Trinity News Daily - U.S. and World Latest News from Technology, Entertainment, Health and Sports

Breaking Daily News and Current Events

Monday, March 8, 2021
Log in
  • Headlines
  • Entertainment
  • Health
  • Sports
  • Technology
  • U.S.
  • World
  • Latest News
    • Larry David Decided the Return of ‘Curb Your Enthusiasm’ with New Season
    • Spiders Start to Fly in Chicago, As Their Season Begins
    • Hummingbird Vision Is Adapted To High-Speed Flight
    • Kronos Is The Latest Nickname For 2 Planet Eating Stars
    • The Ecosystem of Teller Lake in Colorado Threatened by Thousands of Goldfish
    • Researchers Dream of a World Without Mosquitoes
    • NASA Shares Spectacular Pic of Earthrise over Moon
    • The Ozone Layer is Repairing Itself
    • Giraffes Are In Danger Of Becoming Extinct In The Wild
    • Pregnant Woman Stabbed And Her Unborn Child Removed From Her Belly

Pages

  • Privacy Policy GDPR
  • Terms and Conditions
  • Trinity News Daily Staff
  • Who We Are

Recent Posts

  • Documentary Tells Story of Three Identical Strangers June 29, 2018
  • First Look at DiCaprio and Pitt in “Once Upon a Time in Hollywood” June 28, 2018
  • Jared Leto to Star in Spider-Man Spinoff “Morbius” June 28, 2018
  • Toby Kebbell Joins Vin Diesel’s Bloodshot June 27, 2018
  • New Record-Breaking Number of Academy Members Announced June 26, 2018
  • Actress Heather Locklear Arrested Once Again June 26, 2018
  • Game of Thrones’ Rose Leslie and Kit Harington Got Married June 25, 2018

LastPass is now under the LogMeIn Umbrella for $110 Million

October 10, 2015 By Sandy Morton Leave a Comment

Email, RSS Follow

LastPass is now under the LogMeIn Umbrella for $110 MillionAccording to a company’s blog post, LastPass is now under the LogMeIn Umbrella for $110 million. The Boston-based IT management services provider LogMeIn said that the acquisition is necessary for the company to expand its line of identity and access-related products and services.

The final terms of the agreement would be established in the following weeks, the two companies announced. LastPass users will still benefit from support in the near term. Gradually, LastPass would introduce new products and services from its now-parent company LogMeIn, including a team password manager called Meldium.

LastPass will not ditch its ongoing projects, and its team promised that it would continue to improve the products. About 7 million users use the company’s award-winning product LastPass.

Michael Simon, chief executive of LogMeIn said that the merger may help the company gain leading position on password management market, and help with the development of other revolutionary access management solutions on the long run.

LastPass CEO Joe Siegrist told users that the acquisition was “good news” since the company would not change its policies and business model. The agreement is necessary for the company to gain access to new sources and “innovate faster,” Siergist added.

LastPass offers a freemiun service that allows you to remember all your passwords with zero effort. You only need a browser add-on to access the service and a master password. The add-on encrypts and saves passwords for all types of sites. The service also boosts security online because people can now use different password without the fear that they may forget them.

This summer, LastPass was eyed by a team of hackers. Although there was no breach, the company urged users to update their master passwords to make sure that their data isn’t compromised.

Analysts said that the recent acquisition shows that password management business has great potential despite emerging technologies that promise password-free access to online data. Experts explained that password managers are cheaper and easier to use than those technologies, so users are less likely to make the switch anytime soon.

Tech experts that use the LastPass service said that the company offers “good enough” security to keep them loyal fans. The experts do not believe that biometrics and other access management technologies stand a real chance against traditional passwords.

Cyber security analysts noted that fingerprints are easier to replicate than traditional passwords. Plus, passwords are not rejected by software like biometric data sometimes is.

Image Source: Wikimedia

Email, RSS Follow

Filed Under: Technology Tagged With: LastPass, LogMeIn, LogMeIn Acquires LastPass, password manager

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 8 other subscribers

Recent Articles

cannabis plants

Prototype App Could Tell the Actual Effects of Cannabis on a Person

April 26, 2018 By Sandy Morton Leave a Comment

Viagra pill

Viagra Might Help Fight Cancer (Study)

April 12, 2018 By Sandy Morton Leave a Comment

Opioids in a plastic container.

Opioids Just As Effective As Over The Counter Drugs For Treating Chronic Pain (Study)

March 8, 2018 By Sandy Morton Leave a Comment

Child being exposed to bright lights from a tablet.

Bright Lights Before Bedtime Can Prevent Kids From Going To Sleep (Study)

March 6, 2018 By Sandy Morton Leave a Comment

Several opioid pills laid on a black surface.

The Opioid Pandemic Affects More and More US Children (Study)

March 5, 2018 By Sandy Morton Leave a Comment

Close-up of a colon cancer cell.

Eating Nuts May Help Avoid Colon Cancer (Study)

March 1, 2018 By Sandy Morton Leave a Comment

Woman suffering from obesity.

Prolonged Obesity Increases Risk Of Heart Disease (Study)

February 22, 2018 By Sandy Morton Leave a Comment

Glass of red wine.

Drinking Red Wine May Keep Teeth And Gums Healthy (Study)

February 21, 2018 By Sandy Morton Leave a Comment

Single fathers have higher mortality risk.

Mortality Rate For Single Fathers Is Surprisingly High (Study)

February 15, 2018 By Sandy Morton Leave a Comment

Woman with her male partner on a field.

Your Partner Can Cheat On You Even If They’re Sexually Satisfied (Study)

February 13, 2018 By Sandy Morton Leave a Comment

Cloth embroidered by a person suffering from schizophrenia.

Schizophrenia Patients Can Manage Verbal Hallucinations By Playing A Video Game

February 12, 2018 By Sandy Morton Leave a Comment

mouse on leaf in tree

Researchers are Testing a Cancer Vaccine for Human Usage (Study)

February 4, 2018 By Sandy Morton Leave a Comment

white pills on white surface

FDA Changes Packaging of Anti-Diarrhea Drug to Avoid Abuse

January 31, 2018 By Sandy Morton Leave a Comment

Drinking too much alcohol during your teen years was potentially linked to liver diseases later on.

Liver Diseases Likelier In People Who Drank Large Amounts Of Alcohol In Their Adolescence

January 22, 2018 By Sandy Morton Leave a Comment

Related Articles

  • Google logo displayed on left eye.

    Google AI Peers Can Predict Heart Disease By Peering Into Your Eyes

    Feb 20, 2018
  • Several YouTube ads were found to contain cryptocurrency mining code.

    YouTube Ads Found To Sap CPU Power To Mine Cryptocurrency

    Jan 29, 2018
  • Social media platform Facebook wants to roll out a series of updates this year that will simplify its Messenger app.

    Facebook Promises To Simplify Its Messenger App In 2018

    Jan 17, 2018
  • General Motors seeks permision from the federal government to deploy the autonomous car, Chevrolet Cruise AV, in 2019.

    General Motors Wants Its Autonomous Chevrolet Cruise AV To Drive By Itself In 2019

    Jan 13, 2018
  • Amazon and Microsoft employees used their work emails to solicit prostitute services.

    Microsoft and Amazon Employees Exposed as Clients in Sex Trafficking Sting

    Dec 27, 2017
  • Apple may include EKG tech in their next Apple Watch models.

    Future Apple Watch Models May Have an EKG Heart Monitor Feature

    Dec 23, 2017
  • Facebook Brings In New Tools To Combat Unwanted Messages And Friend Requests

    Dec 20, 2017
  • Facebook cracks down on clicbait articles.

    Facebook Has Had It With Clickbait Posts

    Dec 19, 2017
  • moon colony, artist's rendition.

    Japanese Start-Up To Put Ads On The Moon By 2020

    Dec 15, 2017
  • New Twitter feature will let people post tweetsorms more easily.

    Twitter To Roll Out New “Tweetstorms” Feature

    Dec 14, 2017

Categories

  • Business
  • Entertainment
  • Headlines
  • Health
  • Nature
  • Science
  • Sports
  • Technology
  • U.S.
  • Uncategorized
  • World

Copyright © 2021 TrinityNewsDaily.com

About · Staff · Terms and Conditions · Privacy Policy

This website uses cookies to ensure you get the best experience on our website. Learn more.