operatives mocked the Twitter announcement, sending their own message: A tweet of a bullet-riddled version of the company’s bluebird logo. Companies such CtrlSec are drawing “online hunters around the world to watch for suspected terrorists on social media and other parts of the Web,” said the newspaper’s report. Over the past year, the WSJ said CtrlSec reported identifying about 120,000 Twitter accounts linked to ISIS, including hundreds linked to Islamic State operative Abu al-Walid. At least three of his accounts were reported and deleted on the day of the terror attacks in Brussels, Belgium in March that killed 32 people, the WSJ said. Facebook “Zero Tolerance For Terrorists” President Obama addressed the nation in December after the San Bernardino, Calif., terrorist attack and urged high-tech and law enforcement leaders “to make it harder for terrorists to use technology to escape justice.” After Obama’s speech — which did not name specific companies — Facebook said it “has zero tolerance for terrorists.” The president called the California shooting an act of terrorism that appeared to be inspired, but not directed, by members of the Islamic State in Iraq and Syria, or ISIS. His address came as the killings in Paris in November and in California in December raised concerns that the U.S. and other countries aren’t doing enough to prevent terror attacks. Investigators have said one of the shooters in San Bernardino, Calif., Tashfeen Malik, used a Facebook alias to pledge her allegiance to an Islamic State leader. Facebook said it had removed a profile page linked to one of two people who opened fire in San Bernardino. In a statement to IBD in December, Facebook said, “We share the government’s goal of keeping terrorist content off our site. Facebook has zero tolerance for terrorists, terror propaganda or the praising of terror activity, and we work aggressively to remove it as soon as we become aware of it. If we become aware of a threat of imminent harm or a planned terror attack, our terms permit us to provide that information to law enforcement, and we do.” Twitter stock was up 4% in afternoon trading in the  stock market today , while Facebook stock was down 1.5%.