Google LLC warned today that the passwords of some G Suite business customers had been stored in plain text for as long as 14 years. The passwords were stored unhashed, that is unencrypted, in Google internal systems with no suggestion that they may have been accessed, though they were potentially a security risk. The first failure ...

Telecommunications firm Ooma Inc. today said it has acquired cloud-based data and voice solutions provider Broadsmart Global Inc. for $7.4 million. Founded in 2000 and owned by B. Riley Principal Investments, Broadsmart Global is a cloud-based communications provider that claims to provide high value, high quality and increased efficiencies for hosted internet protocol and session initiation protocol/IP trunking for ...

Semiconductor firm Marvell Technology Group Ltd. said Monday it has reached a deal to acquire Avera Semiconductor LLC, the custom-chip business of GlobalFoundries Inc. The acquisition price came in at $650 million up front in cash with a potential earn-out of up to $90 million depending on the company’s performance over the next 15 months. Previously owned ...

The U.S. Department of Homeland Security has issued a warning about security risks pertaining to Chinese made drones. The notice, titled “Chinese Manufactured Unmanned Aircraft Systems,” warns that there are “strong concerns about any technology product that takes American data into the territory of an authoritarian state that permits its intelligence services to have unfettered ...

In yet another case of a misconfigured Amazon Web Services Inc. instance, a database with records of more than 49 million Instagram users, including so-called “influencers,” has been found online exposed to all and sundry. The database, discovered by a security researcher and first reported by TechCrunch, included bio, profile picture, the number of followers the ...

Bitcoin went on a wild roller coaster ride involving billions of dollars in value over the weekend, dropping more than $1,300 at one point until mostly recovering as of Sunday evening. The current ride dates back to bitcoin breaking through $6,000 on May 9, surging again through $7,500 before investors started to take profits May 12. Bitcoin then rose ...

OGusers, a popular forum for trading stolen account credentials, has itself been hacked and details of members were published on another hacking forum. The hack started with an administrator telling users May 12 that a hard drive failure had erased a few months worth of private messages and forums posts, but a backup from January had ...

Salesforce.com Inc. has managed to recover from a database error that saw widespread outages for customers from midday Friday through Saturday morning. The outage had its origin in an update just before 1 p.m. EDT Friday when Salesforce engineers deployed a database script that “inadvertently gave users broader data access than intended,” the company said. That broader ...

Two separate initial coin offerings are alleged to have undertaken exit scams in yet another round of pain for investors. The two ICOs, RepuX and JoyToken, are said to have stolen $4.7 million and $3.3 million from investors respectively according to a report from TNW. RepuX was attempting to raise funds for a “blockchain-backed platform [that] ...

Coinbase Inc. is in advanced talks to acquire old-school bitcoin custody provider Xapo Inc., according to an unconfirmed published Thursday. The Block, quoting unnamed sources, claimed that Coinbase has been locked in a “neck-and-neck race” with Fidelity Digital Assets to acquire Zapo over the past few weeks. Founded in 2012, Xapo was one of the first ...