Artificial intelligence-powered industrial robotics startup Symbio Robotics Inc. today officially launched with an announcement that it has raised $30 million. The funding round was led by ACMECapital and included Andreessen Horowitz, Eclipse Ventures and The House Fund. Founded in 2014, Symbio developers robotic systems and software for advanced manufacturing that use AI to modernize industrial manufacturing. The company’s ...

Anyone who follows cryptocurrency markets will know that you can never accuse them of being boring, never more true than in the last few days, as the price of bitcoin embarked on yet another roller-coaster ride — with Elon Musk at the center of the story. Bitcoin, which first broke through $50,000 Feb. 16 after ...

Users of Microsoft Corp. email services are being targeted by a new phishing scam that sends fake messages pretending to be from FedEx Corp. and DHL International GmbH. Detailed today by security researchers from Armorblox Inc., the phishing attack is known to have targeted at least 10,000 Microsoft email users with fake links that, if followed, ...

iFinex Inc., the parent company of cryptocurrency exchange Bitfinex and the Tether stablecoin, has settled a long-running lawsuit filed by the New York Attorney General’s office in April 2019. The lawsuit claimed that Bitfinex and Tether engaged in “undisclosed, conflicted transactions to cover Bitfinex’s losses by transferring money out of Tether reserve funds.” The amount claimed to ...

Shares in Square Inc. plummeted in after-hours trading after the financial services provider disclosed in its quarterly earnings report that it had purchased bitcoin at a time the cryptocurrency is declining in price. For the quarter ended Dec. 31, Square reported revenue jumped 141% from a year ago, to $3.16 billion, in the quarter ended ...

Sophos Group plc today announced a partnership with Qualcomm Inc. to provide its Intercept X endpoint protection to 5G personal computers powered by Qualcomm Snapdragon compute platforms. Qualcomm’s main 8cv compute platform, unveiled in December 2018, offers a seven-nanometer central processing unit designed for Windows 10 PCs. The platform enables 5G connectivity built on smartphone ...

Israeli information technology automation platform startup Atera Networks Ltd. announced today it has raised $25 million in new funding led by K1 Investment Management to expand research and development, widen its geographic footprint and accelerate its market expansion efforts. Founded in 2011, Atera offers an all-in-one platform that combines remote monitoring and management with help desk, reporting ...

Sequoia Capital, one of the most famous venture capital firms in Silicon Valley has suffered a data breach with investor information likely stolen. Officially referred to by the firm as a “cybersecurity incident,” it’s believed that the attack vector was via an employee being phished. Whether malware or ransomware was involved in the data breach ...

EquityBee Inc., a company that helps startup employees raise money to exercise their stock options, said today it has raised $20 million in new funding to accelerate growth and expand product offerings. The Series A round was led by Group 11 and included Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. Founded in 2018, EquityBee offers ...

A new form of malware has been discovered to be infecting Apple Inc. computers running Intel Corp. chips and the company’s own M1 chips but oddly it’s not known what the intent behind the malware is. Detailed late last week by security researches at Red Canary, the malware targets LaunchAgent, a root-level folder in macOS that ...