The price of bitcoin surged to its highest level in three years today in a rally that some are suggesting will surpass the run-up in 2017. The recent surge coincided with the U.S. presidential election, but bitcoin started to climb before that, trading at $11.406.06 on Oct. 17. Although bitcoin has not surpassed its record high of ...

Machine learning automation startup DataRobot Inc. said today it has raised $270 million in new funding on a $2.7 billion valuation in what the company describes as “pre-IPO funding,” suggesting that it has plans to go public in the near future. The Series F round was led by Altimeter Capital and included T. Rowe Price, BlackRock, Tiger Global, Silver Lake ...

Business risk intelligence startup Flashpoint today said it has acquired security automation provider CRFT Inc. for an undisclosed price. Founded in 2019, CRFT offers no-code automation for security teams of all sizes to automate everyday tasks without custom software development or outside consultants. The service is designed to assist security teams focus on strategic and proactive efforts ...

Microsoft Corp. today announced a new range of features for its popular Teams service that are designed to provide an enhanced user experience. Topping the list is support for 21 new Teams apps for meetings that integrate third-party support for external services and existing Microsoft services. The 21 new Teams apps for meetings include support for Asana Inc., ...

Shares in Palo Alto Networks Inc. hit a record high today after the company beat first-quarter earnings estimates. For the quarter ended Oct. 31, Palo Alto Networks reported revenue rose 23%, to $946 million, from a year ago. Adjusted earnings excluding share-based compensation expenses and other items came in at $1.62 a share versus $1.05 a share a year ...

Airbnb Inc. today finally released details for its initial public offering a year after it first said that it was planning to go public in 2020 and three months after it confidentially filed for the listing with the U.S. Securities and Exchange Commission. With no surprise given the months of speculation, Airbnb reported that it had been hit hard ...

Data relating to some 27.7 million Texas drivers has been exposed online and stolen from an unsecured database belonging to insurance company Vertafore Inc. The databases were left online between March 11 and Aug. 1 and included names, dates of birth, addresses and vehicle registration histories. According to the company last week, the data was exposed when ...

Some 46 million records stolen from children’s gaming service Animal Jam have found its way onto the dark web following a hack of the company in October. Animal Jam is a popular online virtual world created by WildWorks Inc. with more than 130 million users catering to children between the ages of four and eight. ...

A recent ransomware attack targeting furniture maker Steelcase Inc. caused the company to shut down operations for two weeks, according to information the company submitted to the U.S. Securities and Exchange Commission. In the SEC filing today, Steelcase said it detected a cyberattack on its information technology systems Oct. 22. The company said it implemented a series ...

December is shaping up to be a busy month for tech-related initial public offerings, with Airbnb Inc. likely to be joined by DoorDash Inc., Roblox, Wish and Affirm according to reports today. Airbnb was reported to be releasing its IPO details for a December listing this week according to a report Nov. 5. Speculation around when the ...