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AI

Graphcore raises $222M for its ultrafast AI chips

By Maria Deutscher Dec 29, 2020

Graphcore Inc., a British startup taking on Nvidia Corp. in the artificial intelligence chip market, today said it has closed a hefty $222 million funding round at a unicorn valuation of $2.77 billion. Bristol-based Graphcore…

Security

P2P coverage market provider Cover Protocol hacked but hacker returns stolen funds

By Duncan Riley Dec 28, 2020

Peer-to-peer coverage market provider Cover Protocol has been hacked, but in a twist on a traditional hacking story, the hacker has not only come forward but has also refunded the funds stolen. Cover Protocol…

Blockchain

Coinbase to suspend Ripple XRP trading following SEC lawsuit

By Duncan Riley Dec 28, 2020

Coinbase Inc. today announced that it will suspend trading on Ripple Labs Inc.’s XRP cryptocurrency following a lawsuit filed against Ripple by the U.S. Securities and Exchange Commission alleging that the cryptocurrency is an unregistered…

Cloud

SAP’s Qualtrics files paperwork for an initial public offering in 2021

By Mike Wheatley Dec 28, 2020

SAP SE today filed paperwork with the Securities and Exchange Commission for an initial public offering of its Qualtrics subsidiary that values it at between $20 and $24 per share, or about $12 billion…

Cloud

AWS brings Wavelength Zones to Denver and Seattle via Verizon’s 5G network

By Maria Deutscher Dec 28, 2020

Amazon Web Services Inc. today announced that it has set up two new Wavelength Zones in Denver and Seattle, allowing enterprises to deploy their applications closer to the two cities for projects such as…

Apps

Amazon marks ‘record-breaking’ holiday season with 1.5B+ items shipped

By Maria Deutscher Dec 28, 2020

Amazon.com Inc. kicked off the last week of 2020 this morning by sharing data about its holiday season e-commerce sales and detailing some of the operational changes it has implemented to adjust to the…

Security

Hackers target Livecoin and change cryptocurrency exchange prices

By Duncan Riley Dec 27, 2020

Russian cryptocurrency exchange Livecoin has been hacked, with hackers managing to change the rates of cryptocurrencies traded on the service to earn quick profits. The hack took place over the night of Dec. 23-24.…

Security

VOIP hardware and software maker Sangoma struck by ransomware attack

By Duncan Riley Dec 27, 2020

Canadian voice over IP hardware and software maker Sangoma Technologies Corp. has been struck by a ransomware attack. The company, which offers products such as FreePBX and Switchbox and is also the owner of…

Blockchain

As December rally continues, bitcoin breaks through $28,000

By Duncan Riley Dec 27, 2020

The price of bitcoin hit another new high today as the cryptocurrency continues its record rally in December. Bitcoin, which surged through $20,000 Dec. 16, then $24,000 Dec. 20, hit $28,221.92 at 6:30 a.m.…

Security

HelpSystems acquires data security platform provider Vera Security

By Duncan Riley Dec 24, 2020

IT management software solutions company HelpSystems LLC has acquired data security platform startup Vera Security Inc. for an undisclosed price. Founded in 2014, Vera offers a platform that enables organizations to secure, track and revoke…

explore news

Graphcore raises $222M for its ultrafast AI chips

P2P coverage market provider Cover Protocol hacked but hacker returns stolen funds

Coinbase to suspend Ripple XRP trading following SEC lawsuit

AWS brings Wavelength Zones to Denver and Seattle via Verizon’s 5G network

Amazon marks ‘record-breaking’ holiday season with 1.5B+ items shipped

Hackers target Livecoin and change cryptocurrency exchange prices

VOIP hardware and software maker Sangoma struck by ransomware attack

As December rally continues, bitcoin breaks through $28,000

HelpSystems acquires data security platform provider Vera Security

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