Monthly Archives: September 2022

HSBC invests in Singapore’s customer intelligence and risk assessment startup

HSBC Asset Management, the investment arm of Britain’s HSBC Group, has led a seed round of $4 million in Singapore’s customer intelligence and risk assessment startup Bizbaz, the two said Friday. Founded in June 2019, Bizbaz offers its proprietary customer intelligence and risk management solutions to banks, insurance companies and fintech startups. The startup has…

Everstores, an Open Store-style D2C Shopify aggregator out of Europe, emerges from stealth with €18 million

A wave of Amazon-merchant aggregator startups, floating close to $15 billion in funding, have rushed in, rolled up, and rushed out of the e-commerce market in the last several years. Now, a new tide, and new take on the model, appears to be rising. Today, a Berlin startup called Everstores — which seeks out, buys and…

Microsoft says two new Exchange zero-day bugs under active attack, but no immediate fix

Microsoft has confirmed two unpatched Exchange Server zero-day vulnerabilities are being exploited by cybercriminals in real-world attacks. Vietnamese cybersecurity company GTSC, which first discovered the flaws part of its response to a customer’s cybersecurity incident, in August 2022, said the two zero-days have been used in attacks on their customers’ environments dating back to early-August…

The West is already fighting World War 3 with Russia, former White House Russia advisor Fiona Hill says

Fiona Hill,arrives to testify before the House Intelligence Committee on Capitol Hill in Washington, DC on November 21, 2019. Chip Somodevilla/Getty Images The West is already fighting World War 3 with Russia, Fiona Hill told The New Yorker. “We’ve been in this for a long time, and we’ve failed to recognize it,” the former White…

Former eBay execs jailed for almost 5 years after they sent threatening messages and delivered a fetal pig to a couple’s house

The eBay executives viewed David and Ina Steiner’s newsletter as critical of the company. Justin Sullivan/Getty Images Two former eBay executives were sentenced to prison on Thursday for the harassment of a couple. The couple published a newsletter that was seen as critical of the company. The two men and their co-conspirators sent deliveries to…

Remote Antarctic research stations plagued by widespread sexual harassment, with women having to work alongside their abusers for weeks, Australian report finds

An aerial view of Australia’s Casey station in Antarctica on January 17, 2008. Angela Wylie/The AGE/Fairfax Media via Getty Images via Getty Images Women working in Australian Antarctic research stations are plagued by sexual harassment, a report found.  The report describes unwanted advances, homophobia, prominently displayed pornography, and period shaming.  US stations are also rife…

‘Big Short’ investor Michael Burry sounds the alarm on shaky markets – and fears a worse disaster than the financial crisis

Michael Burry. Astrid Stawiarz/Getty Images Michael Burry fears the market turmoil could herald a worst disaster than the financial crisis. He cited soaring interest rates, volatile currencies, and reactionary central banks as concerns. The “Big Short” investor diagnosed a historic asset bubble last year, and predicted a massive crash. Michael Burry, one of the few…

Toyota’s president said he ‘did a little happy dance’ after the company dethroned GM to become the bestselling carmaker in the US last year

Akio Toyoda spoke to reporters on Thursday. YOSHIKAZU TSUNO / Contributor/ Getty Toyota’s president said he celebrated when the automaker topped the US sales list in 2021. “I actually did a little happy dance in my office,” Akio Toyoda told dealers, per Reuters.  Supply shortages are starting to bite, however, as Toyota cut October’s global…