Month: October 2020

You can start a venture fund if you’re not rich; here’s how – TechCrunch

For years — decades, even — there was little question about whether you could become a venture capitalist if you weren’t comfortable financially. You couldn’t. The people and institutions that invest in venture funds want to know that fund managers have their own “skin in the game,” so they’ve long required a sizable check from the investor’s own pocket before jumping aboard. Think 2% to 3% of the fund’s total assets, which often equates to millions of dollars.

In fact, five years ago, I wrote that the real obstacle to becoming a venture capitalist has less to do with gender than with financial inequality. I focused then on women, who are paid less (especially Black and Hispanic women), and who possess less wealth. But the same is true of anyone of lesser means.

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Black Friday 2020: The Best Tech Deals

The holiday shopping season is approaching and many retailers will be participating in Black Friday sales. This guide can help you figure out where and how to shop to find the best bargains.

Image: Getty Images/iStockphoto

Many shoppers look forward to Black Friday and Cyber Monday every year. After all, it’s one of the best times to get that holiday shopping list whittled down without breaking the bank. The 2020 holiday shopping season is likely to look a little different than previous years due to the COVID-19 pandemic. In years past, many retailers such as Walmart, Target, and Best Buy started Black Friday deals on Thanksgiving evening, but that will not be the case this year as they will be closed for the holiday

Even though shopping this year might shift from in-store to online for many, there are still plenty of deals to take advantage of. This guide

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World Economic Forum and GBBC launch comprehensive effort to survey global blockchain standards

The Global Standards Mapping Initiative will catalog outputs from more than 30 technical standards-setting entities, 185 jurisdictions, and almost 400 industry groups.

Image: Getty Images/iStockphoto

An initiative has been started to gain a better understanding of the blockchain standards landscape globally. Led by the Global Blockchain Business Council and the World Economic Forum, the Global Standards Mapping Initiative is a joint effort seeking to map and assess the current blockchain and digital asset landscape in three distinct areas: Legislation and guidance released by sovereign or international bodies, industry best practices and standards, as well as technical standards.

“While the blockchain technology and digital assets industry has grown tremendously, a lack of clarity around standards, policies, and frameworks threatens to slow progress,” said Sofia Arend, senior analyst with the Global Blockchain Business Council, in an interview. 

“In light of this, industry leaders came together to launch the GSMI and lay the

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5 ways digital business will change in 2021

COVID-19 made what was once optional into a mandatory part of business strategy, and 2021 will only move the needle further to the digital side, Forrester predicts.

Image: Olivier Le Moal, Getty Images/iStockphoto

Forrester has released its predictions for digital business in 2021, and it sees big changes coming as the post-pandemic era continues to rapidly transform the business landscape. “What many considered optional became imperative overnight,” Forrester said of digital business, citing that one retailer saw five years’ worth of digital adoption happen in only five months due to COVID-19 lockdowns. 

2021 is the year, Forrester predicts, the majority of businesses will invest in having a full-fledged digital presence.

Like other reports comprising Forrester’s larger portfolio of 2021 predictions, this one on digital business breaks down into five key points.

1. 20% of worldwide businesses will create digital divisions

Digital engagement will become the number one driver

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Why 2021 will be the year of low-code

Companies need to put cloud and low-code projects back at the top of the priority list.

Low-code will make it to the mainstream in 2021 with 75% of development shops adopting this platform, according to Forrester’s 2021 predictions for software development. This shift is due in part to the new working environment and product demands caused by the COVID-19 crisis. Forrester analysts found that “enterprises that embraced low-code platforms, digital process automation, and collaborative work management reacted faster and more effectively than firms relying only on traditional development.” 

SEE: Top 5 programming languages for systems admins to learn (free PDF) (TechRepublic)

The report identified these drivers behind the increase in low-code adoption:

  • Large service providers geared up to guide enterprises to effectively embrace these platforms
  • Enterprises and their partners using low-code platforms to deliver mission-critical applications including modernizing old core apps 
  • The first success stories about big citizen developer programs
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Ford announces Active Drive Assist pricing, package options, and more

The company also detailed an “early adopter incentive” and over-the-air software update information.

Image: Ford

On Friday, Ford Motor Company announced the pricing for its driver-assistance technology. Ford’s Active Drive Assist system leverages a suite of technologies including camera and radar to enable hands-free driving. Ford also announced vehicle package options, early adopter pricing discounts, scheduling information for over-the-air software updates, and more.

“As breakthroughs in new technology allow us to help reduce the stress of long highway drives, it’s important to make sure these capabilities can be enjoyed by the largest spread of people possible,” said Hau Thai-Tang, chief product platform and operations officer at Ford Motor Company, in a press release.

SEE: TechRepublic Premium editorial calendar: IT policies, checklists, toolkits, and research for download (TechRepublic Premium)

Ford’s Active Drive Assist: Pricing packages and more

The 2021 F-150 and 2021 Mustang Mach-E will be the first Ford models to

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