Morgan Beller, a co-founder of Facebook Inc.’s Libra digital currency project, has left Novi, the company formerly known as Calibra that was set up by Facebook to commercialize the idea. Formerly officially head of strategy at Novi, Beller (pictured) has left the company to become a general partner at early-stage venture capital firm NFX. Before starting ...

The U.S. Office of the Comptroller of the Currency Monday issued its first official guidance on stablecoins, which are cryptocurrency whose value is linked to traditional currency holdings. The guidance is potentially game-changing given that it confirms that U.S. banks can provide services to stablecoin issuers in the U.S. Banks are already providing services to stablecoin ...

After years of speculation, Google LLC could be getting close to facing a lawsuit on antitrust grounds, according to multiple reports published today. Both the New York Times and the Washington Post reported that the U.S. Justice Department is in the process of briefing states on their planned legal action against Google ahead of filing in ...

Nasdaq-listed U.S. laser company IP Photonics Corp. has been hit by a ransomware attack that shut down saw its information technology systems worldwide. First reported Friday by Bleeping Computer, the ransomware attack involved the RansomExx strain of ransomware, sometimes also dubbed Ransom X. RansomExx was first detected in July when Japanese technology company Konica Minolta Inc. ...

A judge in California this weekend blocked the Trump administration ruling that Chinese social media app WeChat should be removed from the Apple Inc. App Store and the Google LLC Play Store on First Amendment grounds. Though it’s not well-known in the west, WeChat has more than 1.2 billion users as of the first quarter of ...

Google LLC is officially banning “stalkerware” apps from the Google Play Store effective Oct. 1, but the apps can still be offered if they’re pitched as tracking children or for enterprise purposes under some conditions. Stalkerware apps allow a third party to track the activity of the device user. Tracking can included everything from location ...

Uber Technologies Inc. is reported to be in talks to divest part of its shares in Chinese ride-hailing giant Didi Chuxing Technology Co., according to a report Thursday. Bloomberg, referencing people familiar with the matter, said the private discussions are being led by Uber Chief Executive Officer Dara Khosrowshahi, with both Didi and SoftBank Group Corp. ...

A German woman has died after being diverted from a hospital that had suffered a ransomware attack, allegedly the first death attributed directly to such an attack. The ransomware attack targeted the Duesseldorf University Hospital Sept. 10, resulting in critical systems at the hospital being shut down. As a result of the outage, patients seeking emergency care ...

TikTok could be heading toward an initial public offering subject to the deal between parent company ByteDance Ltd. and Oracle Corp. getting approval by the Trump administration. The claim comes from CNBC, which reported today that TikTok Global would be listed on a U.S. stock exchange with Oracle owning a minority stake — less than 20% ...

A newly discovered critical vulnerability in the Bluetooth software stack has the potential to expose billions of devices to hacking. Detailed by researchers at Purdue University, the new vulnerability has been dubbed BLESA, short for Bluetooth Low Energy Spoofing Attack. The vulnerability relates to the reconnection process in the BLE software stack. That process is ...