Venmo launches cash back rewards program for debit cards

On Monday, Venmo introduced a new rewards program called Venmo Stash. This program offers cashback to customers who transact with their favorite brands on the payments app and engage with Venmo’s products. While cashback rewards are common for credit cards,…

Sapphire Sport spins out, rebrands as 359 Capital with $300M AUM

Nearly seven years after announcing its first fund, Sapphire Sport is spinning out from Sapphire Ventures. The venture fund, which focuses on sports, media, and entertainment, will rebrand as an independent venture firm called 359 Capital. The firm’s new name…

Why a lot of people are getting hacked with government spyware

For more than a decade, makers of government spyware have defended themselves from criticism by saying that their surveillance technology is intended to be used only against serious criminals and terrorists, and only in limited cases. The evidence gathered from…

Remote driving startup Vay could grab up to $410M from Singapore’s Grab

Autonomous vehicles are currently a major focus, making it easier for smaller companies to secure funding. Vay, a German startup that provides remote-controlled rental cars, will receive sixty million dollars in cash from Singaporean technology company Grab. The deal was…