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Category Archives: Technology
Big Techs guide to talking about AI ethics – MIT Technology Review
Posted: April 15, 2021 at 6:42 am
AI researchers often say good machine learning is really more art than science. The same could be said for effective public relations. Selecting the right words to strike a positive tone or reframe the conversation about AI is a delicate task: done well, it can strengthen ones brand image, but done poorly, it can trigger an even greater backlash.
The tech giants would know. Over the last few years, theyve had to learn this art quickly as theyve faced increasing public distrust of their actions and intensifying criticism about their AI research and technologies.
Now theyve developed a new vocabulary to use when they want to assure the public that they care deeply about developing AI responsiblybut want to make sure they dont invite too much scrutiny. Heres an insiders guide to decoding their language and challenging the assumptions and values baked in.
accountability (n) - The act of holding someone else responsible for the consequences when your AI system fails.
accuracy (n) - Technical correctness. The most important measure of success in evaluating an AI models performance. See validation.
adversary (n) - A lone engineer capable of disrupting your powerful revenue-generating AI system. See robustness, security.
alignment (n) - The challenge of designing AI systems that do what we tell them to and value what we value. Purposely abstract. Avoid using real examples of harmful unintended consequences. See safety.
artificial general intelligence (phrase) - A hypothetical AI god thats probably far off in the future but also maybe imminent. Can be really good or really bad whichever is more rhetorically useful. Obviously youre building the good one. Which is expensive. Therefore, you need more money. See long-term risks.
audit (n) - A review that you pay someone else to do of your company or AI system so that you appear more transparent without needing to change anything. See impact assessment.
augment (v) - To increase the productivity of white-collar workers. Side effect: automating away blue-collar jobs. Sad but inevitable.
beneficial (adj) - A blanket descriptor for what you are trying to build. Conveniently ill-defined. See value.
by design (ph) - As in fairness by design or accountability by design. A phrase to signal that you are thinking hard about important things from the beginning.
compliance (n) - The act of following the law. Anything that isnt illegal goes.
data labelers (ph) - The people who allegedly exist behind Amazons Mechanical Turk interface to do data cleaning work for cheap. Unsure who they are. Never met them.
democratize (v) - To scale a technology at all costs. A justification for concentrating resources. See scale.
diversity, equity, and inclusion (ph) - The act of hiring engineers and researchers from marginalized groups so you can parade them around to the public. If they challenge the status quo, fire them.
efficiency (n) - The use of less data, memory, staff, or energy to build an AI system.
ethics board (ph) - A group of advisors without real power, convened to create the appearance that your company is actively listening. Examples: Googles AI ethics board (canceled), Facebooks Oversight Board (still standing).
ethics principles (ph) - A set of truisms used to signal your good intentions. Keep it high-level. The vaguer the language, the better. See responsible AI.
explainable (adj) - For describing an AI system that you, the developer, and the user can understand. Much harder to achieve for the people its used on. Probably not worth the effort. See interpretable.
fairness (n) - A complicated notion of impartiality used to describe unbiased algorithms. Can be defined in dozens of ways based on your preference.
for good (ph) - As in AI for good or data for good. An initiative completely tangential to your core business that helps you generate good publicity.
foresight (n) - The ability to peer into the future. Basically impossible: thus, a perfectly reasonable explanation for why you cant rid your AI system of unintended consequences.
framework (n) - A set of guidelines for making decisions. A good way to appear thoughtful and measured while delaying actual decision-making.
generalizable (adj) - The sign of a good AI model. One that continues to work under changing conditions. See real world.
governance (n) - Bureaucracy.
human-centered design (ph) - A process that involves using personas to imagine what an average user might want from your AI system. May involve soliciting feedback from actual users. Only if theres time. See stakeholders.
human in the loop (ph) - Any person that is part of an AI system. Responsibilities range from faking the systems capabilities to warding off accusations of automation.
impact assessment (ph) - A review that you do yourself of your company or AI system to show your willingness to consider its downsides without changing anything. See audit.
interpretable (adj) Description of an AI system whose computation you, the developer, can follow step by step to understand how it arrived at its answer. Actually probably just linear regression. AI sounds better.
integrity (n) - Issues that undermine the technical performance of your model or your companys ability to scale. Not to be confused with issues that are bad for society. Not to be confused with honesty.
interdisciplinary (adj) Term used of any team or project involving people who do not code: user researchers, product managers, moral philosophers. Especially moral philosophers.
long-term risks (n) - Bad things that could have catastrophic effects in the far-off future. Probably will never happen, but more important to study and avoid than the immediate harms of existing AI systems.
partners (n) - Other elite groups who share your worldview and can work with you to maintain the status quo. See stakeholders.
privacy trade-off (ph) - The noble sacrifice of individual control over personal information for group benefits like AI-driven health-care advancements, which also happen to be highly profitable.
progress (n) - Scientific and technological advancement. An inherent good.
real world (ph) - The opposite of the simulated world. A dynamic physical environment filled with unexpected surprises that AI models are trained to survive. Not to be confused with humans and society.
regulation (n) - What you call for to shift the responsibility for mitigating harmful AI onto policymakers. Not to be confused with policies that would hinder your growth.
responsible AI (n)- A moniker for any work at your company that could be construed by the public as a sincere effort to mitigate the harms of your AI systems.
robustness (n) - The ability of an AI model to function consistently and accurately under nefarious attempts to feed it corrupted data.
safety (n)- The challenge of building AI systems that dont go rogue from the designers intentions. Not to be confused with building AI systems that dont fail. See alignment.
scale (n)- The de facto end state that any good AI system should strive to achieve.
security (n) - The act of protecting valuable or sensitive data and AI models from being breached by bad actors. See adversary.
stakeholders (n) - Shareholders, regulators, users. The people in power you want to keep happy.
transparency (n) - Revealing your data and code. Bad for proprietary and sensitive information. Thus really hard; quite frankly, even impossible. Not to be confused with clear communication about how your system actually works.
trustworthy (adj) - An assessment of an AI system that can be manufactured with enough coordinated publicity.
universal basic income (ph) - The idea that paying everyone a fixed salary will solve the massive economic upheaval caused when automation leads to widespread job loss. Popularized by 2020 presidential candidate Andrew Yang. See wealth redistribution.
validation (n) - The process of testing an AI model on data other than the data it was trained on, to check that it is still accurate.
value (n) - An intangible benefit rendered to your users that makes you a lot of money.
values (n) - You have them. Remind people.
wealth redistribution (ph) - A useful idea to dangle around when people scrutinize you for using way too many resources and making way too much money. How would wealth redistribution work? Universal basic income, of course. Also not something you could figure out yourself. Would require regulation. See regulation.
withhold publication (ph) - The benevolent act of choosing not to open-source your code because it could fall into the hands of a bad actor. Better to limit access to partners who can afford it.
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Big Techs guide to talking about AI ethics - MIT Technology Review
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Rocket Software Extends Its Technology and Global Reach with Agreement to Acquire ASG Technologies – Business Wire
Posted: at 6:42 am
WALTHAM, Mass.--(BUSINESS WIRE)--Rocket Software:
News summary
Full storyRocket Software (Rocket), a global technology leader that develops enterprise modernization and optimization solutions for Fortune 500 companies and government agencies, today announced it has signed a definitive agreement to acquire ASG Technologies (ASG), a leading provider of solutions for the information-powered enterprise.
This acquisition furthers Rockets commitment to its customers and partners to continue to grow its portfolio of enterprise software solutions that increase the value of legacy platforms across the technology domains of core infrastructure, security, data & AI, application development, open source, and hybrid cloud.
We know ASG well and are pleased to add their competencies and expertise in and around structured and unstructured data, content management, and systems management to our combined company, said Andy Youniss, CEO, Rocket Software. This is an important milestone in our journey of investing in global enterprise IT solutions and in our ongoing commitment to our customers. We will continue to enable our customers to evolve their core applications, take advantage of the power of their data, and operate their IT environments.
The combination of these portfolios will drive a more holistic approach to generating value from the vast data capabilities of extensive applications at the core of their business. Decades of innovation in the content management space from ASG will continue under Rocket leadership to address the shifting challenges of integration and transparency across legacy, cloud, and SaaS environments. The systems management solutions will continue to support the efficient operation of these critical environments.
Digital transformation has taken on a new level of priority for organizations across industries and geographies in the past year, and the urgency with which it has been embraced in the enterprise has further solidified ASGs mission to improve the way people, information processes and systems work together to deliver business outcomes, said Charles Sansbury, President and CEO, ASG. "With our combined expertise and shared vision, together Rocket and ASG will bring industry-leading innovation to our customer base worldwide."
The deal is expected to close later this calendar quarter, subject to receipt of applicable regulatory approvals and other customary closing conditions. Financial terms of the deal are not being disclosed at this time.
Bank of America Securities and Barclays are acting as joint financial advisors to ASG. Gibson, Dunn & Crutcher LLP is acting as legal counsel to ASG.
About Rocket SoftwareRocket Software empowers organizations to create legendary impact in the world through innovation in legacy technologies. With deep expertise in IBM Z, IBM Power, and database and connectivity solutions, Rocket provides solutions that power tens of thousands of global businesses, solving real problems and making real-world impact. Rocket is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia, and Australia. Rocket is a portfolio company of Bain Capital Private Equity.
Legacy Powers Legendary
About ASG TechnologiesASG Technologies is an award-winning, industry-recognized, and analyst-verified global software company providing the only integrated platform and flexible end-to-end solution for the information-powered enterprise. ASGs Information Management solutions capture, manage, govern, and enable companies to understand and support all types of information assets (structured and unstructured) and stay compliant. ASGs IT Systems Management solutions ensure that the systems and infrastructure supporting that information lifecycle are always available and performing as expected. ASG has over 3,500 customers worldwide in top vertical markets including Financial Services, Healthcare, Insurance and Government. Visit ASG on LinkedIn, Twitter, and Facebook. ASG is a portfolio company of Evergreen Coast Capital, Elliott Investment Managements technology-focused Menlo Park affiliate.
Cautionary Information Regarding Forward-Looking StatementsThis release contains forward-looking statements. Forward-looking statements represent managements current expectations and are based upon information available to the Company at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond the Companys control, that may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company disclaims any intention or obligation to update or revise forward looking statements, whether as a result of new information, future events or otherwise.
2021 Rocket Software, Inc. Rocket is a registered trademark of Rocket Software, Inc. All other trademarks cited herein are the property of their respective owners.
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Scorpion Raises $100 Million From Bregal Sagemount To Expand Its Technology And Services; Bring Enterprise-Grade Technology and Opportunities To Local…
Posted: at 6:42 am
SALT LAKE CITY, April 14, 2021 /PRNewswire/ -- Today, Scorpion, a leading provider of technology and services helping local businesses thrive, announced a $100 million investment from Bregal Sagemount to expand its technology and customer offerings. This funding is a reflection of the exceptional growth in Scorpion's business and investor belief in its vision to empower local businesses and the communities they serve.
Through Scorpion's blend of AI technology and teams of experts, local businesses can improve business performance and marketing capabilities by better understanding their unique market dynamics, competitors, and customers. Scorpion brings everything together making it easy to gain insights at-a-glance and in-depth, and to take action through an all-in-one dashboard. Bringing significant local data and vertical market expertise to customers, Scorpion delivers the tools and services needed to set, measure and exceed goals.
This funding comes at a time of tremendous growth for Scorpion, as the company makes plans to open a new headquarters in the Salt Lake City area. Scorpion will be bringing a team of executives, award-winning designers, developers and service professionals to the city to allow for continued expansion of talent and innovation. The company continues to add to its nearly 1,000 employees, bringing increased expertise across a variety of verticals including legal, home service providers, healthcare and franchises.
Scorpion also expanded its impressive management team, appointing Daniel Street as CEO, Mikel Chertudi as Chief Revenue Officer, Raj Ramanan as Chief Operating Officer, and Azim Nagree as EVP Operations and M&A. Street, a former SVP of Digital for Nexstar, CEO of Loku, Executive at KKR and Management Consultant at Bain and Company, brings decades of extensive experience as a highly regarded technology executive with strategic insights in Local Media, Digital Marketing, and SaaS. Chertudi, former Head of Digital Marketing, Growth & Inside Sales at Adobe, is a digital SaaS expert with more than fifteen years of experience in marketing, product, and sales in B2B and B2C revenue models. Ramanan brings leadership and operational experience from his time spent at McKinsey, Disney, and KKR, and will help Scorpion grow revenue, onboard new customers, and continue to provide world-class service. Nagree, previously Principal of Nagree Consulting and VP of account management at Cision, brings 15 years of experience in growing, scaling and exiting innovative startups. Scorpion Founder Rustin Kretz remains the product visionary and will transition to its Chief Product Officer and Chairman of the Board.
Additionally, Scorpion recently acquired CanIRank, an SEO software company that pioneered AI for customers to quickly secure locally-relevant, actionable, SEO insights and recommendations. This acquisition showcases Scorpion's commitment to accelerating the development of its technology, and providing customers with innovative tools.
"The pandemic has cemented the need for businesses of all sizes to undergo a digital transformation in order to effectively reach and communicate with their customers. Many local providers recognize the need to adopt digital tools and services for local market insights, but simply don't know where to begin," said Scorpion CEO Daniel Street. "I am thrilled to lead Scorpion, as we continue to bring local businesses enterprise-grade technology to drive informed market decisions and enable them to focus on what they do best."
Blair Greenberg, Partner at Bregal Sagemount stated, "Scorpion experienced remarkable growth thanks to its dedication to building a better way to help local businesses thrive." Kirk Smith, Principal added, "Its tireless determination, genuine care, cutting-edge tools and award-winning services are unmatched, and at the core of every customer experience. Bregal Sagemount is excited to be part of Scorpion's prosperous journey as we invest in its growth and technology expansion." Both Greenberg and Smith will be joining Scorpion's Board of Directors.
About ScorpionScorpion is the leading provider of technology and services helping local businesses thrive. It helps local service providers understand their unique market dynamics, maximize their marketing efforts, and delight their customers. Scorpion offers SEO, Reviews, Advertising, Email Marketing, Chat and Messaging, Social Media, Websites, Lead Management, Appointment Scheduling, and more. The company brings everything together in a way that's easy to understand and manage, blending AI and teams of real people with vertical expertise to support customers in setting, measuring, and reaching their goals.
Scorpion is Headquartered in the Salt Lake City area, with offices in California, Texas, and New York. For more information, please visithttps://www.scorpion.co/about-us/.
About Bregal SagemountBregal Sagemount is a growth-focused private capital firm with $4.0 billion of committed capital. The firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $40 million to $200 million per transaction into targeted sectors including software, digital infrastructure, healthcare IT / services, business and consumer services, and financial technology / specialty finance. For more information, please visit http://www.sagemount.com.
SOURCE Scorpion
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Hunt Perovskite Technologies Gets $2.5M in Funding from the Department of Energy Dallas Innovates – dallasinnovates.com
Posted: at 6:42 am
[Photo: Hunt Perovskite Technologies]
Dallas-based Hunt Perovskite Technologies, part of the privately owned group of companies managed by the Ray L. Hunt family, has been chosen to receive $2.5 million in funding from the United States Department of Energy.
The award comes from the DOEs perovskite initiative, specifically titled the Solar Energy Technologies Office Fiscal Year 2020 Perovskite Funding Program. Out of the Department of Energys Office of Energy Efficiency & Renewable Energy, the program supports the research and development of perovskite photovoltaic (PV) devices. The intent is to eventually lead to manufacturing and performance validation.
But according to the DOE, theres some major challenges when it comes to perovskite technologies being commercially successful.
Science Daily describes halide perovskites as soft and flexible materials that could make solar cells more efficient at significantly less cost. Perovskites have the potential to be even more efficient than silicon because less energy is wasted when converting solar energy to electricity, researchers note. The problem is that theyre too unstable to use.
Last year, the DOE announced the new program dedicated to funding projects that could increase access to reliable electricity by improving the countrys understanding of perovskite stability. Eventually, the department hopes to enable the domestic production of high-efficiency perovskite devices.
Hunt Perovskite Technologies (HPT) is one of the 22 selected to receive a total of $40 million.
The local company, which was created and incubated within Hunt Energy Enterprises, Hunts energy technology venture business unit, specializes in the development of highly stable and efficient metal halide perovskite materials. HPTs goal is to use those materials in single-junction PV solar panels for the utility-scale market.
READ NEXT Hunt Energy Networks New Venture Will Put 50 Batteries Across Texas, Giving ERCOT a Portfolio of Energy Generation
For the $2.5 million DOE projecttitled Slot-Die Fabrication of Lead-Safe, Robust, and Stable Metal Halide Perovskite ModulesHPT will work to demonstrate perovskite PVs manufacturability, scaling, durability, and chemical safety. The team will develop highly efficient, durable, and lead-safe perovskite solar PV modules using HPTs slot-die coating manufacturing process.
HPT, acting as principle investigator, will collaborate with the U.S. Army Engineer Research and Development Center, Construction Engineering Research Laboratory, and University of North Carolina at Chapel Hill (UNC).
This isnt HPTs only award, though.
HPT will also serve as co-principle investigator and partner in two other DOE perovskite projects: a $1.5 million award to SLAC National Accelerator Laboratory and a $1.25 million award to UNC.
To be selected for one award is indeed an honor, but to be part of three separate awards is outstanding, Michael D. Irwin, chief technology officer for HPT, said in a statement. These awards further validate the quality of our research in making durable and efficient perovskite technology a commercial reality, and we are grateful to the DOE for their faith in our work.
With SLAC, HPT and the DOEs National Renewable Energy Laboratory will use advanced characterization tools to study perovskite, with the goal to enhance the efficiency and intrinsic stability of PV materials and devices.
With UNC, HPT and the DOEs National Renewable Energy Laboratory will study and develop efficient, stable formamidinium-cesium perovskite solar PV materials and devices.
Being selected for three awards clearly shows the great potential of HPT, Professor Jinsong Huang, a Louis D. Rubin Jr. Distinguished Professor at UNC, said in a statement. The joint awards with HPT will help us to work together to solve the upscaling and stability issues of perovskite solar cells and transfer the university innovations into industrial products.
Matt Tranchinalong with EarthX founder Trammell S. Crow and smart tech platform GridMarketis helping island communities navigate climate change with options for local, affordable energy.
Dallas-based HEN Infrastructure, newly launched by Hunt Energy Network and Manulife Investment Management, will supply ERCOT with some 500MWs of distributed energy across the state. It's timely, given the recent winter freeze, but the deal has been in the works for years. That's because Hunt Energy Network CEO Pat Wood and his team see batteries as the wave of the future"and the future is coming a little faster than we thought."
eCarra and O3 Energy have started a partnership dedicated to bringing environmentally conscious practices to Dallas and the country. Together, the two companies are creating sustainable clean energy solutionslike solar parking lots.
For local early education teachers and students, Dallas-based Atmos is funding around 78,000 one-year subscriptions to Vooks, a first-of-its-kind animated storybook streaming platform.
The Texas indoor farm would be the startup's third climate-controlled, solar-powered facility that grows produce sustainably and locally. CEO Mark Schulze says Revol's high-tech greenhouses will make it the largest producer of indoor lettuce by the end of 2021.
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FreeWheel Releases Next Generation, Cross-Platform Addressable Technology to Unify Linear TV and Digital Video Advertising – Business Wire
Posted: at 6:42 am
NEW YORK--(BUSINESS WIRE)--Today, FreeWheel, a Comcast Company, announced a significant milestone in digital and linear TV convergence: the rollout of a new technology that allows sellers to deliver video advertising, using aggregated and de-identified data, on an addressable basis across platforms from a central decisioning platform. Through this solution, a single linear TV advertising avail can be utilized by different advertisers, a form of advertising known as audience addressable. The technology is currently being piloted by Comcast and Charter Communications to enable cross-platform, deduplicated addressable advertising.
FreeWheels audience addressable technology is an important innovation for both FreeWheel and the industry as a whole. This release marks the first time a company has been able to offer true, multiplatform, addressable audience targeting across all screens, including linear TV, using FreeWheel technology.
At FreeWheel, were dedicated to making the TV buying process simpler, and in many cases, that means making it more like buying digital, said Dave Clark, General Manager, FreeWheel. This is a true addressable linear solution that makes TV advertising more targetable and more measurable, while simultaneously opening up the scale of available addressable impressions. This capability will change the way both sellers and buyers approach integrated TV and video advertising.
FreeWheels new technology allows advertisers to execute audience-level addressable targeting on a traditional linear (QAM) set-top box using real-time ad decisioning and consistent with privacy obligations, opening up a broader range of available impressions. Previously, addressable TV campaigns would only use a portion of targeted impressions from a given ad avail; the remainder would generally be used for promotional spots, PSAs, or direct response advertising. Or, in some cases, if the unused impressions fit the desired criteria, they could be scheduled for another advertiser. With this new audience addressable solution, the addressable campaign is executed from one platform with a single unified decisioning engineFreeWheels MRM platformthat can make the most informed ad decision for an advertisers business, taking into account yield and business rules.
This new solution delivers addressable, cross-platform campaigns on both digital and linear screens, fulfilling true video unification, said David Kline, Executive Vice President at Charter Communications, and President of Spectrum Reach. Its what TV buyers and sellers alike have been striving for over the past several years, and now its here.
For inventory owners like Comcast and Charter, FreeWheels addressable technology provides the ability to deliver deduplicated reach to advertisers and opens up additional impressions for possible use in other addressable campaigns, a benefit when targeting specific audience segments. For advertisers, this improves their ability to reach more customized audiences and measure overall performance results for their cross-platform TV and video campaigns.
This solution will enhance our ability to deliver target audiences in a more unified fashion across linear and streaming TV, said James Rooke, General Manager, Effectv. We know that addressability is an important tactic in terms of being able to deliver more efficient incremental reach and improved overall campaign performance. We look forward to now scaling this capability as part of our broader focus on deploying audience-based, multi-screen marketing solutions for our clients.
While Comcast and Charter are the first inventory owners to offer this technology to their buyers, it will be available to other MVPDs later this year.
About FreeWheelFreeWheel, A Comcast Company, empowers all segments of The New TV Ecosystem. We are structured to provide the full breadth of solutions the advertising industry needs to achieve their goals. We provide the technology, data enablement, and convergent marketplaces required to ensure buyers and sellers can transact across all screens, across all data types, and all sales channels, in order to ensure the ultimate goal results for marketers.
With offices in New York, San Francisco, Chicago, London, Paris, Beijing, and across the globe, FreeWheel, A Comcast Company, stands to advocate for the entire industry through the FreeWheel Council for Premium Video. For more information, please visit freewheel.com, and follow us on Twitter and LinkedIn.
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Pure Biologics Selects Twist Bioscience to Expand Phage Display Technology Capabilities – Business Wire
Posted: at 6:42 am
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced a partnership with Pure Biologics to accelerate the discovery of immuno-oncology antibody-based drugs.
Twists unique technological approaches and abilities allow for the rapid generation of diverse synthetic libraries with novel and recent data-based randomization schemes. Combined with our immuno-oncology pipeline and scientific background in the field of therapeutic bispecific antibodies and antibodies bearing protein fusions, we expect this partnership to accelerate our discovery pipeline and build a base for research expansion in the future, said Filip Jelen, Ph.D., CEO of Pure Biologics SA.
Under the terms of the agreement, Twist Biopharma, a division of Twist Bioscience, will grant Pure Biologics access to select synthetic antibody phage display libraries derived only from sequences that exist in the human body and further optimized by leveraging state-of-the-art approaches, including artificial intelligence and big data analytics. Certain libraries among the portfolio are deliberately tailored to match chosen classes of biological targets as well as to enhance bispecific antibody forming capabilities. Together, the companies will work to discover, validate and optimize new antibody candidates against targets useful for immuno-oncology applications. Pure Biologics will pay Twist annual technology access fees in addition to future payments for preclinical, clinical and commercial achievement for any antibodies resulting from the collaboration.
We look forward to augmenting Pure Biologics immuno-oncology pipeline with first-in-class bispecific antibodies identified and designed using our robust discovery and optimization engine, commented Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. Highly selective, potent bispecific antibodies that bind to multiple targets have the potential to change the way cancer is treated in the future.
About Pure Biologics
Pure Biologics SA (WSE (PL): PUR) is an emerging biopharmaceutical company focused on the biological drug and non-systemic therapies discovery and development. We operate in the areas of immuno-oncology and rare neurological diseases, conducting research for the selection and development of active molecules antibodies and aptamers.
About Twist Biopharma
By leveraging our unique ability to manufacture DNA at scale, we can construct proprietary antibody libraries precisely designed to match sequences that occur in the human body. This library of libraries gives our partners an integral and unbiased resource for antibody therapeutic discovery and optimization. This precise and rational approach to library fabrication combined with sophisticated bioinformatics and software expertise expedites antibody discovery by decreasing risk, increasing speed, and lowering the failure rate for antibody therapeutic development.
About Twist Bioscience Corporation
Twist Bioscience is a leading and rapidly growing synthetic biology and genomics company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by writing DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research.
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Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts contained herein, including without limitation, the ability for the partnership to accelerate the discovery of immuno-oncology antibody-based drugs, to accelerate Pure Biologics discovery pipeline and build a base for research expansion, to validate and optimize new antibody candidates against targets useful for immuno-oncology applications and to augment Pure Biologics immuno-oncology pipeline, are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Twist Biosciences actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the risks and uncertainties of the ability to attract new customers and retain and grow sales from existing customers; risks and uncertainties of rapidly changing technologies and extensive competition in synthetic biology could make the products Twist Bioscience is developing obsolete or non-competitive; uncertainties of the retention of a significant customer; risks of third party claims alleging infringement of patents and proprietary rights or seeking to invalidate Twist Biosciences patents or proprietary rights; and the risk that Twist Biosciences proprietary rights may be insufficient to protect its technologies. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Twist Biosciences business in general, see Twist Biosciences risk factors set forth in Twist Biosciences Quarterly Report Form 10-Q filed with the Securities and Exchange Commission on February 9, 2021 and subsequent filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Twist Bioscience specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise.
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Dreame Technology Awarded as the Fastest Growing Brand by AliExpress – Yahoo Finance
Posted: at 6:42 am
GUANGZHOU, China, April 14, 2021 /PRNewswire/ -- Dreame Technology, the leading innovative company in smart home cleaning appliances, has been awarded as the Fastest Growing Brand of 2020 at 2021 AliExpress Merchant Annual Summit. By virtue of their outstanding product quality and intelligent user experiences in home cleaning, Dreame cordless stick vacuum T20, V11, V10 have been ranked as the top sellers on AliExpress.
Dreame TechnologyAward Winner of the Fastest Growing Brand of 2020 on AliExpress
Since joining AliExpress in 2018, Dreame Technology has expanded its worldwide market rapidly, covering key countries such as the US, France, Poland, Germany, Russia, Spain, Italy, Holland, Korea and Japan. Starting from 2020, sales volume of Dreame cordless stick vacuum has achieved the TOP 1 in AliExpress French market and successfully become one of the best new brands in Europe. When the COVID-19 pandemic impacted the global economy in 2020, Dreame still performed well among AliExpress global market with more than $14 million of sales value, 4 times higher than the previous year. During the 2020 AliExpress Black Friday, Dreame official store ranked the highest sales value within the home cleaning appliance category.
Dreame Technology always attaches great importance on product innovation and user experience. Through in-depth market research and analysis, Dreame's R&D team realizes that robot vacuum users have strong demand for advanced obstacle avoidance. Under such circumstance, Dreame Technology is going to launch its new product Dreame Bot L10 Pro robot vacuum and mop to provide smart home cleaning solutions on AliExpress platform in May.
The innovative HIGH PRECISION 3D obstacle avoidance system adopted by Dreame Bot L10 Pro can scan the surroundings in real time, help the machine recognize and avoid obstacles quickly and accurately. The dual-laser LiDAR technology and the new SLAM (Simultaneous localization and mapping) algorithm enables L10 Pro to reconstruct 3D mapping and optimize the cleaning route and avoid bumping.
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"We're honored to receive the Fastest Growing Brand Award by AliExpress. It motivates us to make breakthroughs and put users on top of our mind. Dreame Technology aims to develop the world-class products in smart home cleaning appliances," said Frank Wang, International Marketing Director of Dreame Technology.
Both empowered with groundbreaking 150K RPM high-speed motors to ensure powerful and deep cleaning, Dreame cordless stick vacuum T30 and V12 can generate up to 185AW and 190AW suction power separately. This unparalleled power means Dreame cordless stick vacuum T30 and V12 can remove deep-seated dust and debris more thoroughly than any other cleaners in the market.
Dreame Technology is expected to introduce Dreame Bot L10 Pro, Dreame cordless vacuum cleaner V12 and T30 on Amazon and AliExpress in May and June this year.
About Dreame Technology
Established in 2015, Dreame Technology, an innovative consumer product company focuses on smart home cleaning appliances with the vision to empower life through technology.
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For more information, please visit https://www.dreame-technology.com.
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Cobwebs Technologies WEBINT Platform Enables Enterprises to Obtain Open-Source Intelligence to Enhance Their Risk Detection and Strengthen Their…
Posted: at 6:42 am
NEW YORK, April 15, 2021 /PRNewswire/ --Cobwebs Technologies Ltd.announced today that several enterprises have deployed its AI-powered WEBINT platform for their cyber attribution and assets protection.
Enterprises need to protect their digital assets, such as business processes, their proprietary applications, Intellectual property, and online products and services. They need to get valuable, intelligent takeaways for optimal asset security in order to minimize risk and protect their business. This entails assessing the security of corporate digital assets, which requires an open-source intelligence tool for situational awareness in real-time. CobwebsAI-powered WEBINT platformmonitors the surface, deep, and dark web to extract and analyze relevant data to amplify corporate intelligence and security policies.
Once digital assets are breached or stolen, cyber attribution is needed to preserve open-source intelligence data extracted from all layers of the web for evidence. As a critical part of effective online investigations, investigators deploy cyber attribution to collect data and gather evidence, recover deleted files, and access open-source data on all layers of the internet. By adding digital or cyber forensics to an investigation, a combination of best-practice techniques and technology is achieved.
"Our leading web intelligence platformautomatically extracts targeted critical insights from big data with advanced and powerful AI machine-learning algorithms. Designed to meticulously race through and scan endless digital channels of the web, our solution analyzes huge amounts of data to help enterprises to protect precious assets,"stated Shay Attias, Founder & CTO of Cobwebs Technologies. "In addition to gathering information, our WEBINT platform has the capability of analyzing content from OSINT websites, such as various social media platforms. The platform utilizes highly sophisticated algorithms in order to identify information on message boards and social media platforms in various languages. It uses social analytics features to gain social media insights, draw conclusions, and provide information that can be used proactively to prevent theft of digital assets before such takes place. Moreover, the platform presents data in readable forms such as graphs or generate alerts when relevant information crops up to enable faster response times in time-sensitive investigations as well as cases that rely on digital intelligence."
A growing number of enterprises use Cobwebs AI-powered web intelligence platform for detecting, analyzing, and monitoring threats and risks aimed at their assets and operations. The platform's predictive analytics and machine-learning algorithms that collect and analyze big data, enable SOC engineers and analysts to take preemptive measures based on full awareness of the threat landscape relevant to their assets. More specifically, enterprises use the aggregated and analyzed OSINT pertaining to threats, risks, and incidents related to their organization and assets. This allows them to get in-depth insights and reports with topic, location, and demographic for smarter, data-driven decisions.
In general, automated threat intelligence technology, such as the WEBINT platform of Cobwebs, can search for and reveal anonymous threat actor details by intricately zoning in on an enterprise's brand and business performance, followed by analyzing objectives, groups, and locations. This also allows enterprises to gain simplified detection of data breaches via monitoring of darknet marketplaces for stolen data. Moreover, the enterprise will be able to monitor its situational awareness on the open, deep, and dark web with AI-powered data collection using robust technology in real-time. Since such an open-source intelligence tool also employs Natural Language Processing (NLP) algorithms, the enterprise will be able to get insight into the sentiments and context in multiple languages.
To learn more, visit http://www.cobwebs.comor contact us at: [emailprotected]
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NetCents Technology Recruits Executive with 25 Years of Experience and Leadership in Merchant Acquiring, Card Issuing, and B2B Payments – Yahoo…
Posted: at 6:42 am
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2021) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) ("NetCents" or the "Company"), a cryptocurrency payments company, is pleased to announce the addition of Marcie Verdin as Executive Vice President, Card and Solutions Development.
"The opportunity to work with NetCents to lead the market in merchant processing and cryptocurrency wallet issuing is nothing short of my career dream come true," stated Marcie Verdin, EVP, Card Solutions and Product Sales at NetCents Technology. "But more importantly, my ability to help NetCents create a new economy benefitting merchants, consumers, financial institutions, and fintech partners is what sold me. Building sustainable value propositions that drive frictionless commerce and enable companies and consumers to thrive in next-generation ecosystems has been my passion. NetCents is truly setting the course for the future of commerce."
As the Company continues its rapid growth and international expansion, the executive team has similarly evolved to meet growing customer demand and optimize internal operations. Marcie will be focused on accelerating the Company's growth and scale to service customer needs globally and lead and expand new product development.
"We continue to be laser focused on streamlining and enhancing the merchant and user experience to continue to drive mass adoption of cryptocurrency as a payment method and build our team to be able to meet our mission," stated Clayton Moore, Founder & CEO of NetCents Technology. "The addition of Marcie, with her decades of experience in next-generation payment solutions, card issuance, and merchant acquiring, brings invaluable experience to the NetCents executive team as we continue to grow at triple digit pace in 2021. I'm looking forward to working with Marcie to deliver on the many innovations the team has in progress, her unique combination of payment leadership and forward-looking business acumen is exactly what NetCents needs at this stage of our journey."
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Marcie brings over 25 years of payments, internet security, and strategic consulting experience to her new role. Marcie recently served as the Head of Enterprise Portfolio Management FIS, where she drove massive organizational change initiatives. FIS is a financial technology services provider providing the top financial services firms globally solutions underpinning $9 trillion in annual transaction value - supporting the majority of the leading Private Equity, Bank and Insurance Companies worldwide. In her role at FIS, Marcie managed a portfolio which included $600M in annual spending supporting 300+ project managers driving $8B in revenue. During her six-year tenure at FIS, she also served as Head of Core Processing Products for Merchants and Financial Institutions. She led the development of next-generation payments solutions like card controls and instant account issuance for issuers and the deployment of NFC terminals for merchants.
Prior to FIS, Marcie held senior leadership positions at Mastercard, including Senior Vice President and Group Head Global Product, developing and delivering global commercial card business plan resulting in market share gain and position from number 3 to 2, delivering 30% year-over-year change in volume growth. Marcie had previously worked at Visa and American Express, focused primarily on the global expansion of card-based B2B payments. Marcie also worked as a pioneer in internet security at Verisign, running its International Affiliate Program. Early in her career, she was a consultant for Accenture Consulting.
Marcie holds her Bachelor's degree in Marketing from Loyola University, New Orleans. When she is not driving payments innovation, she can be found on stage or on the soccer field volunteering her time and talents to impact the community.
About NetCents
NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.
For more information, please visit the corporate website at http://www.net-cents.com or contact Investor Relations: investor@net-cents.com.
On Behalf of the Board of Directors
NetCents Technology Inc.
"Clayton Moore"Clayton Moore, CEO, Founder and DirectorNetCents Technology Inc.1000 - 1021 West Hastings StreetVancouver, BC, V6E 0C3
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80469
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Techlash continues to batter technology sector – Brookings Institution
Posted: April 2, 2021 at 10:41 am
In our Brookings Press book, Turning Point: Policymaking in the Era of Artificial Intelligence published last year, John Allen and I note the backlash against technology that has reduced public support for many things digital. As an illustration, Pew Research Center surveys show people are worried about privacy intrusions, cybersecurity risks, and misinformation campaigns. Many individuals think the pace of technological change is advancing too rapidly and it is hard to distinguish fake from actual phenomena.
Now a new Edelman Trust Barometer poll shows how much more widely this techlash has spread. In the United States, trust in the technology sector has fallen from 78% in 2012 to 57% in 2021. Globally, tech sector trust has dropped from 77% to 68% during that time. In less than a decade, according to that firm, the public has grown far more suspicious about misinformation, personal privacy, 5G networks, and AI bias, among other things.
The decline of public trust in the technology sector has profound consequences for how people view digitization and options for government oversight and regulation. The precipitous drop over the past year is noteworthy because of the crucial role technology has played in the pandemic response. Due to COVID-19, people have shifted to online learning, telemedicine, remote work, and e-commerce.
In this situation of widespread technology utilization to cope with the social distancing requirements of the pandemic, one might imagine the public would see the benefits produced in at least some of these areas would outweigh the costs and the risks. COVID-19 forced what otherwise might have been five years of digital change into five weeks. Nearly everyone has grown quite dependent on technology to work, learn, and communicate. That should have boosted public confidence in technology.
Yet the loss of trust suggests many are not happy with the role technology plays in their pandemic lives and feel there are many problems that need to be addressed. Although digital connections helped them work remotely, a number are suffering from Zoom fatigue, misinformation, privacy loss, and social isolation. A significant percentage seems to feel that tech risks outweigh benefits.
In addition, widely reported problems with online learning platforms have frustrated students, parents, teachers, and administrators. Rather than boosting confidence, these issues have eroded public trust. Although technology enables some types of learning, some experts have concluded students learned far less from online platforms than what would have been the case with in-person classrooms.
If public opinion continues to trend in negative directions for the technology sector, both in the United States and around the world, it likely will broaden support for government actions that regulate technology, raise taxes, ban certain applications, and limit product rollouts seen as detrimental to humanity. A lack of public confidence will encourage political leaders to take tough regulatory actions and limit the freedom private companies have had for decades to develop new products, bring them to the marketplace, and engage in international commerce.
Already, we are seeing some signs of these tendencies. For example, some American government authorities have beefed up their enforcement actions and regulatory oversight. At the national level, the Federal Trade Commission and the Department of Justice have launched investigations into the competitive practices of leading companies. A number of firms are expecting antitrust enforcement to move into other sectors as well as many businesses are compiling data and making use of automation and digitalization.
Locally, there have been bans or moratoriums placed on facial recognition software usage by law enforcement, limits on Airbnb rentals, and restrictions on the gig economy. Rather than being seen as a positive force for economic and social development, local officials see possible AI-based biases, harms to legacy firms, and unfairness in the way workers get classified as independent contractors. People want policies that are friendlier to workers and more protective of basic human values. The public opinion developments documented this year by major polling firms signal a choppy and volatile environment ahead for technology firms.
It is not clear what tech leaders can do to overcome this mistrust. In a politicized and polarized environment, there have been drops in public support for many entities. And in the case of technology, people especially dont trust messengers that have the political and economic muscle of large internet platforms. But improving transparency regarding how algorithms work, taking public concerns seriously, and working with policymakers on guardrails that protect human values likely would strengthen public support for the sector. Making sure technology works for people is one of the most important things tech executives can do going forward.
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Techlash continues to batter technology sector - Brookings Institution
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