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Posts Tagged ‘chairman’

Africa’s top mobile phone seller Transsion to list in Chinese IPO

Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market, Transsion confirmed to TechCrunch. The company—which has a robust Africa sales network—could raise up to 3 billion yuan (or $426 million). “The company’s listing-related work is running smoothly. The registration application and issuance process is still underway, with the specific ...

As tech giants face Congressional investigation, states must step up regulatory oversight too

Tiffany Olson Kleemann Contributor Tiffany Olson Kleemann is the chief executive officer of Distil Networks. She formerly served in executive roles at Symantec and FireEye and was deputy chief of staff for cybersecurity operations under President George W. Bush. More posts by this contributor Bots distorted the 2016 Election. Will the midterms be a sequel? ...

FTC hits Equifax with fine of up to $700M for 2017 data breach

Credit agency Equifax will pay up to $700 million in fines as part of a settlement with federal authorities over a data breach in 2017. The Federal Trade Commission said in a statement Monday that Equifax has agreed to initially pay at least $575 million in fines as part of the settlement with the federal ...

OneTrust raises $200M at a $1.3B valuation to help organizations navigate online privacy rules

GDPR, and the newer California Consumer Privacy Act, have given a legal bite to ongoing developments in online privacy and data protection: it’s always good practice for companies with an online presence to take measures to safeguard people’s data, but now failing to do so can land them in some serious hot water. Now — ...

Toronto Raptors founder brings Bird scooters to Canada as a platform partner

Bird’s somewhat weird but also very clever global expansion model is to let others handle it, and one of those others is bringing their service online this month. Bird Canada, which is a wholly Canadian-owned company entirely distinct from Bird, will begin offering on-demand electric scooter rental service in Alberta this month, with plans to ...

AT&T’s WarnerMedia might be punting on its original streaming service plans

WarnerMedia’s plans for a three-tiered streaming service appear to be influx. The AT&T-owned company is reportedly scrapping that idea and opting instead to offer HBO, Cinemax and the library of Warner Bros. content in a single subscription service that would cost between $16 and $17 a month, Wall Street Journal reported citing unnamed sources. The ...

FT parent Nikkei confirms it has acquired new media startup Deal Street Asia

It’s official: Nikkei, the Japanese media firm that owns the FT, has confirmed that it has acquired Singapore-based new media startup Deal Street Asia. (The Nikkei announcement is buried behind a paywall — make of that what you will!) The deal is undisclosed, but the announcement does confirm a TechCrunch report from last month which ...

Tesla’s board is about to get a lot smaller

Tesla is cutting its board down by more than one-third to seven directors by 2020, a move that includes the loss of some CEO Elon Musk’s early advisers and allies, according to regulator filings posted Friday. The filing comes days before a busy week for Tesla that will include an April 22 event meant to ...

After its first attempt botched the landing, SpaceIL commits to second Beresheet lunar mission

The minds behind Israel’s SpaceIL attempted lunar landing convened today to begin planning for a second lunar mission. In an announcement yesterday, the chairman of SpaceIL, Morris Kahn, said that the leaders of the group behind the Beresheet launch would begin meeting to find a new group of donors for another run at a lunar ...

Judge to SEC and Elon Musk: Put your ‘reasonableness pants on and work this out’

Tesla, Elon Musk and the U.S. Securities and Exchange Commission have two weeks to work out their differences and come to a new resolution, a U.S. judge said Thursday at the conclusion of a hearing held to determine whether the automaker’s CEO should be held in contempt for his Twitter use. The SEC had asked ...