Month: July 2018

The UK’s privacy watchdog revealed yesterday that it intends to fine Facebook the maximum possible (£500k) under the country’s 1998 data protection regime for breaches related to the Cambridge Analytica data misuse scandal. But that’s just the tip of the regulatory missiles now being directed at the platform and its ad-targeting methods — and indeed, at
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Southeast Asia’s digital economy is tipped to grow more than six-fold to reach more than $200 billion per year, according to a report co-authored by Google, with e-commerce accounting for the dominant share. The emergence of e-commerce platforms like Alibaba’s Lazada and U.S.-listed Shopee have enabled online entrepreneurship across the region, but still financial support for
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HTC isn’t gone just yet. Granted, it’s closer than it’s ever been before, with a headcount of fewer than 5,000 employees worldwide — that’s down from 19,000 in 2013. But in spite of those “market competition, product mix, pricing, and recognized inventory write-downs,” the company’s still trucking on. And while its claim to being “the leading innovator
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As consumers become more discerning about the food they eat, a wave of startups has emerged that is catering to that demand with convenient alternatives to the more ubiquitous options that are available today. One of these, GrubMarket — which sources organic and healthy food directly from producers and then delivers it to other businesses
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Facebook continues to face fallout over the Cambridge Analytica scandal, which revealed how user data was stealthily obtained by way of quizzes and then appropriated for other purposes, such as targeted political advertising. Today, the U.K. Information Commissioner’s Office (ICO) announced that it would be issuing the social network with its maximum fine, £500,000 ($662,000)
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Martha Notaras Contributor For the last decade, the largest technology companies have increasingly looked outside of tech to grow their operations. From automotive to retail to groceries, these companies use massive competitive advantages in the form of data, consumer relationships and software engineers to fundamentally change markets. Now, companies like Apple and Google and Amazon
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SolarWinds, the company behind tools like Pingdom, Papertrail, Loggly and a number of other IT management tools, today announced it has acquired Trusted Metrics, a company that helps businesses monitor incoming threats to their networks and servers. This move follows SolarWinds’ acquisition of Loggly earlier this year. Among other things, Loggly also provides a number
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Mobile games publisher and marketer Tilting Point is dramatically increasing its commitment to its user acquisition fund. The company announced a $12 million fund at the end of 2016, which it said would help developers grow their games while remaining independent. Today it  revealed that it’s committing $132 million in annual spending to the fund. CEO
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Lodgify, the Barcelona-based SaaS for property owners to manage vacation rentals, today announced it has secured $5 million in Series A funding. Existing backers Nauta Capital, Howzat Partners, and a number of angels participated, in addition to new investor Intermedia Vermögensverwaltung. It brings total funding for the Spanish startup to $7.3 million yo date. Primary
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Fintech startup N26 wants to compete with traditional banks on all fronts. And it means providing a useful web interface to view your past transactions, transfer money and more. Most users likely interact with N26 through the mobile app. But it doesn’t mean web apps are useless. Contrary to Revolut, N26 has had a web
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