How Groupon Is Losing China – TechCrunch

At this point, it’s no secret: Gaopeng (Groupon’s nascent effort in China) is a train wreck. By September of this year, the seven-month old endeavor had already accumulated $46.4 million in net losses with just $2.1 million in revenue. Meanwhile, a number of competitors in the region are predicting profitability within months. In today’s “Attack…

Interpol Arrest Leader of SilverTerrier Cybercrime Gang Behind BEC Attacks

A year-long international investigation has resulted in the arrest of the suspected head of the SilverTerrier cybercrime group by the Nigeria Police Force. “The suspect is alleged to have run a transnational cybercrime syndicate that launched mass phishing campaigns and business email compromise schemes targeting companies and individual victims,” Interpol said in a statement. Operation…