Duncan Riley
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Facebook Inc. is looking at entering the cryptocurrency market with its own stablecoin, according to a new report. Bloomberg, quoting people familiar with the matter, claimed the Facebook is designing the stablecoin for use with its WhatsApp messaging app, focusing first on …
Bitcoin breaks through $4K as ‘Santa Claus rally’ continues to gather steam
The price of bitcoin today broke through $4,000 as the so-called “Santa Claus rally” that started on Dec. 17 continues to gather steam. After a horrific year that saw its price drop from a high of nearly $20,000, bitcoin hit its bottom of $3,139.96 …
Report: Ethereum blockchain firm ConsenSys to lay off 50-60% of employees
Two weeks after it was reported to be laying off around 13 percent of its workforce, Ethereum blockchain startup and venture capital firm ConsenSys is cutting even more workers in an apparent sign that it may be in serious trouble. Problems at the company, …
Major UK airport shut down after rogue drones spotted
One of the U.K.’s largest airports remains closed after rogue drones were seen near its main runway on Wednesday and Thursday. After the first drone sighting, Gatwick Airport, one of a number of airports in the greater London area and the second-busiest …
Justice Department indicts two Chinese nationals over global hacking campaign
The U.S. Department of Justice today indicted two Chinese nationals over their role in a hacking group that allegedly broke into and stole data from 45 U.S. tech companies and government agencies. The two men are Zhu Hua, known online as Afwar, …
Microsoft issues urgent security update for Internet Explorer
Microsoft Corp. today issued a rare standalone security update for Internet Explorer after the discovery of an actively exploited vulnerability. Discovered by Google LLC’s Threat Analysis Group, it’s described as a vulnerability in the way in which the Internet Explorer scripting engine …
Adding to a growing queue, Pinterest prepares for 2019 initial public offering
Adding to a growing list of big tech companies ready to test the public markets, photo sharing site Pinterest is reported to be preparing for an initial public offering in 2019. The Wall Street Journal, citing people familiar with the company’s plans, …
NASA reveals employee data stolen in October hack
The U.S. National Aeronautics and Space Administration has admitted in an internal memo that employee information was stolen in a hack that occurred in October. The memo, first reported Tuesday by Spaceref.com, states that on Oct. 23 NASA cybersecurity personnel “began investigating a …
Apple claims iPad Pros with bends are normal, not defective
Apple Inc. was once highly respected for quality control in relation to its high-priced, premium hardware but for a number of years, it seems to have fallen short. Just when you thought it couldn’t get any worse, however, it turns out iPad Pros have bends in …
HolaVPN is a massive security risk, security researchers warn
Cybersecurity firm Trend Micro Inc. today warned users of popular free virtual private network provider HolaVPN to stop using the service because it presents a range of highly unacceptable security risks. Founded in 2007, HolaVPN pitches itself as a “community” peer-to-peer VPN service …