Good morning! Below are some of the top tech startup news for today, Friday, August 30, 2019.
Google discovers major iPhone security flaw that affected thousands. Google announced today it has discovered flaws in iPhone that enabled hackers to put ‘monitoring implants’ in iPhones for years. The flaw, which was discovered by Google’s Project Zero Threat Analysis Group, revealed 14 security flaws in iPhones that existed for two years. According to Google, visiting hacked sites was all that is needed for server to gather users’ images and contacts. A user only had to visit a website to potentially give hackers access to messages, photos, contacts and location information, Google said. Apple confirmed Google findings and said it fixed the flaws in a software update back in February.
SaaS startup Red violet raises $7.5 million in growth financing. Red Violet, a SaaS startup and an analytics and information solutions provider, closed $7.5m in growth financing to accelerate market expansion through new investment in sales, product development and marketing, as well as for working capital and other general corporate purposes. Led by Derek Dubner, CEO, red violet provides analytics and information solutions harnessing data fusion to uncover the relevance of disparate data points and convert them into views of people, businesses, assets and their interrelationships.
AI startup Aible launches Aible Advanced, the world’s first true AutoML solution, to scale AI with business sense. Aible announces the launch of Aible Advanced, the first fully automated machine learning (AutoML) AI platform for data scientists and developers. With Aible Advanced, which also comes with a version for business users, Aible platform is able to automate the machine learning process from data-to-impact to generate the best predictive model for each unique business reality. Founded just last year by Arijit Sengupta and Jonathan Wray, Aible creates AI that delivers measurable business impact in a way that’s simple, fast and secure. With AI trained for business impact, not accuracy, business users, data scientists, and developers create AI based on their real cost-benefit trade-offs and operational constraints. They simply answer business questions and Aible does the rest, from data to impact.
Accenture Completes Acquisition of Australian big data and analytics consultancy Analytics8. Global professional services company Accenture has completed the acquisition of Analytics8, an Australian big data and analytics consulting startup. The amount of the deal was not disclosed. Analytics8 is now a wholly owned subsidiary of Accenture. The transaction strengthens the company’s capabilities to deliver AI-powered data and advanced analytics services to clients across Australia and New Zealand. Founded in 2002 by Hedde Schuitemaker, Jean-Christophe Richard, and Alexander Brown, Analytics8 provides data management, reporting and visualisation, data science and analytics services to some of Australia’s largest organizations across multiple industries.
Belgian startup LucidWeb launches VR content distribution platform to provide 360° VR/AR streaming experiences via browser desktop, smartphone, and VR headset. LucidWeb, a Belgian WebVR and WebAR startup based in Brussels, today announces the launch of VR content distribution platform at 76th Venice Film Festival 2019. expands its offering by launching its premium virtual reality distribution platform. The LucidWeb Pro contributes to solving the distribution problem of 360° & VR content by making publishing and sharing easy and simple. New features will soon be added as the market evolves. The event will take place at the Brussels XR ecosystem presentation at Venice VR island, Lazzareto Vecchio, 14h20/Spazio Incontri.