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Monthly Archives: August 2023
As Better.com readies for its public debut, CEO Vishal Garg says he went through ‘a lot of leadership training’
Online mortgage lender Better.com is making its public debut Thursday on the Nasdaq Capital Market under the ticker symbols “BETR” and “BETRW.” The stock will be priced at $10 per share. After merging with SPAC Aurora Acquisition Corp., the combined … Continue reading
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Maria Shriver’s, Patrick Schwarzenegger’s MOSH noshes on $3M for retail expansion
MOSH, a brain health brand started by Maria Shriver and Patrick Schwarzenegger, took in its first institutional capital of $3 million in Series A financing to accelerate its retail distribution strategy. The round was led by clients of MSA Advisors, … Continue reading
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QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation
QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 1% stake in India’s largest retail chain, the two firms said Wednesday. The investment values Reliance Retail, part of Mukesh Ambani’s Reliance Industries, at $100 billion. Reliance … Continue reading
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Hackers exploit WinRAR zero-day bug to steal funds from broker accounts
Cybercriminals are exploiting a zero-day vulnerability in WinRAR, the venerable shareware archiving tool for Windows, to target traders and steal funds. Cybersecurity company Group-IB discovered the vulnerability, which affects the processing of the ZIP file format by WinRAR, in June. … Continue reading
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Crypto lender Maple Finance raises $5M to enter Asia amid regulatory clarity
Maple Finance, an on-chain, institutional credit marketplace that’s aspiring to fill a gap left behind by the collapses of crypto lending heavyweights like BlockFi and Celcius, has its sight set on Asia as financial hubs like Hong Kong and Singapore … Continue reading
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Jobs platform CakeResume gets $5 million in fresh funding
CakeResume, used by tech companies like Google, Nvidia and TSMC to find new talent, announced today it has raised $5 million in Series A funding. The round was led by returning investor Mynavi, one of Japan’s largest human resources companies, … Continue reading
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Dice books $65M for its event discovery and ticketing platform
Live, in-person activity has come back with force in the wake of years of living with Covid-19, and a London startup that built an events tech business is today announcing funding to capitalise on that. Dice, an events discovery and … Continue reading
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Meta plans to roll out default end-to-end encryption for Messenger by the end of the year
Meta said today that the company plans to enable end-to-end encryption by default for Messenger by the end of this year. The tech giant is also expanding its test of end-to-end encryption features to “millions more people’s chats.” The company … Continue reading
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Snap overhauls India organizational structure, appoints new head
Snap has restructured its reporting system in India and named Pulkit Trivedi as the new country head, underscoring the increasing importance of the South Asian market to the company. Snapchat’s parent company will now have its Indian team report directly … Continue reading
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