Payment processing technology startup Stripe Inc. today launched a new feature that is sure to be popular with its business users: Chargeback Protection. A chargeback is a demand by a credit card provider for a retailer to make good the loss on a fraudulent or disputed transaction. Often a bane of any business that accepts card payment, ...

German semiconductor manufacturer Infineon Technologies AG Monday said it’s acquiring Cypress Semiconductor Corp., a Silicon Valley-based semiconductor design and manufacturing company. Bloomberg, quoting people familiar with the matter, had said Sunday that the deal could be announced as soon as Monday, with the acquisition price coming in at almost $10 billion including debt. On Monday, Infineon ...

Apple Inc.’s annual Worldwide Developer Conference kicks off Monday morning in San Jose, California, and the company isn’t expected to disappoint as it’s likely to debut a range of new products. Leading the pack, Apple’s main focus at WWDC is expected to be iOS 13, the latest incarnation of its mobile operating system. The new ...

Credit card details have been stolen in a point-of-sale hack involving Checkers Drive-In Restaurants Inc., the operator of Checkers and Rally’s restaurants in 28 U.S. states and the District of Columbia. The Tampa, Florida-headquartered company disclosed the hack Wednesday, describing it as a data breach involving 103 locations in 20 states. Without going into great ...

OwnBackup Ltd., which offers a cloud backup service for Salesforce.com Inc. services, today said has raised $23.25 million in new funding. It will be usesd to expand its operations, including deepening its partner network and increasing its headcount in both its engineering and European teams. The Series C round was led by Insight Venture Partners and Vertex Ventures ...

Once-high-profile 3-D motion-control technology startup Leap Motion Inc. is no longer independently owned after being acquired in an apparent fire sale to Ultrahaptics Ltd. for $30 million. Founded in 2010, Leap Motion was a much-hyped software and hardware company developing 3-D motion-control technology for virtual reality and additional platforms. The company’s products were focused on allowing users to interact ...

Updated: Shares in cybersecurity firm Zscaler Inc. dropped in after-hours trading Thursday as the company reported mixed financials, including a larger-than-expected loss. In its fiscal third quarter, Zscaler reported revenue of $79.1 million, up 61% over the same quarter of last year and higher that analyst predictions of revenue of $74.9 million. The increase came off the ...

Updated: Uber Technologies Inc. reported a $1.034 billion loss Thursday as the company presented its first quarterly financial report following its initial public offering. In the first quarter, Uber reported revenue of $3.09 billion, up 20% over the same period of 2018 and slightly ahead of analysts’ predictions of $3.08 billion. Revenue growth was driven by ...

A new report from cybersecurity startup Digital Shadows Ltd. today has found a staggeringly large number of files exposed on the internet. Undertaken by the company’s Photon Research Team, the “Too Much Information: The Sequel” study assessed the scale of inadvertent global data exposure and found 2.3 billion private files exposed across online file stores that should ...

Social magazine service Flipboard Inc. has been hacked, with the details of most but not all of its 150 million registered users stolen. The hack, disclosed Tuesday, was possibly multiple hacks with the company saying that “some of our databases containing certain Flipboard users’ account information” occurred between June 2, 2018, and March 23, 2019, ...