Nov
23

Incredible photos from the first Macy's Thanksgiving Day parade

Macy'sAround 3.5 million people attend the Macy's Thanksgiving parade in New York City every year. Fifty million more tune in to watch it from home.

Before it became the national spectacle it is today, the first parade in 1924 was a relatively modest assembly of Macy's workers, elephants, monkeys, camels, Broadway performers, and small floats.

Take a look at archive photos of Macy's first parade.


On Thanksgiving morning in 1924, Macy's procession launched as the Christmas Parade.

Macy's

Macy's was not the first company to have a parade like this. In 1920, Philadelphia’s Gimbel Brothers Department Store staged a Thanksgiving parade with 50 people, 15 cars, and a fireman dressed as Santa Claus.

The performers marched 6 miles, starting from the intersection of 145th Street and Convent Avenue in Upper Manhattan.

Corbis/Getty Images

Source: The New York Times

The parade featured elephants, monkeys, camels, and bears borrowed from the Central Park Zoo. Live animals made appearances for just two more parades after 1924.

Getty Images

Source: History

In 1927, Marionette maker Tony Frederick Sarg's large animal-shaped balloons replaced the animals. The first flying balloon, filled with air, was Felix the Cat. That year, the event was also renamed the Macy's Thanksgiving Parade.

A worker assembling the Felix the Cat balloon in 1927.AP

Source: Business Insider

In the first parade, some of the floats matched Macy's Christmas window display themes. The participants dressed up like characters from Mother Goose stories, including the Old Woman Who Lived in a Shoe, Little Miss Muffet, and Little Red Riding Hood.

Macy's

Macy's employees wore costumes to look like clowns, cowboys, and knights.

Getty Images/NY Daily News Archives

The company threw the parade to draw more holiday shoppers into New York's Macy's, which touted itself as the "world's largest department store" in 1924. It included 1 million square feet of retail space. (The store is only slightly larger today.)

Macy's

Source: Macy's

The last float, decorated like a sleigh, had a Santa Claus who waved to spectators.

Macy's

The parade ended at the Macy's store in Herald Square on 34th Street, where the Santa climbed a short ladder resting against a new Christmas window display called "The Fair Frolics of Wondertown." He drew a curtain to unveil it.

Macy's

The parade became an annual tradition.

A thank you note from Macy's published in The New York Times on November 28, 1924.Macy's/The New York Times Archives
Original author: Leanna Garfield

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Nov
23

There is no winning for marketers in the age of Trump, a divided America and the constant social media outrage loop

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Fox

There is no winning for brands in today's hyper-polarized and divisive environment, where the social media outrage cycle runs on a constant loop. Brands inevitably end up being perceived as political, whether they take outright stances or not. The solution is for brands to remain true to their own as well as their consumers values, say experts.


The outrage cycle has always been a constant feature of social media. But the pace, scale and extent of that outrage is now unprecedented, with marketers swiftly getting swept up in a swirl of discontent.

Just ask Keurig. The coffee company was one of the first brands to announce that it was pulling its ads on Fox News host Sean Hannity's show last weekend, following the host's interview on Friday with Roy Moore, in which critics argued that he was too easy on Moore.

Soon enough, many on the right were calling for Hannity's supporters to boycott Keurig, with some people going as far as to post videos of themselves smashing their Keurig coffee machines. And not long after, Keurig's CEO Bob Gamgort was backpedaling and apologizing for "taking sides."

Keurig is just the latest example of how the outrage cycle today runs on a loop. A marketers finds itself in the middle of a hot-button ideological issue – whether it asked to be there or not. There is backlash. And then there is counter-backlash to that backlash. Until another brand find itself in the thick of a similar maelstrom, and the cycle kickstarts all over again.

Basically, there is no winning for brands in today's hyper-polarized and divisive environment. Take a stand on a hot-button issue, and get pummeled by the conservatives. Or don't, and get roasted by the progressives. Markerters — already wary of entering the political fray — now find themselves are stuck between a rock and a hard place. Almost everything is a potential minefield.

A Catch-22 situation

"The social media sparring ushered in with the Trump era creates a Catch-22 for brands," John Barker, founder of ad agency Barker with clients such as Aston Martin and Bennigan's, told Business Insider. "It is very difficult to navigate the gauntlet that awaits regarding anything that appears to lean one way or another."

Brian Collins, co-founder and chief creative officer of brand strategy and design company Collins, agreed.

"Whether you are acting and choosing to be on your front foot about an issue, or reacting when you are involuntarily dragged into it, there is no escape," he said. "There are trapdoors and tripwires for brands in every direction."

Marketers for years have been told to join in on conversations on social media, align their values with those of their consumers and not be afraid to take stands. And many, from Starbucks and Airbnb to Nordstrom have risen up to the occasion. But increasingly, doing that means opening themselves up to backlash. 

When brands take seemingly political stances, they invite all kinds of risks that they’re not necessarily equipped to face. And with the likelihood of them being unwittingly caught in the middle of a social media crossfire only increasing, many brands have veered in the direction of insularity, or worse, back peddling. That's exactly what happened Keurig and Volvo this week.

"Brands are quietly and effectively keeping their commitments to the environment, diversity and immigration, under the radar, without a backlash. This will only continue," said Chris Allieri, principal of  Mulberry & Astor, a public relations, branding, and marketing agency. "Few brands have taken positions and stuck to them."

'Neutrality is not an option'

But being insular and retreating is hardly the solution, at least not in the long term. Corporate values play an increasingly large role in customers' shopping decisions today, and tying a brand to certain values is one way to differentiate, stand out from the crowd and create a passionate consumer base.

"There's no winning if you’re playing yesterday’s game," said Jay Porter, president at PR firm Edelman Chicago. "A lot of brands are trapped in the past, where they were apolitical and today, where they are expected to talk about social issues."

Some of the biggest brands including Levi's and Coca-Cola built their brands on the basis of being 'for everyone.' But today, "brands have to pick sides, neutrality is not an option." Collins said. "Not weighing in on everything is an option, but not weighing in on anything is not an option."

That is because brands don't just enter the conversations at their own behest. They can just as easily be dragged into the conversation by activists and trolls. In such a situation, the best thing to do is to be prepared and have relevant response protocols in place. So when something goes wrong, such as when the right starts smashing your products as was the case with Keurig, the reflex is not to panic and backtrack.

Don't cave in 

"Brands have to lean into shared values with their consumers and align those values with their internal stakeholders in order to respond to these situations," said Porter. "When brands are not aligned and redact or change their stances — that’s where activists and trolls lean in, because they small fear."

Brands have to live at the intersection of what's authentic to them and what's relevant to their consumers, said Collins.

"That is what will help tide over today's climate," he said. 

Original author: Business Insider

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Nov
23

So, what is machine learning anyways? Here's a quick breakdown

Sergei Karpukhin/Reuters

If you're keeping up to date on technology news, you're probably seeing references to machine learning everywhere, and for good reason: machine learning is an integral component of the way that computers process information. 

Machine learning is all around us, informing our day to day lives from the way we navigate Google maps right down to the way we check our inboxes. 

But what is it exactly, and when did it start being such a big deal?

Here's a quick explainer to get you up to date: 

 


There have been two especially important developments in the history of machine learning: the first began with artificial intelligence pioneer Arthur Samuel, who coined the term "machine learning" back in 1959.

Arthur Samuel sits at his computing checker machine.IBM

In 1959, MIT engineer Arthur Samuel described machine learning as a "Field of study that gives computers the ability to learn without being explicitly programmed." Samuel was busy creating his own computing machine: an autonomous checker program that he envisioned would someday beat the top world checker player champion. 

The other important development in machine learning? The internet.

Wikimedia Commons

The advent of the internet presented a trove of accumulated data. With so much information readily available, there seemed but one thing to do: figure out a way to organize it into meaningful patterns — one of machine learning's most integral roles.

Big data is the fundamental building block of machine learning.

Thomson Reuters

Big data, is, essentially, exactly what it's called: a ton of data. It's all of the information accrued by social media companies, search engines, and even microphones and cameras that are constantly collecting information. 

Algorithms sort through this vast collection of information so that technology can predict what we'll do next.

ShutterStock / spaxiax

Vast amounts of data inform machine learning algorithms, equipping technology with methods of predicting future patterns. These algorithms provide a way to forecast future behavior and anticipate forthcoming problems. 

One of the best-known examples of this is Amazon's suggested product feature. It reads your preferences and the buying habits of other people, and then recommends other products you might be interested in. 

 

Machine learning is all about sorting through those troves of collected information to discern patterns and predict new ones.

REUTERS/Remo Casilli

Machine learning differs from human learning, insofar as the machine only knows what you tell it: A computer can't express curiosity or make inferences.

For example, if you watch a lot of scifi movies on Netflix, you might find Stranger Things in your suggestion queue. But it's only a matter of math, based on Netflix's data alone —  if you've never told Netflix that you love documentaries, or rated one highly, the system will likely never show you one.

But current day iterations of machine learning have radically evolved since the 1600s. Today, machines can learn with only minimal human intervention.

Reuters/ Kai Pfaffenbach

Through machine learning, technologists have mimicked the way the human brain works by producing sophisticated systems called neural networks. In turn, neural networks enable deep learning, an outcome that has produced computer systems superseding human intelligence. 

 

Machine learning plays a key role in the development of artificial intelligence.

Denis Balibouse/Reuters

A.I. and machine learning are often conflated, but they're not the same thing. Artificial intelligence refers to a machine's ability to perform intelligent tasks, whereas machine learning refers to the automated process by which machines weed out meaningful patterns in data. Without machine learning, artificial intelligence as we know it wouldn't be possible.

 

There's plenty in store for the future of machine learning. Expect to see machine learning informing the development of virtual reality, the driverless car industry, and artificial intelligence.

Randy Shropshire/Getty

In many ways, machine learning is one of the most powerful forces in technology. Its development is shaping the forefront of the future in industries like artificial intelligence and driverless cars. 

Original author: Zoë Bernard

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Nov
23

Putting the “AI” in ThAInksgiving

 Welcome to Thanksgiving table talk circa 2017. It’s true that AI and machine learning are changing the world, and in a few years, it will be embedded in all of the technology in our lives. So maybe it makes sense to help folks at home better understand machine learning. After all, without deep knowledge of current tech, autonomous vehicles seem dangerous, Skynet is coming, and the… Read More

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Nov
23

Let’s talk about commercial drones at TechCrunch Disrupt Berlin

 Everyone loves drones, including companies with very specific needs. Drones once were the hot new thing and the perfect birthday gift. But drone makers are now realizing that there’s a bigger opportunity with commercial use cases, from farming to inspection. That’s why we’re excited to announce that three founders of three amazing companies in the drone industry will join us… Read More

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Nov
23

Mobile payment and loyalty platform Yoyo Wallet integrates with Starling Bank

 In another example of Starling Bank jumping on the Open Banking/PSD2 train before legislation in the U.K. and Europe next year will force banks to do so, it is launching its latest API partnership: this time with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform. Read More

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Nov
23

Indian home healthcare platform Portea Medical raises $26M Series C

 Portea Medical, one of India’s biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre Partners and MEMG CDC, with participation from returning investors Accel (which led Portea’s Series B two years ago), the World Bank Group’s International Finance Corporation and Qualcomm Ventures. Read More

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Nov
22

Snips lets you build your own voice assistant to embed into your devices

 French startup Snips is now helping you build a custom voice assistant for your device. Snips doesn’t use Amazon’s Alexa Voice Service or Google Assistant SDK — the company is building its own voice assistant so that you can embed it on your devices. And the best part is that it doesn’t send anything to the cloud as it works offline. If you want to understand how a… Read More

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Nov
22

Minted rolls out an on-demand photography service for around $100 per session

 When you go through a big life event — say a milestone birthday for a parent or a wedding — there are probably going to be a lot of mini-events that happen before and after the big one. But you might not think to hire a professional photographer for them and stick with a couple phone cameras because it can be tough to find those photographers. So Minted, a company that’s… Read More

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Nov
22

VCs Share Views of the Indian Startup Scene in Podcasts - Sramana Mitra

Entrepreneurs working out of India, or with an interest in India, can hear from some key players about their views of the Indian startup scene, India’s venture capital ecosystem and the India – US...

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Original author: Sramana Mitra

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Nov
02

Glint raises another $20M to help companies figure out how their employees really feel

According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. Cloud-based security and compliance solutions...

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Original author: Sramana_Mitra

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Nov
22

PacketZoom lands $5M Series A investment to speed up mobile apps

 PacketZoom, a startup that helps app developers speed up and optimize app delivery on mobile devices, announced a $5M Series A today. The round was led by Baseline Ventures with participation from First Round Capital, Tandem Capital and Arafura Ventures. Today’s investment brings the total raised to over $9M, according to Crunchbase. The company combines a content delivery network (CDN)… Read More

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Nov
22

Thought Leaders in Financial Technology: Currencycloud CEO Mike Laven (Part 3) - Sramana Mitra

Sramana Mitra: Very good. In your space, what are the trends and what are some open problems that you would point new entrepreneurs to look into? Mike Laven: If you send a million dollars from San...

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Original author: Sramana Mitra

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Nov
22

AppLovin scraps acquisition and takes debt financing instead

 The story of AppLovin‘s acquisition has taken another turn. We first reported that the mobile ad startup was in acquisition talks in August of last year, and the announcement came a month later: AppLovin would sell a majority stake Chinese private equity firm Orient Hontai Capital. Today, however, CEO Adam Foroughi revealed that the deal is (sort of) off. Instead of an outright… Read More

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Nov
21

Apple acquired augmented reality headset startup Vrvana for $30M

 As Apple reportedly ramps up work to ship an augmented reality headset in 2020, it has acquired a startup from Montreal, Canada that could help it get there. TechCrunch has learned that Apple has acquired Vrvana, maker of the Totem headset — which had rave reviews but never shipped. The deal was for around $30 million, two sources tell TechCrunch. We contacted Apple, and the… Read More

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Nov
02

Melonport and ICONOMI founders come to Disrupt Berlin to talk about the future of ICOs

 ADAY, a fresh entrant in the highly competitive world of direct-to-consumer fashion, has raised $2 million in new funding for its mission to simplify wardrobes with a line of durable, technical and chic womenswear. The company is the latest in an ever-expanding movement of startups that offer direct-to-consumer products for the fashion-conscious consumer. Read More

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Nov
21

Raden is betting sticker mania will stick in the physical world

 While smart suitcase startup Raden is inarguably a hardware company, they’ve decided to test the social waters by diving headfirst into the world of stickers. The company is launching a sticker store in their mobile app, which lets customers order physical stickers that once delivered can be can be affixed to their suitcases. The app lets you preview what the stickers will look like on… Read More

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Nov
21

Shadow upgrades its cloud computer for gamers and opens signups to everyone

 French startup Blade, the company behind Shadow, announced at a press conference that it is launching new offers, updating specifications and the ability to become a client and buy a subscription without any waiting list. Shadow is a gaming PC in the cloud for a monthly fee. The company has been running thousands of computers with an Intel Xeon processor and an Nvidia GTX 1070 in a data… Read More

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Nov
21

Teeth straightening startup Candid raises $15 million from Greycroft, Bessemer and others

 Candid, the dental startup that aims to straighten your teeth for less than the cost of braces and Invisalign, recently raised a $15 million Series A round led by Greycroft Partners, Bessemer Venture Partners, e.ventures and some existing investors. The plan is to use the funding to beef up Candid’s operations and grow its customer base, the company said in a press release. Read More

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Nov
21

Company raises $347K ICO, vanishes

 A company called Confido raised a small ICO by selling special CFD designed to allow “safe and trustless cryptocurrency payments. According to ICODrops they raised their goal of about $400,000 and quickly disappeared, taking the cash with it. The site is currently a parked web server that points to nothing. The apparent founder and former eBay employee, Joost van Doorn, posted a message to… Read More

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