by RJ Shara | Jan 12, 2021 | Fundings and Exit, Startups
Visa and Plaid called off their arrangement this afternoon, ending the customer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its statement, very first broke cover on January 13th, 2020, or almost one year ago to the day. However, the American Department of Justice filed [ …] While the Visa-Plaid offer was merely a single deal, its scuttling doesn’t bode well for other fintech startups and unicorns that may have eyed an exit to a rich incumbent. If so, anticipated exit evaluations for fintech upstarts could fall. And that could dent both fintech-focused venture capital activity, and the price at which start-ups in the specific niche can raise funds. …
by RJ Shara | Oct 20, 2020 | Startups
Hi and invite back to Equity, TechCrunch’s venture-capital-focused podcast where we unload the numbers behind the headlines. Because the U.S. federal government is going after Google on anti-competitive grounds, it’s a big day in tech. Sure, the timing appears crassly political and the case is not getting huge kudos so far for its air-tightness, however […]
It’s a huge day in tech due to the fact that the U.S. federal government is going after Google on anti-competitive grounds., and our appearance at the market’s reaction here. Let’s go! …
by RJ Shara | Aug 31, 2020 | Startups
Another hectic week in cybersecurity. In case you missed it: An extensively utilizedmessaging app used by over a million protesters has several significant security flaws; a little-known loophole has let
the DMV sell driver’s licenses and Social Security records to private investigators; and the U.S. federal government is taking legal action against to recover over $2.5 million in […]
That’s how much a Tesla worker would have netted if they accepted a bribe from a Russian operative to install malware on Tesla’s Gigafactory network in Nevada. Instead, the worker told the FBI and the Russian was jailed. This data-stealing ransomware is an increasing pattern. The hackers usually threaten to release the victim’s files if the ransom isn’t paid. …
by RJ Shara | Jun 9, 2020 | Startups
Today saw demonstrations spread across the world sparked by the murder of George Floyd, an unarmed Black male, eliminated by a white law enforcement officer in Minneapolis last month. The U.S. hasn’t seen protests like this in a generation, with millions taking to the streets every day to lend their voice and assistance. But they [ …] The U.S. hasn’t seen demonstrations like this in a generation, with millions taking to the streets each day to lend their voice and assistance. That’s exactly why cybersecurity and personal privacy is more essential than ever, not least to secure law-abiding protesters showing versus cops brutality and institutionalised, systemic bigotry. …
Recent Comments