Gabi, which lets users upload their home, car, or renters insurance policies to compare them with other providers and find better offers, raises $27M Series B (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
Gabi, which lets users upload their home, car, or renters insurance policies to compare them with other providers and find better offers, raises $27M Series B  —  Gabi Insurance has raised $27 million in funding to disrupt insurance brokers and get you better rates for car, homeowner's, or renter's insurance.

Amazon Soars to $1 Trillion Value as It Hits 150 Million Prime Members

Amazon.com on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50... https://ift.tt/2RGTKz8

Amazon holiday sales jump as one-day shipping pays dividends, stock up 13%

Amazon also forecast operating income of up to $4.2 billion in the current quarter, down from $4.4 billion the year prior. https://ift.tt/36Gy3na https://ift.tt/eA8V8J

IBM CEO Ginni Rometty to Step Down in April

International Business Machines (IBM) Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's cloud business, as the pioneer tech company continues its efforts to... https://ift.tt/2GCerpL

IBM names India-born Arvind Krishna as CEO

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India clocks over 5.5 billion hours on TikTok in 2019

TikTok outstripped growth of rival Facebook in the key battleground market for global user domination. https://ift.tt/3aQ8vHw https://ift.tt/eA8V8J

Small is secure in cyber space

Big firms are turning to cyber security startups dotting India as they look for niche solutions as against end-to-end management offered by transnationals https://ift.tt/36D3grj https://ift.tt/eA8V8J

Microsoft will now pay up to $20k for Xbox Live security exploits

Think you’ve found a glaring security hole in Xbox Live? Microsoft is interested.

The company announced a new bug bounty program today, focused specifically on its Xbox Live network and services. Depending on how serious the exploit is and how complete your report is, they’re paying up to $20,000.

Like most bug bounty programs, Microsoft is looking for pretty specific/serious security flaws here. Found a way to execute unauthorized code on Microsoft’s servers? They’ll pay for that. Keep getting disconnected from Live when you play as a certain legend in Apex? Not quite the kind of bug they’re looking for.

Microsoft also specifically rules out a few types of vulnerabilities as out-of-scope, including DDoS attacks, anything that involves phishing Microsoft employees or Xbox customers, or getting servers to cough up basic info like server name or internal IP. You can find the full breakdown here.

This is by no means Microsoft’s first foray into bounty programs; they’ve got similar programs for the Microsoft Edge browser, their “Windows Insider” preview builds, Office 365, and plenty of other categories. The biggest bounties they offer are on their cloud computing service, Azure, where the bounty for a super specific bug (gaining admin access to an Azure Security Lab account, which are closely controlled) can net up to $300,000.

Tax social media giants, ecommerce firms: SJM

SJM is an influential RSS affiliate whose imprint is increasingly found on a number of government decisions. https://ift.tt/2GDGu8j https://ift.tt/eA8V8J

Facebook to pay $550 million in biometric privacy accord

Facebook will pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in US history. https://ift.tt/2OcbRuX https://ift.tt/eA8V8J

Sources: FBI has probed Israeli spyware vendor NSO Group for its possible role in hacks of US residents, companies and intel gathering on governments since 2017 (Reuters)

Reuters:
Sources: FBI has probed Israeli spyware vendor NSO Group for its possible role in hacks of US residents, companies and intel gathering on governments since 2017  —  (Reuters) - The FBI is investigating the role of Israeli spyware vendor NSO Group Technologies in possible hacks on American residents …

Mobile exports will continue to get 4% incentive

The directorate on December 7 last year had reduced this export incentive from 4% to 2% for all exports except garments and made-ups on December 31. https://ift.tt/37Imz3R https://ift.tt/eA8V8J

The EU Parliament overwhelmingly passes measure pushing for adoption of a common charging standard for mobile devices, which Apple said would stifle innovation (AppleInsider)

AppleInsider:
The EU Parliament overwhelmingly passes measure pushing for adoption of a common charging standard for mobile devices, which Apple said would stifle innovation  —  The European Parliament in a landslide vote on Thursday called on the EU Commission to adopt rules that would establish …

9 future ecosystems reimagined through technology

In the next two decades, technology will connect people, the physical world, information, and collective intelligence, according to Tata Consultancy.

3 industries that won't exist in 20 years

Insurance, transportation, and retail will be absorbed into broader, horizontal ecosystems, says Tata Consultancy Services.