A U.S. government operation has dismantled the infrastructure of the notorious Qakbot malware, which officials say caused “hundreds of millions” of dollars of damage worldwide. In an announcement on Tuesday, the FBI said that it had successfully “disrupted and dismantled” the Qakbot malware, and had identified more than 700,000 infected computers worldwide — including more than…
Intuition Robotics isn’t hurting for funding these days. The Israeli firm announced a $36 million Series B in the early days of the pandemic, and now it’s adding another $25 million. The new raise, which includes $20 million in venture capital and $5 million in venture debt, brings its total raise up to $83 million.…
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border marketplace Markato. Retailers still need to travel to overseas trade shows, cold e-mail new brands and fulfill orders by filling out forms and purchase orders. Markato…
Content creation is work, but in such a rapidly shifting social media landscape, creators face an uphill battle fighting for fair pay and ownership of their content — typically without any institutional support. The Creators Guild of America (CGA) wants to change that. The CGA, which launched last week, describes itself as a “professional service…
Seeking to capitalize on ChatGPT’s viral success, OpenAI today announced the launch of ChatGPT Enterprise, a business-focused edition of the company’s AI-powered chatbot app. ChatGPT Enterprise, which OpenAI first teased in a blog post earlier this year, can perform the same tasks as ChatGPT, such as writing emails, drafting essays and debugging computer code. But…
Jio Financial Services, the financial services unit of Mukesh Ambani-run Indian conglomerate Reliance Industries, plans to expand to merchant lending and insurance, Ambani said at Reliance’s annual general meeting in a speech that is likely to have a repercussions for countless startups. “JFS will massively increase financial services penetration by transforming and modernising them with…
Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of ride hailing giant Didi for $744 million, marking another significant alliance that the Tesla challenger has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global application of smart electric vehicles…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.…
When investors look at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders understand…
A Portuguese-language spyware called WebDetetive has been used to compromise more than 76,000 Android phones in recent years across South America, largely in Brazil. WebDetetive is also the latest phone spyware company in recent months to have been hacked. In an undated note seen by TechCrunch, the unnamed hackers described how they found and exploited…
