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Tea Reaches Over 16,000 Developers As It Raises $8.9M in Seed Funding

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Tuesday, December 6, 2022

Software, Technology, Internet, Blockchain, OS X, Discord, Round 13, Blockchain, Internet, README, OS, Tea, Telegraphy, NFT, VC, Linux, Cryptocurrency, Video game, Homebrew

, a new company building an open source software platform on the blockchain, today announced $8.9 million in a second seed funding round, led by Acuitas Group Holdings.

Key Points:

, a new company building an open source software platform on the blockchain, today announced $8.9 million in a second seed funding round, led by Acuitas Group Holdings.
Terren Peizer, the Founder and Chairman of Acuitas Group Holdings, will be joining the tea Board of Directors effective immediately.
tea launched in Q1 2022 with $8 million in funding led by Binance Labs.
Since its inception, tea has released a whitepaper detailing its protocol for remunerating open-source developers, had over 16,000 developers authenticate, and developed a new unified package manager for open source development.

Meet the VisionTek VT7000 Triple Display 4K Docking station with 100W Power Delivery

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Thursday, February 3, 2022

SCHAUMBURG, Ill., Feb. 3, 2022 /PRNewswire/ -- VisionTek Products LLC, (VisionTek) , a leading manufacturer of award-winning, high-performance upgrades and accessories for PCs and Macs, announced availability of the VT7000 triple display 4K USB-C docking station with 100W Power Delivery.

Key Points:

SCHAUMBURG, Ill., Feb. 3, 2022 /PRNewswire/ -- VisionTek Products LLC, (VisionTek) , a leading manufacturer of award-winning, high-performance upgrades and accessories for PCs and Macs, announced availability of the VT7000 triple display 4K USB-C docking station with 100W Power Delivery.
The VT7000 has the power and capability to transform laptops into a tech-friendly home office workstation for the modern day working professional.
The VisionTek VT7000 Universal docking station powered by DisplayLinktechnology supports resolutions up to triple 4K HDMI, 4K DisplayPort, 4K HDMI + 4K DisplayPort output in both extended and mirrored modes.
The addition of a docking station with power delivery and triple 4K monitor support is the ideal productivity upgrade for all work professionals," said Michael Innes, President of VisionTek.

Vesta Report: Card-Not-Present Fraud is Becoming Increasingly Sophisticated, Creating New Threats for Merchants Across the Globe

Retrieved on:

Wednesday, September 22, 2021

E-commerce, IOS, CNP, Sale, Overalls, Linux, OR, Android, Element, CEO, Geography, Fraud, Human, OS, Machine learning, OS X, Time, Travel, Online shopping

Fraud attempts, however, are not evenly distributed: fraudulent attempts at individual merchants ranged from 0.8% to over 30% depending on business vertical and geography.

Key Points:

Fraud attempts, however, are not evenly distributed: fraudulent attempts at individual merchants ranged from 0.8% to over 30% depending on business vertical and geography.
In the first quarter of 2020 Vesta found that 13% of overall transactions were likely fraudulent, and therefore it blocked those transactions to protect its customers.
It is important to remember that 13% is an aggregate number, inclusive of both high and low-risk merchants.
For low-risk merchants, Vesta approved as many as 99% of all transactions, but for high-risk merchants that approval rate varied greatly depending on fraudulent activity.

Vesta Report: Card-Not-Present Fraud is Becoming Increasingly Sophisticated, Creating New Threats for Merchants Across the Globe

Retrieved on:

Wednesday, September 22, 2021

E-commerce, IOS, CNP, Sale, Overalls, Linux, OR, Android, Element, CEO, Geography, Fraud, Human, OS, Machine learning, OS X, Time, Travel, Online shopping

PORTLAND, Ore., Sept. 22, 2021 /PRNewswire/ -- Vesta, an end-to-end transaction guarantee platform for online purchases, today released its first Global Card-Not-Present (CNP) Fraud Report, which includes an analysis of millions of digital transactions from the first quarter of 2020 through the first quarter of 2021 to track how CNP fraud evolved during that time frame. The overall percentage of global transactions its system identified as being potentially fraudulent ranged from 10 to 13%, with the average value of each fraudulent transaction ranging from $126 to $155. Fraud attempts, however, are not evenly distributed: fraudulent attempts at individual merchants ranged from 0.8% to over 30% depending on business vertical and geography.

Key Points:

Fraud attempts, however, are not evenly distributed: fraudulent attempts at individual merchants ranged from 0.8% to over 30% depending on business vertical and geography.
In the first quarter of 2020 Vesta found that 13% of overall transactions were likely fraudulent, and therefore it blocked those transactions to protect its customers.
It is important to remember that 13% is an aggregate number, inclusive of both high and low-risk merchants.
For low-risk merchants, Vesta approved as many as 99% of all transactions, but for high-risk merchants that approval rate varied greatly depending on fraudulent activity.