In a recent interview,Reid Hoffman, ex-COO of PayPal Inc PYPL , blasted Tesla and SpaceX CEOElon Muskfor his handling of a merger that led to the creation of PayPal. Musks internet banking firm, X.com, merged with Confinity, a security software company co-foundedby Peter Thiel, in 2000.The union of these two companies eventually brought about PayPal.
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UNC4841 — Barracuda thought it drove 0-day hackers out of customers networks. It was wrong. When UNC4841 infected gov’t and military networks, it was just getting started. Dan Goodin – Aug 30, 2023 5:31 pm UTC EnlargeSteve McDowell / Agefotostock reader comments 31 with In late May, researchers drove out a team of China state
The U.S. Treasury Department has finally given some clarity and perhaps a sigh of relief to Bitcoin BTC/USD miners with a 300-page proposal under the 2021 Infrastructure Investment and Jobs Act. The proposal clarifies the tax reporting and data collection obligations of crypto exchanges, payment processors, and BTC mining operations. A new tax form, the
To promote the progress of science and useful arts — Thorny AI ownership questions have Copyright Office seeking public input Should AI-created works be copyrighted? US regulators want to know what you think. Benj Edwards – Aug 30, 2023 9:34 pm UTC EnlargeGetty Images reader comments 128 with On Wednesday, the US Copyright Office began
In a recent interview,Reid Hoffman, ex-COO of PayPal Inc PYPL , blasted Tesla and SpaceX CEOElon Muskfor his handling of a merger that led to the creation of PayPal. Musks internet banking firm, X.com, merged with Confinity, a security software company co-foundedby Peter Thiel, in 2000.The union of these two companies eventually brought about PayPal.
IMPOSTOR UNMASKED — Google removes fake Signal and Telegram apps hosted on Play Before linking an account, be sure the app you’re using is legit. Dan Goodin – Aug 30, 2023 10:09 pm UTC Enlarge Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images reader comments 24 with Researchers on Wednesday said they found fake apps in Google
Titan Global Capital Management USA LLC, a New York-based fintech investment adviser, hasagreedto pay over $1 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC). The charges pertain to misleading statements made by Titan about performance metrics and the custody of clients' crypto assets. The settlement represents the first violation under
UBS has reported the biggest ever quarterly profit for a bank, after recording a $29bn gain linked to its takeover of Credit Suisse. The Swiss lender announced the figures on Thursday as it said it would press ahead with absorbing Credit Suisse’s domestic business despite local and political opposition to a deal expected to result
Coinbase COIN , a dominant force in the crypto exchange world, acquired an equity stake Monday in Circle, the co-founder of the USD Coin USDC/USD . This strategic move, reported by Fortune Monday,is part of a broader plan to reshape the governance and financial dynamics of USDC, leading to the dissolution of the Centre Consortium,
Mathew Owens, a British physicist and professor of space physics at the University of Reading,has warned that aonce-in-century solar storm could fry power grids and knock out satellites. The sun’s activity is currently growing and scientists are particularly concerned about the ongoing solar cycle. It is already more active than the previous cycle, which means
In late November 2022, Keith Grossman announced on Twitter (aka X) that he was leaving the team atTime magazine to become the president ofMoonPay, a Web3 company that provides easy ways for people to buy crypto using fiat. In the multi-tweet post, Grossman explained that he appreciated the opportunities he had working at TIME, but
The banking landscape post-COVID-19 pandemic looks different, with some surveys showing upwards of 90% of consumers prefer managing their money in one place, online. The tech-forward banks are some clear winners in this race, particularly following the financial crises over the last two years. Benzinga chatted with JPMorgan Chase & Co JPM Chief Product Officer
Flying high — Virgin Galactics president explains how VSS Unity is now flying frequently “I don’t think I’ll run out of people who are willing to fly the spaceship any time soon.” Eric Berger – Aug 29, 2023 11:30 am UTC Enlarge / In February 2019, Virgin Galactic’s SpaceShipTwo reached space for the second time
Leading commission-free investing and trading app Robinhood HOOD recently introduced 24/5 trading for select stocks and ETFs. This innovation transcends the limitations of traditional trading hours, granting traders an unparalleled window to global equity markets day and night. Beyond just flexibility, this feature equips traders with the tools to preempt opportunities, adeptly maneuver through market
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Maika Isogawa is the founder and CEO of Webacy,a crypto security company that helps users protect their digital assets, particularly with self-custody and cold storage solutions. Isogawa also acts as the public face of the companyby contributing articles and podcasts on its site. Combined with the countless exploits that occurred earlier this year (notably Atomic
Pricy Tablets — Apple plans biggest iPad Pro update since 2018 The device is slated for an early to mid-2024 launch. Samuel Axon – Aug 28, 2023 7:48 pm UTC Enlarge / The 2022 iPad Pro with Magic Keyboard.Kevin Purdy reader comments 101 with Apple’s iPad Pro is set to get its biggest redesign since
In a major move, RaribleRARI/USD , a prominent decentralized NFT platform, has announced its decision to cease aggregating orders from other NFT marketplaces, including OpenSea and LooksRare. This strategic shift is in line with Rarible's renewed focus on fully embracing the royalty system for its artists and creators.Why the Change? Rarible's decision stems from its
Semi-classified — US spy satellite agency isnt so silent about new Silent Barker mission This will be the first launch for ULA’s Atlas V rocket in nearly 10 months. Stephen Clark – Aug 29, 2023 12:31 am UTC Enlarge / United Launch Alliance’s Atlas V rocket rolls to its launch pad in Florida before the