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February 23, 2020, 5:00 AM
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WeSmirchTop News
| Wall Street Journal: |
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday — Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi
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Bloomberg. Tweets: @mengxilu, @poetential, @cararlombardo, @pitdesi, @semil, @chrisgeidner, @trengriffin, @cararlombardo, @chiefofstuffs, and @karolcummins
| Manish Singh / TechCrunch: |
CB Insights: fintech startups across the world raised $33.9B across 1,912 deals in 2019, which is down from $40.8B raised across 2,049 deals in 2018 — Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed.
More:
CB Insights, Business Insider, and Business Insider
Tweets: @trengriffin, @cbinsights, @cbinsights, and @cbinsights
| Mon(IoT)r Research Group: |
Study: smart speakers accidentally activate to random words between 1.5 and 19 times per day on average, with HomePod and Cortana devices activating the most — WHEN SPEAKERS ARE ALL EARS — Understanding when smart speakers mistakenly record conversations
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ZDNet, Voicebot.ai, and Vox
| Los Angeles Times: |
Twitter is suspending 70 accounts linked to Michael Bloomberg's campaign for violating its policies, citing platform manipulation and duplicative content — Michael R. Bloomberg's presidential campaign has been experimenting with novel tactics to cultivate an online following, or at least the appearance of one.
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New York Times, The Verge, Washington Post, Engadget, CNET, Gizmodo, Business Insider, TIME, The Daily Dot, Mashable, Yahoo Finance, International Business Times, The Hill, The Guardian, New York Post, Axios, NPR, Quartz, CNBC, and Politico
| Will Knight / Wired: |
Interview with Garry Kasparov, the first chess world champion to be defeated by a computer, about chess, AI, and a strategy for staying a step ahead of machines — Twenty-three years after he lost to Deep Blue, Kasparov says people need to work with machines. You have to “nudge the flock of intelligent algorithms.”
Tweets: @softengresgrp, @kasparov63, @tobywalsh, @sebagon, @scottthurm, @skynet_today, and @mijustin
| FinSMEs: |
iMerit raises $20M Series B for its platform that helps enrich and annotate large datasets that power advanced algorithms in fields such as machine learning — iMerit, a Los Gatos, CA-based data annotation and enrichment company, raised $20m in Series B funding.| FinSMEs: |
Reggora, a residential appraisal software platform, raises $10M Series A, led by Spark Capital with Boston Seed Capital participating — Reggora, a Boston, MA-based residential appraisal software platform provider, raised $10m in Series A funding. — The round was led by Spark Capital, with participation from Boston Seed Capital.| Nick Manes / Crain's Detroit Business: |
Michigan-based Algo, a SaaS startup that uses AI to help companies analyze and manage their supply chains, raises $15M Series A led by Integrity Growth Partners — - $15 million investment into Troy company Algo — Company applies AI to supply chain management
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Pulse 2.0, PR Newswire, and FinSMEs
| FinSMEs: |
Cyber insurance company At-Bay, which helps businesses assess risk across their tech stack with continuous vulnerability monitoring, raises $34M Series B — At-Bay, a Mountain View, CA-based cyber insurance company, raised $34m in Series B funding. — The round was led by Acrew Capital and Munich Re Ventures, through its HSB fund.
More:
Wall Street Journal and Business Wire
| Kyle Wiggers / VentureBeat: |
Enveil, a startup working on homomorphic encryption, raises $10M Series A led by C5 Capital, with Mastercard, Capital One Ventures, and others participating — Analyzing, searching, and performing calculations on encrypted data hasn't historically been possible at scale.
More:
PR Newswire, Technical.ly Baltimore, ExecutiveBiz, Data Economy, and Enveil
| Johannes Hellstrom / Reuters: |
Swedish game developer Embracer to buy US-based Saber Interactive, maker of the game World War Z, for up to $525M in cash and stock, most of which is deferred — STOCKHOLM (Reuters) - Swedish video game group Embracer is buying U.S. game developer Saber Interactive for up to $525 million, the Swedish company said on Wednesday.
More:
Embracer, Gamasutra, IGN, TheGamer, VentureBeat, VideoGamer.com, GamesIndustry.biz, Pocket Gamer.biz, PC Gamer, VG247, Gematsu, and Android Central
Tweets: @amandafarough, @shinobi602, and @mr_admirals
| Reuters: |
After exiting Colombia in January, Uber relaunches in the country after finding a legal loophole, says customers will now rent vehicles with drivers via its app — BOGOTA (Reuters) - Uber Technologies Inc (UBER.N) resumed transporting passengers in Colombia on Thursday with a new service model …
Tweets: @jackdamn
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