Coinbase Warns of the Risk Bitcoin’s Founder Poses On Eve of IPO

As Coinbase prepares to go public, it is warning of the risk Bitcoin’s founder(s) pose to the cryptocurrency market in general, and Coinbase in particular.

Tesla Shares Rise On Record Deliveries

Tesla’s stock rose some 15% in extended trading on news the automaker had its highest number of vehicles deliveries in a single quarter.

Coronavirus: Zoom’s Newfound Popularity a Two-Edged Sword

Zoom may be benefiting from unprecedented numbers of users flocking to the platform, but that newfound popularity comes with some downsides.

Slack’s Troubles Mount: SEC Launches Investigation

Slack has not had a good week. On the heels of a CNBC report that Microsoft Teams is maintaining its lead over the messaging service, The Wall Street Journal (WSJ) is reporting that the Securities and Exchange Commission (SEC) has…

Ericsson to Pay Over $1 Billion Fine to Settle Bribery Charges

ZDNet is reporting that Swedish telecommunications company Ericsson has pled guilty to bribing officials in multiple countries and agreed to pay more than $1 billion in fines. Ericsson admitted to engaging in a long-standing scheme to bribe officials in China,…

Filings Reveal There Was a Bidding War Over Fitbit

Fitbit made news recently when it was announced that Google would be purchasing the wearables firm. According to CNBC, it appears Facebook was also interested and “bid several times to acquire” the company. An SEC filing referred to “Party A,”…

Gene Munster: SEC Removing Musk as Chairman of Tesla was a “Gift Essentially”

The settlement by Tesla with the SEC removing Elon Musk as Chairman of the company was a “gift essentially,” says Gene Munster of Loup Ventures.

Your Passcode Is Protected by Fifth Amendment, Says Court

Can the police compel you to give up your iPhone passcode? Not according to one federal court’s ruling. Doing so would be a violation of your Fifth Amendment rights. The case in question involved two insider trading suspects and the…

Tim Cook’s Security Costs Apple $700,000 a Year

How much is Tim Cook’s safety worth to Apple? Not quite a million bucks, according to a recent filing. Patently Apple unearthed Apple CEO Tim Cook’s security budget, which was buried inside its Schedule 14A report it recently filed with…

Twitter Says It Has About 23 Million Active Bots [UPDATED]

UPDATE: To clarify Twitter’s statement in the filing, the (up to) 8.5 percent of accounts that “automatically contacted our servers for regular updates without any discernable additional user-initiated action” could include apps pulling content and displaying it without manual user…