Virtualization and cloud management software maker Turbonomic Inc. has raised $50 million in a late Series E round raised exclusively from General Atlantic LLC. As part of the deal, Gary Reiner, a former chief information officer at General Electric Co. and current operating partner of General Atlantic, will join the company’s board of directors. Founded in 2008, ...

Blockchain, the distributed ledger platform that powers bitcoin, is being used by a startup to power a dating service with a difference. In an effort to disrupt the multi-billion dollar online dating industry, Matchpool is building a blockchain-powered incentive-based community platform that allows anyone to open his or her own dating pool. Described by the company as “Slack ...

A new form of “ransomware-as-a-service” that allows users to customize their campaigns has been discovered on the dark web. Called Satan, as in the prince of darkness, the platform can create a customized ransomware payload that encrypts a victim’s files. Satan users also can customize the amount of ransom they are demanding, with the platform’s creators handling ...

The Chan Zuckerberg Initiative, the philanthropy organization set up by Facebook founder Mark Zuckerberg (pictured) and his wife Priscilla Chan, has acquired Meta Inc., a search engine that uses artificial intelligence to index and find insights across millions of scientific research papers. Founded in 2010, Meta aims to unlock scientific knowledge and accelerate the pace of discovery ...

Barry Silbert‘s Bitcoin Investment Trust is heading to Wall Street, filing initial public offering paperwork with the New York Stock Exchange for Grayscale Investments LLC, a wholly owned subsidiary of Digital Currency Group Inc. KCG Holdings Inc. and Wedbush Securities Inc. are listed as possibly underwriting the IPO, with The Bank of New York Mellon acting ...

Tesla Motors Inc. Chief Executive Elon Musk has announced that the company is committed to upgrading the hardware behind its vehicles every 12 to 18 months. Musk made the announcement via Twitter in response to an owner who was complaining that older-model vehicles are not equipped with the latest sensors or hardware while suggesting that  Tesla should ...

The U.S. Securities and Exchange Commission has launched an investigation into whether Yahoo Inc. should have disclosed a data breach to its investors earlier. According to The Wall Street Journal quoting people familiar with the matter, the SEC opened the investigation in December and has issued requests for documents on the grounds that Yahoo may ...

Tesla Motors Inc. has been cleared by the U.S. National Highway Traffic Safety Administration in its investigation into the fatal car crash of a Tesla driver who was using the company’s autopilot feature. Joshua Brown died in May behind the wheel of his 2015 Model S when neither Tesla’s Autopilot nor Brown himself noticed a tractor-trailer ...

In a sizable show of support for its drone delivery plans, startup Flirtey Inc. has raised $16 million in its initial major venture capital funding. The Series A led by Menlo Ventures and Qualcomm Ventures and included Lowercase Capital, Y Combinator and World Innovation Lab. Founded in 2013, Flirtey is attempting to reinvent the delivery process for humanitarian, online ...

German car maker Daimler AG has acquired PayCash Europe SA, a Luxembourg-based digital payments company that supports bitcoin. Founded in 2012, PayCash describes itself as an “Electronic Money Institution” that services the 28 European Union states with money transfers. Its platform includes a Mobile Payment Solution to offer and process mobile payments, an E-Money Solution to manage E-Money, ...