Data fabric solutions startup Promethium Inc. announced today that it has raised $26 million in new funding to scale up new customer growth with additional hiring and build out its product. Insight Partners led the Series A round, with 406 Ventures and Zetta Venture Partners also participating. Including the new funding, Promethium has raised $34.5 million to date. Founded in ...

Apple Inc. has reportedly acquired AI Music, a startup that uses artificial intelligence to create tailor-made music. As is typical with companies that Apple acquires, there is no official confirmation or denial of the acquisition. Bloomberg reported today that the deal was complete in recent weeks and the company had about two dozen employees before the deal. ...

Updated: Nvidia Corp.’s $66 billion deal to acquire Arm Ltd. has been called off, nixed by regulatory concerns. The companies, along with Arm owner SoftBank Group Corp., announced the collapse of the deal late Monday night. Arm said it will now prepare for an initial public offering instead within the fiscal year ending in March ...

The Washington state Department of Licensing has disclosed a potential data breach that may have exposed the details of about 250,000 professional licenses. The department is fairly vague on what was involved, saying only in a statement that it became aware of suspicious activity involving professional and occupational license data during the week of Jan. ...

A cyberattack has struck media company News Corp., compromising the emails of journalists. The attack was detected on Jan. 20 and affected News Corp. publications and business units, including The Wall Street Journal and its parent company Dow Jones, the New York Post, News U.K. and News Corp. headquarters. The form of the attack was ...

The U.S. Department of Homeland Security today announced the establishment of the Cyber Safety Review Board that will bring together government and industry leaders to elevate cybersecurity. The establishment of the CSRB is the result of a Biden Administration executive order in May that ordered that the board be created. Robert Silvers, DHS Under Secretary ...

Blockchain startup Trust Machines launched out of stealth mode today with $150 million in funding to expand bitcoin as a web3 platform. Venture capital firms participating in the round include Breyer Capital, Digital Currency Group, GoldenTree, Hivemind and Union Square Ventures. Web3 is the name given to decentralized network applications that run on blockchains, as opposed to Web 2.0, ...

Shares in Snap Inc. surged in after-hours trading today after the company smashed estimates on earnings, revenue and user growth in its fourth-quarter earnings report and reported its first-ever quarterly net profit. The stock jump of nearly 60% in extended trading followed a decline of 24% in the regular session as investors assumed Snap might ...

Shares in cybersecurity firms Fortinet Inc. and Check Point Software Technologies Ltd. rose after the companies reported better-than-expected quarterly results. For the quarter ended Dec. 31, Fortinet reported a profit before costs such as stock compensation of $205.8 million, or $1.23 per share, up from $1.06 per share a year ago. Revenue in the quarter ...

Cybersecurity software startup Keeper Security Inc. today said it has acquired remote access gateway company Glyptodon Inc. for an undisclosed price. Founded in 2013, Glyptodon is the company that invented and maintains Apache Guacamole, the free and open-source, cross-platform remote access desktop gateway. In 2018, the company launched Glyptodon Enterprise, a platform designed to allow DevOps and information technology ...