Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway

Akron Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1, Nural Capital and Florence Capital. The company launched in 2021 and began with a…

Rust-Based Malware Targets Indian Government Entities

Dec 22, 2023NewsroomMalware / Cyber Threat Indian government entities and the defense sector have been targeted by a phishing campaign that’s engineered to drop Rust-based malware for intelligence gathering. The activity, first detected in October 2023, has been codenamed Operation RusticWeb by enterprise security firm SEQRITE. “New Rust-based payloads and encrypted PowerShell commands have been…

2024 Software Outlook: Buying Potential for 3 Stocks

The software industry, witnessing significant expansion, is driven by technological advancements, digital transformations across diverse sectors, and the mounting focus on data-oriented solutions. Given this backdrop, quality software stocks Semrush Holdings (SEMR), Dynatrace (DT), and Progress Software (PRGS) could be solid buys now. Read on…. Investments in digitalization are significantly increasing the demand for software…

Microsoft Warns of New ‘FalseFont’ Backdoor Targeting the Defense Sector

Dec 22, 2023NewsroomThreat Intelligence / Supply Chain Attack Organizations in the Defense Industrial Base (DIB) sector are in the crosshairs of an Iranian threat actor as part of a campaign designed to deliver a never-before-seen backdoor called FalseFont. The findings come from Microsoft, which is tracking the activity under its weather-themed moniker Peach Sandstorm (formerly…