What we learned from Facebook’s latest data misuse grilling – TechCrunch

Facebook’s CTO Mike Schroepfer has simply gone through nearly 5 hours of continuously forensic and regularly awkward questions from contributors of a UK parliament committee that’s investigating on-line disinformation, and whose contributors had been additional fired up by way of incorrect information they declare Facebook gave it. The veteran senior exec, who’s clocked up a decade […]

Digital banking startup Revolut raises $250M at a valuation of $1.7B – TechCrunch

Revolut, the London-based fintech that provides a virtual banking account and sprawling set of different monetary services and products, is disclosing that it has raised a whopping $250 million in Series C investment, lower than 3 years since launching. The new spherical, which provides the corporate a $1.7 billion post-money valuation — a five-fold building […]

Europe eyes boosting data re-use and funds for AI research – TechCrunch

The European Union’s govt frame, the EC, has taken a primary move at drawing up a method to answer the myriad socio-economic demanding situations round synthetic intelligence generation — together with surroundings out steps meant to spice up funding, toughen schooling and coaching, and draw up a moral and criminal framework for steerage AI traits via the […]

“I don’t think Facebook has a developer policy that is valid” – TechCrunch

A Cambridge University educational on the heart of a information misuse scandal involving Facebook consumer information and political advert focused on confronted questions from the United Kingdom parliament this morning. Although the two-hour proof consultation in entrance of the DCMS committee’s pretend information enquiry raised slightly extra questions than it replied — with professor Aleksandr […]

Oracle acquires Grapeshot, a marketing tech startup that helps ensure ‘brand safety’ – TechCrunch

In the generation of pretend information and controversies over how manufacturers’ promoting — by means of programmatic platforms — unwittingly finally ends up along content material with which they’d moderately no longer be related, Oracle has made an acquisition to enhance its skill to lend a hand shoppers with those marketing demanding situations. It has […]

Uber to stop storing precise location pick-ups/drop-offs in driver logs – TechCrunch

Uber is making plans to tweak the ancient pick-up and drop-off logs that drivers can see in order to relatively difficult to understand the precise location, quite than planting an actual pin in it (as now). The concept is to supply a modicum extra privateness for customers whilst nonetheless offering drivers with what glance set […]

Media monitor Meltwater acquires social analytics player Sysomos – TechCrunch

Meltwater, easiest identified for coming from the media-monitoring house, has been on a tear lately, obtaining startups within the social media tracking house and increasingly more in AI. It’s now got Sysomos, thought to be one of the crucial leaders in social analytics and engagement, and a competitor to Brandwatch, which may be widely known […]

Culture Trip picks up $80M for its millennial-focused travel site – TechCrunch

While numerous travel startups (Airbnb, Ctrip, Kayak, to call a couple of) have made waves through disrupting how other people seek for and purchase lodging, flights and different travel products and services, the continuing hobby in construction out sturdy content material performs to draw audiences could also be being performed out within the travel sector. […]

Facebook face recognition error looks awkward ahead of GDPR – TechCrunch

A Facebook face recognition notification slip-up hints at how dangerous the corporate’s method to compliance with a difficult new European knowledge coverage same old may just change into. On Friday a Metro journalist in the United Kingdom reported receiving a notification concerning the corporate’s face recognition era — which informed him “the setting is on”. […]

Google confirms some of its own services are now getting blocked in Russia over the Telegram ban – TechCrunch

A bath of paper airplanes darted thru the skies of Moscow and different cities in Russia nowadays, as customers spoke back the name of entrepreneur Pavel Durov to ship the clean missives out of their home windows at a pre-appointed time in reinforce of Telegram, a messaging app he based that was once blocked final week […]