Bankrupt social justice warrior blog network Gawker Media, Inc. has been acquired by Spanish-language media company Univision Communications, Inc. for $135 million. In acquiring Gawker Media, Univision outbid publishing company Ziff Davis LLC, who had offered the lower figure of $90 million to buy the blog network. Founded in 2002, Gawker Media was one of ...

A hacker or hackers going by the name of “The Shadow Brokers” is claiming to have hacked a group linked to the National Security Agency (NSA) and are offering their tools for sale on the dark web. The Shadow Brokers claim to have hacked the Equation Group, a hacking group believed to be linked to ...

Fulfilling a promise made nearly 12 months ago, Microsoft has finally delivered a virtual reality version of popular block-building game Minecraft for the Oculus Rift headset. The new Oculus Rift virtual reality-friendly version of Minecraft comes by way of a new free update to Minecraft: Windows 10 Edition beta, and will deliver what the company describes as ...

Snapchat Inc. is said to be close to finalizing a deal to acquire mobile search and discovery app maker Vurb (Verbify, Inc.), according to an unconfirmed report Monday. The Information (firewall) claims the deal is priced at $110 million plus additional team retention payouts totaling “nearly as much;” 75 percent of the acquisition would be ...

Apple, Inc. is expected to launch three new iPads in 2017, including a new 10.5-inch iPad Pro, according to a report released Monday. Noted Apple analyst Ming-Chi Kuo from KGI Securities made the claim in a note to investors, saying that Apple would deliver a 12.9-inch iPad Pro 2, a 10.5-inch iPad Pro and a ...

Ridesharing service provider Lyft, Inc. rejected an acquisition offer from car maker General Motors , Inc. in the last few weeks, according to a report at the weekend. According to The Information, Lyft is said to have briefly considered the offer given that it came after their hiring of Qatalyst Partners LP, an investment bank known ...

A new report from the World Economic Forum has found that the blockchain will come to occupy a central place in the global financial system. The report, “The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services”, considered the impact of implementing distributed ledger technology across nine sectors of financial ...

Microblogging-come-messaging platform Twitter, Inc. continues plans to reinvent itself as a sport live streaming service, with a report Sunday claiming it is in talks with Apple, Inc. to have the new service included on Apple TV. According to The New York Times, the talks between the two companies, which would allow millions of Apple TV users ...

Up to 100 million vehicles manufactured by German manufacturer Volkswagen AG could be hacked and stolen due to deficient security, according to a newly published research paper. According to a paper from German security firm Kasper & Oswald, it was found that certain Audi A1, Q3, R8, S3, TT, along with the VW Beetle, Golf ...

Microsoft Corp. has acquired interactive live game streaming service Beam Interactive, Inc. for an undisclosed sum. Founded in 2014 and launching in beta in January this year, Beam differentiates itself from live game streaming competitors such as Twitch and YouTube by offering near perfectly live streams that are also interactive in that those watching the gameplay ...