Grab is talking to Ant Financial and PayPal about spinning out its financial services business – TechCrunch

Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its financial services unit to double down on its non-transportation business, TechCrunch has learned. The seven-year-old company’s coming-of-age moment was a deal to buy Uber’s regional…

Critical Magento SQL Injection Vulnerability Discovered – Patch Your Sites

If your online e-commerce business is running over the Magento platform, you must pay attention to this information. Magento yesterday released new versions of its content management software to address a total of 37 newly-discovered security vulnerabilities. Owned by Adobe since mid-2018, Magento is one of the most popular content management system (CMS) platform that…

Investment platform Ellevest raises $33M Melinda Gates’ Pivotal Ventures, Valerie Jarrett & PayPal – TechCrunch

Ellevest, a digital investment platform specifically focused on helping women meet their financial goals, has raised an additional $33 million in a new round led by Rethink Impact and PSP Growth. The funding includes a handful of notable, new investors including Melinda Gates’s investment fund Pivotal Ventures; PayPal; Wynn Resorts co-founder Elaine Wynn; former Google…