Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue – TechCrunch

Root Insurance,  lang=”EN”>an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a Series E funding round.  The amount of the round was reported last month, citing anonymous sources. This official announcement fills in the remaining details, including…

New Malware Uses Windows BITS Service to Stealthy Exfiltrate Data

Cybersecurity researchers have discovered a new computer virus associated with the Stealth Falcon state-sponsored cyber espionage group that abuses a built-in component of the Microsoft Windows operating system to stealthily exfiltrate stolen data to attacker-controlled server. Active since 2012, Stealth Falcon is a sophisticated hacking group known for targeting journalists, activists, and dissidents with spyware…

American tariffs are having a bigger impact on U.S.-based Amazon vendors than their competitors in China, according to SellerMotor – TechCrunch

The series of tariffs imposed by the United States on Chinese goods has impacted both U.S. and China-based Amazon vendors, but U.S. sellers are taking a bigger hit to their sales, according to data from cross-border e-commerce analytics company SellerMotor. The gap has widened since the round of tariffs on Chinese goods announced in the…

DHL expands Africa eShop online retail app to 34 countries – TechCrunch

DHL  has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African countries. DHL  href=”https://techcrunch.com/2019/04/11/dhl-launches-africa-eshop-app-for-global-retailers-to-sell-into-africa/”>went live with the digital retail app in April, bringing more than 200 U.S. and U.K. sellers — from Neiman Marcus to Carters — online to African consumers. Africa…