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Fintech firm Lendingkart raises Rs 319 crore in Series D funding- Tempemail – Blog – Emails

Read Article Financial technology company Lendingkart Technologies has said it raised an equity round of more than Rs 319 crore in its Series D round — comprising Rs 233 crore as part of D1 and Rs 86.24 crores as part of D2 fundraise. The funding will be deployed to expand the company’s lending base and […]

1 Indian firm paid Rs 8 crore on average to rectify ransomware: Report- Tempemail – Blog – Emails

Read Article An Indian firms paid over Rs 8 crore ransom on average to mitigate the impact of ransomware on its operations and overall, 82 per cent Indian firms were hit by ransomware in the past 12 months, a 15 per cent increase from 2017, a new report said. Two out of three (66 per […]

CyberArk acquires ‘Identity as a Service’ firm Idaptive- Tempemail – Blog – Emails

Read Article CyberArk has announced it has acquired Santa Clara, California-based IDaptive Holdings, Inc. (Idaptive). Together, CyberArk and Idaptive will deliver the industry’s only modern identity platform with a security-first approach. Through the acquisition, CyberArk and Idaptive will deliver a comprehensive Artificial Intelligence (AI)-based, security-first approach to managing identities that is adaptive and context-aware, and […]

Uber banks on two-wheeled future with $170m stake in Lime scooter rental firm | Technology – Blog – Emails

Uber made a $170m bet on Thursday that as the coronavirus pandemic upends its business, two wheels may be better than four. The ride-sharing business has partnered with Alphabet, Google’s parent, and Bain Capital Ventures to invest the money in Lime, an electric scooter and bike rental company. Under the deal Uber will transfer Jump, […]

Tencent buys 5 percent stake in Australian buy-now-pay-later firm Afterpay – Finance – Software- Tempemail – Blog – Emails

Chinese gaming and social media group Tencent Holdings has bought a 5 percent stake in Afterpay Ltd, the Australian buy-now-pay-later firm said on Friday. Tencent’s shareholding in the Australian firm was worth about A$390 million (US$251.55 million), based on Afterpay shares’ closing level on Friday. The Chinese tech giant, which owns stakes in video game […]

Social impact firm Purpose joins Capgemini- Tempemail – Blog – Emails

On February 12, 2020, Capgemini announced the signing of an agreement to acquire Purpose, one of the world’s leading social impact agencies and hub for campaign innovation, headquartered in New York with outlets across the globe. The expertise of Purpose’s 100 campaigners, creatives, strategists and technologists, combined with Capgemini Invent, the digital innovation, consulting and […]

ICANN nixes ISOC .org deal with private equity firm Ethos Capital – Training & Development – Telco/ISP- Tempemail – Blog – Emails

In a surprise move, the Internet Association of Assigned Names and Numbers has withheld its consent for the controversial transfer of the Public Interest Registry, in charge of 10.5 million .org domain names, from the Internet Socity to private equity firm Ethos Capital. ICANN is the US-based not-for-profit tasked with managing databases that detail the […]

Amazon buys heat-sensing cameras from blacklisted Chinese firm | Technology – Blog – Emails

Amazon has bought cameras to take the temperatures of workers during the coronavirus pandemic from a firm the US previously blacklisted over allegations it helped China detain and monitor the Uighurs and other Muslim minorities, three people familiar with the matter told Reuters. China’s Zhejiang Dahua Technology Co Ltd shipped 1,500 cameras to Amazon this […]

Chip technology firm Arm to ease fees for startups – Strategy – Hardware- Tempemail – Blog – Emails

Arm, the British firm whose chip technologies power most smart phones, said on Wednesday it was easing fees for startup companies and providing free offerings to an incubator for early-stage chip firms. Arm, owned by Japan’s Softbank, licenses its intellectual property to companies like Qualcomm, Apple and Samsung, which in turn use the technology in […]

Amazon turns to Chinese firm on US blacklist to meet thermal camera needs – Networking – Security – Software- Tempemail – Blog – Emails

Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted over allegations it helped China detain and monitor the Uighurs and other Muslim minorities, three people familiar with the matter told Reuters. China’s Zhejiang Dahua Technology Co Ltd shipped 1,500 cameras to Amazon this […]