Zocdoc founder Cyrus Massoumi and Indiegogo founder Slava Rubin have created a new $30 million fund called Humbition aimed at early stage, founder-led companies in New York. “The fund is focused on connecting startups with investors and advisors experienced in building and growing successful businesses,” said Rubin. “We are seeking to fill a void in…
Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market, the company now has access to what is arguably the largest digital banking company…
The biggest cryptocurrency exchange wants to make its coin listing process a bit less sketchy. In a Medium post on Monday, the company said that moving forward it would disclose fees that arise in the process of getting a coin listed on the exchange and donate all listing fees to charity. Specifically, its own charity:…
Google+ is shutting down at last. Google announced today it’s sunsetting its consumer-facing social network due to lack of user and developer adoption, low usage and engagement. Oh, and a data leak. It even revealed how poorly the network is performing, noting that 90 percent of Google+ user sessions are less than five seconds long.…
Microsoft has made a strategic investment in ride-hailing and on-demand services company Grab as part of a deal that includes collaborating on big data and AI projects. Under the agreement, Singapore-based Grab will adopt Microsoft Azure as its preferred cloud platformAzure cloud computing service. Microsoft and Grab didn’t disclose financial terms. The idea behind the…
Google today revealed it’d be shutting down the consumer version of Google+ in response to a previously undisclosed security flaw — and also because no one’s really using it. Earlier today, the Wall Street Journal reported Google discovered the flaw, which exposed the data of thousands of users, earlier this year. It opted not to…
A known vulnerability in MikroTik routers is potentially far more dangerous than previously thought. A cybersecurity researcher from Tenable Research has released a new proof-of-concept (PoC) RCE attack for an old directory traversal vulnerability that was found and patched within a day of its discovery in April this year. The vulnerability, identified as CVE-2018-14847, was…
Apple has doubled down on its repudiation of Bloomberg’s report last week that claimed its systems had been compromised by Chinese spies. The blockbuster story cited more than a dozen sources claiming that China installed tiny chips on motherboards built by Supermicro, which companies across the U.S. tech industry — including Amazon and Apple — have…
Google is about to have its Cambridge Analytica moment. A security bug allowed third-party developers to access Google+ user profile data since 2015 until Google discovered and patched it in March, but decided not to inform the world. When a user gave permission to an app to access their public profile data, the bug also…
Data is valuable — if you know how to access it and reap the insights from it. That’s where Machinify comes in. The artificial intelligence company just raised a $10 million Series A round led by Battery Ventures with participation from GV and Matrix Partners. “Our core notion is that today, enterprises are collecting a ton…
