Cisco Systems, Inc. has confirmed that the alleged hacking of a group tied to the National Security Agency (NSA) is real, by issuing a security warning in response to a tool being offered by the hackers that could compromise a number of its products. The hack, undertaken by a hacker or hackers known as “The ...

Xiaomi, Inc., the Chinese phone manufacturer often called the Apple of China, has lost its gloss, with new figures showing that its sales have started to plummet. According to a new report from International Data Corporation (IDC), Xiaomi sales slid in China by 38 percent in the second quarter to a 9.5 percent market share ...

Investment in bitcoin and blockchain related companies is surging, with a new study published Tuesday finally putting a figure to the investment boom. According to Juniper Research, venture capital investment into bitcoin and blockchain companies came in at $290 million for the first six months of the calendar year, with over 30 startups receiving funding ...

Intel Corp. has entered the burgeoning virtual reality (VR) space with Project Alloy, an all-in-one wireless VR headset. Project Alloy delivers what Intel describes as new immersive experiences due to the company’s RealSense technologies that are optimize for VR usage, including most notably, compared to its competitors such as the Oculus Rift and HTC Vive, ...

Bankrupt social justice warrior blog network Gawker Media, Inc. has been acquired by Spanish-language media company Univision Communications, Inc. for $135 million. In acquiring Gawker Media, Univision outbid publishing company Ziff Davis LLC, who had offered the lower figure of $90 million to buy the blog network. Founded in 2002, Gawker Media was one of ...

A hacker or hackers going by the name of “The Shadow Brokers” is claiming to have hacked a group linked to the National Security Agency (NSA) and are offering their tools for sale on the dark web. The Shadow Brokers claim to have hacked the Equation Group, a hacking group believed to be linked to ...

Fulfilling a promise made nearly 12 months ago, Microsoft has finally delivered a virtual reality version of popular block-building game Minecraft for the Oculus Rift headset. The new Oculus Rift virtual reality-friendly version of Minecraft comes by way of a new free update to Minecraft: Windows 10 Edition beta, and will deliver what the company describes as ...

Snapchat Inc. is said to be close to finalizing a deal to acquire mobile search and discovery app maker Vurb (Verbify, Inc.), according to an unconfirmed report Monday. The Information (firewall) claims the deal is priced at $110 million plus additional team retention payouts totaling “nearly as much;” 75 percent of the acquisition would be ...

Apple, Inc. is expected to launch three new iPads in 2017, including a new 10.5-inch iPad Pro, according to a report released Monday. Noted Apple analyst Ming-Chi Kuo from KGI Securities made the claim in a note to investors, saying that Apple would deliver a 12.9-inch iPad Pro 2, a 10.5-inch iPad Pro and a ...

Ridesharing service provider Lyft, Inc. rejected an acquisition offer from car maker General Motors , Inc. in the last few weeks, according to a report at the weekend. According to The Information, Lyft is said to have briefly considered the offer given that it came after their hiring of Qatalyst Partners LP, an investment bank known ...