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Singaporebased Silent Eight 40m Seriespillai The

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singaporebased silent eight 40m seriespillai the:

Singapore-based Silent Eight, whose AI-powered tech lets financial institutions enforce economic sanctions and prevent financial crimes, raises a $40M Seriessingaporebased silent eight 40m seriespillai the
The round was led by TYH Ventures, a US-based venture firm anchored by a family office, and joined by a new backer, HSBC Ventures. The latter is Silent Eight’s latest customer to become an investor.

Several investors from previous rounds also joined the raise, namely OTB Ventures, Wavemaker Partners, Aglaia, Standard Chartered Bank’s SC Ventures and veteran angel investor Koh Boon Hwee, who is also general partner of Altara Ventures.

Founded in Singapore in 2013, Silent Eight has developed an AI platform for financial crime that investigates suspicious transactions, beneficiaries and customers in real-time. With the recent funding, it expects to hire over 150 data scientists, developers and engineers this year.

Kolya Miller, managing partner of TYH Ventures, who is joining Silent Eight’s board, said that the startup’s historic performance has been strong and that future revenue projections are stronger.

Ore Adeyemi, managing director and head of strategic innovation investments at HSBC added that Silent Eight’s platform has helped protect the bank from financial crime. HSBC and Silent Eight had announced a multi-year partnership in 2021 to enhance the bank’s compliance operations.

Tom Caine, venture capital investor at HSBC Ventures, will join as a board observer.

Silent Eight has raised US$55 million to date. According to data platform VentureCap Insights, the startup was valued at US$134.6 million with the most recent fundraise.

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The Netflix Verse

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The Netflix Verse

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You are instantly suspended by a Twitter bug when you tweet “Memphis”

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You are instantly suspended by a Twitter bug when you tweet "Memphis"

According to a glitch on Twitter, if a person tweets the phrase “Memphis,” their account will be temporarily terminated, according to BleepingComputer.

This problem first appeared today when users who were tweeting about Memphis, Tennessee, sports teams, or athletes noticed that they were suddenly suspended for a period of 12 hours.

Even while some claim that Twitter’s flaw has been fixed, a recent test by BleepingComputer shows that we were immediately suspended when we tweeted the term “Memphis.”

While it may seem like Twitter is trying to ban the great city of Mephis, this is probably the result of a spam, bot, or fraud filter that has been set up incorrectly.

Despite not disclosing the precise cause of the bug, Twitter has now addressed it.

Twitter issued a comment to BleepingComputer stating that “the situation stated was the consequence of a bug, and has subsequently been rectified.”

In our tests, in order to regain access to the account if you were impacted by the bug, you had to complete a captcha and verification process. It will welcome you back as a “person” once you have verified your account.

This suggests that a malfunctioning anti-bot filter was probably to blame for the bug.

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SPANISH DELIVERY APP GLOVO RAISES $121M FROM SWISS REAL ESTATE FIRM STONEWEG TO BUILD OUT DELIVERY-ONLY CONVENIENCE STORES FOR SUB-30 MINUTE DELIVERY TIMES (MACARENA MUNOZ MONTIJANO/BLOOMBERG)

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SPANISH DELIVERY APP

Macarena Munoz Montijano / Bloomberg:

Spanish delivery app Glovo raises $121M from Swiss real estate firm Stoneweg to build out delivery-only convenience stores for sub-30 minute delivery times  —  – Stoneweg will build, refurbish property to help Glovo expand  — Glovo’s orders for convenience items have surged 300%

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