Taiwan fines car renting giant iRent for customer data spill

Taiwanese authorities have fined car rental and ride sharing giant iRent after TechCrunch revealed the company was spilling customers’ data and identity documents onto the open web for months.... Read more »

How to think about your business model as part of a VC pitch

Startups usually run at a deficit while designing and building the product. But companies are designed to make money, and over time, as unit economics and customer acquisition costs... Read more »

How to manage third-party cybersecurity risks that are too costly to ignore

Jon Siegler Contributor Share on Twitter Jon Siegler, co-founder and chief product officer of LogicGate, has over a decade of experience in designing customer-centric enterprise risk and compliance systems.... Read more »

Otonomo, the mobility data business valued at $1.4B in 2021 SPAC IPO, acquired by Urgent.ly as market cap dips to $70M

Otonomo, connected automotive company that has seen its stock price plummet since going public in 2021, has announced that it is coming together with Urgent.ly, a roadside assistance tech... Read more »

Reddit says hackers accessed internal data following employee phishing attack

Reddit has confirmed hackers accessed internal documents and source code following a “highly-targeted” phishing attack. A post by Reddit CTO Christopher Slowe, or KeyserSosa, explained that the company became... Read more »

Amazon in talks to acquire Indian video giant MX Player

Amazon is engaging with Times Internet to explore the acquisition of MX Player, one of the largest on-demand video streaming services in India, according to four sources familiar with... Read more »

Opex (operational expenditure)

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India lifts ban on PayU’s LazyPay and some other lending apps

India’s IT Ministry has lifted the ban on seven high-profile lending apps including PayU’s LazyPay, Kissht, KreditBee and Indiabulls Home Loans, according to a person familiar with the matter,... Read more »

Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions... Read more »

Jendaya raises funding to scale its Africa-focused luxury e-commerce platform

Fashion items are among the most — if not the most — sought after on many e-commerce platforms. In Africa, for instance, fashion has held the top spot in... Read more »
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