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Apps

Grocery delivery startup Instacart picks up $100M at $13.8B valuation

By Maria Deutscher Jul 3, 2020

After seeing customer orders on its grocery delivery platform surge more than sixfold in May, Instacart Inc. today said that it has raised $100 million at a $13.8 billion valuation. The investment was first…

Infra

Intel makes $250M bet on Indian mobile carrier Jio

By Maria Deutscher Jul 3, 2020

Intel Corp.’s venture arm is making an investment worth about $250 million in India’s largest mobile carrier, Jio Platforms Limited. Intel said on Thursday that the deal will buy it a 0.39% stake, which…

Emerging Tech

Mark Roberge’s different view of tech company investment pays off in a crisis

By Dave Vellante with Mark Albertson Jul 3, 2020

In the business world, an unpredictable event with potentially severe consequences is known as a “black swan.” One tech investment firm – Sequoia Capital – characterized the COVID-19 global pandemic as precisely this kind…

Apps

Facebook CEO Mark Zuckerberg doesn’t think ad boycott will change anything

By James Farrell Jul 2, 2020

Facebook Inc. Chief Executive Mark Zuckerberg isn’t overly concerned about the advertising boycott and doesn’t believe anything is going to change in the long run, according to a report published by The Information today. More than 500…

Security

Customer data from fitness firm V Shred exposed on misconfigured cloud storage

By Duncan Riley Jul 2, 2020

Data relating to at least 99,000 customers of fitness company V Shred LLC has been exposed online in yet another case of misconfigured cloud storage. Discovered by security researchers Noam Rotem and Ran Locar at…

Security

Ransomware targeting MongoDB databases threatens to report victims for GDPR breach

By Duncan Riley Jul 2, 2020

An unknown hacker has targeted 22,900 MongoDB databases in a ransomware attack that threatens to report victims to authorities for breaching the European Union General Data Protection Regulation if they don’t pay up. The…

Blockchain

Vulnerability in some popular bitcoin wallets can be exploited to commit fraud

By Duncan Riley Jul 2, 2020

A newly discovered vulnerability in some popular bitcoin wallets can be exploited by scammers to commit fraud and even make the wallets themselves unusable. Discovered by wallet startup ZenGo and revealed today, the vulnerability,…

Apps

Facebook discloses it exposed inactive-user data to developers

By Duncan Riley Jul 2, 2020

Facebook Inc. today revealed that it exposed inactive-user data to developers in yet another potential data-sharing scandal for the social media giant. The new incident involves about 5,000 app developers having access to user…

Policy

Privacy advocates urge closer scrutiny of Google’s Fitbit acquisition

By Mike Wheatley Jul 2, 2020

Google LLC’s proposed $2.1 billion acquisition of wearable fitness tracker device company Fitbit Inc. is coming under more scrutiny after several consumer advocacy groups from around the world joined forces to demand a closer…

Cloud

VMware buys Blue Medora’s True Visibility business unit

By Mike Wheatley Jul 2, 2020

Software virtualization giant VMware Inc. today announced its second acquisition in as many days, saying it intends to buy the team and technology behind Blue Medora Inc.’s True Visibility Suite. The idea with the acquisition…

explore news

Grocery delivery startup Instacart picks up $100M at $13.8B valuation

Intel makes $250M bet on Indian mobile carrier Jio

Mark Roberge’s different view of tech company investment pays off in a crisis

Facebook CEO Mark Zuckerberg doesn’t think ad boycott will change anything

Customer data from fitness firm V Shred exposed on misconfigured cloud storage

Vulnerability in some popular bitcoin wallets can be exploited to commit fraud

Facebook discloses it exposed inactive-user data to developers

Privacy advocates urge closer scrutiny of Google’s Fitbit acquisition

VMware buys Blue Medora’s True Visibility business unit

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