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How Discord, born from an obscure game, became a social hub

Posted: 29 Dec 2021 03:22 PM PST

In 2015, Jason Citron, a computer programmer, was struggling to break into the video game industry. The new multiplayer game he had created with his development studio, Hammer & Chisel, was not catching on.

So Mr. Citron staged an abrupt about-face. He fired his company’s game developers, made the game’s chat feature his only product, and gave it a mysterious name: Discord.

“I think at the time we had maybe six users,” Citron said in an interview. “It wasn’t clear it was going to work.”

At first, Discord was only popular with other players. But more than six years later, driven in part by the pandemic, it has exploded into the mainstream. As adults working from home flocked to Zoom, their kids downloaded Discord to socialize with other young people via text and audio and video calls in groups called servers.

The platform has more than 150 million active users each month – up from 56 million in 2019 – nearly 80% of which connect from outside North America. It has grown from gamers to music lovers, students and cryptocurrency enthusiasts.

In September, San Francisco-based Discord said it was raising $ 500 million in funding, valuing the company at $ 14.7 billion, according to PitchBook, a market data provider. It more than doubled its workforce in 2021, to around 650 people.

The evolution of Discord to a mainstream tool was an unexpected turning point in Mr. Citron’s career. Mr Citron, 37, said he grew up playing video games on Long Island, almost failed to graduate from Full Sail University in Florida because he spent so much time gaming in World of Warcraft and had his first date with his future wife in an arcade. .

"So many of my best memories have come from these experiences, so my whole career has been about empowering others to create these kinds of moments in their lives," he said.

Prior to Discord, he ran a social games network, OpenFeint, which he sold in 2011 to Japanese game company GREE for $ 104 million. Mr. Citron was viewed by other members of the gaming community as innovative as he tried to keep gamers’ attention through social interactions with their friends, a new strategy in the burgeoning mobile gaming market.

“At least he’s trying to bring something new to the market,” said Serkan Toto, games analyst in Japan, adding that Mr. Citron’s reputation was “like a geek, in a good way.”

Now Mr Citron finds himself leading a leading communications platform, a change he described as “surprising, wonderful and humiliating.”

Discord is divided into servers – essentially a series of chat rooms similar to Slack’s work tool – that facilitate informal and fluid conversations about games, music, memes, and everyday life. Some servers are large and open to the public; others are by invitation only.

The service has no ads. It earns money through a subscription service that allows users to access features like custom emojis for $ 5 or $ 10 per month. Discord also started experimenting in December by allowing some users to charge for access to their server, up to $ 100 per month, of which the company is taking a 10% discount.

Discord made $ 130 million in revenue last year, according to a person familiar with the company’s finances who was not permitted to discuss it publicly, but company officials declined to say. if it was profitable.

The most significant change in the business came at the start of the pandemic. In June 2020, Mr Citron and his co-founder and CTO Stanislav Vishnevskiy wrote a blog post acknowledging that Discord had gone beyond video games and strived to become more accessible to everyone. Months earlier, the company had changed its motto from "Chat for gamers" to "A new way to chat with your communities and friends," a nod to its wider audience.

This transition was accompanied by growing pains. Discord has faced the same thorny questions other social media companies have about regulating speech, protecting against harassment, and keeping young people safe.

Discord allows people to chat using fake names, and the task of making sure people live up to its community’s standards is largely left to the organizers of the individual Discord servers. It makes the platform feel like ‘Lord of the Flies’, with groups of young people forming online companies and deciding their own rules.

In 2017, white nationalists gathered on far-right Discord servers to plan the "Unite the Right" rally in Charlottesville, Virginia. place, according to the New York Times.

In the process, the company has become more serious about moderation of content. Mr Citron said about 15 percent of the company’s employees work on trust and security. The company started publishing semi-annual transparency reports in 2019 and banned those under 13 from Discord.

In its most recent report, Discord said it received more than 400,000 reports of misconduct between January and June, about a third of which were related to harassment, and had banned more than 470,000 accounts and 43,000 servers.

The company’s efforts did not end frequent problems. Those interviewed for this article, some of whom were 11 or 12 years old, said they knew many underage Discord users. And an internet search of eating disorders communities on Discord, for example, found dozens of servers, some explicitly encouraging people to develop eating disorders, in violation of Discord’s community guidelines.

The company said it takes “immediate action” when it encounters violations such as underage users or inappropriate content.

Many say they joined Discord for healthier reasons, like connecting with friends. Larger public servers, like those dedicated to Minecraft chats or anime, have hundreds of thousands of members. They can be chaotic, with colorful memes, profanity, and jokes inside.

Others are only for people who know each other in real life or share a particular interest. Some have strict rules prohibiting profanity, graphic content, or political discussion. Server owners can delegate moderators to enforce the rules.

Clément Leveau, 21, has a powerful role on Discord: the owner of Kanye, a server hosting discussions on the eponymous artist, music, pop culture and other topics with more than 58,000 members.

Mr. Leveau, a student from New York, wields ultimate authority, with the power to appoint moderators and imprison people who break community rules in an isolation channel known as jail. He said he tries to “let people play the fool, have a place to relax,” but he does not tolerate hate speech or bullying. Due to the isolation caused by the pandemic, Mr. Leveau said, the connections people have made on Discord have become crucial.

Former Discord employees, investors, and gaming industry watchers say Mr. Citron has remained adamant in his vision of Discord as an independent business as it has grown.

Joost van Dreunen, a professor at New York University who studies the video game business, said staying independent would suit Mr Citron’s tight control over the company, which has seen some high-ranking executives leave in recent years. .

When it comes to revenue at Discord, the company said its rapid growth resulted in parts of its business changing “dramatically” in a short period of time, which sometimes meant “the skills and scope the work we needed with our management team also changed. just as quickly.

Discord has been in talks this year with Microsoft over an acquisition that could have exceeded $ 10 billion, according to people briefed on the talks who were not authorized to speak publicly about it. The case did not succeed. (Microsoft declined to comment.)

Mr. Citron has repeatedly declined to comment on conversations with other companies, saying only there is “a lot of interest” in Discord. He didn’t want to say if he was considering taking the company public, but said that “there are only a few ways this stuff can turn out.”

Kevin roose and Erin griffith contributed reports.


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Development of a private 5G network strategy for Industry 4.0

Posted: 29 Dec 2021 08:09 AM PST

Thanks to Industry 4.0 As a trend, proprietary information is increasingly coming in and out of autonomous robots. This includes CAD files, production statistics, and other key data that directly affect an organization’s competitiveness, results, and customer satisfaction.

A secure, reliable and high-performance wireless network is essential to ensure the flow of data and production while protecting them from hackers and industrial espionage. IoT network manufacturers may consider investing in 4G LTE and 5G as part of their strategy for secure private networks that meet their performance needs.

In 2019, manufacturers and other companies spent $ 945 million on private 4G LTE and 5G network infrastructure, IDC estimates. By 2025, they will spend $ 5.7 billion, a compound annual growth rate of 43.4%. As a newer technology, 5G offers some features that 4G does not have, including:

  • Ultra-reliable, low latency communications. This feature provides latencies as low as 1ms, which is ideal for critical delay-sensitive use cases such as time sensitive networking.
  • Massive machine-type communications. This feature enables 5G networks to support up to 1 million IoT devices per square kilometer, such as autonomous material handlers, industrial robots, and sensors that detect if a conveyor motor is starting to overheat.
  • Improved mobile broadband. This capability supports bandwidth-intensive applications such as HD and 4K CCTV cameras in and around a factory. AI could also use this video to monitor and analyze plant operations for issues and opportunities, such as adjusting workflows to remove bottlenecks.

4G will be around for years to come and 5G also offers longevity for use with network infrastructure and IoT devices that will be widely available for at least the next 20 years.

Although new, 5G is already moving down the cost curve. Private 5G operators benefit from deployments of public networks, the scale of which for the general public regularly lowers infrastructure costs. At the end of 2020, 163 public 5G networks were in commercial service worldwide, and the total is expected to reach 277 by the end of 2021, according to TeleGeography.

Organizations need information technology, operational technology and network technology tools and services to enable 5G digital transformations.

Strategic control

Organizations choose different technologies for their private networks, but all share the strategy to gain more control. For example, some utility companies have chosen to build private 2.5G, 3G, 4G and WiMax networks to better control access to the network. By owning a private network, manufacturers control coverage and can fine-tune performance to meet their unique needs.

Some companies have chose 5G for standalone use cases, such as robotics for discrete manufacturing and more granular control of manufacturing. Autonomous mobile robots improve the efficiency, reliability and precision of transporting and transporting automotive parts and materials. They can reduce labor costs, eliminate human errors, and increase workplace safety. With more flexibility than automated guided vehicles, which follow planned routes, these robots can be programmed to change routes and avoid obstacles.

Traffic signs

Few manufacturers have the experience of designing and installing a mobile network. There are also no turnkey, plug-and-play private 5G network solutions for robotics. Even if there were, they would still have to be heavily customized to make sure everything was working properly. For example, manufacturers should verify that signals are not attenuated by physical obstacles such as steel storage racks and sources of interference such as electric motors.

Organizations should collaborate with all vendors providing software systems, devices, autonomous robots, and other components of an Industry 4.0 ecosystem to achieve seamless coverage across all manufacturing plants. Interoperability is the key.

Organizations must develop operational technology (OT) and IT expertise to avoid the many ways a network deployment can go wrong. For example, the CIO may be too focused on selecting the technology instead of considering how those choices affect use cases and business requirements.

Mobile operators are increasingly offering Network as a Service (NaaS) to capture their share of the growing private network market. One downside is that NaaS offerings are often mere extensions of the public grid rather than an infrastructure specially designed and deployed to meet each customer’s unique business requirements. Even if a manufacturer decides to go the NaaS route, they will still need OT, networking technology, and IT integration, which are specialties outside the realm of mobile operators. These are all potential challenges to consider when developing a strategy for private networks.

Define your strategy

Many large manufacturing plants are built in places where land is cheap. These remote locations are often the last places where mobile operators deploy the latest network technology. In such places, manufacturers can deploy 4G LTE for private networks. Alternatively, they can also deploy and use their own 5G technology for private networks.

With the right planning, resources, and awareness of potential pitfalls, manufacturers can implement their private network strategy to take advantage of robotics. The bottom line: Getting everything in place from the start may be easier said than done, but ensures that the private 5G network can support an Industry 4.0 transformation for years to come.

About the authors

Ben Pietrabella is a global technology leader with more than 30 years of experience in the success of complex business applications and telecommunications products. Before taking up his current position as vice-president of Capgemini Engineeringthe network equipment supplier business unit, Pietrabella led Altran’s advanced network technology and global IoT service suite. He has extensive knowledge and experience in enterprise architecture, product management, product development and integration services for multivertical enterprise application products, as well as telecommunications software products from operator class. At Comverse, he led the company’s product portfolio architecture, technology selection and roadmaps. Pietrabella also held senior positions as Vice President of Deployment Architecture at Pitney Bowes, where he led architectural design and led operations for its on-demand SaaS solutions. He holds a master’s degree in computer engineering and completed the Wharton School Advanced Management Program at the University of Pennsylvania.

Manas Tiwari is currently the customer manager of the network equipment suppliers business unit of Capgemini Engineering. Over the years, he has held various leadership roles within the organization since the founding of Hughes Software Systems. He has worked with communications service providers to virtualize their network and deliver applications that drive growth, reduce capital and operating expenses, and provide a paradigm shift for bringing new solutions to market. He is a global technology leader with more than 20 years of experience in the success of complex business applications and telecommunications products. He has extensive knowledge and experience in enterprise architecture, product management, product development and integration services for multivertical enterprise application products, as well as telecommunications software products from operator class. He holds a Masters of Business Administration in International Trade from ESCP Business School.


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Lawsuit in the United States demanding the rejection of overcharged advertisers on LinkedIn owned by Microsoft

Posted: 28 Dec 2021 10:20 PM PST

A U.S. judge has dismissed a lawsuit accusing Microsoft’s LinkedIn of inflating the number of people watching video ads so the networking platform could overwhelm hundreds of thousands of advertisers.

In a ruling on Monday, US investigating judge Susan van Keulen said that while some LinkedIn statements may have been misleading, plaintiffs failed to demonstrate that their legal remedies were insufficient before suing under the law. of two California laws that offered only equitable relief such as restitution.

The San Jose, Calif.-Based judge also said that LinkedIn had no implied obligation to provide “accurate ad metrics,” citing its warning that it was not responsible for click fraud or illegal activity. third parties that could affect advertising costs.

Advertisers of the proposed class action lawsuit accused LinkedIn of inflating its metrics by counting “views” of video ads from users’ LinkedIn apps, even when the videos are only played offscreen because users have passed them.

The lawsuit began after LinkedIn said in november 2020 that its engineers fixed software bugs that could have resulted in over 418,000 overheads, most of them less than $ 25 (around Rs. 1,870). LinkedIn said it provided credit to virtually all of the advertisers affected.

Judge van Keulen in August dismissed some of the advertisers’ claims while leaving others proceed.

Monday’s dismissal was damaging, which means the lawsuit by advertisers TopDevz of Sacramento, Calif., And Noirefy of Chicago can no longer be brought. LinkedIn is based in Sunnyvale, California.

Lawyers for the advertisers did not immediately respond to requests for comment on Tuesday. LinkedIn and its lawyers did not immediately respond to similar requests.

The case is In re LinkedIn Advertising Metrics Litigation, US District Court, Northern District of California, No. 20-08324.

© Thomson Reuters 2021



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Raghu Raghuram shares VMware’s plan for the multi-cloud era

Posted: 28 Dec 2021 10:42 AM PST

When Raghu Raghuram was named CEO of VMware in May, analysts generally expressed surprise. They expected the company to select a foreigner, as they did with Raghuram’s predecessor, Pat Gelsinger, or to select Sanjay Poonen, VMware’s COO at the time.

Someone who was not surprised was Raghuram himself. “No,” he said emphatically in response to the question of whether he was surprised. "The board took its time and made its decision.

He may have good reasons to express his confidence. Raghuram is a VMware 17 year veteran who most recently served as vice president and general manager of VMware’s software-defined data center division. He guided the company in transforming its applications into cloud services and bringing them to market.

Raghuram also played a role in shaping VMware’s core virtualization business and played a pivotal role in driving the company’s merger and acquisition strategy, including partnerships with Dell Technologies, cloud hyperscalers and a handful of top server hardware vendors.

In this question-and-answer interview, Raghuram discusses the partnership strategy and the technological direction of the company for the years to come.

Now that VMware is an independent company, what technology areas might you look for [at] pursue new partnerships that you couldn’t before?

Raghu Raghuram

Raghu Raghuram: As an autonomous company, we are truly becoming the Switzerland of industry. We now have great partnerships with hyperscalers, hardware vendors and others across the tech ecosystem. But what you’ll see us doing is strategically engaging even more deeply with them than in the past. Some have expressed their willingness to do a lot more joint research and development and joint solutions with us. We will also be looking for new partners.

Could the recent deal with Kyndryl be an example of a new partnership?

Raghuram: Kyndryl was a partner when they were part of IBM. They have helped manage many VMware customer environments. From this point of view, it is a natural outgrowth. They discussed with customers the possibility of migrating them to the cloud, leveraging multiple clouds and doing it with our technology.

It becomes a tangled web with all these relationships, some with which you are in partnership, others with which you are in coopetition. How difficult is it nowadays to develop a comprehensive strategy among these relationships?

Raghuram: Any medium or large customer who uses us is likely to also use IBM, or have multiple cloud providers in their store, or use both HP and Dell hardware servers. Everything becomes even more heterogeneous there. Simply put, it’s all driven by what customers want us to do for them.

Recently you said that Tanzu is one of your top priorities for the future. What sort of technological evolution do you envision for this?

Raghuram: The challenge for customers with application modernization is to transform them into cloud native applications that run on any cloud. There are two parties involved. The first is the Tanzu Apps Platform, now in beta, which helps developers accelerate the path to production of their apps on the cloud of their choice. The second part of Tanzu is more Kubernetes-centric and aimed at users already running modern applications.

The second part is for customers who are already running modern applications but who also have some applications running on-premises, or on AWS, or on Azure. With this level of diversity, users wonder how they can control them all, and more easily network, manage and secure them. This is our offering called Tanzu Kubernetes Operations. We are very optimistic about this aspect of Tanzu.

You have a committed strategy for hybrid clouds. Talk about your relationship with public cloud providers.

Raghuram: AWS is our preferred cloud partner, but we’ve found some good partnerships with Microsoft, Google, Oracle and IBM… We work well with them all. But the AWS relationship is the deepest of all.

Earlier this year, Nvidia launched a AI Platform for VMware vSphere seven. How has this been received among your corporate users?

Raghuram: Enterprise users still have a lot of data on premise and they use that data to make decisions, both predictive and responsive, which requires a lot of machine learning. But historically machine learning has been very expensive because its capacity is not flexible. There was no easy way for multiple business groups to share a set of machine learning resources. Nvidia has found a way to solve this problem by integrating machine learning with data. So far we have had a good response and the project is progressing well.

NSX is largely a networking product, but with its microsegmentation, it can be adapted to ensure safety. Where does it fit into your overall security strategy?

The industry is moving towards a world of highly distributed multi-cloud computing and a distributed workforce. Our goal is to provide customers with the freedom and choice, but also control of where they want to run their applications.

Raghu RaghuramCEO, VMware

Raghuram: Not many people recognize NSX as a security technology, but yes, it is a very important part of our security strategy going forward. The killer use case [for NSX] In addition, network automation has been focused on security because, at the end of the day, there is no effective way to protect and control traffic between applications. And there will be even more traffic with so many users now deploying containers. So even someone with stolen credentials trying to access corporate data, administrators can quickly put policies in place to protect the traffic flowing between applications. And with [NSX] by working with our acquisition of Carbon Black securing endpoints, we believe we have a comprehensive security story to sell.

You recently announced a new subscription tailored plan for people deploying hybrid clouds. What kind of feedback have you received so far?

Raghuram: It’s positive so far. Customers like the idea of ​​someone else managing and delivering software to them on a subscription basis. That said, there are still a lot of customers who also like the Capex model. You don’t want to tell customers that they have to buy a product only one way. If they want to buy through the traditional license, so much the better. If they want to buy it through subscriptions, we can do that too.

What is your vision for VMware for the next five years?

Raghuram: The industry is moving towards a world of highly distributed multi-cloud computing and a distributed workforce. In this world, our goal is to provide customers with a combination of freedom and choice, but also to control where they want to run their applications and how they want to connect them together. We want to solve our customers’ problems associated with great heterogeneity with a platform that makes it all possible.


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Generational Equity advises Metro Service Company on its sale to Royal House Partners

Posted: 28 Dec 2021 05:00 AM PST

DALLAS – (COMMERCIAL THREAD) – Generational Equity, a leading M&A advisor for private companies, is pleased to announce the sale of its client, Tiffany Air, LLC (dba Metro Service Company) to Royal House Partners, a holding company by CPS Capital. The acquisition was completed on November 10, 2021.

Metro Service Company (MSC), located in Bethany, Oklahoma, is a leading air conditioning and heating contractor specializing in commercial and residential projects. In business for over 30 years, the company has developed a wide range of capabilities and has completed work on a variety of projects. The Company maintains strong relationships with key clients in a variety of markets.

CPS HVAC Partners (dba Royal House Partners) headquartered in Dallas, TX, is a residential and commercial contractor specializing in HVAC, plumbing and electrical services.

CPS Capital Partners (CPS) located in Toronto, Ontario, Canada, offers business owners a unique structure that is an attractive option over traditional financial or strategic investors. The company seeks to partner with private companies whose owners are seeking liquidity or growth capital. CPS is primarily focused on opportunities in Canada and the United States.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss and his team, led by Fred Phillips, Senior M&A Advisor, with the support of Vice President, Mergers & Acquisitions, Jacob Mangalath successfully closed the deal . Senior Managing Director Rick Buchoz established the initial relationship with MSC.

"This is a great example of building a footprint of a larger, established operator by acquiring a well-established small business, serving both long-standing commercial and residential customers. It’s a win-win for both parties, "said Phillips.

About generational equity

Generational Equity, Generational Capital Markets (FINRA / SIPC member), Generational Wealth Advisors, Generational Consulting Group and DealForce are part of the Generational Group, headquartered in Dallas and which is one of the leading M&A consulting firms in North America.

With more than 250 professionals in 16 offices across North America, the companies help business owners unleash their business wealth by providing growth advisory, merger, acquisition and wealth management services. Their six-step approach includes strategic and tactical growth advice, exit planning training, business valuation, value improvement strategies, M&A transactional services and wealth management.

The M&A Advisor named the company Investment Banking Company of the Year 2017 and 2018 and Valuation Company of the Year 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity newsroom.


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Explore the building blocks of Web 3.0

Posted: 27 Dec 2021 04:04 PM PST

Once it becomes reality, the virtual world will see resources, applications and content accessible to all. Photo: Pedro Nunes / Reuters

Web 3.0, also known as Decentralized Web, is the latest generation of Internet applications and services, powered by distributed ledger technology, the most common of which are blockchains.

It focuses on connecting data in a decentralized fashion, rather than storing it centrally, with computers capable of interpreting information as intelligently as humans.

The term was coined by ethereum (ETH-USD) co-founder Gavin Wood in 2014. However, the idea has started to generate more interest this year among cryptocurrency enthusiasts, as well as large tech companies, venture capitalists and more recently Tesla (TSLA) and Twitter (TWTR) CEOs Elon Musk and Jack Dorsey.

Web3 is the "new Internet" compared to today’s Web 2.0.

Web 2.0 is where data and user-created content, such as social media services and blogs, are centralized in a small group of large tech companies, largely controlled by Google (GOOG), Apple (AAPL), Amazon (AMZN), Meta (FB) and Microsoft (MSFT).

“There is a small group of companies that own all of this, and then there is us who use it, and despite the fact that we contribute to the success of these platforms, we have nothing to show for it”, said researcher Mat. Dryhurst.

Read more: London Stock Exchange: How the 10 most popular companies performed in 2021

Meanwhile, Web 1.0 refers to the period from the early 90s to around 2004 when most websites were just static web pages, essentially providing a read-only service. The vast majority of users were content consumers rather than producers as we see today.

As more and more people seek personalized services, Web3’s search engines will provide personalized information based on an individual’s browsing and search context, where people also control their own data.

Centralized servers will be replaced by information present on multiple computing devices, acting more like a peer-to-peer Internet without a single authority.

Another of the advantages of Web3 is that it is believed to be able to prevent hacks and internet leaks as it acts as a system for specific users, thus being a great pioneer in data security and privacy.

Once it becomes reality, the virtual world will see resources, applications and content accessible to all.

Watch: Why Web 3.0 Tokens Might Be the Next Cryptocurrency Hot Trade

Due to its role of assisting developers with decentralized applications, Ethereum is one of the most popular Web3 blockchains, which means that some investors who buy crypto participate for its long-term benefits.

The blockchain building block behind Web3 is the technology behind many major cryptocurrencies as well as non-fungible tokens, or NFTs.

NFTs are unique and unique crypto assets that allow collectors to authenticate, own, and trade original authenticated versions of special digital goods using blockchain technology.

They can be anything from digital, from drawings and paintings to music, but they can also be applied to a physical item such as coins or a stamp.

Read more: Non-fungible tokens: what are NFTs and why do they make so much noise?

When an NFT is purchased, the buyer receives a certificate secured by blockchain technology, making them the owner of that specific digital asset. Specifically, NFTs are typically held on the Ethereum blockchain, but other blockchains support them as well.

It cannot be duplicated or substituted, and it can only have one official owner at a time.

Although Web3 is a new space, it is not without its critics. Elon Musk said the concept was more of a “marketing buzzword” than a reality, while Jack Dorsey argued this month that it would end up being owned by venture capitalists. They have often been seen tweeting about it.

"You don’t own ‘web3," Dorsey said this week. "Venture capitalists and their limited partnerships do. It will never escape their incentives. It’s ultimately a centralized entity with a different label. .

“Know what you’re getting yourself into …” he added.

Meanwhile, Musk said, “I’m not suggesting web3 is real, it sounds more like a marketing buzzword than reality right now, just wondering what the future will look like in 10,” 20 or 30 years old. 2051 seems like a crazy futurist! “

He later tweeted, "Has anyone seen web3? I can not find it.

But In Canada, a community leader from Wonderverse, said Web3 is especially important for the younger generations.

"Generation Y and Generation Z, who make up the majority of Web3, want to feel like they belong at work and have the respect and limits to work independently. Web3 companies are on the verge of capturing a large part of young talent, because the Web3 ethic is based on collaboration, cooperation and reciprocity.

Web3 has also often been linked to discussions around the Metaverse. The metaverse is a large online world in which people can interact through digital avatars.

It is a hypothetical 3D environment, through personal computing, smartphones and virtual augmented reality headsets, combining both virtual and physical spaces. It also implements social media elements like avatar identity and content creation.

Read more: What is the Metaverse and Web 3.0?

So far, a number of companies have announced plans to develop metaverse experiences, services and materials, especially social media companies and game companies.

Similar experiences already exist in the gaming world, such as Pokemon Go which is played on cell phones. Epic Games’ Fortnite and Roblox both have similar technologies and have previously hosted virtual concerts with artists such as Ariana Grande, Travis Scott, and Lil Nas.

Metaverse companies are also planning to host sporting events for thousands of people simultaneously.

However, many have criticized its connection to Web3, saying the metaverse will be controlled by big tech companies like Meta and Microsoft, which goes against what Web3 stands for.

Watch: Is Jack Dorsey The Unbridled Bitcoin Maximumist? Investors and defenders of Web3 projects


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Secure social networks for women

Posted: 27 Dec 2021 10:10 AM PST

Hyderabad: Social media is a very powerful medium for free speech and expression. He has become a voice for the voiceless and has been an incredible tool in empowering women to speak out, express themselves and promote their ideas for the benefit of society as a whole. At the same time, it is a place for sexist, racist, homophobic and other violent behavior, and this content is easily expressed and affects women negatively.

Many of us treat our social media accounts as just a social vent, casually updating statuses and posting photos online on social platforms with little expectation of what friends and followers think of our. social vent. Your actions online could seriously limit your educational, personal, or professional prospects in the future.

To be successful on social media and celebrate positive stories, we need to have access to digital safety, security and privacy tools and materials, otherwise anonymous online perpetrators will exploit women and girls anywhere, whatever their location.

Hyderabad News

click here for more information on Hyderabad

Under the guise of free speech, many social networking sites allow users to host rape videos and revenge porn videos, which makes users feel unsafe. It is important that women raise their voices against such actions. Some of the popular hashtags for women’s rights are, #MeToo, #TimesUp, #NiUnaMenos, #HeForShe, #OrangeTheWorld, #BringBackOurGirls, #EverydaySexism, #WomenShould, #YesAllWomen, #WhyIStayed, #IWenerationOrangeOurGirls

Online Safety Tips
* Take steps to browse safely and maintain anonymity
* Define privacy settings for all apps
* Check to see how much of your personal information is available online
* Be aware of what you share online
* Use security tools during the game
* Never share passwords
* Never leave your webcam plugged in
* Never meet online acquaintances alone
* Block people you don’t want to interact with
* Only click on short links if they are verified
* Secure your devices with anti-virus and anti-malware software
* Apps should only be downloaded from Google Play or Apple App Store
* Never access public wifi unless and until you are sure it is a secure network

Define your privacy on social networks:
* Understand privacy terms and settings
* Enter your biographical information carefully
* Disable your location
* Be careful when posting photos online
* Avoid using public or shared devices to access your social media
* Avoid clicking on social media links, even if they were sent by your friends
* Avoid unidentified contacts and carefully select your connection

Social media safety tips
* Block cookies and configure the privacy settings of your social media platforms to control information sharing
* When accessing websites, only use HTTPS: // (padlock symbol)
* Protect your online identity
* Use a complex password with capital letters and special characters. Also set up two-step verification for all connections (2FA) * Do not disclose your location when viewing or downloading images
* To avoid malicious attacks, make short links larger
* End-to-end encryption messengers must be used
* Never share sensitive information on social media platforms (financial information, login information, organization and personal information) as your identity could be compromised
* Only connect with people you know and trust in real life. If necessary, you can lock your profiles
* Consent should be treated the same for all offline and online interactions

Some open source and free tools for women’s safety: –
* See how apps access your data – https://reports.exodus-privacy.eu.org/en/
* Install the Light Beam Browser plugin (How companies share data) – https://myshadow.org/resources/lightbeam?locale=fr
* Check for data breaches involving your email address – https://amibeingpwned.com * Visit https://namechk.com/ to quickly check the availability of a name or brand
* Image Fact Check (Reverse Image Check) – www.tineye.com
* For image verification (date / camera / location, etc., where it was taken), go to http://exifdata.com/.
* Shorten urls – http://www.unshorten.it/
* Use https://isitphishing.org/ to see if the website is engaged in phishing activity
* Examine the entire email header – https://mxtoolbox.com/EmailHeaders.aspx
* Visit domain tools – http://whois.domaintools.com/.
* Look at the previous version of the target website – https://archive.org/ Cybercrime reporting

There is gender-based abuse on the internet, in the form of sexual harassment, trolling, messages threatening rape and murder, or the leaking of private images and videos without consent, and it has become rampant. Nowadays.

If you have been a victim of cybercrime, please log into the National Cybercrime Portal https://www.cybercrime.gov.in/ and file a complaint. For a quick response, you can reach 155260 (national toll-free number). Make sure you make digital security one of your top priorities for 2022 and stay ahead of cybercrime with all of the tips listed in this article.


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IT companies lead in post-pandemic financial measures

Posted: 26 Dec 2021 07:28 PM PST

Information technology (IT) companies received the most funding of any industry in terms of volume, highest average amount of funding, and highest average income, new primary financial data study finds by Biz2Credit. The study also found that demand for IT services increased during the pandemic, leading to improved financial performance, and IT business owners had the highest average credit score.

Accommodation and food services had the highest average approval rates for funding requests. This was the second largest percentage of funding given to small businesses. These companies suffered greatly during the pandemic and were able to take advantage of funding programs like the Paycheck Protection Program (PPP) that were put in place to help them. Accommodation and food services industry finished second in terms of total funding volume

the Biz2Credit 2021 Best Small Business Industries Report analyzed the financial performance of more than 200,000 businesses that have used the company’s online funding platform to apply for funding, including forgivable loans through the Paycheck Protection Program (PPP) of the SBA, in 2020-2021. Analysis looked at the following metrics: annual revenue, operating expenses, loan approval rate, total amounts funded, business owner credit scores, and company age.

Main conclusions:

The sector with the highest total funding volume in 2020 was the Technological Information (IT) industry, which obtained 18% of all funding issued. The second most funded industries in the country were accommodation and food services (15.3% of funding volume) and health care and social assistance (8.2% of funding volume)

· THIS business owners had the highest average credit score (636), followed by Real Estate (633), Finance and Insurance (624), Professional and Technical (623) and Health Care (619).

The companies of IT sector had the highest average income ($ 1,518,640). Wholesale trade ($ 1.3 million), manufacturing ($ 1.1 million), retail trade ($ 750,000), accommodation and food services ($ 626,000) and health care and social assistance ($ 612,000).

· Accommodation and food services had the highest approval rate for financing requests at 57%. Retail trade (55%) and healthcare (54%) followed closely, while Transportation and warehousing was the industry with the youngest companies. This corresponds to the greatest number of recent startups.

· Health care and social assistance had the oldest companies with an average age of 91 months (7.6 years).

Further findings revealed that a Chartered Professional Accountant (CPA) and Chartered Professional Accountant (CPA) proved invaluable to small business owners during the pandemic. The report also analyzed how often companies across different industries worked with a CPA on funding applications. He looked at data from over 40,000 small businesses that have partnered with CPA firms to process and fund more than $ 1 billion in PPP loans through the CPA business finance portal. The cloud-based funding platform was developed by Biz2Credit and CPA.com specifically for accountancy firms and recently added a term loan option to support the growing role of CPA firms in business advisory services. .

The platform data was analyzed as part of the Biz2Credit report. The top five industries working with CPA firms are accommodation and food services (17.8%), construction (13.6%), healthcare (13.3%), professional services (12.0%) and other services (9.5%), which include beauty salons, repair shops, laundry services and a range of other services.

We know from our experience with small business relief efforts during the pandemic that CPAs are a critical bridge in securing funding for many business owners. Providing CPA firms with easier access to financing for their clients will have benefits going forward, but especially for industries that fare less well as the recovery strengthens.

The report covers industries based on the NAICS classification system including accommodation and food services, business and professional services, healthcare, information technology, manufacturing, personal services, retail and wholesale.

The study aimed to identify the top industries for small businesses in the previous year and measure the performance of businesses based on their industry affiliation. All of the companies included in the survey had fewer than 250 employees and less than $ 10 million in annual revenues. The report covered small businesses across the country, from start-ups to established businesses. Biz2Credit also analyzed Paycheck Protection Program (PPP) loan data from the SBA database.


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Tesserent announces cybersecurity partnership with Vocus

Posted: 26 Dec 2021 11:35 AM PST

Tesseren announced that it has entered into a cybersecurity partnership with Vocus, aimed at meeting the cybersecurity needs of Vocus corporate clients.

The Partnership targets Vocus client companies via a new Master Reseller Agreement signed with Tesserent. Tesserent is also a partner of the Vocus cybersecurity ecosystem internally, with a renewed Master Services Agreement signed as part of the new partnership.

The partnership effectively delivers Tesserent Cyber ​​360 solutions to a large corporate client base, which is currently not handled by the teams in contact with Tesserent clients.

Vocus is Australia’s specialist provider of fiber and network solutions and also operates an extensive and modern network in New Zealand, connecting the country’s capitals and most regional hubs.

The partnership will initially focus on providing consulting packages to over 5,000 corporate and government clients including Essential 8 programs, testing / insurance / red team services and will also be able to evolve to delivery of key security product controls as well as managed security. services such as security information and event monitoring (SIEM).

"We are extremely pleased to be able to partner with Vocus on their cybersecurity initiatives with their corporate clients," said Kurt Hansen, CEO of Tesserent.

"Increasingly critical infrastructure controls are subject to cyber attacks and we look forward to working with Vocus to improve their customers’ cybersecurity resiliency," he said.

“This partnership will enhance Tesserent’s profitable organic growth through access to clients who are currently not being served by our current customer-facing team.”

Andrew Wildblood, Managing Director of Vocus, Business & Government, adds: "Vocus is very excited to partner with Tesserent on cybersecurity.

"With the Cyber ​​360 offering that they have built up over the past two years, they have become a significant force in providing cybersecurity solutions to corporate clients," he said.

"When it comes to cybersecurity and secure cloud services, you need to know that you have the right level of expertise and support, and that your IT environment is working the way you want it to," says Wildblood.

“We saw at the height of COVID, the dramatic changes our customers needed to make to their networks and operating models to keep their employees safe and their businesses running,” he said. he declares.

"Now that organizations are adapting to hybrid operation as usual, it’s critical to know that you have a solid foundation to support your business. “

Tesserent provides full-service enterprise-grade cybersecurity and networking solutions targeting midsize, enterprise and government customers across Australia and New Zealand. The company’s Cyber ​​360 strategy provides integrated solutions covering the identification, protection and 24/7 monitoring against cybersecurity threats. With over 400 cybersecurity practitioners, Tesserent has the ability to help organizations defend their digital assets against growing risks and cyber attacks.

In total, Vocus’s terrestrial network consists of approximately 30,000 km of high-performance, high-availability fiber optic cable route supported by 4,600 km of submarine cable connecting Singapore, Indonesia and Australia and 2 100 km of submarine cable between Port Hedland and Darwin and connecting offshore oil and gas facilities in the Timor Sea. Vocus has a portfolio of well-recognized brands aimed at businesses, governments, wholesalers, small businesses and individuals in Australia and New Zealand.


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$ 1.57 billion in expected sales for Twitter, Inc. (NYSE: TWTR) this quarter

Posted: 26 Dec 2021 04:14 AM PST

Stock analysts predict that Twitter, Inc. (NYSE: TWTR) will report sales of $ 1.57 billion for the current fiscal quarter, according to Zacks investment research. Nine analysts have released Twitter earnings estimates, with the highest sales estimate at $ 1.58 billion and the lowest estimate at $ 1.55 billion. Twitter reported revenue of $ 1.29 billion in the same quarter last year, indicating a positive growth rate of 21.7% year-over-year. The company is expected to announce its next quarterly earnings report on Tuesday, February 8.

According to Zacks, analysts expect Twitter to report annual sales of $ 5.09 billion for the current fiscal year, with estimates ranging from $ 5.06 billion to $ 5.19 billion. For the next fiscal year, analysts predict the company will post revenue of $ 6.21 billion, with estimates ranging from $ 6.03 billion to $ 6.48 billion. Zacks Investment Research sales averages are an average based on a survey of sales analysts who follow Twitter.

Twitter (NYSE: TWTR) last reported its quarterly results on Tuesday, October 26. The social networking company reported ($ 0.54) earnings per share for the quarter, missing Zacks’ consensus estimate of $ 0.02 from ($ 0.56). The company posted revenue of $ 1.28 billion in the quarter, compared to analysts’ estimates of $ 1.28 billion. Twitter had a negative net margin of 3.77% and a negative return on equity of 3.21%. The company’s revenue for the quarter increased 37.1% from the same quarter last year. In the same quarter of last year, the company made EPS of $ 0.07.

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Several stock analysts have recently weighed on the title. Citigroup cut its target price on Twitter shares from $ 60.00 to $ 47.00 and set a “neutral” rating on the share in a report released on Wednesday, December 1. They noted that the move was an appraisal call. MKM Partners lowered its price target on Twitter shares from $ 83.00 to $ 77.00 and set a "buy" rating on the stock in a report released on Wednesday, October 27. Barclays raised its price target for Twitter shares from $ 60.00 to $ 64.00 and rated the stock “underweight” in a report released on Wednesday, October 27. BMO Capital Markets lowered its price target for Twitter shares from $ 70.00 to $ 65.00 and established a "market return" rating on the share in a report released on Wednesday, October 27. Finally, UBS Group began covering shares of Twitter in a report on Thursday, December 2. They issued a “neutral” rating and a target price of $ 50.00 on the stock. Three equity research analysts rated the stock with a sell rating, eighteen assigned a conservation rating, and fifteen issued a buy rating for the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $ 68.94.

In related news, the insider Michel montano sold 4,500 shares in a trade that took place on Monday, December 20. The shares were sold at an average price of $ 42.30, for a total trade of $ 190,350.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In addition, Director V (Gp) LLC Slta purchased 1,400,000 shares of the company in a transaction dated Monday, December 6. The shares were purchased at an average price of $ 43.94 per share, for a total transaction of $ 61,516,000.00. Disclosure of this purchase can be found here. In the past three months, insiders have sold 96,090 shares of the company valued at $ 5,295,275. Company insiders own 2.56% of the company’s shares.

A number of institutional investors have recently increased or reduced their stakes in the company. Moors & Cabot Inc. increased its stake in Twitter by 13.7% in the 3rd quarter. Moors & Cabot Inc. now owns 6,619 shares of the social networking company valued at $ 398,000 after purchasing an additional 800 shares during the period. Kingsview Wealth Management LLC increased its stake in Twitter by 36.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 5,938 shares of the social networking company valued at $ 359,000 after purchasing an additional 1,590 shares during the period. EP Wealth Advisors LLC increased its stake in Twitter by 34.4% in the 3rd quarter. EP Wealth Advisors LLC now owns 4,677 shares of the social networking company valued at $ 282,000 after purchasing an additional 1,197 shares during the period. American International Group Inc. increased its stake in Twitter by 21.9% in the 3rd quarter. American International Group Inc. now owns 326,358 shares of the social networking company valued at $ 19,709,000 after purchasing an additional 58,709 shares during the period. Finally, Wealthsource Partners LLC acquired a new position in Twitter shares during the 3rd quarter for a value of $ 515,000. Hedge funds and other institutional investors hold 78.56% of the company’s shares.

NYSE: TWTR opened for $ 44.16 on Friday. The company has a current ratio of 4.09, a quick ratio of 4.09, and a debt to equity ratio of 0.59. The company has a market cap of $ 35.31 billion, a price-to-earnings ratio of -183.99 and a beta of 0.71. The company’s fifty-day simple moving average is $ 50.35 and its 200-day simple moving average is $ 59.81. Twitter has a year-over-year low of $ 41.01 and a year-over-year high of $ 80.75.

About Twitter

Twitter, Inc. is a global platform for public expression and real-time conversation. It provides a network that connects users with people, information, ideas, opinions and news. The company’s services include live commentary, live hookups, and live chats. Its app provides social networking and microblogging services through mobile devices and the Internet.

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History and earnings estimates for Twitter (NYSE: TWTR)

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