Cybersecurity firm Proofpoint Inc. today said it has acquired threat management provider ObserveIT Ltd. for $225 million in an all-cash deal. Founded in 2006, ObserveIT helps organizations identify and eliminate insider threats. The data loss prevention or DLP company does so through a combination of endpoint security and data risk analytics designed to allow security teams to ...

Users of popular online stock trading app Robinhood Market Inc. have allegedly found a glitch that allows them to trade stocks with excess borrowed funds. Dubbed the “infinite money cheat code,” the bug was first detailed on Reddit. Users boasted of how they were using it to fund market positions. One person claimed that he ...

Uber Technologies Inc. posted better-than-expected financial results for its third quarter Monday, issuing a bold statement from Chief Executive Officer Dara Khosrowshahi that the company may be finally profitable by 2021. In the quarter ended Sept. 30, Uber posted a net loss of $1.2 billion, or 68 cents per share, a lower loss than the ...

In a move that has not been well-received in social media and elsewhere, social media giant Facebook Inc. has undertaken a corporate rebranding with a new logo that spells FACEBOOK in upper case. The motivation for the rebranding is claimed by Facebook to make it clearer for people to know what products and apps it ...

Financial management and human capital management software firm Workday Inc. today said it has acquired Scout RFP Inc., a San Francisco-based e-sourcing solutions startup for $540 million in cash. Founded in 2014, Scout RFP offers a sourcing and supplier engagement platform for procurement teams. The company’s platform is aimed at streamlining the procurement process through a unified ...

Cryptocurrency exchange BitMEX has exposed the email addresses of 23,000 customers after sending out an email with the emails of the recipients in the cc: field. The email addresses were exposed when the exchange sent out its weekly newsletter, immediately causing concern among its users given that the emails could be targeted by malicious actors. BitMEX confirmed ...

BlueKeep, a vulnerability found in older versions of Microsoft Corp.’s Remote Desktop Protocol, has been spotted for the first time being used in the wild as part of a new hacking campaign. The campaign was detected via Honeypots, a decoy computer system for detecting hacking campaigns set up to detect a BlueKeep attack by security researcher ...

Airbnb Inc. has banned “party houses” from its service following a shooting at an Airbnb rental on Thursday in Orinda, California, that resulted in the death of five people. The ban, coming ahead of Airbnb’s planned initial public offering in 2020, was announced by Chief Executive Officer Brian Chesky Saturday on Twitter. Chesky said the ban ...

The dedicated foray by Binance, the world’s largest cryptocurrency exchange, into the U.S. market is going well as the company said today that its Binance.US operation is increasing volumes and it announced support for debit cards. Binance entered the U.S. market with a dedicated service Sept. 24 with a platform that offered American citizens no-fee ...

Sites belonging to Web.com Group Inc., including Network Solutions, have been compromised with potentially millions of customer records stolen. The data breach was detected Oct. 16 and included customer information on Web.com, NetworkSolutions.com and Register.com. The data included names, addresses, phone numbers, email addresses and information about the services used by each user but did not ...