Yesterday we broke the news that Corel — the company behind WordPerfect, Corel Draw, and a number of other apps, as well as the new owner of Parallels — had itself gotten acquired by KKR. Today, the news is confirmed and official: KKR today announced that it has closed the deal, purchasing Corel from private…
Android founder, Andy Rubin, may have left Google long back in 2014, but his departure is beginning to attract more unsavory attention as more information is released. According to documents made public by a California superior court, Rubin left the company after having an “inappropriate relationship” with a subordinate, and allegedly concealed payments about his…
Taiwanese networking equipment manufacturer D-Link has agreed to implement a “comprehensive software security program” in order to settle a Federal Trade Commission (FTC) lawsuit alleging that the company didn’t take adequate steps to protect its consumers from hackers. Your wireless router is the first line of defense against potential threats on the Internet. However, sadly,…
The new era of tech-enabled banks is coming, even in regulation-heavy Japan. Kyash, a fintech company with visions on becoming Japan’s first challenger bank, said today it has raised $14 million to continue its expansion. To be clear, Kyash isn’t a bank. Yet. But it is currently applying for a host of licenses in Japan…
TikTok is being investigated in the U.K. for how it handles the safety and personal data of underage users. According to the Guardian, information commissioner Elizabeth Denham told a parliamentary committee that the probe started in February, after the U.S. Federal Trade Commission levied a $5.7 million fine against TikTok for breaking children’s privacy law.…
2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said Tuesday to a group of media that it…
President Donald Trump recently promised to ease the ban on American companies doing business with Huawei, but the Commerce Department is requiring its staff to treat Huawei as if the blacklist is still in place, reports Reuters. Enforcement staff were sent an internal letter this week by John Sonderman, the Deputy Director of the Office…
Podimo, a Copenhagen-based startup building what it hopes will become Europe’s “Netflix for podcasts,” has raised €6 million in seed funding prior to launch. The round is co-led by Germany’s E.ventures and Denmark’s Heartcore, reflecting the young company’s two planned country launches later this year. Founded by Morten Strunge, who has a track record in…
Hot startup Superhuman has been getting some ‘backlash’ as happens now and then when someone notices the precise methodology that a startup is using to enable a really freakin’ cool feature set. We’re well into stage 2 now when, inevitably, the backlash itself gets backlash. The nut of it is that people have been exposed…
Two months after Samsung withdrew the Galaxy Fold due to hardware and software problems, it might soon be ready for prime time. Bloomberg reported today the company has completed the redesign of the device that should solve all the issues that plagued the first batch of handsets. The report noted that while the Korean phone maker…
