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Alation bags $123M at a $1.7B valuation for its data-cataloging software

TechCrunch

That’s why Satyen Sangani, a former Oracle VP, co-founded Redwood City–based Alation , a startup that helps crawl a company’s databases in order to build data search catalogs. And if a recent poll by Oracle is to be believed, 95% of people say they’re overwhelmed by the amount of data available to them in the workplace.

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Facebook’s big QAnon crackdown might have come too late

The Verge

A small group of employees penned an open letter demanding company leaders denounce “anti-Muslim bigotry” and ensure more policy consistency. President Trump said he supports Oracle buying TikTok. Oracle has closer ties to the White House than most other parties involved in the bidding, including Microsoft.

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Mark Zuckerberg on why he doesn’t want to “put an Apple Watch on your face”

The Verge

Facebook opened preorders for the Quest 2 today, and it’s launching the headset on October 13th in 22 countries. Oracle’s deal with TikTok could be worth more than $1 billion in annual revenue for Oracle’s cloud business in the coming years. Today in news that could affect public perception of the big tech platforms.

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What ‘The Social Dilemma’ misunderstands about social networks

The Verge

Instead, they twist and exploit the open internet’s positive ability to connect like-minded people. TikTok is set to become a standalone company as part of the Oracle deal. How did Oracle position itself to become TikTok’s trusted tech partner? Zhang opted for a sale of only a stake to Oracle, rather than an outright divestment.

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Cynicism suggests that the TikTok deal will go through

The Verge

Everyone agrees that Oracle and Walmart have bought a combined 20 percent of TikTok. Early Monday, Oracle issued a statement seeming to contradict that. Last week, I wrote that TikTok’s deal with Oracle was a bet that Trump would cave on concerns over China. On Sunday, everyone involved took a well deserved rest.

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How a fake “Real Oversight Board” is putting pressure on Facebook

The Verge

Another reader points out that Telepath’s attempt to enforce policies based on what a “reasonable person” would do creates its own opening for bias and discrimination. The move gives ByteDance more time to get approval from authorities in the US and China for a pending deal with Oracle and Walmart.

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Trump’s latest attack on Section 230 is really about censoring speech

The Verge

Recommendation algorithms are the core difference between the big tech platforms and the open web that they have largely supplanted, and the world has a vested interest in understanding how they work and what results from their suggestions. Oracle’s closeness with the Trump administration could prove helpful in its bid to buy TikTok.