Dropbox Inc. today launched a new desktop app complete with a new look in an attempt to expand its appeal to a broader audience. The new app includes Dropbox Spaces, a smart workplace that is not cloud storage alone. It comes with new collaborative working features that allow for shared team work spaces that connect ...

Bitcoin suffered its biggest drop in 20 months Tuesday, plunging to its lowest price since June as a drop below the major support level of $9,000 triggered a wave of selling. Starting 24 hours ago at around $9,700, bitcoin dropped to a low of $8,019.73 at 3:45 p.m. EDT according to Coindesk’s bitcoin price tracker although on ...

A spear-phishing campaign targeting U.S. utility companies is larger than previously thought and continues to operate, according to a new report Monday from security firm Proofpoint Inc. The campaign, dubbed LookBack when it was discovered in August, involves targeting utility company employees with spear-phishing emails, which pretend to be from a certification test administrator. The emails include a ...

Artificial intelligence startup Fiddler Labs Inc. said today it has raised $10.2 million in new funding to build out its AI Engine. The Series A round was led by Lightspeed Venture Partners and Lux Capital and included Haystack Ventures and Bloomberg Beta. Founded last October by Krishna Gade (pictured, right), formerly an engineer manager at ...

Vista Equity Partners has acquired a majority stake in Acquia Inc., a Boston-based provider of services for sites running the Drupal content management framework. The purchase price for the deal, announced today, was not disclosed, but TechCrunch pegged it at an even $1 billion. The deal is said to provide Acquia with operational expertise to accelerate ...

Cryptocurrency startup Bakkt LLC, founded by New York Stock Exchange owner Intercontinental Exchange Inc. finally debuted its much-anticipated bitcoin futures offering Sunday with a decidedly underwhelming response. It its first 24 hours of trading, Bakkt managed to sell only two daily futures contracts and 71 monthly futures contracts. As Coindesk noted today, the first daily contract didn’t even ...

Troubled startup Kik Interactive Inc. is shutting down its core messaging service as it battles the U.S. Securities and Exchange Commission over its $98 million initial coin offering in 2017. The SEC sued Kik over its Kin token raise in June, claiming that the company illegally sold the tokens to U.S. investors without registering the ...

Social networking giant Facebook Inc. has acquired neural interface startup CTRL-labs, an East Coast startup that reads brain signals, for an undisclosed price. Bloomberg, quoting people familiar with the matter, today pegged the acquisition price as $500 million to $1 billion. At either end of the estimated price, it’s a nice cash-out for investors, which ...

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 ...