Artificial intelligence-powered autonomous vehicle sensor startup AEye Inc. today announced that it plans to go public via a special-purpose acquisition company. The deal will see AEye merge with CF Finance Acquisition Corp. III in a deal that values the company at $2 billion. As part of the deal, AEye will raise $225 million in private investment in ...

Waymo LLC, the self-driving car division of Alphabet Inc., today announced that it has begun limited testing of an autonomous robotaxi service in San Francisco some two years after it launched a commercial service in Phoenix. The testing of the service in San Francisco involves Waymo employee volunteers who are tasked with gathering feedback on ...

The U.S. Justice Department today indicted three North Korean nationals for their alleged role in the hacking and ransomware attacks that targeted cryptocurrency exchanges, banks and the entertainment industry among others. Jon Chang Hyok, Kim Il and Park Jin Hyok are accused of being members of the Reconnaissance General Bureau, a military intelligence agency of North Korea ...

Identity-aware authorization and application security solutions provider Cloudentity Inc. has announced a new partnership with application programming interface integrations platform provider Axway Software SA to deliver zero-trust authorization for open banking services. Open banking services are the use of APIs to enable third-party developers to build applications and services around a financial institution. The gist ...

A newly disclosed vulnerability in a software development kit used by a variety of applications and sites allows an attacker to spy on ongoing audio and video calls. Detailed early Wednesday by security researchers at McAfee LLC’s Advanced Threat Research team, the vulnerability relates to the Agora Inc. Video SDK. The Agora SDK is designed to deliver ...

The price of bitcoin hit yet-another new record high today, briefly surpassing $50,000 around 9:30 p.m. EST. As when it broke through $40,000 for the first time on Feb. 8, support from Elon Musk through a significant investment from Tesla Inc. is being attributed to the rise, though other major companies are also reported to ...

International law firm Jones Day has been targeted in a ransomware attack and the stolen files were dumped on the internet. First reported Feb. 13 by DataBreaches.net, the attack is believed to have involved the Clop ransomware gang, the same group behind an attack on German tech giant Software AG in October. Officially Jones Day is ...

A new report has found that criminals who use cryptocurrency launder their funds through a small number of online services. Chainalysis Inc., which last month said only 0.34% of cryptocurrency is traded for illicit purposes, found last week that the actual number of those undertaking illicit transactions is also remarkably small. Describing money laundering as “highly concentrated,” Chainalysis ...

Microsoft Corp. President Brad Smith has labeled the now-infamous hack of SolarWinds Worldwide LLC’s Orion software as the “largest and most sophisticated attack ever” as further details of the attack emerge. Smith (pictured) made the comments on an interview on CBSNews’ “60 Minutes” Sunday night while also disclosing that Microsoft had assigned 500 engineers to investigate ...

The French National Agency for the Security of Information Systems has publicly attributed a range of attacks that targeted multiple information technology providers in France to Russia’s Sandworm group. A technical report released in late January by the agency, also known as ANSSI, details a campaign that ran from 2017 to 2020. It exploited a ...