Tuesday, October 31, 2017
Tech executives head to US Congress under harsh spotlight
WASHINGTON – Facebook Inc, Twitter Inc and Alphabet Inc’s Google head before US lawmakers on Tuesday for two days of grueling hearings on how Russia allegedly used their services to try to sway the 2016 US election.
At stake for the Silicon Valley companies are their public images and the threat of tougher advertising regulations in the United States, where the technology sector has grown accustomed to light treatment from the government.
Facebook, the world’s largest social network, added fuel to the debate on Monday when it told Congress in written testimony that 126 million Americans may have seen politically divisive posts that originated in Russia under fake names.
That is in addition to 3,000 US political ads that Facebook says Russians bought on its platform.
Google and Twitter have also said that people in Russia used their services to spread messages in the run-up to last year’s US presidential election.
The Russian government has denied it intended to influence the election, in which President Donald Trump, a Republican, defeated Democrat Hillary Clinton.
US lawmakers have responded angrily to the idea of foreign meddling, introducing legislation to require online platforms to say who is running election ads and what audiences are targeted.
“The companies need to get ahead of the curve here,” said James Lewis, senior vice president of the Washington-based Center for Strategic and International Studies. If they can, he added, they might avoid regulation.
Lewis, speaking during the Reuters Cyber Summit in Washington, said he expects European officials to watch the US hearings closely.
The US Senate’s crime subcommittee will be the first of three committees to hold hearings on Russia. Its hearing is set for 2:30 p.m. ET (1830 GMT).
Facebook and Twitter are dispatching their general counsels, Colin Stretch and Sean Edgett, to appear before the subcommittee, while Google is sending its director of law enforcement and information security, Richard Salgado.
“Our goal is to bring people closer together; what we saw from these actors was an insidious attempt to drive people apart. And we’re determined to prevent it from happening again,” Stretch will tell lawmakers, according to an advance copy of his remarks.
Facebook and Twitter have taken steps toward self-regulation, saying they would create their own public archives of election-related ads and also apply more specific labels to such ads.
Google followed on Monday, saying it would create a database of election ads including ones on YouTube.
The companies have meanwhile disclosed new details about the extent of Russia-based material, raising alarms about a sector that once inspired idealism.
“The internet was seen as a great engine for promoting democracy and transparency. Now we are all discovering that it can also be a tool for hijacking democracy,” said Karen Kornbluh, a senior fellow for digital policy at the Council on Foreign Relations.
source: interaksyon.com
Friday, July 1, 2016
New version of Android crowned ‘Nougat’
SAN FRANCSICO, California — Google’s newest mobile operating system will be called Nougat, continuing a tradition of naming Android software after sweet treats, the tech giant said Thursday.
Google had invited people to send in suggestions at its annual developers conference in May, and revealed the winning Android name at a playful ceremony at its campus in the Silicon Valley city of Mountain View.
Nutella was thought to be a favorite, but Nougat won the day.
Google shared the event in a Twitter message tagged #AndroidNougat and containing a looped snippet of video of the undraping of an Android statue standing atop giant nougat and nut bars.
The technology giant has been letting developers work with the new mobile operating system, which is expected to be released later this year.
Alphabet-owned Google’s Android operating software is a computing phenomenon that powers the vast majority of smartphones sold across the world.
There were 1.16 billion smartphones shipped in 2015 that are powered by Android, according to research group Gartner. That accounted for 82 percent of the market, dwarfing the 225.85 million for Apple’s iOS.
Cupcake, the first version of the operating software to carry the name of an enticing desert, was released in 2009.
It was followed by Donut, Eclair, Froyo, Gingerbread, Honeycomb, Ice Cream Sandwich, Jelly Bean, KitKat, Lollipop and current-generation Marshmallow.
source: interaksyon.com
Monday, June 13, 2016
Tech, beauty intersect in Silicon Valley
SAN FRANCISCO, California — The beauty industry has long relied on creating a sense of mystery, magic even, around its creams, powders and potions. But now it has something else up its sleeve: high technology.
French cosmetics giant L’Oreal has opened a “tech incubator” employing two dozen people in San Francisco and elsewhere seeking ways to use big data and algorithms to win the hearts and minds of customers.
It may involve analyzing large data sets to find the right color for nail polish, or patches that measure absorption of ultraviolet radiation — or using technology to spot emerging beauty trends ahead of the curve.
The French group is hoping that Silicon Valley’s talents can help it improve its products and connect better with customers.
Guive Balooch, who heads the San Francisco incubator, said he sees how these kinds of analytics and other technologies can help improve beauty products.
One of the innovations from the team has resulted in the L’Oreal Lancome brand developing an individualized makeup foundation, known as “Le Teint Particulier.”
This system, now used in some retail outlets, scans a person’s skin and uses an algorithm that designs a custom-blended product based on skin tone. The system was developed by California startup Sayuki, which L’Oreal bought in 2014.
L’Oreal’s team also created the Makeup Genius application which uses virtual reality to allow people to try various makeup schemes on their smartphone. It has been downloaded some 20 million times.
The cosmetics giant also worked with California Organovo for “bioprinting,” creating three-dimensional human tissue to test its cosmetics and pharmaceuticals, and with PCH Lime Lab, a San Francisco design and engineering firm on the patch that sticks to one’s skin and changes color with exposure to sun rays.
Hair tech
The L’Oreal team also hopes one day to have a Genius app on hair color, which could help another key product line, if it can overcome technical challenges.
“Hair color is very complex, because you have 100,000 fibers on average in your hair, on your head, and they’re all moving in different directions,” Balooch said.
L’Oreal wants to stay on top of trends, and the data analytics team can play an important role, says Balooch.
“We do know from anonymous data what colors people are trying all around the world, we know what products they’re trying, we know how long they’re using them before trying something else,” Balooch said.
Being aware of new trends is also critical for marketing efforts. L’Oreal is working with Google, with whom it has an online advertising deal, to help better understand fashion trends by studying search queries.
This could allow L’Oreal to place ads better based on keywords, according to its digital strategist Axel Adida.
Adida said it is important “to be on point with the latest fashion that comes up on the street.”
“The thing which is very cool when you work with Google, it’s a sort of beauty insight center,” he added.
“So the things that come up and that pop up as a novelty, the new fashion and beauty, a lot of it is being searched very early. You see little things moving in the trends — and you end up with something as big as smoky eyes.”
source: interaksyon.com
Wednesday, January 27, 2016
Sony moves PlayStation business to Silicon Valley
SAN FRANCISCO, California — Sony announced Tuesday it is moving its PlayStation business to Silicon Valley and consolidating its game console offerings under one roof.
The Japanese entertainment and consumer electronics giant said that as of April, its PlayStation hardware, software and online businesses will be unified in a new company called Sony Interactive Entertainment.
The freshly formed company will bring together Sony Computer Entertainment and Sony Network Entertainment International and be based in the northern California city of San Mateo.
“By integrating the strengths of PlayStation’s hardware, software, content and network operations, SIE will become an even stronger entity, with a clear objective to further accelerate the growth of the PlayStation business,” said Sony Computer Entertainment global chief executive Andrew House.
Units being consolidated include the one working on virtual reality head gear synched to PlayStation and the teams handling streaming music, television and online game play.
PlayStation consoles have been a bright spot for Sony, with the latest generation far outselling rival Xbox One and Wii U consoles fielded by Microsoft and Nintendo, respectively.
PlayStation 4 has seen the fastest and strongest adoption since the first generation of the video game console was introduced in late 1994, according to Sony Computer Entertainment (SCE).
Some 30.2 million PS4 consoles were sold worldwide as of November 22, SCE announced late last year.
PS4 and Xbox One were both released in 2013.
SCE was established in late 1993 and released the first PlayStation video game system in Japan a year later.
,
source: interaksyon.com
Thursday, November 12, 2015
Silicon Valley startup Lytro offers immersive VR camera with higher definition
SAN FRANCISCO, California — A startup based in Silicon Valley has unveiled a new virtual reality (VR) camera that uses hundreds of tiny lenses and image sensors to provide life-like presence for live action.
Lytro, based in Mountain View of North California, said the new hardware, named Lytro Immerge, is the world’s first professional light field solution for cinematic VR with four times more definition than regular high resolution (HD) cameras.
“It is the perfect technology for VR and it will be a game-changer, because it allows the user to have an immersive experience, instead of the flat experience other VR cameras provide,” Ariel Braunstein, chief officer of product (COP) at Lytro, told Xinhua.
Light field technology was first developed by the company for regular photo cameras in 2006, as it was founded that year by Executive Chairman Ren Ng, whose doctoral research on light field imaging won Stanford University’s prize for best thesis in computer science.
It uses sensors to capture each individual ray of light in the image, its color and its focal point, allowing for 3D viewing.
Braunstein said other VR equipment on the market relies mainly on small HD cameras mounted on a sphere to provide a 360-degree all-around feeling. “It’s a flat feeling, and it makes people nauseated, because live action video doesn’t behave inside the gear like computer graphics, which give users the sense of motion.”
Light field mimics the real flow of light. And Lytro Immerge does this by attaching hundreds of tiny cameras to five circles on top of a tripod. Lytro claims that the whole experience of the new VR camera comes along with a production system that includes a server, uploading and streaming to the cloud, editing tools and an application, or app, to use VR headsets.
Plus, the camera is controlled via a smarthphone app, where users can view and adjust any settings remotely.
Given the recent popularity of VR headsets, Lytro Immerge aims to get ahead of the market and become the primary content creation tool for VR.
It comes with a hefty price tag, though Lytro expects that its demand will be in rental, once it is released in the first quarter of 2016. “It will probably cost a few thousand dollars an hour to rent it, but it comes with an end-to-end production system, not just the camera,” the company’s COP said.
Developers believe that their main clients will be Hollywood studios or VR production companies, not consumers.
source: interaksyon.com
Tuesday, March 11, 2014
First Pacific to set up shop in Silicon Valley: 'We need to tap into ecosystem of innovation' - MVP
First Pacific Managing Director Manuel V. Pangilinan on Monday evening (Tuesday morning in Manila) told an audience at Stanford University in Palo Alto, California, that the conglomerate will set up an office in Silicon Valley to help spur a more competitive culture in an economic era defined by companies' ability to innovate.
Pangilinan said the office, likely to be set up in San Francisco, expresses how "crucial and necessary" it has become for their members to immerse in the ecosystem of Silicon Valley, and to network with companies, from start-ups to giants in the tech industry, all on the cutting edge of the new economy.
"The Philippines is so far behind in innovation," he said.
Pangilinan has gathered First Pacific's top executives in a summit in Palo Alto this week, lining up presentations and meetings with a broad range of Silicon Valley experts and institutions, leading to what they hope to be a bold move to make each part and whole more innovative and competitive.
Edward Tortorici, executive director of the Hong Kong-listed First Pacific, took part in a panel that followed Pangilinan's address to the Stanford students, and said, "our theme in these workshops is: 'Disrupt or be disrupted. Be the wolf or be the sheep.'"
Pangilinan shared that, "just on our first day here, we were told: What if Yahoo looks at the telco business? What if Google goes into energy?"
First Pacific's portfolio across Asia is bannered by dominant Philippine IT-telcos PLDT, Smart, and Sun, but it is also heavily invested in infrastructure (Metro Pacific), energy (Meralco), water (Maynilad), food and agriculture (Indofood and Roxas Holdings), and mining (Philex). It also owns or manages eight hospitals and has upped its play in mass media, controlling TV5, its online news portal InterAksyon.com, satellite-cable provider Cignal, and, most recently, the country's top business newspaper, BusinessWorld.
In all, Pangilinan said First Pacific's total value of listed assets rounds out to $38.6 billion.
Though the conglomerate's executives run companies that mostly dominate their respective sectors in the Philippines and/or Asia, all were candid in acknowledging room for change in its processes and culture.
Smart's Orlando Vea said: "Sixty percent of our workers are Generation Y. Only 3 percent of our management is Generation Y. Change must start with us."
Vea took his turn to address the Stanford audience with a litany of needs for a more innovative and adaptive group. "We need hardware and software engineers. We need help in big data, analytics, business intelligence," he said. "And we also need people who know and understand Design Thinking."
Tortorici said the office in San Francisco will initially serve "as a listening post", a representative desk that can help network with Silicon Valley individuals and groups while also capturing and relaying innovations – whether products or processes – to the larger operations in the Philippines and Southeast Asia.
Pangilinan said the office may be up as early as April. They have scouted space right at the building of the Philippine Consulate in San Francisco he said. The unit will likely be set up, and initially led, by Earl Valencia, president of the IdeaSpace Foundation also set up by the MVP group.
IdeaSpace was seeded and operates in the Philippines, with a base embedded with First Pacific and Metro Pacific headquarters in Makati. It runs "innovation labs" and competitions annually, functioning as the group's "incubator and accelerator" where potential startups can pitch, and promising ideas can be leveraged off the network and operations of all member companies.
But having such an operation in Manila is not enough, Pangilinan said they are quickly realizing. "We need to be tapped into Silicon Valley. From (venture capitalists) to incubators to the biggest players, this has a complete ecosystem that we do not have in the Philippines."
Pangilinan said he envisions a "mix" of workers and talent to be recruited from the Philippines, and Silicon Valley itself, and then a two-way exchange of ideas between San Francisco and Asia.
First Pacific will remain focused on Southeast Asia, its leaders said, but even in its region and home turf, it will need to directly imbibe whatever it can of the culture of the Valley.
source: interaksyon.com
Wednesday, September 11, 2013
Apple unveils two new iPhones
CUPERTINO, California — Apple on Tuesday unveiled two new iPhones, fielding a slick new top-end model along with one aimed at budget-conscious smartphone shoppers around the world.
“The business has become so large that this year we are going to replace the iPhone 5 and we are going to replace it with two new designs,” Apple chief Tim Cook announced at the company’s Silicon Valley headquarters.
Apple will begin taking orders on Friday, and on September 20 the two devices will go on sale in the United States, Australia, Britain, China, France, Germany, Japan and Singapore.
The iPhone 5C is part of Apple’s bid to counter the flood of low-cost smartphones from rivals, most of which use the Google Android operating system.
Apple designer Jony Ive said that despite the lower cost, the polycarbonate iPhone 5C with a steel frame “is beautiful.”
The iPhone 5C with 16 gigabytes of memory will start at $99 with a two-year US carrier contract and $549 without a contract — $100 less than previous iPhone base models.
“The 5C is a no-compromise device,” Gartner analyst Van Baker told AFP after trying out Apple’s new phones. “It is just in a plastic case instead of a metal case, and they basically reduce the price by the cost of materials.”
But Baker said it was an “open question” whether the price cut for the iPhone 5C would be enough to attract customers in emerging markets.
“Anyone expecting Apple to come truly down-market with the iPhone 5C was fooling themselves,” said Ovum analyst Tony Cripps.
“The day that happens is the day the company signals that it has run out of headroom for expansion.”
Apple would not name its China telecom launch partners, who might step in with subsidies to help push down iPhone prices there. Apple planned a separate press event in China on Wednesday.
The top-line iPhone 5S, which starts at $199 with a contract for US buyers and $649 without one, “is the most forward thinking phone we have ever created,” said Apple vice president Phil Schiller.
“It is the gold standard in smartphones.”
Schiller said the 5S model includes a speedier chip which puts computing performance on par with desktop machines.
“It has over a billion transistors in it,” he said, adding that the device will be a mobile game lover’s delight with blazing smooth, rich graphics.
The 5S will also have some 10 hours of talk time, or 40 hours of music listening, Schiller added.
Apple introduced a fingerprint sensor for the iPhone 5S as a new security measure in place of passwords.
“You can just press the home button to unlock your phone,” Schiller said. “You can use it to authenticate iTunes purchases.”
Schiller added: “We have so much of our personal data on these devices, and they are with us almost everyplace we go, so we have to protect them.”
Reticle Research principle analyst Ross Rubin described Touch ID as a “show stealer” that addresses “a necessary annoyance that many consumers have to deal with many times a day.”
Apple also broadened its color palette, announcing the low-cost phone in blue, white, pink, yellow and green, and the top-line model in silver, gold and a new “space gray.”
Apple said its iOS 7 software will debut September 18. It includes a free iTunes Radio Service featuring more than 200 stations “and an incredible catalog of music from the iTunes Store.”
The two new handsets keep the four-inch screen of current iPhones, despite some speculation Apple would boost the size to compete with larger phones from rivals like Samsung.
The smartphone market is now dominated by Android devices, with roughly three-fourths of all handsets, but a forecast by research firm IDC suggested Apple will increase its share this year to 17.9 percent from 16.9 percent.
IDC analyst Ramon Llamas said that with the 5C, “Apple is staking out its space in the lower-cost smartphone category.”
Llamas said Apple is seeking to fend off lower-priced rivals while “it enjoys bigger profit margins and still maintains the aura of being an aspirational brand.”
The event was a disappointment to some who were looking for a fresh device from Apple, such as a smartwatch or TV service.
“I think there was an expectation for that ‘one more thing,’” said Roger Kay at Endpoint Technologies. “People were looking for some pizzazz and they didn’t get it.”
Apple announced separately a deal with Japan’s biggest mobile phone carrier NTT DoCoMo to bring the two new iPhones to that country.
source: interaksyon.com
Saturday, March 2, 2013
Smart watches gain interest and popularity
PALO ALTO, California (AP) — On a sunny day at a picnic table in Silicon Valley, Eric Migicovsky glanced down at his wristwatch. He wasn't checking the time, he was checking his email. Glancing up, he grinned. The message was from yet another journalist.
In this corner of a world obsessed with the latest tech gadget, Migicovsky is this week's hotshot as his start-up company rolls out its new, high-tech Pebble smart watches. The $150, postage stamp-sized computer on a band is tethered wirelessly to a wearer's Android or iPhone.
With hands truly free, wearers can also read texts, see who is calling them, scan Twitter or Facebook feeds and yes, check the time, while digging in their garden, barbequing a steak or — as he was doing when he conceived of the idea — riding a bike when his phone began to ring.
And that's just the first version. Apps are being developed that could eventually bring everything from Angry Birds to eBay bidding onto our wrists.
"I like it when I'm running," says Migicovsky, "I like it on the subway, on an airplane, anytime I want to see what's on my phone without pulling it out of my pocket."
Pebble, which began shipping in January, is not the first to make a play for the watch market, which dwindled when consumers added smartphones to their purses and pockets. But this little firm of 11 is the most popular in the smart watch sector today, bubbling up amid rampant rumors that Apple has its own iWatch in the works.
Apple spokeswoman Natalie Harrison declined to comment, but it wasn't the first time she'd been asked. Apple has several patents for high-tech watches.
Tim Bajarin, a Creative Strategies analyst who's followed Apple for more than three decades, said he's been waiting for an iWatch ever since the company introduced a tiny Nano in 2010 and consumers began strapping them to their wrists.
"I do believe that Apple could potentially disrupt the watch market if they took their innovative design and tied it to their smartphones and ecosystems," he said. "We have no knowledge that they are doing this, but the area is ripe for innovation."
Meanwhile, Bajarin has one of the first 6,000 Pebbles shipped out so far, and he was gushing over it.
"I love it," he said. "I have four or five people who message me consistently, mostly my wife. In the past, I was always being forced to look at the face of my smartphone to see who it was, now I just glance at my wrist."
The next step? He wants a "Dick Tracy watch" that he could verbally order around, instead of pushing buttons.
Even without Apple, Pebble already faces serious competition with a handful of other smart watches.
The Cookoo, selling for $130, has a battery that lasts a year, compared to Pebble's once-a-week charge. The Sony SmartWatch, at $129.98, has a touchscreen, Motorola's $149 MOTOACTV includes a heart rate monitor and MetaWatch's $299 STRATA has a more feminine design.
These newly emerging devices are innovative not only for what they do, but also for how they were funded.
Last April, after failing to convince venture capitalists to fund Pebble, Migicovsky pitched it on Kickstarter, a website where any Internet user can support a project. He asked for $100,000. He got $10.3 million before capping his request. Supporters who spent $115 were promised a watch, which means Pebble has already sold about 85,000 watches. Cookoo and STRATA also turned to Kickstarter for start-up funding.
Michael Gartenberg, research director for technology research firm Gartner Inc., warned all of these start-ups face major challenges.
"There's been a lot of failed efforts to create smart watches and the key will be for vendors to understand the watch isn't just another digital device," he said. "Consumers wear watches for many reasons that have nothing to do with telling time, as evidenced by watch companies such as Rolex."
Gartenberg said that so far, none of the smart watches are really designed for the mass market. "The real question is will Apple or Google get into this space?" he asked, noting that Microsoft tried some years ago with their failed SPOT watches.
Any new device, even a watch, also raises regulatory questions. Are they safe to use on airplanes? Could they interfere with other devices? California Highway Patrol spokeswoman Erin Komatsubara said drivers are allowed to glance at a smart watch but it's not recommended to try to read anything at all while driving.
"It's considered a distraction," she said. "Two eyes on the road, two hands on the wheel, that's what we really, really want."
Manuel Yazijian, president of The American Watchmakers-Clockmakers Institute, said mechanical watches have a mystique of their own. But he said watchmakers may eventually turn their focus, attention to detail and ability to work on small items to smart watches.
"It's a different ballgame. I just don't know if they'll need maintenance and repair yet," he said. "Time will tell, no pun intended."
And the app Yazijian would like to see? "Our industry likes the old school mechanical stuff that ticks, like a heartbeat, like a live animal on your wrist," he said. "It would be so cool if the smart watch could make a ticking sound, right?"
source: philstar.com
Thursday, December 13, 2012
Software pioneer denies Internet bubble, advises NY Times to stop printing
SAN FRANCISCO — Far from experiencing a bubble, Silicon Valley has been in the throes of a “technology depression,” Netscape co-founder and venture capitalist Marc Andreessen said at the New York Times Dealbook conference on Wednesday.
While conventional wisdom holds that social-networking website Facebook Inc’s initial public offering pricked a bubble that was taking hold around privately held consumer Internet companies, Andreessen expressed skepticism.
“Some bubble,” he said, arguing that bubbles are “mass frenzies” that involve public companies. “If it’s a bubble, it was a bubble that was limited to four companies, that was limited to the private side.”
Andreessen did not name the companies. Consumer Internet stocks that have disappointed investors lately after their IPOs include Facebook, Groupon Inc and Zynga Inc.
To bolster his case, Andreessen said publicly held technology stocks were trading at the biggest discount to industrials since the 1970s.
For example, he said, Google Inc’s stock price reflected valuations of zero for many of the company’s key businesses, such as video service YouTube and browser Chrome.
“The public right now hates technology, just hates technology,” Andreessen said. “We’re in a tech depression.”
Part of the problem, he said, is a belief in some circles that old-line technology companies are “doomed.” But Andreessen pointed to Apple Inc as a company that many people had written off but which managed to pull off a stunning turnaround in the early 2000s.
Andreessen helped start browser company Netscape, which was acquired by AOL Inc in 1999. Andreessen Horowitz, his venture capital firm, has invested in some of the country’s hottest start-ups, including Facebook and online bulletin board Pinterest.
Asked if Microsoft Corp’s best days were behind it, he said new products such as the Windows 8 operating system showed promise. “They’re fighting like hell,” he said. “They have tons of cash, they have really good management.”
Andreessen, who is on the boards of Hewlett-Packard Co and Facebook, said little about those companies, citing his position as a director.
HP Chief Executive Officer Meg Whitman is the best leader of the company since its founders, he said. HP has faced a succession of challenges, including the recent $8.8 billion writedown of software maker Autonomy, which it acquired earlier this year.
Andreessen also skipped a Facebook question. For him to comment on the Facebook IPO, he would have to drink the Johnny Walker scotch stashed in the conference’s Green Room, he joked.
In response to a question from the audience, Andreessen said the New York Times Co should shut down the print edition of its namesake newspaper “as soon as possible.”
While the newspaper’s potential audience is growing quickly due to factors such as the global rise of the middle class, he said the company should focus entirely on its digital offering.
“It’s not that you can’t make money in print newspapers,” he said. “It’s not that there aren’t people who love them.” But successfully dealing with transformative technology requires going “on 100 percent offense,” he said.
source: interaksyon.com
Saturday, September 29, 2012
Silicon Valley Achievers At Forum
PhilDev’s US-based Filipino Board of Directors who are established entrepreneurs and change-makers will come home to host the event, merging local technopreneurs with investors and game-changers from Silicon Valley.
“Based on the experience we gathered from the Entrepreneurship Camp we held in Cebu last May, the time has come for all to discover, highlight and harness the talent of the Filipino,” said PhilDev Chairman of the Board and Tallwood Managing Partner, Dado Banatao.
Aside from Banatao, PhilDev Trustees and Event Chairs, Winston Damarillo, Chairman and co-Founder of Exist Global Inc., and Sheila Lirio Marcelo, Founder and CEO of Care.com will also be advising entrepreneurs at the forums and will help showcase the Philippines’ software industry as a burgeoning leader in the ASEAN and global markets.
Other speakers will include Toby Stuart, Professor of Entrepreneurship and Innovation from Haas School of Business in Berkeley, CA, and former Harvard School of Business faculty, Loida Nicolas Lewis, Chair and CEO of TLC Beatrice, Arthur Tan, Chief Executive Officer and President of Integrated Microelectronics, Inc., a subsidiary of Ayala Corporation, Eric Manlunas, Co-founder & Managing Partner of Siemer Ventures, and Secretary Greg Domingo of the Department of Trade and Industry. Executives from Facebook, Google, Oracle and Dell and have also been invited to become speakers and mentors.
This year’s Forum will be preceded by a three-day mentoring session on October 5 to 7 at the Radisson Blu in Cebu City. “Hack2Hatch: From Hacker to Founder” is a weekend entrepreneurship camp and guided pitching session and one-on-one mentorship where local start-up founders can harness their business and technical skills and pitch to actual investors and venture capitalists who have had success in Silicon Valley. This special 4-day mentorship and speaker series aims to take the Filipinos’ innovation and entrepreneurship towards collective empowerment and economic development.
source: mb.com.ph
Thursday, September 6, 2012
Silicon Valley superstars search for Pinoy protégés
source: gmanetwork.com
Wednesday, July 11, 2012
A Reality Series Finds Silicon Valley Cringing

SAN FRANCISCO — Silicon Valley is finally getting the treatment once reserved for rowdy housewives and excitable chefs: its own Bravo reality series. But the tech world is not quite ready for its close-up.
When details about the show, tentatively titled “Silicon Valley,” first seeped out, many here were offended, saying it would trivialize the difficult and important work being done in the valley. “Yuck, please stay in LA,” Kevin Rose, an entrepreneur and venture capitalist, messaged his million-plus Twitter followers.
The valley may be even more upset when it sees how well the final product captures the raucous reality of the tech industry in 2012.
The series, which is now being filmed and is scheduled to be broadcast this winter, shows hard-partying youngsters vying to start companies in a frenzy reminiscent of the dot-com peak of 2000. It is a world where everyone seems to think that a good idea can lead to instant success and untold riches, because, after all, it has so many times before. It is a place where you feel like a failure if only one investor offers to finance you, instead of many begging to get in.
“Silicon Valley” the show was in part inspired by “The Social Network,” the 2010 film about the founding of Facebook. Silicon Valley the place did not like “The Social Network” because the film said Mark Zuckerberg started Facebook as a way to impress girls instead of changing the world.
The fact that Mr. Zuckerberg’s sister Randi is an executive producer of the series has therefore rankled. Ms. Zuckerberg, an executive at Facebook until last summer, declined to be interviewed, but defended her show on Facebook. “Inspiring more people to pursue an entrepreneurial American dream can only be a good thing,” she wrote.
Not everyone agrees. One former Facebook colleague of Ms. Zuckerberg’s took to Twitter to say she was “terrified” that the series would turn Silicon Valley “into a laughingstock of an industry.”
“Trust me, enough people in this industry make laughingstocks of themselves,” Ms. Zuckerberg replied. “We’re just capturing reality!”
As the cameras rolled the other day, Ben and Hermione Way, a photogenic brother-and-sister team from England, discussed the $500,000 they got to develop a fitness app. “Four noes and one yes,” Ben said, sadly. “Not exactly people throwing money at us.” He added that he developed the idea for the business while drinking in a bar.
In another scene, at a sleek office where budding entrepreneurs rent cubicles, Kim Taylor described her start-up as based on personalized content in the luxury market for women. It is a little undefined, even to Ms. Taylor, who came here two years ago from Chicago. But then, her start-up is only a few days old.
“This is something I’m figuring out in real time,” she told her mentor, explaining that she has no background in either coding or product development, traditional paths to success in the valley.
The show first floated into consciousness last fall with a Craigslist posting by a casting director. “As long as you’re living life in the fast lane, we want to hear from you,” it said. But it was a brief trailer, released by Bravo in April, that really set people off.
One line, delivered by Ms. Taylor, seemed to provoke special ire: “Silicon Valley is high school, but it’s only the smart kids and everyone has a lot of money.” (Later, she qualified her remarks on Twitter. “Apologies that I said Silicon Valley was like high school. I meant middle school.”)
Denunciation was swift — on Twitter, Facebook and blogs.
“On behalf of all the entrepreneurs who’ve risked it all to build something, I am offended,” wrote Francisco Dao, the founder of 50 Kings, a private community for technology and media innovators. One blog put it like this: “The Horror of Reality Television Comes to Silicon Valley.”
Frances Berwick, Bravo’s president, said that despite the provisional title, the series was not intended to capture the mood of the entire valley or depict the humdrum aspects of reality. “In the editing process, we try to get rid of everything that is going to be a snooze,” she said.
The valley has generally been forbidding territory for Hollywood, at least until “The Social Network.” “We’re so bland,” said Jamis MacNiven, whose restaurant Buck’s is a popular valley gathering point. “People spend their weekends taking out last year’s incredibly energy-efficient bulb and screwing in this year’s even more energy-efficient bulb. No one ever dresses up except at the Burning Man festival, where they take off their clothes.”
Before Ms. Taylor signed on to the show, she was working at a local media company that developed Facebook ads. The other cast members include the Ways; Dwight Crow, who started Carsabi, a Web site for selling used cars, in a Mountain View apartment that is messy enough to qualify as a toxic waste zone; and David Murray, who is developing a weight loss app (“In a really successful scenario I have a million active users by the end of the year”).
The barriers to starting an Internet company have never been lower. Technology is cheap. All but the most important jobs can be outsourced, saving on costs ranging from salaries to office space.
Only the idea counts. When it goes viral, the company can quickly be worth hundreds of millions if not more. Yammer, a social network for companies, started in late 2008. Last month it was sold to Microsoft for $1.2 billion, and no one batted an eye.
“If you’re a first-time entrepreneur, this is a phenomenal time,” said Zaw Thet, a successful entrepreneur who is an adviser to Ms. Taylor.
The Ways are skilled enough in media to have been contemplating their own reality show before Bravo came along. They know what it takes. Listen to Mr. Way working out with their trainer in front of the cameras, and you can hear the reality show buttons being pushed:
“The thing about Silicon Valley is it forgives failure — but not as many times as we’ve failed.”
“I can’t believe how many entrepreneurs commit suicide.”
“Last night, there were like four of my ex-girlfriends in the house — and I’ve only been here a year.”
Their house is a $17,000-a-month crash pad with an outdoor pool — very unusual for chilly San Francisco — and three levels of decks from which to admire the excellent view. If you divide by the five roommates, Mr. Way said, it is not so much money.
To defray expenses, his sister sold $50 tickets to her birthday party. She also lined up sponsorships for the villa from a potato chip company and a coconut water supplier. The house has its own Twitter feed, which it uses to promote the chips. In Silicon Valley, the opportunities to be an entrepreneur never stop.
source: nytimes.com







