Day: May 2, 2020

Namely, a former high flier, slashes staff as demand for its HR software dries up in the pandemic – TechCrunch

Namely, an eight-and-a-half-year-old, New York-based company that sells payroll, talent management and other HR services to mid-size businesses across the U.S. via subscription software, has let go of upwards of 40% of its employees.

The cuts are across the board, from high-ranking staffers, including a CFO who was brought on almost exactly two years ago, and a chief security officer who has spent just the last year with the company, to its entire customer success team.

Namely CEO Larry Dunivan says the company had reduced executive pay five weeks ago, hoping to avoid layoffs, but that the coronavirus and its impact on the business made that impossible.

In a call earlier today, Dunivan — who joined Namely last summer — declined to specify exactly how many employees were just let go. Prior to the cuts, Namely employed roughly 400 people, according to LinkedIn.

He did talk about the

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OpenAI unveils neural network capable of creating music and releases debut mixtape

Training Jukebox involved creating a dataset of more than one million songs including LyricWiki lyrical information and metadata, the research lab says.

The artificial intelligence research organization, OpenAI, made headlines this week announcing the release of Jukebox, a neural network capable of creating original music and even “rudimentary singing” (or at least something akin to singing). This specific program generates original tunes in a vast range of genres and even emulates the styles of popular artists.

Training Jukebox involved creating a dataset of more than one million songs including LyricWiki lyrical information and metadata, according to OpenAI. This metadata accounts for genre, artist, the year the song was released, as well as moods and keywords associated with playlists featuring these songs.

The research lab trains Jukebox with English lyrics and predominantly “Western music,” however, it hopes to include a more diverse sample of music in the future,

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Microsoft catches cybercriminals adding malware to “John Wick 3,” “Contagion” torrents

In a Twitter thread, Microsoft warned people in Spain and South America to watch what they torrent.

With everyone spending a lot more time in front of the TV at home these days, thanks to COVID-19, streaming sites and torrents have seen record booms in interest. Countries around the world are seeing huge spikes in torrent downloads of movies, games, and music as people find ways to pass the time inside.
 
Cybercriminals have taken notice as well, increasingly lacing popular movie torrents with dangerous malware that can damage your device.
 
In a recent thread on Twitter, Microsoft Security Intelligence wrote at length that the team saw malware attached to torrents for popular “John Wick 3” and “Contagion” in Spain, Mexico, and a number of South American countries.
 
“With lockdown still in place in many parts of the world, attackers are paying attention to the increase in use of pirate

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Phishing attacks spoof Microsoft Teams to steal user credentials

Attackers are exploiting the surge in the use of Microsoft Teams in an attempt to trap unsuspecting users, says Abnormal Security.

Cybercriminals have been taking advantage of virtually every aspect of the coronavirus to try to increase business. Among other consequences, the need to quarantine and work from home has triggered a surge in demand for virtual meeting and video chatting apps, including the business-oriented Microsoft Teams. A new phishing campaign discovered by security provider Abnormal Security is exploiting the greater use of Teams as a way to hijack Microsoft account credentials.

SEE: Coronavirus: Critical IT policies and tools every business needs (TechRepublic Premium) 

In a blog post published on Friday, Abnormal Security found a series of convincing emails designed to spoof notification messages from Microsoft Teams.

In one campaign, the phishing email includes a link to a document on a domain used by a legitimate email marketing

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How graph databases help analyze complex relationships

Sometimes, traditional databases and analytics aren’t right for your data. Here’s a different option that may work.

Last year, Gartner Research listed graph analytics as one of the top ten data and analytics trends. Gartner said graph databases “will increasingly be used to navigate existing and newly discovered relationships more efficiently than relational processing over the next two to three years. 

Graph analytics is an emerging form of data analysis that works particularly well with complex relationships, according to Oracle.com. It involves moving data points and relationships between data points into a graph format and codes queries more efficiently, and it can output results in an easy-to-digest visual format.

The rise of graph databases corresponds to the changes in organizations about how data is viewed.

SEE: 13 things that can screw up your database design (free PDF) (TechRepublic)

Increasingly, data and the relationships it establishes are being seen

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COVID-19 triggering a massive shift in adoption of low-code platforms

Experts say enterprises in every industry are looking for ways to build out services faster.

With businesses across industries looking for ways to connect to users or customers digitally and IT departments strapped for time, thousands are turning to low-code platforms because of their ability to help less experienced users easily build complex web applications quickly.
 
Leaders in the industry are seeing large increases in adoption since the COVID-19 outbreak forced millions to work and learn from home. 
 
Healthcare institutions have found new life in creating telehealth platforms for those in need of urgent information and educational organizations have been able to deal with budget-challenged IT departments by giving teachers the freedom to create the tools they need. 
 
“COVID-19 has changed things in some ways because it’s prompting a bit more creativity due to constraints that have been thrown on everybody, whether they’re economic constraints based on concerns for where

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