"What tends to happen is somebody's opened a link or clicked on something in an email or on a website, probably quite innocently - and that's triggered an application, that encrypts your information, and won't let you access it unless you have the key. And of course in order to get the key you have to pay lots and lots of money to some nefarious outfit.
With fund sizes increasing, especially in the earlier rounds, there’s more money being invested. But with the continual focus on unicorns, that money is being concentrated in fewer companies. In fact, in the U.S., we’ve seen the number of decks with six or more views drop by nearly a full percentage point from 2018 to 2019. But the trend is the opposite in Europe. The number of pitch decks that are being viewed six or more times is actually on the rise.
"When you have all the money in the world, that's what you want."
“U.S. Attorneys want IRS-CI agents in all of their financial crime cases. The fact of the matter is, if a case involves money and it’s a crime that rises to the federal level, IRS-CI almost always has jurisdiction. There is no better example to this than in tracing cryptocurrency transactions,” he said.
"What we don't want to see is a process bogged down in legal action which could take a long time and cost a lot of money.
S4 Agtech, which offers risk management solutions for agriculture companies, migrated to Google Cloud to save money and time, as well as, scale databases and machine learning models faster. The company uses BigQuery as its data warehouse, and has dramatically reduced storage and processing costs by 80%, while providing customers their analytics results 25% faster. S4 has also gained more time for innovation in helping its customers de-risk crop production, including updating and improving algorithms.
Google has also crammed more advertising onto the top of search results and squeezed money out of businesses like YouTube. And it has pushed aggressively into wooing corporate customers for its cloud computing business, putting it into the kind of lucrative but boring business that early Googlers once sneered at.