Cuomo Points to Tech Companies After New York Bombing Attempt published on December 12th, 2017 at 01:31 PM The immigrant who tried to set off a bomb strapped to his body in one of New York City’s busiest transit hubs Monday morning downloaded information from the internet on how to build such a device, according to New York Gov. Andrew Cuomo.
Atos Makes $5 Billion Offer to Buy Gemalto published on December 12th, 2017 at 01:31 PM French IT services firm Atos is making an unsolicited bid to buy smart-card maker Gemalto—part of a wave of deals in the payment space as rivals join forces to cut costs.
High-Tech Hedge Fund Hits Limits of Robot Stock Picking published on December 12th, 2017 at 01:31 PM Voleon is among funds deploying machine learning, a technology in which computers develop trading strategies. It’s harder than it sounds, given that markets are noisy and clients often want a better understanding of how their money is being invested.
Apple Acquires Shazam and Its Song-Recognition App published on December 12th, 2017 at 01:31 PM Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.
U.S. Bitcoin Futures Climb in First Day of Trade published on December 11th, 2017 at 01:31 PM Trade in the first bitcoin futures sparked a swift run-up in the price of the digital currency, while the exchange provider’s website experienced outages from heavy traffic.
Startup Affirm Nears $2 Billion Valuation After Investment published on December 11th, 2017 at 01:31 PM Financial-technology startup Affirm Inc. said Monday that it raised $200 million in new equity as it battles larger players getting into its core business of lending to consumers for retail purchases.