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Mike Lazaridis and Doug Fregin are to launch a fund to commercialise technologies capable of spearheading the next wave of computing.
Security officers and their consultants say they are overwhelmed at having to fend off many intrusions at once.
Some Internet-based communication tools such as Skype and Whatsapp flout Saudi Arabia's telecom laws,says the country's regulator.
Personal computer sales plunged 14% in the first three months of the year, the biggest decline in two decades of keeping records.
Twitter Inc unveiled a new tool that allows marketers to disseminate targeted messages based on the content of users' tweets.
Google has begun letting people plan out what is to be done with their digital photos, documents and other virtual belongings after they die or become incapacitated.
Chernin had helped create the video streaming service in 2007.
The latest funding will support product development and global marketing and promotional efforts for the social content network.