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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. Alation’s platform organizes data across disparate systems. “The most successful data intelligence platforms will be adopted by everyone.

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Cast AI raises $20M to help companies reduce cloud spend

TechCrunch

Founded by Yuri Frayman, Leon Kuperman and Laurent Gil in 2019, Cast AI — powered by AI, as the name implies — analyzes a company’s cloud usage to attempt to find the optimal cost-performance ratio. But he did say that Cast’s quarter-by-quarter revenue has grown by over 220% since the platform launched.

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What ‘The Social Dilemma’ misunderstands about social networks

The Verge

As Alexis Madrigal notes , condemning the platforms together comes “uncomfortably close to admitting that mobile communications pose fundamental challenges to societies across the world.” If you’re going to argue that social platforms are uniquely responsible for the fraying of society, you have to show your work.

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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

Here’s Olivia Solon at NBC News : A group of about 25 experts from academia, civil rights, politics and journalism announced Friday that they have formed a group to analyze and critique Facebook’s content moderation decisions, policies and other platform issues in the run-up to the presidential election and beyond. Sara Fischer / Axios ).

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Platforms successfully stopped a lame COVID conspiracy video from going viral

The Verge

One of the more hopeful developments at tech platforms this year has been their investment in removing misinformation related to the COVID-19 pandemic. A piece of anti-vaccination agitprop catchily titled “Plandemic” racked up millions of views before it was spotted and taken down by the platforms in May.

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

The Verge

The event, which was previously called Oculus Connect, gives the company an annual opportunity to discuss the latest advances in next-generation computing platforms. But a summer of escalated tensions with Apple have helped to make the case: if you want to control your own destiny, you have to own your platform.

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