Indian Coast Guard 2019 – Apply Online for Navik (DB) 10th Entry – 02/2019 Batch

Indian Coast Guard released online link for the posts of Navik (DB) - 10th Entry 02/2019 Batch.

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Indian Coast Guard Navik Recruitment 2019 – Apply Online for 10th Entry – 02/2019 Batch

Indian Coast Guard released online link for the posts of Navik (DB) - 10th Entry 02/2019 Batch.

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Apple's standalone $999 Pro Stand for its Pro Display XDR does not offer any groundbreaking functionality to justify its price tag (Devindra Hardawar/Engadget)

Devindra Hardawar / Engadget:
Apple's standalone $999 Pro Stand for its Pro Display XDR does not offer any groundbreaking functionality to justify its price tag  —  You can pinpoint the exact moment when Apple lost the WWDC audience on Monday.  John Ternus, the company's VP of hardware engineering …

Apple just made these iPhones, iPads and Watch obsolete

http://bit.ly/2Z5To63

SentinelOne raises $120M for its fully-autonomous, AI-based endpoint security solution

Endpoint security — the branch of cybersecurity that focuses on data coming in from laptops, phones, and other devices connected to a network — is an $8 billion dollar market that, due to the onslaught of network breaches, is growing fast. To underscore that demand, one of the bigger startups in the space is announcing a sizeable funding round.

SentinelOne, which provides real-time endpoint protection on laptops, phones, containers, cloud services and most recently IoT devices on a network through a completely autonomous, AI-based platform, has raised $120 million in a Series D round — money that it will be using to continue expanding its current business as well as forge into new areas such as building more tools to automatically detect and patch software running on those endpoints, to keep them as secure as possible.

The funding was led by Insight Partners, with Samsung Venture Investment Corporation, NextEquity participating, alongside all of the company’s existing investors, which include the likes of Third Point Ventures, Redpoint Ventures, Data Collective, Sound Ventures and Ashton Kutcher, Tiger Global, Granite Hill and more.

SentinelOne is not disclosing its valuation with this round, but CEO and co-founder Tomer Weingarten confirmed it was up compared to its previous funding events. SentinelOne has now raised just shy of $130 million, and PitchBook notes that in its last round, it was valued at $210 post-money.

That would imply that this round values SentinelOne at more than $330 million, likely significantly more: “We are one of the youngest companies working in endpoint security, but we also have well over 2,000 customers and 300% growth year-on-year,” Weingarten said. And working in the area of software-as-a-service with a fully-automated solution that doesn’t require humans to run any aspect of it, he added, “means we have high margins.”

The rise in cyberattacks resulting from malicious hackers exploiting human errors — such as clicking on phishing links; or bringing in and using devices from outside the network running software that might not have its security patches up to date — has resulted in a stronger focus on endpoint security and the companies that provide it.

Indeed, SentinelOne is not alone. Crowdstrike, another large startup in the same space as SentinelOne, is now looking at a market cap of at least $4 billion when it goes public. Carbon Black, which went public last year, is valued at just above $1 billion. Another competitor, Cylance, was snapped up by BlackBerry for $1.5 billion.

Weingarten — who cofounded the company with Almog Cohen (CTO) and Ehud Shamir (CSO) — says that SentinelOne differs from its competitors in the field because of its focus on being fully autonomous.

“We’re able to digest massive amounts of data and run machine learning to detect any type of anomaly in an automated manner,” he said, describing Crowdstrike as “tech augmented by services.” That’s not to say SentinelOne is completely without human options (options being the key word; they’re not required): it offers its own managed services under the brand name of Vigilance and works with system integrator partners to sell its products to enterprises.

There is another recurring issue with endpoint security solutions, which is that they are known to throw up a lot of false positives — items that are not recognized by the system that subsequently get blocked, which turn out actually to be safe. Weingarten admits that this is a by-product of all these systems, including SentinelOne’s.

“It’s a result of opting to use a heuristic rather than deterministic model,” he said, “but there is no other way to deal with anomalies and unknowns without heuristics, but yes with that comes false positives.” He pointed out that the company’s focus on machine learning as the basis of its platform helps it to more comprehensively ferret these out and make deductions on what might not otherwise have proper representation in its models. Working for a pilot period at each client also helps inform the algorithms to become more accurate ahead of a full rollout.

All this has helped bring down SentinelOne’s own false positive rate, which Weingarten said is around 0.04%, putting it in the bracket of lower mis-detectors in this breakdown of false positive rates by VirusTotal:

“Endpoint security is at a fascinating point of maturity, highlighting a massive market opportunity for SentinelOne’s technology and team,” said Teddie Wardi, Managing Director, Insight Partners, in a statement. “Attack methods grow more advanced by the day and customers demand innovative, autonomous technology to stay one step ahead. We recognize SentinelOne’s strong leadership team and vision to be unique in the market, as evidenced through the company’s explosive growth and highly differentiated business model from its peer cybersecurity companies.”

By virtue of digesting activity across millions of endpoints and billions of events among its customers, SentinelOne has an interesting vantage point when it comes to seeing the biggest problems of the moment.

Weingarten notes that one big trend is that the biggest attacks are now not always coming from state-sponsored entities.

“Right now we’re seeing how fast advanced techniques are funnelling down from government-sponsored attackers to any cyber criminal. Sophisticated malicious hacking can now come from anywhere,” he said.

When it comes to figuring out what is most commonly creating vulnerabilities at an organization, he said it was the challenge of keeping up to date with security patches. Unsurprisingly, it’s something that SentinelOne plans to tackle with a new product later this year — one reason for the large funding round this time around.

“Seamless patching is absolutely something that we are looking at,” he said. “We already do vulnerability assessments today and so we have the data to tell you what is out of date. The next logical step is to seamlessly track those apps and issue the patches automatically.”

Indeed it’s this longer term vision of how the platform will be developing, and how it’s moving in response to what the current threats are today, that attracted the backers. (Indeed the IoT element of the “endpoint” focus is a recent additions.

“SentinelOne’s combination of best-in-class EPP and EDR functionality is a magnet for engagement, but it’s the company’s ability to foresee the future of the endpoint market that attracted us as a technology partner,” a rep from Samsung Venture Investment Corporation said in a statement. “Extending tech stacks beyond EPP and EDR to include IoT is the clear next step, and we look forward to collaborating with SentinelOne on its groundbreaking work in this area.

In10 Media to launch global video service for documentaries

DocuBay will be available in India with a global catalogue for Indian audiences, and several titles exclusive to the country. http://bit.ly/2QNU9Od https://ift.tt/eA8V8J

ETtech Top 5: Udaan's credit foray, Personal finance for millennials & more

A closer look at today's biggest tech and startup news and why they matter. http://bit.ly/2WMm9Ya https://ift.tt/eA8V8J

At Facebook's annual shareholder meeting last week, 68% of outside shareholders voted in favor of ousting Mark Zuckerberg as chairman, up from 51% last year (Jake Kanter/Business Insider)

Jake Kanter / Business Insider:
At Facebook's annual shareholder meeting last week, 68% of outside shareholders voted in favor of ousting Mark Zuckerberg as chairman, up from 51% last year  —  - It's now clear that independent Facebook investors voted overwhelmingly in support of proposals last week to fire Mark Zuckerberg …

YouTube investigation finds that the flagged Steven Crowder videos, which include homophobic slurs aimed at Vox's Carlos Maza, do not violate its policies (Nick Statt/The Verge)

Nick Statt / The Verge:
YouTube investigation finds that the flagged Steven Crowder videos, which include homophobic slurs aimed at Vox's Carlos Maza, do not violate its policies  —  The company sides with edgy commentator Steven Crowder  —  YouTube has at last formally responded to an explosive …

Apple forces developers to place its login button above Google, Facebook

The move to give Apple prime placement is significant because users often select the default or top option on apps. And Apple will force apps to offer its button if they want to offer options to login with Facebook or Google. http://bit.ly/2wEN612 https://ift.tt/eA8V8J

Facebook may be ordered to remove hateful posts worldwide

The case, which was brought by an Austrian Green party politician seeking to scrub defamatory comments from the platform, is the latest to question how far social media companies must go to police online content. http://bit.ly/2JYvDts https://ift.tt/eA8V8J

Share of electronics dip in e-tail pie as groceries grow

The share of mobiles and electronics has dropped to 38% in the Jan-Mar quarter of 2019 from 45% in the same time last year, according to a report. http://bit.ly/2MwPgL4 https://ift.tt/eA8V8J

India’s leadership in e-payments cemented by strong rules: RBI

The Aadhaar-enabled electronic Know Your Customer and the smartphone revolution has also helped explosion in digital payment options, RBI said in a study. http://bit.ly/2JX1Jp9 https://ift.tt/eA8V8J

Panel suggests roping in local retailers to act as cash points

With banks already cutting down on their ATM deployment, such a model may replace teller machines as the primary source of cash in semiurban centres, say bankers and industry experts. http://bit.ly/2MszEbu https://ift.tt/eA8V8J

Uber eats Uber Eats, embedding it in the main app

Uber’s best hope to beat all its ride sharing and food delivery competitors is that it does both. Through cross-promotion, it can combine activities people might only do a few times per week or month into a product they open daily.

Uber CEO Dara Khosrowshahi said cryptically on the company’s first earnings call last month that “Suffice it to say we are starting to experiment in ways in which we can upsell our ride customers to Eats deals in a way that — you know, to be plain spoken — isn’t annoying . . . I will tell you that we are very, very early in the stages of exploring the many, many ways in which our Ride business can help continue to build our Eats business and vice versa by the way . . . I don’t want to give away too much.”

But TechCrunch has discovered that specifically, Uber is starting to make a web view of Uber Eats accessible from its main app. A tipster in Boston first clued us in to the feature and now Uber confirms that it’s merging a fully functional web version of Uber Eats into its ride-hailing product. Uber quietly began rolling out a pilot of the merged app in late April. Uber Eats app will remain available as a standalone app.

The move could give Uber a customer acquisition and retention edge on single-product competitors like Lyft or DoorDash, while helping it keep up with multi-product peers like Careem and Bolt (which recently added food delivery), and its biggest global foe Didi from China which just launched food delivery in Uber stronghold Mexico. Combining functionality means Uber’s ride hailing customers could see a promotion for Eats and instantly try it without downloading a new app as their tummy rumbles. It could also get the 50% of Eats customers who don’t ride in Ubers to try it for transportation.

“We’re rolling out a new way to order Eats directly in the Uber app on Android (we’ve already been experimenting on iOS)” an Uber spokesperson tells me. “This cross-promotion gives riders who are new to Eats a seamless way to order a meal via a webview instead of opening up the App Store for download.”

The merged app is now available to all iOS users in cities where Uber doesn’t offer bikes and scooters that already clutter the interface of its car service app such as SF, LA, and NYC. The Android version is out to 17% of riders in Uber’s 500 other markets with the goal of the cross-promotional tool being available to all riders outside of micromobility cities soon.

A third of all Boston riders should have the feature by June 5th, while a third of riders in more markets like Washington D.C. and Atlanta will get it a week later. Uber plans to roll the feature out to all markets  (except for Japan). And eventually Uber wants all its Eats markets to sport the cross-promotion in its main app.

“We believe our platform model allows us to acquire, engage and retain customers with the cost, as well as efficiency and effectiveness advantage over our rivals, typically monoline competitors” Khosrowshahi said on the earnings call. “What we found is that with Rides and Eats . . . we are seeing early signal where essentially you can have very little if any cannibalization of a Ride and throw a significant amount of potential demand onto the Eats side.”

The CEO also mentioned Uber’s loyalty and subscription programs are vital to cross-promotion. Its Uber Rewards that rolled out in January earns users points for both rides and food orders, and higher reward tiers score users free Eats deliveries that could get them hooked on the convenience. And last month, TechCrunch broke the news of Uber prototyping a $9.99 Uber Eats Pass subscription that offers unlimited free Eats deliveries.

“Really what we are looking to do is significantly increase the percentage of our MAPCs [monthly active platform consumers] that use both products [ride-hailing and Eats] and when we see customers using more than one product, their engagement with the platform more than doubles” Khosrowshahi concluded on the call. “So not only does engagement with Uber increase, but the engagement with our individual products increases as well, so it’s kind of a win, win, win.”

Uber’s market is all about lifetime value. If it can lock users in now, it could earn a fortune off them in the decades to come. That’s why it’s spending so much on marketing and expansion now even if it means racking up earnings losses. But its best (and cheapest) marketing channel is likely cross-promotion through the apps it’s already gotten people to install.