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T-Mobile CEO Calls the Massive Data Breach a ‘Humbling’ Experience
On August 17, T-Mobile systems were subjected to a criminal cyberattack that exposed the personal information of millions of customers, including former and prospective customers.
Luckily for T-Mobile, the massive data breach did not compromise any customer financial information like debit/credit cards or any payment information. However, information like name, address, date of birth, etc., were exposed.
T-Mobile has notified nearly all the customers whose personal data was compromised and said that it is “truly sorry” for the data breach.
The company CEO Mike Sievert said in a press release that the company was taking necessary steps to help secure affected customers and has also been coordinating with law enforcement.
He additionally said that the last two weeks have been humbling for all at T-Mobile, and they are working diligently to steer away cyberattacks from their systems.
Moreover, to enhance its approach towards cybersecurity in the future, T-Mobile is entering into long-term partnerships with the KPMG consulting firm and industry-leading cybersecurity experts at Mandiant.
Audio Chat App Clubhouse Adds Spatial Audio For More Immersive Chats
To offer a new level of depth to its chats, the popular audio chat platform Clubhouse is enabling its users to listen to conversations using spatial audio.
By introducing this new feature, Clubhouse will supposedly make it simple for users to keep track of who is talking at the moment.
Clubhouse’s spatial audio feature will work with all wired and wireless headphones.
By hearing spatial cues, app users will be able to hear people speaking from various positions relative to their heads, thereby helping them to identify the current speaker.
The company feels that this new feature will give users a better feeling of hanging out with a group of other people who are live on audio chat.
The spatial audio feature will be rolled out slowly as the default experience to all new iOS users starting August 29, while the Android app may get the feature in the coming months.
However, any user wanting to go back to the old setup can disable the spatial audio feature within the app’s settings.
Vietcetera Raises $2.7 Million in Pre-Series A Funding
Vietnam-based digital-media network firm Vietcetera has raised $2.7 million over two successive funding rounds this year.
The funding round was led by media-focused venture firm North Base Media.
It also involved other investors like East Ventures, Go-Ventures, Summit Media, Hustle Fund, Genesia Ventures, and Z Venture Capital (the corporate venture arm of Z Holdings, which is owned by SoftBank Group and Naver Corporation).
Founded in 2016 by Hao Tran and Guy Truong, Vietcetera currently claims to have an audience of 20 million users per month.
Some of its advertisers include Google, Facebook, AIA Life Insurance, MasterCard, Nestle, among others.
Vietcetera was first created for millennials and Gen-Z audiences who wanted the content and material outside of sensational news, showbiz, and entertainment.
The company aims to serve more groups of readers, and hence, plans to launch new vertical brands in 2022 targeted towards women’s content, real estate, and personal finance.
Vietcetera will also use its new funding for content material, along with fresh exhibits and podcasts, franchise and content material licensing, and much more.
Binance Australia Appoints Leigh Travers as Its New CEO
Binance has appointed Leigh Travers, the former CEO of DigitalX, as the company’s new CEO for its operations in Australia.
Leigh Travers was associated with DigitalX for seven years, and he previously also served on the board of the leading blockchain business affiliation, Blockchain Australia.
Travers is on-boarding into Binance at a time when the company has been under the regulatory scrutiny in several countries around the world.
He would be expected to help the exchange to maintain good relations with the regulators in Australia as the company hopes to grow in the region.
After his appointment, Travers said, “From an industry perspective, I know it’s imperative that we continue to develop our relationships with regulatory bodies while reinforcing our company commitment to compliance and best practice.”
Additionally, the new CEO said that he has a huge belief in the quality of service Binance provides to Australian customers, and he wants to ensure that each Australian looking to invest in cryptocurrency considers their company offerings.
Around the Web
💰 Urbanbase Closes $11.1M Series B+ Round: Seoul-based company Urbanbase that develops a 3D spatial data platform for interior planning and design announced that it has raised $11.1 million in Series B+. The funding round was led by Hanwha Hotel & Resort, a subsidiary of South Korean conglomerate Hanwha Corporation.
🤖 AI Firm SenseTime Group Files for Hong Kong IPO: China’s largest AI firm SenseTime filed for an initial public offering on the Hong Kong exchange as China tightens scrutiny on overseas listings. The company plans to raise at least $2 billion in its IPO.