Massachussetts

'Ransomware' likely hitting jackpot with bitcoin surge

Cryptolocker thieves are taking advantage of the $1,000 surge of the Bitcoin value by spreading malware that threatens to encrypt computer data and collecting anonymous Bitcoin ransom from unwitting victims.

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FoundationDB closes USD17 million for data storage engine

Virginia-based tech startup FoundationDB raised USD17 million in a financing round led by Sutter Hill to be used for the expansion of its reliable database project.

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