Hammerspace ingests $56M for a new approach to work with vast amounts of unstructured data
Data may be “the new oil,” but only when it can be extracted and put to use. Today, a five year-old startup called Hammerspace that is giving any kind of data that lease of life is announcing $56 million in funding — its first institutional investment — as it expands
Read MoreWhy Employee Mistakes are the Biggest Cybersecurity Threat and How to Train Them
With almost 88% of data breaches being caused by employee mistakes, a strong human risk management program with regular employee training and cybersecurity awareness is critical, says Carey van Vlaanderen, CEO of ESET Southern Africa. Ask any cybersecurity specialist about their biggest network safety concern, and it’s likely that they’ll
Read MoreEgyptian Fintech to Revolutionise Cashless Payments
Flash, Egypt’s new cashless payment app that provides cashless payment solutions for consumers and businesses through a scan and pay service. The application allows consumers to make a purchase with their phones by adding any existing bank card or digital wallet on the app once and scanning a QR code
Read MoreVanMoof, the e-bike startup, officially declared bankrupt in The Netherlands
Another grim stage for VanMoof, the e-bike startup backed by venture capitalists to the tune of hundreds of millions of dollars. After making a last-hour effort to stave off bankruptcy last week, the court of Amsterdam has taken the step of officially declaring bankruptcy for the company’s Dutch legal entities,
Read MoreUS government launches the Cyber Trust Mark, its long-awaited IoT security labeling program
The Biden administration has launched its long-awaited Internet of Things (IoT) cybersecurity labeling program that aims to protect Americans against the myriad of security risks associated with internet-connected devices. The program, officially named the “U.S. Cyber Trust Mark,” aims to help Americans ensure they are buying internet-connected devices that include
Read MoreHashtag Trending Jul.18-Meta fined $100,000 a day for privacy violations; Reddit annoys moderators again; Google tightens PlayStore policies
Meta is being fined $100,000 per day for privacy violations in Norway, Reddit does it again – another new policy that’s annoying the moderators, the great Linux debate continues and Google tightens up on PlayStore policies. These and more top tech news stories on Hashtag Trending. I’m your host
Read MoreThe Biden Administration is tackling smart devices with a new cybersecurity label
Illustration by Carlo Cadenas / The Verge The Biden Administration is unveiling a new cybersecurity label for smart devices today. In a press briefing, Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel said the new label, called the US Cyber Trust Mark, will signify that devices bearing it meet security standards
Read MoreHow to Stay Safe in The Metaverse? Security Laws and Privacy Protocols
The concept of the metaverse has evolved from an eccentric idea proposed by a disconnected billionaire to a promising realm that is expected to experience significant investment and growth in the coming years. As the technology driving the metaverse becomes more accessible and cost-effective, the innovations within it become more
Read MoreID verification platform Bureau bumps its Series A to $16.5M
Identity verification platform for businesses, Bureau, has added $4.5 million in its Series A, bringing its total to $16.5 million. The funding was raised from GMO Venture Partners and GMO Payment Gateway. Other investors in the round include Quona Capital and Commerce Ventures. Bureau has now raised $20.5 million to
Read MorePUMA Unveils Metaverse Black Station 2
PUMA, the renowned sports company, unveiled Black Station 2, a metaverse platform that bridges the gap between the digital and physical realms, offering users the opportunity to purchase phygital footwear. Black Station 2 expands upon the initial Black Station launch during New York Fashion Week last September. The original Black
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