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SiliconANGLE 07/03/2020 13:37
Intel Corp.’s venture arm is making an investment worth approximately $250 million in India’s largest mobile carrier, Jio Platforms Limited. Intel said on Thursday that the deal is set to buy it a 0.39% stake, which is believed to value Jio at $65 billion. Jio entered India’s telecommunications market in 2016 with a competitively priced mobile […]. .
SiliconANGLE 07/03/2020 00:03
In the business world, an unpredictable event with potentially severe consequences is known as a “black swan.” One tech investment firm – Sequoia Capital – characterized the COVID-19 global pandemic as precisely this kind of event in 2020. “It will take considerable time — perhaps several quarters — before we can be confident that the […]. .
SiliconANGLE 07/02/2020 23:07
Facebook Inc. Chief Executive Mark Zuckerberg isn’t overly concerned about the advertising boycott and doesn’t believe anything is going to change in the long-run, according to a report published by The Information today. More than 500 companies have so far said they will send advertising on Facebook, names that include Verizon Communications Inc., Coca-Cola Company, […]. .
SiliconANGLE 07/02/2020 22:01
An unknown hacker has targeted 22,900 MongoDB databases in a ransomware attack that threatens to report victims to authorities for breaching the European Union General Data Protection Regulation if they don’t pay up. The attack, discovered by security research Victor Gevers at the Dutch Institute for Vulnerability Disclosure, was first detected in April. According to […]. .
SiliconANGLE 07/02/2020 21:08
A newly discovered vulnerability in some popular bitcoin wallets can be exploited by scammers to commit fraud and even make the wallets themselves unusable. Discovered by wallet startup ZenGo, the vulnerability, dubbed “BigSpender” was found in bitcoin wallets from Ledger Live, Edge and Breadwallet but potentially affects others as well. The vulnerability allows a scammer […]. .
SiliconANGLE 07/02/2020 19:39
Software virtualization giant VMware Inc. today announced its second acquisition in as many days, saying it intends to buy the team and technology behind Blue Medora Inc.’s True Visibility Suite. The idea with the acquisition is to improve the self-driving operations capabilities of VMware’s artificial intelligence-powered vRealize Operations product, which helps information technology teams to run […]. .
SiliconANGLE 07/02/2020 12:43
Apple Inc., Google LLC, Inc. and Facebook Inc. have indicated that their Chief Executives will testify before Congress as part of lawmakers’ investigation into competitive practices in the tech industry. A spokesperson for the House Judiciary Committee confirmed the CEO participation late Wednesday after Recode co-founder Kara Swisher broke the news on Twitter. The hearing is reportedly set […]. .
SiliconANGLE 07/01/2020 23:08
Tesla Inc. is facing a potential federal probe into an alleged design flaw in older Model S vehicles as the company itself has surged past Toyota Motor Co. to become the world’s most valuable car manufacturer. The U.S. National Highway Traffic Safety Administration is looking into issues with the cooling mechanism on Tesla Model S vehicles […]. .
SiliconANGLE 07/01/2020 21:51
Digital asset security startup Curv Inc. has raised $23 million in new funding to support institutional growth, increase its headcount and for the development of new solutions. The Series A round came from CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8 and Digital Garage Lab Fund. Founded in 2018, Curv is a developer of digital asset security […]. .
SiliconANGLE 07/01/2020 21:01
Apache Kafka startup Confluent Inc. today debuted a new infinite data retention feature within its Confluent Cloud platform that enables customers to store as much related information as they want. Apache Kafka is a popular open source technology that’s widely used by companies to store event data, which is essentially information that’s generated by applications […]. .


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