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Empower
Transform
Ignite
Amplify
Elevate
Innovate
Catalyze
Revolutionize
Enhance
Optimize
Steemit, a distributed app designed to reward content creators, has laid off 70 percent of its staff citing “the weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and the growing costs of running full Steem nodes.” The remaining team will focus on reducing server costs by shrinking the size […]
One of the year’s largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million. The bulk of the deal comes via a previously announced investment from Tencent which, alongside PE firm KKR, agreed to invest $175 million. Added to that, Voyager has pulled in a further $40 million from International Finance […]
In September, Amazon launched its Alexa Gadgets Toolkit into beta, allowing hardware makers to build accessories that pair with Amazon Echo over Bluetooth. Today, one of the most memorable (and quite ridiculous) examples of that technology is going live. Yes, I’m talking about the Alexa-enabled Big Mouth Billy Bass, of course. You know, the talking fish […]
The legal bill for Uber’s 2016 data breach, which affected some 57 million customers, revealing names, email address and phone numbers, has increased by more than a million dollars. Two months ago the ride-hailing giant agreed to pay $148M to resolve legal inquiries pertaining to the breach in the U.S., with that settlement covering all 50 states and […]
Google may have dodged a raised right hand moment on the Hill this year as top executives from Twitter and Facebook faced Congress, but the company will now have its own time in the hot seat. First reported by the Washington Post, Google CEO Sundar Pichai will appear before the House Judiciary Committee on December 5, […]
Augmented reality is a very buzzy space, but the fundamental technologies underpinning it are pushing boundaries across a lot of other verticals. Tech like machine learning, object recognition and visual mapping tech are the pillars of plenty of new ventures, enabling there to be companies that thrive in the overlap. Phiar (pronounced fire) is building […]
More than a year after patches were released to thwart powerful NSA exploits that leaked online, hundreds of thousands of computers are unpatched and vulnerable. First they were used to spread ransomware. Then it was cryptocurrency mining attacks. Now, researchers say that hackers are using the leaked tools to create an even bigger malicious proxy […]
Earlier this year, Rebecca Liebman impressed a panel of high-profile investors, including Ashton Kutcher and Salesforce chief executive Marc Benioff, at a SXSW pitch competition. She won and Benioff wrote her a check for $200,000 on the spot. Today, she’s announcing that her educational fintech startup LearnLux has closed a $2 million seed round from Kutcher’s […]
After eight years of bootstrapping, Deputy sought scale. So the workforce management platform turned to venture capital, quickly raising a $25 million Series A in early 2017. Today, Deputy is announcing a major accomplishment: the close of an $81 million round — the largest Series B in Australian history. IVP has led the investment for […]
