Duncan Riley
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Google Inc. has shut down a newly discovered form of Android spyware linked to an Israeli company that specializes in “cyberwarfare.” Called “Lipizzan,” the spyware was found to be bundled with 20 apps and is claimed to exfiltrate a user’s email, SMS messages, location, …
Report: Amazon is running a secret skunkworks lab to develop healthcare tech
Amazon.com Inc. wants a slice of the emerging healthcare tech market and has a secret lab working on products in the space, according to a report published Wednesday. CNBC claims that the e-commerce and cloud hosting giant is operating a “secret skunkworks …
Russian bitcoin exchange operator arrested, linked to collapse of Mt. Gox exchange
A Russian man believed to have been the operator of the BTC-e bitcoin exchange has been arrested in Greece on money laundering charges, some of which may relate to stolen funds from failed Japanese bitcoin exchange Mt. Gox. Alexander Vinnik, 38, was arrested …
New Cochlear hearing processor will be Apple-compatible
Australian hearing device maker Cochlear Ltd. has announced a new hearing implant processor that is natively compatible with Apple Inc.’s range of iOS devices such as the iPhone. The newly announced Nucleus 7 Sound Processor, which was approved by the U.S. Food …
Report: Slack is raising a $250M round from Accel and SoftBank at a $5B+ valuation
Slack Technologies Inc. is raising $250 million in a round led by SoftBank Group and Accel Partners, according to a report published Wednesday. Bloomberg, quoting people familiar with the matter, said the round will be raised at a valuation of more than …
Regulator gives green light to LedgerX bitcoin options trading
Legal, regulated bitcoin options trading will soon be a reality after the U.S. Commodity Futures Trading Commission issued an order granting LedgerX LLC registration as a derivatives clearing organization under the Commodity Exchange Act. Founded in 2013, LedgerX already offers a range of services …
Daimler, Sequoia Capital invest in Chinese self-driving car startup Momenta
In another sign of growing interest in self-driving cars, Chinese vehicle technology startup Momenta Tuesday announced it has raised $46 million. The Series B round was led by NIO Capital and included Sequoia Capital, Hillhouse Capital, Shunwei Capital, Sinovation Ventures, Unity Ventures and, most notably, …
Artificial intelligence startup Vicarious raises $50M in new funding
Artificial intelligence startup Vicarious FPC Inc. has raised $50 million in a Series C funding round led by Khosla Ventures. Founded in 2010, Vicarious is developing the “recursive cortical network,” a system that the company claims uses the theorized computational principles of the brain …
SEC rules that initial coin offerings are subject to securities law
The U.S. Securities and Exchange Commission has finally waded into the murky, unregulated world of crowdfunded “initial coin offerings,” ruling Tuesday that cryptocurrency units or “tokens” offered in a recent ICO constituted financial securities and are therefore subject to securities law. The …
Voter registration data offered for sale online
Voter registration data from nine states has been found for sale online, raising serious privacy concerns. The initial finding comes from LookingGlass Cyber Solutions Inc., via a story in Dark Reading Monday. The firm discovered nearly 10 million voter records for sale on a darknet site …