Skip to Content

Money

Bitcoin soars past $33,000, its highest ever

Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued at above $33,000, an all-time high. Bitcoin has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the pandemic. Investors have been drawn

Continue Reading

Microsoft says hackers viewed its source code

Microsoft said Thursday that the suspected Russian hackers behind a massive US government security breach also viewed some of the company’s source code. The unauthorized access does not appear to have compromised any Microsoft services or customer data, the company said in a blog post. But an investigation showed that the attackers took advantage of

Continue Reading

Another 787,000 Americans filed first-time claims for jobless benefits last week

Another 787,000 Americans filed first-time claims for jobless benefits during the Christmas week, factoring in seasonal adjustments, the Labor Department reported Thursday. It marked a decrease from the prior week and was slightly better than economists had predicted. Even so, claims were still three-and-a-half times higher than in the same period last year. Overall, unemployment

Continue Reading

Ticketmaster to pay $10 million in fines after admitting to illegally accessing competitor’s computers

Ticketmaster entered into a plea agreement with federal prosecutors in Brooklyn, New York and will pay $10 million in fines to resolve charges that it accessed the computer systems of a competitor without authorization. “Ticketmaster employees repeatedly — and illegally — accessed a competitor’s computers without authorization using stolen passwords to unlawfully collect business intelligence,”

Continue Reading