Uber Freight, the majority-owned logistics arm of Uber Technologies Inc., today said it’s acquiring shipping software company Transplace Inc. for $2.25 billion. Uber Freight is acquiring the company from TPG Capital in a deal that consists of $750 million in common Uber stock and the remainder in cash. Founded in 2000, Transplace offers a blend ...

Information technology management software firm Kaseya Ltd. has obtained a master decryptor for victims of the REvil ransomware attack that targeted its customers earlier this month. Kaseya said in a security update today that it has obtained the tool from a third party and has teams activity helping customers affected by the ransomware to restore ...

Shares in Snap Inc. surged in after-hours trading today after the social media company smashed analysts’ estimates for its quarterly earnings. For the quarter ended June 30, Snap reported revenue jumped 116% from a year ago, to $982 million. Adjusted earnings before interest, taxes, depreciation and amortization came in at $117 million, or 10 cents ...

Shares in Twitter Inc. rose in after-hours trading today after the microblogging company beat analyst expectations thanks to strong advertising growth. For the quarter ended June 30, Twitter reported revenue shot up 74% from a year ago, to $1.19 billion. The growth in the revenue was driven by advertising, which came in at $1.053 billion, nearly ...

Healthcare price comparison startup Turquoise Health announced today it has raised $5 million in funding to support product development. Andreessen Horowitz led the seed round. Other investors included Bessemer Venture Partners and Box Group and individual investors such as Henry Ward, Megan Callahan, Jonathan Bush and Klay Thompson. Founded in 2020, Turquoise Health aims to simplify health ...

The vast majority of software container users are unaware of crucial security principles that underline the urgency for runtime controls, according to a new study released today by cloud-native security company Aqua Security Software Ltd. The 2021 Cloud Native Security Practitioner study, based on a survey of 150 cloud-native security practitioners and executives from information technology, ...

Saudi Aramco, the state oil company of Saudi Arabia, has been targeted in a ransomware attack, with a $50 million ransom payment demanded. Officially, the attack is being described by the company today as an indirect release of a limited amount of company data held by third-party contractors. Saudi Aramco noted that there was no ...

Police in Spain arrested a British man today in relation to the hacking of celebrity accounts on Twitter Inc. in 2020. Joseph James O’Connor, 22, was arrested in Estepona, Spain, by Spanish National Police pursuant to a U.S. request on multiple charges concerning the July 2020 hack that saw the compromise of 130 Twitter accounts. ...

Audio-based social startup Clubhouse is finally out of beta test mode and is open to the public after a year of operating on an invite-only basis. The opening up of the service comes amid increasing competition for a service that was once believed by some to be the next Twitter Inc. Now that it’s coming ...

Cybersecurity risk assessment startup Safe Securities Inc. revealed today that it has raised $33 million in new funding led by U.K. telecommunications firm BT Group plc to hike research and development. Founded in 2012 and previously known as Lucideus, SAFE Security, as it prefers to call itself, offers cybersecurity and digital business risk quantification through a ...