The Pleo app pictured on a smartphone next to one of the fintech firm’s corporate cards. Pleo LONDON — There’s a new fintech unicorn in town. Danish start-up Pleo, which sells corporate expense management software and linked “smart” payment cards, has boosted its valuation to $1.7 billion in a $150 million equity financing round. The
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Shares in ride-hailing giant Didi Chuxing crashed as much as 25% in pre-market trading on Tuesday, less than a week after the Chinese app listed on the New York Stock Exchange. The company’s share price fell to $12.06 at 4:46 a.m. Tuesday in pre-market trading, down from $15.53 at the last market close. The fall
Amazon.com founder and CEO Jeff Bezos. Getty Images Ann Hiatt remembers Jeff Bezos didn’t like to sit down for long. As the Amazon CEO’s executive assistant from 2002 to 2005, Hiatt was charged with keeping track of Bezos’ whereabouts. At that time, the fast-growing internet retailer had moved into an Art Deco-style building that was
In this article DSY-ZA Still from Disney’s latest Pixar film “Luca.” Disney While most Americans are breathing a sigh of relief as they return to normal activities outside the home in the wake of the Covid-19 pandemic, the streaming video industry may not be quite as excited for a return to reality. Comcast‘s NBCUniversal, ViacomCBS,
Amazon on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos. Here’s a look at the business Jassy is taking over and the challenges that await him on the job. More than the ‘everything store’ Bezos incorporated Amazon exactly 27 years ago.
Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on US information technology firm Kaseya, its chief executive said on Monday. Fred Voccola, the Florida-based company’s CEO, said in an interview that it was hard to estimate the precise impact of Friday’s attack because those hit were mainly customers
Computer systems of several companies across the world, including 800 physical grocery stores of Sweden’s Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, cyber security experts said. Hackers from the REvil cybercrime gang compromised systems of IT firm Kaseya and malware trickled down to its resellers and reached
An Asian industry group that includes Google, Facebook, and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws. The warning came in a letter sent by the Asia Internet Coalition, of which all three companies, in addition to Apple,
Western Digital (WD) devices running My Cloud OS 3 have been found to be vulnerable due to the existence of a zero-day flaw. The new security loophole, which was discovered by security researchers, has come into the limelight just days after another serious vulnerability led to some users having their data wiped from WD My
Twitter no more enjoys liability protection against user-generated content in India as the US microblogging giant has failed to comply with new IT rules, the Indian government said in a court filing. The statement is the first time Prime Minister Narendra Modi’s administration has officially said Twitter has lost its immunity after repeatedly criticising the company for
Vast powers concentrated in the hands of a few corporations, the spread of fake information and news, threats to privacy, election process and democracy were some of the key issues researchers, policymakers, and users in the US underscored about the social media ecosystem recently. The Social Media Summit at Massachusetts Institute of Technology (MIT) had
Audacity, one of the most popular free audio-editing apps that has been available as an open-source software since May 2000, recently received an updated privacy policy that has raised concerns among users. Some of the users are even calling the app “spyware” for collecting user data specifically for “law enforcement, litigation, and authorities’ requests.” The
The Delhi High Court Tuesday directed Twitter to inform it by July 8 as to when it will appoint a resident grievance officer in compliance with the new IT Rules after the microblogging platform submitted that it was in the process of doing so. Justice Rekha Palli took exception to the fact the court was
Samsung’s smart TVs have changed the way we enjoy content in our homes. From cutting edge technology that enhances your TV viewing experience to beautifully crafted TVs that suit your interiors, Samsung has done it all. India’s No. 1 TV brand is now taking things to the next level with its The Frame TV 2021.
Panasonic JX and JS series TVs have been launched in India. The lineups bring 11 new models ranging from 32 inches to 65 inches. The JX850, JX750, JX650, and JX660 are part of the Panasonic JX series while the JS660 and JS650 are part of the Panasonic JS series. They offer 4K and full-HD resolution
Battlegrounds Mobile India allows players to transfer their data from PUBG Mobile over to the new game, but the feature will be temporarily shut down starting July 6. The game, developed by Krafton, became available to download on Android devices last month in early access and players were pleased to find that they can sort
Stadia made its way to Android TV on June 23 and since then over 50,000 people have downloaded the app from the Google Play store. Google announced early in June that the first version of Stadia, its game streaming service, will be coming to Chromecast with Google TV as well as few other devices such
Ghost of Tsushima Director’s Cut is set to release for PlayStation 5 and PlayStation 4 on August 20. Bundled in the Director’s Cut will be the original game along with all the DLCs that Sucker Punch, the developer of the game, has released to date. PS5 players will also be getting some additional content, including
Battlegrounds Mobile India developer Krafton has shared an update on its plans for an esports ecosystem in India. In November, Krafton said it plans on making $100 million (approximately Rs. 746 crores) investments in India to improve the local video game, e-sports, and other industries. Today it confirmed that it has invested $22.5 million (approximately
Apex Legends servers have been hacked in an attempt to save Titanfall — a seven-year-old game that is almost unplayable now due to multiple hacks. Apex Legends players have shared on Twitter that they are unable to get into a match and are instead getting a message that says “SAVETITANFALL.COM, TF1 is being attacked so
The Witcher: Monster Slayer will arrive on Android and iOS on July 21 globally. The free-to-play augmented reality (AR) role playing game (RPG) has been developed and published by Spokko, which was acquired by CD Projekt Capital Group back in 2018. The upcoming mobile game is available for pre-registration on Google Play store and those