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Europe should ban AI for mass surveillance and social credit scoring, says advisory group

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An independent expert group tasked with advising the European Commission to inform its regulatory response to artificial intelligence — to underpin EU lawmakers’ stated aim of ensuring AI developments are “human centric” — has published its policy and investment recommendations. This follows earlier ethics guidelines for “trustworthy AI”, put out by the High Level Expert Group (HLEG) for AI back in April, when the Commission also called for participants to test the draft rules.

How Data Analytics Is Changing The Insurance Industry

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The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The journal Risk Management and Insurance Review mentions that historically, in the latter half of the twentieth century, the analysis of trends was the primary driver in determining risk in the insurance business.

Snowflake co-founder and president of product Benoit Dageville is coming to TC Sessions: Enterprise

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When it comes to a cloud success story, Snowflake checks all the boxes. It’s a SaaS product going after industry giants. It has raised bushels of cash and grown extremely rapidly — and the story is continuing to develop for the cloud data lake company. In September, Snowflake’s co-founder and president of product Benoit Dageville will join us at our inaugural TechCrunch Sessions: Enterprise event on September 5 in San Francisco.

Orderful nabs $10M from A16Z to modernise the B2B supply chain network

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The march of globalization continues unabated, and with it comes a growing demand for companies of all sizes to communicate with and sell to each other, regardless of the distance or any other barrier. Now, a startup that has built a platform to help them do that better and more cheaply is announcing a round of funding to capitalize on the opportunity.

Google brings together BigQuery and Kaggle in new integration

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Google bought Kaggle in 2017 to provide a data science community for its big data processing tools on Google Cloud. Today, the company announced a new direct integration between Kaggle and BigQuery, Google’s cloud data warehouse. More specifically, data scientists can build a model in a Kaggle Jupyter Notebook, known as Kaggle Kernels in the community. You can then link directly to BigQuery through the tool’s API, making it much simpler to query against the data in the data warehouse using SQL, a language data scientists tend to be very familiar with.

7 top data management platforms

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Adobe, Salesforce, Nielsen and Neustar are among the top providers of DMP software, according to a new Wave Report from Forrester Research.

Big Data For Instagram: Using Data To Perfect Your Instagram Storyboard

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Do you want to create Instagram stories like a pro, but don’t know how to go about it? You have come to the right page because we are going to discuss how you create the storyboard for Instagram stories. The good news is that big data has made it easier than ever to create powerful Instagram content. How Big Data is Making Instagram Stories More Effective Instagram marketers can’t ignore the benefits of big data.

Facebook Usage Has Collapsed After Privacy Scandals, Data Shows

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mrspoonsi shares a report from the Guardian: Facebook usage has plummeted over the last year, according to data seen by the Guardian, though the company says usage by other measures continues to grow. Since April 2018, the first full month after news of the Cambridge Analytica scandal broke in the Observer, actions on Facebook such as likes, shares and posts have dropped by almost 20%, according to the business analytics firm Mixpanel.

Predictive Analytics Asset Valuations: New Opportunities or the Start of Another Futures Bubble?

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Future traders need to always be on their game. They should use the latest technology to have a competitive edge in the market. New technology has always been at the forefront of the financial industry. Computers have always played an important role in improving the efficiency of financial markets. In many ways, this has been beneficial. In other ways, it has created new risks.

SaaS data protection provider Druva nabs $130M, now at a $1B+ valuation, acquires CloudLanes

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As businesses continue to move more of their computing and data to the cloud, one of the startups that has made a name for itself as a provider of cloud-based solutions to protect and manage those IT assets has raised a big round of funding to build its business. Druva, which provides software-as-a-service-based data protection, backup and management solutions, has raised $130 million in a round of funding that CEO and founder Jaspreet Singh says takes the company “well past the $1 billion mark” in terms of its valuation.
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