Bitcoin mining giant Bitmain says it booked $700 million first-half profit as it files for IPO

Plans Hong Kong debut

Bitmain Technologies, the largest digital currency mining company in the world, released its first public financial statements to the Hong Kong Stock Exchange, confirming its intention to go public.

The document is the first look into the company’s financial situation and showed the Beijing-based giant racked up $2.8 billion in revenue in the six months ending June 2018, a 10-fold increase from the same period in 2017.

Google CEO will meet top Republican lawmakers for talks on Friday

Private session set in wake of claims of bias against conservatives in search results, work with China

Google Chief Executive Sundar Pichai plans to appear at a private meeting of top GOP lawmakers on Friday and again at a public hearing this year, responding to new scrutiny of the company’s work with China, its market power and alleged bias against conservatives in its search results.

Microsoft’s stock closes at record as security moves seek to shake up cloudscape

Stock has increased 116% since 2015 security R&D announcement

Microsoft Corp. shares closed at a record high as the tech giant broadened its profile as a secure cloud vendor on Monday, using its annual IT conference to announce several security initiatives designed to woo enterprises to its Azure public cloud platform and away from rivals Amazon.com Inc. and Alphabet Inc.

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