Welcome to the IoT weekly round-up. This week, net neutrality is in the news once again as Senators plan to oppose the FCC’s recent decision to scrap it. Meanwhile, cryptocurrencies are going belly-up, and there’ll soon be new speech recognition technology designed for children’s voices.
Senate leaders back plan to restore net neutrality
On 14 December, the FCC voted to end net neutrality. As suspected, the order was far from unopposed, and now 49 Democrat Senators and one Republican are ready to voice their disapproval officially. Just one more vote is needed to send the bill, led by Senator Ed Markey, to the House of Representatives.
Cryptocurrencies see dramatic loss in value
It’s long been on the cards, and now Bitcoin is crashing, amid concerns of a potential trading ban in South Korea. That said, no one’s really sure what’s behind the dramatic shift in value – such is the volatile nature of cryptocurrencies. Bitcoin is down about 15 percent, hovering below the $ 10,000 mark, leaving December’s giddy heights of around $ 20,000 far behind. Ethereum, meanwhile fell by 20 percent.
True Fit personalization platform raises $ 55 in Series C funding
Machine learning has a place in the fashion industry, if True Fit’s recent financial success is anything to go by. The clothing and footwear personalization platform has just raised $ 55 million in Series C funding. The idea is to help online shoppers find clothes that fit properly – by matching data on clothes they’ve bought previously with the ones they’re considering for their next purchase. 100 data points pulled from major clothing brands use AI to help shoppers find clothes that suit their taste and body shape.
SoapBox is creating speech recognition technology especially for children
It’s not something I’ve thought about before, but most speech recognition technology is built for adults. It just doesn’t work that well for kids. That is, until now. SoapBox Labs, an Irish startup, is creating speech technology designed to accommodate children’s higher pitched voices and characteristic speech patterns. The company plans to offer its tech to other hardware and app developers, supporting voice-recognition for home IoT devices, AR/VR and smart toys.
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