Accion Venture Lab launches $23M inclusive fintech startup fund – gpgmail

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the […]

Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update – gpgmail

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond current […]

Malicious websites were used to secretly hack into iPhones for years, says Google – gpgmail

Security researchers at Google say they’ve found a number of malicious websites which, when visited, could quietly hack into a victim’s iPhone by exploiting a set of previously undisclosed software flaws. Google’s Project Zero said in a deep-dive blog post published late on Thursday that the websites were visited thousands of times per week by […]

Parallels’ KeyGenie lets you play for a free product key — but you can’t ever win – gpgmail

When is a game not a game? When you never win. For years, virtualization software maker Parallels offered the chance to win a free product keys if you “stump the KeyGenie,” a virtual robot which users can play against. Normally, users must buy a product key to run the software beyond its two-week free trial. […]

Walmart and Tesla are going to try and work things out – gpgmail

Walmart came out swinging earlier this week in a lawsuit that accused Tesla of breach of contract and gross negligence over problems with rooftop solar panel systems installed at the retail giant’s stores. Now, just days later, the lawsuit has been placed on hold while the two companies try to reach an agreement that would […]

Classic Hangouts for G Suite will hang in there a bit longer – gpgmail

Earlier this year, Google said it would transition all Hangouts users on G Suite to Hangouts Chat and Meet by October 2019 and then retire the classic version of Hangouts. But a lot of G Suite users love their classic Hangouts, so Google has now revised Hangouts’ retirement date to “no sooner than June 2020.” […]

Amazon customers say they received emails for other people’s orders – gpgmail

Users have said they are receiving emails from Amazon containing invoices and order updates on other customers, gpgmail has learned. Jake Williams, founder of cybersecurity firm Rendition Infosec, raised the alarm after he received an email from Amazon addressed to another customer with their name, postal address, and their order details. Williams said he ordered […]

Credit Karma glitch exposed users to other people’s accounts – gpgmail

Users of credit monitoring site Credit Karma have complained that they were served other people’s account information when they logged in. Many took to a Reddit thread and complained on Twitter about the apparent security lapse. “First time logging in it gave me my information, but as soon as I refreshed the screen, it gave […]

Africa’s top mobile phone seller Transsion to list in Chinese IPO – gpgmail

Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market,  Transsion confirmed to gpgmail.  The company—which has a robust Africa sales network—could raise up to 3 billion yuan (or $426 million). “The company’s listing-related work is running smoothly. The registration application and issuance process is still underway, with the specific […]

Facebook sues two app developers for click injection ad fraud – gpgmail

Facebook has filed lawsuits against two app developers accused of generating fraudulent revenue using the social media giant’s advertising platform. The company announced the legal action in a blog post Tuesday. “The developers made apps available on the Google Play store to infect their users’ phones with malware,” said Jessica Romero, director of platform enforcement […]