Genetic testing company 23andMe Inc. today announced it will go public via a special-purpose acquisition company, the latest tech startup to take the SPAC route. Under the deal, valued at $3.5 billion, 23andMe will merge with VG Acquisition Corp., a SPAC founded by Virgin founder Richard Branson. As part of the deal, 23andMe will also raise $250 ...

A recently discovered root exploit vulnerability in Linux has been found to affect Apple Inc.’s macOS as well. The vulnerability allows for an attacker to trigger a so-called heap overflow in Sudo, a program for Unix-like computer operating systems. It allow users to run security privileges of another user in order to gain access to ...

A newly detected form of malware has been detected in the wild, targeting Kubernetes clusters for cryptocurrency mining. Detailed today by security researchers at Palo Alto Networks Inc.’s Unit 42, the malware, dubbed “Hildegard,” was first detected in January and is believed to have been designed by the TeamTNT threat group. Hildegard targets Kubernetes clusters via ...

Webcasting firm ON24 Inc. found strong support on its debut on the New York Stock Exchange today as its share price popped almost 42%. ON24 went into its IPO with its shares priced at $50 per share with an offering of 8.56 million shares of common stock. Its share price hit a high of $79.40 ...

Online financial services startup Payoneer Inc., a company often compared to PayPal Holdings Inc., today announced plans to go public via a special-purpose acquisition company in a $3.3 billion deal. Payoneer will merge with FTAC Olympus Acquisition Corp. and as a part of the deal will receive $300 million from investors that include Wellington Management, Dragoneer ...

Microsoft Corp. identified in December that a second suspected nation-state actor was involved in the now infamous hack of SolarWinds Worldwide LLC, but up until today the narrative in the mainstream media has been that it was just Russian hackers despite proof to the contrary. Although Russian hackers may well have been involved, finally it’s now ...

FOLX Health Inc., a startup designed to offer online digital health care services to the LGBTQIA+ community, announced today it has raised $25 million in new funding to expand its services to all 50 U.S. states and increase its products and services. The Series A round was led by Bessemer Venture Partners and included Define Ventures and ...

Uber Technologies Inc. today said it has acquired alcohol delivery startup Drizly for $1.1 billion in stock and cash. Founded in 2012, Drizly offers alcohol delivery in 1,400 cities across the U.S. and Canada. The company works directly with local beer, wine and spirit merchants to offer thousands of “new, local, well-known and not-so-well products.” ...

Apple Inc.’s long-fabled car project continues to take a step closer to reality. The iPhone maker reportedly has hired a former Porsche executive, and it’s also reported to be close to finalizing deals with automotive partners. The company’s varying efforts to build an autonomous electric vehicle date back to 2014 with various stumbles across along ...

The records of at least 1.4 million people who have made unemployment claims in Washington state have been stolen following a data breach at the state auditor’s office. In a statement today, the Office of the Washington State Auditor said that it had been made aware of a security breach involving software they use from Accellion ...