Month: October 2020

With just days to go before the U.S. election, Facebook quietly suspended one of its most worrisome features. During Wednesday’s Senate hearing, Senator Ed Markey asked Facebook CEO Mark Zuckerberg about reports that his company has long known its group recommendations push people toward more extreme content. Zuckerberg responded that the company had actually disabled
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Major Internet platforms will be required to open up their algorithms to regulatory oversight under proposals European lawmakers are set to introduce next month. In a speech today Commission EVP Margrethe Vestager suggested algorithmic accountability will be a key plank of the forthcoming legislative digital package — with draft rules incoming that will require platforms
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VC firm e.ventures is expanding its footprint in Europe with a new office in Paris, as well as a new Paris-based partner. Jonathan Userovici, who previously worked for Idinvest Partners, is joining e.ventures as partner and head of the Paris office. Originally founded in the U.S. 20 years ago, e.ventures has been expanding to new
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U.K.-based Fertifa has bagged a £1 million (~$1.3 million) seed to plug into a fertility-focused workplace benefits platform. Passion Capital is investing in the round, along with some unnamed strategic angel investors. The August 2019-founded startup sells bespoke reproductive health and fertility packages to U.K. employers to offer as workplace benefits to their staff —
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Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. The company earned $2.71 in per-share profit during the three-month period. Analysts had expected Facebook, the social giant, to earn a much-smaller $1.91 per-share off smaller revenues of $19.82 billion. The company also reported an average of 1.82
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Intel has been doubling down on building chips and related architecture for the next generation of computing, and today it announced an acquisition that will bolster its expertise and work specifically in one area of future technology: artificial intelligence. The semiconductor giant today announced that it has acquired SigOpt, a startup out of San Francisco
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Nutrium, a digital health startup which links dietitians and their patients via an app, has raised a €4.25 million seed round led by Indico Capital Partners, alongside the Social Innovation Fund in Portugal (SIF) and previous investors. It now offers professional nutrition software to 80,000 nutrition professionals and 800,000 patients in more than 40 countries.
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European lawmakers are taking aim at big tech’s ability to push its own services in search results at the expense of rivals, with Commission EVP Margrethe Vestager confirming today that a legislative proposal due in a few weeks will aim to ban what she called “unfair self-preferencing”. The concern is that so-called gatekeeper platforms have
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Code is the lifeblood of the modern world, yet the tooling for some programming environments can be remarkably spartan. While developers have long had access to graphical programming environments (IDEs) and performance profilers and debuggers, advanced products to analyze and improve lines of code have been harder to find. These days, the most typical tool
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Juganu, the venture-backed Israeli company that makes lighting systems capable of emitting light at specified wavelengths, is now selling a product that it claims can disinfect surfaces and deactivate pathogens in an attempt to provide buildings with new safety technologies that can prevent the spread of the coronavirus that causes COVID-19. The company claims that
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‘Twitter made it mathematically impossible to turn a profit’ Edward Tian is a computer science student at Princeton and an investigator at Bellingcat who combines technology and investigative journalism. On August 12, Twitter launched a complete rebuild of its 2012 API, with new endpoints for data collection, new access levels and a new developer portal.
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As communicating with customers across the world grows ever more challenging due to multiple channels, tools and networking providers, companies are looking for a way to simplify it all. Sinch, a company that makes communications APIs, announced a new tool this morning called the Conversation API designed to make it easier to interact with customers
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