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Telegram founder Pavel Durov under formal investigation with bail set at $5.56 million, prosecutor says

By Chris Liakos and Rob Picheta, CNN Paris (CNN) — Telegram founder Pavel Durov is under formal investigation and will not be allowed to leave France, a French prosecutor said in a statement released Wednesday night. The Russian-born billionaire is being investigated for several suspected offenses related to criminal activity on the platform, including complicity

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CrowdStrike puts its initial tab after causing a global computer outage at $60 million. It’s a fraction of the hit claimed by clients

By Chris Isidore and Brian Fung, CNN New York (CNN) — Cybersecurity firm CrowdStrike said that in the wake of a massive computer outage it caused last month it will give customers about $60 million in credits to remain with the company, possibly a mere fraction of the damages those clients say they incurred. The

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