Mobile bank N26 sees customers tripling within two years: CEO

LONDON (Reuters) - The smartphone-based bank N26 expects to peel away 5 to 10 percent of retail customers from established banks in its core continental European market in the next two to three years, its chief executive told Reuters.

BP, Shell lead plan for blockchain-based platform for energy trading

(Reuters) - A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday.

Wells Fargo launches robo-adviser to target new investors

(Reuters) - Wells Fargo Inc on Monday launched a new robo-adviser to give first-time investors a low-cost option to invest, joining other financial firms in the hunt for tech-savvy customers looking to enter the markets. A Wells Fargo logo is seen at the SIBOS banking and financial conference in Tor...

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Simple Banking Security Tip: Verbal Passwords

There was a time when I was content to let my bank authenticate me over the phone by asking for some personal identifiers (SSN/DOB) that are broadly for sale in the cybercrime underground. At some point, however, I decided this wasn’t acceptable for institutions that held significant chunks of...

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Simple Banking Security Tip: Verbal Passwords

There was a time when I was content to let my bank authenticate me over the phone by asking for some personal identifiers (SSN/DOB) that are broadly for sale in the cybercrime underground. At some point, however, I decided this wasn’t acceptable for institutions that held significant chunks of...

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Sprint shares plunge after T-Mobile merger talks called off

NEW YORK (Reuters) - Sprint Corp’s (S.N) shares fell more than 13 percent on Monday after the No. 4 U.S. wireless carrier called off merger talks with T-Mobile US Inc (TMUS.O) and a wireless partnership with cable company Altice USA (ATUS.N) failed to appease investors. The logo of U.S. mobile...

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Rivals AMD, Intel partner to take on Nvidia

(Reuters) - Bitter rivals Advanced Micro Devices Inc and Intel Corp on Monday unveiled a partnership that will help the chipmakers take on Nvidia Corp. The Intel logo is displayed on computer screens at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake Under the partne...

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Supreme Court rejects Samsung appeal of patent loss to Apple

(Reuters) - The U.S. Supreme Court on Monday refused to step back into the years-long feud over patents between the world’s top smartphone makers, declining to hear Samsung’s (005930.KS) appeal of a lower court ruling that reinstated a jury award of about $120 million in favor of Apple(A...

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Afghanistan will not block WhatsApp, Telegram: spokesman

KABUL (Reuters) - The Afghan government will not block the instant messaging services WhatsApp and Telegram, a spokesman said on Monday, following days of controversy after reports the services would be suspended. The WhatsApp app logo is seen on a smartphone in this picture illustration taken Septe...

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Broadcom offers $103 billion for Qualcomm, sets up takeover battle

(Reuters) - Chip maker Broadcom Ltd on Monday announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion as it looks to boost its presence in the wireless market, setting the stage for what could be one of the biggest takeover battles. FILE PHOTO: Broadcom Limited company logo is picture...

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World needs new rules for powerful tech: Web Summit chief

LISBON (Reuters) - Tech companies like Google and Facebook seem like monopolies and need new rules, the organizer of one of the world’s biggest technology summits said. Paddy Cosgrave, co-founder of Web Summit, attends an interview with Reuters in Lisbon, Portugal, November 5, 2017. Picture ta...

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Africa set to top 1 billion mobile internet connections in five years: study

JOHANNESBURG (Reuters) - Africa’s mobile internet connections are set to double in the next five years, a study showed on Monday, thanks to affordable smartphones and the roll-out of high-speed networks. A report by research and consulting firm Ovum in London estimates that mobile broadband co...

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Broadcom offers to buy mobile chipmaker Qualcomm for $103 billion

(Reuters) - Communications chipmaker Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion in cash and stock, in what would be the biggest technology acquisition ever. FILE PHOTO: Broadcom Limited company logo is pictured on an office b...

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Qihoo 360 chairman cites national interest in Shanghai backdoor listing

HONG KONG/SHANGHAI (Reuters) - Chinese cybersecurity software giant Qihoo 360 Technology Co Ltd said on Monday that the “national interest” was an important driver for its choice to return to the Chinese stock market via a potential $7.5 billion backdoor listing. Qihoo 360 was listed in ...

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Indonesia threatens to block WhatsApp messaging over obscene content

JAKARTA (Reuters) - Indonesia on Monday vowed to block Facebook Inc’s WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images were removed. FILE PHOTO: The WhatsApp messaging application is seen on a phone screen August 3, 2017. RE...

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BP, Shell lead plan for blockchain-based energy trading platform

(Reuters) - A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday. The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REU...

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Altice USA, Sprint agree to wireless partnership

(Reuters) - U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. FILE PHOTO: A Sprint store logo is pictured on...

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Altice USA, Sprint agree to wireless partnership agreement

(Reuters) - U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. FILE PHOTO: A Sprint store logo is pictured on...

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Altice to sell wireless service on Sprint's network

(Reuters) - Altice USA (ATUS.N), the fourth-largest U.S. cable operator, said it would introduce mobile service on Sprint Corp’s (S.N) network, becoming the latest in its industry to plan to enter the wireless market in an effort to retain customers. FILE PHOTO: A Sprint store logo is pictured...

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Amazon discounts other sellers' products as retail competition stiffens

NEW YORK (Reuters) - Amazon.com Inc is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illus...

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