In a surprise move, mobile payments company Square Inc. has acquired online website Weebly Inc., an online website creator, in a cash and stock deal worth about $365 million. Founded in 2007, Weebly describes itself as a “complete platform that allows anyone to start and grow an online business with curated website templates, powerful e-commerce and integrated ...

Updated: The wave of initial public offerings of technology companies hasn’t crested yet, as two more hit the market Friday — both opening well above their offering price. DocuSign Inc. saw its shares jump more than 35 percent and Smartsheet Inc.’s shares rose more than 20 percent as they began trading Friday morning. They had already ...

Israeli startup Innoviz Technologies Inc., in partnership with investor and auto parts maker Magna International, today said it has signed a deal to supply BMW Group with LiDAR units for BMW’s forthcoming range of autonomous vehicles. The deal is notable because it’s the first big deal for Innoviz since it announced the commercial availability of ...

A newly identified form of cryptomining malware that employs a U.S. National Security Agency vulnerability disclosed last year is causing concern among security experts because it may be a form of attack that could surge in the year ahead. Dubbed PyRoMine by researchers at Fortinet Inc., the new Python-based malware uses EternalRomance, a related exploit to the ExternalBlue exploit ...

Hackers could create a master key that can be used to access electronic locks used by tens of thousands of hotels, putting the security of hotel rooms at risk. Detailed today by Tomi Tuominen and Timo Hirvonen, both researchers at the cybersecurity firm F-Secure, the hack is described as taking just one minute. It involves the creation of ...

Smart speaker and audio tech maker Sonos Inc. has confidentially filed for an initial public offering that could see it float as soon as summer, according to a report published today by the Wall Street Journal. The report, citing people familiar with the process, said Sonos is seeking to raise funds on a valuation of $2.5 billion ...

Twitter Inc. shares dropped Wednesday despite the microblogging service beating market expectations with solid user growth and revenue in its first quarter. For the second quarter in a row, and its second quarter ever, Twitter reported a profit, coming in at $90 million. That’s close to the $91 million it earned in the fourth quarter ...

A new survey out today from Minerva Labs Ltd. has found that a majority of information technology security professionals believe that endpoint security solutions are failing to provide adequate protection against modern security threats. Based on a survey of 600 professionals, the survey found 67 percent were concerned that existing controls won’t prevent a significant malware attack ...

A ransomware attack targeting the website of the Ukraine Energy and Coal Industry Ministry could be a sign of more nefarious attacks ahead, according to security industry experts. The attack, which took place in the early hours of Tuesday morning, involved a message appearing on the website in English demanding a ransom payment in bitcoin in return for a key ...

Unknown hackers managed to hijack domain name servers operated by Amazon Web Services Inc. Tuesday, potentially stealing significant sums of cryptocurrency from popular Ethereum wallet provide MyEtherWallet. The hijack affected 1,300 internet protocol addresses hosted by AWS for approximately two hours from around 7 a.m. EDT, with the attackers redirecting traffic to sites they own ...