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Updated: 1 year 19 weeks ago

First Futures Contract to Pay Out in Bitcoin Poised for Green Light

Thu, 12/20/2018 - 16:00
The first futures contract that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval.

SoftBank's Biggest Backers Balk at Planned $16 Billion Acquisition of WeWork

Thu, 12/20/2018 - 15:04
Key investors in SoftBank’s giant tech fund have balked at a planned $16 billion investment in co-working startup WeWork, leaving SoftBank Chief Masayoshi Son to find an alternative as his ambitions hit up against the limits of his financial firepower.

Apple Pushes Out Software Update to Avoid China iPhone Ban

Thu, 12/20/2018 - 10:52
Apple sought to avoid a ban on the sale of older iPhones in China by releasing a software update that some lawyers say could allow the company to keep selling those products in the world’s largest smartphone market.

House Passes Bill Spurring Quantum Computing

Thu, 12/20/2018 - 06:25
The House voted 348-11 for a bill speeding U.S. development of quantum computing, an emerging technology with potentially revolutionary uses. President Trump is expected to sign the measure.

Beware the Big Tech Backlash

Thu, 12/20/2018 - 04:25
The public flogging this year of Big Tech over misinformation, censorship, and data abuse might be gratifying, but it might not fix, and in fact might worsen, the underlying problem: an absence of competition.

D.C. Attorney General Files Privacy Suit Against Facebook

Thu, 12/20/2018 - 03:58
The District of Columbia attorney general filed suit against Facebook, alleging the company “failed to protect the privacy of its users” in the Cambridge Analytica scandal.

Pinterest Prepares for Early 2019 IPO

Thu, 12/20/2018 - 03:37
Pinterest is actively preparing for an IPO that could come as soon as April, joining a line of tech companies ramping up plans to go public.

Room for Improvement? New Hotelier Tests an Algorithmic Pricing System

Wed, 12/19/2018 - 23:45
With its first hotel in Miami, the boutique lodging operator Life House is experimenting with a pricing system that uses an algorithm to set a different room rate and tailor promotions for each guest based on a variety of personal information.

U.K. Court Upholds Ruling Granting Uber Drivers Worker Rights

Wed, 12/19/2018 - 23:16
Uber Technologies faces higher labor costs in the U.K. after a court upheld a ruling that granted the company’s drivers a type of employment status.

Square Revives Request to Start a Bank

Wed, 12/19/2018 - 23:07
Square plans to refile paperwork with state and federal regulators to open a wholly owned bank in Utah, as the financial-technology firm seeks to offer loans, deposit accounts and prepaid cards to small businesses.

Inside Musk's Tunnel to Fix 'Soul-Destroying' Traffic

Wed, 12/19/2018 - 21:31
Elon Musk took a breather from his electric-car company and rocket maker to showcase his grand vision for a network of tunnels that can shuttle electric cars underground at high speeds.

SoftBank Unit's Debut Is One of Japan's Worst, After $24 Billion IPO

Wed, 12/19/2018 - 17:45
Shares of SoftBank Group’s Japanese mobile-phone unit closed nearly 15% below the initial offering price as investors worried about a price war and the company’s reliance on Chinese supplier Huawei Technologies.

Elon Musk's SpaceX Is Raising $500 Million in Funding

Wed, 12/19/2018 - 16:29
Elon Musk’s rocket company, Space Exploration Technologies, is set to raise $500 million at a $30.5 billion valuation, in a bid to help get a satellite-internet service off the ground.

'It's Been a Rout': Apple's iPhones Fall Flat in World's Largest Untapped Market

Wed, 12/19/2018 - 16:28
Global smartphone sales are flattening, which is why Apple and others are looking to India and its millions of newly minted consumers for growth. Yet the tech giant’s market share is falling, revenue is coming in well below expectations and its top leadership ranks are in turmoil.

How Scammers in China Manipulate Amazon

Wed, 12/19/2018 - 15:01
Chinese sellers resort to a wide range of cunning techniques to manipulate product listings on Amazon and boost sales. WSJ’s Jon Emont investigates the fraudsters’ strategies and explains how consumers can detect sham listings.

Micron Cuts Plans for Spending, Chip Production

Wed, 12/19/2018 - 07:33
The memory-chip maker’s profit rose 23% in the most recent quarter, but a tepid outlook on earnings sent the stock down 9% in after-hours trading.

Micron Brings Back Painful Memories

Wed, 12/19/2018 - 07:14
In keeping with the Christmas spirit, Micron just delivered investors a lump of coal—one that looks likely to last well into the new year.

Tech Unicorns Are Going Public at Near-Record Pace

Wed, 12/19/2018 - 03:53
The number of companies valued at $1 billion or more at the time of their initial public offerings is expected to rise next year.

A New Way to Blast Your Old Mixtapes

Wed, 12/19/2018 - 03:15
Crosley’s faithful replica of a vintage cassette deck lets you indulge in the staticky joy of favorite compilations from the past.

Trump Directs Pentagon to Set Up a Space Command

Wed, 12/19/2018 - 02:58
President Trump directed the creation of a new U.S. Space Command but stopped short of his more ambitious plans for a new “Space Force” as a sixth branch of the military.