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A Geico Data Breach Let Cyber Fraudsters Steal Customers' Driver's License Numbers

Gizmodo

Car insurance giant Geico has quietly disclosed that a recent security breach allowed cyber thieves to steal customers’ driver’s license information right off the company’s website. Read more.

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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

That may change as telecommunications companies such as Airtel and MTN jump into the mobile money market, after recently receiving licenses to do so. It was only late last year that Nigeria’s Central Bank (CBN), gave the green light for telcos to acquire mobile money licenses. Mobile money is not entirely new to Nigeria.

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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch says it will use the acquisition to build its national footprint in the home insurance market. Those companies can pay traditional licensing fees or provide Porch with access to their customers.

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Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Three weeks after its stock market debut, Seattle-based home services technology company Porch Group announced four acquisitions , including an agreement to buy Irving, Texas-based insurance company Homeowners of America for $100 million in cash and stock, expanding its footprint in the insurance tech market.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets. 19, 2011, and Nov.

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Porch Group makes unusual promise in latest acquisition — guaranteeing its stock will double

GeekWire

Big deals have become almost run-of-the-mill for Seattle-based home services tech company Porch Group , which has been acquiring an array of companies in areas such as home inspections, moving, real estate, and insurance. million; California-based CSE Insurance for $48.6 But one aspect of its latest deal is anything but ordinary.

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What to consider when choosing a crypto exchange

Dataconomy

Jurisdiction The first thing to look for in a crypto exchange is the proper license that authorizes its jurisdiction in your country or area. This means they are kept offline in a hard drive that can’t be hacked since it’s not connected to the internet. Most exchanges use what’s called “cold storage” to protect these keys.