Techmeme
February 23, 2020, 5:00 AM

Top 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.
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
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.
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.”
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.
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.

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