About 20,000 payment card records from eight cities across the U.S. have been compromised through a breach of Click2Gov, a popular municipal payments system last compromised in 2018. Discovered by security researchers at Gemini Advisory LLC, which revealed the details late last week, the breach involved some of the same cities compromised the last time: Pocatello, Idaho, and ...

Israeli chatbot startup Servicefriend has been acquired by Facebook Inc. to help it provide customer service for its forthcoming Libra cryptocurrency and related Calibra digital wallet service. The news was first reported Saturday by TechCrunch. Facebook neither confirmed nor denied the acquisition, saying in a canned statement reminiscent of Apple Inc. that “we acquire smaller tech companies ...

Controversial WeWork Chief Executive Officer Adam Neumann may be on his way out of the company he co-founded amid reports that the directors of parent company We Co. are meeting Monday to discuss his future. Dismay around Neumann’s tenure is said to be widespread. Support to oust him comes from leading investors, according to CNBC, which reported that SoftBank Group CEO ...

The U.S. Securities and Exchange Commission today filed a lawsuit against ICOBox, a company that provides services to other companies undertaking initial coin offerings, and founder Nikolay Evdokimov for breaching securities laws. The lawsuit claims that ICOBox breached securities law when it raised $14.6 million in its own ICO in 2017 by failing to register the offering ...

Huawei Technologies Co. Ltd. launched its flagship Mate 30 phones today at an event in Munich, Germany, and as expected the phones are the first releases from the company that don’t include official Google LLC apps. The ban on Google apps was revealed in August when Google executives said that the latest 90-day reprieve on U.S. ...

Airbnb Inc. is finally going public. The online accommodation marketplace said today it expects to become a publicly traded company during 2020. The press release was made pursuant to securities law and gave no details about the exact timing of the IPO or its size. But it came a day after the company published an update on its ...

Payment technology company Stripe Inc. said today it has raised $250 million in new funding to accelerate its international expansion, grow its product suite and extend its enterprise capabilities. The Series G round included Sequoia Capital, General Catalyst and Andreessen Horowitz, along with a number of other unnamed investors. The round was raised on a valuation of ...

The infamous WannaCry ransomware that was thrust into the public spotlight in May 2017 is not only still around but also still targeting more computers than ever. The finding comes today from a report from security firm Sophos Group plc, which have found that two years on, modified WannaCry variants are still causing headaches for information ...

Cybersecurity solutions startup Acronis International GmbH today became the latest tech unicorn. The company raised $147 million in new funding to allow it to expand its headcount, accelerate its business growth in North America, build additional data centers and to grow through acquisitions. The round was led by Goldman Sachs on a valuation of “over $1 billion,” the ...

The California Consumer Privacy Act of 2018, California’s answer to the European Union General Data Protection Regulation, is set to take effect Jan. 1 as the law today finally passed a legislative review process with only a small number of amendments last week. The changes to the law include AB25, an amendment that protects employee ...