When most people think of gaming consoles, Sony Corp., Microsoft Corp. and Nintendo Co. Ltd. would come to mind, but in a completely unexpected twist, Qualcomm Inc. reportedly wants to be on that list. According to a report from Android Police, Qualcomm is planning to launch a console that bears a strong resemblance to Nintendo’s ...

After years of reports, free stock-trading startup Robinhood Market Inc. is finally going public after confidentially submitting its initial public offering paperwork to the U.S. Securities and Exchange Commission. There’s really nothing confidential about the filing, since Robinhood posted about it on its blog. Other than providing a basic statement about offering common stock in its ...

Messaging platform provider Discord Inc. is exploring a sale that could value the company at $10 billion, and Microsoft is reportedly leading the suitors. That’s according to reports Monday from VentureBeat, which first reported Discord’s plans, and Tuesday from Bloomberg, which reported Microsoft’s involvement. One of Bloomberg’s sources said the talks were early and there’s no ...

Multinational oil and gas company Royal Dutch Shell plc is the latest victim of a data breach related to a vulnerability in software from Accellion Inc. In a statement last week, Shell said that the data security incident involved Accellion’s File Transfer Appliance that it uses to transfer large data files securely. The data accessed, during a ...

Digital identity network startup ID.me Inc. has raised $100 million in new funding to build out its secure digital identity network by expanding the number of businesses and government agencies it serves. The Series C round was led by Viking Global Investors and included Counterpoint Global (Morgan Stanley), PSP Growth, Lead Edge Capital, CapitalG, WndrCo, Willoughby Capital, ...

Venture capital money continues to flow into the cybersecurity sector amid the COVID-19 pandemic, as Wiz Inc. and Axis Security today said they raised $130 million and $50 million, respectively. Wiz did not specifically name the investors in its Series B round but noted that previous investors included Sequoia, Index and Cyberstarts. The round was raised on a ...

Audio-based social app Clubhouse has attracted headlines and big venture capital rounds, but the service still is available only for Apple Inc.’s iOS devices. Android users have been keen to check the service out, though, and that’s exactly what some scammers are taking advantage of with fake Clubhouse Android apps. A newly discovered fake Clubhouse Android detailed late ...

Hardware and electronics firm Acer Inc. has been struck by REvil ransomware with the ransomware gang demanding a ransom payment of $50 million. The REvil ransomware gang first announced on their data leak site March 18 that they had breached the Taiwanese company and shared some images of allegedly stolen files as proof. Bleeping Computer reported ...

Cryptocurrency exchange Coinbase Global Inc. has been fined $6.5 million by the U.S. Commodity Future Trading Commision to settle allegations that it undertook reckless false, misleading or inaccurate reporting as well as so-called wash trading between 2015 and 2018. Along with the fine, announced Friday, Coinbase is also subject to stop any further violations of ...

The U.S. Federal Bureau of Investigation has delivered its annual internet crime report based on information from 791,790 complaints in 2020, far surpassing 300,000 complaints in 2019. The report found that the top three crimes reported by victims in 2020 were phishing scams, nonpayment or nondelivery scams and extortion. Victims lost the most money to ...