A man arrested following the raid of the notorious cybercrime forum Darkode has been sentenced to one year and one day in jail for his activities on the site. Rory Stephen Guidry, 29, of Opelousas, Louisiana, was sentenced on one count of obtaining information by computer from a protected computer after pleading guilty as part ...

Social media has become the primary source for news for the majority of adult Americans, a new study from the Pew Research Center has found. The survey of 4,654 people across nine different social networking sites found that 62 percent got their news from social networking sites, but the split varied depending on which site ...

Up to a dozen banks may have been targeted using malware to steal funds using the The Society for Worldwide Interbank Financial Telecommunication (Swift) platform, as one report claims that North Korea may be behind the attacks. Security firm FireEye, Inc. is said to have been contacted by numerous other banks, including some in New ...

If you’ve ever had a MySpace account it’s time to be concerned, with a revelation that 427 million usernames and passwords have been hacked from the site. LeakedSource, a site that gathers leaked data and places it into a searchable database, claims that the MySpace user information was provided to them by an anonymous user ...

Wearables company Jawbone, Inc. may be coming to its end of days with reports that it is exiting its core businesses in one final attempt to bring a “Hail Mary” medical device to market. The first sign of serious trouble came Friday, when Tech Insider reported that Jawbone has stopped making its UP fitness trackers ...

What do you do if you’re a large technology company with over $200 billion in cash reserves and are looking at ways to spend some of it? If you’re Apple, Inc. you might consider buying Time Warner, Inc, the owner of HBO, CNN and Warner Bros., according to one report Thursday. FT claims that Apple’s ...

Messaging app maker Snapchat, Inc. has raised $1.81 billion in a Series F round, the company disclosed in a financial filing Thursday. The round itself was raised over a full year and included previously disclosed investments including $175 million from Fidelity Investments in March, and its original Series F round from May 2015 which was ...

Intel Corp. has acquired computer vision startup Itseez, Inc. for an undisclosed price. Founded in 2005 and originally known as Computer Vision Center Argus, Itseez develops computer vision algorithms and implementations for embedded and specialized hardware with software that can be used in cars, security systems and other platforms. Computer vision, if you’re not familiar ...

Struggling location data startup Foursquare Labs, Inc. has signed a new deal with Uber, Inc. that will see Uber users being able to book rides without knowing the address of the location they wish to visit. Under the deal, Foursquare is supplying Points of Interest (POI) data to Uber, including the names and locations of restaurants ...

In a long overdue move Google, Inc. is considering shaming smartphone makers and carriers who do not offer users upgrades and security patches to its Android mobile operating system, a report claimed Wednesday. Bloomberg claims that Google will be taking a “carrot and stick” approach to Android phone makers that includes the possibility of publishing ...