The U.S. Department of Justice today lodged an appeal against a ruling by a District Court judge June 12 that overruled an earlier ban against AT&T Inc.’s $85 billion acquisition of Time Warner Inc. In the notice of appeal lodged with the Court of Appeals, the Justice Department did not specify the grounds for the appeal. But it ...

Microsoft Corp. is taking the good fight to Slack Technologies Inc. with the launch of a free version of its Teams workplace collaboration service. The new introductory tier, the first time Microsoft has offered a free version of Teams since launching the product in March 2017, not only competes head-to-head with Slack but some features actually ...

Venture capital flowing into technology companies continued at record highs in the second quarter as two reports said the U.S. tech market is at highs it hasn’t seen since the dot-com bubble of the late 1990s. The numbers come from both the 2018 PitchBook-NVCA Venture Monitor and the PwC/CBInsights MoneyTree Report. Though varying slightly on ...

Browser company Opera Ltd. is trying to sex itself up prior to its initial public offering later this year, tapping into the cryptocurrency market by bundling an Ethereum wallet with its latest browser. The built-in Ethereum wallet is being offered via the latest version of the Opera browser for Android. The company claims it combines easy-to-use crypto ...

Self-driving car technology startup Pony.ai has raised an additional $102 million in an extension of its $112 million round in January to accelerate expansion into low- and medium-volume autonomous vehicle deployment. The additional money from the Series A1 round came from Green Pine Capital Partners, CMC Capital, Redpoint Ventures China, Hong Kong businessman Adrian Cheng and Delong Capital. ...

ZTE Corp. will regain access to U.S. technology after the U.S. Commerce Department today signed off on a final deal subject to the Chinese electronics giant making a final payment. The deal was brokered by the Trump Administration in response to a decision by the Commerce Department to ban ZTE from being able to obtain U.S. technology ...

Magic Leap Inc. is promising to deliver the long-awaited developer edition of its mixed-reality goggles this summer. The pledge came as the company announced a new investor and exclusive retail launch partner in the form of AT&T Inc. The”Magic Leap One Create Edition” goggles come to market more than three years after Magic Leap first demonstrated their ...

A hacker tried to sell sensitive U.S. military documents relating to Reaper drones and tanks on the shady part of the internet called the darknet, security firm Recorded Future Inc.’s Insikt Group has discovered. The material included Air Force maintenance training materials for the MQ-9A Reaper drone and the list of airmen assigned to the ...

Iconic department store company Macy’s Inc. and New York-based restaurant group B&B Hospitality Group are the latest in a long list of companies to have customer data hacked and stolen. With Macy’s, the company said that an unknown third party gained access to accounts on Macys.com and Bloomingdales.com using valid usernames and passwords between April ...

It may be only July, but it’s beginning to look a lot like Christmas at Facebook Inc. The social media giant today announced support for augmented reality advertising that it’s pitching as ideal for the holiday season. The new AR ads, initially being tested with a select group of advertisers, combine AR with product placement to enable ...