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IoT

Israeli connected-home experience startup Veego raises $13M

By Duncan Riley Aug 24, 2021

Israeli connected-home experience startup Veego Software Ltd. said today it has raised $13 million in new funding to enhance its machine learning models. Magenta Venture Partners led the Series A round. Other investors included State of…

Emerging Tech

Didi suspends European expansion plans amid ongoing drama with Chinese authorities

By Duncan Riley Aug 23, 2021

Chinese ride-hailing giant Didi Global Inc. is reported to have suspended plans to launch in the U.K. and Europe amid its ongoing drama with Chinese authorities. The Telegraph reported today that staff working on the…

Security

State Department reportedly hit by serious cyberattack

By Duncan Riley Aug 23, 2021

The U.S. State Department is said to have been hit by a serious cyberattack that was reported to the Department of Defense Cyber Command, according to Fox Business. The details of the type of attack,…

Blockchain

Hacker behind $600M Poly Network theft returns stolen cryptocurrency

By Duncan Riley Aug 23, 2021

Poly Network, the cross-chain decentralized finance platform provider that had about $600 million in cryptocurrency stolen from it earlier this month, has had all the funds returned. The hack, first reported Aug. 10, involved…

Infra

IBM’s new Telum processor speeds AI inference on-chip to detect fraud in real time

By Mike Wheatley Aug 23, 2021

IBM Corp. showed off a new chip at the Hot Chips event today that can perform deep learning predictions on enterprise workloads in real time to address fraud. The new Telum chip is IBM’s…

Security

Palo Alto Networks’ stock jumps on another solid earnings beat

By Mike Wheatley Aug 23, 2021

Palo Alto Networks Inc. posted impressive revenue growth today, easily beating Wall Street’s fiscal fourth-quarter forecasts and causing its stock to surge in extended trading. The company reported a profit before certain costs such as…

Security

Misconfigured Microsoft Power Apps applications found to expose 38M records

By Maria Deutscher Aug 23, 2021

Misconfigured applications built using Microsoft Corp.’s Power Apps platform made 38 million records publicly available on the open web, according to newly released cybersecurity research. The data leaks were the result of a default…

Blockchain

PayPal expands its cryptocurrency service to the UK

By Kyt Dotson Aug 23, 2021

PayPal Holdings Inc. announced today the launch of a new service that will allow customers in the United Kingdom the ability to buy, hold and sell cryptocurrency within its app. According to the company,…

Cloud

Data service delivery and the cloud experience shape strategic direction for Pure Storage’s Ajay Singh

By Mark Albertson Aug 23, 2021

The reality in 2021 is that IT infrastructure must facilitate digital business strategies. For storage vendors, data sits at the heart of this model, and the challenge becomes delivering solutions that emulate the cloud…

AI

Shelf.io raises $52.5M for its AI-powered enterprise knowledge platform

By Maria Deutscher Aug 23, 2021

Startup Shelf.io today announced that it has raised $52.5 million in funding after quadrupling sales of its enterprise knowledge management platform over the preceding year. Shelf.io, officially Gemshelf Inc., says its platform can help…

explore news

Israeli connected-home experience startup Veego raises $13M

Didi suspends European expansion plans amid ongoing drama with Chinese authorities

State Department reportedly hit by serious cyberattack

Hacker behind $600M Poly Network theft returns stolen cryptocurrency

IBM’s new Telum processor speeds AI inference on-chip to detect fraud in real time

Palo Alto Networks’ stock jumps on another solid earnings beat

Misconfigured Microsoft Power Apps applications found to expose 38M records

PayPal expands its cryptocurrency service to the UK

Shelf.io raises $52.5M for its AI-powered enterprise knowledge platform

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