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SiliconANGLE 04/07/2020 23:12
A Special Committee of We Co., the parent company of troubled workplace provider WeWork has filed a lawsuit against SoftBank Group Corp. after SoftBank terminated its offer to buy $3 billion in WeWork shares April 2. The lawsuit alleges that SoftBank breached its obligations under the agreement to acquire WeWork shares in October. WeWork specifically claims that […]. .
SiliconANGLE 04/07/2020 16:09
Italy’s top news reporting agency Agenzia Nazionale Stampa Associata announced Monday the development of a unique news tracking system based on distributed ledger blockchain technology in collaboration with EY Advisory S.p.A., part of Ernst & Young Global Ltd. ANSA is a leading Italian news agency that represents 24 publishers of major newspapers across Italy.
SiliconANGLE 04/07/2020 14:32
Financial technology unicorn Social Finance Inc., better known as SoFi, today said that it has inked a deal to acquire partner Galileo Financial Technologies Inc. for $1.2 billion in cash and stock. Galileo will operate as an independent subsidiary of SoFi after the transaction completes. The company’s chief executive officer, Clay Wilkes, will stay at […]. .
SiliconANGLE 04/07/2020 13:00
The changes to society over the past months during the coronavirus pandemic have been unprecedented. As governments around the world recommend social distancing and restrict movement, companies have been forced to quickly adapt. Switching operations to allow employees to work from home and customers to access goods and services online has become priority number one. […]. .
SiliconANGLE 04/07/2020 12:49
Intel Corp. today committed another $50 million toward coronavirus response efforts and detailed some of the initiatives that it’s supporting, including a project to develop a new mass-producible ventilator. The commitment comes on top of a $10 million donation the chipmaker announced earlier. Intel is dividing the new capital between three programs that each aim to help in […]. .
SiliconANGLE 04/07/2020 11:11
Circle Internet Services Inc., a DevOps software platform provider for continuous integration and delivery, today announced the company has closed a late-stage $100 million funding round led by IVP and Sapphire Ventures. To date, CircleCI has raised $215 million in total funding since its founding in 2011, including this Series E round. During that time, […]. .
SiliconANGLE 04/07/2020 10:58
She stole a CNN reporter’s hotel points while live on the air. She’s hacked into the security system of a large financial services company through a simple phone call while sitting onstage at a hackers’ convention thousands of miles away. But if anyone happens to meet Rachel Tobac (pictured), don’t run. She has some excellent […]. .
SiliconANGLE 04/07/2020 09:00
The Cloud Native Computing Foundation said today its Technical Oversight Committee has voted to accept the Argo Project as its latest incubation-level hosted project. Created in 2017 by a company called Applatix Inc., the Argo Project is a set of tools that enable users to run and manage applications built on Kubernetes more easily. Kubernetes […]. .
SiliconANGLE 04/07/2020 09:00
Cybersecurity startup CyberMDX Technologies Inc. reckons it can take some of the pressure off healthcare providers after raising $20 million in funding. The round, announced today, was led by Sham (Relyens Group), while existing investors Pitango Venture Capital and Qure Ventures also participated. CyberMDX sells risk management and security software that helps healthcare organizations secure […]. .
SiliconANGLE 04/07/2020 06:30
Enterprise content firewall provider Accellion Inc. said today it has raised $120 million in new funding in a strategic round led by Bregal Sagemount. Founded in 1999, Accellion offers an enterprise content firewall that is designed to prevent data breaches and compliance violations. The company’s firewall is designed to protect intellectual property, personally identifiable information, protected […]. .
SiliconANGLE 04/06/2020 22:57
Samsung Electronics Co. Ltd. said Tuesday that it expected a first-quarter operating profit of 6.4 trillion won ($5.23 billion) on operating revenue of 6.3 trillion won ($45 billion) despite the COVID-19 pandemic. The profit is up 2.7% over the first quarter of 2019 and ahead of analyst predictions of 6.2 trillion won ($5.05 billion) according to CNBC. The […]. .
SiliconANGLE 04/06/2020 22:19
The U.S. Federal Bureau of Investigation has issued a warning that cybercriminals are taking advantage of the COVID-19 pandemic to further ramp up business email compromise attacks. The bureau notes that a typical BEC scam involves a victim receiving an email they believe is from a company they normally conduct business with, but this specific email […]. .

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