Despite delivering a surprisingly strong fourth quarter, Snapchat app maker Snap Inc. failed to make it two in a row in the first quarter of 2018, reporting mostly declining numbers across the board. In the only positive on its spreadsheet, Snap booked $230 million in revenue for the quarter ending March 31, up 58 percent from the ...

Apple Inc. today announced a solid first quarter of the year on strong iPhone X sales in China, despite various reports that the company may be set to cease production of the model later this year. For the quarter ending March 31, Apple posted revenue of $61.1 billion, up 16 percent from a year ago. Profit per ...

In what could be a workable idea to stifle online crime, Japan is reported to be pressuring local exchanges to drop support for cryptocurrencies favored by cybercriminals. Forbes reported that Japan’s Financial Services Agency is “quietly pressuring” exchanges to give up support for Monero, Zcash, Dash and other cryptocurrencies favored by criminals and hackers “to discourage the use of ...

In what could be described as a case of venture capital funding going full circle, a technology growth fund has in effect undertaken an initial coin offering that has sold tokens to invest in tech firms, a contrast to recent examples of investments in ICO-issuing startups. The Andra Capital LLC “Silicon Valley Coin” is a security-tied token ...

Drone risk assessment startup SkyWatch Insurance Services Inc. has launched what it claims is the world’s first app that combines safe drone use combined with on-demand insurance. The SkyWatch app, available for both iOS and Android combines both a product and service. The safe drone use aspect allows both business and recreation drone operators to ...

Hackers are reported to be targeting Oracle WebLogic server installations after a patch issued for a critical vulnerability earlier this month both disclosed the vulnerability and didn’t fix it properly. The story starts unremarkably, with Oracle offering a patch for the previously undisclosed critical vulnerability CVE-2018-2628 as part of its April patch release. The vulnerability is a ...

A class action lawsuit is being pursued against Bitcoin.com and owner Roger Ver for deceptive practices and potential losses related to the way both the site and Ver have promoted bitcoin spinoff Bitcoin Cash. Bitcoin Cash, or BCH, is a fork, that is a cryptocurrency based on bitcoin that works in a similar fashion to ...

A Michigan man has been sentenced to more than seven years in prison after hacking a prison system to shorten the sentence of an associate. Twenty-seven-year-old Konrads Voits, the not-so-bright criminal mastermind in the story, engaged in a spear-phishing campaign to hack into the Washtenaw County Jail’s computer system between January and March 2017 in an attempt ...

A security researcher has published a proof-of-concept attack that can trigger an infamous “blue screen of death” on the current Microsoft Windows and as far back as version 7. Detailed by Bitdefender’s Marius Tivadar on GitHub, the PoC exploits a vulnerability found in the way that Windows handles NTFS file system images that can be ...

T-Mobile US Inc. and Sprint Corp., the third- and fourth-largest mobile carriers in the U.S., Sunday announced they’ve agreed to merge. Sprint agreed to be acquired by T-Mobile in a $26.6 billion all-stock deal that will see the two companies combine forces to push forward with a rollout of next-generation 5G wireless network technology. Under the ...