In first trading update post Moravia acquisition, RWS says revenues jumped by 82% to GBP 139.6m and pre-tax profit was at least GBP 28.3m. While analysts continue to rate the stock a buy, the company lost over USD 250m in market cap in early London trading. Continue reading
Amazon comes out guns blazing in general launch of Amazon Translate and enlists Lionbridge as showcase customer. Pricing in line with other tech giants Google and Microsoft while quality still likely trails DeepL. Continue reading
Massive privacy breach at Translate.com, senior managers leaving TransPerfect in droves, RWS buying Moravia, Facebook launching neural machine translation, Pearl Linguistic going bust, and more than two dozen other stories that lit up the Slator website in 2017. Continue reading
Though Amazon announced its open-source, sequence-to-sequence machine learning framework Sockeye would be available to all last July 2017, its researchers waited until December 2017 to file papers into Arxiv so they can test their creation against WMT2017’s best. Continue reading
Chinese Premier visits country’s largest language service provider. Show of support by China’s number two government official could indicate strong government backing for language technology as part of the race for the lead in AI. Continue reading
Translated.net developed an Amazon Alexa skill that translates short phrases from English to 36 languages, giving end users access to translation technology used in the professional space and opening up a lot of possibilities in the future. Continue reading
With the growing global appetite for video, audiovisual translation becomes a billion-dollar opportunity for the language services industry if it plays its cards right. But first, it must deal with a few challenges, including the global need for talent. Continue reading
SDL posts 5% revenue growth but expansion into new verticals and in Asia hits gross margins. CEO Adolfo Hernandez discusses what affected the bottom line in the first six months, his plans for improving translator productivity, and why he’s not afraid of Amazon. Continue reading
With Netflix, Amazon, Hulu and traditional studios expanding aggressively into global markets, demand for media content localization is soaring. Good times for Swedish media content localizer BTI Studios, which just changed its PE owner from Carlyle to Altor. Continue reading
Media content localization spending in EMEA is projected to exceed USD 2.5bn by 2020, according to an industry group. Shortage of talent is becoming a concern and industry expert says it is likely to get worse in the short term. Continue reading
CNBC reports that Amazon is looking to offer the translation technology it built for internal use to third parties. The move would be a direct challenge to Google Translate and the many other MT offerings by big tech companies. Continue reading
As language translation emerges as a yardstick for progress in artificial intelligence, high quality human translation data becomes a prized asset. The race for AI leadership sees Baidu host translation marathons across China to fill its data trove. Continue reading
Exclusive interview with Bill Kaper, General Manager of Amazon’s Translation Services group and head of its new Pittsburgh office; and Alon Lavie, Machine Translation Group Manager for Amazon Pittsburgh. Continue reading
Microsoft translates all of Wikipedia’s English pages in under a tenth of a second. Baidu rolls out open source, deep learning yardstick. Nvidia wants to power AI; and Amazon and Samsung update translation-related patents. Continue reading
Amazon’s poaching of an eBay executive and holder of machine translation patents is a clear sign of the rapid build-out of its artificial intelligence capabilities. Machine translation engineering talent is the target of aggressive hiring drive. Continue reading
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