US court agrees with SEC that Kik’s $100 million coin offering violated the law

A US district judge for the Southern District of New York has agreed with the Securities and Exchange Commission’s assessment that Kik’s $100 million initial coin offering (ICO) in 2017 was a securities sale. Judge Alvin Hellerstein has granted SEC’s...

Steven Segal settles with SEC over undisclosed bitcoin promotions

It seems that martial artist and actor Steven Seagal isn't above the law. In 2017, he touted the initial coin offering (ICO) for Bitcoiin2Gen (B2G), a digital currency that sounded shady right from the start. Seagal didn't disclose the fact that he w...

VW and its former CEO charged with defrauding investors in diesel scandal

The US Securities and Exchange Commission (SEC) announced that it is charging Volkswagen and its former CEO Martin Winterkorn for defrauding US investors during the company's "Dieselgate" scandal. The agency accused the company and its top executive...

SEC fines Lions Gate $7.5M related to Icahn spat


WASHINGTON (AP) — The Securities and Exchange Commission levied a $7.5 million fine against movie studio Lions Gate Entertainment Corp. for failing to properly disclose its role in a complex debt-...

Best- And Worst-Performing Cloud Computing Jan Stocks


The five highest performing cloud computing stocks year-to-date in the Cloud Computing Index are  Juniper Networks (NYSE:JNPR), Fusion-IO (NYSE: FIO), F5 Networks (NASDAQ:...

Will Overstock Force IRS To Make Up Its Mind About Bitcoin?


Overstock raised eyebrows earlier this month when the retailer announced it would accept Bitcoin as payment. While Bitcoin has slowly been making inroads into the U.S. economy, Overstock is by far...
    






Best- And Worst-Performing Cloud Computing Stocks Jan. 6 To Jan.10 And Year-to-Date: Tracking Veeva Systems


The five highest performing cloud computing stocks year-to-date on the Cloud Computing Index are Qualys (NASDAQ: QYLS), Riverbed Technology (NASDAQ:RVBD), Workday (NYSE:WDAY), Juniper Networks (NYSE:...
    






Former Northrop CEO Thomas Jones dies at 93


Thomas Jones, 30-year CEO of Northrop who led company to top, dies at 93 LOS ANGELES (AP) — Thomas V. Jones, who was Northrop Corp.'s chief executive officer for 30 years and took it to...