Gossip Destiny: E-Commerce Minute

E-Commerce Minute: Friday -- June 3, 2016

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
Facebook AI Digs Deep Into User Content
Loyalty Failures
Uber Scores Historic $3.5B Saudi Investment
Rights Advocates Blast EU and Tech Firms' Hate Speech Code
Microsoft, Xiaomi Become Office Mates

Today's Story Highlights

Facebook AI Digs Deep Into User Content

Facebook on Wednesday introduced DeepText, an artificial intelligence-
fueled text analytics engine. "Text is a prevalent form of communication
on Facebook," wrote Facebook software engineers Ahmad Abdulkader, Aparna
Lakshmiratan and Joy Zhang in a post describing its capabilities.
"Understanding the various ways text is used on Facebook can help us
improve people's experiences with our products."
http://www.ecommercetimes.com/story/83573.html

Loyalty Failures

Software vendors and their business customers have tried many things to
increase customer loyalty, but they have been disappointed more often
than not. Rewards, delight, and daily deals were good ideas to help spur
customer loyalty. Unfortunately, they weren't enough to move the loyalty
needle in today's highly competitive markets. That's because rewards
programs often reward the wrong thing.
http://www.ecommercetimes.com/story/83571.html

Uber Scores Historic $3.5B Saudi Investment

Uber has nailed down a record $3.5 billion investment from the Saudi
Arabian Public Investment Fund -- the largest-ever investment in a
closely held technology firm. The investment is part of a deal that will
allow Uber to expand its Middle East operations. Yasir Al Rumayyan,
managing director of the fund, will take a seat on Uber's board of
directors.
http://www.ecommercetimes.com/story/83570.html

Rights Advocates Blast EU and Tech Firms' Hate Speech Code

Digital rights and free speech advocates are up in arms over Tuesday's
announcement of an agreement between the European Commission and four
leading U.S. social media firms -- Facebook, YouTube, Twitter and
Microsoft -- on a Code of Conduct designed to crack down on hate speech.
The companies have agreed to adopt a system that allows users to flag
illegal hate speech and incitement to violence.
http://www.ecommercetimes.com/story/83568.html

Microsoft, Xiaomi Become Office Mates

Microsoft on Tuesday announced plans to sell 1,500 mobile technology
patents to China-based Xiaomi, in a deal that will expand both
companies' access to new markets. Microsoft's office apps will gain a
stronger foothold in China, while Xiaomi's smartphones will gain a
stronger global presence. The agreement calls for Xiaomi to ship
Microsoft Office and Skype on its Android smartphones and tablets.
http://www.ecommercetimes.com/story/83565.html

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