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 ...

International Business Machines Corp. today denied a report that claims it has greatly scaled back its blockchain unit and laid off the majority of the unit’s staff. The report, from Ian Allison at Coindesk referencing “four people similar with the situation,” said IBM has cut its blockchain team down to almost nothing after failing to ...

Robinhood Market Inc. today said it has raised an additional $2.4 billion on top of the $1 billion it raised last week to give it enough capital to survive the frenzy in retail trading that started with the mass buying of GameStop Corp. shares. The new funding was led by Ribbit Capital and included existing investors ICONIQ ...

Google LLC today announced it’s shutting down its Stadia game development studio in a possible sign that all is not well with its cloud gaming service. Stadia, announced in March 2019, allows users to stream games through Google’s data centers, negating the need to have high-end hardware and allowing users to play high-end games on ...

A newly discovered vulnerability in Microsoft Azure Functions can allow an attacker to escalate privileges and escape the Azure Functions Docker container to the Docker host. Azure Functions, Microsoft Corp.’s equivalent to Amazon Web Services Inc.’s Lambda service, is a serverless computing service launched in 2016. It allows users to establish automated action triggers in response ...

United States Cellular Corp., the country’s fourth-largest wireless carrier, has been hacked with customer information stolen. The hack came to light through a Jan. 21 disclosure to the Office of the Vermont Attorney General that said a “data security incident” was detected Jan. 6. A letter to customers states that a “few employees in retail stores ...

Cryptocurrency exchange Coinbase Global Inc. today announced that it plans to go public via a direct listing some six weeks after disclosing that it has filed its initial public offering paperwork with the U.S. Securities and Exchange Commission. Direct listings have the advantage of allowing companies to go public by simply listing existing shares for sale ...

Facebook Inc. is preparing to file an antitrust lawsuit against Apple Inc. for alleged anticompetitive behavior, according to a report today by The Information. The report, which cites anonymous sources, said the antitrust lawsuit, should it go ahead, will allege that Apple is forcing developers to follow App Store rules that Apple’s own apps do not have ...

Cloud backup startup OwnBackup Ltd., a firm centered on Salesforce.com Inc.’s platform, today said it has raised $167.5 million in new funding to support ongoing investments in global expansion and extend its platform to help companies secure their software as a service data. The Series D round was co-led by Insight Partners, Salesforce Ventures and Sapphire Ventures, ...