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Klout acquired by Lithium Technologies

Klout acquired by Lithium Technologies

Klout has been acquired by Lithium Technologies, the company has announced. Word of the acquisition arose in February, but the financial details were unknown at the time. As it turns out, the price paid was double what was originally rumored, coming in at $200 million.

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The internet is Not Happy about Facebook buying Oculus

The internet is Not Happy about Facebook buying Oculus

News of Facebook splashing out $2bn to buy virtual reality headset startup Oculus has prompted not only surprise but horror among developers and fans, with the company facing a sizable backlash as the news spreads. Developers and would-be gamers waiting for the consumer Rift headset have reacted for the most part negatively, accusing Oculus of "selling out" and voicing concerns that the project will wither and die at Mark Zuckerberg's hand.

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DMV credit card hack hits thousands in California

DMV credit card hack hits thousands in California

The California Department of Motor Vehicles is the next in line to fall prey to an extensive credit card security breach. A private alert sent out by MasterCard to different banks, states that online transactions for DMV-related services have been the source of the breach and has affected thousands of citizens and their data. The news comes close to heels of the Target incident, where data involving over 110 million of its customer’s credit cards was breached.

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Mt. Gox, Mizuho Bank and Mark Karpeles deeper in Bitcoin legal soup

Mt. Gox, Mizuho Bank and Mark Karpeles deeper in Bitcoin legal soup

The story spinning around Mt Gox, Mark Karpeles and Jed McCaleb and their alleged Bitcoin fraud has enough spice in it to be called Daytime Soap. Each day brings in new twists and turns to the plot and has all of us hanging on the edge of our seats. The latest development in the story is that folks in Canada and the U.S. have filed a class-action suit for fraud that kind of negates Mt Gox’s bankruptcy blanket for the moment.

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