Ex-Apple designer’s ultra-premium audio hardware startup Syng raises $48.75 million

Audio startup Syng has been building on quite a bit more hype than the average fresh hardware startup, largely because of the team behind it. Founder and CEO Chris Stringer was Jony Ive’s first hire at Apple and worked at the company for 21 years. In an interview, Stringer referred to the first time he […]

New Treasury sanctions take aim at blocking ransomware groups from cashing out

The U.S. Treasury is wading into the fight against ransomware by sanctioning virtual cryptocurrency exchange Suex for its role in facilitating ransomware payments. The sanctions are the first of its kind against a cryptocurrency exchange, and prohibit Americans from doing business with the company. It’s the latest action as part of a U.S. government-wide effort […]

Jscrambler raises $15M Series A to help defend against website attacks

Jscrambler, a Portugal-based startup specializing in cybersecurity products that protect organizations against web data exfiltration attacks, has secured $15 million in Series A funding. The investment, which comes two years after the startup secured $2.3 million in seed funding, was led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures. Jscrambler […]

Facebook’s CTO to step down after 13 years at the company

Facebook Chief Technology Officer Mike Schroepfer just announced that he will stepping down from the role next year and transition to a part-time position as a “Senior Fellow” at the company. It’s one of the biggest leadership departures for Facebook in recent memory. He will be replaced in the role by long-time executive Andrew Bosworth […]