Canva is one of Australia's biggest tech companies. Founded in 2012, the Canva website has become a favorite among regular users and large companies who often use it to build quick websites, design logos, or put together eye-catching marketing materials. Since its launch, the site has shot up the Alexa website traffic rank, and has recently entered the Top 200, currently ranked at #170. Three days ago, the company announced it raised $70 million in a Series-D funding round, and is now valued at a whopping $2.5 billion. Canva also recently acquired two of the world's biggest free stock content sites -- Pexels and Pixabay. Details of Pexels and Pixabay users were not included in the data stolen by the hacker. Stolen data included details such as customer usernames, real names, email addresses, and city & country information, where available. For 61 million users, password hashes were also present in the database. The passwords where hashed with the bcrypt algorithm, cu
The amount of the award seems staggering at first glance. In the aftermath of the grounding of Boeing’s 737 Max fleet , the aerospace manufacturer recently set aside $100 million for the families of those killed in the Lion Air and Ethiopian Air tragedies ($50 million for “near-term financial help” and $50 million “to support education, including college tuition or other schooling expenses for children of victims and hardships or living expenses for impacted families.”) This sum does not include any potential lawsuits that may be filed, and families will be allowed to file a suit regardless of whether they take any portion of the $100 million. If the Roundup pesticide settlements are any guide, Boeing can expect to pay hefty sums in the near term. Roundup Fallout Roundup, the popular weed-killer produced by Monsanto Co. and owned by Bayer, has been the subject of three major court settlements in California. In August 2018, Dewayne “Lee” Johnson accepted a $78 million s