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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Given the startup’s agency model, most of that revenue is paid out directly to the firm’s agents, who netted about $3 billion in commissions in 2020. Compass posted a net loss of $270 million in 2020, a net loss roughly in line with what it has experienced in the past two years.

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Robinhood’s long weekend brings a total of $3.4 billion to its balance sheet

TechCrunch

billion to its balance sheet from shareholders, as first reported by the Wall Street Journal and then confirmed by the company. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Robinhood’s Q4 2020 revenue shows a return to growth.

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CloudSphere in the News

CloudSphere

Read More Holistic Approach Is Needed to Defend Firms from Cyberattacks August 28, 2022 | Digital Journal In this article from Digital Journal, CloudSphere shares insights on why a holistic approach is needed to defend firms from cyberattacks. Read More Flagstar Bank Data Breach: Where Next for Financial Cybersecurity?

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Finix goes head-to-head with Stripe

TechCrunch

The SaaS startup — which started out in early 2020 by selling its payments tech to other businesses — raised a $35 million Series B led by Sequoia. It also reportedly posted net revenue of about $2.5 If things weren’t turbulent enough, another startup has very publicly emerged as a formidable competitor to Stripe: Finix. Weekly News.

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Deep Learning and the Future of Artificial Intelligence

Altexsoft

Artificial neural nets pass information similarly: They do that through multiple interconnected layers consisting of neurons (nodes). In deep learning, the so-called depth typically refers to neural nets having more than three layers (they can have 100+ layers, just so you know.). Image source: Horse Journals.

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News in Networking: The Best Network Speeds, Cuba’s DIY Internet, and the Cost of Automation

Kentik

Viacom Out of the Running for Scripps Networks (Wall Street Journal) Media conglomerate Viacom has bowed out of the bidding to buy Scripps Networks Interactive. The Wall Street Journal reports that leaves Discovery Communications as “the only remaining suitor in talks to purchase the cable TV programmer.”. “The

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Cybersecurity Snapshot: Insights on Supply Chain Security, Hiring, Budgets, K8s, Ransomware

Tenable

Cybersecurity Tops the CIO Agenda as Threats Continue to Escalate ” (Wall Street Journal). An escalation of software supply chain attacks, which accounted for 17% of intrusions in 2021, up from 1% in 2020. Cybersecurity budget breakdown and best practices ” (TechTarget). “ Increased traction for “hacker-as-a-service” providers.

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