An Etsy bill payment error resulted in large amounts of money being withdrawn from several sellers’ bank accounts and credit cards on Friday morning. While the company says the issue has been resolved and was not the result of fraud, the headache isn’t over for affected sellers because...
Compared to startups born into the frothy London fintech space as it exists today, 2011-founded GoCardless could well be considered a slow burner. However, in more recent years, the nearly 300 person company — headed up by co-founder and CEO Hiroki Takeuchi — has undoubtedly stepped on the...
China’s education authorities are about to take some burden off parents with school-aged children. A proposal posted last week by the Department of Education in China’s eastern province of Zhejiang said teachers should be banned from using WeChat, QQ or other mobile apps to assign homework or ask parents...
Razer is one of the dominant brands in gaming when it comes to buying equipment to play, but one of its biggest efforts to own a larger slice of digital spending hasn’t gone according to plan. After less than a year, the company announced that it will close its...
A final report by a British parliamentary committee which spent months last year investigating online political disinformation makes very uncomfortable reading for Facebook — with the company singled out for “disingenuous” and “bad faith” responses to democratic concerns about the misuse of people’s data. In the report, published...
In my years covering cybersecurity, there’s one variation of the same lie that floats above the rest. “We take your privacy and security seriously.” You might have heard the phrase here and there. It’s a common trope used by companies in the wake of a data breach — either...
We were promised flying cars but, as it turns out, flying boats were easier to build. SeaBubbles, a “flying” boat startup that uses electric power instead of gas, hit Miami this weekend to show off one of its five prototype boats — or six, if you count an early,...
Joel Wallenstrom Contributor Joel Wallenstrom is president and chief executive of Wickr, a secure communications company. Before Wickr, Joel co-founded iSEC Partners, one of the world's leading information security research teams, later acquired by NCC Group, and served as Director for Strategic Alliances at @stake, one of the very...
Joanna Glasner Contributor More posts by this contributor Startup names may have passed peak weirdness Where seed and early-stage funding is growing, contracting or holding steady Some 17 years ago, when internet dating was popular but still kind of embarrassing to talk about, I interviewed an author who was particularly bullish on the...
A storm is brewing over a new language model, built by non-profit artificial intelligence research company OpenAI, which it says is so good at generating convincing, well-written text that it’s worried about potential abuse. That’s angered some in the community, who have accused the company of reneging on...