It may be the end of an era for Japanese electronics firm Sony Corp. with the company saying it would spin off its loss making video and audio units. The news came Wednesday from Sony CEO Kazuo Hirai, who said the company would no longer pursue sales growth in divisions where it has suffered heavy competition, such ...

Canadian Bitcoin exchange CAVIRTEX (161243 Alberta Inc.) has announced it is shutting down after being hacked. The company didn’t come out and admit to being hacked however, but instead said in a statement on its site that “on February 15, 2015 we found reason to believe that an older version of our database, including 2FA ...

Blog aggregator Notey has raised a $1.6 million seed round from individual investors Steve Kirsch (Founder of Infoseek, OneID and CoinTrust), Hugo Barra (VP International, Xiaomi) and Ryan Holmes (CEO and Founder of Hootsuite). Based in Hong Kong, Notey aims to deliver “a window to the blogosphere” and offers something that’s roughly a cross between Feedly ...

Samsung Co. Ltd.’s latest flagship model the Galaxy S6 may come with wireless charging when it’s launched next month at the Mobile World Congress (MWC.) Samsung engineer Seho Park took to Samsung’s Official Global Blog to talk wireless charging, complete with the history of the technology behind wireless charging, and naturally Samsung’s involvement its development. The post ...

Snapchat Inc. is reported to be seeking a new round (Series E) on a $16-$19 billion valuation as another report claims it may be interested in acquiring Taylor Swift’s record company. Bloomberg claims that the popular self-destructing photo sharing app maker is seeking $500 million from the round. Snapchat’s last round of $485.6 million was ...

A new report from security software provider Kaspersky Lab has found that a group they’ve dubbed “Equation Group” has been hiding spying software deep within hard drives made by leading manufacturers including Seagate and Western Digital, in an attempt to eavesdrop on the majority of computers worldwide. Kaspersky said it found the spyware in computers across 30 ...

Short form news startup News in Shorts has raised $4 million Series A in a round led by Tiger Global Management that included Lee Fixel, Rebright Partners, Binny Bansal and Sachin Bansal. News is Shorts, despite its name, doesn’t imply that the founders aren’t wearing long pants versus offering a fascinating, primarily mobile app-focused startup that delivers the latest ...

Infosys International Inc. has acquired enterprise resource planning (ERP) provider Panaya Ltd. for $200 million. Menlo Park, CA-based Panaya applies “big data analytics” to enterprise apps including SAP, Oracle E-Business Suite, Salesforce and others that allows customers to know “what will break, how to fix it, and what to test – before making any changes.” Their ...

Chinese Bitcoin exchange BTER.com claimed Sunday that its exchange had been targeted by a major hack that had seen it lose 7170 Bitcoins, currently valued at $1.66 million. The exchange ceased trading and suspended all Bitcoin wallets, saying in a statement on its site that: 7170 BTC got stolen from our cold wallet in this transaction: ...

When many think bank robberies they may think of balaclava-wearing crooks with shot guns terrorising bank employees, but in 2015 bank robbery is a far more subtle affair involving multi-national crime gangs hacking into bank systems using malware. In a report to be published Monday, security firm Kaspersky details malware attacks that have stolen at least ...