Canadian lender Desjardins says personal data of 2.9 million members breached

Canadian lender Desjardins Group said on Thursday an unauthorized use of internal data by an employee led to breach of personal information including social insurance number, address and details of banking habits of more than 2.9 million members.

Explainer: Initial exchange offerings flourish in crypto market

Initial exchange offerings (IEOs) are currently the most popular fundraising trend in the cryptocurrency industry, which has seen poster child bitcoin surge more than 150% in 2019. As the name suggests, initial exchange offerings are conducted over crypto trading platforms and exchanges.

Slack stock surges at debut, values company at more than $25 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion.

Telecom Italia to start talks with CDP, Enel on single network

Telecom Italia has signed a non-disclosure agreement with state lender CDP and utility Enel to kick off talks on ways of integrating its fiber optic network with that of smaller rival Open Fiber, including a possible merger.

Apple recalls certain older MacBook Pro units

Apple Inc said on Thursday it would recall a limited number of 15-inch MacBook Pro units as their batteries are susceptible to overheating and pose a "fire safety risk".

Apple, Keurig Dr Pepper, Dollar Tree press U.S. to drop China tariff plan

Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, Macs, and single-serve coffee brewers.

Hungary has no evidence of Huawei threat, plans rapid 5G rollout: minister

Hungary has no evidence that equipment from Chinese telecoms giant Huawei poses a security threat, a government minister said on Thursday, adding that Budapest was mulling incentives to accelerate the rollout of a high-speed 5G network.

Telecom Italia says to start talks with CDP, Enel on fiber network integration

Telecom Italia said on Thursday it had signed a non-disclosure agreement with state lender CDP and utility Enel aimed at kicking off talks on ways of integrating its fiber optic network with that of smaller rival Open Fiber.

Slack starts trade with surge, valued at more than $23 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, debuted in public trading at a price of $38.50 each, valuing the company at more than $23 billion, well above the $16 billion reference point set by the New York Stock Exchange.

Factbox: What is Slack?

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular initial public offering route.

Slack surges 50% in unusual listing, grabs $23 billion valuation

Shares of Slack Technologies Inc surged 50 percent in their debut through a direct listing on Thursday, giving the workplace messaging app owner a valuation of about $23 billion.

Unruly social media no model for Facebook's Libra currency: BoE's Carney

Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday.

Philippines' Globe Telecoms launches 5G service backed by Huawei equipment

Philippines' Globe Telecom Inc on Thursday launched Southeast Asia's first 5G broadband service, with embattled Huawei Technologies Co Ltd providing the equipment, a win for the Chinese firm despite cybersecurity worries from Western nations.

Keep calm and buy more avocados: Walmart-Cornershop deal falls

Walmart and delivery app Cornershop have ditched plans to link up after Mexican anti-trust officials blocked the deal earlier this month, Cornershop co-founder Oskar Hjertonsson said on Twitter.

Apple says U.S. tariffs on China to hurt global competitiveness

Apple Inc said proposed U.S. tariffs on goods from China, including iPhones, iPads, and Macs, will reduce the company's contributions to the U.S. economy and hurt its global competitiveness.

Goldman slashes Tesla price target by $42 on demand concerns

Goldman Sachs on Thursday cut its price target on Tesla Inc by 21%, to third lowest on the Street, on concerns about the sustainability of demand for the electric car maker's models.

LinkedIn jobs boost caps record FDI period for Ireland

Microsoft's LinkedIn on Thursday said it would add 800 new roles to its European headquarters in Dublin, the latest major jobs announcement that capped off a record six months for foreign direct investment (FDI) into Ireland.

Alexa, how can I fly to Mumbai?

When Karan Mehrotra booked a flight from Delhi to Guwahati, he did not go to a travel agent or an airline website.

Chainalysis, LINE unit BITBOX in anti-money laundering partnership

Chainalysis, a start-up specializing in countering money laundering and fraud in the digital currency space, has forged a partnership with BITBOX, a cryptocurrency exchange launched in July 2018, a top official of the U.S. company said on Thursday.

Slack to take unusual route to public markets, likely valuing it around $16 billion

Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter.