CrowdStrike Inc., a San Francisco Bay area-based cybersecurity startup, has filed for an initial public offering, another money-losing tech unicorn hoping it can raise more money in the market. Founded in 2011, CrowdStrike offers endpoint protection, a form of cybersecurity that protects devices such as desktop personal computers, laptops and mobile devices. It does so through ...

Ifinex Inc., the parent company of cryptocurrency exchange Bitfinex and troubled stablecoin Tether, has raised $1 billion as part of a so-called “initial exchange offering.” The news came via Bitfinex Chief Technology Officer Paolo Ardonio, who said on Twitter Monday that iFinex had raised the $1 billion in 10 days with an unspecified number of investors ...

Slack Technologies Inc. has taken its direct listing pitch to the road, providing investors with an update on its financials as it seeks to go public with a nontraditional method. The company officially announced it had lodged its paperwork for a direct listing April 26, saying that it was looking to raise $100 million, a likely placeholder number ...

Microsoft Corp. has introduced a new open-source decentralized network designed to use existing blockchains to verify and manage identity. Called ION, for Identity Overlay Network, the network is based on the Sidetree protocol, a distributed public key infrastructure. It runs on top of the bitcoin blockchain. Microsoft announced it was building a blockchain-based distributed identity or DID management platform ...

New cryptocurrency payments startup Flexa Network Inc. today opened up shop with an app that allows users to use cryptocurrency to make payments in physical retail stores. The company’s app, SPEDN, allows users to make payments using bitcoin, Ethereum, Bitcoin Cash and Gemini dollar. It’s launching with an impressive array of retail outlets, including Barnes & Noble, ...

Uber Chief Executive Officer Dara Khosrowshahi told employees in a memo today to hang tight as the company’s stock dropped even further on its second day of trading. The ride-hailing giant made its public debut on the New York Stock Exchange Friday and was sold off from the get-go, opening at $42 a share, down ...

The price of bitcoin broke through $7,500 in trading over the weekend, its highest level since August — but then it fell below $7,000 in what some are suggesting may be a classic case of a pump-and-dump scheme. Bitcoin has been a roll this year after hitting a low of $3,360.53 on Feb. 5. Bitcoin started ...

Huobi Global today said it has teamed with Oakland, California-based Reserve to sell Reserve Rights Tokens in a sort of initial coin offering. Reserve, founded in 2018 with a high-profile team that includes former members of Google LLC, Tesla Inc., OpenAI, IBM Corp., the Machine Intelligence Research Institute, Impossible Foods Inc. and The Jane Goodall ...

Tesla Inc. and SpaceX Inc. Chief Executive Officer Elon Musk has shared pictures highlighting Starlink satellites that are due to be launched on Wednesday. Starlink is an ambitious plan by SpaceX to deploy thousands of low earth orbit satellites to provide internet access to everyone on the globe. Announced by Musk at an event in January 2015, the ...

Stories of hacking and hacks have become so commonplace that they often barely rate a mention, but here’s a truly disturbing case if it’s true: Three major U.S. antivirus companies allegedly have been hacked. The details of the alleged hack were first detailed Thursday by self-described security firm Advanced Intelligence LLC. The names of the companies ...