Robinhood Market Inc. faces the risk of losing its license to offer stock trading in Massachusetts after the state’s regulators sought the revocation of its broker-dealer license. The Massachusetts Securities Division said in an administrative complaint filed today that Robinhood should have its license revoked because it fails to protect vulnerable users and “poses a substantial and continued ...

Walmart Inc. today became the latest investor in General Motor Co.’s Cruise autonomous vehicle unit, increasing a round announced in January that already included Microsoft Corp., Honda Motor Co. Ltd. and others to $2.75 billion. The exact amount of the investment was not disclosed. The original round in January was described only as above $2 ...

The price of bitcoin hit yet another new record high today, to nearly $65,000, on a day that cryptocurrency exchange Coinbase Global Inc. surged on its debut on the Nasdaq. The debut of Coinbase, the largest U.S. registered cryptocurrency exchange was unprecedented. After providing a reference price of $250 per share, Coinbase shares debuted at ...

Investment into cybersecurity startups hit a record high of $7.8 billion in 2020, according to new data published today by Crunchbase. The increase was led by the U.S., with investments into the sector increasing 22% in 2020 over 2019, higher than the 15% growth seen in overall venture capital investment over the same time period. In ...

Cellebrite DI Ltd., which announced plans April 8 to go public, is famed for its ability to hack phones such as the iPhone, but according to a new report, it wasn’t actually responsible for its most famous iPhone hack: unlocking the iPhone of the San Bernardino shooter. The Washington Post reported today that the iPhone belonging to the San Bernardino ...

In a possibly unprecedented move, the U.S. Federal Bureau Investigation has obtained a court order to allow it to hack compromised Microsoft Corp. Exchange Servers to remove vulnerabilities as more stories of Exchange servers being targeted continue to emerge. The court order allowed the FBI to copy and remove malicious web shells from hundreds of ...

Blockchain software technology startup ConsenSys Software Inc. today announced it has raised $65 million in new funding to accelerate the convergence of decentralized finance and Web3 applications on Ethereum with enterprise blockchain infrastructure. The round included funding from J.P. Morgan, Mastercard, UBS, Protocol Labs, the Maker Foundation, Fenbushi, The LAO, Alameda Research, CMT Digital, Greater Bay Area Homeland Development ...

Updated: Reflecting intensifying interest in cryptocurrencies such as bitcoin, crypto exchange provider Coinbase Global Inc. today saw its shares soar in their market debut. Coinbase shares began trading at $381 a share, more than 50% higher than the $250 reference price set Tuesday and valuing the company at about $100 billion. Shares rose even further, ...

Microsoft Corp. today announced its latest range of laptops, and as expected all the devices now offer a choice between both Advanced Micro Devices Inc. and Intel Corp. processors. The Microsoft Surface Laptop 4 comes in a 13.5-inch and 15-inch model shipping with either Intel’s latest 11th generation processors, paired with Intel Iris XE graphics or ...

Clubhouse has seemingly suffered another data breach, with details of 1.3 million users published on a hacking forum but the audio-based social app provider claims it wasn’t hacked and that the data was pulled through their application programming interface. The data, which ended up on Raid Forums, was advertised as offering user I.D., photo, username, ...