The camera's photo sensors are like a pair of eyes that "wake up" and start looking around when they detect changes in light and movement. Next, the "eyes" send electrical signals to the circuits that control the backend of the camera and mimic the neuron pathways of the human brain. As the camera keeps working and sending more signals, its internal "neuron network" will learn to react more quickly to external stimuli, such as traffic lights changing and pedestrians crossing.
Why it matters: The camera does not start recording until it detects stimuli — a feature which makes it a more intelligent device that saves memory and power. This new technology also shows that AI, often requiring expensive and large-scale hardware, can be applied to devices small enough to be affixed to a drone.
Carrier, the heating and air-conditioning manufacturer, is laying off more than 600 employees from its Indianapolis plant next month, the same plant Trump vowed to keep on American soil, per CNBC. Those manufacturing jobs will go to Mexico, where labor is significantly cheaper.
Why it matters: Trump heralded the November deal as proof he'd live up to his pledge to protect U.S. jobs. And this comes just a day after Ford announced that it will move production of its Focus model to China, just months after pressure from the Trump administration resulted in its cancelling plans to move to Mexico.
Refresher on the deal: Carrier, a unit of United Technologies, would receive up to $7 million in exchange for agreeing to employ at least 1,069 people at the facility for 10 years, rather than moving it abroad in search of cheaper labor, as originally planned. Carrier also vowed to invest $16 million into the plant. But just a month after the deal was made, CEO Greg Hayes said the $16 million would be invested in automation.
Update from WH Press Secretary: Spicer told reporters Friday that the lay offs at Carrier were announced last year, and the company will maintain the 1,069 job quota it agreed to in its deal with Trump.
This post was updated on June 23 at 2:54pm to reflect Sean Spicer's briefing comments.
Minority Leader Nancy Pelosi told reporters, "I feel very confident in the support that I have in my caucus" when questioned about how she has been criticized for her leadership in the Democratic Party.
Why now: Many are blaming Pelosi after Dem. candidate Jon Ossoff lost the Georgia 6th special election earlier this week — despite millions of dollars the party pumped to back him.
Pelosi listed her qualifications as another form of defense. "I'm a master legislator. I'm a strategic, politically astute leader," she said. And she spoke on behalf of Dems by saying "we're very proud of the campaign that was run there" in spite of the loss. The kicker: "I think I'm worth the trouble."
Conservative radio show host Hugh Hewitt will helm his own live weekly news program on MSNBC beginning this Saturday, per TVNewser.
Hewitt's show will air on Saturdays at 8 am. MSNBC will also be expanding their nightly live weekend coverage by two hours until 9 pm with programming anchored by Thomas Roberts.
Why it matters: MSNBC has seen a big boost in its ratings under the Trump administration — with wins for weeknight hosts Rachel Maddow and Lawrence O'Donnell — so they're aggressively expanding their coverage, including bringing in hosts like Hewitt from across the political spectrum, to build on that success.
Political researchers are frustrated that Facebook will not release aggregate data about political advertising on its platform, Reuters reports. They currently don't have any way to track political ad spend trends (frequency of ads, how they were viewed, creative that resonated with people, etc.).
Why it matters: As the law currently stands, candidates do not need to formally and publicly disclose political ad spend data on Facebook or any other digital property, like they have to with TV spending. Facebook, as they noted in an interview with Reuters, contractually guarantees its advertisers' discretion and will likely continue to honor that without a law in place to force them to act otherwise.
U.S. Trade Representative Robert Lighthizer testified Wednesday before Congress that it would be a "cataclysmic" mistake for the WTO to grant China market economy status — as the Chinese believe it is required to do this year.
What's market economy status? A designation recognizing a country's commitment to free market policies. If China wins this label, it would make it more difficult for the U.S. to win cases it brings against China for violations like selling steel below cost of production.
Why it matters for workers: There's good evidence that allowing China's accession to the WTO fifteen years ago was the trade policy decision that most led to joblessness and stagnant incomes, specifically in the manufacturing sector.
The Trump Administration has taken a dismissive stand toward the WTO, even saying that it may ignore its rulings. But the Trump trade policy has been all bark and no bite, and there's no reason to believe that revoking the privileges China receives for its membership would bring back lost manufacturing jobs.
Spotify's getting a leadership shakeup before it goes public. Sean Parker, an early private investor in the company who previously founded the online music store Napster and helped grow Facebook; and Klaus Hommels, also an early supporter, have left Spotify's board of directors, per TechCrunch.
Four new high-profile executives with public market experience have come on in their place:
Cisco's former CTO and CSO Padmasree Warrior
Disney's former COO Thomas Staggs
Ex-YouTube exec Shishir Mehrotra
Investor Cristina Stenbeck
Why it matters: Spotify, which is currently valued at roughly $13 billion, will need all the public market experience it can get, given the company plans to go public via an unusual direct listing process as early as this fall.
Netflix CEO Reed Hastings and Netflix chief content officer Ted Sarandos
Steve Burke, CEO, NBCUniversal, and senior executive V.P., Comcast Corp.
Leslie Moonves, President/CEO, CBS Corp.
James Murdoch, Lachlan Murdoch and Rupert Murdoch, 21st Century Fox
"THR 100 essentially is a greenlight list: who has the authority to take projects from a no to a yes or the talent and track record to make what he or she wants. There are objective factors, like the size of an executive's empire (owning it helps, a la Shari Redstone), access to vast sums of money (both Megan Ellison and David Ellison) or the number of series a showrunner has on the air and their ratings (congrats, Ryan Murphy).
"Then there's the subjective element of heat around town: 'juice,' for lack of a better word. The Murdoch family's 21st Century Fox is far more profitable than Netflix, but Reed Hastings and Ted Sarandos rank higher because there's no company more the subject of Hollywood fascination and envy these days than theirs. Patty Jenkins' Wonder Woman probably will end up grossing less worldwide than F. Gary Gray's The Fate of the Furious, but the fact that Jenkins broke ground for female directors lands her (and not him) on the list."
While economists and futurists are rightly concerned about the possibility of mass unemployment precipitated by automation technology, right now the U.S. economy is experiencing one of the tightest labor markets in a generation.
The immigration paradox: It's rural counties in midwest states like Indiana that have the lowest unemployment rates in America, and could therefore benefit from a bit more immigrant labor. In all, 73 U.S. counties have 2% joblessness or lower, according to government statistics.
Apple announced Wednesday that publishers can now use two new ad formats (standard sizes you would typically find on mobile) and are able to utilize third-party ad tags to better track and measure ads. Publishers can also now view demographic information about their audiences, like age and gender, on the Apple News dashboard.
Why it matters: These advertising updates (mostly the ad tags) will make it easier for publishers to monetize on Apple News. The introduction of ad tags will also help Apple win more ad business, since most other platforms allow tags for measurement and tracking purposes.
This is the latest update Apple news has made to beef up its platform as a major news distribution destination. Last month, Apple announced it hired Lauren Kern as its first-ever editor-in-chief for Apple News.
Alibaba founder Jack Ma is traveling the world to get people thinking and talking about the opportunities and risks that will come with the age of artificial intelligence and globalization. He told CNBC that he thinks the era of Apple, Google and Amazon ruling the market will end, AI will ultimately lead to shorter working hours and more travel, but that this third technology revolution could also lead to a third world war.
"If they do not move fast, there's going to be trouble. So when we see something is coming, we have to prepare now. My belief is that you have to repair the roof while it is still functioning."
The jobs market is humming these days, but income inequality continues to grow. Torsten Slok, Chief International Economist with Deustche Bank Securities, sent the following chart to clients on Tuesday, drawn on the most recent work by inequality researchers Thomas Piketty, Emmanuel Saez, and Gabriel Zucman. Pikkety is the author of the much-discussed 2014 book, Capital in the 21st Century.
Why it matters: The yawning gap between U.S. haves and have nots is only growing more severe, and there are no signs that the trend will slow on its own. These are the numbers Bernie Sanders studied before wagering that the Democratic Party's path to electoral success is through aggressive economic populism.
Data: Deutsche Bank Research; Chart: Andrew Witherspoon / Axios
The front-runner to be the next head of the FCC's Enforcement Bureau is a lawyer and former agency official who has worked with Comcast and media companies. Two sources familiar with the position say that Rosemary Harold, currently a partner at the law firm Wilkinson Barker Knauer, is the likely candidate for the job.
Why it matters: The FCC can use its authority to aggressively pursue the nation's telecom firms if they violate the agency's rules. Republican administrations tend to be less aggressive on the enforcement front, and it remains to be seen how tough of a cop Chairman Ajit Pai will be. His predecessor Tom Wheeler slapped a few telecom providers with large fines for fraud and misleading consumers, for example, but was also criticized by the industry for being too aggressive.
