Europol and the U.S. Justice Department, with help from six other countries, have disrupted and dismantled the GozNym malware, which they say stole more than $100 million from bank accounts since it first emerged. In a press conference in The Hague, prosecutors said 10 defendants in five countries are accused of using the malware to…
Kapten, the French ride-hailing app backed by Daimler and BMW, has today launched in London, coupled with a feisty ad campaign taking a swipe at Uber’s tax arrangements. It follows Kapten (formerly called “Chauffeur Prive”) obtaining a license from TfL, London’s transport regulator, to operate its private-hire vehicle (PHV) service in the U.K. capital city.…
Kapten, the French ride-hailing app backed by Daimler and BMW, has today launched in London, coupled with a feisty ad campaign taking a swipe at Uber’s tax arrangements. It follows Kapten (formerly called “Chauffeur Prive”) obtaining a license from TfL, London’s transport regulator, to operate its private-hire vehicle (PHV) service in the U.K. capital city.…
Openfinance, the secondary market for trading digital alternative assets, announced it will be opening up trading of third-party digital securities to US Investors, making it the first trading platform to do so. The company already supported the trading of third-party digital securities (securities that have been migrated onto the blockchain that are now traded on…
OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Previous investors in OpenFin also include DRW Venture Capital,…
Schell Games The video game industry finds itself at a crossroads. Sales are soaring through the roof both for traditional games like Red Dead Redemption 2, which has sold more than 23 million copies. Microtransaction-based free games like Fortnite are also massively popular, with Epic’s game sitting at about 250 million players. Despite this, major…
XPRIZE, the non-profit organization developing and managing competitions to find solutions to social challenges, has named two grand prize winners in the Elon Musk-backed Global Learning XPRIZE . The companies, KitKit School out of South Korea and the U.S., and onebillion, operating in Kenya and the U.K., were announced at an awards ceremony hosted at…
Microsoft has selected seven lucky startups to receive grants from its AI for Accessibility program. The growing companies aim to empower people with disabilities to take part in tech and the internet economy, from improving job searches to predicting seizures. Each of the seven companies receives professional-level Azure AI resources and support, cash to cover…
Lilium, the Munich-based startup developing an on-demand “air taxi” service, has unveiled a new five-seater prototype and is announcing to the world that a maiden flight for the new device was successfully completed earlier this month. It’s not the first time a Lilium Jet — the company’s all-electric vertical take-off and landing (VTOL) device —…
Singapore-based startup YouTrip thinks consumers of Southeast Asia deserve a taste of the challenger bank revolution happening in the U.S. and Europe, and it has raised $25.5 million in new funding to bring its app-and-debit-card service to more parts in the region. Challenger banks have sprung up in Europe in recent years. Unicorns Monzo, Revolut…
