Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta’s shares plunged about 13% in extended trading after the announcement. The all-stock deal equals about 21% of Okta’s market cap as of Wednesday’s close. Okta said it expects…
Tag: identity
Microsoft’s Dream of Decentralized IDs Enters the Real World
For years, tech companies have touted blockchain technology as a means to develop identity systems that are secure and decentralized. The goal is to build a platform that could store information about official data without holding the actual documents or details themselves. Instead of just storing a scan of your birth certificate, for example, a decentralized ID platform might store a…
What is a quasar?
A quasar is an extremely bright and distant point-like source visible to radio telescopes. The source is a so-called Active Galactic Nucleus, fueled by a supermassive black hole. Source: https://earthsky.org/astronomy-essentials/definition-what-is-a-quasar…
Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin’s Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin’s creator, Satoshi Nakamoto — the pseudonym used by the person or group of people who created bitcoin. From a report: If the identity of the creator was revealed, it could…
Hidden ‘madman’ message on ‘The Scream’ traced back to Munch himself
Experts have long debated the identity of the inscriber, with some suggesting a dissatisfied vandalizer is the author, while others pointed fingers at the Norwegian painter himself. Source: https://www.livescience.com/scream-inscription-written-munch-himself.html
Dogecoin Has a Top Dog Worth $2.1 Billion
The dogecoin market has a pack leader. From a report: Records show that a person, or entity, owns about 28% of all of the cryptocurrency in circulation — a stake worth about $2.1 billion at current prices [Editor’s note: the link may be paywalled; alternative source]. The holder’s identity isn’t known, which is common in the opaque world of digital currencies….
Why Does the Apple TV Still Exist?
Apple commentator Jason Snell writes: Why does this product still exist, and is there anywhere for it to go next? Gruber and Thompson [two other columnists] suggest that perhaps the way forward is to lean into an identity as a low-end gaming console. Maybe amp up the processor power, bundle a controller, and try to use Apple Arcade to emphasize that…
Darknet Crypto Kingpin JokerStash Retires After Illicit $1 Billion Run
The kingpin or kingpins of the world’s biggest illicit credit card marketplace have retired after making an estimated fortune of over $1 billion in cryptocurrency, according to research by blockchain analysis firm Elliptic shared with Reuters. From the report: The “Joker’s Stash” marketplace, where stolen credit cards and identity data traded hands for bitcoin and other digital coins, ceased operations this…
Germany To Let Citizens Store ID Cards On Smartphone
Germany says its citizens will be able to use smartphones to store their government-issued ID cards and prove their identity online. The Associated Press reports: The Interior Ministry said Wednesday that from this fall, citizens will be able to use the electronic ID stored in their smartphones together with a PIN number to prove they are who they claim to be…
Reddit User Claiming To Be Tesla Insider Appeared To Reveal Bitcoin Buy a Month Ago
A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. Reuters reports: The post here received little attention when it appeared, with the date on it reading Jan. 2, but it…