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|By Ina Fried ·Sep 27, 2018|
One more plug for this: Tomorrow at 8 a.m. in D.C., join Axios' Mike Allen for conversations on the future of global competition in the age of 5G. He'll be interviewing two of the world's top antitrust officials: European Commissioner for Competition Margrethe Vestager and DOJ Assistant Attorney General Makan Delrahim. RSVP here.
|1 big thing: Founders keep piling on Facebook|
Facebook CEO Mark Zuckerberg. Photo: Alex Wong/Getty Images
First it was the Instagram co-founders leaving. Now WhatsApp co-founder Brian Acton is taking fresh aim at the social network he sold his company to in 2014 for $22 billion.
In an interview with Forbes, Acton provided his first detailed comments since encouraging people to delete Facebook in a March tweet. Acton left Facebook in 2017, and his WhatsApp co-founder, Jan Koum, left earlier this year.
Why it matters: The dramatic back-and-forth underscores the disconnect between Facebook’s leaders and the founders of WhatsApp and Instagram as those apps buoyed the company in the face of stagnant growth on its original platform.
The details: Here's some of what Acton had to say...
If Acton needed an Exhibit A, it arrived in a Gizmodo story that reported Facebook was using the phone numbers users provide for two-factor authentication to target ads at them.
What they're saying: Acton's comments, meanwhile, provoked a host of reactions, including a strong rebuke from Facebook's David Marcus, who stressed he was speaking for himself, not the company:
“Lastly — call me old fashioned. But I find attacking the people and company that made you a billionaire, and went to an unprecedented extent to shield and accommodate you for years, low-class. It’s actually a whole new standard of low-class.”
Andreessen Horowitz' Benedict Evans offered a similar criticism:
"This is just a thought, but maybe if you don’t want your product to have ads, don’t sell it to an ad company, or find a way to make it worth the ~$18bn they paid without taking ads, or both."
Our thought bubble: Yes, all the sniping between members of Silicon Valley's wealthy founder class is entertaining. But the disagreements underscore the discord growing within Facebook's key acquisitions right when the company needs them most.
|2. Oculus debuts powerful portable VR headset|
While Facebook took a number of hits Wednesday, its Oculus unit made a big step forward. At its developer conference in San Jose, Oculus unveiled its Oculus Quest headset, a mobile VR headset that offers high-end features similar to the Rift but, like Oculus Go, doesn't need to be tethered to a PC.
Also: Oculus announced new titles coming for the Rift and new features for Oculus Go, including support for YouTube VR and the ability to mirror video to a nearby TV.
Why it matters: The VR industry has struggled to take off beyond hard-core gamers. Oculus Quest offers another opportunity to strike the right balance of price, convenience and features.
|3. Tech companies want privacy rules on their terms|
Sen. John Thune is spearheading a push for privacy legislation. Photo: Aaron P. Bernstein/Getty Images
While major tech and telecom companies told lawmakers Wednesday that they generally support federal privacy rules, they aren't ready to embrace some of the most significant policy changes backed by privacy advocates.
At a Senate Commerce Committee hearing, witnesses from companies including Google, Apple and AT&T expressed reservations about some particularly strong steps lawmakers could take to ensure user data privacy.
Why it matters: Companies are drawing lines in the sand for lawmakers who are under pressure to produce something, thanks to new privacy rules in Europe and a California privacy law that will go into effect in 2020.
What's next: “I think we might have a pretty good idea what a draft would look like [by the end of the year], but I suspect we probably wouldn’t get it acted on until next year," Commerce Chairman John Thune said.
Go deeper: Axios' David McCabe has more on the hearing here.
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|5G will build a new critical infrastructure for America|
|The 5G network will form a new critical infrastructure for a fully connected society. Cities will become smarter and machines will speak with machines, enabling remote medical monitoring, intelligent factories and hyper-efficient power grids. Learn about 5G use cases.|
|4. Masa Son sees more Vision Funds ahead|
Softbank chief Masayoshi Son tells Bloomberg Businessweek he plans to raise a fresh $100 billion fund every two to three years and to spend around $50 billion a year.
By way of comparison, the Bloomberg article points out that the entire U.S. venture capital industry invested around $75 billion in 2106, per the National Venture Capital Association.
Why it matters: Softbank's Vision Fund has already reshaped the tech industry, inspiring other investors to up their aspirations and fueling a wave of ever more cash-hungry startups.
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As a huge fan of women's hockey and love, this story warms my heart.
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|America’s 5G future needs mid-band “Goldilocks” Spectrum|
|Mid-band wireless spectrum for 5G is vital to provide higher data rates over larger areas. Learn what policymakers can do to accelerate U.S. 5G leadership today.|
welcome to digital silk road plus 6 youth Belt Road Maps ... Changing Education - the most exciting times to parent or grow up sustainably. Our old versions: EW , AU ...how can web maximise sme value and job creating education? -help welcomed in compiling top 100 alumni networks of alibabauni.com -UNited fintech & edutech & 17 goals-- notes on china's greatest educators ggv podcast limebike.. sinica -notes who's helping jos number 1 educator? Kenyann, Bangla girls Tsinghua, olympians-for-all, IR4-forhumans - rsvp email@example.com
|official alibaba (also notable apps - eg missing children )|
*taobao university up to 100 million alumni in China - received training on how to taobao; as of 2017 established 1311 taobao e-commerce villages
*Damo Academy 1 2 started with 15 billion dollar investment by jack ma's as intercity top notch research on humanising livelihood advantages of major components of Industrial Rev 4 such as AI, blockchain, internet of things .. related IR4 at world economic forum: san francisco hub; wef summer china summoit
*gateway17 ma's 3000 citizens and leaders one day masterclass in ecommerce
*ma's personal mentoring (aka efounders) of first 100 entrepreneur chorts chosen with unctad and developing nations that have asked jack ma to help
+Aliresearch 1 tsinghua alumni network of Ying Lowrey's SME curriculum aligned to AliBaba model
Podcast Ant Finance
*hong kong 100 million dollar youth entrepreneur fund: AI webs 1 2 : Jumpstarter competition.-see also hk youth entreprenur curricula YFS & MIT -- taiwan ma entrepreneur fund
*alibaba entrepreneur fund
*poverty funds 1 :: blockchain research china poverty association 1 - alibaba 0.3 revenue to green foundation 1
|Breaking news 1 from |
jack ma- when i first studied (e)commerce in states i was surprised to find that each market was dominated by 2 or 3 manufacturers- i decided to design china ecommerce to maxise small enterprise suppliers and local jobs
.ying lowrey is tsinghua's professor of small enterprises- her book alibaba way is eyeopening:
foreword by nobel economist edmund phelps, columbia....Alibaba uses information technology to enable mass innovation to flourish.and to improve the lives of the people
related tsinghua - innovation events
lowrey beijing coorindtaor of aliresearch whose dean at hq is Hongbing Gao
|.partners of ma &|
*jack ma chairs cen 1- 2 = china's 50 most respomnsible businessmen - search curricula funds etc - location close to tsingua beijng
example founder of shanghai conglomerate fosun actively celebrates CEN, and partners in one of Jack Ma's universities at hangzhou and supports new york greatest yoth-led arts movement singforhope.com
co-sponsor: wise@beijing: Zhejiang Zhipu Foundation Founded by the six founding members of Alibaba Group, Zhejiang Zhipu Foundation supports rural education and promotes healthy and sustainable relationship between human and the society, as well as between human and the nature.
|Guterres UN Digital Cooperation Panel #DigitalCooperation|
|...||the wicked problem of missing curricula youth most need- as jack says this is a huge problem; correspondenmce case posted may 2018: moreover we have atended many world bank youth summits where missing curricula have been pitched and everyone cheered the value but getiing each different nation to newly cetrtify suc new learning is a fools erand|
-here part of a specific example- do you know a missing peer to peer curricula that needs similar linking in
I am staying at brac in bangaldesh my favorite girls education network in the world as well as largest ngo in wortld and partnership networkwe will see dean of james grant school of public health at brac university tomorrow- do you still have any message you wanted passed to brac about the peer to peer adolescent health program you and lancet have been building? we are mainly working with brac's overall education director as specified directly by sir fazle abed when i met him in qatar 2017 - sir fazle kindly gave a lot of his time to remembrance parties of my dad norman macrae at the japan embassy in dhaka in 2012more generally brac and jack ma started fin tech partnership earlier this month with brac's BkashSMS in bangladesh but for s asia (the whole 2 billion of china's neigbors particularly poorest girls on china south and south westren borders), for sustainabiliuty generation to scale and gain from these 2 superstars we believe partnering relations will broaden into looking at skills education ; we will be trying to form team both on bangladesh and china side to monitor this however fast or slow it goesmostofa has been working on bangladesh side for very long time- he also worked with modjtabia sadria then at aga khan in london while they were in london at time muhammad yunus was at his social business peak ; i believe modjtabia is now back in iran after some years with paul at monash? ( i didnt get to pauls grn summit in jordan 2006; i believe sadria did; i note that jack ma just made donation to queen of jordans education fund)
we are trying to invite any university student to form a club to see where is the nexus between what students most want to study practically and training that sir fazle and jack ma could mooc or otherwise maximally distribute to benefit livelihoods- togther the names of jack ma and sir fazle can be a top 100 web and top 1 web for open action learning- in branding terms this is easy as long as we quickly get all best friends of ma and abed signed up at one launch summit blessed by china and on the road to ma's sponsorship of huge expo at tokyo olympics
after 8 visits to beijing i am reasonably confident that we can get as much additional support as we want from tsinghua university in beijing (over there they know thgere are half a billion undre 30s and that china cant afford any youth left legless by mismatch between jobs and what colleges like examining-- ) additionally tsinghua with aiib is heavily into belt road pitches to india this year so education can be 2 for 1 so to speak
as long as both jack ma and sir fazle have approved a subject area as being one that needs development in this type 2 pee to peer or apprentice mode i believe we can help scale missing curricula
as you think you know i first met pauil komesdroff in 2004- i love everything he was trying to create volunteer expereinces abroad around monash and medics and cultural/arts translators;I hope we can find the right way to linkin monash as this idea gains momentum
coming soon at wechatuni : difficult questions like what happens when ai or robotic intelligence is inside your phone?