Israeli blockchain startup StarkWare Technologies Inc. today said it has raised $30 million in new funding to assist it in developing an authentication method known as zero-knowledge proof. Zero-knowledge proof is the ability to prove that something exists or has taken place without exposing its content with the technology being useful in credit and money transfers. One example ...

A small Canadian cryptocurrency exchange has ceased trading after claiming to be hacked in what some are alleging was instead an “exit scam.” The exchange, called MapleChange, launched in May with 110 trading pairs and 62 cryptocurrencies, including bitcoin, Ethereum and Litecoin. According to numbers from Coingecko, the exchange never had huge volumes, with its ...

Qualcomm Technologies Inc. has upped the war on words in its dispute with Apple Inc., accusing the iPhone maker of trying to destroy its business. The allegation was raised at a court hearing on Friday in relation to a lawsuit filed by Apple in January 2017. That suit alleges that Qualcomm demands excessive royalty fee payments for ...

Tesla Inc. has started rolling out an update to version 9.0 of its software that delivers navigation options to its Autopilot feature. The Navigate on Autopilot service, available to all Tesla vehicles in the U.S. fitted with enhanced Autopilot or full self-driving capability that are optional extras according to Techcrunch, is described as an active guidance ...

Facebook Inc. is developing a new standalone app called “Lasso” to challenge TikTok, a wildly popular Chinese app that has started to go viral in the West. Facebook is said to be developing the app in an attempt to “win back the attention of teens while capitalizing on its recently attained major label music licenses.” TikTok, ...

Cathay Pacific Airways Ltd., the flag carrier of Hong Kong, is the latest airline to be hacked, with 9.4 million customer records stolen. Data stolen in the hack, which occurred in March but only disclosed now, included passenger names, nationality, date of birth, phone number, email, address, passport number, identity card number, frequent flyer program ...

Twitter Inc. lost active users in its last quarter but still managed to book an improved profit as the microblogging platform continues to plow forward post an ongoing purge of alleged Russian bots. Twitter booked a profit of $163 million in the third quarter, more than double the $78 million in the same quarter of 2017. Before ...

Cybersecurity firm Check Point Software Technologies Ltd. today acquired Israeli cloud security startup Dome9 Security Inc. to enhance its cloud security offering. Although the price of the acquisition was not disclosed, The Times of Israel claimed the deal came in at $175 million in cash plus stocks and options. Founded in 2011, Dome9 offers a cloud firewall management ...

Apple Inc. Chief Executive Officer Tim Cook has channeled former U.S. President Dwight D. Eisenhower in a rallying call for the introduction of new data privacy laws to protect consumers. Speaking at a privacy conference in Brussels Wednesday, Cook (pictured) railed against what he dubbed the “data-industrial complex” that has “weaponized against us with military ...

Japan’s Financial Services Agency today granted the local cryptocurrency industry self-regulatory status, giving policing powers to an association backed by the industry. The Japan Virtual Currency Exchange Association has been bestowed the status of “certified fund settlement business association,” giving it the right to set rules to safeguard customer assets, prevent money laundering and give operational ...