Troubled cryptocurrency lending platform Celsius Network LLC said today that it’s preparing to file for Chapter 11 bankruptcy after being labeled “deeply insolvent” by Vermont’s Department of Financial Regulation. The decision by Celsius to file for bankruptcy came on the same day that Vermont’s regulator announced that it had launched an investigation into whether the company violated ...

Neflix Inc. said today it has signed a deal with Microsoft Corp. that will provide the streaming giant with technology and sales support for an advertising-supported tier expected to be released later this year. Netflix first said that it was looking at introducing a cheaper streaming tier with advertising in April. The announcement came after ...

Information security company CyberArk Software Ltd. today announced a new security product for Amazon Web Services Inc., along with a range of enhancements for its existing product suite. The new product, CyberArk Secrets Hub, is designed to provide developers with a simple, secure and consistent way to access secrets on AWS using AWS Secrets Manager. The service allows ...

Researchers at INKY Technology Corp. today detailed a new phone scam variant that uses QuickBooks to trick victims into handing over personal information. The scam involves scammers setting up free 30-day trial QuickBook accounts to send invoices to potential victims. The scammers send invoices claiming that the victims had purchased an item and their credit cards ...

Blockchain gaming platform startup Animoca Brands Corp. Ltd. said today it has raised $75.32 million in new funding to fund strategic acquisitions, investments and product development, secure licenses for popular intellectual properties and advance the open metaverse. The investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership ...

Twitter Inc. today filed a lawsuit against Elon Musk to force him to follow through on the original deal to acquire the microblogging company. The lawsuit, filed in the Court of Chancery of the State of Delaware, alleges that Musk (pictured) refuses to honor his obligations to Twitter and its stockholders “because the deal he ...

The founders of cryptocurrency hedge fund Three Arrows Capital Ltd. have allegedly gone missing and are not cooperating with the company’s liquidation. Three Arrows Capital was ordered to liquidate by a court in the British Virgin Islands on June 27 after creditors sued the company following its default on debts amid the ongoing crypto winter. ...

Amazon Web Services Inc. has today announced the general availability of its Redshift Serverless alongside EMR Serverless and MSK Serverless, services that are designed to make it easier for customers to analyze large amounts of data without having to configure, scale up or manage the underlying infrastructure. Redshift Serverless offers a serverless data warehouse to tens of thousands ...

Network security company Tenable Inc. today announced the addition of Nessus Expert to its portfolio of vulnerability assessment solutions. The service is designed to give security consultants, penetration testers and security practitioners extended external capabilities and expanded visibility into cloud-native environments. Nessus Expert is claimed to be the first service to address managing external assets and cloud configurations head-on. ...

DevSecOps automation tools startup Rezilion Inc. today announced the full availability of its new, automated vulnerability management solution. Designed to identify, prioritize and remediate vulnerable software, Rezilion’s new management solution is pitched as uniquely solving challenges in the software attack surface by applying automation at all critical stages in the software security workflow, providing security teams with ...