Tag Archives: Innovation

Tesla Sells Junk (bonds), Malls Love Apple, Watching TV Has Become Stressful, and Facebook Will Now Take Your Order…

We have an amazing team here at BlueOrange. Kaspars is on a well deserved vacation, and Krista and our summer intern Renārs do a great job keeping everything in order, while also providing thoughtful and fresh insights into making us a little bit better every day.

Here are some links that they found interesting this week:

Tesla manages to raise $1.8b through junk bonds yielding 5.3%
Earlier this month, Tesla came out with a statement saying that the money required to fund the projected production ramp of its recently released Model 3 is going to be raised through a bond offering. At first, the electric carmaker wanted to raise $1.5 billion, a number that, due to high demand, was later increased to $1.8 billion.

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Musk’s Hyperloop might become reality

According to tweets by Elon Musk, aka. The Tony Stark of real life, on Thursday, “verbal” government approval for digging the world’s longest tunnel for his newest venture – The Boring Company, has been reached. The tunnel is to be dug from New York to Washington D.C. and is a part of another one of Musk’s ideas, Hyperloop.

For those who have been out of the loop, pun fully intended, Hyperloop is a high-speed transportation alternative, which would make the journey from NYC to D.C. in around a half an hour.

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AI deep-learning briefly explained and why Nvidia has the upper hand

It seems that the abbreviation AI and the phrase “deep learning” get thrown around an awful lot lately. Understandably so, as presented in the chart below, the frequency of Google searches for “deep learning” has grown considerably in the last 5 years, one can easily see an exponential growth pattern. Everyone seems to want to find out what exactly it is and how to benefit.

The increase of interest reflects the change of focus of industry leading companies rather precisely. Nvidia, Intel, AMD and now Fujitsu have set out on a quest to create the best – most capable hardware for artificial intelligence. All of the aforementioned companies have come out or are coming out with AI optimized hardware.

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Google Glass – now for professionals

Remember Google Glass – the way ahead of its time, privacy nightmare – Google’s take on augmented reality that nobody has heard anything about in four years? Well, it turns out its making a comeback in the enterprise market.

Reportedly, Alphabet, the parent company of Google, revealed its plans for the augmented reality glasses on Tuesday. The new – Enterprise Edition of Glass – is going to be used by professionals who need a heads-up display while they work.

A company called Augmedix is offering the device as a part of their subscription service for doctors. Additionally, workers from companies like Volkswagen, General Electric and Boeing are utilizing Google Glass to keep their hands free while performing various tasks.

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What We Said When The World Changed

What the stock market did today doesn’t matter. But reading about how people
obsessed over what it did on any given day in, say, 1990, is telling. The
stock market is almost 11 times higher today than it was in 1990. So reading
a 1990 article about what a 0.5% decline meant for investors makes you want
to yell, “None of this matters! Just take a long-term view!” That’s one of the
most valuable lessons in investing. And you don’t get it reading today’s newspaper.
You get it — clear as day — from old newspapers.

– Morgan Housel

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Can a robot do your job?

Not even a week has passed since we wrote about robots and automatization of processes.

Financial Times has come up with a tool that allows to determine which activities of your job can be automated:

Here is a link: Can a robot do your job?

The calculator/tool is constructed based on the data from McKinsey Global Institute. As a large consulting business they usually have wider picture of what actions companies are taking to improve their processes.

Though we should keep in mind that technology is going forward very rapidly. Many more activities and even jobs or roles will be automated in not so distant future. And some jobs won’t be automated, some will go away completely.

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Facebook For Work

Most employers figured out long ago that allowing people to access Facebook at work could lead to lessened productivity.

However, Facebook is on the verge of launching a version of Facebook that is tailored towards corporations.

This is a potential game changer in a number of ways.

The size of Facebook’s existing user base and their familiarity with the platform could lead to rapid adoption and immediate benefits in terms of leveraging off of the platform’s many strengths:

LINK: Facebook for Work

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