In a day of red ink as markets retreated from record highs, tech stocks took a massive hammering Wednesday, in some cases more so than the rest of the market. CNBC claimed this was the worst day for tech stocks since August 2011. The plunge was led, at least among the broad tech giants, by Amazon.com ...

Troubled phone maker Essential Technologies Inc., the company founded by Android creator Andy Rubin, is apparently taking another stab at producing something people want to buy in the form of an artificially intelligent smartphone. Having canceled plans for a second smartphone release in May, a report from Bloomberg claimed, Essential is now all-in on a “new ...

Apple Inc.’s long-rumored Netflix-like video subscription service is closer to fruition with a surprising twist, as a new report claimed the core service will be free for Apple device owners. CNBC, quoting people familiar with the matter, claimed the digital video service will marry original content and subscription services from legacy media companies with owners of ...

Bloomberg made fresh claims in its ongoing China spy chips story today, while others continued to cast doubt on the veracity of the claims. Bloomberg first published a report on Oct. 4 that claimed China had inserted tiny spying devices in various forms of technology such as data center servers, including those used by Amazon.com Inc. and ...

Navionics srl a socio unico, a division of Garmin Ltd. that offers marine navigation services, is the latest to suffer from a data breach, exposing the records of more than 260,000 customers. The data, discovered by security researcher Bob Diachenko, were left open to all and sundry on an unsecured MongoDB database and was indexed by the Shodan ...

Top Silicon Valley and Asian investors have backed a new cryptofund promising to bridge the gap between East and West to the tune of $100 million. Called Dragonfly Capital Partners, the fund was revealed today. Offering investors a single, diversified access point to cryptoassets, it’s led by Alexander Pack, who previously worked on crypto and fund ...

An audit of weapon systems currently under development by the U.S. Department of Defense has found that many are easy to hack. The finding comes via a report from the U.S. Government Accountability Office issued today. The agency, which provides nonpartisan information to Congress, based the report on systems testings of a variety of weapons ...

Microsoft Corp. today rereleased the October Windows 10 update after fixing a bug that deleted files, as it also issued its monthly Patch Tuesday software patches. Windows 10 October 2018/1809 was pulled by Microsoft over the weekend after multiple users reported that the update resulted in the deletion of personal files such as those in Documents ...

Venture capital flowing into technology companies remained strong in the third quarter, according to a latest quarterly PwC/CB Insights MoneyTree report released early Wednesday, but where it’s invested is shifting. The number of deals in the U.S. during the third quarter dropped for the first time since the fourth quarter of 2017, coming in at 1,229 versus ...

DevOps solutions provider Perforce Software Inc. today announced it has acquired Israeli software testing company Perfecto Mobile Ltd. to beef up its mobile and web automation testing service. Although the price of the deal wasn’t disclosed, Globes reported that the deal was priced at $200 million. The same report noted that the acquisition price is down from a valuation ...