A virtual company created using a computer code could raise $200 million when it ends its fund-raising campaign next week, according to the founder of the firm that wrote the code for the new digital enterprise. The company is called DAO, which stands for Decentralized Autonomous Organization. It is...
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Major U.S. banks are pushing the SWIFT messaging network to boost security following cyber attacks in Bangladesh and Vietnam involving fraudulent transfer requests, Bloomberg New...
People wear Samsung Gear VR devices as they attend the launching ceremony of the new Samsung S7 and S7 edge smartphones during the Mobile World Congress in Barcelona, Spain, February 21, 2016. Reuters/Albert Gea TPX IMAGES OF THE DAY A growing number of U.S. companies are counting on virtual reality...
A man is seen next to a Firefox logo at a Mozilla stand during the Mobile World Congress in Barcelona, February 28, 2013. Reuters/Albert Gea/Files A federal judge has rejected Mozilla Corp's request to force the U.S. government to disclose a vulnerability related to the Firefox web browser that the ...
Longtime customers dramatically reduced the amount of licensing revenue they paid to use Oracle products after Google stole its copyrighted software to enter the smartphone market, Oracle's co-chief executive Safra Catz told jurors on Tuesday. In a trial at San Francisco federal court, Oracle Corp (...
A logo of Sony Corp is seen outside its headquarters in Tokyo, Japan, January 27, 2016. Picture taken January 27, 2016. Reuters/Yuya Shino Japan's Sony Corp said it plans to build up its artificial intelligence (AI) business and eventually turn it into a major revenue source, beginning with an inves...
Apple CEO Tim Cook speaks about the Apple TV during an event at Apple headquarters in Cupertino, California March 21, 2016. Reuters/Stephan Lam Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware ...
The logo of Dow Jones Industrial Average stock market index listed company Microsoft (MSFT) is seen in Los Angeles, California, United States, April 22, 2016. Reuters/Lucy Nicholson Microsoft said on Tuesday that Britain should stay in the European Union if it wanted to receive more investment, the ...
A phone running the Uber application is held above the traffic in central Bangkok December 10, 2014. Reuters/Damir Sagolj/Files Thailand has ordered Uber Technologies UBER.UL and Grab to halt their motorcycle taxi-hailing services, a senior transport official said on Tuesday. The services are popula...
The Vodafone logo can be seen on top of a building outside Madrid, Spain, April 13, 2016. Reuters/Andrea Comas Vodafone said its earnings growth would accelerate this year after a program to improve its networks boosted demand in Europe and helped the group to return to underlying growth in 2016 rev...
Vietnam's central bank said on Tuesday a failed hacking attempt on Tien Phong Bank (TPBank) using the SWIFT messaging system sought to fraudulently transfer 1.2 million euros ($1.36 million) to a Slovenian bank late last year in one transaction. The thwarted transfer on Dec. 8 was the only hack atte...
An interface board bearing CPU (silver) and semiconductors (black) is placed on a researcher's desk at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016. Reuters/Kim Kyung-Hoon - RTSDRLW Taiwanese regulators have begun reviewing Chinese state-backed Tsinghua Unigroup's proposals...
Corvex Management disclosed on Monday that it owns 9.9 percent of Pandora Media Inc and urged the internet music streaming company to explore a sale. Corvex is run by Keith Meister, a protégé of billionaire activist investor Carl Icahn, and said in the letter to Pandora's board that it...
Electronic cables are silhouetted next to the logo of Twitter in this September 23, 2014 illustration photo in Sarajevo. Reuters/Dado Ruvic Twitter Inc users will soon have more flexibility in writing tweets because the company plans to stop including photos and links as part of its 140-character li...
A portrait of the Twitter logo in Ventura, California December 21, 2013. Reuters/Eric Thayer/Files Twitter Inc said it appointed Debra Lee, the chief executive of Viacom Inc subsidiary BET Networks, to its board, effective immediately. The company also said it appointed Marjorie Scardino as lead ind...
The Oracle logo is seen on its campus in Redwood City, California June 15, 2015. Reuters/Robert Galbraith - RTX1GN5V Oracle Corp (ORCL.N) did not acquire Sun Microsystems in 2009 in order to launch a copyright lawsuit against Google, but rather to protect its products that relied on Sun's software, ...
An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, Los Angeles, California, United States July 15, 2015. Reuters/Lucy Nicholson A key plaintiff in a driver class action against Uber said he does not support a proposed settlement in which thousands of drivers would re...
The U.S. Supreme Court building is seen in Washington, March 16, 2016. Reuters/Jim Bourg/Files The U.S. Supreme Court on Monday handed a narrow victory to Spokeo Inc over the online people-search company's bid to avoid a class action lawsuit for including incorrect information in its database. The c...
Ziv Aviram, Mobileye's co-founder and chief executive, gestures during a news conference in Jerusalem October 24, 2012. Reuters/Baz Ratner Mobileye NV expects its China sales to increase "exponentially" after the country moves to require advanced driver assistance systems (ADAS) in all buses and tru...
Apple CEO Tim Cook speaks about the Apple TV during an event at Apple headquarters in Cupertino, California int his file photo dated March 21, 2016. Reuters/Stephan Lam Apple Inc (AAPL.O) Chief Executive Tim Cook visited Beijing on Monday, days after announcing a $1 billion deal with ride-hailing ap...
Movies like "Mario Kart" and "The Legend of Zelda" could soon be coming to a theater near you. Nintendo Co Ltd is in talks with several global production companies about expanding its video content business, including making movies, said Tatsumi Kimishima, president of the Japanese videogame maker. ...
Ride hailing app Didi Chuxing is preparing for an initial public offering in New York, Bloomberg reported, citing people familiar with the matter. China-based Didi, a rival to Uber Technologies Inc, is targeting a listing as soon as next year, Bloomberg said on Monday. The timing will depend on how ...
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The ne...
Facebook CEO Mark Zuckerberg speaks on stage during the Facebook F8 conference in San Francisco, California April 12, 2016. Reuters/Stephen Lam/Files Facebook Chief Executive Mark Zuckerberg will meet this week with prominent conservatives in the media, a spokesman said on Sunday, to address allegat...
The new Google logo is seen at the Google headquarters in Mountain View, California November 13, 2015. Reuters/Stephen Lam Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The ...
Three French anti-racism associations said on Sunday they would file legal complaints against social networks Facebook (FB.O), Twitter (TWTR.N) and Google's Youtube (GOOGL.O) for failing to remove "hateful" content posted on their platforms. French law requires websites to take down racist, homophob...
Warren Buffett, chairman and CEO of Berkshire Hathaway, prepares to speak at the Fortune's Most Powerful Women's Summit in Washington October 13, 2015. Reuters/Kevin Lamarque/File Photo Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor ma...
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/File Photo The Federal Reserve Bank of New York is standing by its procedures for wiring funds after facing scrutiny in the wake of the $81 million cyber heist at the Bangladesh central...
Warren Buffett, chairman and CEO of Berkshire Hathaway, speaks at the Fortune's Most Powerful Women's Summit in Washington October 13, 2015. Reuters/Kevin Lamarque Berkshire Hathaway Inc Chairman Warren Buffett is backing a consortium vying for Yahoo Inc's internet assets that includes Quicken Loans...
A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. Reuters/Stringer/File photo An anti-counterfeiting group said on Friday it was suspending Alibaba Group Holding Inc's membership following concerns raised by some of its member companies....
