Amazon.com Inc. has strongly denied a report published by The Wall Street Journal today that claimed that the e-commerce giant had manipulated its search algorithms to boosts its own products. The report, citing unnamed people who worked on the project, said the decision to feature more prominently listings that are more profitable for the company, primarily its own ...

The price of bitcoin started to climb slightly Sunday as some analysts predicted that leading cryptocurrencies are primed for a price breakout thanks in part to the pending launch of the Bakkt LLC trading platform. Bitcoin has traded in and around $10,250 in the last month, and though it has ranged between $9,500 and $10,800, it ...

The U.S. Department of Treasury imposed sanctions against three North Korean hacking groups on Friday in the latest crackdown targeting hacking from the rouge state. The hacking groups are alleged to have stolen hundreds of millions from global financial institutions, with the money being funneled back for use by North Korea in the development of ...

Representatives of the Libra Association, the body set up by Facebook Inc. to manage its Libra cryptocurrency, are set to be grilled by global regulators at a meeting in Switzerland on Monday, according to the Financial Times. The meeting will be chaired by Benoît Coeuré, of the European Central Bank and will include representatives of 26 central ...

R3 LLC and Mastercard Inc. Thursday said they’ve signed a strategic partnership to develop and pilot a blockchain-based cross-border payment solution. The payment solution will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard. “Developing a new and better cross-border B2B payments solution ...

Facebook Inc. has patched a serious vulnerability in its Instagram app that could have allowed a malicious actor to access user data including names, phone numbers and Instagram account numbers. Discovered by an Israeli hacker known as ZHacker13 and first reported by Forbes Thursday, the vulnerability allowed an attacker to bypass security protections and gain access ...

Proving that investors will not always tolerate money-losing tech companies going public, online “teledentistry” startup SmileDirectClub flopped on its Nasdaq debut on Thursday with shares in the company down 27.5% as of the close of regular trading, making it one of the worst-performing initial public offerings in 29 years. The Nashville, Tennessee-based company, which sells expensive ...

France will block Facebook Inc.’s Libra cryptocurrency within its own borders and will also attempt to block it within European Union. The announcement came Thursday from France’s Minister of the Economy and Finance, Bruno Le Maire (pictured) who told an Organisation for Economic Co-operation and Development conference on blockchain policy Thursday that “I want to be absolutely clear: ...

Self-driving car startup Voyage Auto Inc. said today it has raised $31 million in new funding to ready its self-driving technology for commercialization. The Series B round will also be used to hire more staff and expand its fleet of self-driving cars. It was led by Franklin Templeton and included Khosla Ventures, Jaguar Land Rover’s InMotion Ventures ...

Kaspersky Lab has been permanently banned from providing services to U.S. government agencies following a temporary ban placed on the company because of allegations of Russian government links in 2017. The permanent ban, made under the 2018 National Defense Authorization Act, bars all civilian and military agencies from using Kaspersky products. Notably, the act used to ...