Israeli checkout-free technology startup Trigo raises $22 million

Trigo, an Israeli-startup whose technology allows customers to automatically check out in grocery stores, said on Monday it raised $22 million in an early stage funding round, bringing funds raised to date to $29 million.

France's Canal+ pairs up with Netflix in pay-TV shift

Vivendi's Canal+ on Monday said it agreed a deal to add Netflix shows to its television bundles in France and elsewhere to retain subscribers, as pay-TV firms counter pressure from streaming giants by striking alliances with them.

Fintech company Plaid discloses investments from Visa, Mastercard

Financial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December.

ECB's Coeure says 'stablecoins' pose risks amid resistance to Facebook's Libra

A new breed of asset-backed cryptocurrencies such as Facebook's Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach.

Stablecoins harbor big risks, tough rules needed: Coeure

Stablecoins such as Facebook's planned Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach amid global scrutiny of the social media company's project.

Apple takes fight against 13-billion-euro EU tax order to court

Apple will launch a legal challenge on Tuesday to a European Commission order to pay 13 billion euros ($14.4 billion) in Irish back taxes in a landmark case in the EU's crackdown on tax avoidance by multinational companies.

Start-ups to grab $280 billion in banking payments revenues by 2025, study says

Banks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, as new start-ups muscle in and more of the business of sending money to individuals and companies becomes instant and free, according to a new report.

EU to pursue web tax plan alone if no global accord: Gentiloni

The European Union plans to introduce a tax on digital services even in the absence of a global accord on a so-called 'web tax', the Commissioner-designate for Economic Affairs Paolo Gentiloni was quoted as saying on Monday.

Apple TV+ premieres with star-studded period drama 'Dickinson' at Tribeca Festival

Apple TV+ premiered its first show at the Tribeca TV Festival on Saturday, flaunting feminist snark, lavish period costumes and a star-studded cast in "Dickinson," a series that sheds a modern light on the life of an iconic American poet.

Global regulators to question Facebook's Libra amid EU concerns: paper

Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday.

Apple has sour reaction to Goldman Sachs' analyst note

Apple Inc struck out at a Goldman Sachs Group Inc analyst on Friday in a relatively rare public dust-up between a blue chip Wall Street firm and its client.

Disney CEO Bob Iger resigns from Apple board as TV battle looms

Apple Inc said https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019319000093/a8-kseptember201991019.htm on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept. 10 as the two companies prepare to compete head-to-head in th...

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Disney CEO Bob Iger resigns from Apple board

Apple Inc said on Friday Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept. 10.

Apple, Facebook, Amazon, Google emails demanded in U.S. House panel probe

A U.S. House of Representatives panel on Friday demanded internal emails, detailed financial information and other company records from top executives of Amazon.com Inc. , Facebook Inc , Apple Inc , and Alphabet Inc's Google , widening the antitrust probe of Big Tech.

Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra

Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world.

Apple counters Goldman call on 'negative impact' of Apple TV+ trial

Apple Inc on Friday disputed a Goldman Sachs research note which stated that the company's plans to account for the trial of its new streaming service Apple TV+ will have a "material negative impact" on its results.

Apple's app store eyed in U.S. Congress antitrust probe

The U.S. House Judiciary Committee on Friday requested information from Apple Inc Chief Executive Tim Cook as part of an investigation of competition in digital markets.

Twitter restores some blocked Cuban official accounts

Twitter Inc has restored some of the accounts of Cuban state-run media, journalists and government officials it had blocked on Wednesday, although others like that of Communist Party leader Raul Castro remain suspended.

France, Germany blast Facebook's Libra, back public cryptocurrency

France and Germany said on Friday that Facebook's Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency.

VW CEO shifts strategy from empire building to efficiency

Volkswagen has abandoned its decades-old obsession with empire building and no-expense-spared engineering to free up resources for the development and mass production of electric cars, its CEO Herbert Diess told Reuters.