Google LLC’s parent company Alphabet Inc. is conducting an investigation into how it has handled sexual misconduct allegations, including those made against one of its current executives. The investigation, first reported today by CNBC, is said to be specifically investigating sexual misconduct allegations made against Alphabet Chief Legal Officer David Drummond. Drummond is alleged by former ...

Airbnb Inc. today announced several new safety features as part of its move to ban so-called “party houses” from its service following shootings at an Airbnb rental last week in Orinda, California. The new changes start with Airbnb for the first time verifying 100% of their listings. Putting aside the Orinda shooting, this is a massive ...

Canadian authorities have shut down a cryptocurrency exchange that is alleged to have stolen CA$16 million ($12 million U.S.) in customer funds. The move, led by the British Columbia Securities Commission, involved the seizure of Einstein Exchange Inc. and related companies in an attempt to preserve assets held by the company. Accounting firm Grant Thornton was ...

Symantec Corp. is no longer Symantec, as the company changed its name following the completion today of Broadcom Inc.’s acquisition of its enterprise security business announced in August. The company is now NortonLifeLock Inc., but its previous name will live on since Broadcom owns the rights to the Symantec name for the company’s previous enterprise security ...

Cybersecurity firm Proofpoint Inc. today said it has acquired threat management provider ObserveIT Ltd. for $225 million in an all-cash deal. Founded in 2006, ObserveIT helps organizations identify and eliminate insider threats. The data loss prevention or DLP company does so through a combination of endpoint security and data risk analytics designed to allow security teams to ...

Users of popular online stock trading app Robinhood Market Inc. have allegedly found a glitch that allows them to trade stocks with excess borrowed funds. Dubbed the “infinite money cheat code,” the bug was first detailed on Reddit. Users boasted of how they were using it to fund market positions. One person claimed that he ...

Uber Technologies Inc. posted better-than-expected financial results for its third quarter Monday, issuing a bold statement from Chief Executive Officer Dara Khosrowshahi that the company may be finally profitable by 2021. In the quarter ended Sept. 30, Uber posted a net loss of $1.2 billion, or 68 cents per share, a lower loss than the ...

In a move that has not been well-received in social media and elsewhere, social media giant Facebook Inc. has undertaken a corporate rebranding with a new logo that spells FACEBOOK in upper case. The motivation for the rebranding is claimed by Facebook to make it clearer for people to know what products and apps it ...

Financial management and human capital management software firm Workday Inc. today said it has acquired Scout RFP Inc., a San Francisco-based e-sourcing solutions startup for $540 million in cash. Founded in 2014, Scout RFP offers a sourcing and supplier engagement platform for procurement teams. The company’s platform is aimed at streamlining the procurement process through a unified ...

Cryptocurrency exchange BitMEX has exposed the email addresses of 23,000 customers after sending out an email with the emails of the recipients in the cc: field. The email addresses were exposed when the exchange sent out its weekly newsletter, immediately causing concern among its users given that the emails could be targeted by malicious actors. BitMEX confirmed ...