PitchBook Data Inc., the go-to company for data and research concerning technology companies, today released some interesting emerging technology predictions for 2022 — led, perhaps surprisingly, with agriculture. For the year ahead, PitchBook predicts, the agtech sector will experience record merger and acquisition activity. The reason: Precision agriculture sector is maturing, with software providers coalescing ...

Cryptocurrency exchange Kraken today said it has acquired Stack LLC, a provider of noncustodial staking services. The price of the acquisition was not disclosed but Kraken described it as one of the largest crypto industry acquisitions to date. Founded in 2018, Staked helps investors earn yield from staking without relinquishing custody of their crypto assets. ...

Meta Platforms Inc. has acquired ImagineOptix Corp., a developer of augmented and virtual reality optics technology designed to overcome optical and optoelectronics challenges in displays. The acquisition was first discovered Dec. 17 by optics analyst Karl Guttag and confirmed today by Meta to The Information. It’s not clear when Meta acquired the company. The website for ImagineOptix is ...

Shares in BlackBerry Ltd. dropped in after-hours trading today despite the company delivering better-than-expected earnings results. For the quarter ended Nov. 30, BlackBerry reported a loss of five cents per share on revenue of $184 million, compared with a loss of 23 cents per share on revenue of $218 million in the same quarter last ...

Security-as-a-service startup ContraForce revealed today that it has raised $2 million in seed funding from DataTribe and has launched into general availability. Founded in 2020 by industry security and cloud experts from Armor Defense Inc., McAfee Corp. and Intel Corp., ContraForce offers no-code security automation that focuses on securing small and medium-sized enterprises that lack resources and ...

Cybersecurity firm ZeroFox Inc. is set to go public through a special-purpose acquisition company merger with L&F Acquisition Corp. Along with the SPAC merger, ZeroFox also announced today that it’s acquiring Identity Theft Guard Solutions Inc., known as IDX. The SPAC merger values ZeroFox at $1.4 billion. The combined company will be named ZeroFox Holdings ...

Security researchers have discovered a new attack vector that exploits the Log4j vulnerability as the Apache Foundation has released a new patch to address the overall issue. Discovered late last week by researchers at Blumira Inc., the new attack vector relies on a Javascript WebSocket connection to trigger a remote code execution on internal and locally ...

Tax preparation company H&R Block Inc. today filed a lawsuit against Jack Dorsey’s Block Inc., the company previously known as Square Inc., for alleged trademark infringement. H&R Block claims that its goodwill and brand identity, which it has cultivated over the last 65 years, is under attack by the San Francisco-based tech company. It also ...

Uber Technologies Inc. today announced it’s partnering with autonomous vehicle company Motional Inc. to do a trial of driverless food delivery in 2022. Motional is a joint venture between Hyundai Motor Co. and Aptiv Plc to combine Aptiv’s self-driving car technology with Hyundai’s car-making skills. The company claims that it’s at the forefront of the ...

Reddit Inc. announced late Wednesday that it has confidentially filed its S-1 paperwork with the U.S. Securities and Exchange Commission to go public in the new year. The number of shares to be offered in the initial public offering and the price range have not yet been determined. Reddit noted that it’s in a quiet period ...