On-demand streaming service provider Netflix, Inc. has posted record growth figures for the first quarter, but the company predicted slowing growth in the quarter ahead. According to the numbers, Netflix added a record 6.74 million subscribers in Q1, ahead of their own projection of 6 million, pushing its total subscriber base to 81.5 million. The ...

Verizon Communications and Hearst Corp have jointly acquired millennial-focused pop culture publisher Complex Media, Inc. Terms of the deal were not disclosed. Founded in 2002, Complex self-describes as one of the fastest growing networks of sites focused on American popular culture from entertainment news, sneakers and hip hop music to food, fashion, sports, and technology, ...

Troubled action camera maker GoPro, Inc. has decided it wants a serious slice of the virtual reality (VR) market and has announced that it will unveil new VR cameras and a VR sharing site this week. The main offering is a new VR camera array by the name of the Omni that provides a synchronized ...

Amazon.com, Inc. is beefing up it efforts in the online video streaming market by announcing that customers will be able to subscribe to the video section of its Prime package on a standalone monthly basis. According to The Wall Street Journal, those with no interest in Prime, which offers free 2-day delivery and a range ...

A new form of malware has been discovered that is believed to have stolen more than $4 million from American and Canadian banks, according to research published late last week. Dubbed GozNym by International Business Machine Corp. (IBM) security researchers, the malware is said to be a hybrid version of two previous types of malware ...

Oracle Corp. has acquired Israeli machine-learning Big Data startup Crosswise, Inc. The price of the acquisition was not officially disclosed but is believed to be $50 million, according to local media. Founded in 2013, Crosswise provides an authoritative consumer device map to ad tech vendors, consumer brands, and premium publishers. The company’s platform combines data science, ...

The news of a hack at Bitcoin/ Cyrptocurrency exchange ShapeShift AG has taken a turn for the worse with the discovery that the hack itself was an inside job. According to a new update by ShapeShift Chief Executive Officer Erik Voorhees, the culprit has been identified as someone who had previously worked for the exchange. ...

Uber for kids rides Shuddle, Inc. is no more with the company announcing it would close Friday due to an inability to raise more money to keep the service going. Founded in 2014 at the height of “Uber for X” mania, Shuddle pitched itself as the safe and reliable ride service busy parents had been ...

Microsoft Corp. is taking the good fight against secrecy orders directly to Uncle Sam by suing the Department of Justice over the constitutionality of the existing provision under law. The legal provision, as it currently exists, prevents companies such as Microsoft informing customers when their data has been accessed by a Federal Government agency when ...

Bitcoin and cryptocurrency exchange CoinWallet.co has announced that they will be closing the business effective May 1 following a data breach. According to the closure announcement post, the hack occurred April 6 and involved the person behind the attack inserting bad code in a recently added feature that allowed user input. Encrypted details of user ...