Information technology services company Cognizant Technology Solutions Corp. has been hit by a ransomware attack with part of its systems being taken offline over the weekend. In a statement April 18, Cognizant admitted to a security incident involving its internal systems and said its issues were related to a Maze ransomware attack. The company added that internal security ...

Instagram co-founders Mike Krieger and Kevin Systrom have teamed up to launch a new COVID-19 website that tracks contagion levels across U.S. states. Called Rt.live, the tracking service uses a data analysis algorithm to track the “effective reproduction number” of the coronavirus to allow users to see how many secondary infections are likely to occur from ...

About $25 million in cryptocurrency was stolen from Uniswap and Lendf.Me over the weekend by hackers who exploited a technology underlying the Ethereum blockchain. Of the two, Lendf.Me, a decentralized lending platform with instant borrowing and withdrawal capabilities, was hit hardest, with 99.95% of funds or $24.5 million stolen. Lendf.Me itself is supported by the dForce Foundation, a provider of ...

Chinese auto manufacturer Guangzhou Xiaopeng Motors Technology Co. Ltd., better known as Xpeng, today announced its latest model, a competitor to Tesla Inc.’s Model 3 that’s powered by Nvidia Corp. technology, will roll out April 27. The Xpeng P7 uses the Nvidia DRIVE AGX Xavier platform with Nvidia’s most advanced graphics processing units and its Arm Hercules central processing units, ...

Business monitoring startup Anodot Ltd. said today it has raised $35 million in new funding to hire more people, expand into new industries and build personalized business packages. The Series C round was led by Intel Capital and included SoftBank Ventures Asia, Samsung NEXT, La Maison, Disruptive Technologies L.P., Aleph and Redline Capital Management. As part of the ...

Payment technology company Stripe Inc. announced today that it has raised an additional $600 million in new funding as an extension of its Series G round from September to accelerate its international expansion, grow its product suite and extend its enterprise capabilities. The extension on the round was on the same terms, with a valuation previously reported to ...

The Libra Association, the group set up to manage Facebook Inc.’s proposed cryptocurrency today announced that its original proposal for Libra is no more. Instead, it plans to launch a number of currency-backed stablecoins. Such plans were first reported March 3, but Facebook at the time denied the plan. Six weeks later, that’s exactly what has ...

Free stock-trading app maker Robinhood Market Inc. is close to raising $250 million in new funding on an $8 billion valuation, according to sources reported today by Bloomberg. The new round, which would be the company’s Series E, is said to be being led by SoftBank Group Corp. Robinhood last raised funding — $323 million in July ...

Australian financial technology company Airwallex Pty Ltd. has raised $160 million in new funding to accelerate worldwide growth in Europe, the U.S. and new markets as well as to expand its product lineup and make acquisitions. The Series D round was led by ANZi Ventures and Salesforce Ventures and included DST Global, Tencent, Sequoia Capital China, Hillhouse ...

Videoconferencing service Houseparty is claiming it has gotten 50 million sign-ups in the past month thanks to the COVID-19 pandemic and is also claiming to be the No. 1 app in 82 countries. Owned by Fortnite maker Epic Games Inc. through subsidiary Life on Air Inc., Houseparty was little-known before coronavirus. But now average conversation ...