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Author: Zech
After a decade working for large and small businesses, Priyanka Agarwal Chopra discovered a deep passion for building businesses.This passion led her to join IIMA Ventures (formerly IIMA-CIIE), a startup incubator founded by IIM Ahmedabad, where she currently works as the Managing Partner at Seed Investing.”I’d seen the best of both worlds, and my experience at a large company prepared me to build the right systems and help other smaller organizations,” she tells HerStory.Priyanka says her career trajectory wasn’t planned.”I took every opportunity life gave me to become the best version of myself I could be,” she added.After graduating from…
Image credit: Getty ImagesImage Caption, Elon Musk wants humanoid robots to do the work in Tesla factories by next year Article Information Author, João da Silva Role, Business Reporter35 minutes agoElon Musk, president of electric car maker Tesla, said the company will start producing and using humanoid robots starting next year.Musk said in a social media post that the robots will first be used by Tesla, with production expected to begin for sale in 2026.The tech billionaire previously said he expected the robot, called Optimus, to be ready for use in Tesla factories by the end of the year.Other companies,…
On Monday, Hong Kong-based gaming software company Animoca Brands, The Open Network (TON) blockchain, Moca Network, and the MOCA Foundation announced a new partnership to drive adoption of the Open Network ecosystem and position itself in GameFi and Web3 gaming. MOCA and Toncoin Reserve As part of the partnership, The Open Network Foundation, Mocaverse and MOCA Foundation will work together to create a $20 million MOCA Coin, the native token of the Layer 1 (L1) blockchain, as well as a Toncoin reserve, according to the announcement. The reserve will encourage adoption of the Open Network ecosystem by developers and users…
A congressional committee on Monday called for testimony from the chief executive of the security company that made the botched update that caused Friday’s widespread computer outage, according to a letter provided exclusively to The Washington Post, deepening lawmakers’ investigation into the incident.Republican leadership of the House Homeland Security Committee has demanded that CrowdStrike CEO George Kurtz appear before Congress by Wednesday to explain how the outage happened and what “mitigation steps” the company is taking to prevent it from happening again in the future.Kurtz Check on Friday A flawed content update distributed to Windows users caused outages that disrupted…
(Reuters) – Israeli cybersecurity startup Wizz has ended talks with Google parent Albabet on a reported $23 billion deal that would have been the U.S. tech giant’s biggest acquisition ever, according to a company memo seen by Reuters. Wizz CEO Assaf Rapaport said the company remains focused on its initial public offering as originally planned and aims to reach $1 billion in annual recurring revenue. “It would be difficult to turn down such a tough offer, but our great team gives us the confidence to make that choice,” Rapaport said in the memo about the offer. Neither Alphabet (NASDAQ:) nor…
Wiz CEO Assaf RapaportGerin Brask (Forbes) The cybersecurity company, recently valued at $12 billion, will eventually pursue an IPO, CEO Assaf Rapaport said in the letter obtained by Forbes. Talks for Google to acquire cybersecurity unicorn Wiz have fallen apart, according to a letter sent by Wiz CEO Assaf Rapaport to company employees on Monday night. “I know the past week has been a tense one with rumors of a potential acquisition. We are honored by the offer we received, but have chosen to continue on our path to building The Wiz,” Rapaport wrote to Wiz staff in a letter…
On Friday, the world was hit by what many are calling the biggest IT outage in history, with 8.5 million Windows computers crashing and unable to reboot. The culprit was a bug caused by an automatic update to CrowdStrike’s Falcon, software that until Friday no one outside of cybersecurity experts had ever heard of. Falcon is a type of software called “endpoint detection and response,” or EDR for short. It’s like antivirus on steroids. Once installed, Falcon monitors your computer for signs of cyberattack. It can collect data such as files users open, programs they run, and websites they visit.…
How to avoid scams and fraud onlineUse these cybersecurity tips to avoid scams and fraud online.The city of Columbus is investigating a cybersecurity incident that city officials say is unrelated to Friday’s CrowdStrike global outage that affected airlines and many other businesses, government operations and regular citizens.Mayor Andrew J. Ginther said in a media release Monday that the city’s Technology Office believes the cause of the city’s cybersecurity issues may have stemmed from a city employee opening a malicious email.The technology bureau found “evidence of anomalies” in its systems on Thursday that were unrelated to CrowdStrike’s global outage, according to…
BBVA selected Telefónica Tech to incorporate cutting-edge technologies in artificial intelligence and process automation to prevent cyber threats and strengthen the cybersecurity of its operations on a global scale. In addition, the partnership includes the creation of a new center of expertise in Mexico, which will serve as a mirror of BBVA’s existing Global Cybersecurity Center in Spain. The two centers combined will provide a comprehensive and uninterrupted service for the entire Group. The development of this new project makes Telefónica Tech one of BBVA’s main strategic partners in cyber security. The bank will incorporate the technology company’s latest advancements,…
Hello,Budgeting is a difficult task to balance.Hopes are high for India’s startup ecosystem as Finance Minister Nirmala Sitharaman is set to present the seventh consecutive Union Budget and the first of the Modi 3.0 government today. While start-ups are excited about the launch of new schemes to encourage inward investment, many also want the Budget to address other issues such as corporate tax, Section 68 of the Income Tax Act and the re-dwelling tax regime.EV manufacturers are looking to the government for subsidies for production and sales, as well as the third round of the Faster Adoption and Manufacturing of…