The bitcoin offshoot surged Saturday to a record high in high trade volume, helped by strong demand from South Korea and digital currency “miners” who found the offshoot more profitable to mine. Bitcoin cash, an alternative version of bitcoin launched by a minority of developers on Aug. 1, climbed 44 percent to $996.92, according to […]
Read moreBoxed CEO Chieh Huang says the company’s biggest challenge in its early days was not having enough manpower. “When we used to have those deluge of orders, we used to empty the entire corporate office, get a bus, and bring them here to the fulfillment center,” Huang says. Boxed packages and ships bulky items to […]
Read moreCurrency, United States Finance
Finnish police say arrested four other Moroccan men over links to stabbings
Finnish police said they has arrested four other Moroccan men over their possible links to the man suspected of killing two and wounding eight in Friday’s knife attacks. The police added in a news conference that the attacker, who had arrived in Finland last year, seemed to have chosen women as his targets. Finnish broadcaster […]
Read moreSpanish police were on Saturday searching for the driver of a van that ploughed into a crowd in Barcelona, killing 13 people, in one of two deadly attacks in Catalonia carried out by a network of suspected Islamist militants. The van driver has yet to be identified, police in the northeastern Spanish region said late […]
Read moreStocks are technically weakened, and traders are hoping to get past the Fed’s Jackson Hole symposium at the end of the week without any new bombshells. There is little data in the coming week, with just home sales data Wednesday and Thursday and durable goods Friday. Earnings season is over, so the focus will remain […]
Read moreWal-Mart has applied for a U.S. patent for a warehouse in the sky, which could make deliveries to shoppers’ homes by way of drones. This could be the big-box retailer’s latest move to take its e-commerce business to the next level. Bloomberg first reported the news Friday, while the patent was first submitted in February. […]
Read moreThe bitcoin offshoot, bitcoin cash, soared Friday after indications the alternative digital currency could achieve its goal of speeding up transactions. Bitcoin cash rose 40 percent from Thursday’s close of $460.53 to briefly hit $655 Friday afternoon, according to CoinMarketCap. That’s the highest since bitcoin cash touched $756.93 on Aug. 2, the day after bitcoin […]
Read moreA leaked memo written by the president of a conservative lobbying group shows how the right could attack Facebook, Google and Twitter over alleged political bias, according to a new report in Axios. The report highlights a brewing battle over how much control internet providers and platforms should have when it comes to unpopular political […]
Read moreIn China, teenagers can purchase a fake ID online for as little as $2. Is it for buying booze? Subverting the state? Many simply want to play a game on their phones. More than 200 million people in China play Honor of Kings, the social media-focused app that has become the biggest moneymaking smartphone game […]
Read morePiracy is a long-running and even routine issue for Hollywood, whether it’s street vendors hawking bootleg DVDs on street corners or video uploaded to file-sharing sites like Pirate Bay. Now cybercriminals are also putting embarrassing chatter and other company secrets at risk. The reputational risk from leaked email is much more difficult to calculate than […]
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