Techmeme

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Jeff John Roberts / Fortune:
Google and Facebook were victims of a $100M phishing scam by a Lithuanian man arrested in March 2017; both companies say they have recouped the funds   —  When the Justice Department announced the arrest last month of a man who allegedly swindled more than $100 million from two U.S. tech giants, the news came wrapped in a mystery.
Apr 28, 2017, 8:25 AMIn context
Michal Lev-Ram / Fortune:
Palantir to pay $1.7M in back wages and other relief to settle Department of Labor suit claiming it had discriminated against Asian job applicants   —  Palantir Technologies, the Palo Alto-based data analytics company, has settled an administrative lawsuit filed by the U.S. Department of Labor last fall.
Apr 25, 2017, 6:20 PMIn context
Jeff John Roberts / Fortune:
CyberGRX, a startup that vets third-party suppliers on their cybersecurity practices, raises $20M Series B led by Bessemer   —  CyberGRX believes it has solved a security problem that has long vexed many companies: How to ensure that third-party suppliers don't provide a way for hackers to attack their networks?
Apr 23, 2017, 7:10 AMIn context
Fortune:
Sources: home design firm Houzz is raising as much as $500M Series E at a valuation of more than $5B   —  This article first appeared in Term Sheet, Fortune's newsletter on deals and dealmakers.  Sign up here.  —  Houzz, an online platform for home remodeling and design services …
Apr 19, 2017, 8:05 AMIn context
Aaron Pressman / Fortune:
AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price   —  AT&T just settled the Wall Street debate over the value of high bandwidth airwave rights suitable for super-fast next generation wireless networks.
Apr 10, 2017, 12:55 PMIn context
Kirsten Korosec / Fortune:
YC alumni Sharethebus rebrands as Bus.com, raises $5M Series A from BMW and others for its charter bus booking platform   —  BMW has invested in Bus.com, a Montreal-based startup that allows users to book charter buses online.  It's the latest example of a push by automakers …
Apr 6, 2017, 10:10 AMIn context
Kirsten Korosec / Fortune:
Carvana, online used car seller using vending machines for some sales, files for $100M IPO; firm had revenue of $130.4M in '15, $365M in '16 on loss of $93.1M   —  Carvana, the online marketplace for buying used vehicles, filed for an initial public offering on Friday.
Apr 2, 2017, 8:30 PMIn context
Adam Lashinsky / Fortune:
Profile of Alibaba's Jack Ma, a fervent evangelist of global trade and small businesses, who is now focused on company's international expansion   —  Jack Ma is one of China's richest men, with a fortune valued at nearly $30 billion.  As executive chairman of Alibaba Group …
Mar 26, 2017, 5:20 AMIn context
Jeff John Roberts / Fortune:
Google launches Protect Your Election, a set of security tools to help election websites, human rights groups, and others defend against DDoS and other attacks   —  As worries mount about cyberthreats to democracy, Google on Tuesday announced the launch of a free set of tools to help election websites …
Mar 21, 2017, 11:35 AMIn context
Stephen M. Baldwin / Fortune:
Behind Shopify, which powers ~400K online stores for individuals and brands where more than 100M people shopped in 2016   —  From the -unlikely setting of Ottawa, Shopify has -quietly been powering an e-commerce revolution.  —  Shopify has done a pretty good job hiding itself from the world.
Mar 19, 2017, 8:05 PMIn context

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