The cyber cold war between the U.S. and Russia continues to heat up, with accusations flying that both countries have either hacked or are seeking to hack each others’ power grids. On both sides, each country, either directly or through state-sponsored hackers, is allegedly attempting to insert malware into networks that, if triggered, could bring ...

Financial technology-focused startup Spring Labs Inc. has raised $23 million in new funding to assist it in developing its blockchain-based network. The Series A round was led by GreatPoint Ventures and included August Capital, General Motors Ventures, RRE Ventures, Galaxy Digital, Multicoin Capital, The Pritzker Group and CardWorks. Founded in 2016, Spring Labs is developing the Spring Protocol, a ...

Shares in Israel-based freelancer marketplace Fiverr Inc. defied expectations in its initial public offering today on the New York Stock Exchange, closing their first day up 90%. Fiverr’s stock debuted at $26, up from its initial offering price of $21 per share and never looked back, closing regular trading at $39.90, up 90%. The good news ...

Facebook Inc.’s new cryptocurrency is set to launch next week with a slew of major backers, according to a new report today from The Wall Street Journal. The report said the cryptocurrency will debut with support from Mastercard Inc., Visa Inc., PayPal Holdings Inc. and Uber Technologies Inc. along with support for about a dozen other ...

Security ratings firm SecurityScorecard Inc. has raised $50 million in a late-stage funding round in a bid to expand globally. The Series D round was led by Riverwood Capital and included Evolution Equity, Intel Capital, Two Sigma, AXA Ventures and Accomplice. The new funding brings the total the company has raised to $110 million. Previous rounds ...

Popular encrypted messaging app Telegram was briefly offline Wednesday after it was targeted by a powerful distributed denial-of-service attack, possibly related to current protests in Hong Kong. The attack took the service, which has an estimated 200 million users, offline for at least an hour but possibly longer, according to some reports. Telegram did not ...

Uber Technologies Inc.’s aerial ambitions are moving up. The company today announced that it will start testing drone deliveries in San Diego and Uber Air services in Melbourne, Australia. Give that the drone technology is far more advanced, testing of that service will arrive first. Package delivery is expected to take to San Diego skies this ...

Bird Rides Inc. has officially acquired e-scooter sharing startup Scoot Networks Inc., the two companies announced today. The terms of the acquisition were not disclosed. Scoot had raised about $47 million, with its last round valuing it at $71 million. Investors in the company include Mahindra Partners, Vision Ridge Capital Partners, Black Green Capital, Krillion ...

Israeli cloud cybersecurity startup Orca Security emerged from stealth mode today with a $6.5 million seed round from YL Ventures to allow it to develop its full-stack visibility security platform. Founded by former Check Point Software Technologies Ltd. Chief Technologist Avi Shua and Gil Geron, former director for Cyber Security Gateway and Cloud Products (pictured) the startup ...

Israeli enterprise autonomous cybersecurity training platform startup CybeReady Learning Solutions Ltd. today said it has raised $5 million in funding and announced its entry into the North American market. The funding, its first after bootstrapping operations in Europe for four years, came from Baseline Ventures. The funding will be used to support immediate opportunities to drive North America business growth ...