Dec
15

Data privacy and consent engagement platform provider raises $5M

Datree, an early-stage startup based in Israel, wants to help companies create a set of policies for their applications, and apply them in GitHub before a commit goes live. Today, it announced $3 million in seed funding from TLV partners.

The check was actually written last September, according to the founders, and they are making the investment public today.

Like many Israeli startups, before they wrote a line of code, they did their research talking to 40 companies, and found a common pain point in modern development techniques. Code was being committed ever faster and teams were more widely distributed. Instead of a monolithic application, you had containerized microservices, often being built by disparate teams. All of this came together in GitHub .

The team decided that the best way to deal with this kind of chaos was to try to bring some order to it by creating a catalogue of development teams and their work. The idea was to bring these teams and their work together in a central place, then apply a set of internal best practices to their code to catch any policy violations before they committed the code. It’s important to note that they only extract metadata to build this catalogue.

Datree Smart Policy Editor. Screenshot: Datree

If you can use Datree to confirm that each pull request in GitHub complies with a set of internal policies in an automated fashion, you could potentially save your development teams a lot of pain trying to track down issues after the commit.

This is of course, the whole idea behind the DevOps model. The developers develop as fast as they can and operations is responsible for making sure the code is in decent shape, secure and complies with company policy before it gets published. Datree has created a report engine to scan all this code and report on what aligns with the policies and what doesn’t in an automated fashion. They also recognized that not every policy is rigid and that there will be exceptions, and they allow for that too.

Right now, it’s early days and the company consists of the three founders and 5 additional people “in a garage in Tel Aviv.” They are working with six design partners including HoneyBook, SimilarWeb and PlayBuzz on early versions of the solution, but they have a vision, and they have $3 million to build it out and see if it has a market fit. They plan to split their time between San Francisco and Tel Aviv as they attempt to expand their market.

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Sep
23

5 ways tech can combat addiction treatment’s staffing shortage

Cloud-based life sciences solution provider Veeva (NYSE: VEEV) recently announced its second quarter results that outpaced market expectations. The company’s robust performance has helped its stock...

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Original author: MitraSramana

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May
10

Free stock trading app Robinhood rockets to a $5.6B valuation with new funding round

Natural Cycles, a Swedish startup which touts its body temperature-based algorithmic method for tracking individual fertility as an effective alternative to hormonal birth control, has been wrapped by the UK advertising regulator which today upheld three complaints that an advert the company ran last year via Facebook’s platform was misleading.

The regulator has banned Natural Cycles from running the advert again, and warned it against exaggerating the efficacy of its product.

The ad had stated that “Natural Cycles is a highly accurate, certified, contraceptive app that adapts to every woman’s unique menstrual cycle. Sign up to get to know your body and prevent pregnancies naturally”, and in a video below the text it had also stated: “Natural Cycles officially offers a new, clinically tested alternative to birth control methods”.

The company has leaned heavily on social media marketing to target its ‘digital contraception’ app at young women.

“We told Natural Cycles Nordic AB Sweden not to state or imply that the app was a highly accurate method of contraception and to take care not to exaggerate the efficacy of the app in preventing pregnancies,” said the Advertising Standards Authority (ASA) handing down its decision.

While Natural Cycles gained EU certification for its app as a contraceptive in February 2017, and most recently FDA clearance for marketing the app as a contraception in the US (with the regulator granting its De Novo classification request this month), those regulatory clearances come with plenty of caveats about the complexity of the product.

The FDA, for example, warns that: “Users must be aware that even with consistent use of the device, there is still a possibility of unintended pregnancy.”

At the same time, Natural Cycles has yet to back up the efficacy claims it makes for the product with the scientific ‘gold standard’ of a randomized control trial. So users wanting to be able to compare the product’s efficacy against other more tried and tested birth control methods (such as the pill or condoms) are not able to do so.

No birth control method (barring abstention) is 100% effective of course but, as we’ve reported previously, Natural Cycles’ aggressive marketing and PR has lacked nuance and attempted to downplay concerns about the complexity of its system and the chance of failure even though the product’s performance is impacted by multiple individual factors — from illness, to irregular periods. Which risks being irresponsible.

In the ruling, the ASA flags up the relative complexity of Natural Cycles’ system vs more established forms of contraception — pointing out that:

The Natural Cycles app required considerably more user input than most forms of contraception, with the need to take and input body temperature measurements several times a week, recording when intercourse had taken place, supplemented with LH measurements, abstention or alternative methods of contraception during the fertile period.

The company also remains under investigation in Sweden by the medical regulator after a local hospital reported a number of unwanted pregnancies among users of the app. A spokesperson for the Medical Products Agency told us that it has finalized its investigation and plans to publish the findings next week.

Despite all that, Natural Cycles’ website bills its product as “effective contraception”, claiming the app is “93% effective under typical use” and making the further (and confusingly worded) claim that: “With using the app perfectly, i.e. if you never have unprotected intercourse on red days, Natural Cycles is 99% effective, which means 1 woman out of 100 get pregnant during one year of use.”

Perfect use of the app actually means a woman would accurately perform daily measurement of her body temperature without fail or fault, and before she’s even sat up in bed, at least several times a week, correctly inputting the data. Forgetting to do so once because — say — you got up to go to the toilet or were otherwise interrupted before taking or inputting a reading could constitute imperfect use.

The BBC spoke to a women who says she made the decision to use the app after seeing that 99% effective claim in Natural Cycles’ marketing on Instagram — and subsequently fell pregnant while using it. “I was sort of sucked into this “99% effective” [claim],” she told the broadcaster. “You know “even more effective than the pill”… What could possibly go wrong?”

In its ruling, the regulator said it investigated two issues related to the advert run by Natural Cycles on Facebook on July 20, 2017, and both issues were upheld.

The complaints were that Natural Cycles’ advert included misleading and unsubstantiated claims — specifically that the product was: 1. “Highly accurate contraceptive app”; and 2. “Clinically tested alternative to birth control methods”.

Natural Cycles told the ASA that the latter claim is in fact a quote from a Business Insider article which it “considered to be correct” and had thus reproduced in its marketing.

After taking expert evidence, and reviewing three published papers on accumulated data obtained from the app, the regulator deemed the combination of the two claims to be misleading.

It writes:

We considered that in isolation, the claim “clinically tested alternative to birth control methods” was unlikely to mislead. However, when presented alongside the accompanying claim “Highly accurate contraceptive app”, it further contributed to the impression that the app was a precise and reliable method of preventing pregnancies which could be used in place of other established birth control methods, including those which were highly reliable in preventing unwanted pregnancies. Because the evidence did not demonstrate that in typical-use it was “highly accurate” and because it was significantly less effective than the most reliable birth control methods, we considered that in the context of the ad the claim was likely to mislead.

The ASA also found the advert to have breached rules for substantiation and exaggeration of marketing messages in the Medicines, medical devices, health-related products and beauty products category, as well as being misleading.

At the time of writing Natural Cycles had not responded to requests for comment. Update: A spokeswoman has now emailed us the following statement in response to the ASA ruling:

We respect the outcome of the investigation by the UK Advertising Standards Authority (ASA) into one Facebook advertisement, which ran for approximately 4 weeks in mid-2017. The investigation was initiated nearly 12 months ago and the advertisement was removed as soon as we were notified of the complaint.

This investigation triggered an internal review of all our advertisements and the way that we communicate more broadly, to ensure our message is clear and provides women with the information they need to determine if Natural Cycles is right for them.

As part of these efforts, every advertisement now undergoes a strict approval process by a dedicated taskforce to ensure that it gives an accurate overall impression to the viewer. We actively seek feedback from Natural Cycles users to help us improve the quality of our communications and, moving forwards, we plan to work even more closely with HCPs, women and our user community to test and refine our marketing approach.

Natural Cycles has been independently evaluated and cleared by regulators in Europe and the US based on clinical evidence demonstrating its effectiveness as a method of contraception.

This report was updated with comment from the Swedish medical products regulator, and with comment from Natural Cycles

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May
30

Police, suspected scams, and mayhem: Here's what went down at a cryptocurrency influencer award ceremony

Google CEO Sundar Pichai. Justin Sullivan/Getty Images

A group of 14 human rights organizations, including Human Rights Watch, Amnesty International, and PEN International, have written an open letter to Google CEO Sundar Pichai demanding he reverse plans to launch a censored search engine in China.

News broke in early August that Google was planning to re-enter China after an eight-year hiatus. The Intercept obtained leaked documents showing that firm is working on a new search service, codenamed "Dragonfly," and that Pichai met with a Chinese government official in December 2017.

In their letter, the human rights groups said the plan would be an "an alarming capitulation by Google on human rights," as it would mean accommodating "one of the world's most repressive internet censorship and surveillance regimes."

The letter demands three things:

That Google kills plans for a censored Chinese search engine. That the company clarifies its position on censorship in China and outlines any steps it is taking to "safeguard against human rights violations" linked to Dragonfly and its other Chinese mobile apps. Finally, it asks that Google guarantees protections for any internal whistleblowers.

Google announced it was leaving the Chinese market in 2010 after it detected a "highly sophisticated and targeted attack," the primary goal of which was to infiltrate the Gmail accounts of Chinese human rights activists.

"If Google's position has indeed changed, then this must be stated publicly, together with a clear explanation of how Google considers it can square such a decision with its responsibilities under international human rights standards and its own corporate values," the letter said.

It added that protections for whistleblowers are essential, pointing out that Google staff were instrumental in raising concerns about its involvement in military drone programme "Project Maven." The company has since set out ethical guidelines on the use of AI and plans to withdraw from the Pentagon project in 2019.

The letter concludes: "As it stands, Google risks becoming complicit in the Chinese government's repression of freedom of speech and other human rights in China. Google should heed the concerns raised by human rights groups and its own employees and refrain from offering censored search services in China."

Business Insider has contacted Google for comment.

Dear Mr Pichai

(cc: Ben Gomes, Vice President of Search; Kent Walker, Senior Vice President of Global Affairs)

Like many of Google's own employees, we are extremely concerned by reports that Google is developing a new censored search engine app for the Chinese market. The project, codenamed "Dragonfly", would represent an alarming capitulation by Google on human rights. The Chinese government extensively violates the rights to freedom of expression and privacy; by accommodating the Chinese authorities' repression of dissent, Google would be actively participating in those violations for millions of internet users in China.

We support the brave efforts of Google employees who have alerted the public to the existence of Dragonfly, and voiced their concerns about the project and Google's transparency and oversight processes.

In contrast, company leadership has failed to respond publicly to concerns over Project Dragonfly, stating that it does not comment on "speculation about future plans". Executives have also refused to answer basic questions about how the company will safeguard the rights of users in China as it seeks to expand its business in the country.

Since Google publicly exited the search market in China in 2010, citing restrictions to freedom of expression online, the Chinese government has strengthened its controls over the internet and intensified its crackdown on freedom of expression. We are therefore calling on Google to:

Reaffirm the company's 2010 commitment not to provide censored search engine services in China; Disclose its position on censorship in China and what steps, if any, Google is taking to safeguard against human rights violations linked to Project Dragonfly and its other Chinese mobile app offerings; Guarantee protections for whistle-blowers and other employees speaking out where they see the company is failing its commitments to human rights.

Our concerns about Dragonfly are set out in detail below.

Freedom of expression and privacy in China and Google's human rights commitments

It is difficult to see how Google would currently be able to relaunch a search engine service in China in a way that would be compatible with the company's human rights responsibilities under international standards, or its own commitments. Were it to do so, in other words, there is a high risk that the company would be directly contributing to, or complicit in, human rights violations.

The Chinese government runs one of the world's most repressive internet censorship and surveillance regimes. Human rights defenders and journalists are routinely arrested and imprisoned solely for expressing their views online. Under the Cybersecurity Law,[1] internet companies operating in China are obliged to censor users' content in a way that runs counter to international obligations to safeguard the rights of access to information, freedom of expression and privacy. Thousands of websites and social media services in the country remain blocked, and many phrases deemed to be politically sensitive are censored.[2] Chinese law also requires companies to store Chinese users' data within the country and facilitate surveillance by abusive security agencies.

According to confidential Google documents obtained by The Intercept, the new search app being developed under Project Dragonfly would comply with China's draconian rules by automatically identifying and filtering websites blocked in China, and "blacklisting sensitive queries". Offering services through mobile phone apps, including Google's existing Chinese apps, raises additional concerns because apps enable access to extraordinarily sensitive data. Given the Cybersecurity Law's data localization and other requirements, it is likely that the company would be enlisted in surveillance abuses and their users' data would be much more vulnerable to government access.

Google has a responsibility to respect human rights that exists independently of a state's ability or willingness to fulfil its own human rights obligations.[3] The company's own Code of Conduct promises to advance users' rights to privacy and freedom of expression globally. In Google's AI Principles, published in June, the company pledged not to build "technologies whose purpose contravenes widely accepted principles of international law and human rights". The company also commits, through the Global Network Initiative, to conduct human rights due diligence when entering markets or developing new services. Project Dragonfly raises significant, unanswered questions about whether Google is meeting these commitments.

Transparency and human rights due diligence

Google's refusal to respond substantively to concerns over its reported plans for a Chinese search service falls short of the company's commitment to accountability and transparency.[4]

In 2010, the human rights community welcomed Google's announcement that it had "decided we are no longer willing to continue censoring our results on Google.cn", citing cyber-attacks against the Gmail accounts of Chinese human rights activists and attempts by the Chinese government to "further limit free speech on the web".

If Google's position has indeed changed, then this must be stated publicly, together with a clear explanation of how Google considers it can square such a decision with its responsibilities under international human rights standards and its own corporate values. Without these clarifications, it is difficult not to conclude that Google is now willing to compromise its principles to gain access to the Chinese market.

There also appears to be a broader lack of transparency around due diligence processes at Google. In order to "know and show" that they respect human rights, companies are required under international standards to take steps to identify, prevent and mitigate against adverse impacts linked to their products - and communicate these efforts to key stakeholders and the public.[5] The letter from Google employees published on 16 August 2018 demonstrates that some employees do not feel Google's processes for implementing its AI Principles and ethical commitments are sufficiently meaningful and transparent.[6]

Protection of whistle-blowers

Google has stated that it cannot respond to questions about Project Dragonfly because reports about the project are based on "leaks".[7] However, the fact that the information has been publicly disclosed by employees does not lessen its relevance and rights impact.

In relation both to Project Dragonfly and to Google's involvement in the US government's drone programme, Project Maven, whistle-blowers have been crucial in bringing ethical concerns over Google's operations to public attention. The protection of whistle-blowers who disclose information that is clearly in the public interest is grounded in the rights to freedom of expression and access to information.[8] The OECD Guidelines for Multinational Enterprises recommend that companies put in place "safeguards to protect bona fide whistle-blowing activities".[9]

We are calling on Google to publicly commit to protect whistle-blowers in the company and to take immediate steps to address the concerns employees have raised about Project Dragonfly.

As it stands, Google risks becoming complicit in the Chinese government's repression of freedom of speech and other human rights in China. Google should heed the concerns raised by human rights groups and its own employees and refrain from offering censored search services in China.

Signed, the following organizations:

Access Now Amnesty International Article 19 Center for Democracy and Technology Committee to Protect Journalists Electronic Frontier Foundation Human Rights in China Human Rights Watch Independent Chinese PEN Centre International Service for Human Rights (ISHR) PEN International Privacy International Reporters Without Borders (RSF) WITNESS

Signed in individual capacity (affiliations for identification purposes only):

Ronald Deibert Professor of Political Science and Director of the Citizen Lab University of Toronto

Rebecca MacKinnon Director, Ranking Digital Rights

Xiao Qiang Research Scientist Founder and Director of the Counter-Power Lab School of Information, University of California at Berkeley

Lokman Tsui Assistant Professor at the School of Journalism and Communication The Chinese University of Hong Kong

Original author: Isobel Asher Hamilton

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Aug
29

Inside Snap's exclusive program aimed at helping some of its biggest brand clients stay ahead of the curve on augmented reality

It's no secret that Snapchat has been leaning into augmented reality in recent years, arming marketers with a suite of products that enable them to test the technology in their ads.

But it turns out, some brands have it better than others.

Select marketers, including Adidas, Anheuser-Busch and McDonald's are part of of an exclusive group that gets early access to Snapchat's latest proprietary AR tools and ad formats — before they become widely available.

They are part of what Snapchat is calling "AR Partnership Program," a pilot initiative where 10 of its partners get early access to new formats and buying methods in the form of alpha and beta tests, as well as visibility into Snapchat's AR product roadmap.

The program, which was rolled out in January, is led by Snapchat's AR product marketing and management team. It is geared at strategic partners who are "leaning in," that is, have been identified as having increased their investment over time.

The idea, according to the company, is to work with brands to gauge not just how AR can prompt user engagement, but also real business results.

"We want to learn exactly how AR can drive every type of marketing objective, and we want to make it even easier to develop and easier to buy," Carolina Arguelles, Snap's head of augmented reality (AR) Monetization and Product Strategy, told Business Insider. "We want to have these brands really inform the things that we're developing, and test with us early."

'Bud Light Man' broke new ground in AR ads

Anheuser-Busch, for example, was one of the first companies to dabble in augmented reality last year, when it created a dancing 3D "Bud Light Man" using Snapchat's 3D World Lenses. Since then, the company has continued to work with Snapchat to iterate on new ideas.

The company, for example, brought Budweiser's iconic "Dilly Dilly" campaign to life in the US through "Sponsored Snappables," Snapchat's gamified AR lenses. If consumers swiped left on the Snapchat carousel, they were able to use Snappables to play an interactive game with their friends. If they swiped right, they could use a dual-lens that they could share with their friends.

"AR allows consumers to engage with our brands in a deeper and more meaningful way while bringing the personalities of our brands to life," said Spencer Gordon, senior director of digital at Anheuser-Busch. "By participating in the program we've been able to tap into the Snapchat team's consumer insights, which has allowed us to produce impactful, relevant creative that's tailored to the right consumer."

Snap is trying to create a new ad medium hand-in-hand with big marketers

To be sure, platforms having special groups of marketers and advertisers dedicated to improve their products and help them better cater to the industry's needs is nothing new. Facebook, for example has a client council as well as a creative and small business council.

But Snap's AR Partnership Program is different in that it is tailored according to each client's individual needs, said Arguelles. There is a core program strategy team, and other teams, including engineering and creative, are looped in when required. The program also includes access to senior leaders and experts on its engineering and creative teams, such as Steven M. Horowitz, Snap's VP of Technology and Jeff Miller, its global head of creative strategy.

"The team rotates and the cadence depends on each advertiser's individual needs," she said. "It's a hub-and-spoke model rather than one large roundtable...[with a] team of experts that works with each client individually to drive impact."

When Budweiser launched its biggest-ever commercial campaign during the soccer World Cup this summer spanning more than 50 countries, for example, it tapped into program to push the envelope further. Anheuser-Busch reached out to to its Snapchat reps, asking them whether it could merge sound and AR technology to create a sound-activated lens.

Once the brand's account and creative strategy leads confirmed that such tech was possible and was indeed on the roadmap, Anheuser-Busch was brought on board as an exclusive launch partner with a June launch. A Snapchat team built then built the AR Lens, which was able to recognize volume level around the phone to make matching animations — in this case encouraging users to cheer into the camera for their favorite soccer teams.

Anheuser-Busch

The brands themselves are plugged in as well. All of Anheuser-Busch's digital brand managers, for example, meet with the Snapchat team on a regular basis to ensure that they are up to speed on the latest products and services. The company also has two digital content specialists who help it cascade the learning, best practices and results across the entire portfolio.

The hope is that AR ads can eventually work for all sorts of Snap advertisers

While Adidas, Anheuser-Busch and McDonald's are big-name first movers, Snapchat has been increasingly making a bigger play for direct-response brands and their budgets. This is also reflected in its AR Partnership Program, which counts King Games, the UK-based company behind the mobile game Candy Crush, as a member.

King was a launch partner for Shoppable AR, becoming the first brand to drive app downloads directly from an AR Lens.

"Most marketers haven't realized that AR can drive results," said Shane Horneij, senior director of performance marketing at King. "Snapchat has millions of people using AR every day, and in a mindset to play — a perfect opportunity to drive engagement for our games at scale."

Ultimately, Snapchat hopes that it'll be able to use learnings from the program to relay the value of AR brands of all stripes. And that the members will start to share best-practices among themselves.

"Until now, we've gathered learnings at each individual level," said Arguelles. "The next step is how do we bring everything together to cross-pollinate these learnings."

Original author: Tanya Dua

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Jan
11

381st Roundtable For Entrepreneurs Starting In 30 Minutes: Live Tweeting By @1Mby1M - Sramana Mitra

Natural Cycles, the app which claims to be an effective method of contraception, has had a Facebook ad banned after it was deemed to be misleading by the Advertising Standards Association (ASA).

Natural Cycles, which has just been greenlit by the Food and Drug Administration to launch in the US, claims it can provide by protection-free birth control by tracking a woman's menstrual cycle through her body temperature.

Using an algorithm developed by the company, the app then shows the user whether she is either on a fertile day or a non-fertile day, in which case it claims it is safe to have unprotected sex. The app costs £39.99 ($51.50) a year or £5.99 ($7.71) a month, and comes with a thermometer.

The ASA investigated a paid-for Natural Cycles ad on Facebook in July 2017, which claimed: "Natural Cycles is a highly accurate, certified, contraceptive app that adapts to every woman's unique menstrual cycle. Sign up to get to know your body and prevent pregnancies naturally."

The ASA found that Natural Cycles had exaggerated the app's "typical-use" failure rate — i.e. how often it fails when someone doesn't use it 100% correctly, as is often the case with contraceptives.

Natural Cycles told the ASA that clinical trials showed it was 93% effective with typical use, but the ASA's investigation found that this figure was exaggerated, and a more realistic figure was 91.7%. It also found that Natural Cycles requires far more input from the user than other contraception methods, and that only 9.6% of inputted cycles in the app could be considered "perfect-use."

Natural Cycles' co-founder and CTO Elina Berglund Scherwitzl.Courtesy of Natural Cycles

"We considered that in isolation, the claim 'clinically tested alternative to birth control methods' was unlikely to mislead. However, when presented alongside the accompanying claim 'Highly accurate contraceptive app', it further contributed to the impression that the app was a precise and reliable method of preventing pregnancies which could be used in place of other established birth control methods," the ruling concluded.

"Because the evidence did not demonstrate that in typical-use it was 'highly accurate' and because it was significantly less effective than the most reliable birth control methods, we considered that in the context of the ad the claim was likely to mislead."

The ASA banned the ad from appearing on Facebook and warned Natural Cycles not to say that the app was a highly accurate method of contraception, or to exaggerate its efficacy in preventing pregnancies.

Business Insider has contacted Natural Cycles for comment. A spokesperson told the Guardian: ;"We respect the outcome of the investigation by the ASA into one Facebook advertisement, which ran for approximately four weeks in mid-2017. The investigation was initiated nearly 12 months ago and the advertisement was removed as soon as we were notified of the complaint."

This is not the only time an investigation has called the efficacy of Natural Cycles as a contraceptive into question. The company is under investigation in Sweden after a hospital reported that 37 of 668 female patients who sought an abortion between September and December 2017 had been using the app.

Original author: Isobel Asher Hamilton

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Aug
29

10 things in tech you need to know today

Riot Games, maker of League of Legends, has been accused of fostering a hostile work environment. Riot Games

Good morning! This is the tech news you need to know this Wednesday.

1. US president Donald Trump attacked Google several times on Tuesday, claiming its search results were rigged against conservative news outlets. Trump claimed Google was "really taking advantage of a lot of people" and warned Silicon Valley firms needed to be "careful."

2. Conservative Facebook employees are reportedly organizing to attack the liberal company's 'intolerant' culture. More than 100 politically conservative Facebook employees have formed a new internal group to complain that the famously liberal company is "intolerant" of opposing political thought, according to a report from The New York Times on Tuesday.

3. Some Google employees allegedly threw a party in 2015 with 'controlled substances' after a successful self-driving car demo. The so-called "Cocaine Cowboys" were reportedly fired.

4. YouTubers KSI and Logan Paul probably generated up to $11 million with their boxing match last week. Meda reports suggested that around 20,000 fans attended the match, while 773,000 paid to watch a livestream on YouTube.

5. Riot Games, one of the world's biggest game studios, has been hit with multiple allegations of fostering a hostile, sexist work environment. A former manager, Barry Hawkins, detailed numerous incidents in a devastating blog post this week.

6. Instagram says users can now evaluate the authenticity of accounts. The company is introducing a new feature to let users find out more information about the ads that various accounts on the service pay for.

7. The CEO of the company that makes 'Fortnite' spent days attacking Google for scoring 'cheap PR points' by exposing a flaw in the game's security. Tim Sweeney said the firm revealing the flaw so quickly just gave hackers the chance to exploit the bug.

8. YouTube has expanded its 'digital wellbeing' tools to include a new metric telling users how much time they spend watching videos. The new feature will track how much time the user has spent watching videos over the previous 7 days.

9. Amazon is preparing to roll out a new, free video streaming service for Fire TV users. The ad-supported service, tentatively called Free Dive, would be available free to users of the Amazon Fire TV device.

10. Oath — the Verizon business that includes Yahoo and AOL — reportedly scans user emails for ad targeting. The practice isn't new, but Oath has recently been pitching advertisers a service that scans more than 200 million inboxes for buying habits.

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.

Original author: Shona Ghosh

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Aug
29

Stanford researchers are figuring out how ketamine fights depression — and why the drug has been called 'the most important discovery in half a century'

Ketamine's unique ability to staunch the symptoms of depression has earned it a new reputation in recent months. No longer seen solely as an illicit party drug, the compound is the focus of research into a novel class of antidepressants that could yield the first new depression drug in more than 30 years.

But the science of how ketamine stonewalls depression symptoms has remained murky. For years, researchers believed it worked by acting on a network of brain receptors called the glutamate system, which other popular antidepressants ignore. But a new study suggests that ketamine also influences the brain's opioid network — the same one engaged by opioid painkillers.

That could have implications for plans to turn the drug into a pharmaceutical. Drug companies including Allergan, Johnson & Johnson, and a San Francisco-based drug maker called VistaGen have all been looking to ketamine as inspiration for the next blockbuster antidepressant.

"When we say this is a new generation of drugs, we mean it. This drug is fundamentally different from all the other antidepressants that have been approved so far," Shawn Singh, VistaGen's CEO, told Business Insider in May.

The new paper, published Tuesday night in the American Journal of Psychiatry and funded by the National Institutes of Health, is the first to illuminate how ketamine exerts its effects in the brain.

Alan Schatzberg, a co-author on the paper and a professor of psychiatry at Stanford, told Business Insider that he hopes drug makers can use his team's discovery to streamline their efforts and avoid the pitfalls of antidepressant drug candidates that have failed.

"Before we did the study, I had some doubts about ketamine's use for treating depression," Schatzberg said. "Now I've seen the drug work, but I've also seen it doesn't work the way people originally thought."

How ketamine is distinct from existing depression drugs

Shutterstock

Most existing antidepressants, from Abilify to Zoloft, work by plugging up the places where our brain takes up serotonin, a chemical messenger that plays a key role in mood. The result is more free-floating serotonin and, in some people, relief from a dark curtain of depressive symptoms.

But those effects don't occur in everyone who tries the drugs. In fact, up to 80% of the people who try existing antidepressants fail to see results. Plus, the drugs take four to six weeks to work. As a result, depression remains one of the world's leading causes of death.

Ketamine, on the other hand, affects key switches in the brain called NMDA receptors. Collectively, these switches are part of a larger network in the brain called the glutamate system. Like serotonin receptors, those for NMDA play an important role in our mood and help keep our emotions in check. But NMDA receptors also keep our brain's synapses — the delicate branches that serve as the ecosystem for our thoughts — flexible and resilient.

Depression appears to cause those synaptic branches to shrivel up and in some cases even die. Scientists think existing antidepressant drugs send help to those branches indirectly over time by way of serotonin. Ketamine, by contrast, delivers its aid directly by plugging up NMDA receptors like a cork and nipping depressive symptoms within hours.

This mechanism of action spurred some scientists to call ketamine "the most important discovery in half a century" in 2012.

The new study suggests that in addition to affecting the glutamate system, ketamine also impacts the same switches that are targeted by opioid painkillers.

For their work, the Stanford researchers gave 12 adults whose depression failed to respond to multiple treatments two infusions of ketamine. Before the first infusion, the participants took a drug that blocks the brain's opioid receptors. Before the second infusion, the participants got a placebo. (The participants and researchers were never told whether they were getting the drug or the placebo — a double-blind setup designed to minimize the chance that observed results were merely psychological.)

In more than half the cases in which the participants got the placebo, the ketamine appeared to reduce depressive symptoms by roughly 90%; the effects lasted about three days. Conversely, when the patients got the opioid-blocker before the ketamine, the ketamine had virtually no antidepressant effects.

This finding led the researchers to hypothesize that ketamine's activity takes place in different phases. In the first, the drug activates the brain's opioid receptors, quickly smothering depressive symptoms, one of the researchers suggested in the paper. In the second phase — which is thought to be key for ketamine's lasting antidepressant qualities — the drug appears to engage the brain's glutamate system.

What the next blockbuster antidepressant needs

Several drug companies have tried and failed to create a new depression drug that targets the NMDA receptors in the glutamate system. Pharmaceutical giant Roche pulled the plug on a drug called basimglurant in 2016 after it failed to show results in a Phase II study; AstraZeneca discontinued its work on a heavily-promoted candidate called lanicemine in 2013.

Yet ketamine's rapid-fire ability to stymie depressive symptoms has continued to baffle and inspire researchers looking for an alternative to current treatments.

Allergan, Johnson & Johnson, and VistaGen are all currently working to develop new ketamine-inspired drugs. In fact, two of the authors on the latest paper previously consulted for these companies: Schatzberg received a grant from Janssen, Johnson & Johnson's neuroscience partner, and study author Carolyn Rodriguez has consulted for Allergan.

None of the three drug candidates target the brain's opioid system, however.

Mark Smith, VistaGen's chief medical officer, said that although the results of the study are "intriguing," they would not directly impact the company's work on its new drug.

Similarly, a representative from Janssen, whose work with Johnson & Johnson has focused on a nasal-spray version of esketamine (the chemical mirror image of ketamine), told Business Insider in a statement that the Stanford study would not impact the direction of their work. They added that there were several issues with the study, including the fact that it was small and did not include "relevant control conditions."

But overall, the new study sheds light on important questions about why — and how — ketamine works to fight depression in the brain.

"I think this paper points us in the direction that the [opioid system] is an area for potential interest," Schatzberg said. "The question is, can we have a rational discussion about this in an era when there's an opioid crisis?"

Original author: Erin Brodwin

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Aug
29

Conservative Facebook employees are organizing to attack the liberal company's 'intolerant' culture (FB)

More than 100 politically conservative Facebook employees have formed a new internal group to complain that the famously liberal company is "intolerant" of opposing political thought, according to a report from The New York Times on Tuesday.

The new group, "FB'ers for Political Diversity," was reportedly created in the last week, and came after senior Facebook engineer Brian Amerige wrote in an internal post viewable only by company employees that "we are a political monoculture that's intolerant of different views ... we claim to welcome all perspectives, but are quick to attack — often in mobs — anyone who presents a view that appears to be in opposition to left-leaning ideology."

Amerige and Facebook did not immediately respond to Business Insider's requests for comment.

Silicon Valley, the heart of the American tech industry, is largely liberal, and has been fraught with allegations of bias in Trump's America.

In July 2017, Google found itself at the centre of a political firestorm after engineer James Damore wrote an internal post decrying what he characterised as "Google's Ideological Echo Chamber," in which he attacked the company's diversity efforts. Some conservatives also allege, without proof, that social media firms are deliberately silencing and censoring non-liberal voices on their platforms.

On Tuesday, President Trump accused Google, without providing evidence, of "silencing" conservative news publications in its search results.

Facebook has grappled with how to approach dissent by conservative employees before. As Business Insider previously reported in 2017, a group called "Facebook Anon" where employees could chat anonymously morphed into a hub for conservative, Trump-supporting employees during the 2016 election. It was ultimately shut down in December 2016 as the talk "turned ugly and ... alarmed management."

Do you work at Facebook? Do you know more? Contact this reporter via Signal or WhatsApp at +1 (650) 636-6268 using a non-work phone, email at This email address is being protected from spambots. You need JavaScript enabled to view it., WeChat at robaeprice, or Twitter DM at @robaeprice. (PR pitches by email only, please.)You can also contact Business Insider securely via SecureDrop.

Original author: Rob Price

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Jun
05

CHANOS: 'The last thing I’d want to own is bitcoin if the grid goes down'

Sarah Kunst has filed to raise $10 million for her debut venture capital fund, Cleo Capital. According to Axios, the firm will give cash to female entrepreneurs who will act as scouts. 

Scouts look for viable early-stage startups for firms to invest in and then receive a cut of the profits on the investments. Kunst, pictured above, is a scout for Sequoia; it’s unclear if that will change now that she’s running her own firm. She’s also the founder of ProDay, a fitness tech startup that had raised at least $500,000 from angel investors, including Arielle Zuckerberg, but folded earlier this year.

We’ve reached out to Kunst for comment.

Cleo isn’t the only female-focused fund with which Kunst is involved. She joined Bumble as a senior adviser in February, and earlier this month, the popular dating app announced the launch of a VC fund targeting early-stage startups with women at the helm. Kunst is co-leading fund strategy alongside Bumble’s COO, Sarah Jones Simmer.

It’s no surprise Kunst is working to deploy capital to the next generation of female-founded companies. She’s been actively championing female and minority founders at least for the last several years and was one of the most vocal in the industry during tech’s #MeToo moment.

She spoke to The New York Times last year about her experience with 500 Startups founder Dave McClure, who sent her inappropriate messages on Facebook in 2014. McClure followed up with a public apology in the form of a Medium post titled “I’m a creep. I’m sorry,” and shortly after resigned from the accelerator. 

Kunst spoke at TechCrunch Disrupt last year a few months after The New York Times piece was published. On a panel focused on diversity in tech, she called out tech founders for a lack of diverse hiring practices: “I do this crazy thing that is hiring people that aren’t just white dudes. It works really great — you guys should try it,” she said.

In 2017, only 11.3 percent of partners at VC firms were women, according to PitchBook data. Female founders, meanwhile, raised just 2.2 percent of all venture funding.

On the bright side, it looks like more women are fundraising on the other side of the table. Women-run VC firms have gathered nearly $2.5 billion so far this year, putting them on pace to surpass last year’s decade high of $3.2 billion. That includes Cowboy Ventures’ $95 million fundraise and Aspect Ventures’ $181 million sophomore vehicle. Cowboy is led by Aileen Lee, a former partner at Kleiner Perkins, while Aspect is co-led by former Draper Fisher Jurvetson managing director Jennifer Fonstad and former Accel partner Theresia Gouw.

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Sep
20

Is the 9-5 as we know it officially over?

In a handful of quick searches, there were zero instances where articles from conservative news sources appeared more often than articles from publications with left-leaning or moderate audiences. But there could be a few key reasons why Google Search showed me stories from sources with more left-leaning audiences.

One reason could be that those are the sources I read on my own time. While I don't often check CNN and it appeared often in my results, I do read stories from The New York Times, Washington Post, and — obviously — Business Insider. I use Google Chrome as my main browser, and it's possible that's the reason those news sources appeared more often for me.

Another reason could be that there just aren't that many center-right publications.According to CJR's analysis, publications like ABC News, Politico, and CNN fall just to the left of center in terms of their readership. But there are very few similar center-right sites. Here's how CJR puts it:

"There are very few center-right sites: sites that draw many Trump followers, but also a substantial number of Clinton followers. Between the moderately conservative Wall Street Journal, which draws Clinton and Trump supporters in equal shares, and the starkly partisan sites that draw Trump supporters by ratios of 4:1 or more, there are only a handful of sites."

Because Google says it's committed to "high-quality content" in response to search queries, it likely steers clear of far-left and far-right media outlets in its results to avoid biased news stories.

In other words, it's possible that Google's search results for Trump news are less biased precisely because of the type of publications that appear in its results.

Original author: Avery Hartmans

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Aug
28

'All three companies do the same thing:' Digital publishing mashup Maven cut $5 million and laid off 17 Say Media staffers to reach profitability

James Heckman is CEO of Maven. TheMaven

Serial entrepreneur James Heckman wants to create a healthy alternative outside of Facebook for small publishers — and is making cuts to do so.

In March, Maven announced plans to acquire Say Media. The company also acquired HubPages in January and said that the combination of Maven, Say Media and HubPages "will bring together former competitors to create a dominant platform for professional, independent publishers," according to a press release.

Mave offers publishers a platform that reaches more than 90 million monthly readers and includes 300 channels with 6,000 writers, the company says.

As part of the transition to becoming a single company, Say Media laid off 17 staffers across its creative studio, development, engineering, sales and general and administrative roles two weeks ago. The company's Toronto and London offices have closed and some of the company will operate out of Maven's office in Seattle.

Say Media also has also let got of some employees in its n New York, San Francisco and Portland offices.

"All three companies do the same thing," Heckman told Business Insider. "It would be really irresponsible for us to not finish the merger as planned. It's a shame on a personal basis but obviously it's an exciting move for the company to get to profitability."

Maven says the cuts shave $5 million off of operating costs and the firm is on track to hit its previous revenue goal of $30 million this year. Matt Sanchez, CEO and founder of Say Media, will help in the transition in creating one company but is leaving the company. Heckman expects for the Say Media deal to close in September.

Sanchez founded a video advertising company called VideoEgg in 2005 that was renamed Say Media in 2010 after acquiring ad network Six Apart. Say Media owned media brands like xoJane, ReadWrite and Remodelista for a few years before selling them off in 2014 to focus solely on providing technology for publishers.

According to one source, Say Media team leads to make decisions about "major" staff cuts within 24 to 48 hours.

At the time of the acquisition in March, it seemed like Sanchez would be included in Maven's new leadership, including a 7-minute video that Maven distributed that explained how the coalition would work.

On April 6, Say Media employees received a memo written from Heckman sent via Sanchez's email address detailing how the three companies would work together. The bottom of the email listed bios on 18 of Maven's leadership team — including Sanchez.

"The destruction of an online news and information ecosystem that took two decades to build has created a vacuum, and an opportunity as big as Facebook's forfeiture of the news space," he wrote. "So it makes sense our three founding teams agreed to join hands and align complementary skill sets to restore sustainability by fairly empowering independent, professional content creators — 'mavens.' To ensure success, it's critical we move forward as one, and without hesitation. Success means fair rewards for everyone: advertisers, publishers, consumers, all of you as well as investors."

He went on to explain Maven's mission to provide a unified publishing platform, ad-tech stack and sales operations for independent publishers. The idea is to create an alternative to the duopoly of Facebook and Google that controls how publishers distribute content and sell ads.

"There's an extraordinary, urgent need to solve for independent publisher sustainability," Heckman wrote. "Frankly, we're at ground zero of the biggest cultural and news shift of our era, including the impact of fake news, fake traffic, election fraud, destroyed livelihoods, data theft, broken promises and Silicon Valley executives playing God on lots of levels. We're in position now to help in a meaningful way."

Maven's leadership team now consists of Heckman as CEO and member of the board; president and executive chair of the board Josh Jacobs; chief operating officer and former HubPages CEO/founder Paul Edmondson; CMO Michelle Panzer, formerly Say Media's vp of global marketing and brand development; and chief product officer Ben Trout, formerly Say Media's vp of engineering. Maven co-founder and chief technology officer Ben Joldersma will continue in his role as well as becoming chief architect.

Original author: Lauren Johnson

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Aug
28

It's not just Facebook: Customer confidence in social media companies has deteriorated overall (FB, TWTR)

Facebook is still in recovery mode, six months after the scandal over political research firm Cambridge Analytica and how it improperly obtained Facebook profile data for as many as 87 million users.

Facebook's share price hasn't fully recovered from its single-day market cap loss of $150 billion in July. Now, the burden falls on the social network to win back the confidence of its users. A study of US consumers shows that Facebook has its work cut out for it, however.

As this chart from Statista shows, the Cambridge Analytica scandal seems to have resulted in a broader loss of user trust in social media platforms, which would include the likes of Twitter, as well. Only 27% of US consumers surveyed said they felt confident that their data is kept secure by social media companies, and 37% saying they didn't.

For comparison, 53% said they trusted banking companies to safeguard their information, while only 13% said they didn't.

Shayanne Gal/Business Insider

Original author: Katie Canales and Shayanne Gal

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Jan
11

Thought Leaders in Healthcare IT: Prashant Srivastava, CEO of Evive (Part 4) - Sramana Mitra

YouTube/Cyberpunk 2077 "Cyberpunk 2077," from developer CD Projekt Red, is one of the most anticipated video games in the world right now.

Fans got a first look at "Cyberpunk 2077" during Microsoft's E3 press conference in June, and it was one of the highlights of the whole multi-day event. But unless you were physically in Los Angeles and attending E3, you didn't get to witness CD Projekt Red's 50-minute uncut gameplay demo of "Cyberpunk 2077" that was held behind closed doors and away from cameras.

But on Monday, CD Projekt Red finally revealed the gameplay demo so many were dying to see. The 50-minute gameplay reveal for "Cyberpunk 2077" was live-streamed to Twitch, and was posted to YouTube shortly thereafter for all to see.

If you don't have 50 minutes to watch the gameplay reveal, or you just want to get a general idea of what this game is about, here are 31 things we learned about "Cyberpunk 2077" from its first gameplay video:

Original author: Dave Smith

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Jan
11

I’m A VC

As president, Donald Trump has often been right for the wrong reasons.

His broadside Tuesday morning against Google is yet another example.

In a pair of tweets, Trump took the search giant to task for supposedly suppressing news from conservative outlets and positive stories about him. Charging that Google's system is "rigged" against him, he vowed to do something about it — an assertion that was later reinforced by White House economic advisor Larry Kudlow, who said the administration was looking into regulating Google.

"They are controlling what we can & cannot see," Trump said in one of his tweets. "This is a very serious situation-will be addressed!"

On its face, Trump's assertion that Google's news results are biased against him looks spurious, for all sorts of reasons, not least of which is that whether an outlet is considered liberal or conservative is highly subjective, often depending on the political views of individual readers. Indeed, the president's charge that Google is biased against him looks — like much of his attacks against various companies, institutions, and individuals — self-serving. Trump generally doesn't care if something is a problem — like unwarranted surveillance by US spy agencies or the power of federal prosecutors — unless it's a problem for him personally.

Even so, Trump's not wrong to be suspicious of Google. His statement about the company's power is actually spot on — it does very much control the flow of information online. And the truth is that it has used that power in suspect, even illegal ways.

Many rushed to defend Google from Trump's attacks, as if an organization whose corporate parent is the second most valuable company in the world and that has a monopoly on multiple markets, were somehow a maiden in distress. I think we ought to use this moment instead to examine how much power Google has — and do something about it.

Trump's attack seems to have been spurred by a flawed report

As seems to happen regularly, Trump apparently launched his attack on Google in response to something he saw on a conservative TV outlet. Monday night, on his segment for Fox Business News, Lou Dobbs highlighted a report from right-wing website PJ Media that asserted that 96% of the search results for "Trump" on Google News are links to stories from liberal media outlets.

On a segment of his Fox Business show on Monday, Lou Dobbs highlighted a report about Google's supposed bias in its news search results. Fox Business The PJ Media report was flawed at best. Some might even call it "fake news."

As even its author, Paula Bolyard, acknowledged, the 96% figure came not from a scientific study of search results, but from her own noodling around on the site. So even if you accept her other assertions, we shouldn't accept that her conclusion really represents reality.

But there are other reasons to be dubious of Bolyard's conclusion. The 96% figure was derived in part from the classification system she used to place news sites along a liberal-to-conservative continuum. That classification system was put together by another right-leaning media figure, and many people outside of the conservative bubble would likely find it problematic. If you consider CNBC to be a liberal outlet and CNN to be more left-wing than The Intercept, you really don't have a very good sense of media bias, in my book.

Even if we could all agree on her classification system and her findings were in sync with what a scientific study would conclude, that wouldn't necessarily imply that Google is biased against Trump or conservative outlets.

News outlets in general tend to focus on negative news more than positive stories — regardless of who is president. Google's algorithms tend to favor established, frequently cited and what the company says are "high quality" news sources — a preference that doesn't necessarily reflect political bias, but may lead the site to promote stories from CNN or the Washington Post over, say, Infowars.

Regardless of all these factors that complicate or even contradict PJ Media's conclusions, our no-nuance president took the 96% figure and hit Twitter with it, using it as the foundation of his tweet attack on Google. The figure was proof positive that Google was "hiding" positive stories about him and shutting out conservative outlets, possibly illegally, he charged. It's time to do something about it, he said — leaving exactly what kind of "something" that might be completely undefined.

For its part, Google said its search results aren't politically biased.

There are legitimate concerns about Google's power

Here's the thing. As ridiculous and potentially dangerous it is for Trump to make policy based on a single flawed news report he saw on TV — and then likely only because of his own personal grudges — there is a legitimate concern about how Google's search algorithm works.

Sundar Pichai, CEO of Google, which denied the accusations of bias. Stephen Lam/Reuters Google's search engine is basically a black box. Yes, the company does give some guidance on how it ranks results. And, yes, there are plenty of companies that have made it their business to study the algorithm so they can figure out how to get Google to list their partners' websites and advertisements more prominently.

But Google often changes its algorithm without telling anyone. And nobody outside the company has a really detailed understanding of how it works or exactly what it prioritizes and why.

Lots of companies, of course, keep their core business methodology or intellectual property secret (think of Coca-Cola's famously secret recipe). But Google isn't just any company. It dominates web search; depending on how you look at the market, its share is between 70% and 90%. As such, it in a very real way shapes our experience of the internet. If Google doesn't list a site in its first page or two of search results, it may as well not exist.

And the company has become a major force in the news industry. Google passed Facebook last year as the leading source of traffic to news publishers' websites, according to Chartbeat. The search giant now accounts for the majority of the traffic to publishers' websites from mobile devices.

So Google isn't just shaping what we see online, but what we see of the news. If a story isn't promoted on Google, there's a good chance you won't see it or hear about it.

Google has abused its power in the past

That kind of power would be dangerous no matter who held it, regardless of their motivations or political inclinations. But it's especially disturbing that Google in particular has that kind of control.

That's because Google has shown repeatedly that it's not to be trusted, that when it comes to what information gets promoted on its site and services, it is not necessarily a neutral party.

Margrethe Vestager, the European Union's competition commissioner, who has led the bloc's investigations into Google's anti-competitive practices. Reuters Last year, for example, the European Commission found that Google illegally promoted its shopping search results over rival shopping search engines and fined the company $2.7 billion. In June, the EU fined the company another $5 billion after finding that it used the dominance of its Android operating system to promote its own apps. In much the same way as if it had listed something prominently in its search results, the company made sure that its search app and Chrome browser were among the first apps consumers saw on their on Android phones.

What's more, Google and its parent, Alphabet, have taken overt political stands. They've been public about their support for relatively liberal immigration policies. They support gay rights. Like much of Silicon Valley, they backed last year's tax law.

That's not to say that Google's search results are informed by its political leanings. But we shouldn't just assume that they're not — or simply accept the company's denials that they aren't.

It's long past time to rein in Google

Instead, we should demand and require more. Google ought to be required to be more transparent about how its search algorithm works. We ought to know exactly how it ranks news stories and websites. We as citizens deserve to know in detail the judgments Google is making about what is newsworthy and what sources are trustworthy, about what is news.

We deserve to know the judgments Google is making about what is news.

It could well be that Google's judgments are unimpeachable, and lack any kind of political bias. But we won't know until we know.

Of course, Google's argument has always been that it needs to keep the mechanics of its search engine under wraps to prevent "bad actors" — from spammers to individuals with malicious agendas — from gaming the search results.

But that assumes there might not be ways to create a system to vet, or audit, Google's search algorithm by trusted parties without making the engine's blueprint visible to the entire world.

On top of that, regulators ought to be working to promote a more competitive marketplace. No company should have the ability Google has to control what news and information we see. Questions about how its algorithm works wouldn't matter as much if people had legitimate alternatives for internet search.

Unfortunately, its control over search is just one facet of the company's power and dominance over our online lives. Because of that, it's long past time for policymakers to start moving to break up the company.

Donald Trump is almost certainly more worried about how Google may be hurting him that how it's affecting the rest of us. But if his Twitter tirade leads to some real limitations on the search giant's power, he'll have done us all a favor.

Original author: Troy Wolverton

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Aug
28

Another food delivery startup, Foodsby, rakes in venture capital funding

Venture capitalists are still hungry for food delivery startups.

Foodsby, the provider of a lunch delivery service based out of Minneapolis, has raised a $13.5 million Series B led by Piper Jaffray Merchant Banking. Greycroft Partners, Corazon Capital and Rally Ventures also participated. With the new capital, Foodsby plans to expand to 15 to 25 new markets. The round brings Foodsby’s total raised to $21 million.

“We have established a successful model for new market entry with a tried and true combination of talent and technology,” Foodsby founder and CEO Ben Cattoor said in a statement. “We look forward to building on our early successes and learnings to deliver continued growth for our investors and our team.”

Founded in 2012, the company connects employees in office buildings in 15 cities with local restaurants. How it works: A hungry worker uses Foodsby to pre-order a meal from a restaurant in its network, Foodsby aggregates all the orders it receives, sends the orders to the restaurants and the restaurants then make all the deliveries at once, streamlining what can be a logistically complicated process. 

That strategy, the company says, sets Foodsby apart from competitors. Because Foodsby only works with businesses and has restaurants make the deliveries rather than its own fleet of delivery agents, the overall costs of the operation are lower. It’s free to join the Foodsby network as both a company that wants to provide the service to its employees and as a restaurant. Deliveries cost $1.99 per person. 

While continued VC support may give the company a vote of confidence, the food delivery space is crowded and competitive. Foodsby is not unlike Peach, a Seattle-based office lunch delivery service that shed one-third of its staff in March. Peach had also landed VC support, raising about $11 million from Madrona and others. Munchery, another similar meal delivery service, also looks to be in hot water, laying off 30 percent of its workforce in May and ceasing operations in Los Angeles, Seattle and New York.

Food delivery startups are hit or miss, but VCs continue to flock to investment rounds in hopes of betting on the next Uber of food delivery — though Uber itself is really the Uber of food delivery, its food delivery service is reportedly the most profitable arm of the ride-hailing giant. And Uber, much like Amazon, is not a company you want to be going head-to-head with. 

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Jun
05

Hotel management platform Mews closes €6m Series A

Back in January, we told you about a young, Austin, Tex.-based startup that fights online disinformation for corporate customers. Turns out we weren’t alone in finding it interesting. The now four-year-old, 40-person outfit, New Knowledge, just sealed up $11 million in new funding led by the cross-border venture firm GGV Capital, with participation from Lux Capital. GGV had also participated in the company’s $1.9 million seed round.

We talked yesterday with co-founder and CEO Jonathon Morgan and the company’s director of research, Renee DiResta, to learn more about its work, which appears to be going well. (They say revenue has grown 1,000 percent over last year.) Our conversation, edited for length, follows.

TC: A lot of people associate coordinated manipulation by bad actors online with trying to disrupt elections here in the U.S. or with pro-government agendas elsewhere, but you’re working with companies that are also battling online propaganda. Who are some of them?

JM: Election interference is just the tip of the iceberg in terms of social media manipulation. Our customers are a little sensitive about being identified, but they are Fortune 100 companies in the entertainment industry, as well as consumer brands. We also have national security customers, though most of our business comes from the private sector.

TC: Renee, just a few weeks ago, you testified before the Senate Intelligence Committee about how social media platforms have enabled foreign-influence operations against the United States. What was that like?

RD: It was a great opportunity to educate the public on what happens and to speak directly to the senators about the need for government to be more proactive and to establish a deterrent strategy because [these disinformation campaigns] aren’t impacting just our elections but our society and American industry.

TC: How do companies typically get caught up in these similar practices?

JM: It’s pretty typical for consumer-facing brands, because they are so high-profile, to get involved in quasi-political conversations, whether or not they like it. Communities that know how to game the system will come after them over a pro-immigration stance for example. They mobilize and use the same black market social media content providers, the same tools and tactics that are used by Russia and Iran and other bad actors.

TC: In other words, this is about ideology, not financial gain.

JM: Where we see this more for financial gain is when it involves state intelligence agencies trying to undermine companies where they have nationalized an industry that competes with U.S. institutions like oil and gas and agriculture companies. You can see this is the promotion of anti-GMO narratives, for example. Agricultural tech in the U.S. is a big business, and on the fringes, there’s some debate about whether GMOs are safe to eat, even though the scientific community is clear that they’re completely safe.

Meanwhile, there are documented examples of groups aligned with Russian intelligence using purchased social media to circulate conspiracy theories and manipulate the public conversation about GMOs. They find a grain of truth in a scientific article, then misrepresent the findings through quasi-legitimate outlets, Facebook pages and Twitter accounts that are in turn amplified by social media automation.

TC: So you’re selling software-as-a-service that does what exactly?

JM: We have a SaaS product and a team of analysts who come out of the intelligence community and who help customers understand threats to their brand. It’s an AI-driven system that detects subtle social signs of manipulation across accounts. We then help the companies understand who is targeting them, why, and what they can do about it.

TC: Which is what?

JM: First, they can’t be blindsided. Many can’t tell the difference between real and manufactured public outcry, so they don’t even know about it when it’s happening. But there’s a pretty predictable set of tactics that are used to create false public perception. They plant a seed with accounts they control directly that can look quasi-legitimate. Then they amplify it via paid automation, and they target specific individuals who may have an interest in what they have to say. The thinking is that if they can manipulate these microinfluencers, they’ll amplify the message by sharing it with their followers. By then, you can’t put the cat back in the bag.  You need to identify [these campaigns] when they’ve lit the match, but haven’t yet started a fire.

At the early stage, we can provide information to social media platforms to determine if what’s going on is acceptable within their policies. Longer term, we’re trying to find consensus between governments and also social media platforms themselves over what is and what isn’t acceptable — what’s aggressive conversation on these platforms and what’s out of bounds.

TC: How can you work with them when they can’t even decide on their own policies?

JM: First, different platforms are used for different reasons. You see peer-to-peer disinformation, where a small group of accounts drives a malicious narrative on Facebook, which can be problematic at the very local level. Twitter is the platform where media gets its pulse on what’s happening, so attacks launched on Twitter are much more likely to be made into mainstream opinion. There are also a lot of disinformation campaigns on Reddit, but those conversations are less likely to be elevated into a topic on CNN, even while they can shape the opinions of large numbers of avid users. Then there are the off-brand platforms like 4chan, where a lot of these campaigns are born. They are all susceptible in different ways.

The platforms have been very receptive. They take these campaigns much more seriously than when they first began looking at election integrity. But platforms are increasingly evolving from more open to more closed spaces, whether it’s WhatsApp groups or private Discord channels or private Facebook channels, and that’s making it harder for the platforms to observe. It’s also making it harder for outsiders who are interested in how these campaigns evolve.

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Aug
28

Apple is now worth over $1 trillion — here are 9 people who were convinced the iPhone would be a major flop (AAPL)

Alessia Pierdomenico / Reuters

Earlier this month, Apple became the first American company with a market cap over $1 trillion.

That was mostly due to the iPhone, possibly the most profitable product in modern history.

Last year, Apple sold over 216 million iPhones.

Obviously, it's a major hit — it basically mints money for Apple, now the most valuable company in the world.

But when it first came out, there were a lot of people who didn't think it was all that great. In fact, some people thought the iPhone was going to be an outright flop.

Here are some of those doubters and skeptics:

Original author: Kif Leswing

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Aug
28

Tesla is letting some of its customers drive the all-electric Semi — here's what one thinks of it (TSLA)

Tesla Semi. Tesla

Tesla is bringing its upcoming electric semi truck, the Semi, to some of its customers. One of those customers — UPS — recently complimented the vehicle.

The Twitter account for UPS' Illinois branch posted videos of the Semi on Monday and said it offered a "smooth" ride.

Electrek reported on Friday that the Semi had arrived at the Arkansas headquarters of another customer, the trucking company JB Hunt.

The version of the Semi each company saw is likely a prototype, though Tesla declined a request for comment. In addition to UPS and JB Hunt, customers for the Semi include Walmart, Pepsi, Anheuser-Busch, and FedEx.

Production for the Semi will start in 2019, Tesla has said. The company will have to expand the capacity of its assembly plant in Fremont, California, convert its battery-production factory in Nevada to produce vehicles, or use another company's factory to meet that timeline.

During the company's second-quarter earnings call in August, CEO Elon Musk said he was unable to answer questions about where the company will produce future vehicles. Tesla said it would take around two years for production to begin at a factory it will build in China.

Tesla says the Semi will have a range of 500 miles per charge, an innovative cabin design, and the ability to go from 0-60 mph in five seconds without any cargo and in 20 seconds while carrying 80,000 pounds of cargo.

Some in the trucking industry have cast doubt on those numbers. In February, Martin Daum, the head of Daimler's truck and bus division, suggested to Bloomberg that the truck's range would defy the laws of physics.

When asked about Daum's evaluation during Tesla's first-quarter earnings call in May, Musk questioned Daum's knowledge of physics.

"He doesn't know much about physics. I know him. I'd be happy to engage in a physics discussion with him," Musk said.

Original author: Mark Matousek

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Aug
28

13 brilliant ways to fix your iPhone or Mac with common household items (AAPL)

Sugru Usually, when something goes wrong with your iPhone or Mac, the first move is to an Apple Store to get it looked at by a professional.

But the Apple store can be expensive for repairs, and minor problems can often be solved at home with stuff you already have lying around.

Over the past eight years, Apple users have found all sorts of clever hacks to fix your iPhone without going out and buying pricey parts or accessories.

Some hacks can even make your iPhone better than it was out of the box.

So the next time you're having iPhone issues, try a DIY solution first. Not only will it save you a trip, but it could also save you some cash.

Original author: Kif Leswing

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