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Unito Raises $20 Million for SaaS Data Sharing

Unauthorized data sharing is a challenge, but so is sharing data on purpose.  Unito eases data sharing between Software-as-a-Service systems with two-way synchronization technology.  They claim more than 50,000 users and just raised a $20 million Series B, bringing total funding to $33 million

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US Government to Publish Security Ratings for IoT Devices

October 27, 2022

No one needs reminding that cybersecurity is a problem , although consumers are still distressingly lax in protecting themselves. The U.S. government is trying to help by publishing security ratings for IoT devices,  which offer especially juicy targets. Private companies are also making progress with replacing passwords for corporate systems and Paypal just enabled passwordless access using Apple facial and touch recognition.

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PhonePe investing $200M in building data centres in India

October 27, 2022

Amid a surge in payments volume in the country, payments giant PhonePe said that it is on its way to invest up to $200 million in building data centres across the country. The company said the startup’s investments were primarily driven by the regulatory insistence on data localisation, among other factors. It was beneficial for the company to invest in captive data centres given the data localisation mandate from the regulators.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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