The state-sponsored Chinese hacking group APT41 increased their corporate hacking activity in late January, the timing of which coincided with the outbreak of the coronavirus in China, Reuters reported, citing a report by cybersecurity firm FireEye. The timing of the attacks might have been related to tensions between China and the U.S. over the trade war, Reuters said. The two countries signed...
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Alexis Ohanian Venture Fund Plots $776 Million in New Funds
Seven Seven Six, the venture capital fund launched by Reddit co-founder Alexis Ohanian in 2020, plans to raise $776 million for two new funds, according to investment documents viewed by The Information. The planned fundraising is more than 50% bigger than what it raised last year and will test investor appetite for bigger funds during a tough environment. The Palm Beach, Fla.-based firm had an...
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