House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...Shoutlet, the makers of a social media management platform, raised $6 million. This was the Series B funding, led by American Family Insurance.
DiJiPOP, the creators of a on-demand marketing platform, geared towards shoppers, raised $1 million. This round was led by Bill Cesare, who was also the leader of the company’s initial investment round in late 2009.
Taulia, the makers of a dynamic discount platform, raised $3.2 million. The investors in this round include Matrix Partners and Trinity Ventures.
Tumblr was down for about half a day this weekend, due to what the company called a “major issue in one of its database clusters”.
Facebook profiles have been updated. The profiles now reveal even more personal information, such as where you're from, where you went to school, and where you work, recently tagged photos of you. Users can also highlight the friends that are important to them. At the same time Facebook has modified its policies to let businesses run promotions on Facebook without seeking our approval or permission.
comScore released data about U.S. online spending, for the period covering the first 33 days of the November and December. As it turns out that, to date, consumers have spent $16.8 billion online. This represents a 12 percent increase when compared to the same period last year.
Monetate, a site optimization tool, has raised $5.1 million from First Round Capital and Floodgate Fund. Monetate also announced that PETCO has joined list of consumer websites that use its tool.
AOL wants Yahoo, according to a report by Reuters. While this is not the first time we have heard of this interest, this time, the company claims to be in the "exploratory stage" of a potential deal.
Publishers Clearing House announced that it has acquired Funtank and Candystand.com. Funtank is a branded games developer and publisher, and Candystand.com is a casual gaming site. The terms of the deal were not disclosed.
Juniper Networks has acquired Altor Networks, a provider of virtualization security technology, for approximately $95 million in cash.
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...The artists wrote an open letter accusing OpenAI of misleading and using them
Read more...The role will not be filled by Elon Musk, though he will be involved in who is chosen
Read more...Startup/Business
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Taulia Inc. specializes in dynamic discounting and self-service vendor portals, which combined, improve supplier relations and generate significant value for AP departments and companies as a whole.
Headquartered in San Francisco, CA, Taulia Inc. brings to the table a deep understanding of buyer-supplier processes and leading SAP expertise. As a certified SAP Partner, we build solutions that fully exploit your SAP system’s potential, rather than bypassing SAP and creating redundant functionality. For more information, please visit www.taulia.com.
Startup/Business
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Shoutlet provides a centralized platform that helps companies manage and monetize their social media communication. It includes Facebook and Twitter management, Social CRM, widget building, email and mobile marketing, social commerce, and real-time analytics in one easy-to-use interface. The platform gives brands and agencies the tools to create, manage, and measure their entire social media communications. Companies using Shoutlet's platform are able to better design and implement highly targeted campaigns and ultimately improve the business impact of their social media communications.