ZURICH (Reuters) - Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money. The move by the FINMA watchdog comes on the ...

(Reuters) - Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps. The system, called iOS 11, is being released on Tuesday ahead of its two newest phone han...

HONG KONG (Reuters) - China’s Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars - a strategic pact that sent shares in Guangzhou Auto surging. The development of self-driving cars and fast-changing technology have set in motion a ...

HONG KONG (Reuters) - Chinese internet giant Tencent Holdings and Guangzhou Automobile Group Company Ltd said on Monday they had agreed to collaborate on connected cars. The two companies will also explore investment in areas such as auto-related e-commerce, new energy cars and auto insurance, Guang...

WASHINGTON (Reuters) - The U.S. Senate on Monday voted to ban Moscow-based cyber security firm Kaspersky Lab’s products from use by the federal government, citing concerns the company may be a pawn of the Kremlin and poses a national security risk. The vote is the latest in a series of setback...

NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) has been routing customer orders for bitcoin-related instruments, a spokesman said on Monday, despite the bank’s chief executive’s calling the crypto currency “a fraud.” Like other Wall Street banks, JPMorgan acts as an age...

(Reuters) - Sprint Corp said on Monday it will offer Apple Inc’s new iPhone 8 for free with a qualifying phone trade-in, following AT&T Inc’s buy one, get one free promotion on Friday for DirecTV and U-verse TV customers. While carriers have traditionally used phone launches to lure ...

(Reuters) - Cisco Systems Inc (CSCO.O) said on Monday that Executive Chairman John Chambers would not seek re-election after his term expires in December. Chambers, who lead the networking gear maker for two decades as its chief executive, became the executive chairman in July 2015. Under his leader...

BRUSSELS (Reuters) - Google has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said. Google is under pressure to come up with a big initiative to level the playing field in comparison shoppin...

SAN FRANCISCO (Reuters) - Intel Corp (INTC.O) on Monday announced a collaboration with Alphabet’s (GOOGL.O) Waymo self-driving unit, saying it had worked with the company during the design of its compute platform to allow autonomous cars to process information in real time. The world’s l...

WASHINGTON (Reuters) - New York Governor Andrew Cuomo plans to require all credit reporting agencies to register with the state and comply with its cyber security rules, he said in a statement on Monday. The proposed regulation, ordered after Equifax Inc’s (EFX.N) breach exposed sensitive data...

WASHINGTON (Reuters) - New York Governor Andrew Cuomo said in a statement on Monday that all credit reporting agencies must register with the state and comply with its cyber security rules. The regulation, ordered in the wake of an breach at Equifax (EFX.N) that exposed sensitive data of up to 143 m...

LONDON (Reuters) - Uber will face a big jump in the fee it pays to operate in London to 2.9 million pounds if the ride hailing company is granted a new license by the city’s transport authority. Transport for London said on Monday companies with more than 10,000 vehicles would pay 2.9 million ...

BRUSSELS (Reuters) - Alphabet unit Google has offered to display rival shopping comparison sites via an auction in order to comply with an EU antitrust order to stop favoring its own shopping service, four people familiar with the matter said on Monday. The proposal, which resembles a failed offer m...

SAN FRANCISCO (Reuters) - Hackers broke into British company Piriform’s free software for optimizing computer performance last month potentially allowing them to control the devices of more than two million users, the company and independent researchers said on Monday. The malicious program wa...

LONDON (Reuters) - Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure of products promising to save on claims in a highly competitive market has le...

NEW DELHI (Reuters) - Alphabet Inc’s Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country’s rapidly-growing digital payments space. India’s crowded digital payments market, expected to grow ten-fold to $500 billion by 2020, rece...

SAN FRANCISCO (Reuters) - Hackers broke into British company Piriform’s free software for optimizing computer performance last month and installed tools that could have allowed them to take control of tens of millions of devices, the company and independent researchers said on Monday. The mali...

HELSINKI (Reuters) - Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea’s LG Electronics (066570.KS) for using its smartphone patents. The Finnish company said it would also get a one-off payment, ...

(Reuters) - Software startup Slack Technologies Inc said it raised $250 million from SoftBank Group Corp (9984.T) and other investors in its latest funding round, boosting the company’s valuation to $5.1 billion. The latest fund-raising, led by SoftBank through its giant Vision Fund and joined...

NEW YORK (Reuters) - Snap Inc has been asked by the Saudi Arabia government to remove the Al Jazeera Discover Publisher Channel in that country because it violated local laws, the social media company said on Sunday. “We make an effort to comply with local laws in the countries where we operat...

LONDON (Reuters) - It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven. Central banks already use electron...

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla (TSLA.O) and Deutsche Post DHL (DPWGn.DE) in putting them on the road, the head of VW’s trucks business told a German newspaper. He said Volksw...

SAN FRANCISCO (Reuters) - Alphabet’s Waymo self-driving car unit said critical new evidence it recently obtained in a trade secret lawsuit against Uber means a U.S. judge should postpone a trial of the case set to begin next month. Waymo claimed in a lawsuit earlier this year that former engin...

LONDON (Reuters) - Online retailer Amazon aims to take the “see now, buy now” model of making clothes seen in catwalk shows quickly available to consumers to a new level, offering one-hour delivery on items shown in a fashion show on Saturday night to customers in London. Former Diesel c...

WASHINGTON (Reuters) - Equifax said on Friday that it made changes in its top management as part of its review of a massive data breach, with two technology and security executives leaving the company “effective immediately.” The credit-monitoring company announced the changes in a press...

BRUSSELS (Reuters) - A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers. Feted as a milestone in ...

SHANGHAI (Reuters) - U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America’s growth and the global economy, China’s state news agency Xinhua said in a commentary on Saturday. Canyon Bridge Capita...

(Reuters) - Credit score company Equifax Inc’s chief information officer and chief security officer will retire effective immediately, CNBC said on Friday, citing Dow Jones. Equifax, which reported a massive data breach last week, did not immediately respond to requests for comment. Reporting ...

WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax’s (EFX.N) massive data breach, and along with 11 other Democratic senators, introduced a bill to allow consumers to freeze their credit for free. Equifax came under increased pressur...