Alphabet Inc.’s spun-off health science company Verily Life Sciences LLC has raised $1 billion in a round led by Alphabet to support the expansion of its businesses focused on precision health. Founded in 2015 from Google X’s Life Sciences group, Verily aims to fulfill the promise of precision health. The company is focused on processing and ...

U.S. Securities and Exchange Commission Chair Gary Gensler has reiterated today that he continues to believe that cryptocurrencies are securities but said he would support Congress giving oversight for the industry to the Commodity Futures Trading Commission. The comments by Gensler (pictured) came during a wide-ranging interview with former Secretary of Commerce Penny Pritzker at ...

Shares in machine learning cybersecurity firm Darktrace PLC plunged in trading in the U.K. today after the cybersecurity company said acquisition talks with private equity firm Thoma Bravo had been terminated . Thoma Bravo, a voracious private equity firm that has snapped up various cybersecurity and other companies previously, was first reported to be in talks to acquire ...

Shares in Zscaler Inc. surged in late trading after the cybersecurity company delivered an earnings beat and a better-than-expected outlook. For its fiscal fourth quarter ended July 31, Zscaler reported a profit before costs such as stock compensation of $36.4 million or 25 cents per share, up from $20.3 million or 14 cents per share in ...

The idea that medical devices can be hacked for nefarious purposes may sound like something out of movies, but as more and more devices provide connectivity, the risk is exponentially growing. In a newly published report, researchers at Rapid7 Inc. have detailed vulnerabilities in two TCP/IP enabled medical devices produced by Baxter Healthcare Inc., a ...

Blockchain gaming platform startup Animoca Brands Corp. Ltd. said today it has raised $110 million in new funding to support its mission to deliver digital property rights to users, including creating a new asset class — play-to-earn economies — and a more equitable digital framework. Investors in the round include Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV ...

InterContinental Hotels Group PLC, the owner of hotel brands such as Holiday Inn, Crowne Plaza and Regent, has been hit by a cyberattack that resulted in its booking systems being knocked offline. In a statement filed Sept. 6 with the London Stock Exchange, IHG described the issue as its technology systems being subject to “unauthorized ...

Automated quality assurance startup QA Wolf Inc. today launched out of stealth mode with $20.1 million in funding to scale up its team and expand its product experience. Inspired Capital led the round with Notation Capital, CoFound and several individual investors including Peter Thiel also participating. Founded in 2019, QA Wolf pitches itself as transforming the $40 billion ...

Managed cybersecurity platform startup Huntress Labs Inc. said today it has raised $40 million in debt financing from CIBC Innovation Banking to pursue merger and acquisition opportunities, research, product development and expansion into international markets. Founded in 2015, Huntress offers a cybersecurity platform with managed endpoint detection and response. The company’s platform uses automated detection and human-powered ...

Cybersecurity and compliance solution startup Onapsis Inc. today launched a dedicated threat intelligence center to enhance business-critical application security. The Onapsis Research Labs Threat Intel Center connects the Onapsis Threat Intelligence Cloud, a global network of sensors and applications that capture exploit activity by attackers, plus deep research conducted by ORL, into a unified, detailed threat ...