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Crypto asset management platform Cobo bags $40M Series B

KATE PARK

Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global, A&T Capital and IMO Ventures. The company will use its proceeds for the development of DeFi as a service (DFaaS) infrastructure and its existing […]

Following expert advice, FDA authorizes boosters for people 65+, high risk

BETH MOLE

Advisors for the CDC will meet Thursday to set guidance on use of boosters.

Are Eastern European startups overlooked and undervalued?

ANNIE SAUNDERS

Recent research suggests a significant proportion of Russian-speaking and Eastern European entrepreneurs find it challenging to win over investors and are not successfully raising seed funding.

LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal

INGRID LUNDEN

LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points to its ambitions in another, emerging area: next-generation automotive hardware and services. Today the company announced that it will be snapping up Cybellum, an Israeli automotive cybersecurity […]

Nigerian businesses can now accept Apple Pay on Paystack

TAGE KENE-OKAFOR

Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration "the fastest, secure way for Nigerian businesses to accept international payments." Apple Pay, Apple's mobile payments and digital wallet service, provides users […]

Google files writ with Indian court against local watchdog following report leak

MANISH SINGH

Google on Thursday filed a writ petition in the Delhi High Court against the Competition Commission of India following following the leak of a damning confidential report about the nation's watchdog interim fact-finding in an antitrust probe. The report, which Google has yet to formally receive or review, said the American giant had abused the dominant […]

London’s Jiffy scoops $28M for speedy grocery delivery

NATASHA LOMAS

Well that was fast. London grocery delivery upstart, Jiffy — which was only founded in April this year — has nabbed $28 million in Series A funding around half a year after initial £2.6M seed raise. It says it's now raised a total of $35M. The grocery delivery startup operates a network of its own […]

Ransomware Isn't Back. It Never Left

LILY HAY NEWMAN

A recent wave of attacks belies an apparent lull toward the end of the summer.

The Lost Tale of an 18th-Century Tsunami, as Told by Trees

MAX G. LEVY

Local evidence of the cataclysm has literally washed away over the years. But Oregon’s Douglas firs may have recorded clues deep in their tree rings.

He Escaped the Dark Web's Biggest Bust. Now He's Back

ANDY GREENBERG

DeSnake apparently eluded the DOJ's takedown of AlphaBay. The admin talked to WIRED about his return—and the resurrection of the notorious underground marketplace.

Zola Electric closes $90M funding round to scale technology and enter new markets

TAGE KENE-OKAFOR

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Some reports peg these numbers between 500 million and 2 billion people despite the prevalence of renewable energy providers in these regions. Zola Electric, one such provider, is announcing today that it has closed $90 million in new funding […]

Travel technology platform Spotnana launches with $41M

CHRISTINE HALL

Spotnana's open API platform provides travel inventory from dozens of global sources and integrations with third-party workplace technology providers for ease of travel management.

Cybersecurity startup Sternum raises $27M to ‘immunize’ IoT devices

CARLY PAGE

Sternum, a three-year-old IoT cybersecurity startup based in Tel Aviv, has secured $27 million in Series B funding, led by Spark Capital. Internet of Things devices are more popular than ever, yet cybersecurity remains a looming concern. The number of attacks on IoT devices more than doubled during the first six months of 2021, according to […]

Sofar and DARPA look to standardize ocean monitoring gadgets with Bristlemouth

DEVIN COLDEWEY

The ocean is important to countless industries, but we still only have a rough idea of what it's like as a whole at any given time. To foster a new generation of ocean-monitoring floats and other devices, Sofar Ocean Technologies and DARPA are publishing an open hardware standard called Bristlemouth so that researchers will have […]

In This Monopoly-Style Game, Race and Privilege Are Currency

SEBASTIAN SKOV ANDERSEN

The creators of Blacks & Whites want to make talking about inequality easier—and might teach your racist uncle a thing or two.