Month: January 2023

Welcome to the Jungle, which helps recruitment through feature-rich profiles, a job board, and more, raised a €50M Series C, bringing its total funding to €79M (Romain Dillet/TechCrunch)

Romain Dillet / TechCrunch: Welcome to the Jungle, which helps recruitment through feature-rich profiles, a job board, and more, raised a €50M Series C, bringing its total funding to €79M  —  French startup Welcome to the Jungle has raised a new $54 million (€50 million) Series C round.

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A brief history of VR/AR/MR devices and why hardware challenges have limited mainstream adoption, which could likely slow the metaverse’s emergence and growth (Matthew Ball/MatthewBall.vc)

Matthew Ball / MatthewBall.vc: A brief history of VR/AR/MR devices and why hardware challenges have limited mainstream adoption, which could likely slow the metaverse’s emergence and growth  —  Modern efforts to build extended reality (XR) devices—i.e., dedicated virtual reality (VR), dedicated augmented reality (AR) …

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German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD (Aggi Cantrill/Bloomberg)

Aggi Cantrill / Bloomberg: German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD  —  SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics

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Worldwide smartphone shipments declined 18.3% YoY to 300.3M in Q4 2022, the largest ever drop in a quarter; Apple dropped 14.9%, Samsung 15.6%, and Xiaomi 26.3% (IDC)

IDC: Worldwide smartphone shipments declined 18.3% YoY to 300.3M in Q4 2022, the largest ever drop in a quarter; Apple dropped 14.9%, Samsung 15.6%, and Xiaomi 26.3%  —  Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22) …

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The tip of the data science iceberg

Far more than a trendy buzzword in the business world today, data science is redefining how companies interact with their customers. No matter the sector or industry—retail, insurance, manufacturing, banking, travel—every large enterprise has its own way of dealing with data science. They have to. Data is everywhere. It’s the new gold, and mining that

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How to build a neural network in Java

Artificial neural networks are a form of deep learning and one of the pillars of modern-day AI. The best way to really get a grip on how these things work is to build one. This article will be a hands-on introduction to building and training a neural network in Java. See my previous article, Styles of machine

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New York AG Letitia James asks Madison Square Garden Entertainment for information on the alleged use of facial recognition to deny access to ticket holders (Wall Street Journal)

Wall Street Journal: New York AG Letitia James asks Madison Square Garden Entertainment for information on the alleged use of facial recognition to deny access to ticket holders  —  Probe related to company’s alleged use of the technology to bar certain ticket holders from its venues

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Hands-on with DoNotPay, a service claiming to be the first robot lawyer: slow, drafted a terrible defamation demand letter, missed legal issues, and more (Kathryn Tewson/Techdirt)

Kathryn Tewson / Techdirt: Hands-on with DoNotPay, a service claiming to be the first robot lawyer: slow, drafted a terrible defamation demand letter, missed legal issues, and more  —  Note: This post is an adaptation of what started initially as a Twitter thread.  —  I’ve been going pretty hard on DoNotPay …

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A Simple Air Suspension Demo With Lego Technic

The most common suspension systems on automobiles rely on simple metal springs. Leaf spring and coil spring designs both have their pros and cons, but fundamentally it’s all about flexing metal doing the work. Air suspension works altogether differently, employing gas as a spring, as demonstrated by this simple Lego build from [JBRIX].  The suspension

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CNET’s EIC reflects on the outlet’s AI use and lessons learned, like ensuring that bylines and disclosures are visible and plagiarism checks are done properly (Connie Guglielmo/CNET)

Connie Guglielmo / CNET: CNET’s EIC reflects on the outlet’s AI use and lessons learned, like ensuring that bylines and disclosures are visible and plagiarism checks are done properly  —  New tools are accelerating change in the publishing industry.  We’re going to help shape that change.

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Sources: Accel and Tiger Global are in talks to sell their remaining Flipkart stakes, around 1% and 4%, respectively, to parent company Walmart for ~$1.5B (The Economic Times)

The Economic Times: Sources: Accel and Tiger Global are in talks to sell their remaining Flipkart stakes, around 1% and 4%, respectively, to parent company Walmart for ~$1.5B  —  Happy 74th Republic Day!  —  Two early backers of Flipkart – venture fund Accel Partners and New York-based investment firm Tiger Global …

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Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022 (Wall Street Journal)

Wall Street Journal: Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022  —  Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant

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Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide (Ian King/Bloomberg)

Ian King / Bloomberg: Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide  —  Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% …

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Toxic Telescope Makes You Mad as a Hatter

[Hank Green] posted an interesting video about the first liquid mirror telescope from back in the 1850s. At the time, scientists were not impressed. But, these days, people are revisiting the idea. The big problem with the early telescope is that it used mercury. Mercury is really bad for people and the environment. The good

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Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates (CoinDesk)

CoinDesk: Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates  —  Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

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New Jersey-based AtomicJar, which is building a cloud version of its co-founders’ open-source microservices testing tool Testcontainers, raised a $25M Series A (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: New Jersey-based AtomicJar, which is building a cloud version of its co-founders’ open-source microservices testing tool Testcontainers, raised a $25M Series A  —  Working with, microservices-based development environments presents a unique set of testing challenges.

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Using automation, Trellix patches nearly 62K open-source projects susceptible to a Python path traversal flaw first disclosed in 2007, affecting ~350K projects (Menghan Xiao/SC Media)

Menghan Xiao / SC Media: Using automation, Trellix patches nearly 62K open-source projects susceptible to a Python path traversal flaw first disclosed in 2007, affecting ~350K projects  —  The Trellix research team said they have patched nearly 62,000 open-source projects that were susceptible to a 15-year-old path …

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Analysis: SoftBank’s new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M (Bloomberg)

Bloomberg: Analysis: SoftBank’s new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M  —  SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter.

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Angle Health, a service that helps its clients’ employees navigate telehealth, behavioral, and insurance benefits, raised a $58M Series A led by Portage (Anastassia Gliadkovskaya/Fierce Heal …)

Anastassia Gliadkovskaya / Fierce Healthcare: Angle Health, a service that helps its clients’ employees navigate telehealth, behavioral, and insurance benefits, raised a $58M Series A led by Portage  —  Angle Health, a payer serving employers, has raised $58 million to expand to new markets.  By bundling telehealth and behavioral benefits …

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