MMG Fusion Data Breach – What Happened?
Allegedly, a data breach occurred on the servers which contain MMG Fusion’s website and data on Dec. 20, 2020. However, it cannot be substantiated by a reliable source that we have been able to find. The only sites which are reporting the breach occurred are ones that our staff has never heard of, nor did said sites provide any backing information to prove the breach occurred.Read More
Gaelectric, Betapond, Movidius, and Elivar Secure Funding
Renewable energy generation and energy storage group Gaelectric said today that it has completed a €65m funding round for its onshore wind energy portfolio on the island of Ireland.Read More
NTR loss drops to €16.2m as it focuses on wind energy
Investor and asset manager of renewable projects NTR has reported a significantly lower loss of €16.2m for the year ended 31 March 2013, down from €88.8m the previous year. It said it had delivered the key components of its three-year strategic plan a year ahead of schedule by building cash reserves and consolidating the group into a “slimmer, renewable investment and asset management group, with a particular focus on wind energy”. The group’s total assets stand at €775m, further to it selling Greenstar Recycling for $180m as well as wind and solar assets and its remaining shareholding in ethanol producer Green Plains Renewable Energy. NTR expects to invest in wind…Read More
Pinterest raises $100m in funding
Social network site Pinterest has received a US$100m investment in a round led by Japan’s biggest e-commerce site Rakuten. According to the Wall Street Journal, the funding values Pinterest at US$1.5bn. The round includes follow-on investment from existing investors Andreessen Horowitz, Bessemer Venture Partners, and FirstMark Capital, as well as a number of angel investors. Now the 16th most visited site in the US, Pinterest functions like an online mood board, allowing users to ‘pin’ photos and images, and follow others’ collections. In a statement Rakuten said the funding will allow Pinterest to continue improving its service and expanding its community globally. “While some may see e-commerce as a straightforward vending…Read More