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On Thursday, Facebook announced via a post on its engineering page that it has revamped the Thrift framework it built in 2006 (which has since become an Apache project) and is re-releasing it as open source code via GitHub under the fbthrift moniker. Thrift was created as a tool for helping build distributed applications that need to call different services written in different languages. Although it has been very useful, the post’s author explains, Facebook and other Thrift users ran into performance issues and feature deficiencies that have been resolved with fbthrift.

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Manoj Saxena, the former head of IBM’s Watson business unit has joined The Entrepreneur’s Fund, a Silicon Valley venture firm that makes early stage investments. There Saxena will lead investments in cognitive computing apps, especially those built on the Watson data analytics platform. We’ve covered the launch of cognition as a service and machine learning in multiple stories, and can’t wait to see those investments. Saxena will also act as advisor to IBM’s own Watson fund and co-invest with it.

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A security startup called Elastica came out of stealth mode on Tuesday, and brought with it $6.3 million in venture capital from the Mayfield Fund. Elastica tries to protect corporate data scattered across the dozens of cloud services companies might be using and, like so many other security startups, is touting its use of data science techniques to accomplish its goal. Elastica does have an impressive pedigree, though, both with the Ph.Ds. on its founding team and with advisers including Rayid Ghani (Obama for America, Edgeflip), Tom Reilly (ArcSight, Cloudera), M.C. Srivas (MapR) and Ion Stoica (UC Berkeley, Conviva, Databricks).

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Intel has launched its latest top-of-the-line chips for servers. These are the bruisers that make up the silicon in high performance computing and super fast financial transactions. The Xeon E7v2 class of chips features up to 15 cores, a massive amount of in-memory data capacity to make processing large amounts of data on chip possible, and performance that’s twice the average of the previous generation of chips. These processors hold a few surprises, as the Register details in its in-depth exploration of the silicon and the business case.

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Cisco reported financial results Wednesday and while the company saw a drop in both revenue and profits, the company is investing in the internet of things. Cisco said it has allocated $100 million to invest in early stage companies to help it move the connected world forward. The company has already said it expects the internet of everything to drive growth in its services revenue from 20 percent of total sales to 30 percent, and has announced, but not delivered an entirely new architecture for a world of connected devices speaking to the cloud.

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According to venture legend John Doerr, Google is designing its own silicon for its data centers. But he stopped short of confirming rumors that the search giant was designing ARM-based chips as was reported in December. Doerr, speaking at a chip conference, also said that Facebook would be next. He’s right. Computing is the primary cost for Google, Amazon Web Services and Facebook and designing their own silicon could lower that cost. And thanks to more modular designs and advances in the ARM architecture, the cost of designing custom chips has fallen into a range where the benefits outweigh design costs.

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