Hackers Ask $70M For Business Data From Supply Chain Attack
Hackers Ask $70M For Business Data From Supply Chain Attack
July 05, 2021  |  Security & Fraud

As many as 1,500 companies worldwide were hit by a ransomware attack on Kaseya, a U.S.-based information technology firm, a report from Reuters reported Monday...

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UK’s Revolut Eyes SoftBank Investment At Potential $30B Valuation
UK’s Revolut Eyes SoftBank Investment At Potential $30B Valuation
July 05, 2021  |  Investments

British banking and payments app Revolut is in “detailed” talks with giant technology investor SoftBank that contemplate an investment valuing the FinTech company at more...

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Wise Cofounder Hinrikus To Resign As Chairman, Former Netflix CFO To Fill Role
Wise Cofounder Hinrikus To Resign As Chairman, Former Netflix CFO To Fill Role
July 05, 2021  |  Personnel

Wise cofounder Taavet Hinrikus, who served as chief executive for three years through 2017 before becoming chairman of the company, plans to step down within...

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FedEx Among Companies Relying More On Real-Time Data To Gauge Customer Demand
FedEx Among Companies Relying More On Real-Time Data To Gauge Customer Demand
July 05, 2021  |  Data

Businesses that depend on complex models chock full of data about suppliers, shippers and customers to plan operations are placing less trust than usual in...

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ByteDance Allows Other Companies To Buy TikTok AI Tech
ByteDance Allows Other Companies To Buy TikTok AI Tech
July 05, 2021  |  Artificial Intelligence

ByteDance has begun selling the artificial intelligence that powers its blockbuster TikTok app to other companies outside China, the Financial Times reported. Get the Full...

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Didi Warns Of Revenue Drop
Didi Warns Of Revenue Drop
July 05, 2021  |  Regulation

Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores...

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Google, Twitter And Facebook Eye Leaving Hong Kong If Data Laws Pass
Google, Twitter And Facebook Eye Leaving Hong Kong If Data Laws Pass
July 05, 2021  |  Regulation

Facebook, Twitter and Google are among the big companies threatening to quit offering services in Hong Kong if the authorities’ proposed changes pass, making those...

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Businesses Spend $1.74T On M&A In First Half Of ’21, Break 40 Year Record
Businesses Spend $1.74T On M&A In First Half Of ’21, Break 40 Year Record
July 05, 2021  |  Partnerships / Acquisitions

Businesses were hungry for mergers and acquisitions involving U.S. companies for the first six months of 2021 — the numbers for that sat at $1.74...

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Codat Raises $40M To Expand SMB Data Sharing Tools
Codat Raises $40M To Expand SMB Data Sharing Tools
July 05, 2021  |  B2B Payments

Codat, a FinTech that specializes in products that help small to medium-sized businesses (SMBs) share financial data, announced a $40 million funding round per a...

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