Security software maker Symantec Corp. has acquired identity theft protection firm LifeLock Inc. for $2.3 billion. The deal equates to $24 a share for LifeLock stock, 16 percent above its closing price on Friday. Founded in 2005, LifeLock offers identity theft monitoring services that helps customers detect suspicious uses of their identity information to get loans, ...

Blockchain-based card payment systems may be coming to retail banking in 2017 following a successful trial of such a system in the United Kingdom this week. The system is based on technology from SETL Development Ltd. in conjunction with Deloitte Touche Tohmatsu Ltd.’s blockchain ID platform and Metro Bank PLC, which provided a connected client ...

Elon Musk’s Space Exploration Technologies Corp., better known as SpaceX, has filed paperwork with the Federal Communications Commission to launch a staggering 4,425 satellites into space. The satellites, first announced in January 2015, would be launched into low earth orbit and will provide speedier Internet access than is available from current satellites, which are at ...

A group of bitcoin companies has joined together to launch the Bitcoin Development Grant, a $1.2 million grant fund for bitcoin protocol development. The fund will be used to support teams working on bitcoin protocol development, foster greater diversity of innovation and, according to the grant page, improve freedom of choice for bitcoin users. It’s led ...

Google Inc. senior security engineer Darren Bilby isn’t a fan of antivirus software, telling a conference in New Zealand that more time should be spent on more meaningful defenses such as whitelisting applications. Speaking at the Kiwicon hacking conference, Bilby said that antivirus apps are simply ineffective and the security world should concentrate its efforts ...

There has been talk about training eagles to take down drones on purpose, but in at least one place, eagles are taking down drones all of their own volition. Near Kambalda, a remote gold mining town in Western Australia, gold miner Gold Fields Ltd. has now lost nine drones to attacks by Australian wedge-tailed eagles. The drones themselves ...

How easy is it to break into a sleeping personal computer? All you need is a tiny $5 Raspberry Pi computer and freely available software, according to a disclosure from hacker Samy Kamkar. Called PoisonTap, the hack works by tricking a locked computer into thinking the Raspberry Pi and software, connected by USB port, is ...

Fresh from its acquisition of audio and connected car device maker Harman International Industries Inc. for $8 billion, Samsung Electronics Co. Ltd. has made another acquisition in the form of NewNet Communication Technologies (Canada) Inc., a division of NewNet Communication Technologies BV that operates a Rich Communications Services business. Rich Communications Services, often referred to simply ...

Snap Inc. has confidentially filed for an initial public offering, according to a report published Tuesday. Reuters quotes sources familiar with the situation as saying that along with the confidential IPO filing, Snap could go public as soon as March on a valuation of$20 billion to $25 billion, making it the largest IPO since Alibaba Group ...

Project management Software as a Service company Mavenlink Inc. has raised $39 million in a Series D round led by Goldman Sachs. Founded in 2008, Mavenlink offers software and services for advanced project management, task collaboration, resource allocation, work management and professional services. The company claims to offer services that transform how businesses work with distributed ...