October 29, 2018

IBM Buys Red Hat for $34 Billion

IBM Buys Red Hat for $34 Billion

IBM

IBM is buying open source technology vendor Red Hat in a deal valued around $34 billion. IBM’s announcement crows this “changes everything about the cloud market”.  But it also says Red Hat will operate as a separate unit, so it's not clear how. Probably more relevant: Red Hat is growing and IBM is not.

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DataRobot Raises $100 Million Series D

DataRobot

$100 million usually seems like a lot of money although maybe not today. In any case, it’s what automated machine learning vendor DataRobot raised in its Series D last week, bringing total funding to $225 million. The point being, marketers should realize there’s plenty of AI technology outside of their own little valley.

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Connected Thermometer Company Sells (Aggregated) Customer Data: NY Times

The New York Time

Let’s go in a different direction: this New York Times report that Internet-connected thermometer start-up Kinsa sold customer data to Clorox, which used it to target disinfectant advertising at areas with high fever rates. The data was aggregated to the Zip code level, so it’s hard to see this as a privacy violation. But it’s easy to see it as anti-tech sensationalism.

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