Reddit Inc. has filed a lawsuit against Anthropic PBC that accuses the artificial intelligence startup of unauthorized scraping and commercial use of Reddit user data to train its Claude family of AI models. The complaint, filed today in the Superior Court of California, San Francisco, alleges breach of contract, trespass to chattels, unjust enrichment, tortious ...

Updated: Circle Internet Group Inc., the company behind the popular USDC stablecoin, Thursday saw its shares jump 168% over an already raised $31 offering price on its first day of trading. The company had previously set a price range of $27 to $28 per share. Reuters reports that ahead of its debut, Circle and its shareholders ...

CrowdStrike Holdings Inc. has revealed that it’s cooperating with ongoing U.S. federal investigations into its July 2024 outage that disrupted computer systems worldwide. The company said the Justice Department and the Securities and Exchange Commission have requested information related to the incident and other matters in a filing with the SEC. The Wall Street Journal ...

Merlin Ventures today announced the successful close of its oversubscribed inaugural fund, surpassing its $75 million target, aiming to fast-track market access for disruptive seed-stage cybersecurity tech startups. The new fund will have a strong emphasis on growing the Israeli tech ecosystem and will accelerate market opportunities for high-growth startups with next-generation cybersecurity technologies. Since ...

A new survey from Google LLC released today highlights a growing awareness of online scams and a gradual generational shift in security behaviors, as Google gears up its use of artificial intelligence to keep users safe across its ecosystem. The survey, conducted in partnership with Morning Consult, finds a growing willingness among younger generations to ...

Cloud security company Zscaler Inc. today announced a series of product updates designed to help enterprises extend zero-trust security across their distributed environments. The announcements, made at the company’s Zenith Live 2025 event in Las Vegas, include new offerings for securing remote and cloud-native infrastructures, as well as artificial intelligence-powered tools for data classification, threat detection and ...

Shares in Asana Inc. fell more than 7% in late trading today on investor concerns about slowing revenue growth, after the work management software company reported earnings and revenue ahead of expectations in its fiscal 2026 first quarter. For the quarter that ended on April 30, Asana reported adjusted earnings per share of five cents, ...

Shares in CrowdStrike Holdings Inc. fell more than 5% in late trading today after the cybersecurity company reported solid fiscal 2026 first-quarter results but fell short of expectations with its second-quarter outlook. For the quarter that ended on April 30, CrowdStrike reported adjusted earnings per share of 73 cents, down from 79 cents per share in the ...

New Zealand professional services automation startup Projectworks announced today that it has raised $12 million in new funding to expand its product development, go-to-market and customer success teams. With the funding, the company is particularly focusing on developing generative artificial intelligence tools for the platform, such as time tracking and proposal generation. Founded in 2019, ...

Israeli cybersecurity startup Zero Networks Ltd. announced today that it has raised $55 million in new funding to expand its team and scale up go-to-market efforts worldwide. Founded in 2019, Zero Networks offers automated, agentless microsegmentation solutions that prevent lateral movement and block ransomware attacks. The company’s platform simplifies the implementation of zero-trust security by dynamically learning ...