Bitcoin trading shrivels under Chinese government's glare

SHANGHAI (Reuters) - Trading volumes at China's three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem capital outflows.

Osram to hire 1,000 in Germany for smartphone infrared push

FRANKFURT (Reuters) - Osram plans to hire up to 1,000 new staff at its plant in Regensburg, Germany as it anticipates a fast ramp-up in demand for its infrared components used for iris-scanning identification in smartphones, a spokesman for the German lighting group said.

Macquarie, ING join Apple Pay in Australia in challenge to Big Four

SYDNEY (Reuters) - Macquarie Group and ING Direct on Friday said they would start using Apple Inc's mobile payment service in Australia this month, hoping to snatch market share from the major retail banks through digital technology.

Remote control: Companies blur lines over who owns devices

(Reuters) - When Samsung Electronics remotely disabled the last of its flawed Galaxy Note 7 smartphones last month, it further blurred the lines between who ultimately controls your phone, or computer, car or appliance: you, or the companies that make it work?

Twitter numbers paint grim profitability picture

(Reuters) - Twitter Inc's desultory earnings report on Thursday show a company with no evident path to profitability, as core costs climb more quickly than revenue while user growth stagnates.

Graphics-chip maker Nvidia's revenue beats expectations

(Reuters) - Nvidia Corp's quarterly revenue surged more than 50 percent for the second straight quarter and beat expectations, helped by rising demand for its graphics chips and strength in rapidly growing areas such as self-driving systems and artificial intelligence.

Nasdaq plans venture arm to invest in financial technology: sources

NEW YORK (Reuters) - Exchange operator Nasdaq Inc plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses, two people familiar with the plans told Reuters.

Activision sales top Street; Co hikes dividend, sets $1 billion buyback

(Reuters) - Videogame publisher Activision Blizzard Inc reported fourth-quarter revenue above analysts' estimates, raised its dividend and announced a two-year $1 billion stock repurchase plan.

'FarmVille' creator Zynga forecasts bookings below estimates

(Reuters) - Zynga Inc , which created the online game FarmVille, forecast current-quarter bookings largely below analysts' estimates, weighed down by a seasonally weak advertising business as well as declines in its web business.

Apple CEO Cook 'optimistic' about UK's future after Brexit: BBC

(Reuters) - Apple Inc Chief Executive Tim Cook told Prime Minister Theresa May the company was optimistic about Britain's future after it leaves the European Union, the BBC reported on Thursday.

Mobile app firms settle NYAG claims over data disclosure shortfalls

NEW YORK (Reuters) - Two mobile application developers will more clearly inform users how they collect personal information, as part of a settlement of claims by New York's attorney general that they failed to disclose their data collection practices in privacy policies.

Zenefits cuts nearly half its workforce as startup's struggles continue

SAN FRANCISCO (Reuters) - Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators.

Fast Food Chain Arby’s Acknowledges Breach

Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breac...

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Fast Food Chain Arby’s Acknowledges Breach

Sources at nearly a half-dozen banks and credit unions independently reached out over the past 48 hours to inquire if I’d heard anything about a data breach at Arby’s fast-food restaurants. Asked about the rumors, Arby’s told KrebsOnSecurity that it recently remediated a breac...

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Lloyds joins new British banking cyber defense alliance: sources

People walk past a branch of Lloyds Bank at Berkeley Square in London, Britain July 28, 2016. REUTERS/Peter Nicholls

Snap to spend $1 billion on Amazon cloud services

FILE PHOTO - The Snapchat logo is seen on the door of their headquarters in Venice, Los Angeles, California October 13, 2014. REUTERS/Lucy Nicholson/File Photo

Twitter reports slowest quarterly revenue growth

A screen displays the stock price of Twitter above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., January 31, 2017. REUTERS/Lucas Jackson

Chinese bitcoin exchanges says to strengthen scrutiny of customers, sources of funds

FILE PHOTO: Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. REUTERS/Benoit Tessier/File Photo - RTX2YBYD

Nokia offers to buy Comptel for $370 million

HELSINKI (Reuters) - Finnish telecoms network equipment maker Nokia said on Thursday it is seeking to buy company Comptel for about 347 million euros ($370 million) to expand its software services business.

Nokia offers to buy Comptel for $370 million

HELSINKI (Reuters) - Network equipment maker Nokia said on Thursday it has agreed to buy another Finnish company, Comptel , for about 347 million euros ($370 million) to expand its software business.