Bitcoin’s seemingly unstoppable rally has just been given new impetus. According to Bloomberg, the cryptocurrency extended its surge by 10 percent to a record-high $2,690, bringing gains this year to 182 percent, after an agreement to upgrade the speed of processing transactions.
The U.K. government urged social-media platforms such as Facebook and Twitter to tackle terror posts on their sites as it reinforced its demand to allow access to encrypted messages, according to Bloomberg.
German consumers were still highly confident in May of this year, providing reliable support to the economy. This was reflected in heightened expectations of the economy and income. Propensity to buy fell slightly, but still remained at a high level.
Nearly seven years after its launch, Instagram has yet to completely catch on with internet users in France. But adoption has been growing by double digits annually and will continue to do so for the next few years.
Microsoft unveiled a new version of its Surface Pro tablet and laptop combination device with more powerful chips and better battery life, updating an aging product with declining sales that hurt financial results last quarter, according to Bloomberg.
Toshiba could begin the process to sell a majority stake in Westinghouse this fall as the U.S. company makes its way through a bankruptcy proceeding, according to Bloomberg, citing Westinghouse’s CEO Mark Marano.
When a wave of ransom-requesting cyber attacks hit computers across the globe, Leonardo cyber-security experts had already warned clients that a larger-than-usual strike was about to hit. Now, the company is set to roll out a new weapon against hackers, according to Bloomberg.
Israel’s Transport Ministry issued an indictment in a Tel Aviv court against Uber, saying it allegedly picked up passengers for a fee without a government license, according to Bloomberg, citing a ministry statement.
An effort to transform how businesses work by using blockchain technology added new members from multiple industries as Toyota, Merck, State Street and other companies joined industry group the Enterprise Ethereum Alliance, according to Bloomberg.
Facebook created a rule book for moderators to use when censoring the posts of its nearly 2 billion users, responding to global criticism for failing to prevent the circulation of images of violence, sex, hate speech and other controversial material, according to Bloomberg, citing The Guardian report.
Peach Aviation will become the first Japanese carrier to accept bitcoin as payment for airline tickets as the discount airline aims to attract more tourists from other parts of Asia, according to Bloomberg.
SoftBank and Saudi Arabia formally announced the first round of capital commitments for the largest-ever technology investment fund, as founder Masayoshi Son seeks to accelerate his financing of cutting-edge technologies and startups, according to Bloomberg.
The trans-Atlantic flight could soon become a gadget-free zone if U.S. officials press forward with a security ban on laptop computers and other larger electronic devices on airline flights from Europe, according to Bloomberg.
Uber, under pressure from a court order in its battle with Alphabet over driverless technology, threatened to fire the engineer accused of taking files from his former employer if he doesn’t help the company obey the judge’s requests, according to Bloomberg.
Cisco gave a disappointing sales forecast that underscores the challenges facing its multibillion-dollar hardware business during an industry shift toward cheaper, software-based networking, according to Bloomberg.
Apple plans to announce an update to its laptop lineup at an annual conference for app developers in early June, a move that could help offset new competition from Microsoft as well as declining iPad sales, according to Bloomberg.
Uber drivers have been complaining that the gap between the fare a rider pays and what the driver receives is getting wider. After months of unsatisfying answers, Uber is providing an explanation: It’s charging some passengers more because it needs the extra cash, according to Bloomberg.
Broadcom and a group led by KKR are emerging as the two leading bidders for Toshiba’s semiconductor unit as of today's deadline for second-round offers, according to Bloomberg, citing people familiar with the matter.
WikiLeaks founder Julian Assange moved closer to freedom after Swedish prosecutors moved to drop a rape investigation against him, leaving the door open for him to emerge from his self-imposed exile in a London embassy, according to Bloomberg.
One week ago a global cyberattack, dubbed “unprecedented” by Europol, began infecting an estimated 200,000 of the world’s computers, starting a seven-day countdown to the destruction of data if victims didn’t pay a ransom, according to Bloomberg.
Google’s artificial intelligence-based voice Assistant is on more than 100 million devices now, and the company is leveraging a longtime competitor to expand the technology to even more people, according to Bloomberg.
Google is making another go at getting cheap Android phones to support its latest software, an attempt to lock more consumers in the developing world into the internet giant’s services, according to Bloomberg.
Twitter and Facebook, along with broadband providers like BT and Liberty, may face a new tax in the U.K. should Prime Minister Theresa May’s Conservatives get re-elected as polls suggest on June 8, according to Bloomberg.