Phones news and trends

US Gov’t Sues Firms, Individuals For Fraudulent Robocalls
Security & Fraud // January 29, 2020

A lawsuit by the U.S. government is targeting five companies and three individuals accused of perpetuating hundreds of millions of fraudulent robocalls, according to Reuters. The lawsuit says the robocalls scammed elderly Americans and others into considerable financial losses. According to the lawsuit, most calls...

Smartphone App Truecaller Ventures Into Business FinTech Before IPO
B2B Payments // December 23, 2019

As it ponders an IPO in the next two years, Sweden’s caller ID firm Truecaller has been piloting FinTech products to offer credit to small businesses, Bloomberg reported. The startup has been successfully extending credit to small business owners in India, and plans to expand...

Facebook Accuses Cybersecurity Firm Of Using WhatsApp In Malware Attack
Facebook // October 29, 2019

Facebook is filing a lawsuit against NSO Group, an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. Facebook filed the complaint on Tuesday (Oct. 29). It alleged the group used malware on about 1,400 cellphones, targeting human rights activists, journalists, diplomats,...

IDnow Lands $40M To Grow Online Identity Verification Service
Investments // October 28, 2019

ID verification startup IDnow has received a $40 million growth equity investment from private equity group Corsair Capital, according to reports. Corsair focuses on industries related to financial and business services. The segment of ID verification is growing, and other startups in the field, like...

Quick Reads
US Gov’t Sues Firms, Individuals For Fraudulent Robocalls

January 29, 2020
A lawsuit by the U.S. government is targeting five companies and three individuals accused of perpetuating hundreds of millions of fraudulent robocalls, according to Reuters. The lawsuit says the robocalls scammed elderly Americans and others into considerable financial losses. According to the lawsuit, most calls originated in India, via voice over internet protocol (VOIP), using […]

Facebook Accuses Cybersecurity Firm Of Using WhatsApp In Malware Attack

October 29, 2019
Facebook is filing a lawsuit against NSO Group, an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. Facebook filed the complaint on Tuesday (Oct. 29). It...

IDnow Lands $40M To Grow Online Identity Verification Service

October 28, 2019
ID verification startup IDnow has received a $40 million growth equity investment from private equity group Corsair Capital, according to reports. Corsair focuses on industries related to financial and business...

GM Lets Car Owners Download Alexa Software

September 25, 2019
General Motors will let U.S. owners of vehicles that are 2018 models or newer download Amazon’s Alexa digital assistant software to control phones, navigation and streaming media. GM noted earlier...