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Security

Huawei employees allegedly helped African governments spy on opponents

By Duncan Riley Aug 14, 2019

Employees of Huawei Electronics Co. Ltd. have assisted governments in at least two African countries of spying on political opponents, the Wall Street Journal said today in an exclusive investigation. The report, which did not find…

Infra

BC Partners acquires IT services firm Presidio for $2.1B

By Duncan Riley Aug 14, 2019

Information technology services firm Presidio Inc. is going private two years after its initial public offering as the company’s board accepted a $2.1 billion all-cash acquisition offer from private equity firm BC Partners. The…

Infra

Cisco falls on poor guidance and plummeting sales in China

By Mike Wheatley Aug 14, 2019

Even after the stock market bloodbath today, networking company Cisco Systems Inc. took even more of a beating later after posting weaker-than-expected guidance in its fourth-quarter earnings report. In the three months just gone, Cisco…

Security

Capital One hacker may have stolen data from 30+ other companies

By Duncan Riley Aug 14, 2019

Paige A. Thompson, the alleged hacker behind the theft of more than 100 million customer records from Capital One Financial Corp., may have stolen data from more than 30 other companies and organizations, according to a court…

Cloud

All in the Dell family: VMware in talks to acquire Pivotal Software

By Mike Wheatley Aug 14, 2019

Pivotal Software Inc. is looking to reunite with its parent company VMware Inc., which spun it out in 2013. The companies, which are both majority-owned by Dell Technologies Inc., said they’re holding talks regarding…

AI

AI, facial-recognition tools help agency find exploited children

By Mark Albertson Aug 14, 2019

Over the past 12 years, more than 49,000 cases of human trafficking in the U.S. have been reported to a hotline that receives an average of 150 calls per day. That’s one of many…

Cloud

Virtual Instruments acquires Metricly to help customers optimize cloud spending

By Mike Wheatley Aug 14, 2019

Infrastructure performance management firm Virtual Instruments Inc. is adding cloud cost optimization to its repertoire of skills through the acquisition today of Metricly Inc. Virtual Instruments provides tools that help companies to understand, manage,…

Apps

Lime reportedly seeking to raise up to $500M in new funding

By Maria Deutscher Aug 14, 2019

A few weeks ago, insiders leaked that Bird Rides Inc. is in the process of raising new funding at a $2.5 billion valuation. Rival scooter and bike sharing unicorn Lime may now be looking…

Security

Insecure biometric database leaks 1M+ individuals’ fingerprint scans

By Maria Deutscher Aug 14, 2019

Researchers have stumbled upon a publicly accessible biometric database that exposed more than a million people’s fingerprints, along with a wealth of other personal data. Cybersecurity experts Noam Rotem and Ran Locar of vpnMentor revealed…

Apps

Co-working behemoth WeWork files for IPO as losses pile up

By Maria Deutscher Aug 14, 2019

WeWork Cos. today published the prospectus for its upcoming initial public offering, revealing a fast-growing top line and mounting losses that will test investors’ enthusiasm for unprofitable tech-related firms. The company rents out shared…

all stories

Huawei employees allegedly helped African governments spy on opponents

BC Partners acquires IT services firm Presidio for $2.1B

Capital One hacker may have stolen data from 30+ other companies

AI, facial-recognition tools help agency find exploited children

Insecure biometric database leaks 1M+ individuals’ fingerprint scans

Co-working behemoth WeWork files for IPO as losses pile up

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