Kyle Patterson

Kyle Patterson

Followers 58
Following 43
US
PayPal's chief creative officer Steve Simpson, its top advertising executive, left the company after about a year. The move came after PayPal shifted its marketing strategy during the coronavirus pandemic, placing less emphasis on the brand and more on catering to small businesses, said a source with direct knowledge of the marketing operation. Simpson's departure followed that of CMO and former Apple executive Allison Johnson in May. Both "decided to leave PayPal" as the company streamlines its global marketing functions, according to a PayPal spokeswoman. Visit Business Insider's homepage for more stories. PayPal's highest-ranking ad executive Steve Simpson left earlier this month after just over a year as part of a restructuring of its global marketing business. Simpson, who was chief creative officer, was hired to make high-minded ad campaigns to help PayPal stand out from competitors like Square, Stripe, and Apple Pay. But this strategy changed abruptly following the pandemic outbreak and the April promotion of VP of growth marketing Leanne Sheraton, said someone with direct knowledge of the matter who is known to Business Insider but requested anonymity. PayPal began to place less emphasis on that sort of brand marketing and tried to be more like a bank catering to small businesses. In March it promoted its decision to waive fees for some merchants in the pandemic. In May, CMO Allison Johnson, who hired Simpson, left.  Simpson, like Johnson, "decided to leave PayPal" as the company streamlines its global marketing functions, according to a PayPal spokeswoman. Simpson did not immediately respond to requests for comment. Simpson is the latest in a string of ad execs to leave PayPal Prior to joining PayPal, Simpson spent 10 years at WPP ad agency Ogilvy as North American chief creative officer and nearly two decades at Omnicom's Goodby Silverstein and Partners in San Francisco, where he was a partner.  He has created ad campaigns for brands such as IBM, American Express, HP, and The Gap. Simpson's and Johnson's departures follow those of several other key PayPal ad leaders, including the company's VP of global brand marketing, director of global brand advertising and creative services, and senior director of brand marketing. Got more information about this story or another ad industry tip? Contact Patrick Coffee on Signal at (347) 563-7289, email at [email protected] or [email protected], or via Twitter DM @PatrickCoffee. You can also contact Business Insider securely via SecureDrop.SEE ALSO: Top ad industry salaries, revealed: How much the biggest holding companies including WPP, Publicis, and Omnicom pay employees, from junior account directors to global creative leads Join the conversation about this story » NOW WATCH: What it's like inside North Korea's controversial restaurant chain
China
There is a consistent battle in the smartphone market and every month, there is a list of top-performing devices. July is gone and we are ... The post Top 10 Android flagship smartphones for July 2020 appeared first on Gizchina.com.
UK
Next spring is going to be a busy time for Mars. In close succession, three spacecraft will arrive at the planet, joining the dozen or so craft already circling Mars. Two of the spacecraft were launched in the past couple of weeks by newcomers to martian exploration: the United Arab Emirates’ Al-Amal (meaning Hope) and China’s Tianwen-1 (which means Question to Heaven). The third vessel will be NASA’s Mars 2020, containing the Perseverance rover, which just took off successfully from Florida. While this rover will be just one of many on the red planet, it is our best bet for… This story continues at The Next Web
UK
"Significant obsolescence issues in the supportability of the core system" The post “Significant Obsolescence Issues”: IBM Lands MOD Extension for Aging UK Air Control System appeared first on Computer Business Review.
UK
More proof of the Xbox Series S may have been revealed, if this white Xbox Series controller leak is anything to go by.
1
UK
Nearly a year ago, Bugatti unveiled its cheapest vehicle ever at the 2019 Geneva International Motor Show. The car was called the Baby Bugatti II and was a three-fourths scale replica of the iconic racing car from the 1920s that bought the brand to racing fame. Bugatti points out that while all 500 cars were sold only three weeks after … Continue reading
UK
On 23 July 2010, five lads were thrown together during filming of The X Factor’s bootcamp stage to form a band.No one – not even Simon Cowell – could have predicted what would happen next, as Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson and Liam Payne went from talent show hopefuls to worldwide pop sensations One Direction.  Despite not winning the series, the group became the most successful act The X Factor ever spawned, with their global popularity further cementing the show’s significance in the pop culture landscape. As 1D celebrate their 10th anniversary, we’re rewinding back to 2010 with a closer look at where it all started for them, reliving the heydays of The X Factor’s seventh series. In 2010, X Factor’s popularity was at its absolute peakAs viewers, we were hooked on the talent show, with nearly 14 million of us tuning in each week – a ratings record for the show that was never beaten in later series.  It was the third consecutive year that the panel was the sameSimon Cowell, Cheryl (then) Cole, Louis Walsh and Dannii Minogue were once again the judges, but Dannii was missing from the auditions and bootcamp stages, as she was on maternity leave, pregnant with her son Ethan with then-boyfriend Kris Smith. With Dannii absent, it was up to a whole host of guest judges to fill in for herGeri Halliwell was first up in Glasgow, with Natalie Imburgulia joining in Birmingham, Katy Perry in Dublin, Pixie Lott in Cardiff and Nicole Scherzinger in Manchester. Simon, Cheryl and Louis took on the London auditions as a threesome. The 2010 series was making headlines before it was even on air During filming of auditions in Cardiff, Cheryl was taken ill and was later diagnosed with Malaria. Cheryl contracted the disease on a trip to Tanzania, on the east coast of Africa, with rumoured then boyfriend Derek Hough. Cheryl spent four days in intensive care at London’s Cromwell hospital, before being moved to a respite ward for another week. In the meantime, auditions in Manchester went ahead without her.Those auditions served as Nicole’s first appearance on the panelWith Cheryl still too sick to judge Bootcamp, the former Pussycat Doll filled in for her during filming there too. This stint on the show led to Nicole being announced as a co-host of the new US version of the show in 2011, alongside Steve Jones. However, when Cheryl was dropped from the US panel after just a few days of filming Stateside, Nicole moved into her seat, prompting years of reports of a feud between the pair.Nicole also took up a permanent position on the UK panel, serving as a judge on and off between 2012 and 2019.As the auditions began airing in the August of 2010, viewers fell in love with many contestants. Gamu Nhengu’s audition marked her out as an early favourite (more on her later)... While Katie Waissel’s performance made her one to watch – albeit not necessarily for her singing...  A certain Liam Payne returned to audition two years after making it through to Judges Houses’, impressing with his rendition of Feelin’ Good... And four other lads by the names of Harry Styles, Louis Tomlinson, Niall Horan and Zayn Malik also tried their luck… A 16-year-old Cheryl look-a-like by the name of Cher Lloyd was told she was “right up my street” by her idol… While no-one could have predicted what happened next when best friends Abi and Lisa took to the stage to perform a tuneless rendition of That’s My Goal“She punched her in the face!” However, the show faced accusations that it had exploited one contestantShirlena Johnson was later asked to leave the show because of concerns over her mental health. Producers said the medical report from her general practitioner, requested during bootcamp, arrived late. Viewers also picked up on the fact some contestants’ auditions appeared to have been auto-tunedX Factor bosses later admitted to using vocal enhancement processes. A spokesperson said at the time: “The judges make their decisions at the auditions stage based on what they hear on the day, live in the arena. The footage and sound is then edited and dubbed into a finished programme, to deliver the most entertaining experience possible for viewers.”Bootcamp saw former judge turned creative director Brian Freidman put the contestants through their pacesWhile some rose to the challenge, others struggled with his choreography. Zayn Malik in particular had an aversion to dancing, and walked out of one class, not wanting to throw any more shapes... During bootcamp, it was Nicole who suggested raising the age of the Overs category from 25 to 28, as she believed there was so much talent in the older group. But that wasn’t the only ingenious suggestion Nicole had. After a number of contestants were sent home in Boys and Girls category, she suggested forming a new boyband and a new girlband out of them. For the girls, Geneva Lane, Rebecca Creighton, Esther Campbell and Sophia Wardman were selected to form a band who later became known as Belle Ami, while Liam Payne, Zayn Malik, Niall Horan, Louis Tomlinson and Harry Styles were picked as the boyband. No prizes for guessing what they later became known as. Both Dannii and Cheryl staged triumphant returns to the show as it reached its Judges’ Houses stageThe Boys were flown off to meet Dannii in Melbourne, where she was joined by guest judge Natalie Imburglia, while Cheryl stayed closer to home following her health scare, as she and will.i.am hosted the Girls at Coworth Park in Berkshire. Meanwhile, Louis was joined by former judge Sharon Osbourne in County Limerick in Ireland.Simon’s judges’ houses in Marbella, saw him joined once again by SinittaBecause, who else?There were plenty of memorable performances at Judges HousesOne Direction took on Natalie Imbruglia’s Torn and went from cobbled-together group to serious contenders. They later performed this song again in the live final, prior to being eliminated.  Wagner took on Florence + The Machine... While Treyc Cohen and Cheryl’s ‘readiness’ earned a parody on Harry Hill’s TV Burp… But like most things with The X Factor, there was controversy when Cheryl did not pick Gamu as one of her final four actsDespite Gamu giving an impressive performance, Cheryl instead picked divisive contestant Katie Waisel along with Cher Lloyd, who had messed up her audition. The subsequent media storm became known as Gamu-gate, with around 1,000 people complaining to ITV, and over 200,000 joined a Facebook page called Gamu Should Have Got Through. Cheryl was also reported to have received death threats over her decision to send Gamu home. After Judges Houses, the final 12 were...Aiden Grimshaw, Matt Cardle, Nicola Festa, Rebecca Ferguson, Cher Lloyd, Katie Waissel, John Adeleye, Mary Byrne, Storm Lee, One Direction, Belle Ami and F.Y.D. However, there was a surprise in store, the introduction of a wildcard twistThis meant that four previously axed contestants returned to the competition. They were: Paije Richardson, Treyc Cohen, Wagner and Diva Fever. Throughout the live shows, there were some absolutely iconic performances. Wagner singing Love Shack has stayed very much with us for the last 10 years…  As did Rebecca Ferguson’s dance version of Sweet Dreams…  And Cher Lloyd doing Shakespeare’s Sister’s Stay With Me… Then there was Aiden Grimshaw doing Mad World…  One Direction doing Something About The Way You Look Tonight was also A Moment... As was Matt Cardle singing First Time Ever I Saw Your Face… Having failed to endear herself to the British public, Katie Waissel was a constant presence in the bottom twoAfter landing in the bottom for the third time, things got the better of her during a performance of Please Don’t Give Up On Me, as she sat on the floor and proclaimed “oh, sod it”.  After her fourth time singing for survival, she underwent a dramatic transformation in the hope of inventing herself…And while she was safe the following week, she was finally axed from the competition in week eight thanks to a double elimination There was an infamous showdown between Cheryl and WagnerCheryl was less than impressed with comments Wagner had made about her upbringing during a press interview, and made sure he knew exactly what she thought during a live show.  Cheryl also found herself at the centre of controversy during week five of the competitionAfter two of her acts – Treyc Cohen and Katie Waissel – landed in the bottom two, Cheryl abstained from voting, and therefore the result had to be decided by a majority vote.  The move was criticised by many, who claimed Cheryl was paid in her role as a judge to make difficult decisions, while there were also allegations that the show was fixed to save Katie, which were vehemently denied by The X Factor.Over on The Xtra Factor, Konnie Huq’s time as host didn’t go completely to planAfter succeeding Holly Willoughby, the former Blue Peter presenter made a number of gaffes during her one series hosting the ITV2 spin-off show. The most memorable of which saw her tell all the finalists that they would get to go on tour, only to have to backpedal after realising it would only be the top eight contestants. She also royally annoyed Dannii live on the show... There were some incredible guest performers during the series, most notably Lady Gaga doing Bad Romance in a bathtub dressed as a bat… Cheryl took the the stage to showcase Promise This… Rihanna had a full-on food fight as she performed Only Girl In The World... Jamiroquai had a less than warm reception from Cheryl and DanniiFrontman J Kay had made some comments about them in the press during the week prior to the band’s performance, which led to the pair refusing to applaud.  Nicole Scherzinger gave us this iconic performance of Poison (which is still a 10/10 banger and deserved better)... The cast of Glee performed Don’t Stop Believin’ during the semi-final... When the final rolled round, it was Matt, Rebecca, One Direction and Cher who vied to win the showDuring the famous duets, Matt Cardle teamed up with none other than RihannaIt was a performance that rivalled Alexandra Burke’s duet with Beyoncé, as many viewers noted the electric chemistry between Matt and Rihanna.  In fact, over 2,800 complaints were made to TV watchdog Ofcom over performances in the finale, which also saw Christina Aguilera perform Express from the Burlesque soundtrack. Christina also duetted with Rebecca Ferguson on Beautiful…  While One Direction teamed up with Robbie on She’s The One... And Cher Lloyd got to perform with Black Eyed Peas’ will.i.am on a mash-up of Where Is The Love? and I Got A Feeling... After an incredible final, it was Matt who was crowned the winnerIt was also the second win for his mentor Dannii. Rebecca finished as runner-up, with One Direction in third place, and Cher fourth.  Matt’s winner’s single was a cover of Biffy Clyro’s When We CollideIt charted at number one and managed to stay there the following week to be crowned Christmas number one. But the final moments of the series were remembered for a very different reason This was thanks to Harry Styles whispering “just think about how much....” (we’ll let all you lip-readers fill in the blanks) in Matt’s ear, which was caught on camera. READ MORE: 12 Times One Direction Made Headlines For All The Wrong Reasons Story Of Their Life: 1D Fans On Ten Years Of Fandom And The Legacy Of The Boyband That Changed Everything Quiz: How Well Do You Know One Direction's Tattoos?
China
The work on Android 11 is in full swing. No wonder – Google needs to roll out a stable version at the beginning of September, ... The post Android 11 beta 2.5 is out with a lot of bug fixes appeared first on Gizchina.com.
UK
The Dimensity 720 SoC from MediaTek is out and is the first chipset in its series to be built with 7nm process. It is also one of the cheapest SoC offering 5G connectivity
US
We asked some of the top fintech investors to recommend up-and-coming fintechs that cater directly to businesses. Investors could nominate their own portfolio companies, as well as fintechs they haven't backed, with the caveat that nominees couldn't have raised beyond a Series B round of funding. While responses were wide-ranging, a central theme was automation, with a focus on fintechs that help businesses streamline processes like data management and payments. Here are the 38 up-and-coming B2B fintechs investors are watching. Visit Business Insider's homepage for more stories. When it comes to early-stage investing, any investor will tell you that there's more risk. That said, there's also more reward for backers willing to bet on a young company. And while direct-to-consumer startups like Robinhood and Chime often draw much of the attention in the fintech ecosystem, startups that deal directly with businesses have enjoyed some significant success recently. Look no further than Plaid, which is in the process of being acquired by Visa for $5.3 billion, or Stripe, whose latest funding round put it just shy of a $36 billion valuation.  Read more: Here's how 44 insiders at powerful banks, buzzy startups, and big investors are thinking about financial innovation — and why the term 'fintech' may be on its last legs Fintechs investors, it appears, have noticed. Business Insider asked 27 of the top fintech investors to pitch us on up-and-coming fintechs. It's worth noting more than 63% of the submissions were startups that cater to businesses, not consumers. While investors could nominate both their own portfolio companies and those they haven't invested in, we set a fundraising limit of no startups that had moved beyond a Series B raise. Investors' picks varied, but a major theme was automation — fintechs that help other companies streamline things like data management, expense tracking, and payments. Here are the 37 up-and-coming B2B fintechs to watch. See more: 22 fintechs that VCs and big investors say are on the brink of becoming household namesSEE ALSO: 22 fintechs that VCs and big investors say are on the brink of becoming household names SEE ALSO: 4 top VCs explain why Stripe, Square, and Finix are going to be big winners in a post-COVID-19 world Alloy Cited by: Bessemer Venture Partners (investor), Insight Partners, Index Ventures Total raised: $19 million What it does: Alloy streamlines the process of onboarding and managing clients for financial firms, helping companies collect customer data from various sources. The New York-based startup helps firms with identification and compliance concerns.  Why it's hot in 2020: "As digital transactions continue to increase, so does the rate of financial fraud, thus companies must walk a tightrope between maintaining robust compliance methods and offering a low-friction customer experience; Alloy does exactly this," said Brad Fiedler, investment associate, and Teddie Wardi, managing director at Insight Partners. "Their client base grew by more than 800% in 2019 and their team has been scaling nicely since then." "Banks and fintechs need help understanding the identity of their customers, and Alloy has built a platform that makes it easy to do so. We're not investors but are big fans of the team and the market opportunity," said Mark Goldberg, partner at Index Ventures.  "Alloy is growing quickly, having differentiated in a crowded market of data vendors and software providers by taking a developer-first approach and positioning themselves as a key partner to the top legacy and emerging vendors in the industry and as an orchestration layer that sits above them all." said Charles Birnbaum, a partner at Bessemer Venture Partners.  Altruist Cited by: Clocktower Ventures Total raised: $8.5 million What it does: Altruist helps financial advisors improve on the customer experience they provide. The California-based startup offers cutting-edge tools to RIAs that allow them to operate more efficiently. Why it's hot in 2020: "This is the first time we see a platform that focuses on allowing financial advisors to provide the same all-around top-notch experience that has been so far reserved only to D2C roboadvisors or self-directed neo brokerage apps — RIAs can now operate more efficiently and delightfully with frictionless onboarding and account opening, a UX first design, and commission-free trading," Adriana Saman, associate at Clocktower Ventures, said.  Bambee Cited by: QED Investors Total raised: $18 million What it does: Bambee, a Los Angeles-based startup, offers human-resource managers for small businesses starting at $99 a month. After setting up policies, the manager continues to work with the company to insure they are maintained and managed correctly. Why it's hot in 2020: "96% of small businesses do not have an HR manager and Bambee is seeking to fill that gap. The extraordinary team, led by CEO Allan Jones, is providing full HR-in-a-box solutions to companies that would otherwise have no dedicated HR, reducing risk, anxiety and inefficiency and allowing SMBs to focus on their businesses," QED Investors cofounder and managing partner Nigel Morris said. Beacon Cited by: Centana Growth Partners (investor) Total raised: $41 million What it does: The New York-based startup caters to developers at financial firms looking to improve on the speed at which they are able to build out new solutions or tools. Thanks to their use of the cloud, Beacon helps users improve their efficiency around how they develop and deploy new tech.  Why it's hot in 2020: "Beacon's founders are innately innovative. They've built similar technology at Goldman Sachs, JPMorgan, and Merrill Lynch, and this time they are building this technology on the cloud. Their vision has always been to make modern, efficient capital markets software available to a broad range of clients in addition to the biggest banks," said Eric Byunn, cofounder and partner at Centana Growth Partners.  BillGO Cited by: Commerce Ventures (investor) Total raised: Declined to disclose What it does: BillGO aims to update how bill payments are processed. The Colorado-based startup's bill payments engine includes real-time payments and advanced capabilities for customers.  Why it's hot in 2020: "Bank-based online bill pay hasn't changed much in a decade, which has enabled billers to persuade more and more consumers to store their payment credentials directly on biller sites. This makes it harder for consumers to track all of their bills and expenses in one place, and thus keep on top of their finances. BillGO enables banking and personal finance players to once again centralize bill payment for consumers as well as, for the first time, deliver broad, and rich access to digital bill presentment. This will shake up the $4 trillion bill pay industry in the next 12 to 24 months," said Dan Rosen, general partner at Commerce Ventures. Bison Trails Cited by: Kleiner Perkins (investor) Total raised: $30.75 million What it does: Bison Trails is a New York-based fintech focused on helping companies manage infrastructures built across multiple blockchains. The startup includes coverage of over 24 different blockchain protocols.  Why it's hot in 2020: "Bison Trails is democratizing access to blockchain infrastructure, akin to what AWS did for storage and compute. They currently support more than 20 protocols and often work closely with the builders, developers and investors to ensure these protocols launch smoothly. That infrastructure will be key to the next wave of blockchain innovation, serving as a developer tool and distribution building block," said Monica Desai Weiss, an investor at Kleiner Perkins.  Built Cited by: Index Ventures (investor) Total raised: $55 million What it does: A provider of construction finance technology, Built ensures efficient flow of money between all parties of a project. The Nashville-based startup offers updates in real-time to mitigate risk and speed up the process.  Why it's hot in 2020: "Every year, banks lend trillions of dollars to builders to fuel the construction market. But most banks still rely on spreadsheets and paper to manage payouts — leading to project delays and additional costs," Index Ventures' Goldberg said. "Built is creating a new category of software to bring this market into the 21st Century. Based in Nashville, it's one of the fastest-growing (and least well known) companies in our early stage portfolio." Checkout.com Cited by: Insight Partners (investor) Total raised: $380 million, according to Crunchbase What it does: Checkout.com is an API-based payments startup that enables merchants to accept electronic payments from around the world through one integration. Why it's hot in 2020: "It's been a busy year for Guillaume and his team — from May 2019 to May 2020, transactions increased by 250% and the business added 500 new employees. Riding their recent momentum, the team raised a Series B at a $5.5B valuation in June, which is up 3x from their first institutional round just one year ago and makes it one of the highest valued (yet still not a household name!) fintechs in Europe. The Checkout platform has a unique global presence with footprints on every continent, a growing set of proprietary value-add services, and a long list of innovations to come. Perhaps most impressive in an age of high-burn startups, the business has been profitable since its founding in 2012," said Deven Parekh, managing director at Insight Partners. Cherry Cited by: DCM (investor) Total raised: Declined to disclose What it does: Cherry is a point-of-sale financing startup that enables merchants to offer flexible payment plans to their customers. Why it's hot in 2020: "Think 'Affirm for offline businesses.' Particularly in the current recession, customers value payment flexibility and most local businesses are hurting for customers. Auto repair shops, for example, is a category Cherry serves, and they've been growing rapidly through Covid-19," Kyle Lui, partner at DCM, said. Read more: Buy now, pay later startups are surging. But Affirm CEO Max Levchin says the industry will see a shakeout as the pandemic hits borrowers. Codat Cited by: Point72 Ventures Total raised: $18.9 million What it does: Codat looks to improve the flow of data between small businesses and the banks and fintechs they're working with. The London-based startup allows companies to avoid exchanging information regarding accounting or payments via email, instead offering a more fluid channel for the two sides to connect.  Why it's hot in 2020: "Business financial data is siloed across different software platforms. As a result, delivery of business-facing financial services is slow and full of manual processes. Codat has the opportunity to become the central hub for all business data — accounting, banking and commerce — and improve the delivery of financial services to small businesses." said Tripp Shriner, a partner at Point72 Ventures.  CyberCube Cited by: Pivot Investment Partners Total raised: $35 million, according to Crunchbase What it does: CyberCube works with insurance companies to help them better understand their cyber risk. Its risk analytics and modeling help to determine the financial impact of a cyberattack. Why it's hot in 2020: "CyberCube is poised to benefit by operating at the intersection of two powerful forces: A) Cyber has become the fastest growing line of insurance to emerge in decades, yet, most firms still lack the data and analytic tools to effectively participate in this market. B) Companies are increasingly vulnerable and stand to lose billions in value from amorphous cyber-crimes," said Atit Amin, fintech investor at Pivot Investment Partners.        Digits Cited by: Sapphire Ventures, Sequoia Capital Total raised: $32.5 million, according to Crunchbase What it does: Digits is an expense management platform for small businesses. Why it's hot in 2020: "This is another early-stage company that's disrupting the financial sector. Companies have to apply for access, so it's pretty stealthy. In fact, they're still in stealth mode. Digits plays in the expense-management space. Digits' tech sits top of a company's existing accounting package, connects with existing financial institutions, and amplifies and reinforces accountants' work," said David Hartwig, managing director at Sapphire Ventures. "Digits is solving an important problem for companies: real-time cash management. The founders Jeff and Wayne are excellent product thinkers, and their technology is lightening the load on finance teams," said Shaun Maguire, partner at Sequoia Capital. DriveWealth Cited by: Point72 Ventures (investor) Total raised: $54.3 million What it does: DriveWealth enables companies to offer investing products without having to worry about managing an entire brokerage operation. The New Jersey-based startup has also helped foster the rise of fractionalized trading via a tool known as "the fracker." Why it's hot in 2020: "They enable anyone from large technology companies (Square) to smaller banks provide trading and digital wealth experiences. With a set of APIs, anyone can launch a product like Robinhood or Betterment. We're seeing that financial-services providers need to offer a full suite of products to their customers, and we believe DriveWealth is the best way to offer new investment experiences," Point72 Ventures' Shriner said.  Read more: Robinhood, Fidelity, and Charles Schwab are racing to give customers the chance to buy $1 slices of stocks. We talked to a dozen insiders about who wins, who loses, and what it says about trading today. Earnest Research Cited by: Pivot Investment Partners (investor) Total raised: $19.4 million What it does: This New York startup offers data analytics for financial firms, consumer brands and consultants. Earnest Research analyzes and processes transactional data to give a sense of customer trends and behaviors.  Why it's hot in 2020: "As the amount of stored electronic data grows exponentially, extracting value from that information will provide the means to which firms stay relevant. Working with data partners, Earnest creates consumer and market research analytic products derived from the aggregated and anonymized transactional data of millions of US consumers. Leading buy-side firms and Fortune 100 corporates deploy its software to gain a deeper understanding into the KPIs impacting performance at public and private companies, as well as the secular shifts in consumer behavior that drive the US economy," Pivot Investment Partners' Amin said.     Eventus Systems Cited by: Jump Capital (investor) Total raised: $18.5 million, according to Crunchbase What it does: This Austin, Texas-based startup offers trade-surveillance and risk-management software. Eventus offers a holisitic view to customers, covering trading, operations, compliance, and risk management.  Why it's hot in 2020: "Rising trading volumes have only increased market and regulatory risk for financial market participants who are already spending $1 billion per year on trade surveillance technology. Eventus' market-leading solution has enabled the company to become a default choice for large established firms seeking a better surveillance and risk solution, and the dominant player in rapidly growing crypto trade surveillance market," Peter Johnson, principal at Jump Capital, told Business Insider.    Fidel Cited by: Citi Ventures (investor) Total raised: $22.9 million What it does: Fidel offers an API for businesses to access real-time card payment data.  Why it's hot in 2020: "During the last decade we have seen tremendous value generated by startups that create a connectivity layer on top of disparate legacy systems. Improving and creating the digital 'plumbing' has produced tremendous outcomes for companies such as Plaid, Stripe and Twilio. By making the underlying payments infrastructure more accessible, Fidel empowers developers to build applications and services that drive value back to the end user. A user's payment card holds a huge amount of information that once unlocked can produce a new wave of innovation that benefits the users," said Luis Valdich, managing director at Citi Ventures. Finix Cited by: Insight Partners (investor) Total raised: $65 million What it does: Finix is a provider of payments infrastructure for companies that want to embed and manage payments in-house, as opposed to relying on a third party. Why it's hot in 2020:  "The company's explosive growth started in 2019 when they began processing billions of dollars worth of payments for dozens of customers including Kabbage, Lightspeed POS, and Passport — a 20x growth in payments volume. Over the past 12 months, Finix has raised capital from firms including Insight, Sequoia, Bain, and Visa, added former Secretary of Commerce Penny Pritzker to its board, and recently launched a new product — Flex — to make their product accessible to smaller platforms," said Rebecca Liu-Doyle, vice president at Insight Partners. Read more: A startup aimed at disrupting payments and taking on Square and Stripe just raised a $35 million Series B led by Sequoia Capital Glean Cited by: Sapphire Ventures Total raised: $2.9 million What it does: Glean is software for businesses to manage their vendor spend. Why it's hot in 2020: "This very early-stage, business-oriented fintech startup was founded by 2x CFO Howard Katzenberg. Howard was the CFO of Better Mortgage and OnDeck, which was a Sapphire Ventures investment prior to going public. Glean goes after a problem that Howard noticed during his time at Better Mortgage and OnDeck, namely that managing spend, even within a small business, is like playing wack-a-mole, which takes a lot of energy and doesn't use a lot of intelligence. Glean's technology enables SMBs to lower vendor costs by analyzing core drivers of spend and finding non-intuitive insights — all with the power of machine learning," said David Hartwig, managing director at Sapphire Ventures. Glia Cited by: Insight Partners (investor) Total raised: $29 million What it does: Glia is a digital communications startup that offers its clients – banks, credit unions, and insurance companies – a customer service platform with messaging, video chat, phone calls, and AI, all consolidated into a single system. Why it's hot in 2020: "Everyone at some point has experienced the frustration of speaking with an agent at a traditional call center — enduring long wait times and a battery of security questions before finally reaching an agent, only to be transferred to a different agent who has no context around what the customer was doing on the web or mobile and what they've already explained to other agents. By allowing interactions to switch seamlessly between various channels, and allowing the agents to help customers navigate through web and mobile experiences (e.g. applying for a mortgage) in real-time, Glia reduces average handle times while improving both the end-to-end customer and agent experiences,"  said Lonne Jaffe, managing director at Insight Partners. Global Data Consortium Cited by: Edison Partners Total raised: $3.5 million What it does: Global Data Consortium functions as a singular touchpoint for businesses looking to verify the identity of customers across the globe. Based in North Carolina, GDC offers verification capabilities in over 50 countries.  Why it's hot in 2020: "I am excited about Global Data Consortium in the digital identity and compliance space. Big fan of the founding team and what they've built so far with their global identity verification platform, with a unique, international data play; and they just announced a partnership with Experian. Definitely one to watch, especially given how identity market continues to be of a significant focus and growth in this time of accelerated digitization." said Jennifer Lee, principal at Edison Partners.  Groundspeed Analytics Cited by: Oak HC/FT (investor) Total raised: $32 million, according to Crunchbase What it does: Groundspeed Analytics focuses on helping insurance carriers and brokers organize and analyze their data, the vast majority of which traditionally went unused. Customers are able to improve on margins and customer experience by accessing the unstructured data via the Ann Arbor, Mich.-based startup.    Why it's hot in 2020: "Most innovation relies on having access to quality structured data as a starting point. This data allows innovators to run analytics and use AI/ML to change how products are priced, serviced and delivered. However, today that data is not organized or standardized in a format that brokers or carriers can actually use and benefit from," said Tricia Kemp, cofounder and managing partner at Oak HC/FT. "[Groundspeed] has many of the top brokers and carriers as customers and have already positioned themselves as the leader in data structuring and friction-less analytics for the industry," she added. Investor Cash Management (ICM) Cited by: Visa Ventures Total raised: $6 million What it does: ICM partners with asset and wealth managers to offer cash management investment vehicles to consumers. Through ICM's accounts, consumers get access to government money market funds, ETFs, and other high-yield products. Why it's hot in 2020: "ICM leadership is passionate about promoting financial inclusion: ICM converts individuals into investors, and then enables them to earn ~10x higher returns on their liquid assets and savings. ICM is seeing strong demand for its cash management account (CMA) product. ICM clients include trillion-dollar asset managers such as Invesco and leading wealth management firms such as Cabana. ICM has also launched programs in India with affiliates of large foreign banks. Furthermore, ICM is now working with large community organizations to promote savings and reduce the racial/gender investment and wealth gaps," said Kevin Jacques, VP of Visa Ventures Mantl Cited by: Point72 Ventures (investor) Total raised: 11.3 million, according to Crunchbase What it does: New York-based Mantl aims to improve how banks and credit unions open up accounts for customers. The startup's solution can embed with a customer's older tech stack, meaning an entire overhaul isn't required to improve the client experience.  Why it's hot in 2020: "They're a consumer and business account opening that helps banks and credit unions provide their users with a modern experience without having to change their underlying core infrastructure. We like this name because A) They enable the country's smaller financial institutions to compete with the big guys and fintechs on digital experience. B) Covid has highlighted how critical account opening is," Point72 Ventures' Shriner said.  Read more: Investors at Point72 and Goldman Sachs believe industry giants like FIS and Fiserv will be the next to be disrupted by fintech. Here's where they are most susceptible. Modern Treasury Cited by: Activant Capital Total raised: $10 million What it does: Modern Treasury is an API-based payments operations system. It helps companies automate things like sending payments and reconciling money movement. Why it's hot in 2020: "They're automating the treasury function within companies, which can be very expensive from an opex perspective — Goldman estimates that the global costs associated with accounts payable (AP) is ~$2.7 trillion. In the US alone ~$187 billion is spent annually on the direct processing and labor costs and ~$510 billion if you include indirect costs like working capital and cross-border fees. We've seen the opportunity across our portfolio and as the ACH payment rails shift closer to real-time payments massive opportunities exist to embed payments automation into the workflows of large organizations," Steve Sarracino, founder and partner at Activant Capital, said. Moov Cited by: Activant Capital, Kleiner Perkins, and Bain Capital Ventures (investor) Total raised: $5 million  What it does: Moov allows users to create banking and payment functionality in their app seamlessly. From client onboarding to money transfers, the startup covers a variety of banking services.  Why it's hot in 2020: "Moov.io is bringing the open-source movement to fintech, which could serve as a huge unlock for the next wave of builders. They're navigating both sides of typically complicated negotiations, allowing fintechs to work with traditional financial services and data providers with a new level of ease and implementation velocity," Kleiner Perkins' Desai Weiss said.  "Over the next five to 10 years we expect to see substantial advancements in the infrastructure layer for banking and financial services. nCino's IPO listing was a great example of this wave picking up steam and the legacy incumbents like Fiserv and FIS (with a combined market cap of $150 billion) are ripe for disruption. One company we're following is Moov, an early-stage banking-as-a-service startup that works in the cloud or on-prem and offers a suite of services from account creation through bill pay, KYC, wire transfers and more," said Activant's Steve Sarracino. "Moov.io is a developer-first, open source banking-as-a-service offering that enables banks, fintechs, and technology companies to seamlessly embed financial services into their product suites," said Matt Harris, a partner at Bain Capital Ventures.  Mulberry Cited by: Two Sigma Ventures Total raised: $12.75 million What it does: The New York startup allows ecommerce sites to embed warranties seamlessly in their platform at the point of sale. In doing so, merchants can tap into additional revenue and increase customer loyality. Why it's hot in 2020: "It can be difficult to identify a solution that addresses pain points across different stakeholders in a mutually beneficial way, but that's exactly what Mulberry has managed to do with its platform. They are helping retailers quickly and easily launch warranty programs (that also generate revenue), while also improving customer experiences with simple, low-cost warranty options at the point of sale. It's a true win-win for merchants and their customers. They have identified a niche space that has been overlooked that is ripe for disruption and have a solution that can be scaled globally," said Colin Beirne, partner at Two Sigma Ventures. Neuro-ID Cited by: Jump Capital Total raised: $9.7 million What it does: This Montana-based startup offers insight into the behavior of financial firms' customers. As a result, Neuro-ID helps firms lower the chances of fraud and improves the client-onboarding experience.  Why it's hot in 2020: "As financial institutions rush to onboard new customers, they are struggling to balance the desire to increase conversion rates by reducing friction with the need to manage risk and fraud. Neuro-ID's solution is empowering leading online lenders, payment processors, and insurance companies to personalize and enhance the digital customer journey in ways that smartly increases conversion rates," Jump Capital's Peter Johnson said.      Nova Credit Cited by: Kleiner Perkins (investors) Total raised: $70 million What it does: Nova Credit helps immigrants get approved for financial products in the US despite their lack of credit history in the US. The startup works with international credit bureaus to develop a US credit rating. Why it's hot in 2020: "Nova Credit was built around a recurring pain point in a globalized economy — when you move, your credit doesn't move with you. They've done the incredibly operationally-intensive work to change that, and to unlock financial products like credit cards, auto loans and even cell phone plans to immigrants. With that mission, Nova Credit is leading the way in thinking about alternative data sources as we expand access in this next wave of fintech," Kleiner Perkins' Desai Weiss said.  Read more: American Express is adding cross-border credit checks from startup Nova Credit — giving it an in with potential card customers that used to be tough to approve Ocrolus Cited by: Oak HC/FT (investor) Total raised: $33 million What it does: This New York-based startup uses artificial intelligence to automate the analysis of documents such as bank statements, IDs, tax forms, and invoices. Operating at more than 99% accuracy, Ocrulus can speed of back-office processes that were previously highly manual.  Why it's hot in 2020: "The company is also incredibly nimble and after the CARES act was announced, quickly created a tailored product to help banks process the applications faster and get these key funds in the hands of small business," Oak HC/FT's Kemp said. "They have ubiquitous market share with online lenders, providing mission critical analysis on top of their data and are moving quickly into other verticals," she added. Read more: Fintechs working with lenders and small businesses explain the pain points still plaguing the latest $320 billion round of PPP loans Privacy.com Cited by: Oak HC/FT  Total raised: $17 million What it does: Privacy.com gives users additional security when making payments online with the ability to control how their card is used. Customers can create single-use cards or put spend limits on cards to limit fraud and provide increased protection.  Why it's hot in 2020: "Privacy has built all-in-one platform enabling technology providers to issue virtual cards all through an API, in a secure, user-controlled manner on top of almost any platform. In the past there needed to be 5+ separate agreements and negotiations to issue a card that can make payments in a virtual online transaction," Oak HC/FT's Kemp said. "The use cases span from using a different card for any transaction, setting spend amount or type limits, and will evolve to enable technology companies to build countless financial use cases and products on top and putting the control of the transaction, data, and privacy back into the hands of the consumer," she added.   Railsbank Cited by: Visa Ventures (investor) Total raised: $14.4 million What it does: Railsbank is a banking-as-a-service offering. It provides APIs to fintechs and financial institutions who want to deliver digital banking and financial services to their own end customers. Why it's hot in 2020: "Despite COVID-19 impacting businesses around the world, Railsbank is growing at an exceptional rate, more than 350% per year as there is actually heightened demand to enable modern digital-banking experiences. Railsbank just announced their expansion into North America last week and the launch of their enabling 'credit-as-a-service' offering. The credit-as-a-service offering is relatively unique. Only a handful of companies can do this in North America today, and it will allow clients to launch some exciting new products," said Kevin Jacques, vice president of Visa Ventures. Ramp Cited by: DCM Total raised: $25 million What it does: Ramp is a corporate card with automated savings features and cash back. Why it's hot in 2020: "[Ramp is a] real challenger to Brex in the corporate card space, but focused on larger growth-stage companies with larger cash balances but serious about saving money — particularly relevant in this post-Covid recessionary market," said DCM's Kyle Lui. Read more: A startup that's raised $25 million from Keith Rabois and Coatue is going up against $2.6 billion Brex and pitching itself as the Honey of corporate cards Roger Cited by: Financial Venture Studio (investor) Total raised: $9.5 million What it does: This startup automates accounting for small and midsize businesses. Roger can handle all bills, invoices and expenses, speeding up the time it takes to manage accounts.  Why it's hot in 2020: "The impact of COVID-19 on the workplace has only accelerated the need for firms to digitize the accounts payable process, and we expect the company's strong early growth to continue to accelerate in the coming years," said Ryan Falvey, managing partner of Financial Venture Studio.         SentiLink Cited by: Bessemer Venture Partners Total raised: $15 million What it does: The San Francisco-based startup stops synthetic fraud, or the use of fake identities to defraud financial firms. SentiLink's technology is able to suss out fake profiles and applications through the analysis of statistical anomalies.  Why it's hot in 2020: "SentiLink has a really strong, experienced team and is solving a very fast-growing problem in the market with a unique platform and developing data asset," Bessemer Venture Partners' Birnbaum said.  Stratyfy Cited by: Point72 Ventures Total raised: $1.8 million  What it does: Stratyfy aims to help lenders avoid unfair bias when viewing an applicant. The New York-based startup uses machine learning to help empower analysts with a model that is explainable.   Why it's hot in 2020: "Outdated credit risk assessment models lead financial institutions to reject too many good applicants and introduce unintended bias that results in reputational damage and lost revenue. Stratyfy's industry-agnostic decisioning engine enables analysts to better understand decisioning and detect bias, leading to fairer lending to more people." Point72 Ventures' Shriner said.      Trellis Cited by: Bain Capital Ventures Total raised: Declined to disclose What it does: Trellis expedites the process of getting the right insurance coverage. Customers are able to share private information to make sure they are able to get the most personalized coverage.  Why it's hot in 2020: "Through modern software and APIs, Trellis makes it faster and easier for consumers to get the best value offering. The offering enables users to share their private insurance information, which in turn allows insurers to replace the cumbersome, complex journey of finding the right insurance, with a personalized, easy experience." Bain Capital Ventures' Harris said. Unqork Cited by: Activant Capital and Centana Growth Partners Total raised: $158.2 million What it does: Unqork is a no-code platform for legacy financial institutions like banks and insurance companies to build software. Why it's hot in 2020: "We've seen first-hand with Truework the massive opportunities for modern infrastructure not just at large banks but also the long tail of credit unions and community banks. Similar to the RPA revolution we've seen over the past few years with companies like UI Path, we see a similar opportunity for UnQork," Steve Sarracino, founder and partner at Activant Capital, said. "Unqork is led by senior management with a depth of knowledge for the financial services and enterprise software space. Its no-code platform has been rolled out at major financial services institutions and governments, enabling quick response to customer onboarding and COVID-19, among other applications," said Ben Cukier, cofounder and partner at Centana Growth Partners.  Vise Cited by: Sequoia Capital (investor) Total raised: $18 million What it does: Vise uses artificial intelligence to help independent financial advisors offer more personalized portfolios to their customers. As a result, advisors can focus on managing clients and building their business.  Why it's hot in 2020: "Vise is rethinking decades of institutional wisdom and disrupting the wealth management industry, one of the biggest markets on Earth. With the compelling tailwinds of a push for more personalization from consumers, advisors seeking advanced technology and the industry moving toward zero-commission trades, Vise is in a prime position to be the central nervous system of the wealth management industry," said Shaun Maguire, partner at Sequoia Capital.  Read more: Sequoia Capital is betting zero commissions will transform wealth management — and it's placing a big bet on an AI-based stock-picking startup for financial advisers
US
On July 21, 2020, NASA will reach the out-of-this-world milestone
US
Former Apple design chief Sir Jony Ive is the current chancellor of the Royal College of Art, a prestigious art and design institution based in London. He has just curated a collection for the RCA's annual graduate show, held this year online for the first time thanks to disruption caused by the pandemic. Ive's curated collection, "Optimistic, Singular and New", comprises work from graduate creatives across the fields of architecture, arts and humanities, communications, and design. Check out some of Ive's picks below. Visit Business Insider's homepage for more stories. Jony Ive, the influential Apple designer who stepped down from the company in 2019, is helping foster a new generation of artistic and creative talent. In 2017, Ive was appointed chancellor of the Royal College of Art (RCA), a prestigious London institution for art and design whose alumni includes the painter David Hockney, architect Thomas Heatherwick, and designer and engineer James Dyson. Ive has been a huge influence on everyday technology, having designed the iPhone, iPod, iPad, MacBook, and Apple Watch, and left Apple last year to pursue his own projects. This week, the RCA launched its 2020 graduate show online for the first time thanks to disruption by the pandemic — including a collection curated by the former Apple designer. Business Insider picked out a selection of work from Ive's curated artists below. You can also see the full collection here.Jony Ive's collection is called 'Optimistic, Singular and New' Ive notes that the RCA's graduates will have had to contend with the pandemic, saying: "There is a clarity and boldness that perhaps speaks to the absence of familiar tools or the usual distractions." He continues: "To reconsider fundamental approaches to their work at a time of complete chaos and uncertainty demonstrates a remarkable drive and resolve and is ultimately a victory for creativity in its many areas of practice. This is a particular body of work that I believe will be regarded as significant in the future." Read on for a selection of artists and their work from the 'Optimistic, Singular and New' collection.   Rosa Whiteley's 'In the Pink' Architecture student Rosa Whiteley says her work "addresses the longstanding phenomena of pink death clouds that periodically dominate the arctic atmosphere." 'The toxic and metallic footprints of the death clouds onto the ground have created dead zones, dead forests, dead lakes, dead taxa, and dead people.' Check out Whiteley's full project. Taewon Park's 'Multi-Bang' 'Bang' is the Korean word for room. According to Park: "Bang-culture in Seoul, Korea has expanded and diversified due to a higher demand for housing and Korean gaming culture." Park's work explores alternative ways to design high-rises. Check out Park's full project. Anabel Garcia-Kurland's 'Reclaiming Idleness; the filter bubble effect' Garcia-Kurland says of her project: "This project unravels a personal trajectory of online identity triggered by the discovery of unintentionally offering of all intimate data dating back to 2013. "Through extraction of my own data the project investigates moments in my life which have been influenced by algorithms." See the full project here. Jonny Ryley's 'The Refectory: An Urban Monastery' Ryley says of his project: "Within 'The Urban Monastery', I have focussed on themes of reflection, of contemplation, and of peace, asking how someone can have an encounter of something bigger than themselves upon experiencing a space." Check out Ryley's project. Alex Boyce's 'Oljevegen: The Oil Road' Boyce describes his project: "Oljevegen: The Oil Road, is a critical examination and response to the relationship between landscape, traditional culture, and the emergence of infrastructure along Norway's western coast." Check out the full project. Ping Mu's 'Cyberspace Odyssey' Ping Mu tried to capture the "cognitive alienation" of the pandemic, noting that the constant glow of screens has replaced the experience of going outside and being in nature. Ping Mu writes: "[I] projected my behaviour onto an ape. She wanders in a mixed space of reality, dreams and cyberspace. She is sometimes anxious, sometimes lonely, sometimes angry, like a trapped animal under house arrest in a modern prison." Blanca Rivera Fernandez's 'Dedalyx' Healthcare designer Blanca Rivera Fernandez conceived skin-like thimbles to be worn on the fingers. The idea is that surgeons wear the device, allow their movements to be monitored, and trainees can then learn from them. "By using the thimbles, the trainee can mimic the surgeon's hands movements unlimited times while receiving real-time feedback," she says. "This fact allows the user to know where and how to improve the movements to avoid tissue damage, for instance." Check out the full project here. Lydia Pettit's 'I Picked at the Wall Next to my Bed' Pettit explores living with PTSD, using painting, textiles, and embroidery to explore trauma, the body, and mental illness. "My work uses self portraiture to show the mirrored effect of looking into trauma, looking into yourself, and accepting the embrace of recovery," she writes. Check out Pettit's work here. Olivia Sterling 'Colouring In' Sterling's 'Colouring In' range is, she writes, "influenced by children's colouring books fused with infographic imagery in order to further bring emphasis to marginalisation and the absurdity of discrimination." Check out Sterling's body of work here. Marcela Baltarete's 'MARCEL/A - A journey of digital introspection and relief - Part II' 3D modeller and animator Marcela Baltarete says their work is a kind of therapy, a distancing from the experiences of gender dysphoria and illness. They write: "They approach their work in a therapeutic way, while portraying the idea of rejection and acceptance of certain anatomical parts through animated extrusions that signify their own body's discomfort but also investigate the possibility for self-acceptance and reconciliation of mind and body." Check out Baltarete's work here. Benjamin Mehigan's 'A Golden State' In his series, Mehigan pays homage to the photo book, presenting modern-day California in the context of the ravaging of wildfires. He writes: "There is no single readable prose but rather a multiplicity of layers that intersect and overlap, representing and critiquing the State and it's ecological crisis as a complex catastrophe of systematic subtexts: insufficient governance; inappropriate policy; dangerous material culture and architectural indulgence." See Mehigan's work here.
UK
Drones and satellite imagery probably better than sending out four helicopters at a time – or counting poop Herbivores may not be the first things that spring to mind when devising the latest application of the technology world's overflowing toolbox, but there it is.…
UK
Chat and Meet rolled into the inbox along with other bells and whistles Google is to shovel yet more bells and whistles into its Gmail client in an effort to demonstrate its collaborative chops in an increasingly crowded marketplace.…
1
US
Workers will have an extra three months to work remotely as coronavirus surges
China
The report comes shortly after Tencent purchased Malaysia-based streaming service Iflix.
US
Cybersecurity inevitably suffers when scares infect the populace. The COVID-19 outbreak appears to be the most acute global crisis since the Second World War.Every aspect of the COVID-19 crisis has been exploited by opportunistic hackers, terrorists, and other criminals. In addition to capitalizing on rampant fear, uncertainty, and doubt, attackers are targeting a fresh new honeypot of federal aid, in the form of payouts from unemployment checks, stimulus checks, and the Paycheck Protection Program. [ DevSecOps: How to bring security into agile development and CI/CD ] Social engineering cyberhacks prey on pandemic anxieties Pervasive social engineering attacks are hindering the world’s coordinated response to the COVID-19 emergency. As noted in this recent press report, cyberattacks have spiked during the first half of 2020. The FBI noted that as of May 28, it had received nearly the same number of complaints for this calendar year as for all of 2019.To read this article in full, please click here
US
You can easily hide and unhide columns in Excel by individually revealing hidden columns or using the "Format" option to unhide all hidden cells.Hiding columns is helpful, especially when working in large documents or hiding information you won't need until later, but don't want to delete.Visit Business Insider's homepage for more stories.Excel is great for sorting large amounts of data, whether it involves alphabetizing, adding, or merging cells.While organizing this data, you may find it helpful to hide columns you are no longer using, but don't want to delete from your document.You can also achieve this by using the drop-down menu in the home tab.
US
Swedish kit vendor Ericsson is helping out MTN South Africa with its 5G RAN, transport and core.MTN expects to start rolling out its commercial 5G network sometime next year and has revealed that Ericsson will be one of the vendors heavily involved in the process.There’s no talk of exclusivity, however, so we can assume at least one other is mucking in, while complicating the picture further is MTN’s recent warm words about the OpenRAN project.“South Africa is undergoing a huge digital transformation, which will open up new business opportunities and boost the nation’s economy,” said Giovanni Chiarelli, CTIO of MTN South Africa.“To enable and speed up this process, MTN, with Ericsson as our partner, is rapidly upgrading our network to deliver the quality, capacity, and overall network performance that our enterprise and customers demand.Launching 5G will accomplish this transformation and, with fixed wireless access, will ensure high quality, increased capacity, and greater reliability for our customers.”
China
After an initial period of doubts and uncertainties, Huawei future is shifting more and more from dependence on American technologies.This is also thanks to the support of companies such as ARM and TSMC, which will continue to collaborate with the Chinese company despite the climate of tension between the parties.But even its own workforce is playing a fundamental role in the search for independence, especially in key sectors for research and development.And this is why the Chinese giant has decided to set up big economic incentives to encourage this trend.Bonuses and double the salary for some Huawei employees in the fight against the USAAs the SCMP reports, Huawei employees will be able to benefit from the doubling of the salary for the current month.
China
Shares of Chinese technology media platform 36Kr dropped 10% in its debut on the Nasdaq on Friday, following a string of poor performances by US initial public offerings.The company’s head chief, Feng Dafeng, however, remained unfazed by 36Kr’s performance on the exchange, saying in an interview with Yicai Global that “the stock price reflects market sentiment, while value lies in the business.The market mood is just froth.”The Beijing-based company filed for the IPO on the Nasdaq Global Select Market in October 2019, listing the size of the offering at a placeholder amount of US$100 million.It then planned to raise as much as US$63 million with the offering.However, it settled for just US$20 million, assuming underwriters do not exercise their over-allotment option, after bringing down its size from 3.6 million shares to 1.4 million and pricing them at US$14.5 apiece, the bottom of the marketed range.
US
Facebook is facing a new round of intense scrutiny worldwide after 7,000 pages of confidential files stemming from a lawsuit were made public yesterday.The piles of leaked documents, which directly reference the company's questionable position on competition, are likely to be extremely helpful to the dozens of entities currently investigating Facebook on antitrust grounds.Becerra in a press conference told reporters, "Today, we make this information public because we have no choice."He and all the other regulators and attorneys general, however, may find something worth reading in Wednesday's leak.The developer sued, alleging breach of contract and "fraudulent and anti-competitive schemes."The company needed a way to sell such a large-scale change, though, so it came up with a narrative: privacy.
UK
The cybersecurity firm Cofense has discovered a new phishing campaign which targets users via a subpoena-themed email that appears to come from the UK Ministry of Justice with the end goal of infecting their systems with information-stealing malware.Employees at insurance and retail companies have received these phishing emails that state that the recipient has been subpoenaed and needs to click on a link within the email to see more details about their case.The enclosed link uses trusted sources including Google Docs and Microsoft OneDrive for the infection chain.While the Google Docs link is not malicious, it does contain a redirect chain that eventually leads to a malicious Microsoft Word file filled with macros.Once executed, the macro downloads a sample of the Predator the Thief information stealer malware via PowerShell.The initial email also contains a warning that the recipient has 14 days to comply with the subpoena notice which is a scare tactic designed to trick users into clicking on the link inside the email.
US
On Saturday, Airbnb CEO and cofounder Brian Chesky tweeted that the company would be banning “party houses” after five people died in a shooting during a 100-plus person Halloween party at an Airbnb rental in Orinda, California.Chesky outlines the steps Airbnb is taking in the same Twitter thread, including creating a rapid response team for “party houses”, presumably to help homeowners prevent dangerous parties.Chesky did not explain what a “party house” is in the thread.Airbnb spokesperson Ben Breit defined “party houses” as rentals which repeatedly disturb neighbors, according to The Washington Post, but said that any specific standards have yet to be determined.Airbnb claims it already uses an automated risk detection system that uses “predictive analytics and machine learning to instantly evaluate hundreds of signals that help us flag and investigate suspicious activity before it happens,” and Chesky says the company will have more humans screening that system soon too:First, we are expanding manual screening of high-risk reservations flagged by our risk detection technology.
US
The UK Government has announced the decision on whether Chinese vendor Huawei has a place in the UK digital economy will be delayed until after the General Election in December 12.During the summer, former-Digital Secretary Jeremy Wright kicked the can due to the Prime Minister change-over, though now it has been confirmed the industry will remain in purgatory, with the earliest decision likely to be in the New Year following the General Election.“The Foreign Affairs Committee has been investigating the way the autocratic states intervene in democracies,” said Chair of Foreign Affairs Committee, Tom Tugendhat.“Many members have been concerned about the Chinese technological dominance, nowhere more than in the 5G market.“I’m pleased to hear that a decision that could nest a hostile state’s technology deep in the central nervous system of the UK communications network will be taken by a new administration after a full debate.”Although it has taken some time to bed in, it does appear US pressure is paying off.
China
The high-profile founder of struggling Chinese smartphone maker Smartisan has been placed on an official blacklist for debt defaulters, which bars him from spending on travel and other major purchases, a local court document showed.Why it matters: The public debt blacklist, maintained by China’s top court and including contributions from municipal-level courts, is part of the country’s growing push to curb nonperforming loans.Some 3.6 million entities were placed on the blacklist in 2018, according to a report (in Chinese) released by Credit China, the governmental website which hosts the debt blacklist.Founded in 2012, Smartisan was never able to distinguish itself in China’s fiercely competitive smartphone market.In the six years since it was founded, the company has sold only around 3 million smartphones, in sharp contrast to top-performing Huawei, which shipped 35.2 million units last year alone.Details: Beijing-based Smartisan, along with its founder and former CEO Luo Yonghao, were put on the blacklist for defaulting on payments toward RMB 3.7 million (around $527,000) of debt owed to Jiangsu-based electronics suppliers, according to a consumption restriction order by a local court published on Sep. 24.
US
We’ve entered the final week of early bird pricing on passes to Disrupt Berlin 2019.Place your procrastination on hold, because the deadline to save as much as €500 comes to an abrupt halt on 8 November at 11:59 p.m. (CEST).Do yourself a saver-favor and buy your early-bird pass to Disrupt Berlin today.Whether you want to learn more about raising funds, telling your startup story or learning more about advanced tech trends we’ve got you covered.Check out the Disrupt Berlin agenda to find even more awesome topics and events.What does it take to raise a Series A: Venture capital funds have boomed this decade, but raising money is still hard for young companies.
US
On Oct. 1, the Iraqi government pulled the plug on the country's internet.But according to Hayder Hamzoz, CEO and founder of the Iraqi Network for Social Media, not since 2003 and the regime of Saddam Hussein has internet censorship been so severe.You read a news story in the paper about a political protest that's taking place, and it suddenly becomes apparent that it's not just you.Taye leads the nonprofit Access Now's Keep It On campaign, advocating against internet shutdowns around the world.In August, the Indian government approved changes revoking the autonomy of the Muslim-majority region, stripping it of its constitution and imposing "security measures" that prevent freedom of movement, public assembly and protest.But Hassan also knows first hand of the toll internet shutdowns can take on people's personal lives and relationships.
US
Ferromagnets, or more precisely, magnets - are extremely demanded materials in modern electronics.The magnets present in almost every device - TVs, computers, fridges, cars, smartphones, etc.But it is necessary to remember, that ferromagnetic alloys are made of rare-earth elements (REE) that is way an effective and high-powered magnet is an expensive thing.Today scientists are facing a challenge of making cheaper magnets without the REE or with the minimal amount of these elements.It is also known that atoms of light elements like boron, nitrogen, and carbon are a part of the most high-powered magnets as well.Intermetallics scientific journal has recently published a unique research of a group of scientists.
More

Top