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U.S. Companies Prioritize Cost Savings over Revenue Growth in Digital Transformation: Telstra Survey

June 15, 2020
Other industries haven’t been as severely disrupted as retail, so it makes sense that under two-thirds of senior business and IT executives from a broad range of industries told Telstra that COVID-19 had changed their organizations forever. Interesting regional disparities: 63% of European companies said they expect to close branches or reduce headquarters offices compared with just 40% of U.S. and North Asian respondents. And U.S. companies were more likely to than others to prioritize cost over revenue as their main digital transformation goal.
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Microsoft Joins Amazon and IBM in Limiting Facial Recognition Software

June 12, 2020
Microsoft today joined Amazon and IBM in limiting the privacy nightmare that is facial recognition software. IBM has left the business entirely, Amazon banned use by the police for one year, and Microsoft said they won’t sell for police use until a national regulation is in place. Yes, there’s some virtue signaling involved and there are plenty of other companies still in the business. But it’s a step in the right direction.
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Transcend Raises $25 Million to Respond to Data Access Requests

June 11, 2020
As you’re well aware, Dear Reader, consumers have increasing rights to find out what data companies have gathered about them from Neustar, Stirista, and other sources. One result is a growing list of vendors who help companies to find that data in their systems so they can share it when asked. You can add Transcend to that list: they have emerged from beta with a $25 million Series A, bringing total funding to $29 million.
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Zeotap Launches Universal ID Project

June 10, 2020
As marketers scramble for alternatives to tracking cookies, customer data vendor Zeotap has launched a universal identity initiative called ID+. Starting with Zeotap’s own global identity graph, the project will use hashed personal identifiers, such as email and phone numbers, to track individuals across ad channels without violating privacy rules. More than twenty organizations are supporting the program, which will also interoperate with other universal ID schemes.
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