Shipping giant Pitney Bowes hit by ransomware

Shipping tech giant Pitney Bowes has confirmed a cyberattack on its systems. The company said in a statement that its systems were hit by a “malware attack that encrypted information” on its systems, more commonly known as ransomware. “At this time, the company has seen no evidence that customer or employee data has been improperly […]

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NASCAR could debut hybrids as early as 2022

NASCAR could introduce hybrid powered cars as early as 2022, NASCAR’s SVP for Racing Development John Probst told TechCrunch. The auto-racing series — which is America’s most popular motorsport — opened up on the development of competition vehicles powered by gas and electricity. “We travel the world visiting other sanctioning bodies and are not ignorant […]

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Africa’s top mobile phone seller Transsion lists in Chinese IPO

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai’s STAR Market, a Transsion spokesperson confirmed to TechCrunch.  Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa under its Tecno brand. The company has also started to support venture funding of African startups. Transsion issued 80 million A-shares at an opening […]

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Thinkful confirms data breach days after Chegg’s $80M acquisition

Thinkful, an online education site for developers, has confirmed a data breach, just days after it confirmed it would be acquired. “We recently discovered that an unauthorized party may have gained access to certain Thinkful company credentials so, out of an abundance of caution, we are notifying all of our users,” said Erin Rosenblatt, the […]

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Telegram fixes bug that failed to delete ‘unsent’ photos and videos

Mobile messaging app Telegram has fixed a bug allowing users to recover photos and videos ‘unsent’ by other people. Telegram, which has more than 100 million users, has an ephemeral messaging feature that allows users to “unsend” sent messages from other people’s inboxes, such as when a message is sent by mistake. But one security […]

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Telegram fixes bug that failed to delete ‘unsent’ photos and videos

Mobile messaging app Telegram has fixed a bug allowing users to recover photos and videos ‘unsent’ by other people. Telegram, which has more than 100 million users, has an ephemeral messaging feature that allows users to “unsend” sent messages from other people’s inboxes, such as when a message is sent by mistake. But one security […]

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Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the […]

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Africa Roundup: Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond current […]

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Malicious websites were used to secretly hack into iPhones for years, says Google

Security researchers at Google say they’ve found a number of malicious websites which, when visited, could quietly hack into a victim’s iPhone by exploiting a set of previously undisclosed software flaws. Google’s Project Zero said in a deep-dive blog post published late on Thursday that the websites were visited thousands of times per week by […]

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Facebook is working with HackerOne on a bug bounty program for its Libra cryptocurrency

Facebook and its partners are moving ahead with its Libra cryptocurrency project and announced that it is working with HackerOne on a bug bounty program for applications built on its blockchain. The move comes even as government regulators have called for the company to suspend the project, while they assess its legality and the potential […]

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