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Security

Despite earnings and revenue beats, BlackBerry shares drop on outlook miss

By Duncan Riley Dec 20, 2023

Shares in BlackBerry Ltd. dropped nearly 2% in late trading today after the company missed estimates for its outlook, even though it reported earnings and revenue beats in its fiscal third quarter. For the…

AI

UK Supreme Court rules AI systems can’t patent their inventions

By Maria Deutscher Dec 20, 2023

The Supreme Court of the United Kingdom today ruled that an artificial intelligence can’t receive a patient for an invention it has created without human assistance. The judgment concludes a legal case launched in 2019…

Security

ALPHV claims to reactivate ransomware data leak website after FBI-led takedown

By Maria Deutscher Dec 20, 2023

ALPHV, one of the most active ransomware-as-a-service gangs in the world, on Tuesday claimed to have regained control of a malicious website that the FBI took down earlier that day. ALPHV sells ransomware that…

Security

Cybersecurity simulation firm SimSpace raises $45M to help companies prepare for attacks

By Kyt Dotson Dec 20, 2023

U.S.-based military-grade cybersecurity firm SimSpace Corp. said Tuesday that it has secured $45 million in new funding in an equity raise led by L2 Point Management, a private investment firm, to support the growth of its…

AI

Researchers find child sexual abuse images in LAION-5B AI training dataset

By Maria Deutscher Dec 20, 2023

Researchers have found child sexual abuse material in LAION-5B, an open-source artificial intelligence training dataset used to build image generation models. The discovery was made by the Stanford Internet Observatory, or SIO, which detailed its…

AI

Harvey raises $80M to build generative AI for legal professionals

By Kyt Dotson Dec 20, 2023

Harvey AI, a generative artificial intelligence startup focused on the legal profession, announced Tuesday that it has secured a $80 million Series B funding round that raised the company’s valuation to $715 million. The funding round…

Security

Secure by design: A blueprint for the future of cybersecurity

By Chad Wilson Dec 20, 2023

The shield of transparency has emerged as an invaluable asset in the world of cybersecurity, especially as digital connections and cyber threats continue to increase significantly. Organizations must work collaboratively to promote transparency, reduce…

Security

IoT security startup Phosphorus raises $27M for research and development

By Duncan Riley Dec 20, 2023

Internet of things security startup Phosphorus Cybersecurity Inc. today announced that it has raised $27 million in new funding to expand its research and development and market outreach for its so-called Cyber-Physical Systems Protection Platform. Founded in…

Apps

Rise of continuation funds and longer hold periods forecast for private equity in 2024

By Duncan Riley Dec 20, 2023

Private equity investments into startups in 2024 are predicted to see significant strategic shifts, including the rise of continuation funds, longer holding periods due to the challenging exit environment, and an increase in founder-owned…

Policy

FTC calls pharmacy Rite Aid ‘reckless’ after facial recognition use in stores

By James Farrell Dec 19, 2023

The Federal Trade Commission today announced a settlement with the pharmacy chain Rite Aid that will include a five-year ban on the company using artificial intelligence-powered facial recognition technology. The FTC said Rite Aid…

the latest

Despite earnings and revenue beats, BlackBerry shares drop on outlook miss

UK Supreme Court rules AI systems can’t patent their inventions

ALPHV claims to reactivate ransomware data leak website after FBI-led takedown

Cybersecurity simulation firm SimSpace raises $45M to help companies prepare for attacks

Researchers find child sexual abuse images in LAION-5B AI training dataset

Harvey raises $80M to build generative AI for legal professionals

Secure by design: A blueprint for the future of cybersecurity

IoT security startup Phosphorus raises $27M for research and development

Rise of continuation funds and longer hold periods forecast for private equity in 2024

FTC calls pharmacy Rite Aid ‘reckless’ after facial recognition use in stores

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