Verizon Communications, Inc. owned AOL has acquired virtual reality and 360-degree video company RYOT Corp. The price of the acquisition was not officially disclosed but is reported to be between $10-$15 million. Founded in 2012, RYOT describes itself as a vertically-integrated, for-purpose media company and news platform that “engages and activates millennials” (whatever that means) ...

The European Union (EU) has sent Google a formal “Statement of Objections” that outlines a case that they believe the search giant has breached EU antitrust law over the way they distribute the Android mobile operating system. In the complaint, the European Commission (the executive body of the EU) claims that Google is abusing its ...

Do you want to play a game? You may know those words from the movie Saw but unfortunately the Billy the Puppet is back by way of newly discovered ransomware. Dubbed JIGSAW or BitcoinBlackmailer.exe, the ransomware distinguishes itself from traditional forms of ransomware by setting a very tight deadline for Bitcoin ransom payment, and to ...

Yahoo, Inc. posted its first quarter results Tuesday and while they actually beat market expectations, they still indicated a business in serious decline. According to the numbers, Yahoo delivered revenue of $1.087 billion and earnings per share of $0.08 for the quarter, down from $1.226 billion or $0.15 cents per share for the same quarter ...

Google, Inc. has released its second annual Android Security Report, revealing that although there are compromised Android devices out there, the number is not only small, but decreasing. The report details that Google now scans a remarkable 6 billion installed applications per day for malware and other potentially harmful apps, and protects users from network-based ...

Apple has announced an update to its ultra small 12-inch MacBook laptop line with the machines getting well deserved hardware upgrades, as well as a new color. The updated MacBook will ship with sixth-generation dual-core Intel Core M processors up to 1.3 GHz, with Turbo Boost speeds up to 3.1 GHz, and faster 1866 MHz memory. ...

Indian Bitcoin exchange Coinsecure (Secure Bitcoin Traders Pvt. Ltd.) has raised $1.2 million Series A in an “ongoing round” where those providing the funding were not named. Founded in 2014, Coinsecure is aiming to build “the Bitcoin and Blockchain Ecosystem in India.” The company offers a range of products including a Bitcoin trading exchange, a ...

Software-as-a-Service (SaaS) events management firm Cvent, Inc. has been acquired by Vista Equity Partners LLC for $1.65 billion. Under the deal, Cvent stockholders will receive $36 in cash per share, a premium of about 69 percent over Cvent’s closing price on April 15, according to Bloomberg. Founded in 1999, Cvent offers a cloud-based enterprise event management ...

On-demand streaming service provider Netflix, Inc. has posted record growth figures for the first quarter, but the company predicted slowing growth in the quarter ahead. According to the numbers, Netflix added a record 6.74 million subscribers in Q1, ahead of their own projection of 6 million, pushing its total subscriber base to 81.5 million. The ...

Verizon Communications and Hearst Corp have jointly acquired millennial-focused pop culture publisher Complex Media, Inc. Terms of the deal were not disclosed. Founded in 2002, Complex self-describes as one of the fastest growing networks of sites focused on American popular culture from entertainment news, sneakers and hip hop music to food, fashion, sports, and technology, ...