General Motors Co. announced today that it’s giving its troubled self-driving car unit, Cruise LLC, $850 million in funding while it works out what to do next in terms of its strategy and funding. Bloomberg reported that the announcement was made by GM Chief Financial Officer Paul Jacobson at an investor conference in New York. He ...

Amazon Web Services Inc. today reaffirmed its commitment to security at its annual re:Inforce conference, announcing a series of new artificial intelligence-powered features and enhanced security measures. The new features are said to link back to seven reasons why security will always be Amazon’s top priority. The reasons include security being a part of everyone’s ...

Shares in Rubrik Inc. rose more than 2% in late trading today after the data security software provider reported earnings and revenue beats in its first quarterly financial report since going public in April. For its fiscal 2025 first quarter ended on April 30, Rubrik reported an adjusted earnings per share loss of $1.58, up ...

Identity verification and authentication startup Incode Technologies Inc. today announced that it has acquired identify verification startup MetaMap Inc. for an undisclosed price. Founded in 2017, MetaMap offers a customer identity platform designed around the concept of continuous improvement. The platform allows businesses to predict whom they should serve and to what extent. It also hosts a ...

Application security testing firm Checkmarx Ltd. today launched two new products, Checkmarx Application Security Posture Management and Cloud Insights, that are designed to help enterprises with code-to-cloud visibility and analysis of cloud-native application security risks. Available as part of the Checkmarx One AppSec platform, APSM and Cloud Insights allow enterprises that are developing cloud-native applications to reduce ...

Industrial zero-trust cybersecurity startup XONA Systems Inc. announced today that it has raised $18 million in new funding to enhance its operational technology enterprise zero-trust user access platform to meet evolving regulatory requirements and stave off increasing cyberattacks. Founded in 2017, XONA offers a zero-trust user access platform for industrial operations. The company’s platform is ...

A new report released today by Forescout Research’s Vedere Labs warns that network equipment has become the riskiest information technology device category, surpassing endpoints as attackers are crossing silos to find entry points across the full spectrum of devices, operating systems and embedded firmware. The finding was the top result in the Riskiest Connected Devices in ...

A new report released today by Startup Genome and the Global Entrepreneurship Network on the current state of startups in 2024 has found a mix bag of results, with significant challenges in global venture capital funding but positive signs in areas including generative artificial intelligence and cleantech. The 2024 Global Startup Ecosystem Report, based on data ...

The U.S. Federal Bureau of Investigation is encouraging victims of the notorious LockBit ransomware gang to contact them after they were able to obtain more than 7,000 decryption keys that can help victims reclaim their data. The news came via a speech Wednedsay by Bryan Vorndran, assistant director of the FBI’s Cyber Division, at the 2024 ...

Network security company Tenable Holdings Inc. today announced it plans to acquire Israeli cloud data security posture management platform startup Eureka Security Inc. for an undisclosed price. Founded in 2021, Eureka offers a service for security teams to mitigate the risk of data loss and theft in multicloud environments. It does so by delivering control over an ...