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Blockchain

Crypto finance startup Matrixport raises $100M at over $1B valuation

By Kyt Dotson Aug 2, 2021

Matrixport, crypto banking and financial services startup spinoff from Bitmain Technologies Ltd., announced today that it has raised $100 million in funding at over $1 billion valuation led by partners of DST Global, C…

AI

Nvidia launches Base Command Platform to provide cloud access to accelerated AI computing resources

By Mike Wheatley Aug 2, 2021

Nvidia Corp.’s previously announced Base Command Platform is now being offered to enterprises that need to develop artificial intelligence models using the most powerful supercomputing resources available. Nvidia Base Command was first seen at…

Security

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

By Duncan Riley Aug 2, 2021

A new report into so-called “initial access brokers” from threat intelligence firm Kela Research and Strategy Ltd. has detailed some disturbing trends in the criminal internet underworld and those involved in ransomware endeavors. The…

Apps

Zoom agrees to pay $85M to settle user privacy lawsuit

By Duncan Riley Aug 1, 2021

Zoom Video Communications Inc. has agreed to pay $85 million to settle a lawsuit that accused the company of violating user privacy and allowing others to jump into Zoom calls. The lawsuit alleged that…

Apps

Square to buy Australian ‘buy now, pay later’ provider Afterpay for $29B

By Duncan Riley Aug 1, 2021

Square Inc. today entered an agreement to buy Australian “buy now, pay later” firm Afterpay Ltd. in a deal worth $29 billion. The two companies have entered into a Scheme Implementation Deed under which…

Cloud

The 2021 tech spending boom: Cyber, cloud, hybrid work and data will drive 8% IT budget growth

By Dave Vellante with Erik Bradley Aug 1, 2021

Every chief executive is figuring out the right balance for new hybrid business models. Regardless of the chosen approach, which will vary, technology executives understand they must accelerate digital and build resilience as well…

Apps

Cisco AppDynamics study reveals the risk of getting digital wrong

By Zeus Kerravala Jul 30, 2021

Earlier this month, Cisco’s AppDynamics group released the results of its latest App Attention Index, which measures customer attitudes toward applications and digital services — and unsurprisingly, the study found that consumers reliance on…

Cloud

MoEngage raises $32.5M to optimize enterprises’ marketing operations

By Maria Deutscher Jul 30, 2021

MoEngage Inc., a marketing analytics and automation startup that counts major brands such as Samsung Electronics Co. Ltd. among its customers, has raised $32.5 million in new funding. MoEngage announced the Series C1 round…

Cloud

Here are 5 insights you might have missed from Cisco’s Future Cloud event

By Mark Albertson Jul 30, 2021

In early June, cloud providers, integrators, technology partners with Cisco Systems Inc., and industry analysts came together in a virtual format to discuss what tomorrow’s cloud will be. The discussion, part of “Future Cloud:…

Policy

Amazon ordered to pay $887M fine over data misuse

By Maria Deutscher Jul 30, 2021

Luxembourg’s top privacy watchdog has issued a fine of 746 million euros, or about $887 million, to Amazon.com Inc. over its user data processing practices, the company disclosed in a regulatory filing today. The…

all stories

Crypto finance startup Matrixport raises $100M at over $1B valuation

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

Zoom agrees to pay $85M to settle user privacy lawsuit

Square to buy Australian ‘buy now, pay later’ provider Afterpay for $29B

Cisco AppDynamics study reveals the risk of getting digital wrong

MoEngage raises $32.5M to optimize enterprises’ marketing operations

Here are 5 insights you might have missed from Cisco’s Future Cloud event

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