British communications company TalkTalk Telecom Group PLC has experienced a serious data breach with the alleged hackers behind the hack demanding a ransom in Bitcoin. The breaches (there were remarkably three over 8 months) were first disclosed Friday and are believed to involve data for some 4 million customers, including credit card and bank account ...

A somewhat common concept that has gripped the tech startup scene in recent years is the idea that you build a startup without any clear idea how you’re going to make money from it, then presuming you’re not acquired in the meantime you eventually work out how to monetize it after you’ve built up the ...

Virtual reality (VR) game startup Playful Corp. has raised $25 million Series B in a round from a number of undisclosed investors. Founded in 2012 by Words with Friends co-creator Paul Bettner, Playful has as its primary aim to develop games for the Facebook, Inc. owned Oculus Rift. The company has a long (as much ...

In a big win for the Bitcoin and cryptocurrency sector, Europe’s highest court has ruled that the likes of Bitcoin should be exempt from value-added tax (VAT) and treated like any other currency The European Union’s Court of Justice ruled on a case that considered whether purchasing Bitcoin is similar to purchasing a service that ...

Google, Inc. backed augmented reality startup Magic Leap, Inc. is set to raise a new round, at least according to one report Thursday. According to an exclusive from the South Florida Business Journal the company is set to raise $1 billion Series C on a $4.5 billion valuation, more than double the valuation of its ...

Alphabet, Inc., the company once know as Google, but is now the parent company of Google the search business versus say the self-driving car project (hopefully that’s clear) has reported third quarter results for Google (the division that is) and despite the corporate restructure they came in glowingly. For the quarter ending September 2015, Google ...

Amazon.com, Inc wowed Wall Street Thursday with the company reporting third quarter financial results that didn’t just beat market expectations but blew them away. The company reported $25.4 billion on a profit of 17 cents per share for the period, versus the now possibly poorly regarded average analyst prediction of a loss of 13 cents ...

A new report from security firm Bit9 + Carbon Black, Inc. has found the perception that Apple’s Mac range of computers are safe from viruses is incorrect with 2015 said to be the worst year ever for OS X malware. The report came from a 10-week analysis conducted by the company that demonstrated in 2015 ...

Piss-take: “an unpleasant situation that is comparable to a parody.” Wikitionary. In what has to be one of the biggest jokes in recent history, Twitter Chief Executive Office Jack Dorsey is appealing to developers to return to the service, despite the fact the company literally burned all previous developers it worked with several years back. ...

Western Digital Corp. has acquired rival SanDisk Corp. for a whopping $19 billion. According to The Wall Street Journal, the deal values SanDisk at $86.50 a share, a 15% premium over Tuesday’s close; of note SanDisk traded at less than $60 a share earlier this month before rumors of a possible sale started doing the ...