FAA proposes record $1.9M fine against drone operator for ‘unauthorized’ flights

A Chicago-based drone business is facing a hefty $1.9 million fine from the FAA for alleged unauthorized flights in airspace over New York City and Chicago, with some of the incursions apparently taking place close to busy airports. The post FAA proposes record $1.9M fine against drone operator for ‘unauthorized’ flights appeared first on Digital […]

Enterprise SaaS Marketplace AppDirect Raises $140M Series E Round Led By J.P. Morgan

 AppDirect makes it easier for enterprises to buy cloud services from the likes of Box, Google, Symantec and others (and serves as a kind of referral service for these businesses). The company today announced that it has raised a $140 million funding round led by J.P. Morgan. All of the company’s existing institutional investors, including […]

MoneySmart Raises Series A To Bring Personal Finance Tools To Southeast Asia’s Growing Middle Class

 For most consumers who aren’t Scrooge McDuck, learning about personal finance is like dental checkups—boring, sometimes painful, but necessary. Vinod Nair, the founder and chief executive officer of MoneySmart, wants to change that. The site, which publishes articles and lets users compare services like home loans and credit card, tries to make personal finance fun […]