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Security

Botnet targeting Electrum wallet grows to 150,000 with $4.6M stolen so far

By Duncan Riley Apr 30, 2019

A botnet used to target the Electrum bitcoin wallet network is continuing to grow as researchers say it surpassed 150,000 at its peak with even more cryptocurrency now stolen from users. The botnet targeting…

Security

Data stolen from IT firm that works with Oracle, SAP and others

By Duncan Riley Apr 30, 2019

A German information technology firm that works with some of the world’s largest companies was hacked and then blackmailed, according to a report by Motherboard. The company hacked, Citycomp GmbH, provides multivendor maintenance and infrastructure…

Cloud

Twilio’s revenue shoots up 80% as it easily beats targets

By Mike Wheatley Apr 30, 2019

Cloud communications services company Twilio Inc. is back on track after beating its first-quarter profit and revenue targets. The company, which disappointed investors in the last quarter with its poor full year guidance, reported…

Cloud

VMware’s new deal with Microsoft signals move from headwinds to tailwinds

By Mark Albertson Apr 30, 2019

When the chief executives of Microsoft Corp., Dell Technologies Inc. and VMware Inc. found themselves onstage together Monday in Las Vegas, it was not the first time their paths had crossed, despite many years…

Blockchain

AWS opens the doors of its managed blockchain service to the public

By Duncan Riley Apr 30, 2019

After releasing two blockchain services in preview in November, Amazon Web Services Inc. today announced the general availability of Amazon Managed Blockchain. A fully managed service, Amazon Managed Blockchain allows customers to set up a blockchain…

Infra

AMD enjoys a solid start to the year with strong earnings

By Mike Wheatley Apr 30, 2019

Computer chipmaker Advanced Micro Devices Inc. delivered solid if unspectacular first-quarter financial results that beat expectations even though sales fell sharply from a year ago. AMD reported earnings before certain costs such as stock…

Apps

Apple’s growing services revenue helps offset iPhone sales decline

By Mike Wheatley Apr 30, 2019

Apple Inc. executives were all smiles today after the company posted second-quarter financial results that beat expectations, partly as a result of its growing services revenue. Nonetheless, the company saw its revenue and profit decline…

Blockchain

Bitfinex admits to dipping into Tether reserve funds to cover loss

By Duncan Riley Apr 30, 2019

In a surprising turn of events, cryptocurrency exchange Bitfinex has admitted that it borrowed funds from Tether to cover an $850 million loss, meaning that the so-called stablecoin is no longer 100% backed by U.S.…

Infra

Managing the API army invading every corner of tech

By R. Danes Apr 30, 2019

Application program interfaces are nifty enablers of modern information technology and digital business. They allow for the integration of multicloud computing environments, and for apps to easily beam data to countless others. Companies can even monetize…

Cloud

Latest product releases from Dell have a distinctly VMware flavor

By Mark Albertson Apr 30, 2019

Dell Technologies Inc. unveiled a host of new product announcements today at the Dell Technologies World event in Las Vegas, leaving it for analysts to dissect the technologies supporting them. VMware’s impact on the…

the latest

Botnet targeting Electrum wallet grows to 150,000 with $4.6M stolen so far

Data stolen from IT firm that works with Oracle, SAP and others

VMware’s new deal with Microsoft signals move from headwinds to tailwinds

AMD enjoys a solid start to the year with strong earnings

Bitfinex admits to dipping into Tether reserve funds to cover loss

Latest product releases from Dell have a distinctly VMware flavor

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