Peter Thiel-backed cryptocurrency brokerage startup Tagomi Systems Inc. has been acquired by Coinbase Inc. for an undisclosed price, the companies announced today. Founded in 2017, Tagomi combines institutional-grade services with superior execution technology for digital assets and cryptocurrencies. Pitched as empowering institutional investors and active traders to trade across markets, Tagomi takes trade orders and places them across multiple ...

Apple Inc. has acquired an Ontario, Canada-based machine learning company called Inductiv Inc. according to a report from Bloomberg. Although Apple didn’t officially confirm or deny the acquisition, it did say that it “buys smaller technology companies from time to time and we generally do not discuss our purpose or plans,” its standard nondenial response. ...

Shares of HP Inc. dropped more than 5% in after-hours trading after the computer maker delivered mixed results in its second-quarter earnings and offered a lower-than-expected outlook for its next quarter. For the quarter ended April 30, HP reported net revenue of $12.5 billion, down 11% from a year ago. The tech firm report a net ...

A new study released today says that while many companies are prepared to continue to support remote workers post COVID-19 pandemic, many are also not equipped to do so securely. The 2020 Remote Work Report from cloud security firm Bitglass Inc. analyzes how organizations have adjusted to support remote workers amidst the COVID-19 pandemic. The ...

Amazon.com Inc. is in advanced talks to acquire self-driving car startup Zoox Inc., according to a report from The Wall Street Journal. The valuation on the possible deal is said to be less than the $3.2 billion at which the company was valued as of its last round of funding in 2018, with an agreement ...

The International Red Cross is the lead signatory on a letter released today calling for an end to cyberattacks on healthcare and medical research facilities during the COVID-19 pandemic. The letter was initiated by the nongovernmental organization CyberPeace Institute and co-signed by 42 prominent people, including Microsoft Corp. President Brad Smith and former U.S. Secretary ...

Facebook Inc. today renamed Calibra, the digital wallet designed to work with its Libra cryptocurrency, to Novi. The move comes after the Libra Association announced in April that it was abandoning its original plan for Libra to be a single global currency to assist cross-border transactions in favor of a network of stablecoins tied to ...

Business software automation platform startup Baton Technologies Inc. announced today it has raised $10 million in new funding. The Series A round was led by Activant Capital and included Global Founders Capital and Hybris founder Carsten Thoma. Founded in 2019, Baton is a software as a solution provider with a platform designed to automate and manage the software ...

Cryptocurrency wallet providers Trezor (SatoshiLabs s.r.o.) and Ledger SAS are denying reports that they have been hacked and data stolen from their customers being offered for sale in the dark web. The hacking claim comes via data breach monitoring and prevention service Under The Breach, which claimed Sunday that data stolen from both companies is being offered by ...

Messaging startup Telegram Group Inc. has withdrawn an appeal against a U.S. Securities and Exchange Commission ruling that blocked its efforts to build the Telegram Open Network and associated Gram cryptocurrency. That Telegram decision to abandon its appeal comes after the company cited SEC opposition on May 12. According to Coindesk, Telegram filed a document Friday with ...