X, formerly known as Twitter, will begin collecting users’ biometric data, according to its new privacy policy that was first spotted by Bloomberg. The policy also says the company wants to collect users’ job and education history. The policy page indicates that the change will go into effect on September 29. “Based on your consent,…
It’s the end of the road for Babylon Health, the London tele-health startup once valued at nearly $2 billion after being backed by likes of DeepMind and deep-pocketed health insurance companies. After the company’s U.S. shares became worthless and its operation turned insolvent earlier this month, last night, the U.K. subsidiary of the business formally…
Google-owned Fitbit is facing a trio of privacy complaints in the European Union which allege the company is illegally exporting user data in breach of the bloc’s data protection rules. The complaints target Fitbit’s claim that users have consented to international transfers of their information — to the US and elsewhere — arguing the company…
Most of the tenets that helped capitalism take root and thrive in California two centuries ago are still in place today. The Golden State didn’t invent venture capital, incubators for young talent or higher education partnerships, but just like chardonnay and cannabis, these are concepts we improved upon and commodified for export. It’d be simplistic…
Navin Chaddha Contributor Navin Chaddha is managing partner at Mayfield, an early-stage venture capital firm with a 50+ year track record. More posts by this contributor 5 questions investors should be asking inception-stage generative AI founders 10 questions early-stage founders should be asking investors Today marks nine months since ChatGPT was released, and six weeks…
African women-founders find it incredibly hard to raise capital from private markets, and even banks, a gap that “gender-lens” funds like Alitheia IDF exist to bridge. Alitheia IDF was co-founded by Tokunboh Ishmael and Polo Leteka in 2015 as a private equity fund to back the often marginalized founders. Through the $100 million Alitheia IDF,…
General Motors has found a new way to get in on the generative AI buzz. The automaker is now using Google Cloud’s conversational chatbot, dubbed Dialogflow, to handle some non-emergency OnStar features. GM announced the collaboration alongside a keynote from Alphabet CEO Sundar Pichai at the Google Cloud Next 23 event Tuesday. OnStar, GM’s in-car…
Earlier this summer, Twitch offered some good news to streamers frustrated with the platform’s default revenue share, which splits earnings between the company and the creator 50/50. With the launch of Twitch’s new Partner Plus program, streamers could soon qualify to take home 70% of their earnings instead — but that better deal came with…
Companies increasingly see the value in mining their data for deeper insights. According to a NewVantage survey, 97.6% of major worldwide organizations are focusing investments into big data and AI. But challenges stand in the way of executing big data analytics. One recent poll found that 65% percent of organizations feel they have “too much”…
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border marketplace Markato. Retailers still need to travel to overseas trade shows, cold e-mail new brands and fulfill orders by filling out forms and purchase orders. Markato…
