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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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The need for true equity in equity compensation

TechCrunch

I began my career at Oracle in the mid-1980s and have since been around the proverbial block, particularly in Silicon Valley working for and with companies ranging from the Fortune 50 to global consulting companies to leading a number of startups, including the SaaS company I presently lead. Carine Schneider. Contributor. Share on Twitter.

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

TechCrunch

Surely that’s music to the ears of startups whose tech is designed to reduce cost spend. 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.

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Facebook’s big QAnon crackdown might have come too late

The Verge

Today in news that could affect public perception of the big tech platforms. While many tech workers supported more progressive candidates like Bernie Sanders and Elizabeth Warren, their bosses are relieved to have someone with closer ties to the valley. President Trump said he supports Oracle buying TikTok.

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

The Verge

Today in news that could affect public perception of the big tech platforms. Oracle’s deal with TikTok could be worth more than $1 billion in annual revenue for Oracle’s cloud business in the coming years. Oracle pushed Section 230 reform for years, in an effort to harm rivals like Amazon and Google.

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What ‘The Social Dilemma’ misunderstands about social networks

The Verge

Today in news that could affect public perception of the big tech platforms. That puts Facebook in the middle of the pack when it comes to climate commitments from Big Tech. 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?

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Why TikTok may not survive being sold

The Verge

America’s two hottest teen tech brands, Microsoft and Walmart, are teaming up for a bid. A deal with Oracle, the enterprise software company, would be more of a data play. Oracle could use TikTok’s data about social interactions to benefit its cloud, data and advertising businesses, the people said. Issie Lapowsky / Protocol ).

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