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Day: August 10, 2023

Day: August 10, 2023

Data visualization startup Virtualitics lands $37M investment

Many companies grapple with data challenges. In a 2019 survey, Deloitte reports that 67% of executives aren’t comfortable accessing or using the data at their organizations. In a separate poll from NewVantage Partners, meanwhile, less than a third of firms identify themselves as being data-driven — despite significant investments in AI and business analytics tools. According to Michael Amori, the problem often lies in tooling. He’s the co-founder of Virtualitics, a startup developing software to help companies visualize — and gain insights, with any luck — from their data. “Common dashboard tools fall short of revealing the hidden insights buried

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SEC bites back, to appeal federal court ruling in XRP case

In mid-July, a federal court settled a years-long battle between Ripple Labs and the SEC to decide if Ripple’s XRP token was a security or not. Southern District of New York judge Analisa Torres ruled that the XRP token is not a security when sold to the general public, but it could be treated as one with regard to past sales to institutional clients. The regulator doesn’t seem to be happy with that partial victory: The SEC said in a court filing on Wednesday that it would file an “interlocutory appeal” for Torres’ ruling. “Interlocutory review is warranted here,” the

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Marc Raibert and Gill Pratt will discuss state-of-the-art research at TechCrunch Disrupt

Marc Raibert founded the Leg Laboratory at CMU back in 1980. After moving homes to MIT in 1986, it became one of the most important research facilities in robotics. It’s been foundational in the development of robotic motion and has served as a launching pad for some of the industry’s brightest minds. Central to that list is Gill Pratt, the MIT assistant professor of electrical engineering and computer science who served as lab director until 2001. We’re excited to announce that Raibert and Pratt will reunite at TechCrunch Disrupt 2023 at San Francisco’s Moscone Center on September 21. These two

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Oracle, SUSE and CIQ launch the Open Enterprise Linux Association amid Red Hat controversy

The fallout from Red Hat’s recent decision to make it harder to access to the source code of its flagship Red Hat Enterprise Linux (RHEL) distribution continues. A number of Linux distributions, including Alma Linux, Rocky Linux and Oracle Linux based their distributions on RHEL. When Red Hat cut off the standard ways they used to get the source code for their distributions, SUSE quickly jumped into the breach with a RHEL fork. Today, Oracle, SUSE and CIQ (the commercial entity behind Rocky Linux) are launching a more formal pact in the form of the Open Enterprise Linux Association (OpenELA),

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Shared micromobility firm Veo launches retail seated scooter

Veo, one of the shared micromobility firms that secured New York City’s e-scooter permit, is moving into retail. Starting Thursday, the company will be selling its Cosmo X seated, pedal-less scooter across the United States. Veo will start with a small pilot and limit its first batch to 1,000 scooters in 2023. While e-bikes are selling fast in the U.S., the business case for them can be finicky. Shared micromobility competitor Bird tried, and failed, to sell its own e-bike in the past, and VanMoof just filed for bankruptcy despite the popularity of its bikes. That’s why Veo wants to

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ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. It’s able to write essays, code and more given short text prompts, hyper-charging productivity. But it also has a more…nefarious side. In any case, AI tools are not going away — and indeed has expanded dramatically since its launch just a few months ago. Major brands are experimenting with it, using the AI to generate ad and marketing copy, for example.  And OpenAI is heavily investing in it. ChatGPT was recently super-charged by GPT-4, the latest language-writing model from OpenAI’s labs. Paying ChatGPT users have access to GPT-4, which

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Tracer nabs $18.1 to aggregate and normalize business data

Tracer, a platform that attempts to consolidate an organization’s data sources and enrich them with business insights, today announced that it raised $18.1 million in a Series A funding round co-led by NewRoad Capital Partners, Progress Ventures, and BDMI with participation from S4S Ventures and Arbour Way Investors. CEO Jeff Nicholson said that the new cash will be put toward Tracer’s expansion efforts, scaling its technology, establishing a sales team and “enhancing” the startup’s client success resources. To date, Tracer has raised $30 million. “With the backing of our investors and confidence in our future, Tracer is well-positioned to achieve

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YouTube is disabling links on Shorts to cut down on spam

YouTube Shorts is making a change to address the growing issues around spam on the short-form video platform. The company says that starting on August 31st, links that appear in the Shorts comments section, Shorts descriptions, and the vertical live feed will no longer be clickable. This new policy is meant to be a preventative measure that makes it harder for scammers and spammers to mislead and scam users via links. The company notes the change was necessary because the spammy links could drive users to dangerous content, like malware, phishing, or other scams. The measure is fairly extreme, given

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Ultrahuman Ring Air review

Indian fitness and nutrition tracking startup, Ultrahuman, has fast-followed its debut smart ring last year with a second generation of the device — which officially launched in June. The new smart ring whittles down what was a slightly chunky form factor, for its original sleep & fitness-tracker, into a more svelte matte black* band it’s calling the Ring Air. So, er, Apple eat your heart out! Although of course Apple doesn’t make a smart ring. And in fact it’s category veteran Oura’s smart ring which most closely resembles what the Indian team has wrought with the Air. Overview Ultrahuman may

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