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Tag Archives: india

Santander becomes first international bank to launch cross-border, blockchain-based payments, in Spain, UK, Brazil, and Poland on Friday, uses Ripple…

Nicholas Megaw / Financial Times : Santander becomes first international bank to launch cross-border, blockchain-based payments, in Spain, UK, Brazil, and Poland on Friday, uses Ripple tech   —  Santander has become the first international bank to launch a cross-border payments system based on blockchain …

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Epic Games’ Fortnite appears to be coming back online after users reported problems logging in around 5pm ET on Wednesday, which led to emergency…

Ben Kuchera / Polygon : Epic Games' Fortnite appears to be coming back online after users reported problems logging in around 5pm ET on Wednesday, which led to emergency maintenance   —  Fortnite is down for everyone, not just you  —  Update 2 (4 p.m. ET): Epic Games' status page says that all systems are now fully operational.

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Instabridge, the Wi-Fi sharing community, scores $3M more funding for Asia expansion

Sweden’s Instabridge , the Wi-Fi sharing community and mobile app that has proved particularly popular in Brazil and Mexico, has scored $3 million in further funding — money it’s pegged for Asia expansion, starting with India. The new round is led by Luminar Ventures (headed up by Magnus Bergman and Jacob Key), with participation from previous backers Balderton Capital, Draper Associates, Moor, and Creandum. The company had previously raised around $5 million. Originally founded in late 2012 as a way to enable you to share your home Wi-Fi with friends on Facebook, the Stockholm-based company has since pivoted to become a broader Wi-Fi sharing community, and has found traction in developing markets where cellular data remains prohibitively expensive. The Instabridge app lets you share the details of any Wi-Fi hotspot with other Instabridge users, and provides access to Wi-Fi hotspots shared by everyone else in the community. This has enabled it to build a crowdsourced database of Wi-Fi hotspots, in addition to a list of known public venues that have free Wi-Fi, such as McDonald’s or Starbucks. Instabridge says it plans to build on the traction it has seen in South America by targeting India’s population of over 1 billion people, of which it says only 400 million currently have internet access. This, Instabridge co-founder Niklas Agevik tells me, will include building out a team in India, and plays into the company’s new-found mission of expanding internet access in developing countries where internet services remain relatively expensive and yet access to the internet is a proven means of “reducing income inequality”. Meanwhile, I’m told that Instabridge is now seeing 2.3 million Monthly Active Users, and is growing at a rate of 50,000 new users per day. The Instabridge database now houses the details of 2 million Wi-Fi spots.

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Reddit lists the 944 accounts suspected of Russian IRA origin that it removed: 662 had zero karma, 13 had "significant" karma, none placed…

Steven Musil / CNET : Reddit lists the 944 accounts suspected of Russian IRA origin that it removed: 662 had zero karma, 13 had “significant” karma, none placed election-related ads   —  News discussion site says in banned 944 accounts suspected of links to Russian propaganda efforts across social media.

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Reddit lists the 944 accounts suspected of Russian IRA origin that it removed: 662 had zero karma, 13 had "significant" karma, none placed…

Steven Musil / CNET : Reddit lists the 944 accounts suspected of Russian IRA origin that it removed: 662 had zero karma, 13 had “significant” karma, none placed election-related ads   —  News discussion site says in banned 944 accounts suspected of links to Russian propaganda efforts across social media.

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Facebook shares closed up 4.5%, its best trading day in nearly two years, as Mark Zuckerberg testified in the first day of congressional hearings…

Reuters : Facebook shares closed up 4.5%, its best trading day in nearly two years, as Mark Zuckerberg testified in the first day of congressional hearings   —  WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc shares posted their biggest daily gain in nearly two years on Tuesday as Chief Executive …

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Jury rules Apple must pay VirnetX $502.6M for patent infringement; USPTO invalidated VirnetX patents, but final decision on that still pending in…

Bloomberg : Jury rules Apple must pay VirnetX $502.6M for patent infringement; USPTO invalidated VirnetX patents, but final decision on that still pending in appeals court   —  Jury in Texas says Apple infringed four communications patent  —  Latest twist in long-running dispute involving Apple devices

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Virginia-based B2B cybersecurity platform Expel raises $20M Series B led by Scale Venture Partners (Savannah Dowling/Crunchbase News)

Savannah Dowling / Crunchbase News : Virginia-based B2B cybersecurity platform Expel raises $20M Series B led by Scale Venture Partners   —  Savannah Dowling is a writer at Crunchbase News.  She's a Cornell graduate and a Fulbright scholarship awardee.  —  B2B cybersecurity platform Expel announced today that it raised …

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Facebook-backed lawmakers push to gut an Illinois privacy law that requires explicit consent before gathering biometric data and may outlaw some photo…

Russell Brandom / The Verge : Facebook-backed lawmakers push to gut an Illinois privacy law that requires explicit consent before gathering biometric data and may outlaw some photo tagging   —  As Zuckerberg prepares to testify, a powerful Illinois privacy law will be facing a new threat

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Knotel, a WeWork rival planning to use blockchain to track commercial property listings, raises $70M Series B; Pitchbook data shows deal values firm…

Peter Grant / Wall Street Journal : Knotel, a WeWork rival planning to use blockchain to track commercial property listings, raises $70M Series B; Pitchbook data shows deal values firm at ~$500M   —  Latest funding round values firm at about $500 million; company developing service to track space listings

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Knotel, a WeWork rival planning to use blockchain to track commercial property listings, raises $70M Series B; Pitchbook data shows deal values firm…

Peter Grant / Wall Street Journal : Knotel, a WeWork rival planning to use blockchain to track commercial property listings, raises $70M Series B; Pitchbook data shows deal values firm at ~$500M   —  Latest funding round values firm at about $500 million; company developing service to track space listings

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Boston-area antivirus and security software maker Carbon Black files for IPO, reports $162M revenue on a $56M net loss in 2017, up from $116M in…

Dan Primack / Axios : Boston-area antivirus and security software maker Carbon Black files for IPO, reports $162M revenue on a $56M net loss in 2017, up from $116M in revenue in 2016   —  Carbon Black, a Boston-area maker of antivirus software and other endpoint security solutions, has filed for an IPO.

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Instapage raises $15M Series A from Morgan Stanley Expansion Capital for its service that creates personalized landing pages for different visitors…

Anthony Ha / TechCrunch : Instapage raises $15M Series A from Morgan Stanley Expansion Capital for its service that creates personalized landing pages for different visitors   —  Landing pages might not sound like the most exciting problem for a startup to tackle, but Tyson Quick, founder and CEO of Instapage, said that they're a real issue for marketers.

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Piper Jaffray: 82% of American teenagers currently own an iPhone, up from 78% last fall, and 84% say their next phone will be an iPhone (Kif…

Kif Leswing / Business Insider : Piper Jaffray: 82% of American teenagers currently own an iPhone, up from 78% last fall, and 84% say their next phone will be an iPhone   —  - 82% of American teenagers currently own an iPhone, the highest percentage ever in the history of a Piper Jaffray study about teens.

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Piper Jaffray: 82% of American teenagers currently own an iPhone, up from 78% last fall, and 84% say their next phone will be an iPhone (Kif…

Kif Leswing / Business Insider : Piper Jaffray: 82% of American teenagers currently own an iPhone, up from 78% last fall, and 84% say their next phone will be an iPhone   —  - 82% of American teenagers currently own an iPhone, the highest percentage ever in the history of a Piper Jaffray study about teens.

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