Bitcoin and blockchain startup Circle Internet Financial Inc. is looking to raise an additional $250 million in funding ahead of possible initial public offering, according to a report published Saturday. The Information claimed that the round will consist of equity and debt financing and will be used to expand its operations and product offerings. The decision to raise additional ...

Cryptocurrency exchange Kraken is offering a $100,000 reward for information about the location of $190 million in crypto and regular currency from failed Canadian exchange QuadrigaCX. QuadrigaCX closed its doors at the end of January, claiming that its 30-year-old founder Gerald Cotten had died of Crohn’s Disease while in India and that he was the only person who had ...

Application security startup Contrast Security Inc. has raised $65 million in late-stage funding to accelerate technology development and help its international expansion. The Series D round was led by Warburg Pincus and included participation from previous investors Battery Ventures, General Catalyst, M12 (Microsoft), AXA Venture Partners and Acero Capital. Founded in 2014, Contrast Security offers “self-protecting” security software designed to protect ...

Silicon Valley self-driving car technology startup Drive.ai is apparently on the market and looking for a buyer, according to an unconfirmed report. The Information reported today that the firm has hired investment bank Jefferies as an adviser and in recent weeks told bigger rivals it is interested in selling. Founded in 2015 by former lab partners from Stanford University’s Artificial Intelligence ...

Uber Technologies Inc. is said to be in advanced talks to acquire Middle Eastern ride-hailing startup Careem Networks FZ, according to a report published Thursday. Bloomberg reported today that the two companies may announce a cash-and-shares transaction that values Careem at about $3 billion in the coming weeks. But it notes that negotiations “are ongoing and no final agreements have ...

Amazon.com Inc. today announced that it no longer will sell Dash buttons, the single-item press-to-order devices they first launched in 2015. The physical Amazon Dash buttons were roughly the size of a packet of gum and allowed users simply to press the button to order the item tied to it. The idea behind them was ...

Another day, another data exposure on a misconfigured Amazon Web Services Inc. server instance. The latest one, however, involved an especially high-profile company: Dow Jones & Co. A list maintained by Dow Jones, owned by News Corp. since 2007, was found by security researcher Bob Diachenko and announced Wednesday. He found an exposed Dow Jones database on ...

Figure Technologies Inc., a home equity financial technology startup that uses blockchain tech to facilitate loans, today said it has raised $65 million in new funding to bolster its product offering and  growth. The Series B round was led by RPM Ventures and partners from DST Global and included Ribbit Capital, DCM, DCG, Nimble Ventures, ...

Coinhive, the in-browser cryptocurrency mining service that is loved by hackers, is closing down. Launched in 2017, Coinhive offers code that website owners can insert into their pages that forces visitors to mine for Monero, a cryptocurrency popular with hackers given its privacy features. The company initially pitched the service as an alternative to advertising. ...

Apple Inc. is laying off 190 staff members who were working on its “Project Titan” self-driving car development project, confirming reports first published Jan. 24. The exact number of layoffs came via a filing Apple lodged today with the California Employment Development Department. The staff to be cut are housed in two Apple offices: Santa Clara and ...