• 30
    Jan

    Avast shuts down marketing analytics subsidiary Jumpshot amid controversy over selling user data

    Avast has made a huge business out of selling antivirus protection for computers and mobile devices, but more recently it was revealed that the Czech-based cybersecurity specialist was also cultivating another, more controversial, revenue stream: harvesting and selling on user data, some of which it amassed by way of those security tools. But as of today, the latter of those businesses is no longer. Avast  announced that it ...
  • 30
    Jan

    Tesla temporarily closes Shanghai factory over coronavirus concerns

    Tesla  has shut down its Shanghai factory as part of a broader order by the Chinese government to stem the spread of the coronavirus in the region, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during an earnings call Wednesday. Prior to the ...
  • 30
    Jan

    Facebook will pay $550 million to settle class action lawsuit over privacy violations

    Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small fraction of the $35 billion maximum the company could have faced. Class members — basically Illinois Facebook users from mid-2011 to mid-2015 — may expect as much ...
  • 29
    Jan

    Match Group CEO Mandy Ginsberg is stepping down

    Match  Group, home to Tinder, Match, OkCupid, PoF and a host of other online dating apps, announced today that CEO Mandy Ginsberg would be stepping down from her position after 14 years with the company. She’s served in the CEO role since her appointment in 2017. Related to this, Ginsberg will also resign from Match’s board of directors. Assuming her position is Shar Dubey, currently ...
  • 29
    Jan

    Toothless: Facebook proposes a weak Oversight Board

    Facebook’s  internal “Supreme Court” can’t set precedents, can’t make decisions about Facebook Dating or Marketplace, and can’t oversee WhatsApp, Oculus, or any messaging feature, according to the bylaws Facebook proposed today for its Oversight Board. It’s designed to provide an independent appeals process for content moderation rulings. But it will only be able to challenge content taken down, not left up, until at ...
  • 29
    Jan

    OpenPhone grabs $2 million for its business phone number app

    Y Combinator graduate OpenPhone is raising a $2 million funding round led by Slow Ventures. The company is working on an app that lets you seamlessly get a business phone number without a second phone or a second SIM card. Y Combinator, Kindred Ventures, Garage Capital, 122WEST Ventures and others are also participating in today’s funding round. Compared to Aircall and other enterprise solutions, ...
  • 29
    Jan

    HeyMama, a premium social network for working moms, raises $2 million

    As we spend more and more time on our phones, working busier and busier jobs, and leading more and more overwhelming lives, personal connection with others is harder and harder to come by. HeyMama wants to change that. The premium social network is aimed squarely at working mothers, looking to give them a space to connect, communicate, and learn from each other. ...
  • 28
    Jan

    Practice Fusion, once backed by top VCs, pushed doctors to prescribe opioids in kickback scheme

    Practice Fusion,  a medical records startup that attracted more than $150 million from VCs, including at Founders Fund, Kleiner Perkins, and Artis Ventures, has received its share of negative press since selling to its older, publicly traded rival Allscripts in a $100 million cash deal in early 2018. Yet it appears that Practice Fusion, founded in 2005, was run even more poorly than ...
  • 28
    Jan

    Flipboard expands into local news

    Flipboard, the personalized news aggregation app used by 145 million users per month, is today launching a new feature aimed at bringing local news coverage to 23 cities across the U.S. and Canada, including major metros like New York, L.A, San Francisco, Seattle, D.C., Boston, Dallas, Chicago, and many others. The goal with the new offering is to give Flipboard  users an ...
  • 28
    Jan

    LabCorp website bug exposed thousands of medical documents

    A security flaw in LabCorp’s  website exposed thousands of medical documents, like test results containing sensitive health data. It’s the second incident in the past year after LabCorp said in June that 7.7 million patients had been affected by a credit card data breach of a third-party payments processor. The breach also hit several other laboratory testing companies, including Quest Diagnostics. This latest security ...