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Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startups

TechCrunch

Sequoia Capital India, one of the most prolific and successful investors in India and Southeast Asia, addressed the fraudulent practices allegations levelled against some of its portfolio startups and pledged to take proactive steps to do more to drive increased compliance. Implementation of whistleblower policies.

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Starbucks is the latest big company to halt advertising on social media

The Verge

The coffee giant says that it stands “against hate speech” and believes “both business leaders and policy makers need to come together to affect real change.”. “We Multinational beverage company Diageo made a similar pledge.

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Facebook will study whether its algorithms are racially biased

The Verge

Facebook is forming new internal teams dedicated to studying its main social network and Instagram for racial bias, in particular for whether its algorithms trained using artificial intelligence adversely affect Black, Hispanic, and other underrepresented groups. Illustration by James Bareham / The Verge.

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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

Over time, it has expanded its offerings and now also automates insurance policies for, and provides financing, to its clients. . “In And, Nowports pledges to shippers that its digital management software will keep track of each container. . 2020 was a good year for Nowports, which saw its revenue climb by 605% compared to 2019.

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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company’s goal is to fix fragmentation in the tech systems used by financial institutions that can result in capital being locked in international clearing systems, a build-up of transaction fees and fines for trades that fail to settle. Its core solution is a technology stack that is built around STACS blockchain.

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Without sustainable practices, orbital debris will hinder space’s gold rush

TechCrunch

The on-orbit servicing market must be driven by national space policies and international standards that directly support satellite servicing. National regulatory policies are struggling to keep pace with the advancement of technology, the growth of the satellite population, and the development of new activities in orbit.

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Secure Your Supporters’ Trust: Mastering Privacy-Compliant Fundraising

The Modern Nonprofit

Their policies directly influence how nonprofits can access, use, and leverage user data for fundraising. Flipcause also pledges commendable data security under its Privacy Policy, adhering to internationally recognized standards like ISO 27001, SOC 1 and SOC 2/SSAE 16/ISAE 3402.