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81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...
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Samsung opens its Bixby assistant to developers

Samsung has been suffering through a lot of catch-up in the voice assistant race, but at its annual developer conference the company placed a major emphasis on how it’s expanding the scale and effectiveness of its Bixby assistant.


The company announced that Bixby would be coming to more devices and more languages with third-party developers finally gaining access to building functionality for the AI assistant.


“For the first time we are opening Bixby to all of you, our developers,” Samsung EVP Eui-Suk Chung announced onstage.


The company is pledging to bring the assistant to watches, refrigerators, tablets, washing machines and more, and in the coming months will be adding support for five additional languages. While these promises seemed to sit a bit further down the line, the company was ready to talk about their Bixby developer kit during the keynote.


The company announced the release of the Bixby Developer Studio, a set of dev tools that’s “way ahead of the other guys,” Viv Labs CEO/ Siri co-founder Dag Kittlaus told the crowd. The company will also be introducing Bixby Marketplace, a home for users to discover the new functionality of their voice assistant.


Bixby may have a long road ahead to catch up with other companies, but third-party integrations are something that none of the major voice assistant platforms have nailed. If Samsung can continue to invest in the platform and court developers with sophisticated tools, they may have better luck in gaining third-party integrations that feel more ancillary.

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