elon musk
Tesla Hit With Third Class-Action Suit Over Musk’s Stock Tweets

Embattled electric car manufacturer Tesla racked up its third class-action suit, filed this evening in California’s Northern District Court, stemming from bizarre and potentially unfounded tweets sent last week by CEO Elon Musk. Read More >>

business
‘Long Blockchain’ Maybe Not as Smart as It Thought

Remember “Long Blockchain,” or rather, the company formerly known as Long Island Iced Tea Corp. that saw its stock skyrocket after it changed its name to refer to the foundational technology behind the cryptocurrency boom and made a vague pivot to “globally scalable blockchain technology solutions”? Turns out that might not have been so smart! Read More >>

facebook
Facebook to Investors: There Are More Cambridge Analytica-Sized Privacy Lapses Coming

Facebook’s latest earnings report showed the company escaped its recent round of public scrutiny mostly unscathed, but a filing made this week with the US Securities and Exchange Commission shows that Facebook is expecting to find more massive misuses of data similar to the one that sparked the Cambridge Analytica scandal. Read More >>

cryptocurrency
As Bitcoin Crashes, US Regulators Still Have No Clue What They’re Doing

The heads of the Securities Exchange Commission and the Commodity Futures Trading Commission sat before a congressional committee this morning to restate their intent to regulate—but not stifle—cryptocurrency and its related offerings. During questioning, however, it became clear that foundational issues are stalling progress in cracking down on fraudsters. Read More >>

kodak
Oh My God, Kodak Is Going to Die, Isn’t It?

What have you done Kodak, what have you done? Earlier this month, the stalwart film company got into bed with the oh-so-tempting blockchain brigade, and its stock price dutifully shot up. With one day to go before its initial coin offering, more details have emerged about this unholy marriage, and it’s easy to believe that the reincarnated Kodak isn’t long for this world. Read More >>

apple
Apple: We Would Never!

Following news that the US Department of Justice has allegedly opened an investigation into Apple’s practice of throttling iPhones with ageing batteries, the company is speaking out. Read More >>

bitcoin
The US SEC Wants Answers Before It Approves Bitcoin-Based Futures

Joint statements from both the US Securities Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have effectively put a freeze on cryptocurrency futures trading. The statements come after several crypto-based exchange-traded futures (ETFs) proposals were withdrawn last week, at the encouragement of the SEC. Read More >>

technology
Bjork’s Reportedly Giving Away Cryptocurrency With Her New Album

You can pretty much set your watch to the latest tech trends by following the release of Bjork albums. Following her previous iPad app album, and various forays into VR, she’s now apparently including a little bit of cryptocurrency for anyone who buys her new album. Let’s hope the SEC doesn’t have any issues with that. Read More >>

hacking
Equifax, Which Said Executives Did Not Know of Hack Before Trades, Has Launched a ‘Thorough Review’

Equifax Inc. has insisted that three executives who sold off over a million dollars in shares just days after news of a massive hack of 143 million Americans’ financial data spread internally were not aware of the breach when they made the sales. Read More >>

cryptocurrency
What Are ICOs and Why Are They Getting Banned in China? 

Over the weekend, China banned initial coin offerings (ICO) and briefly paused the seemingly unstoppable price increase of bitcoin. But the cryptocurrency has already bounced back. With the likes of Paris Hilton, Kim Dotcom, and John McAfee all jumping into the ICO world in one way or another, it seems worth asking what the hell this whole thing is about. Read More >>