Wednesday, 21 Nov 2018
Category: SMS

Meet the startups in the latest Alchemist class

Alchemist is the Valley’s premiere enterprise accelerator and every season they feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model. You can watch […]

SIM swap hacker caught in Florida

Florida police have arrested a 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM swapping techniques to steal thousands in Bitcoin and to “drain bank accounts,” according to security researcher Brian Krebs. Handschumacher’s scam was simple: He called telecom operators and asked them to swap […]

Twitter posts record $100M profit but loses 1M users

The social media apocalypse is on us this week. Days after Facebook’s stock took a record $123 billion plunge on a poor earnings report, Twitter’s shares are down nearly 20 percent after the company announced falling users numbers. The microblogging service recorded a drop of one million monthly users in Q2, with 335 million overall and […]

Safaricom rolls out Bonga social networking platform to augment M-Pesa

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Business solutions firm Africa’s Talking closes $8.6M round led by IFC Uber and Taxify are going head-to-head to digitize Africa’s two-wheeled taxis When it comes to monetizing digital social […]

Seattle’s new venture firm, Flying Fish, holds a first close on its targeted $80 million fund

The founding partners of the new Seattle-based venture firm Flying Fish met as angel investors deploying capital in the talent-heavy, cash-light region around Amazon and Microsoft’s corporate headquarters. “We’ve underperformed relative to the talent pool,” is how Heather Redman, one of the firm’s three founding partners, describes the region. Well, now Flying Fish has held a […]