Wednesday, 31 January 2018

We Asked Generation Z to Pick a Name. It Wasn’t Generation Z.


We’ll get to some of the least useless suggestions below, but first here are some of the broad trends revealed by the approximately 3,000 responses submitted on Facebook, Twitter, our website and directly to my email.

There was plenty of support for widely publicized names already coined for the generation born, roughly, between 1995 and 2015: Generation Z, Homeland Generation, Post-Millennials and iGeneration.

A significant minority had grown comfortable with “Generation Z,” including Racquel Glassner, 22, of Olympia, Wash.

“I’ve never heard iGeneration before, but that is really horrendous,” she said. “Our whole generation shouldn’t be branded by Apple. Gen Z is the final generation of the 1900s, and a generational title using the last letter in the alphabet seems fitting.”

(It should be noted that iGeneration or iGen, a name coined by the social psychologist Jean Twenge, had plenty of fans. Dr. Twenge herself chimed in on Twitter: “You know my answer.”)

The youngest respondent I tracked down was Mari Sobota, 8, a third-grader in Madison, Wis., who wrote in to say that her generation would be known for “girl power!”

Mari, 8, could identify an obvious generational difference between her and her 12-year-old sister Cassandra, and their mother, Carousel Bayrd. “We both like cotton candy, and my mom hates that,” she said.

The oldest respondent to give her age was 91-year-old Annette Benedict, of the Bronx. “I figure you’re not an ageist,” she wrote, a gambit that all but ensured her inclusion. Her suggested name was The Thumbies, for the digit used to operate smartphones. “I think that suits them,” she said, chuckling, when I called her.

A significant number rejected the age ranges we selected, especially 22-year-olds who consider themselves millennials, like Zach Witkin, of Providence, R.I., who said he could clearly recall Sept. 11, 2001, an unforgettable day for many older respondents. He was 6 then.

“Maybe we could make a firm cut-off just beyond 1995?“ he suggested.

Others were glad to escape a generational label so tarnished by, yes, the media.

The most popular Facebook comment came from Alexandra Della Santina, 22, an engineer at Boeing in Philadelphia.

“I wouldn’t mind being called Generation Scapegoat,” she wrote. “It would be kind of the tongue-in-cheek dry humor that I see in this generation. And when baby boomers and Generation X or Y or whatever decide to start using us as punching bags instead of millennials, it’s gonna be much harder to whine about us if they’re forced to call us The Scapegoats.”

Roshan Mueller, 11, was one of many to suggest the Meme Generation. “I think it goes with how our generation goes through life,” he explained in a phone interview, with his mom listening in. “We go through life fast. And just like that, memes spread fast.”

We also heard from multiple people suggesting Memelords, Memennials and Generation Snap. Also, the Hopeful Generation, the Anxious Generation, Generation Fix-It and The Cleaner-Uppers. Some simply wrote “Doomed.” The Last Generation and the Final Generation were also popular.

Andrea Habiba, 15, of Houston, suggested the Sisu Generation. “Sisu is a Finnish word that roughly translate to determination in the face of adversity, and my generation will be facing many adversity such as fixing the economy, global warming, the threat of terrorism and so on,” she wrote.

Benton Molina, 21, of Athens, Ohio, suggested we call the new youngs Spimes. The term, coined by the science fiction author Bruce Sterling, refers to an object hooked into the internet of things: aware of its environment, constantly documenting itself, its existence mirrored in the cloud.

“Post-millenials share these characteristics,” Mr. Molina observed. “They are central units in small, personal clusters of technological nodes (made of both people and machines) who leave a data trail throughout their entire lives.”

But we had a favorite. Four separate people suggested Deltas or the Delta Generation. Kelsy Hillesheim, a 22-year-old New Yorker, provided the most thoughtful explanation.

“Delta is used to denote change and uncertainty in mathematics and the sciences, and my generation was shaped by change and uncertainty,” she explained, mentioning terror attacks, wars, the Great Recession and the 2016 election. “I do not have much memory of a sustained time of stability, and I’m on the older end of what you’re looking for, though I imagine this is also the case for younger deltas.”

“We take nothing for granted,” she continued. “We were kids when our parents lost their jobs in the recession. We also are a generation of demographic shift — we are more diverse than any in American history. We generally see it as something to embrace, and welcome changes that could make for a more inclusive and just America.”

Delta also implies members of this generation will be agents of change, not just people reacting to it, she said. “We are not passive products of circumstance, but active members of society with agency to affect the course of history, and will to build each other up to make things better,” she added. “We know all too well that adults aren’t doing so today.”

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Facebook survives Q4 with slowing 1.4B daily users but record $12.97B revenue



Despite worries about Russia and that passive News Feed scrolling hurts us, Facebook beat expectations again in its Q4 2017 earnings report. Facebook now has 1.4 billion daily users, up 2.18% compared to growing 3.8% to 1.37 billion users in Q3. That’s a sizeable slow down, and the lowest quarter-over-quarter percentage daily user growth ever reported by the company.

That could be because CEO Mark Zuckerberg says Facebook made changes including showing fewer viral videos “that reduced time spent on Facebook by roughly 50 million hours every day.” That equates to 2.14 minutes per daily user per day.

Facebook reached $12.97 billion in revenue with $2.21 adjusted GAAP earnings per share if you don’t count a massive tax it had to pay on overseas cash that translated into a $0.77 reduction in EPS, but it still beat Wall Street’s estimates of $12.55 billion in revenue and $1.95 EPS.

Facebook’s monthly user count is now at 2.13 billion, up 3.39% from 2.06 billion in Q3 compared to 3.19% growth that quarter, so the monthly user growth sped up even as daily user growth slowed. Yet Facebook’s stickiness, or the percentage of monthly users that come back daily, held strong at 66% where it’s been since 2015. That shows people are still avidly returning to the site even if they spend less time there.

Average revenue per user climbed to $6.18, up 27% from a year ago. Facebook raked in a record $4.26 billion in profit, down from $4.7 billion the previous quarter due to that big tax. Facebook’s share price was down a steep 4% in after-hours trading.

Overall, the results show how divorced Facebook’s user behavior is from the day-to-day news coverage blasting it for allowing Russian interference in US elections and for making us unhealthy zombie browsers. ComScore and Nielsen claim time spent on Facebook per U.S. user is declining, and that showed up in the daily user count growth, but Facebook seems to be making up for that in international monthly user growth and squeezing more dollars out of each ad.

With the Snapchat threat largely neutralized via Instagram, Facebook’s biggest enemy is itself. Now it has to work to preemptively disarm any future privacy crises or other scandals, and co-opt the “Time Well Spent” rallying call before it becomes a “Time to leave Facebook” movement.



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Microsoft’s Azure revenue nearly doubled year-over-year in its second quarter



Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of the major tax bill signed late last year.

In particular, Microsoft said that its Azure revenue grew 98% year-over-year — a long-running theme alongside many other lines that equate to Microsoft’s efforts in the cloud offsetting many of the major shifts in computing that first led Microsoft to be a behemoth. The company said it would be taking a $13.8 billion charge related to the newly-passed tax bill. All this, together with earnings that just about beat what Wall Street was looking for, led to a collective shrug for investors as the stock basically went nowhere.

Since Nadella has taken over, much of the narrative has shifted to the transition of Microsoft to a true player in cloud computing. As Amazon’s Web Services continues to become a behemoth and Google makes its own play, Microsoft too has found itself diving deep into the cloud and going head-to-head with Google and Amazon to try and woo as many developers as possible.

So far, that’s more or less paid off. As more and more companies start to find value in using up computing resources on-demand rather than investing heavily in their own hardware, Microsoft has ridden that wave along with others to build out a massive business. In October, the company said it exceeded the $20 billion ARR for its commercial cloud target it set about two years ago. Under Nadella, Microsoft’s stock has more than doubled:

In addition, Microsoft saw some continuing growth from some of its other services including LinkedIn. That alone contributed about $1.3 billion in revenue to Microsoft, while its overall division (called Productivity and Business Processes) including LinkedIn and Office commercial products grew around 25% year-over-year this quarter to $9 billion in revenue.

Here’s the final scorecard for the company:

  • Q2 earnings: 96 cents per share, compared to Wall Street targets of 86 cents per share.
  • Q2 revenue: $28.92 billion, compared to Wall Street’s expectation of $28.4 billion in revenue.
  • Commercial Cloud revenue: $5.3 billion, up 56% year-over-year
  • Intelligent Cloud revenue (includes Azure): $7.8 billion
  • Azure revenue growth: 98%

Featured Image: Stephen Brashear/Getty Images



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Juventus Announce Pol Lirola, Federico Mattiello & Riccardo Orsolini Exits


Italian champions Juventus have confirmed three player exits, with the transfer window drawing to a close.

The club informed of said departures via their official website, announcing a loan deal with Bologna and an option to buy for striker Riccardo Orsolini, as well as the permanent exits of Pol Lirola and Federico Mattiello.

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A statement regarding Lirola reads: “Juventus Football Club S.p.A. announces that an agreement has been reached with U.S. Sassuolo Calcio S.r.l. for the definitive disposal of the registration rights of the player Lirola Kosok Pol Mikel for a consideration of €7m to be paid in four football seasons.”

The 20-year-old right-back joined Juve in 2016 but immediately joined Sassuolo on a two-year loan deal, which has now been made permanent with €7m exchanging hands.

Gabriele Maltinti/GettyImages

Mattiello, meanwhile, joins Atalanta in a €2.5m move after having won the Scudetto and Coppa Italia with Juve’s youth side. The defender previously spent the first half of the season on loan with SPAL.

“Juventus Football Club S.p.A. announces that an agreement has been reached with Atalanta B.C. S.p.A. for the definitive disposal of the registration rights of the player Federico Mattiello for a consideration of € 2.5m to be paid in three football seasons,” the club also noted.

“The permanent transfer fee may increase of further €2.5m on achieving given conditions in the course of the duration of the contract.”

(You may also be interested in:  Juventus Face Deadline Day Dogfight With Liverpool & Spurs for North Korean Starlet Han Kwang-Song)

And with reference to Orsolini: “Forward Riccardo Orsolini will join Bologna on loan until June 30, 2019 with options for a return to Juventus or permanent sale to Bologna.”



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Russia’s Olympic athletes get a patriotic send-off from Putin amid doping scandal Video


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Salmonella outbreak to cost French dairy hundreds of millions: CEO


PARIS (Reuters) – A salmonella contamination of baby milk produced by Lactalis could cost the French dairy group several million euros, its CEO said in a newspaper interview.

Lactalis has recalled 12 millions tins nationwide and from stores around the world after discovering salmonella bacteria in some baby milk last month at a factory in western France.

“We can’t say definitively but (the cost) will be very high, several million euros,” Lactalis Chief Executive Emmanuel Besnier told business daily Les Echos in an interview to be published in its Thursday edition.

“This case has cost us our export license for a still undetermined period. It’s the biggest crisis I’ve ever had to face as a boss,” he added.

Besnier did not give details of what the costs would be.

French authorities have said that “Salmonella Agona” infections were reported in 38 cases between mid-August and December, 36 of them clearly linked to Lactalis milk. A group representing victims’ families say at least 10 more cases are unaccounted for.

Besnier said that the company did not know how much of the contaminated milk had been consumed but less than half of the recalled product had so far been recovered.

Supermarket chains Leclerc, Auchan, Carrefour and Systeme U have all acknowledged that some of the baby milk had remained on their shelves after the recall.

Besnier said that Lactalis was the target of multiple legal complaints.

Reporting by Leigh Thomas; Editing by Susan Fenton



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Official sweater of Norwegian Olympic ski team features symbol used by neo-Nazi group