Feels like a home away from home. Microsoft acquires AI-powered scheduling service Genee, to be shut down and merged with Office ... 'Software is eating the world': How robots, drones and artificial intelligence will change everything

Online CRM and enterprise applications provider Salesforce.com has been snapping up different companies, small and large, in a series of acquisitions over the past nine months. The deals have added a range of capabilities to the company's existing portfolio, including cloud-based word processing, quote-price-configure software, and e-commerce. But most of the acquisitions focus on analytics, machine learning, and deep learning. CEO Marc Benioff has said that enterprise software and other systems that can analyze data and recommend the right course of action (that is, smarter and more predictive software) will shape the future of business software. At a Forbes CIO event in March, Benioff said, "This will be the huge shift going forward, which is that everybody wants systems that are smarter. Everybody wants systems that are more predictive, everybody wants everything scored, everybody wants to understand what's the next best offer, next best opportunity, how to make things a little bit more efficient."

Microsoft has acquired Genee, a startup that provided a virtual assistant for scheduling appointments. The deal, announced Tuesday, will bring the Genee team into the Microsoft fold and put them to work on bringing intelligence into Office 365. Genee's service lets users loop in an artificial intelligence assistant that could interpret sentences like "set up lunch at some point this week" and turn them into calendar appointments. Acquiring Genee is part of Microsoft's ongoing crusade to build intelligent productivity software and services using AI. The company has focused on that area under the tenure of CEO Satya Nadella, with features like Office Delve, which finds documents shared within an organization that are relevant to a user, and Focused Inbox in Outlook, which filters unimportant email into a separate tab so it's not cluttering a user's experience. The Genee service will be shutting down on Sept. 1 as part of the deal.

Feels like a home away from home. Microsoft acquires AI-powered scheduling service Genee, to be shut down and merged with Office ... 'Software is eating the world': How robots, drones and artificial intelligence will change everything

Microsoft acquires AI-powered scheduling service Genee, to be shut down and merged with Office ... 'Software is eating the world': How robots, drones and artificial intelligence will change everything

Microsoft acquires AI-powered scheduling service Genee, to be shut down and merged with Office ... 'Software is eating the world': How robots, drones and artificial intelligence will change everything

Hadoop distributor MapR has raised a new round of funding and may be preparing for an IPO next year, Salesforce acquires analytics startup BeyondCore, Coursera releases a new data analytics course together with PwC, and Apple CEO Tim Cook provided some illumination on how his company regards artificial intelligence (AI). We've got all the highlights in this Big Data Roundup for the week ending Aug. 21, 2016. Let's start with the news from Hadoop distributor MapR. The company recently announced that it has raised a round of equity financing worth 50 million, and provided a few select details about its financial performance. MapR is still a privately held company, so it can choose what to disclose and what not to disclose.

Welcome to the Applied Materials Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards you will be invited to participate in a question-and-answer session. As a reminder, this conference is being recorded. I'd now like to turn the conference over to Michael Sullivan, Vice President of Investor Relations. In a moment, we'll discuss the results for our third quarter which ended on July 31. Joining me are Gary Dickerson, our President and CEO; and Bob Halliday, our Chief Financial Officer. Before we begin, let me remind you that today's call contains forward-looking statements including Applied's current view of its industries, performance, products, share positions, profitability and business outlook. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, and are not guarantees of future performance.

Microsoft's recent purchase of LinkedIn for a reported 26.2 billion may be the biggest acquisition news so far in 2016. But Twitter is betting that its own recent acquisition of Magic Pony Technology – a neural networks/machine learning company – for a mere 150 million will pay big dividends down the stretch. Commenting on the acquisition in a recent Twitter blog, Twitter CEO and co-founder Jack Dorsey said, "Machine learning is increasingly at the core of everything we build at Twitter." Dorsey went on to say that, "Magic Pony's machine learning technology will help us build strength into our deep learning teams with world-class talent, so Twitter can continue to be the best place to see what's happening and why it matters, first. We value deep learning research to help make our world better, and we will keep doing our part to share our work and learnings with the community." Magic Pony Technology is the third machine-learning startup that Twitter has acquired since Madbits in 2014, which begs the question: Why is Twitter so heavily focused on machine learning?

Uber said it will acquire Otto, a startup focused on autonomous trucks, in a move that'll diversify its self-driving vehicle ambitions and potentially bolster its bottom line. The Internet of Things is creating serious new security risks. We examine the possibilities and the dangers. Otto's co-founder is Anthony Levandowski, a former Google engineer. Uber today is focused on being a marketplace for rides via drivers operating in the gig economy.