Shares in online payments company Affirm Holdings Inc. nearly doubled on their public debut on the Nasdaq today as the market for initial public offerings in 2021 appears to be as hot as it was in 2020. Affirm operates in the “buy now, pay later” short-term finance market, a segment of the financial services industry that has ...

Security intelligence firm LogRhythm Inc. announced today it has acquired threat detection startup MistNet.IO Inc. for an undisclosed price. Founded in 2016, MistNet offers a security threat detection and prevention platform that is designed to minimize exposure to cybersecurity risks. The company’s main offering, TensorMist-AI, constructs a geodistributed, meshed data pipeline by combining scale-out data management with ...

A security certificate issued by Mimecast Services Ltd. that’s used to authenticate some of the company’s products with Microsoft Corp. 365 Exchange Web Services has been hacked. The certificate, issued to some Mimecast customers to authenticate Mimecast Sync and Recover, Continuity Monitor and IEP products, was targeted by a “sophisticated threat actor” the company said ...

Information management platform startup M-Files Inc. revealed today that it has raised $80 million in new funding in a round led by Bregal Milestone and including Partech, Tesi and Draper Esprit. Founded in 2001, M-Files offers a next-generation intelligent information management platform that is designed to assist businesses to find and use information more effectively. Using an intelligent, ...

Visa Inc. today abandoned its $5.7 billion acquisition of financial technology startup Plaid Financial Inc. following a lawsuit from the U.S. Department of Justice challenging the deal on antitrust grounds. The deal was announced in January 2020 and the Justice Department was first reported to be investigating the acquisition in October. The probe resulted in the ...

The United Nations has suffered a data breach that exposed the details of more than 100,000 U.N. Environmental Program employees, but in a twist, the breach was uncovered by ethical hackers. The discovery was made and revealed today by ethical hacking and security research group Sakura Samurai, which probed various U.N. databases after discovering that ...

Bakkt LLC, a digital asset startup founded by New York Stock Exchange owner Intercontinental Exchange Inc., today announced plans to go public via a special-purpose acquisition company, the latest startup to take the SPAC route. The plans to go public involve a company listed on the Nasdaq called VPC Impact Acquisition Holdings, a SPAC sponsored ...

Bitcoin has continued its roller coaster ride over the weekend after the price of the cryptocurrency broke through $40,000 for the first time on Friday. Through Friday, bitcoin peaked at $41,528.79, then traded in a range between $39,000 and $41,000 through this morning. Then bitcoin started to head south, dropping as low as $36.985.58 at ...

The Reserve Bank of New Zealand, the country’s central bank, has been hacked and commercially and personally sensitive information is believed to have been stolen. The news of the hack was released Sunday local time and is said to have involved the breach of a third-party file sharing service used by the bank to share ...

Apple Inc.’s electric car plans may be about to get a boost as the company reportedly is close to signing at deal with Hyundai Motor Co. The report, from Korea IT News and picked up by Reuters today, said the partnership deal on electric cars will be signed by March, with production slated to start about ...