On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would probably like to forget. Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), […]
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Most people today think of slavery as a barbaric system from a bygone era, but for millions of victims around the world, it continues to be a day-to-day reality. According to research from the United Nations (UN), more than 40 million people worldwide were enslaved as of 2016, mostly through human trafficking rings, which earn […]
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Ripple, the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk, citing a Business Standard report late last week, reported the companies behind the lobbying group also include the RippleWorks Foundation; Coil, a company developing a solution for digital payments; Hard Yaka, an investment firm focusing on […]
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A crypto coalition led by Ripple plans to pay D.C. lobbyists to impact the government’s stance on cryptocurrencies. Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto […]
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Here’s the thing: Does Google know how to yell? Or even raise its voice from time to time? Odd questions, huh? But they came to mind when considering all the new ways in which Google — and other digital operations, no doubt, but Google is Google and even its shadow weighs more than others — is […]
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Want a nod to the power of a message – to the power of social media? Look no further than the weight of a single WhatsApp message, which sank a stock in India, erasing almost three quarters of its value. Bloomberg reported Friday that eCommerce firm Infibeam Avenues Ltd shares plunged 71 percent after a […]
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After coming across a breach earlier in the week, Facebook said on Friday (Sept. 28) that roughly 50 million of its users had their data exposed through an attack on its network. Facebook found that attackers were able to take control of user accounts through a function within the platform’s code, The New York Times reported. […]
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Following its acquisition of JUMP Bikes, Uber is looking to create its own versions of scooter and bikes. The company is bringing recruiting, supply chain and other staff to southern China to work with scooter and bike manufacturers, Bloomberg reported. Rachel Holt, who heads up Uber’s New Mobility unit, said the ride-hailing company might launch […]
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Big Tech companies Amazon, Apple, AT&T, Charter, Google, and Twitter have backed the idea that there is a need for new federal data privacy protection laws during a hearing before Congress this week. The Guardian, citing a Senate commerce committee hearing, reported representatives of the companies all agreed that something has to be done — […]
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The number of businesses with integrated enterprise risk management (ERM) programs, technologies and strategies is on the rise. Most businesses surveyed by RIMS in its 2017 ERM Benchmark Survey have either partially or fully integrated their ERM programs, and fewer firms say they have no plans to do so, compared to 2013 figures. However, a […]
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