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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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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.
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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
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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
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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
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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
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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
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