Some two years after confidentially filing for an initial public offering, Reddit Inc. is getting set to go public in March, according to a report today from Reuters. The report, citing unnamed sources, says Reddit plans to make its public filing in late February, followed by a roadshow in March and then listing by the end ...

Shares in iRobot Corp. dropped over 30% in late trading today after a report from the Wall Street Journal said the European Commission intends to block the $1.7 billion takeover of the company by Amazon.com Inc. The report, citing people familiar with the matter, claims that officials from the EC met on Thursday with representatives ...

Software supply chain security startup Kusari Inc. announced today that it has raised $8 million in new funding to accelerate the development of its software supply chain security solutions. Founded in 2022 by three cybersecurity experts “on a mission to bring transparency and security to the software supply chain,” Kusari seeks to help organizations identify and ...

A new report released today by artificial intelligence and machine learning systems cybersecurity startup Protect AI Inc. highlights key vulnerabilities found in those systems recently uncovered by its bug bounty program. Protect AI was founded in 2022 by former Amazon Web Services Inc. and Oracle Corp. employees, including Chief Executive Officer Ian Swanson, who was previously the worldwide leader for ...

Adaptive and autonomous security access solutions startup Oleria Corp. announced today that it has raised $33 million in new funding to accelerate its product innovation, including artificial intelligence capabilities, and expand its go-to-market strategy. The company was founded by former Salesforce Inc. Chief Trust Officer Jim Alkove and identity solutions product executive and former JumpCloud Inc. Chief ...

Taiwanese semiconductor maker Foxsemicon Integrated Technology Inc., a subsidiary of Hon Hai Precision Industry Co. Ltd., better known as Foxconn, has been hijacked by the LockBit ransomware gang, which made a ransom demand. The Taipei Times reported today that the Foxsemicon website showed a message in English that claimed that 5 terabytes of data had been stolen. ...

Researchers at French cybersecurity research company Quarkslab have discovered nine vulnerabilities in TianoCore EDK II, an open-source Unified Extensible Firmware Interface used by various hardware and software manufacturers. A modern firmware standard, UEFI is integral to booting operating systems on modern computers and bridging communication between the hardware and operating system. Tianocore’s EDK II is a prominent ...

Software supply chain company JFrog Ltd. announced today a new integration with Amazon SageMaker to enable developers and data scientists to collaborate efficiently on building, training and deploying machine learning models. SageMaker is a cloud-based machine-learning platform that allows the creation, training and deployment of machine learning models on the cloud and is used by developers to ...

Enterprise cloud data protection company Skyhigh Security LLC today introduced an artificial intelligence-powered data loss protection assistant designed to help simplify complex DLP tasks. Offered as part of the Skyhigh Security Service Edge Portfolio, the AI assistant allows customers to create complex data classifications based on natural language expressions. The ability is claimed to increase ...

A new report released today by DocSend Inc., a Dropbox Inc. company, finds a surprising positive shift in fundraising dynamics in the fourth quarter of 2023, noting investor engagement with pitch decks increasing for the first time in six quarters. Investor activity increased 1.7% quarter-over-quarter in the fourth quarter, signaling what the report describes as “encouraging progress” ...