An ongoing cyberattack at U.S. health tech giant Change Healthcare that sparked outages and disruption to hospitals and pharmacies across the U.S. for the past week was caused […]
LoanDepot says about 17 million customers had personal data and Social Security numbers stolen during cyberattack
Almost 17 million LoanDepot customers had sensitive personal information, including Social Security numbers, stolen in a January ransomware attack, the company has confirmed. The loan and mortgage giant […]
Byju’s investors unanimously vote to remove founder
A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against […]
Hohm Energy to scale adoption of rooftop solar across South Africa, backed by $8M seed
In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a […]
Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed
Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between […]
MariaDB’s potential take-private deal is an indictment of 2021’s SPAC mania
The potential sale of MariaDB to K1 Investment Management for $37 million is a capstone on the failed era of SPAC mergers that gained prominence for a brief […]
Singapore-based fintech Xalts acquires digital trade platform Contour Network
In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including […]
Struggling database company MariaDB could be taken private in $37M deal
MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system (RDBMS) confirmed it had received a provisional […]
ProducePay raises $38M to tackle produce supply chain waste
Food waste is a major problem. In the U.S. alone, roughly 30% to 40% of the supply ends up in landfills. A United Nations report estimated that around […]
Paytm to terminate business with Paytm Payments Bank after central bank’s clampdown
Paytm said Thursday that it will cease working with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm […]