Razer is closing its game store after less than a year

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 digital game store at the end of […]

February 18th, 2019 01:00 AM

China tells teachers to quit assigning homework through WeChat

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 to grade students’ assignments. As mobile internet […]

February 18th, 2019 12:54 AM

GoCardless raises $75M Series E for its recurring payments network and heads to America

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 gas in a bid to become the […]

February 18th, 2019 12:00 AM

Etsy error resulted in large amounts being withdrawn from some sellers’ bank accounts and credit cards

An Etsy bill payment error resulted in large amounts of money being withdrawn from several sellers’ bank accounts and credit cards on Friday morning.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 Monday is a federal holiday in the United […]

February 17th, 2019 10:06 PM

Stop saying, “We take your privacy and security seriously”

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 in a “mea culpa” email to […]

February 17th, 2019 07:07 PM

UK parliament calls for antitrust, data abuse probe of Facebook

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 today, the committee has also called for […]

February 17th, 2019 07:01 PM

What business leaders can learn from Jeff Bezos’ leaked texts

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 first computer security companies in the […]

February 17th, 2019 04:30 PM

SeaBubbles shows off its ‘flying’ all-electric boat in Miami

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, windowless white boat they’ve lovingly dubbed […]

February 17th, 2019 01:44 PM