Mobile Minutes: Venmo underground; Intel acquires Mobileye; Bitcoin miners revolt; Miscue challenges Amazon
By Staff reports
March 14, 2017
The PayPal-owned app has unexpectedly created a social culture, and many of the thorny problems that come with one.
Intel Corp (INTC.O) agreed to buy Israeli self-driving technology firm Mobileye (MBLY.N) for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp (NVDA.O) and Qualcomm Inc (QCOM.O) to develop driverless systems and components for global automakers.
You may not know it by looking at bitcoins recent price surge, but the infrastructure underpinning the worlds most popular virtual currency is teetering.
SEATTLE There have been many opportunities to consider how crucial Amazon has become to the smooth operation of the internet over the past few years.