Listed student loans and financial services provider Nelnet Inc. has suffered a data breach, exposing some 2.5 million records belonging to the Oklahoma Student Loan Authority and EdFinancial Services LLC. According to an Aug. 26 sample notification letter, Nelnet Serving, a division of Nelnet that provides services to third parties, informed OSLA and EdFinancial on ...

Snap Inc. reportedly is about to begin laying off around 20% of its workforce as soon as Wednesday, according to a report published today in The Verge. The layoffs are said to hit some departments harder than others, with a team working on ways for developers to build mini-apps and games inside Snapchat expected to be ...

Shares in CrowdStrike Holdings Inc. were flat in late trading despite the cybersecurity company reporting a solid earnings beat and a revised outlook thanks to continuing strong growth. For its second quarter that ended July 31, CrowdStrike reported a profit before costs such as stock compensation of $85.9 million, or 36 cents per share, way up ...

Recurve Analytics Inc., an open-source platform for virtual power plants, said today it has raised $18 million in new funding to accelerate the transition to clean energy by reducing stress on the grid during periods of high demand. The startup’s Series B round was funded by Calpine Energy Solutions, Quantum Innovation Fund, Toshiba Energy Systems & ...

Agricultural robotics startup Solinftec has today announced an expansion to its robotics lineup with the Solix Sprayer, a robot designed to detect and spray weeds. Designed in partnership with McKinney Corp. which is producing and manufacturing the robot, the Solix Sprayer is described as deploying new technology that helps producers reduce their chemical inputs and deliver a ...

Compensation management solutions provider beqom SA revealed today that it has acquired continuous performance management platform startup Our Tandem for an undisclosed price. Founded in 2016, Our Tandem offers a performance management system designed to sit in the flow of work, integrating with core human resources systems, Microsoft Office and enterprise resource planning systems. The company’s ...

A new study from Georgia Institute of Technology researchers has found malicious plugins installed on some 25,000 WordPress websites. The researchers analyzed backups from over 400,000 web servers and found 47,337 malicious plugins across 24,931 unique WordPress sites using a web development tool named “YODA.” Every compromised website in their dataset had two or more ...

Hackers behind a phishing attack that compromised accounts on cloud communications provider Twilio Inc. used their access to intercept onetime passwords issued by Okta Inc. The hack on Twilio took place on Aug. 4 and involved the theft of employee credentials that in turn gave the hacker access to a limited number of customer accounts. To ...

The same hacking group that successfully breached Twilio Inc. and attempted to breach Cloudflare Inc. earlier this month is now believed to have breached more than 130 organizations in the same phishing campaign. As detailed today by researchers at Group-IB Global Pvt. Ltd., the phishing campaign, codenamed “0ktapus” after its impersonation of identity and access management service ...

Shares in Affirm Holdings Inc. plunged in late trading after the payments company missed forecasts on quarterly earnings and offered a lower-than-expected outlook for the quarter ahead. For its fiscal fourth quarter that ended June 30, Affirm reported a net loss of 65 cents per share, surpassing last year’s loss of 48 cents per share. ...