Archive for June 2022
As Solana plans to have its blockchain phone, here’s what happened to the pioneers
Solana (SOL) is planning to have its blockchain phone. It aims to have a new crypto-native phone to be developed by the smartphone maker Osom. Solana Labs, the company behind the Solana blockchain, discloses it’ll launch an android smartphone for the Solana network. It wants to ship the phone to the market in early 2023. […]
FBI warns of Deepfakes interviewing for tech jobs, says the co-worker doesn’t exist
The US FBI has warned of a situation that sees deepfakes and stolen personal details being utilized to apply for work in the US, like faking video interviews. The attention to remote work comes with its good and bad sides. It’s giving room for scamming, resulting in security standards being updated. This deepfakes scam has […]
Entrepreneur First raises $158M at a $560M valuation, includes Stripe’s Collison brothers to her list of backers
Entrepreneur First, known a decade ago in London, has catapulted itself to a portfolio worth $10 billion over more than 500 companies. It’s presently announcing its latest round of fundraising, $158 million. It raises the funds, which come in the form of a Series C, valued at about $560 million. Entrepreneur First investors are majorly […]
Is Globalization Over? And Has the Global Culture War Started?
It’s no news that the process of globalization has slowed. In some cases, it has kicked into reverse. In fact, the world isn’t converging. It’s somewhat diverging. Immigration flows have reduced, and as reported by the Economist, the global trade fell by 5% between 2008 and 2019, accompanied by fresh tariffs and trade barriers. Also, […]
European Council Report faults Slovakia’s approach to national minorities
A Council of Europe report has criticized Slovakia’s approach towards its national minorities. The Council of Europe’s Advisory Committee on the Framework Convention for the Protection of National Minorities said there are grounds to suspect that the Slovakian officials might still be applying the 1945 regulation on property confiscation via the Beneš Decrees that targeted […]
Russian forces look to take control of Severodonetsk as it aims to destroy the whole Donbas step by step, says Zelenskyy
Volodymyr Zelenskyy, the Ukrainian President, has disclosed that the Donbas region of the country is continuing to witness what he termed “massive air and artillery strikes.” According to the president, “The goal of the occupiers in this direction remains the same – they want to destroy the whole Donbas step by step.” The president equally […]
How Europol busted phishing gang responsible for millions of losses
On Tuesday, Europol announced it had dismantled an organized crime group that dabbled in fraud, phishing, scams, and other money laundering activities. This inter-border operation group involved law enforcement authorities from the Netherlands and Belgium. And has experienced the arrests of 9 people in the Netherlands this month. The arrested suspects include men between 25 […]
New tech tools are helping to tackle long-term COVID challenges
COVID-19 cases remain high in the United States–this Memorial Day, confirmed cases were fully six times higher than last year, and the surge continues to spread across the country. The reported jump in cases may well be just the tip of the iceberg, with many experts believing that, due to a significant reduction in testing, […]
How Google Maps restrictions triggered competition scrutiny in Germany
In Germany, the country’s competition regulator is attempting to know how possible abuses relate to how Google works its Maps product. It’s a recent proceeding the German FCO (Federal Cartel Office) has opened against Google after earlier and ongoing investigations into the company’s News Showcase licensing practices and data terms. In Germany, the Maps proceeding […]
French fintech FORMANCE raises $3.1 million for real-time payment flows
FORMANCE, a Paris-based fintech startup, has raised $3.1 million for real-time payment flows. The company, which designs low code solutions to create payment flows in real-time has tapped $3.1 million on a round. The round was co-headed by Hoxton Ventures and Frst and supported by Y Combinator and angel investors, including Don Hoang, Revolut’s former […]