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Lucinda Shen / Fortune:
Cybersecurity stocks rise on WannaCrypt news, with the five biggest firms cumulatively adding nearly $6B in market cap on Monday   —  Despite the global scale of the ransomware attack dubbed “WannaCry,” its creators have reportedly collected just $50,000 in bitcoin from the hack as of early Monday.
May 15, 2017, 4:45 PMIn context
Leena Rao / Fortune:
Mobile auction marketplace Tophatter raised $21M Series B from Goodwater Capital, says it's profitable and expects $100M in 2017 revenue, up from $40M in 2016   —  Early stage startups that achieve profitability are a rarity in Silicon Valley.  Tophatter, a startup you have probably never heard of, may be an exception.
May 14, 2017, 10:35 PMIn context
Aaron Pressman / Fortune:
CDC says 50.8% of US households use only cellphones, overtaking landlines as main service for the first time   —  It's official: For the first time, a majority of American homes have only wireless telephones.  —  The trend to drop landlines has been growing over the last decade alongside …
May 5, 2017, 2:55 AMIn context
Leena Rao / Fortune:
Apple Pay accepted at 20M locations worldwide and transaction volume is up 450% YoY, likely due to Apple's 2016 expansion into many international markets   —  Apple's mobile payments wallet is growing quickly.  —  The number of Apple Pay transactions in the latest quarter rose 450% …
May 3, 2017, 12:15 AMIn context
Jeff John Roberts / Fortune:
Google and Facebook were victims of a $100M phishing scam by a Lithuanian man arrested in March 2017; both companies say they have recouped the funds   —  When the Justice Department announced the arrest last month of a man who allegedly swindled more than $100 million from two U.S. tech giants, the news came wrapped in a mystery.
Apr 28, 2017, 8:25 AMIn context
Michal Lev-Ram / Fortune:
Palantir to pay $1.7M in back wages and other relief to settle Department of Labor suit claiming it had discriminated against Asian job applicants   —  Palantir Technologies, the Palo Alto-based data analytics company, has settled an administrative lawsuit filed by the U.S. Department of Labor last fall.
Apr 25, 2017, 6:20 PMIn context
Jeff John Roberts / Fortune:
CyberGRX, a startup that vets third-party suppliers on their cybersecurity practices, raises $20M Series B led by Bessemer   —  CyberGRX believes it has solved a security problem that has long vexed many companies: How to ensure that third-party suppliers don't provide a way for hackers to attack their networks?
Apr 23, 2017, 7:10 AMIn context
Fortune:
Sources: home design firm Houzz is raising as much as $500M Series E at a valuation of more than $5B   —  This article first appeared in Term Sheet, Fortune's newsletter on deals and dealmakers.  Sign up here.  —  Houzz, an online platform for home remodeling and design services …
Apr 19, 2017, 8:05 AMIn context
Aaron Pressman / Fortune:
AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price   —  AT&T just settled the Wall Street debate over the value of high bandwidth airwave rights suitable for super-fast next generation wireless networks.
Apr 10, 2017, 12:55 PMIn context
Kirsten Korosec / Fortune:
YC alumni Sharethebus rebrands as Bus.com, raises $5M Series A from BMW and others for its charter bus booking platform   —  BMW has invested in Bus.com, a Montreal-based startup that allows users to book charter buses online.  It's the latest example of a push by automakers …
Apr 6, 2017, 10:10 AMIn context

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