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Daily Crunch: French data watchdog investigates Criteo

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Criteo faces a privacy investigation, an e-discovery startup raises $62 million and hackers hack other hackers. Here’s your Daily Crunch for March 10, 2020. 1. Adtech giant Criteo is being investigated by France’s data watchdog Criteo is under investigation by the French data protection watchdog, the CNIL, following a complaint filed by privacy rights campaign group Privacy International. Back in November 2018, a few months after GDPR (Europe’s updated data protection framework) came into force, Privacy International filed complaints against a number of companies operating in the space — including Criteo.

Everlaw announces $62M Series C to continue modernizing legal discovery

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Everlaw is bringing modern data management, visualization and machine learning to eDiscovery, the process in which legal entities review large amounts of evidence to build a case. Today, the company announced a $62 million Series C investment. CapitalG (Alphabet’s growth equity investment fund) and Menlo Ventures led the round. Existing investors Andreessen Horowitz and K9 Ventures also participated. The startup has now raised $96 million, according to the company.

Data Visualization Is Not a Panacea

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It galls me when people oversell data visualization. Data visualization combines technologies (visual representations of quantitative data) with specific skills (techniques for creating and interacting with those visual representations) to make sense of and communicate quantitative data. It does not replace the other technologies and skillsets that are also needed to derive value from quantitative data; it complements them. It contributes to solutions; it is not “the solution.” As an expert in data visualization, I’ve never oversold it.

The Future of Fintech: AI & Blockchain

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Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Amex may have used some unsavory tactics to retain cardholdersBaaS provider Thought Machine scooped up $83 million for geographic expansionThe growing list of applications and use cases of blockchain technology in business and life

Meet the graphic designer mapping the absurdities of millennial life on incredibly shareable graphs and charts across Instagram

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Matt Shirley Content specialist Matt Shirley started to create a funny chart a day as a self-challenge in May 2017 but has since gained over 334,000 Instagram followers. Although his charts are not usually supported by real data, he likes to implement graphic design techniques to create light-hearted posts that followers can relate to. His graphics include commentary on life in an office and which states dislike each other the most.

The Future of Fintech: AI & Blockchain

Posted on
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:N26 has rolled out paid premium accounts in two new marketsProspa originated $920 million in loans last year, indicating an increasing interest in Australia's fintech ecosystemSquare's Cash App user base surges to a massive 24 million monthly active customers

YC-backed Turing uses AI to help speed up the formulation of new consumer packaged goods

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One of the more interesting and useful applications of artificial intelligence technology has been in the world of biotechnology and medicine, where now more than 220 startups (not to mention universities and bigger pharma companies) are using AI to accelerate drug discovery by using it to play out the many permutations resulting from drug and chemical combinations, DNA and other factors. Now, a startup called Turing — which is part of the current cohort at Y Combinator due to present in the next Demo Day on March 22 — is taking a similar principle but applying it to the world of building (and ‘discovering’) new consumer packaged goods products.

Chargify acquires Keen to bring event-based billing to its platform

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Chargify, the subscription billing platform, announced today that it has acquired event streaming company, Keen for an undisclosed amount. One interesting aspect of this deal is that both companies are part of the Scaleworks private equity firm’s stable of companies. Keen gives Chargify an event streaming business, and it has taken advantage of that by adding an event-based billing component to the platform.

What a mesh: Snowflake punts edge tech tie-up at SecOps teams

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Cloud data warehouse slinger claims it can help comb through event logs Cloud-native data warehouse vendor Snowflake and Edge Delta have spun up a new SecOps architecture they claim will broaden the application of analytics in a security information and event management (SIEM) product.…

Leidos Australia scores AU$16m BoM data management contract

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The three-year contract commenced in November and is part of the Bureau's wider IT transformation program.
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