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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Yelp) and then automatically responds to those reviews. ” Khoury has a colorful background.

Marketing 234
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How African CIOs can serve as agents of adoption for digital currencies

CIO

Despite an evolving internet penetration rate of 47% in 2020, according to Internet World statistics, the social use of ICTs remains the main cause of digital illiteracy in Africa. This educational gap is also driven by some companies exploiting the system, perpetuating a lack of inaccurate information and confidence of populations.

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Alphabet makes cuts, Twitter bans third-party clients, and Netflix’s Reed Hastings steps down

TechCrunch

While our fearless Week in Review leader Greg enjoys parental leave, I’m filling in, curating the latest on the tech news front. Devin reports that the company will pay $350 million to be split up by customers and lawyers, plus $150 million “for data security and related technology.” Howdy, folks! Happy Friday.

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Panorama raises $60M in General Atlantic-led Series C to help schools better understand students

TechCrunch

Existing backers Owl Ventures, Emerson Collective, Uncork Capital, the Chan Zuckerberg Initiative and Tao Capital Partners also participated in the financing, which brings the Boston-based company’s total raised since its 2012 inception to $105 million. When we looked at the U.S.

Education 268
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6 Oslo VCs discuss 2021 trends, deal flow and regional opportunities

TechCrunch

The country makes far too much money from oil, giving it one of the world’s largest sovereign wealth funds and a large system of socialized support. Not a bad thing, but as a result, there are few “hungry” tech entrepreneurs. Norway does video tech well. Strong B2B, weak B2C, lots of SDG focus.

Trends 287
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Rising Tide Rents and Robber Baron Rents

O'Reilly Media - Ideas

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Then the cycle begins again with a new class of competitors, who are forced to explore new, disruptive technologies that reset the entire market.

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Microsoft’s October 2023 Patch Tuesday Addresses 103 CVEs (CVE-2023-36563, CVE-2023-41763)

Tenable

An unauthenticated, remote attacker could exploit this vulnerability using social engineering in order to convince a target to open a link or download a malicious file and run it on the vulnerable system. Successful exploitation could lead to the disclosure of New Technology LAN Manager (NTLM) hashes. and rated critical.

Windows 115