Mt. Gox Founder Refuses To Appear In U.S. Regarding Bankruptcy
Mark Karpeles, the founder of Mt. Gox, has refused to come to the United States to answer questions about the Japanese bitcoin exchange’s U.S. bankruptcy case, Mt. Gox lawyers told a federal judge on...
View ArticlePayPal Finally Gets A Makeover
The online payment company PayPal is getting a much over due new look and its first-ever global marketing push as parent eBay Inc tries to grab back attention from the growing number of rivals piling...
View ArticleBitcoins Come To Facebook With New QuickCoin App
If you are curious about Bitcoin but uncertain by how transactions work, there’s an app for that — and it’s on Facebook. QuickCoin allows users to move the cryptocurrency around for free through the...
View ArticleFacebook Takes On Lecpetex Spam Botnet
Facebook said police in Greece made two arrests last week in connection with a little-known spamming botnet called “Lecpetex,” which used hacked computers look for the Litecoin virtual currency. As...
View ArticleFCC To Spend $2B To Improve School’s Wi-Fi Networks
The U.S. Federal Communications Commission has committed to spend $2 billion over the next two years on upgrading Wi-Fi networks at schools and libraries, despite questions from Republican...
View ArticleDell Is Now Accepting Bitcoin Payments
Want to purchase a laptop with bitcoins? Dell is now accepting the digital currency as a form of payment. Consumer and business shoppers can pay for products directly via bitcoins or through Coinbase,...
View ArticleJudge Rejects Settlement In Silicon Valley Hiring Case
A California judge has rejected the proposed settlement in a lawsuit over no-hire agreements used by top Silicon Valley tech firms, saying the amount being offered to compensate workers is too low. The...
View ArticleBitcoin Adoption Rate Continues Its Upward Trajectory
Bitcoin is gaing greater acceptance at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing...
View ArticleHackers Prefer Your Medical Records Over Your Credit Cards
Your medical records are worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest...
View ArticleStates Fret Over Ability To Hire Info Security Pros
States’ attempts to beef up cybersecurity are being hindered by lack of money and people. States don’t have enough funding to keep up with the increasing sophistication of the threats, and can’t match...
View ArticleWill Facebook Go After PayPal?
Speculation about a Facebook payments service has been whirling around the online rumour mill for some time. This escalated in June when Facebook hired ex-president of PayPal David Marcus to take the...
View ArticleKaspersky Working To Thwart Tyupkin ATM Malware
In June of this year, two Canadian teenagers showed how they had broken into an in-store ATM simply by downloading the instructions from the internet and using unchanged default passwords.
View ArticleTwitter To Allow Money Transfer Via Tweets
One of France’s largest banks is partnering with social network Twitter Inc. to allow its customers to transfer money via tweets. The move by Groupe BPCE, France’s second largest bank by customers,...
View ArticleCVS and Rite Aid Stores Block Apple Pay
Drug retailers CVS Health Corp and Rite Aid Corp have disabled Apple Inc’s new electronic payments service Apple Pay from their stores over the weekend,according to the New York Times. Apple Pay,...
View ArticleCharles Schwab To Offer Free Investment Planning Offered By ‘Rob o-adviser’
Charles Schwab Corp has confirmed that it will begin offering free automated investment plans picked by computer algorithms in the first quarter of 2015. The program, which will be marketed as Schwab...
View ArticleStarbucks Says 1 in 6 Of Its Payments Are Mobile
Starbucks says mobile payments is growing in a big way and it’s already handling almost 7 million a week at its U.S. stores. That accounts for 16 percent of all transactions at its coffee shops and,...
View ArticleSilk Road 2.0 Shut Down By U.S. Government
U.S. governmnent authorities said they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug...
View ArticleSnapchat To Offer Mobile Payments Service
Mobile messaging company Snapchat is rolling out a new service that wil allow users to send money to each other, in a partnership with online payments company Square. The service, dubbed Snapcash,...
View ArticleHacker Forum Working To On Evolving Malware
"Once this is gained hackers then have the ability to move laterally in the organisation and start looking for crown jewels or simply advertise that a point of presence has been created in a...
View ArticleSamsung Moving Toward Mobile Payments With LoopPay Acquisition
Samsung Electronics Co Ltd has acquired U.S. mobile wallet startup LoopPay, signaling its intention to launch a smartphone payments service to compete with rival Apple Inc. Mobile payments have been...
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