Text size MicroStrategy stock is sensitive to swings in the price of Bitcoin. Dreamstime MicroStrategy stock has surged in recent days amid a rally in cryptocurrency prices—but the shares have turned ...
Tag: Software
Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch – Exchanges Bitcoin News
Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted al...
Shopify Announces Changes in Top Leadership
Text size The company announced a 10% cut to its workforce in July. Dreamstime Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months af...
Coinberry’s Software Blunder Costs $3M in Bitcoin: Report
The Toronto-based crypto exchange Coinberry has reportedly lost around $3 million in Bitcoin due to a software glitch in 2020. It was during a software upgrade that erroneously enabled users to purcha...
Crypto Platform Coinberry Files Lawsuit Over Loss of 120 BTC in Software Glitch
Canadian-based cryptocurrency platform Coinberry has filed a lawsuit against 50 of its users who took advantage of a software glitch to withdraw about 120 BTC (worth approximately $3 million), the Fin...
Coinberry filed lawsuit to reclaim bitcoin lost during 2020 software glitch: Financial Post
Canadian cryptocurrency marketplace Coinberry claims it lost $3 million in bitcoin due to a software glitch and is seeking to reclaim the money back from customers, according to a report in the Financ...
Canadian exchange sues Binance after losing $3 million in software glitch
Coinberry, a cryptocurrency exchange based in Canada, recently filed a lawsuit blaming the largest exchange Binance for its losses during a software glitch two years ago, which wasn’t previously discl...
Coupa Software, GitLab and more
Employees assemble food containers on a production line at the Newell Rubbermaid factory in Mogadore, Ohio. Ty Wright | Bloomberg | Getty Images Check out the companies making headlines in extended tr...
Three Buy-rated software stocks that don’t deserve to crash anymore: Analyst
Investors are back to hating software stocks for the most part. The iShares Expanded Tech-Software Sector ETF is down 10% in the past month, badly underperforming the S&P 500, while several key co...
Rising Pressure on Profits Darkens Outlook for Tech Shares
Micron Technology is among the companies that have warned about softening PC demand. Courtesy Micron Text size In early summer, I wrote a Tech Trader column previewing the June quarter earnings season...
MicroStrategy’s Software Ops Is Working on Enterprise Solutions for Lightning, Saylor Says
“The advantage of Lightning is not just that you could scale up bitcoin for billions of people, or drive the transaction cost to nearly nothing, but also, the ethos of bitcoin is to go very carefully ...
Crypto mining malware hiding as legitimate software invades 112,000 PCs
Join Our Telegram channel to stay up to date on breaking news coverage Crypto mining malware has invaded hundreds of thousands of computers globally. The malware has been operating since 2019, and it ...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
GM’s Cruise recalls and updates self-driving software following crash
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images General Motors’ autonomous vehicle unit Cruise has recalled and updated s...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...
Will Drivers Pay Extra For Software Upgrades, New Features? Sure, If Automakers Choose Wisely
Moshe Shlisel is CEO of Israeli auto tech company GuardKnox, a specialist in cybersecurity. Photo: GuardKnox Automakers have high hopes for making what some auto industry experts call the “smartphoniz...
CrowdStrike Earnings and Guidance Beat Estimates
Text size CrowdStrike’s strong earnings and guidance are a boon for the cybersecurity-software sector. Michael Vi/Dreamstime CrowdStrike posted better-than-expected results for its fiscal second...
Nitrokod Crypto Miner Affected Around 111,000 Users With Clones of Popular Software
Nitrokod targeted over 111,000 users from 11 different countries. The crypto mining campaign attains motion in 2019 globally. A Turkish-based entity known as Nitrokod is alleged to actively part...
20 value stocks whose growth potential is overlooked by investors
After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this year, as rising interest rates apply pressure on equities. Below is a screen of large-cap value st...