Several bitcoin exchanges including the now-defunct Mt. Gox received subpoenas from Manhattan federal prosecutors this winter as they look into possible ties between the exchanges and the online drug market Silk Road, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Sectors
India's Flipkart buys fashion portal as Amazon spurs consolidation
Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.
Leading Boutique Investment Bank Marlin & Associates Names Jason Panzer as Chief Operating Officer
Marlin & Associates Securities LLC (M&A), the boutique investment banking and strategic advisory firm, announced that, effective today, Jason Panzer has been named to the newly created position of Chief Operating Officer.
Spotify says global paid subscriber base reaches 10 million
Online music streaming service Spotify said on Wednesday its global paid subscriber base had swelled to 10 million as speculation mounts the Swedish start-up could be gunning for a share listing.
Exclusive: Facebook to expand video ads to seven countries outside U.S.
Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.
Latest News
When Americans voted to renew President Barack Obama's lease on the White House in November 2012, more than 9 million citizens took to Facebook to click the "I'm a Voter" button, showing their online friends that they had cast a ballot.
China has banned government use of Windows 8,Microsoft Corp's latest operating system (OS), in a blow to the U.S. technology company which has long been plagued by sales woes in the country.
Facebook Inc is developing its own video-chat app, known internally as Slingshot, after its failed attempt to acquire mobile messaging startup Snapchat, the Financial Times reported on Sunday.
Google Inc was said to be in talks to acquire video-streaming service Twitch, according to a report in The Wall Street Journal on Sunday.Officials at Google and Twitch declined to comment on the matter.
China's top search engine Baidu Inc has hired GoogleInc's former artificial intelligence (AI) chief Andrew Ng to spearhead research in a field that promises to show Internet companies how to maximize use of their vast data trove.
Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards based on various themes such as...
T-Mobile U.S. Inc and Univision Communications Inc announced on Thursday they will launch a wireless service targeted at Hispanic Americans, the latest innovative marketingattempt by the fourth-largest mobile carrier in the United States.
Sony Music Entertainment, a unit of Sony Corp, has invested $3 million in music-recognition application maker Shazam Entertainment, a source familiar with the matter said.
U.S. telecommunications regulators will vote on Thursday on whether to formally propose new "net neutrality" rules that may let Internet service providers charge content companies for faster and more reliable delivery of their traffic to users.
