spokesperson

Google cancels half the projects at its internal R&D group Area 120

Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient — a comment some in the industry took to mean headcount reduct

Hotel giant IHG blames cyberattack for booking systems outage

IHG runs 6,000 hotels in over 100 countries and serves more than 150 million guests each year.

Crypto, where the fallen seek a fresh start

Welcome back to Chain Reaction. Last week, we talked about privacy in crypto and how it’s sometimes at odds with regulation. This week, we’re covering a larger-than-life founder who is per

Kickstarter sent password reset emails to millions of users, but didn’t tell anyone why

Crowdfunding website Kickstarter sparked fears overnight of a possible security incident after the company sent unsolicited password reset emails to millions of users without prior explanation. The em

Snapchat officially introduces parental controls through a new ‘Family Center’ feature

Snapchat today is rolling out its first set of parental controls, after announcing last October it was developing tools that would allow parents to gain better visibility into how their teens used the

Twilio hacked by phishing campaign targeting internet companies

Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees into handing over their corporate login credentials.  The San Francisco-based company, w

Salesforce shutters Hong Kong office, leans on Alibaba in China

Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic par

German semiconductor giant Semikron says hackers encrypted its network

Semikron, a German manufacturer that produces semiconductors for electric vehicles and industrial automation systems, has confirmed it has fallen victim to a cyberattack that has resulted in data encr

Pinterest debuts a new app, Shuffles, for collage-making and moodboards

Pinterest may be best known for shopping inspiration and design ideas, but the company’s newest product wants to inspire its users to tap into their own creativity. The company has quietly launc

Massage-booking platform Urban responds to reports of alleged sexual assaults by some therapists

Urban, a popular U.K.-based startup that allows customers to find self-employed massage therapists who can be booked to attend customers’ homes, has been named in an investigation into alleged abuse

Unity is merging with ironSource in an all-stock deal valuing Ironsource at $4.4B in a big consolidation play for gaming

Update: The companies have confirmed the news here. ironSource is being valued at $4.4 billion in the all-stock deal. Part of the transaction will also involve Silver Lake and Sequoia, the two largest

Twitter lays off 30% of its talent acquisition team

Twitter laid off 30% of its talent acquisition team today, two months into a companywide hiring freeze. A Twitter spokesperson confirmed these layoffs but declined to share the exact number of employe

Cybersecurity startups, once the VC darling, hammered by layoffs

On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investo

An Apple store in Maryland makes history by forming the company’s first recognized union

As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and

Thousands of Mobike users’ passports and IDs exposed online

A massive trove of more than 120,000 passports, drivers licenses and identity documents uploaded by users of bike-sharing service Mobike have been found online. Security researcher Bob Diachenko foun

Athleisure icon Ty Haney raises $9.8M in fresh funding for her blockchain rewards startup

Outdoor Voices founder Ty Haney made a name for herself by making sportswear the hottest trend among non-athletes. Now, the 33-year-old entrepreneur is betting she can bring together another underrate

Kim Kardashian lends her taste buds to Beyond Meat as first chief taste consultant

She will also be featured in a new campaign touting her recipes for using Beyond Meat and other creative content.

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the wa

A group of Activision Blizzard workers vote to unionize

After months of organizing, the quality assurance testers at Raven Software, a division of gaming giant Activision Blizzard, have voted to unionize. This marks the first union at a major gaming compan

Hackers compromised some Zola user accounts to buy gift cards

Zola, a wedding planning startup that allows couples to create websites, budgets and gift registries, has confirmed that hackers gained access to user accounts but has denied a breach of its systems.
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