Cyber criminals net £8bn from financial services in 2016
Computer Weekly
FEBRUARY 27, 2017
Organised cyber fraud gangs are turning their attention to online lenders and emerging financial services, potentially netting £8bn in 2016, a report reveals
TechNet Augusta 2016: Defensive Cyber
CTOvision
SEPTEMBER 15, 2016
Defensive cyber includes passive and active cyberspace operations intended to preserve the ability to utilize friendly cyberspace capabilities and protect data, networks, net-centric capabilities, and other designated systems. This includes actively hunting for threats as well as internal responses to threats.
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Seattle marketing company Banzai goes public, rings opening bell at Nasdaq following SPAC deal
GeekWire
DECEMBER 15, 2023
Founded in 2016, Banzai announced a year ago that it planned to go public by merging with a SPAC group led by 7GC Holdings , a partnership between San Francisco-based tech investment firm 7GC and SPAC sponsor Hennessy Capital. 30, 2022, and a net loss of $8.5 Banzai employees rang the opening bell at Nasdaq today in New York City.
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Tech News Roundup March 16
CTOvision
MARCH 16, 2016
Consumer Electronics Net. IT Business Net. Sony to launch Playstation VR for $399 right before 2016 holiday season. City Council Recap: March 15, 2016 | Fayetteville Flyer - Fayetteville Flyer. Trifacta Expands Federal Market Presence to Accelerate the. CrowdStreet raises $3.5M
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E-commerce company Kaspien, previously known as Etailz, is shutting down and laying off staff
GeekWire
DECEMBER 19, 2023
year-over-year, and a net loss of $1.8 The company reported a net loss of $5.1 The company traces its roots to a largely bootstrapped Spokane startup called Etailz that was acquired by Trans World Entertainment in 2016 for $75 million in cash and stock. Kaspien has less than 100 employees, according to LinkedIn. 28, down 9.3%
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IBM: Tax-related spam up 6,000% since Dec.; Darkweb tactics net billions
Network World
APRIL 5, 2017
The notion that spam has been increasing lately has been obvious recently and for more evidence of that nasty trends you need look no further than this fact: From Dec 2016 to Feb 2017, IBM X-Force researchers saw a 6,000% increase in tax-related spam emails. Tis’ the season for tax villains.
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‘Baby bond’ legislation aims to address wealth gaps in Washington state
GeekWire
FEBRUARY 8, 2023
One in ten Washington households have zero or negative net worth, while 36% have a net worth of $500,000 or more, the report found. In 2016, the median white family had more than ten times the wealth of the median black family, according a report by McKinsey & Co. Household net worth in Washington State and the U.S.
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Nutanix continues streak of Customer Support Excellence with a 2016 Net Promoter Score (NPS) of 90 Again!
Nutanix
OCTOBER 18, 2019
Our Net Promoter Score (NPS) – the gold standard for measuring customer loyalty – has a weighted average of 90 over these four years. We are thrilled to announce we have been awarded the Omega North Face Award for excellence in service delivery for the fourth year in a row.
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David Blaine pulls off balloon stunt — with help from famed skydiver who jumped with no parachute
GeekWire
SEPTEMBER 2, 2020
Aikins made headlines in 2016 when he jumped from 25,000 feet over California’s Simi Valley without a parachute and landed safely — at about 120 mph — in a specially designed net. At the 2016 GeekWire Summit , Aikins gave a riveting talk explaining the tech that went into his own thrilling stunt.
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Fed Tech Roundup November 12
CTOvision
NOVEMBER 12, 2015
Nextgov: Fiscal 2016 Defense Bill Contains Cyber Screening Provision - ExecutiveGov. Does T-Mobile's Free Video Plan Violate Net Neutrality? T-Mobile Video Plan Could Test FCC's New Net Neutrality Rules - New York Times. For Sevatec CEO Sonny Kakar, U.S. Citizenship and Immigration Services Contract Fulfills Personal Mission.
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Connected car company Xevo, owned by Lear, hit with layoffs in Seattle area
GeekWire
JULY 8, 2021
It rebranded in 2016 after the company acquired Seattle-based machine learning startup Surround.io billion a year ago, and net income of $204 million, up from $76 million. Lear, based in Southfield, Mich., Lear, based in Southfield, Mich., It reported $5.4 billion in sales for its most recent quarter, up from $4.5
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Nutanix continues streak of Customer Support Excellence with a 2016 Net Promoter Score (NPS) of 90 Again!
Nutanix
NOVEMBER 7, 2019
Our Net Promoter Score (NPS) – the gold standard for measuring customer loyalty – has a weighted average of 90 over these four years. We are thrilled to announce we have been awarded the Omega North Face Award for excellence in service delivery for the fourth year in a row.
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Nutanix continues streak of Customer Support Excellence with a 2016 Net Promoter Score (NPS) of 90 Again!
Nutanix
SEPTEMBER 1, 2019
Our Net Promoter Score (NPS) – the gold standard for measuring customer loyalty – has a weighted average of 90 over these four years. We are thrilled to announce we have been awarded the Omega North Face Award for excellence in service delivery for the fourth year in a row.
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IBM: Financial services industry bombarded by malware, security threats
Network World
APRIL 27, 2017
The number of financial services records breached skyrocketed 937% in 2016 to more than 200 million. Darkweb tactics net billions + To read this article in full or to leave a comment, please click here Financial institutions were forced to defend against a 29 percent increase in the number of attacks from 2015, IBM stated.
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117 Nutanix continues streak of Customer Support Excellence with a 2016 Net Promoter Score (NPS) of 90 Again!
Nutanix
JULY 12, 2019
Our Net Promoter Score (NPS) – the gold standard for measuring customer loyalty – has a weighted average of 90 over these four years. We are thrilled to announce we have been awarded the Omega North Face Award for excellence in service delivery for the fourth year in a row.
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Fed Tech Roundup December 7
CTOvision
DECEMBER 7, 2015
All or nothing in 2016, top stock pros say - USA TODAY. The Open Technology Institute Defends Net Neutrality in Federal Court - Telecom Reseller (press release). Social media companies step up battle against militant propaganda - Reuters. Fed 100 nominations are due Dec. 23 - FCW.com.
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150 Ransomware: at your service
Network World
DECEMBER 19, 2016
RaaS Image by Thinkstock Ransomware is on track to net organized cybercrime more than $1 billion in 2016, not taking downtime and other costs associated with it into account. And according to KnowBe4’s 2016 Ransomware Report , 93 percent of IT professionals surveyed are worried ransomware will continue to grow.
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Rover CEO on company’s next chapter as pet-sitting giant completes $2.3B deal with Blackstone
GeekWire
FEBRUARY 27, 2024
million, with net income of $10.5 ” Rover CEO Aaron Easterly accepts the CEO of the Year award at the 2016 GeekWire Awards. . “Our market position is as great as it’s ever been,” he said. Rover surpassed a billion-dollar run rate in the third quarter last year, as measured by gross sales.
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DoubleDown Interactive lays off 55 employees at Seattle office following delayed IPO
GeekWire
JANUARY 8, 2021
million in revenue and net income of $36.3 The company sold to Las Vegas casino giant IGT in 2012 in a deal valued at up to $500 million. The Seoul component of the business was started in 2008 under the name The8Games Co., with that entity later selling to DoubleU Games Co. The CEO is In Keuk Kim, who previously served as CEO of DoubleU.
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Nutanix continues streak of Customer Support Excellence with a 2016 Net Promoter Score (NPS) of 90 Again!
Nutanix
APRIL 21, 2017
Our Net Promoter Score (NPS) – the gold standard for measuring customer loyalty – has a weighted average of 90 over these four years. We are thrilled to announce we have been awarded the Omega North Face Award for excellence in service delivery for the fourth year in a row.
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20 Why Businesses Should Embrace Machine Learning
Dataconomy
AUGUST 11, 2017
In 2016, Google’s net worth was reported to be $336 billion, and this is largely due to the advanced learning algorithms the company employs. Google was the first company to realize the importance of incorporating machine learning in business processes. And the technology powerhouse doesn’t stop at any given point; it keeps.
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Jeff Bezos’ move out of Washington state sparks questions about wealth taxes
GeekWire
NOVEMBER 3, 2023
With a net worth of $160 billion, Bezos would be impacted as a Washington state resident. ” Levin cites research from economist Cristobal Young, who published a study in 2016 that found most wealthy people don’t move to avoid paying high taxes. Bezos has sold billions in Amazon stock over the past several years.
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Athira Pharma extends Alzheimer’s clinical trial, adds new execs after CEO placed on leave
GeekWire
AUGUST 16, 2021
A comment first appeared in 2016 on one paper, and more recently on three other studies. The company’s net loss for the quarter was $14 million, compared to $2 million for the same quarter in 2020, with $12 million going to research and development expenses.
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110 A single ransomware network has pulled in $121 million
Network World
SEPTEMBER 14, 2016
A single ransomware author and distributor was able to collect $121 million in ransomware payments during the first half of this year, netting $94 million after expenses, according to a report released today. Total ransomware increased by 128 percent during the first half of 2016 compared to the same period last year. There were 1.3
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Amazon Consumer CEO Jeff Wilke to leave next year, will be replaced by operations chief Dave Clark
GeekWire
AUGUST 21, 2020
.” Wilke, 52, took over Amazon’s North American consumer business in 2007 and was named CEO of Amazon’s Worldwide Consumer business in 2016. He oversees businesses that generated more than $200 billion in net sales in 2019, representing nearly 90% of Amazon’s overall net sales last year.
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Bezos’ Day 1 Families Fund awards $96M in grants to 32 organizations helping homeless families
GeekWire
NOVEMBER 17, 2021
A study spanning 2016-2020 found that chronic homelessness had increased at an annual rate of 27% statewide and 42% in Seattle-King County. Bezos’ net worth since launching his fund has increased from $160 billion to more than $200 billion today, according to Forbes. million for Portland Homeless Family Solutions, Portland.
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Telefonica is working to help enterprises decarbonize their operations
CIO Business Intelligence
AUGUST 28, 2023
degrees Celsius, and our executive committee approved the goal of achieving net zero emissions by 2040 across Telefonica’s entire value chain,” says Ribaya. Since 2016, we have reduced all our emissions by 51%, and in our primary markets, 100% of the electricity we consume comes from renewable sources.
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Seattle cybersecurity startup Rubica shuts down after running out of cash
GeekWire
NOVEMBER 5, 2020
The company had raised $15 million since launching in 2016 and was not yet profitable. ” Rubica began as a research-and-design project focused on advanced cybersecurity within Concentric Advisors, a company that provides physical and digital security to prominent and high-net-worth families. .”
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Allbirds’ secret sauce: Early investor reflects on shoe company’s success as it goes public
GeekWire
NOVEMBER 3, 2021
Net revenue came in at $219.3 million Series A round in 2016, held the largest stake in Allbirds before the IPO that was worth around $400 million based on the opening price. It has sold more than eight million pairs of shoes since launching six years ago. million in 2020, up 73% year-over-year. Dan Levitan, co-founder of Maveron.
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Vizio files to go public, has sold over 80 million TVs
The Verge
MARCH 1, 2021
Later in the filing, Vizio says: While we generate the significant majority of our total net revenue from sales of our Smart TVs and sound bars, our Platform+ net revenue has grown 304.4 Vizio tried to reinvent the TV experience in 2016 but has pulled back on some of those experiments. percent from $36.4 million in 2018 to $147.2
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Gates-led Breakthrough Energy Ventures raises another $1B for investing in climate innovation
GeekWire
JANUARY 19, 2021
Breakthrough Energy Ventures is led by Microsoft co-founder Bill Gates and publicly launched in December 2016. Last summer, Amazon unveiled its $2 billion Climate Pledge Fund, a venture capital program directed at sustainable technologies that could help it fulfill its promise to become net carbon neutral by 2040.
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Getty Images to become public company again in $4.8B SPAC deal, building on Seattle tech roots
GeekWire
DECEMBER 10, 2021
Getty reached a deal in 2016 to manage the archive of Corbis Images, its longtime Seattle-based rival, when Microsoft co-founder Bill Gates sold Corbis to Visual China Group. The company’s net loss improved to $39 million last year, from a loss of $51 million the year before. Getty Images Slide. Click for larger version.
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Vancouver, Wash. biotech company Absci files to go public
GeekWire
JUNE 30, 2021
Net losses were $14.4 million Series A funding in April 2016. The company took in $1.1 million this year by March 31, primarily from one partner. million in 2020, compared to $6.6 million in 2019. Phoenix Venture Partners is the company’s largest shareholder, with a 17.46% stake, followed by McClain, who owns 11.2% of the company.
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Seattle startup Banzai to go public via SPAC and acquire marketing tech company Hyros
GeekWire
DECEMBER 9, 2022
Founded in 2016 by former Avalara employees, Banzai originally started as an on-demand inside sales and marketing platform. ” An investor presentation for the deal shows that Banzai posted a net loss of $8.5 It shifted to help companies drive registrations to events. “This will put more cash on our balance sheet.
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Salesforce chief Marc Benioff and Shopify CEO Tobi Lütke invest in reforestation startup DroneSeed
GeekWire
SEPTEMBER 29, 2021
Competitive edge: DroneSeed, which was part of the 2016 Techstars Seattle cohort, is reportedly the only company that has an FAA license to use a fleet of heavy-lift drones for post-fire reforestation. Seattle-based DroneSeed will also use its cash to expand and meet the growing demand for its services. DroneSeed previously raised $7.4
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Electric car company Polestar is going public via SPAC
The Verge
SEPTEMBER 27, 2021
The deal will also net Polestar a lot of cash: $800 million from Gores Guggenheim’s trust account and $250 million in cash from private investment in public equity (PIPE) financing “anchored by top-tier institutional investors,” the company says. Polestar is jointly owned by Volvo and the automaker’s Chinese parent company, Geely.
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Microsoft buys AI speech tech company Nuance for $19.7 billion
The Verge
APRIL 12, 2021
The deal includes Nuance’s net debt. billion acquisition of Nuance is Microsoft’s second-largest behind its purchase of LinkedIn in 2016 for $26 billion. Microsoft is buying AI speech tech firm Nuance for $19.7 Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday.
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Jeff Bezos will reportedly join the billionaire boating class with a $500M luxury sailing superyacht
GeekWire
MAY 10, 2021
Jeff Bezos in Seattle in 2016. He is the world’s richest person, currently with a net worth of $192 billion, according to Bloomberg. GeekWire File Photo / Kevin Lisota). But at Bezos’ level of wealth, boats are actually called “superyachts,” and the Amazon founder and CEO is building a doozy. .”
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Absci shares spike 30% in IPO debut, valuing Washington state biotech company at nearly $2B
GeekWire
JULY 22, 2021
Net losses were $14.4 million Series A funding in April 2016. “For being relatively young in the business, he has performed the way you would expect of a more seasoned mature, life sciences CEO,” Alexandre said. The company’s revenue last year was $4.7 million, up from $2 million for 2019. million in 2020, compared to $6.6
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Seattle’s Silverback Therapeutics files for IPO, led by newly formed and gender-diverse exec team
GeekWire
NOVEMBER 10, 2020
Founded in 2016, Silverback uses a proprietary technology platform called ImmunoTAC to develop therapies that target specific areas of disease in a way designed to avoid damaging healthy tissue. Like many early stage biotech companies, Silverback has yet to generate meaningful revenue, posting a net loss of $17.6 Venture Partners.
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Amazon says it’s permanently banned 600 Chinese brands for review fraud
The Verge
SEPTEMBER 17, 2021
Amazon banned the practice of incentivized reviews in 2016, but it’s a tricky business: some of these offers are disguised as a VIP testing program or an extended warranty. It’s not clear which other Chinese brands might be included in Amazon’s latest crackdown — and it’s quite possible some of their products will escape Amazon’s net.
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Google announced one of the biggest green pledges from tech yet
The Verge
SEPTEMBER 14, 2020
The company said it became the largest corporate buyer of renewable energy in the world in 2016. Its net carbon footprint for its lifetime is zero. But Google can now brag that its net carbon footprint for its lifetime is zero. Google will need to overcome some technological hurdles.
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Expedia CEO says maybe the metaverse emerges in 100 years, predicts more interest in the ‘real-verse’
GeekWire
FEBRUARY 11, 2022
.” Expedia reported strong earnings on Thursday, posting fourth quarter net income of $276 million on revenue of $2.3 Kern’s take on the metaverse is not too far off from what former Expedia CEO Dara Khosrowshahi told the GeekWire Summit crowd in 2016. “I
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Amazon employee groups expect nearly 2,000 workers to participate in walkout
GeekWire
MAY 30, 2023
“The outside world can push you into Day 2 if you won’t or can’t embrace powerful trends quickly,” Bezos wrote in his 2016 letter to shareholders. .” “Day 1” is a reference to a mantra touted by Amazon founder Jeff Bezos, who stepped down as CEO in 2021 but remains chairman. Embrace them and you have a tailwind.”
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