U.S. federal investigators are investigating a breach of software auditing company Codecov LLC that could potentially have an impact as broad as the now infamous SolarWinds hack. Founded in 2014, Codecov is an online platform that provides hosted testing reports and statistics for users. Compatible with GitHub, Bitbucket and Gitlab, the company works with 29,000 corporate ...

Trendy audio-based social app Clubhouse today said it has raised even more venture capital funding at a time that Facebook Inc. is reportedly about to go after it. Exactly how much Clubhouse raised in its Series C round was not disclosed by the company. The round was led by Andrew Chen at a16z and included DST ...

Shares in self-driving truck company TuSimple Holdings Inc. were flat in their stock market debut today after the company raised $1.35 billion in its initial public offering on a valuation of $8.5 billion. The company offered 33.8 million shares of its Class A common stock at $40 each and that’s the exact price at which ...

Autonomous aviation technology startup Xwing has raised $40 million in new funding as it announced today that it has completed its first autonomous gate-to-gate commercial cargo flight. The funding round was led by Blackhorn Ventures and included ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital and Array Ventures. Raised on a valuation of $400 million, according to ...

Robinhood Market Inc. faces the risk of losing its license to offer stock trading in Massachusetts after the state’s regulators sought the revocation of its broker-dealer license. The Massachusetts Securities Division said in an administrative complaint filed today that Robinhood should have its license revoked because it fails to protect vulnerable users and “poses a substantial and continued ...

Walmart Inc. today became the latest investor in General Motor Co.’s Cruise autonomous vehicle unit, increasing a round announced in January that already included Microsoft Corp., Honda Motor Co. Ltd. and others to $2.75 billion. The exact amount of the investment was not disclosed. The original round in January was described only as above $2 ...

The price of bitcoin hit yet another new record high today, to nearly $65,000, on a day that cryptocurrency exchange Coinbase Global Inc. surged on its debut on the Nasdaq. The debut of Coinbase, the largest U.S. registered cryptocurrency exchange was unprecedented. After providing a reference price of $250 per share, Coinbase shares debuted at ...

Investment into cybersecurity startups hit a record high of $7.8 billion in 2020, according to new data published today by Crunchbase. The increase was led by the U.S., with investments into the sector increasing 22% in 2020 over 2019, higher than the 15% growth seen in overall venture capital investment over the same time period. In ...

Cellebrite DI Ltd., which announced plans April 8 to go public, is famed for its ability to hack phones such as the iPhone, but according to a new report, it wasn’t actually responsible for its most famous iPhone hack: unlocking the iPhone of the San Bernardino shooter. The Washington Post reported today that the iPhone belonging to the San Bernardino ...

In a possibly unprecedented move, the U.S. Federal Bureau Investigation has obtained a court order to allow it to hack compromised Microsoft Corp. Exchange Servers to remove vulnerabilities as more stories of Exchange servers being targeted continue to emerge. The court order allowed the FBI to copy and remove malicious web shells from hundreds of ...