The head of the failed Japan-based bitcoin exchange Mt. Gox was arrested in Tokyo on Saturday on suspicion of inflating his cash account by $1 million, authorities said.
Mark Karpeles, 30, is suspected of accessing the exchange's computer system in February 2013 and inflating his account, Japanese police said. If found guilty, the France-born Karpeles could face up to five years in prison, or a fine...Read more
A move from transit-rich New York to car-crazy Los Angeles prompted Manuela White to spend more than $17,000 on a used Toyota Corolla sight unseen with just a click on her laptop.
White, 25, purchased her car from Beepi, which along with start-ups that include Carvana, Shift, Vroom and others is creating a new digital business model selling and buying used cars. They provide a virtual showroom and...Read more
When Mark Zuckerberg posted a Facebook status on Friday announcing that he and his wife, Priscilla Chan, were expecting a baby, it went viral, as expected.
But the Facebook chief executive also revealed an unexpected blue note: His wife had three miscarriages in trying to have a child.
In describing their loss, the 31-year-old Zuckerberg emphasized his hope to turn social networks into spaces where...Read more
Luxe Valet is best known for helping people find parking. Soon, it will also be known for driving people and their cars home.
The San Francisco company is launching Drive Home in Los Angeles on Aug. 6, a service where a valet drives a customer home in their own vehicle after a night out.
“The idea for it came from thinking about the issue of drunk driving and how we could be part of that solution,”...Read more
Google said Thursday it would not comply with a French privacy regulator’s order to enact the “right to be forgotten” across non-European versions of the site.
In Europe, Google must remove search listings about individuals if they can prove the links reveal out-of-date or inflammatory content about them, under a European Union court ruling from last year.
European versions of the search engine --...Read more
HTC Corp. announced it is putting about $10 million in WeVR, a Venice start-up that’s building software to create, transmit and play virtual-reality content on a range of devices. The deal gives HTC a 15% stake in the company.
With HTC’s smartphone business plummeting, Chief Executive Cher Wang has pegged virtual reality as a transformative technology and potentially the company’s next big market....Read more