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February 23, 2020, 11:00 AM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday — Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi| Manish Singh / TechCrunch: |
CB Insights: fintech startups across the world raised $33.9B across 1,912 deals in 2019, which is down from $40.8B raised across 2,049 deals in 2018 — Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed.
More:
CB Insights, Modern Markets, Business Insider, and Business Insider
Tweets: @cbinsights, @cbinsights, @trengriffin, @cbinsights, and @cbinsights
| Natasha Lomas / TechCrunch: |
Irish DPC report: 6 inquiries into multinational tech companies' GDPR compliance were opened in 2019, bringing major cross-border probes to 21, but no decisions — The lead European Union privacy regulator for most of big tech has put out its annual report which shows another major bump … | Los Angeles Times: |
Twitter is suspending 70 accounts linked to Michael Bloomberg's campaign for violating its policies, citing platform manipulation and duplicative content — Michael R. Bloomberg's presidential campaign has been experimenting with novel tactics to cultivate an online following, or at least the appearance of one.
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New York Times, The Verge, Washington Post, Engadget, CNET, Gizmodo, TIME, Business Insider, The Daily Dot, Mashable, International Business Times, Yahoo Finance, The Hill, The Guardian, New York Post, Axios, NPR, and Quartz
| Jon Evans / TechCrunch: |
Decentralized Finance (DeFi), the best performing sector in crypto today, feels more like cosplaying a financial system than an actual viable alternative to it — Over the last year or so, much-to-most of the cryptocurrency world has pivoted from the failure of “fat tokens” and ICOs …
Tweets: @counternotions and @jonrussell
| Nick Manes / Crain's Detroit Business: |
Michigan-based Algo, a SaaS startup that uses AI to help companies analyze and manage their supply chains, raises $15M Series A led by Integrity Growth Partners — - $15 million investment into Troy company Algo — Company applies AI to supply chain management
More:
PR Newswire, FinSMEs, and Pulse 2.0
| FinSMEs: |
Cyber insurance company At-Bay, which helps businesses assess risk across their tech stack with continuous vulnerability monitoring, raises $34M Series B — At-Bay, a Mountain View, CA-based cyber insurance company, raised $34m in Series B funding. — The round was led by Acrew Capital and Munich Re Ventures, through its HSB fund.
More:
Wall Street Journal and Business Wire
| Will Knight / Wired: |
Interview with Garry Kasparov, the first chess world champion to be defeated by a computer, about chess, AI, and a strategy for staying a step ahead of machines — Twenty-three years after he lost to Deep Blue, Kasparov says people need to work with machines. You have to “nudge the flock of intelligent algorithms.”
Tweets: @scottthurm, @softengresgrp, @kasparov63, @warinthefuture, @tobywalsh, @sebagon, @skynet_today, and @mijustin
| FinSMEs: |
iMerit raises $20M Series B for its platform that helps enrich and annotate large datasets that power advanced algorithms in fields such as machine learning — iMerit, a Los Gatos, CA-based data annotation and enrichment company, raised $20m in Series B funding.| Mon(IoT)r Research Group: |
Study: smart speakers accidentally activate to random words between 1.5 and 19 times per day on average, with HomePod and Cortana devices activating the most — WHEN SPEAKERS ARE ALL EARS — Understanding when smart speakers mistakenly record conversations
More:
ZDNet and Voicebot.ai
Tweets: @daniel_rubino, @dsilverman, @bmetrock, @abujamal1989, @markhachman, @danielko, @tha_crossroads, @donseaoftime, @maggiekb1, @mattk, @rishihks, @textually, @mkonnikova, @nhannahjones, @toure, @dreadpiratemama, @saramorrison, @kashhill, @dvdfreitag, @jtlarsen, @proffnes, @realhamed, @proffnes, and @privacymatters
| Johannes Hellstrom / Reuters: |
Swedish game developer Embracer to buy US-based Saber Interactive, maker of the game World War Z, for up to $525M in cash and stock, most of which is deferred — STOCKHOLM (Reuters) - Swedish video game group Embracer is buying U.S. game developer Saber Interactive for up to $525 million, the Swedish company said on Wednesday.
More:
Embracer, Gamasutra, TheGamer, VideoGamer.com, Gematsu, VentureBeat, VG247, Android Central, GamesIndustry.biz, PC Gamer, IGN, and Pocket Gamer.biz
Tweets: @shinobi602, @mr_admirals, and @amandafarough
| FinSMEs: |
Reggora, a residential appraisal software platform, raises $10M Series A, led by Spark Capital with Boston Seed Capital participating — Reggora, a Boston, MA-based residential appraisal software platform provider, raised $10m in Series A funding. — The round was led by Spark Capital, with participation from Boston Seed Capital.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Zoho:
App Spotlight: MessageWhiz SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
App Spotlight: MessageWhiz SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Channels with Peter Kafka:
The $12.5 Billion Lakers, the NFL's TV Fight, and Sports Media's Big Split
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Big Technology Podcast:
Nick Bostrom: Worries About AI Existential Risk Just Became More Concrete
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Training Data:
Rich Sutton and Khurram Javed: Why AI Models Stop Learning, and How to Start It Again
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Ben Thompson on Big Tech, China, and the AI Boom Running Out of Money
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
OpenAI's Head of Design: This is the best time in history to be a designer | Ian Silber
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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