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    • Botnet operators ditch DDoS attacks for cryptocurrency mining malware

    Leading cybersecurity unit Kaspersky Labs has warned hackers are “reprofiling” the world’s most well-known botnets en masse in order to spread their cryptocurrency mining malware as widely as possible. A new security bulletin shows 2018’s significant decrease in Bitcoin price and investor interest hasn’t really correlated with a collapse in cryptojacking incidents. Researchers also declared the legislative control flexed

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    • Canadian travel tech firm Plusgrade, which helps airlines sell unused inventory, raises C$200M from Caisse de dépôt et placement du Québec at C$600M+ valuation (Barbara Shecter/Financial Post)

    Barbara Shecter / Financial Post: Canadian travel tech firm Plusgrade, which helps airlines sell unused inventory, raises C$200M from Caisse de dépôt et placement du Québec at C$600M+ valuation  —  Follows on strategy of investing in Quebec companies prizing innovation and international growth Canadian travel tech firm Plusgrade, which helps airlines sell unused inventory, raises

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    • Source: Imran Khan, former chief strategy officer at Snap, raises $17.5M for his new e-commerce startup led by Lightspeed Venture Partners (Sara Fischer/Axios)

    Sara Fischer / Axios: Source: Imran Khan, former chief strategy officer at Snap, raises $17.5M for his new e-commerce startup led by Lightspeed Venture Partners  —  Imran Khan, former chief strategy officer at Snap Inc., has raised $17.5 million for his new e-commerce startup, according to a source familiar with the deal. Source: Imran Khan,

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    • Australia-based Deputy, whose employee management platform makes scheduling for hourly workers easier, raises $81M Series B led by IVP (Kate Clark/TechCrunch)

    Kate Clark / TechCrunch: Australia-based Deputy, whose employee management platform makes scheduling for hourly workers easier, raises $81M Series B led by IVP  —  After eight years of bootstrapping, Deputy sought scale.  So the workforce management platform turned to venture capital, quickly raising a $25 million Series A in early 2017. Australia-based Deputy, whose employee

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    • Some experts say the US economy has become less dynamic as smaller companies shift away from IPOs, choosing buyouts and VC money instead, especially in tech (New York Times)

    New York Times: Some experts say the US economy has become less dynamic as smaller companies shift away from IPOs, choosing buyouts and VC money instead, especially in tech  —  Ryan Smith spent years planning to sell shares of his software company, Qualtrics, on the stock market, meeting with bankers … Some experts say the

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    • LG puts Brian Kwon, head of its hugely profitable home entertainment business, in charge of its struggling smartphone division (Jon Russell/TechCrunch)

    Jon Russell / TechCrunch: LG puts Brian Kwon, head of its hugely profitable home entertainment business, in charge of its struggling smartphone division  —  Mission impossible: a new executive at LG is charged with fixing the company’s long-time loss-making smartphone division following a leadership change. LG puts Brian Kwon, head of its hugely profitable home

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    • South Korea will trial a blockchain-based voting system

    Putting democratic voting on the blockchain is becoming one of the technology’s most divisive applications, but that isn’t stopping South Korea from pushing ahead with a blockchain-based voting system trial. The country’s National Election Commission (NEC) and its Ministry of Science and ICT have confirmed they’re developing a blockchain-based voting system, reports ZDNet. The NEC

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