Is someone learning to take down the internet? Automated shopping with smart gadgets and data analysis and AT&T buys Time Warner. Enjoy this weekly feed of inspiring, interesting and intellectual articles and news, with a focus on disruption!
Is someone learning to take down the internet?
A few weeks ago one of the most prominent bloggers on internet security, Brian Krebs, warned of large so called distributed denial of service attacks (DDoS), after his website was hit by one. DDoS attacks isn’t something new but the way this one was setup and the size of it was pretty much unheard of and very alarming. This last week, a chunk of the internet went down. Basically because someone did the same type of attack, causing outages and slow services for Twitter, SoundCloud, Spotify, Reddit among others. By using of millions of hacked IoT devices (mostly connected webcams) from companies that don’t have decent security the hackers can send HUGE amounts of data towards servers ultimately crackle under the pressure. “A network designed to withstand nuclear attack, brought down by toasters.” Most interesting here though is, who is doing this and why?
The Economist is reporting on a new trend in retail that offers an interesting peak on what the future of e-commerce could look like. A number of companies have started to experiment with an automated shopping process, and the idea is to automatically order necessities and ship them to their customers with help from smart gadgets and data analysis. For example, a smart washing machine could replenish the detergent by itself by ordering it online, or an online retailer could automatically send kids’ nappies to a household based on their usage and purchasing patterns. This can be seen as the next natural step for the subscription feature that many online retailers provide, which was first launched by Amazon nine years ago. The question is who will benefit the most from this, a report by Salmon found that consumers would prefer a service that automatically buys the cheapest of similar items rather than automatically receiving products from a specific brand or retailer. Will this make us buy more or less?
AT&T buys Time Warner
AT&T is buying Time Warner, for $84 billion, putting AT&T in the content business in a big way. Giving them control over some of the biggest names in movies and TV, including HBO, Turner and Warner Bros. Taking more control of the value-chain can absolutely help improve value propositions and hopefully margins, not to mention they will be on par with competitor Comcast who bought NBC Universal. However, the business logic is COMPLETLEY different and it will sure be interesting to see if AT&T can create more, rather than less, total value. That is, given the deal goes through.