Internet

Startup lending company SoFi says a critical report in The Times 'reflects a lack of understanding of our business'

8 days ago   |   By Business Insider

Social Finance has gone on the defensive following reports that problems within the internet financing company may go well beyond its cofounder, Mike Cagney.
Cagney on Monday resigned as chairman and announced he will step down as CEO by the end of the year amid allegations of widespread sexual harassment at the company, which is also known as SoFi. But an article in The New York Times reported on Tuesday indicated the company has more to worry about than how it treats women and detailed a series of questionable business practices.
Later that day, the company fired back at The Times via a...
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Uber has lost its license to operate in London

Uber has lost its license to operate in London

Uber has lost its license to operate in London, dealing a massive blow to the beleaguered-yet-hugely-popular taxi hailing app company. The company's current license to operate... Read more ...

46 Nintendo Switch titles to be shown at Tokyo Game Show

46 Nintendo Switch titles to be shown at Tokyo Game Show

Earlier this week, a photo hit the internet showing off just how many titles we can expect to see at Tokyo Game Show. This includes over 200 mobile titles and a surprisingly... Read more ...

Microsoft and Facebook's 160Tbps transatlantic undersea cable carries more...

Microsoft and Facebook's 160Tbps transatlantic undersea cable carries more data than any other

Over the past year, Facebook and Microsoft have been working together on an incredible project to add internet connectivity infrastructure to support the ever-expanding... Read more ...

Report: HPE poised to axe 5,000 jobs to streamline business

Report: HPE poised to axe 5,000 jobs to streamline business

HPE is reportedly planning to streamline its business by making a drastic staff reduction, cutting in the region of 5,000 jobs. The move is apparently driven by an interest to... Read more ...

Google Cloud dials up the power for machine learning projects

Google Cloud dials up the power for machine learning projects

Users of the Google Cloud Platform that are looking to use powerful Nvidia GPUs on Google Compute Engine will now be able to. Support is being added for Nvidia P100 GPUs in... Read more ...

Ethical hacker Inti de Ceukelaire on why he does what he does

Ethical hacker Inti de Ceukelaire on why he does what he does

“We can no longer just talk about cyber security, but we need to take action and prevent actual cyber wars that can affect both companies and governments.” Inti The Ceukelaire... Read more ...

Vivo Unveils X20 & X20 Plus With 4GB Of RAM, Android Nougat

Vivo Unveils X20 & X20 Plus With 4GB Of RAM, Android Nougat

The Vivo X20 and Vivo X20 Plus are finally official. These two smartphones have been popping up all over the internet for quite some time now, and Vivo has just officially... Read more ...

Hewlett Packard Enterprise to cut 5,000 jobs: report

Hewlett Packard Enterprise to cut 5,000 jobs: report

As business moves computer services to the cloud, Hewlett Packard Enterprise is under pressure from cloud giant Amazon and a rising Google. Read more ...

Mark Zuckerberg presents 9 points to tackle politics on Facebook

Mark Zuckerberg presents 9 points to tackle politics on Facebook

Mark Zuckerberg is back from paternity leave and ready to face some of Facebook's most prominent problems. The CEO held a talk today via Facebook Live where he addressed... Read more ...

Nest's new smart cameras steal the show at its live event

Nest's new smart cameras steal the show at its live event

Yesterday, Nest laid out a series of new smart home products at a launch event. Here are the best of the bunch in this new line of goods for the protective and territorial... Read more ...