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  • October 29, 2023
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Toronto Public Library hit by cyber attack

Toronto Public Library’s services have been impacted following a cyber attack. The library’s 100 branches are open and material can be loaned.  The free Wi-Fi service at the branches continues. So are services such as Kanopy, which offers online movies; the digital archive, which allows viewers to see manuscripts and

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  • October 29, 2023
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Korean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from

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  • October 29, 2023
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Layoffs at VW’s Cariad further delay software launch in Porsche, Audi models

Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just three years after VW created Cariad, and only six months after an executive shakeup, the unit has planned to cut 2,000 jobs, German publication Manager

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  • October 29, 2023
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Posts with misinformation on X become ‘ineligible for revenue share’ says Musk

X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize

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  • October 29, 2023
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US automakers need to make up their minds already

Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business. © 2023 TechCrunch. All rights reserved. For personal use only.

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  • October 29, 2023
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More than a year later, the $20B Adobe-Figma deal is still stuck in regulatory limbo

More than a year after Adobe announced it was acquiring Figma for $20 billion, the deal remains stuck in regulatory limbo. © 2023 TechCrunch. All rights reserved. For personal use only.

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  • October 29, 2023
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A look at how one fintech CEO’s PR decision backfired

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital

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  • October 29, 2023
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World Savings Day: Protect your Profitability with Cash Management Solutions

Cash remains one of the preferred ways to pay in South Africa, accounting for nine out of ten transactions, according to BankservAfrica. Even with the growing selection of digital payment options, many people turn to cash because it’s convenient, trusted and easy to use. Yet counting and managing currency is

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  • October 29, 2023
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Rise in Deepfake Fraud Reported by Crypto Companies

A report by Sumsub, a full-cycle platform, gathered the information of a combination of a survey conducted by 100+ crypto companies and expert interviews of professionals in the industry. Overall, 800,000+ fraud attempts were studied for this report and all the data was aggregated and anonymized. The report revealed several

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  • October 29, 2023
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Stadium of the Future: Stade de France

The Stade de France, an architectural masterpiece located in the city of Saint-Denis just north of Paris, is much more than a sporting arena; it’s a technological marvel that sets new standards for enhancing the spectator experience. From high-definition giant screens to cutting-edge audio systems and advanced lighting, Stade de

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