Points of View

Many multi-billion-dollar companies have been built by providing tools to make software development easier and more productive. Venture capitalists like to refer to businesses like these as “pick and shovel” opportunities, a reference to Mark Twain's famous line: “When everyone is looking for gold, it's a good time to be in the pick and shovel business.”
There has been increased hand-wringing across the AI community in recent months about the limitations of deep learning.

The law touches every corner of the business world. Virtually everything that companies do—sales, purchases, partnerships, mergers, reorganizations—they do via legally enforceable contracts. Innovation would grind to a halt without a well-developed body of intellectual property law. Day to day, whether we recognize it or not, each of us operates against the backdrop of our legal regime and the implicit possibility of litigation.

A schism lies at the heart of the field of artificial intelligence. Since its inception, the field has been defined by an intellectual tug-of-war between two opposing philosophies: connectionism and symbolism. These two camps have deeply divergent visions as to how to "solve" intelligence, with differing research agendas and sometimes bitter relations.

No asset is more prized in today's digital economy than data. It has become widespread to the point of cliche to refer to data as "the new oil." As one recent Economist headline put it, data is "the world's most valuable resource."

Johnson & Johnson has announced the acquisition of Auris Health for up to $5.75 billion consisting of approximately $3.4 billion in cash plus additional contingent payments of up to $2.35 billion upon reaching certain predetermined milestones.

News & Press

BusinessWire
ExaGrid Voted "Backup Storage Innovation of the Year"
PR Newswire
Aon to acquire CoverWallet, the leading digital insurance platform for small and medium-sized businesses
BusinessWire
Rent the Runway and Nordstrom Expand Partnership to Help Shape the Future of Retail
TECHCRUNCH
LA-based Scopely raises $200M to expand portfolio through acquisitions and investments
AIRDRIE TODAY
Rogers to launch delivery and mobile phone setup service to Toronto area
CITY BIZ LIST
Highland Capital Partners Joins $5M Funding for Remote Year
IWCE
RapidSOS CEO outlines plans to integrate smart-grid, smart-city data into public-safety platform
Mastercard
Mastercard Acquires SessionM to Broaden its Merchant Loyalty & Marketing Services
BusinessWire
Highland Capital Partners Expands Team and Adds Two New Office Locations
CISION PR NEWSWIRE
Google and RapidSOS Now Provide Emergency Location for 911 Calls Nationwide
Cision PR Newswire
RapidSOS Closes $55M Series B to Advance Emergency Response Globally
MobiHealthNews
Emergency response service RapidSOS snags additional $25M
BusinessWire
Qumulo Again Named a Leader in Gartner Magic Quadrant for Distributed File Systems and Object Storage
HP
HP Inc. Announces Acquisition of Bromium
YAHOO FINANCE
For the fourth consecutive year, Turbonomic has been named to the Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures
TECH CRUNCH
VMware today announced that it is acquiring Carbon Black, a publicly traded security company that focuses on securing modern cloud-native workloads. The price of the acquisition is about $2.1 billion
YAHOO FINANCE
Turbonomic, the leader in Application Resource Management (ARM), today announced its fourth appearance on the Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies
FORBES
ThredUp announced today, is a new platform called Resale-As-A-Service that will allow retailers to partner with the company, offering three options: an in-store pop-up, online collaboration or a loyalty program