IBM Buys Software AG iPaaS, Dapta $1M, Stripe Crypto
The API Changelog issue 2024.01
This is issue 2024.01 of the API Changelog, a mix of API news, commentary, and opinion. In this issue, you'll get to know the most relevant API-related information from the weeks of December 19 and 26, 2023. Subscribe now, so you never miss an issue of the API Changelog.
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Announcements
IBM will acquire Software AG's StreamSets and webMethods for €2.13 billion, enhancing its AI and hybrid cloud offerings. The acquisition aligns with IBM's focus on digital transformation, integration software, and AI deployment. See additional coverage on mrweb, Channelpro., Technology, The MorungExpress, Morningstar, The register, Silicon Canals and AIThority.
Ambassador Labs has been recognized as a Niche player in the G2 Winter 2024 Grid Report for API Management, with high customer satisfaction. Their flagship Kubernetes-native API Gateway, Edge Stack, won the '2023 Best in Microservices APIs' Award at the API World conference. See additional coverage on Yahoo!finance.
Flipboard integrates with ActivityPub, initially allowing select accounts to join the fediverse, aiming for full user integration by January. The integration means Flipboard users' curated content will also be posted on their Filboard Mastodon account, with a future view on federated social media's growth.
Jetic unveiled a cloud-native iPaaS in St. Petersburg to enable flexible integration for agile businesses. This platform aims to prevent dependency on specific vendors.
Threads is close to launching a write API to facilitate third-party publishing, pushing towards wider testing and potentially integrating ActivityPub for open connectivity. Meta's backing contributes significantly to Threads' rapid growth, with its long-term sustainability and approach to app development under evaluation as it exceeds 100 million users.
AWS introduced a new Data API for Aurora Serverless v2 and provisioned databases, providing easy access without managing connections. The API supports only the write cluster, has no request limits, and is integrated with AWS AppSync.
Funding
Dapta, led by Nicolás Rojas, raises $1 million for US growth and product enhancement. The firm, simplifying API creation via AI and low-code, has aided 500 firms since February 2023.
AI
ByteDance denied misusing OpenAI's tech, stating their use complied with the terms, but OpenAI suspended their access for review. The incident highlights the delicate dynamics of competition and cooperation in AI innovation, stressing the importance of ethical standards. See additional coverage on Wral News, Yahoo!finance, SCMP, Pandaily, and Yicai Global.
CompanionLink Software launches Gemini Pro™-supported Ad-Free AI Chat on Google Play, providing free API access and ad-free usage. The app features voice commands, no-cost Gemini Pro Chat for 45 days, and unique custom command creation for automating tasks. See additional coverage on CMSWire and Newswires.
Anthropic enhances legal protections for its commercial clients using its AI services, positioning itself against industry titans and securing investor confidence. The company's commitment to both technical advancement and legal assurance sets new standards in the generative AI market.
GPT plugins and weather APIs significantly improve the precision and timeliness of weather forecasts. The article examines their integrated role in advancing meteorological predictions and future prospects.
Lenovo Group released Agent, a new intelligent personal agent, and opened its local foundation model API. This hybrid model agent focuses on human-computer interaction and supports various services across different devices.
Fintech
Stripe is developing APIs for crypto companies to utilize its payment infrastructure and a global network for various crypto transactions. Tim Draper donated $150,000 to the Bitcoin Development Fund, supporting developers advancing Bitcoin's technology.
Baaskit has gained regulatory approval and will introduce a 'Banking as a Service' model in Chile, starting with payment solutions. The service uses API technology to integrate financial services into enterprise systems, enhancing customer loyalty and sales.
Bitcoin Suisse announced new APIs for trading and staking, catering to institutional clients' individualized service integration and customization needs. These APIs, including two new ones, aim to extend Bitcoin Suisse's crypto offerings, allowing institutions to brand the services themselves and streamline digital asset engagement.
OKX introduces API trading for advanced users with ordinals, providing a full SDK for better liquidity and faster trades. The OKX Wallet offers secure, versatile crypto storage across 70+ blockchains with innovative recovery and multi-chain transaction features.
Security
Approov introduces the first App Attestation Solution for Apple WatchOS, enhancing security for wearables to protect against API threats. The company's release also improves their global attestation network and RASP defenses, while simplifying the integration for developers. See additional coverage on StreetInsider.com and Silicon Technology Powering Business.
Data Theorem's Cloud Secure and Mobile Protect SDK won top honors in the 2023 CyberSecured Awards for cloud and mobile API security. The company's solutions, powered by the Analyzer Engine, secure modern applications by continuously analyzing and mitigating security risks. See additional coverage on businesswire, Yahoo!finance, and SecurityBrief.
Open banking in the EU increases fraud risks, with PSD3 aiming to enhance safeguards, but immediate action is required. Banks need to invest in technology and collaborate with regulators to protect consumers and comply with upcoming standards.
Kyber Network cuts its workforce by 50% and maintains core operations, determined to recover after the security breach. They plan to introduce Zap API for DeFi liquidity access while supporting former employees and denying the hacker's control demands.