In a surprise move, Ford Motor Co. today announced it will shut down its commuter shuttle service Chariot because the business isn’t sustainable. The closure will take place on different dates in different locations. The London Chariot service will close Jan. 25, its New York and San Francisco services on Feb. 1 and its enterprise ...

Enterprise cloud financial planning software firm Vena Solutions Inc. said today it has raised $115 million in new funding to scale up its operations. The Series D round was led by JMI Equity and included existing investor Centana Growth Partners. Founded in 2011, Vena offers cloud-based financial planning and analysis software that mixes Excel with a ...

The new year has ushered in a new range of Android malware, as Google LLC was forced to remove 85 nefarious apps uncovered Tuesday by security researchers at Trend Micro Inc. The apps, disguised as 85 game, TV and remote control simulator apps on the Google Play Store, contained a code for a recently discovered ...

The arrest of a U.S. National Security Agency contractor in 2016 over the theft of top-secret documents came about thanks to a tipoff from Russian security firm Kaspersky Lab, according to a new report. Politico, citing two anonymous sources familiar with the investigation, said Kaspersky Lab employees passed information on Harold T. Martin III to ...

Security firm Sophos Group plc today said it has acquired Avid Secure Inc., a San Francisco-based startup that offers artificial intelligence-based cloud security tools. The terms of the deal were not disclosed. Coming into the acquisition, Avid Secure was privately owned and had not raised any venture capital. Founded in 2017, Avid Secure provides an AI-based ...

A 20-year-old student has allegedly confessed to hacking and then publishing private data relating to more than 1,000 German politicians and journalists. The hack first came to light in December when the hacker, using the name G0d, started publishing data, including photos, phone numbers, correspondence and credit card data on a Twitter account that was later ...

Palo Alto, California-based self-driving car startup Aurora Innovation Inc. is in the process of raising a venture capital round of about $500 million on a $2 billion evaluation, according to an unconfirmed report. Recode claimed that the round will be led by legendary Silicon Valley venture capital firm Sequoia Capital and may be one of the firm’s largest ...

Self-driving vehicle delivery firm Udelv Inc. has signed a deal with Wal-Mart Stores Inc. to use the startup’s autonomous cargo vans deliver goods in a pilot project. The pilot program, which will be based in Surprise, Arizona, was announced today alongside Udelv’s unveiling of a redesigned delivery vehicle, the Newton, at the CES consumer electronics show in ...

A small number of Singapore Airlines Ltd. frequent flyer members have had their personal data potentially stolen following a software bug that exposed member data on Jan. 4. The bug was introduced to the website of KrisFlyer, the airline’s frequent flyer program, following an update. It allowed members to view information belonging to other travelers. ...

Car maker Audi AG has spun off its virtual reality division into a new company that has partnered with The Walt Disney Co. to provide in-car VR experiences. Called Holoride GmbH, the company is offering an immersive VR experience synced to the actions of the car the user’s in — fortunately not the driver but ...