Gamers can no longer pay with bitcoin on the gaming platform Steam. Steam, which is owned by developer Valve Corporation, said in a blog post Wednesday that it could no longer support the virtual currency because of its “high fees” and “volatility”. “In the past few months we’ve seen an increase in the volatility in […]

Hackers may have gotten away with $60 million worth of bitcoin after a cyber attack hit the cryptocurrency mining platform NiceHash. Users highlighted the cyber breach on Reddit and Twitter Wednesday, with some saying they could lose hundreds of dollars. NiceHash lets people offer computing capacity for bitcoin miners to mine digital currencies. Cryptocurrency miners […]

Media giant Time Inc.’s acquisition by Meredith is key to boosting its digital business, offering it a fighting chance against “giant tech monsters” like Facebook and Google, the company’s chief content officer, Alan Murray, said Thursday. The $2.8 billion deal, backed by an affiliate of billionaire brothers Charles and David Koch, was announced in November. […]

Just months after Ford cancelled plans to build a plant in Mexico and not move some vehicle production south of the border, the automaker says it plans to shift future production of an electric vehicle from Michigan to Mexico. The move is part of a larger plan to free up production space at the automaker’s […]

A 20-year-old Florida man was responsible for the large data breach at Uber Technologies last year and was paid by Uber to destroy the data through a so-called “bug bounty” program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters. Uber announced on Nov. 21 that the personal […]

The recent weakness in tech stocks made many investors question the true strength of cloud stocks, but not CNBC’s Jim Cramer. “The answer from pretty much everyone in the industry is the same. It’s simple: the idea that the cloud has reached saturation is absurd,” the “Mad Money” host said. “If anything, given the prevalence […]

When “momentum stock” Autodesk lost its mojo after a less-than-perfect quarter, CNBC’s Jim Cramer knew he had to take another look at the software company’s business to vet the decline. Autodesk, which makes computer-aided design software for an array of industries from architecture to entertainment, posted a small earnings beat on Nov. 28. Cramer didn’t […]

This profile is part of the inaugural Recode 100, a list of the people who mattered in tech, business and media in 2017. Read the full list here. Feb. 19, 2017, was Uber’s day of reckoning. The $69 billion ride-hailing company, which for years had operated as a freewheeling and rapacious startup with billions in […]

Okta had a clean beat across the board for its third quarter earnings Wednesday, sending its stock up by as much as four percent in after hours trading. Here are the most important numbers: Revenue: $68.2 million vs. $62.8 million estimated, according to Thomson Reuters EPS: 19 cent loss vs. 24 cent loss estimated, according […]

Amazon‘s Alexa voice technology is helping consumer brands sell more, according to a recent study, underscoring its potential as a major marketing platform. The study, run by Linc Global, shows that Echo owners increased their purchases of consumer products, like diapers, by 13.5% in the third quarter of 2017, up from the 7.5% jump seen […]