Smartphone sales have stagnated over the past few years and even started to decline as newly released phones struggle to provide any great leap forward in functionality and design. Then along came foldable phones in the first half of this year — but as it turns out, making them is hard and Huawei Electronics Co. Ltd. ...

Some 700,000 customer records belonging to Choice Hotels International Inc. have been stolen and those behind the data theft are demanding a ransom payment of 0.4 bitcoin ($4,142) to delete their copy. In a twist of a traditional failure to secure an online database story, those behind the data theft, revealed today, did not hack ...

Ripple Labs Inc.’s investment subsidiary Xpring today announced a grant of 1 billion Ripple XRP cryptocurrency worth about $264 million into Coil Technologies Inc., a provider of micropayments for content providers. The funding will be used by Coil to promote its adoption of XRP and the Interledger Protocol. Founded in 2018, Coil is attempting to change ...

Data analytics startup Incorta Inc. today said it has raised $30 million in new funding to expand its headcount, invest in further product development, deepen relationships with the major public cloud providers and reduce operational costs. The Series C round was led by Sorenson Capital with existing investors including GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft ...

The price of bitcoin looked set to drop below the important $10,000 mark in trading Wednesday as the cryptocurrency loses most of it gains made since the beginning of the month. Bitcoin was trading at $10,043.19 as of 10:45 p.m. EDT, down 5.5% over the last 24 hours and well down from its monthly high of $11,972.61 on Aug. ...

Employees of Huawei Electronics Co. Ltd. have assisted governments in at least two African countries of spying on political opponents, the Wall Street Journal said today in an exclusive investigation. The report, which did not find collusion between Huawei and the Chinese government in the alleged spying activity nor found that Huawei itself was aware of the ...

Information technology services firm Presidio Inc. is going private two years after its initial public offering as the company’s board accepted a $2.1 billion all-cash acquisition offer from private equity firm BC Partners. The deal values Presidio shares at $16 each, a 21% premium over the company’s previous closing price of $13.19 Tuesday. The price ...

Paige A. Thompson, the alleged hacker behind the theft of more than 100 million customer records from Capital One Financial Corp., may have stolen data from more than 30 other companies and organizations, according to a court filing made public today. The allegations came via the Department of Justice, which said in the filing that the theft of ...

A new aggressive form of cryptomining malware has been discovered in a midsized company with features that alarmed those who discovered it. Detailed today by the Varonis Security Research team, the cryptomining malware dubbed “Norman” uses various techniques to hide and avoid discovery. It also deploys an interactive “web shell” that may open the door to subsequent malware infections ...

The U.S. Securities and Exchange Commission has launched a investigation into a data breach on the website of First American Financial Corp. that exposed 885 million personal and financial records dating back to 2003. The news today came from security researcher Brian Krebs who first reported the data breach in May. The data breach related to how documents ...