Business

"No foreign nation, no hacker, should be able to shut down our networks, steal our trade secrets, or invade the privacy of American families," President Barack Obama told the U.S. Congress during the State of the Union Address last week. However, hunting down the perpetrators of cyberattacks that co...

Cablevision on Monday announced plans for Freewheel, an all-WiFi mobile phone service offering unlimited data, talk and text to residents of New York, New Jersey, Connecticut and Pennsylvania. The prepaid service will connect to Cablevision's Optimum Online WiFi network of 1.1 million hotspots. Opti...

Coinbase on Monday launched Coinbase Exchange, the first regulated bitcoin exchange in the U.S. The firm raised $75 million last week in a round of funding from new backers including DFJ Growth and BBVA Ventures, as well as existing investors Andreessen Horowitz, Union Square Ventures and Ribbit Cap...

Cameron and Tyler Winkelvoss on Friday announced Gemini, a regulated bitcoin exchange to be based in the United States. The Winkelvoss twins, who shot to fame when they sued Facebook and won $65 million, have assembled a team of security experts, technologists and financial engineers to build a worl...

Google reportedly is planning to set up shop as an MVNO, purchasing bandwidth from Sprint and T-Mobile in order to offer its own wireless service. Details are sparse, but Sprint is said to be putting a volume trigger into its contract that would allow for renegotiation if Google's customer volume sh...

GOVERNMENT IT REPORT

White House Jump-Starts Cybersecurity Protection Programs

As members of the U.S. Congress started to prepare for the upcoming legislative session, President Obama lost little time in putting cybersecurity near the top of a to-do list for lawmakers. During a visit to the federal National Cybersecurity Communications Integration Center, Obama called for addi...

BlackBerry CEO John Chen set off a barrage of online chatter Wednesday when he proposed that any rules the U.S. adopts to preserve Net neutrality also should guarantee application neutrality. Chen made the proposal in a letter to the chairmen and ranking members of two U.S. congressional panels and ...

FreedomPop on Wednesday announced a new plan that provides Android smartphone users with access to 10 million WiFi hotspots across the U.S. for $5 a month. That sum will give any smartphone or tablet -- regardless of any carrier service it might have -- unlimited talk, text and data on FreedomPop's ...

ANALYSIS

AT&T's Iusacell Deal Could Change Mexico

AT&T recently completed its acquisition of Mexico wireless carrier Iusacell -- so what does that mean for the future of AT&T? The growth potential is enormous, if this is done right. The first step is over. AT&T has closed the acquisition. It was one of the quickest deals ever, taking ro...

ANALYSIS

AT&T's Iusacell Deal Could Change Mexico

AT&T recently completed its acquisition of Mexico wireless carrier Iusacell -- so what does that mean for the future of AT&T? The growth potential is enormous, if this is done right. The first step is over. AT&T has closed the acquisition. It was one of the quickest deals ever, taking ro...

ANALYSIS

AT&T's Iusacell Deal Could Change Mexico

AT&T recently completed its acquisition of Mexico wireless carrier Iusacell -- so what does that mean for the future of AT&T? The growth potential is enormous, if this is done right. The first step is over. AT&T has closed the acquisition. It was one of the quickest deals ever, taking ro...

SpaceX, the space transport services company founded by billionaire entrepreneur Elon Musk, has raised $1 billion in funding from Google and Fidelity Investments. Together, they will together own almost 10 percent of SpaceX. Musk last November confirmed that SpaceX was developing advanced micro-sate...

A fledgling website created last fall connects hackers with clients willing to pay for their services. Nearly 50 hackers have listed their services on Hacker's List so far, for tasks including data recovery, penetration testing and computer forensics. More than 500 hacking jobs reportedly had been o...

Etsy reportedly is working on an initial public offering that could debut this quarter. The crafts and antiques etailer hopes to raise $300 million. If the IPO does indeed materialize, it could give the New York City tech community some much-needed financial oomph. The last tech IPO to originate i...

Instacart Bags $220 Million

Instacart on Tuesday announced it has raised $220 million, following a $44 million investment round in June of last year. The company uses a fleet of personal shoppers, who are independent contractors, to purchase and deliver items to customers. "The two main differentiators for Instacart are our fo...

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