White House may not have found evidence of Huawei spying

A special White House investigation couldn’t find any evidence of Chinese spying through Huawei telecommunications systems, though the U.S. recently warned businesses using the vendor that it “cannot be trusted to be free of foreign state influence.”

How home automation could save cable companies

Cable companies such as Comcast and Cox need to take a good look at their technology as streaming services Netflix and Hulu take away their profits. In order to avoid becoming obsolete, it makes sense for cable companies to recycle their infrastructure into home automation.

A physical Bitcoin on a variety of currency

Future of top U.S. Bitcoin exchange in doubt as $250K in virtual currency stolen

The future of the top U.S. Bitcoin echange is in doubt after $250,000 in virtual currency was stolen last night.
As CNet reports, an unidentified hacker found and absconded with an unencrypted backup of virtual wallet keys, taking 24,000 bitcoins, each worth just over ten U.S. dollars. It’s the virtual equivalent of leaving your wallet on the cafe table as you go to use the restroom.

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NetAuthority: saving your bank account from the Russian mob, one algorithm at a time

Imagine this: you phone your bank, asking a service rep to pay a phone bill and transfer money from savings to checking. Only, instead of talking to the bank, you’re speaking to a crook who is talking to you on one phone … and your bank on the other. And when you provide him with all the authentication details your bank requires, he loots your account and transfers your funds into accounts he controls.

Bit9 raises $34.5M to fight cybercrime (and maybe the League of Shadows)

Online security company Bit9 just announced the close of $34.5 million funding from some of the biggest names in venture capital. This is Bit9’s fourth round, and it’s led by Sequoia Capital. The round also includes existing investors Atlas Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures.

Funding Daily: investment news best served with a glass of wine

Now that we have survived the bad luck of Friday the 13th, the fireworks and wine-saturated festivities of Bastille Day, and the ides of July, it is time to dive back into the world of venture capital. There was quite a bit of funding news today, although most of it was rather dry. If you need a little something to sweeten these deals, open a bottle of Bordeaux and remember the French motto that wine makes everything better. Or was it Liberty, Equality, and Fraternity?