Wij willen met u aan tafel zitten en in een openhartig gesprek uitvinden welke uitdagingen en vragen er bij u spelen om zo, gezamelijk, tot een beste oplossing te komen. Oftewel, hoe kan de techniek u ondersteunen in plaats van dat u de techniek moet ondersteunen.

Het moet mogelijk worden om in Europees verband de macht van grote technologiebedrijven te beteugelen. Dat stellen Nederland en Frankrijk. Volgens staatssecretaris Mona Keijzer van Economische Zaken en haar Franse collega Cédric O moet een Europese toezichthouder de bedrijven kunnen aanpakken.

Er worden geen bedrijven bij naam genoemd, maar de twee bewindspersonen zeggen dat de maatregelen moeten gelden voor platforms “waar consumenten of ondernemers nauwelijks omheen kunnen en die daarmee een zogenoemde poortwachterspositie hebben”. Dan komen al snel de Amerikaanse techreuzen Amazon, Apple, Facebook en Google in beeld.

Verbod voortrekken eigen diensten

Er wordt een aantal voorstellen gedaan, zoals een verbod voor de platforms op het voortrekken van eigen diensten “waarmee andere gebruikers worden benadeeld”. Ook zien de bewindslieden andere maatregelen voor zich, zoals de verplichting om data te delen, interoperabiliteit (verschillende diensten met elkaar laten communiceren) en platforms proactief alternatieven laten bieden.

De twee staatssecretarissen doen hun voorstellen in een discussiedocument dat ze betitelen als een ‘non-paper’. Dat betekent dat het stuk geen juridische waarde heeft en bedoeld is voor de discussie binnen de EU.

De Europese Commissie werkt op dit moment aan nieuwe richtlijnen, de Digital Services Act, waarvan de verwachting is dat deze voorstellen zal bevatten om de macht van techbedrijven in te perken. De voorstellen worden voor het einde van het jaar verwacht.

In onderstaande video gaat NOS op 3 dieper in op de vraag of ‘s werelds grootste techbedrijven niet té machtig worden:

NOS Tech

Elon Musk -founded Neuralink has made headlines over the past many years around it efforts to develop a new kind of interface between the human brain and computing devices. On Friday, the company provided a demo of the technology, and Musk kicked off the demo by saying that the purpose of the entire presentation was recruiting — not fundraising or any other kind of promotion.

“We’re not trying to raise money or do anything else, but the the main purpose is to convince great people to come work at Neuralink, and help us bring the product to fruition — make it affordable and reliable and and such that anyone who wants one can have one,” he said.

Musk then went on to say that the reason he wants to make it generally available is that just about everyone will have some kind of neurological problem over time, including memory loss, anxiety, brain damage, depression and a long list of other ailments. Of course, there’s no clear evidence that any of this long list of problems can be quickly and easily “solved” with any one solution, so it’s a bit challenging to see this as a reasonable end goal for the company.

The goal may be ambitious — and definitely subject to a lot of ethical and medical debate — but the technology that Musk actually demonstrated was much less so. Musk first noted that Neuralink had changed design since the reveal last year, with a smaller physical device profile that he said can be fully hidden under hair once installed in the skull. He had a physical device in-hand to show its size.

Image Credits: Neuralink

Musk then turned the audience’s attention to three pigs that were in attendance in nearby pens, with handlers nearby. The three pigs were one that was untreated, the second (“Gertrude”) was installed with a Neuralink device, called the “Link,” and the third had previously had one installed but then subsequently had it removed. Musk at first had trouble coaxing Gertrude to come out and perform for the small, socially distanced crowd in attendance (who were seated at bar-height tables as if they were at a comedy club). Eventually, however, he skipped Getrude to show that the pig who had her Link removed was very healthy and normal-looking.

Image Credits: Neuralink

Back to Gertrude, Musk showed a display that played a sound and showed a visual spike whenever the Link detected that Gertrude made contact to something with her snout while rooting around for food.

“For the initial device, it’s read/write in every channel with about 1024 channels, all-day battery life that recharges overnight and has quite a long range, so you can have the range being to your phone,” Musk said. “I should say that’s kind of an important thing, because this would connect to your phone, and so the application would be on your phone, and the Link communicating, by essentially Bluetooth low energy to the device in your head.”

Image Credits: Neuralink

Musk closed the prepared portion of the presentation by noting that the company had received a Breakthrough Device designation from the U.S. Food and Drug Administration in July, and that the company is “preparing for first human implantation soon, pending required approvals and further safety testing.”

While the device demonstrated was only a read-device, receiving data from the signals in the pig’s brain, the plan is to provide both read and write capabilities with the goal of being able to address neurological issues as mentioned above. Musk also stressed that why he showed the pig which had had its implant removed safely was because the plan is to provide updates to the hardware over time as better versions become available. Ultimately, Musk said during a later Q&A that Neuralink hopes to get the cost down to somewhere in the thousand-dollar range, with a minimal cost for the hardware itself along the line of modern wearable devices.

Musk actually referred to the Neuralink devices as a “Fitbit in your skull with tiny wires” at multiple points during the presentation, which actually seems like a pretty dystopian proposition, depending on your perspective. Capabilities he teased eventually include the ability to summon your Tesla with a thought, and video game control interfaces — including complete control of Starcraft. Musk also said in the future he expected people with Link to be able to “save and replay memories,” adding the caveat that “this is obviously sounding increasingly like a Black Mirror episode, but well, I guess they’re pretty good at predicting.” He even went so far as to say that “you could potentially download [memories] into a robot body.”

The first clinical trial will focus on individuals with paraplegia or tetraplegia, resulting from cervical spinal cord injury. The plan for a first trial is to enroll a “small number” of these individuals in order to test the efficacy and safety of the technology.


TechCrunch

The tech industry has generally wished that structural discrimination would go away, while pretending that it already has. But technology can be used by anyone for anything. And so, the world has watched video after video of police brutality against Black people in a real-time stream that plays through the closing days of quarantine, culminating in the death of George Floyd and ongoing protests. As employees have left their remote offices to hit the streets, even executives at the largest tech companies —who would usually avoid such complications — have expressed their support officially, online.

What can we expect to change now? After all, diversity and inclusion programs have been getting cut during the pandemic, and stats on employee diversity and VC partner/portfolio demographics have not seemed to be improving quickly over the past decade, at least in aggregate.

First up, a group of Black tech leaders in the Bay Area, including TechCrunch’s Megan Rose Dickey, has put forward a widely-signed petition that specifies five goals including local support and accountability, and commitment to hiring and investing in Black employees and founders.

On the ground in the startup world, a considerable range of investors say they are setting aside dedicated time and resources for Black founders.

Specific proposals for changes to the status quo strike at the heart of of tech as we know it.

To address existing systemic bias, algorithmic and otherwise, contributor Will Walker writes that tech companies like Amazon, Yelp and Grubhub should find ways to feature and favor Black-owned businesses — even if that means re-writing the recommendation algorithms.

And to address systemic bias in who gets funding, Connie Loizos writes that legislation could be the best answer:

Consider that already, most VCs today sign away their rights to invest in firearms or alcohol or tobacco when managing capital on behalf of the pension funds, universities and hospital systems that fund them. What if they also had to agree to invest a certain percentage of that capital to founding teams with members from underrepresented groups? We aren’t talking about targets anymore, but actual mandates. Put another way, rather than wait for venture firms to organically develop into less homogeneous organizations — or to invest in fewer founders who share their gender and race and educational background — alter their limited partner agreements.

Perhaps tech leaders are responding so strongly today because they realize what’s at stake for them if change does not happen faster?

GettyImages 1168618863

The future of work, according to the people trying to invest in it

Meanwhile, the very nature of work as we know it is being re-evaluated. Megan caught up with top investors in a very popular investor survey for Extra Crunch this week, to better understand the problems and solutions. Here’s what Ann Muira-Ko of Floodgate Capital thinks will create unicorns, as a sample:

  • How do you enable solopreneurs to build businesses that are fully tech-enabled? We think of this as the ironman suit for the solopreneur. What financial products and software products can solopreneurs use to provide consumers or their customers with the tech-enabled experiences they have come to expect?
  • How does reputation follow someone? A resume or LinkedIn profile measures where you’ve worked and for how long. With people working more jobs at varied locales, measuring expertise will become a new challenge.
  • How does an organization maintain knowledge? If a company is reliant on its people to share its history and knowledge base, how can that be disseminated without relying on internal experts (who are on the decline)?
  • How should productivity tools (calendars & communication) and enterprise systems (CRM, HR, Finance, etc.) adapt to a multi-modal (work from anywhere) work environment? HR is perhaps the most out-of-date, but every tool will require better integration.

If you’re more interested in the cybersecurity aspects of remote work, you will want to check out security editor Zack Whittaker’s set of investor surveys this week, including this industry overview and this pandemic-focused one.

Data shows investors are in fact busy looking for deals

Are VCs actually open for business during the pandemic? Docsend, a key inside data source, has a new report out this week that shows investor interest has boomed in April. Here’s CEO Russ Heddleston on TechCrunch, talking about the activity on its document management platform:

After the initial decline in March, founders and VCs both bounced back fairly quickly. In fact, the next week VC interest increased 10% while the number of Founder Links Created increased by 12%. However, for the following few weeks the number of links created by founders either stayed flat or dropped. But that isn’t the case for VCs. Demand for pitch decks rose steadily all the way through the week of April 20th, which was 25% up year-over-year. In fact, seven of the top 10 best days for Pitch Deck Interest in 2020 were in the month of April.

The fundraising inactivity has been on the part of the founders! Meanwhile, in a separate article for Extra Crunch, he shares that investors are spreading themselves broadly.

In the recent weeks, as we’ve had higher than average supply and demand, we’ve watched as the average time spent reviewing a deal has declined. In fact, we’re at nearly a two-year low. The only other period when time spent dropped below where it is now was in early 2018 (which not coincidentally was also when demand was at its highest). Twice in 2018 we saw time spent go below three minutes and we’re currently at 3 minutes and 7 seconds.

How a growth marketer helped his high school brother win at TikTok

In a fascinating oral history of sorts for Extra Crunch, Adam Guild explains how he helped his young brother Topper get more than 10 million followers in under five months. Here’s a free excerpt:

At first, figuring out which content would go viral seemed random. There was no correlation between likes, comments, shares or engagement rate.

What made the difference in his successful content? Topper needed to find out to maximize growth, so he went through his TikTok analytics insights and noticed a trend: his most popular videos weren’t the ones with the highest engagement rates. They were the ones with the highest average view durations.

“I wanted to test if this guess was right,” said Topper, “so I posted a few videos with a longer length and teased people in the captions to watch until the end.”

It worked; his videos started getting more views, but it wasn’t a perfect correlation. Some videos with high view durations weren’t taking off.

When Topper asked me for advice, I suggested that the key metric to nail was actually average session duration. That’s what YouTube optimizes for, so it would make sense that TikTok would do the same. This metric measures how long people actually stay on the platform — not on the video — and it can be increased by single videos.

He posted another video to test: one that encouraged viewers to rewatch repeatedly because it had a cliffhanger ending — Topper poured hundreds of Mentos into a massive container of Coke before cutting out the ending.

That video was his most viewed yet, scoring more than 175,000,000 views. He decided to use that lesson in future videos by creating content that helped get viewers addicted to TikTok while also being fun to watch.

Around TechCrunch

Join us to watch five startups pitch off at Pitchers and Pitches on June 10th

Join Eventbrite CEO Julia Hartz for a live Q&A: June 11 at 3 pm EST/Noon PDT/7 pm GMT

Across the week

TechCrunch:

LinkedIn introduces new retargeting tools

The coronavirus has hastened the post-human era

Zynga acquires Turkey’s Peak Games for $ 1.8B, after buying its card games studio for $ 100M in 2017

Huawei’s terrible week

Extra Crunch:

Is Zoom the next Android or the next BlackBerry?

The IPO window is open (again)

Unpacking ZoomInfo’s IPO as the firm starts to trade

SaaS earnings rise as pandemic pushes companies more rapidly to the cloud

What grocery startup Weee! learned from China’s tech giants

#EquityPod

From Alex Wilhelm:

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week, however, the Equity crew (DannyNatashaChris, and Alex) agreed it felt silly to drum up false enthusiasm for funding rounds and startups. Instead, we talked about a more critical topic: systemic racism in the United States. Venture firms and tech executives across the country are pledging to be better following the brutal murder of George Floyd and police brutality.

Better is long overdue.

What follows are the resources we mentioned — and a few more — on the show itself. We’ll be back. Now is the time for sustained momentum and change.

Donations

How to be a better ally

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts.


TechCrunch

French VC firm Idinvest has compiled some data about the European tech ecosystem. The firm has decided to focus on consumer tech in general, and there are some interesting trends that I’m going to break out here. You can read the full report here.

The team has analyzed and surveyed 1,500 companies over multiple months. And Idinvest has identified rising stars in multiple different verticals, such as fintech, mobility, healthcare or travel. If a startup has raised more than €100 million or has been acquired, Idinvest considers them as giants already.

Lesson #1: VC funding is growing at a faster pace in Europe than in the rest of the world

Notice that jump from €4.4 billion in 2014 to €16.6 billion in 2019.

Lesson #2: The European fintech boom is real

Fintech is now the largest vertical in Europe. On average, European startups attract 16% of global VC investments. But Europe is grabbing a bigger piece of that pie with fintech as European fintech startups have attracted 26% of total VC investments in that space.

And it’s not just challenger banks, such as N26, Monzo or Revolut. There are trading startups, lending startups, API-driven companies and more.

Lesson #3: Mobility is fragmented

While mobility is a huge vertical in Europe, there are countless of players that do more or less the same thing — multiple scooter startups (Voi, Dott, Tier…), multiples ride-hailing startups (Bolt, Heetch, FreeNow, Cabify…), etc.

Some of them are thriving, but you’re not going to see any of the big names you’d expect in the list of giants as those companies are not European — Uber, Didi, Bird… In other words, Europe is mostly a fast follower in this space, and it’s been working fairly well.

Lesson #4: Health is regulated as hell

This isn’t surprising, but European healthcare startups seem to be mostly active in Europe. Similarly, American healthcare startups don’t seem to have a huge presence in Europe.

I personally think European healthcare startups have a shot at becoming global leaders for two reasons. First, it’s a privacy-sensitive industry and European startups tend to care more about privacy due to the legal framework. Second, the tech lash against big tech companies, such as Google, Facebook, Amazon, Microsoft and Apple, is going to be particularly strong with healthcare products.

Lesson #5: Food startups could reshape cities

Let me quote Idinvest’s report directly here because it is spot on: “In the Middle-Age, posting houses became inns to feed and offer rest to travelers. In the 20th century, McDonald’s restaurants grew exponentially around the U.S. road infrastructure. In the past 18-24 months, we have seen the rise of dark kitchens (Keatz, Taster) and dark groceries (Glovo) which are both piggybacking this new food delivery infrastructure and adding to it a real estate layer. Dark kitchens and groceries are selling products exclusively through delivery. The customer facing location of a restaurant or a grocery shop is replaced by a cheaper real estate location optimized for order preparations.”

Lesson #6: Travel is a bigger industry in Europe than in the U.S.

Tourists spend more money in Europe than in the U.S. Given that many travel startups start with a simple marketplace to improve liquidity, pricing, listings, discovery or open up a whole new segment, it makes sense to start it from Europe.

Lesson #7: Gaming is big in Europe

Gaming, and in particular mobile gaming, has been thriving in Europe. Many casual games have emerged from European startups. There’s no European Netflix, but Minecraft, Candy Crush Saga and Angry Birds were all born in Europe.

All the rest

Idinvest’s report covers other verticals but I don’t have much to add. I’m just going to share the mapping of those verticals and you can read the report if you want to dig deeper.


TechCrunch

With many major sectors totally frozen and reeling from losses, tech’s biggest players are proving themselves to be the exception to the rule yet again. On Friday, Facebook confirmed its plans to buy Giphy, a popular gif search engine, in a deal believed to be worth $ 400 million.

Facebook has indicated it wants to forge new developer and content relationships for Giphy, but what the world’s largest social network really wants with the popular gif platform might be more than meets the eye. As Bloomberg and other outlets have suggested, it’s possible that Facebook really wants the company as a lens into how users engage with its competitors’ social platforms. Giphy’s gif search tools are currently integrated into a number of messaging platforms, including TikTok, Twitter and Apple’s iMessage.

In 2018, Facebook famously got into hot water over its use of a mobile app called Onavo, which gave the company a peek into mobile usage beyond Facebook’s own suite of apps—and violated Apple’s policies around data collection in the process. After that loophole closed, Facebook was so desperate for this kind of insight on the competition that it paid people—including teens—to sideload an app granting the company root access and allowing Facebook to view all of their mobile activity, as TechCrunch revealed last year.

For lawmakers and other regulatory powers, the Giphy buy could ring two separate sets of alarm bells: one for the further evidence of anti-competitive behavior stacking the deck in the tech industry and another for the deal’s potential consumer privacy implications.

“The Department of Justice or the Federal Trade Commission must investigate this proposed deal,” Minnesota Senator Amy Klobuchar said in a statement provided to TechCrunch. “Many companies, including some of Facebook’s rivals, rely on Giphy’s library of sharable content and other services, so I am very concerned about this proposed acquisition.”

In proposed legislation late last month, Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) called for a freeze on big mergers, warning that huge companies might view the pandemic as a chance to consolidate power by buying smaller businesses at fire sale rates.

In a statement, a spokesperson for Sen. Warren called the Facebook news “yet another example of a giant company using the pandemic to further consolidate power,” noting the company’s “history of privacy violations.”

“We need Senator Warren’s plan for a moratorium on large mergers during this crisis, and we need enforcers who will break up Big Tech,” the spokesperson said.

News of Facebook’s latest moves come just days after a Wall Street Journal report revealed that Uber is looking at buying Grubhub, the food delivery service it competes with directly through Uber Eats.

That news also raised eyebrows among pro-regulation lawmakers who’ve been looking to break up big tech. Rep. David Cicilline (D-RI), who chairs the House’s antitrust subcommittee, called that deal “a new low in pandemic profiteering.”

“This deal underscores the urgency for a merger moratorium, which I and several of my colleagues have been urging our caucus to support,” Cicilline said in a statement on the Grubhub acquisition.

The early days of the pandemic may have taken some of the antitrust attention off of tech’s biggest companies, but as the government and the American people fall into a rhythm during the coronavirus crisis, that’s unlikely to last. On Friday, the Wall Street Journal reported that the Department of Justice and a collection of state attorneys general are in the process of filing antitrust lawsuits against Google, with the case expected to hit in the summer months.


TechCrunch

What do a heating filter company, a robotics startup and an architecture startup have in common? Usually, nothing. But right now, as COVID-19 sweeps the world and jeopardizes the lives of millions, companies are shifting operations to make N95 masks and ventilators for healthcare workers.

The innovation coming out of the startup world has been breathtaking, and, quite honestly, hard to keep up with. It feels like everyone in Silicon Valley and beyond is rising to the challenge, even if they don’t have pockets as deep as Amazon and Google.

So, for a drop of good news and hope at least once a week, we’re rounding up some of the startup efforts we’re seeing to combat the impact of COVID-19. This isn’t a place where we’ll be analyzing startups working on proposed cures (you can check out Darrell’s tireless work for that). Instead, we’ll look at the unique ways that companies are trying to make us feel less lonely and unpack how tech is answering the questions we’re starting to ask ourselves.


Stopcovid.co

The founder of Managed by Q, Dan Teran, has teamed up with training services startup ESLWorks to text message the latest coronavirus updates to front-line workers in real time. The Stopcovid.co initiative targets workers who may not have the support of a big organization but still need to follow the health recommendations of the CDC. The messages are sent via WhatsApp and text message so users who are not digitally apt can access the information with ease. When I caught up with Teran, he said that, “I don’t want to characterize the population we’re trying to reach, but if I were a delivery driver for 12 to 14 hours a day trying to put food on the table, I’m probably not up to date on the virus and how it spreads.”


Cornell Tech Clinic

Cornell Tech Clinic is helping domestic violence survivors get support during a time when individuals are forced to stay inside and rely on virtual communities. The clinic launched a remote program to give advice to abuse survivors who are worried that their partners are using technology to abuse them, whether that is cyberstalking or monitoring every call or chat. The new program will include how to best get in touch with a case worker remotely, how-to guides for self help and a research study on how to aid those experiencing tech abuse.

S’More and Hopeline

Dating app S’More, which helps users connect beyond physical appearance, is teaming up with a mental health crisis prevention hotline Hopeline to raise money. The campaign, called “social distancing is not emotional distancing,” will make a $ 1 donation to Hopeline for every person who starts a conversation on S’More.

Procore construction management

Procore, a construction management software developer, is giving customers free access to its software for projects being built for COVID-19-related emergency relief products. The hope is to support the construction industry in flipping hotels, convention centers and more into emergency medical facilities, sans the extra money for software.

Wize tutoring platform

Wize, piggybacking off of a slew of edtech companies offering freebies, is making its tutoring platform for free until the end of the school year. Students who have felt the impact of their school or university shutting down can access a library of exam or test preparation materials.

Springboard career coaching

Edtech startup Springboard is offering a weekly career coaching seminar for free to help job seekers prepare for a “post-pandemic economy.” The AMA will be held every Wednesday, starting April 1 from 12:30 to 1:30pm PST.

Voxel51

Voxel51 is using live, pre-existing cameras to track how preventative measures are being followed around the world. It uses artificial intelligence to give a window into social activity in popular public spaces, and “scores” areas based on social behaviors. It’s a way to track how much people are listening to public health recommendations.

Tech Manitoba and Computers for Schools

When Tech Manitoba, a local nonprofit in Canada, had only eight refurbished computers for the 150 families in need, it knew it needed a bigger solution. Tech Manitoba teamed up with Computers for Schools and is now gifting 200 refurbished, sanitized computers to those in need.

One Planet prayer chain

One Planet, a venture firm, started a global prayer chain. The site, LightUpTheWorld.org, lets people from all over the world post prayers and reflections focused on health and optimism. When you go to the site, the prayer you see is being written and posted in real time by the author.

Stilt low-interest loan

Stilt is a tech startup that claims it gives low-interest loans to immigrants to help them build credit based on requirements beyond Social Security number and credit history. It is offering its customers who are hourly workers, and make less than $ 45,000 a year, an immediate freeze on interest for payments and a forbearance — which is a delay on foreclosure — for two months.


TechCrunch

Microsoft is pulling out of an investment in an Israeli facial recognition technology developer as part of a broader policy shift to halt any minority investments in facial recognition startups, the company announced late last week.

The decision to withdraw its investment from AnyVision, an Israeli company developing facial recognition software, came as a result of an investigation into reports that AnyVision’s technology was being used by the Israeli government to surveil residents in the West Bank.

The investigation, conducted by former U.S. Attorney General Eric Holder and his team at Covington & Burling, confirmed that AnyVision’s technology was used to monitor border crossings between the West Bank and Israel, but did not “power a mass surveillance program in the West Bank.”

Microsoft’s venture capital arm, M12 Ventures, backed AnyVision as part of the company’s $ 74 million financing round which closed in June 2019. Investors who continue to back the company include DFJ Growth and OG Technology Partners, LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and Eldridge Industries.

Microsoft first staked out its position on how the company would approach facial recognition technologies in 2018, when President Brad Smith issued a statement calling on government to come up with clear regulations around facial recognition in the U.S.

Smith’s calls for more regulation and oversight became more strident by the end of the year, when Microsoft issued a statement on its approach to facial recognition.

Smith wrote:

We and other tech companies need to start creating safeguards to address facial recognition technology. We believe this technology can serve our customers in important and broad ways, and increasingly we’re not just encouraged, but inspired by many of the facial recognition applications our customers are deploying. But more than with many other technologies, this technology needs to be developed and used carefully. After substantial discussion and review, we have decided to adopt six principles to manage these issues at Microsoft. We are sharing these principles now, with a commitment and plans to implement them by the end of the first quarter in 2019.

The principles that Microsoft laid out included privileging: fairness, transparency, accountability, non-discrimination, notice and consent, and lawful surveillance.

Critics took the company to task for its investment in AnyVision, saying that the decision to back a company working with the Israeli government on wide-scale surveillance ran counter to the principles it had set out for itself.

Now, after determining that controlling how facial recognition technologies are deployed by its minority investments is too difficult, the company is suspending its outside investments in the technology.

“For Microsoft, the audit process reinforced the challenges of being a minority investor in a company that sells sensitive technology, since such investments do not generally allow for the level of oversight or control that Microsoft exercises over the use of its own technology,” the company wrote in a statement on its M12 Ventures website. “Microsoft’s focus has shifted to commercial relationships that afford Microsoft greater oversight and control over the use of sensitive technologies.”

 

 


TechCrunch

Created by R the Company. Powered by SiteMuze.