Singapore-based gaming and e-commerce startup Sea Ltd., formerly known as Garena, Friday filed for an initial public offering of shares on the New York Stock Exchange. Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. International plc and Credit Suisse Securities (USA) L.L.C. are acting as joint book runners for the IPO. Although the number of shares ...

SAP SE announced plans Sunday to acquire Gigya Inc., an Israeli startup that offers a customer identity and access management platform. The price of the acquisition was not formally disclosed, but it’s not small: Reuters reported Israeli media as saying that deal was done for about $350 million. Founded in 2006, Gigya offers its platform on ...

The rise of ransomware as a service is fueling attacks worldwide by hackers looking to make a quick buck, according to a new research report. The research, undertaken by the Carbon Black Inc. Threat Analysis Unit analyzed more than 1,000 ransomware samples and found that attackers are looking to make quick, easy money by using unsophisticated malware ...

Grid+, a project from Consensus Systems Inc. that’s looking to build an Ethereum blockchain-based peer-to-peer trading platform for renewable energy, has raised $40 million in a presale for its forthcoming initial coin offering. The concept involves bringing together two different parts of power generation into the one tradable platform, both existing corporate renewable electricity generators ...

The compromise of popular free security tool CCleaner disclosed earlier this week has taken an interesting twist as security researchers have discovered that the attack targeted major tech companies and may have even been state-sponsored. The specific attack, triggered as a second-stage loader that is activated after the initial infection, targeted 20 tech firms, including ...

The U.S. Securities and Exchange Commission disclosed Wednesday that its internal systems had been compromised, with hackers using the stolen data to partake in insider trading. The hack, which took place in 2016 but was only detected in August, involved the EDGAR SEC corporate reporting network that contained information ranging from statements on mergers and acquisitions, ...

A new variant of the infamous Locky ransomware has been detected in the wild rapidly infecting computers in a massive new phishing campaign, according to newly published research. Barracuda Networks Inc. made the initial discovery, saying in a blog post that it has seen roughly 20 million of attacks using the new Locky variant as of Tuesday ...

In a bizarre turn of events, consumer credit reporting agency Equifax Inc. has publicly suggested that those affected by its huge hacking should visit a fake site for further information. The recommendation to visit the fake site came via a series of tweets on the official Equifax Twitter account. The tweets directed those affected to the fake site ...

Tesla Inc. has teamed up with Advanced Micro Devices Inc. to design a custom-made chip dedicated to artificial intelligence processing in self-driving cars, according to a report published Wednesday. CNBC, quoting sources, claimed that the progress toward building a custom Tesla AI chip had reached the car maker, which has received back “samples of the first ...

Avril Lavigne may have peaked in popularity during the early parts of the 2000s, but the Sk8terboi singer remains highly popular among hackers: She topped McAfee Inc.’s annual list of the Most Dangerous Celebrities, a list that indexes celebrity-themed malicious websites. The list, now in its 11th year, indexes malicious websites using celebrities to attract web browsers ...