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Technology
Letbe real — the latest batch of Samsung ads are more about the companyperception of Apple than its own devices. But hey, that tact has worked for the company in the past, so who can blame ‘em They do, however, offer at least one key bit of insight into the companyon-going plans.
In a spot titled &Dongle& that takes aim at the easiest possible joke in the smartphone world, Samsung takes Apple to task for the iPhone for its lack of headphone jack. A conversation ensues between a customer and Genius Bar employee, the term &double dongle& is coined and the former grimaces like someone just explained the plot of Human Centipede to him for the first time.
Again, the adless about what Samsung has, than what Apple doesn&t, but it does appear to reaffirm the companycommitment to the headphone jack. Granted, we&ve seen companies do about-faces on the issue before. The most notable instance is probably Google, who called Apple out one year and dropped the jack the next.
But releasing such an openly mocking ad a month or so before dropping the headphone jack would not, as the kids say, be a great look for the company. The inclusion of the port has been a selling point for Samsung ever since Apple dropped it way back in 2016 for the iPhone 6. Itan easy win for Samsung. All the company has to do is literally nothing.
And from the leaks we&ve seen of the Note 9, it appears that the 3.5mm will once again be returning.
Of course, what felt like an act of aggression to some two year back has become increasingly common amongst the competition. I&ve talked to a number of manufacturers who&ve retained the jack over the past two years, and nearly all have acknowledged that itsimply a matter of time before they go that route as well.
Ittough to say how much of the decision to keep the jack around is Samsung simply giving customers what they want, and how much is the company simply trying to distance itself from Apple. I suspect the truth lies somewhere in the middle. Samsung can continue to use its (admittedly pretty nice) wired AKG headphones as a selling point, while making all the &double dongle& jokes its hefty ad budget can support.
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Read more: Samsung is probably keeping the headphone jack around for the Galaxy Note 9
Write comment (97 Comments)Startup founders don&t usually pitch their ideas by admitting that they&re fixing something &boring,& but it seems to work for RevenueCat‘s Jacob Eiting.
In fact, Eiting alternately described his startup (which is part of the current class at accelerator Y Combinator) as handling &boring work& and solving a &boring problem.& RevenueCat helps developers manage their in-app subscriptions, which Eiting said &is just boring — developers don&t want to do it.&
And yet it can be crucial for their business. After all, Eiting and his co-founder Miguel Carranza both worked at brain training app Elevate (where Eiting was CTO and Carranza was director of engineering), and he said shifting Elevatebusiness model from one-off purchases to recurring subscriptions &saved the company.&
Eiting left Elevate more than a year ago, ultimately deciding to build a startup around &this weird skill I have.& RevenueCat offers an API that developers can use to support in-app subscriptions on iOS and Android,which means they don&t have to worry about all the nuances, bugs and updates in the way each platform handles subscriptions.
Eiting said this is the kind of thing that &holds a lot of companies back — maybe not forever, but itusually at a time when a company shouldn&t be worrying about this.&
The API also allows developers to bring all the data about their subscription business together in one place, across platforms. Ultimately, he wants to turn RevenueCat into a broader &revenue management platform,& allowing developers to try out strategies like offering different prices to different customer segments.
More broadly, Eiting suggested that subscriptions offer a way out of the current &race to the bottom in how software is sold& — particularly in mobile app stores, where many of us expect everything to be free or dirt cheap. Obviously, thatnot a great situation for someone hoping to make money by selling software, but Eiting pointed out that it can be bad for the consumer too, because it means the developer has less reason to support and update the app.
&Someone who pays for your 99-cent app once, they think they own your time,& he said. &You want to be helpful, you don&t want to let down a paid user, but your incentives aren&t really aligned.&
Subscriptions, even if they&re just for 99 cents a month, can re-align those incentives — Eiting has described this as a system of app patronage: &You want this thing to stay working, you need to pony up some money to developers.&
He also acknowledged that as more apps shift to this model, therea risk of subscription fatigue, which could lead to &maybe not a harsh backlash, but there might be a secondary correction.&
But in Eitingview, thatless a problem for individual developers and more for the mobile platforms. Those platforms, he said, should be building better tools for consumers to manage all their subscriptions in one place.
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Read more: YC-backed RevenueCat helps developers manage their in-app subscriptions
Write comment (94 Comments)Betsie Larkin spent the first ten years of her professional career as an EDM artist. She released two solo albums, toured five continents and worked with the likes of Armin van Buuren and Ferry Corsten. But after being constantly frustrated by shapewear she wore under her stage outfits, she felt compelled to try her hand at a new industry.
Thathow HoneyLove was born.
HoneyLove, backed by Y Combinator, aims to disrupt the traditional shapewear market by making an affordable, high-quality product that actually works.
In her research before starting HoneyLove, Larkin identified two big problems with shapewear. The first is that it tends to bunch up, causing constant readjustment, and the second is that it tends flatten out everything, even the curves people want to show off. Thatwhy Larkin developed HoneyLove Sculptwear.
HoneyLove uses supportive structures in side the seams of the garment, similar to the flexible boning used in old-school corsettes, and encases those structures in a soft channel of protective fabric. This simple enhancement ensures that the garment doesn&t bunch up around the legs or waistband.
HoneyLove also inserts its patent-pending BoostBands, made from a combination of compression fabric and a flat elastic panel, in the back of the legs of the garment to accentuate the natural curve between the bottom and the upper legs, according to Larkin.
The company manufactures at a gold-certified responsible (WRAP) factory that is dedicated to shapewear in the Guangdong province of China.
HoneyLove first started out on Kickstarter in February, and raised a whopping $300,000 in pre-orders after posting a $30,000 goal. The product is now available via the HoneyLove website for $89, which sits right in the middle of the larger market, where you can find cheap shapewear for as little as $35 and high-end shapewear for as much as $150.
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Read more: HoneyLove looks to reinvent shapewear
Write comment (95 Comments)Apple Business Chat, Apple new platform for allowing companies and brands to communicate with customers over iMessage, is expanding. In addition to Dish becoming the first TV provider to support Business Chat, Apple says it has also added four other brands, Aramak, Four Seasons, Harry - David, and American Express, in addition to five new technology platforms businesses can integrate with.
The platforms that now support Apple Business Chat include Cisco, eGain, Kipsu, Lithium and Quiq. They allow the brands to develop their Business Chat systems with a variety of features, integrate them with their own apps and services, track activity through reporting, and more.
The new brand partners represent a variety of use cases for Business Chat, from real-time ordering to shopping to general customer service.
As noted last week, Dish will now allows its pay TV customers to reach a live agent with their questions over iMessage, make account changes, schedule an appointment, and even order pay-per-view.
DISH on Apple Business Chat (PRNewsfoto/DISH Network Corporation)
Meanwhile, the Four Seasons will allow guests to search for any Four Season property and engage with &Four Seasons Chat,& a multi-lingual service that will connect guests with the hotelteam for any need.
Harry - David will help customers shop over Business Chat, by allowing them to ask questions about products and services and get help from a gift concierge. When customers are ready to buy, they can check out with Apple Pay & as they can with 1-800-Flowers, an existing Business Chat partner.
Aramak is piloting a 10-game &Brew2You& program atCitizens Bank Park, the home of thePhiladelphia Phillies. Fans will be able to scan a QR code on their seat back in three sections to order beer or water over iMessage, and have it delivered right to their seat.
And American Express is piloting a program for card members to allow them to get their account information, including their balance, payment due dates, and points balance over Business Chat. They&ll also be able to ask for a card replacement, dispute a charge, or get information about card benefit.
In addition to the five new brand partners, Business Chat also powered the official concierge service for the Cannes Lions festival in June, with LivePerson, notes Apple.
Launched into beta in March with the release of iOS 11.3, Business Chat offers companies an alternative to using social media platforms, like Facebook and Twitter, to reach their customers.
It arrives at a time when messaging is becoming an important means of addressing the needs of consumers, including the millennial audience, analysts claim.
According to Gartner, support requests over consumer messaging apps will exceed those coming in from social media by 2019. And Nielsen says that 56% of consumers prefer messaging to calling, with 67% expecting to message more over the next two years.
Research from Sapio says that63% of consumers cite satisfaction when reaching out to brands via messaging to resolve their issues. And digital natives (aka millennials) turn to direct messaging to first reach out to brands 40% of the time.
To some extent, businesses may prefer AppleBusiness Chat system, as it allows them to get closer to their customers & their chats live right in the same Messages app, alongside conversations the customer has with friends and family. Plus, they can brand their service as they like & like as Four Seasons is doing, for example & and keep their customers& data in-house, instead of making it available to a third-party like Facebook.
Plus, Business Chat can benefit from integrations with other macOS and iOS apps and features, including Spotlight Search, Siri, Apple Maps, and Safari, and can be added to brands& websites and apps.
However, itnot likely that businesses will drop social media-based customer service and support for Business Chat, so it becomes another platform for them to manage and support.
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Read more: Apple’s Business Chat signs up five more brands, more tech platforms
Write comment (99 Comments)SessionM announced a $23.8 million Series E investment led by Salesforce Ventures. A bushel of existing investors including Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield - Byers also contributed to the round. The company has now raised over $97 million.
At its core, SessionM aggregates loyalty data for brands to help them understand their customer better, says company co-founder and CEO Lars Albright. &We are a customer data and engagement platform that helps companies build more loyal and profitable relationships with their consumers,& he explained.
Essentially that means, they are pulling data from a variety of sources and helping brands offer customers more targeted incentives, offers and product recommendations &We give [our users] a holistic view of that customer and what motivates them,& he said.
Screenshot: SessionM (cropped)
To achieve this, SessionM takes advantage of machine learning to analyze the data stream and integrates with partner platforms like Salesforce, Adobe and others. This certainly fits in with Adobegoal to build a customer service experience system of record and Salesforceacquisition of Mulesoft in March to integrate data from across an organization, all in the interest of better understanding the customer.
When it comes to using data like this, especially with the advent of GDPR in the EU in May, Albright recognizes that companies need to be more careful with data, and that it has really enhanced the sensitivity around stewardship for all data-driven businesses like his.
&We&ve been at the forefront of adopting the right product requirements and features that allow our clients and businesses to give their consumers the necessary control to be sure we&re complying with all the GDPR regulations,& he explained.
The company was not discussing valuation or revenue. Their most recent round prior to todayannouncement, was a Series D in 2016 for $35 million also led by Salesforce Ventures.
SessionM, which was founded in 2011, has around 200 employees with headquarters in downtown Boston. Customers include Coca-Cola, L&Oreal and Barney&s.
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Read more: SessionM customer loyalty data aggregator snags $23.8 M investment
Write comment (100 Comments)Cogito announced a $37 million Series C investment today led by Goldman Sachs Growth Equity. Previous investors Salesforce Ventures and OpenView also chipped in.Mark Midle of Goldman Sachs& Merchant Banking Division, has joined CogitoBoard of Directors
The company has raised over $64 million since it emerged from the MIT Human Dynamics Lab back in 2007 trying to use the artificial intelligence technology available at the time to understand sentiment and apply it in a business context.
While it took some time for the technology to catch up with the vision, and find the right use case, company CEO and founder Joshua Feast says today they are helping customer service representatives understand the sentiment and emotional context of the person on the line and give them behavioral cues on how to proceed.
&We sell software to very large software, premium brands with many thousands of people in contact centers. The purpose of our solution is to help provide a really wonderful service experience in moments of truth,& he explained. Anyone who deals with a large companycustomer service has likely felt there is sometimes a disconnect between the person on the phone and their ability to understand your predicament and solve your problem.
Cogito in action giving customer service reps real-time feedback.
He says using his companysolution, which analyzes the contents of the call in real time, and provides relevant feedback, the goal is to not just complete the service call, but to leave the customer feeling good about the brand and the experience. Certainly a bad experience can have the opposite effect.
He wants to use technology to make the experience a more human interaction and he recognizes that as an organization grows, layers of business process make it harder for the customer service representative to convey that humanity. Feast believes that technology has helped create this problem and it can help solve it too.
While the company is not talking about valuation or specific revenue at this point, Feast reports that revenue has grown 3X over the last year. Among their customers are Humana and Metlife, two large insurance companies, each with thousands of customer service agents.
Cogito is based in downtown Boston with 117 employees at last count, and of course they hope to use the money to add on to that number and help scale this vision further.
&This is about scaling our organization to meet clientneeds. Italso about deepening what we do. In a lot of ways, we are only scratching the surface [of the underlying technology] in terms of how we can use AI to support emotional connections and help organizations be more human,& Feast said.
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Read more: Cogito scores $37M as AI-driven sentiment analysis biz grows
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