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Dataiku raises $100 million in Stripes-led Series-D funding round

Dataiku raises $100 million in Stripes-led Series-D funding round

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Enterprise AI and machine learning platform provider, Dataiku, has reportedly raised a sum of $100 million in Series-D funding round led by Stripes, with major contribution by Tiger Global Management. The company’s existing investors comprising Dawn Capital, Battery Ventures, ICONIQ, CapitalG, and FirstMark Capital also participated in the investment round, stated sources. The raised capital intends to continue driving AI within the enterprise, aiming to serve more than 300 customers who understand the gravity of an end-to-end and collaborative AI strategy for business enhancement.

For the uninitiated, Dataiku was founded in 2013 with the mission of extending the lab

Epic Cycles launches conversion kits to promote electric bikes

Epic Cycles launches conversion kits to promote electric bikes

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Toronto-based leading developer of electronic bikes and scooters, Epic Cycles, has reportedly introduced a conversion kit for conventional bicycles. Sources close to the matter stated that the new solution would be effective in reducing environmental pollution while making travel convenient and accessible for its consumers.

The conversion kit will allow traditional bikes to be powered using electricity, sources claimed. Moreover, it is important to note that the kit will enable consumers to benefit from using electric bikes in a cost effective way as well as from additional convenience and power that eBikes provide.

In terms of safety, the conversion kit will seemingly help customers to use traditional bikes while they ge

C-Trade offers 150x leverage on its new crypto derivatives platform

C-Trade offers 150x leverage on its new crypto derivatives platform

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C-Trade has reportedly announced the launch of its new crypto derivatives platform, providing around 150x leverage on derivative products in addition to greater speed and efficiency for traders. The company has also reduced the average user withdrawal approvals time to a few minutes, encouraged by the personal management experience provided on other platforms.

C-Trade’s risk management and order matching engine offers an exceptional speed that exceeds the present industry standard by around 20 times, state sources. The platform delivers a tight spread and high liquidity owing to the prior experience of its development team at Societe General and J.P. Morgan. Further, sources state that C-Trade users will be provided with a

Work from home restrictions accelerate Australian retailers’ profit

Work from home restrictions accelerate Australian retailers’ profit

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The ongoing pandemic’s widespread impact on the Australian economy has significantly disrupted the e-commerce and retail sectors in particular. While some retail categories, like electronics, flourished with work from home restrictions, a few traditional retail categories suffered due to pandemic.

 

Following a similar trend, two of the biggest tech retailers in Australia have reportedly posted record profits and raised dividends on Monday. The frenzy of purchases of screens, computers, and other home goods amid pandemic has significantly increased the revenues of Australian retail companies.

 

According to sources familiar with the knowledge of the matter, Australia’s leading electro

ByteDance censors all anti-China content in Indonesian app

ByteDance censors all anti-China content in Indonesian app

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As per the latest news circulating on the internet, Chinese tech company ByteDance Ltd. has censored content criticizing the government of China on news its aggregation app in Indonesia from 2018 to mid-2020.

 

ByteDance purchased Indonesian news aggregator BaBe in 2018 after TikTok was temporarily suspended in the country for broadcasting objectionable videos. Soon after the acquisition of BaBe, the local administrators were advised by a team from ByteDance’s Beijing headquarters to remove posts considered as negative about the Chinese authorities from the app.

 

BaBe moderators were also instructed not to post any posts on the TikTok ban while talks with the Indonesian government were ong

Uber could shut down in California for few months, says Uber CEO

Uber could shut down in California for few months, says Uber CEO

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Two days after California judge granted a preliminary injunction requiring ride-hailing giant Uber and Lyft to classify drivers as employees in California, Uber CEO Dara Khosrowshahi has reportedly announced that Uber could suspend its operations in the Golden State for months.

Sources cite that Lyft and Uber both have about a week left to appeal a preliminary injunction made by an authorized California Judge that will prohibit the ride-hailing companies from classifying their drivers as independent workers. The order requires Uber and Lyft to offer unemployment insurance and other benefits for workers.

If the court does not reconsider the order, the CEO said the plan is to halt Uber operations until November, when voters

Twitter fixes security issue over Android devices’ vulnerability

Twitter fixes security issue over Android devices’ vulnerability

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The current digital era is remnant of people living out a substantial portion of their lives on social media. Social networking companies like Facebook, Twitter, etc., on that note, have been safeguarding their customers’ private data by employing various security methods.

However, the security of these platforms can still be dependent on the external factors including the platform used, other apps installed by the users, amongst others, which the app maker may not have a chance to supervise.

In one such case, Twitter Inc has reportedly announced that it had patched a security problem that would have allowed hackers to access some Android users’ private Twitter data, including messages.

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