News

A Google Account Purge Is Coming. Will You Be Affected?

In an email and blog post titled, “Updating our inactive account policies,” Google has warned users of the upcoming deletion of inactive accounts.

Published

10 months ago

November 15, 2023

Nour Nasir

a google account purge is coming will you be affected

Google has revealed plans to delete any dormant accounts that haven’t been used over the past two years, starting on December 1st. All messages, photos, and other data will also be wiped during the upcoming purge.

Google’s vice president of product management, Ruth Kricheli, wrote in a blog post that the company is updating its inactivity policy for Google (and Google Workspace) accounts that have not been used or signed into for at least two years, explaining that all content contained in Gmail, Docs, Drive, Meet, Calendar, and Google Photos will also be axed — though business and school accounts will be unaffected.

“This is because forgotten or unattended accounts often rely on old or re-used passwords that may have been compromised, haven’t had two-factor authentication set up, and receive fewer security checks by the user,” Kricheli says in the blog post. “Our internal analysis shows abandoned accounts are at least 10x less likely than active accounts to have 2-step verification set up. These accounts are often vulnerable, and once an account is compromised, it can be used for anything from identity theft to a vector for unwanted or even malicious content, like spam”.

Also Read: You Can Now Delete Threads And Keep Your Instagram Account

There are now 1.8 billion active Google account users worldwide, so the upcoming purge could lead to millions of deleted Gmail addresses. Unfortunately, if you expect to find it easier to grab a catchy new address, think again. The company will not release purged Gmail handles back into circulation due to fears they could be used to impersonate their old owners.

Should you be worried about Google’s December 1st plans? You’ll be completely fine if you’ve logged in to a Google account during the last 2 years. However, if you’re paranoid about an old account getting wiped, you should login and send yourself an email for extra peace of mind.

News

Paymob Extends Series B Funding To $72M Amid Continued Growth

The financial services provider has secured an extra $22 million after strong performance in its core market of Egypt.

Published

21 hours ago

September 12, 2024

Nour Nasir

paymob extends series b funding to $72 million amid continued growth

Leading financial services provider Paymob has secured an additional $22 million in a funding extension, bringing its Series B total to $72 million.

The funding was spearheaded by EBRD Venture Capital, with support from Endeavor Catalyst. Existing backers such as PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures also participated, reaffirming their confidence in Paymob’s business model and potential in the regional fintech industry.

This extension comes on the back of Paymob’s strong performance in its core market of Egypt, where it has experienced 6x revenue growth since the initial Series B in Q2 2022. With the Series B extension and continued profitability in Egypt, Paymob is well-positioned to further its expansion strategy across the MENA region.

Islam Shawky, Co-founder and CEO of Paymob, commented: “We are very excited by our strong prospects in Egypt – where we hold a market-leading position – and the significant traction experienced in the UAE since launching operations there. This funding will help Paymob fully capitalize on the momentum in our established markets, as we accelerate our GCC roll-out. We remain committed to creating cutting-edge infrastructure enabling SMEs across the region to thrive in the digital economy and are proud of our continued impact”.

Also Read: Zoho Expands Qatar Operations & Releases New Survey Data

The expansion into GCC markets has been driven by Paymob’s initial Series B funding of $50 million, raised in 2022 and led by Kora Capital, PayPal Ventures, and Clay Point. The investment fueled Paymob’s growth, allowing it to launch its mobile app in 2023 and grow its merchant base by 3.5 times, now serving nearly 350,000 merchants across MENA.

Paymob has also expanded its payment acceptance suite to offer 50 payment methods through its gateway, POS terminals, and the Paymob app, providing the region’s most comprehensive fintech solution. The company recently introduced embedded checkout services for Shopify and WooCommerce, further demonstrating its commitment to empowering small and medium businesses across the region.