FTC schools edtech giant Chegg over ‘careless’ cybersecurity practices

The Federal Trade Commission has accused U.S. education technology giant Chegg of “careless” cybersecurity practices that led to the exposure of sensitive information about tens of millions of its customers and employees. In a legal complaint filed on Monday, the FTC accuses Chegg — which provides digital and physical textbook rentals and online tutoring — … Read more

How our startup made it through 2 recessions without relying on layoffs

Sachin Gupta Contributor Share on Twitter Sachin Gupta is the CEO and co-founder of HackerEarth. He was formerly a software developer at Google and Microsoft, and now oversees HackerEarth’s sales, marketing and general operations. More posts by this contributor Fighting the ‘copycat’ stigma in SaaS: 3 tricks that work Entrepreneurs deploying capital often face two … Read more

16 months after its IPO, UK online retailer Made.com prepares for administration

Made.com, a U.K.-based ecommerce company that sells furniture and related home accessories across seven European markets, is bracing for insolvency as it confirmed plans to appoint administrators after failing to find a buyer. Founded in 2010, Made.com emerged as something of a darling in the U.K. startup sphere for the way it worked with select … Read more

Evolito, with an axial-flux motor lighter than Tesla’s, starts ramping up its team

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. YASA’s axial-flux electric motors had previously garnered a reputation for efficiency, high power density, small size, and low weight. However, the team behind YASA did something quite clever. … Read more