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Daniel Levi @ Startups News 1 place · 11/19/2022 21:13 EDT

How to Protect Your Startup From a Backdoor Attack

Most backdoor threats take the form of trojan malware. Cybercriminals use smaller infected files to bypass the scanners and install themselves on the device. Once the compact documents are in the system, cybercriminals use them to retrieve a larger file ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 11/19/2022 20:22 EDT

Elon Musk reinstated Former President Trump after 52% of 15 million Twitter users voted to bring him back

Elon Musk has reinstated former President Trump after 52 percent of 15 million Twitter users voted to bring him back to the social platform. Musk launched the poll yesterday. By the time the poll was closed, the former president received 51.8% ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 11/18/2022 18:24 EDT

Theranos founder Elizabeth Holmes sentenced to 11 years in prison for fraud

Theranos founder Elizabeth Holmes was sentenced to more than 11 years in prison for fraud, putting an end to the three-year case and the extraordinary downfall of a one-time Silicon Valley darling. U.S. District Judge Edward Davila delivered the sentence Friday in federal ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 11/18/2022 12:41 EDT

This Barcelona-based clean energy startup is developing a new generation of fast-charging and sustainable Lithium-free batteries to revolutionize the EV market

Electric vehicles (EVs) are not new in the United States, EVs made their way back to the mainstream in the early 2000s with the popularity of Tesla. Even after two decades, the EV car market is still dominated by conventional lithium-ion ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 11/18/2022 10:32 EDT

Co-founder of Indian food delivery startup Zomato resigns just a year after the company went public

Mohit Gupta, the co-founder of an Indian food delivery startup Zomato has resigned after about five years at the restaurant aggregator and food ordering and delivery platform, the company said on Friday. The announcement comes three months after Nitin Savara stepped down ... Read more

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Startups News
Nickie Louise @ Startups News · 11/18/2022 09:38 EDT

All FTX digital assets are now in the control of the Bahamas Securities Commission

On 12 November, the Bahamas Securities Commission (SCB) issued an order for FTX Digital Markets (FDM) to transfer the contents of its crypto wallets to a government-controlled wallet. A little over a week later, the Bahamas regulator announced it now has ... Read more

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Startups News
Nickie Louise @ Startups News · 11/18/2022 08:20 EDT

Twitter is still up and running after Reuters reported that “the public version of Twitter was at risk of breaking during the night”

Let’s face it, the US mainstream media hate Elon Musk. They’ve been going after him since he became the CEO of Tesla in 2008. Elon Musk even lashed out at the media’s ‘relentless hatestream’ of bad reporting back in February. “The holier-than-thou ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 20:33 EDT

Hundreds of Twitter employees resign following Elon Musk’s “extremely hardcore” work environment

Just a few days after firing dozens of employees who criticized him in tweets and internal messages, Elon Musk gave Twitter employees a deadline to say if they are committed to his cultural reset to build a breakthrough Twitter 2.0. In an ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 17:41 EDT

Palo Alto Networks acquires Israel cybersecurity startup Cider Security for $195 million in cash

Early this year, we covered Cider Security after the Israeli cybersecurity startup emerged from stealth with $32 million in funding to bring the world’s first AppSec operating system to market and revolutionize continuous security for continuous integration and continuous deployment (CI/CD). Fast ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 13:29 EDT

Renewable energy startup Arkon Energy lands $28 million in funding to boost its bitcoin mining capacity

Arkon Energy, a Sydney-based startup and provider of 100% renewable data center infrastructure, has raised $28 million in funding led by quantitative investment manager and digital assets market maker, Blue Sky Capital. In conjunction with the funding, the startup also ... Read more

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Startups News
Daniel Levi @ Startups News · 11/17/2022 12:30 EDT

Worse than Enron: Sam Bankman-Fried used FTX’s customers’ money to fund his lavish lifestyles and employees. Here’s the full text of FTX’s bankruptcy filing (PDF)

On November 11, the embattled crypto exchange FTX filed for Chapter 11 bankruptcy protection. Immediately after the news, the disgraced FTX founder Sam Bankman-Fried (also known as SBF) resigned as the CEO of the crypto exchange FTX Group and John ... Read more

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Startups News
Daniel Levi @ Startups News · 11/17/2022 11:11 EDT

DWF Labs invests $10 million in the TON ecosystem to accelerate growth and support TON-based projects

With the collapse of FTX’s sister company Alameda Research, a vacuum has been created for other players to make some rather bullish actions. Now one of the leading blockchain industry market makers, DWF Labs has thrown its support for the TON ecosystem. Through ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 10:32 EDT

PTC to acquire cloud-based provider ServiceMax for $1.5 billion

PTC, a Boston-based company that provides Internet of things (IoT), augmented reality (AR), and collaboration software, announced Thursday it has agreed to buy cloud provider company ServiceMax for $1.46  billion in cash. The transaction will be funded in two stages, with $808 million paid ... Read more

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Startups News
Daniel Levi @ Startups News · 11/17/2022 09:56 EDT

Sam Bankman-Fried received a $3.3 billion personal loan from FTX’s Alameda Research, court filings reveal

While maintaining the façade and appearance of a multi-billionaire, it turns out the disgraced FTX founder Sam Bankman-Fried was bankrupt all along. New court filings revealed that Bankman Fried was using FTX hedge fund Alameda Research as a piggy bank to fund ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 09:29 EDT

France mobile payment startup Digital Virgo is going public in a $513 million SPAC deal

Digital Virgo said Thursday that it is going public through a merger with a blank-check company Goal Acquisitions Corp in a deal that values the French mobile payments platform at $513 million. Goal Acquisitions Corp is a blank-check company founded by high-profile ... Read more

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Startups News
Nickie Louise @ Startups News · 11/17/2022 08:22 EDT

Binance preparing to buy bankrupt crypto lender Voyager

Back in September, crypto exchange giant FTX acquired bankrupt Voyager’s assets for $1.42 billion. But with FTX now bankrupt following the drama of last week, Binance is preparing to relaunch a bid to buy the embattled Voyager Digital, CoinDesk reported, citing sources familiar ... Read more

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Startups News
Daniel Levi @ Startups News 1 place · 11/16/2022 19:23 EDT

FTX Crypto Money-Laundering? “We do have a relationship with the Ukrainian government for raising capital for them through cryptocurrencies that runs through FTX,” SBF Says

In just a matter of days, FTX founder Sam Bankman-Fried went from crypto white knight to villain. His billion-dollar fortune has collapsed, making it one of the most shocking and sudden financial implosions in modern history. He is facing multiple investigations ... Read more

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Startups News
Daniel Levi @ Startups News · 11/16/2022 17:50 EDT

Machine Learning and Artificial Intelligence: What Is Real Right Now and What Is Just Vapor?

This is a post by Mark Allen, a General Manager at Identiv, a global leader in digital security and identification in the Internet of Things (IoT). Machine learning is rapidly changing the face and pace of business as we know it. ... Read more

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Startups News
Nickie Louise @ Startups News · 11/16/2022 13:53 EDT

Gemini crypto exchange suspends withdrawals on its interest-bearing accounts as FTX contagion spreads

The collapse of the now-bankrupt crypto exchange continues to roil the industry. In less than 24 hours, four crypto companies including BlockFi, Gemini, SALT, and Genesis have announced new restrictions on withdrawals for their customers. Winklevoss brothers’ Gemini crypto exchange ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 11/16/2022 10:19 EDT

Goodera bags $10 million in funding to supercharge employee volunteering in workplaces around the world

At a time when some companies still focus on profit, major corporations including Google, Microsoft, and Coca-Cola have realized they must act in a manner that benefits not just their bottom line and also society at large. Some of these corporations ... Read more

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