Pan-African incubator MEST announced investments in 11 startups from its 2019 cohort that will each receive $100,000 in financing. The $1.1 million backing for a graduating class is the largest to date for the Accra-based organization — which operates as a training program and seed fund for African innovators to build successful commercial tech companies. ...

Movie ticket subscription service MoviePass has exposed tens of thousands of customer card numbers and personal credit cards because a critical server was not protected with a password. Mossab Hussein, a security researcher at Dubai-based cybersecurity firm SpiderSilk, found an exposed database on one of the company’s many subdomains. The database was massive, containing 161 ...

A popular ****** **** site that promises anonymity to its 1.1 million users left a user database exposed without a password, allowing anyone to identify users by their email addresses. You might not have heard of Luscious.net unless you’re into ****** and manga **** but it’s one of the most popular websites in the U.S., ...

SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank’s own Vision venture fund, according to a new report from the Wall Street Journal. That’s a highly unusual move that could be risky in terms of how much ...

Chinese mobile-phone and device maker Transsion is teaming up with Kenya’s Wapi Capital to source and fund early-stage African fintech startups. Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa that recently confirmed its imminent IPO. Wapi Capital is the venture fund of Kenyan fintech startup Wapi Pay—a Nairobi based company that facilitates digital ...

Croatia has not exactly been known for a huge startup scene in the past, and probably its most famous tech company out of there in recent years has been Rimac Automobili, the $125.9 million-raised startup out of Zagreb which created an electric supercar to rival anything Porsche might make. But the technical talent in the ...

It’s generally agreed that Higher Education in the United States has gradually become more and more unaffordable. Students are dependent on external financial resources for which many of them do not even qualify. Students that are able to secure a loan, often have to take on debts they can’t really afford. And if they don’t ...

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. Phones, laptops and game consoles get tariff reprieve until December The Dow Jones ...

Users of credit monitoring site Credit Karma have complained that they were served other people’s account information when they logged in. Many took to a Reddit thread and complained on Twitter about the apparent security lapse. “First time logging in it gave me my information, but as soon as I refreshed the screen, it gave ...

Obviously, not everyone owns their boat, and boat ownership is far more unique than car ownership – which makes it maybe an ideal category for peer-to-peer marketplace rentals. P2P boat rental startup Boatsetter recognized this opportunity, and is now announcing a $10 million Series A “extension” funding round to help it grow its business, with ...