Maria Deutscher
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Trend Micro exposes 85 adware apps on Google Play with 8M+ downloads
Google LLC has built security mechanisms into Google Play to keep malicious Android apps out, but occasionally cybercriminals find a way to jump the moat. Researchers from antivirus maker Trend Micro Inc. today revealed that they’ve discovered a family of 85 adware-laced applications on the marketplace. The apps, which Google removed after being notified by the ...
Betting on automation, UPS buys stake in self-driving truck startup TuSimple
United Parcel Service Inc. today disclosed that it has acquired a minority stake in TuSimple Inc., a San Diego-based startup developing autonomous driving technology for trucks. The shipping giant didn’t reveal the size of the transaction. However, given that a recent funding round valued TuSimple at nearly $1.1 billion, UPS’ investment was likely quite substantial. ...
Cloudflare files for IPO, revealing revenue of $129M in first half of 2019
Cloudflare Inc. today filed to go public, becoming the second tech firm after WeWork Cos. to do so since the start of the week. San Francisco-based Cloudflare wrapped up the six months ended June 30 with a $129.2 million revenue haul, a 48% improvement over the prior-year period. The company achieved a 51% compound annual growth rate ...
Alibaba blows past earnings estimates as cloud business hits $4.5B run rate
Alibaba Group Holding Ltd. shrugged off the slowdown in the Chinese economy and the Washington-Beijing trade dispute in its fiscal first quarter, posting earnings today that beat analyst expectations on all major counts. The Chinese e-commerce giant reported revenue of 114.92 billion yuan, or $16.74 billion, for the three months ended June 30. Analysts’ forecasts averaged out ...
Lime reportedly seeking to raise up to $500M in new funding
A few weeks ago, insiders leaked that Bird Rides Inc. is in the process of raising new funding at a $2.5 billion valuation. Rival scooter and bike sharing unicorn Lime may now be looking to follow suit. Business Insider today reported that the startup, which is incorporated as Neutron Holdings Inc., has held early-stage talks ...
Insecure biometric database leaks 1M+ individuals’ fingerprint scans
Researchers have stumbled upon a publicly accessible biometric database that exposed more than a million people’s fingerprints, along with a wealth of other personal data. Cybersecurity experts Noam Rotem and Ran Locar of vpnMentor revealed their alarming discovery in a blog post today. The database in question belongs to Suprema ID Inc., a South Korean maker of ...
Co-working behemoth WeWork files for IPO as losses pile up
WeWork Cos. today published the prospectus for its upcoming initial public offering, revealing a fast-growing top line and mounting losses that will test investors’ enthusiasm for unprofitable tech-related firms. The company rents out shared office space to companies in buildings that it manages. The co-working giant, which was valued at $47 billion after its most ...
Slack debuts new automation APIs for enterprise IT teams
Slack Technologies Inc. this morning previewed new application programming interfaces for its platform that will allow information technology administrators to manage their companies’ internal chat channels with less work. The first of the APIs focuses on external services. Slack has an ecosystem of over 400,000 apps and integrations that augment the platform’s native feature set in various ways, ...
Alegion raises $12M to accelerate AI development with AI
Scores of startups have hit the scene in recent years with tools that promise to reduce the complexity of building artificial intelligence software. Alegion Inc., an Austin-based contender, believes that the key to easing the challenge lies in AI itself. The startup today announced that it has raised a $12 million funding round led by ...
DOD Inspector General is investigating potential JEDI conflicts of interest
The U.S. Defense Department’s internal oversight body is investigating potential conflicts of interest around the JEDI cloud computing contract, a spokesperson said today. The Joint Enterprise Defense Infrastructure program will see the Pentagon spend up to $10 billion over 10 years on procuring cloud infrastructure and services. Amazon Web Services Inc. is seen as the ...