The wheels have fallen off Lyft Inc.’s initial public offering as its share price plunged Monday, its second day of trading after going public on Friday. After initially popping 8.7% on debut to close Friday at $78.29, shares dropped 11% to close today at $69.01, $2.99 below its IPO price of $72 per share. As ...

Slack Technologies Inc. is bypassing a traditional initial public offering and will instead offer a direct listing in either June or July, according to an unconfirmed report published Monday. The Wall Street Journal said Slack will make the direct listing on the New York Stock Exchange, the second large tech firm to take the route. Spotify ...

Bitcoin has surged to its highest level this year in what some perhaps prematurely are arguing is a return to form for the cryptocurrency after a horrible 2018. The price of bitcoin was trading at $4,116.65 as of 11:20 p.m. EDT, a higher level than its previous yearly high Feb. 28 and prior to that, ...

Toyota Motor Corp. has announced a new data breach involving the theft of customer details from its dealerships in Japan, its second data breach in five weeks. The new breach is believed to affect 3.1 million customers and involved the theft of data including customer names, addresses, birthdates, government identification numbers and employment information, but ...

Leading South Korean cryptocurrency exchange Bithumb has been hacked yet again, with around $18 million in EOS cryptocurrency stolen. The details come from the exchange, which posted on a link to an article on Twitter Saturday, in Korean, explaining what had occurred. The article claimed that the funds were stolen thanks to “internal embezzlement,” or put more ...

The Saudi Arabia Government has allegedly hacked and gained access to the phone of Amazon.com Inc. Chief Executive Officer Jeff Bezos, according to the CEO’s own hired security consultant. The claim comes from Gavin De Becker, a private security specialist employed by Bezos after the National Enquirer published conversations between Bezos and his girlfriend, former television ...

In a strange turn of events for an otherwise standup company, Cisco Systems Inc. has bungled security updates for a number of its routers. Security flaws that affect Cisco RV320 and RV325 WAN VPN routers used by internet security providers and enterprises users were allegedly addressed in a previous update but failed to work. The vulnerabilities ...

A newly discovered form of Android malware has stolen cryptocurrency and banking data from more than 125 different apps. Discovered by security researchers at Group-IB, the “Gustuff” Trojan virus is said to be gaining popularity in the cybercriminal underworld given that it’s tailored specifically for stealing banking and crypto assets. Gustuff is believed to be about a year ...

A former U.S. National Security Agency contractor has pleaded guilty to one charge of stealing a classified document as part of a plea deal first pitched in January. Harold T. Martin III was arrested in August 2016 and was found in possession of 50 terabytes of government data, including documents marked “Secret” and “Top Secret.” Under ...

Carta Inc., a Palo Alto, California-based startup that helps companies, investors and employees manage their equity in other startups, is raising a new round of $300 million on a $1.8 billion valuation, according to an unconfirmed report published Thursday. The report comes from The Information, quoting sources saying that the Series E round will be led ...