TechNews Daily 2017.01.19

19 Jan

The smartest watches are still mechanical
The Verge
There was a little moment during this month’s Consumer Electronics Show where I discovered that I was surrounded by colleagues wearing regular, old school mechanical watches.Dan Seifert, Mark Linsangan, and I each had on a watch that knew only the time and date. It wasn’t a coordinated thing, and it wasn’t some hipster rejection of modernity — we all just felt the same need for a reliable way to keep time and nothing more.

Palmer Luckey defends the early days of Oculus in VR trade secrets trial
The Verge
Palmer Luckey became tech industry royalty at age 21, when he sold his burgeoning virtual reality company Oculus VR to Facebook in 2014 for $2 billion. That fateful decision, while a milestone for virtual reality, is now causing headaches for Luckey, Facebook, and others at the core of a contentious legal battle over the origins of the modern VR movement. Luckey took the stand today in Dallas to testify in the trial alleging he helped Oculus steal trade secrets and violate copyrights owned by ZeniMax Media, the parent company of video game developer id Software.

Netflix nears 94 million subscribers 10 years after streaming launch
Venture Beat
Netflix now has 93.8 million subscribers, and its subscriber base — the most important metric for investors in this high-priced stock — grew faster than expected (up by 7.1 million) during the final quarter of 2016.

Why Atlassian will be a $50+ billion company in 10 years
Venture Beat
Last week, Atlassian made a very smart move by acquiring Trello. While $425 million implies a high multiple (given Trello’s revenue run rate was around $10 million last year), I believe it positions Atlassian to become the next big enterprise software company. I project it will reach a $50 billion market cap in 10 years by taking over software for teams.

4 big problems plaguing chatbots
Venture Beat
Right now is a prime time to launch a chatbot. There are a handful of good bots, but just as with the saturated app market, plenty of bots feel rushed, are poorly maintained, and just don’t seem to follow basic standards of a conversational interface.

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