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Cloud

Report: Marketing automation giant Mailchimp considering $10B+ sale

By Maria Deutscher Aug 12, 2021

Mailchimp Inc., one of the biggest providers of software-as-a-service digital marketing tools, could reportedly be acquired in a deal worth $10 billion or more. Bloomberg reported the news on Wednesday afternoon, citing sources familiar…

Big Data

Next Pathway automates data validation and testing for cloud app migration

By Mike Wheatley Aug 12, 2021

Next Pathway Inc., a provider of automated cloud migration technologies, has added key data validation and test automation capabilities to its toolbox. The new version of Shift Tester, announced today, works by automatically testing…

Emerging Tech

Tech giants throw weight behind open-source eBPF to make IT infrastructure more intelligent

By Mike Wheatley Aug 12, 2021

A group of big tech firms is backing a new open-source software effort that aims to make the Linux operating system kernel more programmable. Announced today, the move promises to help information technology infrastructure…

Apps

Reddit, ‘front page of the internet,’ to raise up to $700M at $10B valuation

By Kyt Dotson Aug 12, 2021

Reddit Inc. announced today that it plans to raise up to $700 million in a new late-stage funding led by Fidelity Management and Research LLC. The social news and aggregation company told Reuters that…

Emerging Tech

IBM and Verizon announce first testbed for 5G-enabled industry apps

By Mike Wheatley Aug 12, 2021

IBM Corp. and Verizon Communications Inc. are making progress on a partnership announced last year that will see them create 5G-enabled “internet of things” technologies for the industrial sector. The companies announced the launch…

Cloud

Agora raises $33M to automate procurement in the construction industry

By Paul Gillin Aug 12, 2021

Agora Systems Inc., a startup that automates procurement in the construction industry, today announced a $33 million funding round led by Tiger Global Management LLC. The Series B investment round brings the company’s total…

Security

$50M payment demanded from Accenture in ransomware attack

By Duncan Riley Aug 11, 2021

Information technology consulting giant Accenture PLC has been struck by ransomware that resulted in customer data stolen. The attack is believed to have taken place today. The LockBit 2.0 ransomware gang took responsibility, claiming…

Emerging Tech

Self-driving car startup Pony.ai scraps listing plans amid China crackdown

By Duncan Riley Aug 11, 2021

Chinese self-driving car technology startup Pony.ai reportedly has scrapped plans to go public in the U.S. as the Chinese government continues to crack down and regulate various sectors of the country’s economy. Reuters reported today…

Policy

US senators target Google and Apple app store dominance with new bill

By James Farrell Aug 11, 2021

A bill introduced to the Senate today could disrupt the dominance that Google LLC and Apple Inc. have in the app store domain. The bipartisan “Open Apps Market Bill” aims to “promote competition and…

Blockchain

Hacker behind $600M Poly Network cryptocurrency heist starts to return funds

By Duncan Riley Aug 11, 2021

In a strange turn of events, the hacker behind the theft of more than $600 million in cryptocurrency from cross-blockchain decentralized finance platform provider Poly Network has started to return some of the stolen…

the latest

Report: Marketing automation giant Mailchimp considering $10B+ sale

Reddit, ‘front page of the internet,’ to raise up to $700M at $10B valuation

IBM and Verizon announce first testbed for 5G-enabled industry apps

Agora raises $33M to automate procurement in the construction industry

$50M payment demanded from Accenture in ransomware attack

Self-driving car startup Pony.ai scraps listing plans amid China crackdown

US senators target Google and Apple app store dominance with new bill

Hacker behind $600M Poly Network cryptocurrency heist starts to return funds

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