Southeast Asian Uber Technologies Inc. rival GrabTaxi Holdings Pte Ltd. is raising a new round of $1.5 billion, according to a report published late Friday. Bloomberg, quoting people familiar with the matter, claims that the round will be led by Japanese giant SoftBank Group Corp. to the tune of $1 billion but notes that it isn’t clear ...

Games crowdfunding site Fig Publishing Inc. has taken an interesting path in raising money by giving fans and investors the ability to buy shares in forthcoming title “Wasteland 3.” The game, a followup to the successful “Wasteland 2” from inXile Entertainment, has already raised $3.1 million in funding and investment reservations from 17,707 fans, who gave their ...

Bitcoin scams have surged as the cryptocurrency has hit record highs, according to research published Thursday by the security firm ZeroFOX Inc. The research found that along with traditional scams such as phishing attempts and pyramid schemes, new types of financial scams involving bitcoin are actively spreading across social networks. There is a wide array ...

The U.S. Justice Department is reported to be preparing a case that would accuse North Korea of being behind the hacking and subsequent theft of $81 million from Bangladesh’s Central Bank in 2016. First reported in February last year, Bangladesh Bank initially alleged that $100 million had been stolen through unknown parties from their foreign exchange account at the ...

Microsoft Corp. wants a bigger slice of the connected-car market, offering a new program that allows vehicle manufacturers to license the company’s technology in their vehicles. The first to take advantage of the new offering is Japanese auto giant Toyota Motor Corp., which has signed a deal that gives it access to navigation, entertainment and voice recognition technology that ...

A new release from WikiLeaks of Vault7 files has revealed that the Central Intelligence Agency had developed a range of tools to infect Apple products including the iPhone and MacBook line. The files, which cover the period of 2009 through to 2013, include details of a CIA program called “Sonic Screwdriver” which is described as a “mechanism ...

Password security firm LastPass Inc. has issued patches for its Chrome and Firefox plugins after a security researcher at Google Inc. found vulnerabilities that could have allowed attackers to steal users’ passwords or execute malicious code on their computers. Discovered by Google’s Tavis Ormandy, the vulnerabilities could have given attackers access to internal commands inside the LastPass extension, including ...

Latvian police have arrested a man on behalf of the Federal Bureau of Investigation for allegedly defrauding two unnamed U.S. tech firms of $100 million in an email scam. Evaldas Rimasauskas, 48, is alleged to have impersonated an Asian-based manufacturer and managed to persuade employees at the targeted companies, named as being a multinational online ...

Blockchain hosting firm Node40 LLC has released a new product that allows Americans to report their bitcoin profits and losses to the Internal Revenue Service. Called Node40 Balance, the new service is said to set a “new standard in precision and simplicity” as it is able to calculate net gains and losses for every single transaction made throughout a calendar year ...

A new Star Trek-themed malware variant has gone where no ransomware has gone before by demanding a ransom payment in Monero, an up-and-coming cryptocurrency that competes with bitcoin. The “Kirk” ransomware, first discovered by Avast Software s.r.o. malware researcher Jakub Kroustek, is being distributed under the guise of a legitimate “Low Orbital Ion Cannon” tool used for testing ...