Relationships can be messy, including between startup founders and their venture investors. But in a case that takes messy to an extreme, an insurtech company in Santa Monica, Calif. called Sure is alleging that its Series A investor used privileged information to provide to a New York-based startup called Boost […]
Nokia Sees Revenue Drop in 2021 in Fight for Market Share
Nokia Sees Revenue Drop in 2021 in Fight for Market Share Kati Pohjanpalo 36 mins ago (Bloomberg) — Nokia Oyj said it expects revenue to continue to drop this year as the telecommunications equipment maker battles […]
UPDATE 1-AUTO1 shares rally 45% in Frankfurt debut
(Adds investor comment, context) BERLIN, Feb 4 (Reuters) – Shares in used-car trading platform AUTO1 raced ahead in their stock exchange debut on Thursday, as Germany’s first big initial public offering of the year was buoyed by investors’ insatiable appetite for tech stocks. The shares opened in Frankfurt at 55 […]
Parler CEO John Matze Says He Was Fired by Board | Technology News
By Elizabeth Culliford and Katie Paul (Reuters) – The board of Parler, a social media platform backed by Republican Party donor Rebekah Mercer and favored by U.S conservatives, has fired its CEO John Matze, he said on Wednesday. Matze confirmed the move to Reuters, after it was originally reported by […]
How a quest to build ethical AI detonated a battle inside Google
Since Dr. Timnit Gebru announced she had been pushed out of Google, tensions inside have flared. CEO Sundar Pichai wants AI to be regulated, but it’s unknown whether Google can police its own work. Some employees are questioning their future at the company, but big tech largely funds the field […]
Jeff Bezos’ Biggest Failure at Amazon Is Easily His Biggest Success
Amazon once made a smartphone. Known as the Fire Phone, it was maybe the worst piece of technology made in the last 20 years. It was really that bad. It only took three months for the company to write down the value of the remaining inventory, though you could still […]
Here We Go Again… As Bitcoin Nears $40,000, Tesla CEO Elon Musk Has Sent The Dogecoin Price Sharply Higher
Bitcoin has broken out over the last few days, climbing almost 15% since the beginning of the week and nearing $40,000 per bitcoin. The bitcoin price has climbed as MicroStrategy MSTR chief executive and bitcoin advocate Michael Saylor hosts a virtual bitcoin conference to help companies buy bitcoin and Visa […]
3 Ways the IT Industry Is Changing in 2021
The services of IT departments, businesses and associations have perhaps never been as in demand as they have been since March 2020, when much of the world suddenly transitioned into remote work. From helping people access healthcare, to saving the day when your Zoom just won’t stop crashing, IT professionals have had […]
The 30 Most Influential Ecommerce Leaders Honoured by Signifyd
LONDON–(BUSINESS WIRE)–Feb 4, 2021– Signifyd today announced the 2021 Most Influential in Ecommerce award winners, a group of retail professionals who met the challenges of a lifetime head on and propelled their organisations to heights that were barely imaginable even a year ago. During a year of challenges unlike any […]
Protecting Employees Doesn’t Have to Sacrifice Data Privacy
By Otavio Freire During the pandemic, employees have been targeted by bad actors like never before. To properly protect their employees, companies need to implement security tools that offer visibility and monitoring. However, employees will resist or avoid any oversight that feels like a breach of privacy. How can enterprises […]