Here’s Mary Meeker’s essential 2018 Internet Trends report

Here’s Mary Meeker’s essential 2018 Internet Trends report

Want to understand all the most important tech stats and trends? Legendary venture capitalist Mary Meeker has just released the 2018 version of her famous Internet Trends report. It covers everything from mobile to commerce to the competition between tech giants. Check out the full report below, and we’ll add some highlights soon. Then come back for our slide-by-slide analysis of the most important parts of the 294 page report.

  • Internet adoption: As of 2018, half the world population, or about 3.6 billion people, will be on the internet. That’s thanks in large part to cheaper Android phones and Wifi becoming more available, though individual services will have a tougher time adding new users as the web hits saturation.
  • Mobile usage: While smartphone shipments are flat and internet user growth is slowing, U.S. adults are spending more time online thanks to mobile, clocking 5.9 hours per day in 2017 versus 5.6 hours in 2016.
  • Mobile ads: People are shifting their time to mobile faster than ad dollars are following, creating a $7 billion mobile ad opportunity, though platforms are increasingly responsible for providing safe content to host those ads.
  • Crypto: Interest in cryptocurrency is exploding as Coinbase’s user count has nearly quadrupled since January 2017
  • Voice: Voice technology is at an inflection point due to speech recognition hitting 95% accuracy and the sales explosion for Amazon Echo which went from over 10 million to over 30 million sold in total by the end of 2017.
  • Daily usage – Revenue gains for services like Facebook are tightly coupled with daily user growth, showing how profitable it is to become a regular habit.
  • Tech investment: We’re at an all-time high for public and private investment in technology, while the top six public R&D + capex spenders are all technology companies.

Mary Meeker, analyst with Morgan Stanley, speaks during the Web 2.0 Summit in San Francisco, California, U.S., on Tuesday, Nov. 16, 2010. This year’s conference, which runs through Nov. 17, is titled “Points of Control: The Battle for the Network Economy.” Photographer: Tony Avelar/Bloomberg via Getty Images

  • Ecommerce vs Brick & Mortar: Ecommerce growth quickens as now 13% of all retail purchases happen online and parcel shipments are rising swiftly, signaling big opportunities for new shopping apps.
  • Amazon: More people start product searches on Amazon than search engines now, but Jeff Bezos still relies on other surfaces like Facebook and YouTube to inspire people to want things.
  • Subscription services: They’re seeing massive adoption, with Netflix up 25%, The New York Times up 43%, and Spotify up 48% year-over-year in 2017. A free tier accelerates conversion rates.
  • Education: Employees seek retraining and education from YouTube and online courses to keep up with new job requirements and pay off skyrocketing student loan debt.
  • Freelancing: Employees crave scheduling and work-from-home flexibility, and internet discovery of freelance work led it to grow 3X faster than total workforce growth. The on-demand workforce grew 23% in 2017 driven by Uber, Airbnb, Etsy, Upwork, and Doordash.
  • Transportation: People are buying fewer cars, keeping them longer, and shifting transportation spend to rideshare, which saw rides double in 2017.
  • Enterprise: Consumerization of the enterprise through better interfaces is spurring growth for companies like Dropbox and Slack.
  • China: Alibaba is expanding beyond China with strong gross merchandise volume, though Amazon still rules in revenue.
  • Privacy: China has a big opportunity as users there are much more willing to trade their personal data for product benefits than U.S. users, and China is claiming more spots on the top 20 internet company list while making big investments in AI.
  • Immigration: It is critical to a strong economy, as 56% of top U.S. companies were founded by a first- or second-generation immigrant.

Source: Mobile – Techcruch

Uber in fatal crash detected pedestrian but had emergency braking disabled

Uber in fatal crash detected pedestrian but had emergency braking disabled
The initial report by the National Transportation Safety Board on the fatal self-driving Uber crash in March confirms that the car detected the pedestrian as early as 6 seconds before the crash, but did not slow or stop because its emergency braking systems were deliberately disabled.
Uber told the NTSB that “emergency braking maneuvers are not enabled while the vehicle is under computer control, to reduce the potential for erratic vehicle behavior,” in other words, to ensure a smooth ride. “The vehicle operator is relied on to intervene and take action. The system is not designed to alert the operator.” It’s not clear why the emergency braking capability even exists if it is disabled while the car is in operation. The Volvo model’s built-in safety systems — collision avoidance and emergency braking, among other things — are also disabled while in autonomous mode.
It appears that in an emergency situation like this this “self-driving car” is no better, or substantially worse, than many normal cars already on the road.
It’s hard to understand the logic of this decision. An emergency is exactly the situation when the self-driving car, and not the driver, should be taking action. Its long-range sensors can detect problems accurately from much farther away, while its 360-degree awareness and route planning allow it to make safe maneuvers that a human would not be able to do in time. Humans, even when their full attention is on the road, are not the best at catching these things; relying only on them in the most dire circumstances that require quick response times and precise maneuvering seems an incomprehensible and deeply irresponsible decision.

Here’s how Uber’s self-driving cars are supposed to detect pedestrians

According to the NTSB report, the vehicle first registered Elaine Herzberg on lidar six seconds before the crash — at the speed it was traveling, that puts first contact at about 378 feet away. She was first identified as an unknown object, then a vehicle, then a bicycle, over the next few seconds (it isn’t stated when these classifications took place exactly).
The car following the collision
During these six seconds, the driver could and should have been alerted of an anomalous object ahead on the left — whether it was a deer, a car or a bike, it was entering or could enter the road and should be attended to. But the system did not warn the driver and apparently had no way to.
Then, 1.3 seconds before impact, which is to say about 80 feet away, the Uber system decided that an emergency braking procedure would be necessary to avoid Herzberg. But it did not hit the brakes, as the emergency braking system had been disabled, nor did it warn the driver because, again, it couldn’t.
It was only when, less than a second before impact, the driver happened to look up from whatever it was she was doing and saw Herzberg, whom the car had known about in some way for five long seconds by then. It struck and killed her.
It reflects extremely poorly on Uber that it had disabled the car’s ability to respond in an emergency — though it was authorized to speed at night — and no method for the system to alert the driver should it detect something important. This isn’t just a safety issue, like going on the road with a sub-par lidar system or without checking the headlights — it’s a failure of judgement by Uber, and one that cost a person’s life.
Arizona, where the crash took place, barred Uber from further autonomous testing, and Uber yesterday ended its program in the state.
Uber offered the following statement on the report:
Over the course of the last two months, we’ve worked closely with the NTSB. As their investigation continues, we’ve initiated our own safety review of our self-driving vehicles program. We’ve also brought on former NTSB Chair Christopher Hart to advise us on our overall safety culture, and we look forward to sharing more on the changes we’ll make in the coming weeks.

Source: Gadgets – techcrunch

Meet the speakers at The Europas, and get your ticket free (July 3, London)

Meet the speakers at The Europas, and get your ticket free (July 3, London)
Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech City” area, followed by our startup awards dinner and fantastic party and celebration of European startups!
The event is run in partnership with TechCrunch, the official media partner. Attendees, nominees and winners will get deep discounts to TechCrunch Disrupt in Berlin, later this year.
The Europas Awards are based on voting by expert judges and the industry itself. But key to the daytime is all the speakers and invited guests. There’s no “off-limits speaker room” at The Europas, so attendees can mingle easily with VIPs and speakers.
What exactly is an Unconference? We’re dispensing with the lectures and going straight to the deep-dives, where you’ll get a front row seat with Europe’s leading investors, founders and thought leaders to discuss and debate the most urgent issues, challenges and opportunities. Up close and personal! And, crucially, a few feet away from handing over a business card. The Unconference is focused into zones including AI, Fintech, Mobility, Startups, Society, and Enterprise and Crypto / Blockchain.
We’ve confirmed 10 new speakers including:

Eileen Burbidge, Passion Capital

Carlos Eduardo Espinal, Seedcamp

Richard Muirhead, Fabric Ventures

Sitar Teli, Connect Ventures

Nancy Fechnay, Blockchain Technologist + Angel

George McDonaugh, KR1

Candice Lo, Blossom Capital

Scott Sage, Crane Venture Partners

Andrei Brasoveanu, Accel

Tina Baker, Jag Shaw Baker
How To Get Your Ticket For FREE
We’d love for you to ask your friends to join us at The Europas – and we’ve got a special way to thank you for sharing.
Your friend will enjoy a 15% discount off the price of their ticket with your code, and you’ll get 15% off the price of YOUR ticket.
That’s right, we will refund you 15% off the cost of your ticket automatically when your friend purchases a Europas ticket.
So you can grab tickets here.
Vote for your Favourite Startups
Public Voting is still humming along. Please remember to vote for your favourite startups!
Awards by category:
Hottest Media/Entertainment Startup
Hottest E-commerce/Retail Startup
Hottest Education Startup
Hottest Startup Accelerator
Hottest Marketing/AdTech Startup
Hottest Games Startup
Hottest Mobile Startup
Hottest FinTech Startup
Hottest Enterprise, SaaS or B2B Startup
Hottest Hardware Startup
Hottest Platform Economy / Marketplace
Hottest Health Startup
Hottest Cyber Security Startup
Hottest Travel Startup
Hottest Internet of Things Startup
Hottest Technology Innovation
Hottest FashionTech Startup
Hottest Tech For Good
Hottest A.I. Startup
Fastest Rising Startup Of The Year
Hottest GreenTech Startup of The Year
Hottest Startup Founders
Hottest CEO of the Year
Best Angel/Seed Investor of the Year
Hottest VC Investor of the Year
Hottest Blockchain/Crypto Startup Founder(s)
Hottest Blockchain Protocol Project
Hottest Blockchain DApp
Hottest Corporate Blockchain Project
Hottest Blockchain Investor
Hottest Blockchain ICO (Europe)
Hottest Financial Crypto Project
Hottest Blockchain for Good Project
Hottest Blockchain Identity Project
Hall Of Fame Award – Awarded to a long-term player in Europe
The Europas Grand Prix Award (to be decided from winners)
The Awards celebrates the most forward thinking and innovative tech & blockchain startups across over some 30+ categories.
Startups can apply for an award or be nominated by anyone, including our judges. It is free to enter or be nominated.
What is The Europas?
Instead of thousands and thousands of people, think of a great summer event with 1,000 of the most interesting and useful people in the industry, including key investors and leading entrepreneurs.

• No secret VIP rooms, which means you get to interact with the Speakers
• Key Founders and investors speaking; featured attendees invited to just network
• Expert speeches, discussions, and Q&A directly from the main stage
• Intimate “breakout” sessions with key players on vertical topics
• The opportunity to meet almost everyone in those small groups, super-charging your networking
• Journalists from major tech titles, newspapers and business broadcasters
• A parallel Founders-only track geared towards fund-raising and hyper-networking

• A stunning awards dinner and party which honors both the hottest startups and the leading lights in the European startup scene
• All on one day to maximise your time in London. And it’s PROBABLY sunny!

That’s just the beginning. There’s more to come…

Interested in sponsoring the Europas or hosting a table at the awards? Or purchasing a table for 10 or 12 guest or a half table for 5 guests? Get in touch with:
Petra Johansson
[email protected]
Phone: +44 (0) 20 3239 9325

Source: Gadgets – techcrunch

Tesla updates user interface, web browser in older Model S and Model X vehicles

Tesla updates user interface, web browser in older Model S and Model X vehicles
A recent update is bringing an improved user interface to older Tesla vehicles. According to this report citing forum users, the v8.1 (2018.14) update improves the speed and capability in Model S and Model X vehicles equipped with an Nvidia Tegra 3-powered MCU. This was expected; Elon Musk stated in late December 2017 that Tesla was working to improve the browser for all its vehicles.
Users discovered the browser speed is dramatically faster, able to download at an average of more than 5 Mbps. HTML5 capabilities also improved. This is just the latest in Tesla’s ongoing mission to improve its vehicles after customers buy them.
Tesla launched the Model S with the Tegra 3 SoC and ran with it until late 2017, when the company switched to new x86_64-powered MCUs. Last month, Elon Musk confirmed through Twitter that it was possible to retrofit older vehicles with new MCUs.

Yes, you can upgrade hardware, although we also wrote software to accelerate rendering on old MCU. Coming out soon & makes a big diff.
— Elon Musk (@elonmusk) March 27, 2018

Though possible to upgrade older vehicles, it’s better for the consumer, and likely for the company, to upgrade existing hardware than make drivers bring in vehicles for a hardware upgrade.

Source: Gadgets – techcrunch

Waymo reportedly applies to put autonomous cars on California roads with no safety drivers

Waymo reportedly applies to put autonomous cars on California roads with no safety drivers
Waymo has become the second company to apply for the newly-available permit to deploy autonomous vehicles without safety drivers on some California roads, the San Francisco Chronicle reports. It would be putting its cars — well, minivans — on streets around Mountain View, where it already has an abundance of data.
The company already has driverless driverless cars in play over in Phoenix, as it showed in a few promotional videos last month. So this isn’t the first public demonstration of its confidence.
California only just made it possible to grant permits allowing autonomous vehicles without safety drivers on April 2; one other company has applied for it in addition to Waymo, but it’s unclear which. The new permit type also allows for vehicles lacking any kind of traditional manual controls, but for now the company is sticking with its modified Chrysler Pacificas. Hey, they’re practical.
The recent fatal collision of an Uber self-driving car with a pedestrian, plus another fatality in a Tesla operating in semi-autonomous mode, make this something of an awkward time to introduce vehicles to the road minus safety drivers. Of course, it must be said that both of those cars had people behind the wheel at the time of their crashes.
Assuming the permit is granted, Waymo’s vehicles will be limited to the Mountain View area, which makes sense — the company has been operating there essentially since its genesis as a research project within Google. So there should be no shortage of detail in the data, and the local authorities will be familiar with the people necessary for handling any issues like accidents, permit problems, and so on.
No details yet on what exactly the cars will be doing, or whether you’ll be able to ride in one. Be patient.

Source: Gadgets – techcrunch

Luminar puts its lidar tech into production through acquisitions and smart engineering

Luminar puts its lidar tech into production through acquisitions and smart engineering
When Luminar came out of stealth last year with its built-from-scratch lidar system, it seemed to beat established players like Velodyne at their own game — but at great expense and with no capability to build at scale. After the tech proved itself on the road, however, Luminar got to work making its device better, cheaper, and able to be assembled in minutes rather than hours.
“This year for us is all about scale. Last year it took a whole day to build each unit — they were being hand assembled by optics PhDs,” said Luminar’s wunderkind founder Austin Russell. “Now we’ve got a 136,000 square foot manufacturing center and we’re down to 8 minutes a unit.”
Lest you think the company has sacrificed quality for quantity, be it known that the production unit is about 30 percent lighter and more power efficient, can see a bit further (250 meters vs 200), and detect objects with lower reflectivity (think people wearing black clothes in the dark).
The secret — to just about the whole operation, really — is the sensor. Luminar’s lidar systems, like all others, fire out a beam of light and essentially time its return. That means you need a photosensitive surface that can discern just a handful of photons.
Most photosensors, like those found in digital cameras and in other lidar systems, use a silicon-based photodetector. Silicon is well-understood, cheap, and the fabrication processes are mature.
Luminar, however, decided to start from the ground up with its system, using an alloy called indium gallium arsenide, or InGaAs. An InGaAs-based photodetector works at a different frequency of light (1,550nm rather than ~900) and is far more efficient at capturing it. (Some physics here.)
The more light you’ve got, the better your sensor — that’s usually the rule. And so it is here; Luminar’s InGaAs sensor and a single laser emitter produced images tangibly superior to devices of a similar size and power draw, but with fewer moving parts.
The problem is that indium gallium arsenide is like the Dom Perignon of sensor substrates. It’s expensive as hell and designing for it is a highly specialized field. Luminar only got away with it by minimizing the amount of InGaAs used: only a tiny sliver of it is used where it’s needed, and they engineered around that rather than use the arrays of photodetectors found in many other lidar products. (This restriction goes hand in glove with the “fewer moving parts” and single laser method.)
Last year Luminar was working with a company called Black Forest Engineering to design these chips, and finding their paths inextricably linked (unless someone in the office wanted to volunteer to build InGaAs ASICs), Luminar bought them. The 30 employees at Black Forest, combined with the 200 hired since coming out of stealth, brings the company to 350 total.
By bringing the designers in house and building their own custom versions of not just the photodetector but also the various chips needed to parse and pass on the signals, they brought the cost of the receiver down from tens of thousands of dollars to… three dollars.
“We’ve been able to get rid of these expensive processing chips for timing and stuff,” said Russell. “We build our own ASIC. We only take like a speck of InGaAs and put it onto the chip. And we custom fab the chips.”
“This is something people have assumed there was no way you could ever scale it for production fleets,” he continued. “Well, it turns out it doesn’t actually have to be expensive!”
Sure — all it took was a bunch of geniuses, five years, and a seven-figure budget (and I’d be surprised if the $36M in seed funding was all they had to work with). But let’s not quibble.
Quality inspection time in the clean room.
It’s all being done with a view to the long road ahead, though. Last year the company demonstrated that its systems not only worked, but worked well, even if there were only a few dozen of them at first. And they could get away with it, since as Russell put it, “What everyone has been building out so far has been essentially an autonomous test fleet. But now everyone is looking into building an actual, solidified hardware platform that can scale to real world deployment.”
Some companies took a leap of faith, like Toyota and a couple other unnamed companies, even though it might have meant temporary setbacks.
“It’s a very high barrier to entry, but also a very high barrier to exit,” Russell pointed out. “Some of our partners, they’ve had to throw out tens of thousands of miles of data and redo a huge portion of their software stack to move over to our sensor. But they knew they had to do it eventually. It’s like ripping off the band-aid.”
We’ll soon see how the industry progresses — with steady improvement but also intense anxiety and scrutiny following the fatal crash of an Uber autonomous car, it’s difficult to speculate on the near future. But Luminar seems to be looking further down the road.

Source: Gadgets – techcrunch

Autonomous cars could peep around corners via bouncing laser

Autonomous cars could peep around corners via bouncing laser
 Autonomous cars gather up tons of data about the world around them, but even the best computer vision systems can’t see through brick and mortar. But by carefully monitoring the reflected light of a laser bouncing off a nearby surface, they might be able to see around corners — that’s the idea behind recently published research from Stanford engineers. Read More

Source: Gadgets – techcrunch