When you think of old, giant mainframes that sit in the basement of a giant corporation, still doing the same work they did 30 years ago, chances are you’re thinking about a financial institution. It’s the financial enterprises, though, that are often leading the charge in bringing new technologies and software development practices to their employees and customers. That’s in part because they are in a period of disruption that forces them to become more nimble. Often, this means leaving behind legacy technology and embracing the cloud.
At TC Sessions: Enterprise, which is happening on September 5 in San Francisco, Capital One executive VP in charge of its technology operations, George Brady, will talk about the company’s journey from legacy hardware and software to embracing the cloud and open source, all while working in a highly regulated industry. Indeed, Capital One was among the first companies to embrace the Facebook-led Open Compute project and it’s a member of the Cloud Native Computing Foundation. It’s this transformation at Capital One that Brady is leading.
At our event, Brady will join a number of other distinguished panelists to specifically talk about his company’s journey to the cloud. There, Capital One is using serverless compute, for example, to power its Credit Offers API using AWS’s Lambda service, as well as a number of other cloud technologies.
Before joining Capital One as its CTO in 2014, Brady ran Fidelity Investment’s global enterprise infrastructure team from 2009 to 2014 and served as Goldman Sachs’ head of global business applications infrastructure before that.
Currently, he leads cloud application and platform productization for Capital One. Part of that portfolio is Critical Stack, a secure container orchestration platform for the enterprise. Capital One’s goal with this work is to help companies across industries become more compliant, secure and cost-effective operating in the public cloud.
Early-bird tickets are still on sale for $ 249; grab yours today before we sell out.
Student tickets are just $ 75 — grab them here.
Facebook is still dealing with the fallout from a New York Times report outlining the company’s strategy to fight back against criticism, particularly its work with Definers Public Affairs, an opposition research firm with ties to the Republican Party.
That work included a document that Definers sent to reporters suggesting ties between George Soros and progressive political groups criticizing Facebook. The Times story described the broad strokes of the claims made by Definers, but the document itself has not been shared with the public — until today, when it was published by BuzzFeed.
At this point, the contents aren’t particularly revelatory, but the document is still worth reading, since it’s at the center of the recent controversy.
It’s titled “Freedom From Facebook Potential Funding,” and it begins:
Recently, a number of progressive groups came together to form the Freedom From Facebook campaign which has a six-figure ad budget. It is not clear who is providing the large amount of funding for the campaign but at least four of the groups in the coalition receive funding or are aligned with George Soros who has publicly criticized Facebook. It is very possible that Soros is funding Freedom From Facebook.
The document goes on to point out connections between Soros and several of the groups involved in Freedom From Facebook, and it notes Soros’ public criticism of Facebook and Google. On its own, the document seems “largely innocuous” (as BuzzFeed put it), but it’s become controversial for potentially playing into anti-Semitic conspiracy theories about Soros.
A Freedom From Facebook spokesperson has said that no money from Soros was used to fund the campaign — in fact, Axios reported that its initial funding came from David Magerman, a Pennsylvania-based philanthropist and former hedge fund executive.
According to BuzzFeed, this is one of at least two documents that Definers prepared after Soros made critical remarks about Facebook and Google at Davos.
Meanwhile, CEO Mark Zuckerberg and COO Sheryl Sandberg have denied knowledge of Definers’ work for Facebook, and outgoing head of public policy Elliot Schrage took responsibility for hiring the firm. But Facebook later acknowledged that Sandberg had asked the communications team to research Soros’ financial ties after he criticized the company, and reporting by my colleague Taylor Hatmaker suggests that Sandberg was more aware of Definers’ work than initially acknowledged.
When reached for comment, a Facebook spokesperson pointed us to Schrage’s post and said the company has nothing further to add.
George Avery is the owner of Native Rank and LocalSEO. He has over ten years in industry experience in digital media and performance marketing as an executive working with Global Brands. He brings his passion, experience and sharp instincts about SEO and marketing into Native Rank. Native rank has search engine optimization and paid advertising solutions for businesses large and small.