European supply chain management startup OriginTrail has raised $22.5 million in an initial coin offering to build out a custom blockchain-based platform for global supply chain tracking. The company was founded in 2013 and brought an app to market that allowed consumers to track the entire supply chain of their product before they purchase it, but with the ...

France and Germany announced Thursday that they plan to make a joint proposal on regulating bitcoin at a meeting of G20 finance ministers scheduled to be held in Argentina in March. Details of exactly what the regulations may entail were nonexistent, though. French Finance Minister Bruno Le Maire told the media, “We will have a joint Franco-German ...

Security researchers have discovered a new form of rogue Chrome and Firefox browser extensions that not only hijack pageviews but also go the extra mile to keep themselves hidden from users. Security firm Malwarebytes Inc. said today that the new extensions hijack browsers, then prevent users from removing them by redirecting users away from pages where they ...

Chinese ride-hailing startup Caocao Zhuanche has become the Middle Kingdom’s latest unicorn, raising $156 million in a Series A round on a valuation of $1.6 billion. Virtually unknown outside of China, Caocao Zhuanche was founded in 2015 and operates a ride-hailing service with a difference: It runs and owns a fleet of exclusively electric vehicles manufactured by ...

Anyone in information technology knows that cyberattacks represent a massive risk for enterprises. But how big? According to a new report, cyberattacks are the third-highest risk to the world economy behind extreme weather conditions and natural disasters. The claim comes from the World Economic Forum’s Global Risk Report 2018, which compiles data from experts to assess where governments, in particular, ...

This year is shaping up to be a big one for initial public offerings, and one of the first of 2018 could be cloud questionnaire and survey company SurveyMonkey Inc. Recode, quoting people familiar with the company’s plans, claimed that SurveyMonkey has not decided on which banks will underwrite the IPO. But conversations in that direction ...

In what could be described as an epic rollercoaster ride for investors, cryptocurrency prices bottomed out in trading Wednesday and started to recover, led by a solid increase in bitcoin as buyers flooded the market looking for bargains. After hitting a low of $9,200.12 at midday EST, bitcoin rose 27 percent, to $11,374.90, as of 8:55 ...

Artificial intelligence and “internet of things” software platform provider C3 IoT Inc. today said it has raised $100 million in new funding. The late-stage round was led by TPG Growth and included Rise Fund, Breyer Capital, Sutter Hill, Pat House and C3 IoT founder, Chairman and Chief Executive Thomas M. Siebel. The valuation on the deal ...

Bitcoin investing service BitConnect Ltd. is exiting its investment and exchange business following negative publicity and a number of cease-and-desist notices from U.S. states. The company, established in 2016, originally launched as a platform that allowed bitcoin holders to lend bitcoin to others for a given interest rate. Over time it evolved to also add ...

IBM Corp. and A.P. Moller-Maersk Group are establishing a new jointly owned company to promote and sell a blockchain-based system for managing global shipping. The yet unnamed company will use a platform developed by the two companies as part of trial announced in March last year that involved digitizing Maersk’s shipping manifests and operations. The initial offering ...