A new report from the World Economic Forum has found that the blockchain will come to occupy a central place in the global financial system. The report, “The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services”, considered the impact of implementing distributed ledger technology across nine sectors of financial ...

Microblogging-come-messaging platform Twitter, Inc. continues plans to reinvent itself as a sport live streaming service, with a report Sunday claiming it is in talks with Apple, Inc. to have the new service included on Apple TV. According to The New York Times, the talks between the two companies, which would allow millions of Apple TV users ...

Up to 100 million vehicles manufactured by German manufacturer Volkswagen AG could be hacked and stolen due to deficient security, according to a newly published research paper. According to a paper from German security firm Kasper & Oswald, it was found that certain Audi A1, Q3, R8, S3, TT, along with the VW Beetle, Golf ...

Microsoft Corp. has acquired interactive live game streaming service Beam Interactive, Inc. for an undisclosed sum. Founded in 2014 and launching in beta in January this year, Beam differentiates itself from live game streaming competitors such as Twitch and YouTube by offering near perfectly live streams that are also interactive in that those watching the gameplay ...

A court in California has found that Twitter and the Islamic State of Iraq and Syria (ISIS) are not friends with benefits, after dismissing a lawsuit that claimed that the struggling microblogging come messaging social network is responsible for ISIS’s activities on their platform. The lawsuit, first filed in January, claimed that ISIS’s presence on ...

Australia will be one of the first countries to regulate bitcoin and other cryptocurrencies under the guise of anti-money laundering and counter-terrorism laws. The proposal comes following the release of a report from the Australian Transaction Reports and Analysis Center (AUSTRAC) that argues that “electronic, online and new payment methods” are posing an emerging terrorism ...

A new form of ransomware was discovered in the wild channels Godwin’s Law, using Hitler’s name quite literally in its attempts to shake down victims. Dubbed Hitler-Ransomware (be it misspelled in the lock screen as Hitler-Ransonware), shows a device lock screen displaying Hitler, telling those infected that their files are encrypted, and then demands a 25 Euro ...

The Walt Disney Company announced Tuesday that it is acquiring a 33 percent stake in streaming services company BAMTech, Inc., a spinoff company from Major League Baseball’s MLB Advanced Media business. Under the terms of the deal Disney will pay $1 billion for its stake, with half the amount paid now and the remainder paid ...

Live virtual reality (VR) streaming startup NextVR, Inc. has raised $80 million Series B in a round that included China Assets Holdings, Citic Guoan Information Industry Co., CMC Holdings, Founder H Fund, NetEase, VMS Investment Group, SoftBank, and Spectrum 28 Capital along with existing investors Formation Group, Time Warner Investments, Comcast Ventures, Stephen Ross’s RSE ...

Customers of hacked bitcoin exchange Bitfinex (BTXNA, Inc.) are set to take a serious haircut on their bitcoin holdings after the company announced it would be taking 36 percent of the balance of their bitcoin wallets to offset losses following the hack of the company early August. The 36 percent figure represents a generalized loss ...