Security intelligence and management solutions startup Exabeam Inc. today said it has raised $75 million in new funding to expand sales reach and expedite new product features and configurations. The Series E round was led by Sapphire Ventures and Lightspeed Venture Partners with other existing investors also participating. Founded in 2013, Exabeam provides security intelligence and management solutions. The ...

Financial services firm Fidelity Investments Inc. is set to offer bitcoin exchange services to institutional investors, according to a report published Monday. Bloomberg, referencing a person familiar with the matter, said the service will be available in a few weeks and will be targeted only at institutional customers with no plans for a broader retail ...

A recently detected form of ransomware has been detected rapidly spreading across corporate networks in a new attack that may be related to a recent campaign targeting networks with remote access Trojan viruses. The ransomware, called MegaCortex — a misspelling of the company Neo worked for in the original “The Matrix” movie — was first ...

A Ukranian man has been extradited to the U.S. after being arrested last year in The Netherlands in relation to a massive online malvertising scheme. Oleksii Petrovich Ivanov, 31 was charged in December, but details of his arrest and the allegations against him have only been revealed following his extradition last week. Between October 2013 ...

Google LLC’s annual I/O developer conference starts Tuesday, when it’s expected that the Alphabet Inc.-owned search engine giant will launch a range of new midrange smartphones as well as new “internet of things” devices and a new version of Google Assistant. Leading the list is what’s expected to be the official launch of the Pixel 3a ...

After admitting to raiding the reserves of the Tether stablecoin to cover a stolen $850 million, Bitfinex is now looking to raise $1 billion in a so-called “initial exchange offering.” The news of Bitfinex and Tether’s parent company, iFinex Inc., raising money via an IEO came via Chief Executive Officer Dong Zhao sharing details of the ...

After a purge of adult content that saw its traffic decline by a staggering 100 million views, old-school blogging site Tumblr is now apparently on the market, according to a report published Thursday. The Wall Street Journal, quoting people familiar with the matter, claims that Tumblr’s owner, Verizon Communications Inc. is shopping Tumblr to prospective ...

Was it an exit scam or wasn’t it? That’s the question users of popular “dark web” marketplace Wall Street Market are asking after a statement appeared on the site purportedly from German police claiming that the site had been seized. Wall Street Market, which had become popular after rival Dream Market announced it was closing, first started ...

A little over two months after announcing the second incarnation of its mixed-reality headset, Microsoft Corp. Thursday announced that the developer edition of the headset will be available for sale later this year. Microsoft launched the sequel to the Hololens in February with a pitch that included a complete redesign that not only embraced the ...

China’s leading mobile phone maker, Huawei Technologies Co. Ltd., has set its sights on defeating rival Samsung Electronics Co. Ltd. after confirming its ascent over Apple Inc. in the latest smartphone sales figures. Huawei became the second most popular smartphone maker globally in the second quarter of 2018, and although Apple retook the spot briefly ...