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Coinbase Announces Cryptocurrency-Focused Index Fund

In an interview with CNBC on its “Fast Money” segment, Coinbase’s President and COO Asiff Hirji said the digital-currency platform would launch a cryptocurrency-focused index fund. Details are scarce but Hirji said it will be intended to give retail investors broad exposure to virtual currencies, and would be targeted to accredited investors on Day 1. He also said the index ... Read More »

Google Is Selling Off Zagat

An anonymous reader quotes a report from TechCrunch: Seven years after picking up Zagat for $151 million, Google is selling off the perennial restaurant recommendation service. The New York Times is reporting this morning that the technology giant is selling off the company to The Infatuation, a review site founded nine years back by former music execs. The company had ... Read More »

Spyware Seller Shuts Down After Hack

An anonymous reader writes: Retina-X, a company that sells spyware or ‘stalkerware’ for everyday users has ceased operations after yet another hack. Retina-X sells a handful of apps that monitor computers and cellphones. These are marketed to parents and employees but also used by abusive or jealous partners. Read more of this story at Slashdot. Read More »

Uber Spent $10.7 Billion in Nine Years. Does It Have Enough to Show for It?

An anonymous reader shares a report: What makes Uber Technologies the most valuable venture-backed technology company in the world? Investors say size and growth. The business is transforming global transportation networks. On closer inspection of its financial performance, Uber also pioneered a very expensive way of establishing a market and staying on top. Uber has had little trouble finding investors ... Read More »