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Bits & Bytes | Inside Instagram's Reinvention, the Automation Revolution

This week, Kevin Systrom on evolving Instagram by looking at its past, while concerns about the rise of automation continue to grow.
Instagram | Source: Shutterstock
By
  • Edwin Jiang

"Inside Instagram's Reinvention(Recode)
"Instagram needed to evolve. Systrom did that by looking backwards: He refocused the company around priorities he says Instagram held in its early days."

"Impact of Job-Stealing Robots a Growing Concern at Davos" (Reuters)
"By 2019, one-quarter of all job tasks are predicted to be offloaded to software robots, physical robots or customer self-service automation."

"Amazon Said to Walk Away From $1 Billion Souq.com Takeover Talks" (Bloomberg)
"Amazon.com Inc. and India's Flipkart Online Services Pvt have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter."

"Your Clothes Will Be on the Radio(Bloomberg)
"The overall message here is that retailing seems to be on the cusp of some big changes, as brick-and-mortar stores become capable of emulating more and more of the capabilities of online."

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