Speech recognition startup Deepgram raises $12 million in funding
Founded in 2015, the San Francisco-based speech recognition startup Deepgram has successfully raised 12 million USD in capital from Nvidia, Wing VC, Y Combinator and SAP in its Series A funding round, with Nvidia's Jeff Herbst calling Deepgram the best speech recognition company in the world. Deepgram utilizes deep learning to build a much more accurate speech recognition tool that can effectively manage real-time text input.
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New Mac malware infects and spreads via Xcode projects
A number of Xcode projects have been found to contain malware that can attack Safari and other browsers, security researchers have revealed, with the discovery of XCSSET malware making its way into Mac software projects through largely unknown means. It is unclear exactly how the code is being injected into the project at this time.
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Alexa hack granted attackers access to an Echo user's smart home network
A number of vulnerabilities have been revealed in Amazon's Alexa, highlighting the need for providers of smart home platforms, such as Apple's HomeKit, to maintain security as part of the service. It could even be possible for an attacker to install a skill to eavesdrop into conversations near an Echo device.
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Intel confirms acquisition of Moovit in a $900 million deal
American multinational corporation and technology company Intel confirmed today that the company is acquiring an Israeli transportation and mobility startup Moovit in order to grow its automotive division. Moovit analyses urban traffic patterns and provides transportation recommendations with a specific focus on public transit. Intel is paying around $840 million for the startup
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Techcrunch
A Blockchain startup that helps you identify the farmer who grew your coffee
Emurgo, a blockchain technology-based startup collaborated with Indonesian coffee chain Blue Korintji Coffee to help their paying customers identify the farmer who grew their coffee, the company that roasted the beans and even the logistics involved. The main purpose of this technology is to build trust through transparent supply chains. Customers just need to scan a barcode at the coffee shop to track the supply chain
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Nikkei