May 2023

Introducing the chief trust officer

May 15, 2023
Trust should not be taken for granted. In fact, in an era characterized by rapid digital transformation, heightened stakeholder expectations, rise of misinformation, recessionary concerns, and sophisticated cyberattacks, organizations should work harder than ever to earn—and maintain—trust. For those who succeed in building long-lasting trust, which Deloitte defines as “the outcome of high competence and…

ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds

May 15, 2023

Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once drew the backing of many high-profile investors including Goldman Sachs. Lizzie Chapman, Priya Sharma and Ashish Anantharaman, the founders of ZestMoney, informed employees about their […]

ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds by Manish Singh originally published on TechCrunch

Chipolo brings its lost item trackers to Android’s Find My Device network

May 15, 2023

Smart item tracker Chipolo, a competitor to Apple’s AirTag and others, opted to grow its business by partnering with the Cupertino tech giant, not fighting them, as rival Tile has done. When Apple opened up its Find My app to third-party devices, Chipolo embraced the possibility of targeting iPhone users with versions of its Bluetooth-powered […]

Chipolo brings its lost item trackers to Android’s Find My Device network by Sarah Perez originally published on TechCrunch

Cybercriminals who targeted Ukraine are actually Russian government hackers, researchers say

May 15, 2023

For years, Russian government hackers have used several made-up personas to hide their tracks and try to trick security researchers and government agencies into pointing the blame in the wrong direction. They have pretended to be a lone Romanian hacktivist called Guccifer 2.0 when they hacked the Democratic National Committee; unleashed a destructive malware designed […]

Cybercriminals who targeted Ukraine are actually Russian government hackers, researchers say by Lorenzo Franceschi-Bicchierai originally published on TechCrunch

After a 29-year run, Vice files for bankruptcy

May 15, 2023

Vice was valued at $5.7 billion just six years ago, eyeing a potential IPO. Now, the trendsetting media company has filed for Chapter 11 bankruptcy. The company’s lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — have agreed to purchase the company for $225 million. That’s only about 4% of the company’s […]

After a 29-year run, Vice files for bankruptcy by Amanda Silberling originally published on TechCrunch

Capita breach fallout widens as customers learn of data theft

May 15, 2023

The fallout from Capita’s cyber incident continues as customers say the British outsourcing giant has told them to assume that data was stolen by hackers. The Universities Superannuation Scheme (USS), the U.K.’s largest private pension provider, said on Friday that the personal details of almost half a million members were held on servers accessed during […]

Capita breach fallout widens as customers learn of data theft by Carly Page originally published on TechCrunch

Hardware startup Telly launches a free smart TV entirely supported by ads

May 15, 2023

Telly, a hardware startup led by Pluto TV co-founder Ilya Pozin, announced Monday that it’s giving away 500,000 of its new smart TVs for free. (Yes, we said free.) There’s a catch, though. Users must watch 24/7 ads while simultaneously streaming TV shows and movies. Telly developed a dual-screen smart TV, which has a 55-inch […]

Hardware startup Telly launches a free smart TV entirely supported by ads by Lauren Forristal originally published on TechCrunch