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RSA spins off fraud and risk intelligence unit as Outseer

RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions. Led by CEO Reed Taussig, who was appointed head of RSA’s Anti-Fraud Business Unit last year after previously serving as CEO of ThreatMetrix,…

Pennylane raises $18.3 million for its accounting service

French startup Pennylane has raised a new $18.3 million funding round (€15 million). Interestingly, this is Sequoia Capital’s first investment in France after they announced ambitious expansion plans in Europe. If you’re not familiar with Pennylane, the startup has been developing an accounting platform that improves accounting for both clients and their accountants. Focused on…

Apple’s new encrypted browsing feature won’t be available in China, Saudi Arabia and more: report

Apple announced a handful of privacy-focused updates at its annual software developer conference on Monday. One called Private Relay particularly piques the interest of Chinese users living under the country’s censorship system, for it encrypts all browsing history so nobody can track or intercept the data. As my colleague Roman Dillet explains: When Private Relay…

6 career options for ex-founders seeking their next adventure

More posts by this contributor Hey, founders between gigs: What now? If you exited your last company for airplane money and are now independently wealthy, congratulations! If you want to build another company, just self-fund. If you want outside capital, VCs will chase after you to invest. Unfortunately, most founders are not in that position:…

Apple finally launches a Screen Time API for app developers

Just after the release of iOS 12 in 2018, Apple introduced its own built-in screen time tracking tools and controls. It then began cracking down on third-party apps that had implemented their own screen time systems, saying they had done so through technologies that risked user privacy. What wasn’t available at the time? A Screen…