Facebook getting serious about security, AR transforming retail and is Tesla off track?? Enjoy this weekly feed of inspiring, interesting and intellectual articles and news, with a focus on disruption!
Facebook getting serious about security
IT-security is a recurring topic for us and we seem to end each feed with “please wake up, this is serious!” or “soon something REALLY bad will happen”. Not to say bad things haven’t happened though, due to the Equifax hack this year millions of Americans will be at risk of identity theft for the rest of their lives… But this particular feed is different (Finally!). With Facebooks recent security and Russian influence concerns they are finally getting it, security just simply must be taken care of. As Mark himself put it “We’re serious about preventing abuse on our platforms. We’re investing so much in security that it will impact our profitability. Protecting our community is more important than maximizing our profits.” Replace community with ‘future’ or ‘existence’ and that last sentence applies to basically every company that use IT in some way.
AR transforming retail
Amazon follows IKEA’s steps by adapting AR as a shopping feature and it is only the beginning for AR adoption within retailing, according the recent studies. 900 million AR-enabled smartphones are forecasted to be up and running by the end of 2018 and research from Digital Bridge shows that 69% of consumers are expecting retailers to launch AR apps within the next six months. Further insights show 34% of users say they would use AR while shopping, and 61% say they would prefer to shop at stores that offer AR. At some point, we’re going to look back and think, how did we not have a digital layer on the physical world, as stated by Google director Greg Jones.
Tesla off track??
Tesla has had some bad press with layoffs and disappointing growth and margins recently, but the biggest problem remains ramping up Model 3 production. Tesla released their third-quarter report this week, showing they only delivered 222 cars of the model and given that 1,500 was expected in just September it’s not looking good…
Picture from Tesla