The U.S. Embassy in Montenegro has warned Americans that an ongoing ransomware attack in the country could cause widespread disruption to key public services and government services. The ransomware attack, first confirmed by Montenegro’s Agency for National Security (ANB) last week, targeted government systems and other critical infrastructure and utilities, including electricity, water systems and…
Monthly Archives: August 2022
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, along with Alex‘s help, Natasha asked: Who should be raising…
Solid, which rebranded from Wise in 2021, raised a $63 million Series B round of funding to continue providing its fintech-as-a-service offering for companies wanting to launch and scale their own fintech products. The San Mateo-based company works with fintech and vertical SaaS companies and offers banking, payments, cards and cryptocurrency products via easy-to-integrate APIs….
It’s safe to say that millions of Americans dream of becoming real estate investors but can’t or don’t due to a variety of challenges, including lack of accreditation, capital and time. So it’s no surprise that in recent years, a flurry of startups have emerged that aim to give more people access to real estate…
I admit to having my doubts when Boston Dynamics announced it was getting into the already-crowded warehouse/logistics field. One could certainly make the case that Stretch is a bit over-engineered and ultimately a bit of overkill for most situations. Keep in mind, the company’s Spot robot runs around $75,000, while no official pricing has been…
Snap CEO Evan Spiegel announced this morning that the company behind Snapchat will reduce its staff by 20% as part of larger restructuring. Snap has struggled financially for months. In May, Spiegel wrote in an internal memo that the company would miss its revenue goals for the second quarter of the year. Sure enough, even though…
You know that sense of pure joy that comes from watching a world you love get translated marvelously to the screen? That’s the feeling you’ll get when watching The Lord of the Rings: The Rings of Power. Prime Video’s series is a stunning, meticulously crafted love letter to J.R.R. Tolkien and Middle-earth. It draws from…
Google has launched a new program that will pay bounties for bugs found in its open source projects. The Open Source Software Vulnerability Rewards Program (OSS VRP) is the latest addition to the tech giant’s existing VRPs offering up cash for discoveries. The company says that its first VRP, aimed at those who helped secure…
If Wordle is no longer scratching your itch for brainteasers, there might be a solution from an unlikely source: celebrated actor and director Tom Hanks. Hanks is collaborating with indie game developer BlueLine Studios to create Hanx 101 Trivia, a new quiz game releasing exclusively on Apple Arcade on September 2. Don’t worry if you…
Global media company TIME has bought no-code website builder platform Brandcast, with the aim of developing enterprise solutions for its web3 division. The landmark deal is TIME’s first acquisition since Lynne and Salesforce co-founder Marc Benioff became TIME’s owners in 2018, when the husband and wife duo bought the media firm for $190 million. As…