Facebook Inc.’s Libra could possibly change course in the future and instead launch multiple so-called stablecoins tied to traditional currencies. The surprise announcement came from Libra head Davis Marcus, who told a banking seminar over the weekend that the group’s main goal remained to create a more efficient payment system, including looking at alternative approaches. ...

Artificial intelligence recruitment platform startup Project Crowd AG is taking a somewhat unusual route to raise funds, listing security tokens for sale on the digital investment platform WeOwn. The offering is seeking to raise 1 million Swiss Francs ($1.01 million). Investors can buy into the company with a minimum investment of 200 CHF ($202.50). Unlike ...

The resumes of more than 250,000 job seekers have been found exposed online by two companies in the U.S. and U.K. in the latest case of publicly exposed cloud storage. Today’s tale of another Amazon Web Services Inc. cloud misconfiguration comes from U.S. job board Authentic Jobs Inc., with 211,130 curriculum vitae, and U.K. retail and ...

Galileo Financial Technologies Inc., a payments processing solution platform for financial technology firms, said today it has raised $77 million in funding to expand its product and enter new markets. The Series A round was led by Accel and included Qualtrics co-founder and Chief Executive Officer Ryan Smith. As part of the deal, Accel partner John Lock is joining ...

Facebook Inc. Chief Executive Officer Mark Zuckerberg defended the giant social network at an address at Georgetown University today, claiming that the company was a champion of free expression. Invoking Frederick Douglass, slavery, the Enlightenment and the civil rights movement, Zuckerberg told the audience that “the ability to speak freely has been central in the fight ...

Bitcoin may have entered a bear market as the price of the cryptocurrency’s price continued to drop Wednesday to some of its lowest levels in six months. The price of bitcoin dropped as low as $7.942.22 at 3:15 p.m. EDT, only slightly higher than the recent low Oct. 7 of $7,853.69, before recovering slightly to ...

Yahoo Groups, Yahoo’s long-running online discussion board is closing down, the latest service to do so since Yahoo was acquired by Verizon Communication Inc. in 2017. The service, a combination of electronic mailing list and threaded internet forum, can be traced back to Yahoo Clubs in 1998. Its current format was the result of Yahoo acquiring ...

Some 337 people across 11 eleven countries and 22 U.S. states have been arrested as part of a takedown of a dark web site that dealt in child exploitation material. The takedown, led by various U.S. law enforcement agencies and the Internal Revenue Service in conjunction with authorities in the U.K., South Korea and other ...

Security researchers at Palo Alto Network Inc.’s Unit 42 have identified the first-ever cryptojacking worm that spreads using Docker software containers. Dubbed “Graboid,” the worm spread to more than 2,000 unsecured Docker hosts and like other cryptocurrency worms before it, it utilizes the infected hosts to mine for the Monero cryptocurrency. Monero is a favorite ...

Ripple Labs Inc.’s investment subsidiary Xpring today said it has made a strategic investment in Towo Labs AB, a Swedish startup developing technology for cryptocurrency self-custody. The investment will be used to support Towo Labs’ project roadmap for the next two years including the development of hardware wallet firmware with support for all XRP Ledger transaction types, the ...