High Cost of Living Brings Insurance Industry Under Fire
The world is currently facing one of the harshest economic climates experienced since the 2008 Global Financial Crisis, one of the worst financial crises in modern history. This raises concerns that more people may turn to fraud to address the financial pressure they are experiencing. “Rising inflation and the current war
Read moreAccel-backed Agave lets construction software talk to one another
A lot of the most popular construction software was developed 20 to 40 years ago and many systems don’t talk to each other. As a result, the information stored in them is fragmented, adding extra work for building teams. Agave, a member of Y Combinator’s latest batch, is helping with
Read moreQuantHealth brings its AI-informed clinical drug trials to the US with $15M round
Biotech, pharmaceutical, and life sciences companies all hope AI will streamline drug development and make it more efficient, and 38% have already adopted the technology, according to Deloitte. QuantHealth aims to take part with a model that predicts risks and outcomes for clinical trials. The company’s AI-powered platform for drug
Read moreCyber Security Today, August 30, 2023 – More ransomware and MOVEit attack numbers, and an attack on a Rust repository
More ransomware and MOVEit attack numbers, and an attack on a Rust repository. Welcome to Cyber Security Today. It’s Wednesday, August 30th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. A ransomware gang calling itself Ransomed has come up with a new brand:
Read moreSafaricom Plans to Launch Payment Service in Ethiopia
Safaricom (NSE: SCOM) Telecommunications Ethiopia, a name synonymous with innovation and connectivity, has achieved yet another milestone. In a groundbreaking move, the company was officially granted the license to operate mobile money services in Ethiopia on 11 May 2023. This monumental achievement came a mere seven months after the commercial
Read moreWhy PE firm Alitheia is banking on women in Africa
African women-founders find it incredibly hard to raise capital from private markets, and even banks, a gap that “gender-lens” funds like Alitheia IDF exist to bridge. Alitheia IDF was co-founded by Tokunboh Ishmael and Polo Leteka in 2015 as a private equity fund to back the often marginalized founders. Through
Read moreIn Threads’ dwindling engagement, social media’s flawed hypothesis is laid bare
In an age where social isolation and loneliness are at an all-time high, perhaps we stop treating connectivity as a substitute and focus on facilitating true, meaningful connections.
Read moreVenmo lets you gift money to your loved ones with special Hallmark greeting cards
Venmo is partnering with greeting card manufacturer Hallmark to let you send a physical gift card loaded with money. Hallmark said that this new line of cards will be available for $4.99 on the company’s websites, in Hallmark Gold Crown stores, and in select retailers. People will be able to
Read moreHow Can Financial Institutions Safeguard Themselves Against Deepfakes?
Within seconds, you can glimpse your future self or merge your image with a celebrity using deepfake technology. However, this innovation has raised concerns about potential misuse, from draining savings to committing fraud. As deepfake creation becomes more accessible, the threat of cybercrimes looms larger. A deepfake, formed through deep
Read moreWith Beijing’s greenlight, mobility unicorns Zeekr and WeRide inch closer to US IPOs
Six months ago, China’s securities authority announced a set of new rules to facilitate overseas IPOs of Chinese companies, allowing Beijing to tighten its grip on businesses seeking to sell shares abroad. Since then, companies have committed themselves to meeting these new requirements, and now news is surfacing that some
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