LONDON (Reuters) - Barclays (BARC.L) is likely to follow other major lenders in the United States in stopping customers from buying Bitcoin and other cryptocurrencies with its credit cards, according to an interview with a senior executive at its credit card unit. “We are making the decision t...
TOKYO (Reuters) - Japanese regulators will allow cryptocurrency exchange Coincheck Inc to resume yen withdrawals from Tuesday, a person with direct knowledge of the matter said. Coincheck, reeling from the theft of $530 million worth of NEM digital money by hackers last month, has received yen-withd...
SHANGHAI/TOKYO (Reuters) - China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to urban transport. The move into Japan underscores a recent push by Di...
HONG KONG (Reuters) - China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the online payments giant at more than $100 billion, people familiar with the move told Reuters. A fundraising would bring Ant, in which e-commerce firm Alibaba Gro...
TOKYO (Reuters) - SoftBank Group Corp, Yahoo Japan Corp> and Aeon Co Ltd plan to launch an online retail business, NHK reported on Friday. Slideshow (2 Images) The online business will sell products including food, clothes and everyday goods, NHK said citing unnamed sources, in what would be the ...
SHANGHAI (Reuters) - Chinese ride hailing giant Didi Chuxing will set up a venture with SoftBank Group Corp to provide ride-hailing and other services for the Japanese taxi industry, the companies said in a statement on Friday. The move into Japan underscores a recent push by Didi to beef up its pre...
SAN FRANCISCO (Reuters) - U.S. business software developer Salesforce.com Inc (CRM.N) will pump $2 billion into its Canadian business over the next five years, it said on Thursday, the latest major U.S. technology investment across the border since early 2017. Toronto is a hub for artificial intelli...
(Reuters) - Nvidia Corp’s (NVDA.O) upbeat current-quarter revenue forecast on Thursday underscored surging demand for its graphics chips used in data centers, gaming devices and cryptocurrency mining, sending its shares up as much as 12 percent in extended trading. The company, which also repo...
(Reuters) - U.S. semiconductor company Qualcomm Inc (QCOM.O) on Thursday rejected Broadcom Ltd’s (AVGO.O) revised $121 billion buyout offer, but proposed meeting its peer to see whether they can address what it called the bid’s “serious deficiencies in value and certainty.” Q...
(Reuters) - Nvidia Corp (NVDA.O) reported a better-than-expected 34 percent jump in quarterly revenue on Thursday, underpinned by strong demand for its graphics chips used in data centers, gaming devices and in cryptocurrency mining. The company’s shares rose 11 percent to a high of $241 in ex...
(Reuters) - Chipmaker Qualcomm Inc (QCOM.O) said on Thursday its board had unanimously rejected Broadcom Ltd’s (AVGO.O) revised $121 billion buyout offer. The board has determined that Broadcom’s proposal “materially undervalues” Qualcomm and falls short of the firm regulator...
(Reuters) - Activision Blizzard Inc (ATVI.O) beat analysts’ expectations for revenue in the final quarter of 2017, helped by robust Christmas buying of its blockbuster “Call of Duty” videogame and higher digital sales. “Call of Duty: WWII”, which was released in Novembe...
(Reuters) - Cyber security firm FireEye Inc (FEYE.O) on Thursday reported its first-ever quarterly adjusted profit since going public in 2013, helped by cost cutting and shift to a subscription-based model. On an adjusted basis, the company reported a profit of 1 cent per share for the fourth quarte...
(Reuters) - Twitter Inc on Thursday delivered its first quarterly profit and an unexpected return to revenue growth helped by expansion outside the United States, pushing shares in the social network to more than two-year highs. Overall revenue rose 2 percent in the fourth quarter from a year earlie...
SAN FRANCISCO (Reuters) - A key Uber investor testified on Thursday that the company’s board received assurances that due diligence had turned up no problems with a self-driving car startup which Uber acquired, differing from testimony by Uber’s former chief executive. Benchmark venture ...
The U.S. Justice Department announced charges on Wednesday against three dozen individuals thought to be key members of ‘Infraud,” a long-running cybercrime forum that federal prosecutors say cost consumers more than a half billion dollars. In conjunction with the forum takedown, 13 alle...
The U.S. Justice Department announced charges on Wednesday against three dozen individuals thought to be key members of ‘Infraud,” a long-running cybercrime forum that federal prosecutors say cost consumers more than a half billion dollars. In conjunction with the forum takedown, 13 alle...
PARIS (Reuters) - Uber [UBER.UL] won a rare French victory on Thursday against attempts to force the ride-hailing operator to recognize its drivers as employees, a prospect that would undermine its entire business model. In a decision likely to bring sighs of relief among gig-economy firms and inves...
(Reuters) - Twitter Inc (TWTR.N) shares surged 22 percent at the market open on Thursday after it reported its first quarterly profit and better-than-expected revenue, helped by ads that better targeted users and sales growth outside the United States. Investors shrugged off zero growth in Twitter&r...
WASHINGTON (Reuters) - YouTube found no evidence of Russian interference in the 2016 Brexit referendum, a senior executive told a British parliamentary committee inquiry into fake news. Britain’s Digital, Media, Culture and Sport Committee is taking evidence on Thursday at George Washington Un...
