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| | July 13, 2016 | |
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| | Hello from 7,900 feet above sea level. Today is the third and last day of Fortune‘s Brainstorm Tech conference in Aspen, Colo. So far we’ve heard from speakers like Internet billionaire Yuri Milner, Google cloud guru Diane Greene, and Airbnb co-founder and CEO Brian Chesky. But my favorite moments have been when execs and entrepreneurs from different worlds have collided, in the best sense of the word. Take for example General Motors president Dan Ammann on stage with Lyft president John Zimmer, talking about their partnership. Or Box CEO Aaron Levie and General Electric vice chairwoman Beth Comstock speaking about the “industrialist’s dilemma” (a.k.a. digital transformation isn’t always easy for legacy industries). Or even Golden State Warriors forward Draymond Green asking Disney CEO Bob Iger about the future of the sports fan experience. Brainstorm Tech has always brought together startup entrepreneurs and tech execs from Fortune 500 companies. But it is also increasingly relevant for those completely outside of the tech industry. Tech is now pervasive—and indispensable and often disruptive—in entertainment, auto, manufacturing, health care, and pretty much anything else you can think of. That’s why our speakers include the leaders of Toys R Us and Legendary Entertainment—a conversation that will take place today and center on the movie company’s use of data analytics—alongside the CEOs of companies like Intel and Dropbox. With software increasingly eating the world, a place for these kind of interactions is more important than ever. The fact that we get to do it in Aspen, well, that makes it all the better. Michal Lev-Ram is a senior writer at Fortune. Follow her on Twitter or reach her via email. Share this essay: http://for.tn/29zGvHs. Find past editions of Data Sheet.
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| | BITS AND BYTES | |
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| | Google gets more time to defend against antitrust charges. It has an extra six weeks to respond to the European Union's concerns about how the Android mobile operating system is licensed. (Fortune) It looks like Amazon's special Prime shopping day was disappointing. Early indications suggest sales were flat on Tuesday, compared with a similar promotion last summer. One reason could be the checkout problems that the e-commerce giant experienced early in the day. (Fortune, Fortune) Intel adds second woman to its board. Tsu-Jae King Liu is an electrical engineer and former Xerox researcher who holds more than 90 patents. (Fortune) Hey look, IBM is selling Microsoft tablets too. The deal is very similar to the arrangement between IBM and Apple. It covers co-development projects and entitles IBM's services arm to deploy the devices. (Business Insider) Tesla won't disable autopilot option. The electric car maker will double down on driver education in response to the fatal crash in May by a driver who was relying on its self-driving option. For example, it advises against using the feature at high speeds. (Fortune, Wall Street Journal) Toyota embraces open-source software. The automaker is joining Google, IBM, and several other tech companies as a member of a consortium dedicated to creating software that can be freely copied, altered, and distributed. (Fortune) Sen. Al Franken questions Pokemon Go privacy. He wants to the game's creator—Niantic, which was spun out of Google's parent company Alphabet last year—to explain why it's collecting so much sensitive user data. The developer is also being criticized for some of the locations it is reported to be hiding the virtual creatures, such as the Holocaust Museum in Washington, D.C. (Fortune, New York Times) The final day of Fortune Brainstorm Tech 2016 features interviews with Cisco CEO Chuck Robbins and PayPal CEO Dan Schulman. Plus, what four entrepreneurs learned from the late Bill "Coach" Campbell. Watch the livestream on Fortune.com. | |
| | THE DOWNLOAD | |
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| | Magic Leap wants the entire world to be your computer display. There aren't many things in the digital sphere that have created as much anticipation as Magic Leap, a company that has raised over $1 billion in venture funding for what it calls "mixed reality" technology—a technology only a few people have actually seen in action. The company's co-founder and CEO Rony Abovitz said Magic Leap can not merely create realistic-looking objects that users can interact with in the real world, but it can also allow for other kinds of behavior. Early applications are all games or entertainment, but the developer is also exploring business applications and commerce-related features. Read more coverage of the Magic Leap interview. Plus, here are five other Brainstorm Tech highlights:
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| | IN CASE YOU MISSED IT | |
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| | What Airbnb's CEO Learned From a Bitter Fight With His Hometown, by Jeff John Roberts Intel CEO Explains What Happened With That Donald Trump Fundraiser, by Barb Darrow Why GE Is Willing to Make Mistakes, by Heather Clancy Fixing Airbnb's Discrimination Problem Is Harder Than It Seems, by Kia Kokalitcheva Anyone Can Invest in a Startup, But Should You? by Patrick McGinnis How Google Is Quietly Benefiting From Pokemon Go's Success, by Don Reisinger You Can Now Schedule Instagram Posts Ahead of Time, by Michal Addady Yahoo's Patents Are a Pile of Junk, Report Says, by Jeff John Roberts Why Seagate's Stock Shot Up But Its Revenue Is Still Cratering, by Aaron Pressman | |
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| | ONE MORE THING | |
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| | What a loopy lawsuit. Hyperloop One co-founder Brogan BamBrogan, who left the company earlier this month, has sued the transportation technology startup for defamation, breach of contract, and wrongful termination. Among BamBrogan's eyebrow-raising allegations: Someone allegedly left a noose in his office after he aired some of Hyperloop's dirty laundry to investors. (Fortune, Wired) | |
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| | This edition of Data Sheet was edited by Fortune contributor Heather Clancy. | |
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