• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

An hour in the Oval Office with President Trump.

TechData Sheet

Data Sheet—Thursday, February 25, 2016

By
Heather Clancy
Heather Clancy
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
February 25, 2016, 8:48 AM ET

I had the joyous experience of touring a middle school recently—it’s something parents do—and after math, English, and gym class we went into a room that looked familiar to me from my childhood: the shop class. Except I misunderstood the purpose of the workbenches and tools. This was a robotics class. How very 21st century, I thought.

Wikipedia tells us that robots have been around a long time and that the word itself dates from 1921. (Its origin is Czech.) We also know robots have been the norm in automobile factories for years and even have reigned as canine pets, courtesy of Sony, since 1999. (Webvan and Aibo were born in the same year. Think about it.)

Now comes word that robots are entering a new phase of life, so to speak. IDC reported Wednesday that worldwide spending on robotics will nearly double by 2019 to $135.4 billion. (A question: Does IDC publish reports on the backward-looking accuracy of its forward-looking predictions?) Two nuggets from the report stand out. First, IDC says a crossover effect is coming to robotics. In other words, spending on software, services, training, and the like soon will exceed revenue from devices themselves. The research firm also flagged the two biggest areas of robotics expansion: healthcare and “process” manufacturing. The latter refers to making things robotically following a recipe, like beverages or drugs. That’s pretty cool.

Robots are everywhere. My current TV passion is the frenetic USA Network series Mr. Robot, which refers to a hacking organization, not a gadget. It is so real you won’t want to use your computer again. Oh, and robots are on the verge of having rights now, just like pets, according to Barb Darrow’s delicious report.

We’ve come a long way from shop class.

***

I wrote yesterday that Poynt’s Osama Bedier “started” Google Wallet, which isn’t quite right. He joined Google after development of the mobile payments product—by a group of engineers overseen by Stephanie Tilenius, now CEO of a company called Vida Health— already was well along.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

Share this essay: http://for.tn/1OvQURc

BITS AND BYTES

Apple could employ novel defense in encryption case. Did you know that software code is considered a form of speech under U.S. law? Wired reports that this loophole may help Apple use a First Amendment defense to resist a federal court order demanding that it write a weaker version of its iPhone software to assist the FBI in the San Bernardino shooter case. Meanwhile, Apple is reported to be working on even stricter encryption for future versions of its iPhone software. (Wired, New York Times)

Hiccup in Sharp-Foxconn takeover deal? The Japanese tech company said it will issue $4.4 billion in new shares to give Taiwanese contract manufacturer Foxconn a two-thirds stake. But the iPhone maker wants to clarify certain terms, according to reports. The deal would enable struggling Sharp to mass-produce organic light-emitting diode (OLED) displays, which will be used in Apple's next-generation iPhones, and it would give Taiwan's Foxconn a much higher industry profile. (Reuters, Wall Street Journal)

Google CEO Sundar Pichai meets with European antitrust officials. The European Union levied a formal complaint centered on Google's comparative shopping tool last year. It is still investigating whether Google's strategy for the Android mobile operating system hurts smaller competitors. Ironically, the last time Pichai met with European antitrust officials, it was to complain about the dominance of rival Microsoft. (Re/code)

Microsoft finally buys mobile software specialist Xamarin. The technology will make it simpler for developers to create cross-platform software applications that run on a range of mobile devices. That could, in turn, boost business for Microsoft cloud services to help run them. Terms of the deal, rumored for months, were reported to be around $300 million. (Fortune, New York Times)

HP Inc. sharpens the axe. The company will lay off close to 3,000 workers this year instead of the 1,200 it previously announced, accelerating a workforce reduction announced last September. The move will save approximately $300 million. The revelation came after HP reported a 12% decline in revenue for its first fiscal quarter ended Jan. 31, to $12 billion. (Fortune)

Google and Oracle square off over Java. The case centers on whether Google must pay Oracle for using application programming interfaces related to the Java software development language in its Android operating system. APIs enable apps to communicate with each other and are integral for countless Internet applications. A copyright ruling in favor of Oracle could curtail their use. (Fortune)

Instagram has 200,000 advertisers, twice as many as Twitter. The photo and video sharing app only started selling ads last September so the ramp-up is impressive. Approximately 75% of its business comes from outside the United States. For perspective, Instagram’s parent Facebook has more than 2 million advertisers. (Fortune)

Salesforce raises sales guidance. The company, a bellwether among cloud business software companies, increased its forecast for the current fiscal year after beating expectations for the last one. It now expects revenue of up to $8.12 billion, a declaration that helped its shares climb 7% in afterhours trading. (Wall Street Journal, Reuters)

THE DOWNLOAD

Tom Siebel tackles the Internet of things. If you’re into technology, you’ve probably heard of Tom Siebel. He first rose to prominence as an executive at business software giant Oracle before setting off on his own to start Siebel Systems, a customer relationship management software, or CRM, company. In 2006 he sold his eponymous venture to his former employer for $5.85 billion and started a new one, C3 Energy, focused on data analytics software for the so-called smart grid. But “clean tech” has fallen out of favor. So C3 Energy is rebranding itself. Meet C3 IoT, a sign that the electricity grid is just one application for technologies that improve the efficiency and functionality of Internet-connected devices. Siebel chats about the strategy shift with Fortune Senior Editor Andrew Nusca.

IN CASE YOU MISSED IT

Google rolls out AMP, its version of Facebook's Instant Articles
by Mathew Ingram

Alphabet's and Salesforce's venture arms pour millions into hot cloud startup ThousandEyes by Jonathan Vanian

Dead unicorn flyers are warning Silicon Valley workers by Kia Kokalitcheva

Stripe helps foreign entrepreneurs set up U.S. businesses by Leena Rao

Staples developing 'Easy' button that actually does something
by Barb Darrow

One sign that marketing analytics are taking off by Heather Clancy

A third of new cars sold by 2040 could be electric by Katie Fehrenbacher

 

ONE MORE THING

Advertisers won't benefit from Facebook's new emoticons. The buttons allow visitors to express a broader range of reactions to posts in their newsfeeds. For now, at least, the data is lumped together. All responses are treated as "likes." (Reuters)

This edition was curated by Heather Clancy.

@greentechlady
heather@heatherclancy.com
About the Authors
By Heather Clancy
See full bioRight Arrow Button Icon
By Adam Lashinsky
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

SpaceX COO Gwynne Shotwell in Barcelona, Spain on March 2, 2026. (Photo: Angel Garcia/Bloomberg/Getty Images)
NewslettersFortune Tech
What to expect from a SpaceX IPO
By Andrew NuscaMay 18, 2026
36 minutes ago
How a mom-and-pop car wash chain went from sticky notes to AI-powered operations that are upleveling every part of the company
AIAutomation
How a mom-and-pop car wash chain went from sticky notes to AI-powered operations that are upleveling every part of the company
By Sage LazzaroMay 18, 2026
2 hours ago
Outnumbered: At $4 billion ClickUp, a 3:1 agent-to-human ratio is rewiring work itself
AIAI agents
Outnumbered: At $4 billion ClickUp, a 3:1 agent-to-human ratio is rewiring work itself
By Sage LazzaroMay 18, 2026
2 hours ago
After AI stole his clients, one Big Tech ghostwriter is using AI to get them back
AIAutomation
After AI stole his clients, one Big Tech ghostwriter is using AI to get them back
By Sage LazzaroMay 18, 2026
2 hours ago
The smartphone’s days are numbered. Meet the device that could come next
AIsmartphones and mobile devices
The smartphone’s days are numbered. Meet the device that could come next
By Alyson ShontellMay 18, 2026
2 hours ago
Solo founders are using AI to do the work of entire teams—but going it alone has limits
AIEntrepreneurs
Solo founders are using AI to do the work of entire teams—but going it alone has limits
By Beatrice NolanMay 18, 2026
2 hours ago

Most Popular

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
2 days ago
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
By Jason MaMay 17, 2026
16 hours ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
6 days ago
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
Success
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
By Sydney LakeMay 17, 2026
23 hours ago
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
Politics
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets 
By Jason MaMay 16, 2026
1 day ago
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
Innovation
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
By Jason MaMay 16, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.