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Inside GitHub’s fight to protect devs from EU’s disastrous Copyright Reform

On Tuesday, March 26, the final plenary vote on the incredibly controversial Copyright Reform will take place in the European Parliament. It’ll be the decisive vote on whether it’ll become EU law and it’s fair to say the stakes are high. One of the most disputed parts of the current version (there are quite a few) is Article 13, which makes platforms responsible for users’ possible copyright infringements and basically requires them to build impossible ‘upload filters.’ The law could filter out ...
Tags: Design & Dev, Europe, Politics, Tech

PE-backed By Light Professional buys Phacil

By Light Professional IT Services LLC, a portfolio company of Sagewind Capital, said March 25 that it acquired Phacil. Financial terms weren’t announced. Phacil, of McLean, Virginia, is a diversified software, cybersecurity, systems engineering and managed services provider to the US Government. PRESS RELEASE By Light Acquires Phacil, Significantly Expanding Core IT Capabilities Arlington, VA, March 25, 2019 – By Light Professional IT Services LLC (“By Light” or “the Company”) today announced th...
Tags: PE Deals, Tech

Learn where the clitoris is in 5 minutes with this free mobile game

More or less everyone knows what a penis looks like. You’ve probably come across a dick-shaped sex toy, seen many a penis doodling on school books, or you’ve witnessed one in the flesh. But not many people actually know what a clitoris looks like — and as a result, many women around the world are left unsatisfied by their sexual partners. Hoping to close the orgasm gap, Clit-me, a new interactive mobile game, takes a light-hearted approach to demystifying female pleasure. The game aims to debunk...
Tags: Gaming, Tech

Telecom equipment provider Avaya considers leveraged buyout: Reuters

(Reuters) – Telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a private equity firm that values it at more than $5 billion, including debt, people familiar with the matter said on Sunday. The acquisition offer comes 15 months after Avaya emerged from bankruptcy protection, the legacy of a previous leveraged buyout, its $8.3 billion sale to private equity firms TPG Capital and Silver Lake in 2007. Avaya’s board of directors is evalua...
Tags: PE Deals, Tech, Reuters

Inmarsat to go private in $3.4 billion buyout deal: Reuters

(Reuters) – A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator last year rebuffed a slightly lower bid from U.S. rival EchoStar. The consortium includes UK-based Apax Partners, U.S.-based Warburg Pincus and Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan Board. Inmarsat shareholders will get $7.21 cash, or 546 pence per share. Inmarsat’s shares were up 8.5 percent at 549 pence by 0910 GMT,...
Tags: PE Deals, Tech, Reuters, CPPIB

Alibaba acquires Israeli VR startup Infinity Augmented Reality

Infinity Augmented Reality, an Israeli virtual reality startup, has been acquired by Alibaba, the companies this weekend. The deal’s terms were not disclosed. Alibaba and InfinityAR have had a strategic partnership since 2016, when Alibaba Group led InfinityAR’s Series C. Since then, the two have collaborated on augmented reality, computer vision and artificial intelligence projects. Founded in 2013, the startup’s augmented glasses platform enables developers in a wide range of industries (ret...
Tags: Enterprise, Fundings & Exits, Startups, TC, Alibaba DAMO Academy, Alibaba Group, Augmented Reality, China, eCommerce, Infinity Augmented Reality, InfinityAR, Israel, Virtual reality

AIs are being trained on racist data – and it’s starting to show

Machine learning algorithms process vast quantities of data and spot correlations, trends and anomalies, at levels far beyond even the brightest human mind. But as human intelligence relies on accurate information, so too do machines. Algorithms need training data to learn from. This training data is created, selected, collated and annotated by humans. And therein lies the problem. Bias is a part of life, and something that not a single person on the planet is free from. There are, of course, va...
Tags: Artificial Intelligence, Science, Syndication, Tech

It’s not so obvious that this VC firm is focused on impact

Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. More posts by this contributor With these numbers, it’s no surprise SoftBank is investing in Latin America Two Austin-based VC firms are each raising $100M funds Obvious Ventures was founded in 2014 by Medium CEO and Twitter co-founder Ev Williams, along with Vishal Vasishth and James Joaq...
Tags: Column, TC, Venture Capital, Obvious Ventures

Why science matters so much in the era of fake news

Democracy and social progress die without science and fact-based knowledge. Science and facts are the foundational basis for rational and logical disputation and the possibility of reaching some truths. Fake news, on the other hand, is a calculated assault on democratic freedoms. The power of the notion of fake news and of its practitioners is demonstrated by how we have all quickly come to accept that there is a category of news called fake news. By doing so, we are running the real risk of bei...
Tags: Syndication, Tech

What To Know About The Cybersecurity Executive Order

In response to current risks that face data in federal agencies, the Presidential Executive Order 13636 was signed. This Executive Order contains guidelines covering how cybersecurity compliance should be followed in Federal Agencies. It was signed on May 11, 2017, and it primarily covers the strengthening of Cybersecurity standards in Federal Networks and other critical infrastructure. Executive Order 13636 will impact more than just federal agencies. While non-governmental companies aren’t leg...
Tags: Tech

4 ways social media platforms can stop hateful content after terror attacks

The deadly attack on two mosques in Christchurch, New Zealand, in which 50 people were killed and many others critically injured, was streamed live on Facebook by the man accused of carrying it out. It was then quickly shared across social media platforms. Versions of the livestream attack video stayed online for a worrying amount of time. A report by the Guardian found that one video stayed on Facebook for six hours and another on YouTube for three. For many, the quick and seemingly unstoppable...
Tags: Social Media, Syndication, Tech

Corporate biotech venture funding rises again

Joanna Glasner Contributor More posts by this contributor 2019 US VC funds take a more boutique approach VCs aren’t falling in love with dating startups Biotech venture funding has been on a tear for the past couple of years, and corporate investors in the space are doing their part to boost the totals. Here at Crunchbase, we’ve put together an index of the largest pharma and biotech companies active in startup investment, along with their...
Tags: Column, TC, Venture Capital, Biotech

Planning for the uncertain future of work

In a recently published, roughly 75-page report, British non-profit organization The Royal Society for the Encouragement of Arts (RSA) outlined several scenarios for how the UK labor market will be impacted by frontier technologies such as automation, AI, AVs and more. The analysis titled “The Four Futures of Work” was conducted in collaboration with design and consulting firm Arup and was spearheaded by the RSA’s “Future Work Centre”, which focuses on the impact of new technologies on work ...
Tags: Artificial Intelligence, Asia, Europe, Finance, Government, Personnel, Philanthropy, Policy, TC, Automation, China, Climate Change, Energy, Executive, Future Of Work, Global Warming

Machine learning academics are flocking to tech giants and that might be a problem

The die is very much cast when it comes to the growth of machine learning. With the expansion of tech companies like Google, Amazon and Uber, artificial intelligence-based research and products is a growth industry that’s only just getting started. Research from the International Data Commission forecasts that spending on AI and ML will rise from $12 billion in 2017 to $57.6 billion by 2021. The skyrocketing research funding into these fields is mirrored by the resulting patents being filed, wit...
Tags: Artificial Intelligence, Science, Syndication, Tech

AI and Global Perspective; A Collection for the curious minds

“There are three types of people in this world: those who make things happen, those who watch things happen, and those who wonder what happened.” With AI ruling the world, if you don’t belong to the first group of peoople (i.e. creators) – you are in for a tough time ahead. Artificial Intelligence and Global Perspectives It doesn’t matter whether you are a CXO or a tech entrepreneur or a product manager or a software engineer – AI is going to change the world changing the world arou...
Tags: Tech

Pinterest drops its IPO filing

Pinterest, the nearly decade-old visual search engine, has unveiled its S-1 as it prepares for an initial public offering expected in April. The paperwork emerged just hours after another tech unicorn, Zoom, filed to go public, too. Pinterest, valued at $12.3 billion in 2017, took its first official step toward a 2019 IPO, hiring Goldman Sachs and JPMorgan Chase as lead underwriters for its big offering. Pinterest has raised around $1.5 billion in venture capital funding, listing both ear...
Tags: Fundings & Exits, TC, Venture Capital

Our 9 favorite startups from Y Combinator W19 Demo Day 2

Heathcare kiosks, a home-cooked food marketplace, and a way for startups to earn interest on their funding topped our list of high-potential companies from Y Combinator’s Winter 2019 Demo Day 2. 88 startups launched on stage at the lauded accelerator, though some of the best skipped the stage as they’d already raised tons of money. Be sure to check out our write-ups of all 85 startups from day 1 plus our top picks, as well as the full set from day 2. But now, after asking investors and conferrin...
Tags: Apps, Biotech, Food, Funding, GreenTech, Hardware, Health, Logistics, Startups, TC

Zoom, a profitable unicorn, files to go public

Zoom, the video conferencing startup valued at $1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month. The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: It’s actually profitable. Zoom was founded in 2011 by Eric Yuan, a co-founder of WebEx, which sold to Oracle for $3.2 billion in 2007. Before launching Zoom, he spent four years at Cisco as its vice president of engine...
Tags: Fundings & Exits, TC, Venture Capital, Cisco, Cisco Systems, Emergence Capital, Eric Yuan, Goldman Sachs, Jp Morgan, Morgan Stanley, Oracle, Sequoia Capital, Telecommunications, Unicorn, Video, Video Conferencing

This is how much money Pinterest execs made last year

Silicon Valley is known for its massive wealth. When these companies file to go public, we all finally get to know how much money these executives take home each year, and the millions they’ll take home after the IPO. In Pinterest’s S-1, which it filed earlier today, we see that co-founder and CEO Ben Silbermann earned a salary of $197,100. But that’s actually nothing compared to Pinterest CFO Todd Morgenfeld, who earned a base salary of $360,500 with stock awards worth $22,028,696. It’s sti...
Tags: Finance, TC, Ben Silbermann, IPO, Pinterest

Mailchimp and Shopify break up

Shopify today announced that the Mailchimp app, which let its users use their Shopify data to create targeted email campaigns, for example, is no longer available in its marketplace. The reason for this, Shopify says, is that it “had growing concerns about Mailchimp’s app because of the poor merchant experience and their refusal to respect our Partner Program Agreement.” Clearly, this isn’t the most amicable divorce. “It’s critical for our merchants to have accurate, complete insight into th...
Tags: eCommerce, TC, Cloud Applications, Mailchimp, Publishing, Shopify, Web applications, World Wide Web

Bolt Founder Ben Einstein Leaves Hardware Tech VC Firm

Ben Einstein, co-founder and general partner of hardware-focused investor Bolt, says he has left the venture capital firm he started as his partner, Grace, enters chemotherapy for a cancer diagnosis.“Through this gut-wrenching experience, the things I enjoy doing and that give me energy are clearer than ever: I am a builder,” Einstein wrote in a post on Medium. “My life revolves around the process of creating new things; from hardware products and companies to relationships and community, my li...
Tags: Boston, Boston blog main, Boston top stories, National blog main, San Francisco blog main, San Francisco top stories, Ben Einstein, Bolt, Cancer, Chemotherapy, Desktop Metal, Hardware, Machine Metrics, RoboticsAI, San Francisco, Sense

Respondology helps brands and influencers hide toxic comments

“Don’t read the comments” is one of those cliches that sticks around because it’s still good advice — maybe the best advice. But the team at Respondology is trying to change that. The company started out by helping brands find and respond to messages on social media. Senior Vice President of Sales Aaron Benor explained that in the course of that work, it also built a tool to mitigate “the vitriol, the awful toxicity of online social media.” “We realized that the tool had a lot more legs than we ...
Tags: Startups, TC, Respondology, Social Media

AgileCraft’s Exit, $45M for Ojo Labs, Intel Grants & More TX Tech

Let’s catch up with the latest innovation news in Texas.—Georgetown, TX-based AgileCraft was acquired by Australia-based Atlassian (NASDAQ: TEAM), the team collaboration and productivity software maker, for $166 million. AgileCraft makes planning software that helps executives build and manage how the company’s projects develop. It’s focused more on leaders in a business than engineering and IT staff, and it helps them map out product strategy, spot bottlenecks and risks, and get a feel for the...
Tags: National blog main, National top stories, Texas, Texas blog main, Texas top stories, AgileCraft, AI, Artificial Intelligence, AT&T, Atlassian, ATX Seed Ventures, ATX Venture Partners, Austin, Australia, Brad Bentz, Canada

To stay relevant in the 5G era, telcos will need to step up their IoT game

We are now in the early stages of another pivotal moment in technological evolution and paradigm shift. With artificial intelligence, the Internet of Things (IoT), and augmented reality transitioning from buzz words to the backbone of developed economies, wireless connectivity enabled by 5G , a new standard for wireless telecommunications, will be the catalyst for unlocking the new technologies’ full potential and is expected to have a major impact on every industry, from media and entertainment...
Tags: Business, Syndication, Tech

Keatz, a European ‘cloud kitchen’ startup, raises further €12M

Keatz, one of a growing number of so-called “cloud kitchens” — delivery only restaurant brands running on the rails of Deliveroo and UberEats — has raised €12 million in new funding. Backing the round are existing investors Project A Ventures, Atlantic Labs, UStart, K Fund and JME Ventures, who are joined by RTP Global. It adds to €7 million raised last May and will be used by the Berlin-based company to further expand its roll-out of cloud kitchens across Europe. Launched in Spring 2016, Keatz ...
Tags: Europe, Fundings & Exits, Startups, TC

Boston Tech Watch: Notarize, Optimus Ride, LogRocket & More

The self-driving cars are coming (to a gated development near you). Board additions at a novel tech startup. Another big funding round for an industrial 3D printing startup. The Endeavor v. QinetiQ robot competition’s final chapter. Read on for more.—Online notary startup Notarize is adding senior LogMeIn and State Street executives to its board. The Boston-based tech company says Larry D’Angelo, LogMeIn (NASDAQ: LOGM) chief sales officer, and Jack Klinck, former head of global strategy at Stat...
Tags: Boston, Boston blog main, Boston top stories, National blog main, 3D printing, Accomplice, Additive Manufacturing, Arlington, Army, Autonomous, Bae Systems, Battery Ventures, Ben Edelstein, Brex, Brooklyn Navy Yard, Burlington

#BigDaily: Video drives 65% data consumption in India; Netflix launching mobile-only cheaper plan

Today’s #BigDaily Newsletter. Save time. Read signals. (function() { if (!window.mc4wp) { window.mc4wp = { listeners: [], forms : { on: function (event, callback) { window.mc4wp.listeners.push({ event : event, callback: callback }); } } } } })(); First Name Email address: Leave this field empty if you're human: window.addEventListener('message', function(e){if('resize'){document.getElemen...
Tags: BigDaily, Tech

Robotics process automation startup UiPath raising $400M at more than $7B valuation

UiPath, a robotics process automation platform targeting IT businesses, is raising more than $400 million in Series D funding from venture capital investors at a valuation north of $7 billion, sources have confirmed to TechCrunch following a report from Business Insider. We’ve reached out to the company for comment. UiPath, founded in 2005, has raised $409 million to date, meaning the new round of capital will double the total capital invested in the startup, as well as its valuation. Its $22...
Tags: Startups, Money, Finance, Tech, Economy, Artificial Intelligence, Venture Capital, Sequoia Capital, OCR, Earlybird Venture Capital, Credo Ventures, ARR, UiPath, Recent Funding, PitchBook UiPath, Accel Credo Ventures

How to save the third wave of technology from itself

Daniel Wu Contributor Dan Wu is a privacy counsel and legal engineer at Immuta. He holds a JD from Harvard University, and is a PhD candidate for Social Policy and Sociology at The Harvard Kennedy School. As The New York Times recently profiled, new startups are arising to solve the housing crisis. These startups disrupt what ex-AOL CEO Steve Case calls the “Third Wave,” industries with large social impact. Think: housing, healthcare and finance. To survive, t...
Tags: TC, Facebook, Column, Opinion, Startup, Tech, Harvard University, Aol, Citigroup, Brazil, Steve Case, LendingClub, Legaltech, China California, Markets in Financial Instruments Directive, RegTech

Gig workers need health & benefits — Catch is their safety net

One of the hottest Y Combinator startups just raised a big seed round to clean up the mess created by Uber, Postmates, and the gig economy. Catch sells health insurance, retirement savings plans, and tax withholding directly to freelancers, contractors, or anyone uncovered. By building and curating simplified benefits services, Catch can offer a safety net for the future of work. “I n order to stay competitive as a society, we need to address inequality and volatility. We think Catch is th...
Tags: Health, Fundings & Exits, Startups, TC, Mobile, Ecommerce, Apps, Y Combinator, Finance, Collaborative Consumption, Funding, Tech, Earnest, Ira, Payments, Blue Shield

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