Bitsy, a portfolio company of Overstock.com Inc.’s blockchain accelerator Medici Ventures, will launch a beta version of its exchange and wallet service starting Monday. Pitched as a new app-based platform that creates an easy, secure and user-friendly bridge between bitcoin and the U.S. dollar, Bitsy’s service is focused on giving users direct control over their ...

A vulnerability on a website for drone company Dà-Jiāng Innovations Science and Technology Co. Ltd. or DJI could have allowed hackers to steal customer data including confidential information, according to a newly published report. The vulnerability, revealed Thursday by security researchers at Check Point Software Technologies Ltd., involves access to a forum DJI runs for discussions about its ...

HTC Corp. is bringing its Vive Focus standalone virtual reality headset to Europe and North America after launching the device exclusively in China last year. The first significant standalone VR headset from the company is powered by a Snapdragon 835 mobile processor and accompanied with dual 1440-by-800-pixel screens delivering a 3K AMOLED experience with a 110-degree ...

Updated: Microsoft Corp. today confirmed an issue with its Windows Activation service that has seen some users downgraded from Windows 10 Pro to Windows 10 Home. The first reports of the issue appeared on Microsoft’s Community Forums and Reddit. Users reported that their licensed installs of Window 10 Pro were telling them that they were ...

Information technology service management firm Samanage Inc. today said it has raised $30 million in new funding to accelerate its growth and expand internationally. The new round, from Morgan Stanley Expansion Capital, a private investment platform within Morgan Stanley Investment Management, brings the company’s total funding to $74 million. Founded in 2007, Samanage competes with ...

Shares in payments startup Square Inc. dropped in after-hours trading today after the company predicted lower-than-expected estimates for its current quarter. Beating market expectations, Square reported a profit of 13 cents a share, versus an expected 11 cents, with total revenue coming in at $431 million versus a predicted figure of $414.1 million. Looking forward, Square said ...

Ford Motor Co. has hopped onto the electric scooter-sharing market through its acquisition of Spin, a competitor to Bird Rides Inc. and LimeBike Inc. The price of the deal for the company, formally named Skinny Labs Inc., was not disclosed. Axios reported a price of $40 million, while TechCrunch pegged the figure at close to $100 million. The ...

Samsung Electronics Co. Ltd. debuted a raft of new features and services at its annual developer conference today, the standout a demonstration of its long-awaited foldable phone prototype. The Samsung Infinity Flex display is a 7.3-inch, 1536-by-2152-pixel OLED display that can be folded in half. On the outside of the display, for use when the ...

Cryptocurrency mining firm Bitfury Group Ltd. today said it has raised $80 million via a private placement to continue to develop both its customizable chips and its blockchain platform. Founded in 2011, Bitfury is best known for its application-specific integrated circuit or ASIC chips that are used to mine cryptocurrencies, but it provides a full range ...

Hyundai Motor Co. again invested in Southeast Asian ride-hailing startup Grab Taxi Pte. Ltd. today to the tune of $250 million as part of a push to roll out electric vehicles. The South Korean carmaker last invested in Grab in January as part of a deal that saw both companies agreeing to explore ways to develop and ...