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Capital.com powers Currency.com's 'world first' in tokenising government bonds
May 03, 12:57PM
With the SEC recently releasing its long-awaited guidance on Crypto token issuers, it’s becoming clear that the crypto world is edging closer to the traditional financial world. New players are joining the sector who hail from traditional finance and trading backgrounds. Until this year, crypto exchanges focused on providing access to ICOs instead of providing […]
Asto, the bookkeeping app from Santander, adds invoice financing for freelancers and SMEs
May 03, 9:49AM
Asto, the Santander owned “upstart” developing financial tools for freelancers and SMEs, is adding invoice financing to its bookkeeping app. The new offering, which potentially opens up so-called “micro-financing” to a much broader business market, comes hot on the heels of Santander Group acquiring Albert, an invoicing and expenses app for freelancers and micro-businesses. Albert’s […]
WorldCover raises $6M round for emerging markets climate insurance
May 03, 7:30AM
WorldCover, a New York and Africa-based climate insurance provider to smallholder farmers, has raised a $6 million Series A round led by MS&AD Ventures. Y-Combinator, Western Technology Investment, and EchoVC also participated in the round. WorldCover's platform uses satellite imagery, on-ground sensors, mobile phones, and data analytics to create insurance options for farmers whose crops […]
Palantir's software was used for deportations, documents show
May 03, 7:04AM
Data mining firm Palantir's software was used by a US government agency during an operation in 2017 in which immigrants crossing the border were arrested for deportation, newly released documents (PDF) have shown, contradicting the $20 billion firm’s earlier public statements. The Immigration and Customs Enforcement documents, obtained by advocacy organization Mijente through Freedom of Information […]
YouTube confirms plans to make Originals available for free
May 03, 1:48AM
YouTube Chief Business Officer Robert Kyncl reaffirmed the company’s plans to take its Originals out from behind the paywall, making them free and ad-supported. Kyncl was speaking at YouTube’s annual Brandcast event, where the Google-owned company lays out its plans for advertisers (with lots of razzle dazzle provided by musicians and YouTube stars). Since last […]
Why you don't want Tumblr sold to exploitative Pornhub
May 03, 1:22AM
Tumblr has been squandered ever since it was bought for $1.1 billion in 2013 by Yahoo, now part of Verizon Media Group. Without proper strategy or talent, the blogging tool and early meme-sharing network fell into decline while Medium and Instagram soared. Yahoo wrote down Tumblr’s value by $230 million in 2016. Then last year, […]
Watch SpaceX launch an ISS resupply mission and make a drone ship landing tonight
May 03, 12:42AM
It's time for another SpaceX launch, and though tonight's (technically tomorrow morning's) isn't as historic as the Falcon Heavy, it's always impressive to see a Falcon 9 lift off with supplies for the International Space Station. But inclement weather threatens to delay delivery.
Early Uber advisor Bradley Tusk looks back — and forward — as its IPO fast approaches
May 02, 11:33PM
Bradley Tusk’s story is well-known by now. A political operative who managed Michael Bloomberg’s successful third mayoral campaign, Tusk soon turned a bonus from his powerful boss into an opportunity that most people can only dream about. He launched his own business to help clients navigate turbulent regulatory waters, and one of his first calls […]
Life-size robo-dinosaur and ostrich backpack hint at how first birds got off the ground
May 02, 11:14PM
Everyone knows birds descended from dinosaurs, but exactly how that happened is the subject of much study and debate. To help clear things up, these researchers went all out and just straight up built a robotic dinosaur to test their theory: that these proto-birds flapped their "wings" well before they ever flew.
Activision Blizzard has five franchises lined up for its new Call of Duty esports league
May 02, 10:02PM
Activision Blizzard said it has lined up five franchises for a new, city-based Call of Duty esports league. Atlanta, Dallas, New York, Paris and Toronto will all play host to franchise teams that will compete in a professional league based on what is perhaps Activision Blizzard’s most successful title, the company announced after its earnings […]
A quiet London-based payments startup just raised among the biggest Series A rounds ever in Europe
May 02, 9:07PM
You probably haven’t heard of Checkout, a digital payments processing company that was founded in 2012 in London. Apparently, however, investors have been keeping tabs on the low-flying company and like what they see. Today, Checkout announced that it has raised $230 million in Series A funding at a valuation just shy of $2 billion […]
Microsoft makes a push to simplify machine learning
May 02, 9:05PM
Ahead of its Build conference, Microsoft today released a slew of new machine learning products and tweaks to some of its existing services. These range from no-code tools to hosted notebooks, with a number of new APIs and other services in-between. The core theme, here, though, is that Microsoft is continuing its strategy of democratizing […]
Microbiome testing service uBiome puts its co-founders on administrative leave after FBI raid
May 02, 9:03PM
The microbiome testing service uBiome has placed its founders and co-chief executives, Jessica Richman and Zac Apte, on administrative leave following an FBI raid on the company’s offices last week. The company’s board of directors have named John Rakow, currently the company’s general counsel, as its interim chairman and chief executive, the company said in […]
Microsoft extends its Cognitive Services with personalization service, handwriting recognition APIs and more
May 02, 9:00PM
As part of its rather bizarre news dump before its flagship Build developer conference next week, Microsoft today announced a slew of new pre-built machine learning models for its Cognitive Services platform. These include an API for building personalization features, a form recognizer for automating data entry, a handwriting recognition API and an enhanced speech […]
Microsoft brings Plug and Play to IoT
May 02, 9:00PM
Microsoft today announced that it wants to bring the ease of use of Plug and Play, which today allows you to plug virtually any peripheral into a Windows PC without having to worry about drivers, to IoT devices. Typically, getting an IoT device connected and up and running takes some work, even with modern deployment […]
Microsoft launches a fully managed blockchain service
May 02, 9:00PM
Microsoft didn’t rush to bring blockchain technology to its Azure cloud computing platform, but over the course of the last year, it started to pick up the pace with the launch of its blockchain development kit and the Azure Blockchain Workbench. Today, ahead of its Build developer conference, it is going a step further by […]
Microsoft launches a drag-and-drop machine learning tool
May 02, 9:00PM
Microsoft today announced three new services that all aim to simplify the process of machine learning. These range from a new interface for a tool that completely automates the process of creating models, to a new no-code visual interface for building, training and deploying models, all the way to hosted Jupyter-style notebooks for advanced users. […]
Microsoft announces the $3,500 HoloLens 2 Development Edition
May 02, 9:00PM
As part of its rather odd Thursday afternoon pre-Build news dump, Microsoft today announced the HoloLens 2 Development Edition. The company announced the much-improved HoloLens 2 at MWC Barcelona earlier this year, but it’s not shipping to developers yet. Currently, the best release date we have is “later this year.” The Development Edition will launch […]
Microsoft brings Azure SQL Database to the edge (and Arm)
May 02, 9:00PM
Microsoft today announced an interesting update to its database lineup with the preview of Azure SQL Database Edge, a new tool that brings the same database engine that powers Azure SQL Database in the cloud to edge computing devices, including, for the first time, Arm-based machines. Azure SQL Edge, Azure corporate vice president Julia White […]
Spotify spotted testing 'Your Daily Drive,' a personalized playlist that includes podcasts
May 02, 8:23PM
Spotify was recently spotted testing a new personalized playlist — the first one to mix music and podcasts, customized to users’ musical tastes. According to a report by The Verge, which saw first-hand the new playlist titled “Your Daily Drive,” the playlist features short episodes from podcasts followed by a curated selection of music that […]
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