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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. The company allows consumers to access their internet banking platform when they make transactions online. From 2016 to 2017, Ozow raised a combined $1.2

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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the 4th and King Caltrain station, followed by a tiny office and then a slightly bigger one in the Flatiron building near Market Street.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

The 1990s: Founding myth 1990: Mike Lynch, an academic in Cambridge, England, borrows—or so the legend goes—£2,000 to start Cambridge Neurodynamics, going on to develop the software that would later give rise to Autonomy. Lynch’s lawyers will later claim that HP executives spent just six hours in conference calls with his team.

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Cybersecurity Snapshot: CISA Hands Down Cloud Security Directive, While Threat from North Korean IT Workers Gets the Spotlight

Tenable

North Korea reportedly uses the money to fund its weapons-development efforts. in 2022 and updated it in 2023 with more due diligence recommendations for employers to avoid falling for the scam. Identify HMIs that dont need to be accessible from the internet and take them offline. x Benchmark v2.1.1

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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched.

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Cybersecurity Snapshot: 6 Things That Matter Right Now

Tenable

That’s the bad news the Cybersecurity and Infrastructure Security Agency’s Cyber Safety Review Board delivered in a recent report. Drive best practices for security hygiene, such as automated vulnerability management, asset inventorying and vulnerability mitigation, as well as secure software development practices.

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Turn Big Failures into Little Failures, and Learn from the Future with Observability

LaunchDarkly

Teaching developers to be comfortable in production and really think, not just, ‘Does my code work? So thank you Kelly for the introduction, I’m Christine, and I’m a developer. And over the years, our development process has turned into something that has been fairly, there’s a lot of steps.