Coinbase suffers outages amid bitcoin surge

(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels.

MolinaHealthcare.com Exposed Patient Records

Earlier this month, KrebsOnSecurity featured a story about a basic security flaw in the Web site of medical diagnostics firm True Health Group that let anyone who was logged in to the site view all other patient records. In that story I mentioned True Health was one of three major healthcare pr...

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MolinaHealthcare.com Exposed Patient Records

Earlier this month, KrebsOnSecurity featured a story about a basic security flaw in the Web site of medical diagnostics firm True Health Group that let anyone who was logged in to the site view all other patient records. In that story I mentioned True Health was one of three major healthcare pr...

Continue reading

Japan lender Mizuho to launch fintech venture

TOKYO (Reuters) - Japan's Mizuho Financial Group will start a venture next month to create new businesses using "fintech," an executive said, joining a global race in financial technology that threatens to unsettle traditional players.

Global chat platform Kik to launch digital currency

NEW YORK (Reuters) - Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services.

Some Uber and Lyft riders are giving up their own cars: Reuters/Ipsos poll

SAN FRANCISCO (Reuters) - Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around.

Facebook founder Mark Zuckerberg returns to Harvard as commencement speaker

CAMBRIDGE, Mass. (Reuters) - One of Harvard University's most famous dropouts, Facebook Inc founder Mark Zuckerberg, returns on Thursday to the Ivy League school to address its graduating class.

Google's Alpha Go beats Chinese master again to clinch series win

SHANGHAI (Reuters) - Google's artificial intelligence program, AlphaGo, beat Chinese Go master Ke Jie for a second time on Thursday, taking an unassailable 2-0 lead in a best of three series meant to test the limits of computers in taking on humans at complex tasks.

Newly discovered vulnerability raises fears of another WannaCry

SINGAPORE (Reuters) - A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected more than 300,000 computers worldwide, cybersecurity researchers said on Thursday.

China's Lenovo fourth-quarter profit falls 41 percent, beats estimates

HONG KONG (Reuters) - China's Lenovo Group Ltd , the world's largest personal computer maker, on Thursday posted a 41 percent drop in fourth-quarter profit at a time of sluggish PC demand.

India's Infosys touts plan to hire Americans in face of visa pressures

SAN FRANCISCO (Reuters) - Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company's annual leadership meeting in San Francisco.

Brazilian ride-hailing app 99 raises $100 million from SoftBank

SAO PAULO (Reuters) - Japan's SoftBank Group Corp agreed to invest $100 million in Brazilian ride-hailing app 99, the startup said on Wednesday, capping off a fund-raising round totaling more than $200 million.

Exclusive: Facebook signs BuzzFeed, Vox, others for original video shows - sources

NEW YORK (Reuters) - Facebook Inc has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources ...

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Exclusive: Wannacry hits Russian postal service, exposes wider security shortcomings

MOSCOW (Reuters) - Russia's postal service was hit by Wannacry ransomware last week and some of its computers are still down, three employees in Moscow said, the latest sign of weaknesses that have made the country a major victim of the global extortion campaign.

Bitcoin soars above $2,400 to all-time high

(Reuters) - Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

Germany says makes progress with China on electric car quotas

BEIJING (Reuters) - Germany has made good progress with China on how to introduce quotas aimed at producing more electric vehicles, Foreign Minister Sigmar Gabriel said on Wednesday, adding that more details needed to be worked out.

Transaction app Alipay launches first non-yuan version in Hong Kong

HONG KONG (Reuters) - Chinese online and mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options.

Israel takes on UberNight in latest legal battle for Uber

JERUSALEM (Reuters) - Uber faces a legal challenge in Israel, adding to the list of places where it is under scrutiny, after the country alleged unauthorized drivers were illegally paid using its network for a new car pooling app the company is piloting.

Japan's SoftBank to appoint heads of overseas units as board members

TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it plans to appoint heads of key overseas subsidiaries to the group's board of directors, as the Japanese firm's business focus moves away from its domestic market.

Microsoft to buy cyber security firm Hexadite for $100 million: report

JERUSALEM (Reuters) - Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.