J.P. Morgan Chase Chairman and CEO Jamie Dimon is back pedaling a bit on his earlier criticisms on cryptocurrencies. Dimon said in September bitcoin was a “fraud” but said on Tuesday he regretted making that comment. “The blockchain is real,” Dimon told Fox Business on Tuesday. “You can have cryptodollars in yen and stuff like […]

Microsoft said on Tuesday it had suspended patches to guard against Meltdown and Spectre security threats for computers running AMD chipsets after complaints by AMD customers that the software updates froze their machines. Microsoft said in a support blog that it was working with AMD to resolve the issues and would resume Windows operating system […]

Huawei confirmed Tuesday that it will not sell its flagship Mate 10 Pro smartphone in the U.S. via AT&T, but told CNBC that it would still release “new products” in America. In a statement to Reuters on Tuesday, Huawei said that the U.S. market presents “unique challenges” and that the Mate 10 Pro will not […]

Chinese ride-hailing giant Didi Chuxing will launch a bike-sharing service via its app, jumping into a highly-saturated market, the company announced Tuesday. Didi will integrate rival bike-sharing companies into its app, including Ofo, one of the largest in China. But the company, which bought out Uber’s business in China in 2016, said it would also […]

The cryptocurrency market will strengthen after bitcoin alternatives that lack substance have failed, a former chief executive and co-founder of Ethereum said. “My personal opinion is that we’re going to see a consolidation after a crash,” Charles Hoskinson told CNBC in an interview Friday. Hoskinson now runs blockchain research firm IOHK, but was previously in […]

China’s burgeoning financial technology industry went through plenty of ups and downs last year, but growing pains experienced in the sector aren’t fazing one local player. Growth in the fintech space — which encompasses everything from peer-to-peer lending to insurance technology (insurtech) — has been rapid. And that’s been on top of a sector that […]

Intel CEO Brian Krzanich said Monday the chip maker expects to issue updates to all of its processors released in the last five years before the end of January. The announcement followed the disclosure of massive security vulnerabilities last week that affect Intel chips. “For our processors, products, introduced in the past five years, Intel […]

Two U.S. companies shelved proposals to launch bitcoin exchange-traded funds, citing ongoing concerns by the Securities and Exchange Commission (SEC), filings showed on Monday. Staff at the regulatory agency “expressed concerns regarding the liquidity and valuation” of futures contracts based on the digital asset, according to one of the filings. The move adds a new […]

Facebook said that Chinese smartphone maker Xiaomi will make the hardware for the upcoming Oculus Go virtual-reality headset. “Xiaomi is our hardware partner for launching Oculus Go globally,” Hugo Barra, a former Xiaomi executive who was hired by Facebook a year ago, said on Monday. Xiaomi is also building a product called the Mi VR […]

Google typically keeps a low profile at CES. Not this year. As techies swarm Las Vegas for the annual Consumer Electronics Show, the world’s biggest internet company is squarely out to capture their attention. It’s created a giant “playground” in the parking lot of one of the convention centers, complete with a slide and a […]