Content delivery network startup Fastly Inc. today said it has raised a late-stage funding round of $40 million as it heads to a likely initial public offering next year. The Series F round was led by Deutsche Telekom Capital Partners and included Sozo Ventures, Swisscom Ventures and unnamed existing investors. The money is planned to be used to allow ...

Nine months out from a likely launch date, the rumor mill has started on Samsung Electronics Co. Ltd.’s next flagship Galaxy S10 — and after disappointing S9 sales, it’s looking like it might be a winner. The spec rumors come from well-regarded analyst Ming-Chi Kuo, who claims the S10 will come in three different models: ...

Coinbase Inc. said Friday that it was looking at adding support for five new cryptocurrencies to its exchange service as it continues to grow its service into more obscure coins and tokens. The company, the leading cryptocurrency exchange in the U.S. market, occasionally considers adding support from new cryptocurrencies from time to time. But after ...

A woman who ran a trading operation that offered bitcoins for sale in return for cash has been sentenced to 366 days in prison on money laundering charges. Theresa Lynn Tetley, a 50-year-old former stockbroker from Southern California, was alleged to offer cash for bitcoins under the name of “Bitcoin Maven” via the Localbitcoins.com peer-to-peer ...

A failure to protect online data has resulted in the exposure of approximately 200,000 protected health information records from Arkansas-based practice cloud management software provider Medevole LLC. The data breach involved Medevole leaving a backup database of customer data from Premier Immediate Medical Care LLC, a healthcare provider with outlets in Pennsylvania and Delaware, on an FTP ...

The U.S. Department of Justice today lodged an appeal against a ruling by a District Court judge June 12 that overruled an earlier ban against AT&T Inc.’s $85 billion acquisition of Time Warner Inc. In the notice of appeal lodged with the Court of Appeals, the Justice Department did not specify the grounds for the appeal. But it ...

Microsoft Corp. is taking the good fight to Slack Technologies Inc. with the launch of a free version of its Teams workplace collaboration service. The new introductory tier, the first time Microsoft has offered a free version of Teams since launching the product in March 2017, not only competes head-to-head with Slack but some features actually ...

Venture capital flowing into technology companies continued at record highs in the second quarter as two reports said the U.S. tech market is at highs it hasn’t seen since the dot-com bubble of the late 1990s. The numbers come from both the 2018 PitchBook-NVCA Venture Monitor and the PwC/CBInsights MoneyTree Report. Though varying slightly on ...

Browser company Opera Ltd. is trying to sex itself up prior to its initial public offering later this year, tapping into the cryptocurrency market by bundling an Ethereum wallet with its latest browser. The built-in Ethereum wallet is being offered via the latest version of the Opera browser for Android. The company claims it combines easy-to-use crypto ...

Self-driving car technology startup Pony.ai has raised an additional $102 million in an extension of its $112 million round in January to accelerate expansion into low- and medium-volume autonomous vehicle deployment. The additional money from the Series A1 round came from Green Pine Capital Partners, CMC Capital, Redpoint Ventures China, Hong Kong businessman Adrian Cheng and Delong Capital. ...