Mac users are immune to being held ransom no longer with news at the weekend that the first ransomware has been discovered in software designed for Apple, Inc.’s OS X operating system. Dubbed “KeRanger” by Palo Alto Networks, Inc., the security firm that discovered it, the ransomware was distributed with open-source BitTorrent client Transmission and ...

A pastor who accepted bribes from the founders of disgraced Bitcoin exchange Coin.mx to allow them to take over his credit union has been indicted by Federal officials. Trevon Gross, the pastor and former chairman of the Helping Other People Excel Federal Credit Union of Jackson, New Jersey, was charged with receiving payments to let operators ...

Privately held media services agency Horizon Media, Inc. has released the results of a survey of consumer interest in virtual reality devices, and despite the massive hype around the market, the results were extremely sobering. The headline figure from the survey, which polled 3,000 people reflective of the United States population, found that a full ...

IBM has announced the launch of the first app to run on its Watson Health Cloud. Created in association with the American Sleep Apnea Association (ASAA) the “SleepHealth” app, available for the iPhone and Apple Watch, identifies connections between sleep habits and health outcomes as part of a study by the same name that is attempting to ...

Messaging app maker Snapchat, Inc. has raised an additional $175 million from Fidelity Investments in an extension of its Series F round from May 2015. According to The Wall Street Journal the valuation remained at $16 billion, the exact same valuation used when Snapchat raised its last round of $650 million. The Journal makes the ...

Bitcoin mining firm Genesis Mining, Inc. has announced the launch of what is claimed to be the world’s first Bitcoin mining fund. The Logos Fund will cater to high net worth individuals, investment funds, and accredited investors looking to take part in the rapidly growing Bitcoin ecosystem, and will operate as a Securities and Exchange ...

Police in Brazil have released a Senior Facebook Executive arrested over a dispute regarding a court order to produce data from its WhatsApp messaging service. Facebook Vice President for Latin America Diego Dzodan was released following a Sergipe State court decision by judge Ruy Pinheiro, who considered the detention of Diego Dzodan in Sao Paulo ...

Enterprise messaging platform provider Slack Technologies, Inc.is said to be looking to raise a new round on a $4 billion valuation, according to multiple reports Wednesday. The Wall Street Journal reports that the company is looking to raise $150 million, however, Bloomberg Business says that they are looking for between $150 million to $300 million. ...

Alphabet, Inc. Chief Executive Officer Eric Schmidt is going to Washington to chair a new advisory group for the Department of Defense (DoD). Called the “Defense Innovation Advisory Board,” the new board is said to be an effort to enhance DoD’s culture, organization, and processes by tapping innovators from the private sector, in Silicon Valley ...

Cloud-based email management firm Mimecast Ltd. is set to preview an email security cloud service designed to protect customers from the growing threat from spear-phishing email attack where company officers are impersonated, also known by names including CEO Fraud, Business Email Compromise or whaling. The new service, going by the name of the Impersonation Protect, ...