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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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The $5B Midterm Elections And The Big Costs Of Big Data

PYMNTS

But when the news broke that the Big Data consulting firm had allegedly illegally harvested the data of 87 million Facebook users to build custom voter profiles that they claimed had helped the Trump team notch the win in the 2016 presidential election, many Americans suddenly took a great deal of interest in the subject.

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The big data boom – what it means for banking

NCR

Big data has been one of the tech industry’s most popular buzzwords for a few years now. But as the number of data sources grows and technology to process it becomes more powerful, the trend is changing from a nice-to-have addition to becoming an essential part of any company’s offering. Fighting fraud.

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Tencent Plans $70B Spend For AI, Cybersecurity, IoT Tech

PYMNTS

Tencent Executive Vice President Dowson Tong said in an interview with state media that the company also wants to put money into experimenting with blockchain, servers, big data centers, supercomputer centers, Internet of Things (IoT) operating systems, 5G networks and quantum computing.

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Google Quits Cookies As Data Privacy Regs Show Fangs

PYMNTS

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

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Retailers Take Sides In Battle Between Alibaba And Tencent

PYMNTS

As a result, the companies are locked in a race to get consumers and merchants to join their payment, logistics, social media and Big Data platforms. By working with Alibaba and Tencent, merchants can access payment systems and logistics services — as well as Big Data.

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Frightful Five: The Apple Update That Pays

PYMNTS

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. Microsoft.

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