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Online backup service Carbonite to acquire Dell EMC’s Mozy, a cloud-based backup service for enterprises, for $145.8M via cash and a $120M revolving credit line (Jake Smith/ZDNet)

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Online backup service Carbonite to acquire Dell EMC’s Mozy, a cloud-based backup service for enterprises, for $ 145.8M via cash and a $ 120M revolving credit line Carbonite on Tuesday announced it’s entered into a definitive agreement to acquire Mozy from a subsidiary of Dell for $145.8 million in cash, alongside mixed financial … Continue reading →

Reddit admits its email provider was hacked to steal Bitcoin Cash tips

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Following a brigade of spooked Redditors reporting hacked accounts and missing Bitcoin Cash tips, Reddit has now revealed the results of its internal investigation – and it doesn’t look good. A hacker purportedly breached the platform’s third-party password reset system, forcing access to the accounts of multiple victims. While the … Continue reading →