Elevator Pitch

15 de July de 2019 Off By morse

Apple buys Drive.ai, showing its autonomous car project is still alive
Founded in 2015 by a group from Stanford’s AI lab, Drive.ai had made a name for itself in the self-driving vehicle space with its AI-powered software.

Huawei says it’s talking with Verizon and other US firms about royalties for using its patented tech
The company announced on Thursday that, by the end of 2018, it had been granted 87,805 patents globally. Of those, 11,152 are registered in the U.S. 

More than 10 million fake businesses are found in Google Maps
The false listings benefit the businesses, which gain more space in the browser, and also give some extra money to the technology giant, once they require that “real” companies spend more with ads. Google claims to remove the fake ones as soon as they find them

In Cannes, major brands discuss the possibility of stop investing in the “duopoly”
Executives comment that the choice for putting money in other means will come true if the large companies do not “solve their problems.” We have mentioned, in the last Morses, that a third way is rising, as well as a number of new alternatives.

It’s Data Time

  • Total spend on digital advertising will reach US$520 billion by 2023; rising from $294 billion in 2019. This is an average annual growth of 15% over the next 5 years (Juniper)
  • Amazon’s advertising revenues will reach $40 billion by 2023; a growth of 470% from its advertising revenues in 2018 (Juniper)