Intel confirms acquisition of Moovit in a $900 million deal
American multinational corporation and technology company Intel confirmed today that the company is acquiring an Israeli transportation and mobility startup Moovit in order to grow its automotive division. Moovit analyses urban traffic patterns and provides transportation recommendations with a specific focus on public transit. Intel is paying around $840 million for the startup
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New Mac malware infects and spreads via Xcode projects
A number of Xcode projects have been found to contain malware that can attack Safari and other browsers, security researchers have revealed, with the discovery of XCSSET malware making its way into Mac software projects through largely unknown means. It is unclear exactly how the code is being injected into the project at this time.
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Appleinsider
Alexa hack granted attackers access to an Echo user's smart home network
A number of vulnerabilities have been revealed in Amazon's Alexa, highlighting the need for providers of smart home platforms, such as Apple's HomeKit, to maintain security as part of the service. It could even be possible for an attacker to install a skill to eavesdrop into conversations near an Echo device.
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Appleinsider
A Blockchain startup that helps you identify the farmer who grew your coffee
Emurgo, a blockchain technology-based startup collaborated with Indonesian coffee chain Blue Korintji Coffee to help their paying customers identify the farmer who grew their coffee, the company that roasted the beans and even the logistics involved. The main purpose of this technology is to build trust through transparent supply chains. Customers just need to scan a barcode at the coffee shop to track the supply chain
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Nikkei
Korean grocery startup Kurly raises $150M
Korean grocery startup Kurly raises $150M
Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be acquired soon. Sequoia Capital, Hillhouse Capital and Digital Sky Technologies invested in the Korean startup’s Series E financing round, which according to news outlet Korean Investors, valued the firm at around $780 million.
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Google