Ride-hailing firm Lyft Inc. beat Wall Street earnings predictions in its third quarter, but like the previous quarter, the company continues to bleed money even it’s less than expected. Lyft reported a loss of $463.5 million in the quarter ended Sept. 30, nearly double its loss a year ago. The loss came in at $1.57 per ...

Initial coin offering platform provider CoinList Capital LLC today said it has raised $10 million in new funding to launch a new exchange platform. The money came from Twitter Inc. and Square Inc. Chief Executive Officer Jack Dorsey, Collaborative Fund and Polychain Capital. Founded in 2017 as a spinoff from AngelList, CoinList primarily offers a cloud-based ...

Twitter Inc. today announced that it will ban all political advertising starting in late November, cutting off a potentially large revenue stream for the microblogging service in the run-up to the 2020 U.S. presidential election. In a series of tweets, Twitter Chief Executive Officer Jack Dorsey explained the move was being motivated by a belief ...

The world’s two largest bitcoin mining equipment makers are experiencing contrasting fortunes, with turmoil at market leader Bitmain Technologies Inc. while rival Canaan Creative went public with its initial public offering plans. At Bitmain, the trouble comes from the top. Co-founder and Executive Director Micree Ketuan Zhan was ousted from the company Tuesday by Jihan Wu, the ...

The Australian Competition and Consumer Commission has filed a lawsuit against Google LLC claiming that the search giant has breached Australian consumer law by misleading consumers about the data it collects. Claimed to be the first time a regulator anywhere in the world has sued Google over its data collection methods, the suit, filed in ...

Uber Technologies Inc. has filed a lawsuit against the Los Angeles Department of Transportation over the department’s attempt to obtain the location data of Uber-owned scooters in the city. The lawsuit, filed Monday and first reported by CNET, claims that LADOT’s demand that scooter data be shared compromises privacy and security. LADOT introduced the requirement for location data ...

Facebook Inc.-owned WhatsApp today filed a lawsuit against Israeli spyware company NSO Group Technologies Ltd. claiming that the company illegally hacked users of the messaging service earlier this year. WhatsApp claims NSO Group was behind a hack in May in which accounts were compromised in a so-called zero-day attack, or one that hadn’t previously been known. The ...

Cloud recruiting platform startup Fountain today said it has raised $23 million in new funding to invest in research and development and accelerate product development. The Series B round into the company, formally known as Onboard IQ Inc., was led by DCM and included 51job, Origin Ventures, Uncork Capital and others. As part of the deal, DCM co-founder David ...

Global Italian banking and financial services company UniCredit S.p.A revealed Monday that 3 million customer records were stolen in a data breach that may have taken place as far back as 2015. The hack involved the theft of names, cities, phone numbers and email addresses of the bank’s Italian customers but did not include other personal ...

At the dawn of the World Wide Web, websites powered by early versions of Hypertext Markup Language were very basic because of the limitations of the code. In the latter half of the 1990s and into the early 2000s, an alternative appeared in the form of what is today known as Adobe Flash. Flash, for all ...