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Big Names Embark On Spring Hiring Sprees

PYMNTS

The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida.

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Senate Panel Eyes Algorithms, Social Media and ‘Persuasive Technology’

PYMNTS

Senate panel examined the ways social media giants — marquee names among them such as Google and Facebook — interact with users. The hearing, held by the Senate Commerce subcommittee on Communications, Technology and Innovation, queried researchers and others who were critical of using AI to suggest content to end users.

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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Camelot Venture Group, Align Technology, Kleiner Perkins Caufield & Byers, Spark Capital, Clayton Dubilier & Rice. Plaid Technologies. Company Description: San Francisco’s Plaid Technologies builds user-friendly APIs and tools for financial institutions. . Valuation: $3.2B. Total Funding: $1.3B.

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

At issue are concerns that such investments could help China expand its technological and military abilities. Which Technologies Chinese Investors are backing in the US. The business social graph below highlights Tencent’s US AI investments over the period; each green line represents one round of funding.

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FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

Prairie Cloudware provides a comprehensive set of omni-channel, digital payment services to solve the need for more security, convenience, and control when purchasing goods and services online and in-store. Slice’s technology provides item-level purchase data across the largest base of online consumers (two million and counting).