Payment technology company Stripe Inc. announced today that it has raised an additional $600 million in new funding as an extension of its Series G round from September to accelerate its international expansion, grow its product suite and extend its enterprise capabilities. The extension on the round was on the same terms, with a valuation previously reported to ...

The Libra Association, the group set up to manage Facebook Inc.’s proposed cryptocurrency today announced that its original proposal for Libra is no more. Instead, it plans to launch a number of currency-backed stablecoins. Such plans were first reported March 3, but Facebook at the time denied the plan. Six weeks later, that’s exactly what has ...

Free stock-trading app maker Robinhood Market Inc. is close to raising $250 million in new funding on an $8 billion valuation, according to sources reported today by Bloomberg. The new round, which would be the company’s Series E, is said to be being led by SoftBank Group Corp. Robinhood last raised funding — $323 million in July ...

Australian financial technology company Airwallex Pty Ltd. has raised $160 million in new funding to accelerate worldwide growth in Europe, the U.S. and new markets as well as to expand its product lineup and make acquisitions. The Series D round was led by ANZi Ventures and Salesforce Ventures and included DST Global, Tencent, Sequoia Capital China, Hillhouse ...

Videoconferencing service Houseparty is claiming it has gotten 50 million sign-ups in the past month thanks to the COVID-19 pandemic and is also claiming to be the No. 1 app in 82 countries. Owned by Fortnite maker Epic Games Inc. through subsidiary Life on Air Inc., Houseparty was little-known before coronavirus. But now average conversation ...

Security researchers at AT&T Alien Labs have uncovered a vulnerability in Slack Inc. that can be used to phish users. The discovery, announced today, involves exploiting Slack Incoming Webhooks. Designed as a simple way to post messages from apps into Slack, Incoming Webhooks offers a unique URL in which an app can send a JSON ...

Despite reports in March that those in the hacking community were encouraging others to not take advantage of the COVID-19 pandemic, the number of cyberattacks has continued to rise, according to new research from Palo Alto Networks Inc.’s Unit 42. The researchers found that COVID-19-themed attacks, particularly phishing attacks, continue to surge. The company said ...

Microsoft Corp. today announced it has patched a range of vulnerabilities in its monthly security release, including two critical vulnerabilities discovered March 23 that were being exploited by hackers. The two remote code execution vulnerabilities are found in the Adobe Type Manager Library (atmfd.dll) that’s used by Windows to render PostScript Type 1 fonts inside ...

Venture capital investments in the first quarter of 2020 stayed strong, but with the COVID-19 pandemic causing economic chaos, investment levels are likely to weaken for the rest of the year. That’s according to the quarterly PitchBook-NVCA Venture Monitor report released today. For the quarter ending March 31 there were 2,298 venture capital deals totaling $34.2 billion. Those figures are ...

WordPress sites using the popular WooCommerce plugin are being targeted by credit card skimming code, the first time that Magecart-like attacks have been discovered targeting the content management system. Discovered late last week by security researcher Ben Martin at Sucuri, the attacks involve the injection of JavaScript to steal both the credit card number and card security ...