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IOTA Partners with Microsoft

 1 min read / 

The Story

The IOTA Foundation, which is striving to monetise data collected by internet-equipped devices, has set up a data marketplace. Data from an Apple Watch could be valuable to tech-savvy companies trying to identify consumer patterns.

Why It Matters

The marketplace will allow users to sell their data for a fee while retaining anonymity. Partnering with Microsoft, Cisco, Volkswagen and over 20 other market leaders, the Foundation hopes to give rise to the next generation of data-driven technology.

What to Look Out For


The Internet-of-Things industry is forecasted to reach a total value of $267bn by 2020. As more internet-ready devices hit the market the supply of raw data will expand hugely. If data-savvy innovators can make use of this data, we could see fundamental changes to smart technology.

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ExxonMobil under Shareholder Pressure

ExxonMobil Shareholder

The world’s largest oil group has agreed to publish the impact of climate policies on its bottom line.

In recent years, shareholders of the world’s largest oil and gas conglomerates have been pushing companies to publish analysis of the threat they face from climate change and the threat of green policies. In a regulatory filing, Exxon announced that it would change how it reports its results to include a paper on how climate policies are hurting its business. The proposal was backed by around 60% of Exxon’s shareholders back in May, which was led by the New York state employees’ retirement fund. The move follows Exxon’s gradual shift towards addressing climate change; in the 90s, the group campaigned against the Kyoto protocol but has since committed to reducing emissions.

Keep reading |  1 min read


DeepMind Allays Musk’s Fears

DeepMind Musk

The Alphabet-owned startup has developed AI software that can detect if other algorithms are cheating or being excessively risky.

DeepMind has put AI software through a series of games that assess whether algorithms can learn to cheat. The safety tests coincide with many tech leaders, such as Elon Musk, calling for greater oversight of AI technology and more research into any potentially adverse unintended consequences of its application. DeepMind is at the forefront of AI development and has built algorithms that can beat world-class board game players after just a few hours of learning a game. The latest safety tests suggest that DeepMind is taking fears seriously as it moves towards building general purpose AI.

Keep reading |  1 min read


Apple Buys Shazam

Apple Shazam

Apple has agreed to purchase Shazam, an app that identifies songs.

Shazam has been used for years by people who want to identify songs that they hear in various bars, parties and clubs. Now, it has been bought by Apple for around $400m. However, this is not the news that many investors in the 18-year-old UK-based company, such as VC firm Kleiner Perkins, wanted to hear since Shazam was valued at $1bn during its 2015 funding round. However, others in the VC world have pointed out that valuations are often nothing more than sales gimmicks and that a company is only a unicorn once it has actually been sold for more than $1bn.

Keep reading |  1 min read