Duncan Riley
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Fintech startup Addepar Inc., a company that offers a “financial operating system” for investors, has raised $140 million in a late-stage funding round. Founded in 2009, Addepar offers a technology platform whose data-driven service claims to bring “common sense” to the market. According …
Businesses are stockpiling bitcoin to pay ransomware demands
A survey of 500 information technology decision-makers in Britain has found that a significant number of companies are stockpiling bitcoin in anticipation of a ransomware attack. The survey, from the United Kingdom office of Citrix Systems Inc., found that 42 percent of those …
Irish fintech startup Plynk raises $28M to expand its ‘money messaging app’
Irish financial technology startup Plynk Ltd. has raised $28 million in a Series A round that was led by Swiss Privée International Ltd. Founded in 2015, Plynk offers a “money messaging app” that facilitates peer-to-peer payments between its users in a way that removes …
Alphabet’s Project Wing successfully tests drone air traffic management platform
Project Wing, the drone program from Google Inc. parent Alphabet Inc., just hit a new milestone by demonstrating that its air traffic management platform for unmanned aircraft systems works. The successful test revealed Wednesday was part of a set of nationwide tests being …
Zuck hearts Orwell with Facebook webcam spying patent
In a play reminiscent of George Orwell’s “1984,” Facebook Inc. has filed a patent that proposes a method by which it would spy on users through their webcams or smartphone cameras so the social network can better tailor content and advertising. The patent, …
Very naughty boy: 14-year-old in Japan arrested for creating and distributing ransomware
A 14-year-old child in Osaka, Japan, has been arrested for creating and distributing ransomware, the first known arrest in the country for the crime and also potentially the youngest ransomware maker arrested anywhere in the world to date. The unnamed child, who is …
Cybersecurity talent shortage set to hit 3.5M by 2021
If you’re looking for a tech job that will be in abundance in the years ahead, the cybersecurity marketplace will be the ideal place to find one, according to a newly published report on the employment prospects in the sector. The report, …
Kaspersky files antitrust complaint against Microsoft for bundling Windows Defender
In a complaint reminiscent of the battle over the default installation of Internet Explorer nearly 20 years ago, Russian security firm Kaspersky Lab has filed an antitrust complaint against Microsoft Corp. alleging that the bundling of Windows Defender with Windows constitutes unfair competition. In the complaint, …
SEC wins default judgment against GAW Miners and ZenMiner bitcoin mining scams
The long-running case against two bogus bitcoin mining companies has come to an end. The Securities and Exchange Commission finally won a default judgment of $11.38 million in a case that goes back 18 months. GAW Miners and ZenMiner were first alleged by …
In another blow to Uber, Lyft signs self-driving vehicle partnership with nuTonomy
Ride-hailing startup Lyft Inc. has once again boosted its efforts to deploy self-driving vehicles with the announcement of a new partnership with Cambridge, Massachusetts-based self-driving vehicle software maker nuTonomy. The deal, described as a strategic research and development partnership “focused on understanding and …