Paytm Raises $1.4 Billion From SoftBank

Mobile payment and commerce platform Paytm, run by One97 Communication Ltd, has raised $1.4 billion funding by the Japanese internet and telecom major SoftBank Group, the company said in New Delhi on Thursday. “Paytm plans to invest Rs. 10,000 crores (approximately $1.6 billion) over the next three to five years towards its commitment to enabling […]

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Apple Reportedly in Talks to Launch Money-Transfer Service

Apple Inc has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday. The service will allow iPhone owners to transfer money digitally to other iPhone users, Recode reported, citing sources familiar with the talks. Apple will announce the new service later this year, one source told […]

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F-Secure buys Little Flocker to combat macOS ransomware

With attacks against Mac users growing in number and sophistication, endpoint security vendor F-Secure has decided to acquire Little Flocker, a macOS application that provides behavior-based protection against ransomware and other malicious programs. Little Flocker can be used to enforce strict access controls to a Mac’s files and directories as well as its webcam, microphone […]

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