Friday, December 19, 2014

Robo-Advisers Now Manage 21% More Money Than They Did 5 Months Ago

Source: http://www.businessinsider.com/robo-adviser-growth-2014-12

robot hugs costume

In July, research and consulting firm Corporate Insight presented an impressive number: $15.7 billion.

That was the amount of money managed by the online investment platforms known as robo-advisers.

By once again analyzing 11 leaders in the field this December, Corporate Insight has determined that since its last analysis, these robo-advisers have taken more than another $3 billion under management for a total of nearly $19 billion.

This number represents a 21% increase since July, and a 65% increase since the first time the data was collected in April.

"The continued growth of the newcomers and the recent actions of the major players prove that online advice is not a fleeting fad," Corporate Insight analyst Grant Easterbrook wrote in an email to Business Insider. "Human advisers must realize that the disruptive powers of the web and automation are here to stay."

Corporate Insight looked at the influence of online platforms WealthfrontBetterment, Assetbuilder, Covester, Financial Guard, FutureAdvisor, Jemstep, MarketRiders, Personal Capital, RebalanceIRA, and SigFig.

Easterbrook says the innovative new partnerships and products announced by Fidelity, TD Ameritrade, TradeKing, and Charles Schwab, as well as the $161 million raised in funding rounds by four of these 11 robo-advisers this year, is clear evidence that robo-advice is being welc! omed int o the mainstream.

The growth, segmented into "discretionary control" (money that's directly managed) and "paid investment advice," is shown in the chart below:

chart corporate insight robo advisers dec

SEE ALSO: Here's Why Betterment's CEO Loves That People Call His Investing Website A 'Robo-Adviser'

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Reuters: Google's 'Android M' will hook cars directly to the internet

Source: http://www.engadget.com/2014/12/18/android-m-cars-rumor/

If Reuters' rumors are true, then apparently the folks at Mountain View think the Android Auto overlays rolling out this year don't go far enough. Citing unnamed sources, it indicates that an Android 'M' able to embed directly into cars -- no smartphone necessary -- is set to roll out in about a year. The idea is to make Android the standard for controlling navigation and entertainment, no matter what phone the driver is holding. Some automakers, like Hyundai and Honda have already announced plans for systems that run their own custom flavors of Android, but it sounds like this could go much further -- if any automakers actually plug it into their vehicles. The Detroit Auto Show rolls around next month right after CES, if any such project is under way then those seem like excellent times to make an announcement, don't you think?

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Source: Reuters

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Thursday, December 18, 2014

webOS 2.0 will make LG's smart TVs much faster next year

Source: http://www.engadget.com/2014/12/17/lg-web-os-2.0/

The usual pre-CES flood of information is under way, and LG is announcing details of the webOS 2.0 package its smart TVs will ship with in 2015. Improving on the menus we already dug at last year's show, LG says that the new versions will improve mainly in speed, with power-on boot time reduced by 60 percent, and a 70 percent improvement when switching from the home screen to YouTube. Sluggish, unresponsive apps have been a major pain point for "smart" TVs since their introduction, so it's good to see that addressed. One thing that will remain an issue however, is that the 2.0 upgrades will require a new display, as we haven't heard about an upgrade for existing sets (or other platforms like smartwatches, or even phones). According to LG, the first webOS sets were quite popular, with over five million sold through eight months.

If you have one of the new ones, it will include a new "My Channels" app that puts user's favorite TV channels right in the TV menu. Last year's TVs included "Universal control" from the Magic Remote LG ships with each one, and now it's built into the UI so it's easier to stay in one menu. Also upgrades is an Input Picker that recognizes whatever devices are plugged in for easier use, as well as 4K streaming support (on the appropriate TVs) for Amazon and Netflix. If everything holds to form, we should hear more about super size, high res displays with new tech (like quantum dots) over the next few days, before the usual CES flood of information once we hit Las Vegas in early January -- see you then.

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Source: LG Newsroom

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Amazon offers one-hour deliveries with Prime Now

Source: http://www.engadget.com/2014/12/18/amazon-prime-now/

Amazon has just launched a new service called Prime Now, which will let Prime members order "tens of thousands" of "daily essentials" for immediate delivery. Once you download the new app (on Android or iOS), you'll get the option of picking a one- or two-hour delivery between 6AM and midnight, with Uber-like tracking included. The fastest option will run $7.99 per order and two-hour deliveries are free for Prime members. The service looks like a response to Google's same-day Shopping Express launched last year, which offers same day (but not one-hour) delivery at $5 a pop, or $99 a year. Prime Now will operate exclusively in Manhattan to start, but Amazon has promised that it'll soon be coming "to a city near you."

Amazon toyed with taxi deliveries earlier, but said that the Prime Now will be powered by its "growing network of fulfillment centers," and deliver goods like paper towels, books and toys. The discount online retailer has recently seen its turf invaded by interlopers like Walmart, which has the advantage of brick-and-mortar stores if you need something now. And if you can't get out of the house, Google will do the dirty work by picking up items from retailers like Staples and Costco, and delivering them the same day via Shopping Express, which we mentioned earlier. Since many of Amazon's competitors now price-match, that will put it back on par with them for convenience -- and it didn't even need any drones.

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Source: Amazon

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Tuesday, December 16, 2014

A Little Lead Can Make Graphene Magnetic

Source: http://gizmodo.com/a-little-lead-can-make-graphene-magnetic-1671641756

A Little Lead Can Make Graphene Magnetic

Graphene has very many strengths , but there is one thing it isn't and that is magnetic. Now, a team of researchers has found that the insertion of a little lead into the planar graphene structure can change that.

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