data processing

Market research firm GlobalWebIndex takes first VC with $40M Series A

Market research firm GlobalWebIndex, which provides consumer insight data for marketing purposes for customers including Google, Spotify, WPP, IPG and Omnicom Group, has closed a $40 million Series A round. The funding is its first VC raise, almost a decade after the business was founded. The investment comes from New York-based growth fund Stripes Group, along with a number of other unnamed data, software and consumer technology companies. GWI says it will be used to accelerate product development and for international expansion, including in the U.S. and Asia.  The company is based in London but has recently opened offices in New York City and Los Angeles, as well as having technology hubs in locations across Europe. With the new funding it says it’s planning to open more international o...

Kaspersky to move some core infrastructure out of Russia to fight for trust

Russian cybersecurity software maker Kaspersky Labs has announced it will be moving core infrastructure processes to Zurich, Switzerland, as part of a shift announced last year to try to win back customer trust. It also said it’s arranging for the process to be independently supervised by a Switzerland-based third party qualified to conduct technical software reviews. “By the end of 2019, Kaspersky Lab will have established a data center in Zurich and in this facility will store and process all information for users in Europe, North America, Singapore, Australia, Japan and South Korea, with more countries to follow,” it writes in a press release. “Kaspersky Lab will relocate to Zurich its ‘software build conveyer’ — a set of programming tools used to assemble ready to use software out of s...

UK report urges action to combat AI bias

The need for diverse development teams and truly representational data-sets to avoid biases being baked into AI algorithms is one of the core recommendations in a lengthy Lords committee report looking into the economic, ethical and social implications of artificial intelligence, and published today by the upper House of the UK parliament. “The main ways to address these kinds of biases are to ensure that developers are drawn from diverse gender, ethnic and socio-economic backgrounds, and are aware of, and adhere to, ethical codes of conduct,” the committee writes, chiming with plenty of extant commentary around algorithmic accountability. “It is essential that ethics take centre stage in AI’s development and use,” adds committee chairman, Lord Clement-Jones, in a statement. “The UK has a ...