Connect with us

Press Release

Thrive Global Raises $80M in Series C led by Kleiner Perkins and Owl Ventures

Published

on

thrive global aipowered 80m series kleiner

Thrive Global Raises $80M in Series C led by Kleiner Perkins and Owl Ventures

Thrive Global, a San Francisco-based startup that offers mindfulness and meditation courses and coaching, has raised $80 million in Series C financing led by Kleiner Perkins and Owl Ventures. The round also included participation from existing investors NEA and AME Cloud Ventures.

Who is Thrive Global?

Thrive Global is a digital health and wellness company that provides tools and resources to help people improve their mental and physical wellbeing. The company was founded in 2016 by Arianna Huffington, and its mission is to end the global productivity crisis by helping people thrive. Thrive Global has raised $M in Series C funding led by Kleiner Perkins and Owl Ventures.

The company offers a suite of products and services designed to help people manage stress, get better sleep, and boost their energy levels. Its flagship product is the Thrive App, which offers personalized content and coaching to help users achieve their goals. The app also includes a tracking feature so users can monitor their progress over time. In addition to the app, Thrive Global also offers an online course, workshops, and corporate programs.

Who is the CEO?

Arianna Huffington is the CEO of Thrive Global, a wellness and productivity company that raises $M in Series C led by Kleiner Perkins and Owl Ventures. She is also the founder of The Huffington Post, a news and opinion website.

What are the company’s goals?

The company’s goals are to empower people to take control of their productivity and wellbeing, and to create a more balanced, healthy world. Thrive Global is on a mission to end the stress and burnout epidemic by offering solutions that help people thrive. The company offers a suite of products and services that address the root causes of burnout and stress, including their flagship product, the Thrive Program.

The Thrive Program is an evidence-based online course that teaches individuals how to manage their stress and achieve work-life balance. The program includes modules on topics such as time management, sleep hygiene, mindset shifts, and self-care. The program is delivered through a combination of video lessons, exercises, journaling prompts, and actionable tips.

In addition to the Thrive Program, Thrive Global also offers corporate wellness programs, which are designed to help organizations create a culture of health and wellbeing. These programs provide employees with access to the tools and resources they need to manage their stress and improve their wellbeing.

How does Thrive Global make money?

Thrive Global makes money by helping people feel and perform their best at work. We do this through our content, products, and services.

What are the challenges facing Thrive Global?

The challenges facing Thrive Global are many and varied. The company faces competition from well-established players in the wellness space, such as Headspace and Calm. It also must grapple with the challenge of building awareness of its brand and product offerings, given that the space is already crowded with established players. Additionally, Thrive Global must overcome the challenge of converting free users to paid subscribers, given that its business model relies on subscription revenue. Finally, the company must continue to innovate in order to stay ahead of the curve and maintain its position as a market leader.

How did Thorge Global get its start?

Thorge Global, a provider of AI-powered software products, today announced it has raised $M in Series C funding led by Kleiner Perkins and Owl Ventures. Thorge Global was founded in 2016 by brothers Ali and Hussein Thorge. The company’s mission is to make it easy for everyone to use artificial intelligence to improve their lives.

The company started with the belief that everyone should have access to the best AI technology. To make this possible, they built a platform that makes it easy for developers to create and deploy AI applications. Today, the company offers a suite of products that allow users to do everything from managing their finances to improving their health.

In 2018, Thorge Global launched its first product, Thrive Assistant. Thrive Assistant is an AI-powered assistant that helps users manage their money and stay on top of their financial goals. The app has been downloaded over 1 million times and is used by people all over the world.

In 2019, the company launched Thrive Health, an AI-powered health management app. Thrive Health helps users track their fitness goals, monitor their health data, and find the best doctors and treatments for their needs. The app has been downloaded over 500,000 times and is used by people in more than 100 countries.

2020 was a big year for Thorge Global as the company launched two new products: Thrive Finance and Thrive Education. Thrive Finance is an AI-powered financial management app that

What does the future of Thrive look like?

The future of Thrive looks bright! We are continuing to grow and expand our reach, impact, and product offerings. Our goal is to continue to help people around the world improve their well-being and productivity. We are constantly innovating and expanding our offerings to meet the needs of our customers. We have a strong team in place that is passionate about our mission and committed to making a difference in the world. We are well-funded and have a solid business model. We are scaling quickly and are on track to achieve our goals.

Conclusion

With the new influx of cash, Thrive Global plans to continue its mission of helping people improve their well-being and performance. The company will also be able to expand its reach to new markets and continue developing innovative products and services. We’re excited to see what Thrive Global will achieve in the future and we wish them all the best in their continued growth.

Continue Reading

Press Release

Angry IT administrator destroys employer’s databases; sentenced to 7 years in prison

Published

on

Angry IT administrator destroys employer's databases; sentenced to 7 years in prison

Han Bing, a former database manager for Lianjia, a major Chinese real estate agency, was given a 7-year prison term for breaking into company computers and erasing data.

Bing is accused of carrying out the conduct in June 2018, when he reportedly accessed the company’s finance system using his administrator rights and “root” account and deleted all previously saved data from two database servers and two application servers.

Large elements of Lianjia’s operations were immediately crippled as a result, leaving tens of thousands of workers without pay for an extended length of time and necessitating a data restoration effort that cost about $30,000.

However, because Lianjia has thousands of offices, employs over 120,000 brokers, owns 51 companies, and has an estimated $6 billion market value, the indirect costs from the firm’s economic disruption were significantly more detrimental.

examination of the staff
H. Bing was one of the five primary suspects in the event involving the data deletion, according to records made public by the court of the People’s Procuratorate of Haidian District, Beijing.

When the administrator refused to reveal his laptop password to the company’s inspectors, suspicions were quickly aroused.

Chinese media outlets who reprinted portions of the disclosed documents explain that “Han Bing stated that his computer had confidential data and the password could only be handed to official authorities, or would only accept entering it personally and being present during the checks.”

The checks were solely carried out to evaluate the response of the five employees who had access to the system because, as the investigators testified in court, they knew that such an operation wouldn’t leave any records on the laptops.

Finally, the experts were able to pinpoint the activity to particular internal IPs and MAC addresses after retrieving access records from the servers. The inspectors even collected WiFi network logs and timestamps, which they afterwards compared against CCTV footage to validate their suspicions.

The forensic expert hired by the company concluded that Bing had wiped the databases using the “shred” and “rm” commands. Rm deletes the files’ symbolic links, whereas shred overwrites the data three times with different patterns to make it unrecoverable.

Unhappy employee?
Unexpectedly, Bing had regularly warned his employer and superiors about security flaws in the finance system, even emailing other administrators to express his concerns.

He was mostly disregarded, nevertheless, as the departmental administrators never gave their approval for the security project he wanted to oversee.

This was supported by the testimony of the director of ethics at Lianjia, who told the court that Han Bing frequently argued with his superiors because he believed his organisational suggestions weren’t valued.

A similar incident occurred in September 2021 when a former employee of a credit union in New York deleted approximately 21.3GB of records in a 40-minute rampage as retaliation for her managers terminating her.

Continue Reading

Press Release

Internet Explorer 11 support will no longer be offered by WordPress.

Published

on

Internet Explorer 11 support will no longer be offered by WordPress.

WordPress, the most well-known and widely used blogging platform, is thinking about removing support for Internet Explorer 11 when its usage falls below 1%.

WordPress has discovered that the cumulative usage of IE 11 is less than 1% using the following three metrics:

according to StatCounter’s GlobalStats, 0.71%.
from W3 Counter, 1.2%
from WordPress.com, 0.46%
When WordPress stopped supporting Internet Explorer 8, 9, and 10 in 2017, these usage figures were comparable.

WordPress plans to discontinue support for Internet Explorer 11 in the future due to the low number of users and the significant expense of maintaining the browser.

“Regarding the present WordPress user experience, the majority of WordPress users ought to be aware by now that a flag was introduced to BrowseHappy around 13 months ago to not recommend IE. In connection with this, the entire IE11 experience is subpar and comes with a significant maintenance cost for developers “Last week, WordPress clarified in a blog post.

WordPress is requesting feedback from individuals and organisations that still use the browser by March 18th in order to formulate their strategies for ceasing support.

WordPress is not the only platform to stop supporting IE 11.

Microsoft Teams’ web app will no longer be supported by Internet Explorer, and Microsoft 365 would stop supporting it on August 17, 2021, according to a 2020 August Microsoft announcement.

Continue Reading

Press Release

Major Canadian banks experience a bizarre, hours-long outage

Published

on

Major Canadian banks experience a bizarre, hours-long outage

Major Canadian banks fell unavailable for several hours, denying consumers access to e-transfers, online and mobile banking, and other services.

The Canadian Imperial Bank of Commerce, Scotiabank, Bank of Montreal, and Royal Bank of Canada (RBC) are among the institutions apparently affected by the outage (CIBC).

For many, online banking and e-Transfers are not working.
Yesterday, the main banks in Canada went offline, making it difficult for many people to access e-Transfers, online, and mobile banking services.

The number of reports of people experiencing problems accessing their online banking peaked on Wednesday between 5 and 6 p.m. Eastern time, while BleepingComputer is still receiving an influx of these reports today:

 

An RBC spokesman acknowledged that “we are currently having technical challenges with our online and mobile banking, as well as our phone services.”

“We have no ETA to offer at this time, but our specialists are looking into it and striving to fix it as soon as they can. We value your tolerance.”

Customers continued to report problems a few hours later, within 30 minutes of RBC declaring that all systems were operating normally:

Andrew Currie, an RBC client, stated that the disruption left him without “access to my money at the grocery store” and forced him to wait in line for the cash register for 30 minutes.

Customers of BMO also noticed that the bank’s “Global Money Transfer service” was unavailable “all day” and that transfers were being automatically denied without any apparent cause. Such customers were advised to contact customer care by a BMO representative.

Inconsistencies with their internet banking were not acknowledged by CIBC.

Customers were apparently locked out of the TD Bank mobile banking app, and customer support agents said they “haven’t been told of recent concerns with our online service through EasyWeb.”

According to a TD Bank representative speaking to BleepingComputer, the bank had no significant system issues or outages.

It’s unclear at this moment whether some people’s difficulties at the ATMs were caused by the outage. According to an RBC staffer, the customer experiencing ATM problems is using an old debit card:

Some transfers are subject to rules under the Emergencies Act.

Although the reason for the outage is unknown, its timing is very intriguing because it comes only a few days after Canadian Prime Minister Justin Trudeau used the Emergencies Act in the midst of ongoing “Freedom Convoy” rallies.

Deputy Prime Minister Chrystia Freeland detailed the new rules that payment service providers must follow in accordance with the recently implemented Emergencies Act on Monday during a press briefing on Parliament Hill.

Additionally, without a court ruling and without risking civil liability, the Emergencies Act gives banks the power to freeze the accounts of people and companies they believe to be connected to the illegal blockades.

However, as the Deputy PM notes, since banks are currently required to report to FINTRAC, it is still unclear how new legislation will cause a planned or unanticipated outage.

Continue Reading

Trending