Duncan Riley
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A new report from SophosLabs released today details a new form of ransomware that has been flying under the radar until now. Dubbed Matrix, the ransomware is unique in that it targets a single machine rather than spreading through an organization like other …
Unknown number of Discover customers affected by data breach
An unknown number of accounts belonging to Discover Financial Services Inc. have been stolen, according to a filing from the company with the State of California. First reported Monday by Bleeping Computer, Discover said in the filing that it had detected a data …
Report: Stripe raises $100M from Tiger Global on $22B valuation
Payment technology company Stripe Inc. is reported to have raised an additional $100 million in funding as it inches toward a possible initial public offering in the next few years. According to a report in The Information today, the funding came from Tiger Global, the …
Judge rejects proposed Yahoo data breach settlement
A judge has rejected a proposed settlement by Yahoo over its 2013 and 2014 data breaches, leaving parent company Verizon Communications Inc. in the soup once again. In the largest hack ever recorded, 3 billion Yahoo accounts were compromised in August 2013. …
Heading toward a public offering, Slack passes 10M daily users
Heading toward a public offering of some sort later this year, Slack Technologies Inc. today announced that it has passed 10 million daily active users. The figure comes five months after the team chat service passed 8 million users and 16 months after …
In first successful initial coin offering of 2019, BitTorrent Token sells out in 13 minutes
Fresh from the news of a surge in parent company TRON’s fortunes, BitTorrent Inc. managed to sell out more than $7 million in tokens in what some are suggesting may be a return of initial coin offerings. BitTorrent Inc., not to be confused with …
Bitcoin stolen in hack of popular trading service LocalBitcoins
Popular peer-to-peer bitcoin trading service LocalBitcoins Oy has been hacked, with about 8 bitcoin stolen. The hack, detailed by the company on Reddit, occurred Saturday and involved an unauthorized source who accessed and sent transactions from a number of affected accounts. “We were able to …
AI programming startup Kite raises $10M to make developers more productive
Artificial intelligence programming startup Kite has raised $10 million in new funding to expand its research-and-development team and build new features to make developers more productive. Announced Monday, the round was led by Trinity Ventures with personal participation from GitHub Chief Executive …
Samsung in talks to acquire Israeli mobile camera startup Corephotonics
Samsung Electronics Co. Ltd. is either in advanced talks to acquire or has acquired Israeli mobile camera technology startup Corephotonics Ltd., according to multiple reports. Reports of the possible acquisition first came Jan. 7 from Globes, with some sites saying the deal has …
Cybersecurity services and investigation firm Nisos raises $6M
Cybersecurity services and investigation firm Nisos Inc. has raised slightly over $6 million in new funding from Columbia Capital. As part of the deal, Jason Booma, a partner at Columbia, has joined Nisos’ board along with David Northington, most recently a managing director …