Microsoft will shutter its standalone Trustworthy Computing group, folding elements of the unit’s work on security, privacy and related issues into its Cloud & Enterprise Division, and its Legal & Corporate Affairs group.
It’s the latest change related to the company’s new round of layoffs, announced this morning. A spokesman confirmed that an unspecified number of jobs are being eliminated from the Trustworthy Computing group as part of the changes.
As Uber and Lyft battle to beat each other out, it appears investors are looking at a smaller ride-sharing service called Sidecar.
Sidecar announced on Monday that it raised $15 million to help fuel its Shared Rides carpool feature and a bigger expansion throughout the US. The round was led by Avalon Ventures and includes both Union Square Ventures and transportation leader and Virgin founder Sir Richard Branson.
A 5-month-old company in Washington has developed what it calls groundbreaking technology to thwart cyber-attacks before they've been identified - a significant advancement over current systems that react to known threats.
Trouble is, the founder of the company, Keith Alexander, headed the US National Security Agency until March, and his plan to patent the technology is drawing criticism from people who say he's profiting from work he did for the government.
The Wall Street Journal is reporting that Microsoft is in talks to buy Swedish game developer Mojang, best known for its block-based zombie survival building game Minecraft. Citing a "person with knowledge of the matter," the purchase would value the developer at more than $2 billion.
On the world stage, it is clear who enjoys the starring role in the Internet-sphere. It’s safe to say that the US has given the Oscar-winning performance while Europe has played a distinctly supporting role. Consider this: globally, US-based companies represent close to 67% of the total market capitalization of public Internet companies while European companies account for less than 4% . Britain, Germany and France combined have 15 Internet firms valued at over $1 billion while the US alone has 87. Europe is yet to produce its own champions on the scale of Google, Facebook and Twitter.