While Apple, Inc.’s Apple Watch may have been written off as a flop, there is the odd sign of moderate success in some segments of the market, and today that glimmer of light comes from people who shop at Best Buy Co., Inc. stores. Best Buy announced Tuesday that it was expanding sales of the ...

Cloud-based fraud prevention startup Simility, Inc. has raised $3.45 million in a seed round led by Accel Partners. Founded in 2014, Simility offers a cloud-based fraud prevention software solution that combines machine learning with human evaluation on a scalable platform that protects small to medium businesses (SMEs), along with enterprise clients from sophisticated types of ...

Two people connected to defunct Hong Kong-based Bitcoin marketplace MyCoin are reported to have been arrested August 20 in Taiwan. According to a report from Want China Times, 47-year-old Chen Yun-fei and 39-year-old Lu Kuan-wei were arrested by the Criminal Investigation Bureau in Taipei on fraud related charges; the report notes that “many cases” of fraud has ...

In what is either a brilliant publicity prank or the best ever example of the insanity gripping the venture capital markets, a startup known as Burn Money is claiming to have raised a £2 million ($3.1 million) seed round. Launched in 2014, Burn Money offers an app available on both Android and iOS that, as ...

Despite general consensus that the Apple Watch has been a flop, Apple appears to be doubling down on its efforts with reports starting to emerge that the company is planning on releasing a new smart band for the existing Apple Watch, along with early speculation on the Apple Watch 2. The existing Apple Watch is ...

Australian Bitcoin exchange igot Pty. Ltd. has ceased trading with users, reporting they are unable to obtain withdrawals from the site and that the company is not responding to support tickets. As of the time of writing, igot has ceased all public communications for over one week and have not responded to users or to ...

There are many great days in the history of technology, from man walking on the moon to the invention of the world wide web by Sir Tim Berners-Lee. One day that for better or worse will always be remembered was 20 years ago today, August 24, 1995, when Microsoft Corp. released for sale Windows 95, ...

And so it has begun. Less than a week after hackers behind the Ashley Madison hack released some 30-40 million member records to the greater public, bad actors with a preference for extortion have started attempting to blackmail users for Bitcoin. According to KrebsonSecurity who broke the original hacking story, blackmailers are sending emails to ...

Apple’s now seemingly regular quality control issues have struck again with the tech giant being forced to offer a replacement program for iPhone 6 Plus users with faulty iSight cameras. According to the official announcement, Apple says the defects occur only in an unspecified “small percentage” of iPhone 6 Plus devices, with the iSight camera ...

Ridesharing service Uber, Inc. is going gangbusters according to a new leak of their financials Friday that shows that while the company continues to burn money like there is no tomorrow, the concept that you spend money to eventually make money, be it over a period of time, may actually work. According to a report ...