GBA Presents: House of Gummy-!

Simon Mackenzie, a security officer at the discount retailer QD Stores outside London, was short of breath. He had just chased after three shoplifters who had taken off with several packages of laundry soap. Before the police arrived, he sat at a back-room desk to do something important: Capture the culprits’ faces.

On an aging desktop computer, he pulled up security camera footage, pausing to zoom in and save a photo of each thief. He then logged in to a facial recognition program, Facewatch, which his store uses to identify shoplifters. The next time those people enter any shop within a few miles that uses Facewatch, store staff will receive an alert.

“It’s like having somebody with you saying, ‘That person you bagged last week just came back in,’” Mr. Mackenzie said.

Use of facial recognition technology by the police has been heavily scrutinized in recent years, but its application by private businesses has received less attention. Now, as the technology improves and its cost falls, the systems are reaching further into people’s lives. No longer just the purview of government agencies, facial recognition is increasingly being deployed to identify shoplifters, problematic customers and legal adversaries.


Facewatch, a British company, is used by retailers across the country frustrated by petty crime. For as little as 250 pounds a month, or roughly $320, Facewatch offers access to a customized watchlist that stores near one another share. When Facewatch spots a flagged face, an alert is sent to a smartphone at the shop, where employees decide whether to keep a close eye on the person or ask the person to leave.

Mr. Mackenzie adds one or two new faces every week, he said, mainly people who steal diapers, groceries, pet supplies and other low-cost goods. He said their economic hardship made him sympathetic, but that the number of thefts had gotten so out of hand that facial recognition was needed. Usually at least once a day, Facewatch alerts him that somebody on the watchlist has entered the store.

00facewatch-simon-fhtw-articleLarge.jpg


00facewatch-store-camera-pzfm-articleLarge.jpg

A sign at a supermarket that uses Facewatch in Bristol, England.
Facial recognition technology is proliferating as Western countries grapple with advances brought on by artificial intelligence. The European Union is drafting rules that would ban many of facial recognition’s uses, while Eric Adams, the mayor of New York City, has encouraged retailers to try the technology to fight crime.
That tech has been commoditized Stoney. Casino's (as always lol) led the way 15+ years ago. Motorola Systems sells that tech to East Podunk Iowa under their DHS grants, along with every other city in the US. And it's way better tech. Not saying your stock won't get a little bump on the article... just saying this software is as ubiquitous as the stop-lights they pan and zoom you at. I think China might have had it before the casino's. Ahhh... maybe not.
 
LiveOne adds 75,000 new members in June
Jul. 05, 2023 3:57 PM ET LiveOne, Inc. (LVO)
  • LiveOne (NASDAQ:LVO) said on Wednesday that its quarterly members jumped by 194,000, an increase of 59% from the previous year.
  • LVO added 75,000 new members in June.
  • The company expects revenue in the range of $26.5 million - $27.5 million for the June quarter.
  • "Contributing to this surge is Tesla, LiveOne’s largest customer," said LVO in a statement.
  • LVO's 6 month members rose 64%, up by 371,000.
 
Hey All-- When you don't get an hour of sleep because of the pain you can't say good morning can you?

Going to keep it short & sweet today. This LiveOne caught my eye once before because I think it's all about podcasts... but I'm not sure. TSLA a customer? <---- Works for me lets review this name today...

LOS ANGELES, CA, July 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that it has broken multiple membership records. Contributing to this surge is Tesla, LiveOne’s largest customer, who achieved a record-breaking delivery of over 466K cars through June and raised their yearly guidance to 2.4 million cars.

LiveOne's CEO and Chairman, Robert Ellin, commented, "We're experiencing a phenomenal surge in membership, boasting an unprecedented leap in both free ad-supported and paid subscribers in LiveOne's history.”

About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company's wholly-owned subsidiaries include Slacker Radio, a membership music streaming service, and PodcastOne, which generates more than 2.3 billion downloads per year, 350+ hours distributed weekly, and 14M+ monthly unique listeners. Nearly all new Tesla EVs sold in the U.S. come with a paid membership to LiveOne’s Slacker Radio (that now includes PodcastOne) which is paid by Tesla. As of June 16, 2023, the Company has accrued a paid and free ad-supported membership base of approximately 3.1 million, including over 2.2 million paid members*. The Company was awarded Best Live Moment by Digiday for its “Social Gloves” PPV Event, and has been a finalist for 8 more awards, including Best Live Event, Best Virtual Event, Best Overall Social Media Excellence, and Best Original Programming from Cynopsis and Digiday. As of February 9, 2023, the Company has streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and created a valuable connection between fans, brands, and bands. The Company's other wholly-owned subsidiaries include PPVOne, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, and LiveXLive, and the Company’s other majority-owned subsidiaries are Drumify and Splitmind. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO.
 
FIS expects Q2 results above mid-point of guidance for revenue, adjusted EPS » 07:07 FIS

Another huge winner brought to you by GBA-! 3 in one shortened week....
 
The damn correction grinds on. Luring folks in with mini Bull traps. So painful.
After this week it will be two out of three down weeks.

But more importantly after this week we will re look at list of Portfolio sells in tech and elsewhere and see if any have recovered to their pre June 13 high. I doubt any have.
 
Back
Top