Reddit Sprinklr Ads API, Greptile $4.1M, Commando Cat Cryptojacking
The API Changelog issue 2024.24
This is issue 2024.24 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 week of June 3, 2024. Subscribe now, so you never miss an issue of the API Changelog.
Highlight of the week
Reddit forms a new Ads API partnership with Sprinklr, enhancing campaign effectiveness and insights on Sprinklr's platform. Sprinklr's integration allows direct access to Reddit ad solutions, potentially increasing adoption and experiments with Reddit's ad offerings.
The partnership allows Sprinklr customers to access real-time public conversations on Reddit, providing them with enhanced feedback, sentiment, trends, and competitive insights. As Reddit's first advertising API partner, Sprinklr customers can integrate Reddit into their advertising strategies and campaigns. The partnership aims to help enterprise brands integrate Reddit as a core pillar of their brand and marketing strategies. Reddit's vice president of business development, Jonathan Flesher, expressed excitement about the partnership, stating that it will connect customers to the most relevant, engaged, and real conversations on the internet.
See additional coverage on businesswire, TipRanks, and destination CRM.
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Announcements
A leaked code snippet suggests Google's AI Gemini may soon incorporate Spotify's music streaming service, hinting at functions like enhanced music search and voice-controlled playback. While neither company has confirmed, the presence of Spotify API references in the leaked code ignites speculation of an AI-powered, personalized music experience.
Tesla introduced an API feature using the cabin camera to detect vehicle occupancy without accessing specific details. They also unveiled a Guest Mode possibly linked to future Robotaxi services, mirroring fleet management capabilities like Hertz's.
Google Ads API version 17 includes new features for Performance Max campaigns, match type reporting, and policy changes. The update follows version 16.1 and has sunset the AdWords API since April 2023.
LenderDock Inc. announces a partnership with National General Lender Services, to provide a custom API for high-volume insurance policy verification. The connexAPI by LenderDock will enhance efficiency and alignment between mortgage servicers and the insurance industry through digitized policy validation.
B2B travel marketplace PKFARE, a DerbySoft Company, launched a branded fares solution with three tiers - Original, Plus, and Max. The solution offers 20 airlines' fare options through PKFARE Flight API, aiming to boost revenue and improve booking transparency for travelers.
The Baldwin Group partners with Limit to launch Cyber Navigator, a rapid digital cyber insurance platform. Cyber Navigator provides instant quotes and comparative cost analysis via API to simplify insurance procurement. See additional coverage on StreetInsider and businesswire.
Event organizers can now use Zapier for efficient data integration between Movemint and tools like Klaviyo and QuickBooks. Movemint offers a modern, flexible platform that helps boost event registrations and manage donations with ease.
Pinterest now allows VTEX users to integrate their catalogs, creating pins, and tracking conversions. The partnership enables direct product visibility on Pinterest and leverages social commerce to establish consumer connections.
Cloudsquare launches 14 new Lender APIs for alternative lending, promising increased submission speed and efficiency. These APIs will enable real-time updates, document retrieval, and higher approval rates by matching the right lender for each deal.
Funding and M&A
Cube secured $25 million to enhance its semantic layer platform for data management and analysis. The investment aims to simplify complex data tasks for developers and analysts.
Greptile, a firm specializing in AI-powered code searches secured $4.1M in seed funding to enhance operations and development. The funding round included leaders like Initialized Capital and tech veterans, while the company's API and tools support nearly 400 software teams.
AI
JD Sports, a leading global retailer, embarks on transformative omnichannel re-platforming with Algolia's AI Search solution. Algolia's technology aims to provide JD customers with a personalized, seamless shopping experience across all platforms.
At its MozCon 2024 conference, Moz unveiled AI-driven updates to enhance SEO tools and user experience. They launched Moz AI to streamline workflows and introduced new, affordable API plans starting at $5 per month. See related coverage on Search Engine Journal.
The Insiders build of Visual Studio Code version 1.90 features new APIs for enhanced chat AI in extensions. Extension authors can now create intelligent assistants with contextual chat and code suggestions within the editor.
Microsoft is launching an official OpenAI library for .NET, supporting the full API and GPT-4o. The OpenAI .NET API library, now in beta on NuGet, offers synchronous and asynchronous access to OpenAI's REST API. See additional coverage on SDTimes.
Fintech
Plend, a B Corp certified UK lender, premiered its 'powered by Plend®' API, enabling partners to embed affordable, sustainable credit. The API offers a direct alternative to BNPL, utilizing Plend's PLEND Score® to assess creditworthiness using open banking data. See additional coverage on The Fintech Times.
Capital One partnered with fintechs, approved over a billion in transactions, and introduced a Direct Data Share API to fight fraud. If other institutions follow suit, the secure e-commerce potential is vast, but limited if exclusive to Capital One. See additional coverage on TechCrunch.
BitMEX adds transactTime to its L2 and L25 order-book feeds, promising better accuracy for traders. The feature rolls out on June 11, 2024, signaling BitMEX's drive for market efficiency and informed trading.
The BCRA has launched the Reported Checks API, aiming to enhance financial transparency and security in Argentina. The API allows users to check for lost, stolen, or altered checks and provides a list of banks with their codes.
Plaid unveiled its Consumer Report providing real-time cash flow data and credit insights to assist lending decisions. The solution enables companies to integrate financial data into their systems with a single API, offering a holistic view of a consumer's financial health.
Security
Security researcher Sam Curry revealed serious vulnerabilities in Cox modems allowing potential unauthorized device access and command execution. Cox quickly patched the issues after Curry's responsible disclosure, and there's no sign of exploitation. See additional coverage on cybernews, Bank Info Security, DarkReading, BleepingComputer, the Cyber Express, and SC Media
Netskope has enhanced its cloud-native platform, Netskope One, for better SaaS security in the GenAI era. The updates advance its CASB module, providing granular risk visibility for the increasing use of SaaS and GenAI apps in enterprises.
Synopsys researchers revealed a prompt injection flaw in EmailGPT, potentially allowing attackers to manipulate outputs. SiliconANGLE reports that the vulnerability could expose sensitive information or trigger unintended actions.
The "Commando Cat" campaign targets exposed Docker API servers to deploy miners, utilizing Docker images from the Commando project. Researchers from Trend Micro warn of the cryptojacking attack that gains host system access and urges adherence to Docker security practices. See additional coverage on Trend Micro.