Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics

Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan. The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee. “The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement. “This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hi


Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan. The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee. “The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement. “This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hi
Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: anmar frangoul, alessandro di ciommo, nurphoto, getty images
Keywords: news, cnbc, companies, toyota, visitors, olympics, robot, going, technology, robots, tokyo, built, games, hirukawa, wheelchairsthe, week, help, 2020


Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics

Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan.

The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee.

Robots developed by the Toyota Motor Corporation will assist spectators in a range of tasks, from carrying food and other items to showing people to their seats and providing information on events.

The robots will also aid visitors in wheelchairs.

“The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement.

“This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hirukawa added.

The Tokyo Olympic Games are set to take place from July 24 to August 9 2020, while the Tokyo Paralympic Games will start on August 25 and finish on September 6 2020.

Follow CNBC International on Twitter and Facebook.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: anmar frangoul, alessandro di ciommo, nurphoto, getty images
Keywords: news, cnbc, companies, toyota, visitors, olympics, robot, going, technology, robots, tokyo, built, games, hirukawa, wheelchairsthe, week, help, 2020


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Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics

Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan. The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee. “The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement. “This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hi


Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan. The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee. “The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement. “This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hi
Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: anmar frangoul, alessandro di ciommo, nurphoto, getty images
Keywords: news, cnbc, companies, toyota, visitors, olympics, robot, going, technology, robots, tokyo, built, games, hirukawa, wheelchairsthe, week, help, 2020


Robots built by Toyota are going to help visitors at the Tokyo 2020 Olympics

Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan.

The plan to use robotic technology was unveiled at the end of last week by the games’ organizing committee.

Robots developed by the Toyota Motor Corporation will assist spectators in a range of tasks, from carrying food and other items to showing people to their seats and providing information on events.

The robots will also aid visitors in wheelchairs.

“The Tokyo 2020 Games are a unique opportunity for us to display Japanese robot technology,” Hirohisa Hirukawa, the Tokyo 2020 Robot Project’s leader, said in a statement.

“This project will not simply be about exhibiting robots, but showcasing their practical real-life deployment helping people,” Hirukawa added.

The Tokyo Olympic Games are set to take place from July 24 to August 9 2020, while the Tokyo Paralympic Games will start on August 25 and finish on September 6 2020.

Follow CNBC International on Twitter and Facebook.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: anmar frangoul, alessandro di ciommo, nurphoto, getty images
Keywords: news, cnbc, companies, toyota, visitors, olympics, robot, going, technology, robots, tokyo, built, games, hirukawa, wheelchairsthe, week, help, 2020


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Huawei built software for smartphones and laptops in case it can’t use Microsoft or Google products

Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday. The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets. “We have prepared our own operating system. Should it ever happen that we can no longer use these


Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday. The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets. “We have prepared our own operating system. Should it ever happen that we can no longer use these
Huawei built software for smartphones and laptops in case it can’t use Microsoft or Google products Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, benjamin hall
Keywords: news, cnbc, companies, cant, system, spokesperson, love, case, using, operating, yu, software, systems, huawei, built, laptops, google, products, prepared, microsoft, smartphones


Huawei built software for smartphones and laptops in case it can't use Microsoft or Google products

Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday.

The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets.

Richard Yu, the CEO of Huawei’s consumer division, told German publication Die Welt in a recent interview, that the company had a back-up operating system, if for some reason, it was blocked from using American-made software.

“We have prepared our own operating system. Should it ever happen that we can no longer use these systems, we would be prepared,” Yu said, according to a translation of the original German text.

“That’s our plan B. But of course we prefer to work with the ecosystems of Google and Microsoft.”

Yu’s comments were confirmed to CNBC by a Huawei spokesperson on Friday who said the back-up systems would only be used in “extenuating circumstances” and were “there for basic business continuity in a worst-case scenario.”

“We don’t expect to use them and to be honest, we don’t want to use them. We fully support our partners’ operating systems — we love using them and our customers love using them,” the spokesperson said.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, benjamin hall
Keywords: news, cnbc, companies, cant, system, spokesperson, love, case, using, operating, yu, software, systems, huawei, built, laptops, google, products, prepared, microsoft, smartphones


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For homebuilders, ‘the next few months are big’

Sales of newly built homes fell sharply in January, down nearly 7 percent month to month and down 4 percent compared with January 2018, according to the U.S. Census. “Now with the latter seeing relief, the next few months are big in measuring the state of the industry and consumer taste for big-ticket, life-altering decisions.” The supply of newly built homes also rose to a three-month high, and analysts report a growing number of so-called “spec” homes, or homes being built without buyers. As s


Sales of newly built homes fell sharply in January, down nearly 7 percent month to month and down 4 percent compared with January 2018, according to the U.S. Census. “Now with the latter seeing relief, the next few months are big in measuring the state of the industry and consumer taste for big-ticket, life-altering decisions.” The supply of newly built homes also rose to a three-month high, and analysts report a growing number of so-called “spec” homes, or homes being built without buyers. As s
For homebuilders, ‘the next few months are big’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: diana olick, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, rates, mortgage, buyers, homebuilders, sales, months, price, homes, newly, built, builders, according, big


For homebuilders, 'the next few months are big'

Builders claim they’re feeling better about their business, but the sales numbers are still not reflecting that. So all eyes are on the spring market, which could determine the fate of both the stocks and the earnings of the biggest builders.

Sales of newly built homes fell sharply in January, down nearly 7 percent month to month and down 4 percent compared with January 2018, according to the U.S. Census. This was a surprise, as builder sentiment jumped in January, according to the National Association of Home Builders.

“We all know that the pace of housing transactions has slowed to no growth as high home prices combined with higher mortgage rates froze behavior,” said Peter Boockvar, chief investment officer at Bleakley Advisory Group. “Now with the latter seeing relief, the next few months are big in measuring the state of the industry and consumer taste for big-ticket, life-altering decisions.”

The average rate on the 30-year fixed mortgage jumped more than 5 percent in November but fell back in December. It continued falling in January and has now settled around 4.5 percent, according to Mortgage News Daily. Mortgage applications to purchase a home, however, are basically flat compared with a year ago, according to the Mortgage Bankers Association. Sales of existing homes appear to be picking up, but new homes come at a price premium, and today’s buyers are already stretched financially.

The price of a newly built home sold in January did decline 3.8 percent, but that was more due to a shift in the mix of homes selling, not builders reducing prices. About 37 percent of sales were of homes just below the median price, a far greater share than a year ago, when only 27 percent of sales were below the median.

“Although existing home buyers are capitalizing on the recent decline in mortgage rates, it didn’t spark buyer interest in new homes in January,” said Danielle Hale, chief economist for Realtor.com. “Given the rising cost pressures builders are facing, this could suggest continued difficulty for new homes and new construction ahead.”

The supply of newly built homes also rose to a three-month high, and analysts report a growing number of so-called “spec” homes, or homes being built without buyers. During the housing crash, builders were only building homes that already had buyers under contract. As sales weaken, builders could be sitting on more unsold homes, which will cost them in both taxes and maintenance.

The data on new home sales is volatile, according to the Census itself, and a three-month average puts sales at the highest level since June. Both sales and construction, however, are well below historical norms, and demand has been incredibly sensitive recently to interest rates. While builders report strong expectations for sales over the next six months, they are also reporting disappointing buyer traffic through their model homes.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: diana olick, daniel acker, bloomberg, getty images
Keywords: news, cnbc, companies, rates, mortgage, buyers, homebuilders, sales, months, price, homes, newly, built, builders, according, big


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Bugatti unveils the most expensive new car ever built

Bugatti, the French sports car brand that is now owned by German automaker Volkswagen, has revealed the most expensive new car ever built. With a sale price of 16.7 million euros ($19 million), the Bugatti La Voiture Noire was publicly debuted Tuesday at the Geneva International Motor Show in Switzerland. Only one example of the model has been built and was developed to mark Bugatti’s 110th anniversary. The new owner hasn’t been revealed but several industry reports suggest that former Volkswage


Bugatti, the French sports car brand that is now owned by German automaker Volkswagen, has revealed the most expensive new car ever built. With a sale price of 16.7 million euros ($19 million), the Bugatti La Voiture Noire was publicly debuted Tuesday at the Geneva International Motor Show in Switzerland. Only one example of the model has been built and was developed to mark Bugatti’s 110th anniversary. The new owner hasn’t been revealed but several industry reports suggest that former Volkswage
Bugatti unveils the most expensive new car ever built Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: david reid, source, michael cole, corbis sport, getty images
Keywords: news, cnbc, companies, volkswagen, bugatti, suggest, car, unveils, million, built, voiture, switzerlandonly, bugattis, revealed, type, expensive


Bugatti unveils the most expensive new car ever built

Bugatti, the French sports car brand that is now owned by German automaker Volkswagen, has revealed the most expensive new car ever built.

With a sale price of 16.7 million euros ($19 million), the Bugatti La Voiture Noire was publicly debuted Tuesday at the Geneva International Motor Show in Switzerland.

Only one example of the model has been built and was developed to mark Bugatti’s 110th anniversary.

The company said the six-tailpipe “hypercar” represents the pinnacle of Bugatti’s production line. The 8-liter engine has 16 cylinders and 1500 brake horse power.

The new owner hasn’t been revealed but several industry reports suggest that former Volkswagen Group chairman Ferdinand Piech has added it to his collection of high-end cars.

Bugatti says the car is “more than a modern interpretation” of Jean Bugatti’s Type 57 SC Atlantic, of which only four were ever made.


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: david reid, source, michael cole, corbis sport, getty images
Keywords: news, cnbc, companies, volkswagen, bugatti, suggest, car, unveils, million, built, voiture, switzerlandonly, bugattis, revealed, type, expensive


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Stamps.com threw USPS under the bus and cratered 50% because it’s betting big on Amazon shipping

Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. “What they’ve done is they’ve built their network from scratch, and they’ve


Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. “What they’ve done is they’ve built their network from scratch, and they’ve
Stamps.com threw USPS under the bus and cratered 50% because it’s betting big on Amazon shipping Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: sara salinas, mike kane, bloomberg, getty images, peter macdiarmid
Keywords: news, cnbc, companies, postal, betting, requirement, bus, industry, shipping, threw, cratered, built, stampscom, usps, ecommerce, theyve, 50, amazon, big


Stamps.com threw USPS under the bus and cratered 50% because it's betting big on Amazon shipping

Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics.

The company revealed Thursday it revoked the exclusivity stipulation of its deal with USPS, ultimately spurring the complete termination of its partnership. And it championed Amazon’s foray into the shipping space, as reported in an SEC filing earlier this month.

“Amazon’s track record of disrupting an industry is well-established. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. “We are setting our corporate strategy assuming Amazon will be a big global player in shipping.”

It’s a big bet on Amazon, and has so far dented Stamps.com stock. Shares plummeted more than 50 percent in extended trading and opened Friday more than $100 off the stock’s Thursday closing price of $198.08 per share.

The move is a boon for Amazon. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. A major partner of a government-run incumbent jumping ship suggests Amazon could make necessary inroads.

“Amazon is the powerhouse, the gorilla in e-commerce. And so we need to work with Amazon and really everybody needs to work with Amazon,” McBride said. “What they’ve done is they’ve built their network from scratch, and they’ve built it in the last few years, and they’ve built it with e-commerce in mind. And a lot of the other carriers have networks that are much older.”

Amazon has built a system centered around e-commerce and agile delivery, McBride said. In guaranteeing two-day shipping, Amazon has set a standard that traditional shippers now have to match. USPS, he said, isn’t capable of doing so:

While USPS is officially an independent organization that is supported by its own revenue from mail and packages, it has many rules and regulations and governmental requirements that do not allow its flexibility to react to business trends as rapidly as it needs to do in order to keep up with the rapid pace of change in e-commerce. The USPS continues to report significant financial losses, including a loss of $1.5 billion in a most recently reported quarter. The USPS is hamstrung by the very large financial burden placed on them from the unreasonable requirement implemented in the 2006 Postal Accountability and Enhancement Act that they pre-fund – the requirement is that they pre-fund retiree health benefits to the tune of more than $5.5 billion each year. The USPS also has a significant financial burden in its requirement to support over 600,000 postal retirees that receive health and pension benefits. The USPS has oversight by Congress, oversight by the Postal Regulatory Commission and by its own Board of Governors and all of these organizations have approval rights on various aspects of everything the USPS does. One of the critical aspects in today’s very dynamic e-commerce industry is how quickly new products can come to market and how quickly an organization can make adjustments. All of these oversight bodies slow that process down for the USPS dramatically.

WATCH: Amazon is so much more than online shopping — here’s how big its become


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: sara salinas, mike kane, bloomberg, getty images, peter macdiarmid
Keywords: news, cnbc, companies, postal, betting, requirement, bus, industry, shipping, threw, cratered, built, stampscom, usps, ecommerce, theyve, 50, amazon, big


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Stamps.com threw USPS under the bus and cratered 50% because it’s betting big on Amazon shipping

Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. “What they’ve done is they’ve built their network from scratch, and they’ve


Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. “What they’ve done is they’ve built their network from scratch, and they’ve
Stamps.com threw USPS under the bus and cratered 50% because it’s betting big on Amazon shipping Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: sara salinas, mike kane, bloomberg, getty images, peter macdiarmid
Keywords: news, cnbc, companies, postal, betting, requirement, bus, industry, shipping, threw, cratered, built, stampscom, usps, ecommerce, theyve, 50, amazon, big


Stamps.com threw USPS under the bus and cratered 50% because it's betting big on Amazon shipping

Stamps.com threw USPS under the bus, dissolving the companies’ longtime partnership, because it’s betting big on Amazon’s success in shipping and logistics.

The company revealed Thursday it revoked the exclusivity stipulation of its deal with USPS, ultimately spurring the complete termination of its partnership. And it championed Amazon’s foray into the shipping space, as reported in an SEC filing earlier this month.

“Amazon’s track record of disrupting an industry is well-established. So their threat should be taken very seriously by every player in the shipping industry,” CEO Ken McBride said on the company’s earnings call Thursday. “We are setting our corporate strategy assuming Amazon will be a big global player in shipping.”

It’s a big bet on Amazon, and has so far dented Stamps.com stock. Shares plummeted more than 50 percent in extended trading and opened Friday more than $100 off the stock’s Thursday closing price of $198.08 per share.

The move is a boon for Amazon. The e-retailer faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry. A major partner of a government-run incumbent jumping ship suggests Amazon could make necessary inroads.

“Amazon is the powerhouse, the gorilla in e-commerce. And so we need to work with Amazon and really everybody needs to work with Amazon,” McBride said. “What they’ve done is they’ve built their network from scratch, and they’ve built it in the last few years, and they’ve built it with e-commerce in mind. And a lot of the other carriers have networks that are much older.”

Amazon has built a system centered around e-commerce and agile delivery, McBride said. In guaranteeing two-day shipping, Amazon has set a standard that traditional shippers now have to match. USPS, he said, isn’t capable of doing so:

While USPS is officially an independent organization that is supported by its own revenue from mail and packages, it has many rules and regulations and governmental requirements that do not allow its flexibility to react to business trends as rapidly as it needs to do in order to keep up with the rapid pace of change in e-commerce. The USPS continues to report significant financial losses, including a loss of $1.5 billion in a most recently reported quarter. The USPS is hamstrung by the very large financial burden placed on them from the unreasonable requirement implemented in the 2006 Postal Accountability and Enhancement Act that they pre-fund – the requirement is that they pre-fund retiree health benefits to the tune of more than $5.5 billion each year. The USPS also has a significant financial burden in its requirement to support over 600,000 postal retirees that receive health and pension benefits. The USPS has oversight by Congress, oversight by the Postal Regulatory Commission and by its own Board of Governors and all of these organizations have approval rights on various aspects of everything the USPS does. One of the critical aspects in today’s very dynamic e-commerce industry is how quickly new products can come to market and how quickly an organization can make adjustments. All of these oversight bodies slow that process down for the USPS dramatically.

WATCH: Amazon is so much more than online shopping — here’s how big its become


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: sara salinas, mike kane, bloomberg, getty images, peter macdiarmid
Keywords: news, cnbc, companies, postal, betting, requirement, bus, industry, shipping, threw, cratered, built, stampscom, usps, ecommerce, theyve, 50, amazon, big


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How Google’s ‘best app of 2018’ was built off the back of a failed project

In 2018, language learning app Drops was named Google’s “best app of 2018,” surpassed 10 million downloads, and saw revenue increase fivefold. The app claims users can learn a new language — it currently offers more than 30 — with minimal time and commitment. “Being European I realized quickly that speaking more than one language was the key to the global marketplace,” the Hungarian entrepreneur said. Users of Drops learn by associating images with words in a gaming format, but the platform does


In 2018, language learning app Drops was named Google’s “best app of 2018,” surpassed 10 million downloads, and saw revenue increase fivefold. The app claims users can learn a new language — it currently offers more than 30 — with minimal time and commitment. “Being European I realized quickly that speaking more than one language was the key to the global marketplace,” the Hungarian entrepreneur said. Users of Drops learn by associating images with words in a gaming format, but the platform does
How Google’s ‘best app of 2018’ was built off the back of a failed project Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: chloe taylor
Keywords: news, cnbc, companies, best, 2018, learn, failed, really, trying, farkas, app, language, decided, users, built, googles, realized, project, drops


How Google's 'best app of 2018' was built off the back of a failed project

In 2018, language learning app Drops was named Google’s “best app of 2018,” surpassed 10 million downloads, and saw revenue increase fivefold.

The app claims users can learn a new language — it currently offers more than 30 — with minimal time and commitment.

But according to co-founder and CEO Daniel Farkas, it took a huge failure to put him on the right track to building a successful platform.

“Being European I realized quickly that speaking more than one language was the key to the global marketplace,” the Hungarian entrepreneur said.

Farkas’ idea for an app stemmed from his own experience of trying to learn a language as quickly as possible, when he noticed a gap in the market for a quick-fix solution. Eventually, he and co-founder Mark Szulyovszky developed LearnInvisible — but although the app had all the tools required to learn a new language, users were bored and didn’t commit for long enough to learn anything.

“We had to learn the hard way that our first baby was a bit ugly. It was really hard,” Farkas told CNBC. “But we’re really conscious of our mistakes and have spent a lot of time analyzing what went wrong — we realized that effectiveness alone is not enough. With LearnInvisible, people just didn’t come back after trying it. So we decided to start from scratch.”

The co-founders decided to incorporate all of the educational effectiveness of Learn Invisible with a more engaging concept, and launched Drops in 2015.

“We basically decided to build a game, but this is a game with a more noble purpose,” Farkas said. “Boredom is the learner’s enemy, so we have a lot of focus on visuals — we are obsessed with design and wanted to build a beautiful design.”

They were also mindful of knowing an app’s limitations. Users of Drops learn by associating images with words in a gaming format, but the platform doesn’t delve into the complicated depths of individual languages.

“Drops focuses on vocabulary because we want to do one thing really well — we don’t offer a whole menu of language knowledge, such as grammar,” Farkas explained. “We do not believe an app is able to get you to fluency — acquiring all of that knowledge best done by practicing with a teacher. And we are not filling the teacher’s role.”


Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: chloe taylor
Keywords: news, cnbc, companies, best, 2018, learn, failed, really, trying, farkas, app, language, decided, users, built, googles, realized, project, drops


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Toys R Us built a kingdom and the world’s biggest toy store. Then, they lost it.

Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. In its heyday in th


Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. In its heyday in th
Toys R Us built a kingdom and the world’s biggest toy store. Then, they lost it. Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-26  Authors: lauren hirsch, eduardo munoz, jacques m chenet, corbis, getty images, scott mlyn, peter foley, bloomberg, jason alden
Keywords: news, cnbc, companies, written, toy, biggest, toys, worlds, built, went, store, lost, stores, lazarus, world, week, kingdom, important


Toys R Us built a kingdom and the world's biggest toy store. Then, they lost it.

The toy emporium that Charles P. Lazarus envisioned has been reduced to dusty floors and empty shelves.

Much has been said about the demise of the toy empire, which this week announced its plan to liquidate. There have been fingers pointed at corporate raiders, Amazon and big-box stores. All contributed to its undoing.

Ultimately, though, Toys R Us’ collapse is a story of loyalty run dry. The store in its early days fostered devotion from customers and toymakers. In the end, it lost hold on both.

Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. It didn’t invest in its stores, even as it was adding to the fleet, leaving it vulnerable when new competition moved in.

The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. By 1978, he had created a toy superstore large enough to become a public company.

In its heyday in the 1980s and 1990s, it was the most important toy store in the country, if not the world. Its strength grew as competitors Kiddie City and Child World went out of business.


Company: cnbc, Activity: cnbc, Date: 2019-01-26  Authors: lauren hirsch, eduardo munoz, jacques m chenet, corbis, getty images, scott mlyn, peter foley, bloomberg, jason alden
Keywords: news, cnbc, companies, written, toy, biggest, toys, worlds, built, went, store, lost, stores, lazarus, world, week, kingdom, important


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Microsoft built a stylus for students as it goes aggressively after education market

Microsoft is taking the market so seriously that it’s just created a stylus specifically for students. The device was designed with a student’s needs in mind, part of Microsoft’s effort to stave off threats from the likes of Apple and Google in the education market. The stylus is shorter and wider than Microsoft’s current Surface Pen, the tip is more durable, and it has fewer moving parts. Microsoft’s hardware team spent time with students in classrooms as they developed the product, said Eran M


Microsoft is taking the market so seriously that it’s just created a stylus specifically for students. The device was designed with a student’s needs in mind, part of Microsoft’s effort to stave off threats from the likes of Apple and Google in the education market. The stylus is shorter and wider than Microsoft’s current Surface Pen, the tip is more durable, and it has fewer moving parts. Microsoft’s hardware team spent time with students in classrooms as they developed the product, said Eran M
Microsoft built a stylus for students as it goes aggressively after education market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-22  Authors: jordan novet, mark kauzlarich, bloomberg, getty images, magdalena petrova
Keywords: news, cnbc, companies, designed, megiddo, consumers, microsoft, education, market, surface, aggressively, microsofts, goes, students, pen, stylus, built


Microsoft built a stylus for students as it goes aggressively after education market

The classroom has emerged as a battleground among big tech companies, which are looking to get their gadgets and apps in the hands of the next generation of consumers and developers.

Microsoft is taking the market so seriously that it’s just created a stylus specifically for students. The Microsoft Classroom Pen, introduced Tuesday, is designed to work on the smaller Surface Go tablet, but is compatible with other Surface devices, as well as certain Windows PCs from other manufacturers.

The device was designed with a student’s needs in mind, part of Microsoft’s effort to stave off threats from the likes of Apple and Google in the education market. The stylus is shorter and wider than Microsoft’s current Surface Pen, the tip is more durable, and it has fewer moving parts. There’s even a slot for tethering it to a PC, so it’s less likely to get lost.

Microsoft’s hardware team spent time with students in classrooms as they developed the product, said Eran Megiddo, the company’s corporate vice president for education, in an interview.

“They are the future as far as leaders, employees and consumers,” Megiddo said of students. “They’re definitely the ones that are adopting technology the quickest.”


Company: cnbc, Activity: cnbc, Date: 2019-01-22  Authors: jordan novet, mark kauzlarich, bloomberg, getty images, magdalena petrova
Keywords: news, cnbc, companies, designed, megiddo, consumers, microsoft, education, market, surface, aggressively, microsofts, goes, students, pen, stylus, built


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