Google continues to preach multi-cloud approach with Looker acquisition

Posted by on 7 June, 2019

This post was originally published on this site

When Google announced it was buying Looker yesterday morning for $2.6 billion, you couldn’t blame some of the company’s 1600 customers if they worried a bit if Looker would continue its multi-cloud approach, but Google Cloud chief Thomas Kurian made clear the company will continue to support an open approach to its latest purchase when it joins the fold later this year.

It’s consistent with the messaging from Google Next, the company’s cloud conference in April. It was looking to portray itself as the more open cloud. It was going to be friendlier to open source projects, running them directly on Google Cloud. It was going to provide a way to manage your workloads wherever they live with Anthos.

Ray Wang, founder and principal analyst at Constellation Research says that in a multi-cloud world, Looker represented one of the best choices, and that could be why Google went after it. “Looker’s strengths include its centralized data-modeling and governance, which promotes consistency and reuse. It runs on top of modern cloud databases including Google BigQuery, AWS Redshift and Snowflake,” Wang told TechCrunch. He added, “They wanted to acquire a tool that is as easy to use as Microsoft Power BI and as deep as Tableau.”

Patrick Moorhead, founder and principal analyst at Moor Insights & Strategy, also see this deal as part of consistent multi-cloud message from Google. “I do think it is in alignment with its latest strategy outlined at Google Next. It has talked about rich analytics tools that could pull data from disparate sources,” he said.

Kurian pushing the multi-cloud message

Google Cloud CEO Thomas Kurian, who took over from Diane Greene at the end of last year, was careful to emphasize the company’s commitment to multi-cloud and multi-database support in comments to media and analysts yesterday. “We first want to reiterate, we’re very committed to maintaining local support for other clouds, as well as to serve data from multiple databases because customers want a single analytics foundation for their organization, and they want to be able to in the analytics foundation, look at data from multiple data sources. So we’re very committed to that,” Kurian said yesterday.

From a broader customer perspective, Kurian sees Looker providing customers with a single way to access and visualize data. “One of the things that is challenging for organizations in operationalizing business intelligence, that we feel that Looker has done really well, is it gives you a single place to model your data, define your data definitions — like what’s revenue, who’s a gold customer or how many servers tickets are open — and allows you then to blend data across individual data silos, so that as an organization, you’re working off a consistent set of metrics,” Kurian explained.

In a blog post announcing the deal, Looker CEO Frank Bien sought to ease concerns that the company might move away from the multi-cloud, multi-database support. “For customers and partners, it’s important to know that today’s announcement solidifies ours as well as Google Cloud’s commitment to multi-cloud. Looker customers can expect continuing support of all cloud databases like Amazon Redshift, Azure SQL, Snowflake, Oracle, Microsoft SQL Server, Teradata and more,” Bien wrote in the post.

No anti-trust concerns

Kurian also emphasized that this deal shouldn’t attract the attention of anti-trust regulators, who have been sniffing around the big tech companies like Google/Alphabet, Apple and Amazon as of late. “We’re not buying any data along with this transaction. So it does not introduce any concentration risk in terms of concentrating data. Secondly, there are a large number of analytic tools in the market. So by just acquiring Looker, we’re not further concentrating the market in any sense. And lastly, all the other cloud players also have their own analytic tools. So it represents a further strengthening of our competitive position relative to the other players in the market,” he explained. Not to mention its pledge to uphold the multi-cloud and multi-database support, which should show it is not doing this strictly to benefit Google or to draw customers specifically to GCP.

Just this week, the company announced a partnership with Snowflake, the cloud data warehouse startup that has raised almost a billion dollars, to run on Google Cloud Platform. It already runs AWS and Microsoft Azure. In fact, Wang suggested that Snowflake could be next on Google’s radar as it tries to build a multi-cloud soup-to-nuts analytics offering.

Regardless, with Looker the company has a data analytics tool to complement its data processing tools, and together the two companies should provide a fairly comprehensive data solution. If they truly keep it multi, cloud, that should keep current customers happy, especially those who work with tools outside of the Google Cloud ecosystem or simply want to maintain their flexibility.

Posted Under: Tech News
The Ticket Fairy is tech’s best hope against Ticketmaster

Posted by on 6 June, 2019

This post was originally published on this site

Ticketmaster’s dominance has led to ridiculous service fees, scalpers galore, and exclusive contracts that exploit venues and artists. The moronic approval of venue operator and artist management giant Live Nation’s merger with Ticketmaster in 2010 produced an anti-competitive juggernaut. It pressures venues to sign ticketing contracts under veiled threat that artists would otherwise be routed to different concert halls. Now it’s become difficult for venues, artists, and fans to avoid Ticketmaster, which charges fees as high as 50% that many see as a ripoff.

But The Ticket Fairy wants to wrestle control of venues away from Ticketmaster while giving fans ways to earn tickets for referring their friends. The startup is doing that by offering the most technologically advanced ticketing platform that not only handle sales and checkins, but acts as a full-stack Salesforce for concerts that can analyze buyers and run ad campaigns while thwarting scalpers. Co-founder Ritesh Patel says The Ticket Fairy has increased revenue for event organizers by 15% to 25% during its private beta focused on dance music festivals.

Now after 850,000 tickets sold, it’s officially launching its ticketing suite and actively poaching venues from EventBrite as it moves deeper into esports and conventions. With a little more scale, it will be ready to challenge Ticketmaster for lucrative clients.

Ritesh’s combination of product and engineering skills, rapid progress, and charismatic passion for live events after throwing 400 of his own has attracted an impressive cadre of angel investors. They’ve delivered a $2.5 million seed round for Ticket Fairy adding to its $485,000 pre-seed from angels like Twitch/Atrium founder Justin Kan, Twitch COO Kevin Lin, and Reddit CEO Steve Huffman. The new round includes YouTube founder Steve Chen, former Kleiner Perkins partner and Mark’s sister Arielle Zuckerberg, and funds like 500 Startups, ex-Uber angels Fantastic Ventures, G2 Ventures, Tempo Ventures, and WeFunder. It’s also scored music industry angels like Serato DJ hardware CEO AJ Bertenshaw, Spotify’s head of label licensing Niklas Lundberg, and celebrity lawer Ken Hertz who reps Will Smith and Gwen Stefani.

“The purpose of starting The Ticket Fairy was not to be another EventBrite, but to reduce the risk of the person running the event so they can be profitable. We’re not just another shopping cart” Patel says. The Ticket Fairy charges a comparable rate to EventBrite’s $1.59 + 3.5% per ticket plus payment processing that brings it closer to 6%, but Patel insists it offers far stronger functionality.

Constantly clad in his golden disco hoodie over a Ticket Fairy t-shirt, Patel lives his product, spending late nights dancing and taking feedback at the events his clients host. He’s been a savior of SXSW the past two years, injecting the aging festival that shuts down at 2am with multi-night after-hours raves. Featuring top DJs like Pretty Lights in creative locations cab drivers don’t believe are real, The Ticket Fairy’s parties have won the hearts of music industry folks.

The Ticket Fairy co-founders. Center and inset left: Ritesh Patel. Inset right: Jigar Patel

Now the Y Combinator startup hopes its ticketing platform will do the same thanks to a slew of savvy features:

Earn A Ticket – The Ticket Fairy supercharges word of mouth marketing with a referral system that lets fans get a rebate or full-free ticket if they get enough friends to buy a ticket. 30% of ticket buyers are now sharing a Ticket Fairy referral link, and Patel says the return on investment is $30 in revenue for each $1 paid out in rewards, with 10% to 25% of all ticket sales coming from referrals. A public leaderboard further encourages referrals, with those at the top eligible for backstage passes, free merch, and bar tabs. And to prevent mass spamming, only buyers, partners, and street teamers get a referral code.

Creative Payment Options – The startup offers “FreeFund” tickets for free events that otherwise see huge no-show rates. Users pay a small deposit that’s refunded when they scan their ticket for entry, discouraging RSVPs from those who won’t come. Buyers can also pay on layaway with Affirm or LayBuy and then earn a ticket before their debt is due.

Anti-Scalping – The Ticket Fairy offers identity-locked tickets that must be presented with the buyer’s ID on arrival, which means customers can’t scalp them. Instead, the startup offers a waitlist for sold out events, and buyers can sell their tickets back to the company which then redistributes them at face value with a new QR code to a specific friend or whoever’s at the top of the waitlist. Patel says client SunAndBass Festival hasn’t had a scalped ticket in five years of working with the ticketer.

Clever Analytics – Never wasting an opportunity, The Ticket Fairy lets events collect contact info and demand before ticket sales start with its pre-registration system. It can ceate multiple variants of ticketing sites designed for different demographics like rock vs dance fans for a festival, track sales and demographics in real-time, and relay instant stats about checkins at the door. Integration of email managers like MailChimp and sales pixels like Facebook plus the ability to instantly retarget people who abandoned their shopping via Facebook Custom Audience ads makes marketing easier. And all the metrics, budgets, and expenses are automatically organized into financial reports to eliminate spreadsheet busywork.

Still, the biggest barrier to adoption remains the long exclusive contracts Ticketmaster and other giants like AEG coerce venues into in the US. Abroad, venues typically work with multiple ticket promoters who sell from the same pool, which is why 80% of The Ticket Fairy’s business is international right now. In the US, ticketing is often handled by a single company except for the 8% of tickets artists can sell however they want. That’s why The Ticket Fairy has focused on signing up non-traditional venues for festivals, trade convention halls, newly built esports arenas, as well as concert halls.

“Coming from the event promotion background, we understand the risk event organizers take in creating these experiences” The Ticket Fairy’s co-founder and Ritesh’s brother Jigar Patel explains. “The odds of breaking even are poor and many are unable to overcome those challenges, but it is sheer passion that keeps them going in the face of financial uncertainty and multi-year losses.” As competitors’ contracts expire, The Ticket Fairy hopes to swoop in by dangling its sales-boosting tech. “We get locked out of certain things because people are locked in a contract, not because they don’t want to use our system.”

The live music industry can brutal, though. Events can have slim margins, organizers are loathe to change their process, it’s a sales heavy process convincing them to try new software. But while record business has been redefined by streaming, ticketing looks a lot like it did a decade ago. That makes it ripe for disruption.

“The events industry is more important than ever, with artists making the bulk of their income from touring instead of record sales, and demand from fans for live experiences is increasing at a global level” Jigar concludes. “When events go out of business, everybody loses, including artists and fans. Everything we do at The Ticket Fairy has that firmly in mind – we are here to keep the ecosystem alive.”

Posted Under: Tech News
Daily Crunch: Google is acquiring Looker

Posted by on 6 June, 2019

This post was originally published on this site

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.

1. Google to acquire analytics startup Looker for $2.6 billion

Google Cloud has been mired in third place in the cloud infrastructure market, and grabbing Looker gives it an analytics company with a solid track record. The startup has raised more than $280 million in funding.

Like other big acquisitions, this deal is subject to regulatory approval, but it is expected to close later this year if all goes well.

2. Uber Copter offers on-demand JFK helicopter service for top-tier users

Uber is adding regular helicopter air service with Uber Copter — a new service line launched today that will provide on-demand transportation from Lower Manhattan to JFK airport for, on average, between $200 and $225 per person. That price includes car service to and from the helipad at each end.

3. In trying to clear ‘confusion’ over anti-harassment policy, YouTube creates more confusion

After a series of tweets that made it seem as if YouTube was ignoring its own anti-harassment policies, the video platform published a blog post in an attempt to clarify its stance. Instead, the post raises more questions about YouTube’s commitment to fighting harassment and hate speech on its platform.

4. Sources: Bird is in talks to acquire scooter startup Scoot

The stage of the negotiations is not clear, but it sounds like the deal is not closed. Both Scoot and Bird declined to comment.

5. Apple’s global accessibility head on the company’s new features for iOS 13 and macOS Catalina

“One of the things that’s been really cool this year is the [accessibility] team has been firing on [all] cylinders across the board,“ Apple’s Sarah Herrlinger told us. “There’s something in each operating system and things for a lot of different types of use cases.”

6. A first look at Amazon’s new delivery drone

The drone has an ingenious hexagonal hybrid design with very few moving parts, and Amazon says it’s chock-full of sensors and a suite of compute modules to keep the drone safe.

7. This year’s Computex was a wild ride with dueling chip releases, new laptops and 467 startups

Computex picked up the pace this year, with dueling chip launches by rivals AMD and Intel and a slew of laptop releases. (Extra Crunch membership required.)

Posted Under: Tech News
Google to acquire analytics startup Looker for $2.6 billion

Posted by on 6 June, 2019

This post was originally published on this site

Google made a big splash this morning when it announced it’s going to acquire Looker, a hot analytics startup that’s raised over $280 million. It’s paying $2.6 billion for the privilege and adding the company to Google Cloud.

Thomas Kurian, the man who was handed the reigns to Google Cloud at the end of last year sees the crucial role data plays today for organizations, especially as they move to the cloud. “The combination of Google Cloud and Looker will enable customers to harness data in new ways to drive their digital transformation,” Kurian said in a statement.

Google Cloud has been mired in third place in the cloud infrastructure market, and grabbing Looker gives it an analytics company with a solid track record. The last time I spoke to Looker, it was announcing a hefty $103 million in funding on a $1.6 billion valuation. Today’s price is nice even billion over that.

As I wrote at the time, Looker’s CEO Frank Bien wasn’t all that interested in bragging about valuations though. He wanted to talk about what he considered more important numbers. “He reported that the company has 1,600 customers now and just crossed the $100 million revenue run rate, a significant milestone for any enterprise SaaS company. What’s more, Bien reports revenue is still growing 70 percent year over year, so there’s plenty of room to keep this going.”

Bien saw today’s deal as a chance to gain the scale of the Google cloud platform, and as successful as the company has been, it’s never going to have the reach of Google Cloud. “Together, we are reinventing what it means to solve business problems with data at an entirely different scale and value point,” he said in a statement.

He says that his company was really trying to disrupt the business intelligence and analytics market. “What we wanted to do was disrupt this pretty staid ecosystem of data visualization tools and and data prep tools that companies were being forced to build solutions. We thought it was time to rationalize, a new a new platform for data, a single place where we could really reconstitute a single view of information and make it available in the enterprise for business purposes,” he said in media briefing this morning.

Diagram: Google & Looker

Slide: Google & Looker

Perhaps, it’s not a coincidence that Google went after Looker as the two companies had a strong existing partnership and 350 common customers, according to Google.

Per usual this deal is going to be subject to regulatory approval, but the deal is expected to close later this year if all goes well.

Posted Under: Tech News
Google Cloud gets capacity reservations, extends committed use discounts beyond CPUs

Posted by on 5 June, 2019

This post was originally published on this site

Google Cloud made two significant pricing announcements today. Those, you’ll surely be sad to hear, don’t involve the usual price drops for compute and storage. Instead, Googe Cloud today announced that it is extending its committed use discounts, which give you a significant discount when you commit to using a certain number of resources for one or three years, to GPUs, Cloud TPU Pods and local SSDs. In return for locking yourself into a long-term plan, you can get discounts of 55 percent off on-demand prices.

In addition, Google launching a capacity reservation system for Compute Engine that allows users to reserve resources in a specific zone for later use to ensure that they have guaranteed access to these resources when needed.

At first glance, capacity reservations may seem like a weird concept in the cloud. The promise of cloud computing, after all, is that you can just spin machines up and down at will — and never really have to think about availability.

So why launch a reservation system? “This is ideal for use cases like disaster recovery or peace of mind, so a customer knows that they have some extra resources, but also for retail events like Black Friday or Cyber Monday,” Google senior product manager Manish Dalwadi told me.

These users want to have absolute certainty that when they need the resources, they will be available to them. And while many of us think of the large clouds as having a virtually infinite amount of virtual machines available at any time, some machine types may occasionally only be available in a different availability zone, for example, that is not the same zone as where the rest of your compute resources are.

Users can create or delete reservations at any time and any existing discounts — including sustained use discounts and committed use discounts — will be applied automatically.

As for committed use discounts, it’s worth noting that Google always took a pretty flexible approach to this. Users don’t have to commit to using a specific machine type for three years, for example. Instead, they commit to using a specific number of CPU cores and memory, for example.

“What we heard from customers was that other commit models are just too inflexible and their utilization rates were very low, like 70, 60 percent utilization,” Google product director Paul Nash told me. “So one of our design goals with committed use discounts was to figure out how we could provide something that gives us the capacity planning signal that we need, provides the same amount of discounts that we want to pass on to customers, but do it in a way that customers actually feel like they are getting a great deal and so that they don’t have to hyper-manage these things in order to get the most out of them.”

Both the extended committed use discounts and the new capacity reservation system for Compute Engine resources are now live in the Google Cloud.

Posted Under: Tech News
Yellowbrick Data raises $81M Series C for hybrid data warehouse

Posted by on 5 June, 2019

This post was originally published on this site

There’s lots of data in the world these days, and there are a number of companies vying to store that data in data warehouses or lakes or whatever they choose to call it. Old school companies have tended to be on prem, while new ones like Snowflake are strictly in the cloud. Yellowbrick Data wants to play the hybrid angle, and today it got a healthy $81 million Series C to continue its efforts.

The round was led by DFJ Growth with help from Next47, Third Point Ventures, Menlo Ventures, GV (formerly Google Ventures), Threshold Ventures and Samsung. New investors joining the round included IVP and BMW i Ventures. Today’s investment brings the total raised to a brisk $173 million.

Yellowbrick sees a world that many of the public cloud vendors like Microsoft and Google see, one where enterprise companies will be living in a hybrid world where some data and applications will stay on prem and some in the cloud. They believe this situation will be in place for the foreseeable future, so its product plays to that hybrid angle, where your data can be on prem or in the cloud.

The company did not want to discuss valuation in spite of the high amount of raised dollars. Neither did it want to discuss revenue growth rates, other than to say that it was growing at a healthy rate.

Randy Glein, partner at DFJ Growth, did say one of the things that attracted his company to invest in Yellowbrick was its momentum along with the technology, which in his view, provides a more modern way to build data warehouses. “Yellowbrick is quickly providing a new generation of ultra-high performance data warehouse capabilities for large enterprises. The technology is a step function improvement on every dimension compared to legacy solutions, helping modern enterprises digest and interpret massive data workloads in a fraction of the time at a fraction of the cost,” he said in a statement.

It’s interesting that a company with just 100 employees would require this kind of money, but as company COO Jason Snodgress told TechCrunch, it costs a lot of money to build out a data warehouse. He’s not wrong. Snowflake, a company that’s building a cloud data warehouse, has raised almost a billion dollars.

Posted Under: Tech News
LinkedIn to shutter Chitu, its Chinese-language app, in July, redirects users to LinkedIn in Chinese

Posted by on 5 June, 2019

This post was originally published on this site

LinkedIn has long eyed China as an important country to offset slowing growth in more mature markets. But now it’s calling time on a localized effort after failing to see it pick up steam. The company has announced that it will be shutting down Chitu — a Chinese-only app it had built targeting younger people and those who had less of a need to network with people outside of the country — at the end of July.

The closure is notable for a couple of reasons.

First, it marks a retreat of sorts for LinkedIn in the country from building standalone apps to target younger users, and specifically those targeting young professionals, at the same time that LinkedIn also faces stiff competition from other services like Maimai and Zhaopin.

Second, Chitu was a rare (and possibly the only) example of an app from LinkedIn built specifically to target one non-English market — and a very big one at that — by building a social graph independent of LinkedIn’s. Chitu’s shutdown is therefore a sign of how LinkedIn ultimately didn’t succeed in that effort.

The company posted an announcement of the change in Chinese on Chitu’s website, and a spokesperson for LinkedIn confirmed the changes further in a statement provided to TechCrunch, where it described Chitu — which has been around since 2015 — as “one of many experiments.”

It also noted that it will be upgrading the LinkedIn core app as a “one-stop shop”, incorporating some of Chitu’s features, presumably in an effort to attract Chitu’s users rather than lose them altogether.

“Chitu will officially go offline at the end of July 2019,” the company noted in the statement. “In the future, we will focus on the continuous optimization and upgrade of the LinkedIn app, serving as a one-stop shop to accompany Chinese professionals along each step of their career development and connect to more opportunities.” We’ll post the full statement LinkedIn sent us at the bottom of this article.

LinkedIn first officially set up shop in China back in 2014 as “领英”. Its branding firm pointed out at the time that the characters’ pronunciation, “ling ying,” sounding a bit like “LinkedIn” and loosely meant “to lead elites.” It was initially established as a joint venture with Sequoia and CBC since it was still an independent company and not owned by Microsoft at the time.

LinkedIn already had users in the country at that point — some 4 million individuals and 80,000 companies were already using the English-language version of the site at the time — but the idea was to set up a local operation to seize the opportunity of creating services more tailored to the world’s biggest mobile market, which would include local language support, and to meet the regulatory demands of needing to establish local operations to do that. It included efforts to build integrations with other sites like WeChat, as well as bigger partnerships with the likes of Didi.

A year later, Derek Shen, the LinkedIn executive who led the launch of LinkedIn China, spearheaded the launch of Chitu.

The idea was to build a new app that could tap into the smartphone craze that had swept the country, in particular among younger users who had foregone using computers in favor of their hand-held devices that they used to regularly check in on apps like WeChat.

“In the past year, we have done a lot of localization efforts and achieved great results, such as deep integration with WeChat, Weibo, QQ mailbox, and Alibaba,” he wrote in an essay at the time (originally in Chinese).

“However, in general, we are still maintaining a global platform that is note evolving fast enough, and localization is not determined. We believe that only a product that is independent of the global platform can fully meet the unique needs of social networking in China, so that we can really run like a startup.”

LinkedIn would at the same time continue to build out the Chinese version of LinkedIn itself targeting older and more premium users who might be interacting with people in other languages like English.

From what we understand, Chitu had a good start, with millions of users signing up in the early years, beating LinkedIn itself on user retention rates and engagement.

But a source says that internally it faced some issues for trying to develop an ecosystem independent of the LinkedIn platform, which only became more challenging after Microsoft acquired the company, the source said. (He didn’t say why, but for starters it would have been more lucrative to monetise a single user base, and to develop new features for a single platform, rather than do either across multiple apps.)

“After Microsoft acquired LinkedIn, independence became unthinkable,” the source said. “People with entrepreneurial DNA have all left, so it’s natural to shut down Chitu at this point.” It didn’t help that Shen himself left the company in 2017.

It’s unclear how many users Chitu ultimately picked up but LinkedIn says that it has 47 million LinkedIn members in China, out of a total of 610 million globally. Notably, observers point out that its two big rivals Maimai and Zhaopin are both growing faster.

More generally, and likely to better compete against local players, LinkedIn tells us that it’s rebooted its growth strategy in the country last month. That new strategy appears to be based fundamentally on any new services or partnerships now stemming from one centralised platform.

“2.0 [as the new strategic effort is called] is built on LinkedIn’s vast global network of professionals with real identities and profiles as the foundation and providing a one-stop shop services to our members and constructing an ecosystem in China,” a spokesperson said in response to a question we had about whether the company will continue to build out more partnerships with third parties. “We do not exclude any partners who participate in building this “one-stop shop “and eventually construct a powerful ecosystem.” 

Here is the full statement on the shut-down of Chitu.

“China is core to LinkedIn’s mission and vision globally – creating economic opportunity to every member of the global workforce. Since entering China in 2014, LinkedIn has explored its development path within the Chinese market, adjusting short-term strategies according to changes in the market environment. This includes Chitu, which launched in 2015, to help LinkedIn expand the social network market through the mobile app.

“Chitu is one of many experiments we conducted to continue to learn and provide more value to members. Other efforts include WeChat integration, Sesame Credit partnership etc. Based on user feedback and data analysis, we find that Chinese professionals are proactively seeking for career development opportunities. We incorporate many learnings and insights from Chitu into our new offerings on LinkedIn app that we believe will cover different needs and stages in professional and career development.

“Chitu will officially go offline at the end of July 2019, following the completion of its historical mission. In the future, we will focus on the continuous optimization and upgrade of the LinkedIn app, serving as a one-stop shop to accompany Chinese professionals along each step of their career development and connect to more opportunities.”

Posted Under: Tech News
Aion Network introduces first blockchain virtual machine for Java developers

Posted by on 5 June, 2019

This post was originally published on this site

Aion Network, a non-profit dedicated to creating tools to promote blockchain technologies, announced a new virtual machine today that’s built on top of the popular Java Virtual Machine. Its ultimate goal is increasing the popularity of blockchain with developers.

Aion CEO Matthew Spoke says one of the barriers to more widespread blockchain adoption has been a lack of tooling for developers in a common language like Java. The company believed if they could build a virtual machine specifically for blockchain on top of the Java Virtual Machine (JVM), which has been in use for years, it could help promote more extensive use of blockchain.

Today, it’s announcing the Aion Virtual Machine (AVM), a virtual machine that sits on top of the JVM. AVM makes it possible for developers to use their familiar toolset while building in the blockchain bits like smart contracts in the AVM without having to alter the JVM at all.

“We didn’t want to modify the JVM. We wanted to build some sort of supplementary software layer that can interact with the JVM. Blockchains have a set of unique criteria. They need to be deterministic; the computing needs to happen across the distributed network of nodes; and the JVM was never designed with this in mind,” Spoke explained.

Aion set out to build a virtual machine for blockchain without reinventing the wheel. It recognized that Java remains one of the most popular programming languages around, and it didn’t want to mess with that. In fact, it wanted to take advantage of the popularity by building a kind of blockchain interpreter that would sit on top of the JVM without getting in the way of it.

“Rather than trying to convince people of the merits of a new system, can we just get the system they’re already familiar with on top of the blockchain? So we started engineering towards that solution. And we’ve been working on that since for about a year at this point, leading up to our release this week to prove that we can solve that problem,” Spoke told TechCrunch.

Up to this point, Aion has been focusing on the crypto community, but the company felt to really push the blockchain beyond the realm of the true believers, it needed to come up with a way for developers who weren’t immersed in this to take advantage of it.

“Our big focus now is how do we take this message of building blockchain apps and take it into a more traditional software industry audience. Instead of trying to compete for the attention of crypto developers, we want the blockchain to become almost a micro service layer to what normal software developers are solving on a day-to-day basis,” he said.

The company is hoping that by providing this way to access blockchain services, it can help popularize blockchain concepts with developers who might not otherwise have been familiar with them. It’s but one attempt to bring blockchain to more business-oriented use cases, but the company has given this a lot of thought and believes it will help them evangelize this approach with a wider audience of developers moving forward.

Posted Under: Tech News
AntiToxin sells safetytech to clean up poisoned platforms

Posted by on 5 June, 2019

This post was originally published on this site

The big social networks and video games have failed to prioritize user well-being over their own growth. As a result, society is losing the battle against bullying, predators, hate speech, misinformation and scammers. Typically when a whole class of tech companies have a dire problem they can’t cost-effectively solve themselves, a software-as-a-service emerges to fill the gap in web hosting, payment processing, etc. So along comes AntiToxin Technologies, a new Israeli startup that wants to help web giants fix their abuse troubles with its safety-as-a-service.

It all started on Minecraft. AntiToxin co-founder Ron Porat is cybersecurity expert who’d started popular ad blocker Shine. Yet right under his nose, one of his kids was being mercilessly bullied on the hit children’s game. If even those most internet-savvy parents were being surprised by online abuse, Porat realized the issue was bigger than could be addressed by victims trying to protect themselves. The platforms had to do more, research confirmed.

A recent Ofcom study found almost 80% of children had a potentially harmful online experience in the past year. Indeed, 23% said they’d been cyberbullied, and 28% of 12 to 15-year-olds said they’d received unwelcome friend or follow requests from strangers. A Ditch The Label study found of 12 to 20-year-olds who’d been bullied online, 42% were bullied on Instagram.

Unfortunately, the massive scale of the threat combined with a late start on policing by top apps makes progress tough without tremendous spending. Facebook tripled the headcount of its content moderation and security team, taking a noticeable hit to its profits, yet toxicity persists. Other mainstays like YouTube and Twitter have yet to make concrete commitments to safety spending or staffing, and the result is non-stop scandals of child exploitation and targeted harassment. Smaller companies like Snap or Fortnite-maker Epic Games may not have the money to develop sufficient safeguards in-house.

“The tech giants have proven time and time again we can’t rely on them. They’ve abdicated their responsibility. Parents need to realize this problem won’t be solved by these companies” says AntiToxin CEO Zohar Levkovitz, who previously sold his mobile ad company Amobee to Singtel for $321 million. “You need new players, new thinking, new technology. A company where ‘Safety’ is the product, not an after-thought. And that’s where we come-in.” The startup recently raised a multimillion-dollar seed round from Mangrove Capital Partners and is allegedly prepping for a double-digit millions Series A.

AntiToxin’s technology plugs into the backends of apps with social communities that either broadcast or message with each other and are thereby exposed to abuse. AntiToxin’s systems privately and securely crunch all the available signals regarding user behavior and policy violation reports, from text to videos to blocking. It then can flag a wide range of toxic actions and let the client decide whether to delete the activity, suspend the user responsible or how else to proceed based on their terms and local laws.

Through the use of artificial intelligence, including natural language processing, machine learning and computer vision, AntiToxin can identify the intent of behavior to determine if it’s malicious. For example, the company tells me it can distinguish between a married couple consensually exchanging nude photos on a messaging app versus an adult sending inappropriate imagery to a child. It also can determine if two teens are swearing at each other playfully as they compete in a video game or if one is verbally harassing the other. The company says that beats using static dictionary blacklists of forbidden words.

AntiToxin is under NDA, so it can’t reveal its client list, but claims recent media attention and looming regulation regarding online abuse has ramped up inbound interest. Eventually the company hopes to build better predictive software to identify users who’ve shown signs of increasingly worrisome behavior so their activity can be more closely moderated before they lash out. And it’s trying to build a “safety graph” that will help it identify bad actors across services so they can be broadly deplatformed similar to the way Facebook uses data on Instagram abuse to police connected WhatsApp accounts.

“We’re approaching this very human problem like a cybersecurity company, that is, everything is a Zero-Day for us” says Levkowitz, discussing how AntiToxin indexes new patterns of abuse it can then search for across its clients. “We’ve got intelligence unit alums, PhDs and data scientists creating anti-toxicity detection algorithms that the world is yearning for.” AntiToxin is already having an impact. TechCrunch commissioned it to investigate a tip about child sexual imagery on Microsoft’s Bing search engine. We discovered Bing was actually recommending child abuse image results to people who’d conducted innocent searches, leading Bing to make changes to clean up its act.

AntiToxin identified publicly listed WhatsApp Groups where child sexual abuse imagery was exchanged

One major threat to AntiToxin’s business is what’s often seen as boosting online safety: end-to-end encryption. AntiToxin claims that when companies like Facebook expand encryption, they’re purposefully hiding problematic content from themselves so they don’t have to police it.

Facebook claims it still can use metadata about connections on its already encrypted WhatApp network to suspend those who violate its policy. But AntiToxin provided research to TechCrunch for an investigation that found child sexual abuse imagery sharing groups were openly accessible and discoverable on WhatsApp — in part because encryption made them hard to hunt down for WhatsApp’s automated systems.

AntiToxin believes abuse would proliferate if encryption becomes a wider trend, and it claims the harm that it  causes outweighs fears about companies or governments surveiling unencrypted transmissions. It’s a tough call. Political dissidents, whistleblowers and perhaps the whole concept of civil liberty rely on encryption. But parents may see sex offenders and bullies as a more dire concern that’s reinforced by platforms having no idea what people are saying inside chat threads.

What seems clear is that the status quo has got to go. Shaming, exclusion, sexism, grooming, impersonation and threats of violence have started to feel commonplace. A culture of cruelty breeds more cruelty. Tech’s success stories are being marred by horror stories from their users. Paying to pick up new weapons in the fight against toxicity seems like a reasonable investment to demand.

Posted Under: Tech News
Microsoft and Oracle link up their clouds

Posted by on 5 June, 2019

This post was originally published on this site

Microsoft and Oracle announced a new alliance today that will see the two companies directly connect their clouds over a direct network connection so that their users can then move workloads and data seamlessly between the two. This alliance goes a bit beyond just basic direct connectivity and also includes identity interoperability.

This kind of alliance is relatively unusual between what are essentially competing clouds, but while Oracle wants to be seen as a major player in this space, it also realizes that it isn’t likely to get to the size of an AWS, Azure or Google Cloud anytime soon. For Oracle, this alliance means that its users can run services like the Oracle E-Business Suite and Oracle JD Edwards on Azure while still using an Oracle database in the Oracle cloud, for example. With that, Microsoft still gets to run the workloads and Oracle gets to do what it does best (though Azure users will also continue be able to run their Oracle databases in the Azure cloud, too).

“The Oracle Cloud offers a complete suite of integrated applications for sales, service, marketing, human resources, finance, supply chain and manufacturing, plus highly automated and secure Generation 2 infrastructure featuring the Oracle Autonomous Database,” said Don Johnson, executive vice president, Oracle Cloud Infrastructure (OCI), in today’s announcement. “Oracle and Microsoft have served enterprise customer needs for decades. With this alliance, our joint customers can migrate their entire set of existing applications to the cloud without having to re-architect anything, preserving the large investments they have already made.”

For now, the direct interconnect between the two clouds is limited to Azure US East and Oracle’s Ashburn data center. The two companies plan to expand this alliance to other regions in the future, though they remain mum on the details. It’ll support applications like JD Edwards EnterpriseOne, E-Business Suite, PeopleSoft, Oracle Retail and Hyperion on Azure, in combination with Oracle databases like RAC, Exadata and the Oracle Autonomous Database running in the Oracle Cloud.

“As the cloud of choice for the enterprise, with over 95% of the Fortune 500 using Azure, we have always been first and foremost focused on helping our customers thrive on their digital transformation journeys,” said Scott Guthrie, executive vice president of Microsoft’s Cloud and AI division. “With Oracle’s enterprise expertise, this alliance is a natural choice for us as we help our joint customers accelerate the migration of enterprise applications and databases to the public cloud.”

Today’s announcement also fits within a wider trend at Microsoft, which has recently started building a number of alliances with other large enterprise players, including its open data alliance with SAP and Adobe, as well as a somewhat unorthodox gaming partnership with Sony.

 

Posted Under: Tech News
Page 19 of 80« First...10...1718192021...304050...Last »

Social Media

Bulk Deals

Subscribe for exclusive Deals

Recent Post

Archives

Facebook

Twitter

Subscribe for exclusive Deals




Copyright 2015 - InnovatePC - All Rights Reserved

Site Design By Digital web avenue