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Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO

IT Toolbox

Almost a year after Reddit made difficult changes to monetize its data at the expense of losing some important users, the company reportedly secured a $60 million deal. Content licensing deal for AI training is thus the new business model on the block.

Licensing 254
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Data linked to professional licenses may be affected by potential Washington state breach

GeekWire

Professionals attempting to renew their license in Washington state are redirected to information on a possible security breach. The data of professionals licensed with Washington state may have been compromised, according to the agency that issues such licenses. 24, according to a statement released last week.

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3.5 million licenses and IDs in jeopardy after the Oregon DMV data breach

Dataconomy

million driver’s license and identity card details were exposed when the organization was hacked two weeks ago, the Oregon Driver and Motor Vehicle Services stated on Thursday. The Oregon DMV data breach might be dangerous for many as they have lost their personal information to possible bad actors. An estimated 3.5

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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

All Posts The US National Aeronautics and Space Administration (NASA) has overspent about $15 million on Oracle software over the past five years because it lacked a centralized software asset management practice, according to an audit report published by the space agency’s office of the inspector general (OIG).

Licensing 122
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AI Weekly: TikTok’s algorithm licensing signals China’s play for AI dominance

Venture Beast

Join AI & data leaders at Transform 2021 on July 12th for the AI/ML Automation Technology Summit. This week, TikTok parent company ByteDance began licensing parts of its AI technologies to third parties through a new division called BytePlus. Register today.

Licensing 133
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T-Mobile investigating report of customer data breach that reportedly involves 100 million people

The Verge

T Mobile may have suffered a customer data breach | Illustration by Alex Castro / The Verge. T-Mobile confirmed Sunday that it’s looking into an online forum post that claims to be selling a large trove of its customers’ sensitive data. After reviewing samples of the data, Motherboard reported it appeared authentic. “We

Mobile 97
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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

That may change as telecommunications companies such as Airtel and MTN jump into the mobile money market, after recently receiving licenses to do so. It was only late last year that Nigeria’s Central Bank (CBN), gave the green light for telcos to acquire mobile money licenses. Mobile money is not entirely new to Nigeria.

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