Deep tech back in flavour

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Out of prison, does China’s former video-streaming king Wang Xin have a second act?

Wang Xin, one of the pioneers of China’s online video-streaming market, looks to be in search of a second act as he shared his views on artificial intelligence (AI), blockchain and other topics in technology following his release from prison on Wednesday.

The controversial Chinese internet entrepreneur was handed a three-and-a-half-year prison sentence and fined 1 million yuan (US$159 million) in 2016 by the Beijing Haidian District People’s Court, which found him guilty of “distributing obscene materials for personal gain” as his online business provided easy access to pornography and various pirated content.

Separate posts by family and friends on Sina Weibo suggested that a comeback could be in store for the 38-year-old Wang, who discussed his views on the latest trends in China’s red-hot technology market at a dinner after his release.

“I firmly believe that in the near future there will be another legendary story of master Wang,” said He Xiaopeng, the co-founder and chairman of electric car start-up Xiaopeng Motors, in a Sina Weibo post on Wednesday.

Behind the great firewall, China’s internet is thriving

He described Wang as being “in good health and synchronised mind like us” as the newly freed entrepreneur discussed various hi-tech developments, such as AI, video streaming and blockchain.

In addition, He posted group photos with Wang alongside David Li Xueling, the co-founder and chairman of video-based social network YY, and Michael Yao Jinbo, the chairman and chief executive of Chinese online classifieds platform operator 58.com.

He subsequently deleted that post and photos from his Sina Weibo account. Neither Wang nor YY’s Li could be reached for comment on Thursday. Xiaopeng’s He did not reply to an inquiry made via WeChat, while calls made to 58.com’s Yao were not answered.

While Wang’s business reputation will need rehabilitation after his conviction and stint in prison, he will find a market that is fostering the development of a growing number of technology start-ups.

China’s hi-tech boom has minted a new generation of billionaires who are involved in fields like online shopping, mobile gaming or AI rather than property development or traditional financial services.

Unicorn fever seizes China as start-ups and investors seek the next big thing

The government has also encouraged increased entrepreneurship to ensure enough jobs for the world’s most populous nation, while steering the economy away from the old, foreign investment-led manufacturing model to one that is grounded in innovative, internet-related technologies.

It is a trend that supports advanced automation through such hi-tech developments as the internet of things, big data analytics, cloud computing and AI.

China’s vast population of internet users have also helped to foster a unique environment where start-ups can enjoy huge success in an unusually short period of time, according to a joint study published in September last year by Boston Consulting Group, Baidu, Didi Chuxing and Alibaba Group Holding, owner of the South China Morning Post.

Wang, a graduate of the Nanjing University of Posts and Telecommunications, founded Shenzhen-based online video service Qvod Technology Co in 2007 after working at Shanda Interactive Entertainment.

Qvod gained notoriety for peer-to-peer video-streaming platform called Kuaibo, which allowed users to watch mostly pirated video and pornography, as well as a popular desktop video-editing software.

By 2011, Qvod had a reported 80 per cent share of the video-streaming market in China and about 500 million users.

In November 2013, a coalition of the country’s biggest online video providers – including Tencent Holdings, Youku Tudou and Sohu – sued Qvod for unauthorised video sharing.

Tencent Video, iQiyi in race to lead China’s online video market

When police started investigating Wang later that year for repeated violations of copyright law and for spreading pornography online, he fled overseas and was on the run for about 110 days.

He was apprehended by Interpol in August 2014 at an unspecified country and repatriated back to the mainland, according to a Xinhua report at that time.

After Wang was charged in 2015, the police reported that most of the videos found in Qvod’s servers were pornographic content.

Three other Qvod executives were each handed prison sentences of up to three years and three months, and fined 500,000 yuan each by the Beijing court in 2016. Qvod was fined 10 million yuan.

How ‘China’s Steve Jobs’ bit off more than he could chew and saw his tech empire collapse

A report by Global Times, a government-backed newspaper, said Wang showed remorse for his actions during the trial. It quoted him as saying that “faced with the choice between social responsibility and company interests, I chose the latter”.

Qvod’s official website remains live. A post dated January 2017 on its homepage said the company has not released any new video-streaming players.

In a post dated January 27 this year, the Sina Weibo account owned by Wang’s wife, who has more than 160,000 followers, thanked Wang’s supporters ahead of his release.

It received almost 2,400 comments, with the top-voted commenter stating his belief that Wang “will stage a comeback in business”. Wang’s wife did not respond to inquiries made via Weibo.

Additional reporting by Sarah Dai

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Editorial: McCabe’s departure just creates more questions

The investigation is important because the public needs to know about the attack perpetrated on the country by Russia. Earlier this month, Twitter announced nearly 700,000 users were exposed to Russian propaganda from more than 50,000 automated accounts during the 2016 election. Meanwhile, Facebook estimated more than 300,000 users were viewing nearly 130 Russian-created events between 2015 and 2017.

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SociallyMined Signs Exclusive Deal with Israel-America Innovate Group

SociallyMined Signs Exclusive Deal with Israel-America Innovate Group SociallyMined (http://www.SociallyMined.com), announced that they have been selected to work with the new IA Innovate Group. IA Innovate is a young organization designed to strengthen ties companies with innovative technologies in Israel and the American market.

Steve Zeitchik, co-founder and Chief Innovation Officer for SociallyMined said, “We are honored to have been selected to help promote and strengthen the bridge between America and Israel, and feel that there is tremendous value for both countries to have access to the right partners.”

Zeitchik pointed out that recent studies have shown foreign investment and acquisitions in Israeli startups are hitting record highs, further validating the value and appreciation of Israeli innovation in the global arena.

Danielle Hyman, one of the original visionaries behind IA Innovate said that “when looking for an official launch for IA Innovate, SociallyMined is the obvious choice. They have historically invested resources in Israel, and while being an American company, they also have feet in the street in Israel. Their commitment and vision are consistent with our objectives. In addition, their ability to provide us with an end-to-end solution related to content production and targeted outreach with high level analytics is precisely what we are looking for, and we were amazed to find it all under one roof.”

Despite being a small country, recent studies show that in proportion to its population, Israel has the largest number of startup companies in the world. In absolute terms, Israel has the largest number of startup companies than any other country in the world, except the US.

SociallyMined, which is based in Washington DC and has offices in NY, relies on their Israeli office to create some of their technology, including most of their analytic and big data solutions, which they use for their clients around the globe in helping to track and helping influence public sentiment. They also integrate these technologies into their social media, mobile, and video solutions to make sure that client content is being placed in front of the precise audience needed.

Zeitchik added, “when we see how dramatically we move the needle on behalf of our clients, we would be remiss to not acknowledge the Israeli innovation within our solutions that helps generate our success. We are excited to share and allow others to better leverage the varied technologies created in Israel in multiple verticals and industries in the US, whether defense, healthcare, pharmaceutical, education, the investment community, or countless others, to facilitate their success as well.”

The relationship will kick off in the first quarter of 2018.

More information is available via email at info(at)sociallymined(dot)com or phone (212) 381-6082, or at info(at)iainnovate(dot)org.

About SociallyMined

SociallyMined is a boutique digital agency and advocacy firm with a creative approach to reaching the market efficiently and effectively, providing quantifiable results and reports along the way to track progress. SociallyMined services incorporate cutting-edge technologies designed for Fortune 500 brands, utilizing big data and analytics to track relevant consumer sentiment and behavior, and influencing the sentiment to direct it towards a predetermined outcome. Their analytic solutions are integrated into their other services which include influencer marketing, native advertising, mobile marketing with geofencing, interactive videos, and more, providing a customized strategic campaign for their clients generating high engagement with a relevant audience. In addition, they offer diverse traditional services which include web design, social media campaigns, and video production.

SociallyMined’s PR division offers the ability to target specific journalists and outlets (online and traditional) who have relevant interests and followers in the desired demographic. This includes generating content, identifying the potential audience, pushing out the content to them, and engaging them in creating a community for a brand that can then be retargeted repeatedly as the brand grows – all while providing reports to track impact.

The SociallyMined team is comprised of industry leaders with experience dealing directly with brands, political candidates, non-profits, individuals, and governments. SociallyMined ensures a message is being heard by those influencers and decision makers that can affect change and make an impact for brands, issue-advocacy, and individual campaigns.

SociallyMined was founded in 2016 by Matthew Anthes, Steve Denis, and Steve Zeitchik; they maintain offices in Washington DC, New York, and Tel Aviv.

For more information on SociallyMined please contact SociallyMined Public Relations via email at info@sociallymined.com or phone (212) 381-6082. You can also visit http://www.SociallyMined.com and follow @SociallyMined on Twitter.

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Amaravati to be headquarters of IUIH Medicity in the country

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Russian military admits significant cyber-war effort

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Big data, IoT in engineering course from next year

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Science & technology department to take 50000 girls under its wing

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Twitter Pushes Premium APIs To Developers

Twitter on Tuesday debuted what it is calling “premium APIs.”

For a fee, the service is designed for small- to medium-sized developers interested in adding morepremium features to their apps.

A new historical search feature, for instance, is offering developers access to tweets tweeted over the past month. In time, Twitter hopes to extend the scopeof this new feature to encompass its entire historical database of tweets.

More broadly, “the new premium APIs bring the reliability and stability of our enterprise APIs to our broaderdeveloper ecosystem,” Adam Tornes, a senior product manager at Twitter, notes in a new blog post.

As for price, Tornes is promising “flexible”month-to-month contracts, and scaled tiers of access based on the number of requests Twitter recieves. For now, pricing for elevated tiers of the Search Tweets API starts at $149 a month.

Twitter is also introducing a new self-serve developer portal, which should give developers more transparent access to their data usage.

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Lately, the social giant has been catering tomid-level developers and publishers.

Earlier this month, Twitter rolled out a Promote Mode service, which — for a flat monthly fee of $99 — is designed to help small businesses andaspiring influencers run ad campaigns on the platform.

Along with a healthy bump in monthly users, Twitter reported better-than-expect third-quarter sales last month. While quarterly revenueof $590 million was down 4% year-over-year, it was still better than what analysts had predicted.

From the second quarter of the year to the third, average monthly active users(MAUs) were up 4% to 330 million, while daily active users (DAUs) were up 14%, year-over-year.

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Facebook, Google and Twitter admit large-scale Russian infiltration

In his response, Stretch said that the currency transactions were “a signal we should have been alert to,” but would not commit Facebook to prohibiting the purchase of political advertising in foreign currencies.

“I can tell you that we’re not going to permit political advertising by foreign actors,” Stretch said. “The reason I’m hesitating on foreign currency is that it’s relatively easy for bad actors to switch currency. It’s a signal, but it’s not enough — we have to sweep more broadly.”

Sen. Richard Burr, R-N.C., the chairman of the Senate committee, noted one particularly striking contrast where Russian-linked Facebook accounts sought to organize dueling rallies in Texas. One of the pages, called Heart of Texas, purchased an ad to protest “the Islamization of Texas” by directing people to assemble outside the Islamic Center of Houston. Another Russian-controlled page, called United Muslims of America, put together another event in the same location.

In his questioning of the witnesses, Sen. Marco Rubio, R-Fla., noted that the three companies only seemed to be banning accounts that misrepresented their owners’ identities, meaning that open attempts on the part of Russia or any other country to spread propaganda to Americans would likely be permissible on most social media services.

“We don’t have state-sponsored manipulation of elections as one of our rules,” Twitter’s Chief Attorney Sean Edgett, said. “The other rules, like [a ban on] inflammatory ad content, would take down most of these posts, but we don’t outright ban it.”

Twitter has been more aggressive than Facebook and Google in that it has now banned Sputnik News and RT, websites that are openly owned by the Russian government, from purchasing advertising on its platform. Twitter’s reaction may have been an attempt to get ahead of disclosures that it offered RT the chance to purchase 15 percent of the advertisements the microblogging service was planning to sell in the general election.

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